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Newmark Group (NMRK) Financials

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$14.79 -1.05 (-6.63%)
Closing price 04:00 PM Eastern
Extended Trading
$14.84 +0.05 (+0.36%)
As of 07:48 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Massive. Learn more.
Annual Income Statements for Newmark Group

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 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
Period end date 12/31/2016 12/31/2017 12/31/2018 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024 12/31/2025
Net Income / (Loss) Attributable to Common Shareholders
168 144 107 117 80 751 83 43 61 126
Consolidated Net Income / (Loss)
167 145 192 162 109 978 113 62 85 155
Net Income / (Loss) Continuing Operations
167 145 192 162 109 1,334 251 202 271 437
Total Pre-Tax Income
171 203 282 214 146 1,221 155 103 131 202
Total Operating Income
167 200 333 246 184 1,255 186 125 163 234
Total Gross Profit
500 462 886 942 758 1,078 1,151 981 1,140 1,347
Total Revenue
1,350 1,596 2,048 2,218 1,905 2,906 2,706 2,470 2,739 3,294
Operating Revenue
1,350 1,596 2,048 2,218 1,905 2,906 - 2,470 2,739 3,294
Total Cost of Revenue
850 1,135 1,162 1,276 1,147 1,829 1,555 1,489 1,598 1,947
Operating Cost of Revenue
850 988 1,162 1,276 1,147 1,829 1,555 1,489 1,598 1,947
Total Operating Expenses
333 262 553 696 574 -533 827 730 798 874
Selling, General & Admin Expense
185 219 332 362 294 577 563 564 624 692
Depreciation Expense
72 96 98 131 141 122 166 166 174 181
Total Other Income / (Expense), net
3.79 2.79 -50 -32 -38 -33 -31 -7.88 -25 11
Interest & Investment Income
- - - - - - -31 -22 -32 -32
Other Income / (Expense), net
- - - - - - - 14 6.68 43
Income Tax Expense
3.99 57 90 52 37 243 42 41 46 46
Net Income / (Loss) Attributable to Noncontrolling Interest
-1.19 0.60 85 44 29 227 29 20 24 29
Other Adjustments to Net Income / (Loss) Attributable to Common Shareholders)
- - - - - 356 138 140 185 282
Basic Earnings per Share
$0.00 $1.08 $0.65 $0.59 $0.39 $3.91 $0.46 $0.25 $0.36 $0.71
Weighted Average Basic Shares Outstanding
0.00 133.41M 157.26M 177.77M 179.11M 190.18M 180.34M 173.48M 172.18M 178.46M
Diluted Earnings per Share
$0.00 $0.85 $0.64 $0.58 $0.39 $3.80 $0.45 $0.24 $0.34 $0.68
Weighted Average Diluted Shares Outstanding
0.00 138.40M 163.81M 185.02M 179.69M 195.81M 245.18M 176.38M 177.69M 253.45M
Weighted Average Basic & Diluted Shares Outstanding
- - 178.16M 177.40M 183.37M 189.06M 173.72M 172.67M 180.46M 184.44M
Cash Dividends to Common per Share
- - - - - - $0.10 $0.12 $0.12 $0.12

Quarterly Income Statements for Newmark Group

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 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026
Period end date 9/30/2023 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024 3/31/2025 6/30/2025 9/30/2025 12/31/2025 3/31/2026
Net Income / (Loss) Attributable to Common Shareholders
9.95 37 -16 14 18 45 -8.77 21 46 68 14
Consolidated Net Income / (Loss)
14 53 -26 23 24 64 -16 30 58 83 17
Net Income / (Loss) Continuing Operations
44 108 25 49 73 124 58 90 140 150 85
Total Pre-Tax Income
23 82 -30 32 33 95 -26 34 77 117 20
Total Operating Income
30 79 -23 41 41 104 -18 43 85 124 27
Total Gross Profit
245 305 218 256 294 372 266 304 353 423 331
Total Revenue
616 747 546 633 686 873 665 759 863 1,006 847
Operating Revenue
- - 546 633 686 - 665 759 863 1,006 847
Total Cost of Revenue
371 443 328 378 392 500 400 455 510 583 516
Operating Cost of Revenue
371 443 328 378 392 500 400 455 510 583 516
Total Operating Expenses
185 170 189 195 204 209 210 201 229 233 236
Selling, General & Admin Expense
147 136 145 154 160 165 164 159 184 186 190
Depreciation Expense
41 44 44 41 45 45 46 43 45 47 46
Total Other Income / (Expense), net
-7.54 2.99 -7.22 -2.62 -7.54 -8.43 -7.73 -8.79 34 -6.96 -6.27
Interest & Investment Income
-7.54 - -7.22 -8.26 -7.86 - -8.48 -9.02 -7.97 -7.00 -6.91
Other Income / (Expense), net
- - - 5.64 0.32 - 0.75 0.23 42 0.05 0.64
Income Tax Expense
8.36 29 -3.52 9.05 8.85 31 -10 4.21 19 33 3.43
Net Income / (Loss) Attributable to Noncontrolling Interest
4.21 17 -10 9.14 6.55 19 -7.18 8.69 12 15 2.20
Other Adjustments to Net Income / (Loss) Attributable to Common Shareholders)
30 55 51 25 49 60 74 60 81 66 68
Basic Earnings per Share
$0.06 $0.21 ($0.09) $0.08 $0.10 $0.27 ($0.05) $0.12 $0.26 $0.38 $0.08
Weighted Average Basic Shares Outstanding
174.13M 173.48M 174.77M 173.47M 170.09M 172.18M 176.35M 179.56M 177.23M 178.46M 182.65M
Diluted Earnings per Share
$0.06 $0.20 ($0.09) $0.08 $0.10 $0.25 ($0.05) $0.11 $0.25 $0.37 $0.08
Weighted Average Diluted Shares Outstanding
247.24M 176.38M 174.77M 255.60M 254.97M 177.69M 176.35M 252.61M 251.67M 253.45M 256.04M
Weighted Average Basic & Diluted Shares Outstanding
172.69M 172.67M 172.49M 171.84M 171.08M 180.46M 184.55M 176.71M 180.41M 184.44M 177.53M
Cash Dividends to Common per Share
$0.03 - $0.03 $0.03 $0.03 - $0.03 $0.03 $0.03 - $0.03

