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Claros Mortgage Trust, Inc.(CMTG)Earnings, Financials & Key Ratios
CMTG•NYSE•REIT / Real Estate
Price updated Jun 19, 2026
AboutClaros Mortgage Trust, Inc. is a real estate investment trust that focuses primarily on originating senior and subordinate loans on transitional commercial real estate assets located in principal markets across the United States. The company is qualified as a real estate investment trust (REIT) under the Internal Revenue Code. As a REIT, its net income would be exempt from federal taxation to the extent that it is distributed as dividends to shareholders. The company was incorporated in 2015 and is based in New York, New York.Show more
- Revenue$430M+152.2%
- FFO-$488M-133.0%
- FFO/Share-3.47-130.8%
- FFO Payout0%+100.0%
- FFO per Share-3.47-130.8%
- NOI Margin-86.93%-329.3%
- FFO Margin-113.33%+7.6%
- ROE-27.63%-169.0%
- ROA-8.37%-184.3%
CMTG Key Insights
Claros Mortgage Trust, Inc. (CMTG) fundamental analysis — strengths, weaknesses & financial health based on data analysis
✓Strengths
- ✓Trading at only 0.3x book value
✗Weaknesses
- ✗High debt to equity ratio of 2.1x
- ✗Weak Piotroski F-Score: 3/9
- ✗FFO declining 90.2% TTM
- ✗Low NOI margin of -86.9%
- ✗Trading more than 30% below 52-week high
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
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CMTG Price & Volume
Claros Mortgage Trust, Inc. (CMTG) stock price & volume — 10-year historical chart
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CMTG Growth Metrics
Claros Mortgage Trust, Inc. (CMTG) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years-
5 Years9.97%
3 Years16.8%
TTM85.29%
Profit CAGR
10 Years-
5 Years-
3 Years-
TTM-88.08%
EPS CAGR
10 Years-
5 Years-
3 Years-
TTM-87.45%
Return on Capital
10 Years0.31%
5 Years-3.94%
3 Years-3.94%
Last Year-10.55%
CMTG Recent Earnings
Claros Mortgage Trust, Inc. (CMTG) EPS & revenue vs analyst estimates — last 4 quarters
●Beat EPS 5/12 qtrs (42%)●Beat Revenue 6/12 qtrs (50%)
Q2 2026Latest
May 6, 2026Metric
Actual
Est
EPS
$0.52-118.1%
$0.24
Rev
$30M-18.8%
$37M
Q1 2026
Feb 18, 2026Metric
Actual
Est
EPS
$0.71-407.1%
$0.14
Rev
$44M-4.1%
$46M
Q4 2025
Nov 5, 2025Metric
Actual
Est
EPS
$0.15-1400.0%
$0.01
Rev
$59M+23.6%
$48M
Q3 2025
Aug 6, 2025Metric
Actual
Est
EPS
$0.77-3750.0%
$0.02
Rev
$134M+177.3%
$48M
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | May 6, 2026 | $0.52vs $0.24-118.1% | $30Mvs $37M-18.8% |
| Q1 2026 | Feb 18, 2026 | $0.71vs $0.14-407.1% | $44Mvs $46M-4.1% |
| Q4 2025 | Nov 5, 2025 | $0.15vs $0.01-1400.0% | $59Mvs $48M+23.6% |
| Q3 2025 | Aug 6, 2025 | $0.77vs $0.02-3750.0% | $134Mvs $48M+177.3% |
Based on last 12 quarters of dataView full earnings history →
CMTG Peer Comparison
Claros Mortgage Trust, Inc. (CMTG) competitors in Commercial mortgage loan REITs — business model, growth, and fundamentals comparison
| Company | Market Cap | Stock Price | P/E Ratio (TTM) | Revenue Growth 1Y | Net Margin | Return on Equity (ROE) | FCF Yield | Debt / Equity |
