Newmark Group, Inc. NMRK

Competitive advantage analysis · real-estate

Corporate Default
Overall moat score
61/100
Moderate

About Newmark Group, Inc.

Newmark Group, Inc. provides commercial real estate services in the United States, the United Kingdom, and internationally. The company offers capital markets services 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; business rates services for the United Kingdom; due diligence, consulting, and other … Full NMRK analysis →

Competitive advantage assessment

Key strengths

  • Margins Consistently Above Peers Gross margin at 100.0% (top 0%) and operating margin at 7.1% (top 18%) indicate strong pricing power.
  • ROIC Sustainably Above Peers ROIC at 81.6th percentile exceeds peers and WACC, demonstrating superior capital allocation.

Key risks

  • Liquidity Concerns Liquidity is concerning (score 0.22), raising questions about short-term obligations.
  • Volatile Margins Suggest Cyclicality Margin volatility is high (stability score 0.34), suggesting cyclical exposure or competitive pressure.

The dashed ring is the peer median. Defense scores are percentile ranks against peers, so 50 is roughly the typical company in this group.

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Pricing Power

Moderate
68

Where NMRK ranks in Real Estate Services

Newmark Group, Inc. ranks #15 of 51 scored companies in Real Estate Services by moat score — the top 29%. The widest moat in the group is New England Realty Associates L (NEN) at 79/100.

Moat scores for companies ranked near NMRK in Real Estate Services
# Company Moat score Rating
11 Brookfield Property Partners L. BPYPN 64/100 Moderate
12 Brookfield Property Partners L. BPYPP 64/100 Moderate
13 Brookfield Property Partners L. BPYPO 63/100 Moderate
14 Douglas Elliman Inc. DOUG 62/100 Moderate
15 Newmark Group, Inc. NMRK 61/100 Moderate
16 KE Holdings Inc BEKE 61/100 Moderate
17 Kennedy-Wilson Holdings Inc. KW 59/100 Moderate
18 J. W. Mays, Inc. MAYS 55/100 Moderate
19 CoStar Group, Inc. CSGP 55/100 Moderate

See every General Corporate company ranked by moat score →

How NMRK scores on the Corporate Default defenses

Pricing Power

Score 68 · 20% of the moat score

Pricing power is the ability to raise prices without losing volume.

Cost Advantage

Score 50 · 15% of the moat score

A cost advantage means delivering the same product for structurally less — better purchasing, denser distribution, a more automated process.

Customer Stickiness

Score 62 · 15% of the moat score

Stickiness is what makes revenue repeat without being re-won every year.

Capital Efficiency

Score 66 · 18% of the moat score

Capital efficiency asks what the company earns on the money tied up in the business.

Resilience

Score 56 · 17% of the moat score

Resilience is the capacity to get through a bad year on its own terms — enough liquidity, enough interest cover, and enough cash generation to avoid a rescue financing or a forced sale.

Scale & Market Position

Score 60 · 15% of the moat score

Scale matters only when it converts into economics.

How each Corporate Default defense is measured, in full →

Understanding NMRK's moat

What is Newmark Group, Inc.'s moat score?

Newmark Group, Inc. (NMRK) scores 61 out of 100 on the StatsAlpha Moat Map, which rates its competitive advantage as moderate. It ranks #15 of 51 scored companies in Real Estate Services, the top 29%. The score is a weighted composite of 6 competitive defenses, each measured against industry peers of 51 companies in Real Estate Services. Its strongest defense is Pricing Power (68/100) and its weakest is Cost Advantage (50/100).

How does Newmark Group, Inc. compare with other Real Estate Services companies?

Newmark Group, Inc. ranks #15 of 51 scored companies in Real Estate Services by moat score. The widest moat in Real Estate Services is New England Realty Associates L (NEN) at 79/100. The companies ranked closest are Douglas Elliman Inc. (DOUG) at 62 just above it and KE Holdings Inc (BEKE) at 61 just below it.

How is the moat score calculated?

Each company is scored with an industry-specific template — Corporate Default in this case, chosen because the defenses that matter to a bank are not the ones that matter to a software company. Every defense combines several financial signals, and each signal is measured as a percentile against a peer group of 51 companies in Real Estate Services. The defenses are then weighted to produce the overall score out of 100.

Why is Newmark Group, Inc. scored with the Corporate Default template?

Most public companies sell a product or a service at a margin, so the moat question is whether that margin survives contact with competitors. The Corporate template scores the six defenses that show up in a general operating company's financial signature: whether it can hold price, produce more cheaply than rivals, keep its customers, earn a return above its cost of capital, withstand a downturn, and turn size into economics.

Which competitive defenses are measured for Newmark Group, Inc.?

The Corporate Default template measures 6 defenses, and NMRK scores: Pricing Power (68), Cost Advantage (50), Customer Stickiness (62), Capital Efficiency (66), Resilience (56), Scale & Market Position (60). Each is scored independently as a percentile against peers, so a company can be strong on one and weak on another — the overall score reflects how those defenses are weighted for this industry.

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