Annual Cash Flow Statements for Newmark Group

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 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
Period end date 12/31/2016 12/31/2017 12/31/2018 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024 12/31/2025
Net Change in Cash & Equivalents
-43 56 14 34 37 8.10 46 -54 46 -71
Net Cash From Operating Activities
-644 854 -332 987 -778 -49 1,196 -266 -9.94 172
Net Cash From Continuing Operating Activities
-644 854 -332 987 -778 -49 1,196 -266 -9.94 172
Net Income / (Loss) Continuing Operations
167 145 192 162 109 978 113 62 85 155
Consolidated Net Income / (Loss)
167 145 192 162 109 978 113 62 85 155
Depreciation Expense
72 96 98 131 141 122 166 166 174 181
Amortization Expense
26 34 28 39 74 79 84 93 124 155
Non-Cash Adjustments To Reconcile Net Income
-959 491 -712 692 -1,074 -1,050 888 -517 -382 -128
Changes in Operating Assets and Liabilities, net
49 87 63 -37 -28 -178 -54 -71 -12 -192
Net Cash From Investing Activities
-34 0.38 7.74 -57 -3.60 453 309 -50 -33 -198
Net Cash From Continuing Investing Activities
-34 0.38 7.74 -57 -3.60 453 309 -50 -33 -198
Purchase of Property, Plant & Equipment
-27 -19 -21 -35 -20 -20 -62 -55 -32 -29
Acquisitions
0.52 2.79 -35 -34 -5.85 -70 -64 -100 -1.50 0.00
Purchase of Investments
-175 -375 -30 -28 -13 -8.50 -2.76 0.00 -0.42 -334
Divestitures
- - - - - 0.00 0.00 106 0.00 -53
Sale and/or Maturity of Investments
175 394 96 41 35 551 438 0.00 0.00 219
Net Cash From Financing Activities
636 -798 339 -896 818 -396 -1,459 261 90 -45
Net Cash From Continuing Financing Activities
636 -798 339 -896 818 -396 -1,459 261 90 -45
Repayment of Debt
-8,981 -10,494 -9,538 -9,652 -11,802 -9,349 -8,742 -7,487 -9,097 -11,111
Repurchase of Common Equity
0.00 0.00 -0.49 -37 -6.36 -291 -295 -37 -213 -127
Payment of Dividends
-12 -210 -93 -215 -110 -65 -105 -57 -59 -54
Issuance of Debt
9,629 9,544 9,523 8,938 12,739 9,197 7,823 7,843 9,471 11,248
Other Financing Activities, net
0.00 0.00 242 34 0.00 6.90 0.00 0.00 -12 0.00
Cash Interest Paid
12 21 82 37 41 36 38 45 32 56
Cash Income Taxes Paid
0.08 0.05 1.17 95 80 99 100 57 50 43

Quarterly Cash Flow Statements for Newmark Group

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 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026
Period end date 9/30/2023 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024 3/31/2025 6/30/2025 9/30/2025 12/31/2025 3/31/2026
Net Change in Cash & Equivalents
-18 25 -20 39 6.14 21 -37 42 -83 6.86 -14
Net Cash From Operating Activities
414 220 -69 -258 -85 403 -179 -380 113 619 -248
Net Cash From Continuing Operating Activities
414 220 -69 -258 -85 403 -179 -380 113 619 -248
Net Income / (Loss) Continuing Operations
14 53 -26 23 24 64 -16 30 58 83 17
Consolidated Net Income / (Loss)
14 53 -26 23 24 64 -16 30 58 83 17
Depreciation Expense
41 44 44 41 45 45 46 43 45 47 46
Amortization Expense
28 14 31 31 30 32 32 39 40 44 33
Non-Cash Adjustments To Reconcile Net Income
326 104 -77 -269 -222 310 -150 -472 2.31 491 -212
Changes in Operating Assets and Liabilities, net
4.09 4.72 -41 -85 39 -49 -93 -18 -34 -47 -131
Net Cash From Investing Activities
95 -12 -7.35 -9.27 -11 -6.13 -5.44 -6.50 -118 -68 -13
Net Cash From Continuing Investing Activities
95 -12 -7.35 -9.27 -11 -6.13 -5.44 -6.50 -118 -68 -13
Purchase of Property, Plant & Equipment
-10 -12 -7.04 -9.27 -9.18 -6.02 -5.44 -6.50 -7.73 -9.69 -10
Purchase of Investments
- - -0.31 - - - 0.00 - -215 -119 -0.50
Divestitures
106 - - - - - 0.00 - - - -2.45
Net Cash From Financing Activities
-527 -183 56 307 102 -376 148 428 -77 -544 246
Net Cash From Continuing Financing Activities
-527 -183 56 307 102 -376 148 428 -77 -544 246
Repayment of Debt
-1,994 -2,508 -2,152 -1,332 -1,935 -3,677 -1,686 -1,894 -3,334 -4,197 -2,431
Repurchase of Common Equity
-19 -5.16 -37 -56 -90 -30 0.00 -126 - -1.55 -136
Payment of Dividends
-14 -8.94 -21 -11 -15 -11 -19 -16 -10 -9.00 -9.41
Issuance of Debt
1,500 2,339 2,267 1,706 2,153 3,344 1,852 2,464 3,268 3,664 2,824
Cash Interest Paid
2.28 21 2.84 1.95 25 2.36 24 3.32 26 2.59 24
Cash Income Taxes Paid
7.50 11 5.26 11 30 3.23 4.70 24 2.76 12 2.81

