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
Management services, servicing fees and other	579	624	626	916	909	971	1,107
Leasing and other commissions	817	855	514	827	832	840	858
Capital markets	469	541	-	-	-	-	774
Revenues	2,048	2,218	1,905	2,906	2,706	2,470	2,739
Cost, Direct Labor	1,156	1,276	1,147	1,829	1,555	1,489	1,598
Equity-based compensation and allocations of net income to limited partnership units and FPUs	-	-	-	-	-	140	185
Total compensation and employee benefits	-	-	-	2,185	1,693	1,629	1,784
General and Administrative Expense	332	362	294	554	535	537	598
Professional Fees	-	-	-	-	-	27	26
Depreciation and amortization	98	131	141	122	166	166	174
Total operating expenses	1,842	2,053	1,736	2,884	2,422	2,359	2,582
Other income (loss), net	-	-	15	1,232	-98	14	7
Income from operations	333	246	184	1,255	186	125	163
Interest expense, net	-	-	-	-	-	-	-32
Income before income taxes and noncontrolling interests	282	214	146	1,221	155	103	131
Provision for income taxes	90	52	37	243	42	41	46
Consolidated net income	192	162	109	978	113	62	85
Less: Net income attributable to noncontrolling interests	85	44	29	227	29	20	24
Net income available to common stockholders	192	162	109	978	113	62	85
Net income available to common stockholders	102	104	70	745	83	43	61
Earnings Per Share, Basic	0.65	0.59	0.39	3.91	0.46	0.25	0.36
Net income for fully diluted shares	106	108	70	745	110	43	61
Earnings Per Share, Diluted	0.64	0.58	0.39	3.8	0.45	0.24	0.34