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Side-by-side financial comparison of ARROW FINANCIAL CORP (AROW) and RMR GROUP INC. (RMR). Click either name above to swap in a different company.

RMR GROUP INC. is the larger business by last-quarter revenue ($66.7M vs $35.0M, roughly 1.9× ARROW FINANCIAL CORP). ARROW FINANCIAL CORP runs the higher net margin — 24.6% vs 18.3%, a 6.3% gap on every dollar of revenue. On growth, RMR GROUP INC. posted the faster year-over-year revenue change (40.8% vs 7.1%).

Flagstar Bank, N.A. (FLG), is an American regional financial services holding company headquartered in Hicksville, New York. In 2023, the bank operated 395 branches However, they rebranded all of these under the Flagstar name on February 21, 2024.

RMR Group Inc. is a U.S.-headquartered alternative asset management firm specializing in real estate and real estate-related investments. It operates across commercial property, residential real estate, and infrastructure segments, serving institutional investors, high-net-worth individuals, and retail clients across key global markets.

AROW vs RMR — Head-to-Head

Bigger by revenue
RMR
RMR
1.9× larger
RMR
$66.7M
$35.0M
AROW
Growing faster (revenue YoY)
RMR
RMR
+33.6% gap
RMR
40.8%
7.1%
AROW
Higher net margin
AROW
AROW
6.3% more per $
AROW
24.6%
18.3%
RMR

Income Statement — Q2 FY2024 vs Q1 FY2026

Metric
AROW
AROW
RMR
RMR
Revenue
$35.0M
$66.7M
Net Profit
$8.6M
$12.2M
Gross Margin
Operating Margin
48.1%
Net Margin
24.6%
18.3%
Revenue YoY
7.1%
40.8%
Net Profit YoY
42.3%
91.1%
EPS (diluted)
$0.52
$0.71

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
AROW
AROW
RMR
RMR
Q4 25
$66.7M
Q2 24
$35.0M
Q1 24
$34.3M
Q4 23
$25.6M
Q3 23
$25.4M
Q2 23
$25.8M
Q1 23
$28.1M
Q4 22
$30.6M
Net Profit
AROW
AROW
RMR
RMR
Q4 25
$12.2M
Q2 24
$8.6M
Q1 24
$7.7M
Q4 23
$7.7M
Q3 23
$7.7M
Q2 23
$6.0M
Q1 23
$8.6M
Q4 22
$12.1M
Operating Margin
AROW
AROW
RMR
RMR
Q4 25
48.1%
Q2 24
Q1 24
Q4 23
Q3 23
Q2 23
Q1 23
Q4 22
Net Margin
AROW
AROW
RMR
RMR
Q4 25
18.3%
Q2 24
24.6%
Q1 24
22.3%
Q4 23
30.2%
Q3 23
30.5%
Q2 23
23.5%
Q1 23
30.5%
Q4 22
39.5%
EPS (diluted)
AROW
AROW
RMR
RMR
Q4 25
$0.71
Q2 24
$0.52
Q1 24
$0.45
Q4 23
$0.46
Q3 23
$0.46
Q2 23
$0.35
Q1 23
$0.50
Q4 22
$0.66

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
AROW
AROW
RMR
RMR
Cash + ST InvestmentsLiquidity on hand
$49.3M
Total DebtLower is stronger
Stockholders' EquityBook value
$383.0M
$232.7M
Total Assets
$4.2B
$687.1M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AROW
AROW
RMR
RMR
Q4 25
$49.3M
Q2 24
Q1 24
Q4 23
Q3 23
Q2 23
Q1 23
Q4 22
Total Debt
AROW
AROW
RMR
RMR
Q4 25
Q2 24
Q1 24
Q4 23
$6.5M
Q3 23
Q2 23
Q1 23
Q4 22
$27.8M
Stockholders' Equity
AROW
AROW
RMR
RMR
Q4 25
$232.7M
Q2 24
$383.0M
Q1 24
$378.0M
Q4 23
$379.8M
Q3 23
$360.0M
Q2 23
$361.4M
Q1 23
$363.4M
Q4 22
$353.5M
Total Assets
AROW
AROW
RMR
RMR
Q4 25
$687.1M
Q2 24
$4.2B
Q1 24
$4.3B
Q4 23
$4.2B
Q3 23
$4.3B
Q2 23
$4.1B
Q1 23
$4.1B
Q4 22
$4.0B
Debt / Equity
AROW
AROW
RMR
RMR
Q4 25
Q2 24
Q1 24
Q4 23
0.02×
Q3 23
Q2 23
Q1 23
Q4 22
0.08×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
AROW
AROW
RMR
RMR
Operating Cash FlowLast quarter
$9.1M
$10.7M
Free Cash FlowOCF − Capex
$7.5M
FCF MarginFCF / Revenue
21.5%
Capex IntensityCapex / Revenue
4.5%
Cash ConversionOCF / Net Profit
1.06×
0.88×
TTM Free Cash FlowTrailing 4 quarters
$9.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AROW
AROW
RMR
RMR
Q4 25
$10.7M
Q2 24
$9.1M
Q1 24
$10.3M
Q4 23
$-16.3M
Q3 23
$11.2M
Q2 23
$12.5M
Q1 23
$13.2M
Q4 22
$11.5M
Free Cash Flow
AROW
AROW
RMR
RMR
Q4 25
Q2 24
$7.5M
Q1 24
$9.2M
Q4 23
$-16.9M
Q3 23
$9.8M
Q2 23
$10.1M
Q1 23
$10.6M
Q4 22
$8.2M
FCF Margin
AROW
AROW
RMR
RMR
Q4 25
Q2 24
21.5%
Q1 24
26.8%
Q4 23
-66.1%
Q3 23
38.6%
Q2 23
39.0%
Q1 23
37.7%
Q4 22
26.7%
Capex Intensity
AROW
AROW
RMR
RMR
Q4 25
Q2 24
4.5%
Q1 24
3.4%
Q4 23
2.4%
Q3 23
5.6%
Q2 23
9.4%
Q1 23
9.4%
Q4 22
10.9%
Cash Conversion
AROW
AROW
RMR
RMR
Q4 25
0.88×
Q2 24
1.06×
Q1 24
1.35×
Q4 23
-2.11×
Q3 23
1.45×
Q2 23
2.06×
Q1 23
1.54×
Q4 22
0.95×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

AROW
AROW

Segment breakdown not available.

RMR
RMR

Management Service Incentive$23.6M35%
Industrial Logistics Properties Trust$15.1M23%
Managed Private Real Estate Capital$11.1M17%
Office Properties Income Trust$5.6M8%
Other Private Entities$5.3M8%
RMR Residential$3.4M5%
Sonesta International Hotels Corporation$2.1M3%
Investment Advisory Management And Administrative Service$1.2M2%

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