What are Marcus & Millichap's total assets?

Marcus & Millichap (MMI) holds $755.0M in total assets, down 5.9% year over year.

How much debt does Marcus & Millichap have?

Marcus & Millichap carries $75.0M in total debt against $569.1M of shareholders' equity, a debt-to-equity ratio of 0.13.

How much cash does Marcus & Millichap have?

Marcus & Millichap holds $136.5M in cash and equivalents.

Can Marcus & Millichap cover its short-term obligations?

Its current ratio is 2.65 — current assets exceed current liabilities.

Where does Marcus & Millichap's balance sheet data come from?

Every line is extracted from Marcus & Millichap's SEC filings (10-K and 10-Q) and tagged in XBRL. Switch between quarterly, annual, and trailing-twelve-month views, or open any line for its full history and peer comparisons.

Marcus & Millichap MMI Balance Sheet Statement

Income Statement Balance Sheet Cash Flow Ratios Segments

Quarterly Annual TTM

YoY

Simplified Detailed

	FY'25	FY'24	FY'23	FY'22
Cash and cash equivalents	$161.92M+5.5%	$153.45M-10.1%	$170.75M-27.6%	$235.87M-38.3%
Short-term investments	$90.56M-52.3%	$189.67M+12.3%	$168.88M-33.4%	$253.43M+37.8%
Restricted cash	$11.25M+5.4%	$10.68M—	——	——
Prepaid expenses and other current assets	$10.42M+12.0%	$9.31M+5.7%	$8.81M-6.4%	$9.41M-28.8%
Income taxes receivable	$1.96M-67.5%	$6.03M-35.2%	$9.3M+7.1%	$8.68M—
Trading assets	$90.56M-52.3%	$189.67M+12.3%	$168.88M-33.4%	$253.43M+37.8%
Total current assets	$309.21M-24.6%	$410.32M+4.2%	$393.69M-25.3%	$527.14M-13.3%
Property and equipment, net	$23.88M-8.7%	$26.14M-4.8%	$27.45M-0.7%	$27.64M+19.2%
Accumulated depreciation	$57.43M+12.6%	$51.01M+5.2%	$48.5M+17.1%	$41.43M+17.9%
Operating lease right-of-use assets	$74.33M-8.4%	$81.12M-9.9%	$90.06M+2.4%	$87.95M+7.9%
Goodwill	$37.85M+0.7%	$37.6M-1.2%	$38.05M+0.3%	$37.91M+11.3%
Intangible assets, net	$3.81M-35.7%	$5.92M-54.9%	$13.14M-26.1%	$17.78M+26.7%
Deferred tax assets	$44.59M-7.3%	$48.08M+2.5%	$46.93M+13.6%	$41.32M+22.5%
Other non-current assets	$211K-99.1%	$23.63M+57.8%	$14.97M-5.6%	$15.86M+20.6%
Available-for-sale securities	$86.15M+68.4%	$51.15M-24.2%	$67.46M-1.7%	$68.6M-39.1%
Total assets	$827.18M-4.9%	$869.8M-1.0%	$878.41M-12.5%	$1B-4.0%
Accounts payable	$11.02M-19.8%	$13.74M+69.0%	$8.13M-29.0%	$11.45M-26.1%
Accrued expenses	$23.86M-6.4%	$25.49M+33.3%	$19.12M-50.1%	$38.33M-23.1%
Operating lease liabilities, current	$18.8M+1.5%	$18.52M+1.0%	$18.34M+8.0%	$16.98M-10.5%
Dividends payable	$1.04M+10.4%	$942K+17.5%	$802K+31.0%	$612K—
Total current liabilities	$121.45M-8.7%	$133.02M+26.4%	$105.27M-30.8%	$152.02M-32.6%
Operating lease liabilities, non-current	$59.46M-9.5%	$65.7M-5.3%	$69.41M+6.6%	$65.11M+11.6%
Other non-current liabilities	$7.76M+10.7%	$7.01M-34.5%	$10.69M+24.1%	$8.61M-24.4%
