vs
Side-by-side financial comparison of Bluerock Homes Trust, Inc. (BHM) and Claros Mortgage Trust, Inc. (CMTG). Click either name above to swap in a different company.
Claros Mortgage Trust, Inc. is the larger business by last-quarter revenue ($46.7M vs $18.9M, roughly 2.5× Bluerock Homes Trust, Inc.). Bluerock Homes Trust, Inc. runs the higher net margin — -50.1% vs -468.9%, a 418.8% gap on every dollar of revenue. On growth, Bluerock Homes Trust, Inc. posted the faster year-over-year revenue change (36.9% vs -22.4%). Over the past eight quarters, Bluerock Homes Trust, Inc.'s revenue compounded faster (30.1% CAGR vs -10.9%).
Bluerock Homes Trust, Inc. is a U.S.-headquartered real estate investment trust that acquires, owns and operates a portfolio of high-quality single-family rental residential properties. It caters to middle-market renters across high-growth suburban markets, prioritizing regions with strong demographic fundamentals and sustained rental housing demand.
Claros Mortgage Trust, Inc. is a U.S.-based real estate investment trust that invests in diversified mortgage-related assets, including residential and commercial mortgage loans and mortgage-backed securities. It pursues stable, risk-adjusted long-term returns for shareholders via rigorous asset evaluation and active portfolio management.
BHM vs CMTG — Head-to-Head
Income Statement — Q4 2025 vs Q4 2025
| Metric | | |
|---|---|---|
| Revenue | $18.9M | $46.7M |
| Net Profit | $-9.5M | $-219.2M |
| Gross Margin | — | — |
| Operating Margin | -48.8% | — |
| Net Margin | -50.1% | -468.9% |
| Revenue YoY | 36.9% | -22.4% |
| Net Profit YoY | -29.9% | -117.7% |
| EPS (diluted) | $-0.75 | $-1.56 |
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.
| Q4 25 | $18.9M | $46.7M | ||
| Q3 25 | $16.6M | $46.1M | ||
| Q2 25 | $16.8M | $51.6M | ||
| Q1 25 | $16.4M | $43.4M | ||
| Q4 24 | $13.8M | $60.2M | ||
| Q3 24 | $12.7M | $64.9M | ||
| Q2 24 | $12.5M | $64.5M | ||
| Q1 24 | $11.2M | $58.8M |
| Q4 25 | $-9.5M | $-219.2M | ||
| Q3 25 | $-10.0M | $-9.5M | ||
| Q2 25 | $-5.8M | $-181.7M | ||
| Q1 25 | $-7.3M | $-78.6M | ||
| Q4 24 | $-7.3M | $-100.7M | ||
| Q3 24 | $3.5M | $-56.2M | ||
| Q2 24 | $-5.2M | $-11.6M | ||
| Q1 24 | $-3.2M | $-52.8M |
| Q4 25 | -48.8% | — | ||
| Q3 25 | -57.6% | — | ||
| Q2 25 | -30.9% | — | ||
| Q1 25 | -42.6% | — | ||
| Q4 24 | -52.8% | — | ||
| Q3 24 | 27.9% | — | ||
| Q2 24 | -41.3% | — | ||
| Q1 24 | -28.4% | — |
| Q4 25 | -50.1% | -468.9% | ||
| Q3 25 | -60.0% | -20.7% | ||
| Q2 25 | -34.7% | -351.9% | ||
| Q1 25 | -44.7% | -181.3% | ||
| Q4 24 | -52.8% | -167.2% | ||
| Q3 24 | 27.9% | -86.7% | ||
| Q2 24 | -41.3% | -17.9% | ||
| Q1 24 | -28.4% | -89.7% |
| Q4 25 | $-0.75 | $-1.56 | ||
| Q3 25 | $-0.94 | $-0.07 | ||
| Q2 25 | $-0.66 | $-1.30 | ||
| Q1 25 | $-0.67 | $-0.56 | ||
| Q4 24 | $-0.65 | $-0.72 | ||
| Q3 24 | $0.24 | $-0.40 | ||
| Q2 24 | $-0.42 | $-0.09 | ||
| Q1 24 | $-0.27 | $-0.39 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $169.6M | $173.2M |
