vs
Side-by-side financial comparison of ACADIA REALTY TRUST (AKR) and RE/MAX Holdings, Inc. (RMAX). Click either name above to swap in a different company.
ACADIA REALTY TRUST is the larger business by last-quarter revenue ($103.0M vs $71.1M, roughly 1.4× RE/MAX Holdings, Inc.). ACADIA REALTY TRUST runs the higher net margin — 135.1% vs 2.0%, a 133.0% gap on every dollar of revenue. On growth, ACADIA REALTY TRUST posted the faster year-over-year revenue change (-1.3% vs -1.8%). Over the past eight quarters, ACADIA REALTY TRUST's revenue compounded faster (7.0% CAGR vs -4.7%).
Acadia Realty Trust is a publicly traded real estate investment trust (REIT) that specializes in owning, operating, and redeveloping high-quality retail and mixed-use properties, primarily in dense, high-barrier-to-entry U.S. markets. Its portfolio includes neighborhood shopping centers, urban street retail assets, and community-focused mixed-use developments.
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.
AKR vs RMAX — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $103.0M | $71.1M |
| Net Profit | $139.1M | $1.4M |
| Gross Margin | — | — |
| Operating Margin | 153.9% | 13.1% |
| Net Margin | 135.1% | 2.0% |
| Revenue YoY | -1.3% | -1.8% |
| Net Profit YoY | -58.2% | -75.2% |
| EPS (diluted) | — | — |
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.
| Q1 26 | $103.0M | — | ||
| Q4 25 | — | $71.1M | ||
| Q3 25 | — | $73.2M | ||
| Q2 25 | — | $72.8M | ||
| Q1 25 | — | $74.5M | ||
| Q4 24 | $93.3M | $72.5M | ||
| Q3 24 | $87.7M | $78.5M | ||
| Q2 24 | $87.3M | $78.5M |
| Q1 26 | $139.1M | — | ||
| Q4 25 | — | $1.4M | ||
| Q3 25 | — | $4.0M | ||
| Q2 25 | — | $4.7M | ||
| Q1 25 | — | $-2.0M | ||
| Q4 24 | $1.2M | $5.8M | ||
| Q3 24 | $12.3M | $966.0K | ||
| Q2 24 | $1.6M | $3.7M |
| Q1 26 | 153.9% | — | ||
| Q4 25 | — | 13.1% | ||
| Q3 25 | — | 25.0% | ||
| Q2 25 | — | 19.3% | ||
| Q1 25 | — | 7.2% | ||
| Q4 24 | 17.5% | 5.9% | ||
| Q3 24 | 19.9% | 19.4% | ||
| Q2 24 | 20.4% | 20.6% |
| Q1 26 | 135.1% | — | ||
| Q4 25 | — | 2.0% | ||
| Q3 25 | — | 5.4% | ||
| Q2 25 | — | 6.4% | ||
| Q1 25 | — | -2.6% | ||
| Q4 24 | 1.2% | 8.0% | ||
| Q3 24 | 14.0% | 1.2% | ||
| Q2 24 | 1.8% | 4.7% |
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $0.08 | — | ||
| Q3 24 | $0.07 | — | ||
| Q2 24 | $0.01 | — |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $31.4M | $118.7M |
| Total DebtLower is stronger | — | $432.2M |
| Stockholders' EquityBook value | $2.6B | $452.4M |
| Total Assets | $4.5B | $582.5M |
| Debt / EquityLower = less leverage | — | 0.96× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $31.4M | — | ||
