Douglas Elliman vs Marcus & Millichap
Douglas Elliman is the larger business, with $1.03bn of revenue in fiscal 2025 against $755m for Marcus & Millichap (1.4 times as much). Marcus & Millichap grew faster (8.5% against 3.8%). Douglas Elliman kept more of each dollar of sales as profit: a net margin of 1.5% against -0.3%. Douglas Elliman carries less debt relative to equity (0.0% against 0.0%).
| Latest fiscal year | Douglas EllimanDOUG, 2025 | Marcus & MillichapMMI, 2025 |
|---|---|---|
| Revenue | $1.03bn | $755m |
| Revenue growth | 3.8% | 8.5% |
| Net income | $15.2m | −$1.9m |
| Operating margin | 4.4% | -1.8% |
| Net margin | 1.5% | -0.3% |
| Return on equity | 8.8% | -0.3% |
| Free cash flow | −$17.2m | $58.8m |
| Cash | $116m | $162m |
| Total debt | $0 | $0 |
| Debt to equity | 0.0% | 0.0% |
| Dividend per share | — | — |
| Dividend yield | — | 1.8% |
| Share buybacks | — | $25.4m |
| Employees | 580 | 854 |
| Market value | $142m | $1.09bn |
| Price vs our value range | — | Above our value range |
| Moat score | 15 (Weak) | 50 (Moderate) |
| Insider trades, 12 months | 0 buys, 0 sales | 0 buys, 2 sales |