What is Cim Real Estate's earnings per share (EPS)?

Cim Real Estate (CMRF) reported diluted earnings per share of $0.12 for fiscal year 2025. This represents a 117.9% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

Cim Real Estate Financials

CMRF

Source SEC Filings (10-K/10-Q) Data as of Mar 31, 2026 Currency USD FYE December

This page shows Cim Real Estate (CMRF) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 15 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI CMRF FY2025 2026-04-30

CIM Real Estate Finance Trust's economics are driven by leveraged real estate assets, with cash inflow steadier than reported earnings.

Operating cash flow stayed positive at $161.2M even while net income fell to -$292.3M, so the following year's return to profit looks like earnings volatility on a still-cash-producing portfolio rather than a business that stopped collecting cash. That gap fits an asset-heavy finance structure where valuation effects, financing costs, and other non-cash items can move accounting income faster than cash receipts.

Total assets and long-term debt both moved down from $6.45B and $3.92B over the last three fiscal years, which points to balance-sheet contraction or asset runoff rather than expansion. Because equity also shrank, debt-to-equity still sat near 1.8x, so leverage relief was real but not dramatic.

Cash distributions were only narrowly covered in the latest year: operating cash flow was $136.0M against dividends paid of $121.3M. With buybacks continuing as well, cash generation was enough to fund payouts but not to rebuild liquidity quickly, which helps explain why cash stayed modest for a balance sheet above $5.0B.

Financial Health Signals

Financial health score pending refresh

We are recalculating Cim Real Estate's peer-relative financial health score against the latest fiscal year. It will appear here once the refresh completes. The signals and metrics below are current.

Piotroski F-Score Partial

6/7

Cim Real Estate passes 6 of 7 computable financial strength tests (2 of the nine could not be computed from available data). All 4 profitability signals pass (positive income, cash flow, and earnings quality), all 2 leverage/liquidity signals pass, neither operating efficiency signal passes.

Earnings Quality Cash-Backed

2.60x

For every $1 of reported earnings, Cim Real Estate generates $2.60 in operating cash flow ($136.0M OCF vs $52.4M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.

Key Financial Metrics

Export CSV

Earnings & Revenue

Revenue

$416.0M

YoY-14.0%

5Y CAGR+7.4%

10Y CAGR+1.2%

Cim Real Estate generated $416.0M in revenue in fiscal year 2025. This represents a decrease of 14.0% from the prior year.

EBITDA

N/A

Net Income

$52.4M

YoY+117.9%

10Y CAGR-2.1%

Cim Real Estate reported $52.4M in net income in fiscal year 2025. This represents an increase of 117.9% from the prior year.

EPS (Diluted)

$0.12

YoY+117.9%

Cim Real Estate earned $0.12 per diluted share (EPS) in fiscal year 2025. This represents an increase of 117.9% from the prior year.

Cash & Balance Sheet

Free Cash Flow

N/A

Cash & Debt

$184.7M

YoY+1.9%

5Y CAGR+8.8%

10Y CAGR+21.5%

Cim Real Estate held $184.7M in cash against $3.1B in long-term debt as of fiscal year 2025.

Dividends Per Share

$0.34

YoY-24.4%

5Y CAGR-2.2%

10Y CAGR-5.9%

Cim Real Estate paid $0.34 per share in dividends in fiscal year 2025. This represents a decrease of 24.4% from the prior year.

Shares Outstanding

437M

YoY-0.1%

5Y CAGR+3.8%

10Y CAGR+3.4%

Cim Real Estate had 437M shares outstanding in fiscal year 2025. This represents a decrease of 0.1% from the prior year.

Margins & Returns

Gross Margin

N/A

Operating Margin

N/A

Net Margin

12.6%

YoY+73.0pp

5Y CAGR+20.7pp

10Y CAGR-5.0pp

Cim Real Estate's net profit margin was 12.6% in fiscal year 2025, showing the share of revenue converted to profit. This is up 73.0 percentage points from the prior year.

