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

Claros Mtg Tr Inc (CMTG) reported diluted earnings per share of -$3.49 for fiscal year 2025. This represents a -118.1% 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.

Claros Mtg Tr Inc Financials

CMTG

FY2025 annual

Revenue $187.8M -24.4% YoY

Net Income -$489.1M -121.0% YoY

EPS (Diluted) -$3.49 -118.1% YoY

Free Cash Flow Not reported for FY2025

Source SEC Filings (10-K/10-Q) Data as of Jun 30, 2026 Currency USD FYE December

Claros Mtg Tr Inc (CMTG) reported $187.8M in revenue for fiscal year 2025, down 24.4% from the prior fiscal year. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 7 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 CMTG FY2025 2026-05-06

Balance-sheet shrinkage is reducing leverage, but the company’s earnings engine weakened faster than debt costs fell.

Recently, assets fell from $8.1B to $4.7B, and leverage eased with that contraction. But operating cash flow moved from $111M to -$30M, implying the smaller platform was used mainly to repay liabilities rather than restore cash earnings.

The main pressure is not overhead: SG&A was only $20.0M while interest expense was $305.0M, so the constraint sits in funding economics and asset-level returns more than corporate costs. Even after interest expense fell from $440M to $305M, revenue still remained below that funding cost, so deleveraging alone did not rebuild the basic earnings spread.

After several years of payouts, dividend cash dropped from $121M to $0. That capital-preservation shift fits a business where return on equity had sunk to -31.9% even with debt-to-equity down to 2.1x.

Financial Health Signals

Financial health score not available

Claros Mtg Tr Inc does not currently provide enough eligible data for a peer-relative financial health score, so none is published. The signals and metrics below are current.

Piotroski F-Score Partial

3/7

Claros Mtg Tr Inc passes 3 of 7 computable financial strength tests (2 of the nine could not be computed from available data). 1 of 4 profitability signals pass, 1 of 2 leverage/liquidity signals pass, both operating efficiency signals pass.

Earnings Quality No Cash Backing

N/A

Claros Mtg Tr Inc reported a net loss of $489.1M while operations used $30.5M of cash. With neither figure positive, the ratio between the two carries no quality signal.

Key Financial Metrics

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Earnings & Revenue

Revenue

$187.8M

YoY-24.4%

5Y CAGR-7.3%

Claros Mtg Tr Inc generated $187.8M in revenue in fiscal year 2025. This represents a decrease of 24.4% from the prior year.

Net Income

-$489.1M

YoY-121.0%

Claros Mtg Tr Inc reported -$489.1M in net income in fiscal year 2025. This represents a decrease of 121.0% from the prior year.

EPS (Diluted)

-$3.49

YoY-118.1%

Claros Mtg Tr Inc earned -$3.49 per diluted share (EPS) in fiscal year 2025. This represents a decrease of 118.1% from the prior year.

EBITDA

Not reported for fiscal year 2025.

Cash & Balance Sheet

Cash & Debt

$173.2M

YoY+74.8%

5Y CAGR-16.5%

Claros Mtg Tr Inc held $173.2M in cash against $3.2B in long-term debt as of fiscal year 2025.

Shares Outstanding

140M

YoY+0.6%

Claros Mtg Tr Inc had 140M shares outstanding in fiscal year 2025. This represents an increase of 0.6% from the prior year.

Free Cash Flow

Not reported for fiscal year 2025.

Dividends Per Share

Not reported for fiscal year 2025.

Margins & Returns

Return on Equity

-31.9%

YoY-20.9pp

5Y CAGR-39.9pp

Claros Mtg Tr Inc's ROE was -31.9% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is down 20.9 percentage points from the prior year.

Gross Margin

Not reported for fiscal year 2025.

Operating Margin

Not reported for fiscal year 2025.

Net Margin

Not shown for fiscal year 2025: the reported ratio is below -100.0% of revenue, so it does not read as a share of revenue.

