📊 RMAX Key Takeaways
Is RMAX a Good Investment? Thesis Analysis
RE/MAX is experiencing severe profitability deterioration with net income declining 39.3% YoY amid a 5.2% revenue contraction, indicating stress in the real estate market. The company carries substantial debt of $432.2M with an extremely low net margin of 2.8%, and minimal returns (ROE 1.8%, ROA 1.4%) suggesting structural challenges in capital efficiency.
Why Buy RMAX? Key Strengths
- Positive free cash flow of $33.5M (11.5% FCF margin) provides operational flexibility
- Adequate liquidity with current ratio of 1.69x and $118.7M cash reserves
- Interest coverage ratio of 5.1x remains acceptable despite profit deterioration
RMAX Investment Risks to Consider
- Revenue declining 5.2% YoY signals deteriorating market conditions in real estate sector
- Net income collapsed 39.3% YoY with critically low net margin of 2.8%
- High debt burden of $432.2M becomes increasingly unsustainable if profitability decline continues
- Extremely low returns (ROE 1.8%, ROA 1.4%) indicate poor capital deployment and asset efficiency
Key Metrics to Watch
- Quarterly revenue trend stabilization and market recovery signals
- Operating margin sustainability and ability to reduce cost structure
- Free cash flow vs. debt service obligations and deleveraging progress
RMAX Financial Metrics
💡 AI Analyst Insight
RE/MAX Holdings, Inc. presents a mixed fundamental picture. Review the detailed metrics above to form your own investment thesis.
RMAX Profitability Ratios
RMAX vs Default Sector
How RE/MAX Holdings, Inc. compares to Default sector averages
Sector benchmarks are approximate industry averages. Actual sector performance may vary.
Is RMAX Overvalued or Undervalued?
Based on fundamental analysis, RE/MAX Holdings, Inc. shows some fundamental concerns relative to the Default sector in 2026.
Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.
RMAX Balance Sheet & Liquidity
RMAX 5-Year Financial Trend & Growth Analysis
5-Year Trend Summary: RE/MAX Holdings, Inc.'s revenue has remained relatively flat over the 5-year period, with a 1% decline. The most recent EPS of $1.51 reflects profitable operations.
RMAX Growth Metrics (YoY)
RMAX Quarterly Performance
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| Q3 2025 | $73.2M | $966.0K | N/A |
| Q2 2025 | $72.8M | $352.0K | N/A |
| Q1 2025 | $74.5M | -$2.0M | N/A |
| Q3 2024 | $78.5M | $966.0K | N/A |
| Q2 2024 | $78.5M | $352.0K | N/A |
| Q1 2024 | $78.3M | -$671.0K | N/A |
| Q3 2023 | $81.2M | $140.0K | N/A |
| Q2 2023 | $82.4M | $1.3M | N/A |
Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.
RMAX Capital Allocation
RMAX SEC 10-K & 10-Q Filing Analysis
Access official SEC EDGAR filings for RE/MAX Holdings, Inc. (CIK: 0001581091)
📋 Recent SEC Filings
❓ Frequently Asked Questions about RMAX
What is the AI rating for RMAX?
RE/MAX Holdings, Inc. (RMAX) has an AI rating of SELL with 72% confidence, based on fundamental analysis of SEC EDGAR filings.
What are RMAX's key strengths?
Claude: Positive free cash flow of $33.5M (11.5% FCF margin) provides operational flexibility. Adequate liquidity with current ratio of 1.69x and $118.7M cash reserves.
What are the risks of investing in RMAX?
Claude: Revenue declining 5.2% YoY signals deteriorating market conditions in real estate sector. Net income collapsed 39.3% YoY with critically low net margin of 2.8%.
What is RMAX's revenue and growth?
RE/MAX Holdings, Inc. reported revenue of $291.6M.
Does RMAX pay dividends?
RE/MAX Holdings, Inc. does not currently pay dividends.
Where can I find RMAX SEC filings?
Official SEC filings for RE/MAX Holdings, Inc. (CIK: 0001581091) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.
What is RMAX's EPS?
RE/MAX Holdings, Inc. has a diluted EPS of $0.60.
How is the AI analysis conducted?
Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.
Is RMAX a good stock to buy right now?
Based on our AI fundamental analysis in April 2026, RE/MAX Holdings, Inc. has a SELL rating with 72% confidence. Review the strengths and risks sections above before making a decision. This is not investment advice.
Is RMAX stock overvalued or undervalued?
Valuation metrics for RMAX: ROE of 1.8% (sector avg: 15%), net margin of 2.8% (sector avg: 12%). Compare these metrics with sector averages to assess valuation.
Should I buy RMAX stock in 2026?
Our dual AI analysis gives RE/MAX Holdings, Inc. a combined SELL rating for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.
What is RMAX's free cash flow?
RE/MAX Holdings, Inc.'s operating cash flow is $40.9M, with capital expenditures of $7.4M. FCF margin is 11.5%.
How does RMAX compare to other Default stocks?
Vs Default sector averages: Net margin 2.8% (avg: 12%), ROE 1.8% (avg: 15%), current ratio 1.69 (avg: 1.8).