Cim Real Estate Financials
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).
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
Cash distributions were only narrowly covered in the latest year: operating cash flow was
Financial Health Signals
Based on FY2025 annual data, averaged across the last 3 years for performance metrics (most-recent year weighted highest). How this score is calculated →
Health score ≠ stock price. This rates the quality of Cim Real Estate's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
Cim Real Estate's revenue declined 14% year-over-year, from $483.9M to $416.0M. This contraction results in a growth score of 9/100.
Cim Real Estate carries a low D/E ratio of 1.77, meaning only $1.77 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 66/100, indicating a strong balance sheet with room for future borrowing.
Cim Real Estate generates a 3.0% ROE, indicating limited profit relative to shareholders' investment. This results in a returns score of 4/100. This is up from -16.5% the prior year.
Cim Real Estate passes 6 of 9 financial strength tests. All 4 profitability signals pass (positive income, cash flow, and earnings quality), all 2 leverage/liquidity signals pass, neither operating efficiency signal passes.
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
Earnings & Revenue
Cim Real Estate generated $416.0M in revenue in fiscal year 2025. This represents a decrease of 14.0% from the prior year.
Cim Real Estate reported $52.4M in net income in fiscal year 2025. This represents an increase of 117.9% from the prior year.
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
Cim Real Estate held $184.7M in cash against $3.1B in long-term debt as of fiscal year 2025.
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.
Cim Real Estate had 437M shares outstanding in fiscal year 2025. This represents a decrease of 0.1% from the prior year.
Margins & Returns
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.
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
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.
CMRF Income Statement
| 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 | 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 | 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 | 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.
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 9, indicating neutral financial health. 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.
How financially healthy is Cim Real Estate?
Cim Real Estate (CMRF) scores 13 out of 100 on our Financial Profile, indicating weak overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.