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Side-by-side financial comparison of Orion Properties Inc. (ONL) 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 $35.2M, roughly 1.9× Orion Properties Inc.). RMR GROUP INC. runs the higher net margin — 18.3% vs -101.7%, a 120.0% gap on every dollar of revenue. On growth, RMR GROUP INC. posted the faster year-over-year revenue change (40.8% vs -8.2%).

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.

ONL vs RMR — Head-to-Head

Bigger by revenue
RMR
RMR
1.9× larger
RMR
$66.7M
$35.2M
ONL
Growing faster (revenue YoY)
RMR
RMR
+49.0% gap
RMR
40.8%
-8.2%
ONL
Higher net margin
RMR
RMR
120.0% more per $
RMR
18.3%
-101.7%
ONL

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
ONL
ONL
RMR
RMR
Revenue
$35.2M
$66.7M
Net Profit
$-35.8M
$12.2M
Gross Margin
Operating Margin
-101.5%
48.1%
Net Margin
-101.7%
18.3%
Revenue YoY
-8.2%
40.8%
Net Profit YoY
-9.3%
91.1%
EPS (diluted)
$-0.63
$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
ONL
ONL
RMR
RMR
Q4 25
$35.2M
$66.7M
Q3 25
$37.1M
Q2 25
$37.3M
Q1 25
$38.0M
Q4 24
$38.4M
Q3 24
$39.2M
Q2 24
$40.1M
Q1 24
$47.2M
Net Profit
ONL
ONL
RMR
RMR
Q4 25
$-35.8M
$12.2M
Q3 25
$-69.0M
Q2 25
$-25.1M
Q1 25
$-9.4M
Q4 24
$-32.8M
Q3 24
$-10.2M
Q2 24
$-33.8M
Q1 24
$-26.2M
Operating Margin
ONL
ONL
RMR
RMR
Q4 25
-101.5%
48.1%
Q3 25
-185.8%
Q2 25
-67.1%
Q1 25
-24.4%
Q4 24
-85.4%
Q3 24
-25.9%
Q2 24
-84.1%
Q1 24
-55.4%
Net Margin
ONL
ONL
RMR
RMR
Q4 25
-101.7%
18.3%
Q3 25
-186.0%
Q2 25
-67.3%
Q1 25
-24.6%
Q4 24
-85.4%
Q3 24
-26.1%
Q2 24
-84.2%
Q1 24
-55.6%
EPS (diluted)
ONL
ONL
RMR
RMR
Q4 25
$-0.63
$0.71
Q3 25
$-1.23
Q2 25
$-0.45
Q1 25
$-0.17
Q4 24
$-0.59
Q3 24
$-0.18
Q2 24
$-0.60
Q1 24
$-0.47

Balance Sheet & Financial Strength

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

Metric
ONL
ONL
RMR
RMR
Cash + ST InvestmentsLiquidity on hand
$22.4M
$49.3M
Total DebtLower is stronger
$465.0M
Stockholders' EquityBook value
$623.2M
$232.7M
Total Assets
$1.2B
$687.1M
Debt / EquityLower = less leverage
0.75×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ONL
ONL
RMR
RMR
Q4 25
$22.4M
$49.3M
Q3 25
$32.6M
Q2 25
$17.4M
Q1 25
$9.4M
Q4 24
$15.6M
Q3 24
$16.6M
Q2 24
$24.2M
Q1 24
$23.6M
Total Debt
ONL
ONL
RMR
RMR
Q4 25
$465.0M
Q3 25
$483.0M
Q2 25
$483.0M
Q1 25
$505.0M
Q4 24
$492.0M
Q3 24
$485.0M
Q2 24
$462.0M
Q1 24
$471.0M
Stockholders' Equity
ONL
ONL
RMR
RMR
Q4 25
$623.2M
$232.7M
Q3 25
$658.8M
Q2 25
$728.0M
Q1 25
$753.5M
Q4 24
$763.9M
Q3 24
$800.9M
Q2 24
$816.1M
Q1 24
$854.6M
Total Assets
ONL
ONL
RMR
RMR
Q4 25
$1.2B
$687.1M
Q3 25
$1.2B
Q2 25
$1.3B
Q1 25
$1.3B
Q4 24
$1.3B
Q3 24
$1.4B
Q2 24
$1.3B
Q1 24
$1.4B
Debt / Equity
ONL
ONL
RMR
RMR
Q4 25
0.75×
Q3 25
0.73×
Q2 25
0.66×
Q1 25
0.67×
Q4 24
0.64×
Q3 24
0.61×
Q2 24
0.57×
Q1 24
0.55×

Cash Flow & Capital Efficiency

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

Metric
ONL
ONL
RMR
RMR
Operating Cash FlowLast quarter
$23.6M
$10.7M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
0.88×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ONL
ONL
RMR
RMR
Q4 25
$23.6M
$10.7M
Q3 25
$5.7M
Q2 25
$11.6M
Q1 25
$-2.2M
Q4 24
$54.3M
Q3 24
$13.8M
Q2 24
$17.0M
Q1 24
$11.0M
Cash Conversion
ONL
ONL
RMR
RMR
Q4 25
0.88×
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24

Financial Flow Comparison

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

Revenue Breakdown by Segment

ONL
ONL

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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