Annual Balance Sheets for Newmark Group

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 2017 2018 2019 2020 2021 2022 2023 2024 2025
Period end date 12/31/2017 12/31/2018 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024 12/31/2025
Total Assets
2,273 3,454 3,202 3,982 5,216 3,941 4,472 4,710 5,019
Total Current Assets
825 1,757 1,074 1,819 2,524 1,076 1,506 1,773 2,005
Cash & Equivalents
121 122 164 191 191 233 165 198 229
Restricted Cash
52 65 58 67 75 80 94 107 120
Accounts Receivable
210 472 508 377 577 524 623 605 628
Other Current Assets
21 58 91 64 83 101 96 88 114
Other Current Nonoperating Assets
363 991 215 1,087 1,072 138 529 775 913
Plant, Property, & Equipment, net
65 79 98 96 136 156 178 167 156
Total Noncurrent Assets
1,383 1,618 2,030 2,067 2,556 2,709 2,787 2,771 2,858
Noncurrent Note & Lease Receivables
210 286 404 454 453 501 651 769 862
Goodwill
478 515 558 560 657 706 777 771 802
Intangible Assets
25 36 45 44 76 81 84 64 76
Other Noncurrent Operating Assets
671 782 1,023 1,008 1,369 1,421 1,276 1,166 1,117
Total Liabilities & Shareholders' Equity
2,273 3,454 3,202 3,982 5,216 3,941 4,472 4,710 5,019
Total Liabilities
2,030 2,371 2,239 3,041 3,531 2,399 2,877 3,172 3,267
Total Current Liabilities
783 1,665 1,045 1,705 2,193 1,576 1,490 1,780 1,907
Short-Term Debt
360 972 210 1,061 1,051 548 - - 892
Accounts Payable
159 326 455 331 540 521 590 578 574
Current Employee Benefit Liabilities
205 367 344 280 463 370 401 448 440
Total Noncurrent Liabilities
1,247 707 1,194 1,336 1,338 823 1,387 1,392 1,360
Long-Term Debt
1,083 538 589 680 545 0.00 547 671 672
Other Noncurrent Operating Liabilities
164 169 605 656 793 823 840 721 689
Commitments & Contingencies
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Redeemable Noncontrolling Interest
21 26 22 20 21 17 16 14 12
Total Equity & Noncontrolling Interests
222 1,057 941 921 1,664 1,525 1,579 1,524 1,740
Total Preferred & Common Equity
260 568 600 655 1,278 1,181 1,253 1,206 1,462
Total Common Equity
260 568 600 655 1,278 1,181 1,253 1,206 1,462
Common Stock
61 290 321 355 491 587 660 755 1,002
Retained Earnings
199 278 313 343 1,080 1,145 1,167 1,207 1,312
Treasury Stock
0.00 -0.49 -35 -41 -290 -539 -569 -746 -855
Accumulated Other Comprehensive Income / (Loss)
- - 0.00 -2.09 -2.73 -12 -4.56 -11 2.81
Noncontrolling Interest
-38 489 341 266 386 344 326 319 278

Quarterly Balance Sheets for Newmark Group

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 2022 Q1 2023 Q2 2023 Q3 2023 Q1 2024 Q2 2024 Q3 2024 Q1 2025 Q2 2025 Q3 2025 Q1 2026
Period end date 9/30/2022 3/31/2023 6/30/2023 9/30/2023 3/31/2024 6/30/2024 9/30/2024 3/31/2025 6/30/2025 9/30/2025 3/31/2026
Total Assets
4,741 4,448 4,929 4,435 4,422 4,759 5,004 4,848 5,390 5,460 5,279
Total Current Assets
2,033 1,365 1,941 1,485 1,377 1,760 1,993 1,787 2,344 2,443 2,273
Cash & Equivalents
230 211 164 143 141 176 179 157 196 224 212
Restricted Cash
78 84 87 90 98 102 106 111 114 115 123
Accounts Receivable
508 528 533 529 524 553 543 561 567 585 680
Other Current Assets
236 107 219 106 109 110 138 111 118 119 117
Other Current Nonoperating Assets
981 435 937 616 506 819 1,028 848 1,349 1,400 1,141
Plant, Property, & Equipment, net
149 171 177 177 174 174 173 159 159 157 154
Total Noncurrent Assets
2,559 2,912 2,811 2,773 2,871 2,825 2,838 2,901 2,887 2,861 2,852
Noncurrent Note & Lease Receivables
493 606 628 632 788 788 788 866 871 857 900
Goodwill
699 774 776 769 774 774 783 777 789 782 798
Intangible Assets
83 96 93 86 79 74 73 61 59 50 75
Other Noncurrent Operating Assets
1,284 1,436 1,315 1,286 1,230 1,189 1,193 1,197 1,169 1,171 1,078
Total Liabilities & Shareholders' Equity
4,741 4,448 4,929 4,435 4,422 4,759 5,004 4,848 5,390 5,460 5,279
Total Liabilities
3,240 2,929 3,419 2,921 2,855 3,222 3,512 3,288 3,865 3,829 3,587
Total Current Liabilities
1,877 1,818 2,323 1,598 1,370 1,696 1,962 1,764 2,259 2,372 2,100
Short-Term Debt
1,016 976 1,481 739 493 793 986 821 1,291 1,350 1,125
Accounts Payable
482 537 535 547 560 588 633 581 629 631 575
Current Employee Benefit Liabilities
379 305 307 312 317 315 343 362 339 391 400
Total Noncurrent Liabilities
1,362 1,111 1,096 1,323 1,485 1,527 1,550 1,523 1,606 1,457 1,488
Long-Term Debt
547 225 225 475 670 745 770 771 871 746 832
Other Noncurrent Operating Liabilities
815 886 871 848 815 781 779 752 735 710 656
Commitments & Contingencies
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Redeemable Noncontrolling Interest
17 16 15 15 16 13 13 13 12 12 11
Total Equity & Noncontrolling Interests
1,484 1,503 1,495 1,498 1,551 1,523 1,479 1,547 1,513 1,620 1,681
Total Preferred & Common Equity
1,158 1,186 1,192 1,190 1,232 1,203 1,171 1,321 1,280 1,368 1,399
Total Common Equity
1,158 1,186 1,192 1,190 1,232 1,203 1,171 1,321 1,280 1,368 1,399
Common Stock
557 603 616 634 693 706 726 881 919 968 1,049
Retained Earnings
1,144 1,129 1,131 1,135 1,145 1,154 1,167 1,193 1,208 1,249 1,321
Treasury Stock
-527 -539 -550 -565 -599 -649 -721 -747 -852 -852 -970
Accumulated Other Comprehensive Income / (Loss)
-16 -8.48 -5.44 -13 -6.88 -8.61 -0.46 -6.31 4.69 2.59 -1.57
Noncontrolling Interest
326 317 304 308 319 320 308 226 234 252 282

