Newmark Group, Inc. · NASDAQ:NMRK
Newmark — Investor Presentation (June 2026)
47 slides from Newmark's investor presentation, Jun 22, 2026
Slide 1: General Investor Presentation
Newmark Group, Inc. (Nasdaq: NMRK) General Investor Presentation June 22, 2026 Property Type: Multifamily NMRK.COM
Slide 2: Disclaimers
Disclaimers Discussion of Forward-Looking Statements References in this document to “we,” “us,” “our,” the “Company” and “Newmark” mean Newmark Group, Inc., and its consolidated subsidiaries. Statements in this document regarding Newmark that are not historical facts are "forward-looking statements"
Slide 3: Newmark Overview
Newmark Overview Property Type: Various 3
Slide 4: Full Service Provider for Commercial Real Estate Owners & Occupiers
Full Service Provider for Commercial Real Estate Owners & Occupiers Newmark leases, sells, and arranges financing on behalf of our clients and provides additional integrated and value-added solutions Capital Markets Investment Sales & Equity Placement: ‒ Seller Representation Management Services, Se
Slide 5: Low Risk Real Estate Services Business with Diversified Revenue Base
Low Risk Real Estate Services Business with Diversified Revenue Base Leading CRE Services Platform Diversified Revenue Streams Covering a Broad Geography Recurring revenues from Management/Servicing Focused investments driving continued revenue Increasingly diversified by region have increased from
Slide 6: Leading Commercial Real Estate Advisor and Service Provider
Leading Commercial Real Estate Advisor and Service Provider Founded in 1929, Newmark is a global leader in commercial real estate services, seamlessly powering every phase of the property life cycle TTM Revenues TTM Transaction Volume Professionals Global Client Service Locations +$3.4B +$1.5T +9,60
Slide 7: Fastest Growing CRE Services Firm Across Cycles
Fastest Growing CRE Services Firm Across Cycles We have grown our top line faster than our competitors in the most recent quarter, year, and over the past 14 years Newmark Peer Average Newmark’s Total Revenue Growth vs. Peers 27% 21% 20% 17% 13% 10% FY 2011 - FY 2025 CAGR FY 2025 % Change YoY 1Q 202
Slide 8: Industry-Leading Growth Across Every Business Line
Industry-Leading Growth Across Every Business Line Our long-term momentum continued in 1Q 2026, reflecting accelerating and broad-based growth across each of our service lines Newmark Full Service Peer Average Newmark’s Fee Revenue Growth by Service Line vs. Peers Management Services, Leasing & Othe
Slide 9: Newmark Investment Thesis
Newmark Investment Thesis Property Type: Other 9
Slide 10: Newmark – A Platform Primed for Growth
Pictured: Aerial View of Manhattan | New York, NY Newmark – A Platform Primed for Growth +$400B TAM Underpins Positioned for Industry- Capturing Global Real Strong Financial Position Our Long-Term Growth Leading Growth Asset Demand Across & Cash Flow Supports Opportunity Industries Expansion NEWMARK
Slide 11: $400B+ CRE Services TAM Anchors Our Long-Term Growth
$400B+ CRE Services TAM Anchors Our Long-Term Growth Global CRE Services Total Addressable Market (TAM) Newmark has Significant Opportunities for Growth by Top 10 CRE Services Firms (including NMRK): – Capturing secular demand for outsourcing, including services clients perform in-house ~20% – Scali
Slide 12: Newmark Leading CRE Services Industry in Consolidation
Newmark Leading CRE Services Industry in Consolidation Case Study: US Industry Investment Sales Notional Volume (in $ Billions) Other Brokers’ Volume Top Ten Brokers’ Volume Top 10 U.S. Investment Sales Brokerage Total Industry Volume firms outpaced the market through scale $562 B $508 B Newmark Jum
Slide 13: Newmark – A Platform Primed for Growth
Pictured: Aerial View of Manhattan | New York, NY Newmark – A Platform Primed for Growth +$400B TAM Underpins Positioned for Industry- Capturing Global Real Strong Financial Position Our Long-Term Growth Leading Growth Asset Demand Across & Cash Flow Supports Opportunity Industries Expansion NEWMARK