Total liabilities	$224.08M-6.2%	$238.98M+2.5%	$233.14M-19.7%	$290.2M-16.8%
Preferred stock	$0—	$0—	$0—	$0—
Common stock	150M+3,749,900%	4K0.0%	4K0.0%	4K0.0%
Additional paid-in capital	$192.95M+11.3%	$173.34M+12.7%	$153.74M+16.9%	$131.54M+8.0%
Retained earnings	$409.75M-10.7%	$458.91M-6.8%	$492.3M-15.9%	$585.58M+2.1%
Accumulated other comprehensive income (loss)	$401K+128%	-$1.43M-86.6%	-$768K+78.8%	-$3.62M-497%
Total stockholders' equity	$603.1M-4.4%	$630.82M-2.2%	$645.27M-9.6%	$713.51M+2.5%
Total liabilities and stockholders' equity	$827.18M-4.9%	$869.8M-1.0%	$878.41M-12.5%	$1B-4.0%
Commitments and contingencies	$0—	$0—	$0—	$0—
Available-for-Sale Debt Securities - Amortized Cost	$90.56M-52.3%	$189.67M+12.2%	$169.02M-33.6%	$254.68M+38.5%
Available-for-Sale Debt Securities - Amortized Cost (Due Within One Year)	$90.56M-52.3%	$189.67M+12.2%	$169.02M-33.6%	$254.68M+38.5%
Available-for-Sale Debt Securities - Unrealized Loss Position (>=12 Months)	$16.89M-58.1%	$40.34M-29.9%	$57.51M-27.2%	$79M+54,012%
AFS and Trading Securities - Unrealized Loss Position (>=12 Months)	$16.89M-58.1%	$40.34M-29.9%	$57.51M-27.2%	$79M+54,012%
AFS and Trading Securities - Unrealized Loss Position (<12 Months) Fair Value	$31.74M+43.9%	$22.05M-61.3%	$56.93M-72.8%	$209.03M-5.8%
Available-for-Sale Debt Securities - Unrealized Loss Position (<12 Months)	$31.74M+43.9%	$22.05M-61.3%	$56.93M-72.8%	$209.03M-5.8%
Available-for-Sale Debt Securities - Unrealized Loss Position	$1.16M-25.5%	$1.55M-41.2%	$2.64M-52.2%	$5.51M+978%
AFS and Trading Securities - Unrealized Loss Position (>=12 Months) Fair Value	$16.89M-58.1%	$40.34M-29.9%	$57.51M-27.2%	$79M+54,012%
AFS and Trading Securities - Unrealized Loss Position Fair Value	$48.62M-22.1%	$62.38M-45.5%	$114.44M-60.3%	$288.03M+29.7%
AFS and Trading Securities - Unrealized Loss Position (<12 Months) Fair Value	$31.74M+43.9%	$22.05M-61.3%	$56.93M-72.8%	$209.03M-5.8%
Cash, Cash Equivalents, and Marketable Securities	$48.62M-22.1%	$62.38M-45.5%	$114.44M-60.3%	$288.03M+29.7%
Advances and loans, net	$15.3M-12.7%	$17.52M+390%	$3.57M-10.8%	$4.01M-37.5%
Available For Sale Securities Debt Securities Current	$90.56M-52.3%	$189.67M+12.3%	$168.88M-33.4%	$253.43M+37.8%
Commissions receivable	$14.85M-21.0%	$18.8M+16.3%	$16.17M+91.3%	$8.45M-50.9%
Other current assets	$14.19M-8.7%	$15.54M-4.1%	$16.2M+123%	$7.28M+38.2%
Available-for-Sale Debt Securities - Fair Value (Maturing 1 to 5 Years)	$85.62M+225%	$26.32M-45.5%	$48.24M-14.6%	$56.51M-41.2%
Deferred Tax Assets and Other Non-Current Assets	$27.12M+14.8%	$23.63M+57.8%	$14.97M-5.6%	$15.86M+20.6%
Finite-Lived Intangible Assets - Expected Amortization Expense (Year One)	——	——	——	——
