vs
Side-by-side financial comparison of Claros Mortgage Trust, Inc. (CMTG) and READING INTERNATIONAL INC (RDI). Click either name above to swap in a different company.
READING INTERNATIONAL INC is the larger business by last-quarter revenue ($50.3M vs $46.7M, roughly 1.1× Claros Mortgage Trust, Inc.). READING INTERNATIONAL INC runs the higher net margin — -5.1% vs -468.9%, a 463.8% gap on every dollar of revenue. On growth, READING INTERNATIONAL INC posted the faster year-over-year revenue change (-14.2% vs -22.4%). Over the past eight quarters, READING INTERNATIONAL INC's revenue compounded faster (5.6% CAGR vs -10.9%).
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.
The Reading Company was a Philadelphia-headquartered railroad that provided passenger and freight transport in eastern Pennsylvania and neighboring states from 1924 until its acquisition by Conrail in 1976.
CMTG vs RDI — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $46.7M | $50.3M |
| Net Profit | $-219.2M | $-2.6M |
| Gross Margin | — | — |
| Operating Margin | — | -1.9% |
| Net Margin | -468.9% | -5.1% |
| Revenue YoY | -22.4% | -14.2% |
| Net Profit YoY | -117.7% | -14.5% |
| EPS (diluted) | $-1.56 | $-0.11 |
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 | $46.7M | $50.3M | ||
| Q3 25 | $46.1M | $52.2M | ||
| Q2 25 | $51.6M | $60.4M | ||
| Q1 25 | $43.4M | $40.2M | ||
| Q4 24 | $60.2M | $58.6M | ||
| Q3 24 | $64.9M | $60.1M | ||
| Q2 24 | $64.5M | $46.8M | ||
| Q1 24 | $58.8M | $45.1M |
| Q4 25 | $-219.2M | $-2.6M | ||
| Q3 25 | $-9.5M | $-4.2M | ||
| Q2 25 | $-181.7M | $-2.7M | ||
| Q1 25 | $-78.6M | $-4.8M | ||
| Q4 24 | $-100.7M | $-2.2M | ||
| Q3 24 | $-56.2M | $-7.0M | ||
| Q2 24 | $-11.6M | $-12.8M | ||
| Q1 24 | $-52.8M | $-13.2M |
| Q4 25 | — | -1.9% | ||
| Q3 25 | — | -0.6% | ||
| Q2 25 | — | 4.8% | ||
| Q1 25 | — | -17.2% | ||
| Q4 24 | — | 2.6% | ||
| Q3 24 | — | -0.6% | ||
| Q2 24 | — | -16.4% | ||
| Q1 24 | — | -16.7% |
| Q4 25 | -468.9% | -5.1% | ||
| Q3 25 | -20.7% | -8.0% | ||
| Q2 25 | -351.9% | -4.4% | ||
| Q1 25 | -181.3% | -11.8% | ||
| Q4 24 | -167.2% | -3.8% | ||
| Q3 24 | -86.7% | -11.7% | ||
| Q2 24 | -17.9% | -27.4% | ||
| Q1 24 | -89.7% | -29.4% |
| Q4 25 | $-1.56 | $-0.11 | ||
| Q3 25 | $-0.07 | $-0.18 | ||
| Q2 25 | $-1.30 | $-0.12 | ||
| Q1 25 | $-0.56 | $-0.21 | ||
| Q4 24 | $-0.72 | $-0.11 | ||
| Q3 24 | $-0.40 | $-0.31 | ||
| Q2 24 | $-0.09 | $-0.57 | ||
| Q1 24 | $-0.39 | $-0.59 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $173.2M | $10.5M |
| Total DebtLower is stronger | $3.2B | $185.1M |
| Stockholders' EquityBook value | $1.5B | $-18.2M |
