Newmark Group (NMRK) Financials

$10.97 +0.14 (+1.29%)

As of 10:44 AM Eastern

Annual Income Statements for Newmark Group

This table shows Newmark Group's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022
Period end date	12/31/2024	12/31/2023	12/31/2022
Net Income / (Loss) Attributable to Common Shareholders	61	43	83
Consolidated Net Income / (Loss)	85	62	113
Net Income / (Loss) Continuing Operations	271	202	251
Total Pre-Tax Income	131	103	155
Total Operating Income	163	125	186
Total Gross Profit	1,140	981	1,151
Total Revenue	2,739	2,470	2,706
Total Cost of Revenue	1,598	1,489	1,555
Operating Cost of Revenue	1,598	1,489	1,555
Total Operating Expenses	792	716	827
Selling, General & Admin Expense	624	564	563
Depreciation Expense	174	166	166
Other Special Charges / (Income)	-6.68	-14	98
Total Other Income / (Expense), net	-32	-22	-31
Interest & Investment Income	-32	-22	-31
Income Tax Expense	46	41	42
Net Income / (Loss) Attributable to Noncontrolling Interest	24	20	29
Other Adjustments to Net Income / (Loss) Attributable to Common Shareholders)	185	140	138
Basic Earnings per Share	$0.36	$0.25	$0.46
Weighted Average Basic Shares Outstanding	172.18M	173.48M	180.34M
Diluted Earnings per Share	$0.34	$0.24	$0.45
Weighted Average Diluted Shares Outstanding	177.69M	176.38M	245.18M
Weighted Average Basic & Diluted Shares Outstanding	180.46M	172.67M	173.72M
Cash Dividends to Common per Share	$0.12	$0.12	$0.10

This table shows Newmark Group's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Net Income / (Loss) Attributable to Common Shareholders	45	18	14	-16	37	9.95	6.43	-10	6.43	28
Consolidated Net Income / (Loss)	64	24	23	-26	53	14	11	-16	12	38
Net Income / (Loss) Continuing Operations	124	73	49	25	108	44	31	19	106	82
Total Pre-Tax Income	95	33	32	-30	82	23	18	-19	18	51
Total Operating Income	104	41	41	-23	79	30	28	-12	25	58
Total Gross Profit	372	294	256	218	305	245	239	192	251	276
Total Revenue	873	686	633	546	747	616	586	521	607	665
Total Cost of Revenue	500	392	378	328	443	371	347	328	357	389
Operating Cost of Revenue	500	392	378	328	443	371	347	328	357	389
Total Operating Expenses	209	204	190	189	170	185	192	169	131	173
Selling, General & Admin Expense	165	160	154	145	136	147	154	127	153	129
Depreciation Expense	45	45	41	44	44	41	42	39	47	44
Other Special Charges / (Income)	-0.73	-0.32	-5.64	0.01	-9.74	-3.20	-3.93	3.01	-	-
Total Other Income / (Expense), net	-8.43	-7.86	-8.26	-7.22	2.99	-7.54	-9.60	-7.59	-6.77	-7.41
Income Tax Expense	31	8.85	9.05	-3.52	29	8.36	6.72	-3.06	6.33	13
Net Income / (Loss) Attributable to Noncontrolling Interest	19	6.55	9.14	-10	17	4.21	4.80	-6.00	5.70	9.95
Other Adjustments to Net Income / (Loss) Attributable to Common Shareholders)	60	49	25	51	55	30	20	36	-	44
Basic Earnings per Share	$0.27	$0.10	$0.08	($0.09)	$0.21	$0.06	$0.04	($0.06)	$0.04	$0.16
Weighted Average Basic Shares Outstanding	172.18M	170.09M	173.47M	174.77M	173.48M	174.13M	173.94M	172.56M	180.34M	177.23M
Diluted Earnings per Share	$0.25	$0.10	$0.08	($0.09)	$0.20	$0.06	$0.04	($0.06)	$0.04	$0.15
Weighted Average Diluted Shares Outstanding	177.69M	254.97M	255.60M	174.77M	176.38M	247.24M	244.95M	172.56M	245.18M	243.47M
Weighted Average Basic & Diluted Shares Outstanding	180.46M	171.08M	171.84M	172.49M	172.67M	172.69M	173.52M	174.50M	173.72M	171.84M

This table details how cash moves in and out of Newmark Group's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022
Period end date	12/31/2024	12/31/2023	12/31/2022
Net Change in Cash & Equivalents	46	-54	46
Net Cash From Operating Activities	-9.94	-266	1,196
Net Cash From Continuing Operating Activities	-9.94	-266	1,196
Net Income / (Loss) Continuing Operations	85	62	113
Consolidated Net Income / (Loss)	85	62	113
Depreciation Expense	174	166	166
Amortization Expense	124	93	84
Non-Cash Adjustments To Reconcile Net Income	-286	-512	888
Changes in Operating Assets and Liabilities, net	-108	-75	-54
Net Cash From Investing Activities	-33	-50	309
Net Cash From Continuing Investing Activities	-33	-50	309
Purchase of Property, Plant & Equipment	-32	-55	-62
Acquisitions	-1.50	0.00	-64
Purchase of Investments	-0.31	0.00	-2.76
Divestitures	0.00	5.62	0.00
Sale and/or Maturity of Investments	0.00	0.00	438
Other Investing Activities, net	-0.11	0.00	0.00
Net Cash From Financing Activities	90	261	-1,459
Net Cash From Continuing Financing Activities	90	261	-1,459
Repayment of Debt	-9,097	-7,487	-8,742
Repurchase of Preferred Equity	0.00	0.00	-140
Repurchase of Common Equity	-213	-37	-295
Payment of Dividends	-59	-57	-105
Issuance of Debt	9,471	7,843	7,823
Other Financing Activities, net	-12	0.00	0.00
Cash Interest Paid	32	45	38
Cash Income Taxes Paid	50	57	100

