earnings
confidence high
sentiment positive
materiality 0.85
Marcus & Millichap reports record Q4 revenue $495M, EPS $1.53; initiates dividend
Marcus & Millichap, Inc.
2021-FY EPS reported
$3.55
revenue$1,296,440,000
- Q4 revenue $495.1M (+97.9% YoY), net income $62.0M ($1.53 diluted) vs $23.6M ($0.59).
- Full year revenue $1.3B (+80.8%), net income $142.5M ($3.55 diluted) vs $42.8M ($1.08).
- Q4 adjusted EBITDA $88.2M (vs $36.9M), full year $213.0M (vs $75.7M).
- Board declares initial semi-annual regular $0.25/sh and special $1.00/sh dividend, payable Apr 4 to record Mar 8.
- Brokerage commissions doubled to $455.5M in Q4; financing fees +27.5% to $34.2M.