Finite Lived Intangible Assets - Gross	$19.38M+1.3%	$19.12M-38.4%	$31.02M-3.9%	$32.29M+34.7%
Goodwill and Intangible Assets, Net	$41.66M-4.3%	$43.52M-15.0%	$51.18M-8.1%	$55.7M+15.8%
Investments - Amortized Cost Basis	$236.13M-2.4%	$242.03M+1.5%	$238.56M-27.2%	$327.5M+10.7%
Net Investment in Lease	$74.33M-8.4%	$81.12M-9.9%	$90.06M+2.4%	$87.95M+7.9%
Advances and loans, net	$147.22M-15.2%	$173.66M-1.2%	$175.83M+3.5%	$169.96M+50.1%
Long-term marketable securities	$145.7M+185%	$51.15M-24.2%	$67.46M-1.7%	$68.6M-39.1%
Deferred tax assets	$44.59M-7.3%	$48.08M+2.5%	$46.93M+13.6%	$41.32M+22.5%
Intangible assets — net	$3.81M-35.7%	$5.92M-54.9%	$13.14M-26.1%	$17.78M+26.7%
Goodwill and intangible assets, net	$41.66M-4.3%	$43.52M-15.0%	$51.18M-8.1%	$55.7M+15.8%
Operating lease right-of-use assets	$74.33M-8.4%	$81.12M-9.9%	$90.06M+2.4%	$87.95M+7.9%
Other non-current assets	$27.12M+14.8%	$23.63M+57.8%	$14.97M-5.6%	$15.86M+20.6%
Operating Lease Right-of-Use Assets in Other Assets	$74.33M-8.4%	$81.12M-9.9%	$90.06M+2.4%	$87.95M+7.9%
Software and Technology Licenses, Net	$27.12M+14.8%	$23.63M+57.8%	$14.97M-5.6%	$15.86M+20.6%
Accrued Manufacturing Costs	$23.86M-6.4%	$25.49M+33.3%	$19.12M-50.1%	$38.33M-23.1%
Commissions and Contract Termination Costs	$53.89M-15.7%	$63.95M+21.4%	$52.69M-27.1%	$72.25M-34.8%
Accounts payable and other current liabilities (Note 11)	$11.02M-19.8%	$13.74M+69.0%	$8.13M-29.0%	$11.45M-26.1%
Deferred compensation and commissions	$57.46M-14.5%	$67.2M+20.5%	$55.77M-26.0%	$75.32M-34.3%
Compensation and benefits	$23.86M-6.4%	$25.49M+33.3%	$19.12M-50.1%	$38.33M-23.1%
Other accrued liabilities	$10.31M+27.7%	$8.08M+106%	$3.92M-60.5%	$9.93M+13.1%
Deferred Compensation Liability (Current)	$331K+91.3%	$173K-13.9%	$201K-59.2%	$493K-54.4%
Contingent Consideration Liability (Non-Current)	$2K-98.3%	$117K-97.5%	$4.66M-12.7%	$5.34M-19.5%
Debt Maturity - 5 to 10 Years	$16.12M+50.4%	$10.72M-12.7%	$12.28M+3.6%	$11.85M+2.1%
Debt Maturity - Over 10 Years	$43.89M+196%	$14.81M+77.4%	$8.35M+190%	$2.88M-38.7%
Deferred Compensation Liability (Non-Current)	$9.79M+17.8%	$8.3M-0.6%	$8.36M+25.4%	$6.66M-16.7%
Notes Payable - Fair Value	$5.63M—	——	——	——
Total debt	$78.26M-7.1%	$84.22M-4.0%	$87.74M+6.9%	$82.09M+6.2%
AFS and Trading Securities - Unrealized Loss Position (>=12 Months) Accumulated Loss	$761K-46.9%	$1.43M-44.0%	$2.56M+27.6%	$2.01M+24,988%
Common Stock Par Value Per Share	$0.000.0%	$0.000.0%	$0.000.0%	$0.000.0%
Common Stock Shares Issued	38.4M-1.1%	38.9M+1.2%	38.4M-2.1%	39.3M-1.1%
Convertible Preferred Stock Authorized Shares	25M0.0%	25M0.0%	25M0.0%	25M0.0%
Convertible Preferred Stock Issued Shares	0—	0—	0—	0—
Convertible Preferred Stock Outstanding Shares	0—	0—	0—	0—
Additional paid-in capital	$192.95M+11.3%	$173.34M+12.7%	$153.74M+16.9%	$131.54M+8.0%
