Rmr Group Inc. (RMR) Stock — Forensic Analysis, Red Flags & Rating | Stockonomy · Stockonomy
Forensic Analysis · Professional & Commercial Services · as of Sep 24, 2026
Rmr Group Inc. (RMR)
A forensic read on Rmr Group Inc. built from its complete SEC filings — financial-health screens, earnings quality, red flags and a price-aware rating. Reproducible math, not opinion.
D · Weak — demands caution
Forensic grade
Safe
Financial health
5.1
Distress distance
Clean
Earnings quality
4
Forensic signals
28.9
P / E (ttm)
7.7%
ROE
$604M
Market cap
6.75%
Dividend yield
-22.0%
Revenue growth
This free snapshot doesn't read filing or proxy text, so the auditor-quality and governance checks that can lower a grade were not evaluated (red flags, auditor quality, say on pay, board independence, going concern, valuation). Those checks only ever lower a grade, so the full analysis can land below the grade above but never above it — treat it as the most favourable reading, not the settled one.
Rmr Group Inc. earns a D (Weak — demands caution) forensic quality grade, and its balance-sheet distress test reads 5.1, placing it in the Safe zone. 4 forensic signals were flagged in its latest SEC filings, led by accruals ratio (% of noa).
What the filings flag
+32.1%
FY2024→FY2025
Accruals ratio (% of NOA).Net operating assets grew +32.1% relative to their own average in FY2025 — scaled by NOA itself, not by total assets, which is what the Forensic Screens card's own accrual row divides by. Accruals are building sharply — a large slice of profit sits in operating assets, not cash. An accrual is a claim that still has to be collected or written down, so the gap resolves in a later period whichever way it goes. A cash-flow measure on the same base disagrees: reported earnings ran behind operating cash by 15% of net operating assets, against an accruals ratio of 32.1%. The two are computed differently: the accruals ratio is the change in net operating assets over average net operating assets, while the cash-flow figure is net income less operating cash flow over that same average. Read them as two results, not one.
5.8%
FY2025
Return on invested capital.Return on invested capital is 5.8% in the latest fiscal year, against 24% in FY2021, having run between 5.8% and 46.5% across FY2021–FY2025 with no direction held — below the ~10% cost of capital we hold this sector to. If that gap persists through the cycle, incremental reinvestment reduces rather than creates value per share. The capital base behind it cannot be compared across FY2021–FY2025: cash and long-term debt are tagged in one of those two fiscal years and not the other, and an untagged line enters this calculation as zero, so any change in the base would be a change in what the filer tagged.
n/m (stock split)
FY2022–FY2025
Share count (stock split).Diluted share count changed -47% over the last 3 years to FY2025, but that includes a large one-time change around FY2023 consistent with a stock split or reverse split, not gradual buybacks or issuance — a split changes the count with NO effect on any holder's proportional ownership, so the raw -19.0%/yr figure isn't a real buyback/dilution read here.
Key fundamentals
Latest Revenue$700.3M
Revenue Growth YoY-22.0%
Net Margin2.5%
Free Cash Flow$72.1M
Return on Equity7.7%
Debt / Equity0.20x
The forensic grade and screens above are free — no account needed. Want the AI investment read on top — the 0–100 rating, thesis, bull-vs-bear, red flags and the 12-month scenario, written from Rmr Group Inc.'s actual 10-K/10-Q/8-K filings?
Data from SEC EDGAR public filings · metrics as of Sep 24, 2026. Forensic signals flag probability, not certainty.
-82%
FY2021→FY2022
Dividend — cut.The payout was CUT ~82% in FY2022 (from FY2021) and hasn't been restored since. It still returns some cash, but it is NOT the dependable, rising dividend an unbroken streak implies. Measured on total dividend dollars rather than per share: the reported share count steps sharply around FY2020, a stock-split seam between filing vintages rather than a change in the payout, and a split leaves the dollars paid untouched.