The RMR Group Inc. Class A Common Stock (RMR) Financials

EPS

Hollow marker is the consensus estimate; filled is the reported figure, colored by beat or miss.

Revenue

Outlined bar is the consensus estimate; solid is reported.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
Q3 26	$0.16	$0.15	-6.3%	—	$153.5M	—
Q2 26	$0.14	$0.11	-21.4%	—	$145.6M	—
Q1 26	$0.19	$0.2	+5.3%	—	$180.4M	—
Q4 25	$0.22	$0.22	0.0%	—	$159.4M	—
Q3 25	$0.28	$0.28	0.0%	—	$154.7M	—
Q2 25	$0.3	$0.28	-6.7%	—	$166.7M	—
Q1 25	$0.35	$0.35	0.0%	—	$219.5M	—
Q4 24	$0.38	$0.34	-10.5%	—	$212.7M	—
Q3 24	$0.39	$0.37	-5.1%	—	$205.7M	—
Q2 24	$0.4	$0.39	-2.5%	—	$217.9M	—
Q1 24	$0.44	$0.49	+11.4%	—	$261.7M	—
Q4 23	$0.46	$0.48	+4.3%	—	$222.9M	—
Q3 23	$0.48	$0.48	0.0%	—	$280.2M	—
Q2 23	$0.49	$0.49	0.0%	—	$208.4M	—
Q1 23	$0.53	$0.51	-3.8%	—	$250.7M	—
Q4 22	$0.56	$0.57	+1.8%	—	$242.2M	—

EPS

Reported per-share earnings by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Revenue

Reported revenue by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
FY25	—	$1.03	—	—	$700.3M	—
FY24	—	$1.38	—	—	$897.6M	—
FY23	—	$3.44	—	—	$962.3M	—
FY22	—	$2.06	—	—	$832.5M

Total revenue

Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	$266.9M	$271.7M	$405M	$713.4M	$589.5M	$607.2M	$832.5M	$962.3M	$897.6M	$700.3M
YoY change	+38.4%	+1.79%	+49%	+76.1%	-17.4%	+3.01%	+37.1%	+15.6%	-6.72%	-22%

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	266.9M	271.7M	405M	713.4M	589.5M	607.2M	832.5M	962.3M	897.6M	700.3M
Cost of revenue	83.4M	0	0	354.5M	360.6M	370M	568.8M	656.4M	609.1M	424.8M
Gross profit	183.5M	271.7M	405M	358.8M	228.9M	237.2M	263.7M	305.9M	288.5M	275.4M
Gross margin	68.7%	100%	100%	50.3%	38.8%	39.1%	31.7%	31.8%	32.1%	39.3%
Research & development	—	—	—	—	—	—	—	—	—	—
Selling, general & administrative	115.1M	124.9M	146.3M	152.3M	155.7M	158.6M	172.9M	184.9M	224.7M	213.9M
Operating expenses	115.1M	124.9M	146.3M	152.3M	155.7M	158.6M	172.9M	184.9M	224.7M	213.9M
Operating income	150M	144.7M	257.4M	205.5M	72.2M	77.6M	89.8M	120M	59M	50M
Operating margin	56.2%	53.3%	63.6%	28.8%	12.3%	12.8%	10.8%	12.5%	6.58%	7.14%
Non-operating income, net	-3.3M	-9.4M	14.3M	-17.9M	1.2M	15.8M	-437K	19M	-4.2M	-4.5M
Pretax income	146.9M	136.9M	276.3M	196.4M	77.9M	94.2M	90.7M	149.5M	64.4M	46.4M
Income tax	24.6M	28.3M	58.9M	27.3M	11.6M	13.2M	13.2M	21.8M	11.3M	7.7M
Net income	122.4M	108.7M	217.4M	169M	66.3M	81M	77.5M	127.8M	53.1M	38.7M
Net margin	45.8%	40%	53.7%	23.7%	11.3%	13.3%	9.31%	13.3%	5.92%	5.52%
EBITDA	155.1M	156M	268.4M	220.5M	76.7M	82M	93.1M	156.9M	81.4M	61.7M
EPS	2.33	2.63	5.94	4.59	1.77	2.18	2.06	3.44	1.38	1.03
Diluted EPS	2.33	2.63	5.92	4.59	1.75	2.15	2.04	3.44	1.38	1.03

