Claros Mtg Tr Inc Financials

CMTG

Source SEC Filings (10-K/10-Q) Updated Sep 30, 2025 Currency USD FYE December

Financial Health Signals

Piotroski F-Score Weak

3/9

Claros Mtg Tr Inc passes 3 of 9 financial strength tests. 2 of 4 profitability signals pass, 1 of 2 leverage/liquidity signals pass, neither operating efficiency signal passes.

Earnings Quality Mixed

-0.38x

For every $1 of reported earnings, Claros Mtg Tr Inc generates $-0.38 in operating cash flow ($84.5M OCF vs -$221.3M net income). This mixed ratio suggests some earnings may rely on non-cash accounting items.

This page shows Claros Mtg Tr Inc (CMTG) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 6 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).

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Key Financial Metrics

Revenue

$248.4M

YoY-19.0%

5Y CAGR-0.1%

Claros Mtg Tr Inc generated $248.4M in revenue in fiscal year 2024. This represents a decrease of 19.0% from the prior year.

EBITDA

N/A

Free Cash Flow

N/A

Net Income

-$221.3M

YoY-3771.2%

Claros Mtg Tr Inc reported -$221.3M in net income in fiscal year 2024. This represents a decrease of 3771.2% from the prior year.

EPS (Diluted)

$-1.60

YoY-8100.0%

Claros Mtg Tr Inc earned $-1.60 per diluted share (EPS) in fiscal year 2024. This represents a decrease of 8100.0% from the prior year.

Cash & Debt

$99.1M

YoY-47.1%

5Y CAGR-21.6%

Claros Mtg Tr Inc held $99.1M in cash against $4.9B in long-term debt as of fiscal year 2024.

Dividends Per Share

$0.60

Claros Mtg Tr Inc paid $0.60 per share in dividends in fiscal year 2024.

Shares Outstanding

139M

YoY+0.4%

Claros Mtg Tr Inc had 139M shares outstanding in fiscal year 2024. This represents an increase of 0.4% from the prior year.

Gross Margin

N/A

Operating Margin

N/A

Net Margin

-89.1%

YoY-91.0pp

5Y CAGR-154.4pp

Claros Mtg Tr Inc's net profit margin was -89.1% in fiscal year 2024, showing the share of revenue converted to profit. This is down 91.0 percentage points from the prior year.

Return on Equity

N/A

R&D Spending

N/A

Share Buybacks

N/A

Capital Expenditures

N/A

CMTG Income Statement

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Revenue	$248.4M-19.0%	$306.6M+6.7%	$287.2M+9.3%	$262.7M-4.0%	$273.7M+9.7%	$249.6M
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	$15.7M-5.4%	$16.6M-11.1%	$18.7M+48.4%	$12.6M+39.8%	$9.0M+165.4%	$3.4M
Operating Income	N/A	N/A	N/A	N/A	N/A	N/A
Interest Expense	$440.3M-6.4%	$470.5M+90.5%	$246.9M+36.7%	$180.6M+4.9%	$172.2M+23.2%	$139.7M
Income Tax	N/A	N/A	N/A	N/A	N/A	N/A
Net Income	-$221.3M-3771.2%	$6.0M-94.6%	$112.2M-30.4%	$161.2M-17.2%	$194.6M+19.2%	$163.2M
EPS (Diluted)	$-1.60-8100.0%	$0.02-97.5%	$0.79-37.8%	$1.27-16.4%	$1.52+0.7%	$1.51

Metric	Q3'25	Q2'25	Q1'25	Q3'24	Q2'24	Q1'24	Q4'23	Q3'23
Revenue	$46.1M-10.8%	$51.6M+19.0%	$43.4M-28.0%	$60.2M-6.6%	$64.5M+9.6%	$58.8M-22.6%	$76.0M-5.7%	$80.6M
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	$4.8M-4.4%	$5.0M+17.9%	$4.3M+27.8%	$3.3M-31.1%	$4.8M+25.0%	$3.9M+7.0%	$3.6M+1.7%	$3.6M
Operating Income	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Interest Expense	$71.8M-12.4%	$82.0M-8.1%	$89.2M-10.9%	$100.1M-11.6%	$113.2M-2.3%	$115.9M-4.3%	$121.2M-2.0%	$123.6M
Income Tax	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Net Income	-$9.5M+94.8%	-$181.7M-131.1%	-$78.6M+21.9%	-$100.7M-771.5%	-$11.6M+78.1%	-$52.8M-255.1%	$34.0M+149.4%	-$68.9M
EPS (Diluted)	$-0.07+94.6%	$-1.30-132.1%	$-0.56+22.2%	$-0.72-700.0%	$-0.09+76.9%	$-0.39-262.5%	$0.24+148.0%	$-0.50

