Marcus & Millichap annual free cash flow
2011
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2024
2025
Marcus & Millichap Free Cash Flow (FCF) History (MMI)
Marcus & Millichap reported $58.8M in free cash flow for fiscal 2025, an increase of 324.72% from the previous fiscal year, with a free cash flow margin of 7.78%.
View full Marcus & Millichap company overviewMarcus & Millichap free cash flow by year
| Fiscal year | Period ended | Free cash flow | Change | Growth | FCF margin |
|---|---|---|---|---|---|
| 2025 | 2025-12-31 | $58.8M | $44.9M | +324.72% | +7.78% |
| 2024 | 2024-12-31 | $13.8M | $95.6M | — | +1.99% |
| 2023 | 2023-12-31 | −$81.8M | −$83.8M | — | −12.66% |
| 2022 | 2022-12-31 | $2.0M | −$247.1M | −99.21% | +0.15% |
| 2021 | 2021-12-31 | $249.0M | $217.9M | +699.69% | +19.21% |
| 2020 | 2020-12-31 | $31.1M | $14.7M | +89.03% | +4.34% |
| 2019 | 2019-12-31 | $16.5M | −$92.8M | −84.92% | +2.04% |
| 2018 | 2018-12-31 | $109.2M | $49.3M | +82.12% | +13.41% |
| 2017 | 2017-12-31 | $60.0M | −$5.0M | −7.74% | +8.33% |
| 2016 | 2016-12-31 | $65.0M | −$311,000 | −0.48% | +9.06% |
| 2015 | 2015-12-31 | $65.3M | −$3.5M | −5.15% | +9.48% |
| 2014 | 2014-12-31 | $68.9M | −$23.3M | −25.26% | +12.04% |
| 2013 | 2013-12-31 | $92.1M | $61.4M | +199.27% | +21.14% |
| 2012 | 2012-12-31 | $30.8M | $16.1M | +108.99% | +7.98% |
| 2011 | 2011-12-31 | $14.7M | — | — | +5.36% |
Marcus & Millichap quarterly free cash flow
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Q3.14
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Q3.15
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Q1.16
Q3.16
Q1.17
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Q1.19
Q2.19
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Q1.22
Q2.22
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Q1.24
Q2.24
Q3.24
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Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Free cash flow | Change | YoY growth | FCF margin |
|---|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $21.2M | $1.9M | +10.09% | +10.46% |
| Q1 2026 | 2026-03-31 | −$30.5M | $23.8M | — | −17.81% |
| Q4 2025 | 2025-12-31 | $43.9M | −$11.3M | −20.42% | +17.98% |
| Q3 2025 | 2025-09-30 | $50.0M | $36.8M | +279.02% | +25.77% |
| Q2 2025 | 2025-06-30 | $19.3M | $20.1M | — | +11.20% |
| Q1 2025 | 2025-03-31 | −$54.3M | −$672,000 | — | −37.46% |
| Q4 2024 | 2024-12-31 | $55.1M | $42.1M | +323.95% | +22.96% |
| Q3 2024 | 2024-09-30 | $13.2M | $7.7M | +142.25% | +7.82% |
| Q2 2024 | 2024-06-30 | −$806,000 | −$4.6M | — | −0.51% |
| Q1 2024 | 2024-03-31 | −$53.7M | $50.4M | — | −41.56% |
| Q4 2023 | 2023-12-31 | $13.0M | −$9.3M | −41.70% | +7.82% |
| Q3 2023 | 2023-09-30 | $5.4M | −$31.1M | −85.10% | +3.36% |
| Q2 2023 | 2023-06-30 | $3.8M | −$8.7M | −69.53% | +2.35% |
| Q1 2023 | 2023-03-31 | −$104.1M | −$34.7M | — | −67.23% |
| Q4 2022 | 2022-12-31 | $22.3M | −$131.4M | −85.49% | +8.50% |
| Q3 2022 | 2022-09-30 | $36.5M | −$28.1M | −43.51% | +11.28% |
| Q2 2022 | 2022-06-30 | $12.6M | −$39.3M | −75.81% | +3.17% |
| Q1 2022 | 2022-03-31 | −$69.4M | −$48.2M | — | −21.73% |
| Q4 2021 | 2021-12-31 | $153.7M | $88.9M | +137.10% | +31.04% |
| Q3 2021 | 2021-09-30 | $64.7M | $42.3M | +189.16% | +19.45% |
| Q2 2021 | 2021-06-30 | $51.9M | $52.7M | — | +18.21% |
| Q1 2021 | 2021-03-31 | −$21.2M | $34.0M | — | −11.52% |
| Q4 2020 | 2020-12-31 | $64.8M | $35.6M | +122.21% | +25.91% |
| Q3 2020 | 2020-09-30 | $22.4M | $6.6M | +41.59% | +14.10% |
| Q2 2020 | 2020-06-30 | −$849,000 | −$12.6M | — | −0.72% |
| Q1 2020 | 2020-03-31 | −$55.2M | −$14.9M | — | −28.94% |
| Q4 2019 | 2019-12-31 | $29.2M | −$865,000 | −2.88% | +12.26% |
| Q3 2019 | 2019-09-30 | $15.8M | $30.1M | — | +7.97% |
| Q2 2019 | 2019-06-30 | $11.8M | −$11.5M | −49.50% | +5.61% |
| Q1 2019 | 2019-03-31 | −$40.2M | −$1.8M | — | −25.04% |
| Q3 2018 | 2018-09-30 | $30.0M | $3.6M | +13.51% | +14.26% |
| Q1 2018 | 2018-03-31 | −$14.4M | $7.0M | — | −8.22% |
| Q3 2017 | 2017-09-30 | $23.3M | −$7.2M | −23.68% | +12.69% |
| Q1 2017 | 2017-03-31 | −$38.5M | −$53.6M | — | −25.10% |
| Q3 2016 | 2016-09-30 | $26.5M | −$12.2M | −31.47% | +14.65% |
| Q1 2016 | 2016-03-31 | −$21.4M | −$2.4M | — | −13.00% |
| Q4 2015 | 2015-12-31 | $30.5M | $1.9M | +6.82% | +15.01% |
| Q3 2015 | 2015-09-30 | $15.2M | $32.8M | — | +9.14% |
| Q2 2015 | 2015-06-30 | $38.6M | $13.3M | +52.57% | +22.26% |
| Q1 2015 | 2015-03-31 | −$18.9M | −$53.2M | — | −12.93% |
| Q3 2014 | 2014-09-30 | $28.5M | — | — | +18.92% |
| Q1 2014 | 2014-03-31 | −$17.7M | — | — | −15.40% |
| Q3 2013 | 2013-09-30 | $25.3M | — | — | +22.61% |
| Q1 2013 | 2013-03-31 | $34.2M | — | — | +49.36% |
Marcus & Millichap free cash flow growth trends
Over the last five reported fiscal years, free cash flow grew from $31.1M to $58.8M, a compound annual growth rate of 13.55%. Marcus & Millichap's latest reported quarter, Q2 2026, generated $21.2M in free cash flow, an increase of 10.09% year over year.
About the metric
What free cash flow means
Free cash flow is the cash a company generates from operations after capital expenditures. Positive FCF can fund dividends, buybacks, debt repayment, or reinvestment; negative FCF means capital spending exceeded operating cash flow for that period.
Calculation and source
How free cash flow is calculated
TickerStat calculates free cash flow as SEC-reported operating cash flow minus capital expenditures. FCF margin equals free cash flow divided by revenue. Fiscal periods can differ from calendar years, so the tables include exact period-end dates.
Review Marcus & Millichap filings at SEC.gov ↗