8-K Announcements
6Mar 25, 2026·SEC
Feb 19, 2026·SEC
Feb 18, 2026·SEC
RE/MAX Holdings, Inc. (RMAX) fundamental analysis — strengths, weaknesses & financial health based on data analysis
No significant weaknesses identified
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
RE/MAX Holdings, Inc. (RMAX) stock price & volume — 10-year historical chart
RE/MAX Holdings, Inc. (RMAX) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
RE/MAX Holdings, Inc. (RMAX) EPS & revenue vs analyst estimates — last 4 quarters
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q1 2026Latest | Feb 19, 2026 | $0.30vs $0.28+7.1% | $71Mvs $72M-0.5% |
| Q4 2025 | Oct 30, 2025 | $0.37vs $0.36+2.8% | $73Mvs $71M+2.7% |
| Q3 2025 | Jul 29, 2025 | $0.39vs $0.35+11.4% | $73Mvs $75M-2.7% |
| Q2 2025 | May 1, 2025 | $0.24vs $0.18+33.3% | $74Mvs $74M+0.2% |
RE/MAX Holdings, Inc. (RMAX) competitors in Residential real estate brokerages and franchises — business model, growth, and fundamentals comparison
RE/MAX Holdings, Inc. (RMAX) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
RE/MAX Holdings, Inc. (RMAX) annual income statement — 10-year revenue, gross profit & net income history
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 195.93M | 212.63M | 282.29M | 266M | 329.7M | 353.39M | 325.67M | 307.69M | 291.6M |
| Revenue Growth % | 11.13% | 8.52% | 32.77% | -5.77% | 23.95% | 7.18% | -7.84% | -5.52% | -5.23% |
| Property Operating Expenses | 20.51M | 20.68M | 72.3M | 64.4M | 82.39M | 90.32M | 83.86M | 78.98M | 0 |
| Net Operating Income (NOI) | 175.42M▲ 0% | 191.95M▲ 9.4% | 209.99M▲ 9.4% | 201.6M▼ 4.0% | 247.31M▲ 22.7% | 263.07M▲ 6.4% | 241.81M▼ 8.1% | 228.7M▼ 5.4% | 291.6M▲ 27.5% |
| NOI Margin % | 89.53% | 90.27% | 74.39% | 75.79% | 75.01% | 74.44% | 74.25% | 74.33% | 100% |
| Operating Expenses | 127.78M | 140.86M | 141.02M | 163.01M | 257.24M | 224.85M | 252.45M | 188.52M | 244.56M |
| G&A Expenses | 107.27M | 120.18M | 119.23M | 129M | 179.49M | 173.98M | 171.55M | 152.26M | 146.7M |
| EBITDA | 227.68M | 218.71M | 90.76M | 64.7M | 21.4M | 73.98M | 21.78M | 69.74M | 72.89M |
| EBITDA Margin % | 116.21% | 102.86% | 32.15% | 24.32% | 6.49% | 20.93% | 6.69% | 22.67% | 25% |
| Depreciation & Amortization | 127.46M | 140.86M | 21.79M | 26.11M | 31.33M | 35.77M | 32.41M | 29.56M | 25.85M |
| D&A / Revenue % | 65.05% | 66.25% | 7.72% | 9.81% | 9.5% | 10.12% | 9.95% | 9.61% | 8.86% |
| Operating Income | 100.22M▲ 0% | 77.85M▼ 22.3% | 68.97M▼ 11.4% | 38.59M▼ 44.0% | -9.93M▼ 125.7% | 38.21M▲ 484.8% | -10.64M▼ 127.8% | 40.18M▲ 477.7% | 47.04M▲ 17.1% |
| Operating Margin % | 51.15% | 36.61% | 24.43% | 14.51% | -3.01% | 10.81% | -3.27% | 13.06% | 16.13% |
