Marcus & Millichap (MMI) Net Margin (2012 - 2026)
Marcus & Millichap's Net Margin was 1.93% in Q2 2026, up 8.33 percentage points from -6.41% a year earlier and up 3.73 percentage points from the prior quarter.
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Analysis
Marcus & Millichap (MMI) Net Margin (2012 - 2026) Analysis & Trends
On a trailing twelve-month basis, Marcus & Millichap's Net Margin was 1.77% through Jun 30, 2026, up 3.46 percentage points year-over-year; for FY2025, it was -0.25%, up 1.52 percentage points from FY2024.
- Net Margin shows a five-year change of -6.23 percentage points (FY2020 to FY2025).
- In earlier years, Net Margin was -1.78% in FY2024 (+3.49 pp), -5.27% in FY2023 (-13.28 pp), 8.01% in FY2022 (-2.98 pp) and 10.99% in FY2021 (+5.01 pp).
- Quarterly Net Margin has moved between -7.74% (Q1 2024) and 12.52% (Q4 2021) over five years.
- Compared with a year earlier, Net Margin has increased for four straight quarters, with an average year-over-year change of +3.60 percentage points over the last eight quarters.
- The best year-over-year quarter for Net Margin over five years was Q4 2024 (a gain of 9.72 percentage points); the worst was Q2 2023 (a drop of 16.01 percentage points).
- Per Business Quant data, MMI's Net Margin in the three quarters before Q2 2026 was -1.81% (Q1 2026), 5.46% (Q4 2025) and 0.12% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Cbre | 39.37 Bn | 32.67 Bn | 2.13 Bn | 3.85% |
| 2 | KE Holdings | 20.10 Bn | -9.36 Bn | - | - |
| 3 | Jones Lang Lasalle | 17.12 Bn | 15.11 Bn | - | 4.39% |
| 4 | Compass | 7.90 Bn | 6.35 Bn | - | 2.14% |
| 5 | Colliers International | 4.78 Bn | 3.93 Bn | - | - |
| 6 | Cushman & Wakefield | 3.30 Bn | 929.10 Mn | 486.30 Mn | 1.86% |
| 7 | Newmark | 2.11 Bn | 1.18 Bn | - | 3.05% |
| 8 | Marcus & Millichap | 987.28 Mn | 84.22 Mn | - | 1.93% |
| 9 | Agnt | 526.15 Mn | 57.18 Mn | 90.97 Mn | -0.31% |
| 10 | Rmr | 257.24 Mn | 7.32 Mn | - | 2.08% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.93% |
| Mar 31, 2026 | -1.81% |
| Dec 31, 2025 | 5.46% |
| Sep 30, 2025 | 0.12% |
| Jun 30, 2025 | -6.41% |
| Mar 31, 2025 | -3.05% |
| Dec 31, 2024 | 3.56% |
| Sep 30, 2024 | -3.20% |
| Jun 30, 2024 | -3.50% |
| Mar 31, 2024 | -7.74% |
| Dec 31, 2023 | -6.16% |
| Sep 30, 2023 | -5.70% |
| Jun 30, 2023 | -5.36% |
| Mar 31, 2023 | -3.77% |
| Dec 31, 2022 | 3.01% |
| Sep 30, 2022 | 6.60% |
| Jun 30, 2022 | 10.65% |
| Mar 31, 2022 | 10.26% |
| Dec 31, 2021 | 12.52% |
| Sep 30, 2021 | 10.21% |
API Access
Marcus & Millichap Net 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=net-margin&ticker=MMI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-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=net-margin&ticker=MMI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();