Skip to content
The RMR Group logo

The RMR Group

RMR

The RMR Group is a vertically integrated alternative asset management firm primarily focused on real estate and related businesses.

Market cap
$342.21M+24.6%
Revenue$640.2M-20.4%
Net income$20.8M+2.6%
Free cash flow$92.0M+12.9%
EPS (diluted)$1.22+1.7%
Trailing twelve months · change vs. prior year

Earnings

Next report

Aug 5, 2026 (In 1 week)
Revenue estimate$147.6M
EPS estimate$0.20

Financials

Q2 2026

Income statement

See full
Revenue$145.6M-12.6%
Operating income$7.0M-6.9%
Net income$1.0M-72.2%
EPS (diluted)$0.05-76.2%

Balance sheet

See full
Cash & equivalents$80.1M-41.6%
Total debt$20.9M-18.9%
Total equity$227.6M-2.9%
Total assets$684.6M+5.4%

Cash flow

See full
Operating cash flow$48.8M+277%
CapEx$2.7M+311%
Free cash flow$46.1M+275%

Valuation & ratios

Valuation

See full
Market cap$342.21M+24.6%
Enterprise value$282.96M+53.6%
P/E16.5×+2.0×
P/S0.5×+0.2×

Profitability

See full
Operating margin9.4%+4.0pp
Net margin3.2%+0.7pp
FCF margin14.4%+4.2pp

Returns & leverage

See full
Return on equity9%+0.5pp
Debt / equity0.1×0.0×
Current ratio1.7×-0.8×

Segments

By product

See full
Management services$40.7M-8.3%
Advisory services$1.3M+22.2%
Incentive fees--100%

Competitors

Profile

The RMR Group is a vertically integrated alternative asset management firm primarily focused on real estate and related businesses. The company provides comprehensive management services to a diverse portfolio of publicly traded REITs, private capital vehicles, and real estate operating companies. Its core value proposition lies in its long-term service agreements and deep expertise across multiple real estate sectors, including industrial, healthcare, office, and hospitality.

Competitive position

A leading alternative asset manager with a significant scale in permanent capital vehicles and a vertically integrated national platform.

GeographiesUnited States, Canada, Puerto Rico
Customer segmentsPublic REITs, Private funds, Commercial real estate owners
Business modelAsset management fees, Incentive-based fees, Property management, Advisory services
SuppliersEquity and debt capital markets, Real estate professionals and labor, Information technology systems
CustomersPublic REIT shareholders, Private fund investors, Commercial tenants, Hotel guests, Senior living residents
Listed2015
Employees38.6K
CEOAdam David Portnoy
FilingsSEC EDGAR

Questions, answered.

What is The RMR Group's market cap?
The RMR Group (RMR) has a market capitalization of $342.2M and trades on NASDAQ.
What is The RMR Group's revenue and profitability?
The RMR Group generated $640.2M in trailing twelve-month revenue with net income of $20.8M, representing a net margin of 3.2%, with free cash flow of $92.0M. These figures are based on the Q1 2026 filing.
Who are The RMR Group's competitors?
The RMR Group's key competitors include CBRE Group, Blackstone, Brookfield Asset Management, and others. These companies compete in similar markets and product categories.
Who does The RMR Group partner with?
The RMR Group's notable partners include BP Products North America Inc., Nasdaq.
What subsidiaries does The RMR Group have?
The RMR Group's subsidiaries include The RMR Group LLC, Tremont Realty Capital LLC, MPC Partnership Holdings LLC.
Where is The RMR Group headquartered?
The RMR Group is headquartered in United States of America and employs approximately 38,600 people. It has been publicly traded since 2015.