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.
| Type | Public | |
| Founded | 1929 | |
| HQ | New York, US | Map |
| Website | ngkf.com | |
| Overall Culture | B- | More |
Recent NewsAll News
- Newmark Negotiates Sale of 760,000 SF Stamford Town Center in Connecticut
- Newmark Arranges $36.1M Sale of Mixed-Use Property in Beverly Hills
- Newmark Knight Frank completes 46,966 s/f in leases at Riverworks at Aetna Mills in Watertown, Mass
- Newmark Knight Frank's Philadelphia Office Adds New Executive Managing Director
Key People/Management at Newmark
Howard Lutnick
Michael Rispoli
Robert Griffin
Phil Brodkin
Luis Alvarado
Barry Gosin
Newmark Office Locations
Newmark Financials and Metrics
Newmark Revenue
| 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 (17-Nov-2020) | 1.2b |
Closing stock price (17-Nov-2020) | 6.6 |
Cash (30-Jun-2020) | 306.4m |
EV | 2.9b |
| USD | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 |
|---|---|---|---|---|---|---|---|---|
Net Income | 32.5m | 36.8m | 152.3m | 23.4m | 55.5m | 178.0m | 14.2m | 14.9m |
Depreciation and Amortization | 22.5m | 42.7m | 68.6m | 28.3m | 61.7m | 98.5m | 46.0m | 75.0m |
Accounts Payable | 30.1m | 39.9m | 69.4m | (30.0m) | 31.8m | 24.1m | (6.7m) | (73.4m) |
Cash From Operating Activities | (590.4m) | (121.0m) | (636.4m) | 39.4m | 218.6m | 393.4m | (652.4m) | (955.1m) |
| USD | FY, 2017 |
|---|---|
EV/EBIT | 16.6 x |
EV/CFO | 3.9 x |
Revenue/Employee | 332.6k |
Debt/Equity | 4.6 x |
Debt/Assets | 0.5 x |
Financial Leverage | 10.2 x |
P/E Ratio | 18.7 |
Newmark Operating Metrics
| FY, 2016 | Q1, 2017 | Q2, 2017 | Q3, 2017 | FY, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | FY, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | FY, 2019 | Q1, 2020 | Q2, 2020 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Transaction Volume (Investment Sales) | $28.31 b | $6.90 b | $8.30 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 | $10.80 b | $2.41 b | $2.96 b | $3.09 b | $13.61 b | $3.54 b | $4.88 b | $5 b | $20.70 b | $4.32 b | $1.30 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 | $3.20 b | $954 m | $955 m |
Newmark Acquisitions / Subsidiaries
| Company Name | Date | Deal Size |
|---|---|---|
| MLG Commercial | April 10, 2019 | |
| JACKSON & COOKSEY, INC. | June 29, 2018 | |
| RKF | May 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. |
Newmark Revenue Breakdown
Newmark revenue breakdown by business segment: 38.5% from Leasing and Other Commissions, 24.4% from Capital markets, 8.9% from Gains from Mortgage Banking Activities/Origination and 28.1% from Management Services, Servicing Fees and Other
Newmark Cybersecurity Score
Newmark Online and Social Media Presence
12.77k Twitter followers
Newmark has 12.77k Twitter Followers. The number of followers has increased 99.6% month over month and increased 0.1% quarter over quarter
Newmark's Trends
Twitter Engagement Stats for @newmark
4.8k
Tweets
76
Following
12.8k
Followers
17
Tweets last 30 days
5.5
Avg. likes per Tweet
100%
Tweets with engagement
Newmark Company Culture
Overall Culture
B-
71/100
CEO Rating
A-
76/100
Compensation
C+
66/100
Diversity
C+
66/100
Newmark News and Updates
Newmark Negotiates Sale of 760,000 SF Stamford Town Center in Connecticut
Newmark Arranges $36.1M Sale of Mixed-Use Property in Beverly Hills
Newmark Knight Frank completes 46,966 s/f in leases at Riverworks at Aetna Mills in Watertown, Mass
Newmark Group rejects Cushman & Wakefield takeover offer
Newmark Group's Third Quarter 2020 Financial Results Announcement to be Issued Prior to Market Open on Thursday, November 5, 2020
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 114 other locations.
How many offices does Newmark have?
Newmark has 158 offices.
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