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Side-by-side financial comparison of NEWMARK GROUP, INC. (NMRK) and Transocean Ltd. (RIG). Click either name above to swap in a different company.

Transocean Ltd. is the larger business by last-quarter revenue ($1.0B vs $846.5M, roughly 1.2× NEWMARK GROUP, INC.). Transocean Ltd. runs the higher net margin — 2.4% vs 0.3%, a 2.1% gap on every dollar of revenue. On growth, NEWMARK GROUP, INC. posted the faster year-over-year revenue change (27.2% vs 9.6%). Transocean Ltd. produced more free cash flow last quarter ($321.0M vs $-257.8M). Over the past eight quarters, NEWMARK GROUP, INC.'s revenue compounded faster (26.7% CAGR vs 16.9%).

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".

Transocean Ltd. is an American drilling company. It is the world's largest offshore drilling contractor based on revenue and is based in Steinhausen, Switzerland. The company has offices in 20 countries, including Canada, the United States, Norway, United Kingdom, India, Brazil, Singapore, Indonesia, and Malaysia.

NMRK vs RIG — Head-to-Head

Bigger by revenue
RIG
RIG
1.2× larger
RIG
$1.0B
$846.5M
NMRK
Growing faster (revenue YoY)
NMRK
NMRK
+17.6% gap
NMRK
27.2%
9.6%
RIG
Higher net margin
RIG
RIG
2.1% more per $
RIG
2.4%
0.3%
NMRK
More free cash flow
RIG
RIG
$578.8M more FCF
RIG
$321.0M
$-257.8M
NMRK
Faster 2-yr revenue CAGR
NMRK
NMRK
Annualised
NMRK
26.7%
16.9%
RIG

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
NMRK
NMRK
RIG
RIG
Revenue
$846.5M
$1.0B
Net Profit
$2.2M
$25.0M
Gross Margin
42.0%
Operating Margin
3.1%
23.0%
Net Margin
0.3%
2.4%
Revenue YoY
27.2%
9.6%
Net Profit YoY
130.6%
257.1%
EPS (diluted)
$0.08
$0.13

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
NMRK
NMRK
RIG
RIG
Q1 26
$846.5M
Q4 25
$859.5M
$1.0B
Q3 25
$715.0M
$1.0B
Q2 25
$639.6M
$988.0M
Q1 25
$556.2M
$906.0M
Q4 24
$727.5M
$952.0M
Q3 24
$568.0M
$948.0M
Q2 24
$527.3M
$861.0M
Net Profit
NMRK
NMRK
RIG
RIG
Q1 26
$2.2M
Q4 25
$68.0M
$25.0M
Q3 25
$46.2M
$-1.9B
Q2 25
$20.8M
$-938.0M
Q1 25
$-8.8M
$-79.0M
Q4 24
$45.4M
$7.0M
Q3 24
$17.8M
$-494.0M
Q2 24
$14.3M
$-123.0M
Gross Margin
NMRK
NMRK
RIG
RIG
Q1 26
Q4 25
42.0%
Q3 25
43.2%
Q2 25
39.4%
Q1 25
31.8%
Q4 24
39.2%
Q3 24
40.6%
Q2 24
38.0%
Operating Margin
NMRK
NMRK
RIG
RIG
Q1 26
3.1%
Q4 25
14.4%
23.0%
Q3 25
11.9%
-163.1%
Q2 25
6.7%
-97.6%
Q1 25
-3.1%
7.1%
Q4 24
14.3%
13.7%
Q3 24
7.2%
-51.2%
Q2 24
7.7%
-6.9%
Net Margin
NMRK
NMRK
RIG
RIG
Q1 26
0.3%
Q4 25
7.9%
2.4%
Q3 25
6.5%
-187.1%
Q2 25
3.3%
-94.9%
Q1 25
-1.6%
-8.7%
Q4 24
6.2%
0.7%
Q3 24
3.1%
-52.1%
Q2 24
2.7%
-14.3%
EPS (diluted)
NMRK
NMRK
RIG
RIG
Q1 26
$0.08
Q4 25
$0.37
$0.13
Q3 25
$0.25
$-2.00
Q2 25
$0.11
$-1.06
Q1 25
$-0.05
$-0.11
Q4 24
$0.25
$-0.14
Q3 24
$0.10
$-0.58
Q2 24
$0.08
$-0.15

