CMTG · Claros Mortgage Trust, Inc. - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $29.52M | - | $46.07M | $51.63M | $43.38M | - | $64.88M | $64.49M | $58.83M | - |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - | - | - |
| R&D | - | - | - | - | - | - | - | - | - | - |
| SG&A | $3.21M | - | $4.81M | $5.04M | $4.27M | - | $3.65M | $4.84M | $3.88M | - |
| Total Operating Expenses | $46.51M | - | $46.25M | $42.70M | $37.65M | - | $41.95M | $41.21M | $39.25M | - |
| D&A | $6.40M | - | $3.74M | $2.62M | $2.60M | - | $2.40M | $2.40M | $2.40M | - |
| Operating Income | - | - | - | - | - | - | - | - | - | - |
| Interest Expense | $50.89M | - | $71.84M | $82.00M | $89.23M | - | $111.10M | $113.22M | $115.93M | - |
| Income Tax | - | - | - | - | - | - | - | - | - | - |
| Net Income | ($54.29M) | - | ($9.53M) | ($181.71M) | ($78.62M) | - | ($56.22M) | ($11.55M) | ($52.80M) | - |
| EPS - Basic | ($0.39) | - | ($0.07) | ($1.30) | ($0.56) | - | ($0.40) | ($0.09) | ($0.39) | - |
| EPS - Diluted | ($0.39) | - | ($0.07) | ($1.30) | ($0.56) | - | ($0.40) | ($0.09) | ($0.39) | - |
Balance Sheet
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $116.78M | $173.19M | $339.52M | $209.20M | $127.83M | $99.08M | $113.92M | $148.21M | $232.51M | $187.30M |
| Accounts Receivable | - | - | - | - | - | - | - | - | - | - |
| Inventory | - | - | - | - | - | - | - | - | - | - |
| Accounts Payable | - | - | - | - | - | - | - | - | - | - |
| Current Assets | - | - | - | - | - | - | - | - | - | - |
| Total Assets | $4.16B | $4.72B | $5.44B | $5.82B | $6.66B | $6.97B | $7.31B | $7.58B | $7.76B | $8.07B |
| Current Liabilities | - | - | - | - | - | - | - | - | - | - |
| Long-term Debt | $2.67B | $3.16B | $3.66B | $4.03B | $4.68B | $4.90B | $5.14B | $5.34B | $5.47B | $5.69B |
| Total Liabilities | $2.67B | $3.19B | $3.69B | $4.07B | $4.72B | $4.96B | $5.20B | $5.41B | $5.54B | $5.77B |
| Stockholders' Equity | $1.49B | $1.53B | $1.75B | $1.76B | $1.93B | $2.01B | $2.10B | $2.17B | $2.22B | $2.30B |
| Retained Earnings | ($1.28B) | ($1.22B) | ($1.00B) | ($993.65M) | ($811.95M) | ($733.32M) | ($632.62M) | ($562.22M) | ($515.12M) | ($426.70M) |
Cash Flow
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | ($6.48M) | - | - | - | ($35.78M) | - | - | - | $21.49M | - |
| Investing Cash Flow | $400.55M | - | - | - | $274.80M | - | - | - | $286.61M | - |
| Financing Cash Flow | ($454.41M) | - | - | - | ($223.64M) | - | - | - | ($271.22M) | - |
| CapEx | - | - | - | - | - | - | - | - | - | - |
| Free Cash Flow | - | - | - | - | - | - | - | - | - | - |
Ratios
| Metric | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | - | - | - | - | - | - | - | - | - | - |
| Operating margin | - | - | - | - | - | - | - | - | - | - |
| EBITDA margin | - | - | - | - | - | - | - | - | - | - |
| Net margin | -183.9% | - | -20.7% | -351.9% | -181.3% | - | -86.7% | -17.9% | -89.7% | - |
| Free cash flow margin | - | - | - | - | - | - | - | - | - | - |
| FCF / Net income | - | - | - | - | - | - | - | - | - | - |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | 10.9% | - | 10.4% | 9.8% | 9.8% | - | 5.6% | 7.5% | 6.6% | - |
| Effective tax rate | - | - | - | - | - | - | - | - | - | - |
