Newmark Group, Inc. (NMRK)

Newmark Group Income Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Operating Revenue	1,888	1,810	1,741	1,743	1,140	2,020
Other Revenue	725.37	659.9	964.17	1,164	765.02	198.09
Revenue	2,613	2,470	2,706	2,906	1,905	2,218
Revenue Growth (YoY)	12.15%	-8.69%	-6.91%	52.57%	-14.12%	8.33%
Gross Profit	2,613	2,470	2,706	2,906	1,905	2,218
Selling, General & Admin	2,309	2,185	2,242	2,763	1,590	1,922
Other Operating Expenses	-20.33	-9.28	0.85	-4.62	9.9	0.99
Operating Expenses	2,458	2,339	2,395	2,880	1,735	2,049
Operating Income	154.74	131.44	310.82	26.69	169.9	169.29
Interest Expense	-50.19	-42.73	-39.5	-39.58	-43.87	-39.01
Interest & Investment Income	29.93	21	8.53	6.1	6.5	7.55
Earnings From Equity Investments	-	14.22	2.84	-	-11.56	7.25
Other Non Operating Income (Expenses)	-0.1	-	-	-	-0.35	-0.63
EBT Excluding Unusual Items	134.39	123.92	282.69	-6.78	120.61	144.45
Gain (Loss) on Sale of Investments	-3.89	-4.48	-101.02	120.27	-95.07	-23.16
Asset Writedown	-11.5	-10.8	-28.4	-	-11.1	-5
Other Unusual Items	-0.76	-5.17	1.33	1,108	131.82	97.85
Pretax Income	118.24	103.48	154.6	1,221	146.27	214.15
Income Tax Expense	43.46	41.1	42.05	242.96	36.99	52.44
Earnings From Continuing Operations	74.78	62.38	112.55	978.13	109.28	161.71
Minority Interest in Earnings	-22.41	-19.8	-29.27	-227.41	-29.22	-44.41
Net Income	52.37	42.58	83.28	750.73	80.06	117.31
Preferred Dividends & Other Adjustments	-	-	-	6.2	9.78	12.9
Net Income to Common	52.37	42.58	83.28	744.53	70.28	104.41
Net Income Growth	320.49%	-48.87%	-88.91%	837.71%	-31.75%	9.91%
Shares Outstanding (Basic)	173	173	180	190	179	178
Shares Outstanding (Diluted)	185	176	245	196	180	185
Shares Change (YoY)	-23.56%	-28.06%	25.21%	8.97%	-2.88%	12.95%
EPS (Basic)	0.30	0.25	0.46	3.91	0.39	0.59
EPS (Diluted)	0.30	0.24	0.45	3.80	0.39	0.58
EPS Growth	320.81%	-46.70%	-88.15%	874.36%	-33.29%	-9.29%
Free Cash Flow	-229.57	-321.32	1,134	-68.43	-797.32	952.24
Free Cash Flow Per Share	-1.24	-1.82	4.63	-0.35	-4.44	5.15
Dividend Per Share	0.120	0.120	0.120	0.040	0.040	0.400
Dividend Growth	0%	0%	200.00%	0%	-90.00%	11.11%
Gross Margin	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
Operating Margin	5.92%	5.32%	11.49%	0.92%	8.92%	7.63%
Profit Margin	2.00%	1.72%	3.08%	25.62%	3.69%	4.71%
Free Cash Flow Margin	-8.78%	-13.01%	41.92%	-2.35%	-41.85%	42.93%
EBITDA	320.56	291.56	460.53	147.12	303.8	293.44
EBITDA Margin	12.27%	11.80%	17.02%	5.06%	15.95%	13.23%
D&A For EBITDA	165.82	160.12	149.72	120.43	133.89	124.14
EBIT	154.74	131.44	310.82	26.69	169.9	169.29
EBIT Margin	5.92%	5.32%	11.49%	0.92%	8.92%	7.63%
Effective Tax Rate	36.76%	39.72%	27.20%	19.90%	25.29%	24.49%
Revenue as Reported	2,613	2,470	2,706	2,906	1,905	2,218

Source: S&P Capital IQ. Standard template. Financial Sources.