| Interest Expense | 10M | 12.05M | 12.23M | 9.22M | 11.34M | 20.9M | 35.74M | 36.26M | -31.7M |
| Interest Coverage | 10.03x | 6.46x | 5.64x | 4.18x | -0.88x | 1.83x | -0.30x | 1.11x | - |
| Non-Operating Income | -526K | 6.08M | -1.55M | -338K | 886K | -819K | -4.84M | -2.28M | 0 |
| Pretax Income | 90.75M▲ 0% | 66.16M▼ 27.1% | 58.3M▼ 11.9% | 29.71M▼ 49.0% | -22.16M▼ 174.6% | 18.13M▲ 181.8% | -41.54M▼ 329.1% | 6.2M▲ 114.9% | 19.63M▲ 216.6% |
| Pretax Margin % | 46.32% | 31.12% | 20.65% | 11.17% | -6.72% | 5.13% | -12.75% | 2.02% | 6.73% |
| Income Tax | 55.58M | 15.8M | 10.98M | 9.16M | 2.46M | 7.37M | 56.95M | -1.88M | -6.2M |
| Effective Tax Rate % | 61.24% | 23.88% | 18.84% | 30.84% | -11.1% | 40.66% | -137.09% | -30.27% | -31.56% |
| Net Income | 12.81M▲ 0% | 27.04M▲ 111.0% | 25.28M▼ 6.5% | 11.25M▼ 55.5% | -15.62M▼ 238.8% | 6.11M▲ 139.1% | -69.02M▼ 1229.7% | 7.12M▲ 110.3% | 25.82M▲ 262.5% |
| Net Margin % | 6.54% | 12.72% | 8.96% | 4.23% | -4.74% | 1.73% | -21.19% | 2.32% | 8.86% |
| Net Income Growth % | -43.64% | 111.03% | -6.52% | -55.5% | -238.81% | 139.13% | -1229.66% | 110.32% | 262.53% |
| Funds From Operations (FFO) | 140.27M▲ 0% | 167.9M▲ 19.7% | 47.07M▼ 72.0% | 37.36M▼ 20.6% | 15.72M▼ 57.9% | 41.88M▲ 166.5% | -36.61M▼ 187.4% | 36.68M▲ 200.2% | 51.67M▲ 40.9% |
| FFO Margin % | 71.59% | 78.97% | 16.67% | 14.04% | 4.77% | 11.85% | -11.24% | 11.92% | 17.72% |
| FFO Growth % | 10.41% | 19.7% | -71.96% | -20.64% | -57.93% | 166.46% | -187.41% | 200.21% | 40.85% |
| FFO per Share | 7.91 | 9.45 | 2.63 | 2.04 | 0.84 | 2.22 | -2.02 | 1.90 | 2.53 |
| FFO Payout Ratio % | 9.12% | 8.52% | 32.02% | 43.78% | 113.46% | 43.43% | -37.02% | 1.63% | 0.96% |
| EPS (Diluted) | 0.72▲ 0% | 1.52▲ 111.1% | 2.62▲ 72.4% | 0.61▼ 76.7% | -0.84▼ 237.7% | 0.32▲ 138.1% | -3.81▼ 1290.6% | 0.37▲ 109.7% | 0.40▲ 8.1% |
| EPS Growth % | -44.19% | 111.11% | 72.37% | -76.72% | -237.7% | 138.1% | -1290.63% | 109.71% | 8.11% |
| EPS (Basic) | 0.72 | 1.52 | 2.63 | 0.62 | -0.84 | 0.33 | -3.81 | 0.38 | 0.41 |
| Diluted Shares Outstanding | 17.73M | 17.77M | 17.87M | 18.32M | 18.69M | 18.84M | 18.11M | 19.29M | 20.4M |
RE/MAX Holdings, Inc. (RMAX) balance sheet — assets, liabilities & shareholders' equity
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|---|---|---|---|
| Total Assets | 406.56M | 426.84M | 542.35M | 557.39M | 776.13M | 693.96M | 577.15M | 581.59M | 582.48M |
| Asset Growth % | -7% | 4.99% | 27.06% | 2.77% | 39.24% | -10.59% | -16.83% | 0.77% | 0.15% |
| Real Estate & Other Assets | 1.56M | 4.4M | 9.69M | 15.44M | 17.56M | 10.65M | 7.08M | 87.11M | 73.39M |
| PP&E (Net) | 2.9M | 4.39M | 56.57M | 46.75M | 49.21M | 35.62M | 31.65M | 25.36M | 18.6M |
