vs

Side-by-side financial comparison of Loar Holdings Inc. (LOAR) and Marcus & Millichap, Inc. (MMI). Click either name above to swap in a different company.

Marcus & Millichap, Inc. is the larger business by last-quarter revenue ($243.9M vs $131.8M, roughly 1.9× Loar Holdings Inc.). Loar Holdings Inc. runs the higher net margin — 9.5% vs 5.5%, a 4.0% gap on every dollar of revenue. On growth, Loar Holdings Inc. posted the faster year-over-year revenue change (19.3% vs 1.6%). Over the past eight quarters, Marcus & Millichap, Inc.'s revenue compounded faster (37.5% CAGR vs 19.8%).

Marcus & Millichap, Inc. is an American company that provides real estate brokerage, mortgage brokerage, research, and advisory services in the U.S. and Canada in the field of commercial property. It popularized the practice of listing properties exclusively with one brokerage firm. The company has over 1,800 employees in more than 80 offices across the U.S. and Canada.

LOAR vs MMI — Head-to-Head

Bigger by revenue
MMI
MMI
1.9× larger
MMI
$243.9M
$131.8M
LOAR
Growing faster (revenue YoY)
LOAR
LOAR
+17.7% gap
LOAR
19.3%
1.6%
MMI
Higher net margin
LOAR
LOAR
4.0% more per $
LOAR
9.5%
5.5%
MMI
Faster 2-yr revenue CAGR
MMI
MMI
Annualised
MMI
37.5%
19.8%
LOAR

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
LOAR
LOAR
MMI
MMI
Revenue
$131.8M
$243.9M
Net Profit
$12.5M
$13.3M
Gross Margin
52.1%
Operating Margin
18.0%
6.3%
Net Margin
9.5%
5.5%
Revenue YoY
19.3%
1.6%
Net Profit YoY
239.5%
55.7%
EPS (diluted)
$0.13
$0.33

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
LOAR
LOAR
MMI
MMI
Q4 25
$131.8M
$243.9M
Q3 25
$126.8M
$193.9M
Q2 25
$123.1M
$172.3M
Q1 25
$114.7M
$145.0M
Q4 24
$110.4M
$240.1M
Q3 24
$103.5M
$168.5M
Q2 24
$97.0M
$158.4M
Q1 24
$91.8M
$129.1M
Net Profit
LOAR
LOAR
MMI
MMI
Q4 25
$12.5M
$13.3M
Q3 25
$27.6M
$240.0K
Q2 25
$16.7M
$-11.0M
Q1 25
$15.3M
$-4.4M
Q4 24
$3.7M
$8.5M
Q3 24
$8.7M
$-5.4M
Q2 24
$7.6M
$-5.5M
Q1 24
$2.2M
$-10.0M
Gross Margin
LOAR
LOAR
MMI
MMI
Q4 25
52.1%
Q3 25
52.7%
Q2 25
53.8%
Q1 25
52.1%
Q4 24
48.9%
Q3 24
51.1%
Q2 24
49.0%
Q1 24
48.4%
Operating Margin
LOAR
LOAR
MMI
MMI
Q4 25
18.0%
6.3%
Q3 25
22.9%
-1.2%
Q2 25
22.2%
-5.3%
Q1 25
22.8%
-12.2%
Q4 24
19.2%
2.8%
Q3 24
22.1%
-6.8%
Q2 24
22.9%
-5.1%
Q1 24
23.3%
-15.6%
Net Margin
LOAR
LOAR
MMI
MMI
Q4 25
9.5%
5.5%
Q3 25
21.8%
0.1%
Q2 25
13.6%
-6.4%
Q1 25
13.4%
-3.0%
Q4 24
3.3%
3.6%
Q3 24
8.4%
-3.2%
Q2 24
7.9%
-3.5%
Q1 24
2.4%
-7.7%
EPS (diluted)
LOAR
LOAR
MMI
MMI
Q4 25
$0.13
$0.33
Q3 25
$0.29
$0.01
Q2 25
$0.17
$-0.28
Q1 25
$0.16
$-0.11
Q4 24
$-11023.48
$0.22
Q3 24
$0.09
$-0.14
Q2 24
$0.09
$-0.14
Q1 24
$11023.54
$-0.26

