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Complete financial analysis of Claros Mortgage Trust, Inc. (CMTG) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Claros Mortgage Trust, Inc., a leading company in the REIT – Mortgage industry within the Real Estate sector.
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Claros Mortgage Trust, Inc. (CMTG)
About Claros Mortgage Trust, Inc.
Claros Mortgage Trust, Inc. is a real estate investment trust that focuses primarily on originating senior and subordinate loans on transitional commercial real estate assets located in principal markets across the United States. The company is qualified as a real estate investment trust (REIT) under the Internal Revenue Code. As a REIT, its net income would be exempt from federal taxation to the extent that it is distributed as dividends to shareholders. The company was incorporated in 2015 and is based in New York, New York.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|
| Revenue | 129.83M | 270.20M | 248.30M | 273.07M | 249.72M | 167.17M |
| Cost of Revenue | 149.52M | 84.36M | 42.59M | 46.73M | 42.83M | 28.07M |
| Gross Profit | -19.69M | 185.84M | 205.72M | 226.34M | 206.89M | 139.10M |
| Gross Profit Ratio | -15.16% | 68.78% | 82.85% | 82.89% | 82.85% | 83.21% |
| Research & Development | 0.00 | 0.35 | 0.65 | 0.75 | 0.70 | 0.83 |
| General & Administrative | 16.61M | 26.14M | 60.54M | 61.40M | 75.71M | 32.43M |
| Selling & Marketing | 16.60M | 0.00 | 0.00 | 0.00 | 0.00 | -32.43M |
| SG&A | 33.20M | 26.14M | 60.54M | 61.40M | 75.71M | 0.79 |
| Other Expenses | 0.00 | 23.30M | 5.86M | -132.06M | -156.67M | 4.18M |
| Operating Expenses | 49.50M | 41.98M | 66.39M | -70.66M | -80.96M | 28.25M |
| Cost & Expenses | 122.42M | 129.80M | 66.39M | -70.66M | -80.96M | 28.25M |
| Interest Income | 697.87M | 470.67M | 415.26M | 445.94M | 389.36M | 0.00 |
| Interest Expense | 470.51M | 261.11M | 196.23M | 172.23M | 139.75M | 0.00 |
| Depreciation & Amortization | 708.00K | 109.59M | 92.73M | 67.40M | 75.71M | 32.43M |
| EBITDA | 0.00 | 216.24M | 176.90M | 202.41M | 168.76M | 134.74M |
| EBITDA Ratio | 0.00% | 140.47% | 71.55% | 74.12% | 67.58% | -1.98% |
| Operating Income | 107.53M | 371.51M | 170.55M | 202.41M | 168.76M | 134.74M |
| Operating Income Ratio | 82.82% | 137.49% | 68.69% | 74.12% | 67.58% | 80.60% |
| Total Other Income/Expenses | -101.50M | -96.05M | 31.00K | 171.59M | 279.92M | 4.18M |
| Income Before Tax | 6.03M | 112.16M | 170.39M | 205.67M | 174.05M | 134.74M |
| Income Before Tax Ratio | 4.64% | 41.51% | 68.62% | 75.32% | 69.70% | 80.60% |
| Income Tax Expense | 0.00 | -1.67M | -164.00K | 3.26M | 5.29M | 134.74M |
| Net Income | 6.03M | 112.06M | 170.55M | 202.41M | 168.76M | 138.92M |
| Net Income Ratio | 4.64% | 41.47% | 68.69% | 74.12% | 67.58% | 83.10% |
| EPS | 0.02 | 0.80 | 1.27 | 1.44 | 1.20 | 148.93M |
| EPS Diluted | 0.02 | 0.80 | 1.27 | 1.44 | 1.20 | 148.93M |
| Weighted Avg Shares Out | 138.62M | 139.31M | 134.54M | 140.88M | 140.88M | 0.93 |
| Weighted Avg Shares Out (Dil) | 138.62M | 139.31M | 134.54M | 140.88M | 140.88M | 0.93 |
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