Annual Metrics And Ratios for Newmark Group

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

Metric 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
Period end date 12/31/2016 12/31/2017 12/31/2018 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024 12/31/2025
DEI Shares Outstanding
- - - - - - - - - 180,412,407.00
DEI Adjusted Shares Outstanding
- - - - - - - - - 180,412,407.00
DEI Earnings Per Adjusted Shares Outstanding
- - - - - - - - - 0.70
Growth Metrics
- - - - - - - - - -
Profitability Metrics
- - - - - - - - - -
Net Operating Profit after Tax (NOPAT)
164 143 226 186 137 1,005 135 75 106 181
Return On Investment Capital (ROIC_SIMPLE)
- - - - - - 6.52% 3.55% 4.84% 7.49%
Earnings before Interest and Taxes (EBIT)
167 200 333 246 184 1,255 186 125 163 277
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)
265 330 458 416 399 1,456 436 384 461 614
Valuation Ratios
- - - - - - - - - -
Leverage & Solvency
- - - - - - - - - -
Liquidity Ratios
- - - - - - - - - -
Cash Flow Metrics
- - - - - - - - - -
Free Cash Flow to Firm (FCFF)
0.00 -950 -47 265 120 892 -85 359 332 149
Efficiency Ratios
- - - - - - - - - -
Capital & Investment Metrics
- - - - - - - - - -
Invested Capital
0.00 1,093 1,366 1,287 1,304 1,418 1,638 1,355 1,129 1,161
Increase / (Decrease) in Invested Capital
0.00 1,093 273 -79 17 113 220 -283 -226 32
Book Value per Share
$0.00 $1.95 $3.67 $3.33 $3.63 $6.01 $6.87 $7.26 $7.05 $8.10
Tangible Book Value per Share
$0.00 ($1.81) $0.11 ($0.02) $0.28 $2.56 $2.30 $2.27 $2.16 $3.23
Total Capital
0.00 1,687 2,593 1,761 2,683 3,281 2,089 2,142 2,209 2,424
Total Debt
0.00 1,444 1,510 799 1,742 1,596 548 547 671 672
Total Long-Term Debt
0.00 1,083 538 589 680 545 0.00 547 671 672
Net Debt
0.00 1,213 1,274 540 1,450 805 235 289 366 322
Capital Expenditures (CapEx)
27 19 21 35 20 20 62 55 32 29
Debt-free, Cash-free Net Working Capital (DFCFNWC)
0.00 172 828 -21 883 591 -265 -242 -313 -251
Debt-free Net Working Capital (DFNWC)
0.00 403 1,065 238 1,175 1,382 48 17 -7.76 98
Net Working Capital (NWC)
0.00 43 92 28 114 332 -500 17 -7.76 98
Net Nonoperating Expense (NNE)
-3.70 -2.00 34 24 28 27 23 13 21 25
Net Nonoperating Obligations (NNO)
0.00 850 283 325 363 -268 96 -240 -409 -591
Total Depreciation and Amortization (D&A)
98 130 125 170 215 201 250 259 298 337
Earnings Adjustments
- - - - - - - - - -
Adjusted Basic Earnings per Share
$0.00 $0.00 $0.65 $0.59 $0.39 $3.91 $0.46 $0.25 $0.36 $0.71
Adjusted Weighted Average Basic Shares Outstanding
0.00 0.00 157.26M 177.77M 179.11M 190.18M 180.34M 173.48M 172.18M 178.46M
Adjusted Diluted Earnings per Share
$0.00 $0.00 $0.64 $0.58 $0.39 $3.80 $0.45 $0.24 $0.34 $0.68
Adjusted Weighted Average Diluted Shares Outstanding
0.00 0.00 163.81M 185.02M 179.69M 195.81M 245.18M 176.38M 177.69M 253.45M
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
0.00 0.00 178.16M 177.40M 183.37M 189.06M 173.72M 172.67M 180.46M 184.44M
Normalized Net Operating Profit after Tax (NOPAT)
164 143 140 125 126 18 206 67 102 181
Debt Service Ratios
- - - - - - - - - -
Payout Ratios
- - - - - - - - - -