| Total DebtLower is stronger | $428.4M | $3.2B |
| Stockholders' EquityBook value | $128.7M | $1.5B |
| Total Assets | $1.2B | $4.7B |
| Debt / EquityLower = less leverage | 3.33× | 2.06× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $169.6M | $173.2M | ||
| Q3 25 | $2.1M | $339.5M | ||
| Q2 25 | $4.2M | $209.2M | ||
| Q1 25 | $3.0M | $127.8M | ||
| Q4 24 | $115.2M | $99.1M | ||
| Q3 24 | $155.1M | $113.9M | ||
| Q2 24 | $116.0M | $148.2M | ||
| Q1 24 | $92.3M | $232.5M |
| Q4 25 | $428.4M | $3.2B | ||
| Q3 25 | $415.9M | $3.7B | ||
| Q2 25 | $338.6M | $4.0B | ||
| Q1 25 | $336.5M | $4.7B | ||
| Q4 24 | $373.8M | $4.9B | ||
| Q3 24 | $122.5M | $5.1B | ||
| Q2 24 | $119.7M | $5.3B | ||
| Q1 24 | $120.2M | $5.5B |
| Q4 25 | $128.7M | $1.5B | ||
| Q3 25 | $131.7M | $1.7B | ||
| Q2 25 | $135.3M | $1.8B | ||
| Q1 25 | $137.1M | $1.9B | ||
| Q4 24 | $139.1M | $2.0B | ||
| Q3 24 | $142.9M | $2.1B | ||
| Q2 24 | $142.5M | $2.2B | ||
| Q1 24 | $144.5M | $2.2B |
| Q4 25 | $1.2B | $4.7B | ||
| Q3 25 | $222.1M | $5.4B | ||
| Q2 25 | $220.3M | $5.8B | ||
| Q1 25 | $186.2M | $6.7B | ||
| Q4 24 | $967.0M | $7.0B | ||
| Q3 24 | $800.8M | $7.3B | ||
| Q2 24 | $756.2M | $7.6B | ||
| Q1 24 | $727.4M | $7.8B |
| Q4 25 | 3.33× | 2.06× | ||
| Q3 25 | 3.16× | 2.09× | ||
| Q2 25 | 2.50× | 2.29× | ||
| Q1 25 | 2.45× | 2.42× | ||
| Q4 24 | 2.69× | 2.44× | ||
| Q3 24 | 0.86× | 2.44× | ||
| Q2 24 | 0.84× | 2.46× | ||
| Q1 24 | 0.83× | 2.47× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $-491.0K | $2.4M |
| Free Cash FlowOCF − Capex | $-4.2M | — |
| FCF MarginFCF / Revenue | -22.1% | — |
| Capex IntensityCapex / Revenue | 19.6% | — |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $10.4M | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-491.0K | $2.4M | ||
| Q3 25 | $13.4M | $8.8M | ||
| Q2 25 | $13.9M | $-5.8M | ||
| Q1 25 | $951.0K | $-35.8M | ||
| Q4 24 | $5.0M | $18.3M | ||
| Q3 24 | $1.7M | $39.2M | ||
| Q2 24 | $1.3M | $5.5M | ||
| Q1 24 | $1.1M | $21.5M |
| Q4 25 | $-4.2M | — | ||
| Q3 25 | $8.7M | — | ||
| Q2 25 | $8.8M | — | ||
| Q1 25 | $-2.9M | — | ||
| Q4 24 | $1.6M | — | ||
| Q3 24 | $-601.0K | — | ||
| Q2 24 | $-654.0K | — | ||
| Q1 24 | $-630.0K | — |
| Q4 25 | -22.1% | — | ||
| Q3 25 | 52.4% | — | ||
| Q2 25 | 52.2% | — | ||
| Q1 25 | -17.6% | — | ||
| Q4 24 | 11.8% | — | ||
| Q3 24 | -4.7% | — | ||
| Q2 24 | -5.2% | — | ||
| Q1 24 | -5.6% | — |
| Q4 25 | 19.6% | — | ||
| Q3 25 | 28.5% | — | ||
| Q2 25 | 30.3% | — | ||
| Q1 25 | 23.4% | — | ||
| Q4 24 | 24.4% | — | ||
| Q3 24 | 18.0% | — | ||
| Q2 24 | 15.3% | — | ||
| Q1 24 | 15.5% | — |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 0.47× | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
BHM
| Residential Communities Segment | $11.4M | 61% |
| Scattered Single Family Homes Segment | $7.5M | 39% |
CMTG
| Real Estate Owned Portfolio | $34.2M | 73% |
| Other | $11.1M | 24% |
| Mixed Use Property Fixed Rents | $1.4M | 3% |
