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Companies / Real Estate / The RMR Group Inc.
RMR

The RMR Group Inc.

Real EstateProfessional Services
Ticker RMRNEWTON, MAFiscal year ends SeptemberBook value per share $13.37Diluted shares 16.8M

The RMR Group Inc. (Nasdaq: RMR) is a real estate management and advisory company whose majority-owned subsidiary provides management, property management and investment advisory services to publicly traded real estate investment trusts, private funds, hotel and senior living businesses, and other real estate owners.… From the company’s description.

Over the twelve months to Jun 30, 2026, The RMR Group Inc. reported revenue of $638.98M, down 15.2% from a year earlier, and net income of $43.87M. Its operating margin was 6.4%, and operations generated $98.56M in cash. In fiscal 2025, it reported revenue of $700.28M, down 22.0% from fiscal 2024, and net income of $38.68M.

Fiscal year 2025 · ends 09-30Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-06-30
Sales & profitability
$700.28MFY2025
−22.0% year over year
Last 12 mo $638.98M
5.97%FY2025
+1 percentage points
Last 12 mo 6.37%
$38.68MFY2025
−27.2% year over year
Last 12 mo $43.87M
7.73%FY2025
−2 percentage points
Last 12 mo 8.84%
Cash & financing
$75.75MFY2025
+23.4% year over year
Last 12 mo $98.56M
$72.10MFY2025
+654.6% year over year
Last 12 mo $92.65M
0.79FY2025
Was 0.36× a year earlier
Last 12 mo 0.73
16.6MFY2025
+0.7% year over year
Last 12 mo 16.8M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What The RMR Group Inc. does

In the company’s own words

The RMR Group Inc. (Nasdaq: RMR) is a real estate management and advisory company whose majority-owned subsidiary provides management, property management and investment advisory services to publicly traded real estate investment trusts, private funds, hotel and senior living businesses, and other real estate owners. Its managed assets span healthcare, senior living, hotels, industrial and logistics properties, offices, service-focused retail and multifamily residential communities; advisory services also support a mortgage REIT that originates and invests in commercial real estate loans. The company’s clients include Diversified Healthcare Trust, Industrial Logistics Properties Trust, Service Properties Trust, Office Properties Income Trust, Seven Hills Realty Trust and Sonesta International Hotels Corporation. RMR Residential manages residential properties and investment vehicles, while Tremont Realty Capital provides investment advisory services. RMR LLC was founded in 1986, and the company expanded into residential management through its 2023 acquisition of MPC Partnership Holdings. As of September 30, 2025, RMR had $39.0 billion in assets under management, including approximately 1,900 properties. Its website is www.rmrgroup.com.

Company details
Sector
Real Estate
Industry (SIC)
Professional Services
Headquarters
NEWTON, MA
Fiscal year end
September
CIK
1644378
SIC
8742

Financial performance, year by year

Fiscal 2016–2025 · USD
$-96.23M$192.46M$481.16M$769.85M$1.06B2016201720182019202020212022202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns The RMR Group Inc. — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

151
funds hold it
0 of 35
superinvestors hold it
$87.67M
held by funds, at market
28.3%
of shares held by funds

Largest fund holders · The RMR Group Inc.’s weight in each

VANGUARD REAL ESTATE INDEX FUND
VNQ · VANGUARD SPECIALIZED FUNDS
—of fund net assets
VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.00%of fund net assets
iShares Russell 2000 ETF
IWM · iShares Trust
0.01%of fund net assets
Federated Hermes MDT Small Cap Core Fund
QASCX · Federated Hermes MDT Series
—of fund net assets
VANGUARD EXTENDED MARKET INDEX FUND
VXF · VANGUARD INDEX FUNDS
0.00%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

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  • “How do The RMR Group Inc. and its peers compare on margins and cash generation over ten years?”
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