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Side-by-side financial comparison of NEWMARK GROUP, INC. (NMRK) and RB GLOBAL INC. (RBA). Click either name above to swap in a different company.
RB GLOBAL INC. is the larger business by last-quarter revenue ($1.2B vs $859.5M, roughly 1.4× NEWMARK GROUP, INC.). RB GLOBAL INC. runs the higher net margin — 9.1% vs 7.9%, a 1.2% gap on every dollar of revenue. On growth, NEWMARK GROUP, INC. posted the faster year-over-year revenue change (18.1% vs 5.4%). NEWMARK GROUP, INC. produced more free cash flow last quarter ($608.8M vs $186.5M). Over the past eight quarters, NEWMARK GROUP, INC.'s revenue compounded faster (38.2% CAGR vs 6.3%).
Newmark Group Inc. is a global commercial real estate advisory and services firm headquartered in New York City. It operates as Newmark, and is listed on the NASDAQ Global Select Market under the symbol "NMRK".
Ritchie Bros. Auctioneers (RBA), or simply Ritchie Bros., is a publicly traded company legally domiciled in Canada with headquarters in Westchester, Illinois. Its common shares are traded on the Toronto Stock Exchange and the New York Stock Exchange.
NMRK vs RBA — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | ||
|---|---|---|
| Revenue | $859.5M | $1.2B |
| Net Profit | $68.0M | $109.7M |
| Gross Margin | — | — |
| Operating Margin | 14.4% | 14.7% |
| Net Margin | 7.9% | 9.1% |
| Revenue YoY | 18.1% | 5.4% |
| Net Profit YoY | 49.7% | -7.4% |
| EPS (diluted) | $0.37 | $0.53 |
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.
| Q4 25 | $859.5M | $1.2B | ||
| Q3 25 | $715.0M | $1.1B | ||
| Q2 25 | $639.6M | $1.2B | ||
| Q1 25 | $556.2M | $1.1B | ||
| Q4 24 | $727.5M | $1.1B | ||
| Q3 24 | $568.0M | $981.8M | ||
| Q2 24 | $527.3M | $1.1B | ||
| Q1 24 | $450.2M | $1.1B |
| Q4 25 | $68.0M | $109.7M | ||
| Q3 25 | $46.2M | $95.5M | ||
| Q2 25 | $20.8M | $109.8M | ||
| Q1 25 | $-8.8M | $113.4M | ||
| Q4 24 | $45.4M | $118.5M | ||
| Q3 24 | $17.8M | $76.1M | ||
| Q2 24 | $14.3M | $111.1M | ||
| Q1 24 | $-16.3M | $107.4M |
| Q4 25 | 14.4% | 14.7% | ||
| Q3 25 | 11.9% | 14.5% | ||
| Q2 25 | 6.7% | 15.9% | ||
| Q1 25 | -3.1% | 17.1% | ||
| Q4 24 | 14.3% | 18.1% | ||
| Q3 24 | 7.2% | 15.6% | ||
| Q2 24 | 7.7% | 18.4% | ||
| Q1 24 | -5.0% | 18.7% |
| Q4 25 | 7.9% | 9.1% | ||
| Q3 25 | 6.5% | 8.7% | ||
| Q2 25 | 3.3% | 9.3% | ||
| Q1 25 | -1.6% | 10.2% | ||
| Q4 24 | 6.2% | 10.4% | ||
| Q3 24 | 3.1% | 7.8% | ||
| Q2 24 | 2.7% | 10.1% | ||
| Q1 24 | -3.6% | 10.1% |
| Q4 25 | $0.37 | $0.53 | ||
| Q3 25 | $0.25 | $0.43 | ||
| Q2 25 | $0.11 | $0.53 | ||
| Q1 25 | $-0.05 | $0.55 | ||
| Q4 24 | $0.25 | $0.58 | ||
| Q3 24 | $0.10 | $0.36 | ||
| Q2 24 | $0.08 | $0.54 | ||
| Q1 24 | $-0.09 | $0.53 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | ||
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $229.1M | $531.5M |
| Total DebtLower is stronger | $671.7M | $2.3B |
| Stockholders' EquityBook value | $1.5B | $5.6B |
| Total Assets | $5.0B | $12.1B |
| Debt / EquityLower = less leverage | 0.46× | 0.42× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $229.1M | $531.5M | ||
| Q3 25 | $224.1M | $674.7M | ||
| Q2 25 | $195.8M | $710.2M | ||
| Q1 25 | $157.1M | $578.1M | ||
| Q4 24 | $197.7M | $533.9M | ||