Quarterly Metrics And Ratios for Newmark Group

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

Metric Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026
Period end date 9/30/2023 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024 3/31/2025 6/30/2025 9/30/2025 12/31/2025 3/31/2026
DEI Shares Outstanding
- - - - - - - - - 180,412,407.00 184,437,614.00
DEI Adjusted Shares Outstanding
- - - - - - - - - 180,412,407.00 184,437,614.00
DEI Earnings Per Adjusted Shares Outstanding
- - - - - - - - - 0.38 0.08
Growth Metrics
- - - - - - - - - - -
Revenue Growth
-7.28% 23.08% 4.93% 8.11% 11.30% 16.76% 21.77% 19.85% 25.89% - 27.20%
EBITDA Growth
-19.61% 43.97% 0.31% 18.87% 15.58% 31.45% 17.86% 5.38% 83.85% - 72.91%
EBIT Growth
-48.50% 213.29% -91.40% 47.84% 36.60% 30.78% 25.84% -7.30% 207.41% - 264.61%
NOPAT Growth
-56.36% 208.56% -91.40% 70.45% 59.34% 35.60% 22.52% 27.36% 114.21% - 282.22%
Net Income Growth
-62.67% 339.79% -60.96% 108.52% 71.98% 20.08% 39.39% 26.03% 140.15% - 204.18%
EPS Growth
-60.00% 400.00% -50.00% 100.00% 66.67% 25.00% 44.44% 37.50% 150.00% - 260.00%
Operating Cash Flow Growth
656.59% -76.39% 82.75% 48.37% -120.61% 83.01% -160.83% -46.91% 232.13% - -38.01%
Free Cash Flow Firm Growth
75.15% 264.33% 96.53% 126.89% 66.26% -11.80% -432.64% -117.18% 140.91% - -80.54%
Invested Capital Growth
5.79% -17.30% -0.20% -2.45% 3.11% -16.65% 2.54% 2.58% 2.73% - 6.66%
Revenue Q/Q Growth
5.20% 21.28% -26.88% 15.90% 8.29% 27.23% -23.74% 14.07% 13.75% - -15.85%
EBITDA Q/Q Growth
5.45% 37.88% -61.79% 113.98% 2.54% 56.80% -65.74% 100.91% 70.83% - -50.09%
EBIT Q/Q Growth
9.11% 164.33% -128.47% 280.08% 0.82% 153.06% -116.14% 356.26% 195.96% - -77.68%
NOPAT Q/Q Growth
9.65% 172.06% -130.79% 285.56% 2.51% 131.52% -117.59% 405.04% 72.41% - -74.73%
Net Income Q/Q Growth
26.04% 276.90% -149.33% 188.98% 3.95% 163.14% -124.90% 285.03% 98.08% - -80.09%
EPS Q/Q Growth
50.00% 233.33% -145.00% 188.89% 25.00% 150.00% -120.00% 320.00% 127.27% - -78.38%
Operating Cash Flow Q/Q Growth
182.60% -46.81% -131.27% -275.80% 67.02% 572.26% -144.56% -111.67% 129.66% - -140.03%
Free Cash Flow Firm Q/Q Growth
71.41% 498.79% -103.52% 770.32% -135.87% 1,142.36% -121.25% 78.38% 185.44% - 86.45%
Invested Capital Q/Q Growth
-7.35% -27.87% 46.61% -0.43% -2.07% -41.70% 80.37% -0.40% -1.92% - 5.77%
Profitability Metrics
- - - - - - - - - - -
Gross Margin
39.76% 40.78% 39.95% 40.40% 42.81% 42.66% 39.97% 40.06% 40.91% - 39.09%
EBITDA Margin
16.19% 18.41% 9.62% 17.76% 16.81% 20.72% 9.31% 16.40% 24.62% - 12.65%
Operating Margin
4.88% 10.63% -4.14% 6.43% 5.98% 11.90% -2.63% 5.63% 9.86% - 3.18%
EBIT Margin
4.88% 10.63% -4.14% 6.43% 5.98% 11.90% -2.52% 5.66% 14.73% - 3.26%
Profit (Net Income) Margin
2.30% 7.14% -4.82% 3.70% 3.55% 7.34% -2.40% 3.89% 6.77% - 1.96%
Tax Burden Percent
62.88% 64.72% 88.21% 72.13% 73.34% 67.10% 61.34% 87.52% 75.73% - 82.88%
Interest Burden Percent
74.90% 103.77% 131.93% 79.72% 80.85% 91.89% 155.06% 78.47% 60.69% - 72.62%
Effective Tax Rate
37.12% 35.29% 0.00% 27.87% 26.66% 32.90% 0.00% 12.48% 24.27% - 17.12%
Return on Invested Capital (ROIC)
3.91% 11.36% -3.64% 5.89% 6.01% 17.61% -2.62% 7.34% 12.03% - 4.36%
ROIC Less NNEP Spread (ROIC-NNEP)
2.43% 8.67% -5.99% 4.65% 4.59% 19.36% -3.44% 5.67% 10.52% - 3.16%
Return on Net Nonoperating Assets (RNNOA)
0.51% -0.40% -1.73% 1.46% 1.23% -4.01% -0.99% 1.75% 2.70% - 0.93%
Return on Equity (ROE)
4.43% 10.96% -5.37% 7.35% 7.25% 13.60% -3.60% 9.09% 14.73% - 5.29%
Cash Return on Invested Capital (CROIC)
-3.54% 23.98% 3.45% 6.30% 1.53% 26.72% 3.42% 3.81% 5.54% - 3.61%
Operating Return on Assets (OROA)
2.48% 6.24% -2.33% 3.38% 3.31% 7.10% -1.55% 3.33% 8.90% - 2.24%
Return on Assets (ROA)
1.17% 4.19% -2.71% 1.94% 1.97% 4.38% -1.48% 2.29% 4.09% - 1.35%
Return on Common Equity (ROCE)
3.45% 8.51% -4.20% 5.78% 5.69% 10.67% -2.94% 7.37% 11.97% - 4.43%
Return on Equity Simple (ROE_SIMPLE)
1.78% 0.00% 4.25% 5.37% 6.39% 0.00% 7.25% 0.00% 0.00% - 0.00%
Net Operating Profit after Tax (NOPAT)
19 51 -16 29 30 70 -12 37 64 88 22
NOPAT Margin
3.07% 6.88% -2.90% 4.64% 4.39% 7.99% -1.84% 4.93% 7.47% - 2.64%
Net Nonoperating Expense Percent (NNEP)