This table details how cash moves in and out of Newmark Group's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Net Change in Cash & Equivalents	21	6.14	39	-20	25	-18	-43	-18	5.41	-48
Net Cash From Operating Activities	403	-85	-258	-69	220	414	-501	-399	932	-74
Net Cash From Continuing Operating Activities	403	-85	-258	-69	220	414	-501	-399	932	-74
Net Income / (Loss) Continuing Operations	64	24	23	-26	53	14	11	-16	12	38
Consolidated Net Income / (Loss)	64	24	23	-26	53	14	11	-16	12	38
Depreciation Expense	45	45	41	44	44	41	42	39	47	44
Amortization Expense	32	30	31	31	14	28	25	25	23	21
Non-Cash Adjustments To Reconcile Net Income	310	-222	-269	-105	104	326	-538	-403	785	-152
Changes in Operating Assets and Liabilities, net	-49	39	-85	-12	4.72	4.09	-41	-43	64	-26
Net Cash From Investing Activities	-6.13	-11	-9.27	-7.35	-12	95	-15	-118	-22	-23
Net Cash From Continuing Investing Activities	-6.13	-11	-9.27	-7.35	-12	95	-15	-118	-22	-23
Purchase of Property, Plant & Equipment	-6.02	-9.18	-9.27	-7.04	-12	-10	-15	-18	-22	-22
Net Cash From Financing Activities	-376	102	307	56	-183	-527	473	499	-904	49
Net Cash From Continuing Financing Activities	-376	102	307	56	-183	-527	473	499	-904	49
Repayment of Debt	-3,677	-1,935	-1,332	-2,152	-2,508	-1,994	-2,473	-512	-2,899	-1,812
Repurchase of Common Equity	-30	-90	-56	-37	-5.16	-19	-13	0.00	-14	-105
Payment of Dividends	-11	-15	-11	-21	-8.94	-14	-17	-17	-11	-26
Issuance of Debt	3,344	2,153	1,706	2,267	2,339	1,500	2,977	1,027	2,020	1,992
Other Financing Activities, net	-1.02	-	-	-	-	-	-	-	-	-
Cash Interest Paid	2.36	25	1.95	2.84	21	2.28	22	0.36	17	0.33
Cash Income Taxes Paid	3.23	30	11	5.26	11	7.50	30	8.78	13	18

This table presents Newmark Group's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022
Period end date	12/31/2024	12/31/2023	12/31/2022
Total Assets	4,710	4,472	3,941
Total Current Assets	1,773	1,506	1,076
Cash & Equivalents	198	165	233
Restricted Cash	107	94	80
Accounts Receivable	605	623	524
Other Current Assets	88	96	101
Other Current Nonoperating Assets	775	529	138
Plant, Property, & Equipment, net	167	178	156
Total Noncurrent Assets	2,771	2,787	2,709
Noncurrent Note & Lease Receivables	769	651	501
Goodwill	771	777	706
Intangible Assets	64	84	81
Other Noncurrent Operating Assets	1,166	1,276	1,421
Total Liabilities & Shareholders' Equity	4,710	4,472	3,941
Total Liabilities	3,172	2,877	2,399
Total Current Liabilities	1,780	1,490	1,576
Accounts Payable	578	590	521
Current Employee Benefit Liabilities	448	401	370
Other Current Liabilities	754	499	137
Total Noncurrent Liabilities	1,392	1,387	823
Long-Term Debt	671	547	0.00
Other Noncurrent Operating Liabilities	721	840	823
Commitments & Contingencies	0.00	0.00	0.00
Redeemable Noncontrolling Interest	14	16	17
Total Equity & Noncontrolling Interests	1,524	1,579	1,525
Total Preferred & Common Equity	1,206	1,253	1,181
Total Common Equity	1,206	1,253	1,181
Common Stock	755	660	587
Retained Earnings	1,207	1,167	1,145
Treasury Stock	-746	-569	-539
Accumulated Other Comprehensive Income / (Loss)	-11	-4.56	-12
Noncontrolling Interest	319	326	344