| Investment Securities | 0 | 0 | 1000K | 1000K | 1000K | 0 | 0 | 0 | 0 |
| Total Current Assets | 79.91M | 87.55M | 142.78M | 166.37M | 210.77M | 192.96M | 176.56M | 218.51M | 240.14M |
| Cash & Equivalents | 50.81M | 59.97M | 83M | 101.36M | 126.27M | 108.66M | 82.62M | 96.62M | 118.74M |
| Receivables | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K |
| Other Current Assets | 8.94M | 6.39M | 10.53M | 15.16M | 17.76M | 22.32M | 58.81M | 86.49M | 94.46M |
| Intangible Assets | 127.83M | 126.12M | 119.98M | 102.17M | 176.36M | 145.94M | 120.69M | 13.38M | 10.77M |
| Total Liabilities | 337.17M | 347.56M | 443.98M | 444.71M | 707.07M | 663.53M | 653.21M | 639.99M | 611.46M |
| Total Debt | 228.99M | 227.79M | 291.84M | 279.53M | 504.33M | 493.38M | 483.98M | 472.07M | 22.73M |
| Net Debt | 178.18M | 167.81M | 208.84M | 178.18M | 378.06M | 384.71M | 401.36M | 375.45M | -96M |
| Long-Term Debt | 226.64M | 225.16M | 223.03M | 221.14M | 447.46M | 443.72M | 439.98M | 436.24M | 13.51M |
| Short-Term Borrowings | 2.35M | 2.62M | 7.75M | 2.43M | 4.6M | 4.6M | 4.6M | 4.6M | 9.22M |
| Capital Lease Obligations | 0 | 0 | 61.06M | 55.97M | 52.28M | 45.06M | 39.4M | 31.23M | 0 |
| Total Current Liabilities | 43.56M | 46.92M | 107M | 117.25M | 146.22M | 119.67M | 149.32M | 154.7M | 141.77M |
| Accounts Payable | 517K | 1.89M | 2.98M | 2.11M | 5.19M | 6.17M | 4.7M | 5.76M | 3.99M |
| Deferred Revenue | 18.92M | 25.49M | 25.66M | 25.28M | 27.18M | 27.78M | 23.08M | 22.85M | 21.39M |
| Other Liabilities | 19.9M | 54.86M | 38.93M | 35.7M | 33.81M | 30.75M | 4.03M | 3.15M | 447.99M |
| Total Equity | 69.39M▲ 0% | 79.28M▲ 14.2% | 98.38M▲ 24.1% | 112.68M▲ 14.5% | 69.07M▼ 38.7% | 30.43M▼ 55.9% | -76.06M▼ 350.0% | -58.39M▲ 23.2% | -28.99M▲ 50.4% |
| Equity Growth % | 14.31% | 14.24% | 24.09% | 14.54% | -38.71% | -55.94% | -349.95% | 23.23% | 50.36% |
| Shareholders Equity | 466.83M | 481.57M | 497.89M | 517.17M | 508.27M | 479.9M | 411.06M | 429.48M | 452.41M |
| Minority Interest | -397.44M | -402.29M | -399.51M | -404.49M | -439.21M | -449.47M | -487.12M | -487.88M | -481.4M |
| Common Stock | 2K | 2K | 2K | 2K | 2K | 2K | 2K | 2K | 2K |
| Additional Paid-in Capital | 451.2M | 460.1M | 466.94M | 491.42M | 515.44M | 535.57M | 550.64M | 565.07M | 0 |
| Retained Earnings | 16.83M | 21.14M | 30.52M | 25.63M | -7.82M | -55.27M | -140.22M | -133.73M | -126.07M |
| Preferred Stock | 8.4M | 20.56M | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Return on Assets (ROA) | 3.04% | 6.49% | 5.22% | 2.05% | -2.34% | 0.83% | -10.86% | 1.23% | 4.44% |
| Return on Equity (ROE) | 19.7% | 36.38% | 28.46% | 10.66% | -17.18% | 12.28% | - | - | - |
