Newmark Group (NMRK) Financials

$10.54 -0.18 (-1.63%)

As of 03:27 PM 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	2022	2023	2024
Net Income / (Loss) Attributable to Common Shareholders	83	43	61
Consolidated Net Income / (Loss)	113	62	85
Net Income / (Loss) Continuing Operations	251	202	271
Total Pre-Tax Income	155	103	131
Total Operating Income	186	125	163
Total Gross Profit	1,151	981	1,140
Total Revenue	2,706	2,470	2,739
Total Cost of Revenue	1,555	1,489	1,598
Operating Cost of Revenue	1,555	1,489	1,598
Total Operating Expenses	827	716	792
Selling, General & Admin Expense	563	564	624
Depreciation Expense	166	166	174
Other Special Charges / (Income)	98	-14	-6.68
Total Other Income / (Expense), net	-31	-22	-32
Interest & Investment Income	-31	-22	-32
Income Tax Expense	42	41	46
Net Income / (Loss) Attributable to Noncontrolling Interest	29	20	24
Other Adjustments to Net Income / (Loss) Attributable to Common Shareholders)	138	140	185
Basic Earnings per Share	$0.46	$0.25	$0.36
Weighted Average Basic Shares Outstanding	180.34M	173.48M	172.18M
Diluted Earnings per Share	$0.45	$0.24	$0.34
Weighted Average Diluted Shares Outstanding	245.18M	176.38M	177.69M
Weighted Average Basic & Diluted Shares Outstanding	173.72M	172.67M	180.46M
Cash Dividends to Common per Share	$0.10	$0.12	$0.12

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

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

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

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

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

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

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

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

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

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.

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 4/15/2025 by MarketBeat.com Staff

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Newmark Group (NMRK) Financials

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Newmark Group (NMRK) Financials

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