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Side-by-side financial comparison of AMPCO PITTSBURGH CORP (AP) and RE/MAX Holdings, Inc. (RMAX). Click either name above to swap in a different company.

AMPCO PITTSBURGH CORP is the larger business by last-quarter revenue ($104.4M vs $71.1M, roughly 1.5× RE/MAX Holdings, Inc.). RE/MAX Holdings, Inc. runs the higher net margin — 2.0% vs -55.2%, a 57.3% gap on every dollar of revenue. On growth, AMPCO PITTSBURGH CORP posted the faster year-over-year revenue change (11.5% vs -1.8%). RE/MAX Holdings, Inc. produced more free cash flow last quarter ($33.5M vs $-64.0K). Over the past eight quarters, AMPCO PITTSBURGH CORP's revenue compounded faster (-2.6% CAGR vs -4.7%).

Ampco-Pittsburgh Corporation is a specialty steel manufacturer headquartered in Downtown Pittsburgh, Pennsylvania. It is one of several companies to bear the Ampco name, and it should not be confused with the Milwaukee-based copper base alloy producer, Ampco Metal Inc.; the Miami-based cabinetry company; the Swiss aluminum corporation; or the Dallas-based tool company. Ampco was formed in 1929 and is a conglomerate made up of several previously established small steel makers. Five small compa...

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.

AP vs RMAX — Head-to-Head

Bigger by revenue
AP
AP
1.5× larger
AP
$104.4M
$71.1M
RMAX
Growing faster (revenue YoY)
AP
AP
+13.3% gap
AP
11.5%
-1.8%
RMAX
Higher net margin
RMAX
RMAX
57.3% more per $
RMAX
2.0%
-55.2%
AP
More free cash flow
RMAX
RMAX
$33.6M more FCF
RMAX
$33.5M
$-64.0K
AP
Faster 2-yr revenue CAGR
AP
AP
Annualised
AP
-2.6%
-4.7%
RMAX

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
AP
AP
RMAX
RMAX
Revenue
$104.4M
$71.1M
Net Profit
$-57.7M
$1.4M
Gross Margin
Operating Margin
-54.0%
13.1%
Net Margin
-55.2%
2.0%
Revenue YoY
11.5%
-1.8%
Net Profit YoY
-1958.9%
-75.2%
EPS (diluted)
$-2.87

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.

Revenue
AP
AP
RMAX
RMAX
Q4 25
$104.4M
$71.1M
Q3 25
$103.7M
$73.2M
Q2 25
$108.9M
$72.8M
Q1 25
$99.2M
$74.5M
Q4 24
$93.6M
$72.5M
Q3 24
$92.1M
$78.5M
Q2 24
$107.1M
$78.5M
Q1 24
$110.0M
$78.3M
Net Profit
AP
AP
RMAX
RMAX
Q4 25
$-57.7M
$1.4M
Q3 25
$-2.2M
$4.0M
Q2 25
$-7.3M
$4.7M
Q1 25
$1.1M
$-2.0M
Q4 24
$3.1M
$5.8M
Q3 24
$-2.0M
$966.0K
Q2 24
$2.0M
$3.7M
Q1 24
$-2.7M
$-3.4M
Operating Margin
AP
AP
RMAX
RMAX
Q4 25
-54.0%
13.1%
Q3 25
1.1%
25.0%
Q2 25
-2.8%
19.3%
Q1 25
3.9%
7.2%
Q4 24
5.5%
5.9%
Q3 24
2.0%
19.4%
Q2 24
4.7%
20.6%
Q1 24
0.1%
5.8%
Net Margin
AP
AP
RMAX
RMAX
Q4 25
-55.2%
2.0%
Q3 25
-2.1%
5.4%
Q2 25
-6.7%
6.4%
Q1 25
1.2%
-2.6%
Q4 24
3.3%
8.0%
Q3 24
-2.1%
1.2%
Q2 24
1.9%
4.7%
Q1 24
-2.5%
-4.3%
EPS (diluted)
AP
AP
RMAX
RMAX
Q4 25
$-2.87
Q3 25
$-0.11
Q2 25
$-0.36
Q1 25
$0.06
Q4 24
$0.16
Q3 24
$-0.10
Q2 24
$0.10
Q1 24
$-0.14

