Marcus & Millichap, Inc.

Marcus & Millichap, Inc.

28.28
USD
+0.14
(+0.50%)
0.37EPS
83.51P/E
1.18BMarket Cap
Oct 30Next Earn

Total Valuation

USD

As of June 30, 2026, Marcus & Millichap, Inc. carries a market capitalization of 1.18B, placing it among publicly traded companies globally. Its enterprise value stands at 1.04B, reflecting the total theoretical takeover cost after accounting for cash holdings and debt obligations.

Market Cap1.18B
Enterprise Value1.04B

Important Dates

Marcus & Millichap, Inc.'s next confirmed earnings release is scheduled for October 30, 2026.

Earnings Date10/30/2026

Share Statistics

As of June 30, 2026, Marcus & Millichap, Inc. has 37.87M shares outstanding.

Shares Outstanding37.87M

Valuation Ratios

As of June 30, 2026, Marcus & Millichap, Inc. trades at a trailing price-to-earnings ratio of 83.51. The price-to-sales ratio is 1.48, and the price-to-book ratio stands at 2.04.

PE Ratio83.51
PS Ratio1.48
PB Ratio2.04
P/TBV Ratio2.19
P/FCF Ratio14.23
P/OCF Ratio12.88

Enterprise Valuation

As of June 30, 2026, Marcus & Millichap, Inc. trades at an EV/EBITDA multiple of 51.18 - the valuation measure that neutralizes differences in capital structure, tax rates, and depreciation policy, making it the standard yardstick for comparing companies across an industry. The EV/Sales ratio of 1.28 reflects the premium investors pay for the company's revenue stream, a useful check when earnings are depressed or negative. Its EV/EBIT multiple of 109.66 values the business against core operating earnings after depreciation, a stricter test than EV/EBITDA for capital-intensive businesses. Marcus & Millichap, Inc. trades at an EV/FCF ratio of 12.25, comparing the total takeover cost of the business to the cash it actually generates for all capital providers. These enterprise value multiples are built on an enterprise value of 1.04B versus a market cap of 1.18B, with the gap driven by net debt and cash on the balance sheet.

EV / Sales1.28
EV / EBITDA51.18
EV / EBIT109.66
EV / FCF12.25

Financial Position

As of June 30, 2026, Marcus & Millichap, Inc. maintains a current ratio of 2.92, meaning it holds 2.9x the short-term assets needed to cover near-term liabilities. The debt-to-equity ratio is 12.81, indicating elevated leverage, while an interest coverage ratio of 29.92 demonstrates strong ability to service its debt obligations.

Current Ratio2.92
Quick Ratio2.72
Debt / Equity12.81
Debt / EBITDA3.65
Interest Coverage29.92

Financial Efficiency

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Over the twelve months ended June 30, 2026, Marcus & Millichap, Inc. posted a return on equity (ROE) of 2.42, showing how much profit the company earns on every dollar of shareholder capital. Return on invested capital (ROIC) comes in at 0.82 - the clearest signal of whether the business earns more on its capital than that capital costs, and the core measure of a durable competitive advantage. Return on assets (ROA) stands at 1.84, measuring how efficiently the asset base is converted into earnings. Return on capital employed (ROCE) is 2.20, useful for judging operating efficiency across full business cycles. The company generates approximately 939,258.75 in revenue per employee across its workforce of 864.75, a quick read on workforce productivity versus industry peers.

Return on Equity (ROE)2.42
Return on Assets (ROA)1.84
Return on Invested Capital (ROIC)0.82
Return on Capital Employed (ROCE)2.20
Revenue Per Employee939,258.75
Employee Count864.75

Taxes

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Over the twelve months ended June 30, 2026, Marcus & Millichap, Inc. recorded 10.43M in income tax expense. That works out to an effective tax rate of 42.07, which can sit above or below the statutory corporate tax rate depending on foreign earnings mix, tax credits, and one-off items. Taxes are levied on pretax income of 24.79M, leaving 14.36M in net income after tax - the gap is what shifts in the tax rate do to reported earnings and EPS.

Income Tax10.43M
Effective Tax Rate42.07

Stock Price Statistics

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As of the close on October 22, 2026, Marcus & Millichap, Inc.'s stock has declined approximately 6.57% over the past 52 weeks. The 50-day moving average sits at 30.22, while the 200-day moving average is 28.71.

52-Week Price Change-6.57%
50-Day Moving Average30.22
200-Day Moving Average28.71

Income Statement

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Over the twelve months ended June 30, 2026, Marcus & Millichap, Inc. generated 812.22M in revenue and converted that into 14.36M in net income, yielding earnings per share of 0.37. EBITDA reached 20.32M, while operating income came in at 9.48M.

Revenue812.22M
Gross Profit306.40M
Operating Income9.48M
Pretax Income24.79M
Net Income14.36M
EBITDA20.32M
EBIT9.48M
Earnings Per Share (EPS)0.37

Balance Sheet

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As of June 30, 2026, Marcus & Millichap, Inc. holds 214.79M in cash and equivalents against 74.15M in total debt, resulting in a net debt position of -151.77M. Total book value stands at 578.91M, with working capital of 177.81M providing operational flexibility.

Cash & Cash Equivalents214.79M
Total Debt74.15M
Net Debt-151.77M
Equity (Book Value)578.91M
Book Value Per Share15.29
Working Capital177.81M

Cash Flow

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Marcus & Millichap, Inc. produced 93.09M in operating cash flow over the twelve months ended June 30, 2026. After subtracting -8.57M in capital expenditures, free cash flow totaled 84.52M - equivalent to 2.20 per share.

Operating Cash Flow93.09M
Capital Expenditures-8.57M
Free Cash Flow84.52M
FCF Per Share2.20

Margins

Over the twelve months ended June 30, 2026, Marcus & Millichap, Inc. posted a gross margin of 37.72, reflecting its pricing power and cost economics. The operating margin of 1.17 and net profit margin of 1.77 provide insight into operational efficiency.

Gross Margin37.72
Operating Margin1.17
Pretax Margin3.05
Profit Margin1.77
EBITDA Margin2.50

Dividends & Yields

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Over the twelve months ended June 30, 2026, Marcus & Millichap, Inc. paid dividends of 0.53 per share. The dividend payout ratio of 141.58 exceeds 100%, meaning the company is distributing more than it earns and funding the dividend from cash reserves, asset sales, or borrowing, a key gauge of how sustainable the dividend is and how much room remains for future dividend growth. Free cash flow yield stands at 7.03, showing how much cash the business generates relative to its market value - dividends covered by free cash flow are generally more durable than those funded by debt. Total shareholder yield reaches 5.93, combining dividends paid with share buybacks and debt reduction for a fuller picture of capital returned to Marcus & Millichap, Inc. shareholders.

Dividend Per Share0.53
Payout Ratio141.58
Shareholder Yield5.93
FCF Yield7.03

Scores

As of June 30, 2026, Marcus & Millichap, Inc. has an Altman Z-Score of 5.97, well above the 3.0 threshold that indicates strong financial health and minimal bankruptcy risk.

Altman Z-Score5.97