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Marcus & MillichapMMI -0.15%81 Debt-to-Equity is 0.13 as of Jun. 2026, which is at its 10-year median of 0.13. GuruFocus rates MMI with a GF Score™ of 81/100 and a GF Value™ of $37.08 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 1,541 Real Estate companies, Marcus & Millichap ranks better than 84.3% on this metric.
A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.
The historical rank and industry rank for Marcus & Millichap's Debt-to-Equity or its related term are showing as below:
MMI'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.02 Med: 0.13 Max: 0.2
Current: 0.13
During the past 13 years, the highest Debt-to-Equity Ratio of Marcus & Millichap was 0.20. The lowest was 0.02. And the median was 0.13.
MMI's Debt-to-Equity is ranked better than 84.3% of 1541
companies
in the Real Estate industry
Industry Median: 0.75
vs MMI: 0.13
Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.
Marcus & Millichap Debt-to-Equity Related Terms
Marcus & Millichap Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Marcus & Millichap's Debt-to-Equity 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.
MMI vs HBNB, AGNT, FRPH: Debt-to-Equity Comparison
For the Real Estate Services subindustry, Marcus & Millichap's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Marcus & Millichap Debt-to-Equity vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Marcus & Millichap's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Marcus & Millichap's Debt-to-Equity falls into.
* 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 (MMI) has a Debt-to-Equity of 0.13 as of Jun. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Marcus & Millichap and its competitors. This is near median its historical median of 0.13. Over the past decade, Marcus & Millichap's Debt-to-Equity has ranged from 0.02 to 0.20. According to the industry distribution chart, Marcus & Millichap ranks #242 out of 1541 companies in the Real Estate industry, placing it in the top 15.7%.
Is Marcus & Millichap's Debt-to-Equity too high?
Marcus & Millichap's current Debt-to-Equity of 0.13 is near median its 10-year median of 0.13. Over the past 10 years, this metric has ranged from a low of 0.02 to a high of 0.20. The Real Estate industry median Debt-to-Equity is 0.75. Marcus & Millichap's value of 0.13 is 82.7% below this industry median. Based on the distribution chart, Marcus & Millichap ranks #242 out of 1541 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, Marcus & Millichap has a GF Score™ of 81/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Marcus & Millichap's Debt-to-Equity compare to HBNB and AGNT?
According to the Real Estate industry distribution chart, Marcus & Millichap ranks #242 out of 1541 companies for Debt-to-Equity. This places Marcus & Millichap in the top 16% of its industry — outperforming the majority of peers. The industry median Debt-to-Equity is 0.75. Marcus & Millichap's value of 0.13 is 82.7% below this benchmark. Historically, Marcus & Millichap's own Debt-to-Equity has ranged from 0.02 to 0.20 over the past decade. While the company's 10-year median is 0.13 vs. the industry median of 0.75, Marcus & Millichap has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for a Real Estate company?
The median Debt-to-Equity among Real Estate companies is 0.75, based on 1,541 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Marcus & Millichap's current Debt-to-Equity of 0.13 is 82.7% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Marcus & Millichap and its competitors. For the Real Estate industry, the median Debt-to-Equity is 0.75 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Marcus & Millichap's current Debt-to-Equity is 0.13, which is near median its own 10-year median of 0.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Marcus & Millichap stock overvalued right now?
Based on GuruFocus' analysis, Marcus & Millichap (MMI) is currently considered Modestly Undervalued. The stock's GF Value™ is $37.08, compared to a current price of $32.70 — trading 11.8% below its estimated fair value. The current Debt-to-Equity is 0.13, which is near median its 10-year median of 0.13 and 82.7% below the Real Estate industry median of 0.75. Marcus & Millichap's overall GF Score™ is 81/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Marcus & Millichap (MMI), the current Debt-to-Equity is 0.13 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Marcus & Millichap (MMI) Overvalued in 2026?
Based on GuruFocus' analysis, Marcus & Millichap stock appears to be undervalued.
The current stock price of $32.70 is trading 11.8% below its estimated GF Value™ of $37.08.
GuruFocus considers Marcus & Millichap to be Modestly Undervalued.
Key valuation signals for MMI:
Debt-to-Equity: 0.13 (near median its 10-year median of 0.13)
GF Value™: $37.08 vs. price of $32.70 (11.8% below fair value)
Industry Position: 82.7% below the Real Estate median (#242 of 1541)
No single metric tells the full story. See the MMI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Marcus & Millichap Inc is a 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. The Company has one reportable segment: commercial real estate services. The commercial real estate services segment is the aggregation of our two operating segments: investment sales and financing services.
81GF Score
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