This table presents Newmark Group's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q3 2024	Q2 2024	Q1 2024	Q3 2023	Q2 2023	Q1 2023	Q3 2022
Period end date	9/30/2024	6/30/2024	3/31/2024	9/30/2023	6/30/2023	3/31/2023	9/30/2022
Total Assets	5,004	4,759	4,422	4,435	4,929	4,448	4,741
Total Current Assets	1,993	1,760	1,377	1,485	1,941	1,365	2,033
Cash & Equivalents	179	176	141	143	164	211	230
Restricted Cash	106	102	98	90	87	84	78
Accounts Receivable	543	553	524	529	533	528	508
Other Current Assets	138	110	109	106	219	107	236
Other Current Nonoperating Assets	1,028	819	506	616	937	435	981
Plant, Property, & Equipment, net	173	174	174	177	177	171	149
Total Noncurrent Assets	2,838	2,825	2,871	2,773	2,811	2,912	2,559
Noncurrent Note & Lease Receivables	788	788	788	632	628	606	493
Goodwill	783	774	774	769	776	774	699
Intangible Assets	73	74	79	86	93	96	83
Other Noncurrent Operating Assets	1,193	1,189	1,230	1,286	1,315	1,436	1,284
Total Liabilities & Shareholders' Equity	5,004	4,759	4,422	4,435	4,929	4,448	4,741
Total Liabilities	3,512	3,222	2,855	2,921	3,419	2,929	3,240
Total Current Liabilities	1,962	1,696	1,370	1,598	2,323	1,818	1,877
Short-Term Debt	986	793	493	739	1,481	976	1,016
Accounts Payable	633	588	560	547	535	537	482
Current Employee Benefit Liabilities	343	315	317	312	307	305	379
Total Noncurrent Liabilities	1,550	1,527	1,485	1,323	1,096	1,111	1,362
Long-Term Debt	770	745	670	475	225	225	547
Other Noncurrent Operating Liabilities	779	781	815	848	871	886	815
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Redeemable Noncontrolling Interest	13	13	16	15	15	16	17
Total Equity & Noncontrolling Interests	1,479	1,523	1,551	1,498	1,495	1,503	1,484
Total Preferred & Common Equity	1,171	1,203	1,232	1,190	1,192	1,186	1,158
Total Common Equity	1,171	1,203	1,232	1,190	1,192	1,186	1,158
Common Stock	726	706	693	634	616	603	557
Retained Earnings	1,167	1,154	1,145	1,135	1,131	1,129	1,144
Treasury Stock	-721	-649	-599	-565	-550	-539	-527
Accumulated Other Comprehensive Income / (Loss)	-0.46	-8.61	-6.88	-13	-5.44	-8.48	-16
Noncontrolling Interest	308	320	319	308	304	317	326

This table displays calculated financial ratios and metrics derived from Newmark Group's official financial filings.

