RMR GROUP INC. RMR

Industrials SIC 8742 - Services-Management Consulting Services NAICS Professional, Scientific, and Technical Services › Management, Scientific, and Technical Consulting Services › Management Consulting Services › Administrative Management and General Management Consulting Services derived Nasdaq

The RMR Group Inc., or RMR Inc., is a holding company and substantially all of its business is conducted by its majority owned subsidiary, The RMR Group LLC, or RMR LLC. RMR Inc. is a Maryland corporation and RMR LLC is a Maryland limited liability company. RMR Inc. serves as the sole managing member of RMR LLC and, in that capacity, operates and controls the business and affairs of RMR LLC. In this Annual Report on Form 10-K, unless otherwise indicated, "we", "us" and "our" refers to RMR Inc. and its direct and indirect subsidiaries, including RMR LLC.

As of September 30, 2025, RMR Inc. owned 16,063,495 class A membership units of RMR LLC, or Class A Units, and 1,000,000 class B membership units of RMR LLC, or Class B Units. The aggregate RMR LLC membership units RMR Inc. owns represent approximately 53.2% of the economic interest of RMR LLC. A wholly owned subsidiary of ABP Trust owns 15,000,000 redeemable Class A Units, representing approximately 46.8% of the economic interest of RMR LLC.

Last close 17.48 2026-10-23
Market cap $293.5M estimated share count
52-week range 14.27 - 21.45

Valuation FY2025 figures against the last close

P/S1.6x
P/E17.0x
P/FCF3.9x
EV/EBITDA5.2x
Dividend yield10.3%
Diluted EPS1.03

Annual financial statements

Income statement

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Revenue $182.7M$193.9M$236.2M$200.0M$607.2M$589.5M$713.4M$405.0M$271.7M$266.9M
Cost of revenue ————————$99.8M$92.0M
Gross profit ————————$172.0M$175.0M
SG&A $42.5M$43.7M$36.0M$32.9M$27.0M$26.5M$28.7M$27.1M$25.2M$23.2M
Total operating expenses $658.5M$852.6M$848.6M$744.1M$535.1M$520.8M$515.6M$153.0M$136.2M$120.2M
Operating income $41.8M$45.0M$113.7M$88.4M$72.1M$68.7M$197.8M$252.0M$135.6M$146.7M
Interest expense $4.3M$783.0K$0$0——————
Pre-tax income $46.4M$64.4M$149.5M$90.7M$94.2M$77.9M$196.4M$276.3M$136.9M$146.9M
Income tax $7.7M$11.3M$21.8M$13.2M$13.2M$11.6M$27.3M$58.9M$28.3M$24.6M
Net income $17.6M$23.1M$57.1M$34.0M$35.7M$28.8M$74.6M$96.0M$42.3M$37.2M
EPS, basic 1.031.383.442.062.181.774.595.942.632.33
EPS, diluted 1.031.383.442.042.151.754.595.922.632.33
Shares, diluted (wtd. avg.) 16.6M16.5M16.4M31.3M31.3M31.2M16.1M16.1M16.0M16.0M

Balance sheet

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Cash and equivalents $62.3M$141.6M$268.0M$189.1M$159.8M$369.7M$358.4M$256.8M$108.6M$65.8M
Total current assets $192.7M$294.1M$386.3M$303.3M$254.5M$456.1M$457.8M$296.1M$140.9M$95.4M
Property, plant and equipment $228.7M$76.4M$5.4M$2.5M$2.2M$2.3M$2.4M$2.6M$3.3M$3.8M
Goodwill $71.8M$71.8M$1.9M$1.9M$1.9M$1.9M$1.9M$1.9M$1.9M$2.3M
Other intangibles $26.1M$20.3M$167.0K$198.0K$235.0K$277.0K$323.0K$375.0K$462.0K$1.1M
Total assets $718.2M$700.5M$582.4M$542.4M$497.9M$690.3M$660.8M$499.0M$383.7M$337.5M
Accounts payable $38.7M$31.6M$22.6M$16.7M$15.0M$17.0M$20.3M$28.3M$26.4M$20.6M
Total current liabilities $117.8M$133.4M$105.6M$109.2M$81.1M$81.8M$91.0M$28.3M$26.4M$20.6M
Long-term debt $44.6M—————————
Total liabilities $316.2M$281.1M$158.8M$172.7M$150.2M$149.4M$131.8M$69.8M$94.1M$91.1M
Retained earnings $453.8M$436.2M$413.1M$355.9M$321.9M$286.2M$257.5M$182.9M$86.8M$44.5M
Total equity $227.7M$237.6M$423.7M$369.7M$347.7M$540.9M$529.0M$434.7M$289.7M$246.4M