|---|---|---|---|---|---|---|---|---|
 BXMT | 3.05B | 18.09 | 28.27 | -13.96% | 6.75% | 2.93% | 4.61 | |
 KREF | 453.96M | 7.06 | -6.72 | -22.72% | -23.56% | -8.4% | 3.83 | |
 TRTX | 664.85M | 8.60 | 15.09 | 123.25% | 23.2% | 5.7% | 3.08 | |
 GPMT | 63.25M | 1.32 | -1.14 | 187.77% | -30.49% | -7.1% | 2.12 | |
 BRSP | 721.74M | 5.54 | -21.31 | -4.5% | -9.47% | -3.34% | 2.68 | |
 RC | 289.13M | 1.75 | -1.22 | 17.26% | -290.69% | -29.57% | 3.55 | |
 FBRT | 648.8M | 8.43 | 13.17 | -100% | 17.89% | 4.73% | 2.78 | |
 ARI | 1.44B | 10.83 | 13.37 | 1.28% | 17.9% | 6.88% | 4.27 |
Compare CMTG vs Peers
Claros Mortgage Trust, Inc. (CMTG) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
CMTG Income Statement
Claros Mortgage Trust, Inc. (CMTG) annual income statement — 10-year revenue, gross profit & net income history
10Y historyFree accessUpdated daily
| Metric | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|
Revenue | 167.17M | 249.61M | 267.71M | 215.02M | 270.2M | 129.83M | 170.67M | 430.48M | 371.46M |
Revenue Growth % | - | 49.32% | 7.25% | -19.68% | 25.66% | -51.95% | 31.45% | 152.23% | 85.29% |
Property Operating Expenses | 28.07M | 0 | 0 | 0 | 0 | 49.5M | 105.97M | 804.68M | 698.4M |
Net Operating Income (NOI) | 139.1M▲ 0% | 249.61M▲ 79.5% | 267.71M▲ 7.2% | 215.02M▼ 19.7% | 270.2M▲ 25.7% | 80.33M▼ 70.3% | 64.7M▼ 19.5% | -374.2M▼ 678.4% | -326.94M▲ 0% |
NOI Margin % | 83.21% | 100% | 100% | 100% | 100% | 61.87% | 37.91% | -86.93% | -88.01% |
Operating Expenses | 28.25M | 75.71M | 61.4M | 215.02M | 270.2M | 72.92M | 70.04M | 114.87M | 121.54M |
G&A Expenses | 32.43M | 75.71M | 61.4M | 21.4M | 26.14M | 33.2M | 15.71M | 34.13M | 20.02M |
EBITDA | 134.74M | 173.9M | 206.31M | 0 | 0 | 116.82M | -178.46M | -487.87M | -440.09M |
EBITDA Margin % | 80.6% | 69.67% | 77.06% | 0% | 0% | 89.97% | -104.57% | -113.33% | -118.47% |
Depreciation & Amortization | 0 | 0 | 0 | 0 | 0 | 9.29M | 11.9M | 1.2M | 8.39M |
D&A / Revenue % | 0% | 0% | 0% | 0% | 0% | 7.15% | 6.98% | 0.28% | 2.26% |
Operating Income | 134.74M▲ 0% | 173.9M▲ 29.1% | 206.31M▲ 18.6% | 0▼ 100.0% | 0▲ 0% | 107.53M▲ 0% | -190.36M▼ 277.0% | -489.07M▼ 156.9% | -448.48M▲ 0% |
Operating Margin % | 80.6% | 69.67% | 77.06% | 0% | 0% | 82.82% | -111.54% | -113.61% | -120.73% |
Interest Expense | 0 | 139.75M | 172.23M | 196.23M | 261.11M | 494.14M | 466.96M | 338.15M | 4M |
Interest Coverage | - | 1.24x | 1.20x | - | - | 0.36x | -0.41x | -1.45x | - |
Non-Operating Income | 0 | 173.9M | 206.31M | 0 | 0 | 0 | 0 | 0 | 5.94M |
Pretax Income | 138.92M▲ 0% | 174.05M▲ 25.3% | 205.67M▲ 18.2% | 170.39M▼ 17.2% | 112.16M▼ 34.2% | 6.03M▼ 94.6% | -221.26M▼ 3771.2% | -489.07M▼ 121.0% | -464.74M▲ 0% |
Pretax Margin % | 83.1% | 69.73% | 76.83% | 79.24% | 41.51% | 4.64% | -129.65% | -113.61% | -125.11% |
Income Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Effective Tax Rate % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
Net Income | 131.45M▲ 0% | 168.76M▲ 28.4% | 202.41M▲ 19.9% | 170.55M▼ 15.7% | 112.06M▼ 34.3% | 6.03M▼ 94.6% | -221.26M▼ 3771.2% | -489.07M▼ 121.0% | -464.74M▲ 0% |
