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Side-by-side financial comparison of MARCUS CORP (MCS) and AT&T (T). Click either name above to swap in a different company.

AT&T is the larger business by last-quarter revenue ($31.5B vs $193.5M, roughly 162.8× MARCUS CORP). On growth, AT&T posted the faster year-over-year revenue change (2.9% vs 2.8%). AT&T produced more free cash flow last quarter ($2.5B vs $26.4M). Over the past eight quarters, MARCUS CORP's revenue compounded faster (18.2% CAGR vs 2.8%).

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.

AT&T Inc., an abbreviation of its predecessor's original name, the American Telephone and Telegraph Company, is an American multinational telecommunications conglomerate headquartered at the Whitacre Tower in Downtown Dallas, Texas. AT&T is the world’s third-largest telecommunications company by revenue, the third largest wireless carrier in the United States behind T-Mobile and Verizon, and the nation's biggest fiber internet provider.

MCS vs T — Head-to-Head

Bigger by revenue
T
T
162.8× larger
T
$31.5B
$193.5M
MCS
Growing faster (revenue YoY)
T
T
+0.1% gap
T
2.9%
2.8%
MCS
More free cash flow
T
T
$2.5B more FCF
T
$2.5B
$26.4M
MCS
Faster 2-yr revenue CAGR
MCS
MCS
Annualised
MCS
18.2%
2.8%
T

Income Statement — Q4 2025 vs Q1 2026

Metric
MCS
MCS
T
T
Revenue
$193.5M
$31.5B
Net Profit
$4.2B
Gross Margin
Operating Margin
0.9%
21.1%
Net Margin
13.3%
Revenue YoY
2.8%
2.9%
Net Profit YoY
-10.9%
EPS (diluted)
$0.54

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
MCS
MCS
T
T
Q1 26
$31.5B
Q4 25
$193.5M
$33.5B
Q3 25
$210.2M
$30.7B
Q2 25
$206.0M
$30.8B
Q1 25
$148.8M
$30.6B
Q4 24
$188.3M
$32.3B
Q3 24
$232.7M
$30.2B
Q2 24
$176.0M
$29.8B
Net Profit
MCS
MCS
T
T
Q1 26
$4.2B
Q4 25
$3.8B
Q3 25
$16.2M
$9.3B
Q2 25
$7.3M
$4.5B
Q1 25
$-16.8M
$4.4B
Q4 24
$986.0K
$4.1B
Q3 24
$23.3M
$-174.0M
Q2 24
$-20.2M
$3.6B
Operating Margin
MCS
MCS
T
T
Q1 26
21.1%
Q4 25
0.9%
17.3%
Q3 25
10.8%
19.9%
Q2 25
6.3%
21.1%
Q1 25
-13.7%
18.8%
Q4 24
-1.2%
16.5%
Q3 24
14.1%
7.0%
Q2 24
1.3%
19.3%
Net Margin
MCS
MCS
T
T
Q1 26
13.3%
Q4 25
11.3%
Q3 25
7.7%
30.3%
Q2 25
3.6%
14.6%
Q1 25
-11.3%
14.2%
Q4 24
0.5%
12.6%
Q3 24
10.0%
-0.6%
Q2 24
-11.5%
12.1%
EPS (diluted)
MCS
MCS
T
T
Q1 26
$0.54
Q4 25
$0.52
Q3 25
$1.29
Q2 25
$0.62
Q1 25
$0.61
Q4 24
$0.56
Q3 24
$-0.03
Q2 24
$0.49