| Debt / Assets | 56.32% | 53.37% | 53.81% | 50.15% | 64.98% | 71.1% | 83.86% | 81.17% | 3.9% |
| Debt / Equity | 3.30x | 2.87x | 2.97x | 2.48x | 7.30x | 16.21x | - | - | - |
| Net Debt / EBITDA | 0.78x | 0.77x | 2.30x | 2.75x | 17.66x | 5.20x | 18.43x | 5.38x | -1.32x |
| Book Value per Share | 3.91 | 4.46 | 5.51 | 6.15 | 3.70 | 1.61 | -4.20 | -3.03 | -1.42 |
RE/MAX Holdings, Inc. (RMAX) cash flow — operating, investing & free cash flow history
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|---|---|---|---|
| Cash from Operations | 63.29M | 76.06M | 78.97M | 70.85M | 42.44M | 71.14M | 28.26M | 59.65M | 40.88M |
| Operating CF Growth % | -1.69% | 20.19% | 3.83% | -10.29% | -40.09% | 67.62% | -60.27% | 111.05% | -31.47% |
| Operating CF / Revenue % | 32.3% | 35.77% | 27.98% | 26.63% | 12.87% | 20.13% | 8.68% | 19.39% | 14.02% |
| Net Income | 35.18M | 50.37M | 46.86M | 20.02M | -24.62M | 9.48M | -69.02M | 8.08M | 13.43M |
| Depreciation & Amortization | 20.51M | 20.68M | 22.32M | 26.69M | 31.33M | 35.77M | 32.41M | 29.56M | 25.85M |
| Stock-Based Compensation | 2.9M | 9.18M | 10.93M | 16.27M | 34.3M | 22.04M | 19.04M | 18.86M | 16.63M |
| Other Non-Cash Items | -39.41M | -10.54M | 2.9M | 8.6M | 476K | 16.46M | 23.81M | 2.77M | -14.57M |
| Working Capital Changes | -2.38M | -3.17M | -6.35M | -2.57M | 3.48M | -13.71M | -27.36M | 384K | 0 |
| Cash from Investing | -37.92M | -33.67M | -876K | -17.53M | -194.92M | -11.5M | -5.64M | -5.88M | -7.78M |
| Acquisitions (Net) | -35.72M | -25.89M | -14.95M | -10.63M | -180M | 0 | 0 | 0 | 0 |
| Purchase of Investments | 0 | 0 | -28.5M | 0 | 0 | 0 | 0 | 0 | 0 |
| Sale of Investments | 0 | 0 | 1000K | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Investing | -37.92M | 0 | 27.3M | 0 | 319K | -1.57M | 776K | -5.88M | -408K |
| Cash from Financing | -33.23M | -33.15M | -34.54M | -36M | 189.35M | -78.36M | -35.82M | -8.27M | -10.75M |
| Dividends Paid | -12.79M | -14.31M | -15.07M | -16.35M | -17.83M | -18.19M | -13.55M | -599K | -498K |
| Common Dividends | -12.79M | -14.31M | -15.07M | -16.35M | -17.83M | -18.19M | -13.55M | -599K | 0 |
| Debt Issuance (Net) | -1000K | -1000K | -1000K | -1000K | 1000K | -1000K | -1000K | -1000K | 0 |
| Share Repurchases | -816K | -895K | -1.11M | -2.54M | -5.33M | -34.1M | -3.41M | -3.08M | 0 |
| Other Financing | -18.08M | -15.68M | -16.85M | -14.47M | -18.95M | -21.48M | -14.26M | 1K | -10.25M |
| Net Change in Cash | -6.8M▲ 0% | 9.17M▲ 234.8% | 43.63M▲ 375.9% | 17.63M▼ 59.6% | 37.17M▲ 110.9% | -20.27M▼ 154.5% | -12.37M▲ 39.0% | 43.52M▲ 452.0% | 23.78M▼ 45.4% |
| Exchange Rate Effect | 1000K | -70K | 70K | 308K | 300K | -1000K | 831K | -1000K | 1000K |
| Cash at Beginning | 57.61M | 50.81M | 59.97M | 103.6M | 121.23M | 158.4M | 138.13M | 125.76M | 169.29M |
