Marcus & Millichap (MMI) Gross Margin (2012 - 2019)
Marcus & Millichap (MMI) posted Gross Margin of 39.0% for Q2 2019, down 9.19% sequentially from 42.95% in Q1 2019, and down 88.0% YoY from 325.02% in Q2 2018.
Marcus & Millichap (MMI) Gross Margin (2012 - 2019) Analysis & Trends
Marcus & Millichap has reported Gross Margin for 8 years, with the latest figure at 39.0% in Q2 2019.
- Quarterly Gross Margin fell 88.0% year-over-year to 39.0% in Q2 2019, while the trailing twelve-month figure through Jun 2019 was 38.25% (down 17.0% YoY) and the FY2018 annual result came in at 38.28%, up 33.0% from the prior year.
- Gross Margin declined to 39.0% in Q2 2019 per MMI's latest filing, from 42.95% in the prior quarter.
- Over five years, Gross Margin peaked at 42.95% in Q1 2019 and troughed at 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.
- The sharpest annual moves came in 2015 and 2019: Gross Margin tumbled 156 bps in 2015, then surged 118 bps in 2019.
- Over 5 years, Gross Margin stood at 36.18% in 2015, then decreased by 1 bps to 35.7% in 2016, then fell by 2 bps to 35.04% in 2017, then gained by 1 bps to 35.53% in 2018, then gained by 10 bps to 39.0% in 2019.
- According to Business Quant data, Gross Margin over the past three periods registered 39.0%, 42.95%, and 35.53% for Q2 2019, Q1 2019, and Q4 2018 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Cbre | 44.31 Bn | 42.82 Bn | 2.09 Bn | 18.58% |
| 2 | KE Holdings | 19.63 Bn | 16.75 Bn | 661.06 Mn | 24.14% |
| 3 | Jones Lang Lasalle | 17.89 Bn | 17.43 Bn | - | - |
| 4 | Costar | 13.05 Bn | 11.78 Bn | 728.00 Mn | 78.70% |
| 5 | Compass | 8.93 Bn | 8.23 Bn | 3.88 Bn | 90.04% |
| 6 | FirstService | 6.59 Bn | 6.36 Bn | 480.66 Mn | 33.17% |
| 7 | Colliers International | 5.48 Bn | 5.43 Bn | 635,105.00 Bn | 40.39% |
| 8 | Cushman & Wakefield | 3.48 Bn | 2.98 Bn | 512.00 Mn | 18.53% |
| 9 | Opendoor Technologies | 3.42 Bn | 2.52 Bn | 86.00 Mn | 9.74% |
| 10 | Marcus & Millichap | 1.22 Bn | 1.01 Bn | - | - |
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% |