NMRK Q4 2023 Earnings — Newmark Group, Inc. Revenue & Financial Results | Market Cap Arena

NMRKNewmark Group, Inc.

$3B

Q4 2023 Earnings

Real Estate Real Estate - Services

Income Statement

Revenue

$747M+23.1% YoY

Gross Profit

$747M100.0% margin

Operating Income

$79M10.6% margin

Net Income

$37M4.9% margin

EPS (Diluted)

$0.21

QoQ Revenue Growth

+21.3%

Cash Flow

Operating Cash Flow

$220M

Free Cash Flow

$208M

Stock-Based Comp.

$55M

Balance Sheet

Total Assets

$4.5B

Total Liabilities

$2.9B

Stockholders' Equity

$1.3B

Cash & Equivalents

$165M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$747M	$607M	+23.1%
Gross Profit	$747M	$607M	+23.1%
Operating Income	$79M	$25M	+213.3%
Net Income	$37M	$6M	+468.7%

Revenue Segments

Management Services

$363M37%

Leasing And Other Commissions

$239M25%

Investment Advice

$137M14%

Servicing Fees And Other

$114M12%

Mortgage Brokerage And Debt Placement

$83M9%

Servicing

$38M4%