The RMR Group Cash Flow Statement

Financials in millions USD. Fiscal year is October - September.

Millions USD. Fiscal year is Oct - Sep.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '25 Sep 30, 2025	Sep '24 Sep 30, 2024	Sep '23 Sep 30, 2023	Sep '22 Sep 30, 2022	Sep '21 Sep 30, 2021
Net Income	17.6	23.13	57.15	34	35.7
Depreciation & Amortization	20.97	14.13	10.52	10.41	10.39
Loss (Gain) From Sale of Assets	-0.45	-	-	-	-
Loss (Gain) From Sale of Investments	5.09	-7.26	-25.24	-1.01	-20.87
Loss (Gain) on Equity Investments	2.27	2.39	2.22	0.84	1.01
Stock-Based Compensation	3.8	3.94	3.61	3.77	4.12
Provision & Write-off of Bad Debts	0.19	0.6	-	-	-
Other Operating Activities	14.53	30.09	69.17	44.67	50.55
Change in Accounts Payable	-40.67	10.2	-0	26.65	-2.68
Change in Other Net Operating Assets	52.42	-15.84	-8.21	-18.07	-6.42
Operating Cash Flow	75.75	61.38	109.22	101.27	71.79
Operating Cash Flow Growth	23.41%	-43.80%	7.85%	41.06%	-7.36%
Capital Expenditures	-3.65	-3.87	-3.98	-1.12	-1.14
Sale of Property, Plant & Equipment	4.2	-	-	-	-
Cash Acquisitions	-	-78.77	-	-	-
Sale (Purchase) of Real Estate	-166.01	-70.51	-	-	-
Investment in Securities	-11.9	-0.21	53.48	-9.47	-
Other Investing Activities	-1.95	0.7	-	-	-
Investing Cash Flow	-183.86	-209.84	49.5	-10.59	-1.14
Long-Term Debt Issued	98.77	88.16	-	-	-
Long-Term Debt Repaid	-2.16	-	-	-	-
Net Debt Issued (Repaid)	96.62	88.16	-	-	-
Repurchase of Common Stock	-0.9	-1.14	-0.73	-0.55	-0.83
Common Dividends Paid	-30.35	-28.42	-26.58	-25.73	-24.93
Other Financing Activities	-36.55	-36.52	-52.5	-35.15	-139.86
Financing Cash Flow	28.81	22.07	-79.81	-61.43	-280.48
Net Cash Flow	-79.3	-126.39	78.9	29.25	-209.83
Free Cash Flow	72.1	57.51	105.23	100.15	70.65
Free Cash Flow Growth	25.36%	-45.35%	5.08%	41.75%	-8.12%
Free Cash Flow Margin	36.63%	29.20%	44.56%	50.08%	40.22%
Free Cash Flow Per Share	4.33	3.48	6.41	3.19	2.26
Cash Interest Paid	6.4	0.37	-	-	-
Cash Income Tax Paid	5.74	9.14	21.23	9.56	10.05
Levered Free Cash Flow	37.04	51.35	86.83	85.02	61.68
Unlevered Free Cash Flow	41.86	51.9	86.83	85.02	61.68
Change in Working Capital	11.76	-5.64	-8.21	8.58	-9.11

Source: S&P Global Market Intelligence. Standard template. Financial Sources.