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Newmark Group Inc

Real Estate US NMRK

14.54USD
-0.4(2.68%)

Last update at 2024-10-07T18:54:00Z

Day Range

14.5414.89
LowHigh

52 Week Range

5.0411.48
LowHigh

Fundamentals

  • Previous Close 14.94
  • Market Cap2464.78M
  • Volume537669
  • P/E Ratio48.57
  • Dividend Yield1.15%
  • EBITDA288.86M
  • Revenue TTM2496.07M
  • Revenue Per Share TTM14.34
  • Gross Profit TTM 2705.53M
  • Diluted EPS TTM0.21

Financials

Income Statement

Balancesheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Income before tax 157.23M 1221.09M 146.27M 214.15M 282.38M
Minority interest -29.60600M -227.40600M 29.22M 362.48M 515.40M
Net income 115.82M 750.73M 109.28M 161.71M 106.73M
Selling general administrative 2253.81M 2738.86M 1572.52M 1896.68M 1718.39M
Selling and marketing expenses - - - - 26.16M
Gross profit 2705.53M 2906.44M 1905.00M 942.14M 891.75M
Reconciled depreciation 165.82M 121.73M 141.19M 131.14M 97.73M
Ebit 188.20M 1254.56M 184.00M 165.28M 205.30M
Ebitda 354.02M 1376.29M 325.19M 296.43M 303.03M
Depreciation and amortization 165.82M 121.73M 141.19M 131.14M 97.73M
Non operating income net other - - - - -
Operating income 188.20M 1254.56M 184.00M 165.28M 332.59M
Other operating expenses 2419.63M 2884.38M 1736.29M 2052.85M 1842.28M
Interest expense 30.97M 33.47M 37.73M -32.08800M 58.40M
Tax provision 41.41M 242.96M 36.99M 52.44M 90.49M
Interest income - - - 32.09M 8.50M
Net interest income -30.97000M -33.47300M -37.72800M -32.08800M -50.20500M
Extraordinary items - - - - -
Non recurring - - - - -
Other items - - - - -
Income tax expense 41.41M 242.96M 36.99M 52.44M 90.49M
Total revenue 2705.53M 2906.44M 1905.00M 2218.13M 2047.58M
Total operating expenses 2419.63M 2884.38M 1736.29M 2052.85M 1842.28M
Cost of revenue - 915.72M - 1275.99M 1155.83M
Total other income expense net -30.97000M -33.47300M -37.72800M 48.87M 127.29M
Discontinued operations - - - - -
Net income from continuing ops 115.82M 978.13M 109.28M 161.71M 191.90M
Net income applicable to common shares 83.28M 750.73M 70.28M 104.41M 101.64M
Preferred stock and other adjustments - - - - -
Breakdown 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Type yearly yearly yearly yearly yearly
Date 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Total assets 4552.32M 3941.96M 5216.71M 3982.45M 3201.54M
Intangible assets 614.83M 649.52M 626.50M 539.02M 458.87M
Earning assets - - - - -
Other current assets -1532.51000M 100.19M 82.04M 63.79M 91.19M
Total liab 2957.40M 2397.27M 3529.93M 3041.26M 2239.39M
Total stockholder equity 1269.17M 1544.68M 1686.78M 941.19M 962.14M
Deferred long term liab - - - - -
Other current liab 21.33M 379.47M 13.72M 59.91M 38.77M
Common stock 2.31M 2.22M 2.15M 1.89M 1.82M
Capital stock 2.31M 2.22M 2.15M 1.89M 1.82M
Retained earnings 1166.67M 1145.01M 1079.66M 342.76M 313.11M
Other liab - 196.20M 215.26M 436.95M 376.83M
Good will 776.55M 705.89M 657.13M 560.33M 557.91M
Other assets 80.75M 615.13M 667.12M 1429.11M 617.53M
Cash 258.71M 233.02M 180.13M 191.45M 163.56M
Cash and equivalents - - - - -
Total current liabilities 1489.60M 1029.02M 2182.85M 1705.29M 1045.33M
Current deferred revenue 589.43M - 460.61M 224.35M 343.17M
Net debt 1498.96M 1079.26M 2142.39M 1802.05M 900.05M
Short term debt 612.36M 137.41M 1190.70M 1094.48M 246.38M
Short long term debt 498.63M 137.41M 1190.70M 1094.48M 246.38M
Short long term debt total 1757.66M 1312.28M 2322.52M 1993.49M 1063.62M
