Marcus & Millichap (MMI) Operating Leases (2019 - 2026)
Marcus & Millichap's Operating Leases was $56.65 million in Q2 2026, down 11.2% from $63.79 million a year earlier and down 0.1% from the prior quarter.
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Analysis
Marcus & Millichap (MMI) Operating Leases (2019 - 2026) Analysis & Trends
At the end of FY2025, Operating Leases at Marcus & Millichap came in at $59.46 million, down 9.5% from FY2024.
- Operating Leases shows a five-year compound annual growth rate of 0.0% (FY2020 to FY2025).
- In earlier years, Operating Leases was $65.7 million in FY2024 (-5.3%), $69.41 million in FY2023 (+6.6%), $65.11 million in FY2022 (+11.6%) and $58.33 million in FY2021 (-1.8%).
- The Q2 2026 figure marks the lowest quarterly Operating Leases since Q1 2022.
- Compared with a year earlier, Operating Leases has declined for ten straight quarters, with an average decline of 10.2% over the last eight quarters.
- The best year-over-year quarter for Operating Leases over five years was Q1 2023 (growth of 47.0%); the worst was Q1 2026 (a decline of 13.0%).
- Per Business Quant data, MMI's Operating Leases in the three quarters before Q2 2026 was $56.71 million (Q1 2026), $59.46 million (Q4 2025) and $59.28 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | KE Holdings | 37.89 Bn | 18.60 Bn | 1.03 Bn |
| 2 | Cbre | 37.24 Bn | 31.01 Bn | 2.09 Bn |
| 3 | Jones Lang Lasalle | 14.06 Bn | 12.27 Bn | - |
| 4 | Compass | 6.70 Bn | 5.16 Bn | - |
| 5 | Colliers International | 4.59 Bn | 3.66 Bn | 635.11 Mn |
| 6 | Cushman & Wakefield | 2.77 Bn | 247.78 Mn | 512.00 Mn |
| 7 | Newmark | 1.95 Bn | 1.33 Bn | - |
| 8 | Marcus & Millichap | 1.08 Bn | 173.61 Mn | - |
| 9 | Agnt | 613.32 Mn | 143.01 Mn | 98.80 Mn |
| 10 | Rmr | 580.01 Mn | 504.47 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 56.65 Mn |
| Mar 31, 2026 | 56.71 Mn |
| Dec 31, 2025 | 59.46 Mn |
| Sep 30, 2025 | 59.28 Mn |
| Jun 30, 2025 | 63.79 Mn |
| Mar 31, 2025 | 65.15 Mn |
| Dec 31, 2024 | 65.70 Mn |
| Sep 30, 2024 | 66.69 Mn |
| Jun 30, 2024 | 70.59 Mn |
| Mar 31, 2024 | 73.94 Mn |
| Dec 31, 2023 | 69.41 Mn |
| Sep 30, 2023 | 73.92 Mn |
| Jun 30, 2023 | 78.71 Mn |
| Mar 31, 2023 | 82.77 Mn |
| Dec 31, 2022 | 65.11 Mn |
| Sep 30, 2022 | 62.84 Mn |
| Jun 30, 2022 | 63.37 Mn |
| Mar 31, 2022 | 56.31 Mn |
| Dec 31, 2021 | 58.33 Mn |
| Sep 30, 2021 | 60.97 Mn |
API Access
Marcus & Millichap Operating Leases 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=operating-leases&ticker=MMI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-leases", "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=operating-leases&ticker=MMI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();