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 Aug 9, 2026, 10:16 UTC 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

Return on equity & assets (ROE / ROA)

ROEROA

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	ROE	ROA	FCF	Total debt	Cash
2025	$183M	$18M	0.0%	22.9%	7.7%	2.4%	—	$45M	$62M
2024	$194M	$23M	0.0%	23.2%	9.7%	3.3%	$58M	—	$142M
2023	$236M	$57M	0.0%	48.2%	23.8%	9.8%	$105M	$0	$268M
2022	$200M	$34M	0.0%	44.2%	16.5%	6.3%	$100M	—	$189M
2021	$607M	$36M	0.0%	11.9%	18.3%	7.2%	$71M	—	$160M
2020	$590M	$29M	0.0%	11.7%	9.7%	4.2%	$77M	—	$370M
2019	$713M	$75M	0.0%	27.7%	25.8%	11.3%	$198M	—	$358M
2018	—	$96M	—	—	41.3%	19.2%	$228M	—	$257M
2017	—	$42M	—	—	28.3%	11.0%	$125M	—	$109M
2016	—	$37M	—	—	30.6%	11.0%	$99M	—	$66M
2015	—	$7M	—	—	7.2%	2.4%	—	—	$34M

Revenue & net income

RevenueNet income

Margins (gross / operating / net)

GrossOperatingNet

Return on equity & assets (ROE / ROA)

ROEROA

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	ROE	ROA	FCF	Total debt	Cash
Jun '26	$46M	$3M	0.0%	-20.4%	1.4%	0.4%	—	—	$58M
Mar '26	$42M	$1M	0.0%	16.8%	0.4%	0.1%	—	—	$80M
Dec '25	$67M	$12M	0.0%	48.1%	5.2%	1.8%	—	—	$49M
Sep '25	$46M	$3M	0.0%	23.7%	1.5%	0.5%	—	$45M	$62M
Jun '25	$44M	$4M	0.0%	22.6%	1.8%	0.6%	—	—	$121M
Mar '25	$46M	$4M	0.0%	16.6%	1.5%	0.6%	$12M	—	$137M
Dec '24	$47M	$6M	0.0%	28.2%	2.7%	0.9%	$24M	—	$148M
Sep '24	$48M	$5M	0.0%	20.6%	2.2%	0.8%	-$7M	—	$142M
Jun '24	$49M	$5M	0.0%	24.9%	2.1%	0.8%	$31M	$5M	$208M
Mar '24	$50M	$6M	0.0%	24.4%	2.4%	1.0%	$4M	$5M	$192M
Dec '23	$47M	$7M	0.0%	22.8%	2.9%	1.1%	$29M	$5M	$202M
Sep '23	-$503M	$8M	0.0%	-2.9%	3.2%	1.3%	-$5M	$0	$268M
Jun '23	$280M	$25M	0.0%	21.7%	10.3%	4.1%	$70M	—	$295M
Mar '23	$208M	$18M	0.0%	8.5%	8.4%	3.1%	$13M	—	$198M
Dec '22	$251M	$6M	0.0%	8.1%	3.1%	1.1%	$27M	—	$201M
Sep '22	$242M	$12M	0.0%	8.8%	5.8%	2.2%	$11M	—	$189M
Jun '22	$211M	$8M	0.0%	12.0%	3.8%	1.4%	$39M	—	$196M
Mar '22	$198M	$6M	0.0%	10.9%	3.2%	1.2%	$15M	—	$182M
Dec '21	$182M	$8M	0.0%	11.1%	4.1%	1.5%	$35M	—	$182M
Sep '21	$173M	$14M	0.0%	12.2%	7.0%	2.7%	-$779000	—	$160M

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 13.2× (Mar '23) to 16.1× (Nov '26).
The price-to-sales ratio has fallen from 2.2× (Mar '23) to 1.6× (Nov '26).
The dividend yield has risen from 5.7% (Mar '23) to 10.7% (Nov '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?

RMR GROUP INC.'s P/E (TTM) is 14.34 as of the 2026-11-03 close — market cap ÷ net income over the trailing twelve months where four consecutive quarters are reported, otherwise the latest fiscal year, the same figure as on the RMR stock page. The valuation chart above sets each month-end's price against the latest annual net income instead, so its latest point (about 16.1× as of Nov '26) can differ. 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), split-adjusted; price return — dividends not reinvested · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.