RMR Financials RMR GROUP INC.

11 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated 29 h ago Overview →

Growth & profitability

Revenue has declined 20.9% per year over the past 5 years.
Net income has grown faster than revenue (-9.4% vs -20.9% per year).
Operating margin has expanded, at 22.9% in the latest year.
Free cash flow has declined 21.9% per year over the past 5 years.

Financial health

The company holds more cash ($62M) than total debt ($45M).
Operating income covered interest expense 9.7× in the latest year.
Total debt is 0.8× EBITDA.

Shareholder returns

Dividends have been paid for 10 consecutive years, consuming 172.5% of earnings.
The dividend has grown 4.1% per year over the past 5 years.

Revenue & net income

RevenueNet income

Margins (gross / operating / net)

GrossOperatingNet

Free cash flow (CFO − capex)

Free cash flow

Cash vs total debt

CashTotal debt

Cash flow: operating / investing / financing

OperatingInvestingFinancing

Key annual figures

FY	Revenue	Net income	Gross M	Op M	FCF	Total debt	Cash
2025	$183M	$18M	0.0%	22.9%	—	$45M	$62M
2024	$194M	$23M	0.0%	23.2%	$58M	—	$142M
2023	$236M	$57M	0.0%	48.2%	$105M	$0	$268M
2022	$200M	$34M	0.0%	44.2%	$100M	—	$189M
2021	$607M	$36M	0.0%	11.9%	$71M	—	$160M
2020	$590M	$29M	0.0%	11.7%	$77M	—	$370M
2019	$713M	$75M	0.0%	27.7%	$198M	—	$358M
2018	—	$96M	—	—	$228M	—	$257M
2017	—	$42M	—	—	$125M	—	$109M
2016	—	$37M	—	—	$99M	—	$66M
2015	—	$7M	—	—	—	—	$34M

Revenue & net income

RevenueNet income

Margins (gross / operating / net)

GrossOperatingNet

Free cash flow (CFO − capex, quarterly)

Free cash flow

Cash vs total debt

CashTotal debt

Cash flow: operating / investing / financing

OperatingInvestingFinancing

Key quarterly figures

Quarter	Revenue	Net income	Gross M	Op M	FCF	Total debt	Cash
Mar '26	$42M	$1M	0.0%	16.8%	—	—	$80M
Dec '25	$67M	$12M	0.0%	48.1%	—	—	$49M
Sep '25	$46M	$3M	0.0%	23.7%	—	$45M	$62M
Jun '25	$44M	$4M	0.0%	22.6%	—	—	$121M
Mar '25	$46M	$4M	0.0%	16.6%	$12M	—	$137M
Dec '24	$47M	$6M	0.0%	28.2%	$24M	—	$148M
Sep '24	$48M	$5M	0.0%	20.6%	-$7M	—	$142M
Jun '24	$49M	$5M	0.0%	24.9%	$31M	$5M	$208M
Mar '24	$50M	$6M	0.0%	24.4%	$4M	$5M	$192M
Dec '23	$47M	$7M	0.0%	22.8%	$29M	$5M	$202M
Sep '23	-$503M	$8M	0.0%	-2.9%	-$5M	$0	$268M
Jun '23	$280M	$25M	0.0%	21.7%	$70M	—	$295M
Mar '23	$208M	$18M	0.0%	8.5%	$13M	—	$198M
Dec '22	$251M	$6M	0.0%	8.1%	$27M	—	$201M
Sep '22	$242M	$12M	0.0%	8.8%	$11M	—	$189M
Jun '22	$211M	$8M	0.0%	12.0%	$39M	—	$196M
Mar '22	$198M	$6M	0.0%	10.9%	$15M	—	$182M
Dec '21	$182M	$8M	0.0%	11.1%	$35M	—	$182M
Sep '21	$173M	$14M	0.0%	12.2%	-$779000	—	$160M
Jun '21	$145M	$8M	0.0%	14.4%	$36M	—	$398M

Valuation over time

How the market has priced RMR against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.

The price-to-earnings ratio has risen from 12.9× (Mar '23) to 19.8× (Jun '26).
The price-to-sales ratio has fallen from 2.2× (Mar '23) to 1.9× (Jun '26).
The dividend yield has risen from 5.9% (Mar '23) to 8.7% (Jun '26).

Price / earnings (P/E)

P/E

Price / sales (P/S)

P/S

Dividend yield (%)

Dividend yield %

Frequently asked questions

Is RMR growing its revenue and profit?

Over the past 5 years, RMR GROUP INC.'s revenue has declined 20.9% per year, and net income declined 9.4% per year. These are computed facts, not advice.

How much debt does RMR have?

As of FY2025, RMR GROUP INC. reported $45M of total debt against $62M of cash; operating income covered interest expense 9.7×.

What is RMR's profit margin?

In FY2025, gross margin was —, operating margin 22.9%, and net margin 9.6%.

What is RMR's P/E ratio?

As of Jun '26, RMR GROUP INC. traded at a price-to-earnings ratio of about 19.8× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S and dividend yield have moved with the share price. These are computed facts, not advice.

Where does this data come from?

All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.

Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.