Quarterly ResultMay 6, 2026, 04:27 PM
RMR Group Q2 Net Income $1.0M, EPS $0.05; Declares $0.45 Dividend
AI Summary
The RMR Group Inc. announced its financial results for the second fiscal quarter ended March 31, 2026, reporting net income attributable to the company of $1.0 million, or $0.05 per diluted share, and Distributable Earnings of $14.2 million, or $0.44 per diluted share. The company declared a quarterly dividend of $0.45 per share. RMR also highlighted strategic activities including participating in SVC's public offering with a $50.0 million investment and a $350.0 million multifamily portfolio acquisition through a joint venture.
Key Highlights
- Net income attributable to The RMR Group Inc. was $1.0 million, or $0.05 per diluted share.
- Adjusted Net Income Attributable to The RMR Group Inc. was $2.2 million, or $0.11 per diluted share.
- Distributable Earnings were $14.2 million, or $0.44 per diluted share.
- Adjusted EBITDA reached $18.5 million with an Adjusted EBITDA Margin of 41.6%.
- Assets Under Management (AUM) stood at $37.1 billion as of March 31, 2026.
- RMR declared a quarterly dividend of $0.45 per share.
- RMR participated in SVC's public offering, purchasing $50.0 million of common shares, bringing total liquidity to $130.1 million.
- RMR Residential acquired a $350.0 million multifamily portfolio in a joint venture, investing $6.4 million.