RMR Group (RMR) FY2024 results: revenue $898 million, down 6.7% on the year
RMR Group Inc. (RMR) reported revenue of $898 million for fiscal 2024, the year ended 30 September 2024, down 6.7% on the year before. Net income was $23 million, down 59.5%, and diluted earnings per share $1.38. The figures are the company's own, from the 10-K it filed with the SEC on 12 November 2024.
Revenue
$898 million
-6.7% on the year
FY2017FY2024
Operating margin
5.0%
11.8% a year earlier
FY2017FY2024
Net income
$23 million
-59.5% on the year
FY2017FY2024
Diluted EPS
$1.38
-59.9% on the year
FY2017FY2024
this yearthe year beforeHover a bar for its figure.
$ million except per share. Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.
Cash flow
$ million
FY2024
FY2023
FY2022
On the year
Last 8 years
Operating cash flow
61.4
109
101
-43.8%
Capital expenditure
3.9
4.0
1.1
-3.0%
Free cash flow
57.5
105
100
-45.3%
Free cash flow margin
6.4%
10.9%
12.0%
Cash from investing
-210
49.5
-10.6
Cash from financing
22.1
-79.8
-61.4
Depreciation and amortisation
4.7
1.1
1.0
+327.7%
Share-based compensation
10.6
12.5
10.1
-14.9%
Buybacks
1.1
0.7
0.5
+54.8%
Dividends paid
28.4
26.6
25.7
+6.9%
Diluted shares, weighted
17m
16m
31m
+0.6%
Shares outstanding at period end
15m
15m
15m
0.0%
Balance sheet
$ million
FY2024
FY2023
FY2022
On the year
Last 8 years
Shareholders' equity
238
240
207
-1.0%
Non-controlling interest
182
184
163
-1.0%
Redeemable equity
181
184
n/a
-1.2%
Debt
86.3
0.0
0.0
Operating lease liabilities
22.1
25.0
25.6
-11.6%
Other liabilities
n/a
n/a
147
Total liabilities and equity
700
582
542
+20.3%
Fixed assets
76.4
5.4
2.5
+1,303.5%
Goodwill
71.8
1.9
1.9
+3,760.2%
Intangible assets
20.3
0.2
0.2
+12,055.1%
Cash and equivalents
142
268
189
-47.2%
Other assets
390
307
349
+27.2%
Total assets
700
582
542
+20.3%
10-K for the year ended 30 September 2024, filed 12 November 2024: the filing.