Newmark Group Inc - Understand $nmrk stock

$NMRK Market Cap: $2.532 Billion

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Financial Snapshot

Revenue

$2.544B

TTM

Gross Margin

98.93%

TTM

Net Earnings

$44.52M

TTM

Current Assets

$1.760B

Q2 2024

Current Liabilities

$1.696B

Q2 2024

Current Ratio

103.8%

Q2 2024

Total Assets

$4.759B

Q2 2024

Total Liabilities

$3.222B

Q2 2024

Book Value

$1.536B

Q2 2024

Cash

$176.4M

Q2 2024

P/E

56.87

Sep 13, 2024 EST

Free Cash Flow

$268.3M

TTM

Revenues

Revenue YoY Change

Revenues

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015
Revenue	$2.470B	$2.706B	$2.906B	$1.905B	$2.218B	$2.048B	$1.596B	$1.350B	$1.200B
YoY Change	-8.69%	-6.91%	52.57%	-14.12%	8.33%	28.26%	18.26%	12.48%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015
Revenue	$2.470B	$2.706B	$2.906B	$1.905B	$2.218B	$2.048B	$1.596B	$1.350B	$1.200B
Cost Of Revenue	$27.20M	$28.50M	$23.79M	$22.60M	$25.00M	$26.20M	$20.80M	$18.00M	$18.50M
Gross Profit	$2.443B	$2.677B	$2.883B	$1.882B	$2.193B	$2.021B	$1.576B	$1.332B	$1.182B
Gross Profit Margin	98.9%	98.95%	99.18%	98.81%	98.87%	98.72%	98.7%	98.67%	98.47%

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015
Selling, General & Admin	$2.158B	$2.225B	$2.739B	$1.573B	$1.895B	$1.717B	$1.354B	$1.107B	$1.121B
YoY Change	-3.03%	-18.75%	74.17%	-17.01%	10.37%	26.82%	22.3%	-1.22%
% of Gross Profit	88.33%	83.13%	95.01%	83.54%	86.39%	84.93%	85.9%	83.09%	94.81%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$39.20M	$42.40M	$22.00M	$22.90M	$22.70M	$13.70M	$12.20M	$9.900M	$71.80M
YoY Change	-7.55%	92.73%	-3.93%	0.88%	65.69%	12.3%	23.23%	-86.21%
% of Gross Profit	1.6%	1.58%	0.76%	1.22%	1.04%	0.68%	0.77%	0.74%	6.08%
Operating Expenses	$2.325B	$2.489B	$1.600B	$1.681B	$1.895B	$1.709B	$1.370B	$1.165B	$1.193B
YoY Change	-6.6%	55.52%	-4.79%	-11.28%	10.87%	24.77%	17.6%	-2.38%
Operating Profit	$125.2M	$185.6M	$1.255B	$184.0M	$246.2M	$332.6M	$199.8M	$167.4M	-$11.20M
YoY Change	-32.52%	-85.21%	581.84%	-25.28%	-25.96%	66.47%	19.33%	-1594.8%

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015
Interest Expense	-$7.537M	-$30.97M	-$61.27M	-$49.30M	-$77.90M	-$30.20M	$2.800M	$3.800M	$1.900M
YoY Change	-75.66%	-49.46%	24.29%	-36.71%	157.95%	-1178.57%	-26.32%	100.0%
% of Operating Profit	-6.02%	-16.69%	-4.88%	-26.79%	-31.64%	-9.08%	1.4%	2.27%
Other Income/Expense, Net	$13.85M	-$97.70M	$1.232B	$15.29M	$80.95M	$127.3M
YoY Change	-114.18%	-107.93%	7960.79%	-81.11%	-36.4%

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015
Pretax Income	$103.5M	$154.6M	$1.221B	$146.3M	$214.1M	$282.4M	$202.6M	$171.2M	-$9.400M
YoY Change	-33.07%	-87.34%	734.82%	-31.7%	-24.16%	39.4%	18.32%	-1921.33%
Income Tax	$41.10M	$42.05M	$243.0M	$36.99M	$52.44M	$90.49M	$57.48M	$3.993M	-$6.600M
% Of Pretax Income	39.72%	27.2%	19.9%	25.29%	24.49%	32.04%	28.37%	2.33%
Net Earnings	$42.58M	$83.28M	$750.7M	$80.06M	$117.3M	$106.7M	$144.5M	$168.4M	-$2.800M
YoY Change	-48.87%	-88.91%	837.71%	-31.75%	9.91%	-26.13%	-14.2%	-6114.32%
Net Earnings / Revenue	1.72%	3.08%	25.83%	4.2%	5.29%	5.21%	9.05%	12.47%	-0.23%
Basic Earnings Per Share	$0.25	$0.46	$3.91	$0.39	$0.59	$0.65	$1.08
Diluted Earnings Per Share	$0.24	$0.45	$3.80	$0.39	$0.58	$0.64	$0.85	$1.071M	-$18.49K

