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MMI - Marcus & Millichap, Inc.

NYSE -> Real Estate -> Real Estate Services
Calabasas, United States
Type: Equity

MMI price evolution
MMI
(in millions $) 31 Jan 2024 30 Sep 2023 30 Jun 2023 31 Mar 2023
Current assets
Cash $170.75 $224.17 $171.22 $228.03
Short term investments $172.46 $120.28 $3.5 $135.56
Net receivables $16.17 $14.75 $9.95 $9.78
Inventory
Total current assets $393.69 $389.86 $381.74 $405.22
Long term investments $243.29 $249.46 $181.94 $249.94
Property, plant & equipment $117.51 $124.97 $131.2 $136.11
Goodwill & intangible assets $51.18 $52.09 $53.52 $54.55
Total noncurrent assets $484.72 $492.25 $501.77 $505.27
Total investments $415.74 $369.74 $185.44 $385.5
Total assets $878.41 $882.11 $883.51 $910.49
Current liabilities
Accounts payable $8.13 $9.15 $11.89 $12.39
Deferred revenue
Short long term debt $18.34 $18.27 $17.84 $16.91
Total current liabilities $105.27 $103.36 $89.07 $102.92
Long term debt $69.41 $73.92 $78.71 $82.77
Total noncurrent liabilities $127.87 $129.4 $130.53 $125.42
Total debt $87.74 $92.2 $96.55 $99.68
Total liabilities $233.14 $232.76 $219.59 $228.33
Shareholders' equity
Retained earnings $492.3 $507.05 $526.37 $551.7
Other shareholder equity -$0.77 -$2.92 -$2.6 -$2.45
Total shareholder equity $645.27 $649.35 $663.92 $682.16
(in millions $) 31 Jan 2024 31 Jan 2023 31 Dec 2021 31 Dec 2020
Current assets
Cash $170.75 $235.87 $382.14 $243.15
Short term investments $172.46 $257.44 $190.27 $160.67
Net receivables $16.17 $17.14 $17.23 $10.39
Inventory
Total current assets $393.69 $527.14 $608.13 $429.08
Long term investments $243.29 $238.55 $225.85 $154.69
Property, plant & equipment $117.51 $115.59 $104.72 $107.46
Goodwill & intangible assets $51.18 $55.7 $48.1 $52.05
Total noncurrent assets $484.72 $476.57 $437.07 $350.04
Total investments $415.74 $495.99 $416.12 $315.36
Total assets $878.41 $1003.71 $1045.2 $779.12
Current liabilities
Accounts payable $8.13 $11.45 $24.27 $18.29
Deferred revenue
Short long term debt $18.34 $16.98 $18.97 $19.19
Total current liabilities $105.27 $152.01 $225.63 $120.32
Long term debt $69.41 $65.11 $58.33 $59.41
Total noncurrent liabilities $127.87 $138.18 $123.26 $111.97
Total debt $87.74 $82.09 $77.31 $78.6
Total liabilities $233.14 $290.2 $348.89 $232.29
Shareholders' equity
Retained earnings $492.3 $585.58 $573.55 $431.08
Other shareholder equity -$0.77 -$3.62 $0.91 $2.57
Total shareholder equity $645.27 $713.51 $696.3 $546.84
(in millions $) 31 Jan 2024 30 Sep 2023 30 Jun 2023 31 Mar 2023
Revenue
Total revenue $162.03 $162.87 $154.79
Cost of revenue $104.63 $101.16 $95.43
Gross Profit $57.4 $61.7 $59.37
Operating activities
Research & development
Selling, general & administrative $69.19 $68.91 $72.22
Total operating expenses $72.83 $72.38 $75.43
Operating income -$15.43 -$10.68 -$16.06
Income from continuing operations
EBIT -$11.01 -$5.79 -$11.25
Income tax expense -$2.01 $2.73 -$5.63
Interest expense $0.24 $0.22 $0.21
Net income
Net income -$9.24 -$8.73 -$5.83
Income (for common shares) -$9.24 -$8.73 -$5.83
(in millions $) 31 Dec 2023 31 Dec 2022 31 Jan 2022 31 Dec 2020
Revenue
Total revenue $645.93 $1301.71 $716.91
Cost of revenue $406.64 $850.89 $447.88
Gross Profit $239.28 $450.82 $269.03
Operating activities
Research & development
Selling, general & administrative $285.02 $300.01 $204.51
Total operating expenses $298.65 $313.42 $215.41
Operating income -$59.37 $137.4 $53.61
Income from continuing operations
EBIT -$39.51 $142.74 $60.26
Income tax expense -$6.37 $37.8 $16.53
Interest expense $0.89 $0.71 $0.9
Net income
Net income -$34.03 $104.22 $42.84
Income (for common shares) -$34.03 $104.22 $42.84
(in millions $) 31 Dec 2023 30 Sep 2023 30 Jun 2023 31 Mar 2023
Net income -$10.23 -$9.24 -$8.73 -$5.83
Operating activities
Depreciation $10.84 $9.53 $10.39 $9.21
Business acquisitions & disposals
Stock-based compensation $8.34 $5.45 $5.35 $5.01
Total cash flows from operations $14.68 $7.66 $6.43 -$101.21
Investing activities
Capital expenditures -$1.68 -$2.22 -$2.61 -$2.86
Investments -$52.19 $48.58 -$32.38 $120.22
Total cash flows from investing -$53.87 $46.36 -$34.98 $117.36
Financing activities
Dividends paid -$9.66 -$0.11 -$9.89 -$0.44
Sale and purchase of stock -$4.24 -$17.84 -$16.7
Net borrowings
Total cash flows from financing -$14.36 -$0.95 -$28.36 -$24.02
Effect of exchange rate $0.12 -$0.12 $0.1 $0.02
Change in cash and equivalents -$53.42 $52.95 -$56.81 -$7.85
(in millions $) 31 Dec 2023 31 Dec 2022 31 Dec 2021 31 Dec 2020
Net income -$34.03 $104.22 $142.47 $42.84
Operating activities
Depreciation $39.98 $36.52 $35.45 $33.72
Business acquisitions & disposals -$12.5 $0.23 -$16.3
Stock-based compensation $24.15 $17.31 $10.36 $9.9
Total cash flows from operations -$72.43 $13.63 $255.9 $38.09
Investing activities
Capital expenditures -$9.37 -$11.67 -$6.86 -$6.95
Investments $84.24 -$29.81 -$101.73 $6.01
Total cash flows from investing $74.87 -$53.98 -$108.36 -$17.23
Financing activities
Dividends paid -$20.1 -$60.36
Sale and purchase of stock -$38.78 -$28.34 $0.65 $0.64
Net borrowings -$6.56
Total cash flows from financing -$67.68 -$105.56 -$5.92 -$10.33
Effect of exchange rate $0.12 -$0.37 -$2.64 -$0.05
Change in cash and equivalents -$65.12 -$146.27 $138.99 $10.48
Fundamentals
Market cap $1.29B
Enterprise value $1.21B
Shares outstanding 38.41M
Revenue N/A
EBITDA N/A
EBIT N/A
Net Income N/A
Revenue Q/Q N/A
Revenue Y/Y N/A
P/E ratio N/A
EV/Sales N/A
EV/EBITDA N/A
EV/EBIT N/A
P/S ratio N/A
P/B ratio 2.00
Book/Share 16.82
Cash/Share 4.45
EPS N/A
ROA N/A
ROE N/A
Debt/Equity 0.36
Net debt/EBITDA N/A
Current ratio 3.74
Quick ratio 3.74