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Side-by-side financial comparison of Ardmore Shipping Corp (ASC) and RE/MAX Holdings, Inc. (RMAX). Click either name above to swap in a different company.
Ardmore Shipping Corp is the larger business by last-quarter revenue ($81.2M vs $71.1M, roughly 1.1× RE/MAX Holdings, Inc.). Ardmore Shipping Corp runs the higher net margin — 15.7% vs 2.0%, a 13.7% gap on every dollar of revenue. On growth, RE/MAX Holdings, Inc. posted the faster year-over-year revenue change (-1.8% vs -15.5%). Over the past eight quarters, RE/MAX Holdings, Inc.'s revenue compounded faster (-4.7% CAGR vs -6.0%).
Ardmore Shipping Corp is a global maritime transport company that owns and operates a fleet of mid-sized product and chemical tankers. It provides seaborne transport for petroleum products, specialty chemicals and bulk liquid commodities, serving energy, chemical and trading clients across key international trade routes.
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.
ASC vs RMAX — Head-to-Head
Income Statement — Q3 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $81.2M | $71.1M |
| Net Profit | $12.8M | $1.4M |
| Gross Margin | — | — |
| Operating Margin | 16.1% | 13.1% |
| Net Margin | 15.7% | 2.0% |
| Revenue YoY | -15.5% | -1.8% |
| Net Profit YoY | -47.0% | -75.2% |
| EPS (diluted) | $0.30 | — |
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 | — | $71.1M | ||
| Q3 25 | $81.2M | $73.2M | ||
| Q2 25 | $72.0M | $72.8M | ||
| Q1 25 | $74.0M | $74.5M | ||
| Q4 24 | — | $72.5M | ||
| Q3 24 | $96.1M | $78.5M | ||
| Q2 24 | $121.3M | $78.5M | ||
| Q1 24 | $106.3M | $78.3M |
| Q4 25 | — | $1.4M | ||
| Q3 25 | $12.8M | $4.0M | ||
| Q2 25 | $9.6M | $4.7M | ||
| Q1 25 | $6.3M | $-2.0M | ||
| Q4 24 | — | $5.8M | ||
| Q3 24 | $24.1M | $966.0K | ||
| Q2 24 | $62.7M | $3.7M | ||
| Q1 24 | $39.2M | $-3.4M |
| Q4 25 | — | 13.1% | ||
| Q3 25 | 16.1% | 25.0% | ||
| Q2 25 | 13.5% | 19.3% | ||
| Q1 25 | 8.6% | 7.2% | ||
| Q4 24 | — | 5.9% | ||
| Q3 24 | 25.4% | 19.4% | ||
| Q2 24 | 51.3% | 20.6% | ||
| Q1 24 | 37.2% | 5.8% |
| Q4 25 | — | 2.0% | ||
| Q3 25 | 15.7% | 5.4% | ||
| Q2 25 | 13.3% | 6.4% | ||
| Q1 25 | 8.5% | -2.6% | ||
| Q4 24 | — | 8.0% | ||
| Q3 24 | 25.1% | 1.2% | ||
| Q2 24 | 51.7% | 4.7% | ||
| Q1 24 | 36.9% | -4.3% |
| Q4 25 | — | — | ||
| Q3 25 | $0.30 | — | ||
| Q2 25 | $0.22 | — | ||
| Q1 25 | $0.14 | — | ||
| Q4 24 | — | — | ||
| Q3 24 | $0.55 | — | ||
| Q2 24 | $1.47 | — | ||
| Q1 24 | $0.92 | — |
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 | $116.1M | $432.2M |
| Stockholders' EquityBook value | $628.2M | $452.4M |
| Total Assets | $799.8M | $582.5M |
| Debt / EquityLower = less leverage | 0.18× | 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 | — | $83.8M | ||
| Q2 24 | — | $66.1M | ||
| Q1 24 | — | $82.1M |
| Q4 25 | — | $432.2M | ||
| Q3 25 | $116.1M | $433.3M | ||
| Q2 25 | $25.0M | $434.4M | ||
| Q1 25 | $20.5M | $435.3M | ||
| Q4 24 | — | $436.2M | ||
| Q3 24 | $22.5M | $437.2M | ||
| Q2 24 | $44.2M | $438.1M | ||
| Q1 24 | $23.1M | $439.0M |
| Q4 25 | — | $452.4M | ||
| Q3 25 | $628.2M | $448.1M | ||
| Q2 25 | $618.3M | $442.4M | ||
| Q1 25 | $610.7M | $433.5M | ||
| Q4 24 | — | $429.5M | ||
| Q3 24 | $627.0M | $423.1M | ||
| Q2 24 | $617.7M | $418.4M | ||
| Q1 24 | $567.9M | $412.0M |
| Q4 25 | — | $582.5M | ||
| Q3 25 | $799.8M | $582.2M | ||
| Q2 25 | $703.8M | $574.8M | ||
| Q1 25 | $690.4M | $571.4M | ||
| Q4 24 | — | $581.6M | ||
| Q3 24 | $722.8M | $578.6M | ||
| Q2 24 | $742.0M | $571.4M | ||
| Q1 24 | $704.1M | $566.7M |
| Q4 25 | — | 0.96× | ||
| Q3 25 | 0.18× | 0.97× | ||
| Q2 25 | 0.04× | 0.98× | ||
| Q1 25 | 0.03× | 1.00× | ||
| Q4 24 | — | 1.02× | ||
| Q3 24 | 0.04× | 1.03× | ||
| Q2 24 | 0.07× | 1.05× | ||
| Q1 24 | 0.04× | 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 | $17.9M | $40.9M |
| Free Cash FlowOCF − Capex | — | $33.5M |
| FCF MarginFCF / Revenue | — | 47.1% |
| Capex IntensityCapex / Revenue | — | 10.4% |
| Cash ConversionOCF / Net Profit | 1.40× | 28.39× |
| TTM Free Cash FlowTrailing 4 quarters | — | $56.8M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $40.9M | ||
| Q3 25 | $17.9M | $17.7M | ||
| Q2 25 | $11.2M | $4.6M | ||
| Q1 25 | $26.3M | $5.7M | ||
| Q4 24 | — | $59.7M | ||
| Q3 24 | $39.9M | $17.6M | ||
| Q2 24 | $48.4M | $15.9M | ||
| Q1 24 | $49.2M | $9.4M |
| 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 24 | — | $6.8M |
| 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 24 | — | 8.6% |
| 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 24 | — | 3.3% |
| Q4 25 | — | 28.39× | ||
| Q3 25 | 1.40× | 4.45× | ||
| Q2 25 | 1.17× | 0.97× | ||
| Q1 25 | 4.20× | — | ||
| Q4 24 | — | 10.28× | ||
| Q3 24 | 1.65× | 18.22× | ||
| Q2 24 | 0.77× | 4.29× | ||
| Q1 24 | 1.25× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
ASC
Segment breakdown not available.
RMAX
| Franchising Segment | $50.1M | 70% |
| Broker Fees | $13.9M | 20% |
| Annual Dues | $7.4M | 10% |
