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Side-by-side financial comparison of Cohen & Co Inc. (COHN) and RE/MAX Holdings, Inc. (RMAX). Click either name above to swap in a different company.

Cohen & Co Inc. is the larger business by last-quarter revenue ($102.7M vs $71.1M, roughly 1.4× RE/MAX Holdings, Inc.). On growth, Cohen & Co Inc. posted the faster year-over-year revenue change (454.1% vs -1.8%). RE/MAX Holdings, Inc. produced more free cash flow last quarter ($33.5M vs $-2.5M). Over the past eight quarters, Cohen & Co Inc.'s revenue compounded faster (135.3% CAGR vs -4.7%).

George Cohen, Sons and Company was a scrap metal merchant with offices in Commercial Road, London. The company was founded by George Henry Cohen (d.1890) as Messrs. George Cohen & Co. in 1834 and changed its name to George Cohen, Sons and Co. in 1883 on the appointment of Michael Cohen, son of the founder. After the First World War the company won a number of large contracts to dispose of surplus munitions including "400,000 tons of high explosives and other shells". The company also engaged ...

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.

COHN vs RMAX — Head-to-Head

Bigger by revenue
COHN
COHN
1.4× larger
COHN
$102.7M
$71.1M
RMAX
Growing faster (revenue YoY)
COHN
COHN
+456.0% gap
COHN
454.1%
-1.8%
RMAX
More free cash flow
RMAX
RMAX
$36.0M more FCF
RMAX
$33.5M
$-2.5M
COHN
Faster 2-yr revenue CAGR
COHN
COHN
Annualised
COHN
135.3%
-4.7%
RMAX

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
COHN
COHN
RMAX
RMAX
Revenue
$102.7M
$71.1M
Net Profit
$1.4M
Gross Margin
Operating Margin
29.2%
13.1%
Net Margin
2.0%
Revenue YoY
454.1%
-1.8%
Net Profit YoY
-75.2%
EPS (diluted)
$0.77

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
COHN
COHN
RMAX
RMAX
Q4 25
$102.7M
$71.1M
Q3 25
$84.2M
$73.2M
Q2 25
$59.9M
$72.8M
Q1 25
$28.7M
$74.5M
Q4 24
$18.5M
$72.5M
Q3 24
$31.7M
$78.5M
Q2 24
$10.8M
$78.5M
Q1 24
$18.6M
$78.3M
Net Profit
COHN
COHN
RMAX
RMAX
Q4 25
$1.4M
Q3 25
$4.6M
$4.0M
Q2 25
$1.4M
$4.7M
Q1 25
$329.0K
$-2.0M
Q4 24
$5.8M
Q3 24
$2.1M
$966.0K
Q2 24
$-2.3M
$3.7M
Q1 24
$2.0M
$-3.4M
Operating Margin
COHN
COHN
RMAX
RMAX
Q4 25
29.2%
13.1%
Q3 25
25.8%
25.0%
Q2 25
12.5%
19.3%
Q1 25
0.4%
7.2%
Q4 24
-29.7%
5.9%
Q3 24
22.8%
19.4%
Q2 24
-59.0%
20.6%
Q1 24
-18.2%
5.8%
Net Margin
COHN
COHN
RMAX
RMAX
Q4 25
2.0%
Q3 25
5.5%
5.4%
Q2 25
2.4%
6.4%
Q1 25
1.1%
-2.6%
Q4 24
8.0%
Q3 24
6.8%
1.2%
Q2 24
-21.8%
4.7%
Q1 24
10.9%
-4.3%
EPS (diluted)
COHN
COHN
RMAX
RMAX
Q4 25
$0.77
Q3 25
$2.58
Q2 25
$0.81
Q1 25
$0.19
Q4 24
$-1.20
Q3 24
$1.31
Q2 24
$-1.47
Q1 24
$1.28