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
LOAR
LOAR
MMI
MMI
Cash + ST InvestmentsLiquidity on hand
$84.8M
Total DebtLower is stronger
$715.7M
Stockholders' EquityBook value
$1.2B
$603.1M
Total Assets
$2.0B
$827.2M
Debt / EquityLower = less leverage
0.61×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
LOAR
LOAR
MMI
MMI
Q4 25
$84.8M
Q3 25
$99.0M
Q2 25
$103.3M
Q1 25
$80.5M
Q4 24
$54.1M
Q3 24
$55.2M
Q2 24
$73.2M
Q1 24
$28.2M
Total Debt
LOAR
LOAR
MMI
MMI
Q4 25
$715.7M
Q3 25
$279.4M
Q2 25
$277.7M
Q1 25
$277.5M
Q4 24
$277.3M
Q3 24
$602.1M
Q2 24
$250.7M
Q1 24
$534.2M
Stockholders' Equity
LOAR
LOAR
MMI
MMI
Q4 25
$1.2B
$603.1M
Q3 25
$1.2B
$602.2M
Q2 25
$1.1B
$607.8M
Q1 25
$1.1B
$617.6M
Q4 24
$1.1B
$630.8M
Q3 24
$769.8M
$617.7M
Q2 24
$758.4M
$626.7M
Q1 24
$420.6M
$625.6M
Total Assets
LOAR
LOAR
MMI
MMI
Q4 25
$2.0B
$827.2M
Q3 25
$1.5B
$812.5M
Q2 25
$1.5B
$792.2M
Q1 25
$1.5B
$802.0M
Q4 24
$1.5B
$869.8M
Q3 24
$1.5B
$833.7M
Q2 24
$1.1B
$825.4M
Q1 24
$1.1B
$826.7M
Debt / Equity
LOAR
LOAR
MMI
MMI
Q4 25
0.61×
Q3 25
0.24×
Q2 25
0.25×
Q1 25
0.25×
Q4 24
0.25×
Q3 24
0.78×
Q2 24
0.33×
Q1 24
1.27×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
LOAR
LOAR
MMI
MMI
Operating Cash FlowLast quarter
$30.4M
$46.3M
Free Cash FlowOCF − Capex
$43.9M
FCF MarginFCF / Revenue
18.0%
Capex IntensityCapex / Revenue
1.0%
Cash ConversionOCF / Net Profit
2.43×
3.48×
TTM Free Cash FlowTrailing 4 quarters
$58.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
LOAR
LOAR
MMI
MMI
Q4 25
$30.4M
$46.3M
Q3 25
$29.7M
$52.2M
Q2 25
$23.8M
$21.0M
Q1 25
$28.4M
$-52.8M
Q4 24
$20.7M
$56.7M
Q3 24
$16.3M
$15.2M
Q2 24
$7.1M
$851.0K
Q1 24
$10.8M
$-51.0M
Free Cash Flow
LOAR
LOAR
MMI
MMI
Q4 25
$43.9M
Q3 25
$50.0M
Q2 25
$19.3M
Q1 25
$-54.3M
Q4 24
$55.1M
Q3 24
$13.2M
Q2 24
$-806.0K
Q1 24
$-53.7M
FCF Margin
LOAR
LOAR
MMI
MMI
Q4 25
18.0%
Q3 25
25.8%
Q2 25
11.2%
Q1 25
-37.5%
Q4 24
23.0%
Q3 24
7.8%
Q2 24
-0.5%
Q1 24
-41.6%
Capex Intensity
LOAR
LOAR
MMI
MMI
Q4 25
1.0%
Q3 25
1.2%
Q2 25
1.0%
Q1 25
1.0%
Q4 24
0.6%
Q3 24
1.2%
Q2 24
1.0%
Q1 24
2.0%
Cash Conversion
LOAR
LOAR
MMI
MMI
Q4 25
2.43×
3.48×
Q3 25
1.08×
217.54×
Q2 25
1.42×
Q1 25
1.85×
Q4 24
5.62×
6.63×
Q3 24
1.89×
Q2 24
0.93×
Q1 24
4.81×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

LOAR
LOAR

Other$76.8M58%
Commercial Aerospace$21.2M16%
Business Jet And General Aviation$17.6M13%
Defense$16.2M12%

MMI
MMI

Real Estate Brokerage Commissions$205.3M84%
Financing Fees$33.2M14%
Other Revenues$5.4M2%

Related Comparisons