Return on Equity

3.0%

YoY+19.5pp

5Y CAGR+4.1pp

10Y CAGR+0.0pp

Cim Real Estate's ROE was 3.0% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is up 19.5 percentage points from the prior year.

Capital Allocation

R&D Spending

N/A

Share Buybacks

$37.1M

YoY-17.6%

5Y CAGR-5.1%

10Y CAGR-1.7%

Cim Real Estate spent $37.1M on share buybacks in fiscal year 2025, returning capital to shareholders by reducing shares outstanding. This represents a decrease of 17.6% from the prior year.

Capital Expenditures

N/A

CMRF Income Statement

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Revenue	$416.0M-14.0%	$483.9M-14.9%	$568.9M+25.8%	$452.1M+23.6%	$365.7M+25.7%	$290.9M
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	$26.0M+1.9%	$25.5M+45.2%	$17.6M+14.4%	$15.4M+1.9%	$15.1M+25.2%	$12.0M
Operating Income	N/A	N/A	N/A	$323.2M+85.0%	$174.7M+284.4%	$45.4M
Interest Expense	$174.3M-27.2%	$239.5M-8.2%	$260.8M+66.6%	$156.5M+86.6%	$83.9M+30.9%	$64.1M
Income Tax	N/A	$750K	N/A	N/A	N/A	N/A
Net Income	$52.4M+117.9%	-$292.3M-1141.0%	$28.1M-80.5%	$143.8M+66.3%	$86.5M+467.8%	-$23.5M
EPS (Diluted)	$0.12+117.9%	$-0.67-1216.7%	$0.06-81.8%	$0.33+37.5%	$0.24+400.0%	$-0.08

Metric	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24
Revenue	$97.6M-0.4%	$97.9M-6.2%	$104.5M-2.5%	$107.2M+0.7%	$106.4M+0.2%	$106.2M-12.5%	$121.4M-0.4%	$121.9M
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	$6.3M+0.3%	$6.3M-8.3%	$6.9M-3.5%	$7.1M+27.3%	$5.6M-23.2%	$7.3M+22.8%	$6.0M-2.6%	$6.1M
Operating Income	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Interest Expense	$37.4M-8.9%	$41.0M-5.0%	$43.2M-3.7%	$44.8M-0.9%	$45.3M-8.3%	$49.3M-18.7%	$60.6M-5.2%	$63.9M
Income Tax	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Net Income	$43.0M+44.6%	$29.8M-1.7%	$30.3M+20.2%	$25.2M+176.6%	-$32.9M-115.3%	-$15.3M-308.8%	$7.3M+103.0%	-$245.8M
EPS (Diluted)	$0.10	N/A	$0.07+16.7%	$0.06+175.0%	$-0.08	N/A	$0.02+103.6%	$-0.56

CMRF Balance Sheet

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Total Assets	$5.1B-2.0%	$5.2B-19.4%	$6.4B-9.6%	$7.1B+2.4%	$7.0B+56.1%	$4.5B
Current Assets	N/A	N/A	N/A	N/A	N/A	N/A
Cash & Equivalents	$184.7M+1.9%	$181.3M-26.8%	$247.5M+108.0%	$119.0M+10.8%	$107.4M-11.5%	$121.4M
Inventory	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	N/A	N/A	N/A	N/A	N/A	N/A
Goodwill	N/A	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$3.2B-2.2%	$3.3B-18.8%	$4.0B-11.0%	$4.5B+5.7%	$4.3B+88.5%	$2.3B
Current Liabilities	N/A	N/A	N/A	N/A	N/A	N/A
Long-Term Debt	$3.1B-2.4%	$3.2B-19.2%	$3.9B-11.3%	$4.4B+6.7%	$4.1B+93.2%	$2.1B
Total Equity	$1.7B-1.5%	$1.8B-21.7%	$2.3B-7.7%	$2.5B-2.8%	$2.5B+15.0%	$2.2B
Retained Earnings	N/A	N/A	N/A	N/A	N/A	N/A

