CMTGClaros Mortgage Trust, Inc.
Real Estate
- Revenue
- $188M
- 24% YoY
- Operating margin
- —
- EBITDA
- —
- Market cap
- —
- Employees
- —
- Net debt / EBITDA
- —
- $2.5B net debt
- AI in 10-K
- —
Red flags 0 of 9
- TSR below peersClear—3+ of last 5 years
- High CEO pay despite TSRClear—Median CEO pay ≥ $15M and TSR flag
- Active 13DClear0 filingsActive-intent 13D in 18 months
- Net insider sellingClear$0 netNet sales over $10M in 12 months
- Earnings not backed by cashClear—Cash flow under 80% of net income
- Dilutive SBCClear8% of revenueOver 10% of revenue
- Payouts exceed cash flowClear-70% of cash flowBuybacks + dividends over cash flow
- Goodwill-heavyClear—Over 40% of assets
- Shareholder dissentClear—Any vote under 80% support
Financials
| Metric | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | YoY |
|---|---|---|---|---|---|---|
| Revenue | $263M | $287M | $307M | $248M | $188M | 24% |
| Net income | $171M | $112M | $6M | −$221M | −$489M | 121% |
| Operating cash flow | $214M | $111M | $111M | $85M | −$30M | 136% |
| Stock-based comp | $9M | $8M | $17M | $18M | $14M | 22% |
| Buybacks | $4M | $21M | — | — | — | |
| Dividends | $205M | $208M | $192M | $121M | $0 | 100% |
Deal filings
None.
13D filers
None on file.
Insider trading
- Open-market buys, 12 mo
- $351K · 2
- Open-market sells, 12 mo
- $0 · 0
- Net
- $351K
Pay vs performance
| Year | CEO total comp | Comp actually paid | TSR (indexed) | Peer TSR |
|---|---|---|---|---|
| FY2025 | $757K | −$10K | 24 | 118 |
| FY2024 | $3M | −$4M | 36 | 93 |
| FY2023 | $3M | $4M | 100 | 82 |
| FY2022 | $14M | $12M | 98 | 72 |
| FY2021 | $0 | $0 | 99 | 95 |