1.49% 2.69% 2.36% 1.24% 1.43% -1.74% 0.82% 1.67% 1.51% - 1.20%
Return On Investment Capital (ROIC_SIMPLE)
- 2.42% - - - 3.18% -0.39% 1.02% 1.74% 3.67% 0.61%
Cost of Revenue to Revenue
60.24% 59.22% 60.05% 59.61% 57.19% 57.34% 60.03% 59.94% 59.09% - 60.91%
SG&A Expenses to Revenue
23.88% 18.24% 26.62% 24.38% 23.27% 18.86% 24.58% 20.92% 21.25% - 22.44%
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
30.09% 22.81% 34.67% 29.94% 29.72% 23.91% 31.54% 26.53% 26.52% - 27.90%
Earnings before Interest and Taxes (EBIT)
30 79 -23 41 41 104 -17 43 127 124 28
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)
100 138 53 112 115 181 62 124 213 215 107
Valuation Ratios
- - - - - - - - - - -
Price to Book Value (P/BV)
0.93 1.49 1.55 1.46 2.28 1.81 1.66 1.75 2.41 - 1.98
Price to Tangible Book Value (P/TBV)
3.29 4.76 5.03 4.97 8.48 5.91 4.54 5.18 6.16 - 5.26
Price to Revenue (P/Rev)
0.47 0.76 0.76 0.69 1.02 0.80 0.77 0.75 1.04 - 0.80
Price to Earnings (P/E)
88.52 43.92 51.95 39.54 50.96 35.72 31.96 29.79 31.80 - 18.51
Dividend Yield
2.36% 1.11% 1.09% 1.18% 0.77% 0.94% 0.99% 0.99% 0.64% - 0.80%
Earnings Yield
1.13% 2.28% 1.92% 2.53% 1.96% 2.80% 3.13% 3.36% 3.14% - 5.40%
Enterprise Value to Invested Capital (EV/IC)
1.28 1.85 1.59 1.70 2.30 2.56 1.85 2.14 2.67 - 2.15
Enterprise Value to Revenue (EV/Rev)
1.03 1.01 1.27 1.32 1.71 1.05 1.32 1.45 1.68 - 1.35
Enterprise Value to EBITDA (EV/EBITDA)
7.03 6.51 8.23 8.34 10.68 6.26 8.00 9.01 9.90 - 7.10
Enterprise Value to EBIT (EV/EBIT)
33.83 19.97 27.66 26.29 32.19 17.70 22.36 25.50 24.82 - 14.56
Enterprise Value to NOPAT (EV/NOPAT)
63.17 33.13 49.11 43.78 50.90 27.17 31.51 34.11 32.89 - 22.12
Enterprise Value to Operating Cash Flow (EV/OCF)
5.40 0.00 49.38 10.95 0.00 0.00 0.00 0.00 0.00 - 45.07
Enterprise Value to Free Cash Flow (EV/FCFF)
0.00 6.97 46.21 26.57 152.72 8.70 54.63 56.92 48.90 - 61.68
Leverage & Solvency
- - - - - - - - - - -
Debt to Equity
0.80 0.34 0.74 1.00 1.18 0.44 1.02 1.42 1.29 - 1.16
Long-Term Debt to Equity
0.31 0.34 0.43 0.49 0.52 0.44 0.49 0.57 0.46 - 0.49
Financial Leverage
0.21 -0.05 0.29 0.31 0.27 -0.21 0.29 0.31 0.26 - 0.29
Leverage Ratio
3.04 2.68 2.87 3.18 3.14 2.93 2.96 3.32 3.35 - 3.11
Compound Leverage Factor
2.28 2.78 3.79 2.53 2.54 2.69 4.60 2.60 2.03 - 2.26
Debt to Total Capital
44.51% 25.55% 42.62% 50.03% 54.06% 30.36% 50.51% 58.64% 56.24% - 53.63%
Short-Term Debt to Total Capital
27.10% 0.00% 18.07% 25.79% 30.35% 0.00% 26.05% 35.01% 36.22% - 30.83%
Long-Term Debt to Total Capital
17.41% 25.55% 24.55% 24.24% 23.72% 30.36% 24.46% 23.63% 20.02% - 22.81%
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
11.85% 15.96% 12.27% 10.86% 9.89% 15.06% 7.57% 6.65% 7.07% - 8.02%
Common Equity to Total Capital
43.64% 58.49% 45.12% 39.11% 36.05% 54.58% 41.92% 34.71% 36.69% - 38.35%
Debt to EBITDA
3.55 1.42 3.03 3.82 4.20 1.45 3.39 4.49 3.91 - 2.97
Net Debt to EBITDA
2.86 0.75 2.41 3.13 3.52 0.79 2.82 3.85 3.27 - 2.46
Long-Term Debt to EBITDA
1.39 1.42 1.74 1.85 1.84 1.45 1.64 1.81 1.39 - 1.26
Debt to NOPAT
31.87 7.25 18.06 20.07 20.04 6.32 13.35 16.99 12.97 - 9.25
Net Debt to NOPAT
25.74 3.82 14.35 16.44 16.79 3.45 11.10 14.56 10.88 - 7.67
Long-Term Debt to NOPAT
12.47 7.25 10.40 9.73 8.79 6.32 6.46 6.85 4.62 - 3.93
Altman Z-Score
1.10 1.37 1.31 1.25 1.34 1.42 1.33 1.26 1.51 - 1.53
Noncontrolling Interest Sharing Ratio
22.11% 22.39% 21.65% 21.42% 21.44% 21.53% 18.34% 18.91% 18.72% - 16.34%
Liquidity Ratios
- - - - - - - - - - -
Current Ratio
0.93 1.01 1.01 1.04 1.02 1.00 1.01 1.04 1.03 - 1.08
Quick Ratio
0.42 0.53 0.49 0.43 0.37 0.45 0.41 0.34 0.34 - 0.42
Cash Flow Metrics
- - - - - - - - - - -
Free Cash Flow to Firm (FCFF)
-84 335 -12 79 -28 295 -63 -14 12 56 -113
Operating Cash Flow to CapEx
4,059.49% 1,906.21% -976.75% -2,789.62% -928.38% 6,688.44% -3,295.44% -5,840.39% 1,456.69% - -2,424.82%
Free Cash Flow to Firm to Interest Expense
0.00 0.00 -1.63 0.00 0.00 0.00 0.00 0.00 0.00 - 0.00
Operating Cash Flow to Interest Expense
0.00 0.00 -9.53 0.00 0.00 0.00 0.00 0.00 0.00 - 0.00
Operating Cash Flow Less CapEx to Interest Expense
0.00 0.00 -10.50 0.00 0.00 0.00 0.00 0.00 0.00 - 0.00
Efficiency Ratios
