Pricing Log in Create free account
Friday 6 November 2026 Export CMTG’s income statement to Excel — free account

Claros Mortgage Trust, Inc.

CMTG Real Estate Reit Mortgage

Claros Mortgage Trust, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $187.8 million, down 24.4% from fiscal 2024.

Revenue
−29.2%
EPS
−44.0%
Free cash flow
+36.7%
Total debt
−35.1%

Quarter to September 2026, against a year earlier

1.69 0.02 −1.17%
Market cap
$241.3M
P/E
0.0×
Fwd P/E
−0.4×
Dividend yield
0.00%
F-score
2/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a
Overview
Financials
Income Statement Balance Sheet Cash Flow Metrics & Ratios

Insider Decisions last twelve months

Bought, $m 0.62
Trades a month
Jan 26 Apr 26 Jul 26 Oct 26
Buy — — 2 1 — — — — 1 1 — —
Sell — — — — — — — — — — — —
Insider Ownership 25.80%

Capital & Financial Ratios $m

Size
Market Cap 241.26
Revenue ttm 138.62
Net income ttm (543.19)
Free cash flow ttm 73.53
Net debt Q 1,877.66
Valuation
P/E 0.00
Forward P/E (0.44) (negative: loss-making)
Price / sales 1.75
Forward P/S Powerpack
Price / FCF 3.31
Price / book 0.20
Financial health
Current ratio Q 0.00
Debt / equity Q 1.65
Interest coverage Q —
Growth
Revenue growth Q −29.16% (below 0%: shrinking)
Operating income growth Q −8,128.25% (below 0%: shrinking)
EPS, this year +5.72%
EPS, next year A +52.19% (at or above 15%: strong)
Revenue, next year A −42.23% (below 0%: weak)
EPS, past 5 yrs —
EPS, next 5 yrs A +60.60% (at or above 15%: strong)

Green and red mark values outside typical ranges; (Q) is the latest quarter, (A) analysts’ estimates. How we judge →

Valuation vs history

EV/Sales, ten years
EV/Sales is 15.3×, against a ten-year median of 19.6×; over the ten years it ranged from 14.3× in 2026 to 28.4× in 2022.
P/S against its own 10 years 12.09%
10-year low 10-year high
P/B against its own 10 years 8.91%
10-year low 10-year high
EV/Sales against its own 10 years 12.09%
10-year low 10-year high
EV/FCF against its own 10 years 2.07%
10-year low 10-year high

Dividends

Yield
0.00%
Annual rate
0.00
Payout ratio
—
Growth, 2021–25
−100.0%/yr
  1. 0.37 ’21
  2. 1.48 ’22 +300
  3. 1.24 ’23 −16
  4. 0.60 ’24 −52
  5. 0.00 ’25 −100
paid change on the year, % Powerpack

Assets vs Liabilities $m

2023 2024 2025 Q'26
Cash 215 134 191 149
Receivables 6,877 5,947 3,615 2,491
Inventory — — — —
Other — — — —
7,092 6,081 3,806 2,640
2022 2023 2024 2025
Payables — — — —
ST’ Debt — — — —
Other — — — —
150 283 237 178

Compound Annual Growth %

10y 5y 3y
Sales — (7.25%) (13.20%)
Cash Flow — 0.00% 0.00%
Earnings — 0.00% 0.00%
Book Value — (9.19%) (14.56%)

Earnings Trends EPS, adjusted, against the consensus

Q3 FY26 Estimate −0.73 Actual −0.08

Earnings per share against the consensus, by quarter
Quarter Estimate Reported Result
Q4 FY25 −0.14 −0.71 Miss by 0.57
Q1 FY26 −0.40 −0.52 Miss by 0.12
Q2 FY26 −0.40 −0.63 Miss by 0.23
Q3 FY26 −0.73 −0.08 Beat by 0.65
Q4 FY26 −0.55 — Reports 17 February 2027

EPS $

Mar Jun Sep Dec Year
’26 (0.39) (1.81) (0.10) — —
’25 (0.56) (1.30) (0.07) (1.56) (3.49)
’24 (0.38) (0.09) (0.40) (0.72) (1.60)
’23 0.26 0.03 (0.50) 0.24 0.04
’22 0.21 0.45 0.30 (0.17) 0.79
’21 0.44 0.31 0.40 0.12 1.27
’20 0.38 0.40 0.38 — 1.55
Fiscal quarters ending in the months shown.

