MMI — Stock Film
STOCK FILMSCENE 1/11MMI · $32.70
Stock Expert AI presents
MMI
Marcus & Millichap, Inc
~4 min film100% real numbers0 jargon
WHAT DOES THIS COMPANY DO?
Marcus & Millichap, Inc. A quick introduction.

On the stock market since 2013, it operates in the world of real estate. It has 854 employees. Now — the numbers.

on the stock market since 2013
854 employees
$1.2B market value
Revenue last year:
$0
The loss that same year:
$0
Sales don’t cover the costs; the gap drains from the cash pile every year.

The company closed last year at a loss: costs ran above sales. The picture changes only if spending is reined in.

WHERE DOES THE MONEY COME FROM?
84%Real Estate Brokerage Commissions
Real Estate Brokerage Commissions 84%Financing Fees 14%Other Revenues 2%
84% of all revenue comes from a single line: Real Estate Brokerage Commissions.

That much dependence is a risk in itself: if this one line weakens, the whole company feels it directly.

THE SALES TREND
Sales have been shrinking.

An average decline of 13% a year over the last 4 years — the most striking risk in this picture. Red columns mark years that ended in a loss.

$1.3B
2021
$1.3B
2022
$645.9M
2023
$696.1M
2024
$755.2M
2025
In the vault right now:
$0
DEBT: $78.3M
At this pace, that money lasts about 132.3 years.

Before the clock runs out, either sales must climb sharply or new money must come in. For now, time is on the company’s side.

INSIDE THE REPORT CARD

We compared this company with its own sector across five subjects.

A score of 50 means class average.

BUSINESS QUALITY
56
average

Profit indicators sit around the sector average.

FINANCIAL STRENGTH
100
very strong

Debt is low and cash is strong; the finances stand solid.

VALUATION
77
strong

Clearly above the class average — a step short of the very top.

GROWTH
58
average

There is growth, but not at top-of-the-class tempo.

PRICE MOMENTUM
85
very strong

The stock has been running stronger than the market lately.

No real weak spot in any of the five subjects — a balanced report card.

THE FIVE-YEAR JOURNEY
Below the peak, but no collapse.

The stock trades 42% below its peak. The market has trimmed its expectations for the company.

1
THE BRIGHT SIDE · 1/3
Sales are holding up

The company sells $755.2M a year; the problem isn’t sales — it’s costs running above that number.

2
THE BRIGHT SIDE · 2/3
Strong cash, light debt

There is $252.5M in the vault; even if every debt were paid off, $174.2M would remain.

3
THE BRIGHT SIDE · 3/3
Delivers on expectations

It met or beat analyst expectations in 7 of the last 8 quarters — consistency is a promise kept.

1
THE RISKS · 1/2
The losses continue

A loss of $1.9M against $755.2M in annual sales.

2
THE RISKS · 2/2
The price sits above analysts’ target

The stock trades 20% above the average analyst price target.

FINALE · THE GRADE
A
0 / 100 · MoonshotScore

On our five-subject report card, MMI sits near the top of the class. A high grade doesn’t mean “guaranteed win” — it means “the evidence looks strong for now.”

The takeaway: MMI has solid sales but closed last year at a loss. The road back to profit runs through spending discipline.

The total grade weighs these five subjects against the sector — it isn’t a simple average of the five.

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This was a film — not investment advice.
Data: FMP & company filings
Aug 21, 2026 · stockexpertai.com · Stock Film