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26	Q3 26
Revenue	222.9M	261.7M	217.9M	205.7M	212.7M	219.5M	166.7M	154.7M	159.4M	180.4M	145.6M	153.5M
Cost of revenue	—	—	—	—	—	—	—	—	89.4M	91.5M	81.2M	82.7M
Gross profit	—	—	—	—	—	—	—	—	70M	89M	64.5M	70.8M
Gross margin	—	—	—	—	—	—	—	—	43.9%	49.3%	44.3%	46.1%
Research & development	—	—	—	—	—	—	—	—	—	—	—	—
Selling, general & administrative	—	—	—	—	—	—	—	—	54.7M	49.4M	51.5M	55.9M
Operating expenses	—	—	—	—	—	—	—	—	54.7M	49.4M	51.5M	55.9M
Operating income	—	—	—	—	—	—	—	—	11.6M	34.9M	8.6M	10.5M
Operating margin	—	—	—	—	—	—	—	—	7.27%	19.4%	5.88%	6.81%
Non-operating income, net	—	—	—	—	—	—	—	—	-1.4M	-1.3M	-3.8M	1.6M
Pretax income	—	—	—	—	—	—	—	—	9.6M	31.5M	2.6M	9.3M
Income tax	—	—	—	—	—	—	—	—	2.1M	4.7M	589K	1.9M
Net income	—	—	—	—	—	—	—	—	7.6M	26.8M	2.1M	7.4M
Net margin	—	—	—	—	—	—	—	—	4.76%	14.9%	1.41%	4.81%
EBITDA	—	—	—	—	—	—	—	—	11.3M	40.1M	13.5M	15.3M
EPS	—	0.42	0.35	0.29	—	0.38	0.21	0.25	—	0.71	0.05	0.18
Diluted EPS	—	0.41	0.34	0.29	—	0.38	0.21	0.25	—	0.71	0.05	0.18

P/E

Annual history by fiscal year; click a table row below to chart a different metric.

Current values are trailing twelve months where available, otherwise the latest fiscal year; unreported figures show a dash.

Key stats

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Market cap	—	823.2M	1.5B	733.7M	444.8M	544.1M	387M	402.8M	419.6M	261.8M	316.2M
Enterprise value	—	714.6M	1.2B	375.2M	111.6M	418.3M	228.3M	164.9M	392.3M	403.6M	613.7M
Shares outstanding	16M	16M	16.1M	16.1M	16.2M	16.3M	16.3M	16.4M	16.5M	16.6M	16.6M

Valuation

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
P/E	—	7.58	6.86	4.34	6.71	6.72	5	3.15	7.9	6.77	16.1
P/S	—	3.03	3.68	1.03	0.75	0.9	0.46	0.42	0.47	0.37	1.42
P/B	—	2.84	3.43	1.39	0.82	1.56	1.05	0.95	1	0.65	1.41
EV/EBITDA	—	4.58	4.6	1.7	1.46	5.1	2.45	1.05	4.82	6.54	6.42
EV/Sales	—	2.63	3.05	0.53	0.19	0.69	0.27	0.17	0.44	0.58	2.75
Earnings yield	—	13.2%	14.6%	23%	14.9%	14.9%	20%	31.7%	12.7%	14.8%	6.21%
FCF yield	—	15.2%	15.3%	26.9%	17.3%	13%	25.9%	26.1%	13.7%	27.5%	29.5%
PEG	—	—	—	—	—	—	—	—	—	—	-0.58