Slide 14: Our Long-Term Strategy – A Roadmap for Sustained Outperformance
Our Long-Term Strategy – A Roadmap for Sustained Outperformance Increase Recurring / International Capital Markets Drive Resilient Revenues Expansion Recovery to Peak Organic Growth //////////// Expand Occupier Solutions, Prioritize international markets ~$2.1 Trillion of near-term U.S. Use data & t
Slide 15: Continued International Expansion Provides Substantial Upside
Continued International Expansion Provides Substantial Upside International revenue continues to climb as we scale Newmark’s geographic footprint to seamlessly serve our global clients International Revenue Composition International Revenue as a Percentage of Total Revenues Other U.K. 6% ~13% 7% ~52
Slide 16: Recurring Revenue Businesses Fuel Newmark’s Growth
Recurring Revenue Businesses Fuel Newmark’s Growth We target growing Total Revenues for these resilient service lines to over $2 Billion annually by 2029 Management Services, Servicing Fees & Other Detail1 Total Revenues – Management Services, Servicing Fees & Other ($’s in millions) Valuation & $1,
Slide 17: How We Expect to Further Increase Recurring Revenues
How We Expect to Further Increase Recurring Revenues Continue Growing Further Expand Invest in Occupier Solutions (OS) & Managed Services Loan Servicing & Property Management Platform Asset Management – Secular tailwind of increased outsourcing – Increased demand from RE-focused – Increased loan por
Slide 18: CRE Maturities & the Investment Sales Recovery Are Potential Tailwinds
CRE Maturities & the Investment Sales Recovery Are Potential Tailwinds for Industry Volumes1 Near-term refinancing needs and a recovery of investment sales volumes should drive industry capital markets activity Hypothetical U.S. Origination Volumes Inflation-Adjusted (Assuming Certain Levels of Refi
Slide 19: Newmark – A Platform Primed for Growth
Pictured: Aerial View of Manhattan | New York, NY Newmark – A Platform Primed for Growth +$400B TAM Underpins Positioned for Industry- Capturing Global Real Strong Financial Position Our Long-Term Growth Leading Growth Asset Demand Across & Cash Flow Supports Opportunity Industries Expansion NEWMARK
Slide 20: Leader Across Major Property Types with Exposure to Growing Industry Sectors
Leader Across Major Property Types with Exposure to Growing Industry Sectors 5-year outlook for industry rent and income growth is solid-to-strong across nearly every property type in the U.S. and Europe1 Office & Multifamily Industrial & Retail Data Centers Alternative Asset Classes – Top-ranked in
Slide 21: Newmark – A Platform Primed for Growth
Pictured: Aerial View of Manhattan | New York, NY Newmark – A Platform Primed for Growth +$400B TAM Underpins Positioned for Industry- Capturing Global Real Strong Financial Position Our Long-Term Growth Leading Growth Asset Demand Across & Cash Flow Supports Opportunity Industries Expansion NEWMARK
Slide 22: Strong Financial Position & Cash Generation Support Our Growth
Strong Financial Position & Cash Generation Support Our Growth Low Risk Strong Financial Profile & Strong Cash Flow Intermediary Credit Metrics – Capital-light model; we do not own real estate – Operate with investment grade credit metrics – Newmark has a history of strong Cash Flow Generation and C
Slide 23: Strong Balance Sheet & Credit Metrics
Strong Balance Sheet & Credit Metrics No near-term debt maturities AS OF 03/31/2026, UNLESS OTHERWISE STATED ($ IN MILLIONS) Cash and Cash Equivalents $212.1 Credit Metrics as of 03/31/2026 Interest Rate Maturity Senior Notes 7.50% 01/12/2029 $597.0 $594.4 million TTM Adjusted EBITDA Credit Facility
Slide 24: Newmark’s Targeted Capital Allocation