Capital Allocation

None of these metrics is reported for fiscal year 2025.

CMTG Income Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.

CMTG annual income statement

Metric	TTM	FY25	FY24	FY23	FY22	FY21	FY20	FY19
Revenue	$152.1M	$187.8M-24.4%	$248.4M-19.0%	$306.6M+6.7%	$287.2M+9.3%	$262.7M-4.0%	$273.7M+9.7%	$249.6M
SG&A Expenses	$18.6M	$20.0M+27.2%	$15.7M-5.4%	$16.6M-11.1%	$18.7M+48.4%	$12.6M+39.8%	$9.0M+165.4%	$3.4M
Interest Expense	$231.3M	$305.0M-30.7%	$440.3M-6.4%	$470.5M+90.5%	$246.9M+36.7%	$180.6M+4.9%	$172.2M+23.2%	$139.7M
Net Income	-$538.5M	-$489.1M-121.0%	-$221.3M-3769.5%	$6.0M-94.6%	$112.1M-34.3%	$170.5M-12.3%	$194.6M+19.2%	$163.2M
EPS (Diluted)	—	-$3.49-118.1%	-$1.60	$0.02	$0.79-37.8%	$1.27-16.4%	$1.52+0.7%	$1.51

Metric	Q2'26	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24
Revenue	$29.7M+0.7%	$29.5M-36.9%	$46.7M+1.5%	$46.1M-10.8%	$51.6M+19.0%	$43.4M-28.0%	$60.2M-7.2%	$64.9M
SG&A Expenses	$4.7M+47.0%	$3.2M-45.3%	$5.9M+22.0%	$4.8M-4.4%	$5.0M+17.9%	$4.3M+27.8%	$3.3M-8.4%	$3.6M
Interest Expense	$46.6M-8.4%	$50.9M-17.8%	$61.9M-13.8%	$71.8M-12.4%	$82.0M-8.1%	$89.2M-10.9%	$100.1M-9.9%	$111.1M
Net Income	-$255.4M-370.5%	-$54.3M+75.2%	-$219.2M-2200.7%	-$9.5M+94.8%	-$181.7M-131.1%	-$78.6M+21.9%	-$100.7M-79.1%	-$56.2M
EPS (Diluted)	-$1.81-364.1%	-$0.39	N/A	-$0.07+94.6%	-$1.30-132.1%	-$0.56	N/A	-$0.40

Not reported in any period shown, so not listed: Cost of Revenue, Gross Profit, R&D Expenses, Operating Income, Income Tax.

TTM is the trailing twelve months, Q3 FY2025 through Q2 FY2026, summed from the four most recent quarterly filings. A row marked — cannot be summed at all, because a quarter in the window reports no per-share figure; a row marked N/A could be summed, but a quarter in the window does not report that metric.

CMTG Balance Sheet

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.

CMTG annual balance sheet

Metric	FY25	FY24	FY23	FY22	FY21	FY20	FY19
Total Assets	$4.7B-32.2%	$7.0B-13.7%	$8.1B-2.1%	$8.2B+10.5%	$7.5B+7.2%	$7.0B+6.2%	$6.5B
Cash & Equivalents	$173.2M+74.8%	$99.1M-47.1%	$187.3M-38.9%	$306.5M-1.2%	$310.2M-27.4%	$427.5M+27.6%	$335.0M
Total Liabilities	$3.2B-35.7%	$5.0B-14.0%	$5.8B-0.3%	$5.8B+19.3%	$4.9B+12.0%	$4.3B+5.2%	$4.1B
Long-Term Debt	$3.2B-35.6%	$4.9B-14.0%	$5.7B+0.1%	$5.7B+19.5%	$4.8B	N/A	N/A
Total Equity	$1.5B-23.7%	$2.0B-12.7%	$2.3B-6.4%	$2.5B-4.3%	$2.6B+4.9%	$2.4B+0.6%	$2.4B
Retained Earnings	-$1.2B-66.7%	-$733.3M-71.9%	-$426.7M-65.9%	-$257.2M-59.8%	-$161.0M-130.6%	$526.2M	N/A