Profitability

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Gross margin	68.7%	100%	100%	50.3%	38.8%	39.1%	31.7%	31.8%	32.1%	39.3%	46.1%
Operating margin	56.2%	53.3%	63.6%	28.8%	12.3%	12.8%	10.8%	12.5%	6.58%	7.14%	20.6%
Net margin	45.8%	40%	53.7%	23.7%	11.3%	13.3%	9.31%	13.3%	5.92%	5.52%	8.88%
ROE	49.7%	37.5%	50%	32%	12.3%	23.3%	21%	30.2%	12.7%	9.62%	10.9%
ROA	36.3%	28.3%	43.1%	25.6%	9.61%	16.3%	14.3%	21.9%	7.58%	5.39%	6.33%
ROIC	69.2%	63.5%	113.9%	103.7%	29.6%	30.1%	36.4%	55.2%	12.4%	7.67%	10.3%
Return on tangible assets	37%	28.7%	43.5%	25.8%	9.67%	16.4%	14.4%	22.1%	10.3%	7.4%	8.29%

Financial health

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Current ratio	4.64	5.33	10.5	5.03	5.58	3.14	2.78	3.66	2.2	1.64	1.4
Quick ratio	4.64	5.33	10.5	5.03	5.58	3.14	2.78	3.66	2.2	1.64	1.4
Debt / equity	—	—	—	0	0.07	0.1	0.08	0.07	0.27	0.51	0.46
Debt / assets	—	—	—	0	0.05	0.07	0.06	0.05	0.16	0.28	0.26
Net debt / EBITDA	—	—	—	-1.63	-4.34	-1.53	-1.7	-1.52	-0.34	2.3	1.56
Interest coverage	—	—	—	—	—	—	—	—	83.3	11.8	6.24
Effective tax rate	16.7%	20.6%	21.3%	13.9%	14.8%	14%	14.6%	14.6%	17.6%	16.6%	17.4%

Per share

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Revenue per share	16.7	16.9	25.2	44.2	36.4	37.3	51	58.6	54.3	42.1	13.3
EPS (basic)	2.33	2.63	5.94	4.59	1.77	2.18	2.06	3.44	1.38	1.03	1.03
EPS (diluted)	2.33	2.63	5.92	4.59	1.75	2.15	2.04	3.44	1.38	1.03	1.15
Book value per share	15.4	18.1	27	32.8	33.4	21.4	22.6	25.8	25.4	24.2	13.1
FCF per share	6.16	7.8	14.2	12.2	4.75	4.34	6.13	6.41	3.48	4.33	5.52
Cash per share	4.11	6.78	16	22.2	22.8	9.83	11.6	16.3	8.57	3.74	3.55
Capex per share	0.07	0.05	0.04	0.04	0.04	0.07	0.07	0.24	0.23	—	—

Capital allocation

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Capex / revenue	0.4%	0.3%	0.16%	0.1%	0.1%	0.19%	0.13%	0.41%	0.43%	—	—
Capex / operating cash flow	1.07%	0.65%	0.29%	0.38%	0.76%	1.23%	1.11%	2.98%	5.76%	—	—
Payout ratio	14.1%	14.8%	7.44%	13.4%	37.4%	172.5%	33.2%	20.8%	53.5%	78.5%	156.5%
Dividend yield	—	1.95%	1.08%	3.1%	5.57%	25.7%	6.65%	6.6%	6.77%	11.6%	9.73%

Yield

9.73%

trailing twelve months

Frequency

Quarterly

Last dividend

$0.45

ex-dividend Jul 20, 2026

Payout ratio

157%

of earnings

Dividend growth

3 years

consecutive annual raises

Dividend per share

Split-adjusted payout per share by ex-dividend date.

Recent payouts

Ex-dividend	Amount
Jul 20, 2026	$0.45
Apr 21, 2026	$0.45
Jan 26, 2026	$0.45
Oct 27, 2025	$0.45
Jul 21, 2025	$0.45
Apr 22, 2025	$0.45
Jan 27, 2025	$0.45

Period	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26	Q3 26
Revenue	$222.9M	$261.7M	$217.9M	$205.7M	$212.7M	$219.5M	$166.7M	$154.7M	$159.4M	$180.4M	$145.6M	$153.5M
YoY change	-7.95%	+4.37%	+4.57%	-26.6%	-4.58%	-16.1%	-23.5%	-24.8%	-25.1%	-17.8%	-12.6%	-0.78%

