Marcus & Millichap Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	150.67	153.45	170.75	235.87	382.14
Short-Term Investments	90.56	196.01	178.38	253.43	183.87
Cash & Short-Term Investments	241.23	349.46	349.13	489.31	566.01
Cash Growth	-30.97%	0.09%	-28.65%	-13.55%	41.01%
Accounts Receivable	14.85	18.8	16.17	8.45	17.23
Other Receivables	1.96	9.34	11.02	9.45	-
Receivables	16.81	28.17	27.23	17.91	17.27
Prepaid Expenses	10.42	9.31	8.81	9.41	13.22
Restricted Cash	11.25	-	-	-	-
Other Current Assets	29.49	23.38	8.52	10.52	11.63
Total Current Assets	309.21	410.32	393.69	527.14	608.13
Property, Plant & Equipment	98.21	107.26	117.51	115.59	104.72
Long-Term Investments	145.7	60.65	72.54	78.1	122.11
Goodwill	-	37.6	38.05	37.91	34.07
Other Intangible Assets	41.66	5.92	13.14	17.78	15.89
Long-Term Deferred Tax Assets	44.59	48.08	46.93	41.32	33.74
Other Long-Term Assets	187.81	199.89	196.53	185.87	126.54
Total Assets	827.18	869.8	878.41	1,004	1,045
Accounts Payable	11.02	13.74	8.12	11.37	15.39
Accrued Expenses	81.32	92.68	74.9	113.73	164.63
Current Portion of Leases	18.8	18.52	18.34	16.98	18.97
Current Income Taxes Payable	-	-	-	-	17.85
Other Current Liabilities	10.31	8.08	3.92	9.93	8.78
Total Current Liabilities	121.45	133.02	105.27	152.02	225.63
Long-Term Leases	59.46	65.7	69.41	65.11	58.33
Other Long-Term Liabilities	43.17	40.26	58.46	73.08	64.93
Total Liabilities	224.08	238.98	233.14	290.2	348.89
Common Stock	0	0	0	0	0
Additional Paid-In Capital	192.95	173.34	153.74	131.54	121.84
Retained Earnings	409.75	458.91	492.3	585.58	573.55
Comprehensive Income & Other	0.4	-1.43	-0.77	-3.62	0.91
Shareholders' Equity	603.1	630.82	645.27	713.51	696.3
Total Liabilities & Equity	827.18	869.8	878.41	1,004	1,045
Total Debt	78.26	84.22	87.74	82.09	77.31
Net Cash (Debt)	308.68	316.38	328.85	475.81	601.31
Net Cash Growth	-2.44%	-3.79%	-30.89%	-20.87%	62.26%
Net Cash Per Share	7.93	8.18	8.51	11.84	14.96
Filing Date Shares Outstanding	38.41	38.87	38.4	39.23	39.68
Total Common Shares Outstanding	38.41	38.84	38.4	39.24	39.68
Working Capital	187.76	277.3	288.43	375.13	382.5
Book Value Per Share	15.70	16.24	16.80	18.18	17.55
Tangible Book Value	561.44	587.3	594.09	657.81	646.34
Tangible Book Value Per Share	14.62	15.12	15.47	16.76	16.29
Machinery	-	24.94	26.1	26.45	24.51

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