Metric	Q2'26	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24
Total Assets	$3.8B-7.9%	$4.2B-11.8%	$4.7B-13.2%	$5.4B-6.6%	$5.8B-12.5%	$6.7B-4.5%	$7.0B-4.7%	$7.3B
Cash & Equivalents	$90.3M-22.7%	$116.8M-32.6%	$173.2M-49.0%	$339.5M+62.3%	$209.2M+63.7%	$127.8M+29.0%	$99.1M-13.0%	$113.9M
Total Liabilities	$2.6B-2.8%	$2.7B-16.2%	$3.2B-13.6%	$3.7B-9.2%	$4.1B-13.9%	$4.7B-4.8%	$5.0B-4.7%	$5.2B
Long-Term Debt	$2.6B-2.5%	$2.7B-15.5%	$3.2B-13.7%	$3.7B-9.3%	$4.0B-13.9%	$4.7B-4.4%	$4.9B-4.7%	$5.1B
Total Equity	$1.2B-17.1%	$1.5B-2.5%	$1.5B-12.4%	$1.7B-0.5%	$1.8B-9.2%	$1.9B-3.7%	$2.0B-4.6%	$2.1B
Retained Earnings	-$1.5B-20.0%	-$1.3B-4.4%	-$1.2B-21.9%	-$1.0B-1.0%	-$993.7M-22.4%	-$811.9M-10.7%	-$733.3M-15.9%	-$632.6M

Not reported in any period shown, so not listed: Current Assets, Inventory, Accounts Receivable, Goodwill, Current Liabilities.

CMTG Cash Flow Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.

CMTG annual cash flow statement

Metric	TTM	FY25	FY24	FY23	FY22	FY21	FY20	FY19
Operating Cash Flow	-$7.4M	-$30.5M-136.0%	$84.5M-24.0%	$111.1M+0.1%	$111.0M-48.0%	$213.6M+52.0%	$140.5M+8.4%	$129.6M
Investing Cash Flow	$1.3B	$1.9B+139.5%	$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	-$1.4B	-$1.8B-88.2%	-$945.8M-361.2%	-$205.1M-130.3%	$676.3M+976.9%	$62.8M-61.1%	$161.3M-93.4%	$2.4B
Dividends Paid	N/A	$0-100.0%	$120.7M-37.2%	$192.2M-7.7%	$208.1M+1.5%	$204.9M	N/A	N/A
Share Buybacks	N/A	N/A	N/A	N/A	$21.4M+494.1%	$3.6M	N/A	N/A

Metric	Q2'26	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24
Operating Cash Flow	-$12.1M-86.6%	-$6.5M-370.1%	$2.4M-72.7%	$8.8M+250.1%	-$5.8M+83.7%	-$35.8M-295.2%	$18.3M-53.2%	$39.2M
Investing Cash Flow	$51.4M-87.2%	$400.5M+18.3%	$338.6M-33.0%	$505.1M-32.6%	$749.2M+172.6%	$274.8M+17.9%	$233.1M+29.7%	$179.7M
Financing Cash Flow	-$67.5M+85.1%	-$454.4M+10.3%	-$506.5M-31.4%	-$385.5M+42.0%	-$664.3M-197.0%	-$223.6M+14.8%	-$262.3M-7.6%	-$243.9M
Dividends Paid	N/A	N/A	N/A	N/A	N/A	N/A	$14.2M-60.1%	$35.5M

Not reported in any period shown, so not listed: Capital Expenditures, Free Cash Flow.

CMTG Financial Ratios

Margins and returns are percentages; the remaining ratios are unitless multiples.

