vs

Side-by-side financial comparison of RMR GROUP INC. (RMR) and SBC Medical Group Holdings Inc (SBC). Click either name above to swap in a different company.

RMR GROUP INC. is the larger business by last-quarter revenue ($66.7M vs $39.6M, roughly 1.7× SBC Medical Group Holdings Inc). SBC Medical Group Holdings Inc runs the higher net margin — 35.9% vs 18.3%, a 17.6% gap on every dollar of revenue. On growth, RMR GROUP INC. posted the faster year-over-year revenue change (40.8% vs -10.9%).

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.

SBC Medical Group Holdings Inc. is a leading Japan-headquartered healthcare provider primarily focused on aesthetic medicine, dermatology, and anti-aging wellness services. It operates an extensive network of clinics across Japan, catering to both domestic patients and international medical tourists, with core offerings including cosmetic surgery and non-invasive skincare treatments.

RMR vs SBC — Head-to-Head

Bigger by revenue
RMR
RMR
1.7× larger
RMR
$66.7M
$39.6M
SBC
Growing faster (revenue YoY)
RMR
RMR
+51.7% gap
RMR
40.8%
-10.9%
SBC
Higher net margin
SBC
SBC
17.6% more per $
SBC
35.9%
18.3%
RMR

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
RMR
RMR
SBC
SBC
Revenue
$66.7M
$39.6M
Net Profit
$12.2M
$14.2M
Gross Margin
73.1%
Operating Margin
48.1%
32.5%
Net Margin
18.3%
35.9%
Revenue YoY
40.8%
-10.9%
Net Profit YoY
91.1%
117.2%
EPS (diluted)
$0.71
$0.15

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
RMR
RMR
SBC
SBC
Q4 25
$66.7M
$39.6M
Q3 25
$43.4M
Q2 25
$43.4M
Q1 25
$47.3M
Q4 24
$44.4M
Q3 24
$53.1M
Q2 24
$53.1M
Q1 24
$54.8M
Net Profit
RMR
RMR
SBC
SBC
Q4 25
$12.2M
$14.2M
Q3 25
$12.8M
Q2 25
$2.5M
Q1 25
$21.5M
Q4 24
$6.5M
Q3 24
$2.8M
Q2 24
$18.5M
Q1 24
$18.8M
Gross Margin
RMR
RMR
SBC
SBC
Q4 25
73.1%
Q3 25
70.6%
Q2 25
69.2%
Q1 25
79.7%
Q4 24
76.3%
Q3 24
81.5%
Q2 24
74.2%
Q1 24
72.1%
Operating Margin
RMR
RMR
SBC
SBC
Q4 25
48.1%
32.5%
Q3 25
36.6%
Q2 25
33.6%
Q1 25
51.1%
Q4 24
10.6%
Q3 24
26.1%
Q2 24
51.4%
Q1 24
44.6%
Net Margin
RMR
RMR
SBC
SBC
Q4 25
18.3%
35.9%
Q3 25
29.6%
Q2 25
5.7%
Q1 25
45.4%
Q4 24
14.7%
Q3 24
5.3%
Q2 24
34.8%
Q1 24
34.2%
EPS (diluted)
RMR
RMR
SBC
SBC
Q4 25
$0.71
$0.15
Q3 25
$0.12
Q2 25
$0.02
Q1 25
$0.21
Q4 24
$0.05
Q3 24
$0.03
Q2 24
$0.20
Q1 24
$0.20

Balance Sheet & Financial Strength

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

Metric
RMR
RMR
SBC
SBC
Cash + ST InvestmentsLiquidity on hand
$49.3M
$164.1M
Total DebtLower is stronger
$42.8M
Stockholders' EquityBook value
$232.7M
$248.3M
Total Assets
$687.1M
$380.4M
Debt / EquityLower = less leverage
0.17×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
RMR
RMR
SBC
SBC
Q4 25
$49.3M
$164.1M
Q3 25
$127.4M
Q2 25
$152.7M
Q1 25
$132.1M
Q4 24
$125.0M
Q3 24
$137.4M
Q2 24
Q1 24
Total Debt
RMR
RMR
SBC
SBC
Q4 25
$42.8M
Q3 25
$21.1M
Q2 25
$7.1M
Q1 25
$6.9M
Q4 24
$6.6M
Q3 24
$823.2K
Q2 24
Q1 24
Stockholders' Equity
RMR
RMR
SBC
SBC
Q4 25
$232.7M
$248.3M
Q3 25
$248.0M
Q2 25
$244.6M
Q1 25
$226.4M
Q4 24
$195.1M
Q3 24
$205.0M
Q2 24
$8.8M
Q1 24
$9.0M
Total Assets
RMR
RMR
SBC
SBC
Q4 25
$687.1M
$380.4M
Q3 25
$321.4M
Q2 25
$315.3M
Q1 25
$284.6M
Q4 24
$266.1M
Q3 24
$296.5M
Q2 24
$19.5M
Q1 24
$19.8M
Debt / Equity
RMR
RMR
SBC
SBC
Q4 25
0.17×
Q3 25
0.09×
Q2 25
0.03×
Q1 25
0.03×
Q4 24
0.03×
Q3 24
0.00×
Q2 24
Q1 24

Cash Flow & Capital Efficiency

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

Metric
RMR
RMR
SBC
SBC
Operating Cash FlowLast quarter
$10.7M
$52.0M
Free Cash FlowOCF − Capex
$51.2M
FCF MarginFCF / Revenue
129.3%
Capex IntensityCapex / Revenue
2.0%
Cash ConversionOCF / Net Profit
0.88×
3.66×
TTM Free Cash FlowTrailing 4 quarters
$23.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
RMR
RMR
SBC
SBC
Q4 25
$10.7M
$52.0M
Q3 25
$-20.9M
Q2 25
$-8.3M
Q1 25
$1.9M
Q4 24
$-7.3M
Q3 24
$5.0M
Q2 24
$19.2M
Q1 24
$3.7M
Free Cash Flow
RMR
RMR
SBC
SBC
Q4 25
$51.2M
Q3 25
$-20.9M
Q2 25
$-8.6M
Q1 25
$1.7M
Q4 24
$-7.9M
Q3 24
$4.6M
Q2 24
$18.3M
Q1 24
$3.0M
FCF Margin
RMR
RMR
SBC
SBC
Q4 25
129.3%
Q3 25
-48.3%
Q2 25
-19.9%
Q1 25
3.5%
Q4 24
-17.8%
Q3 24
8.7%
Q2 24
34.5%
Q1 24
5.4%
Capex Intensity
RMR
RMR
SBC
SBC
Q4 25
2.0%
Q3 25
0.1%
Q2 25
0.7%
Q1 25
0.5%
Q4 24
1.3%
Q3 24
0.8%
Q2 24
1.6%
Q1 24
1.3%
Cash Conversion
RMR
RMR
SBC
SBC
Q4 25
0.88×
3.66×
Q3 25
-1.63×
Q2 25
-3.39×
Q1 25
0.09×
Q4 24
-1.12×
Q3 24
1.77×
Q2 24
1.04×
Q1 24
0.20×

Financial Flow Comparison

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

Revenue Breakdown by Segment

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%

SBC
SBC

Franchising$10.3M26%
Medical Corporation Shobikai$8.1M21%
Medical Corporation Nasukai$7.2M18%
Management Services$6.3M16%
Rental Services$4.3M11%
Medical Corporation Association Furinkai$3.0M8%
Japan Medical And Beauty Inc$656.5K2%

Related Comparisons