← Marcus & Millichap, Inc.
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||||
| Net Income (Loss) Available to Common Stockholders, Basic | — | — | — | — | $42.8m |
$142.5m
+232.66%
|
$104.2m
-26.88%
|
($34.0m)
-132.60%
|
($12.3m)
+63.70%
|
($1.9m)
+84.49%
|
— | |
| Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | $64.7m | $51.5m | $87.3m | $76.9m | $42.8m | $142.5m | $104.2m | ($34.0m) | ($12.4m) | ($1.9m) | — | |
| Depreciation and amortization | $4.4m | $5.4m | $6.3m | $8.0m | $10.9m | $11.7m | $13.4m | $13.6m | $16.6m | $12.1m | $10.8m | |
| Depreciation | $4.4m | $5.4m | $6.3m | $8.0m | $10.9m | $11.7m | $13.4m | $8.9m | $9.4m | $10.0m | $10.8m | |
| Amortization of Intangible Assets | — | — | $314k | — | — | $3.8m | $4.7m | $4.7m | $7.2m | $2.1m | — | |
| Deferred Income Tax Expense (Benefit) | ($483k) | $12.8m | ($142k) | $226k | $473k | ($11.8m) | ($6.1m) | ($6.4m) | ($1.4m) | $3.1m | $7.1m | |
| Share-based Payment Arrangement, Noncash Expense | $7.0m | $9.1m | $12.0m | $9.3m | $9.9m | $10.4m | $17.3m | $24.1m | $23.8m | $24.2m | $25.2m | |
| Payment, Tax Withholding, Share-based Payment Arrangement | $5.6m | $5.5m | $5.0m | $2.7m | $2.0m | $3.4m | $9.7m | $4.4m | $5.9m | $5.9m | — | |
| Share-based Payment Arrangement, Expense | $7.0m | $9.1m | $12.0m | $9.3m | $9.9m | $10.4m | $17.3m | $24.1m | $23.8m | $24.2m | $25.2m | |
| Goodwill and Intangible Asset Impairment | — | — | — | — | $0 | — | — | $0 | — | — | — | |
| Goodwill, Impairment Loss | — | — | — | $0 | $0 | $0 | — | — | $0 | $0 | — | |
| Impairment of Intangible Assets, Indefinite-lived (Excluding Goodwill) | — | — | — | — | — | — | — | — | $2.2m | $0 | — | |
| Nonoperating Income (Expense) | $2.1m | $4.6m | $6.3m | $12.5m | $6.7m | $4.5m | $5.3m | $19.9m | $20.7m | $17.5m | — | |
| Changes in operating assets and liabilities: | ||||||||||||
| Increase (Decrease) in Other Operating Assets | $803k | $13.7m | $7.2m | $45.2m | $2.7m | $3.0m | $9.8m | $7.2m | $8.8m | $2.4m | — | |
| Net Cash Provided by (Used in) Operating Activities | $74.5m |
$66.5m
-10.67%
|
$117.3m
+76.31%
|
$25.3m
-78.45%
|
$38.1m
+50.62%
|
$255.9m
+571.87%
|
$13.6m
-94.67%
|
($72.4m)
-631.44%
|
$21.7m
+129.98%
|
$66.7m
+206.98%
|
$93.1m
+39.65%
|
|
| Cash flows from investing activities: | ||||||||||||
| Payments to Acquire Property, Plant, and Equipment | $9.5m | $6.6m | $8.1m | $8.8m | $6.9m | $6.9m | $11.7m | $9.4m | $7.9m | $7.9m | ($8.6m) | |
| Debt Securities, Available-for-sale, Realized Gain (Loss) | — | — | — | — | ($192k) | ($219k) | $86k | ($190k) | $0 | $8k | — | |
| Payments to Acquire Businesses, Net of Cash Acquired | — | — | $14.9m | $6.1m | $16.3m | ($229k) | $12.5m | $0 | $0 | — | $0 | |
| Net Cash Provided by (Used in) Investing Activities | $19.8m | ($27.3m) | ($118.0m) | ($3.4m) | ($17.2m) | ($108.4m) | ($54.0m) | $74.9m | ($9.9m) | ($3.8m) | $44.8m | |
| Cash flows from financing activities: | ||||||||||||
| Payments for Repurchase of Common Stock | — | — | — | — | — | — | $29.1m | $39.4m | $785k | $25.4m | — | |
| Dividends paid | — | — | — | — | $0 | $0 | $60.4m | $20.1m | $20.2m | $20.6m | ($20.3m) | |
| Dividends Payable, Current | — | — | — | — | — | — | $612k | $802k | $942k | $1.0m | — | |
| Dividends Payable | — | — | — | — | — | — | $2.2m | — | — | — | — | |
| Proceeds from (Payments for) Other Financing Activities | $0 | — | — | — | — | — | — | — | — | — | — | |
| Net Cash Provided by (Used in) Financing Activities | ($3.1m) |
($5.8m)
-85.44%
|
($5.4m)
+6.00%
|
($3.9m)
+28.67%
|
($10.3m)
-166.37%
|
($5.9m)
+42.70%
|
($105.6m)
-1683.32%
|
($67.7m)
+35.88%
|
($28.8m)
+57.51%
|
($54.6m)
-89.80%
|
($70.0m)
-28.25%
|
|
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | — | — | ($6.1m) | $18.0m | $10.5m | $139.0m | ($146.3m) | ($65.1m) | ($17.3m) | $8.5m | $153.8m | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | $214.7m | $232.7m | $243.2m | $382.1m | $235.9m | $170.8m | $153.4m | $161.9m | $153.8m | |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | — | — | ($48k) | ($2.6m) | ($366k) | $122k | ($365k) | $219k | ($283k) | |
| Additional Supplementary Disclosures | ||||||||||||
| Additional Supplementary Disclosures | ||||||||||||
| Supplemental disclosure of cash flow information: | ||||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | $628k | $1.9m | $2.2m | $2.1m | $1.2m | $749k | $614k | $478k | $581k | $478k | — | |
| Income Taxes Paid, Net | $37.4m | $35.0m | $24.3m | $39.8m | $7.3m | $48.6m | $69.8m | $674k | $468k | ($2.2m) | — | |
| Additional Financial Items | ||||||||||||
| Foreign Currency Transaction Gain (Loss), Unrealized | — | — | — | — | $299k | ($3.8m) | ($534k) | $37k | ($191k) | $108k | — | |
| Goodwill | — | — | $11.5m | $15.1m | $33.4m | $34.1m | $37.9m | $38.0m | $37.6m | $37.9m | — | |
| Income Tax Expense (Benefit) | $42.4m | $47.7m | $30.0m | $30.6m | $16.5m | $50.8m | $37.8m | ($6.4m) | ($666k) | $4.9m | — | |
| Interest Expense Nonoperating | — | — | — | — | — | — | — | — | $812k | $773k | — | |
| Operating Expenses | $610.9m | $623.6m | $702.5m | $710.0m | $663.3m | $1.1b | $1.2b | $705.3m | $729.0m | $768.9m | — |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.