Marcus & Millichap (MMI) Tax Rate (2012 - 2026)
Marcus & Millichap (MMI) posted Tax Rate of 37.61% for Q2 2026, up 232.11 percentage points from -194.50% a year earlier and up 80.73 percentage points from the prior quarter.
Powered by 
Analysis
Marcus & Millichap (MMI) Tax Rate (2012 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Tax Rate at Marcus & Millichap was 42.16%, up 40.04 percentage points year-over-year; for FY2025, it came in at 163.21%, up 158.10 percentage points from FY2024.
- Annual Tax Rate shows a five-year change of +135.37 percentage points (FY2020 to FY2025).
- In prior years, Marcus & Millichap's Tax Rate was 5.11% in FY2024 (-10.64 pp), 15.76% in FY2023 (-10.86 pp), 26.62% in FY2022 (+0.32 pp) and 26.30% in FY2021 (-1.54 pp).
- Quarterly Tax Rate has run from a low of -194.50% in Q2 2025 to a high of 83.67% in Q3 2025 over five years.
- On a year-over-year basis, Tax Rate increased in five of the last eight quarters, with an average year-over-year change of +13.45 percentage points.
- The strongest year-over-year quarter for Tax Rate in the past five years was Q2 2026, with a gain of 232.11 percentage points; the weakest was Q2 2025, with a drop of 133.42 percentage points.
- According to Business Quant data, Tax Rate for the three prior quarters was -43.12% (Q1 2026), 30.85% (Q4 2025) and 83.67% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | KE Holdings | 40.70 Bn | 13.61 Bn | 1.03 Bn | - |
| 2 | Cbre | 38.87 Bn | 32.63 Bn | 2.13 Bn | 21.44% |
| 3 | Jones Lang Lasalle | 17.10 Bn | 15.24 Bn | - | 19.28% |
| 4 | Compass | 7.63 Bn | 5.42 Bn | - | - |
| 5 | Colliers International | 4.71 Bn | 3.76 Bn | 637.29 Mn | 41.28% |
| 6 | Cushman & Wakefield | 3.26 Bn | 888.95 Mn | 486.30 Mn | 37.75% |
| 7 | Newmark | 1.79 Bn | 649.67 Mn | 596.85 Mn | 23.35% |
| 8 | Marcus & Millichap | 934.37 Mn | 31.72 Mn | 74.92 Mn | 61.19% |
| 9 | Rmr | 505.91 Mn | 430.36 Mn | - | 20.45% |
| 10 | Agnt | 476.02 Mn | 7.06 Mn | 90.97 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 61.19% |
| Jun 30, 2026 | 37.61% |
| Dec 31, 2025 | 30.85% |
| Sep 30, 2025 | 83.67% |
| Dec 31, 2024 | 25.64% |
| Dec 31, 2022 | 21.39% |
| Sep 30, 2022 | 31.75% |
| Jun 30, 2022 | 24.87% |
| Mar 31, 2022 | 26.40% |
| Dec 31, 2021 | 25.77% |
| Sep 30, 2021 | 26.00% |
| Jun 30, 2021 | 26.38% |
| Mar 31, 2021 | 28.85% |
| Dec 31, 2020 | 26.81% |
| Sep 30, 2020 | 24.08% |
| Jun 30, 2020 | 28.38% |
| Mar 31, 2020 | 31.16% |
| Dec 31, 2019 | 31.26% |
| Sep 30, 2019 | 26.69% |
| Jun 30, 2019 | 28.49% |
API Access
Marcus & Millichap Tax Rate 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=tax-rate&ticker=MMI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "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=tax-rate&ticker=MMI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();