Newmark Group (NMRK) Stock Fundamentals, Analysis & Risk Signals

Health score, price, valuation, risk signals, and key metrics at a glance.

Newmark Group

NasdaqGS•Real Estate•Real Estate Services

$14.19-0.06(<0.01%)Pre-market

Market Cap

$2.47B

P/E

16.7x

P/S

0.7x

P/B

1.7x

Newmark Group, Inc. operates as a commercial real estate advisor and service provider in the United States, the United Kingdom, Asia, rest of Europe, and other Americas. The company offers capital markets services consisting of investment sales, including placement and raising of equity; and commercial mortgage brokerage, such as government-sponsored enterprises (GSEs) and federal housing administration (FHA) lending, as well as the placement of debt, loan sales, and structured finance on behalf of third parties. It also provides landlord or agency representation leasing; GSEs and FHA multifamily loan servicing, as well as limited loan servicing, special loan servicing, and asset management; management consulting, managed services, and fund accounting for investors; valuation and advisory services; property management and workspace solutions for owners; due diligence, consulting, and other advisory services; commercial real estate technology platform and capabilities; and business rates for property owners. In addition, the company offers tenant representation leasing; occupier solutions comprising project management, transaction management, lease administration, and facilities management, as well as corporate consulting services to real estate and supply chain optimization, workplace strategy, and occupancy strategy areas; workspace solutions for occupiers; and business rates for occupiers. It serves commercial real estate tenants, investors, owners, occupiers, and developers, lenders, small and medium size businesses, multi-national corporations, and institutional owners of real estate. The company was formerly known as Newmark Grubb Knight Frank Capital Group and changed its name to Newmark Group, Inc. in October 2017. Newmark Group, Inc. was founded in 1929 and is based in New York, New York. Newmark Group, Inc. operates as a subsidiary of Cantor Fitzgerald, L.P.

How this company scores

GoodMetricSide Score: 75/100

Strongest: Growth (22/25); weakest: Balance Sheet & Red Flags (16/25).

Profitability18/25

Growth22/25

Balance Sheet & Red Flags16/25

Cash & Earnings Quality19/25

Strengths

Growing revenueRising earningsCash-backed earningsImproving leverage

Valuation vs. 5-year range

Today's multiple positioned against its own trailing range — a visual premium/discount check.

P/E · 16.7x5y range 4.2x – 89.9x

Currently below its 20-quarter median.

P/S · 0.7x5y range 0.5x – 1.2x

Currently near its 20-quarter median.

P/B · 1.7x5y range 0.9x – 2.8x

Watch items

Data-driven signals worth keeping an eye on across the last 8 quarters

High Risk

Margin Pressure

Red Flag

The company posted negative operating margins in recent quarters — core operations are unprofitable.

Earnings Quality

Red Flag

Free cash flow has been negative in 4 of the last 8 quarters — earnings are not translating to cash.

Price & Volume

Market Cap $2.47B

Metrics at a Glance

as of June 2026

Revenue & Profit

Revenue, EBITDA, operating income, net income, EPS, and shares

TTM Revenue: $3.60B
Q. Revenue: $888.42M
TTM EBITDA: $460.69M
TTM Op. Income: $276.15M
Q. Op. Income: $40.41M
TTM Net Income: $148.25M
Q. Net Income: $19.70M
EPS: $0.11
Shares Out.: $178.60M

$3.60B in TTM revenue grew 20.8% YoY, reaching $888.42M last quarter. TTM EBITDA of $460.69M and TTM operating income of $276.15M show growth is flowing through to the bottom line. TTM net income of $148.25M means revenue is converting into profit. Across the last 8 quarters, TTM revenue has risen for 7 consecutive quarters — an improving trend.

Margins

Gross, EBITDA, operating, and net margin trends

Gross Margin: 4.5%
EBITDA Margin: 9.7%
Op. Margin: 4.5%
Net Margin: 2.2%

Op. margin of 4.5% is down 1.1% YoY — costs are rising relative to revenue. Net margin at 2.2% and gross margin of 4.5% show how much of each revenue dollar survives to profit. Over the past year, operating margin is down 19% — an improving trend.

Price Ratios

P/E, P/S, P/B, EV/EBITDA, FCF yield, and earnings yield

P/E Ratio: 16.7x
P/S Ratio: 0.7x
P/B Ratio: 1.7x

At 16.7x P/E, the stock trades within typical market levels. P/S of 0.7x and P/B of 1.7x provide additional context. Use the growth and margin sections to judge whether the multiple is justified. Across the last 8 quarters, P/E has fallen for 3 consecutive quarters — an improving trend.

Assets & Liabilities

Total assets, cash, debt, book value, and leverage

Total Assets: $5.19B
Cash: $259.70M
Long-Term Debt: $867.28M
Book Value: $1.44B
D/E Ratio: 0.6
Debt/EBITDA: 10.0

With $5.19B in assets and $867.28M in long-term debt, D/E is 0.6and book value is $1.44B — a conservative capital structure with a cushion to weather downturns. Across the last 8 quarters, debt/equity has risen for 2 consecutive quarters — a weakening trend.

Cash Flow

Operating cash flow, free cash flow, FCF margin, and earnings quality

Op. Cash Flow: $362.47M
TTM Free Cash Flow: $797.59M
FCF Margin: 22.1%
FCF / Net Income: 5.4

TTM FCF of $797.59M on $362.47M in operating cash flow. The FCF / Net Income ratio of 5.4x means free cash flow covers net income — earnings are backed by cash. Over the past year, free cash flow is up 397% — an improving trend.