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Cash & short-term investments	65.8M	108.6M	256.8M	358.4M	369.7M	159.8M	189.1M	268M	141.6M	62.3M
Receivables	—	—	—	—	—	—	—	—	—	—
Inventory	—	—	—	—	—	—	—	—	—	—
Total current assets	95.4M	140.9M	296.1M	457.8M	456.1M	254.5M	303.3M	386.3M	294.1M	192.7M
Property, plant & equipment	8.1M	3.3M	2.6M	2.4M	37M	34.5M	31.4M	34.5M	46.4M	65.6M
Goodwill & intangibles	6.8M	4.6M	4.5M	4.4M	4.3M	4.2M	4.1M	4.1M	184.1M	195.8M
Total assets	337.5M	383.7M	504.4M	660.8M	690.3M	497.9M	542.4M	582.4M	700.5M	718.2M
Accounts payable	—	—	—	20.3M	17M	15M	16.7M	22.6M	31.6M	38.7M
Short-term debt	—	—	—	—	4.4M	4.9M	4.7M	5.1M	5.9M	31.9M
Total current liabilities	20.6M	26.4M	28.3M	91M	81.8M	81.1M	109.2M	105.6M	133.4M	117.8M
Long-term debt	—	—	—	0	32M	29.1M	25.6M	25M	108.4M	172.1M
Total liabilities	91.1M	94.1M	69.8M	131.8M	149.4M	150.2M	172.7M	158.8M	281.1M	316.2M
Shareholders' equity	246.4M	289.7M	434.7M	529M	540.9M	347.7M	369.7M	423.7M	419.4M	402M
Total debt	—	—	—	0	36.4M	34.1M	30.3M	30.1M	114.3M	204M
Net debt	—	—	—	-358.4M	-333.2M	-125.8M	-158.8M	-237.9M	-27.3M	141.7M

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26	Q3 26
Cash & short-term investments	268M	202.4M	192.1M	208M	141.6M	147.6M	137.2M	121.3M	62.3M	49.3M	80.1M	58.2M
Receivables	—	—	—	—	—	—	—	—	—	—	—	—
Inventory	—	—	—	—	—	—	—	—	—	—	—	—
Total current assets	386.3M	325.7M	291M	315.3M	294.1M	291M	243.9M	221.4M	192.7M	171.9M	177.5M	153.3M
Property, plant & equipment	34.5M	14.7M	44.6M	44.2M	46.4M	102.2M	100.8M	115M	65.6M	248.8M	247.8M	244.9M
Goodwill & intangibles	4.1M	186M	184.2M	182.4M	184.1M	181.9M	179.5M	187.4M	195.8M	191.4M	187.7M	184.2M
Total assets	582.4M	625.4M	583.7M	602.3M	700.5M	692.7M	649.7M	648M	718.2M	687.1M	684.6M	713.6M
Accounts payable	22.6M	42.5M	32.6M	42.6M	31.6M	41.3M	38.2M	45.2M	38.7M	37.9M	45M	55.4M
Short-term debt	5.1M	5.9M	5.9M	6M	5.9M	5.7M	5.7M	5.6M	31.9M	5.5M	5.5M	5.5M
Total current liabilities	105.6M	126.1M	89.6M	115.8M	133.4M	132.7M	97.2M	97.4M	117.8M	94.3M	102.4M	109.9M
Long-term debt	25M	30.3M	29.1M	27.8M	108.4M	106.6M	106.4M	110.7M	172.1M	152.7M	152.1M	177.9M
Total liabilities	158.8M	200.8M	159.5M	180.6M	281.1M	271M	234.8M	238.7M	316.2M	272.3M	280.2M	315M
Shareholders' equity	423.7M	424.6M	424.2M	421.7M	419.4M	421.7M	414.9M	409.3M	402M	414.8M	404.4M	398.6M
Total debt	30.1M	36.2M	35M	33.9M	114.3M	112.3M	112.1M	116.2M	204M	158.2M	157.6M	183.4M
Net debt	-237.9M	-166.2M	-157.1M	-174.1M	-27.3M	-35.3M	-25.1M	-5M	141.7M	108.9M	77.5M	125.2M

