The RMR Group Inc.

RMR Real Estate Real Estate Services

The RMR Group Inc.’s revenue for fiscal 2025 (year ended September 2025) was $700.3 million, down 22.0% from fiscal 2024. In the quarter to June 2026, revenue was flat, EPS fell 28.0%, free cash flow grew 12,868.6% and total debt fell 39.1%, each against the same quarter a year earlier. Dividend growth for three consecutive years.

18.30 0.40 −2.14%
Market cap
$599.9M
P/E
16.1×
Fwd P/E
20.1×
Dividend yield
9.84%
F-score
4/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a

Insider Decisions trades per month

Dec 25 Mar 26 Jun 26 Sep 26
Buy — — — — — — — — — — — —
Sell — — — — — — — — — — — —
Insider Ownership 8.40%

Capital & Financial Ratios $m

Market Cap 599.90
Revenue 638.98
Net Income 43.87
Free Cash Flow (51.85)
Net Debt (33.20)
Current Ratio 0.24
Debt/Equity 0.06
P/E ratio 16.05
Fwd P/E 20.10
P/S ratio 0.48
P/B ratio 0.77
Past 5Y EPS Growth (9.54%) (below 0%: weak)
This Y EPS Growth (44.25%) (below 0%: weak)
Next Y EPS Growth 15.87% (at or above 15%: strong)
Next Y revenue growth (9.51%) (below 0%: weak)
Next 5Y EPS Growth (1.00%) (below 0%: weak)

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

P/E against its own 10 years 68.04%
10-year low 10-year high
P/S against its own 10 years 29.45%
10-year low 10-year high
P/B against its own 10 years 12.83%
10-year low 10-year high
EV/Sales against its own 10 years 47.40%
10-year low 10-year high

Dividends

Payout Ratio 1.58
Annual Dividend Rate 1.80
Annual Dividend Yield 9.84%
total individual payouts
2028 Powerpack
2027 Powerpack
2026 1.80
0.45
0.45
0.45
2025 1.80
0.45
0.45
0.45
0.45
2024 1.75
0.40
0.45
0.45
0.45
2023 1.60
0.40
0.40
0.40
0.40
2022 1.58
0.38
0.40
0.40
0.40
2021 1.52
0.38
0.38
0.38
7.00
0.38
2020 1.52
0.38
0.38
0.38
0.38
2019 1.43
0.35
0.35
0.35
0.38
2018 1.10
0.25
0.25
0.25
0.35
2017 1.00
0.25
0.25
0.25
0.25
2016 0.80
0.30
0.25
0.25
predictions special payouts not included in total or ratios

Assets vs Liabilities $m

2023 2024 2025 Q'26
Cash 268 142 62 58
Receivables — — — —
Inventory — — — —
Other — — — —
268 142 62 58
2023 2024 2025 Q'26
Payables 23 32 39 55
ST’ Debt 5 — 26 —
Other — — — —
101 167 245 243

Compound Annual Growth %

10y 5y 3y
Sales 13.76% 3.50% (5.60%)
Cash Flow (2.94%) (0.46%) (9.23%)
Earnings 8.94% (9.66%) (20.07%)
Book Value 6.53% (5.76%) 2.83%

Revenue $m

Dec Mar Jun Sep Year
’26 180 146 154 — —
’25 219 167 155 159 700
’24 262 218 206 212 898
’23 251 208 280 223 962
’22 182 198 211 242 833
’21 157 132 145 173 607
’20 160 141 139 150 590
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Dec Mar Jun Sep Year
’26 11 49 23 — —
’25 25 13 22 16 76
’24 30 5 32 (6) 61
’23 28 14 72 (4) 109
’22 35 15 40 11 101
’21 28 8 36 (1) 72
’20 42 7 30 (1) 77
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Dec Mar Jun Sep Year
’26 10 46 22 — —
’25 24 17 0 (130) (90)
’24 29 4 31 (77) (13)
’23 27 13 70 (5) 105
’22 35 15 39 11 100
’21 27 8 36 (1) 71
’20 42 7 30 (1) 77
Fiscal quarters ending in the months shown.

EPS $

Dec Mar Jun Sep Year
’26 0.71 0.05 0.18 — —
’25 0.38 0.22 0.25 0.20 1.06
’24 0.41 0.34 0.29 0.32 1.36
’23 0.37 1.11 1.48 0.46 3.44
’22 0.49 0.39 0.46 0.73 2.04
’21 0.51 0.30 0.50 0.82 2.15
’20 0.58 0.39 0.41 0.38 1.75
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

1.7
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to September

Group Line 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 Trend 2026e 2027e 2028e
Price, $
Price, $ Low 14.00 39.10 51.80 41.69 21.79 31.82 23.00 20.79 20.25 13.48

