Marcus & Millichap Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	106.32	153.45	170.75	235.87	382.14	243.15
Short-Term Investments	135.36	196.01	178.38	253.43	183.87	158.26
Cash & Short-Term Investments	241.69	349.46	349.13	489.31	566.01	401.41
Cash Growth	-19.46%	0.09%	-28.65%	-13.55%	41.01%	4.69%
Accounts Receivable	17.93	18.8	16.17	8.45	17.23	10.39
Other Receivables	10.67	9.34	11.02	9.45	-	-
Receivables	28.75	28.17	27.23	17.91	17.27	10.58
Prepaid Expenses	8.87	9.31	8.81	9.41	13.22	10.15
Other Current Assets	19.47	23.38	8.52	10.52	11.63	6.94
Total Current Assets	309.81	410.32	393.69	527.14	608.13	429.08
Property, Plant & Equipment	99.74	107.26	117.51	115.59	104.72	107.46
Long-Term Investments	144.22	60.65	72.54	78.1	122.11	47.77
Goodwill	37.78	37.6	38.05	37.91	34.07	33.38
Other Intangible Assets	4.25	5.92	13.14	17.78	15.89	20.58
Long-Term Deferred Tax Assets	48.71	48.08	46.93	41.32	33.74	21.37
Other Long-Term Assets	167.97	199.89	196.53	185.87	126.54	119.24
Total Assets	812.49	869.8	878.41	1,004	1,045	779.12
Accounts Payable	14.72	13.74	8.12	11.37	15.39	10.03
Accrued Expenses	60.95	92.68	74.9	113.73	164.63	79.2
Current Portion of Leases	19.28	18.52	18.34	16.98	18.97	19.19
Current Income Taxes Payable	-	-	-	-	17.85	3.73
Other Current Liabilities	18.24	8.08	3.92	9.93	8.78	8.17
Total Current Liabilities	113.19	133.02	105.27	152.02	225.63	120.32
Long-Term Leases	59.28	65.7	69.41	65.11	58.33	59.41
Other Long-Term Liabilities	37.79	40.26	58.46	73.08	64.93	52.56
Total Liabilities	210.25	238.98	233.14	290.2	348.89	232.29
Common Stock	0	0	0	0	0	0
Additional Paid-In Capital	186.78	173.34	153.74	131.54	121.84	113.18
Retained Earnings	415.29	458.91	492.3	585.58	573.55	431.08
Comprehensive Income & Other	0.17	-1.43	-0.77	-3.62	0.91	2.57
Shareholders' Equity	602.24	630.82	645.27	713.51	696.3	546.84
Total Liabilities & Equity	812.49	869.8	878.41	1,004	1,045	779.12
Total Debt	78.56	84.22	87.74	82.09	77.31	78.6
Net Cash (Debt)	297.85	316.38	328.85	475.81	601.31	370.59
Net Cash Growth	12.21%	-3.79%	-30.89%	-20.87%	62.26%	3.88%
Net Cash Per Share	7.65	8.18	8.51	11.84	14.96	9.33
Filing Date Shares Outstanding	38.91	38.87	38.4	39.23	39.68	39.39
Total Common Shares Outstanding	39.05	38.84	38.4	39.24	39.68	39.39
Working Capital	196.62	277.3	288.43	375.13	382.5	308.76
Book Value Per Share	15.42	16.24	16.80	18.18	17.55	13.88
Tangible Book Value	560.22	587.3	594.09	657.81	646.34	492.89
Tangible Book Value Per Share	14.35	15.12	15.47	16.76	16.29	12.51
Machinery	25.07	24.94	26.1	26.45	24.51	23.42

Source: S&P Global Market Intelligence. Standard template. Financial Sources.