Metric	2024	2023	2022
Period end date	12/31/2024	12/31/2023	12/31/2022
Growth Metrics	-	-	-
Revenue Growth	10.85%	-8.69%	-6.91%
EBITDA Growth	19.99%	-11.74%	-70.08%
EBIT Growth	30.21%	-32.52%	-85.21%
NOPAT Growth	40.68%	-44.13%	-86.56%
Net Income Growth	37.06%	-44.58%	-88.49%
EPS Growth	41.67%	-46.67%	-88.16%
Operating Cash Flow Growth	96.26%	-122.23%	2,556.10%
Free Cash Flow Firm Growth	-7.55%	520.75%	-109.56%
Invested Capital Growth	-16.65%	-17.30%	15.55%
Revenue Q/Q Growth	4.79%	6.01%	-12.24%
EBITDA Q/Q Growth	10.35%	12.27%	-31.44%
EBIT Q/Q Growth	17.64%	76.02%	-52.31%
NOPAT Q/Q Growth	21.14%	98.11%	-56.52%
Net Income Q/Q Growth	14.32%	194.75%	-60.58%
EPS Q/Q Growth	17.24%	200.00%	-65.12%
Operating Cash Flow Q/Q Growth	94.84%	-159.68%	120.49%
Free Cash Flow Firm Q/Q Growth	1,035.44%	654.27%	-21.07%
Invested Capital Q/Q Growth	-41.70%	-27.87%	-7.73%
Profitability Metrics	-	-	-
Gross Margin	41.63%	39.72%	42.53%
EBITDA Margin	16.84%	15.56%	16.10%
Operating Margin	5.95%	5.07%	6.86%
EBIT Margin	5.95%	5.07%	6.86%
Profit (Net Income) Margin	3.12%	2.52%	4.16%
Tax Burden Percent	65.12%	60.28%	72.80%
Interest Burden Percent	80.52%	82.64%	83.31%
Effective Tax Rate	34.88%	39.72%	27.20%
Return on Invested Capital (ROIC)	8.55%	5.04%	8.84%
ROIC Less NNEP Spread (ROIC-NNEP)	14.92%	23.26%	35.19%
Return on Net Nonoperating Assets (RNNOA)	-3.09%	-1.07%	-1.87%
Return on Equity (ROE)	5.46%	3.98%	6.98%
Cash Return on Invested Capital (CROIC)	26.72%	23.98%	-5.58%
Operating Return on Assets (OROA)	3.55%	2.98%	4.05%
Return on Assets (ROA)	1.86%	1.48%	2.46%
Return on Common Equity (ROCE)	4.28%	3.09%	5.32%
Return on Equity Simple (ROE_SIMPLE)	7.09%	4.98%	9.53%
Net Operating Profit after Tax (NOPAT)	106	75	135
NOPAT Margin	3.88%	3.06%	4.99%
Net Nonoperating Expense Percent (NNEP)	-6.37%	-18.21%	-26.35%
Return On Investment Capital (ROIC_SIMPLE)	4.84%	3.55%	6.52%
Cost of Revenue to Revenue	58.37%	60.28%	57.47%
SG&A Expenses to Revenue	22.79%	22.83%	20.82%
R&D to Revenue	0.00%	0.00%	0.00%
Operating Expenses to Revenue	28.91%	28.99%	30.56%
Earnings before Interest and Taxes (EBIT)	163	125	186
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	461	384	436
Valuation Ratios	-	-	-
Price to Book Value (P/BV)	1.81	1.49	1.13
Price to Tangible Book Value (P/TBV)	5.91	4.76	3.37
Price to Revenue (P/Rev)	0.80	0.76	0.49
Price to Earnings (P/E)	35.72	43.92	15.98
Dividend Yield	0.94%	1.11%	1.81%
Earnings Yield	2.80%	2.28%	6.26%
Enterprise Value to Invested Capital (EV/IC)	2.56	1.85	1.18
Enterprise Value to Revenue (EV/Rev)	1.05	1.01	0.71
Enterprise Value to EBITDA (EV/EBITDA)	6.26	6.51	4.42
Enterprise Value to EBIT (EV/EBIT)	17.70	19.97	10.38
Enterprise Value to NOPAT (EV/NOPAT)	27.17	33.13	14.25
Enterprise Value to Operating Cash Flow (EV/OCF)	0.00	0.00	1.61
Enterprise Value to Free Cash Flow (EV/FCFF)	8.70	6.97	0.00
Leverage & Solvency	-	-	-
Debt to Equity	0.44	0.34	0.36
Long-Term Debt to Equity	0.44	0.34	0.00
Financial Leverage	-0.21	-0.05	-0.05
Leverage Ratio	2.93	2.68	2.84
Compound Leverage Factor	2.36	2.22	2.36
Debt to Total Capital	30.36%	25.55%	26.22%
Short-Term Debt to Total Capital	0.00%	0.00%	26.22%
Long-Term Debt to Total Capital	30.36%	25.55%	0.00%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	15.06%	15.96%	17.24%
Common Equity to Total Capital	54.58%	58.49%	56.55%
Debt to EBITDA	1.45	1.42	1.26
Net Debt to EBITDA	0.79	0.75	0.54
Long-Term Debt to EBITDA	1.45	1.42	0.00
Debt to NOPAT	6.32	7.25	4.05
Net Debt to NOPAT	3.45	3.82	1.74
Long-Term Debt to NOPAT	6.32	7.25	0.00
Altman Z-Score	1.47	1.40	1.43
Noncontrolling Interest Sharing Ratio	21.53%	22.39%	23.78%
Liquidity Ratios	-	-	-
Current Ratio	1.00	1.01	0.68
Quick Ratio	0.45	0.53	0.48
Cash Flow Metrics	-	-	-
Free Cash Flow to Firm (FCFF)	332	359	-85
Operating Cash Flow to CapEx	-31.53%	-480.41%	1,923.72%
Free Cash Flow to Firm to Interest Expense	0.00	0.00	0.00
Operating Cash Flow to Interest Expense	0.00	0.00	0.00
Operating Cash Flow Less CapEx to Interest Expense	0.00	0.00	0.00
Efficiency Ratios	-	-	-
Asset Turnover	0.60	0.59	0.59
Accounts Receivable Turnover	4.46	4.31	4.91
Inventory Turnover	0.00	0.00	0.00
Fixed Asset Turnover	15.89	14.81	18.57
Accounts Payable Turnover	2.74	2.68	2.93
Days Sales Outstanding (DSO)	81.80	84.68	74.28
Days Inventory Outstanding (DIO)	0.00	0.00	0.00
Days Payable Outstanding (DPO)	133.38	136.22	124.52
Cash Conversion Cycle (CCC)	-51.58	-51.54	-50.24
Capital & Investment Metrics	-	-	-
Invested Capital	1,129	1,355	1,638
Invested Capital Turnover	2.21	1.65	1.77
Increase / (Decrease) in Invested Capital	-226	-283	220
Enterprise Value (EV)	2,885	2,501	1,925
Market Capitalization	2,187	1,870	1,330
Book Value per Share	$7.05	$7.26	$6.87
Tangible Book Value per Share	$2.16	$2.27	$2.30
Total Capital	2,209	2,142	2,089
Total Debt	671	547	548
Total Long-Term Debt	671	547	0.00
Net Debt	366	289	235
Capital Expenditures (CapEx)	32	55	62
Debt-free, Cash-free Net Working Capital (DFCFNWC)	-313	-242	-265
Debt-free Net Working Capital (DFNWC)	-7.76	17	48
Net Working Capital (NWC)	-7.76	17	-500
Net Nonoperating Expense (NNE)	21	13	23
Net Nonoperating Obligations (NNO)	-409	-240	96
Total Depreciation and Amortization (D&A)	298	259	250
Debt-free, Cash-free Net Working Capital to Revenue	-11.42%	-9.80%	-9.80%
Debt-free Net Working Capital to Revenue	-0.28%	0.67%	1.76%
Net Working Capital to Revenue	-0.28%	0.67%	-18.48%
Earnings Adjustments	-	-	-
Adjusted Basic Earnings per Share	$0.36	$0.25	$0.46
Adjusted Weighted Average Basic Shares Outstanding	172.18M	173.48M	180.34M
Adjusted Diluted Earnings per Share	$0.34	$0.24	$0.45
Adjusted Weighted Average Diluted Shares Outstanding	177.69M	176.38M	245.18M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	180.46M	172.67M	173.72M
Normalized Net Operating Profit after Tax (NOPAT)	102	67	206
Normalized NOPAT Margin	3.72%	2.72%	7.62%
Pre Tax Income Margin	4.79%	4.19%	5.71%
Debt Service Ratios	-	-	-
EBIT to Interest Expense	0.00	0.00	0.00
NOPAT to Interest Expense	0.00	0.00	0.00
EBIT Less CapEx to Interest Expense	0.00	0.00	0.00
NOPAT Less CapEx to Interest Expense	0.00	0.00	0.00
Payout Ratios	-	-	-
Dividend Payout Ratio	69.34%	91.80%	93.62%
Augmented Payout Ratio	317.99%	151.81%	355.57%