Analyst estimates 2026–2028

Powerpack
High 44.85 62.25 98.00 77.83 47.28 47.12 36.45 31.55 28.82 20.80
People
People Employees 52,450 53,475 52,600 50,600 43,100 37,600 38,600 600 1,000 900
Revenue/emp, $m 0.01 0.01 0.01 0.01 0.01 0.02 0.02 1.60 0.90 0.78
Income, $m
Income, $m Revenue 267 272 405 713 590 607 833 962 898 700
Gross margin, % 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 99.95 99.60
EBT 147 137 276 196 78 94 91 150 64 46
EBT margin, % 55.04 50.39 68.22 27.53 13.21 15.51 10.89 15.54 7.18 6.62
Net income 122 109 217 169 66 81 77 128 53 39
Depreciation 12 12 11 11 11 10 10 10 14 21
Per share, $
Per share, $ Revenue 16.68 16.95 25.19 44.22 36.40 37.33 50.96 58.58 54.30 42.07
Earnings 2.33 2.63 5.94 4.59 1.77 2.18 2.06 3.44 1.36 1.06
Cash flow 6.23 7.86 14.21 12.29 4.79 4.41 6.20 6.65 3.71 4.55
Capex (0.07) (0.05) (0.04) (0.04) (0.04) (0.07) (0.07) (0.24) (4.50) (9.94)
Free cash flow 6.16 7.80 14.17 12.24 4.75 4.34 6.13 6.41 (0.79) (5.39)
Book value 15.39 18.07 27.04 32.79 33.40 21.38 22.63 25.79 25.37 24.15
Shares, m 16 16 16 16 16 16 16 16 17 17
Valuation, ×
Valuation, × P/E 16.28 20.04 15.56 9.91 15.52 15.41 11.44 6.99 18.39 14.98
P/S 2.27 3.11 3.68 1.03 0.75 0.90 0.46 0.41 0.47 0.37
P/B 2.46 2.92 3.42 1.39 0.82 1.56 1.05 0.93 1.00 0.65
EV/Sales 2.03 2.71 3.04 0.53 0.19 0.69 0.27 0.16 0.36 0.35
EV/FCF 5.49 5.88 5.41 1.90 1.45 5.92 2.28 1.48 (24.94) (2.72)
Cash, $m
Cash, $m Operating cash flow 100 126 228 198 77 72 101 109 61 76
Capex (1) (1) (1) (1) (1) (1) (1) (4) (74) (165)
Free cash flow 99 125 228 198 77 71 100 105 (13) (90)
Balance, $m
Balance, $m Working capital 45 82 229 267 292 84 85 167 (26) (182)
Total debt — — — — 36 34 30 30 41 45
Net debt (66) (109) (257) (358) (333) (126) (159) (238) (100) (18)
Shareholders’ equity 246 290 435 529 541 348 370 424 419 402
Returns, %
Returns, % ROA 11.61 11.73 21.63 12.80 4.23 6.01 6.47 10.05 3.56 2.42
ROIC 50.78 46.80 88.57 72.47 20.69 20.30 26.18 38.26 8.81 6.80
ROE 16.19 15.78 26.52 15.48 5.34 8.03 9.39 14.24 5.41 4.19
Negative figures in brackets.

All 10 years →

Fiscal years to Sep 2025 · latest quarter Jun 2026

Charts ten years each

The RMR Group Inc. vs peers in Real Estate Services (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
IRS IRSA Inversiones Y Representaciones S.A. $1.2B 3.7× — +6.47% (above 0%: growing) n/m −60.83% (below 0%: shrinking) 63.23% (78.13%) Compare
HBNB Hotel101 Global Holdings Corp. $1.1B — — — — — — — Compare
MMI Marcus & Millichap, Inc. $1.1B 76.6× 83.6× +17.78% (above 0%: growing) n/m +10.09% (above 0%: growing) 37.58% 1.09% Compare
AGNT AGNT, Inc. $653.4M — (loss-making) 95.0× +10.75% (above 0%: growing) n/m +12.82% (above 0%: growing) 6.82% 0.11% Compare
RMR The RMR Group Inc. $599.9M 16.1× 20.1× −0.78% (below 0%: shrinking) −28.00% (below 0%: shrinking) +12,868.60% (above 0%: growing) 98.88% (6.04%)
REAX Real REMAX Group Inc. $584.7M — (loss-making) — (loss-making) +29.56% (above 0%: growing) n/m +15.60% (above 0%: growing) 8.32% (1.00%) Compare
TCI Transcontinental Realty Investors, Inc. $432.2M 51.5× 0.8× +5.81% (above 0%: growing) n/m +70.80% (above 0%: growing) 36.45% (18.22%) Compare
FRPH FRP Holdings, Inc. $367.5M — (loss-making) 112× +2.15% (above 0%: growing) n/m +34.61% (above 0%: growing) 13.16% 13.16% Compare
MLP Maui Land & Pineapple Company, Inc. $292.7M — (loss-making) 9.2× −19.64% (below 0%: shrinking) n/m −9.85% (below 0%: shrinking) 31.91% (48.57%) Compare
Median of peers $619.0M 51.5× 83.6× +6.47% — +12.82% 31.91% (1.00%)

All 46 Real Estate Services stocks →

The RMR Group Inc. (RMR) key facts

  • Concern: The RMR Group Inc.’s revenue for fiscal 2025 (year ended September 2025) was $700.3 million, down 22.0% from fiscal 2024.
  • Concern: Net income was $38.7 million, or $1.06 per share (basic), a net margin of 2.46%.
  • The RMR Group Inc. (RMR) is a Real Estate Services company in the Real Estate sector, listed on Nasdaq.
  • As of October 16, 2026, RMR traded at $18.30, a market capitalization of $599.9 million.
  • At that price the stock trades at 16.1× trailing-twelve-month earnings and 0.5× sales; its P/E is higher than 68% of its own readings over the past ten years.
  • The RMR Group Inc. pays an annual dividend of $1.80 per share, a yield of 9.84%, with a payout ratio of 157.9%.
  • Return on equity was 4.19% and debt-to-equity 0.06.
  • Its Piotroski F-score is 4 out of 9 for fiscal 2025.

Source: company filings (standardised) and stockrow calculations.

The RMR Group Inc. (RMR) Latest News

13 Aug

Impact 4 · transcript

7 Aug

Impact 3 · transcript

8 May

7 May

6 Feb

Impact 3 · transcript
stockrow.com/RMR · Data as of Jun 30, 2026 · For information only; not investment advice. · © 2026 stockrow.com