Strategic Growth & Financial Overview
Newmark is on Track to Continue Industry-Leading Growth
Total Revenue (in $MM)
1,596
11.5%
CAGR
4,500
3,206
2,906
16.2%
CAGR
265
Adjusted EBITDA (in $MM)
687
597
22.5%
CAGR
10.8%
CAGR
900
2017
2021
TTM
2Q22
2025 Target Midpoint
2017
2021
TTM
2Q22
2025 Target
Newmark remains on track to meet its 2025 targets, with Adjusted EBITDA margins same or better than current levels on a fee revenue basis.1
Based on either Street consensus or targets set by our full-service peers, Newmark expects to continue to grow as fast or faster than
our competitors from 2021 through 2025.2
1. Our targets assume that non-fee revenues grow faster than fee or total revenues over the time period. See the excel supplements that accompany our most recent financial results press release for more information on fee revenues.
2. Based on CIGI's "Enterprise 2025" targets and the Refinitiv 2025 consensus for CBRE, CWK, and JLL, these companies are expected to increase revenues and adjusted AEBITDA by simple average CAGRS of 7% and 7%, respectively,
from 2021 through 2025 (all as of 9/6/2022). Newmark's 2025 targets should not be considered guidance.
NEWMARK 15View entire presentation