Other stockholder equity 88.50M 409.44M 607.70M 598.63M 647.21M
Property plant equipment - 155.64M 742.90M 96.37M 299.68M
Total current assets 1506.10M 1076.02M 2523.05M 1819.07M 1073.53M
Long term investments 4.90M 568.55M 550.30M 494.73M 194.08M
Net tangible assets - 411.02M 403.15M 70.47M -417.12000M
Short term investments 0.10M 0.79M 524.57M 33.28M 36.80M
Net receivables 1273.70M 523.74M 588.67M 376.80M 508.38M
Long term debt 547.26M 547.78M 545.24M 680.38M 589.29M
Inventory - 218.28M 1147.65M 1153.76M 273.60M
Accounts payable 266.49M 512.14M 517.82M 326.55M 417.01M
Total permanent equity - - - - -
Noncontrolling interest in consolidated entity - 343.53M 386.27M 266.10M -
Temporary equity redeemable noncontrolling interests - - - - -
Accumulated other comprehensive income -4.55500M -11.98900M -2.73100M -2.09400M -66.23200M
Additional paid in capital - - - - -
Common stock total equity - 2.22M 3.72M 1.89M 1.82M
Preferred stock total equity - - - - -
Retained earnings total equity - 1145.01M 1079.66M 342.76M -
Treasury stock - - - - -34.89400M
Accumulated amortization - - - - -
Non currrent assets other 613.82M 521.64M 488.61M 478.67M 434.69M
Deferred long term asset charges - - - - -
Non current assets total 2965.47M 2865.94M 2693.66M 2163.38M 2128.01M
Capital lease obligations 705.13M 627.09M 586.58M 218.63M 227.94M
Long term debt total - - 545.24M 680.38M 589.29M
Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Investments 308.63M 453.09M 22.07M -56.78800M 95.88M
Change to liabilities -142.96000M -4.39900M -183.77300M 17.83M 203.08M
Total cashflows from investing activities 308.63M 453.09M -3.60200M -56.78800M 7.74M
Net borrowings -918.34100M -43.77900M 937.49M -676.00400M -16.92900M
Total cash from financing activities -1458.52000M -396.27800M 817.82M -895.50600M 338.66M
Change to operating activities -212.65800M -153.93600M -203.34800M -138.86200M -69.29500M
Net income 112.55M 978.13M 109.28M 161.71M 191.90M
Change in cash 46.45M -3.10000M 36.53M 34.47M 14.03M
Begin period cash flow 266.50M 258.40M 221.87M 187.41M 173.37M
End period cash flow 312.95M 255.30M 258.40M 221.87M 187.41M
Total cash from operating activities 1196.34M -59.91000M -777.69400M 986.76M -332.36700M
Issuance of capital stock - - - - 504.13M
Depreciation 165.82M 121.73M 141.19M 131.14M 97.73M
Other cashflows from investing activities -66.97000M 453.09M -6.05000M -56.78800M -67.12000M
Dividends paid -17.93300M -7.63100M -23.17100M -69.24500M 41.79M
Change to inventory - -70.69900M -127.97900M -251.70500M -119.49300M
Change to account receivables 42.44M -191.27100M 123.74M -52.02100M -129.49000M
Sale purchase of stock -294.80200M -290.53800M -6.36400M -37.36800M -0.48600M
Other cashflows from financing activities 7730.71M -54.33000M -94.19600M -76.15400M 9415.53M
Change to netincome 1004.45M -932.36500M -816.28700M 916.12M -629.63600M
Capital expenditures 62.19M 19.72M 19.83M 36.02M 24.12M
Change receivables -80.89800M -278.02600M -4.17400M - -239.05900M
Cash flows other operating 53.28M -909.79200M -97.52600M - 186.14M
Exchange rate changes - - - - -
Cash and cash equivalents changes 46.45M 8.10M 36.53M - 12.03M
Change in working capital -205.54700M -349.60600M -162.02000M -173.05500M -45.90000M
Stock based compensation 138.31M 356.35M 130.76M 258.84M 224.64M
Other non cash items 1009.72M -1285.16100M -997.32200M 635.98M -817.12900M
Free cash flow 1134.15M -79.63100M -797.52000M 950.75M -356.49000M