CMTG annual financial ratios

Metric	FY25	FY24	FY23	FY22	FY21	FY20	FY19
Net Margin	-260.4%	-89.1%-91.0pp	2.0%-37.0pp	39.0%-25.9pp	64.9%-6.2pp	71.1%+5.7pp	65.4%
Return on Equity	-31.9%-20.9pp	-11.0%-11.3pp	0.3%-4.3pp	4.6%-2.1pp	6.6%-1.3pp	8.0%+1.2pp	6.7%
Return on Assets	-10.4%-7.2pp	-3.2%-3.3pp	0.1%-1.3pp	1.4%-0.9pp	2.3%-0.5pp	2.8%+0.3pp	2.5%
Debt-to-Equity	2.06-0.4x	2.440.0x	2.48+0.2x	2.32+0.5x	1.85+0.1x	1.77+0.1x	1.69

Metric	Q2'26	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24
Net Margin	-859.7%	-183.9%	-468.9%	-20.7%	-351.9%	-181.3%	-167.2%	-86.7%
Return on Equity	-20.6%-17.0pp	-3.6%+10.7pp	-14.3%-13.8pp	-0.5%+9.8pp	-10.3%-6.3pp	-4.1%+1.0pp	-5.0%-2.3pp	-2.7%
Return on Assets	-6.7%-5.4pp	-1.3%+3.3pp	-4.6%-4.5pp	-0.2%+2.9pp	-3.1%-1.9pp	-1.2%+0.3pp	-1.5%-0.7pp	-0.8%
Debt-to-Equity	2.10+0.3x	1.79-0.3x	2.060.0x	2.09-0.2x	2.29-0.1x	2.420.0x	2.440.0x	2.44

Not reported in any period shown, so not listed: Gross Margin, Operating Margin, Current Ratio, FCF Margin.

Reported as filed but not readable as a share of revenue in the periods where the ratio runs further from zero than a revenue base allows; no change figure is given where either compared period is one of those: Net Margin.

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Where Claros Mtg Tr Inc Ranks

Frequently Asked Questions

What is Claros Mtg Tr Inc's annual revenue?

Claros Mtg Tr Inc (CMTG) reported $187.8M in total revenue for fiscal year 2025. This represents a -24.4% 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 24.4% year-over-year, from $248.4M to $187.8M in fiscal year 2025.

Is Claros Mtg Tr Inc profitable?

No, Claros Mtg Tr Inc (CMTG) reported a net income of -$489.1M in fiscal year 2025.

How much debt does Claros Mtg Tr Inc have?

As of fiscal year 2025, Claros Mtg Tr Inc (CMTG) had $173.2M in cash and equivalents against $3.2B in long-term debt.

What is Claros Mtg Tr Inc's return on equity (ROE)?

Claros Mtg Tr Inc (CMTG) has a return on equity of -31.9% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

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

Claros Mtg Tr Inc (CMTG) recorded an outflow of $30.5M in operating cash flow during fiscal year 2025, representing cash used by core business activities.

What are Claros Mtg Tr Inc's total assets?

Claros Mtg Tr Inc (CMTG) had $4.7B in total assets as of fiscal year 2025, including both current and long-term assets.

How many shares does Claros Mtg Tr Inc have outstanding?

Claros Mtg Tr Inc (CMTG) had 140M shares outstanding as of fiscal year 2025.

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

Claros Mtg Tr Inc (CMTG) had a debt-to-equity ratio of 2.06 as of fiscal year 2025, 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 -10.4% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is Claros Mtg Tr Inc's cash runway?

Based on fiscal year 2025 data, Claros Mtg Tr Inc (CMTG) had $173.2M in cash against an annual operating cash burn of $30.5M. This gives an estimated cash runway of approximately 68 months at the current burn rate. Cash runway measures how long a company can continue operating before running out of cash, assuming no additional funding.

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

Claros Mtg Tr Inc (CMTG) has a Piotroski F-Score of 3 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 Claros Mtg Tr Inc's earnings high quality?

Claros Mtg Tr Inc (CMTG) reported a net loss of $489.1M while operations used $30.5M of cash. With neither figure positive, the ratio between the two carries no quality signal. 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.