Marcus & Millichap (MMI) Operating Margin (2016 - 2025)
Marcus & Millichap's Operating Margin history spans 12 years, with the latest figure at 6.32% for Q4 2025.
- For Q4 2025, Operating Margin rose 353.0% year-over-year to 6.32%; the TTM value through Dec 2025 reached 1.82%, up 291.0%, while the annual FY2025 figure was 1.82%, 291.0% up from the prior year.
- Operating Margin for Q4 2025 was 6.32% at Marcus & Millichap, up from 1.22% in the prior quarter.
- Across five years, Operating Margin topped out at 14.33% in Q2 2022 and bottomed at 15.57% in Q1 2024.
- The 4-year median for Operating Margin is 5.17% (2025), against an average of 2.12%.
- The largest annual shift saw Operating Margin crashed -2423bps in 2023 before it skyrocketed 1314bps in 2024.
- A 4-year view of Operating Margin shows it stood at 2.23% in 2022, then plummeted by -564bps to 10.35% in 2023, then skyrocketed by 127bps to 2.79% in 2024, then skyrocketed by 126bps to 6.32% in 2025.
- Per Business Quant, the three most recent readings for MMI's Operating Margin are 6.32% (Q4 2025), 1.22% (Q3 2025), and 5.25% (Q2 2025).