NMRK Q4 2022 Earnings — Newmark Group, Inc. Revenue & Financial Results | Market Cap Arena

NMRKNewmark Group, Inc.

$3B

Q4 2022 Earnings

Real Estate Real Estate - Services

Income Statement

Revenue

$607M-38.3% YoY

Gross Profit

$607M100.0% margin

Operating Income

$25M4.2% margin

Net Income

$6M1.1% margin

EPS (Diluted)

$0.06

QoQ Revenue Growth

-8.6%

Cash Flow

Operating Cash Flow

$932M

Free Cash Flow

$909M

Stock-Based Comp.

$35M

Balance Sheet

Total Assets

$3.9B

Total Liabilities

$2.4B

Stockholders' Equity

$1.2B

Cash & Equivalents

$233M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$607M	$984M	-38.3%
Gross Profit	$607M	$984M	-38.3%
Operating Income	$25M	$229M	-88.9%
Net Income	$6M	$149M	-95.7%

Revenue Segments

Leasing And Other Commissions

$200M39%

Management Services

$163M32%

Investment Advice

$114M22%

Mortgage Brokerage And Debt Placement

$35M7%