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Net income	122.4M	108.7M	217.4M	169M	66.3M	81M	77.5M	127.8M	53.1M	38.7M
Depreciation & amortization	1.8M	2M	1.2M	1M	968K	973K	993K	1.1M	4.7M	11.6M
Stock-based compensation	—	—	—	—	—	—	—	—	—	—
Change in working capital	-35.4M	6M	-3.7M	1.1M	-3M	-7.9M	7.9M	-6.6M	-4.2M	13.9M
Operating cash flow	100.2M	128.1M	223.5M	185.9M	79.5M	92.8M	100.8M	133.9M	67.1M	75.7M
Capital expenditure	-1.1M	-827K	-648K	-702K	-601K	-1.1M	-1.1M	-4M	-3.9M	—
Investing cash flow	-3.5M	-12.8M	-648K	-14.7M	-5.9M	-1.1M	-10.6M	103M	-139.3M	-18.4M
Dividends paid	-17.2M	-16.1M	-16.2M	-22.7M	-24.8M	-139.8M	-25.7M	-26.6M	-28.4M	-30.3M
Share repurchases	-91K	-358K	-987K	-827K	-523K	-834K	-547K	-734K	-1.1M	-903K
Financing cash flow	-64.9M	-70.3M	-79.6M	-81.8M	-60.4M	-280.5M	-61.4M	-79.8M	22.1M	26.7M
Net change in cash	31.8M	44.9M	143.3M	89.3M	13.2M	-188.8M	28.8M	157M	-50.1M	84M
Free cash flow	98.7M	125.1M	227.8M	197.5M	76.9M	70.7M	100.1M	105.2M	57.5M	72.1M

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26	Q3 26
Net income	17.1M	15.5M	12.7M	12.4M	12.5M	14.1M	7.7M	9.3M	7.6M	26.8M	2.1M	7.4M
Depreciation & amortization	281K	423K	1.2M	1.2M	1.8M	2.3M	2.5M	3M	3.7M	4.7M	4.4M	4.4M
Stock-based compensation	—	—	—	—	—	—	—	—	—	—	—	—
Change in working capital	-29.8M	14.8M	15.8M	-13.7M	-20.8M	21.4M	29M	-31.4M	-5M	-31.2M	35.2M	18.9M
Operating cash flow	-8.8M	34.5M	33.9M	1.9M	-3.2M	38M	41.8M	22.1M	15.6M	10.7M	48.8M	23.4M
Capital expenditure	-756K	-1.1M	-750K	-751K	-1.2M	-1.5M	-662K	—	—	—	—	—
Investing cash flow	-756K	-79.9M	-750K	-751K	-1.5M	-3.6M	-10.3M	-6.1M	932K	36.9M	-990K	-6.4M
Dividends paid	-6.6M	-6.7M	-6.7M	-7.5M	-7.5M	-7.6M	-7.6M	-7.6M	-7.6M	-7.7M	-7.7M	-7.7M
Share repurchases	-555K	-12K	-112K	-26K	-986K	-6K	-23K	-134K	-740K	-35K	-46K	-27K
Financing cash flow	-22.2M	-15.6M	-14.7M	-15.4M	-20.4M	-15.4M	-15.9M	-9.9M	-23.2M	-104.7M	-14.3M	-39.6M
Net change in cash	-31.8M	-61M	18.5M	-14.3M	-25.1M	19M	15.6M	6M	-6.6M	-57M	33.5M	-22.6M
Free cash flow	-5.2M	28.8M	4.3M	31.3M	-6.9M	23.6M	12.3M	21.7M	14.6M	9.7M	46.1M	22.3M

The RMR Group Inc. Class A Common Stock Financials

EPS

Revenue

Results

EPS

Revenue

Results

Total revenue

Total revenue

Revenue and profits

Condensed income statement

Revenue and profits

Condensed income statement

P/E

Key stats

Valuation

Profitability

Financial health

Per share

Capital allocation

Dividend per share

Recent payouts

Assets vs. liabilities & equity

Condensed balance sheet

Assets vs. liabilities & equity

Condensed balance sheet

Cash generation and uses

Condensed cash flow statement

Cash generation and uses

Condensed cash flow statement