- - - - - - - - - - -
Asset Turnover
0.51 0.59 0.56 0.53 0.55 0.60 0.62 0.59 0.60 - 0.69
Accounts Receivable Turnover
4.50 4.31 4.74 4.69 4.88 4.46 5.27 5.33 5.61 - 5.60
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
14.32 14.81 14.49 14.51 14.93 15.89 17.18 17.92 19.14 - 22.18
Accounts Payable Turnover
2.73 2.68 2.71 2.71 2.61 2.74 2.93 2.87 2.95 - 3.57
Days Sales Outstanding (DSO)
81.19 84.68 76.94 77.88 74.85 81.80 69.30 68.48 65.11 - 65.15
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)
133.81 136.22 134.55 134.91 139.78 133.38 124.77 127.15 123.67 - 102.27
Cash Conversion Cycle (CCC)
-52.62 -51.54 -57.61 -57.03 -64.93 -51.58 -55.46 -58.67 -58.56 - -37.12
Capital & Investment Metrics
- - - - - - - - - - -
Invested Capital
1,878 1,355 1,986 1,977 1,936 1,129 2,036 2,028 1,989 1,161 2,172
Invested Capital Turnover
1.28 1.65 1.26 1.27 1.37 2.21 1.42 1.49 1.61 - 1.65
Increase / (Decrease) in Invested Capital
103 -283 -4.05 -50 58 -226 50 51 53 32 136
Enterprise Value (EV)
2,407 2,501 3,165 3,354 4,462 2,885 3,759 4,340 5,317 - 4,679
Market Capitalization
1,103 1,870 1,905 1,760 2,669 2,187 2,196 2,242 3,296 - 2,765
Book Value per Share
$6.86 $7.26 $7.13 $6.97 $6.81 $7.05 $7.32 $6.94 $7.74 $8.10 $7.58
Tangible Book Value per Share
$1.93 $2.27 $2.19 $2.05 $1.83 $2.16 $2.68 $2.34 $3.03 $3.23 $2.85
Total Capital
2,728 2,142 2,730 3,074 3,249 2,209 3,152 3,687 3,728 2,424 3,648
Total Debt
1,214 547 1,164 1,538 1,756 671 1,592 2,162 2,097 672 1,957
Total Long-Term Debt
475 547 670 745 770 671 771 871 746 672 832
Net Debt
981 289 925 1,260 1,472 366 1,324 1,852 1,758 322 1,622
Capital Expenditures (CapEx)
10 12 7.04 9.27 9.18 6.02 5.44 6.50 7.73 9.69 10
Debt-free, Cash-free Net Working Capital (DFCFNWC)
393 -242 262 579 733 -313 577 1,066 1,082 -251 963
Debt-free Net Working Capital (DFNWC)
627 17 500 857 1,017 -7.76 844 1,376 1,421 98 1,298
Net Working Capital (NWC)
-113 17 7.05 64 31 -7.76 23 85 70 98 173
Net Nonoperating Expense (NNE)
4.74 -1.94 10 5.96 5.77 5.65 3.69 7.90 6.04 5.01 5.73
Net Nonoperating Obligations (NNO)
364 -240 419 441 444 -409 476 503 358 -591 480
Total Depreciation and Amortization (D&A)
70 58 75 72 74 77 79 81 85 91 80
Debt-free, Cash-free Net Working Capital to Revenue
16.87% -9.80% 10.49% 22.77% 28.03% -11.42% 20.18% 35.73% 34.23% - 27.71%
Debt-free Net Working Capital to Revenue
26.89% 0.67% 20.05% 33.70% 38.92% -0.28% 29.55% 46.11% 44.95% - 37.35%
Net Working Capital to Revenue
-4.83% 0.67% 0.28% 2.53% 1.19% -0.28% 0.81% 2.84% 2.23% - 4.99%
Earnings Adjustments
- - - - - - - - - - -
Adjusted Basic Earnings per Share
$0.06 $0.21 ($0.09) $0.08 $0.10 $0.27 ($0.05) $0.12 $0.26 $0.38 $0.08
Adjusted Weighted Average Basic Shares Outstanding
174.13M 173.48M 174.77M 173.47M 170.09M 172.18M 176.35M 179.56M 177.23M 178.46M 182.65M
Adjusted Diluted Earnings per Share
$0.06 $0.20 ($0.09) $0.08 $0.10 $0.25 ($0.05) $0.11 $0.25 $0.37 $0.08
Adjusted Weighted Average Diluted Shares Outstanding
247.24M 176.38M 174.77M 255.60M 254.97M 177.69M 176.35M 252.61M 251.67M 253.45M 256.04M
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 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding
172.69M 172.67M 172.49M 171.84M 171.08M 180.46M 184.55M 176.71M 180.41M 184.44M 177.53M
Normalized Net Operating Profit after Tax (NOPAT)
17 45 -16 25 30 69 -12 37 64 88 22
Normalized NOPAT Margin
2.74% 6.03% -2.89% 4.00% 4.36% 7.93% -1.84% 4.93% 7.47% - 2.64%
Pre Tax Income Margin
3.65% 11.03% -5.46% 5.13% 4.84% 10.94% -3.91% 4.44% 8.94% - 2.37%
Debt Service Ratios
- - - - - - - - - - -
EBIT to Interest Expense
0.00 0.00 -3.13 0.00 0.00 0.00 0.00 0.00 0.00 - 0.00
NOPAT to Interest Expense
0.00 0.00 -2.19 0.00 0.00 0.00 0.00 0.00 0.00 - 0.00
EBIT Less CapEx to Interest Expense
0.00 0.00 -4.11 0.00 0.00 0.00 0.00 0.00 0.00 - 0.00
NOPAT Less CapEx to Interest Expense
0.00 0.00 -3.17 0.00 0.00 0.00 0.00 0.00 0.00 - 0.00
Payout Ratios
- - - - - - - - - - -
Dividend Payout Ratio
282.46% 91.80% 118.45% 86.92% 75.94% 69.34% 59.52% 60.03% 41.64% - 23.61%
Augmented Payout Ratio
499.26% 151.81% 260.77% 267.64% 326.51% 317.99% 242.51% 300.75% 156.19% - 163.72%

