10 years of revenue, profit, cash flow and balance-sheet history through FY2025,
from SEC filings — with a computed, factual read of the trend.
Updated Overview →
Growth & profitability
Revenue has grown 14.1% per year over the past 5 years.
Net income has grown slower than revenue (2.9% vs 14.1% per year).
Operating margin has contracted, at 8.4% in the latest year.
Financial health
Total debt ($672M) exceeds cash ($229M); net debt is $443M.
Total debt has grown slower than revenue (-0.3% vs 14.1% per year).
Total debt is 1.6× EBITDA.
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Free cash flow (CFO − capex)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key annual figures
FY
Revenue
Net income
Gross M
Op M
FCF
Total debt
Cash
2025
$2.8B
$126M
0.0%
8.4%
$143M
$672M
$229M
2024
$2.3B
$85M
0.0%
7.2%
-$41M
$671M
$198M
2023
$2.1B
$62M
0.0%
6.0%
-$321M
$547M
$165M
2022
$2.3B
$113M
0.0%
8.1%
$1.1B
$548M
$233M
2021
$2.5B
$978M
0.0%
50.2%
-$68M
$545M
$191M
2020
$1.4B
$109M
0.0%
12.8%
-$797M
$680M
$191M
2019
$1.8B
$117M
0.0%
13.4%
$952M
$589M
$164M
2018
$1.7B
$107M
0.0%
19.6%
-$353M
$538M
$122M
2017
—
$144M
—
—
$835M
$671M
$121M
2016
—
$168M
—
—
-$671M
—
—
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Free cash flow (CFO − capex, quarterly)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key quarterly figures
Quarter
Revenue
Net income
Gross M
Op M
FCF
Total debt
Cash
Mar '26
$718M
$14M
0.0%
3.8%
-$258M
$832M
$212M
Dec '25
$859M
$68M
0.0%
14.4%
$609M
$672M
$229M
Sep '25
$715M
$46M
0.0%
11.9%
$105M
$746M
$224M
Jun '25
$640M
$21M
0.0%
6.7%
-$386M
$871M
$196M
Mar '25
$556M
-$9M
0.0%
-3.1%
-$185M
$771M
$157M
Dec '24
$728M
$45M
0.0%
14.3%
$397M
$671M
$198M
Sep '24
$568M
$18M
0.0%
7.2%
-$94M
$770M
$179M
Jun '24
$527M
$14M
0.0%
7.7%
-$268M
$745M
$176M
Mar '24
$450M
-$16M
0.0%
-5.0%
-$76M
$670M
$141M
Dec '23
$641M
$37M
0.0%
12.4%
$208M
$547M
$165M
Sep '23
$513M
$10M
0.0%
5.9%
$403M
$605M
$143M
Jun '23
$477M
$6M
0.0%
5.8%
-$516M
$774M
$164M
Mar '23
$442M
-$10M
0.0%
-2.7%
-$417M
$773M
$211M
Dec '22
$511M
$6M
0.0%
5.0%
$909M
$548M
$233M
Sep '22
$557M
$28M
0.0%
10.5%
-$97M
$547M
$230M
Jun '22
$654M
$49M
0.0%
13.6%
-$172M
$547M
$280M
Mar '22
$582M
$362000
0.0%
2.2%
$493M
$542M
$443M
Dec '21
$853M
$149M
0.0%
26.8%
$269M
$545M
$191M
Sep '21
$682M
$129M
0.0%
33.1%
-$1.1B
$545M
$171M
Jun '21
$549M
$440M
0.0%
134.2%
$491M
$682M
$166M
Valuation over time
How the market has priced NMRK against its own fundamentals since 2023-03 —
each month-end's share price set against the most recent annual filing, so the multiple moves
as price runs ahead of (or behind) earnings. Split-adjusted.
The price-to-earnings ratio has risen from 11.5× (Mar '23) to 21.8× (Jun '26).
The price-to-sales ratio has risen from 0.6× (Mar '23) to 1.0× (Jun '26).
Price / earnings (P/E)
P/E
Price / sales (P/S)
P/S
Frequently asked questions
Is NMRK growing its revenue and profit?
Over the past 5 years, Newmark Group, Inc.'s revenue has grown 14.1% per year, and net income grown 2.9% per year. These are computed facts, not advice.
How much debt does NMRK have?
As of FY2025, Newmark Group, Inc. reported $672M of total debt against $229M of cash.
What is NMRK's profit margin?
In FY2025, gross margin was —, operating margin 8.4%, and net margin 4.6%.
What is NMRK's P/E ratio?
As of Jun '26, Newmark Group, Inc. traded at a price-to-earnings ratio of about 21.8× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S have moved with the share price. These are computed facts, not advice.
Where does this data come from?
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted ·
growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price
against the latest annual filing. Informational only — not investment advice.