Newmark

  • Revenue$2.2 BFY, 2019
  • Market Capitalization$2.1 B2022-06-28

OverviewSuggest Edit

Newmark (formerly known as Newmark Knight Frank) is a full-service commercial real estate services company. It offers an array of integrated services and products designed to meet the needs of both real estate investors/owners and occupiers. Newmark's investor/owner services and products include capital markets, which consists of investment sales, debt and structured finance and loan sales, agency leasing, property management, valuation and advisory, commercial real estate due diligence consulting and advisory services and government-sponsored enterprise lending and loan servicing, mortgage broking, and equity-raising. Its occupier services and products include tenant representation, real estate management technology systems, workplace and occupancy strategy, global corporate consulting services, project management, lease administration, and facilities management.

TypePublic
Founded1929
HQNew York, NY, USMap
Websitengkf.com
Overall CultureC-More

Recent NewsAll News

Latest Updates

Employees (est.) (Dec 2019)5,600(+8%)
Revenue (FY, 2019)$2.2 B(+9%)
Share Price (Jun 2022)$9.7(-2%)
Cybersecurity ratingCMore
Discover new suppliers and conduct deeper comparison analysis with Craft for EnterpriseLearn more
Banner background

Key People/Management at Newmark

Howard Lutnick

Howard Lutnick

Chairman
Michael Rispoli

Michael Rispoli

Chief Financial Officer
Robert Griffin

Robert Griffin

Co-Head of U.S. Capital Markets
Barry Gosin

Barry Gosin

Chief Executive Officer
Stephen Merkel

Stephen Merkel

Chief Legal Officer and Executive Vice President
Michael Snow

Michael Snow

Director, Newmark Group
Show more

Newmark Office Locations

Newmark has offices in New York, Allentown, Atlanta, Austin and in 119 other locations
New York, NY, US (HQ)
125 Park Ave
Allentown, PA, US
4905 Tilghman St
Atlanta, GA, US
1100 Peachtree St NE #350
Atlanta, GA, US
2000 Riveredge Pkwy
Atlanta, GA, US
3424 Peachtree Rd NE #800
Atlanta, GA, US
6445 Powers Ferry Rd NW #300
Show all (163)

Newmark Financials and Metrics

Newmark Revenue

Embed Graph
View revenue for all periods
Newmark's revenue was reported to be $2.22 b in FY, 2019 which is a 8.3% increase from the previous period.
USD

Revenue (Q2, 2020)

383.7m

Gross profit (Q2, 2020)

142.3m

Gross profit margin (Q2, 2020), %

37.1%

Net income (Q2, 2020)

644.0k

EBIT (Q2, 2020)

10.8m

Market capitalization (28-Jun-2022)

2.1b

Closing stock price (28-Jun-2022)

9.7

Cash (30-Jun-2020)

306.4m

EV

3.8b
Newmark's current market capitalization is $2.1 b.
Annual
USDFY, 2017FY, 2018FY, 2019

Revenue

1.6b2.0b2.2b

Revenue growth, %

18%28%8%

Cost of goods sold

1.1b1.4b1.5b

Gross profit

461.6m661.0m683.3m
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020

Revenue

430.5m466.6m518.8m373.4m551.5m586.6m483.9m383.7m

Cost of goods sold

278.5m334.0m332.2m277.2m356.1m397.7m313.2m241.4m

Gross profit

152.0m132.6m186.7m96.1m195.4m189.0m170.8m142.3m

Gross profit Margin, %

35%28%36%26%35%32%35%37%
show all
Annual
USDFY, 2017FY, 2018FY, 2019

Cash

121.0m122.5m163.6m

Accounts Receivable

210.5m451.6m508.4m

Current Assets

825.1m1.8b1.1b

PP&E

64.8m78.8m98.0m
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020

Cash

48.1m60.3m70.6m72.5m107.7m116.3m291.5m306.4m

Accounts Receivable

293.1m617.7m390.2m445.9m466.8m478.7m439.1m402.7m

Current Assets

1.6b1.3b2.1b1.6b1.6b1.6b1.7b1.9b

PP&E

64.6m67.7m72.2m81.8m83.5m93.8m103.1m102.6m
show all
Annual
USDFY, 2017FY, 2018FY, 2019

Net Income

145.1m191.9m161.7m

Depreciation and Amortization

95.8m97.7m131.1m

Accounts Payable

13.1m152.9m90.7m

Cash From Operating Activities

852.2m(332.4m)986.8m
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020

Net Income

32.5m36.8m152.3m23.4m55.5m178.0m14.2m14.9m

Depreciation and Amortization

22.5m42.7m68.6m28.3m61.7m98.5m46.0m75.0m

Accounts Payable

30.1m39.9m69.4m(30.0m)31.8m24.1m(6.7m)(73.4m)

Cash From Operating Activities

(590.4m)(121.0m)(636.4m)39.4m218.6m393.4m(652.4m)(955.1m)
show all
USDFY, 2017

Revenue/Employee

332.6k

Debt/Equity

4.6 x

Debt/Assets

0.5 x

Financial Leverage

10.2 x
Show all financial metrics

Newmark Operating Metrics

FY, 2016Q1, 2017Q2, 2017Q3, 2017FY, 2017Q1, 2018Q2, 2018Q3, 2018FY, 2018Q1, 2019Q2, 2019Q3, 2019FY, 2019Q1, 2020Q2, 2020

Transaction Volume (Investment Sales)

$28.31 b$6.9 b$8.3 b$8.33 b$35.03 b$8.47 b$8.63 b$9.97 b$42.27 b$9.71 b$11.26 b$13.02 b$50.68 b$13.11 b$4.75 b

Transaction Volume (Mortgage Brokerage)