Common stock; $0.001 par value; 6,000 shares authorized; 3,755 and 3,751 shares issued and outstanding as of March 31, 2026 and December 31, 2025, respectively	$4K0.0%	$4K0.0%	$4K0.0%	$4K0.0%
Preferred stock; $0.001 par value; 100 shares authorized; no shares issued and outstanding	$0—	$0—	$0—	$0—
Investments - Gross Unrealized Losses	$48.62M-22.1%	$62.38M-45.5%	$114.44M-60.3%	$288.03M+29.7%
Preferred Stock Par Value Per Share	$0.000.0%	$0.000.0%	$0.000.0%	$0.000.0%
Share-Based Payment - Nonvested Awards (Number)	1.8M-11.7%	2M-0.7%	2M+14.8%	1.7M+77.5%
Share-Based Payment - Unrecognized Cost of Nonvested Awards	$37.92-2.1%	$38.74-2.9%	$39.90-5.3%	$42.14+15.2%
Share Repurchase Authorization Limit	——	——	——	——
Share Repurchase Program - Amount Remaining	——	——	——	——
Undistributed Earnings of Foreign Subsidiaries	——	——	——	——
Components	——	——	——	——
Cumulative Cost Basis	$236.13M-2.4%	$242.03M+1.5%	$238.56M-27.2%	$327.5M+10.7%
Guarantor Obligations - Maximum Exposure	——	——	——	——
Indemnification Liability Maximum Exposure	——	——	——	——
Commissions payable to investment sales and financing professionals	$18.62M+19.3%	$15.61M-44.6%	$28.2M-37.6%	$45.16M+42.5%
Advances and loans and commissions receivable allowance for credit loss	$1.1M-8.3%	$1.2M+71.4%	$700K-11.5%	$791K+0.3%
Total	$236.13M-2.4%	$242.03M+1.5%	$238.56M-27.2%	$327.5M+10.7%
Available-for-sale, securities in unrealized loss positions, accumulated loss	——	——	——	——
Debt Securities, Available-for-Sale, Amortized Cost, Maturity, Allocated and Single Maturity Date, after Year 5 Through 10	$16.06M+42.8%	$11.25M-13.2%	$12.95M-3.6%	$13.44M+20.7%
Debt Securities, Available-for-Sale, Fair Value, Maturity, Allocated and Single Maturity Date, after Year 5 Through 10	$16.12M+50.4%	$10.72M-12.7%	$12.28M+3.6%	$11.85M+2.1%
Debt Securities, Available-for-Sale, Amortized Cost, Maturity, Allocated and Single Maturity Date, after Year One Through Five	$85.62M+225%	$26.32M-45.5%	$48.24M-14.6%	$56.51M-41.2%
Debt Securities, Available-for-Sale, Fair Value, Maturity, Allocated and Single Maturity Date, after Year One Through Five	$86.15M+232%	$25.94M-45.0%	$47.2M-12.9%	$54.17M-43.7%
Debt Securities, Available-for-Sale, Amortized Cost, Maturity, Allocated and Single Maturity Date, after Year 10	$43.89M+196%	$14.81M+77.4%	$8.35M+190%	$2.88M-38.7%
Debt Securities, Available-for-Sale, Fair Value, Maturity, Allocated and Single Maturity Date, after Year 10	$43.44M+200%	$14.49M+81.5%	$7.98M+210%	$2.58M-45.8%
Debt Securities, Available-for-Sale, Amortized Cost, Maturity, Allocated and Single Maturity Date, Year One	$90.56M-52.3%	$189.67M+12.2%	$169.02M-33.6%	$254.68M+38.5%
Debt Securities, Available-for-Sale, Fair Value, Maturity, Allocated and Single Maturity Date, Year One	$90.56M-52.3%	$189.67M+12.3%	$168.88M-33.4%	$253.43M+37.8%