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
AP
AP
RMAX
RMAX
Cash + ST InvestmentsLiquidity on hand
$10.7M
$118.7M
Total DebtLower is stronger
$117.9M
$432.2M
Stockholders' EquityBook value
$32.6M
$452.4M
Total Assets
$495.4M
$582.5M
Debt / EquityLower = less leverage
3.61×
0.96×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AP
AP
RMAX
RMAX
Q4 25
$10.7M
$118.7M
Q3 25
$15.0M
$107.5M
Q2 25
$9.9M
$94.3M
Q1 25
$7.1M
$89.1M
Q4 24
$15.4M
$96.6M
Q3 24
$11.8M
$83.8M
Q2 24
$7.9M
$66.1M
Q1 24
$10.8M
$82.1M
Total Debt
AP
AP
RMAX
RMAX
Q4 25
$117.9M
$432.2M
Q3 25
$119.0M
$433.3M
Q2 25
$115.9M
$434.4M
Q1 25
$115.0M
$435.3M
Q4 24
$116.4M
$436.2M
Q3 24
$116.0M
$437.2M
Q2 24
$119.4M
$438.1M
Q1 24
$116.2M
$439.0M
Stockholders' Equity
AP
AP
RMAX
RMAX
Q4 25
$32.6M
$452.4M
Q3 25
$60.1M
$448.1M
Q2 25
$62.7M
$442.4M
Q1 25
$64.6M
$433.5M
Q4 24
$58.9M
$429.5M
Q3 24
$61.3M
$423.1M
Q2 24
$58.0M
$418.4M
Q1 24
$56.3M
$412.0M
Total Assets
AP
AP
RMAX
RMAX
Q4 25
$495.4M
$582.5M
Q3 25
$524.4M
$582.2M
Q2 25
$537.2M
$574.8M
Q1 25
$536.2M
$571.4M
Q4 24
$530.9M
$581.6M
Q3 24
$547.4M
$578.6M
Q2 24
$560.8M
$571.4M
Q1 24
$565.8M
$566.7M
Debt / Equity
AP
AP
RMAX
RMAX
Q4 25
3.61×
0.96×
Q3 25
1.98×
0.97×
Q2 25
1.85×
0.98×
Q1 25
1.78×
1.00×
Q4 24
1.98×
1.02×
Q3 24
1.89×
1.03×
Q2 24
2.06×
1.05×
Q1 24
2.06×
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
AP
AP
RMAX
RMAX
Operating Cash FlowLast quarter
$2.7M
$40.9M
Free Cash FlowOCF − Capex
$-64.0K
$33.5M
FCF MarginFCF / Revenue
-0.1%
47.1%
Capex IntensityCapex / Revenue
2.7%
10.4%
Cash ConversionOCF / Net Profit
28.39×
TTM Free Cash FlowTrailing 4 quarters
$-8.1M
$56.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AP
AP
RMAX
RMAX
Q4 25
$2.7M
$40.9M
Q3 25
$6.3M
$17.7M
Q2 25
$-2.3M
$4.6M
Q1 25
$-5.3M
$5.7M
Q4 24
$7.5M
$59.7M
Q3 24
$11.4M
$17.6M
Q2 24
$-5.3M
$15.9M
Q1 24
$4.5M
$9.4M
Free Cash Flow
AP
AP
RMAX
RMAX
Q4 25
$-64.0K
$33.5M
Q3 25
$3.3M
$16.4M
Q2 25
$-3.8M
$2.9M
Q1 25
$-7.5M
$4.0M
Q4 24
$3.7M
$53.0M
Q3 24
$8.4M
$16.3M
Q2 24
$-8.0M
$14.0M
Q1 24
$1.7M
$6.8M
FCF Margin
AP
AP
RMAX
RMAX
Q4 25
-0.1%
47.1%
Q3 25
3.2%
22.4%
Q2 25
-3.5%
4.0%
Q1 25
-7.5%
5.3%
Q4 24
4.0%
73.2%
Q3 24
9.1%
20.8%
Q2 24
-7.5%
17.8%
Q1 24
1.5%
8.6%
Capex Intensity
AP
AP
RMAX
RMAX
Q4 25
2.7%
10.4%
Q3 25
2.9%
1.8%
Q2 25
1.3%
2.2%
Q1 25
2.2%
2.3%
Q4 24
4.0%
9.1%
Q3 24
3.2%
1.7%
Q2 24
2.5%
2.4%
Q1 24
2.6%
3.3%
Cash Conversion
AP
AP
RMAX
RMAX
Q4 25
28.39×
Q3 25
4.45×
Q2 25
0.97×
Q1 25
-4.62×
Q4 24
2.40×
10.28×
Q3 24
18.22×
Q2 24
-2.64×
4.29×
Q1 24

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

AP
AP

Forged And Cast Mill Rolls$67.0M64%
Air Handling Systems$14.3M14%
Heat Exchange Coils$13.1M13%
Centrifugal Pumps$10.3M10%
Forged Engineered Products$4.0M4%

RMAX
RMAX

Franchising Segment$50.1M70%
Broker Fees$13.9M20%
Annual Dues$7.4M10%

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