Newmark Group Financials
Newmark Group (NMRK) reported $3.3B in revenue for fiscal year 2025, up 20.3% from the prior fiscal year. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 10 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Operating leverage is emerging as revenue accelerates, while a thin liquidity cushion limits balance-sheet flexibility.
From FY2024 to FY2025, revenue rose20.3% while operating margin widened, indicating incremental volume reached profit more efficiently. SG&A increased10.3% , slower than revenue, supporting fixed-cost absorption as the mechanism.
In FY2024, net income of
Long-term debt was essentially flat at
Financial Health Signals
Scored against REITs for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of Newmark Group's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
Not available for Newmark Group, and counted as zero in the overall score.
Not available for Newmark Group, and counted as zero in the overall score.
Newmark Group scores 1.73, below the 1.81 distress threshold. This indicates elevated financial distress risk and warrants close attention to liquidity and debt levels.
Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.
Newmark Group passes 7 of 7 computable financial strength tests (2 of the nine could not be computed from available data). All 4 profitability signals pass (positive income, cash flow, and earnings quality), all 2 leverage/liquidity signals pass, both operating efficiency signals pass.
For every $1 of reported earnings, Newmark Group generates $1.36 in operating cash flow ($172.0M OCF vs $126.2M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.
Key Financial Metrics
Earnings & Revenue
Newmark Group generated $3.3B in revenue in fiscal year 2025. This represents an increase of 20.3% from the prior year.
Newmark Group's EBITDA was $415.3M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 23.1% from the prior year.
Newmark Group reported $126.2M in net income in fiscal year 2025. This represents an increase of 47.6% from the prior year.
Newmark Group earned $0.68 per diluted share (EPS) in fiscal year 2025. This represents an increase of 100.0% from the prior year.
Cash & Balance Sheet
Newmark Group generated $142.6M in free cash flow in fiscal year 2025, representing cash available after capex. This represents an increase of 444.1% from the prior year.
Newmark Group held $229.1M in cash against $671.7M in long-term debt as of fiscal year 2025.
Newmark Group paid $0.12 per share in dividends in fiscal year 2025. That is unchanged from the prior year.
Margins & Returns
Newmark Group's operating margin was 7.1% in fiscal year 2025, reflecting core business profitability. This is up 1.1 percentage points from the prior year.
Newmark Group's net profit margin was 3.8% in fiscal year 2025, showing the share of revenue converted to profit. This is up 0.7 percentage points from the prior year.
Newmark Group's ROE was 8.6% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is up 1.5 percentage points from the prior year.
Not reported for fiscal year 2025.
Capital Allocation
Newmark Group spent $127.1M on share buybacks in fiscal year 2025, returning capital to shareholders by reducing shares outstanding. This represents a decrease of 40.2% from the prior year.
Newmark Group invested $29.4M in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents a decrease of 6.8% from the prior year.
Not reported for fiscal year 2025.
NMRK Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | TTM | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | FY18 | FY17 | FY16 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $3.6B | $3.3B+20.3% | $2.7B+10.9% | $2.5B-8.7% | $2.7B-6.9% | $2.9B+52.6% | $1.9B-14.1% | $2.2B+8.3% | $2.0B+28.3% | $1.6B+18.3% | $1.3B |
| SG&A Expenses | $721.5M | $658.9M+10.3% | $597.6M+11.3% | $536.7M+0.3% | $534.8M-3.4% | $553.6M+88.0% | $294.4M-18.6% | $361.9M+9.1% | $331.8M+51.4% | $219.2M+18.2% | $185.3M |
| Operating Income | $276.1M | $234.0M+43.5% | $163.0M+30.2% | $125.2M-32.5% | $185.6M-85.2% | $1.3B+581.8% | $184.0M-25.3% | $246.2M-26.0% | $332.6M+66.5% | $199.8M+19.3% | $167.4M |
| Interest Expense | N/A | N/A | N/A | -$21.7M+29.8% | -$31.0M+7.5% | -$33.5M+11.3% | -$37.7M-17.6% | -$32.1M+36.1% | -$50.2M-1902.0% | $2.8M-26.4% | $3.8M |
| Income Tax | $64.9M | $46.1M+0.6% | $45.8M+11.4% | $41.1M-2.3% | $42.1M-82.7% | $243.0M+556.8% | $37.0M-29.5% | $52.4M-42.1% | $90.5M+57.4% | $57.5M+1339.5% | $4.0M |
| Net Income | $148.3M | $126.2M+47.6% | $85.5M+37.1% | $62.4M-44.6% | $112.5M-88.5% | $978.1M+795.1% | $109.3M-6.8% | $117.3M+9.9% | $106.7M-26.1% | $144.5M-14.2% | $168.4M |
| EPS (Diluted) | — | $0.68+100.0% | $0.34+41.7% | $0.24-46.7% | $0.45-88.2% | $3.80+874.4% | $0.39-32.8% | $0.58-9.4% | $0.64-24.7% | $0.85 | N/A |
Not reported in any period shown, so not listed: Cost of Revenue, Gross Profit, R&D Expenses.