Cash flow

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Operating cash flow $75.7M$61.4M$109.2M$101.3M$71.8M$77.5M$198.2M$228.5M$125.9M$99.7M
Depreciation and amortisation $11.6M$4.7M$1.1M$993.0K$973.0K$968.0K$1.0M$1.2M$2.0M$1.8M
Stock-based compensation $9.7M$10.6M$12.5M$10.1M$12.0M$7.8M$9.0M$10.4M$7.1M$8.6M
Capital expenditure —$3.9M$4.0M$1.1M$1.1M$601.0K$702.0K$648.0K$827.0K$1.1M
Investing cash flow -$183.9M-$209.8M$49.5M-$10.6M-$1.1M-$5.9M-$14.7M-$648.0K-$12.8M-$3.5M
Financing cash flow $28.8M$22.1M-$79.8M-$61.4M-$280.5M-$60.4M-$81.8M-$79.6M-$70.3M-$64.9M
Dividends paid $30.3M$28.4M$26.6M$25.7M$139.8M$24.8M$22.7M$16.2M$16.1M$17.2M
Buybacks $903.0K$1.1M$734.0K$547.0K$834.0K$523.0K$827.0K$987.0K$358.0K$91.0K

Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001644378-25-000043.

Plot the figures US dollars

Income statement Revenue Cost of revenue Gross profit R&D SG&A Total operating expenses Operating income Interest expense Pre-tax income Income tax Net income EPS, basic EPS, diluted Shares, diluted (wtd. avg.)
Balance sheet Cash and equivalents Short-term investments Receivables Inventory Total current assets Property, plant and equipment Goodwill Other intangibles Total assets Accounts payable Short-term debt Total current liabilities Long-term debt Total liabilities Retained earnings Total equity
Cash flow Operating cash flow Depreciation and amortisation Stock-based compensation Capital expenditure Investing cash flow Financing cash flow Dividends paid Buybacks
  • Revenue
  • Gross profit
  • Net income
Revenue, Gross profit, Net income by fiscal year, in US dollars The same figures are in the table below this chart. 0 200M 400M 600M 800M Revenue, FY2016: 266.9M Gross profit, FY2016: 175M Net income, FY2016: 37.2M Revenue, FY2017: 271.7M Gross profit, FY2017: 172M Net income, FY2017: 42.3M Revenue, FY2018: 405M Net income, FY2018: 96M Revenue, FY2019: 713.4M Net income, FY2019: 74.6M Revenue, FY2020: 589.5M Net income, FY2020: 28.8M Revenue, FY2021: 607.2M Net income, FY2021: 35.7M Revenue, FY2022: 200M Net income, FY2022: 34M Revenue, FY2023: 236.2M Net income, FY2023: 57.1M Revenue, FY2024: 193.9M Net income, FY2024: 23.1M Revenue, FY2025: 182.7M Net income, FY2025: 17.6M FY2016 FY2017 FY2018 FY2019 FY2020 FY2021 FY2022 FY2023 FY2024 FY2025
Fiscal year FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue $266.9M $271.7M $405.0M $713.4M $589.5M $607.2M $200.0M $236.2M $193.9M $182.7M
Gross profit $175.0M $172.0M — — — — — — — —
Net income $37.2M $42.3M $96.0M $74.6M $28.8M $35.7M $34.0M $57.1M $23.1M $17.6M

Recent filings and events

  • Results announced The quarterly or annual earnings release. Arrives four times a year from almost every company here. Item 2.02
  • Other event The catch-all. The company chose to disclose something that fits no other item, so the content is whatever it says it is. Item 8.01
  • Regulation FD disclosure Something the company told the market and had to tell everyone at once - usually a slide deck or a press release. Item 7.01
  • Regulation FD disclosure Item 7.01
  • Results announced Item 2.02
  • Regulation FD disclosure Item 7.01
  • Shareholder vote The results of the annual meeting or a special vote. Item 5.07
  • Results announced Item 2.02
  • Officer or director change Someone at the top arrived or left. The item covers everything from a board retirement to a chief executive being removed, and only the filing itself says which. Item 5.02
  • Officer or director change Item 5.02
  • Annual report filed A new 10-K. The figures and the business description on this site come from it. Form 10-K
  • Results announced Item 2.02

Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.

Others in SIC 8742

TickerCompanyMarket capP/ERevenue growth
BAH Booz Allen Hamilton Holding Corp $9.42B 11.4x -6.4%
G Genpact LTD $6.86B 13.0x 6.6%
FCN FTI CONSULTING, INC $4.34B 19.1x 2.4%
EXPO EXPONENT INC $3.68B 37.4x 4.2%
HURN Huron Consulting Group Inc. $3.17B 33.5x 11.9%
ASTH Astrana Health, Inc. $2.09B 81.4x 56.4%
ICFI ICF International, Inc. $1.69B 19.1x -7.3%
BWMN Bowman Consulting Group Ltd. $742.5M 58.7x 14.9%