This table displays calculated financial ratios and metrics derived from Newmark Group's official financial filings.

Metric	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Growth Metrics	-	-	-	-	-	-	-	-	-	-
Revenue Growth	16.76%	11.30%	8.11%	4.93%	23.08%	-7.28%	-22.44%	-23.21%	-38.31%	-15.67%
EBITDA Growth	31.45%	15.58%	18.87%	0.31%	43.97%	-19.61%	-36.40%	-21.71%	-67.64%	-54.31%
EBIT Growth	30.78%	36.60%	47.84%	-91.40%	213.29%	-48.50%	-69.10%	-193.85%	-88.92%	-74.13%
NOPAT Growth	35.60%	59.34%	70.45%	-91.40%	208.56%	-56.36%	-74.90%	-534.11%	-91.29%	-74.48%
Net Income Growth	20.08%	71.98%	108.52%	-60.96%	339.79%	-62.67%	-81.83%	-2,389.78%	-93.45%	-76.78%
EPS Growth	25.00%	66.67%	100.00%	-50.00%	400.00%	-60.00%	-84.62%	0.00%	-95.45%	-76.19%
Operating Cash Flow Growth	83.01%	-120.61%	48.37%	82.75%	-76.39%	656.59%	-206.91%	-179.43%	235.29%	93.32%
Free Cash Flow Firm Growth	-11.80%	66.26%	126.89%	96.53%	264.33%	75.15%	58.69%	-66.28%	-360.86%	-511.74%
Invested Capital Growth	-16.65%	3.11%	-2.45%	-0.20%	-17.30%	5.79%	18.12%	19.96%	15.55%	27.34%
Revenue Q/Q Growth	27.23%	8.29%	15.90%	-26.88%	21.28%	5.20%	12.49%	-14.24%	-8.63%	-12.01%
EBITDA Q/Q Growth	56.80%	2.54%	113.98%	-61.79%	37.88%	5.45%	80.59%	-45.17%	-23.02%	-16.57%
EBIT Q/Q Growth	153.06%	0.82%	280.08%	-128.47%	164.33%	9.11%	333.14%	-146.59%	-56.55%	-34.53%
NOPAT Q/Q Growth	131.52%	2.51%	285.56%	-130.79%	172.06%	9.65%	308.37%	-149.64%	-61.52%	-36.94%
Net Income Q/Q Growth	163.14%	3.95%	188.98%	-149.33%	276.90%	26.04%	168.68%	-234.79%	-68.01%	-38.65%
EPS Q/Q Growth	150.00%	25.00%	188.89%	-145.00%	233.33%	50.00%	166.67%	-250.00%	-73.33%	-42.31%
Operating Cash Flow Q/Q Growth	572.26%	67.02%	-275.80%	-131.27%	-46.81%	182.60%	-25.52%	-142.81%	1,353.86%	54.45%
Free Cash Flow Firm Q/Q Growth	1,142.36%	-135.87%	770.32%	-103.52%	498.79%	71.41%	13.46%	-66.58%	39.70%	52.48%
Invested Capital Q/Q Growth	-41.70%	-2.07%	-0.43%	46.61%	-27.87%	-7.35%	1.86%	21.49%	-7.73%	3.45%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-
Gross Margin	42.66%	42.81%	40.40%	39.95%	40.78%	39.76%	40.78%	36.95%	41.27%	41.49%
EBITDA Margin	20.72%	16.81%	17.76%	9.62%	18.41%	16.19%	16.15%	10.06%	15.73%	18.68%
Operating Margin	11.90%	5.98%	6.43%	-4.14%	10.63%	4.88%	4.70%	-2.27%	4.18%	8.80%
EBIT Margin	11.90%	5.98%	6.43%	-4.14%	10.63%	4.88%	4.70%	-2.27%	4.18%	8.78%
Profit (Net Income) Margin	7.34%	3.55%	3.70%	-4.82%	7.14%	2.30%	1.92%	-3.14%	2.00%	5.70%
Tax Burden Percent	67.10%	73.34%	72.13%	88.21%	64.72%	62.88%	62.56%	84.25%	65.71%	74.04%
Interest Burden Percent	91.89%	80.85%	79.72%	131.93%	103.77%	74.90%	65.16%	164.25%	72.80%	87.74%
Effective Tax Rate	32.90%	26.66%	27.87%	0.00%	35.29%	37.12%	37.44%	0.00%	34.29%	25.96%
Return on Invested Capital (ROIC)	17.61%	6.01%	5.89%	-3.64%	11.36%	3.91%	3.74%	-2.22%	4.86%	12.67%
ROIC Less NNEP Spread (ROIC-NNEP)	19.36%	4.59%	4.65%	-5.99%	8.67%	2.43%	2.01%	-5.48%	10.15%	-37.57%
Return on Net Nonoperating Assets (RNNOA)	-4.01%	1.23%	1.46%	-1.73%	-0.40%	0.51%	0.46%	-0.86%	-0.54%	-0.26%
Return on Equity (ROE)	13.60%	7.25%	7.35%	-5.37%	10.96%	4.43%	4.19%	-3.08%	4.32%	12.42%
Cash Return on Invested Capital (CROIC)	26.72%	1.53%	6.30%	3.45%	23.98%	-3.54%	-13.11%	-11.68%	-5.58%	-4.45%
Operating Return on Assets (OROA)	7.10%	3.31%	3.38%	-2.33%	6.24%	2.48%	2.34%	-1.30%	2.47%	5.37%
Return on Assets (ROA)	4.38%	1.97%	1.94%	-2.71%	4.19%	1.17%	0.96%	-1.80%	1.18%	3.49%
Return on Common Equity (ROCE)	10.67%	5.69%	5.78%	-4.20%	8.51%	3.45%	3.29%	-2.39%	3.29%	9.52%
Return on Equity Simple (ROE_SIMPLE)	0.00%	6.39%	5.37%	4.25%	0.00%	1.78%	3.77%	8.05%	0.00%	24.66%
Net Operating Profit after Tax (NOPAT)	70	30	29	-16	51	19	17	-8.27	17	43
NOPAT Margin	7.99%	4.39%	4.64%	-2.90%	6.88%	3.07%	2.94%	-1.59%	2.74%	6.51%
Net Nonoperating Expense Percent (NNEP)	-1.74%	1.43%	1.24%	2.36%	2.69%	1.49%	1.73%	3.27%	-5.30%	50.24%
Return On Investment Capital (ROIC_SIMPLE)	3.18%	-	-	-	2.42%	-	-	-	0.80%	-