| Q3 24 | $178.6M | $650.7M | ||
| Q2 24 | $176.4M | $599.5M | ||
| Q1 24 | $140.9M | $462.8M |
| Q4 25 | $671.7M | $2.3B | ||
| Q3 25 | $746.5M | $2.6B | ||
| Q2 25 | $871.2M | $2.6B | ||
| Q1 25 | $770.9M | $2.6B | ||
| Q4 24 | $670.7M | $2.6B | ||
| Q3 24 | $770.4M | $2.7B | ||
| Q2 24 | $745.2M | $2.8B | ||
| Q1 24 | $670.2M | $2.9B |
| Q4 25 | $1.5B | $5.6B | ||
| Q3 25 | $1.4B | $5.5B | ||
| Q2 25 | $1.3B | $5.5B | ||
| Q1 25 | $1.3B | $5.3B | ||
| Q4 24 | $1.2B | $5.2B | ||
| Q3 24 | $1.2B | $5.2B | ||
| Q2 24 | $1.2B | $5.2B | ||
| Q1 24 | $1.2B | $5.1B |
| Q4 25 | $5.0B | $12.1B | ||
| Q3 25 | $5.5B | $12.2B | ||
| Q2 25 | $5.4B | $12.2B | ||
| Q1 25 | $4.8B | $11.9B | ||
| Q4 24 | $4.7B | $11.8B | ||
| Q3 24 | $5.0B | $11.9B | ||
| Q2 24 | $4.8B | $12.1B | ||
| Q1 24 | $4.4B | $12.0B |
| Q4 25 | 0.46× | 0.42× | ||
| Q3 25 | 0.55× | 0.47× | ||
| Q2 25 | 0.68× | 0.47× | ||
| Q1 25 | 0.58× | 0.50× | ||
| Q4 24 | 0.56× | 0.50× | ||
| Q3 24 | 0.66× | 0.52× | ||
| Q2 24 | 0.62× | 0.55× | ||
| Q1 24 | 0.54× | 0.58× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | ||
|---|---|---|
| Operating Cash FlowLast quarter | $618.5M | $255.2M |
| Free Cash FlowOCF − Capex | $608.8M | $186.5M |
| FCF MarginFCF / Revenue | 70.8% | 15.5% |
| Capex IntensityCapex / Revenue | 1.1% | 5.7% |
| Cash ConversionOCF / Net Profit | 9.10× | 2.33× |
| TTM Free Cash FlowTrailing 4 quarters | $142.6M | $719.2M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $618.5M | $255.2M | ||
| Q3 25 | $112.6M | $239.7M | ||
| Q2 25 | $-379.7M | $326.5M | ||
| Q1 25 | $-179.4M | $156.8M | ||
| Q4 24 | $402.6M | $184.5M | ||
| Q3 24 | $-85.2M | $285.4M | ||
| Q2 24 | $-258.5M | $337.3M | ||
| Q1 24 | $-68.8M | $124.8M |
| Q4 25 | $608.8M | $186.5M | ||
| Q3 25 | $104.9M | $188.5M | ||
| Q2 25 | $-386.2M | $241.7M | ||
| Q1 25 | $-184.8M | $102.5M | ||
| Q4 24 | $396.6M | $127.9M | ||
| Q3 24 | $-94.4M | $248.5M | ||
| Q2 24 | $-267.8M | $308.6M | ||
| Q1 24 | $-75.8M | $79.6M |
| Q4 25 | 70.8% | 15.5% | ||
| Q3 25 | 14.7% | 17.3% | ||
| Q2 25 | -60.4% | 20.4% | ||
| Q1 25 | -33.2% | 9.2% | ||
| Q4 24 | 54.5% | 11.2% | ||
| Q3 24 | -16.6% | 25.3% | ||
| Q2 24 | -50.8% | 28.2% | ||
| Q1 24 | -16.8% | 7.5% |
| Q4 25 | 1.1% | 5.7% | ||
| Q3 25 | 1.1% | 4.7% | ||
| Q2 25 | 1.0% | 7.2% | ||
| Q1 25 | 1.0% | 4.9% | ||
| Q4 24 | 0.8% | 5.0% | ||
| Q3 24 | 1.6% | 3.8% | ||
| Q2 24 | 1.8% | 2.6% | ||
| Q1 24 | 1.6% | 4.2% |
| Q4 25 | 9.10× | 2.33× | ||
| Q3 25 | 2.44× | 2.51× | ||
| Q2 25 | -18.24× | 2.97× | ||
| Q1 25 | — | 1.38× | ||
| Q4 24 | 8.86× | 1.56× | ||
| Q3 24 | -4.79× | 3.75× | ||
| Q2 24 | -18.10× | 3.04× | ||
| Q1 24 | — | 1.16× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
NMRK
| Management Services | $263.1M | 31% |
| Investment Advice | $200.1M | 23% |
| Mortgage Brokerage And Debt Placement | $83.1M | 10% |
| Servicing Fees And Other | $80.7M | 9% |
| GB | $69.0M | 8% |
| Other Geographical Areas | $63.6M | 7% |
| Servicing | $36.2M | 4% |
| Other | $34.2M | 4% |
| Loan Originations Related Fees And Sales Premiums Net | $29.6M | 3% |
RBA
| Buyer Revenue | $577.2M | 48% |
| Seller Revenue | $255.2M | 21% |
| CA | $199.0M | 17% |
| Other | $124.7M | 10% |
| AU | $47.3M | 4% |