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, US
Websitengkf.com
Overall CultureB-

Latest Updates

Employees (est.) (Dec 2019)5,600(+8%)
Revenue (FY, 2019)$2.2 B(+9%)
Share Price (Nov 2020)$6.6
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
Phil Brodkin

Phil Brodkin

Executive Vice President, Managing Director
Luis Alvarado

Luis Alvarado

Chief Revenue Officer and East Region Market Leader
Barry Gosin

Barry Gosin

Chief Executive Officer
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Newmark Office Locations

Newmark has offices in New York, Allentown, Atlanta, Austin and in 114 other locations
New York, US (HQ)
125 Park Ave
Allentown, US
4905 Tilghman St
Atlanta, US
2000 Riveredge Pkwy
Atlanta, US
3424 Peachtree Rd NE #800
Atlanta, US
6445 Powers Ferry Rd NW #300
Austin, US
2530 Walsh Tarlton Ln #200
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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 (17-Nov-2020)

1.2b

Closing stock price (17-Nov-2020)

6.6

Cash (30-Jun-2020)

306.4m

EV

2.9b
Newmark's current market capitalization is $1.2 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

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
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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

82/100

SecurityScorecard logo

Newmark Online and Social Media Presence

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Newmark Company Culture

  • Overall Culture

    B-

    71/100

  • CEO Rating

    A-

    76/100

  • Compensation

    C+

    66/100

  • Diversity

    C+

    66/100

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Newmark News and Updates

Newmark Negotiates Sale of 760,000 SF Stamford Town Center in Connecticut

Newmark has negotiated the sale of the 760,000-square-foot Stamford Town Center, an urban mall in the city’s downtown area that was built in 1982 and houses approximately 100 tenants. According to the Stamford Advocate, the sales price was $20.1 million. The sale includes an additional 10 acres and …

Newmark Arranges $36.1M Sale of Mixed-Use Property in Beverly Hills

Newmark has arranged the sale of a mixed-use building located at 139 S. Beverly Drive in Beverly Hills. Sakioka Farms, which owned the asset for more than 70 years, sold the property to Hakim Family for $36.1 million, or $1,216 per square foot.

Newmark Knight Frank completes 46,966 s/f in leases at Riverworks at Aetna Mills in Watertown, Mass

Newmark Knight Frank (NKF) has completed two lease extensions totaling 46,966 s/f at Riverworks at Aetna Mills, located at 480 Pleasant St. Former subtenants, Markforged–an industry leading industrial 3D printer manufacturing company–and InCrowd–a provider of real-time pharma intelligence to pharmac…

Newmark Group rejects Cushman & Wakefield takeover offer

Newmark Group recently rejected a takeover offer from rival Cushman & Wakefield. Newmark was not interested in the deal, in part because Cushman carries a high debt load, sources with knowledge of the offer told Bloomberg News. Cushman has about $3.8 billion in debt, which is larger than its …

Newmark Group's Third Quarter 2020 Financial Results Announcement to be Issued Prior to Market Open on Thursday, November 5, 2020

Newmark Group, Inc. (NASDAQ: NMRK) ("Newmark" or "the Company"), which operates a leading full-service commercial real estate services business, today announced the details regarding its third quarter 2020 financial results conference call. This call will take place on Thursday, November 5, 2020 at …
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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 114 other locations.

  • How many offices does Newmark have?

    Newmark has 158 offices.