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Marcus & Millichap (Marcus & Millichap) Tax Rate % : 12.42% (As of Dec. 2023)


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What is Marcus & Millichap Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Marcus & Millichap's Tax Expense for the three months ended in Dec. 2023 was $-1.5 Mil. Marcus & Millichap's Pre-Tax Income for the three months ended in Dec. 2023 was $-11.7 Mil. Therefore, Marcus & Millichap's Tax Rate % for the quarter that ended in Dec. 2023 was 12.42%.

Marcus & Millichap Tax Rate % Historical Data

The historical data trend for Marcus & Millichap's Tax Rate % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Marcus & Millichap Tax Rate % Chart

Marcus & Millichap Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 28.45 27.84 26.30 26.62 15.76

Marcus & Millichap Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Tax Rate % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 21.39 49.13 -45.46 17.87 12.42

Marcus & Millichap Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Marcus & Millichap's Tax Rate % for the fiscal year that ended in Dec. 2023 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2023 )/Pre-Tax Income (A: Dec. 2023 )
=-6.366/-40.401
=15.76 %

Marcus & Millichap's Tax Rate % for the quarter that ended in Dec. 2023 is calculated as

Tax Rate %=Tax Expense (Q: Dec. 2023 )/Pre-Tax Income (Q: Dec. 2023 )
=-1.451/-11.684
=12.42 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Marcus & Millichap Tax Rate % Related Terms

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Marcus & Millichap (Marcus & Millichap) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Marcus & Millichap Inc (NYSE:MMI) » Definitions » Tax Rate %
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Traded in Other Exchanges
M6M:Germany
Address
23975 Park Sorrento, Suite 400, Calabasas, CA, USA, 91302
Website
https://www.marcusmillichap.com
Marcus & Millichap Inc is a leading national brokerage firm specializing in commercial real estate investment sales, financing, research, and advisory services. The company offers three primary services to its clients: commercial real estate investment brokerage, financing, and ancillary services, including other research, advisory, and consulting services. The company generates revenues by collecting fees on the sale and financing of commercial properties. These fees consist of commissions collected upon the sale of a property and fees collected from the placement of loans.
Executives
Richard D. Matricaria officer: EVP & COO - Western Division C/O MARCUS & MILLICHAP, INC., 23975 PARK SORRENTO, CALABASAS CA 91302
Gregory A. Laberge officer: Chief Administrative Officer C/O MARCUS & MILLICHAP, INC., 23975 PARK SORRENTO, SUITE 400, CALABASAS CA 91302
Don C. Watters director C/O MARCUS & MILLICHAP, INC., 23975 PARK SORRENTO, SUITE 400, CALABASAS CA 91302
John David Parker officer: EVP & COO - Eastern Division C/O MARCUS & MILLICHAP, INC., 23975 PARK SORRENTO, SUITE 400, CALABASAS CA 91302
Hessam Nadji officer: Chief Strategy Officer C/O MARCUS & MILLICHAP, INC., 23975 PARK SORRENTO, SUITE 400, CALABASAS CA 91302
English Dixon Collete director C/O MARCUS & MILLICHAP, INC., 23975 PARK SORRENTO, SUITE 400, CALABASAS CA 91302
George M Marcus director 1100 PARK PLACE, SUITE 200, SAN MATEO CA 94403
Phoenix Investments Holdings Llc 10 percent owner 777 S. CALIFORNIA AVENUE, PALO ALTO CA 94304
Martin E. Louie officer: Chief Financial Officer C/O MARCUS & MILLICHAP, INC., 23975 PARK SORRENTO, SUITE 400, CALABASAS CA 91302
Steven F. Degennaro officer: EVP and CFO C/O MARCUS & MILLICHAP, INC., 23975 PARK SORRENTO, CALABASAS CA 91302
Lauralee Martin director JONES LANG LASALLE INCORPORATED, 200 E RANDOLPH DR, CHICAGO IL 60601
Mitchell R Labar officer: Executive VP and COO C/O MARCUS & MILLICHAP, INC., 23975 PARK SORRENTO, CALABASAS CA 91302
George T Shaheen director
William E. Hughes officer: SVP Marcus & Millichap Capital C/O MARCUS & MILLICHAP, INC., 23975 PARK SORRENTO, SUITE 400, CALABASAS CA 91302
Kurt Henry Schwarz officer: Chief Accounting Officer C/O MARCUS & MILLICHAP, INC., 23975 PARK SORRENTO, SUITE 400, CALABASAS CA 91302