| Q4 25 | — | $118.7M | ||
| Q3 25 | — | $107.5M | ||
| Q2 25 | — | $94.3M | ||
| Q1 25 | — | $89.1M | ||
| Q4 24 | $16.8M | $96.6M | ||
| Q3 24 | $46.2M | $83.8M | ||
| Q2 24 | $31.9M | $66.1M |
| Q1 26 | — | — | ||
| Q4 25 | — | $432.2M | ||
| Q3 25 | — | $433.3M | ||
| Q2 25 | — | $434.4M | ||
| Q1 25 | — | $435.3M | ||
| Q4 24 | $1.5B | $436.2M | ||
| Q3 24 | $1.6B | $437.2M | ||
| Q2 24 | $1.7B | $438.1M |
| Q1 26 | $2.6B | — | ||
| Q4 25 | — | $452.4M | ||
| Q3 25 | — | $448.1M | ||
| Q2 25 | — | $442.4M | ||
| Q1 25 | — | $433.5M | ||
| Q4 24 | $2.1B | $429.5M | ||
| Q3 24 | $1.9B | $423.1M | ||
| Q2 24 | $1.8B | $418.4M |
| Q1 26 | $4.5B | — | ||
| Q4 25 | — | $582.5M | ||
| Q3 25 | — | $582.2M | ||
| Q2 25 | — | $574.8M | ||
| Q1 25 | — | $571.4M | ||
| Q4 24 | $4.4B | $581.6M | ||
| Q3 24 | $4.3B | $578.6M | ||
| Q2 24 | $4.3B | $571.4M |
| Q1 26 | — | — | ||
| Q4 25 | — | 0.96× | ||
| Q3 25 | — | 0.97× | ||
| Q2 25 | — | 0.98× | ||
| Q1 25 | — | 1.00× | ||
| Q4 24 | 0.74× | 1.02× | ||
| Q3 24 | 0.82× | 1.03× | ||
| Q2 24 | 0.95× | 1.05× |
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 | — | $40.9M |
| Free Cash FlowOCF − Capex | — | $33.5M |
| FCF MarginFCF / Revenue | — | 47.1% |
| Capex IntensityCapex / Revenue | 1.7% | 10.4% |
| Cash ConversionOCF / Net Profit | — | 28.39× |
| TTM Free Cash FlowTrailing 4 quarters | — | $56.8M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | — | $40.9M | ||
| Q3 25 | — | $17.7M | ||
| Q2 25 | — | $4.6M | ||
| Q1 25 | — | $5.7M | ||
| Q4 24 | $140.4M | $59.7M | ||
| Q3 24 | $44.6M | $17.6M | ||
| Q2 24 | $32.0M | $15.9M |
| Q1 26 | — | — | ||
| Q4 25 | — | $33.5M | ||
| Q3 25 | — | $16.4M | ||
| Q2 25 | — | $2.9M | ||
| Q1 25 | — | $4.0M | ||
| Q4 24 | — | $53.0M | ||
| Q3 24 | — | $16.3M | ||
| Q2 24 | — | $14.0M |
| Q1 26 | — | — | ||
| Q4 25 | — | 47.1% | ||
| Q3 25 | — | 22.4% | ||
| Q2 25 | — | 4.0% | ||
| Q1 25 | — | 5.3% | ||
| Q4 24 | — | 73.2% | ||
| Q3 24 | — | 20.8% | ||
| Q2 24 | — | 17.8% |
| Q1 26 | 1.7% | — | ||
| Q4 25 | — | 10.4% | ||
| Q3 25 | — | 1.8% | ||
| Q2 25 | — | 2.2% | ||
| Q1 25 | — | 2.3% | ||
| Q4 24 | — | 9.1% | ||
| Q3 24 | — | 1.7% | ||
| Q2 24 | — | 2.4% |
| Q1 26 | — | — | ||
| Q4 25 | — | 28.39× | ||
| Q3 25 | — | 4.45× | ||
| Q2 25 | — | 0.97× | ||
| Q1 25 | — | — | ||
| Q4 24 | 121.08× | 10.28× | ||
| Q3 24 | 3.64× | 18.22× | ||
| Q2 24 | 20.25× | 4.29× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
AKR
| Rental | $98.6M | 96% |
| Other | $4.4M | 4% |
RMAX
| Franchising Segment | $50.1M | 70% |
| Broker Fees | $13.9M | 20% |
| Annual Dues | $7.4M | 10% |
