Cim Real Estate Finance Trust, Inc. - Understand $cmrf stock

$CMRF Market Cap: $1.331 Billion

Research Board Inbox Deep Research Not Interested Shortlisted

Financial Snapshot

Revenue

$520.1M

TTM

Gross Margin

94.99%

TTM

Net Earnings

-$324.0M

TTM

Current Assets

Current Liabilities

Current Ratio

Total Assets

$5.366B

Q3 2024

Total Liabilities

$3.360B

Q3 2024

Book Value

$2.006B

Q3 2024

Cash

$193.8M

Q3 2024

P/E

-4.109

Nov 13, 2024 EST

Free Cash Flow

$96.72M

TTM

Revenues

Revenue YoY Change

Revenues

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012
Revenue	$568.9M	$452.1M	$365.7M	$290.9M	$413.4M	$431.3M	$424.1M	$407.5M	$367.7M	$256.3M	$102.6M	$7.837M
YoY Change	25.81%	23.63%	25.71%	-29.62%	-4.16%	1.69%	4.08%	10.8%	43.49%	149.89%	1208.63%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012
Revenue	$568.9M	$452.1M	$365.7M	$290.9M	$413.4M	$431.3M	$424.1M	$407.5M	$367.7M	$256.3M	$102.6M	$7.837M
Cost Of Revenue	$31.47M	$49.97M	$94.10M	$60.00M	$42.90M	$30.30M	$29.80M	$23.20M	$20.90M	$15.50M	$13.50M	$600.0K
Gross Profit	$537.4M	$402.2M	$271.6M	$230.9M	$370.5M	$401.0M	$394.3M	$384.3M	$346.8M	$240.8M	$89.10M	$7.300M
Gross Profit Margin	94.47%	88.95%	74.26%	79.37%	89.63%	92.98%	92.97%	94.32%	94.31%	93.96%	86.88%	93.15%

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012
Selling, General & Admin	$68.55M	$67.93M	$62.10M	$52.10M	$79.60M	$95.40M	$95.30M	$89.50M	$83.40M	$59.20M	$18.10M	$2.300M
YoY Change	0.91%	9.38%	19.19%	-34.55%	-16.56%	0.1%	6.48%	7.31%	40.88%	227.07%	686.96%
% of Gross Profit	12.76%	16.89%	22.86%	22.56%	21.48%	23.79%	24.17%	23.29%	24.05%	24.58%	20.31%	31.51%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$42.34M	$70.69M	$92.99M	$79.55M	$106.3M	$139.3M	$139.3M	$133.5M	$121.1M	$82.14M	$33.16M	$1.743M
YoY Change	-40.1%	-23.98%	16.9%	-25.14%	-23.73%	0.06%	4.27%	10.25%	47.46%	147.75%	1802.24%
% of Gross Profit	7.88%	17.58%	34.24%	34.45%	28.68%	34.75%	35.32%	34.75%	34.93%	34.11%	37.21%	23.88%
Operating Expenses	$245.4M	$168.0M	$160.2M	$201.4M	$304.8M	$302.2M	$270.9M	$258.3M	$243.5M	$210.9M	$113.3M	$19.85M
YoY Change	46.04%	4.88%	-20.46%	-33.93%	0.85%	11.57%	4.89%	6.05%	15.5%	86.18%	470.46%
Operating Profit	$292.0M	$323.2M	$174.7M	$45.44M	$289.2M	$135.3M	$170.2M	$152.1M	$124.2M	$45.43M	-$10.70M	-$12.02M
YoY Change	-9.65%	85.03%	284.42%	-84.29%	113.69%	-20.51%	11.93%	22.46%	173.39%	-524.74%	-10.99%

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012
Interest Expense	-$244.3M	$156.5M	$83.90M	$64.12M	$98.93M	$97.87M	-$90.70M	-$80.10M	-$59.20M	-$34.10M	-$22.20M	$1.729M
YoY Change	-256.06%	86.58%	30.86%	-35.19%	1.09%	-207.91%	13.23%	35.3%	73.61%	53.6%	-1384.02%
% of Operating Profit	-83.66%	48.43%	48.03%	141.1%	34.21%	72.32%	-53.28%	-52.67%	-47.67%	-75.06%
Other Income/Expense, Net	$35.57M	-$179.3M	-$88.19M	-$68.96M	-$106.2M	-$97.92M	-$90.69M	-$80.11M	-$59.20M	-$34.10M	-$22.18M	-$1.728M
YoY Change	-119.83%	103.37%	27.89%	-35.04%	8.42%	7.97%	13.2%	35.33%	73.59%	53.73%	1183.8%