Newmark’s Targeted Capital Allocation 50% - 60% Invest in Growth2 Invest 50-60% of available capital in 30% - 40% growth with more focus on M&A Cash Returned Newmark’s to Shareholders2 Available Capital1 Return 30-40% to shareholders through share repurchases and dividends; target average net share
Slide 25: Engineered to Excel
IN SUMMARY Expanding Global Service Provider with Increasingly Durable Revenue and Earnings +$400B TAM Underpins Our Long-Term Growth Opportunity Positioned for Industry-Leading Growth Capturing Global Real Asset Demand Across Industries Strong Financial Position & Cash Flow Supports Expansion Engin
Slide 26: Appendix 1: Additional Newmark Information
Appendix 1: Additional Newmark Information 26 Property Type: Multifamily
Slide 27: Certain Revenue Terms Defined
Certain Revenue Terms Defined Fee and non-fee revenues The Company’s Total Revenues include certain Management Services revenues that equal their related expenses. These revenues represent fully reimbursable compensation and non-compensation costs recorded as part of Newmark's Occupier Solutions ("O
Slide 28: Other Useful Information
Other Useful Information Recent Acquisitions For additional information about the Company's most recent acquisitions, please see press releases titled "Altus Group Announces the Sale of its Canadian Appraisals Business to Newmark"; "Newmark Acquires Catella Valuation Advisory in Paris, France"; and
Slide 29: Appendix 2: Additional Industry Information
Appendix 2: Additional Industry Information 29 Property Type: Data Center / Industrial
Slide 30: Nearly All U.S. Property Types Expected to Have Solid to Strong Fundamentals
Nearly All U.S. Property Types Expected to Have Solid to Strong Fundamentals Estimated NOI Growth (2026-2030)1 Estimated M-RevPAF Growth (2026-2030)2 Manuf Home 3.3% Senior Housing 6.0% Data Center 3.2% Data Center 5.0% Tower 2.9% Senior Housing 2.7% Self-Storage 4.4% Industrial 2.5% Manuf Home 4.3%
Slide 31: Europe: All Property Types Expected To Have Strong Fundamentals
Europe: All Property Types Expected To Have Strong Fundamentals Estimated NRI Growth (2026-2030)1 Estimated M-RevPAM Growth (2026-2030)2 Data Center 6.7% Data Center 5.9% Residential 4.1% Office 4.8% Hotel 3.6% Residential 3.8% Self-Storage 3.1% Self-Storage 3.6% Industrial 2.6% Hotel 3.1% Retail 2.
Slide 32: Appendix 3: Financial Tables & Reconciliations
Appendix 3: Financial Tables & Reconciliations 32 Property Type: Retail
Slide 33: Non-GAAP Financial Measures
Non-GAAP Financial Measures NON-GAAP FINANCIAL MEASURES This document contains non-GAAP financial measures that differ from the most directly comparable measures calculated and presented in accordance with Generally Accepted Accounting Principles in the United States ("GAAP"). Non- GAAP financial me
Slide 34: Non-GAAP Financial Measures (continued)
Non-GAAP Financial Measures (continued) - Charges with respect to preferred units. Any preferred units would not be included in the Company’s fully diluted share count because they cannot be made exchangeable into shares of common stock and are entitled only to a fixed distribution. Preferred units
Slide 35: Non-GAAP Financial Measures (continued)
Non-GAAP Financial Measures (continued) Excluded Compensation-Related Items with Respect to the 2021 Equity Event under Adjusted Earnings and Adjusted EBITDA Newmark does not view the cash GAAP compensation charges related to 2021 Equity Event (the "Impact of the 2021 Equity Event") as being reflect
Slide 36: Non-GAAP Financial Measures (continued)
Non-GAAP Financial Measures (continued) Calculation of Other income (loss) for Adjusted Earnings and Adjusted EBITDA Adjusted Earnings calculations also exclude certain other non-cash, non-dilutive, and/or non-economic items, which may in some periods include: – Unusual, non-ordinary or non-recurrin
Slide 37: Non-GAAP Financial Measures (continued)
