F
The RMR Group Inc. — Earnings Quality Grade F
RMR · Real Estate
Major red flags
Revenue
$700M
2025
Net Income
$18M
2025
Gross Margin
39.3%
Free Cash Flow
$72M
01
Screening Summary
10
Passed
3
Watch
1
Failed
—
M-Score
管理层信号
最近 SEC 8-K 文件中未发现 CEO、CFO、董事会或审计负责人变动信号。
02
Financial Trends
Revenue & Net Income ($B)
Margins (%)
03
18-Point Screening
01
Revenue Quality
—
A1DSO Change
Insufficient data
—
A2AR vs Revenue Growth
Insufficient data
✓
A3Revenue vs CFFO
Revenue -22.0%, CFFO 23.4%. Cash follows revenue
02
Expense Quality
✓
B1Inventory vs COGS
No material inventory
✓
B2CapEx vs Revenue
CapEx growth -5.6% vs revenue -22.0%. Normal
!
B3SG&A Ratio
SG&A/Gross Profit = 77.7%, exceeds 70%
!
B4Gross Margin
Gross margin swung +7.2pp (32.1% → 39.3%)
03
Cash Flow Quality
✓
C1CFFO vs Net Income
CFFO/NI = 4.30. Profits backed by cash
✓
C2Free Cash Flow
FCF $0.1B, FCF/NI = 4.10
✓
C3Accruals Ratio
Accruals ratio = -8.1%. Low accruals
✗
C4Cash vs Debt
Cash $0.1B covers only 31% of debt $0.2B
04
Balance Sheet Health
!
D1Goodwill + Intangibles
Goodwill+Intangibles $0.1B = 43% of equity
✓
D2Leverage
Debt/EBITDA = 3.3x. Healthy
✓
D3Soft Asset Growth
Other assets -8.9% vs revenue -22.0%. Normal
—
D4Asset Impairment
No write-off data
05
Acquisition Risk
✓
E1Serial Acquirer FCF
FCF after acquisitions positive
✓
E2Goodwill Surge
Goodwill+Intangibles change 6% YoY. Normal
06
Manipulation Score
—
F1Beneish M-Score
Insufficient data
05
Altman Z-Score
3.97
Safe Zone0 Distress1.102.605.0+ Safe
0.1042
Liquidity
0.6318
Cumulative profit
0.0705
Operating efficiency
0.7199
Leverage
Generated from public financial data using forensic accounting frameworks. Not investment advice. Data: Yahoo Finance · 2026-04-25