Financials Breakdown Chart

Key Financial Trends

Newmark Group (NASDAQ: NMRK) has shown a clear pattern of improving profitability and stronger cash generation across the last four years of quarterly results. Revenue has trended up, gross margins have remained solid, and operating cash flow has strengthened notably. The balance sheet remains liquid with substantial cash on hand, though the company carries a meaningful level of short-term debt and active financing activity in recent quarters. Below are the most notable trends and datapoints to consider.

  • Consistent revenue growth across the period: Q4 2025 revenue of 1.0056B vs 0.8727B (Q4 2024), 0.7474B (Q4 2023), and 0.6073B (Q4 2022). This demonstrates multi-year top-line expansion.
  • Healthy gross margins maintained: Gross margin around the low 40s percent (approx. 42% in recent quarters), with modest variation (e.g., Q4 2025 gross profit 423.3M on 1.0059B revenue; Q4 2024 gross profit 372.3M on 872.7M revenue).
  • Operating profitability improving trend: Total Operating Income rose from about 79.4M in Q4 2023 to 103.9M in Q4 2024 and 123.6M in Q4 2025, signaling improving operating leverage as revenue grows.
  • Net income per share dynamics favorable: Net income attributable to common shareholders rose to 67.98M in Q4 2025, with basic EPS around 0.38 and diluted EPS around 0.37, reflecting improving profitability on a per-share basis.
  • Strong operating cash flow generation: Net cash from continuing operating activities increased meaningfully to 618.5M in Q4 2025 from 219.98M (Q4 2023) and 402.58M (Q4 2024), indicating robust cash conversion.
  • Liquidity remains solid: Cash & equivalents around 2.44B as of the latest quarter (Q3 2025 balance sheet), plus manageable restricted cash, providing ample liquidity for near-term obligations.
  • Investing activity shows upside via asset sales: Notable inflow from sale/maturity of investments (e.g., 114M in Q4 2025), contributing to overall cash availability alongside ongoing capex discipline.
  • Asset base and equity position stable-to-improving: Total assets around 5.46B (Q3 2025) with total equity near 1.62B (Q3 2025), indicating a solid capital base that supports growth and liquidity.
  • Dividend policy modest and consistent: Cash dividends per share around 0.03 USD, signaling ongoing shareholder return without excessive yield impact relative to cash flow.
  • Elevated short-term debt and financing activity risk: Short-term debt hovered around roughly 1.3B in mid-2025, indicating a meaningful near-term leverage that could be sensitive to interest rate shifts or refinancing needs.
  • Net cash from financing activities often negative due to debt activity: In some quarters 2025 showed negative net cash from financing activities, reflecting debt repayments alongside new issuances, which pressures near-term cash flow despite strong operating cash flow.
05/14/26 06:07 PM ETAI Generated. May Contain Errors.

Newmark Group Financials - Frequently Asked Questions

According to the most recent income statement we have on file, Newmark Group's financial year ends in December. Their financial year 2025 ended on December 31, 2025.

Newmark Group's net income were at $155.45 million at the end of 2025, a 81.8% increase from 2024, and a 7.0% decrease since 2016. View Newmark Group's forecast to see where analysts expect Newmark Group to go next.

Newmark Group's total operating income in 2025 was $234.00 million, based on the following breakdown:
  • Total Gross Profit: $1.35 billion
  • Total Operating Expenses: $873.55 million

Over the last 9 years, Newmark Group's total revenue changed from $1.35 billion in 2016 to $3.29 billion in 2025, a change of 144.0%.

Newmark Group's total liabilities were at $3.27 billion at the end of 2025, a 3.0% increase from 2024, and a 61.0% increase since 2017.

In the past 8 years, Newmark Group's cash and equivalents has ranged from $121.03 million in 2017 to $233.02 million in 2022, and is currently $229.11 million as of their latest financial filing in 2025.

Over the last 9 years, Newmark Group's book value per share changed from 0.00 in 2016 to 8.10 in 2025, a change of 810.1%.



Financial statements for NASDAQ:NMRK last updated on 5/13/2026 by MarketBeat.com Staff. New filings and market data are monitored continuously.
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