CMTG Balance Sheet

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Total Assets	$7.0B-13.7%	$8.1B-2.1%	$8.2B+10.5%	$7.5B+7.2%	$7.0B+6.2%	$6.5B
Current Assets	N/A	N/A	N/A	N/A	N/A	N/A
Cash & Equivalents	$99.1M-47.1%	$187.3M-38.9%	$306.5M-1.2%	$310.2M-27.4%	$427.5M+27.6%	$335.0M
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	$5.0B-14.0%	$5.8B-0.3%	$5.8B+19.3%	$4.9B+12.0%	$4.3B+5.2%	$4.1B
Current Liabilities	N/A	N/A	N/A	N/A	N/A	N/A
Long-Term Debt	$4.9B-14.0%	$5.7B+0.1%	$5.7B+19.5%	$4.8B	N/A	N/A
Total Equity	$2.0B-12.7%	$2.3B-6.4%	$2.5B-4.3%	$2.6B+4.9%	$2.4B+0.6%	$2.4B
Retained Earnings	-$733.3M-71.9%	-$426.7M-65.9%	-$257.2M-59.8%	-$161.0M-130.6%	$526.2M	N/A

Metric	Q3'25	Q2'25	Q1'25	Q3'24	Q2'24	Q1'24	Q4'23	Q3'23
Total Assets	$5.4B-6.6%	$5.8B-12.5%	$6.7B-4.5%	$7.0B-8.1%	$7.6B-2.2%	$7.8B-3.9%	$8.1B+0.3%	$8.0B
Current Assets	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Cash & Equivalents	$339.5M+62.3%	$209.2M+63.7%	$127.8M+29.0%	$99.1M-33.2%	$148.2M-36.3%	$232.5M+24.1%	$187.3M-39.1%	$307.4M
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	$3.7B-9.2%	$4.1B-13.9%	$4.7B-4.8%	$5.0B-8.4%	$5.4B-2.3%	$5.5B-4.0%	$5.8B+0.3%	$5.8B
Current Liabilities	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Long-Term Debt	$3.7B-9.3%	$4.0B-13.9%	$4.7B-4.4%	$4.9B-8.2%	$5.3B-2.3%	$5.5B-4.0%	$5.7B+0.5%	$5.7B
Total Equity	$1.7B-0.5%	$1.8B-9.2%	$1.9B-3.7%	$2.0B-7.5%	$2.2B-2.0%	$2.2B-3.7%	$2.3B+0.1%	$2.3B
Retained Earnings	-$1.0B-1.0%	-$993.7M-22.4%	-$811.9M-10.7%	-$733.3M-30.4%	-$562.2M-9.1%	-$515.1M-20.7%	-$426.7M-0.3%	-$425.4M

CMTG Cash Flow Statement

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Operating Cash Flow	$84.5M-24.0%	$111.1M+0.1%	$111.0M-48.0%	$213.6M+52.0%	$140.5M+8.4%	$129.6M
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	$779.9M+2082.6%	-$39.3M+94.9%	-$773.3M-107.2%	-$373.2M-78.7%	-$208.9M+91.0%	-$2.3B
Financing Cash Flow	-$945.8M-361.2%	-$205.1M-130.3%	$676.3M+976.9%	$62.8M-61.1%	$161.3M-93.4%	$2.4B
Dividends Paid	$120.7M-37.2%	$192.2M-7.7%	$208.1M+1.5%	$204.9M	N/A	N/A
Share Buybacks	N/A	N/A	$21.4M+494.1%	$3.6M	N/A	N/A

Metric	Q3'25	Q2'25	Q1'25	Q3'24	Q2'24	Q1'24	Q4'23	Q3'23
Operating Cash Flow	$8.8M+250.1%	-$5.8M+83.7%	-$35.8M-295.2%	$18.3M+231.7%	$5.5M-74.3%	$21.5M-21.3%	$27.3M-34.9%	$41.9M
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	$505.1M-32.6%	$749.2M+172.6%	$274.8M+17.9%	$233.1M+189.8%	$80.4M-71.9%	$286.6M+317.4%	-$131.8M-144.4%	$296.6M
Financing Cash Flow	-$385.5M+42.0%	-$664.3M-197.0%	-$223.6M+14.8%	-$262.3M-55.8%	-$168.3M+37.9%	-$271.2M-2330.7%	-$11.2M+96.2%	-$293.0M
Dividends Paid	N/A	N/A	N/A	$14.2M-60.2%	$35.6M+0.8%	$35.3M0.0%	$35.3M-32.6%	$52.4M
Share Buybacks	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