Cost of Revenue to Revenue	57.34%	57.19%	59.61%	60.05%	59.22%	60.24%	59.22%	63.05%	58.73%	58.51%
SG&A Expenses to Revenue	18.86%	23.27%	24.38%	26.62%	18.24%	23.88%	26.23%	24.34%	25.26%	19.36%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	23.91%	29.72%	29.94%	34.67%	22.81%	30.09%	32.73%	32.38%	21.60%	26.04%
Earnings before Interest and Taxes (EBIT)	104	41	41	-23	79	30	28	-12	25	58
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	181	115	112	53	138	100	95	52	96	124
Valuation Ratios	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	1.81	2.28	1.46	1.55	1.49	0.93	0.90	1.02	1.13	1.21
Price to Tangible Book Value (P/TBV)	5.91	8.48	4.97	5.03	4.76	3.29	3.30	3.82	3.37	3.72
Price to Revenue (P/Rev)	0.80	1.02	0.69	0.76	0.76	0.47	0.45	0.47	0.49	0.45
Price to Earnings (P/E)	35.72	50.96	39.54	51.95	43.92	88.52	35.06	16.60	15.98	6.18
Dividend Yield	0.94%	0.77%	1.18%	1.09%	1.11%	2.36%	2.45%	2.16%	1.81%	1.03%
Earnings Yield	2.80%	1.96%	2.53%	1.92%	2.28%	1.13%	2.85%	6.03%	6.26%	16.19%
Enterprise Value to Invested Capital (EV/IC)	2.56	2.30	1.70	1.59	1.85	1.28	1.40	1.23	1.18	1.69
Enterprise Value to Revenue (EV/Rev)	1.05	1.71	1.32	1.27	1.01	1.03	1.19	0.96	0.71	0.97
Enterprise Value to EBITDA (EV/EBITDA)	6.26	10.68	8.34	8.23	6.51	7.03	7.74	5.80	4.42	4.72
Enterprise Value to EBIT (EV/EBIT)	17.70	32.19	26.29	27.66	19.97	33.83	28.53	15.16	10.38	7.70
Enterprise Value to NOPAT (EV/NOPAT)	27.17	50.90	43.78	49.11	33.13	63.17	43.32	20.72	14.25	9.64
Enterprise Value to Operating Cash Flow (EV/OCF)	0.00	0.00	10.95	49.38	0.00	5.40	0.00	8.27	1.61	5.52
Enterprise Value to Free Cash Flow (EV/FCFF)	8.70	152.72	26.57	46.21	6.97	0.00	0.00	0.00	0.00	0.00
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.44	1.18	1.00	0.74	0.34	0.80	1.13	0.79	0.36	1.04
Long-Term Debt to Equity	0.44	0.52	0.49	0.43	0.34	0.31	0.15	0.15	0.00	0.36
Financial Leverage	-0.21	0.27	0.31	0.29	-0.05	0.21	0.23	0.16	-0.05	0.01
Leverage Ratio	2.93	3.14	3.18	2.87	2.68	3.04	3.13	2.82	2.84	3.20
Compound Leverage Factor	2.69	2.54	2.53	3.79	2.78	2.28	2.04	4.63	2.07	2.81
Debt to Total Capital	30.36%	54.06%	50.03%	42.62%	25.55%	44.51%	53.04%	44.16%	26.22%	51.02%
Short-Term Debt to Total Capital	0.00%	30.35%	25.79%	18.07%	0.00%	27.10%	46.04%	35.89%	26.22%	33.16%
Long-Term Debt to Total Capital	30.36%	23.72%	24.24%	24.55%	25.55%	17.41%	7.00%	8.27%	0.00%	17.85%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	15.06%	9.89%	10.86%	12.27%	15.96%	11.85%	9.91%	12.24%	17.24%	11.20%
Common Equity to Total Capital	54.58%	36.05%	39.11%	45.12%	58.49%	43.64%	37.06%	43.60%	56.55%	37.78%
Debt to EBITDA	1.45	4.20	3.82	3.03	1.42	3.55	4.65	2.85	1.26	2.46
Net Debt to EBITDA	0.79	3.52	3.13	2.41	0.75	2.86	3.96	2.15	0.54	1.98
Long-Term Debt to EBITDA	1.45	1.84	1.85	1.74	1.42	1.39	0.61	0.53	0.00	0.86
Debt to NOPAT	6.32	20.04	20.07	18.06	7.25	31.87	26.01	10.18	4.05	5.03
Net Debt to NOPAT	3.45	16.79	16.44	14.35	3.82	25.74	22.17	7.68	1.74	4.04
Long-Term Debt to NOPAT	6.32	8.79	9.73	10.40	7.25	12.47	3.43	1.91	0.00	1.76
Altman Z-Score	1.42	1.34	1.25	1.31	1.37	1.10	0.92	1.04	1.30	1.33
Noncontrolling Interest Sharing Ratio	21.53%	21.44%	21.42%	21.65%	22.39%	22.11%	21.61%	22.47%	23.78%	23.32%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-
Current Ratio	1.00	1.02	1.04	1.01	1.01	0.93	0.84	0.75	0.68	1.08
Quick Ratio	0.45	0.37	0.43	0.49	0.53	0.42	0.30	0.41	0.48	0.39
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	295	-28	79	-12	335	-84	-294	-339	-204	-338
Operating Cash Flow to CapEx	6,688.44%	-928.38%	-2,789.62%	-976.75%	1,906.21%	4,059.49%	-3,238.28%	-2,194.56%	4,201.35%	-330.42%
Free Cash Flow to Firm to Interest Expense	0.00	0.00	0.00	-1.63	0.00	0.00	0.00	-44.71	0.00	-46.40
Operating Cash Flow to Interest Expense	0.00	0.00	0.00	-9.53	0.00	0.00	0.00	-52.54	0.00	-10.20
Operating Cash Flow Less CapEx to Interest Expense	0.00	0.00	0.00	-10.50	0.00	0.00	0.00	-54.94	0.00	-13.29
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.60	0.55	0.53	0.56	0.59	0.51	0.50	0.57	0.59	0.61
