RMR GROUP INC. reported financial results for the fiscal quarter ended March 31, 2026.
“On May 6, 2026, The RMR Group Inc., or the Company, issued a summary press release and a detailed earnings presentation announcing the Company’s financial results for its second fiscal quarter ended March 31, 2026.”
Governance Changes
RMR GROUP INC.: The Board of Directors adopted Articles of Amendment to increase the number of authorized shares of Class A common stock by 550,000 (effective 2024-12-19).
“On December 19, 2024, our Board of Directors adopted Articles of Amendment to increase the number of authorized shares of our Class A common stock by 550,000 to ensure that there are sufficient shares available for issuance under our Amended and Restated 2016 Omnibus Equity Plan and any amendments thereto. The Articles of Amendment were filed with the State Department of Assessments and Taxation of Maryland on December 19, 2024 and effective that same day.”
Earnings Releases
RMR GROUP INC. reported financial results for second fiscal quarter ended March 31, 2024.
“The RMR Group Inc. (Nasdaq: RMR) today announced its financial results for the fiscal quarter ended March 31, 2024”
Shareholder Votes
RMR GROUP INC. shareholders approved Ratification of the appointment of Deloitte & Touche LLP as the Company's independent auditors for the 2024 fiscal year at the 2024-03-27 meeting.
“The Company’s shareholders also ratified the appointment of Deloitte & Touche LLP as the Company’s independent auditors to serve for the 2024 fiscal year. This proposal received the following votes: For Against Abstain Broker Non-Votes 174,358,268 15,892 7,229”
Shareholder Votes
RMR GROUP INC. shareholders approved Non-binding advisory resolution on the compensation paid to the Company's named executive officers at the 2024-03-27 meeting.
“The Company’s shareholders also voted on a non-binding advisory resolution on the compensation paid to the Company’s named executive officers as disclosed pursuant to Item 402 of Regulation S-K in the Company’s proxy statement for the 2024 Annual Meeting. This proposal received the following votes: For Against Abstain Broker Non-Votes 171,571,365 1,671,662 55,172 1,083,190”
Shareholder Votes
RMR GROUP INC. shareholders approved Election of six Directors to the Company's Board of Directors at the 2024-03-27 meeting.
“The following persons were elected as Directors and received the following votes: Nominee Votes For Withhold Broker Non-Votes Jennifer B. Clark 172,440,675 857,524 1,083,190 Ann Logan 169,399,861 3,898,338 1,083,190 Rosen Plevneliev 169,405,965 3,892,234 1,083,190 Adam D. Portnoy 169,171,456 4,126,743 1,083,190 Jonathan Veitch 168,220,755 5,077,444 1,083,190 Walter C. Watkins, Jr. 169,389,227 3,908,972 1,083,190”
Earnings Releases
RMR GROUP INC. reported financial results for first fiscal quarter ended December 31, 2023.
“On February 7, 2024, The RMR Group Inc., or the Company, issued a summary press release and a detailed earnings presentation announcing the Company’s financial results for its first fiscal quarter ended December 31, 2023.”
M&A Transactions
RMR GROUP INC. completed an acquisition involving MPC Partnership Holdings LLC (CARROLL) for $80 million in cash (closed 2023-12-19).
“On December 19, 2023, RMR LLC completed its acquisition of the issued and outstanding equity interests of MPC for $80 million in cash, subject to customary adjustments for MPC’s cash, debt, transaction expenses and working capital at closing.”
Jennifer Francis departed as Executive Vice President at RMR GROUP INC..
“Ms. Francis will continue to serve as an employee of RMR LLC until July 1, 2024 (the “Retirement Date”).”
Earnings Releases
RMR GROUP INC. reported financial results for third fiscal quarter ended June 30, 2023.
“issued a summary press release and a detailed earnings presentation announcing the Company’s financial results for its third fiscal quarter ended June 30, 2023”
Material Agreements
RMR GROUP INC. entered into Purchase Agreement with MPC Partnership Holdings LLC, the sellers set forth on the signature pages thereto, and the seller owners set forth on the signature pages thereto valued at $80 million in cash, subject to customary adjustments for cash, debt, transaction expenses, working (effective 2023-07-29).
“On July 29, 2023, The RMR Group LLC (“RMR LLC”), a Maryland limited liability company and a majority-owned operating subsidiary of The RMR Group Inc. (the “Company”), entered into an equity purchase agreement (the “Purchase Agreement”), with MPC Partnership Holdings LLC, a Georgia limited liability company (“MPC”), the sellers set forth on the signature pages thereto (collectively, the “Sellers”), the seller owners set forth on the signature pages thereto (collectively, the “Seller Owners”), and, solely in his capacity as the Seller Representative, James A. Rubright.”
Earnings Releases
RMR GROUP INC. reported financial results for second fiscal quarter ended March 31, 2023.
“On May 3, 2023, The RMR Group Inc., or the Company, issued a summary press release and a detailed earnings presentation announcing the Company’s financial results for its second fiscal quarter ended March 31, 2023.”
Shareholder Votes
RMR GROUP INC. shareholders approved Ratification of the appointment of Deloitte & Touche LLP as the Company's independent auditors for the 2023 fiscal year at the 2023-03-29 meeting.
“The Company’s shareholders also ratified the appointment of Deloitte & Touche LLP as the Company’s independent auditors to serve for the 2023 fiscal year.”
Shareholder Votes
RMR GROUP INC. shareholders approved Non-binding advisory resolution on the compensation paid to the Company's named executive officers at the 2023-03-29 meeting.
“The Company’s shareholders also voted on a non-binding advisory resolution on the compensation paid to the Company’s named executive officers as disclosed pursuant to Item 402 of Regulation S-K in the 2023 Proxy Statement.”
Shareholder Votes
RMR GROUP INC. shareholders approved Election of six Directors to the Board for a term expiring at the 2024 annual meeting at the 2023-03-29 meeting.
“At the Company’s annual meeting of shareholders held on March 29, 2023, the Company’s shareholders voted on the election of six Directors to the Company’s Board of Directors (the “Board”) each for a term of office continuing until the Company’s 2024 annual meeting of shareholders and until her, his or their respective successor is duly elected and qualifies.”
Jonathan M. Pertchik departed as Executive Vice President at RMR GROUP INC..
“The Company’s majority owned subsidiary, The RMR Group LLC (“RMR LLC”), entered into a letter agreement (the “Separation Agreement”), dated March 27, 2023, with Jonathan M. Pertchik, an Executive Vice President of RMR LLC.”
Earnings Releases
RMR GROUP INC. reported financial results for first fiscal quarter ended December 31, 2022.
“On February 2, 2023, The RMR Group Inc., or the Company, issued a summary press release and a detailed earnings presentation announcing the Company’s financial results for its first fiscal quarter ended December 31, 2022.”
Earnings Releases
RMR GROUP INC. reported the three months ended September 30, 2022 results: revenue $51.7 million, net income $12.0 million, EPS $0.73 per diluted share.
“regarding the fourth quarter fiscal 2022 results: “Despite ongoing macroeconomic headwinds and market volatility, management and advisory services revenues this quarter were $51.7 million, demonstrating our significant fee stability. Revenues this quarter also reflect continued growth in construction management fees and increases in fees from our Managed Operating”
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