Marcus & Millichap, Inc. (MMI)
NYSE: MMI · Real-Time Price · USD
31.12
-0.15 (-0.48%)
Sep 2, 2026, 3:25 PM EDT - Market open
Marcus & Millichap Cash Flow Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Operating Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | 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 |
Net Income | 14.36 | -1.91 | -12.36 | -34.04 | 104.23 | 142.47 |
Depreciation & Amortization | 10.84 | 12.1 | 13.19 | 13.63 | 13.41 | 11.72 |
Asset Writedown & Restructuring Costs | - | - | 3.4 | - | - | - |
Loss (Gain) From Sale of Investments | - | -0.01 | - | 0.19 | -0.09 | -0.22 |
Stock-Based Compensation | 25.22 | 24.23 | 23.79 | 24.15 | 17.31 | 10.36 |
Provision & Write-off of Bad Debts | -0.43 | -0.03 | 0.58 | -0.13 | -0.05 | 0.17 |
Other Operating Activities | 29.31 | 26.71 | 22.1 | 19.54 | 16.6 | 16.35 |
Change in Accounts Receivable | 3.1 | 4.44 | -3.45 | -7.59 | 8.45 | -10.83 |
Change in Accounts Payable | -1.06 | -3.59 | 5.69 | -2.96 | -4.07 | 9.78 |
Change in Income Taxes | 3.01 | 4.07 | 3.27 | -0.62 | -26.54 | 14.13 |
Change in Other Net Operating Assets | 8.74 | 0.65 | -34.49 | -84.61 | -115.62 | 61.98 |
Operating Cash Flow | 93.09 | 66.66 | 21.71 | -72.43 | 13.63 | 255.9 |
Operating Cash Flow Growth | 132.35% | 206.98% | - | - | -94.67% | 571.87% |
Investing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | 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 |
Capital Expenditures | -8.57 | -7.87 | -7.87 | -9.37 | -11.67 | -6.86 |
Cash Acquisitions | - | - | - | - | -12.5 | 0.23 |
Investment in Securities | 53.35 | 4.15 | -1.95 | 84.33 | -29.81 | -101.98 |
Other Investing Activities | -0.03 | -0.11 | -0.08 | -0.09 | -0 | 0.25 |
Investing Cash Flow | 44.76 | -3.82 | -9.9 | 74.87 | -53.98 | -108.36 |
Financing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | 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 |
Issuance of Common Stock | 0.92 | 0.82 | 0.85 | 0.66 | 0.71 | 0.65 |
Repurchase of Common Stock | -47.76 | -31.23 | -6.66 | -43.88 | -38.79 | -3.35 |
Common Dividends Paid | -20.33 | -20.55 | -20.23 | -20.1 | -60.36 | - |
Other Financing Activities | -2.83 | -3.62 | -2.72 | -4.36 | -7.11 | -3.22 |
Financing Cash Flow | -70 | -54.58 | -28.76 | -67.68 | -105.56 | -5.92 |
Net Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | 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 |
Foreign Exchange Rate Adjustments | -0.28 | 0.22 | -0.37 | 0.12 | -0.37 | -2.64 |
Net Cash Flow | 67.56 | 8.48 | -17.31 | -65.12 | -146.27 | 138.99 |
Free Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | 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 |
Free Cash Flow | 84.52 | 58.79 | 13.84 | -81.8 | 1.96 | 249.05 |
Free Cash Flow Growth | 154.10% | 324.72% | - | - | -99.21% | 699.69% |
Free Cash Flow Margin | 10.41% | 7.78% | 1.99% | -12.66% | 0.15% | 19.21% |
Free Cash Flow Per Share | 2.19 | 1.51 | 0.36 | -2.12 | 0.05 | 6.20 |
Levered Free Cash Flow | 68.31 | 17.24 | 8.64 | -64.08 | 37.15 | 224.29 |
Unlevered Free Cash Flow | 68.73 | 17.72 | 9.15 | -63.53 | 37.59 | 224.65 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | 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 Interest Paid | 0.39 | 0.48 | 0.58 | 0.48 | 0.61 | 0.75 |
Cash Income Tax Paid | 4.16 | 0.42 | 0.47 | 0.67 | 69.85 | 48.56 |
Change in Working Capital | 13.79 | 5.57 | -28.98 | -95.77 | -137.78 | 75.06 |