| Cash at End | 50.81M | 59.97M | 103.6M | 121.23M | 158.4M | 138.13M | 125.76M | 169.29M | 193.07M |
| Free Cash Flow | 61.09M▲ 0% | 68.28M▲ 11.8% | 65.75M▼ 3.7% | 63.94M▼ 2.7% | 27.2M▼ 57.5% | 61.21M▲ 125.0% | 21.84M▼ 64.3% | 53.03M▲ 142.8% | 33.5M▼ 36.8% |
| FCF Growth % | 2.03% | 11.76% | -3.7% | -2.75% | -57.46% | 125.01% | -64.31% | 142.76% | -36.82% |
| FCF / Revenue % | 31.18% | 32.11% | 23.29% | 24.04% | 8.25% | 17.32% | 6.71% | 17.24% | 11.49% |
RE/MAX Holdings, Inc. (RMAX) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| FFO per Share | 7.19 | 7.91 | 9.45 | 2.63 | 2.04 | 0.84 | 2.22 | -2.02 | 1.9 | 2.53 |
| FFO Payout Ratio | 8.33% | 9.12% | 8.52% | 32.02% | 43.78% | 113.46% | 43.43% | -37.02% | 1.63% | 0.96% |
| NOI Margin | 90.87% | 89.53% | 90.27% | 74.39% | 75.79% | 75.01% | 74.44% | 74.25% | 74.33% | 100% |
| Net Debt / EBITDA | 0.98x | 0.78x | 0.77x | 2.30x | 2.75x | 17.66x | 5.20x | 18.43x | 5.38x | -1.32x |
| Debt / Assets | 52.8% | 56.32% | 53.37% | 53.81% | 50.15% | 64.98% | 71.1% | 83.86% | 81.17% | 3.9% |
| Interest Coverage | 8.42x | 10.03x | 6.46x | 5.64x | 4.18x | -0.88x | 1.83x | -0.30x | 1.11x | - |
| Book Value / Share | 3.43 | 3.91 | 4.46 | 5.51 | 6.15 | 3.7 | 1.61 | -4.2 | -3.03 | -1.42 |
| Revenue Growth | -0.32% | 11.13% | 8.52% | 32.77% | -5.77% | 23.95% | 7.18% | -7.84% | -5.52% | -5.23% |
RE/MAX Holdings, Inc. (RMAX) SEC filings — annual & quarterly reports (10-K, 10-Q)
Mar 25, 2026·SEC
Feb 19, 2026·SEC
Feb 18, 2026·SEC
RE/MAX Holdings, Inc. (RMAX) stock FAQ — growth, dividends, profitability & financials explained
RE/MAX Holdings, Inc. (RMAX) reported $291.6M in revenue for fiscal year 2025. This represents a 111% increase from $138.3M in 2011.
RE/MAX Holdings, Inc. (RMAX) saw revenue decline by 5.2% over the past year.
Yes, RE/MAX Holdings, Inc. (RMAX) is profitable, generating $10.0M in net income for fiscal year 2025 (8.9% net margin).
Yes, RE/MAX Holdings, Inc. (RMAX) pays a dividend with a yield of 0.24%. This makes it attractive for income-focused investors.
RE/MAX Holdings, Inc. (RMAX) generated Funds From Operations (FFO) of $35.8M in the trailing twelve months. FFO is the primary profitability metric for REITs.
RE/MAX Holdings, Inc. (RMAX) financial analysis — history, returns, DCA and operating performance tools
Historical returns with dividends reinvested
Dollar cost averaging vs lump sum
Yield, growth, payout safety & DRIP
EPS trends, net income & profitability
Long-term charts & historical price data
Sales growth patterns & revenue breakdown
30 years of market, efficiency and balance-sheet ratios
DCF intrinsic value, peer multiples & estimates