Balance Sheet & Financial Strength

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

Metric
NMRK
NMRK
RIG
RIG
Cash + ST InvestmentsLiquidity on hand
$212.1M
$620.0M
Total DebtLower is stronger
$832.0M
$5.2B
Stockholders' EquityBook value
$8.1B
Total Assets
$5.3B
$15.6B
Debt / EquityLower = less leverage
0.64×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
NMRK
NMRK
RIG
RIG
Q1 26
$212.1M
Q4 25
$229.1M
$620.0M
Q3 25
$224.1M
$833.0M
Q2 25
$195.8M
$377.0M
Q1 25
$157.1M
$263.0M
Q4 24
$197.7M
$560.0M
Q3 24
$178.6M
$435.0M
Q2 24
$176.4M
$475.0M
Total Debt
NMRK
NMRK
RIG
RIG
Q1 26
$832.0M
Q4 25
$671.7M
$5.2B
Q3 25
$746.5M
$4.8B
Q2 25
$871.2M
$5.9B
Q1 25
$770.9M
$5.9B
Q4 24
$670.7M
$6.2B
Q3 24
$770.4M
$6.5B
Q2 24
$745.2M
$6.8B
Stockholders' Equity
NMRK
NMRK
RIG
RIG
Q1 26
Q4 25
$1.5B
$8.1B
Q3 25
$1.4B
$8.1B
Q2 25
$1.3B
$9.4B
Q1 25
$1.3B
$10.2B
Q4 24
$1.2B
$10.3B
Q3 24
$1.2B
$10.2B
Q2 24
$1.2B
$10.7B
Total Assets
NMRK
NMRK
RIG
RIG
Q1 26
$5.3B
Q4 25
$5.0B
$15.6B
Q3 25
$5.5B
$16.2B
Q2 25
$5.4B
$17.8B
Q1 25
$4.8B
$19.0B
Q4 24
$4.7B
$19.4B
Q3 24
$5.0B
$19.5B
Q2 24
$4.8B
$20.3B
Debt / Equity
NMRK
NMRK
RIG
RIG
Q1 26
Q4 25
0.46×
0.64×
Q3 25
0.55×
0.60×
Q2 25
0.68×
0.63×
Q1 25
0.58×
0.58×
Q4 24
0.56×
0.60×
Q3 24
0.66×
0.64×
Q2 24
0.62×
0.63×

Cash Flow & Capital Efficiency

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

Metric
NMRK
NMRK
RIG
RIG
Operating Cash FlowLast quarter
$349.0M
Free Cash FlowOCF − Capex
$-257.8M
$321.0M
FCF MarginFCF / Revenue
-30.5%
30.8%
Capex IntensityCapex / Revenue
2.7%
Cash ConversionOCF / Net Profit
13.96×
TTM Free Cash FlowTrailing 4 quarters
$69.7M
$626.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
NMRK
NMRK
RIG
RIG
Q1 26
Q4 25
$618.5M
$349.0M
Q3 25
$112.6M
$246.0M
Q2 25
$-379.7M
$128.0M
Q1 25
$-179.4M
$26.0M
Q4 24
$402.6M
$206.0M
Q3 24
$-85.2M
$194.0M
Q2 24
$-258.5M
$133.0M
Free Cash Flow
NMRK
NMRK
RIG
RIG
Q1 26
$-257.8M
Q4 25
$608.8M
$321.0M
Q3 25
$104.9M
$235.0M
Q2 25
$-386.2M
$104.0M
Q1 25
$-184.8M
$-34.0M
Q4 24
$396.6M
$177.0M
Q3 24
$-94.4M
$136.0M
Q2 24
$-267.8M
$49.0M
FCF Margin
NMRK
NMRK
RIG
RIG
Q1 26
-30.5%
Q4 25
70.8%
30.8%
Q3 25
14.7%
22.9%
Q2 25
-60.4%
10.5%
Q1 25
-33.2%
-3.8%
Q4 24
54.5%
18.6%
Q3 24
-16.6%
14.3%
Q2 24
-50.8%
5.7%
Capex Intensity
NMRK
NMRK
RIG
RIG
Q1 26
Q4 25
1.1%
2.7%
Q3 25
1.1%
1.1%
Q2 25
1.0%
2.4%
Q1 25
1.0%
6.6%
Q4 24
0.8%
3.0%
Q3 24
1.6%
6.1%
Q2 24
1.8%
9.8%
Cash Conversion
NMRK
NMRK
RIG
RIG
Q1 26
Q4 25
9.10×
13.96×
Q3 25
2.44×
Q2 25
-18.24×
Q1 25
Q4 24
8.86×
29.43×
Q3 24
-4.79×
Q2 24
-18.10×

Financial Flow Comparison

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

Revenue Breakdown by Segment

NMRK
NMRK

Management Services, Servicing Fees and Other$344.0M41%
Capital Markets$252.5M30%
Leasing and Other Commissions$250.0M30%

RIG
RIG

Ultra Deepwater Floaters$433.0M42%
BR$236.0M23%
Other Geographical$211.0M20%
Harsh Environment Floaters$163.0M16%

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