Metric	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24
Total Assets	$4.7B-7.3%	$5.1B+2.2%	$5.0B-1.2%	$5.0B-2.5%	$5.2B-0.5%	$5.2B-3.1%	$5.4B-9.2%	$5.9B
Current Assets	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Cash & Equivalents	$183.6M-0.6%	$184.7M-27.7%	$255.6M+58.2%	$161.5M+16.0%	$139.3M-23.2%	$181.3M-6.5%	$193.8M-54.5%	$425.8M
Inventory	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Goodwill	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$2.8B-11.6%	$3.2B+4.0%	$3.1B-1.7%	$3.1B-3.6%	$3.2B-0.7%	$3.3B-3.1%	$3.4B-13.1%	$3.9B
Current Liabilities	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Long-Term Debt	$2.7B-11.9%	$3.1B+4.1%	$3.0B-1.9%	$3.0B-3.8%	$3.1B-0.8%	$3.2B-2.8%	$3.3B-13.7%	$3.8B
Total Equity	$1.8B+0.1%	$1.7B-0.5%	$1.8B-0.3%	$1.8B-0.8%	$1.8B+0.1%	$1.8B-3.5%	$1.8B-2.1%	$1.9B
Retained Earnings	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

CMRF Cash Flow Statement

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Operating Cash Flow	$136.0M-15.6%	$161.2M-27.9%	$223.8M+25.2%	$178.7M+20.6%	$148.2M+34.0%	$110.6M
Capital Expenditures	N/A	N/A	N/A	N/A	N/A	N/A
Free Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A
Investing Cash Flow	$110.6M-84.6%	$720.6M+28.8%	$559.5M+197.0%	-$576.5M+60.8%	-$1.5B-215.2%	-$466.1M
Financing Cash Flow	-$242.6M+74.7%	-$957.2M-36.9%	-$699.3M-262.5%	$430.3M-67.8%	$1.3B+12483.0%	$10.6M
Dividends Paid	$121.3M-21.3%	$154.0M+8.6%	$141.8M+14.3%	$124.0M+17.0%	$106.0M+16.9%	$90.7M
Share Buybacks	$37.1M-17.6%	$45.0M+1.2%	$44.4M+12.8%	$39.4M+78.7%	$22.0M-54.1%	$48.1M

Metric	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24
Operating Cash Flow	$32.5M-2.5%	$33.3M-4.1%	$34.7M-4.1%	$36.2M+14.1%	$31.8M+4.0%	$30.5M-31.6%	$44.6M+25.9%	$35.4M
Capital Expenditures	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Free Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Investing Cash Flow	$393.3M+311.4%	-$186.0M-218.6%	$156.8M+8.5%	$144.5M+3244.3%	-$4.6M-104.6%	$100.1M-65.5%	$290.0M+15.5%	$251.0M
Financing Cash Flow	-$409.0M-594.0%	$82.8M+185.1%	-$97.3M+38.5%	-$158.1M-125.8%	-$70.0M+51.1%	-$143.1M+74.7%	-$566.1M-248.1%	-$162.6M
Dividends Paid	$29.8M+0.4%	$29.7M+0.4%	$29.5M-0.1%	$29.6M-9.1%	$32.5M-16.7%	$39.1M+1.2%	$38.6M+0.4%	$38.4M
Share Buybacks	$8.2M-0.2%	$8.2M-1.0%	$8.3M-10.0%	$9.3M-17.7%	$11.2M-2.2%	$11.5M+5.6%	$10.9M-5.5%	$11.5M

