Marcus & Millichap Inc (MMI) valuation
Marcus & Millichap P/E ratio history
Marcus & Millichap trades at 77.8 times its earnings over the last twelve months and 45.4 times the earnings analysts expect over the next twelve. At its last 7 fiscal year ends its P/E ranged from 13.3 (year to Dec 2022) to 34.8 (year to Dec 2020), with a median of 16.1.
| Fiscal year ended | Price | EPS | P/E |
|---|---|---|---|
| Dec 31, 2025 | $27.29 | -$0.05 | n/m |
| Dec 31, 2024 | $38.26 | -$0.32 | n/m |
| Dec 31, 2023 | $43.68 | -$0.88 | n/m |
| Dec 31, 2022 | $34.45 | $2.59 | 13.3 |
| Dec 31, 2021 | $51.46 | $3.55 | 14.5 |
| Dec 31, 2020 | $37.23 | $1.07 | 34.8 |
| Dec 31, 2019 | $37.25 | $1.95 | 19.1 |
| Dec 31, 2018 | $34.33 | $2.21 | 15.5 |
| Dec 31, 2017 | $32.61 | $1.32 | 24.7 |
| Dec 31, 2016 | $26.72 | $1.66 | 16.1 |
n/m: not meaningful (a loss, or earnings close to zero). The daily P/E line is a chart indicator in the app.
Marcus & Millichap valuation against its peers
| Company | Market value | P/E | Forward P/E | Price / sales |
|---|---|---|---|---|
| Marcus & MillichapMMI | $1.06B | 77.8 | 45.4 | 1.3 |
| Easterly Government PropertiesDEA | $1.06B | 79.8 | 46.9 | 2.9 |
| CenterspaceCSR | $982M | 46.0 | — | 3.7 |
| Piedmont Realty TrustPDM | $1.20B | — | 66.6 | 2.1 |
| Forestar GroupFOR | $1.22B | 7.2 | 8.4 | 0.7 |
| Alexanders ReitALX | $1.28B | 7.6 | — | 6.0 |
| Umh PropertiesUMH | $1.29B | 126.3 | 99.0 | 4.8 |
| Empire State Realty Reit Inc TrustESRT | $857M | 248.5 | — | 1.1 |
| American Assets Trust ReitAAT | $1.34B | 75.4 | 59.9 | 3.1 |
| Peer median | 75.4 | 59.9 | 3.0 |
Reading these multiples
The P/E divides the share price by earnings per share over the last twelve months; the forward P/E divides it by the earnings analysts expect over the next twelve. Price to sales compares the company's market value with its revenue over the last twelve months. A multiple reads differently from one industry to the next, so the peer group above is the fairer comparison.
See also: MMI financials · MMI returns
No forecast, no recommendation. This page describes Marcus & Millichap Inc from published data; it is not advice to buy, sell or hold any security.
Figures as of the close on Oct 30, 2026 unless a row says otherwise. Prices are split adjusted; returns include dividends reinvested. Data may be delayed. See the disclaimer and how TrendArc works.