Net Margin % | 78.63% | 67.61% | 75.61% | 79.32% | 41.47% | 4.64% | -129.65% | -113.61% | -125.11% |
Net Income Growth % | - | 28.38% | 19.94% | -15.74% | -34.29% | -94.62% | -3771.23% | -121.03% | -88.08% |
Funds From Operations (FFO) | 137.81M▲ 0% | 168.76M▲ 22.5% | 202.41M▲ 19.9% | 177.67M▼ 12.2% | 120.11M▼ 32.4% | 15.31M▼ 87.2% | -209.36M▼ 1467.1% | -487.87M▼ 133.0% | -456.35M▲ 0% |
FFO Margin % | 82.44% | 67.61% | 75.61% | 82.63% | 44.45% | 11.8% | -122.67% | -113.33% | -122.85% |
FFO Growth % | - | - | - | - | -32.4% | -87.25% | -1467.12% | -133.03% | -2001.57% |
FFO per Share | 0.98 | 1.20 | 1.44 | 1.32 | 0.86 | 0.11 | -1.50 | -3.47 | -3.25 |
FFO Payout Ratio % | 79.4% | 109.86% | 108.69% | 115.35% | 173.26% | 1254.79% | -57.64% | 0% | 0% |
EPS (Diluted) | 0.93▲ 0% | 1.20▲ 28.6% | 1.44▲ 20.0% | 1.27▼ 11.8% | 0.80▼ 37.0% | 0.02▼ 97.9% | -1.60▼ 9567.5% | -3.48▼ 117.5% | -3.31▲ 0% |
EPS Growth % | - | 28.64% | 20% | -11.81% | -37.01% | -97.89% | -9567.46% | -117.5% | -87.45% |
EPS (Basic) | 0.93 | 1.20 | 1.44 | 1.27 | 0.80 | 0.02 | -1.60 | -3.48 | - |
Diluted Shares Outstanding | 140.88M | 140.88M | 140.88M | 134.54M | 139.31M | 138.62M | 139.22M | 140.56M | 140.56M |
CMTG Balance Sheet
Claros Mortgage Trust, Inc. (CMTG) balance sheet — assets, liabilities & shareholders' equity
| Metric | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|
Total Assets | 3.87B | 6.55B | 6.95B | 7.46B | 8.24B | 8.07B | 6.97B | 4.72B | 4.16B |
Asset Growth % | - | 68.99% | 6.18% | 7.23% | 10.55% | -2.09% | -13.66% | -32.23% | -118.43% |
Real Estate & Other Assets | 11.29M | 11.11M | 8.83M | 57.5M | 83.86M | 115.01M | 112.25M | 873.38M | 0 |
PP&E (Net) | 0 | 0 | 0 | 406.89M | 401.19M | 522.96M | 127.14M | 0 | 0 |
Investment Securities | 128K | 0 | 0 | 0 | 1000K | 1000K | 1000K | 1000K | 0 |
Total Current Assets | 3.86B | 6.54B | 6.94B | 6.99B | 7.71B | 7.37B | 6.66B | 3.81B | 116.78M |
Cash & Equivalents | 69.43M | 335M | 427.51M | 310.19M | 306.46M | 188.2M | 99.08M | 173.19M | 116.78M |
Receivables | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 0 |
Other Current Assets | 25.15M | 38.85M | 39.13M | 23.94M | 41.7M | 289.3M | 618.51M | 17.6M | 0 |
Intangible Assets | 0 | 0 | 0 | 0 | 0 | 22.99M | 20.4M | 0 | 0 |
Total Liabilities | 1.98B | 4.12B | 4.47B | 4.85B | 5.79B | 5.77B | 4.96B | 3.19B | 2.67B |
Total Debt | 1.43B | 3.41B | 3.73B | 4.57B | 5.4B | 5.56B | 4.89B | 3.15B | 0 |
Net Debt | 1.37B | 3.08B | 3.31B | 4.26B | 5.09B | 5.37B | 4.79B | 2.97B | -116.78M |
Long-Term Debt | 0 | 2.57B | 2.7B | 3.7B | 5.11B | 5.27B | 4.61B | 1.03B | 0 |
Short-Term Borrowings | 1.43B | 839.78M | 1.04B | 863.81M | 289.39M | 289.91M | 274.6M | 2.11B | 0 |
Capital Lease Obligations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total Current Liabilities | 1.5B | 925.65M | 1.23B | 925.53M | 490.28M | 436.06M | 304.72M | 2.11B | 0 |
Accounts Payable | 4.63M | 5.87M | 3.66M | 0 | 0 | 0 | 0 | 0 | 0 |