Accounts Receivable Turnover	4.46	4.88	4.69	4.74	4.31	4.50	4.53	4.82	4.91	6.03
Inventory Turnover	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Fixed Asset Turnover	15.89	14.93	14.51	14.49	14.81	14.32	15.11	16.52	18.57	21.85
Accounts Payable Turnover	2.74	2.61	2.71	2.71	2.68	2.73	2.82	2.84	2.93	3.28
Days Sales Outstanding (DSO)	81.80	74.85	77.88	76.94	84.68	81.19	80.51	75.68	74.28	60.51
Days Inventory Outstanding (DIO)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Days Payable Outstanding (DPO)	133.38	139.78	134.91	134.55	136.22	133.81	129.41	128.42	124.52	111.38
Cash Conversion Cycle (CCC)	-51.58	-64.93	-57.03	-57.61	-51.54	-52.62	-48.90	-52.74	-50.24	-50.86
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-
Invested Capital	1,129	1,936	1,977	1,986	1,355	1,878	2,027	1,990	1,638	1,775
Invested Capital Turnover	2.21	1.37	1.27	1.26	1.65	1.28	1.27	1.40	1.77	1.95
Increase / (Decrease) in Invested Capital	-226	58	-50	-4.05	-283	103	311	331	220	381
Enterprise Value (EV)	2,885	4,462	3,354	3,165	2,501	2,407	2,840	2,443	1,925	2,995
Market Capitalization	2,187	2,669	1,760	1,905	1,870	1,103	1,068	1,204	1,330	1,397
Book Value per Share	$7.05	$6.81	$6.97	$7.13	$7.26	$6.86	$6.83	$6.83	$6.87	$6.46
Tangible Book Value per Share	$2.16	$1.83	$2.05	$2.19	$2.27	$1.93	$1.85	$1.82	$2.30	$2.10
Total Capital	2,209	3,249	3,074	2,730	2,142	2,728	3,216	2,720	2,089	3,065
Total Debt	671	1,756	1,538	1,164	547	1,214	1,706	1,201	548	1,563
Total Long-Term Debt	671	770	745	670	547	475	225	225	0.00	547
Net Debt	366	1,472	1,260	925	289	981	1,454	906	235	1,255
Capital Expenditures (CapEx)	6.02	9.18	9.27	7.04	12	10	15	18	22	22
Debt-free, Cash-free Net Working Capital (DFCFNWC)	-313	733	579	262	-242	393	847	228	-265	863
Debt-free Net Working Capital (DFNWC)	-7.76	1,017	857	500	17	627	1,099	523	48	1,172
Net Working Capital (NWC)	-7.76	31	64	7.05	17	-113	-382	-453	-500	155
Net Nonoperating Expense (NNE)	5.65	5.77	5.96	10	-1.94	4.74	6.00	8.08	4.53	5.39
Net Nonoperating Obligations (NNO)	-409	444	441	419	-240	364	517	471	96	274
Total Depreciation and Amortization (D&A)	77	74	72	75	58	70	67	64	70	66
Debt-free, Cash-free Net Working Capital to Revenue	-11.42%	28.03%	22.77%	10.49%	-9.80%	16.87%	35.59%	8.93%	-9.80%	28.00%
Debt-free Net Working Capital to Revenue	-0.28%	38.92%	33.70%	20.05%	0.67%	26.89%	46.19%	20.51%	1.76%	38.01%
Net Working Capital to Revenue	-0.28%	1.19%	2.53%	0.28%	0.67%	-4.83%	-16.06%	-17.79%	-18.48%	5.04%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.27	$0.10	$0.08	($0.09)	$0.21	$0.06	$0.04	($0.06)	$0.04	$0.16
Adjusted Weighted Average Basic Shares Outstanding	172.18M	170.09M	173.47M	174.77M	173.48M	174.13M	173.94M	172.56M	180.34M	177.23M
Adjusted Diluted Earnings per Share	$0.25	$0.10	$0.08	($0.09)	$0.20	$0.06	$0.04	($0.06)	$0.04	$0.15
Adjusted Weighted Average Diluted Shares Outstanding	177.69M	254.97M	255.60M	174.77M	176.38M	247.24M	244.95M	172.56M	245.18M	243.47M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	180.46M	171.08M	171.84M	172.49M	172.67M	172.69M	173.52M	174.50M	173.72M	171.84M
Normalized Net Operating Profit after Tax (NOPAT)	69	30	25	-16	45	17	15	-6.16	17	43
Normalized NOPAT Margin	7.93%	4.36%	4.00%	-2.89%	6.03%	2.74%	2.52%	-1.18%	2.74%	6.51%
Pre Tax Income Margin	10.94%	4.84%	5.13%	-5.46%	11.03%	3.65%	3.06%	-3.73%	3.04%	7.70%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	0.00	0.00	0.00	-3.13	0.00	0.00	0.00	-1.56	0.00	8.02
NOPAT to Interest Expense	0.00	0.00	0.00	-2.19	0.00	0.00	0.00	-1.09	0.00	5.95
EBIT Less CapEx to Interest Expense	0.00	0.00	0.00	-4.11	0.00	0.00	0.00	-3.95	0.00	4.93
NOPAT Less CapEx to Interest Expense	0.00	0.00	0.00	-3.17	0.00	0.00	0.00	-3.48	0.00	2.86
Payout Ratios	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	69.34%	75.94%	86.92%	118.45%	91.80%	282.46%	158.26%	101.77%	93.62%	34.29%
Augmented Payout Ratio	317.99%	326.51%	267.64%	260.77%	151.81%	499.26%	452.64%	378.17%	355.57%	185.73%

