RMAX · Re/Max Holdings, Inc. - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $70.23M | - | $73.25M | $72.75M | $74.47M | - | $78.48M | $78.45M | $78.29M | - |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - | - | - |
| R&D | - | - | - | - | - | - | - | - | - | - |
| SG&A | $46.81M | - | $32.45M | $33.89M | $43.03M | - | $35.93M | $34.85M | $45.70M | - |
| Total Operating Expenses | $78.05M | - | $54.93M | $58.70M | $69.10M | - | $63.27M | $62.28M | $73.76M | - |
| D&A | $5.88M | - | $6.44M | $6.60M | $6.59M | - | $7.24M | $7.40M | $7.85M | - |
| Operating Income | ($7.82M) | - | $18.31M | $14.04M | $5.37M | - | $15.21M | $16.18M | $4.52M | - |
| Interest Expense | $212.0K | - | - | - | - | - | - | - | $9.26M | - |
| Income Tax | $1.62M | - | $3.79M | $163.0K | $1.87M | - | $3.51M | $1.47M | $1.50M | - |
| Net Income | ($9.74M) | - | $3.99M | $4.68M | ($1.96M) | - | $966.0K | $3.71M | ($3.35M) | - |
| EPS - Basic | - | - | - | - | - | - | - | - | - | - |
| EPS - Diluted | - | - | - | - | - | - | - | - | - | - |
Balance Sheet
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $107.13M | $118.74M | $107.48M | $94.31M | $89.11M | $96.62M | $83.78M | $66.06M | $82.08M | $82.62M |
| Accounts Receivable | - | - | - | - | - | - | - | - | - | - |
| Inventory | - | - | - | - | - | - | - | - | - | - |
| Accounts Payable | $6.81M | $3.99M | $3.88M | $4.72M | $3.38M | $5.76M | $5.35M | $3.09M | $3.07M | $4.70M |
| Current Assets | $232.89M | $240.14M | $235.32M | $220.90M | $214.62M | $218.51M | $201.89M | $188.78M | $175.73M | $176.56M |
| Total Assets | $572.35M | $582.48M | $582.20M | $574.80M | $571.39M | $581.59M | $578.65M | $571.37M | $566.72M | $577.15M |
| Current Liabilities | $148.24M | $141.77M | $142.75M | $140.60M | $145.10M | $154.70M | $147.70M | $143.68M | $144.87M | $149.32M |
| Long-term Debt | $431.36M | $432.15M | $433.29M | $434.37M | $435.31M | $436.24M | $437.18M | $438.11M | $439.04M | $439.98M |
| Total Liabilities | $614.00M | $611.46M | $617.05M | $618.36M | $626.91M | $639.99M | $640.41M | $640.52M | $644.58M | $653.21M |
| Stockholders' Equity | $446.15M | $452.41M | $448.13M | $442.43M | $433.51M | $429.48M | $423.11M | $418.42M | $412.03M | $411.06M |
| Retained Earnings | ($135.91M) | ($126.07M) | ($127.35M) | ($131.33M) | ($136.01M) | ($133.73M) | ($139.52M) | ($140.49M) | ($144.16M) | ($140.22M) |
Cash Flow
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | ($1.84M) | - | - | - | $5.66M | - | - | - | $9.38M | - |
| Investing Cash Flow | ($2.42M) | - | - | - | ($1.69M) | - | - | - | ($2.43M) | - |
| Financing Cash Flow | ($5.59M) | - | - | - | ($6.53M) | - | - | - | ($4.35M) | - |
| CapEx | $2.42M | - | - | - | $1.69M | - | - | - | $2.62M | - |
| Free Cash Flow | ($4.26M) | - | - | - | $3.97M | - | - | - | $6.76M | - |
Ratios
| Metric | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | - | - | - | - | - | - | - | - | - | - |
| Operating margin | -11.1% | - | 25.0% | 19.3% | 7.2% | - | 19.4% | 20.6% | 5.8% | - |
| EBITDA margin | -2.8% | - | 33.8% | 28.4% | 16.1% | - | 28.6% | 30.0% | 15.8% | - |
| Net margin | -13.9% | - | 5.4% | 6.4% | -2.6% | - | 1.2% | 4.7% | -4.3% | - |
| Free cash flow margin | -6.1% | - | - | - | 5.3% | - | - | - | 8.6% | - |
| FCF / Net income | 0.44 | - | - | - | -2.03 | - | - | - | -2.02 | - |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | 66.7% | - | 44.3% | 46.6% | 57.8% | - | 45.8% | 44.4% | 58.4% | - |
| Effective tax rate | - | - | 48.7% | 3.4% | - | - | 78.4% | 28.4% | - | - |
| Return on assets | -1.7% | - | 0.7% | 0.8% | -0.3% | - | 0.2% | 0.6% | -0.6% | - |
| Return on equity | -2.2% | - | 0.9% | 1.1% | -0.5% | - | 0.2% | 0.9% | -0.8% | - |
| Return on invested capital | -0.7% | - | 1.1% | 1.5% | 0.5% | - | 0.9% | 1.4% | 0.4% | - |
| Liquidity | ||||||||||