Deferred Revenue | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other Liabilities | 477.06M | 618.42M | 543.17M | 222.2M | 184M | 66.37M | 39.6M | 44.84M | 2.67B |
Total Equity | 1.9B▲ 0% | 2.43B▲ 28.0% | 2.48B▲ 2.1% | 2.6B▲ 5.0% | 2.46B▼ 5.7% | 2.3B▼ 6.4% | 2.01B▼ 12.7% | 1.53B▼ 23.7% | 1.49B▲ 0% |
Equity Growth % | - | 27.98% | 2.05% | 4.97% | -5.68% | -6.37% | -12.69% | -23.71% | -82.51% |
Shareholders Equity | 1.85B | 2.38B | 2.45B | 2.57B | 2.46B | 2.3B | 2.01B | 1.53B | 1.49B |
Minority Interest | 46.66M | 46.53M | 35.29M | 37.64M | 0 | 0 | 0 | 0 | 0 |
Common Stock | 1.9M | 2.44M | 1.25M | 1.4M | 1.4M | 1.39M | 1.39M | 1.4M | 1.4M |
Additional Paid-in Capital | 1.86B | 2.42B | 2.49B | 2.73B | 2.71B | 2.73B | 2.74B | 2.75B | 0 |
Retained Earnings | -7.26M | -34.31M | -47.47M | -160.96M | -257.25M | -426.7M | -733.32M | -1.22B | -1.28B |
Preferred Stock | 250K | 250K | 125K | 0 | 0 | 0 | 0 | 0 | 0 |
Return on Assets (ROA) | 3.39% | 3.24% | 3% | 2.37% | 1.43% | 0.07% | -2.94% | -8.37% | -9.23% |
Return on Equity (ROE) | 6.92% | 7.79% | 8.24% | 6.71% | 4.43% | 0.25% | -10.27% | -27.63% | -28.47% |
Debt / Assets | 37.02% | 52.12% | 53.72% | 61.26% | 65.52% | 68.86% | 70.18% | 66.61% | 0% |
Debt / Equity | 0.76x | 1.40x | 1.51x | 1.75x | 2.20x | 2.42x | 2.43x | 2.05x | 0.00x |
Net Debt / EBITDA | 10.13x | 17.70x | 16.03x | - | - | 45.96x | - | - | 0.27x |
Book Value per Share | 13.48 | 17.26 | 17.61 | 19.36 | 17.63 | 16.59 | 14.42 | 10.90 | 10.62 |
CMTG Cash Flow Statement
Claros Mortgage Trust, Inc. (CMTG) cash flow — operating, investing & free cash flow history
| Metric | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|
Cash from Operations | 111.56M | 129.55M | 140.5M | 213.56M | 111.03M | 111.14M | 84.52M | -30.46M | -1.15M |
Operating CF Growth % | - | 16.13% | 8.45% | 52% | -48.01% | 0.1% | -23.95% | -136.04% | -288.47% |
Operating CF / Revenue % | 66.73% | 51.9% | 52.48% | 99.32% | 41.09% | 85.6% | 49.52% | -7.08% | -0.31% |
Net Income | 131.45M | 174.05M | 205.67M | 170.39M | 112.16M | 6.03M | -221.26M | 0 | -464.74M |
Depreciation & Amortization | 6.36M | 0 | 0 | 7.11M | 8.04M | 708K | 1.42M | 0 | 5.9M |
Stock-Based Compensation | 0 | 25.5M | 5.67M | 8.81M | 7.55M | 16.78M | 18.29M | 0 | -5.12M |
Other Non-Cash Items | -19.97M | -64.9M | -69.9M | 38.97M | -3.52M | 124.88M | 310.81M | 46.32M | -43.68M |
Working Capital Changes | -8.95M | -5.09M | -945K | 4.21M | -13.21M | -37.26M | -24.73M | -76.78M | 17.42M |
Cash from Investing | -2.19B | -2.31B | -208.86M | -373.2M | -773.3M | -39.34M | 779.91M | 1.87B | 1.99B |
Acquisitions (Net) | -150.35M | 0 | 0 | 0 | -515K | 0 | 0 | 0 | 0 |
Purchase of Investments | 0 | 0 | 0 | 0 | -906K | 0 | 0 | 0 | -269K |
Sale of Investments | 38.1M | 0 | 0 | 2.51M | 906K | 0 | 0 | 0 | 1.93M |
Other Investing | -2.08B | -2.31B | -208.86M | -364.25M | -770.44M | -37.24M | 779.91M | 1.87B | 1.99B |
Cash from Financing | 1.71B | 2.45B | 161.32M | 62.8M | 676.3M | -205.07M | -945.82M | -1.78B | -2.01B |
Dividends Paid | -109.43M | -185.43M | -220.03M | -204.94M | -208.09M | -192.16M | -120.68M | 0 | 0 |
