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NMRKNewmark Group, Inc.
$15.65$2.4B
Overview & Verdict
Overview
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NMRK logoNewmark Group, Inc.(NMRK)Earnings, Financials & Key Ratios

NMRK•NASDAQ
$15.65
23.0× P/E·Price updated Jul 7, 2026
SectorReal EstateIndustryReal Estate ServicesSub-IndustryCommercial real estate brokerage and advisory
AboutNewmark Group, Inc. provides commercial real estate services in the United States and internationally. The company's investor/owner services and products include capital markets, such as investment, debt and structured finance, and loan sales; agency leasing, property management, and valuation and advisory; and commercial real estate due diligence consulting and advisory services, as well as government sponsored enterprise lending, loan servicing, mortgage broking, and equity-raising services. Its occupier services and products comprise tenant representation; real estate management technology systems; workplace and occupancy strategy; global corporate consulting; project management; account and transaction management; and lease administration and facilities management services. The company provides its services to commercial real estate tenants, investors, owners, occupiers, and developers, as well as lenders and multi-national corporations. As of December 31, 2021, it operated approximately 160 offices on four continents. The company was formerly known as Newmark Knight Frank and changed its name to Newmark Group, Inc. in October 2017. Newmark Group, Inc. was founded in 1929 and is based in New York, New York.Show more
  • Revenue$3.34B+21.9%
  • EBITDA$415M+23.1%
  • Net Income$126M+106.1%
  • EPS (Diluted)0.68+100.0%
  • Gross Margin94.57%-5.4%
  • EBITDA Margin12.45%+1.0%
  • Operating Margin7.01%+17.8%
  • Net Margin3.78%+69.1%
  • ROE7.7%+95.2%

NMRK Price & Volume

Newmark Group, Inc. (NMRK) stock price & volume — 10-year historical chart

Loading chart...

Cyclical Revenue Growth Faces Structural Margin Constraints

Investment Thesis • Updated 2026Q1

VerdictNeutral
Growth:Accelerating
Profitability:Strained
Financial:Vulnerable
Cash Flow:Deteriorating
Primary Risk:Cyclical Capital Markets Exposure

Key Thesis Takeaways

  • Newmark Group demonstrates significant top-line momentum with 27.3% year-over-year revenue growth in 2026Q1, yet this performance is heavily tethered to volatile capital markets and high-incentive compensation structures.
  • The firm's reliance on debt-funded expansion, evidenced by $1.4 billion in goodwill, creates long-term valuation risks if transaction volumes fail to sustain current levels.
  • Investors should monitor the persistent disconnect between reported earnings and cash generation, as the firm's reliance on stock-based compensation—totaling $68.4 million in 2026Q1—continues to obscure true economic profitability.

Verdict Logic

while the firm shows top-line growth, the 2026Q1 free cash flow margin of -30.4% and high debt-to-EBITDA ratio of 32.29 suggest significant operational and liquidity risks.

NMRK Growth Metrics

Newmark Group, Inc. (NMRK) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR

Revenue CAGR

10 Years10.77%
5 Years11.87%
3 Years7.24%
TTM21.64%

Profit CAGR

10 Years-
5 Years9.53%
3 Years14.86%
TTM117.36%

EPS CAGR

10 Years-
5 Years11.76%
3 Years14.75%
TTM222.51%

Return on Capital

10 Years14.37%
5 Years14.21%
3 Years5.61%
Last Year6.63%

NMRK Recent Earnings

Newmark Group, Inc. (NMRK) EPS & revenue vs analyst estimates — last 4 quarters

Full history →
●Beat EPS 7/12 qtrs (64%)●Beat Revenue 8/12 qtrs (73%)
Q2 2026Latest
Apr 30, 2026
Metric
Actual
Est
EPS
$0.33+22.2%
$0.27
Rev
$847M+13.1%
$749M
Q1 2026
Feb 25, 2026
Metric
Actual
Est
EPS
$0.68+4.6%
$0.65
Rev
$1.0B+0.5%
$1.0B
Q4 2025
Oct 30, 2025
Metric
Actual
Est
EPS
$0.42+2.4%
$0.41
Rev
$863M-12.1%
$982M
Q3 2025
Jul 30, 2025
Metric
Actual
Est
EPS
$0.31+19.2%
$0.26
Rev
$759M-1.0%
$767M
QuarterDateEPS (Act vs Est)Revenue (Act vs Est)
Q2 2026LatestApr 30, 2026
$0.33vs $0.27+22.2%
$847Mvs $749M+13.1%
Q1 2026Feb 25, 2026
$0.68vs $0.65+4.6%
$1.0Bvs $1.0B+0.5%
Q4 2025Oct 30, 2025
$0.42vs $0.41+2.4%
$863Mvs $982M-12.1%
Q3 2025Jul 30, 2025
$0.31vs $0.26+19.2%
$759Mvs $767M-1.0%
Based on last 12 quarters of dataView full earnings history →