CMTG Financial Ratios

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Gross Margin	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
Net Margin	-89.1%-91.0pp	2.0%-37.1pp	39.1%-22.3pp	61.4%-9.7pp	71.1%+5.7pp	65.4%
Return on Equity	N/A	0.3%-4.3pp	4.6%-1.7pp	6.3%-1.7pp	8.0%+1.2pp	6.7%
Return on Assets	-3.2%-3.3pp	0.1%-1.3pp	1.4%-0.8pp	2.2%-0.6pp	2.8%+0.3pp	2.5%
Current Ratio	N/A	N/A	N/A	N/A	N/A	N/A
Debt-to-Equity	2.44-0.0	2.48+0.2	2.32+0.5	1.85+0.1	1.77+0.1	1.69
FCF Margin	N/A	N/A	N/A	N/A	N/A	N/A

Metric	Q3'25	Q2'25	Q1'25	Q3'24	Q2'24	Q1'24	Q4'23	Q3'23
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	-20.7%+331.3pp	-351.9%-170.7pp	-181.3%-14.1pp	-167.2%-149.3pp	-17.9%+71.8pp	-89.8%-134.6pp	44.8%+130.4pp	-85.6%
Return on Equity	N/A	N/A	N/A	N/A	N/A	N/A	1.5%	N/A
Return on Assets	-0.2%+2.9pp	-3.1%-1.9pp	-1.2%+0.3pp	-1.5%-1.3pp	-0.1%+0.5pp	-0.7%-1.1pp	0.4%+1.3pp	-0.9%
Current Ratio	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Debt-to-Equity	2.09-0.2	2.29-0.1	2.42-0.0	2.44-0.0	2.460.0	2.470.0	2.480.0	2.47
FCF Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

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Frequently Asked Questions

What is Claros Mtg Tr Inc's annual revenue?

Claros Mtg Tr Inc (CMTG) reported $248.4M in total revenue for fiscal year 2024. This represents a -19.0% 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 Claros Mtg Tr Inc's revenue growing?

Claros Mtg Tr Inc (CMTG) revenue declined by 19% year-over-year, from $306.6M to $248.4M in fiscal year 2024.

Is Claros Mtg Tr Inc profitable?

No, Claros Mtg Tr Inc (CMTG) reported a net income of -$221.3M in fiscal year 2024, with a net profit margin of -89.1%.

What is Claros Mtg Tr Inc's earnings per share (EPS)?

Claros Mtg Tr Inc (CMTG) reported diluted earnings per share of $-1.60 for fiscal year 2024. This represents a -8100.0% 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.

How much debt does Claros Mtg Tr Inc have?

As of fiscal year 2024, Claros Mtg Tr Inc (CMTG) had $99.1M in cash and equivalents against $4.9B in long-term debt.

What is Claros Mtg Tr Inc's net profit margin?

Claros Mtg Tr Inc (CMTG) had a net profit margin of -89.1% in fiscal year 2024, representing the share of revenue converted into profit after all expenses.

Does Claros Mtg Tr Inc pay dividends?

Yes, Claros Mtg Tr Inc (CMTG) paid $0.60 per share in dividends during fiscal year 2024.

What is Claros Mtg Tr Inc's operating cash flow?

Claros Mtg Tr Inc (CMTG) generated $84.5M in operating cash flow during fiscal year 2024, representing cash generated from core business activities.

What are Claros Mtg Tr Inc's total assets?

Claros Mtg Tr Inc (CMTG) had $7.0B in total assets as of fiscal year 2024, including both current and long-term assets.

How many shares does Claros Mtg Tr Inc have outstanding?

Claros Mtg Tr Inc (CMTG) had 139M shares outstanding as of fiscal year 2024.

What is Claros Mtg Tr Inc's debt-to-equity ratio?

Claros Mtg Tr Inc (CMTG) had a debt-to-equity ratio of 2.44 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Claros Mtg Tr Inc's return on assets (ROA)?

Claros Mtg Tr Inc (CMTG) had a return on assets of -3.2% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.

What is Claros Mtg Tr Inc's Piotroski F-Score?

Claros Mtg Tr Inc (CMTG) has a Piotroski F-Score of 3 out of 9, indicating weak 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 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are Claros Mtg Tr Inc's earnings high quality?

Claros Mtg Tr Inc (CMTG) has an earnings quality ratio of -0.38x, considered mixed 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.