Marcus & Millichap Inc (MMI) - Net Assets
Based on the latest financial reports, Marcus & Millichap Inc (MMI) has net assets worth $602.24 Million USD as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($812.49 Million) and total liabilities ($210.25 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check asset resilience ratio of Marcus & Millichap Inc to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $602.24 Million |
| % of Total Assets | 74.12% |
| Annual Growth Rate | 30.32% |
| 5-Year Change | 15.36% |
| 10-Year Change | 233.78% |
| Growth Volatility | 50.62 |
Marcus & Millichap Inc - Net Assets Trend (2011–2024)
This chart illustrates how Marcus & Millichap Inc's net assets have evolved over time, based on quarterly financial data. Also explore balance sheet size of Marcus & Millichap Inc for the complete picture of this company's asset base.
Annual Net Assets for Marcus & Millichap Inc (2011–2024)
The table below shows the annual net assets of Marcus & Millichap Inc from 2011 to 2024. For live valuation and market cap data, see how much is Marcus & Millichap Inc worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $630.82 Million | -2.24% |
| 2023-12-31 | $645.27 Million | -9.56% |
| 2022-12-31 | $713.51 Million | +2.47% |
| 2021-12-31 | $696.30 Million | +27.33% |
| 2020-12-31 | $546.84 Million | +10.49% |
| 2019-12-31 | $494.91 Million | +20.83% |
| 2018-12-31 | $409.57 Million | +30.07% |
| 2017-12-31 | $314.89 Million | +21.65% |
| 2016-12-31 | $258.85 Million | +36.97% |
| 2015-12-31 | $188.99 Million | +61.79% |
| 2014-12-31 | $116.81 Million | +86.90% |
| 2013-12-31 | $62.50 Million | +188.94% |
| 2012-12-31 | $21.63 Million | +7.31% |
| 2011-12-31 | $20.16 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Marcus & Millichap Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 45926700000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $458.91 Million | 72.75% |
| Common Stock | $4.00K | 0.00% |
| Other Comprehensive Income | $-1.43 Million | -0.23% |
| Other Components | $173.34 Million | 27.48% |
| Total Equity | $630.82 Million | 100.00% |
Marcus & Millichap Inc Competitors by Market Cap
The table below lists competitors of Marcus & Millichap Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Tompkins Financial Corporation
NYSE MKT:TMP
|
$1.07 Billion |
|
CTS International Logistics Corp Ltd
SHG:603128
|
$1.07 Billion |
|
China High-Speed Railway Technology
SHE:000008
|
$1.07 Billion |
|
CHERVON HOLDINGS LTD
F:AZ9
|
$1.07 Billion |
|
Prosiebensat 1 Media AG
XETRA:PSM
|
$1.07 Billion |
|
Shinsung Delta Tech Co.Ltd
KQ:065350
|
$1.07 Billion |
|
Shenzhen Chuangyitong Technology Co.Ltd.
SHE:300991
|
$1.07 Billion |
|
Shenzhen Bromake New Material Co. Ltd. A
SHE:301387
|
$1.07 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Marcus & Millichap Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 645,274,000 to 630,818,000, a change of -14,456,000 (-2.2%).
- Net loss of 12,362,000 reduced equity.
- Dividend payments of 20,226,000 reduced retained earnings.
- Share repurchases of 785,000 reduced equity.
- Other comprehensive income decreased equity by 665,000.
- Other factors increased equity by 19,582,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-12.36 Million | -1.96% |
| Dividends Paid | $20.23 Million | -3.21% |
| Share Repurchases | $785.00K | -0.12% |
| Other Comprehensive Income | $-665.00K | -0.11% |
| Other Changes | $19.58 Million | +3.1% |
| Total Change | $- | -2.24% |
Book Value vs Market Value Analysis
This analysis compares Marcus & Millichap Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.68x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 51.69x to 1.68x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2011-12-31 | $0.53 | $27.46 | x |
| 2012-12-31 | $0.57 | $27.46 | x |
| 2013-12-31 | $1.61 | $27.46 | x |
| 2014-12-31 | $3.00 | $27.46 | x |
| 2015-12-31 | $4.83 | $27.46 | x |
| 2016-12-31 | $6.63 | $27.46 | x |
| 2017-12-31 | $8.05 | $27.46 | x |
| 2018-12-31 | $10.40 | $27.46 | x |
| 2019-12-31 | $12.51 | $27.46 | x |
| 2020-12-31 | $13.76 | $27.46 | x |
| 2021-12-31 | $17.33 | $27.46 | x |
| 2022-12-31 | $17.76 | $27.46 | x |
| 2023-12-31 | $16.69 | $27.46 | x |
| 2024-12-31 | $16.31 | $27.46 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Marcus & Millichap Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -1.96%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -1.78%
- • Asset Turnover: 0.80x
- • Equity Multiplier: 1.38x
- Recent ROE (-1.96%) is below the historical average (28.60%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2011 | 66.73% | 4.90% | 4.27x | 3.19x | $11.43 Million |
| 2012 | 129.14% | 7.24% | 4.30x | 4.15x | $25.77 Million |
| 2013 | 13.13% | 1.88% | 2.61x | 2.68x | $1.96 Million |
| 2014 | 42.40% | 8.66% | 2.45x | 2.00x | $37.85 Million |
| 2015 | 35.11% | 9.63% | 2.15x | 1.70x | $47.45 Million |
| 2016 | 24.98% | 9.01% | 1.82x | 1.52x | $38.77 Million |
| 2017 | 16.36% | 7.16% | 1.57x | 1.46x | $20.04 Million |
| 2018 | 21.30% | 10.71% | 1.44x | 1.38x | $46.30 Million |
| 2019 | 15.54% | 9.54% | 1.14x | 1.43x | $27.44 Million |
| 2020 | 7.83% | 5.98% | 0.92x | 1.42x | $-11.85 Million |
| 2021 | 20.46% | 10.99% | 1.24x | 1.50x | $72.84 Million |
| 2022 | 14.61% | 8.01% | 1.30x | 1.41x | $32.87 Million |
| 2023 | -5.27% | -5.27% | 0.74x | 1.36x | $-98.56 Million |
| 2024 | -1.96% | -1.78% | 0.80x | 1.38x | $-75.44 Million |
Industry Comparison
This section compares Marcus & Millichap Inc's net assets metrics with peer companies in the Real Estate Services industry.
Industry Context
- Industry: Real Estate Services
- Average net assets among peers: $1,684,997,444
- Average return on equity (ROE) among peers: -16.54%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Marcus & Millichap Inc (MMI) | $602.24 Million | 66.73% | 0.35x | $1.07 Billion |
| reAlpha Tech Corp. Common Stock (AIRE) | $-2.63 Million | 0.00% | 0.00x | $42.58 Million |
| Avalon GloboCare Corp. (ALBT) | $3.55 Million | 1.57% | 0.05x | $3.37 Million |
| American Realty Investors Inc (ARL) | $176.89 Million | -1.11% | 5.32x | $222.90 Million |
| Altisource Portfolio Solutions SA (ASPS) | $151.90 Million | 32.44% | 0.30x | $76.70 Million |
| Ke Holdings Inc (BEKE) | $12.44 Billion | -4.62% | 1.54x | $18.77 Billion |
| CBRE Group Inc Class A (CBRE) | $1.07 Billion | 18.80% | 3.81x | $41.68 Billion |
| Comstock Holding Companies Inc (CHCI) | $46.75 Million | -187.19% | 4.54x | $155.05 Million |
| Compass Inc (COMP) | $843.30 Million | -26.54% | 0.15x | $5.24 Billion |
| CoStar Group Inc (CSGP) | $826.34 Million | 1.20% | 0.41x | $14.99 Billion |
| Cushman & Wakefield plc (CWK) | $1.30 Billion | 0.02% | 4.50x | $2.99 Billion |
About Marcus & Millichap Inc
Marcus & Millichap, Inc., an investment brokerage company, provides real estate investment brokerage and financing services to sellers and buyers of commercial real estate in the United States and Canada. The company offers real estate services comprising commercial real estate investment sales, financing, research, and advisory services for multifamily, retail, office, industrial, single-tenant … Read more