Marcus & Millichap (MMI) FCF Margin (2012 - 2026)
Marcus & Millichap's FCF Margin came in at 10.46% for Q2 2026, down 0.73 percentage points from 11.20% a year earlier but up 28.28 percentage points from the prior quarter.
Marcus & Millichap (MMI) FCF Margin (2012 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Marcus & Millichap reported FCF Margin of 10.41%, up 5.82 percentage points year-over-year; for FY2025, it was 7.78%, up 5.80 percentage points from FY2024.
- FCF Margin carries a five-year change of +3.44 percentage points (FY2020 to FY2025).
- Going back by year, FCF Margin was 1.99% in FY2024 (+14.65 pp), -12.66% in FY2023 (-12.81 pp), 0.15% in FY2022 (-19.06 pp) and 19.21% in FY2021 (+14.87 pp).
- The five-year range for quarterly FCF Margin is -67.23% (Q1 2023) to 31.04% (Q4 2021).
- Year-over-year, FCF Margin increased in six of the last eight quarters, with an average year-over-year change of +8.41 percentage points.
- The fastest year-over-year change in FCF Margin over five years came in Q1 2024 (a gain of 25.67 percentage points), and the weakest in Q1 2023 (a drop of 45.50 percentage points).
- Business Quant data shows MMI's FCF Margin at -17.81% (Q1 2026), 17.98% (Q4 2025) and 25.77% (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Cbre | 37.92 Bn | 31.69 Bn | 2.09 Bn | -0.30% |
| 2 | KE Holdings | 37.35 Bn | 18.06 Bn | 1.03 Bn | 26.85% |
| 3 | Jones Lang Lasalle | 14.31 Bn | 12.53 Bn | - | 6.32% |
| 4 | Compass | 6.79 Bn | 5.25 Bn | - | 4.18% |
| 5 | Colliers International | 4.60 Bn | 3.67 Bn | 635.11 Mn | 10.87% |
| 6 | Cushman & Wakefield | 2.75 Bn | 233.71 Mn | 512.00 Mn | 1.65% |
| 7 | Newmark | 1.99 Bn | 1.36 Bn | - | 38.46% |
| 8 | Marcus & Millichap | 1.10 Bn | 195.57 Mn | - | 10.46% |
| 9 | Agnt | 593.27 Mn | 122.95 Mn | 98.80 Mn | 2.51% |
| 10 | Rmr | 587.71 Mn | 512.17 Mn | - | 14.53% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 10.46% |
| Mar 31, 2026 | -17.81% |
| Dec 31, 2025 | 17.98% |
| Sep 30, 2025 | 25.77% |
| Jun 30, 2025 | 11.20% |
| Mar 31, 2025 | -37.46% |
| Dec 31, 2024 | 22.96% |
| Sep 30, 2024 | 7.82% |
| Jun 30, 2024 | -0.51% |
| Mar 31, 2024 | -41.56% |
| Dec 31, 2023 | 7.82% |
| Sep 30, 2023 | 3.36% |
| Jun 30, 2023 | 2.35% |
| Mar 31, 2023 | -67.23% |
| Dec 31, 2022 | 8.50% |
| Sep 30, 2022 | 11.28% |
| Jun 30, 2022 | 3.17% |
| Mar 31, 2022 | -21.73% |
| Dec 31, 2021 | 31.04% |
| Sep 30, 2021 | 19.45% |
Marcus & Millichap FCF Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=fcf-margin&ticker=MMI&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-margin", "ticker": "MMI", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=fcf-margin&ticker=MMI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();