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Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2022
Revenues:      
Revenues $ 193,920 $ 236,164 $ 199,980
Loan investment interest income 1,400 0 0
Loan investment interest expense (87) 0 0
Income from loan investments, net 1,313 0 0
Rental property revenues 1,604 0 0
Total reimbursable costs 700,776 726,152 632,523
Total revenues 897,613 962,316 832,503
Expenses:      
Compensation and benefits 170,357 136,355 129,872
Equity based compensation 10,624 12,488 10,136
Separation costs 6,297 2,002 1,315
Total compensation and benefits expense 187,278 150,845 141,323
General and administrative 43,743 36,019 32,919
Other reimbursable expenses 608,688 656,401 568,767
Rental property expenses 462 0 0
Transaction and acquisition related costs 7,750 4,221 132
Depreciation and amortization 4,713 1,102 993
Total expenses 852,634 848,588 744,134
Operating income 44,979 113,728 88,369
Change in fair value of Earnout liability 2,589 0 0
Interest income 10,403 10,574 1,322
Interest expense (783) 0 0
Gain on equity method investments 7,260 25,237 1,010
Income before income tax expense 64,448 149,539 90,701
Income tax expense (11,319) (21,768) (13,233)
Net income 53,129 127,771 77,468
Net income attributable to noncontrolling interest in The RMR Group LLC (30,039) (70,624) (43,464)
Net loss attributable to noncontrolling interest in consolidated entity 40 0 0
Net income attributable to The RMR Group Inc. $ 23,130 $ 57,147 $ 34,004
Weighted average common shares outstanding - basic (in shares) 16,532 16,426 16,338
Weighted average common shares outstanding - diluted (in shares) 16,532 16,426 31,348
Net income attributable to The RMR Group Inc. per common share - basic (in dollars per share) $ 1.38 $ 3.44 $ 2.06
Net income attributable to The RMR Group Inc. per common share - diluted (in dollars per share) $ 1.38 $ 3.44 $ 2.04
Management services      
Revenues:      
Revenues $ 188,201 $ 185,702 $ 195,450
Termination and incentive fees      
Revenues:      
Revenues 1,213 45,942 0
Advisory services      
Revenues:      
Revenues 4,506 4,520 4,530
Reimbursable compensation and benefits      
Revenues:      
Total reimbursable costs 84,169 59,925 56,684
Reimbursable equity based compensation      
Revenues:      
Total reimbursable costs 7,919 9,826 7,072
Other reimbursable expenses      
Revenues:      
Total reimbursable costs $ 608,688 $ 656,401 $ 568,767