Balance Sheet & Financial Strength

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

Metric
COHN
COHN
RMAX
RMAX
Cash + ST InvestmentsLiquidity on hand
$56.8M
$118.7M
Total DebtLower is stronger
$32.9M
$432.2M
Stockholders' EquityBook value
$51.1M
$452.4M
Total Assets
$700.6M
$582.5M
Debt / EquityLower = less leverage
0.64×
0.96×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
COHN
COHN
RMAX
RMAX
Q4 25
$56.8M
$118.7M
Q3 25
$54.7M
$107.5M
Q2 25
$26.0M
$94.3M
Q1 25
$14.0M
$89.1M
Q4 24
$19.6M
$96.6M
Q3 24
$14.3M
$83.8M
Q2 24
$9.6M
$66.1M
Q1 24
$11.8M
$82.1M
Total Debt
COHN
COHN
RMAX
RMAX
Q4 25
$32.9M
$432.2M
Q3 25
$32.7M
$433.3M
Q2 25
$32.6M
$434.4M
Q1 25
$35.0M
$435.3M
Q4 24
$34.9M
$436.2M
Q3 24
$34.9M
$437.2M
Q2 24
$29.7M
$438.1M
Q1 24
$29.7M
$439.0M
Stockholders' Equity
COHN
COHN
RMAX
RMAX
Q4 25
$51.1M
$452.4M
Q3 25
$47.8M
$448.1M
Q2 25
$43.4M
$442.4M
Q1 25
$42.0M
$433.5M
Q4 24
$41.7M
$429.5M
Q3 24
$43.8M
$423.1M
Q2 24
$41.7M
$418.4M
Q1 24
$43.8M
$412.0M
Total Assets
COHN
COHN
RMAX
RMAX
Q4 25
$700.6M
$582.5M
Q3 25
$773.9M
$582.2M
Q2 25
$1.1B
$574.8M
Q1 25
$978.0M
$571.4M
Q4 24
$971.1M
$581.6M
Q3 24
$818.0M
$578.6M
Q2 24
$826.0M
$571.4M
Q1 24
$1.1B
$566.7M
Debt / Equity
COHN
COHN
RMAX
RMAX
Q4 25
0.64×
0.96×
Q3 25
0.68×
0.97×
Q2 25
0.75×
0.98×
Q1 25
0.83×
1.00×
Q4 24
0.84×
1.02×
Q3 24
0.80×
1.03×
Q2 24
0.71×
1.05×
Q1 24
0.68×
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
COHN
COHN
RMAX
RMAX
Operating Cash FlowLast quarter
$-2.1M
$40.9M
Free Cash FlowOCF − Capex
$-2.5M
$33.5M
FCF MarginFCF / Revenue
-2.4%
47.1%
Capex IntensityCapex / Revenue
0.4%
10.4%
Cash ConversionOCF / Net Profit
28.39×
TTM Free Cash FlowTrailing 4 quarters
$26.1M
$56.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
COHN
COHN
RMAX
RMAX
Q4 25
$-2.1M
$40.9M
Q3 25
$22.4M
$17.7M
Q2 25
$13.3M
$4.6M
Q1 25
$-6.4M
$5.7M
Q4 24
$4.4M
$59.7M
Q3 24
$4.1M
$17.6M
Q2 24
$-4.2M
$15.9M
Q1 24
$5.1M
$9.4M
Free Cash Flow
COHN
COHN
RMAX
RMAX
Q4 25
$-2.5M
$33.5M
Q3 25
$22.2M
$16.4M
Q2 25
$12.9M
$2.9M
Q1 25
$-6.5M
$4.0M
Q4 24
$4.0M
$53.0M
Q3 24
$3.8M
$16.3M
Q2 24
$-4.6M
$14.0M
Q1 24
$5.0M
$6.8M
FCF Margin
COHN
COHN
RMAX
RMAX
Q4 25
-2.4%
47.1%
Q3 25
26.3%
22.4%
Q2 25
21.6%
4.0%
Q1 25
-22.7%
5.3%
Q4 24
21.4%
73.2%
Q3 24
12.0%
20.8%
Q2 24
-42.4%
17.8%
Q1 24
27.1%
8.6%
Capex Intensity
COHN
COHN
RMAX
RMAX
Q4 25
0.4%
10.4%
Q3 25
0.3%
1.8%
Q2 25
0.7%
2.2%
Q1 25
0.5%
2.3%
Q4 24
2.5%
9.1%
Q3 24
1.0%
1.7%
Q2 24
3.5%
2.4%
Q1 24
0.5%
3.3%
Cash Conversion
COHN
COHN
RMAX
RMAX
Q4 25
28.39×
Q3 25
4.88×
4.45×
Q2 25
9.48×
0.97×
Q1 25
-19.37×
Q4 24
10.28×
Q3 24
1.91×
18.22×
Q2 24
4.29×
Q1 24
2.54×

Financial Flow Comparison

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

Revenue Breakdown by Segment

COHN
COHN

Capital Markets$68.5M67%
Other$25.7M25%
Gestational Repo Business$5.6M5%
Asset Management Segment$2.9M3%

RMAX
RMAX

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

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