Available for sale investments	$236.27M-1.9%	$240.81M+1.9%	$236.34M-26.6%	$322.03M+8.6%
Contingent and deferred consideration, maximum undiscounted payment	$6.8M-43.3%	$12M-18.4%	$14.7M-31.0%	$21.3M-25.5%
Common stock, par value (in dollars per share)	$00.0%	$00.0%	$00.0%	$00.0%
Common stock, shares authorized (in shares)	$150M0.0%	$150M0.0%	$150M0.0%	$150M0.0%
Common stock, shares issued (in shares)	$38.42M-1.1%	$38.86M+1.2%	$38.41M-2.1%	$39.26M-1.1%
Common Stock, Shares, Outstanding	$38.42M-1.1%	$38.86M+1.2%	$38.41M-2.1%	$39.26M-1.1%
Fixed maturities, allowance for credit Loss, noncurrent	$0—	$0—	$0—	$0—
Fixed maturities, allowance for credit loss, current	$0—	$0—	$0—	$0—
Debt Securities, Available-for-sale, Amortized Cost, Noncurrent	$145.57M+178%	$52.37M-24.7%	$69.54M-4.5%	$72.82M-34.9%
Amortized cost of available-for-sale debt securities, current	$90.56M-52.3%	$189.67M+12.2%	$169.02M-33.6%	$254.68M+38.5%
Debt Securities, Available-for-Sale, Continuous Unrealized Loss Position, 12 Months or Longer, Accumulated Loss	$761K-46.9%	$1.43M-44.0%	$2.56M+27.6%	$2.01M+24,988%
Less than 12 months	$31.74M+43.9%	$22.05M-61.3%	$56.93M-72.8%	$209.03M-5.8%
12 months or more	$16.89M-58.1%	$40.34M-29.9%	$57.51M-27.2%	$79M+54,012%
Debt Securities, Available-for-Sale, Continuous Unrealized Loss Position, Less than 12 Months, Accumulated Loss	$394K+240%	$116K+54.7%	$75K-97.9%	$3.5M+596%
Debt Securities, Available-for-Sale, Unrealized Loss Position, Accumulated Loss	$1.16M-25.5%	$1.55M-41.2%	$2.64M-52.2%	$5.51M+978%
Debt Securities, Available-for-Sale, Unrealized Loss Position, Number of Positions	——	——	——	——
Debt Securities, Available-for-Sale, Unrealized Loss Position	$48.62M-22.1%	$62.38M-45.5%	$114.44M-60.3%	$288.03M+29.7%
Deferred compensation and commissions	$35.42M+6.5%	$33.26M-30.4%	$47.77M-25.9%	$64.46M+20.4%
Salary continuation payments	$9.46M+16.3%	$8.13M-0.3%	$8.16M+32.2%	$6.17M-10.9%
Deferred compensation plan assets	$13.48M+10.5%	$12.19M+12.5%	$10.84M+13.5%	$9.55M-17.0%
Dividends payable	$1.29M-17.3%	$1.56M-7.2%	$1.68M+4.8%	$1.6M—
Dividends payable upon vesting of stock	——	——	——	——
Unrecognized compensation cost related to non-vested awards	——	——	——	——
Thereafter	——	——	——	——
Finite-Lived Intangible Assets, Accumulated Amortization	$15.57M+17.9%	$13.2M-26.2%	$17.89M+23.3%	$14.51M+45.9%
2028	——	——	——	——
2030	——	——	——	——
Remainder of 2026	——	——	——	——
2027	——	——	——	——
2029	——	——	——	——
Gross Carrying Amount	$19.38M+1.3%	$19.12M-38.4%	$31.02M-3.9%	$32.29M+34.7%
Goodwill, Gross	$37.85M+0.7%	$37.6M-1.2%	$38.05M+0.3%	$37.91M+11.3%
Value of financial guarantee (up to)	——	——	——	——
Allowance for loss sharing obligations	$292K+67.8%	$174K-79.6%	$851K+209%	$275K—