| Current ratio | 1.57 | 1.69 | 1.65 | 1.57 | 1.48 | 1.41 | 1.37 | 1.31 | 1.21 | 1.18 |
| Quick ratio | 1.57 | 1.69 | 1.65 | 1.57 | 1.48 | 1.41 | 1.37 | 1.31 | 1.21 | 1.18 |
| Cash ratio | 0.72 | 0.84 | 0.75 | 0.67 | 0.61 | 0.62 | 0.57 | 0.46 | 0.57 | 0.55 |
| Leverage | ||||||||||
| Debt / Equity | 0.97 | 0.96 | 0.97 | 0.98 | 1.00 | 1.02 | 1.03 | 1.05 | 1.07 | 1.07 |
| Debt / Assets | 0.75 | 0.74 | 0.74 | 0.76 | 0.76 | 0.75 | 0.76 | 0.77 | 0.77 | 0.76 |
| Debt / EBITDA | - | - | 17.50 | 21.04 | 36.41 | - | 19.48 | 18.58 | 35.48 | - |
| Interest coverage | -36.9x | - | - | - | - | - | - | - | 0.5x | - |
| Equity multiplier | 1.28 | 1.29 | 1.30 | 1.30 | 1.32 | 1.35 | 1.37 | 1.37 | 1.38 | 1.40 |
| Liabilities / Assets | 1.07 | 1.05 | 1.06 | 1.08 | 1.10 | 1.10 | 1.11 | 1.12 | 1.14 | 1.13 |
| Efficiency | ||||||||||
| Asset turnover | 0.12 | - | 0.13 | 0.13 | 0.13 | - | 0.14 | 0.14 | 0.14 | - |
| Inventory turnover | - | - | - | - | - | - | - | - | - | - |
| Days sales outstanding | - | - | - | - | - | - | - | - | - | - |
| Days inventory outstanding | - | - | - | - | - | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - | - | - | - | - | - |
| Cash conversion cycle | - | - | - | - | - | - | - | - | - | - |
| Valuation | ||||||||||
| P / E | - | - | - | - | - | - | - | - | - | - |
| P / B | - | - | - | - | - | - | - | - | - | - |
| P / S | - | - | - | - | - | - | - | - | - | - |
| EV / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Growth | ||||||||||
| Revenue growth (YoY) | -5.7% | - | -6.7% | -7.3% | -4.9% | - | -3.4% | -4.8% | -8.3% | - |
| Revenue CAGR (3y) | -6.3% | - | -6.3% | -7.6% | -6.5% | - | -4.8% | 0.5% | 2.7% | - |
| Revenue CAGR (5y) | -0.6% | - | 0.6% | 6.9% | 1.2% | - | 1.9% | 1.9% | 1.9% | - |
| Gross profit growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| Operating income growth (YoY) | - | - | 20.4% | -13.2% | 18.6% | - | - | 23.0% | -34.5% | - |
| Net income growth (YoY) | -397.5% | - | 312.6% | 26.5% | 41.6% | - | - | 84.3% | -399.7% | - |
| EPS growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| EPS CAGR (3y) | - | - | - | - | - | - | - | - | - | - |
| EPS CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| FCF growth (YoY) | - | - | - | - | -41.3% | - | - | - | 329.3% | - |
| FCF CAGR (5y) | - | - | - | - | -19.4% | - | - | - | -18.2% | - |
| Book value growth (YoY) | 2.9% | 5.3% | 5.9% | 5.7% | 5.2% | 4.5% | 1.5% | -12.4% | -13.3% | -14.6% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-12-31.
Business segments
$583.20M totalReportable Segment Aggregation Before Other Operating Segment$291.60M · 50.0%
Franchising Segment$205.09M · 35.2%
Marketing Funds$72.83M · 12.5%
Mortgage$13.67M · 2.3%
Product / service
$414.53M totalFee Revenue$122.93M · 29.7%
Continuing Franchise Fees$112.86M · 27.2%
Marketing Funds$72.83M · 17.6%
Broker Fees$53.69M · 13.0%
Annual Dues$30.46M · 7.3%
Franchise Sales And Other Revenue$21.75M · 5.2%
Geographic
$72.83M totalUS$54.31M · 74.6%
CA$17.30M · 23.8%
Global And Other$1.22M · 1.7%
Peer comparison
Same SIC group: Real Estate Agents & Managers (For Others)
Comparing RE/MAX Holdings against the 5 most active filers in the same SIC group.
Dividends
$0.00/share trailing 12 months
| Ex-date | Per share |
|---|---|
| Aug 14, 2023 | $0.2300 |
| May 16, 2023 | $0.2300 |
| Mar 7, 2023 | $0.2300 |
| Nov 15, 2022 | $0.2300 |
| Aug 15, 2022 | $0.2300 |
| May 10, 2022 | $0.2300 |
| Mar 3, 2022 | $0.2300 |
| Nov 16, 2021 | $0.2300 |
| Aug 16, 2021 | $0.2300 |
| May 18, 2021 | $0.2300 |
| Mar 2, 2021 | $0.2300 |
| Nov 17, 2020 | $0.2200 |
| Aug 18, 2020 | $0.2200 |
| May 18, 2020 | $0.2200 |
| Mar 3, 2020 | $0.2200 |
| Nov 12, 2019 | $0.2100 |
| Aug 13, 2019 | $0.2100 |
| May 14, 2019 | $0.2100 |
| Mar 5, 2019 | $0.2100 |
| Nov 13, 2018 | $0.2000 |
| Aug 14, 2018 | $0.2000 |
| May 15, 2018 | $0.2000 |
| Mar 6, 2018 | $0.2000 |
| Nov 14, 2017 | $0.1800 |