Newmark Group Inc

NASDAQ NMRK

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Newmark Group Inc Gross Profit for the Trailing 12 Months (TTM) ending March 31, 2024: USD -517.78 B

Newmark Group Inc Gross Profit is USD -517.78 B for the Trailing 12 Months (TTM) ending March 31, 2024, a -199.03% change year over year. Gross profit is the difference between revenue and the cost of revenue, representing the profit earned from core business operations.
  • Newmark Group Inc Gross Profit for the Trailing 12 Months (TTM) ending March 31, 2023 was USD 522.83 B, a 16,870.97% change year over year.
  • Newmark Group Inc Gross Profit for the Trailing 12 Months (TTM) ending March 31, 2022 was USD 3.08 B, a 89.61% change year over year.
  • Newmark Group Inc Gross Profit for the Trailing 12 Months (TTM) ending March 31, 2021 was USD 1.62 B, a 72.57% change year over year.
  • Newmark Group Inc Gross Profit for the Trailing 12 Months (TTM) ending March 31, 2020 was USD 941.51 M, a 4.81% change year over year.
NASDAQ: NMRK

Newmark Group Inc

CEO Mr. Howard W. Lutnick
IPO Date Dec. 15, 2017
Location United States
Headquarters 125 Park Avenue, New York, NY, United States, 10017
Employees 7,600
Sector Real Estate
Industry Real estate services
Description

Newmark Group, Inc. provides commercial real estate services in the United States, the United Kingdom, and internationally. The company offers capital markets consisting of investment sales and commercial mortgage brokerage; landlord or agency representation leasing; valuation and advisory; property management; commercial real estate technology platform and capabilities; the United Kingdom business rates services; due diligence, consulting, and other advisory services; GSEs and the Federal Housing Administration lending services comprising multifamily lending and loan servicing; asset management; and flexible workspace solutions for owners. It also provides tenant representation leasing; and global corporate services consisting of workplace and occupancy strategy, energy and sustainability services, technology, project management, real estate and lease administration, and facilities management. The company offers its services to commercial real estate tenants, investors, owners, occupiers, and developers; lenders; small and medium size businesses; and multi-national corporations. The company was formerly known as Newmark Grubb Knight Frank Capital Group and changed its name to Newmark Group, Inc. in October 2017. Newmark Group, Inc. was founded in 1929 and is based in New York, New York. Newmark Group, Inc.operates as a subsidiary of Cantor Fitzgerald, L.P.

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StockViz Staff

September 16, 2024

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