$5.84 b$1.49 b$3.35 b$2.22 b$10.8 b$2.41 b$2.96 b$3.09 b$13.61 b$3.54 b$4.88 b$5 b$20.7 b$4.32 b$1.3 b

Transaction Volume (Total Capital Markets)

$34.15 b$8.39 b$11.65 b$10.55 b$45.82 b$10.88 b$11.59 b$1.31 b$55.88 b$13.25 b$16.14 b$18.01 b$71.38 b$17.42 b$6.04 b

Transaction Volume (Fannie Mae)

$4.44 b$1.27 b$982 m$784 m$3.89 b$626 m$1.25 b$1.44 b$4.57 b$493 m$887 m$942 m$3.2 b$954 m$955 m

Newmark Acquisitions / Subsidiaries

Company NameDateDeal Size
MLG CommercialApril 10, 2019
JACKSON & COOKSEY, INC.June 29, 2018
RKFMay 29, 2018
375 PARK INVESTMENTS HOLDINGS
375 PARK INVESTMENTS HOLDINGS, LLC
ACRES BROKERAGE
ACRES PROPERTY MAINTENANCE
ACRES PROPERTY MANAGEMENT
AMERICAN COMMERCIAL REAL ESATE SPECIALISTS GROUP
APARTMENT REALTY ADVISORS/CENTRAL STATES,  INC.
Show more

Newmark Revenue Breakdown

Embed Graph

Newmark revenue breakdown by business segment: 28.1% from Management Services, Servicing Fees and Other, 38.5% from Leasing and Other Commissions, 24.4% from Capital markets and 8.9% from Gains from Mortgage Banking Activities/Origination

Newmark Cybersecurity Score

Cybersecurity ratingPremium dataset

C

76/100

Learn more about our premium products
SecurityScorecard logo

Newmark Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

40-49

out of 100

Learn more about our premium products
CSRHub logo

Newmark Online and Social Media Presence

Newmark's Trends

Embed Graph

Newmark Company Culture

  • Overall Culture

    C-

    64/100

  • CEO Rating

    C+

    68/100

  • Compensation

    D

    53/100

  • Diversity

    C-

    64/100

Learn more on Comparably

Newmark News and Updates

May 31, 2022

Newmark Group Participated in the KBW Virtual Real Estate Finance & Technology Conference

NEW YORK, May 31, 2022 /PRNewswire/ -- Newmark Group, Inc. (Nasdaq: NMRK) ("Newmark" or "the Company"), a leading full-service commercial real estate business, today announced that Jeff Day, the Company's Chief Strategy Officer and President, Head of Multifamily Capital Markets,...
May 18, 2022

Newmark Completes $390 Million Sale of Grocery-Anchored Retail Portfolio in Massachusetts and Rhode Island

TA Realty and operating partner, Wilder, acquire nine premier shopping centers totaling 729,437 square feet across the greater Boston and Providence areas BOSTON, May 18, 2022 /PRNewswire/ -- Newmark announces the $390 million sale of nine grocery-anchored shopping centers located across...
April 15, 2022

Newmark Group's First Quarter 2022 Financial Results Announcement to be Issued Prior to Market Open on Friday, April 29, 2022

Conference call scheduled for the same day at 10:00 a.m. ET NEW YORK, April 15, 2022 /PRNewswire/ -- Newmark Group, Inc. (Nasdaq: NMRK) ("Newmark" or "the Company"), a leading full-service commercial real estate services business, today announced the details of its first quarter 2022...
April 07, 2022

Newmark Acquires Esteemed Boston-Based Firm McCall & Almy

NEW YORK and BOSTON, April 7, 2022 /PRNewswire/ -- Newmark Group, Inc. (Nasdaq: NMRK) ("Newmark"), a world leader in commercial real estate, announces the acquisition of McCall & Almy, Inc., a leading tenant representation and real estate advisory firm in Boston, renowned for expertise in...
April 04, 2022

Newmark Acquires Premier London Capital Markets and Leasing Real Estate Advisory Firm, BH2

NEW YORK and LONDON, April 4, 2022 /PRNewswire/ -- Newmark Group, Inc. (Nasdaq: NMRK) ("Newmark"), a world leader in commercial real estate, announces the acquisition of leading London-based real estate advisory firm, BH2, led by the iconic Tony Gibbon. Tony joins with his partners, Dan...
February 28, 2022

Craig Newmark Philanthropies Announces $2.95M Grant to Bob Woodruff Foundation to Expand National Support for Veterans

New York, Feb. 28, 2022 (GLOBE NEWSWIRE) -- Today, Craig Newmark Philanthropies announced a generous $2.95 million grant to the Bob Woodruff Foundation (BWF) to strengthen the Foundation’s Got Your 6 Network. The Got Your 6 Network is the nation’s largest non-governmental cohort of organizations s…
Show more

 Newmark Frequently Asked Questions

  • When was Newmark founded?

    Newmark was founded in 1929.

  • Who are Newmark key executives?

    Newmark's key executives are Howard Lutnick, Michael Rispoli and Robert Griffin.

  • How many employees does Newmark have?

    Newmark has 5,600 employees.

  • What is Newmark revenue?

    Latest Newmark annual revenue is $2.2 b.

  • What is Newmark revenue per employee?

    Latest Newmark revenue per employee is $396.1 k.

  • Who are Newmark competitors?

    Competitors of Newmark include Colliers International, Cushman & Wakefield and CBRE Group.

  • Where is Newmark headquarters?

    Newmark headquarters is located at 125 Park Ave, New York.

  • Where are Newmark offices?

    Newmark has offices in New York, Allentown, Atlanta, Austin and in 119 other locations.

  • How many offices does Newmark have?

    Newmark has 163 offices.