Latest NMRK News

Recent stock market news and headlines for Newmark Group, Inc. (NMRK)

PRNewsWire·6 days ago
Newmark Group's Second Quarter 2026 Financial Results Announcement to be Issued Prior to Market Open on Wednesday, July 29th, 2026

Conference call scheduled for the same day at 10:00 a.m. ET NEW YORK, July 1, 2026 /PRNewswire/ -- Newmark Group, Inc. (Nasdaq: NMRK) ("Newmark" or "the Company"), a leading commercial real estate advisor and service provider to large institutional investors, global corporations, and other owners and occupiers, today announced the details of its second quarter 2026 financial results press release and conference call.

PRNewsWire·Jun 24, 2026
Newmark's Consulting Services Adds Veteran Advisor Munish Viralam to Lead its Real Estate Strategy & Consulting Group

NEW YORK, June 24, 2026 /PRNewswire/ -- Newmark Group, Inc. (Nasdaq: NMRK) ("Newmark" or "the Company"), a leading commercial real estate advisor and service provider to large institutional investors, global corporations and other owners and occupiers, announces the hiring of Munish Viralam as Executive Vice Chairman to lead its Real Estate Strategy & Consulting Group. The practice will work alongside Newmark's advisors to support clients navigating commercial real estate transactions and strategic decisions, including financial analysis, market assessments, operational considerations, lease negotiations and structuring.

Zacks Investment Research·Jun 17, 2026
Are Investors Undervaluing Newmark Group (NMRK) Right Now?

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Peers Comparison

Key metrics vs top competitors for Newmark Group, Inc. (NMRK)

Full Screener →
CompanyPriceMarket CapP/E RatioRev Growth (1Y)Net MarginROEDiv Yield
NMRK logoNMRKNewmark Group, Inc.Current
$15.65$2.45B23.0121.86%3.78%7.7%0.55%
CBRE logoCBRECBRE Group, Inc.
$143.73$42.13B37.3313.37%3.11%14.27%—
JLL logoJLLJones Lang LaSalle Incorporated
$332.57$15.43B20.2811.45%3.35%12.14%—
CWK logoCWKCushman & Wakefield plc
$13.81$3.24B36.348.91%0.7%3.79%—
MMI logoMMIMarcus & Millichap, Inc.
$32.03$1.21B-653.678.49%-0.08%-0.1%—
CIGI logoCIGIColliers International Group Inc.
$100.52$5B48.8017.29%1.46%3.12%—

Compare NMRK vs Peers

Newmark Group, Inc. (NMRK) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs CBRE

Most directly comparable listed peer for NMRK.

Scale Benchmark

vs JLL

Larger-name benchmark to compare NMRK against a more recognizable public peer.

Peer Set

Compare Top 5

vs CBRE, JLL, CWK, MMI

NMRK SEC Filings & Documents

Newmark Group, Inc. (NMRK) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

May 22, 2026·SEC

Material company update

Apr 21, 2026·SEC

Material company update

Feb 25, 2026·SEC

10-K Annual Reports

4
FY 2026

Mar 2, 2026·SEC

FY 2025

Mar 3, 2025·SEC

FY 2024

Feb 29, 2024·SEC

10-Q Quarterly Reports

6
FY 2026

May 8, 2026·SEC

FY 2025

Nov 10, 2025·SEC

FY 2025

Aug 8, 2025·SEC

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NMRK Frequently Asked Questions

Newmark Group, Inc. (NMRK) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials
What is Newmark Group, Inc.'s revenue?

Newmark Group, Inc. (NMRK) reported $3.48B in revenue for fiscal year 2025. This represents a 190% increase from $1.20B in 2015.

How fast is Newmark Group, Inc. growing?

Newmark Group, Inc. (NMRK) grew revenue by 21.9% over the past year. This is strong growth.

Is NMRK profitable?

Yes, Newmark Group, Inc. (NMRK) is profitable, generating $149.4M in net income for fiscal year 2025 (3.8% net margin).

Dividend & Returns
Does NMRK pay dividends?

Yes, Newmark Group, Inc. (NMRK) pays a dividend with a yield of 0.55%. This makes it attractive for income-focused investors.

What is NMRK's return on equity?

Newmark Group, Inc. (NMRK) has a return on equity (ROE) of 7.7%. This is below average, suggesting room for improvement.

What is Newmark Group, Inc.'s free cash flow?

Newmark Group, Inc. (NMRK) generated $81.6M in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.

What if you invested $1,000 in NMRK back in 2015?

Total return calculator · dividends reinvested · 11+ years of data

See returns →