vs
Side-by-side financial comparison of FEDERAL AGRICULTURAL MORTGAGE CORP (AGM) and RE/MAX Holdings, Inc. (RMAX). Click either name above to swap in a different company.
FEDERAL AGRICULTURAL MORTGAGE CORP is the larger business by last-quarter revenue ($107.5M vs $71.1M, roughly 1.5× RE/MAX Holdings, Inc.). On growth, FEDERAL AGRICULTURAL MORTGAGE CORP posted the faster year-over-year revenue change (6.1% vs -1.8%). Over the past eight quarters, FEDERAL AGRICULTURAL MORTGAGE CORP's revenue compounded faster (7.1% CAGR vs -4.7%).
The Federal Agricultural Mortgage Corporation, also known as Farmer Mac, is a stockholder-owned, federally chartered corporation established by the U.S. Congress in 1988 under the Agricultural Credit Act of 1987. It was created to establish a secondary market for agricultural real estate and housing mortgage loans, to increase liquidity and the availability of long-term, stable credit for farmers, ranchers, and rural communities.
RE/MAX is an international real estate franchise operating in over 100 countries and territories that, in 2015, had over 100,000 agents in 6,800 offices.
AGM vs RMAX — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $107.5M | $71.1M |
| Net Profit | — | $1.4M |
| Gross Margin | — | — |
| Operating Margin | 56.3% | 13.1% |
| Net Margin | — | 2.0% |
| Revenue YoY | 6.1% | -1.8% |
| Net Profit YoY | — | -75.2% |
| EPS (diluted) | $3.69 | — |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $107.5M | $71.1M | ||
| Q3 25 | $104.0M | $73.2M | ||
| Q2 25 | $102.6M | $72.8M | ||
| Q1 25 | $94.3M | $74.5M | ||
| Q4 24 | $101.3M | $72.5M | ||
| Q3 24 | $90.3M | $78.5M | ||
| Q2 24 | $89.9M | $78.5M | ||
| Q1 24 | $93.7M | $78.3M |
| Q4 25 | — | $1.4M | ||
| Q3 25 | $55.0M | $4.0M | ||
| Q2 25 | $54.8M | $4.7M | ||
| Q1 25 | $49.7M | $-2.0M | ||
| Q4 24 | $56.5M | $5.8M | ||
| Q3 24 | $49.8M | $966.0K | ||
| Q2 24 | $47.1M | $3.7M | ||
| Q1 24 | $53.7M | $-3.4M |
| Q4 25 | 56.3% | 13.1% | ||
| Q3 25 | 64.1% | 25.0% | ||
| Q2 25 | 63.8% | 19.3% | ||
| Q1 25 | 66.9% | 7.2% | ||
| Q4 24 | 67.5% | 5.9% | ||
| Q3 24 | 69.0% | 19.4% | ||
| Q2 24 | 65.9% | 20.6% | ||
| Q1 24 | 72.8% | 5.8% |
| Q4 25 | — | 2.0% | ||
| Q3 25 | 52.9% | 5.4% | ||
| Q2 25 | 53.4% | 6.4% | ||
| Q1 25 | 52.6% | -2.6% | ||
| Q4 24 | 55.8% | 8.0% | ||
| Q3 24 | 55.2% | 1.2% | ||
| Q2 24 | 52.4% | 4.7% | ||
| Q1 24 | 57.4% | -4.3% |
| Q4 25 | $3.69 | — | ||
| Q3 25 | $4.44 | — | ||
| Q2 25 | $4.48 | — | ||
| Q1 25 | $4.01 | — | ||
| Q4 24 | $4.62 | — | ||
| Q3 24 | $3.86 | — | ||
| Q2 24 | $3.68 | — | ||
| Q1 24 | $4.28 | — |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $118.7M |
| Total DebtLower is stronger | $30.8B | $432.2M |
| Stockholders' EquityBook value | $1.7B | $452.4M |
| Total Assets | $35.4B | $582.5M |
| Debt / EquityLower = less leverage | 17.93× | 0.96× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $118.7M | ||
