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Claros Mortgage Trust, Inc.（CMTG）与RMR GROUP INC.（RMR）财务数据对比。点击上方公司名可切换其他公司
RMR GROUP INC.的季度营收约是Claros Mortgage Trust, Inc.的1.4倍（$66.7M vs $46.7M），RMR GROUP INC.净利率更高（18.3% vs -468.9%，领先487.2%），RMR GROUP INC.同比增速更快（40.8% vs -22.4%）
Claros Mortgage Trust, Inc.是一家总部位于美国的房地产投资信托公司，主要投资住宅及商业抵押贷款、抵押贷款支持证券等各类抵押相关资产，通过严谨的资产筛选和投资组合管理为股东创造稳定的风险调整后回报。
RMR集团是总部位于美国的另类资产管理企业，核心业务聚焦不动产及相关投资，覆盖商业地产、住宅物业、基础设施等赛道，服务全球核心市场的机构投资者、高净值人士及零售客户。
CMTG vs RMR — 直观对比
营收规模更大
RMR
是对方的1.4倍
$46.7M
营收增速更快
RMR
高出63.1%
-22.4%
净利率更高
RMR
高出487.2%
-468.9%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $46.7M | $66.7M |
| 净利润 | $-219.2M | $12.2M |
| 毛利率 | — | — |
| 营业利润率 | — | 48.1% |
| 净利率 | -468.9% | 18.3% |
| 营收同比 | -22.4% | 40.8% |
| 净利润同比 | -117.7% | 91.1% |
| 每股收益（稀释后） | $-1.56 | $0.71 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收CMTGRMR
| Q4 25 | $46.7M | $66.7M | ||
| Q3 25 | $46.1M | — | ||
| Q2 25 | $51.6M | — | ||
| Q1 25 | $43.4M | — | ||
| Q4 24 | $60.2M | — | ||
| Q3 24 | $64.9M | — | ||
| Q2 24 | $64.5M | — | ||
| Q1 24 | $58.8M | — |
净利润CMTGRMR
| Q4 25 | $-219.2M | $12.2M | ||
| Q3 25 | $-9.5M | — | ||
| Q2 25 | $-181.7M | — | ||
| Q1 25 | $-78.6M | — | ||
| Q4 24 | $-100.7M | — | ||
| Q3 24 | $-56.2M | — | ||
| Q2 24 | $-11.6M | — | ||
| Q1 24 | $-52.8M | — |
营业利润率CMTGRMR
| Q4 25 | — | 48.1% | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
净利率CMTGRMR
| Q4 25 | -468.9% | 18.3% | ||
| Q3 25 | -20.7% | — | ||
| Q2 25 | -351.9% | — | ||
| Q1 25 | -181.3% | — | ||
| Q4 24 | -167.2% | — | ||
| Q3 24 | -86.7% | — | ||
| Q2 24 | -17.9% | — | ||
| Q1 24 | -89.7% | — |
每股收益（稀释后）CMTGRMR
| Q4 25 | $-1.56 | $0.71 | ||
| Q3 25 | $-0.07 | — | ||
| Q2 25 | $-1.30 | — | ||
| Q1 25 | $-0.56 | — | ||
| Q4 24 | $-0.72 | — | ||
| Q3 24 | $-0.40 | — | ||
| Q2 24 | $-0.09 | — | ||
| Q1 24 | $-0.39 | — |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $173.2M | $49.3M |
| 总债务越低越好 | $3.2B | — |
| 股东权益账面价值 | $1.5B | $232.7M |
| 总资产 | $4.7B | $687.1M |
| 负债/权益比越低杠杆越低 | 2.06× | — |
8季度趋势，按日历期对齐
现金及短期投资CMTGRMR
| Q4 25 | $173.2M | $49.3M | ||
| Q3 25 | $339.5M | — | ||
| Q2 25 | $209.2M | — | ||
| Q1 25 | $127.8M | — | ||
| Q4 24 | $99.1M | — | ||
| Q3 24 | $113.9M | — | ||
| Q2 24 | $148.2M | — | ||
| Q1 24 | $232.5M | — |
总债务CMTGRMR
| Q4 25 | $3.2B | — | ||
| Q3 25 | $3.7B | — | ||
| Q2 25 | $4.0B | — | ||
| Q1 25 | $4.7B | — | ||
| Q4 24 | $4.9B | — | ||
| Q3 24 | $5.1B | — | ||
| Q2 24 | $5.3B | — | ||
| Q1 24 | $5.5B | — |
股东权益CMTGRMR
| Q4 25 | $1.5B | $232.7M | ||
| Q3 25 | $1.7B | — | ||
| Q2 25 | $1.8B | — | ||
| Q1 25 | $1.9B | — | ||
| Q4 24 | $2.0B | — | ||
| Q3 24 | $2.1B | — | ||
| Q2 24 | $2.2B | — | ||
| Q1 24 | $2.2B | — |
总资产CMTGRMR
| Q4 25 | $4.7B | $687.1M | ||
| Q3 25 | $5.4B | — | ||
| Q2 25 | $5.8B | — | ||
| Q1 25 | $6.7B | — | ||
| Q4 24 | $7.0B | — | ||
| Q3 24 | $7.3B | — | ||
| Q2 24 | $7.6B | — | ||
| Q1 24 | $7.8B | — |
负债/权益比CMTGRMR
| 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× | — |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | $-30.5M | $10.7M |
| 自由现金流经营现金流 - 资本支出 | — | — |
| 自由现金流率自由现金流/营收 | — | — |
| 资本支出强度资本支出/营收 | — | — |
| 现金转化率经营现金流/净利润 | — | 0.88× |
| 过去12个月自由现金流最近4个季度 | — | — |
8季度趋势，按日历期对齐
经营现金流CMTGRMR
| Q4 25 | $-30.5M | $10.7M | ||
| Q3 25 | $8.8M | — | ||
| Q2 25 | $-5.8M | — | ||
| Q1 25 | $-35.8M | — | ||
| Q4 24 | $84.5M | — | ||
| Q3 24 | $39.2M | — | ||
| Q2 24 | $5.5M | — | ||
| Q1 24 | $21.5M | — |
现金转化率CMTGRMR
| Q4 25 | — | 0.88× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
CMTG
| Real Estate Owned Portfolio | $34.2M | 73% |
| Other | $11.1M | 24% |
| Mixed Use Property Fixed Rents | $1.4M | 3% |
RMR
| Management Service Incentive | $23.6M | 35% |
| Industrial Logistics Properties Trust | $15.1M | 23% |
| Managed Private Real Estate Capital | $11.1M | 17% |
| Office Properties Income Trust | $5.6M | 8% |
| Other Private Entities | $5.3M | 8% |
| RMR Residential | $3.4M | 5% |
| Sonesta International Hotels Corporation | $2.1M | 3% |
| Investment Advisory Management And Administrative Service | $1.2M | 2% |