Common Dividends | -109.43M | -185.4M | -220M | -204.94M | -208.09M | -192.16M | -120.68M | 0 | 0 |
Debt Issuance (Net) | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | -1000K | -1000K | -2M |
Share Repurchases | 0 | 0 | -125K | -3.73M | -21.4M | -3.9M | -3.49M | 0 | 0 |
Other Financing | -90.8M | -35.92M | -45.72M | -34.07M | -23.5M | -13.52M | -17.07M | -1.54M | -1.77B |
Net Change in Cash | -370.41M▲ 0% | 266.08M▲ 171.8% | 92.96M▼ 65.1% | -96.84M▼ 204.2% | 14.02M▲ 114.5% | -133.27M▼ 1050.4% | -81.39M▲ 38.9% | 57.28M▲ 170.4% | -18.43M▲ 0% |
Exchange Rate Effect | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -1 |
Cash at Beginning | 442.35M | 71.94M | 338.02M | 430.97M | 334.14M | 348.16M | 214.89M | 133.5M | 190.78M |
Cash at End | 71.94M | 338.02M | 430.97M | 334.14M | 348.16M | 214.89M | 133.5M | 190.78M | 130.44M |
Free Cash Flow | 111.56M▲ 0% | 129.55M▲ 16.1% | 140.5M▲ 8.4% | 202.09M▲ 43.8% | 108.69M▼ 46.2% | 109.05M▲ 0.3% | 83.17M▼ 23.7% | -33.18M▼ 139.9% | -6.09M▲ 0% |
FCF Growth % | - | 16.13% | 8.45% | 43.84% | -46.22% | 0.33% | -23.73% | -139.9% | -123.04% |
FCF / Revenue % | 66.73% | 51.9% | 52.48% | 93.99% | 40.22% | 83.99% | 48.73% | -7.71% | -1.64% |
CMTG Key Ratios
Claros Mortgage Trust, Inc. (CMTG) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM |
|---|---|---|---|---|---|---|---|---|
FFO per Share | 1.2 | 1.44 | 1.32 | 0.86 | 0.11 | -1.5 | -3.47 | -3.25 |
FFO Payout Ratio | 109.86% | 108.69% | 115.35% | 173.26% | 1254.79% | -57.64% | 0% | 0% |
NOI Margin | 100% | 100% | 100% | 100% | 61.87% | 37.91% | -86.93% | -88.01% |
Net Debt / EBITDA | 17.70x | 16.03x | - | - | 45.96x | - | - | 0.27x |
Debt / Assets | 52.12% | 53.72% | 61.26% | 65.52% | 68.86% | 70.18% | 66.61% | 0% |
Interest Coverage | 1.24x | 1.20x | - | - | 0.36x | -0.41x | -1.45x | - |
Book Value / Share | 17.26 | 17.61 | 19.36 | 17.63 | 16.59 | 14.42 | 10.9 | 10.62 |
Revenue Growth | 49.32% | 7.25% | -19.68% | 25.66% | -51.95% | 31.45% | 152.23% | 85.29% |
Related:CMTG Dividend History·CMTG Revenue History·CMTG Price History·CMTG P/E History·CMTG Financial Ratios·CMTG Institutional Holders
CMTG SEC Filings & Documents
Claros Mortgage Trust, Inc. (CMTG) SEC filings — annual & quarterly reports (10-K, 10-Q)
CMTG Frequently Asked Questions
Claros Mortgage Trust, Inc. (CMTG) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
Claros Mortgage Trust, Inc. (CMTG) reported $371.5M in revenue for fiscal year 2025. This represents a 122% increase from $167.2M in 2018.
Claros Mortgage Trust, Inc. (CMTG) grew revenue by 152.2% over the past year. This is strong growth.
Claros Mortgage Trust, Inc. (CMTG) reported a net loss of $464.7M for fiscal year 2025.
Dividend & Returns
Claros Mortgage Trust, Inc. (CMTG) has a return on equity (ROE) of -27.6%. Negative ROE indicates the company is unprofitable.
Industry Metrics
Claros Mortgage Trust, Inc. (CMTG) generated Funds From Operations (FFO) of $-456.4M in the trailing twelve months. FFO is the primary profitability metric for REITs.