Peer Comparison

Sector: Real Estate Industry: Real Estate Services

Company Change (USD) Price (USD) Trailing PE (x) Forward PE (x) Price Sales TTM (x) Price to Book Value (x) Enterprise Value to Revenue (x) Enterprise Value to EBITDA (x)
NMRK
Newmark Group Inc
-0.4 2.68% 14.54 48.57 5.74 1.01 1.42 1.36 11.53
MSGNF
Man Sang International Limited
- -% 0.12 - - 844.75 3.95 3.76 -1.3608
CSGP
CoStar Group Inc
-1.14 1.54% 72.96 115.64 227.27 15.03 5.03 13.36 84.12
CBRE
CBRE Group Inc Class A
-2.53 2.09% 118.31 48.39 21.28 0.89 3.56 1.02 22.10
CLLNY
Cellnex Telecom S.A
-0.42 2.11% 19.48 - 147.06 7.53 1.81 13.65 18.14

Reports Covered

Stock Research & News

Profile

Newmark Group, Inc. provides commercial real estate services in the United States, the United Kingdom, and internationally. The company offers capital markets consisting of investment sales and commercial mortgage brokerage; landlord or agency representation leasing; valuation and advisory; property management; commercial real estate technology platform and capabilities; the United Kingdom business rates services; due diligence, consulting, and other advisory services; GSEs and the Federal Housing Administration lending services comprising multifamily lending and loan servicing; asset management; and flexible workspace solutions for owners. It also provides tenant representation leasing; and global corporate services consisting of workplace and occupancy strategy, energy and sustainability services, technology, project management, real estate and lease administration, and facilities management. The company offers its services to commercial real estate tenants, investors, owners, occupiers, and developers; lenders; small and medium size businesses; and multi-national corporations. The company was formerly known as Newmark Grubb Knight Frank Capital Group and changed its name to Newmark Group, Inc. in October 2017. Newmark Group, Inc. was founded in 1929 and is based in New York, New York. Newmark Group, Inc.operates as a subsidiary of Cantor Fitzgerald, L.P.

Newmark Group Inc

125 Park Avenue, New York, NY, United States, 10017

Key Executives

Name Title Year Born
Mr. Howard W. Lutnick Chairman & PEO 1962
Mr. Barry M. Gosin Chief Exec. Officer 1951
Mr. Michael J. Rispoli CPA Chief Financial Officer 1972
Mr. Stephen Marcus Merkel Exec. VP, Chief Legal Officer & Assistant Corp. Sec. 1959
Mr. James D. Kuhn FRICS Pres & Head of Investor Services NA
Mr. Sridhar Potineni Chief Information Officer NA
Mr. Roger Ethan Anscher J.D. Chief Admin. Officer NA
Mr. Jason Edward Harbes VP of Investor Relations NA
Mr. Jason A. McGruder Head of Investor Relations NA
Ms. Karen Laureano-Rikardsen Chief Communications Officer NA

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