| Return on assets | -1.3% | - | -0.2% | -3.1% | -1.2% | - | -0.8% | -0.2% | -0.7% | - |
| Return on equity | -3.6% | - | -0.5% | -10.3% | -4.1% | - | -2.7% | -0.5% | -2.4% | - |
| Return on invested capital | - | - | - | - | - | - | - | - | - | - |
| Liquidity | ||||||||||
| Current ratio | - | - | - | - | - | - | - | - | - | - |
| Quick ratio | - | - | - | - | - | - | - | - | - | - |
| Cash ratio | - | - | - | - | - | - | - | - | - | - |
| Leverage | ||||||||||
| Debt / Equity | 1.79 | 2.06 | 2.09 | 2.29 | 2.42 | 2.44 | 2.44 | 2.46 | 2.47 | 2.48 |
| Debt / Assets | 0.64 | 0.67 | 0.67 | 0.69 | 0.70 | 0.70 | 0.70 | 0.70 | 0.71 | 0.71 |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Interest coverage | - | - | - | - | - | - | - | - | - | - |
| Equity multiplier | 2.79 | 3.08 | 3.11 | 3.31 | 3.44 | 3.47 | 3.47 | 3.49 | 3.50 | 3.51 |
| Liabilities / Assets | 0.64 | 0.68 | 0.68 | 0.70 | 0.71 | 0.71 | 0.71 | 0.71 | 0.71 | 0.71 |
| Efficiency | ||||||||||
| Asset turnover | 0.01 | - | 0.01 | 0.01 | 0.01 | - | 0.01 | 0.01 | 0.01 | - |
| Inventory turnover | - | - | - | - | - | - | - | - | - | - |
| Days sales outstanding | - | - | - | - | - | - | - | - | - | - |
| Days inventory outstanding | - | - | - | - | - | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - | - | - | - | - | - |
| Cash conversion cycle | - | - | - | - | - | - | - | - | - | - |
| Valuation | ||||||||||
| P / E | - | - | - | - | - | - | - | - | - | - |
| P / B | 0.2x | - | 0.3x | 0.2x | 0.3x | - | 0.5x | 0.5x | 0.6x | - |
| P / S | 11.3x | - | 10.1x | 7.7x | 12.0x | - | 16.1x | 17.3x | 23.0x | - |
| EV / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Growth | ||||||||||
| Revenue growth (YoY) | -31.9% | - | -29.0% | -19.9% | -26.3% | - | -19.5% | -20.3% | -14.9% | - |
| Revenue CAGR (3y) | -24.7% | - | -15.5% | -7.0% | -10.5% | - | 0.3% | - | - | - |
| Revenue CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Gross profit growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| Operating income growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| Net income growth (YoY) | 30.9% | - | 83.1% | -1472.7% | -48.9% | - | 18.5% | - | - | - |
| EPS growth (YoY) | 30.4% | - | 82.5% | -1344.4% | -43.6% | - | 20.0% | - | - | - |
| EPS CAGR (3y) | - | - | - | - | - | - | - | - | - | - |
| EPS CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| FCF growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | -22.8% | -23.7% | -16.9% | -19.1% | -12.7% | -12.7% | -8.4% | -9.5% | -9.3% | -6.4% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2021-12-31.
Business segments
$247.01M totalLoan$234.67M · 95.0%
All Other Segments$12.34M · 5.0%
Peer comparison
Same SIC group: Real Estate
Comparing Claros Mortgage Trust against the 5 most active filers in the same SIC group.
Dividends
$0.00/share trailing 12 months · -100.0% YoY
| Ex-date | Per share |
|---|---|
| Sep 30, 2024 | $0.1000 |
| Jun 28, 2024 | $0.2500 |
| Mar 27, 2024 | $0.2500 |
| Dec 28, 2023 | $0.2500 |
| Sep 28, 2023 | $0.2500 |
| Jun 29, 2023 | $0.3700 |
| Mar 30, 2023 | $0.3700 |
| Dec 29, 2022 | $0.3700 |
| Sep 29, 2022 | $0.3700 |
| Jun 29, 2022 | $0.3700 |
| Mar 30, 2022 | $0.3700 |
| Dec 30, 2021 | $0.3700 |