Filing Flows › Comparisons › CMTG vs TRC
Claros Mortgage Trust vs Tejon Ranch: CMTG and TRC compared
Claros Mortgage Trust is the larger company: $32.6M of revenue in its latest quarter (Q3 2026) against $22.6M for Tejon Ranch (Q3 2026). Tejon Ranch is growing faster (+89% against -29% a year earlier). Tejon Ranch is more profitable, with an operating margin of 10.5% against -43.7%.
Where the money goes: CMTG and TRC
Claros Mortgage Trust (CMTG) · Q3 2026
Claros Mortgage Trust, Q3 2026: revenue $32.6M (-29% year over year), operating margin -43.7%, net loss $14.3M, operating cash flow $8.0M. The chart follows the revenue to costs, profit and cash.
Tejon Ranch (TRC) · Q3 2026
Tejon Ranch, Q3 2026: revenue $22.6M (+89% year over year), operating margin 10.5%, net earnings $3.3M, operating cash flow $2.6M. The chart follows the revenue to costs, profit and cash.
| Claros Mortgage Trust (CMTG) | Tejon Ranch (TRC) | |
|---|---|---|
| Latest quarter | Q3 2026 | Q3 2026 |
| Revenue | $32.6M | $22.6M |
| Revenue growth, Y/Y | -29% | +89% |
| Gross margin | — | 33.0% |
| Operating margin | -43.7% | 10.5% |
| Net earnings | −$14.3M | $3.3M |
| Net margin | -43.7% | 14.6% |
| Operating cash flow | $8.0M | $2.6M |
Questions
Which is bigger, Claros Mortgage Trust or Tejon Ranch?
Claros Mortgage Trust is the larger company: $32.6M of revenue in its latest quarter (Q3 2026) against $22.6M for Tejon Ranch (Q3 2026).
Is Claros Mortgage Trust or Tejon Ranch growing faster?
Tejon Ranch is growing faster (+89% against -29% a year earlier).
Which is more profitable, Claros Mortgage Trust or Tejon Ranch?
Tejon Ranch is more profitable, with an operating margin of 10.5% against -43.7%.
More: Claros Mortgage Trust earnings · how Claros Mortgage Trust makes money · Tejon Ranch earnings · how Tejon Ranch makes money
From the companies' latest 10-Q, 10-K or earnings release (10-Q filed Nov 3, 2026; 10-Q filed Nov 5, 2026). Fiscal quarters can end on different dates. Not investment advice.