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Marcus & Millichap MMI Ratios & Valuation

FY'25FY'24FY'23FY'22
Returns
Return on invested capital-0.9%-10.6%-31.8pp21.2%-14.9pp
Efficiency
Asset turnover0.9×+0.1×0.8×+0.1×0.7×-0.6×1.3×-0.2×
Liquidity
Current ratio2.5×-0.5×3.1×-0.7×3.7×+0.3×3.5×+0.8×
Leverage
Debt-to-equity0.1×0.0×0.1×0.0×0.1×0.0×0.1×0.0×
Net debt / EBITDA-35.3×-1×+0.5×
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$1.12B-6.3%$1.49B-11.5%$1.68B+23.7%$1.36B-33.6%
Price / sales1.4×-0.2×2.1×-0.5×2.6×+1.6×-0.5×
Price / book0.0×2.4×-0.2×2.6×+0.7×1.9×-1.0×
EV / EBITDA76.6×-0.7×
Dividend yield1.8%+0.1pp1.4%+0.2pp1.2%-3.3pp4.5%

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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.