The RMR Group Inc.

NASDAQ•RMR

CEO: Mr. Adam David Portnoy

Sector: Real Estate

Industry: Real Estate - Services

Listing Date: 2015-12-14

The RMR Group Inc., through its subsidiary, The RMR Group LLC, provides asset management services in the United States. The company offers management services to its four publicly traded real estate investment trusts, two real estate operating companies, and private capital vehicles. It also provides advisory services to publicly traded mortgage real estate investment trust. The company was formerly known as REIT Management & Research Inc. and changed its name to The RMR Group Inc. in October 2015. The RMR Group Inc. was founded in 1986 and is headquartered in Newton, Massachusetts.

Contact Information

Two Newton Place, Suite 300 255 Washington Street, Newton, MA, 02458-1634, United States

617-796-8230

www.rmrgroup.com

Market Cap

$518.84M

P/E (TTM)

11.6

218.3

Dividend Yield

11.1%

52W High

$18.09

52W Low

$13.48

52W Range

61%

Rank28Top 16.1%

5.3

F-Score

Modified Piotroski Analysis

Based on 10-year fundamentals

Average • 5.3 / 9 points

Scoring Range (0-9)

8-9: Excellent Value

6-7: Strong Fundamentals

4-5: Average Quality

0-3: Weak Performance

Data Period: 2016-2025

Financial Dashboard

Q1 2026 Data

Revenue

$180.42M+0.00%

4-Quarter Trend

EPS

$0.71+0.00%

4-Quarter Trend

FCF

$9.69M+0.00%

4-Quarter Trend

2026 Q1 Earnings Highlights

Key Highlights

Operating Income Surges Operating income surged 139.7% to 32,085K USD. Driven by lower reimbursable costs and expense control measures implemented.

Net Income Rises Sharply Net income attributable to RMR Group Inc. rose 91.1% to 12,190K USD. EPS increased to $0.71 from $0.38.

Incentive Fees Boost Revenue Incentive fees jumped to 23,625K USD from 68K USD. Driven by 2025 performance metrics for DHC and ILPT.

Total Expenses Reduced Total expenses dropped 28.0% to 148,339K USD. Significant reduction in other reimbursable costs by 39.7%.

Risk Factors

Client Revenue Concentration Revenues heavily dependent on limited number of clients. Management services revenue declined 9.3% year-over-year.

OPI Restructuring Uncertainty OPI entered Chapter 11 in October 2025. Future management fee revenue may reduce during reorganization effectiveness.

Cash Position Tightened Cash and equivalents decreased sharply to 49,315K USD. Driven by 59,582K USD used in financing activities.

AlerisLife Business Wind Down AlerisLife winding down operations by June 2026. This impacts management services revenue stream over the next year.

Outlook

Expanding Private Capital Actively investing in capital formation capabilities. Intent to diversify revenues via sponsoring new private capital funds.

New OPI Management Terms New management agreements with OPI expected post-reorganization. Includes $14.0M annual fee for first two years.

Liquidity for Growth Focus Cash positioned well for capital allocation strategies. Focus remains on private capital growth and technology enhancement.

Managing Interest Rate Risk Vulnerable to rising SOFR rates on floating debt. Interest rate caps mitigate immediate impact on operating results.

Peer Comparison

Revenue (TTM)

RMR

$661.23M

-22.7%

CMTG

$414.35M

+273.2%

FPH

$110.02M

-53.8%

Gross Margin (Latest Quarter)

CMTG

53.7%

-121.9pp

RMR

49.3%

+172.7pp

FPH

45.9%

+5.7pp

Key Metrics

Symbol	Market Cap	P/E (TTM)	ROE (TTM)	Debt to Assets
RMR	$518.84M	11.6	10.1%	23.0%
FRPH	$430.48M	92.2	1.1%	25.3%
FPH	$362.66M	5.1	8.9%	15.8%

Long-Term Trends

Last 4 Quarters

Revenue

Net Income

Operating Cash Flow

4Q Revenue CAGR

2.7%

Moderate Growth

4Q Net Income CAGR

49.9%

Profitability Improved

Cash Flow Stability

100%

Strong Cash Flow

Deep Research

Next earnings:May 4, 2026

EPS:-

Revenue:-

Financials

Earnings Calls

Reports

News

Income Statement

Balance Sheet

Cash Flow Statement

Ratios

% Chg.

Income Statement	LTM

No Data