NYSE : CMTG
Claros Mortgage Trust, Inc. — Financial statements
Real Estate · REIT - Mortgage · United States
Last price 1.18 USD (Oct 29, 2026, 4:00 PM EDT) · Market cap 166.48M
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Financial statements
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Interest and Dividend Income | 268.58M | 389.51M | 601.41M | 697.87M | 470.67M | 415.26M |
| Total Interest Expense | 267.83M | 338.15M | 466.96M | 494.14M | 261.11M | 196.23M |
| Net Interest Income | 751.00K | 51.36M | 134.45M | 203.73M | 209.56M | 219.03M |
| Other Revenue | 114.74M | 103.31M | 87.35M | 79.19M | 65.95M | 27.98M |
| Revenue Before Loan Losses | 115.49M | 154.67M | 221.80M | 282.92M | 275.52M | 247.01M |
| Provision for Loan Losses | 476.13M | 466.53M | 212.62M | 153.68M | 84.36M | -8.96M |
| Revenue | -360.64M | -311.86M | 9.18M | 129.24M | 191.16M | 255.98M |
| Salaries & Employee Benefits | 203.00K | 212.00K | 192.00K | 186.00K | 98.00K | |
| Cost of Services Provided | 126.81M | 120.35M | 109.58M | 105.63M | 100.03M | 76.81M |
| Other Operating Expenses | 71.00K | 71.00K | 109.00K | -5.11M | -6.54M | -1.43M |
| Total Operating Expenses | 157.21M | 145.53M | 138.47M | 126.60M | 109.09M | 91.30M |
| Operating Income | -517.85M | -457.39M | -129.29M | 2.64M | 82.06M | 164.68M |
| Earnings From Equity Investments | -144.00K | -124.00K | -154.00K | 594.00K | ||
| EBT Excluding Unusual Items | -516.04M | -457.51M | -129.44M | 3.23M | 82.06M | 170.53M |
| Other Unusual Items | -6.75M | -1.39M | -4.13M | 2.22M | ||
| Pretax Income | -538.46M | -489.07M | -221.26M | 6.03M | 112.16M | 170.39M |
| Earnings From Continuing Ops. | -538.46M | -489.07M | -221.26M | 6.03M | 112.16M | 170.39M |
| Minority Interest in Earnings | -91.00K | 164.00K | ||||
| Net Income | -538.46M | -489.07M | -221.26M | 6.03M | 112.06M | 170.55M |
| Preferred Dividends & Other Adjustments | 1.95M | 3.68M | 2.40M | 16.00K | ||
| Net Income to Common | -538.46M | -489.07M | -223.21M | 2.35M | 109.67M | 170.54M |
| Shares Outstanding (Basic) | 140.72M | 140.15M | 139.23M | 138.62M | 139.31M | 134.54M |
| Shares Outstanding (Diluted) | 140.72M | 140.15M | 139.23M | 138.62M | 139.31M | 134.54M |
| EPS (Basic) | -3.83 | -3.49 | -1.60 | 0.02 | 0.79 | 1.27 |
| EPS (Diluted) | -3.83 | -3.49 | -1.60 | 0.02 | 0.79 | 1.27 |
| Dividend Per Share | 0.60 | 1.24 | 1.48 | 0.37 | ||
| Operating Margin | -1,407.91% | 2.04% | 42.93% | 64.33% | ||
| Profit Margin | -2,430.73% | 1.81% | 57.37% | 66.62% |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 90.33M | 173.19M | 99.08M | 187.30M | 306.46M | 310.19M |
| Long-Term Investments | 42.12M | 42.20M | 42.32M | 42.47M | 41.88M | |
| Trading Asset Securities | 900.00K | 6.00M | ||||