TTM is the trailing twelve months, Q3 FY2025 through Q2 FY2026, summed from the four most recent quarterly filings. A row marked — cannot be summed at all, because a quarter in the window reports no per-share figure; a row marked N/A could be summed, but a quarter in the window does not report that metric.
NMRK Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | FY18 | FY17 | FY16 |
|---|---|---|---|---|---|---|---|---|---|---|
| Total Assets | $5.0B+6.6% | $4.7B+5.3% | $4.5B+13.5% | $3.9B-24.5% | $5.2B+31.0% | $4.0B+24.4% | $3.2B-7.3% | $3.5B+52.0% | $2.3B | N/A |
| Current Assets | $2.0B+13.1% | $1.8B+17.7% | $1.5B+40.0% | $1.1B-57.4% | $2.5B+38.8% | $1.8B+69.4% | $1.1B-38.9% | $1.8B+113.0% | $825.1M | N/A |
| Cash & Equivalents | $229.1M+15.9% | $197.7M+19.9% | $164.9M-29.2% | $233.0M+21.8% | $191.3M-0.1% | $191.4M+17.0% | $163.6M+33.5% | $122.5M+1.2% | $121.0M+3.0% | $117.6M |
| Goodwill | $802.0M+4.0% | $770.9M-0.7% | $776.5M+10.0% | $705.9M+7.4% | $657.1M+17.3% | $560.3M+0.4% | $557.9M+8.3% | $515.3M+7.9% | $477.5M+15.7% | $412.8M |
| Total Liabilities | $3.3B+3.0% | $3.2B+10.3% | $2.9B+19.9% | $2.4B-32.1% | $3.5B+16.1% | $3.0B+35.8% | $2.2B-5.6% | $2.4B+16.8% | $2.0B | N/A |
| Current Liabilities | $1.9B+7.1% | $1.8B+19.5% | $1.5B-5.5% | $1.6B-28.1% | $2.2B+28.6% | $1.7B+63.1% | $1.0B-37.2% | $1.7B+112.7% | $782.6M | N/A |
| Long-Term Debt | $671.7M+0.2% | $670.7M+22.6% | $547.3M | N/A | $545.2M-19.9% | $680.4M+15.5% | $589.3M+9.5% | $537.9M-19.8% | $670.7M | N/A |
| Total Equity | $1.5B+21.2% | $1.2B-3.8% | $1.3B+6.1% | $1.2B-7.6% | $1.3B+95.1% | $655.0M+9.2% | $599.7M+5.7% | $567.6M+118.0% | $260.4M-73.5% | $983.8M |
| Retained Earnings | $1.3B+8.7% | $1.2B+3.5% | $1.2B+1.9% | $1.1B+6.1% | $1.1B+215.0% | $342.8M+9.5% | $313.1M+12.6% | $278.0M+39.3% | $199.5M | N/A |
Not reported in any period shown, so not listed: Inventory, Accounts Receivable.
NMRK Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | TTM | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | FY18 | FY17 | FY16 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $846.0M | $172.0M+1831.1% | -$9.9M+96.3% | -$266.0M-122.2% | $1.2B+2556.1% | -$48.7M+93.7% | -$777.7M-178.8% | $986.8M+396.9% | -$332.4M-138.9% | $853.6M+232.5% | -$644.2M |
| Capital Expenditures | $48.4M | $29.4M-6.8% | $31.5M-43.1% | $55.4M-11.0% | $62.2M+215.3% | $19.7M+0.5% | $19.6M-43.2% | $34.5M+64.3% | $21.0M+10.2% | $19.1M-30.0% | $27.3M |
| Free Cash Flow | $797.6M | $142.6M+444.1% | -$41.4M+87.1% | -$321.3M-128.3% | $1.1B+1757.4% | -$68.4M+91.4% | -$797.3M-183.7% | $952.2M+369.5% | -$353.4M-142.3% | $834.6M+224.3% | -$671.4M |
| Investing Cash Flow | -$298.0M | -$198.1M-492.6% | -$33.4M+32.8% | -$49.7M-116.1% | $308.6M-31.9% | $453.1M+12678.8% | -$3.6M+93.7% | -$56.8M-833.5% | $7.7M+1942.7% | $379K+101.1% | -$34.4M |
| Financing Cash Flow | -$594.0M | -$44.8M-150.1% | $89.5M-65.8% | $261.5M+117.9% | -$1.5B-268.1% | -$396.3M-148.5% | $817.8M+191.3% | -$895.5M-364.4% | $338.7M+142.4% | -$798.2M-225.5% | $636.0M |
| Dividends Paid | N/A | N/A | N/A | N/A | N/A | N/A | N/A | $0 | $0-100.0% | $101.7M | N/A |
| Share Buybacks | $152.7M | $127.1M-40.2% | $212.6M+467.9% | $37.4M-87.3% | $294.8M+1.5% | $290.5M+4465.3% | $6.4M-83.0% | $37.4M+7588.9% | $486K | $0 | N/A |
TTM is the trailing twelve months, Q3 FY2025 through Q2 FY2026, summed from the four most recent quarterly filings. A row marked — cannot be summed at all, because a quarter in the window reports no per-share figure; a row marked N/A could be summed, but a quarter in the window does not report that metric.