Guarantor obligations, amount pledged	$1.25M+84.8%	$678K+140%	$283K+1,669%	$16K—
Tax receivable within other current assets	$1.96M-67.5%	$6.03M-35.2%	$9.3M+7.1%	$8.68M—
Intangible Assets Gross Including Goodwill	$57.23M+0.9%	$56.72M-17.9%	$69.07M-1.6%	$70.2M+20.9%
Loan guarantee obligation	$2.04M+43.1%	$1.43M+96.7%	$725K-64.5%	$2.04M—
Loan guarantee obligation	$6.25M+19.4%	$5.24M+64.0%	$3.19M—	$0—
Maximum unpaid loan amount for which guarantee obligations granted	——	——	——	——
Other accrued liabilities	$5.01M+634%	$683K+72.9%	$395K-70.9%	$1.36M+36.9%
Other Commitment	——	——	——	——
Deferred compensation liabilities	$0—	$0—	$0—	$0—
Other Deferred Compensation Arrangements Liability Current	$443K-5.5%	$469K+17.5%	$399K+54.7%	$258K-56.6%
Percentage of amortized cost	——	——	——	——
Preferred Stock, Par or Stated Value Per Share	$00.0%	$00.0%	$00.0%	$00.0%
Preferred Stock, Shares Authorized	$25M0.0%	$25M0.0%	$25M0.0%	$25M0.0%
Preferred Stock, Shares Issued	$0—	$0—	$0—	$0—
Preferred Stock, Shares Outstanding	$0—	$0—	$0—	$0—
Prepaid expenses	$10.42M+12.0%	$9.31M+5.7%	$8.81M-6.4%	$9.41M-28.8%
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value	$37.92-2.1%	$38.74-2.9%	$39.9-5.3%	$42.14+15.2%
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number	$1.75M-11.7%	$1.99M-0.7%	$2M+14.8%	$1.74M+77.5%
SARs liability	$2.8M+7.6%	$2.6M+5.0%	$2.48M+6.8%	$2.32M+3.7%
SARs frozen liability amount	$7.34M-22.9%	$9.52M-16.6%	$11.42M-13.1%	$13.14M-11.9%
Stock repurchase payable	$1.5M—	$0—	——	$565K—
Stock repurchase payable	$0—	$0—	——	$0—
Share Repurchase Program, Authorized, Amount	——	——	——	——
Share Repurchase Program, Remaining Authorized, Amount	——	——	——	——
Undistributed Earnings of Foreign Subsidiaries	——	——	——	——
Purchase Obligation	——	——	——	——
Remainder of Fiscal Year 2024	——	——	——	——
Remainder of Fiscal Year 2025	——	——	——	——

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What are Marcus & Millichap's total assets?: Marcus & Millichap (MMI) holds $755.0M in total assets, down 5.9% year over year.
How much debt does Marcus & Millichap have?: Marcus & Millichap carries $75.0M in total debt against $569.1M of shareholders' equity, a debt-to-equity ratio of 0.13.
How much cash does Marcus & Millichap have?: Marcus & Millichap holds $136.5M in cash and equivalents.
Can Marcus & Millichap cover its short-term obligations?: Its current ratio is 2.65 — current assets exceed current liabilities.
Where does Marcus & Millichap's balance sheet data come from?: Every line is extracted from Marcus & Millichap's SEC filings (10-K and 10-Q) and tagged in XBRL. Switch between quarterly, annual, and trailing-twelve-month views, or open any line for its full history and peer comparisons.