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012
Pretax Income	$28.09M	$143.9M	$86.50M	-$23.50M	$183.0M	$37.40M	$79.60M	$72.00M	$65.00M	$11.20M	-$32.90M	-$13.70M
YoY Change	-80.48%	66.32%	-468.09%	-112.84%	389.3%	-53.02%	10.56%	10.77%	480.36%	-134.04%	140.15%
Income Tax
% Of Pretax Income
Net Earnings	$28.08M	$143.8M	$86.49M	-$23.52M	$182.9M	$37.28M	$79.42M	$71.84M	$64.77M	$11.19M	-$32.88M	-$13.74M
YoY Change	-80.47%	66.26%	-467.76%	-112.86%	390.64%	-53.06%	10.55%	10.92%	478.83%	-134.03%	139.23%
Net Earnings / Revenue	4.94%	31.8%	23.65%	-8.08%	44.25%	8.64%	18.73%	17.63%	17.61%	4.37%	-32.06%	-175.37%
Basic Earnings Per Share	$0.06	$0.33	$0.24	-$0.08	$0.59
Diluted Earnings Per Share	$0.06	$0.33	$0.24	-$0.08	$0.59	$119.7K	$254.7K	$230.2K	$209.5K	$38.34K	-$364.3K	-$1.593M

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012
Cash & Short-Term Investments	$247.5M	$119.0M	$107.4M	$121.4M	$466.0M	$10.50M	$4.700M	$9.800M	$26.30M	$55.30M	$300.6M	$13.90M
YoY Change	108.02%	10.78%	-11.53%	-73.95%	4338.1%	123.4%	-52.04%	-62.74%	-52.44%	-81.6%	2062.59%
Cash & Equivalents	$247.5M	$119.0M	$107.4M	$121.4M	$466.0M	$10.50M	$4.700M	$9.800M	$26.30M	$55.30M	$300.6M	$13.90M
Short-Term Investments
Other Short-Term Assets	$7.423M	$24.14M	$11.50M	$7.700M	$11.70M	$16.20M	$12.40M	$5.500M	$4.400M	$7.100M	$10.90M	$1.100M
YoY Change	-69.25%	109.94%	49.35%	-34.19%	-27.78%	30.65%	125.45%	25.0%	-38.03%	-34.86%	890.91%
Inventory
Prepaid Expenses
Receivables	$44.76M	$56.31M	$61.50M	$74.40M	$58.40M	$81.70M	$71.90M	$65.50M	$54.80M	$35.40M	$14.40M	$1.500M
Other Receivables	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Total Short-Term Assets	$299.7M	$199.4M	$180.4M	$203.5M	$536.1M	$108.4M	$89.00M	$80.80M	$85.50M	$97.80M	$325.9M	$16.50M
YoY Change	50.27%	10.55%	-11.35%	-62.04%	394.56%	21.8%	10.15%	-5.5%	-12.58%	-69.99%	1875.15%
Property, Plant & Equipment	$1.211B	$2.180B	$2.615B	$3.311B	$2.469B	$4.401B	$4.628B	$4.534B	$4.466B	$3.905B	$2.184B	$520.1M
YoY Change	-44.47%	-16.63%	-21.02%	34.08%	-43.89%	-4.89%	2.06%	1.52%	14.37%	78.79%	319.9%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments	$646.5M	$677.0M	$215.0M	$38.20M				$0.00	$18.40M	$19.20M	$19.10M
YoY Change	-4.51%	214.88%	462.83%					-100.0%	-4.17%	0.52%
Other Assets	$25.20M	$74.05M	$1.344B	$14.80M	$359.2M	$15.90M	$9.100M	$8.000M	$8.300M	$4.600M	$8.200M	$500.0K
YoY Change	-65.96%	-94.49%	8978.38%	-95.88%	2159.12%	74.73%	13.75%	-3.61%	80.43%	-43.9%	1540.0%
Total Long-Term Assets	$6.147B	$6.933B	$6.782B	$4.256B	$3.133B	$4.509B	$4.640B	$4.544B	$4.497B	$3.934B	$2.226B	$525.7M
YoY Change	-11.34%	2.21%	59.36%	35.87%	-30.53%	-2.82%	2.12%	1.04%	14.31%	76.74%	323.38%
Total Assets	$6.446B	$7.132B	$6.963B	$4.460B	$3.669B	$4.617B	$4.729B	$4.624B	$4.582B	$4.032B	$2.552B	$542.2M
YoY Change
Accounts Payable	$54.14M	$41.75M	$14.60M	$14.70M	$14.50M	$5.200M	$2.000M	$5.300M	$5.600M	$5.500M	$7.500M	$2.200M