NMRK Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples.
| Metric | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | FY18 | FY17 | FY16 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Margin | 7.1%+1.1pp | 5.9%+0.9pp | 5.1%-1.8pp | 6.9%-36.3pp | 43.2%+33.5pp | 9.7%-1.4pp | 11.1%-5.1pp | 16.2%+3.7pp | 12.5%+0.1pp | 12.4% |
| Net Margin | 3.8%+0.7pp | 3.1%+0.6pp | 2.5%-1.6pp | 4.2%-29.5pp | 33.7%+27.9pp | 5.7%+0.4pp | 5.3%+0.1pp | 5.2%-3.8pp | 9.0%-3.4pp | 12.5% |
| Return on Equity | 8.6%+1.5pp | 7.1%+2.1pp | 5.0%-4.5pp | 9.5%-67.0pp | 76.5%+59.9pp | 16.7%-2.9pp | 19.6%+0.8pp | 18.8%-36.7pp | 55.5%+38.4pp | 17.1% |
| Return on Assets | 2.5%+0.7pp | 1.8%+0.4pp | 1.4%-1.5pp | 2.9%-15.9pp | 18.8%+16.0pp | 2.7%-0.9pp | 3.7%+0.6pp | 3.1%-3.3pp | 6.4% | N/A |
| Current Ratio | 1.05+0.1x | 1.000.0x | 1.01+0.3x | 0.68-0.5x | 1.15+0.1x | 1.070.0x | 1.030.0x | 1.060.0x | 1.05 | N/A |
| Debt-to-Equity | 0.46-0.1x | 0.56+0.1x | 0.44-1.6x | 2.03+1.6x | 0.43-0.6x | 1.04+0.1x | 0.980.0x | 0.95-1.6x | 2.58 | N/A |
| FCF Margin | 4.3%+5.8pp | -1.5%+11.5pp | -13.0%-54.9pp | 41.9%+44.3pp | -2.4%+39.5pp | -41.9%-84.8pp | 42.9%+60.2pp | -17.3%-69.5pp | 52.3%+102.0pp | -49.7% |
Not reported in any period shown, so not listed: Gross Margin.
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Where Newmark Group Ranks
Frequently Asked Questions
What is Newmark Group's annual revenue?
Newmark Group (NMRK) reported $3.3B in total revenue for fiscal year 2025. This represents a 20.3% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Newmark Group's revenue growing?
Newmark Group (NMRK) revenue grew by 20.3% year-over-year, from $2.7B to $3.3B in fiscal year 2025.
Is Newmark Group profitable?
Yes, Newmark Group (NMRK) reported a net income of $126.2M in fiscal year 2025, with a net profit margin of 3.8%.
What is Newmark Group's EBITDA?
Newmark Group (NMRK) had EBITDA of $415.3M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does Newmark Group have?
As of fiscal year 2025, Newmark Group (NMRK) had $229.1M in cash and equivalents against $671.7M in long-term debt.
What is Newmark Group's operating margin?
Newmark Group (NMRK) had an operating margin of 7.1% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
What is Newmark Group's net profit margin?
Newmark Group (NMRK) had a net profit margin of 3.8% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
Does Newmark Group pay dividends?
Yes, Newmark Group (NMRK) paid $0.12 per share in dividends during fiscal year 2025.
What is Newmark Group's return on equity (ROE)?
Newmark Group (NMRK) has a return on equity of 8.6% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Newmark Group's free cash flow?
Newmark Group (NMRK) generated $142.6M in free cash flow during fiscal year 2025. This represents a 444.1% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Newmark Group's operating cash flow?
Newmark Group (NMRK) generated $172.0M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are Newmark Group's total assets?
Newmark Group (NMRK) had $5.0B in total assets as of fiscal year 2025, including both current and long-term assets.
What are Newmark Group's capital expenditures?
Newmark Group (NMRK) invested $29.4M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
What is Newmark Group's current ratio?
Newmark Group (NMRK) had a current ratio of 1.05 as of fiscal year 2025, which is considered adequate.
What is Newmark Group's debt-to-equity ratio?
Newmark Group (NMRK) had a debt-to-equity ratio of 0.46 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Newmark Group's return on assets (ROA)?
Newmark Group (NMRK) had a return on assets of 2.5% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Newmark Group's Altman Z-Score?
Newmark Group (NMRK) has an Altman Z-Score of 1.73, placing it in the Distress Zone (elevated bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is Newmark Group's Piotroski F-Score?
Newmark Group (NMRK) has a Piotroski F-Score of 7 out of 7 computable signals; 2 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Newmark Group's earnings high quality?
Newmark Group (NMRK) has an earnings quality ratio of 1.36x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
How financially healthy is Newmark Group?
Newmark Group (NMRK) scores 36 out of 100 on our Financial Health Score, indicating weak standing within its REITs peer group. The score is a 0-100 composite of six dimensions (FFO Margin, FFO Growth, Leverage, Interest Cov., AFFO Margin, Dividend Cov.), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.