| Loans & Lease Receivables | 2.79B | 3.62B | 5.95B | 6.89B | 7.36B | 6.66B |
| Property, Plant & Equipment | 647.35M | 730.00M | 127.14M | 522.96M | 401.19M | 406.89M |
| Other Intangible Assets | 1.32M | 19.75M | 20.40M | 22.99M | ||
| Restricted Cash | 11.92M | 17.60M | 34.42M | 27.59M | 41.70M | 23.94M |
| Other Current Assets | 75.29M | 307.02M | ||||
| Other Long-Term Assets | 106.91M | 123.62M | 112.25M | 115.01M | 83.86M | 57.50M |
| Total Assets | 3.84B | 4.72B | 6.97B | 8.07B | 8.24B | 7.46B |
| Accrued Expenses | 8.08M | 8.77M | 30.12M | 10.31M | 10.57M | 9.98M |
| Short-Term Debt | 863.81M | |||||
| Current Portion of Long-Term Debt | 649.97M | 274.60M | 289.91M | 289.39M | ||
| Long-Term Debt | 1.92B | 3.15B | 4.61B | 5.27B | 5.11B | 3.70B |
| Other Current Liabilities | 135.84M | 190.32M | 51.74M | |||
| Other Long-Term Liabilities | 23.18M | 36.06M | 39.60M | 66.37M | 184.00M | 222.20M |
| Total Liabilities | 2.60B | 3.19B | 4.96B | 5.77B | 5.79B | 4.85B |
| Common Stock | 1.41M | 1.40M | 1.39M | 1.39M | 1.40M | 1.40M |
| Additional Paid-In Capital | 2.77B | 2.75B | 2.74B | 2.73B | 2.71B | 2.73B |
| Retained Earnings | -1.53B | -1.22B | -733.32M | -426.70M | -257.25M | -160.96M |
| Total Common Equity | 1.24B | 1.53B | 2.01B | 2.30B | 2.46B | 2.57B |
| Minority Interest | 37.64M | |||||
| Shareholders' Equity | 1.24B | 1.53B | 2.01B | 2.30B | 2.46B | 2.60B |
| Total Liabilities & Equity | 3.84B | 4.72B | 6.97B | 8.07B | 8.24B | 7.46B |
| Total Debt | 2.57B | 3.15B | 4.89B | 5.56B | 5.40B | 4.57B |
| Net Cash (Debt) | -2.48B | -2.97B | -4.79B | -5.37B | -5.09B | -4.26B |
| Net Cash Per Share | -17.59 | -21.20 | -34.41 | -38.73 | -36.52 | -31.64 |
| Filing Date Shares Outstanding | 141.08M | 140.22M | 139.36M | 138.75M | 139.38M | 139.69M |
| Total Common Shares Outstanding | 141.08M | 140.22M | 139.36M | 138.75M | 138.38M | 139.84M |
| Working Capital | 2.38B | 3.80B | 6.36B | 6.93B | 7.22B | 6.07B |
| Book Value Per Share | 8.77 | 10.93 | 14.41 | 16.58 | 17.75 | 18.35 |
| Tangible Book Value | 1.24B | 1.51B | 1.99B | 2.28B | 2.46B | 2.57B |
| Tangible Book Value Per Share | 8.77 | 10.78 | 14.26 | 16.41 | 17.75 | 18.35 |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | -538.46M | -489.07M | -221.26M | 6.03M | 112.06M | 170.55M |
| Depreciation & Amortization | 23.05M | 11.96M | 11.90M | 9.99M | 8.04M | 7.11M |
| Other Amortization | 28.88M | 25.87M | 23.90M | 22.97M | 20.45M | 21.31M |
| Gain on Sale of Loans & Receivables | -575.00K | -30.09M | 141.00K | |||
| Loss (Gain) From Sale of Investments | 71.00K | 71.00K | 1.41M | 5.16M | -6.04M | |
| Provision for Credit Losses | 476.13M | 508.29M | 219.85M | 153.68M | 84.36M | -8.96M |