Non-GAAP Financial Measures (continued) METHODOLOGY FOR CALCULATING ADJUSTED EARNINGS TAXES Although Adjusted Earnings are calculated on a pre-tax basis, Newmark also reports post-tax Adjusted Earnings to fully diluted shareholders. The Company defines post-tax Adjusted Earnings to fully diluted sha
Slide 38: Non-GAAP Financial Measures (continued)
Non-GAAP Financial Measures (continued) MANAGEMENT RATIONALE FOR USING ADJUSTED EARNINGS Newmark’s calculation of Adjusted Earnings excludes the items discussed above because they are either non-cash in nature, because the anticipated benefits from the expenditures are not expected to be fully reali
Slide 39: Non-GAAP Financial Measures (continued)
Non-GAAP Financial Measures (continued) MANAGEMENT RATIONALE FOR USING ADJUSTED EBITDA Newmark’s calculation of Adjusted EBITDA excludes certain items discussed above because they are either non-cash in nature, because the anticipated benefits from the expenditures are not expected to be fully reali
Slide 40: Non-GAAP Financial Measures (continued)
Non-GAAP Financial Measures (continued) The Company believes that Adjusted Free Cash Flow is useful for investors in evaluating Newmark’s ability to generate cash that it may deploy for various corporate purposes, including but not limited to paying dividends or distributions, investing in organic g
Slide 41: Reconciliation of GAAP Net Income to Adjusted Earnings and Post-Tax Adjusted EPS
Reconciliation of GAAP Net Income Available to Common Stockholders to Adjusted Earnings Before Noncontrolling Interests And Taxes And GAAP Fully Diluted EPS to Post-Tax Adjusted EPS (in Thousands, Except per Share Data) (Unaudited) Three Months Ended March 31, Year Ended December 31, 2026 2025 2025
Slide 42: Reconciliation of GAAP Net Income to Adjusted Earnings (continued)
Reconciliation of GAAP Net Income Available to Common Stockholders to Adjusted Earnings Before Noncontrolling Interests And Taxes And GAAP Fully Diluted EPS to Post-Tax Adjusted EPS (continued) (in Thousands, Except per Share Data) (Unaudited) Three Months Ended March 31, Year Ended December 31, 202
Slide 43: Reconciliation of GAAP Net Income to Adjusted Earnings (continued)
Reconciliation of GAAP Net Income Available to Common Stockholders to Adjusted Earnings Before Noncontrolling Interests And Taxes And GAAP Fully Diluted EPS to Post-Tax Adjusted EPS (continued) (in Millions) (Unaudited) Three Months Ended March 31, 2026 2025 Year Ended December 31, 2025 2024 GAAP pr
Slide 44: Reconciliation of GAAP Net Income to Adjusted EBITDA
Reconciliation of GAAP Net Income to Adjusted EBITDA (in Thousands, unless noted) (Unaudited) Three Months Ended March 31, Year Ended December 31, 2026 2025 2025 2024 GAAP net income (loss) available to common stockholders $ 14,419 $ (8,766) $ 126,186 $ 61,234 Adjustments: Net income (loss) attribut
Slide 45: Reconciliation of GAAP Net Cash from Operating Activities to Free Cash Flow
Reconciliation of GAAP Net cash provided by (used in) operating activities to Free Cash Flow and Adjusted Free Cash Flow (in Millions) (Unaudited) Three Months Ended March 31, TTM Ended March 31, Year Ended December 31, 2026 2025 2026 2025 2025 2024 Net cash provided by (used in) operating activitie
Slide 46: Other Income Details of Net Leverage
Other Income (in Millions) (Unaudited) Three Months Ended Year Ended March 31, December 31, 2026 2025 2025 2024 Other items, net 0.6 0.7 43.0 6.7 Other income (loss), net under GAAP 0.6 0.7 43.0 6.7 To reconcile from GAAP other income, exclude: Other items, net (0.6) (0.7) (43.0) (6.6) Other income,
Slide 47: Newmark Group, Inc. Media and Investor Contacts
M E D I A C O N T AC T I N V E S T O R C O N T AC T Find out more about Newmark For additional insights from Newmark at the following sites: Research, please go to the following websites: Deb Bergman Jason McGruder t 303-260-4307 nmrk.com Shaun French nmrk.com/insights t 212-829-7124 linkedin.com/co