NEWMARK GROUP, INC. NMRK

Real estate SIC 6531 - Real Estate Agents & Managers (For Others) NAICS Real Estate and Rental and Leasing › Real Estate derived Nasdaq

Throughout this document Newmark Group, Inc., and where applicable, its consolidated subsidiaries, is referred to as "Newmark," "Company," "we," "us," or "our."

Newmark is a leading commercial real estate advisor and service provider to large institutional investors, global corporations, and other owners and occupiers. We offer a diverse array of integrated services and products designed to meet the full needs of our clients.

•Capital Markets, consisting of investment sales (including the placement and raising of equity) and commercial mortgage origination (which includes GSEs and FHA lending, as well as the placement of debt, loan sales, and structured finance on behalf of third parties);

•GSEs and FHA multifamily loan servicing, as well as limited loan servicing, special loan servicing, and asset management;

Last close 11.52 2026-10-23
Market cap $2.06B estimated share count
52-week range 11.26 - 19.34

Valuation FY2025 figures against the last close

P/S0.7x
P/E16.9x
P/FCF14.4x
EV/EBITDA8.9x
Dividend yield—
Diluted EPS0.68

Annual financial statements

Income statement

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Revenue $2.77B$2.27B$2.07B$2.30B$2.50B$1.44B$1.84B$1.70B$1.60B$1.35B
SG&A $658.9M$597.6M$536.7M$534.8M$553.6M$294.4M$361.9M$331.8M$219.2M$185.3M
Total operating expenses $3.10B$2.58B$2.36B$2.42B$2.88B$1.74B$2.05B$1.84B$1.47B$1.20B
Operating income $234.0M$163.0M$125.2M$185.6M$1.25B$184.0M$246.2M$332.6M$199.8M$167.4M
Interest expense ——$21.7M$31.0M$33.5M$37.7M$32.1M$50.2M$2.8M$3.8M
Pre-tax income $201.5M$131.3M$103.5M$154.6M$1.22B$146.3M$214.1M$282.4M$202.6M$171.2M
Income tax $46.1M$45.8M$41.1M$42.1M$243.0M$37.0M$52.4M$90.5M$57.5M$4.0M
Net income $126.2M$85.5M$62.4M$112.5M$978.1M$109.3M$117.3M$106.7M$144.5M$168.4M
EPS, basic 0.710.360.250.463.910.390.590.651.08—
EPS, diluted 0.680.340.240.453.800.390.580.640.85—
Shares, diluted (wtd. avg.) 253.4M177.7M176.4M245.2M195.8M179.7M185.0M163.8M138.4M—

Balance sheet

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Cash and equivalents $229.1M$197.7M$258.7M$313.0M$266.5M$258.4M$221.9M$187.4M$173.4M$117.6M
Short-term investments ——$99.0K$788.0K$524.6M$33.3M$36.8M$48.9M$57.6M—
Total current assets $2.01B$1.77B$1.51B$1.08B$2.52B$1.82B$1.07B$1.76B$825.1M—
Property, plant and equipment $156.5M$166.7M$178.0M$155.6M$135.8M$96.4M$98.0M$78.8M$64.8M—
Goodwill $802.0M$770.9M$776.5M$705.9M$657.1M$560.3M$557.9M$515.3M$477.5M$412.8M
Other intangibles $76.3M$64.5M$83.6M$81.0M$76.2M$44.3M$45.2M$35.8M$24.9M—
Total assets $5.02B$4.71B$4.47B$3.94B$5.22B$3.98B$3.20B$3.45B$2.27B—
Short-term debt ——$0$547.8M$0—————
Total current liabilities $1.91B$1.78B$1.49B$1.58B$2.19B$1.71B$1.05B$1.66B$782.6M—
Long-term debt $671.7M$670.7M$547.3M$0$545.2M$680.4M$589.3M$537.9M$670.7M—
Total liabilities $3.27B$3.17B$2.88B$2.40B$3.53B$3.04B$2.24B$2.37B$2.03B—
Retained earnings $1.31B$1.21B$1.17B$1.15B$1.08B$342.8M$313.1M$278.0M$199.5M—
Total equity $1.46B$1.21B$1.58B$1.52B$1.66B$921.1M$940.6M$1.06B$222.3M$983.8M

Cash flow

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Operating cash flow $172.0M-$9.9M-$266.0M$1.20B-$48.7M-$777.7M$986.8M-$332.4M$853.6M-$644.2M
Depreciation and amortisation $46.4M$39.8M$39.2M$42.4M$22.0M$22.9M$22.7M$13.7M$12.2M$9.9M
Capital expenditure $29.4M$31.5M$55.4M$62.2M$19.7M$19.6M$34.5M$21.0M$19.1M$27.3M
Investing cash flow -$198.1M-$33.4M-$49.7M$308.6M$453.1M-$3.6M-$56.8M$7.7M$379.0K-$34.4M
Financing cash flow -$44.8M$89.5M$261.5M-$1.46B-$396.3M$817.8M-$895.5M$338.7M-$798.2M$636.0M
Dividends paid ——————$0$0$101.7M—
Buybacks $127.1M$212.6M$37.4M$294.8M$290.5M$6.4M$37.4M$486.0K$0—

Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001628280-26-013160.

Plot the figures US dollars

  • Revenue
  • Gross profit
  • Net income
Revenue, Gross profit, Net income by fiscal year, in US dollars The same figures are in the table below this chart. 0 1B 2B 3B Revenue, FY2016: 1.3B Net income, FY2016: 168.4M Revenue, FY2017: 1.6B Net income, FY2017: 144.5M Revenue, FY2018: 1.7B Net income, FY2018: 106.7M Revenue, FY2019: 1.8B Net income, FY2019: 117.3M Revenue, FY2020: 1.4B Net income, FY2020: 109.3M Revenue, FY2021: 2.5B Net income, FY2021: 978.1M Revenue, FY2022: 2.3B Net income, FY2022: 112.5M Revenue, FY2023: 2.1B Net income, FY2023: 62.4M Revenue, FY2024: 2.3B Net income, FY2024: 85.5M Revenue, FY2025: 2.8B Net income, FY2025: 126.2M FY2016 FY2017 FY2018 FY2019 FY2020 FY2021 FY2022 FY2023 FY2024 FY2025
Fiscal year FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue $1.35B $1.60B $1.70B $1.84B $1.44B $2.50B $2.30B $2.07B $2.27B $2.77B
Gross profit — — — — — — — — — —
Net income $168.4M $144.5M $106.7M $117.3M $109.3M $978.1M $112.5M $62.4M $85.5M $126.2M

Recent filings and events

  • Officer or director change Someone at the top arrived or left. The item covers everything from a board retirement to a chief executive being removed, and only the filing itself says which. Item 5.02
  • Results announced The quarterly or annual earnings release. Arrives four times a year from almost every company here. Item 2.02
  • Regulation FD disclosure Something the company told the market and had to tell everyone at once - usually a slide deck or a press release. Item 7.01
  • Other event The catch-all. The company chose to disclose something that fits no other item, so the content is whatever it says it is. Item 8.01
  • Results announced Item 2.02
  • Material agreement signed The company entered an agreement outside the ordinary course of business - a large contract, a credit facility, a merger agreement. Item 1.01
  • New debt or obligation The company has taken on debt or a comparable obligation. Item 2.03
  • Other event Item 8.01
  • Annual report filed A new 10-K. The figures and the business description on this site come from it. Form 10-K
  • Results announced Item 2.02
  • Shareholder vote The results of the annual meeting or a special vote. Item 5.07
  • Results announced Item 2.02

Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.

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