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MARKETS / NASDAQ / NMRK
NASDAQ · REAL ESTATE AGENTS & MANAGERS (FOR OTHERS) · LARGE CAP

Newmark Group, Inc. NMRK

10 fiscal years on record · USD · FY2025 reported · SEC filings only
$2.8B
▲ 21.9% YoY
$126.2M
▲ 47.6% YoY
$142.6M
In brief

What this company does

Newmark provides commercial real estate advisory and services to large institutional investors, global corporations, and other owners and occupiers. As of December 31, 2025, it had over 8,800 employees in approximately 140 offices in 120 cities. For the year ended December 31, 2025, it generated revenues of approximately $3.3 billion, primarily from commissions on leasing and capital markets transactions, mortgage origination and loan servicing fees, property and facility management fees, and consulting and technology user fees. Its top 10 clients accounted for approximately 9.1% of its total revenue on a consolidated basis for the year ended December 31, 2025. Its investor and owner services include capital markets — investment sales and commercial mortgage origination — landlord representation leasing, and GSE and FHA multifamily loan servicing. Its corporate and occupier services include tenant representation leasing and OS, covering project management, transaction management, lease administration, and facilities management. Newmark was founded in New York City in 1929.

Written from the business description in NEWMARK GROUP, INC.'s annual report to the U.S. Securities and Exchange Commission, filed 2 March 2026. Every sentence was checked against that document before publication.

Growth
USD 2.8B
Revenue, FY2025 · full 10-year series below
Revenue $B Net income $B
FY2025 · Revenue 2.8 · Net income 0.1
1B2B2016201720182019202020212022202320242025
Compound annual growth
+6.3%
+14.1%
+3.9%
+2.9%
−24.5%
+82.0%
3 yrs
5 yrs
10 yrs
15 yrs

Revenue compounded at +14.1% a year over five years — but profit grew slower: net income at +2.9%.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability
6 cents
of every revenue dollar became profit
Operating margin Net margin
FY2025 · Operating 8.4% · Net 5.6%
20%40%2016201720182019202020212022202320242025
ROE
FY2025 · ROE 9.5%
50%100%2016201720182019202020212022202320242025

Each USD of equity produced 9 cents of profit this year.

Cash & shareholders
USD 127.1M
returned in FY2025 · dividends + net buybacks
Free cash flow $B
FY2025 · FCF 0.1
0.4B0.8B-0.4B2016201720182019202020212022202320242025
Net buybacks $M Dividends $M
FY2025 · Dividends — · Net buybacks 127.1
100M200M201720182019202020212022202320242025

USD 127.1M in buybacks — 101% of the year's profit, so the payout drew on cash built up earlier.

Total assetsUSD 5.0B
EquityUSD 1.5B
CashUSD 229.1M
Gross debtUSD 671.7M
Net debtUSD 442.6M
Current ratio1.05×

Net debt stands at 30% of equity.

The 10-year record
10 fiscal years
Every figure from documents filed with the SEC · USD

EPS, diluted, dividend per share and shares outstanding are shown without shading, and a vertical line marks the year the share count changed — the series crosses a large, unexplained change in share count, so the years on either side are not on a comparable scale.

row low → row highnegative
Metric 2025202420232022202120202019201820172016
Revenue $B2.82.32.12.32.51.41.81.71.61.3
Operating income $B0.20.20.10.21.30.20.20.30.20.2
EBITDA $B0.30.20.20.21.30.20.30.30.20.2
Income tax $B0.00.00.00.00.20.00.10.10.10.0
Net income $B0.10.10.10.11.00.10.10.10.10.2
Free cash flow $B0.1−0.0−0.31.1−0.1−0.81.0−0.40.8−0.7
EPS, diluted $0.680.340.240.453.800.390.580.640.85·
Dividend / sh $0.120.120.120.12······
Payout %······0070·
ROE %9.57.05.19.2101.217.420.125.855.5·

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

Compare

This company against its peers

Provenance
Company facts, as filed
How we verify · 0 failures in 37 reconciliationsAUDITED

Reconciled in 10 of 19 fiscal years. 39 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente0 failures
ActivityReal Estate Agents & Managers (For Others)
Listed onNASDAQ
Incorporated inDelaware
Fiscal year endsDecember 31
Data on record since2016

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