| Total Assets | $4.7B | $434.9M |
| Debt / EquityLower = less leverage | 2.06× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $173.2M | $10.5M | ||
| Q3 25 | $339.5M | $8.1M | ||
| Q2 25 | $209.2M | $9.1M | ||
| Q1 25 | $127.8M | $5.9M | ||
| Q4 24 | $99.1M | $12.4M | ||
| Q3 24 | $113.9M | $10.1M | ||
| Q2 24 | $148.2M | $9.3M | ||
| Q1 24 | $232.5M | $7.5M |
| Q4 25 | $3.2B | $185.1M | ||
| Q3 25 | $3.7B | — | ||
| Q2 25 | $4.0B | — | ||
| Q1 25 | $4.7B | — | ||
| Q4 24 | $4.9B | $202.7M | ||
| Q3 24 | $5.1B | — | ||
| Q2 24 | $5.3B | — | ||
| Q1 24 | $5.5B | — |
| Q4 25 | $1.5B | $-18.2M | ||
| Q3 25 | $1.7B | $-12.1M | ||
| Q2 25 | $1.8B | $-7.7M | ||
| Q1 25 | $1.9B | $-8.1M | ||
| Q4 24 | $2.0B | $-4.4M | ||
| Q3 24 | $2.1B | $1.6M | ||
| Q2 24 | $2.2B | $6.5M | ||
| Q1 24 | $2.2B | $18.0M |
| Q4 25 | $4.7B | $434.9M | ||
| Q3 25 | $5.4B | $435.2M | ||
| Q2 25 | $5.8B | $438.1M | ||
| Q1 25 | $6.7B | $441.0M | ||
| Q4 24 | $7.0B | $471.0M | ||
| Q3 24 | $7.3B | $495.7M | ||
| Q2 24 | $7.6B | $494.9M | ||
| Q1 24 | $7.8B | $494.9M |
| Q4 25 | 2.06× | — | ||
| Q3 25 | 2.09× | — | ||
| Q2 25 | 2.29× | — | ||
| Q1 25 | 2.42× | — | ||
| Q4 24 | 2.44× | — | ||
| Q3 24 | 2.44× | — | ||
| Q2 24 | 2.46× | — | ||
| Q1 24 | 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 | $-30.5M | $4.3M |
| Free Cash FlowOCF − Capex | — | $4.1M |
| FCF MarginFCF / Revenue | — | 8.2% |
| Capex IntensityCapex / Revenue | — | 0.3% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $-2.9M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-30.5M | $4.3M | ||
| Q3 25 | $8.8M | $295.0K | ||
| Q2 25 | $-5.8M | $1.6M | ||
| Q1 25 | $-35.8M | $-7.7M | ||
| Q4 24 | $84.5M | $8.0M | ||
| Q3 24 | $39.2M | $1.3M | ||
| Q2 24 | $5.5M | $-10.4M | ||
| Q1 24 | $21.5M | $-2.8M |
| Q4 25 | — | $4.1M | ||
| Q3 25 | — | $-246.0K | ||
| Q2 25 | — | $1.2M | ||
| Q1 25 | — | $-8.0M | ||
| Q4 24 | — | $7.0M | ||
| Q3 24 | — | $-1.1M | ||
| Q2 24 | — | $-10.6M | ||
| Q1 24 | — | $-4.7M |
| Q4 25 | — | 8.2% | ||
| Q3 25 | — | -0.5% | ||
| Q2 25 | — | 1.9% | ||
| Q1 25 | — | -19.8% | ||
| Q4 24 | — | 12.0% | ||
| Q3 24 | — | -1.8% | ||
| Q2 24 | — | -22.7% | ||
| Q1 24 | — | -10.4% |
| Q4 25 | — | 0.3% | ||
| Q3 25 | — | 1.0% | ||
| Q2 25 | — | 0.6% | ||
| Q1 25 | — | 0.6% | ||
| Q4 24 | — | 1.7% | ||
| Q3 24 | — | 4.0% | ||
| Q2 24 | — | 0.5% | ||
| Q1 24 | — | 4.3% |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
CMTG
| Real Estate Owned Portfolio | $34.2M | 73% |
| Other | $11.1M | 24% |
| Mixed Use Property Fixed Rents | $1.4M | 3% |
RDI
| Cinema Exhibition Segment | $46.9M | 93% |
| Real Estate Revenue | $3.4M | 7% |