Frequently Asked Questions About Newmark Group's Financials

When does Newmark Group's fiscal year end?

According to the most recent income statement we have on file, Newmark Group's financial year ends in December. Their financial year 2024 ended on December 31, 2024.

How has Newmark Group's net income changed over the last 2 years?

Newmark Group's net income appears to be on a downward trend, with a most recent value of $85.49 million in 2024, falling from $112.55 million in 2022. The previous period was $62.38 million in 2023. Find out what analysts predict for Newmark Group in the coming months.

What is Newmark Group's operating income?

Newmark Group's total operating income in 2024 was $163.04 million, based on the following breakdown:

Total Gross Profit: $1.14 billion
Total Operating Expenses: $791.66 million

How has Newmark Group revenue changed over the last 2 years?

Over the last 2 years, Newmark Group's total revenue changed from $2.71 billion in 2022 to $2.74 billion in 2024, a change of 1.2%.

How much debt does Newmark Group have?

Newmark Group's total liabilities were at $3.17 billion at the end of 2024, a 10.3% increase from 2023, and a 32.2% increase since 2022.

How much cash does Newmark Group have?

In the past 2 years, Newmark Group's cash and equivalents has ranged from $164.89 million in 2023 to $233.02 million in 2022, and is currently $197.69 million as of their latest financial filing in 2024.

How has Newmark Group's book value per share changed over the last 2 years?

Over the last 2 years, Newmark Group's book value per share changed from 6.87 in 2022 to 7.05 in 2024, a change of 2.5%.

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This page (NASDAQ:NMRK) was last updated on 5/29/2025 by MarketBeat.com Staff

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Newmark Group (NMRK) Financials

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Newmark Group (NMRK) Financials

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