The Tip Desk

Marcus & Millichap, Inc.

Company Stats

Market Cap
$1.1B
as of Sep 30, 2026
Shares Outstanding
37.9M
Free Float
18.7%

Income Statement

Revenue
$755.2M
Operating Income
-$13.7M
Net Income
-$1.9M
EBITDA
-$3.7M
Revenue Growth, 3Y
-16.6%
FCF Margin, 3Y Avg
-1.0%
FCF Margin, Worst Year
-12.7%

Cash Flow

Free Cash Flow
$58.8M
FCF Yield
5.5%
Owner FCF Yield
3.2%

Returns & Capital

Dividends Paid
$20.6M
Dividend Yield
1.9%
Share Repurchases
$25.4M
Buyback Yield, 3Y Avg
2.0%
SBC, 3Y Avg
$24.1M

Cash Flow by Year

YearRevenueFCFMargin
FY2025$755.2M$58.8M7.8%
FY2024$696.1M$13.8M2.0%
FY2023$645.9M-$81.8M-12.7%
FY2022$1.3B$2.0M0.2%
FY2021$1.3B$249.0M19.2%

Annual filing data through FY ended December 31, 2025; shares and float as of October 12, 2026. Yields and enterprise value use the calculated market cap above, at its as-of date. Ratios are our calculations from reported figures.

Earnings

Other Coverage