NEWMARK GROUP, INC.NMRK

Market cap
$3B
P/E ratio
Dec 31,
2018
Dec 31,
2019
Dec 31,
2020
Dec 31,
2021
Dec 31,
2022
Dec 31,
2023
Dec 31,
2024
Consolidated net income1921621099781136285
Gains on originated mortgage servicing rights9510319414813076104
Depreciation and amortization98131141122166166174
Lease impairment----148-
Off-Balance-Sheet, Credit Loss, Liability, Credit Loss Expense (Reversal)-----3-2
Provision (reversal) for doubtful accounts42567-20
Equity-based compensation and allocation of net income to limited partnership units and FPUs---356138140185
Amortization283974798493124
Deferred tax provision (benefit)16-280119-24-51
Noncash Changes In Acquisition Earnouts---100-15-4
Unrealized (gains) on loans held for sale185242112710
Income from an equity method investment37-12-314-
Unrealized losses on marketable securities-111577-81-1-0
Unrealized losses (gains) on non-marketable investments-----13-40
Loan originations—loans held for sale8,6138,78312,3749,1427,8236,9138,626
Loan sales—loans held for sale8,0039,56411,5279,1788,7586,5498,390
Other243422-1
Consolidated net income (loss), adjusted for non-cash and non-operating items----3011,402-5214
Receivables, net12952-124191-4269-18
Loans, forgivable loans and other receivables from employees and partners, net11016212878132243212
Right-of-use assets---11-4242-54-96
Receivable from related parties---8-8-0
Other assets10113-22-9-99-3
Accrued compensation5040-75-83-102-22-15
Right-of-use liability------40-107
Accounts payable, accrued expenses and other liabilities15391-82-4-35721
Payables to related parties-23-260-5-3-7
Net cash used in operating activities-332987-778-491,196-266-10
Payments for acquisitions, net of cash acquired and proceeds from divestitures-----100-
Proceeds from the sale of marketable securities963335551438--
Proceeds from the exercise of redemption option-----106-
Purchase of marketable securities----0--
Purchase of non-marketable investments------0
Payments for intangible assets------2
Purchases of fixed assets21352020625532
Purchase of mortgage servicing rights310---0
Net cash used in investing activities8-57-4453309-50-33
Proceeds from Lines of Credit8,6138,78312,3749,1427,8236,9138,626
Principal payments on warehouse facilities8,0019,54611,5239,1538,7366,5528,370
Borrowing of debt-15536555-930845
Repayment of debt-105275195-930720
Repurchase agreements and securities loaned-37-3107-140--
Purchase of limited partnership interests------12
Treasury stock repurchases037629129537213
Earnings and tax distributions to limited partnership interests and other noncontrolling interests461418215813539
Dividends to stockholders4269238182121
Payments on acquisition earn-outs4554361-
Deferred financing costs1141557
Net cash provided by financing activities337-896818-396-1,45926190
Net increase (decrease) in cash and cash equivalents and restricted cash--37846-5446
Interest82374136384532
Taxes19580991005750
Right-of-use assets and liabilities-182384981398046