| Q3 25 | — | $107.5M | ||
| Q2 25 | — | $94.3M | ||
| Q1 25 | — | $89.1M | ||
| Q4 24 | — | $96.6M | ||
| Q3 24 | $842.1M | $83.8M | ||
| Q2 24 | $923.0M | $66.1M | ||
| Q1 24 | $745.1M | $82.1M |
| Q4 25 | $30.8B | $432.2M | ||
| Q3 25 | $29.2B | $433.3M | ||
| Q2 25 | $28.9B | $434.4M | ||
| Q1 25 | $28.0B | $435.3M | ||
| Q4 24 | $27.5B | $436.2M | ||
| Q3 24 | $27.2B | $437.2M | ||
| Q2 24 | $26.8B | $438.1M | ||
| Q1 24 | $26.8B | $439.0M |
| Q4 25 | $1.7B | $452.4M | ||
| Q3 25 | $1.7B | $448.1M | ||
| Q2 25 | $1.5B | $442.4M | ||
| Q1 25 | $1.5B | $433.5M | ||
| Q4 24 | $1.5B | $429.5M | ||
| Q3 24 | $1.5B | $423.1M | ||
| Q2 24 | $1.5B | $418.4M | ||
| Q1 24 | $1.5B | $412.0M |
| Q4 25 | $35.4B | $582.5M | ||
| Q3 25 | $33.4B | $582.2M | ||
| Q2 25 | $33.0B | $574.8M | ||
| Q1 25 | $31.8B | $571.4M | ||
| Q4 24 | $31.3B | $581.6M | ||
| Q3 24 | $30.6B | $578.6M | ||
| Q2 24 | $30.2B | $571.4M | ||
| Q1 24 | $29.8B | $566.7M |
| Q4 25 | 17.93× | 0.96× | ||
| Q3 25 | 17.31× | 0.97× | ||
| Q2 25 | 18.70× | 0.98× | ||
| Q1 25 | 18.39× | 1.00× | ||
| Q4 24 | 18.48× | 1.02× | ||
| Q3 24 | 18.60× | 1.03× | ||
| Q2 24 | 17.87× | 1.05× | ||
| Q1 24 | 18.11× | 1.07× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $80.1M | $40.9M |
| Free Cash FlowOCF − Capex | — | $33.5M |
| FCF MarginFCF / Revenue | — | 47.1% |
| Capex IntensityCapex / Revenue | 0.0% | 10.4% |
| Cash ConversionOCF / Net Profit | — | 28.39× |
| TTM Free Cash FlowTrailing 4 quarters | — | $56.8M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $80.1M | $40.9M | ||
| Q3 25 | $74.2M | $17.7M | ||
| Q2 25 | $-47.7M | $4.6M | ||
| Q1 25 | $-49.8M | $5.7M | ||
| Q4 24 | $612.6M | $59.7M | ||
| Q3 24 | $-44.4M | $17.6M | ||
| Q2 24 | $56.1M | $15.9M | ||
| Q1 24 | $233.3M | $9.4M |
| Q4 25 | — | $33.5M | ||
| Q3 25 | — | $16.4M | ||
| Q2 25 | — | $2.9M | ||
| Q1 25 | — | $4.0M | ||
| Q4 24 | $607.4M | $53.0M | ||
| Q3 24 | $-44.4M | $16.3M | ||
| Q2 24 | $52.6M | $14.0M | ||
| Q1 24 | $231.7M | $6.8M |
| Q4 25 | — | 47.1% | ||
| Q3 25 | — | 22.4% | ||
| Q2 25 | — | 4.0% | ||
| Q1 25 | — | 5.3% | ||
| Q4 24 | 599.8% | 73.2% | ||
| Q3 24 | -49.2% | 20.8% | ||
| Q2 24 | 58.5% | 17.8% | ||
| Q1 24 | 247.3% | 8.6% |
| Q4 25 | 0.0% | 10.4% | ||
| Q3 25 | 0.0% | 1.8% | ||
| Q2 25 | 0.0% | 2.2% | ||
| Q1 25 | 0.0% | 2.3% | ||
| Q4 24 | 5.2% | 9.1% | ||
| Q3 24 | 0.1% | 1.7% | ||
| Q2 24 | 4.0% | 2.4% | ||
| Q1 24 | 1.7% | 3.3% |
| Q4 25 | — | 28.39× | ||
| Q3 25 | 1.35× | 4.45× | ||
| Q2 25 | -0.87× | 0.97× | ||
| Q1 25 | -1.00× | — | ||
| Q4 24 | 10.84× | 10.28× | ||
| Q3 24 | -0.89× | 18.22× | ||
| Q2 24 | 1.19× | 4.29× | ||
| Q1 24 | 4.34× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
AGM
Segment breakdown not available.
RMAX
| Franchising Segment | $50.1M | 70% |
| Broker Fees | $13.9M | 20% |
| Annual Dues | $7.4M | 10% |
