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, US
Websitengkf.com
Overall CultureB

Latest Updates

Employees (est.) (Dec 2019)5,600(+8%)
Revenue (FY, 2019)$2.2 B(+9%)
Share Price (Jun 2021)$12.9
Cybersecurity ratingBMore

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
Luis Alvarado

Luis Alvarado

Chief Revenue Officer and East Region Market Leader
Stephen Merkel

Stephen Merkel

Chief Legal Officer and Executive Vice President
Michael Snow

Michael Snow

Director, Newmark Group
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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
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Newmark Financials and Metrics

Newmark Revenue

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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 (4-Jun-2021)

2.4b

Closing stock price (4-Jun-2021)

12.9

Cash (30-Jun-2020)

306.4m

EV

4.2b
Newmark's current market capitalization is $2.4 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%
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
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)
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 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.
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Newmark Revenue Breakdown

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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

Cybersecurity ratingPremium dataset

B

84/100

SecurityScorecard logo

Newmark Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

40-49

out of 100

CSRHub logo

Newmark Online and Social Media Presence

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Newmark Company Culture

  • Overall Culture

    B

    71/100

  • CEO Rating

    A-

    75/100

  • Compensation

    C

    66/100

  • Diversity

    C

    66/100

Learn more on Comparably

Newmark News and Updates

Real-estate giant Newmark hires longtime JLL tech executive Sridhar Potineni as chief information officer

Summary List PlacementReal estate tech veteran Sridhar Potineni will become Newmark's chief information officer, Insider can exclusively reveal. Potineni joins the commercial real estate services and brokerage company after more than 20 years at rival JLL, where he was most recently the chief tech…

Knotel co-founder leaves company, describes investor Newmark as ‘a stalking horse’

Earlier this year, we covered the demise of flexible workspace operator Knotel. The once high-flying startup had just announced it had filed for bankruptcy and that its assets were being acquired by investor and commercial real estate brokerage Newmark for a reported $70 million. It was a hard fall …

Global Real Estate Market Report 2021: Long-term Forecast to 2025 & 2030 - Key Players are CBRE; Jones Lang LaSalle; New World Development; Colliers Int'l and Newmark Grubb Knight Frank

Dublin, March 16, 2021 (GLOBE NEWSWIRE) -- The "Real Estate Global Market Report 2021: COVID-19 Impact and Recovery to 2030" report has been added to ResearchAndMarkets.com's offering. The global real estate market is expected to grow from $2687. 35 billion in 2020 to $2774. 45 billion in 2021 at …

Newmark Valuation & Advisory to Utilize Altus Group’s Cloud-Enabled ARGUS Enterprise

Cloud-enabled ARGUS Enterprise includes powerful API integration, boosting reporting capabilities and supporting streamlined valuations Cloud-enabled ARGUS Enterprise includes powerful API integration, boosting reporting capabilities and supporting streamlined valuations

Newmark to Acquire Assets of Knotel

NEW YORK, Jan. 31, 2021 /PRNewswire/ -- Newmark Group, Inc. (Nasdaq: NMRK) ("Newmark") today agreed to provide debtor-in-possession ("DIP") financing to Knotel, Inc. ("Knotel") and acquire Knotel's business through its Chapter 11 sales process. "We look forward to supporting Knotel...

Schweiger Dermatology Group Announces Acquisition of Montgomery Dermatology in King of Prussia and Audubon, Pennsylvania and Dr. Joseph Newmark in Vestal, New York

KING OF PRUSSIA, Pa., Jan. 5, 2021 /PRNewswire/ -- Schweiger Dermatology Group has announced today that it has completed the acquisition of Montgomery Dermatology, with three office locations in King of Prussia and Audubon, Pennsylvania. Schweiger Dermatology Group also expanded its...
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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.