Marcus & Millichap, Inc.
Marcus & Millichap, Inc. (NYSE: MMI) is a leading national real estate services firm specializing in commercial real estate investment sales, financing services, research and advisory services. The company operates through its website at www.MarcusMillichap.com and maintains a dominant position in the $1 million to… From the company’s description.
Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.
What Marcus & Millichap, Inc. does
In the company’s own words
Marcus & Millichap, Inc. (NYSE: MMI) is a leading national real estate services firm specializing in commercial real estate investment sales, financing services, research and advisory services. The company operates through its website at www.MarcusMillichap.com and maintains a dominant position in the $1 million to $10 million private client market, which represents the largest and most active segment of U.S. commercial property transactions, consistently comprising more than 80% of total transactions above $1 million.
The company generates revenue primarily through real estate brokerage commissions, which accounted for approximately 84% of revenues, followed by financing fees at 14% and other services at 2%. In 2025, the company closed 8,818 sales, financing, and other transactions with total sales volume of approximately $50.8 billion. The brokerage operations are supported by Marcus & Millichap Capital Corporation (MMCC), which provides commercial real estate capital markets solutions including senior debt, mezzanine debt, joint venture, and preferred equity services.
Marcus & Millichap was formed in June 2013 in preparation for the spinoff of Marcus & Millichap Real Estate Investment Services, Inc., which was founded in 1971. The company completed its initial public offering in November 2013. As of December 31, 2025, the company employed 854 employees and maintained a network of 1,808 investment sales and financing professionals operating across more than 80 offices in the United States and Canada. The company's workforce increased by 5.6% year-over-year, reflecting strategic investments in talent acquisition and retention.
The company's competitive strengths include its proprietary technology platform MNet, which enables real-time buyer-seller matching across North America, a comprehensive research division producing over 1,500 publications annually, and an integrated national platform combining investment sales and financing services. The company serves clients across multiple property types including multifamily, retail, office, industrial, single-tenant net lease, seniors housing, self-storage, hospitality, medical office, and manufactured housing. California represents the company's largest geographic market, accounting for approximately 27% of revenues in 2025.
Company details
- Sector
- Real Estate
- Industry
- Real Estate
- Headquarters
- CALABASAS, CA
- Fiscal year end
- December
- CIK
- 1578732
- SIC
- 6531
Financial performance, year by year
Fiscal 2013–2025 · USDThe full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.
Who owns Marcus & Millichap, Inc. — and what changed
Funds as of 2026Q2 · superinvestors as of 2026-06-30
Largest fund holders · Marcus & Millichap, Inc.’s weight in each
Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.
Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.
Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.
Recent filings
All filings →Each filing opens into its own statements and disclosures here.
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