Balance Sheet & Financial Strength

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

Metric
MCS
MCS
T
T
Cash + ST InvestmentsLiquidity on hand
$23.4M
$12.0B
Total DebtLower is stronger
$159.0M
$131.6B
Stockholders' EquityBook value
$457.4M
$125.6B
Total Assets
$1.0B
$421.2B
Debt / EquityLower = less leverage
0.35×
1.05×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MCS
MCS
T
T
Q1 26
$12.0B
Q4 25
$23.4M
$18.2B
Q3 25
$7.4M
$20.3B
Q2 25
$14.9M
$10.5B
Q1 25
$11.9M
$6.9B
Q4 24
$40.8M
$3.3B
Q3 24
$28.4M
$2.6B
Q2 24
$32.8M
$3.1B
Total Debt
MCS
MCS
T
T
Q1 26
$131.6B
Q4 25
$159.0M
$127.1B
Q3 25
$162.0M
$128.1B
Q2 25
$179.9M
$123.1B
Q1 25
$198.9M
$117.3B
Q4 24
$159.1M
$118.4B
Q3 24
$173.1M
$126.4B
Q2 24
$175.7M
$125.4B
Stockholders' Equity
MCS
MCS
T
T
Q1 26
$125.6B
Q4 25
$457.4M
$126.5B
Q3 25
$454.3M
$126.8B
Q2 25
$448.4M
$121.4B
Q1 25
$441.8M
$119.9B
Q4 24
$464.9M
$118.2B
Q3 24
$462.3M
$116.3B
Q2 24
$449.4M
$119.3B
Total Assets
MCS
MCS
T
T
Q1 26
$421.2B
Q4 25
$1.0B
$420.2B
Q3 25
$1.0B
$423.2B
Q2 25
$1.0B
$405.5B
Q1 25
$1.0B
$397.5B
Q4 24
$1.0B
$394.8B
Q3 24
$1.0B
$393.7B
Q2 24
$1.1B
$398.0B
Debt / Equity
MCS
MCS
T
T
Q1 26
1.05×
Q4 25
0.35×
1.00×
Q3 25
0.36×
1.01×
Q2 25
0.40×
1.01×
Q1 25
0.45×
0.98×
Q4 24
0.34×
1.00×
Q3 24
0.37×
1.09×
Q2 24
0.39×
1.05×

Cash Flow & Capital Efficiency

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

Metric
MCS
MCS
T
T
Operating Cash FlowLast quarter
$48.8M
$7.6B
Free Cash FlowOCF − Capex
$26.4M
$2.5B
FCF MarginFCF / Revenue
13.6%
8.0%
Capex IntensityCapex / Revenue
11.6%
15.5%
Cash ConversionOCF / Net Profit
1.82×
TTM Free Cash FlowTrailing 4 quarters
$989.0K
$17.2B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MCS
MCS
T
T
Q1 26
$7.6B
Q4 25
$48.8M
$11.3B
Q3 25
$39.1M
$10.2B
Q2 25
$31.6M
$9.8B
Q1 25
$-35.3M
$9.0B
Q4 24
$52.6M
$11.9B
Q3 24
$30.5M
$10.2B
Q2 24
$36.0M
$9.1B
Free Cash Flow
MCS
MCS
T
T
Q1 26
$2.5B
Q4 25
$26.4M
$4.5B
Q3 25
$18.2M
$5.3B
Q2 25
$14.7M
$4.9B
Q1 25
$-58.3M
$4.8B
Q4 24
$27.1M
$5.1B
Q3 24
$12.0M
$4.9B
Q2 24
$16.1M
$4.7B
FCF Margin
MCS
MCS
T
T
Q1 26
8.0%
Q4 25
13.6%
13.6%
Q3 25
8.7%
17.1%
Q2 25
7.1%
15.8%
Q1 25
-39.2%
15.6%
Q4 24
14.4%
15.6%
Q3 24
5.2%
16.3%
Q2 24
9.2%
15.9%
Capex Intensity
MCS
MCS
T
T
Q1 26
15.5%
Q4 25
11.6%
20.3%
Q3 25
9.9%
15.9%
Q2 25
8.2%
15.9%
Q1 25
15.5%
14.0%
Q4 24
13.5%
21.2%
Q3 24
7.9%
17.5%
Q2 24
11.3%
14.6%
Cash Conversion
MCS
MCS
T
T
Q1 26
1.82×
Q4 25
2.99×
Q3 25
2.41×
1.09×
Q2 25
4.32×
2.17×
Q1 25
2.08×
Q4 24
53.31×
2.92×
Q3 24
1.31×
Q2 24
2.53×

Financial Flow Comparison

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

Revenue Breakdown by Segment

MCS
MCS

Theatres$123.1M64%
Concessions$51.0M26%
Food And Beverage$21.2M11%

T
T

Service$25.5B81%
Equipment$6.0B19%

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