Revenue $m

Mar Jun Sep Dec Year
’26 30 30 33 — —
’25 43 52 46 47 188
’24 59 64 65 60 248
’23 69 81 81 76 307
’22 58 69 76 84 287
’21 61 64 67 71 263
’20 70 75 66 — 274
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Mar Jun Sep Dec Year
’26 (6) (12) 8 — —
’25 (36) (6) 9 2 (30)
’24 21 6 39 18 85
’23 20 22 42 27 111
’22 23 49 19 20 111
’21 33 58 54 69 214
’20 40 37 96 45 140
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Mar Jun Sep Dec Year
’26 (9) 32 27 — —
’25 (36) 20 20 23 27
’24 21 5 39 18 83
’23 19 15 48 27 109
’22 23 48 19 20 109
’21 21 58 54 69 202
’20 40 37 96 45 140
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

3.8
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to December

Ten-year view Analyst estimates Powerpack
Group Line 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 TTM Sep ’26 Trend 10 yrs 2026e 2027e 2028e Next 3/yr
Income, $m
Income, $m Revenue — — 167 250 274 263 287 307 248 188 139 +1.7% 109 99 116 (15.0%)
Gross margin, % — — 0.00 86.94 85.77 85.10 86.26 87.55 85.42 82.91 79.06 +82.9 pt
EBT — — 139 174 206 170 112 6 (221) (489) (543) n/m
EBT margin, % — — 83.10 69.73 75.14 64.87 39.05 1.97 (89.07) (260.38) (391.86) (343.5) pt
Net income — — 131 174 206 170 112 6 (221) (489) (543) n/m
Per share, $
Per share, $ Revenue — — 1.19 2.24 2.06 1.95 2.06 2.21 1.78 1.34 0.98 +1.8%
Earnings — — 0.93 1.56 1.55 1.28 0.79 0.04 (1.60) (3.49) (3.86) n/m
Cash flow — — 0.79 1.16 1.06 1.59 0.80 0.80 0.61 (0.22) (0.06) n/m
Capex — — 0.00 0.00 0.00 (0.09) (0.02) (0.02) (0.01) 0.41 0.58 n/m
Free cash flow — — 0.79 1.16 1.06 1.50 0.78 0.79 0.60 0.19 0.52 (18.2%)
Book value — — 13.15 0.00 18.66 19.36 17.63 16.59 14.42 10.93 8.67 (2.6%)
Shares, m — — 141 111 133 135 139 139 139 140 141 (0.1%)
Valuation, ×
Valuation, × P/E — — 11.06 11.06 11.06 12.88 18.87 448.21 0.00 0.00 0.00 64.1
P/S — — 8.79 8.79 8.79 8.40 7.23 6.22 2.53 2.28 1.75 6.6
P/B — — 0.94 0.94 0.94 0.85 0.85 0.83 0.31 0.28 0.20 0.7
EV/Sales — — 23.78 23.78 23.78 24.33 23.41 21.21 18.80 15.31 15.30 21.8
EV/FCF — — 34.52 34.52 34.52 31.62 61.85 59.61 56.16 105.34 28.84 52.3
Cash, $m
Cash, $m Operating cash flow — — 112 130 140 214 111 111 85 (30) (8) n/m
Capex — — — — — (11) (2) (2) (1) 58 82 n/m
Free cash flow — — 112 130 140 202 109 109 83 27 74 (18.2%)
Balance, $m
Balance, $m Working capital — — — — 6,248 6,626 7,559 6,809 5,844 3,629 2,640 (10.3%)
Net debt — — 1,694 3,546 3,000 4,185 4,645 4,593 4,041 2,447 1,878 +5.4%
Shareholders’ equity — — 1,853 — 2,481 2,604 2,456 2,300 2,008 1,532 1,225 (2.7%)
Returns, %
Returns, % ROA — — 2.52 8.71 3.74 2.37 1.43 0.07 (2.94) (8.37) (12.16) (10.9) pt
ROIC — — 0.00 3.07 2.42 1.42 1.39 1.37 0.86 0.14 (1.13) +0.1 pt
ROE — — 6.20 7.96 8.32 6.71 4.43 0.25 (10.27) (27.63) (36.53) (33.8) pt
People
People Employees — — — — — — — — — — — —
Revenue/emp, $m — — 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 — n/m
Negative figures in brackets.
estimates

All 10 years →

Fiscal years to Dec 2025 · latest quarter Sep 2026 · fundamentals updated 5 Nov 2026