| Loss (Gain) on Equity Investments | 144.00K | 124.00K | 154.00K | -594.00K | -1.67M | |
| Stock-Based Compensation | 8.35M | 14.35M | 18.29M | 16.78M | 7.55M | 8.81M |
| Change in Other Net Operating Assets | -40.49M | -76.78M | -24.61M | -37.17M | -13.21M | 4.21M |
| Other Operating Activities | 19.26M | -13.67M | -25.57M | -60.98M | -70.44M | 11.82M |
| Operating Cash Flow | -7.40M | -30.46M | 84.52M | 111.14M | 111.03M | 213.56M |
| Divestitures | -515.00K | |||||
| Net Decrease (Increase) in Loans Originated / Sold - Investing | 1.21B | 1.80B | 776.31M | -32.97M | -775.47M | -396.29M |
| Other Investing Activities | 7.03M | 6.11M | 4.95M | -4.28M | 5.03M | 23.09M |
| Investing Cash Flow | 1.30B | 1.87B | 779.91M | -39.34M | -773.30M | -373.20M |
| Long-Term Debt Issued | 931.25M | 1.47B | 1.03B | 2.25B | 2.00B | |
| Long-Term Debt Repaid | -2.68B | -2.27B | -1.02B | -1.32B | -1.80B | |
| Net Debt Issued (Repaid) | -1.38B | -1.75B | -804.58M | 4.51M | 929.28M | 202.50M |
| Preferred Share Repurchases | -125.00K | |||||
| Issuance of Common Stock | 103.04M | |||||
| Repurchase of Common Stock | -1.80M | -1.47M | -3.49M | -3.90M | -21.40M | -3.60M |
| Common Dividends Paid | -120.68M | -192.16M | -208.09M | -204.94M | ||
| Total Dividends Paid | -120.68M | -192.16M | -208.09M | -204.94M | ||
| Other Financing Activities | -34.14M | -27.35M | -17.07M | -13.52M | -23.50M | -34.07M |
| Financing Cash Flow | -1.41B | -1.78B | -945.82M | -205.07M | 676.30M | 62.80M |
| Net Cash Flow | -125.67M | 57.28M | -81.39M | -133.27M | 14.02M | -96.84M |
| Cash Interest Paid | 239.27M | 313.23M | 439.36M | 465.91M | 227.63M | 158.73M |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 160.84M | 429.07M | 629.92M | 1.89B | 2.04B | 2.30B |
| PE Ratio | 806.00 | 18.56 | 13.46 | |||
| PS Ratio | -1.38 | 68.60 | 14.63 | 10.65 | 8.97 | |
| PB Ratio | 0.13 | 0.28 | 0.31 | 0.82 | 0.83 | 0.88 |
| P/OCF Ratio | 7.45 | 17.01 | 18.33 | 10.75 | ||
| Debt / Equity Ratio | 2.07 | 2.05 | 2.44 | 2.42 | 2.20 | 1.75 |
| Net Debt / Equity Ratio | 2.00 | 1.94 | 2.38 | 2.33 | 2.07 | 1.64 |
| Quick Ratio | 4.38 | 431.80 | 19.84 | 16.23 | 15.65 | 7.53 |
| Current Ratio | 4.62 | 433.80 | 21.87 | 16.89 | 15.73 | 7.55 |
| Asset Turnover | 0.00 | 0.02 | 0.02 | 0.04 | ||
| Return on Equity (ROE) | -35.96% | -27.63% | -10.27% | 0.25% | 4.43% | 6.70% |
| Return on Assets (ROA) | -11.15% | -8.37% | -2.94% | 0.07% | 1.43% | 2.37% |
| Earnings Yield | -335.65% | -113.98% | -35.13% | 0.32% | 5.50% | 7.43% |
| Dividend Yield | 13.27% | 9.10% | 10.06% | 2.25% | ||
| Payout Ratio | 3,188.30% | 185.69% | 120.16% | |||
| Buyback Yield / Dilution | -0.77% | -0.66% | -0.44% | 0.50% | -3.54% | -1.17% |
| Total Shareholder Return | -0.77% | -0.66% | 12.83% | 9.59% | 6.52% | 1.08% |