YoY Change	29.66%	185.97%	-0.68%	1.38%	178.85%	160.0%	-62.26%	-5.36%	1.82%	-26.67%	240.91%
Accrued Expenses	$2.000M	$2.100M	$2.300M	$2.700M
YoY Change	-4.76%	-8.7%	-14.81%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$72.18M	$58.68M	$61.50M	$28.40M	$31.00M	$21.70M	$18.50M	$41.80M	$43.00M	$21.70M	$18.10M	$6.500M
YoY Change	23.01%	-4.59%	116.55%	-8.39%	42.86%	17.3%	-55.74%	-2.79%	98.16%	19.89%	178.46%
Long-Term Debt	$3.924B	$4.423B	$4.143B	$2.145B	$1.605B	$2.517B	$2.472B	$2.246B	$2.067B	$1.459B	$696.9M	$274.6M
YoY Change	-11.28%	6.75%	93.16%	33.65%	-36.24%	1.82%	10.04%	8.7%	41.66%	109.33%	153.79%
Other Long-Term Liabilities	$15.79M	$24.23M	$43.90M	$57.40M	$40.00M	$52.70M	$57.10M	$64.20M	$79.90M	$77.20M	$55.50M	$11.50M
YoY Change	-34.83%	-44.81%	-23.52%	43.5%	-24.1%	-7.71%	-11.06%	-19.65%	3.5%	39.1%	382.61%
Total Long-Term Liabilities	$3.940B	$4.447B	$4.187B	$2.202B	$1.645B	$2.570B	$2.529B	$2.311B	$2.147B	$1.536B	$752.4M	$286.1M
YoY Change	-11.41%	6.21%	90.12%	33.89%	-35.99%	1.61%	9.45%	7.64%	39.75%	104.15%	162.98%
Total Liabilities	$4.012B	$4.506B	$4.264B	$2.261B	$1.698B	$2.616B	$2.572B	$2.358B	$2.195B	$1.583B	$783.2M	$294.7M
YoY Change	-10.96%	5.66%	88.58%	33.18%	-35.11%	1.72%	9.09%	7.4%	38.66%	102.13%	165.76%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2023	2022	2021	2020	2019
Basic Shares Outstanding	437.4M shares	437.3M shares	365.7M shares	311.8M shares	311.3M shares
Diluted Shares Outstanding	437.4M shares	437.3M shares	365.7M shares	311.8M shares	311.3M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Stock Price

Market Cap: $1.3313 Billion

About CIM REAL ESTATE FINANCE TRUST, INC.

CIM Real Estate Finance Trust, Inc. is a real estate investment trust company, which engages in the acquisition of core commercial real estate assets consisting of retail and net lease properties. The company is headquartered in Phoenix, Arizona and currently employs 0 full-time employees. The company went IPO on 2020-10-22. The firm is primarily focused on originating, acquiring, financing and managing shorter duration senior secured loans, other related credit investments and core commercial real estate. The Company’s segments include Credit and Real estate. The Credit segment is engaged primarily in acquiring and originating primarily floating rate first and second lien mortgage loans, either directly or through co-investments in joint ventures, related to real estate assets. This segment also includes investments in real estate-related securities, liquid corporate senior loans and corporate senior loans. Its Real estate segment is engaged primarily in acquiring and managing geographically diversified income-producing retail, industrial and office properties that are primarily single-tenant properties, which are leased to creditworthy tenants under long-term net leases. The company owns over 192 properties.

Industry: Real Estate Investment Trusts Peers: