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Side-by-side financial comparison of Marcus & Millichap, Inc. (MMI) and Westrock Coffee Co (WEST). Click either name above to swap in a different company.

Westrock Coffee Co is the larger business by last-quarter revenue ($339.5M vs $243.9M, roughly 1.4× Marcus & Millichap, Inc.). Marcus & Millichap, Inc. runs the higher net margin — 5.5% vs -6.6%, a 12.1% gap on every dollar of revenue. On growth, Westrock Coffee Co posted the faster year-over-year revenue change (48.3% vs 1.6%). Marcus & Millichap, Inc. produced more free cash flow last quarter ($43.9M vs $27.8M). Over the past eight quarters, Marcus & Millichap, Inc.'s revenue compounded faster (37.5% CAGR vs 32.8%).

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.

Westrock Coffee Co is a global integrated coffee, tea and functional beverage solutions provider. It sources, roasts, manufactures and distributes coffee products, ready-to-drink beverages and custom formulations for retail, foodservice and commercial clients across North America and other key markets.

MMI vs WEST — Head-to-Head

Bigger by revenue
WEST
WEST
1.4× larger
WEST
$339.5M
$243.9M
MMI
Growing faster (revenue YoY)
WEST
WEST
+46.6% gap
WEST
48.3%
1.6%
MMI
Higher net margin
MMI
MMI
12.1% more per $
MMI
5.5%
-6.6%
WEST
More free cash flow
MMI
MMI
$16.1M more FCF
MMI
$43.9M
$27.8M
WEST
Faster 2-yr revenue CAGR
MMI
MMI
Annualised
MMI
37.5%
32.8%
WEST

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
MMI
MMI
WEST
WEST
Revenue
$243.9M
$339.5M
Net Profit
$13.3M
$-22.6M
Gross Margin
11.5%
Operating Margin
6.3%
-2.6%
Net Margin
5.5%
-6.6%
Revenue YoY
1.6%
48.3%
Net Profit YoY
55.7%
8.3%
EPS (diluted)
$0.33
$-0.22

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
MMI
MMI
WEST
WEST
Q4 25
$243.9M
$339.5M
Q3 25
$193.9M
$354.8M
Q2 25
$172.3M
$280.9M
Q1 25
$145.0M
$213.8M
Q4 24
$240.1M
$229.0M
Q3 24
$168.5M
$220.9M
Q2 24
$158.4M
$208.4M
Q1 24
$129.1M
$192.5M
Net Profit
MMI
MMI
WEST
WEST
Q4 25
$13.3M
$-22.6M
Q3 25
$240.0K
$-19.1M
Q2 25
$-11.0M
$-21.6M
Q1 25
$-4.4M
$-27.2M
Q4 24
$8.5M
$-24.6M
Q3 24
$-5.4M
$-14.3M
Q2 24
$-5.5M
$-17.8M
Q1 24
$-10.0M
$-23.7M
Gross Margin
MMI
MMI
WEST
WEST
Q4 25
11.5%
Q3 25
11.7%
Q2 25
14.7%
Q1 25
13.6%
Q4 24
16.6%
Q3 24
16.8%
Q2 24
19.9%
Q1 24
19.4%
Operating Margin
MMI
MMI
WEST
WEST
Q4 25
6.3%
-2.6%
Q3 25
-1.2%
-2.4%
Q2 25
-5.3%
-5.3%
Q1 25
-12.2%
-6.1%
Q4 24
2.8%
-4.3%
Q3 24
-6.8%
-5.8%
Q2 24
-5.1%
-7.9%
Q1 24
-15.6%
-5.3%
Net Margin
MMI
MMI
WEST
WEST
Q4 25
5.5%
-6.6%
Q3 25
0.1%
-5.4%
Q2 25
-6.4%
-7.7%
Q1 25
-3.0%
-12.7%
Q4 24
3.6%
-10.7%
Q3 24
-3.2%
-6.5%
Q2 24
-3.5%
-8.5%
Q1 24
-7.7%
-12.3%
EPS (diluted)
MMI
MMI
WEST
WEST
Q4 25
$0.33
$-0.22
Q3 25
$0.01
$-0.20
Q2 25
$-0.28
$-0.23
Q1 25
$-0.11
$-0.29
Q4 24
$0.22
$-0.26
Q3 24
$-0.14
$-0.16
Q2 24
$-0.14
$-0.20
Q1 24
$-0.26
$-0.27