CMRF Financial Ratios

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	N/A	N/A	N/A	71.5%+23.7pp	47.8%+32.1pp	15.6%
Net Margin	12.6%+73.0pp	-60.4%-65.3pp	4.9%-26.9pp	31.8%+8.2pp	23.6%+31.7pp	-8.1%
Return on Equity	3.0%+19.5pp	-16.5%-17.7pp	1.2%-4.6pp	5.9%+2.4pp	3.4%+4.5pp	-1.1%
Return on Assets	1.0%+6.7pp	-5.6%-6.1pp	0.4%-1.6pp	2.0%+0.8pp	1.2%+1.8pp	-0.5%
Current Ratio	N/A	N/A	N/A	N/A	N/A	N/A
Debt-to-Equity	1.77-0.0	1.79+0.1	1.73-0.1	1.80+0.2	1.64+0.7	0.98
FCF Margin	N/A	N/A	N/A	N/A	N/A	N/A

Metric	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Net Margin	44.1%+13.7pp	30.4%+1.4pp	29.0%+5.5pp	23.5%+54.4pp	-30.9%-16.5pp	-14.4%-20.4pp	6.0%+207.7pp	-201.7%
Return on Equity	2.5%+0.8pp	1.7%-0.0pp	1.7%+0.3pp	1.4%+3.3pp	-1.8%-1.0pp	-0.9%-1.3pp	0.4%+13.5pp	-13.1%
Return on Assets	0.9%+0.3pp	0.6%-0.0pp	0.6%+0.1pp	0.5%+1.1pp	-0.6%-0.4pp	-0.3%-0.4pp	0.1%+4.3pp	-4.2%
Current Ratio	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Debt-to-Equity	1.56-0.2	1.77+0.1	1.69-0.0	1.72-0.1	1.77-0.0	1.79+0.0	1.77-0.2	2.01
FCF Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

Frequently Asked Questions

What is Cim Real Estate's annual revenue?

Cim Real Estate (CMRF) reported $416.0M in total revenue for fiscal year 2025. This represents a -14.0% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is Cim Real Estate's revenue growing?

Cim Real Estate (CMRF) revenue declined by 14% year-over-year, from $483.9M to $416.0M in fiscal year 2025.

Is Cim Real Estate profitable?

Yes, Cim Real Estate (CMRF) reported a net income of $52.4M in fiscal year 2025, with a net profit margin of 12.6%.

How much debt does Cim Real Estate have?

As of fiscal year 2025, Cim Real Estate (CMRF) had $184.7M in cash and equivalents against $3.1B in long-term debt.

What is Cim Real Estate's net profit margin?

Cim Real Estate (CMRF) had a net profit margin of 12.6% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

Does Cim Real Estate pay dividends?

Yes, Cim Real Estate (CMRF) paid $0.34 per share in dividends during fiscal year 2025.

What is Cim Real Estate's return on equity (ROE)?

Cim Real Estate (CMRF) has a return on equity of 3.0% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

What is Cim Real Estate's operating cash flow?

Cim Real Estate (CMRF) generated $136.0M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are Cim Real Estate's total assets?

Cim Real Estate (CMRF) had $5.1B in total assets as of fiscal year 2025, including both current and long-term assets.

Does Cim Real Estate buy back shares?

Yes, Cim Real Estate (CMRF) spent $37.1M on share buybacks during fiscal year 2025, returning capital to shareholders by reducing shares outstanding.

How many shares does Cim Real Estate have outstanding?

Cim Real Estate (CMRF) had 437M shares outstanding as of fiscal year 2025.

What is Cim Real Estate's debt-to-equity ratio?

Cim Real Estate (CMRF) had a debt-to-equity ratio of 1.77 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Cim Real Estate's return on assets (ROA)?

Cim Real Estate (CMRF) had a return on assets of 1.0% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is Cim Real Estate's Piotroski F-Score?

Cim Real Estate (CMRF) has a Piotroski F-Score of 6 out of 7 computable signals; 2 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are Cim Real Estate's earnings high quality?

Cim Real Estate (CMRF) has an earnings quality ratio of 2.60x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.