Our Company The RMR Group Inc., or RMR Inc., is a holding company and substantially all of its business is conducted by its majority owned subsidiary, The RMR Group LLC, or RMR LLC. RMR Inc. is a Maryland corporation and RMR LLC is a Maryland limited liability company. RMR Inc. serves as the sole managing member of RMR LLC and, in that capacity, operates and controls the business and affairs of RMR LLC. In this Annual Report on Form 10-K, unless otherwise indicated, “we”, “us” and “our” refers to RMR Inc. and its direct and indirect subsidiaries, including RMR LLC. As of September 30, 2025, RMR Inc. owned 16,063,495 class A membership units of RMR LLC, or Class A Units, and 1,000,000 class B membership units of RMR LLC, or Class B Units. The aggregate RMR LLC membership units RMR Inc. owns represent approximately 53.2% of the economic interest of RMR LLC. A wholly owned subsidiary of ABP Trust owns 15,000,000 redeemable Class A Units, representing approximately 46.
| Metric | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Revenue | 0 | 700M | 898M | 962M | 833M | 607M |
| Net Income | 0 | 18M | 23M | 57M | 34M | 36M |
| EPS | $0.00 | $1.03 | $1.38 | $3.44 | $2.04 | $2.15 |
| Free Cash Flow | 63M | 72M | 58M | 105M | 100M | 71M |
| ROIC | 0.0% | 15.9% | 19.7% | 40.5% | 36.5% | 31.8% |
| Gross Margin | - | - | - | - | - | 16.5% |
| Debt/Equity | 0.00 | 0.41 | 0.29 | 0.13 | 0.15 | 0.17 |
| Dividends/Share | $1.90 | $1.78 | $1.70 | $1.60 | $1.54 | $8.42 |
| Operating Income | 0 | 42M | 45M | 114M | 88M | 72M |
| Operating Margin | 0.0% | 6.0% | 5.0% | 11.8% | 10.6% | 11.9% |
| ROE | 0.0% | 7.6% | 9.7% | 23.8% | 16.5% | 18.3% |
| Shares Outstanding | 16M | 17M | 17M | 17M | 17M | 17M |
RMR GROUP INC. passes 4 of 9 quality checks, suggesting mixed fundamentals.
RMR GROUP INC. trades at 14.6x trailing earnings, compared to its 15-year median P/E of 9.0x, suggesting it is currently Expensive relative to its historical range. On a free-cash-flow basis, the stock trades at 5.0x vs a median of 3.5x. The company's 5-year average ROIC is 28.9% with a gross margin of 16.5%. Total shareholder yield (dividends + buybacks) is 11.8%. At current prices, the estimated annualized return to fair value is -13.2%.
RMR GROUP INC. (RMR) has a current P/E ratio of 14.6, compared to its historical median P/E of 9.0. The stock is currently considered Expensive based on its historical valuation range.
RMR GROUP INC. (RMR) has a 5-year average return on invested capital (ROIC) of 28.9%. This indicates strong capital allocation and a potential competitive advantage.
RMR GROUP INC. (RMR) has a market capitalization of $267M. It is classified as a small-cap stock.
Yes, RMR GROUP INC. (RMR) pays a dividend with a trailing twelve-month yield of 11.42%. The company also returns capital through share buybacks, with a buyback yield of 0.35%.
Based on historical P/E analysis, RMR GROUP INC. (RMR) appears expensive. The current P/E of 14.6 is 62% above its historical median of 9.0. The estimated fair value CAGR (P/E method) is -12.9%.
RMR GROUP INC. (RMR) operates in the Services-Management Consulting Services industry, within the Industrials sector.
RMR GROUP INC. (RMR) reported annual revenue of $700 million in its most recent fiscal year, based on SEC EDGAR filings.
RMR GROUP INC. (RMR) has a net profit margin of 2.5%. This is a modest margin.
RMR GROUP INC. (RMR) generated $72 million in free cash flow in its most recent fiscal year. Positive free cash flow supports dividends, buybacks, and debt reduction.
RMR GROUP INC. (RMR) has a debt-to-equity ratio of 0.41. This indicates a conservatively financed balance sheet.
RMR GROUP INC. (RMR) reported earnings per share (EPS) of $1.03 in its most recent fiscal year.
RMR GROUP INC. (RMR) has a return on equity (ROE) of 7.6%. This indicates moderate shareholder returns.
RMR GROUP INC. (RMR) has a 5-year average gross margin of 16.5%. This lower margin is typical of capital-intensive or commodity businesses.
The Ledger Terminal provides 12 years of financial data for RMR GROUP INC. (RMR), sourced directly from SEC EDGAR filings. This includes income statements, balance sheets, cash flow statements, and key financial ratios.
RMR GROUP INC. (RMR) has a book value per share of $13.33, based on its most recent annual SEC filing.