Marcus & Millichap (MMI) Gross Margin (2012 - 2019)
Marcus & Millichap (MMI) reported Gross Margin of 39.0% for Q2 2019, down 88.0% on a YoY basis from 325.02% in Q2 2018, and down 9.19% sequentially from 42.95% in Q1 2019.
Marcus & Millichap (MMI) Gross Margin (2012 - 2019) Analysis & Trends
Marcus & Millichap (MMI) has 8 years of Gross Margin data on file, last reported at 39.0% in Q2 2019.
- For the quarter ending Q2 2019, Gross Margin fell 88.0% year-over-year to 39.0%; the trailing twelve-month figure through Jun 2019 stood at 38.25% (down 17.0% YoY), and the FY2018 full-year result was 38.28%, up 33.0% from the prior year.
- Gross Margin declined to 39.0% in Q2 2019, from 42.95% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 42.95% in Q1 2019 to a low of 35.04% in Q4 2017.
- A 5-year average of 38.68% and a median of 38.65% in 2017 frame the typical range for Gross Margin.
- Across the five-year window, Gross Margin sank 156 bps in 2015 and soared 118 bps in 2019, its largest moves.
- Tracing MMI's Gross Margin over 5 years: stood at 36.18% in 2015, then declined by 1 bps to 35.7% in 2016, then slipped by 2 bps to 35.04% in 2017, then grew by 1 bps to 35.53% in 2018, then grew by 10 bps to 39.0% in 2019.
- Business Quant data shows MMI's Gross Margin at 39.0% in Q2 2019, 42.95% in Q1 2019, and 35.53% in Q4 2018.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Colliers International | 4,798.15 Bn | 4,797.86 Bn | - | - |
| 2 | IHS Holding | 60.96 Bn | 61.13 Bn | 231.80 | 55.80% |
| 3 | KE Holdings | 53.48 Bn | 50.59 Bn | 661.06 Mn | 24.14% |
| 4 | Cbre | 39.71 Bn | 39.92 Bn | 1.85 Bn | 17.59% |
| 5 | Jones Lang Lasalle | 14.96 Bn | 14.65 Bn | - | - |
| 6 | Costar | 11.08 Bn | 9.80 Bn | 701.00 Mn | 78.15% |
| 7 | Compass | 7.92 Bn | 7.44 Bn | 2.31 Bn | 85.28% |
| 8 | FirstService | 6.01 Bn | 6.28 Bn | 480.66 Mn | 33.17% |
| 9 | Opendoor Technologies | 3.69 Bn | 2.69 Bn | 72.00 Mn | 10.00% |
| 10 | Marcus & Millichap | 1.14 Bn | 949.56 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2019 | 39.00% |
| Mar 31, 2019 | 42.95% |
| Dec 31, 2018 | 35.53% |
| Sep 30, 2018 | 36.89% |
| Jun 30, 2018 | 39.89% |
| Mar 31, 2018 | 41.76% |
| Dec 31, 2017 | 35.04% |
| Sep 30, 2017 | 37.38% |
| Jun 30, 2017 | 38.81% |
| Mar 31, 2017 | 41.49% |
| Dec 31, 2016 | 35.70% |
| Sep 30, 2016 | 36.97% |
| Jun 30, 2016 | 38.31% |
| Mar 31, 2016 | 41.47% |
| Dec 31, 2015 | 36.18% |
| Sep 30, 2015 | 38.50% |
| Jun 30, 2015 | 39.15% |
| Mar 31, 2015 | 41.21% |
| Dec 31, 2014 | 36.31% |
| Sep 30, 2014 | 38.85% |