Claros Mortgage Trust, Inc. vs peers in Reit Mortgage (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
KREF KKR Real Estate Finance Trust $329.7M — (loss-making) — (loss-making) −21.85% (below 0%: shrinking) n/m −194.41% (below 0%: shrinking) 100.00% (3.15%) Compare
ARI Apollo Commercial Real Estate Finance $309.8M 3.0× 10.2× −37.40% (below 0%: shrinking) −8.33% (below 0%: shrinking) −20.13% (below 0%: shrinking) 91.99% 16.46% Compare
ABR Arbor Realty Trust $305.7M — (loss-making) — (loss-making) −6.33% (below 0%: shrinking) n/m +22.05% (above 0%: growing) 14.29% (18.36%) Compare
NREF NexPoint Real Estate Finance, Inc. $256.2M 3.9× 10.9× +11.50% (above 0%: growing) −57.97% (below 0%: shrinking) −363.98% (below 0%: shrinking) 100.00% 25.54% Compare
CMTG Claros Mortgage Trust, Inc. $241.3M — (loss-making) — (loss-making) −29.16% (below 0%: shrinking) n/m +36.67% (above 0%: growing) 79.10% (44.62%)
REFI Chicago Atlantic Real Estate Finance, Inc. $229.1M 6.5× 6.7× −11.02% (below 0%: shrinking) −16.67% (below 0%: shrinking) +40.10% (above 0%: growing) 100.00% 59.97% Compare
ACRE Ares Commercial Real Estate Corporation $188.6M — (loss-making) 48.0× +14.25% (above 0%: growing) n/m +1,481.15% (above 0%: growing) 100.00% 37.52% Compare
RC Ready Capital Corp $176.8M — (loss-making) — (loss-making) −49.32% (below 0%: shrinking) n/m +231.22% (above 0%: growing) 100.00% 101.65% Compare
ACR ACRES Commercial Realty Corp. $176.4M — (loss-making) — (loss-making) −4.08% (below 0%: shrinking) n/m −57.74% (below 0%: shrinking) 92.55% (26.38%) Compare
Median of peers $242.6M 3.9× 10.6× −8.67% −16.67% +0.96% 100.00% 21.00%

All 37 Reit Mortgage stocks →

Pay and ownership Proxy statement filed 22 April 2026

Chief executive’s pay

Year Total pay Actually paid $100 invested
2025 757.25k (10.24k) 24.18
2024 2.56m (4.21m) 35.72
2023 3.35m 3.83m 100.41
2022 14.31m 12.09m 97.63
2021 0.00 0.00 98.68
Total pay is as the Summary Compensation Table states it; actually paid revalues the year’s share awards at its end, as the SEC’s pay-versus-performance rule asks. $100 invested is what $100 in the company’s shares at the start of the earliest year shown was worth at each year’s end. Read the proxy statement

Claros Mortgage Trust, Inc. (CMTG) Latest News

4 Nov

Impact 3 · · GuruFocus.com
Impact 3 · · MarketBeat transcript
Impact 3 · · The Motley Fool transcript
Impact 3 · · Moby

3 Nov

Impact 3 · · Business Wire

10 Oct

Impact 3 · · Simply Wall St.

31 Jul

Impact 3 · · MarketBeat transcript

30 Jul

Impact 3 · transcript

9 May

Impact 4 · · MarketBeat
Impact 3 ·
Impact 3 · transcript

6 May

Impact 4 · · Business Wire

4 May

Impact 4 · · Simply Wall St.

5 Apr

Impact 4 · · Simply Wall St.

5 Mar

Impact 3 · · Simply Wall St.

19 Feb

Impact 4 · · MarketBeat
Impact 4 · · The Motley Fool transcript
Impact 4 · · Moby
Impact 3 · · GuruFocus.com

18 Feb

Impact 4 · · Business Wire

10 Feb

Impact 3 · · Business Wire

2 Feb

Impact 4 · · Business Wire

6 Nov

Impact 3 · · GuruFocus.com

5 Nov

Impact 3 · · Business Wire

28 Oct

Impact 3 · · Simply Wall St.

15 Sep

Impact 4 · · Simply Wall St.

6 Aug

Impact 4 ·

4 Aug

Impact 4 · · Zacks

3 Jul

Impact 3 · · Zacks

19 May

Impact 3 · · Simply Wall St.
stockrow.com/CMTG · Data as of Nov 5, 2026 · For information only; not investment advice. · © 2026 stockrow.com