MARCUS & MILLICHAP (MMI)

Price$27.95

Favorite Metrics

Price vs S&P 500 (26W)-7.73%

Price vs S&P 500 (4W)-0.83%

Market Capitalization$1.06B

Indicated Dividend Yield (Annual)1.80%

All Metrics

P/CF (Annual)15.88x

Book Value / Share (Quarterly)$15.70

P/TBV (Annual)1.77x

Indicated Dividend (Annual)$0.50

Revenue Growth (3Y)-16.60%

Cash Flow / Share (Quarterly)$1.53

Payout Ratio (TTM)73.61%

Price vs S&P 500 (YTD)-2.53%

Gross Margin (TTM)37.70%

Net Profit Margin (TTM)-0.25%

EPS (TTM)$-0.05

10-Day Avg Trading Volume0.16M

EPS Excl Extra (TTM)$-0.05

Revenue Growth (5Y)1.05%

EPS (Annual)$-0.05

Dividend / Share (Annual)$0.53

ROI (Annual)-0.32%

Gross Margin (Annual)37.70%

Net Profit Margin (5Y Avg)2.34%

Cash / Share (Quarterly)$6.42

Revenue Growth QoQ (YoY)1.61%

ROA (Last FY)-0.23%

Revenue Growth TTM (YoY)8.49%

EBITD / Share (TTM)$0.14

ROE (5Y Avg)5.50%

Operating Margin (TTM)-1.82%

Cash Flow / Share (Annual)$1.53

P/B Ratio1.75x

P/B Ratio (Quarterly)1.76x

Net Income / Employee (Annual)$-0

EV / Revenue (TTM)1.19x

Net Interest Coverage (TTM)-15.04x

ROA (TTM)-0.24%

EPS Growth QoQ (YoY)55.68%

EV / EBITDA (TTM)160.99x

EPS Incl Extra (Annual)$-0.05

Current Ratio (Annual)2.55x

Quick Ratio (Quarterly)2.46x

3-Month Avg Trading Volume0.32M

52-Week Price Return-9.94%

EV / Free Cash Flow (Annual)15.25x

Revenue / Employee (TTM)$1

Tangible BV / Share (Quarterly)$15.60

P/S Ratio (Annual)1.40x

Asset Turnover (Annual)0.91x

52-Week High$33.62

Operating Margin (5Y Avg)1.89%

EPS Excl Extra (Annual)$-0.05

CapEx CAGR (5Y)2.67%

Tangible BV CAGR (5Y)2.56%

26-Week Price Return1.02%

Quick Ratio (Annual)2.46x

13-Week Price Return5.40%

Total Debt / Equity (Annual)0.00x

Current Ratio (Quarterly)2.55x

Enterprise Value$896.397

Revenue / Share Growth (5Y)1.44%

Asset Turnover (TTM)0.93x

Book Value / Share Growth (5Y)2.49%

Revenue / Employee (Annual)$1

Pretax Margin (Annual)0.40%

Cash / Share (Annual)$6.42

3-Month Return Std Dev29.56%

Gross Margin (5Y Avg)36.51%

Net Income / Employee (TTM)$-0

EBITDA CAGR (5Y)-53.38%

EBITDA Interim CAGR (5Y)-10.78%

ROE (Last FY)-0.32%

Net Interest Coverage (Annual)-14.27x

EPS Basic Excl Extra (Annual)$-0.05

P/FCF (TTM)9.36x

Receivables Turnover (TTM)109.78x

EV / Free Cash Flow (TTM)15.25x

Total Debt / Equity (Quarterly)0.00x

EPS Incl Extra (TTM)$-0.05

Receivables Turnover (Annual)75.76x

ROI (TTM)-0.31%

P/S Ratio (TTM)1.40x

Pretax Margin (5Y Avg)3.62%

Revenue / Share (Annual)$19.39

Tangible BV / Share (Annual)$15.60

Forward P/E57.04x

Free OCF CAGR (5Y)13.51%

Price vs S&P 500 (52W)-45.03%

Year-to-Date Return1.61%

5-Day Price Return3.39%

EPS Normalized (Annual)$-0.05

ROA (5Y Avg)3.70%

Net Profit Margin (Annual)-0.25%

Month-to-Date Return4.29%

Cash Flow / Share (TTM)$-0.06

EBITD / Share (Annual)$0.04

Operating Margin (Annual)-1.82%

LT Debt / Equity (Annual)0.00x

P/CF (TTM)15.88x

ROI (5Y Avg)5.50%

LT Debt / Equity (Quarterly)0.00x

EPS Basic Excl Extra (TTM)$-0.05

P/TBV (Quarterly)1.77x

Payout Ratio (Annual)60.04%

P/B Ratio (Annual)1.76x

Dividend / Share (TTM)$0.53

Pretax Margin (TTM)0.40%

Book Value / Share (Annual)$15.70

Price vs S&P 500 (13W)2.53%

Dividend Yield (TTM)1.94%

Beta1.30x

P/FCF (Annual)18.00x

Revenue / Share (TTM)$19.45

ROE (TTM)-0.31%

52-Week Low$24.43

Analyst Recommendations

Jan 2026

Feb 2026

Mar 2026

Apr 2026

2.22

Industry Peers — Real Estate Agents & Managers(12)

Symbol	Indicated Dividend Yield (Annual)	P/FCF (TTM)	Total Debt / Equity (Quarterly)	Payout Ratio (TTM)	Price
MMIMARCUS & MILLICHAP	1.80%	9.36x	0.00x	73.61%	$27.95
BEKEKE Holdings Inc. American Depositary Shares (each representing three Class A Ordinary Shares)	1.71%	18.74x	0.02x	—	$16.44
JLLJones Lang LaSalle, Inc.	—	9.24x	0.22x	—	$353.47
CIGIColliers International Group Inc. Subordinate Voting Shares	0.27%	17.05x	1.15x	18.04%	$117.75
OPENOpendoor Technologies Inc Common Stock	—	3.84x	1.31x	—	$5.35
VACMARRIOTT VACATIONS WORLDWIDE CORPORATION	4.27%	18.97x	2.85x	62.29%	$77.25
EXPIeXp World Holdings, Inc. Common Stock	2.98%	9.86x	0.00x	220.33%	$6.71
REAXREAL BROKERAGE INC	—	8.75x	0.00x	—	$2.72
RMAXRE/MAX HOLDINGS, INC.	10.10%	6.17x	0.97x	1.72%	$6.79
DOUGDouglas Elliman Inc.	—	34.61x	0.00x	—	$1.94
OPADOfferpad Solutions Inc.	—	0.44x	2.43x	—	$0.86

About

Marcus & Millichap is a national commercial real estate brokerage providing investment sales, financing services, and advisory consulting to institutional and individual investors. The company generates revenue through commissions on property transactions and fees from loan placements on commercial properties. Operating solely in the commercial real estate services sector, it serves clients seeking to buy, sell, or finance commercial properties.