GMRE
Global Medical REIT Inc.
NYSE: GMRE · REAL ESTATE · REIT - HEALTHCARE FACILITIES
$35.98
-0.03% today
Updated 2026-02-20
Market cap
$979.78M
P/E ratio
—
P/S ratio
6.77x
EPS (TTM)
$-0.26
Dividend yield
10.00%
52W range
$26 – $38
Volume
0.1M
Global Medical REIT Inc. (GMRE) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | — | — | $380405.00 | $2.06M | $8.08M | $30.22M | $53.19M | $70.73M | $93.52M | $115.80M | $137.17M | $140.93M | $138.41M | $148.21M |
| Revenue growth (YoY) | — | — | — | +442.0% | +291.9% | +274.1% | +76.0% | +33.0% | +32.2% | +23.8% | +18.4% | +2.7% | -1.8% | +7.1% |
| Cost of revenue | — | — | $360000.00 | $1.02M | $1.43M | $1.86M | $3.72M | $6.54M | $10.87M | $15.49M | $25.19M | $28.08M | $29.25M | $32.62M |
| Gross profit | — | — | $20405.00 | $1.04M | $6.65M | $28.36M | $49.47M | $64.19M | $82.65M | $100.32M | $111.98M | $112.85M | $109.16M | $115.06M |
| Gross margin | — | — | 5.4% | 50.5% | 82.3% | 93.8% | 93.0% | 90.8% | 88.4% | 86.6% | 81.6% | 80.1% | 78.9% | 77.6% |
| R&D | — | — | — | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | — | — |
| SG&A | $50108.00 | $45338.00 | $604866.00 | $865141.00 | $5.73M | $8.61M | $9.96M | $6.54M | $29.96M | $16.45M | $16.55M | $16.85M | $21.12M | $20.00M |
| Operating income | $-50108.00 | $-45338.00 | $-652206.00 | $-1.52M | $-2.21M | $7.35M | $22.24M | $49.94M | $16.55M | $36.99M | $38.71M | $37.86M | $32.68M | $36.02M |
| Operating margin | — | — | -171.5% | -74.0% | -27.4% | 24.3% | 41.8% | 70.6% | 17.7% | 31.9% | 28.2% | 26.9% | 23.6% | 24.3% |
| EBITDA | $-50108.00 | $-45338.00 | $-224461.00 | $569526.00 | $2.48M | $17.35M | $40.20M | $50.82M | $53.00M | $85.35M | $102.89M | $111.64M | $91.47M | $77.68M |
| EBITDA margin | — | — | -59.0% | 27.6% | 30.8% | 57.4% | 75.6% | 71.9% | 56.7% | 73.7% | 75.0% | 79.2% | 66.1% | 52.4% |
| EBIT | $-50108.00 | $-45338.00 | $-353542.00 | $-90145.00 | $-7.94M | $-5.65M | $8.87M | $27.06M | $16.18M | $38.04M | $45.23M | $52.63M | $35.38M | $19.64M |
| Interest expense | $0.00 | $0.00 | $298664.00 | $1.52M | $4.14M | $7.43M | $14.97M | $17.47M | $18.68M | $19.70M | $25.23M | $30.89M | $28.69M | $31.75M |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $-50108.00 | $-45338.00 | $-652206.00 | $-1.61M | $-6.35M | $-38000.00 | $13.49M | $9.23M | $-1.93M | $17.62M | $19.14M | $20.61M | $6.63M | $-12.12M |
| Net income growth (YoY) | — | +9.5% | -1338.5% | -146.7% | -294.8% | +99.4% | +35600.0% | -31.5% | -120.8% | +1015.4% | +8.6% | +7.7% | -67.8% | -282.7% |
| Profit margin | — | — | -171.5% | -78.1% | -78.6% | -0.1% | 25.4% | 13.1% | -2.1% | 15.2% | 14.0% | 14.6% | 4.8% | -8.2% |