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015
Cash & Short-Term Investments	$165.0M	$233.8M	$715.9M	$224.7M	$200.4M	$171.4M	$178.7M	$66.60M	$111.4M
YoY Change	-29.43%	-67.34%	218.6%	12.13%	16.92%	-4.09%	168.32%	-40.22%
Cash & Equivalents	$164.9M	$233.0M	$191.3M	$191.4M	$163.6M	$122.5M	$121.0M	$66.60M	$111.4M
Short-Term Investments	$99.00K	$788.0K	$524.6M	$33.30M	$36.80M	$48.90M	$57.60M
Other Short-Term Assets	$709.0M	$318.5M	$1.214B	$121.5M	$127.1M	$112.7M	$73.30M	$84.30M	$72.00M
YoY Change	122.63%	-73.76%	898.85%	-4.41%	12.78%	53.75%	-13.05%	17.08%
Inventory
Prepaid Expenses
Receivables	$622.5M	$523.7M	$569.2M	$376.8M	$508.4M	$451.6M	$210.5M	$151.2M	$158.6M
Other Receivables	$9.607M	$0.00	$25.64M	$1.096B	$237.8M	$1.021B	$362.6M	$1.181B	$485.0M
Total Short-Term Assets	$1.506B	$1.076B	$2.524B	$1.819B	$1.074B	$1.757B	$825.1M	$1.483B	$826.9M
YoY Change	39.97%	-57.37%	38.77%	69.46%	-38.91%	112.96%	-44.35%	79.31%
Property, Plant & Equipment	$774.4M	$794.2M	$742.4M	$286.8M	$299.7M	$78.80M	$64.80M	$56.50M	$25.80M
YoY Change	-2.5%	6.98%	158.85%	-4.3%	280.33%	21.6%	14.69%	118.99%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments	$4.902M	$99.97M	$108.3M	$98.20M	$194.1M	$154.7M	$107.6M	$2.900M	$2.600M
YoY Change	-95.1%	-7.71%	10.31%	-49.41%	25.47%	43.77%	3610.34%	11.54%
Other Assets	$143.6M	$215.5M	$104.2M	$224.7M	$213.8M	$215.1M	$170.9M	$25.50M	$26.80M
YoY Change	-33.35%	106.87%	-53.65%	5.1%	-0.6%	25.86%	570.2%	-4.85%
Total Long-Term Assets	$2.965B	$2.866B	$2.692B	$2.163B	$2.128B	$1.697B	$1.448B	$1.052B	$831.0M
YoY Change	3.47%	6.47%	24.43%	1.66%	25.4%	17.21%	37.63%	26.59%
Total Assets	$4.472B	$3.942B	$5.216B	$3.983B	$3.202B	$3.454B	$2.273B	$2.535B	$1.658B
YoY Change
Accounts Payable	$266.5M	$512.1M	$223.2M	$97.30M	$189.2M	$113.7M	$79.40M	$57.50M	$48.70M
YoY Change	-47.97%	129.5%	129.35%	-48.57%	66.4%	43.2%	38.09%	18.07%
Accrued Expenses	$614.1M	$369.7M	$624.7M	$370.0M	$389.5M	$406.1M	$218.1M	$157.9M	$131.9M
YoY Change	66.09%	-40.82%	68.85%	-5.01%	-4.09%	86.2%	38.13%	19.71%
Deferred Revenue
YoY Change
Short-Term Debt	$498.6M	$137.4M	$1.191B	$1.095B	$246.4M	$972.4M	$418.1M	$258.0M	$359.6M
YoY Change	262.89%	-88.46%	8.79%	344.2%	-74.66%	132.58%	62.05%	-28.25%
Long-Term Debt Due	$0.00	$547.8M	$10.76M	$4.400M	$38.10M	$13.50M	$34.20M
YoY Change	-100.0%	4989.98%	144.59%	-88.45%	182.22%	-60.53%
Total Short-Term Liabilities	$1.490B	$1.029B	$2.193B	$1.705B	$1.045B	$1.665B	$782.6M	$1.410B	$726.0M
YoY Change	44.76%	-53.07%	28.58%	63.12%	-37.2%	112.7%	-44.51%	94.27%
Long-Term Debt	$547.3M	$547.8M	$545.2M	$680.4M	$589.3M	$537.9M	$1.083B	$400.0K	$300.0K
YoY Change	-0.1%	0.47%	-19.86%	15.46%	9.56%	-50.34%	270700.0%	33.33%
Other Long-Term Liabilities	$839.8M	$820.5M	$793.1M	$655.6M	$604.8M	$168.6M	$163.8M	$137.3M	$124.0M
YoY Change	2.35%	3.45%	20.97%	8.4%	258.72%	2.93%	19.3%	10.73%
Total Long-Term Liabilities	$1.387B	$1.368B	$1.338B	$1.336B	$1.194B	$706.5M	$1.247B	$137.7M	$124.3M
YoY Change	1.37%	2.24%	0.17%	11.88%	69.02%	-43.34%	805.59%	10.78%
Total Liabilities	$3.219B	$2.397B	$3.938B	$3.327B	$2.602B	$2.887B	$2.013B	$1.553B	$857.7M
YoY Change	34.26%	-39.13%	18.36%	27.88%	-9.86%	43.43%	29.6%	81.05%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2023	2022	2021	2020	2019	2018	2017
Basic Shares Outstanding	173.5M shares	180.3M shares	190.2M shares	179.1M shares	177.8M shares	157.3M shares	133.4M shares
Diluted Shares Outstanding	176.4M shares	245.2M shares	195.8M shares	179.7M shares	185.0M shares	163.8M shares	138.4M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Dividends

Stock Price

Market Cap: $2.532 Billion

About Newmark Group Inc

Newmark Group Inc. engages in the provision of commercial real estate services. The company is headquartered in New York City, New York and currently employs 7,000 full-time employees. The company went IPO on 2017-12-15. The firm offers a diverse array of integrated services and products designed to meet the full needs of its clients. Its investor/owner services and products include capital markets, which consists of investment sales and commercial mortgage brokerage, including the placement of debt, equity raising, structured finance and loan sales on behalf of third parties; landlord (agency) leasing; valuation and advisory; property management; its commercial real estate technology platform and capabilities; business rates for United Kingdom property owners; due diligence, consulting and other advisory services; government-sponsored enterprises (GSE) and the Federal Housing Administration (FHA), lending, including multifamily lending and loan servicing; limited loan servicing and asset management, and flexible workspace solutions for owners.

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