What are Marcus & Millichap's profit margins?

Marcus & Millichap (MMI) runs a 38.1% gross margin and a -9.1% operating margin, with a -5.0% net margin.

Where do Marcus & Millichap's ratios come from?

Every ratio is computed from Marcus & Millichap's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.

Marcus & Millichap MMI Ratios & Valuation

Income Statement Balance Sheet Cash Flow Ratios Segments

Quarterly Annual TTM

YoY

Simplified Detailed

	FY'25	FY'24	FY'23	FY'22
Profitability
EBITDA margin	0.3%—	——	-7.1%-18.7pp	11.6%-3.9pp
Free cash flow margin	7.8%+5.8pp	2%—	——	——
Returns
Return on invested capital	-0.9%—	——	-10.6%-31.8pp	21.2%-14.9pp
Efficiency
Asset turnover	0.9×+0.1×	0.8×+0.1×	0.7×-0.6×	1.3×-0.2×
Liquidity
Current ratio	2.5×-0.5×	3.1×-0.7×	3.7×+0.3×	3.5×+0.8×
Quick ratio	2.5×-0.5×	3.1×-0.7×	3.7×+0.3×	3.5×+0.8×
Cash ratio	1.3×+0.2×	1.2×-0.5×	1.6×+0.1×	1.6×-0.1×
Leverage
Debt-to-equity	0.1×0.0×	0.1×0.0×	0.1×0.0×	0.1×0.0×
Debt-to-assets	0.1×0.0×	0.1×0.0×	0.1×0.0×	0.1×0.0×
Net debt / EBITDA	-35.3×—	——	——	-1×+0.5×
Interest coverage	-12.6×—	——	-66.9×-261×	194.1×-132×
Per Share
Book value per share	$15.49-5.0%	$16.31-2.3%	$16.69-6.0%	$17.76+2.5%
Valuation
Market capitalization	$1.14B-5.0%	$1.49B-11.5%	$1.68B+23.7%	$1.36B-33.6%
Enterprise value	$1.08B-4.9%	$1.42B-11.2%	$1.59B+32.7%	$1.2B-30.8%
Price / sales	1.5×-0.2×	2.1×-0.5×	2.6×+1.6×	1×-0.5×
Price / book	2×+0.1×	2.4×-0.2×	2.6×+0.7×	1.9×-1.0×
EV / EBITDA	77.7×—	——	——	8×-0.7×
EV / sales	1.4×-0.2×	2×-0.4×	2.5×+1.5×	0.9×-0.4×
Free cash flow yield	7.3%+6.2pp	0.9%—	——	——
Dividend yield	1.8%+0.1pp	1.4%+0.2pp	1.2%-3.3pp	4.5%—

Chart any of these lines over time, or line them up against competitors.

Compare these in charts →

Ask your AI about Marcus & Millichap.

Connect your AI assistant and get a quick read on the numbers, right in your chat.

Connect your AI

Claude

Questions, answered.

What are Marcus & Millichap's profit margins?: Marcus & Millichap (MMI) runs a 38.1% gross margin and a -9.1% operating margin, with a -5.0% net margin.
Where do Marcus & Millichap's ratios come from?: Every ratio is computed from Marcus & Millichap's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.