Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
---|---|---|---|---|---|---|
Income Statement | ||||||
Total Revenue | 83.26M | 170.67M | 129.83M | 270.20M | 248.30M | 273.07M |
Gross Profit | 6.52M | 64.70M | 80.33M | 185.84M | 205.72M | 226.34M |
EBITDA | -137.91M | 10.49M | 0.00 | 216.24M | 176.90M | 202.41M |
Net Income | -417.25M | -221.26M | 6.03M | 112.06M | 170.55M | 202.41M |
Balance Sheet | ||||||
Total Assets | 5.82B | 6.97B | 8.07B | 8.24B | 7.46B | 6.95B |
Cash, Cash Equivalents and Short-Term Investments | 209.20M | 99.08M | 188.20M | 306.46M | 310.19M | 427.51M |
Total Debt | 4.02B | 4.89B | 5.56B | 5.40B | 4.57B | 3.73B |
Total Liabilities | 4.07B | 4.96B | 5.77B | 5.79B | 4.85B | 4.47B |
Stockholders Equity | 1.76B | 2.01B | 2.30B | 2.46B | 2.57B | 2.45B |
Cash Flow | ||||||
Free Cash Flow | 14.90M | 83.17M | 109.05M | 108.69M | 202.09M | 140.50M |
Operating Cash Flow | 15.87M | 84.52M | 111.14M | 111.03M | 213.56M | 140.50M |
Investing Cash Flow | 1.44B | 779.91M | -39.34M | -773.30M | -373.20M | -208.86M |
Financing Cash Flow | -1.39B | -945.82M | -205.07M | 676.30M | 62.80M | 161.32M |
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
---|---|---|---|---|---|---|---|
67 Neutral | $732.46M | 14.40 | 5.87% | 10.09% | -12.51% | ― | |
63 Neutral | $7.02B | 13.29 | -0.50% | 6.92% | 4.08% | -25.24% | |
63 Neutral | $642.13M | 37.46 | 4.42% | 10.85% | 35.74% | ― | |
61 Neutral | $263.17M | 6.05 | 21.74% | 12.92% | 25.17% | ― | |
50 Neutral | $514.55M | 19.70 | 5.53% | 18.55% | 1.13% | ― | |
48 Neutral | $257.98M | ― | -3.30% | 15.94% | -27.60% | 62.75% | |
48 Neutral | $521.54M | ― | -21.24% | 22.79% | -65.30% | -318.17% |
Claros Mortgage Trust reported a GAAP net loss of $181.7 million for the quarter ended June 30, 2025, with significant loan resolutions totaling $1.0 billion in unpaid principal balance (UPB). The company also executed a sale of office and retail space for $29 million and refinanced debt with a $235 million non-recourse loan. Despite the losses, CMTG has improved its liquidity position, doubling it since the end of 2024, and is optimistic about continuing progress in the second half of 2025.
On July 1, 2025, Claros Mortgage Trust, Inc. completed a mortgage foreclosure on two multifamily properties in Texas, which were previously collateral for a senior loan made to several unaffiliated third-party borrowers. The loan, which was on non-accrual status and risk rated 5, had a net carrying value of $118.1 million as of March 31, 2025, indicating financial challenges for the company and potential implications for its stakeholders.
On June 16, 2025, Claros Mortgage Trust‘s subsidiary, CMTG WF Finance LLC, modified its repurchase agreement with Wells Fargo Bank, National Association. The modification, effective June 13, 2025, included a reduction of the maximum facility amount to $250 million, impacting the company’s financial arrangements.
On June 4, 2025, Claros Mortgage Trust, Inc. and its subsidiary, CMTG JNP Finance LLC, entered into an Amended and Restated Uncommitted Master Repurchase Agreement with JPMorgan Chase Bank. This agreement increased the maximum facility amount to $663.7 million, which could impact the company’s financial operations and market positioning.
On June 4, 2025, Claros Mortgage Trust, Inc. held its Annual Meeting of Stockholders via live webcast. During the meeting, stockholders elected nine directors to serve until the next annual meeting in 2026, ratified PricewaterhouseCoopers LLP as the independent accounting firm for the fiscal year ending December 31, 2025, and approved the compensation of the company’s named executive officers.