Balance Sheet & Financial Strength

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

Metric
MMI
MMI
WEST
WEST
Cash + ST InvestmentsLiquidity on hand
$49.9M
Total DebtLower is stronger
$444.1M
Stockholders' EquityBook value
$603.1M
$-1.9M
Total Assets
$827.2M
$1.2B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MMI
MMI
WEST
WEST
Q4 25
$49.9M
Q3 25
$34.0M
Q2 25
$44.0M
Q1 25
$33.1M
Q4 24
$26.2M
Q3 24
$22.4M
Q2 24
$24.3M
Q1 24
$12.6M
Total Debt
MMI
MMI
WEST
WEST
Q4 25
$444.1M
Q3 25
Q2 25
Q1 25
Q4 24
$393.1M
Q3 24
Q2 24
Q1 24
Stockholders' Equity
MMI
MMI
WEST
WEST
Q4 25
$603.1M
$-1.9M
Q3 25
$602.2M
$11.4M
Q2 25
$607.8M
$18.2M
Q1 25
$617.6M
$71.4M
Q4 24
$630.8M
$97.5M
Q3 24
$617.7M
$110.3M
Q2 24
$626.7M
$81.5M
Q1 24
$625.6M
$91.7M
Total Assets
MMI
MMI
WEST
WEST
Q4 25
$827.2M
$1.2B
Q3 25
$812.5M
$1.2B
Q2 25
$792.2M
$1.2B
Q1 25
$802.0M
$1.1B
Q4 24
$869.8M
$1.1B
Q3 24
$833.7M
$1.1B
Q2 24
$825.4M
$1.1B
Q1 24
$826.7M
$983.3M
Debt / Equity
MMI
MMI
WEST
WEST
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
4.03×
Q3 24
Q2 24
Q1 24

Cash Flow & Capital Efficiency

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

Metric
MMI
MMI
WEST
WEST
Operating Cash FlowLast quarter
$46.3M
$36.7M
Free Cash FlowOCF − Capex
$43.9M
$27.8M
FCF MarginFCF / Revenue
18.0%
8.2%
Capex IntensityCapex / Revenue
1.0%
2.6%
Cash ConversionOCF / Net Profit
3.48×
TTM Free Cash FlowTrailing 4 quarters
$58.8M
$-107.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MMI
MMI
WEST
WEST
Q4 25
$46.3M
$36.7M
Q3 25
$52.2M
$-26.6M
Q2 25
$21.0M
$-7.0M
Q1 25
$-52.8M
$-22.1M
Q4 24
$56.7M
$2.8M
Q3 24
$15.2M
$-332.0K
Q2 24
$851.0K
$-23.7M
Q1 24
$-51.0M
$8.0M
Free Cash Flow
MMI
MMI
WEST
WEST
Q4 25
$43.9M
$27.8M
Q3 25
$50.0M
$-44.7M
Q2 25
$19.3M
$-27.5M
Q1 25
$-54.3M
$-63.4M
Q4 24
$55.1M
$-15.4M
Q3 24
$13.2M
$-36.7M
Q2 24
$-806.0K
$-59.9M
Q1 24
$-53.7M
$-60.9M
FCF Margin
MMI
MMI
WEST
WEST
Q4 25
18.0%
8.2%
Q3 25
25.8%
-12.6%
Q2 25
11.2%
-9.8%
Q1 25
-37.5%
-29.7%
Q4 24
23.0%
-6.7%
Q3 24
7.8%
-16.6%
Q2 24
-0.5%
-28.7%
Q1 24
-41.6%
-31.7%
Capex Intensity
MMI
MMI
WEST
WEST
Q4 25
1.0%
2.6%
Q3 25
1.2%
5.1%
Q2 25
1.0%
7.3%
Q1 25
1.0%
19.3%
Q4 24
0.6%
7.9%
Q3 24
1.2%
16.5%
Q2 24
1.0%
17.4%
Q1 24
2.0%
35.8%
Cash Conversion
MMI
MMI
WEST
WEST
Q4 25
3.48×
Q3 25
217.54×
Q2 25
Q1 25
Q4 24
6.63×
Q3 24
Q2 24
Q1 24

Financial Flow Comparison

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

Revenue Breakdown by Segment

MMI
MMI

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

WEST
WEST

Coffee And Tea$202.6M60%
Flavors Extracts And Ingredients$69.6M21%
Sustainable Sourcing And Traceability Segments$66.9M20%

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