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Side-by-side financial comparison of Elme Communities (ELME) and RE/MAX Holdings, Inc. (RMAX). Click either name above to swap in a different company.
RE/MAX Holdings, Inc. is the larger business by last-quarter revenue ($71.1M vs $62.1M, roughly 1.1× Elme Communities). RE/MAX Holdings, Inc. runs the higher net margin — 2.0% vs -198.9%, a 200.9% gap on every dollar of revenue. On growth, Elme Communities posted the faster year-over-year revenue change (1.7% vs -1.8%). RE/MAX Holdings, Inc. produced more free cash flow last quarter ($33.5M vs $7.2M). Over the past eight quarters, Elme Communities's revenue compounded faster (2.7% CAGR vs -4.7%).
Elme Communities is a publicly traded U.S. real estate investment trust that primarily owns, operates and develops high-quality multifamily residential communities. It focuses on key growth markets across the U.S. Mid-Atlantic and Southeast, offering affordable to mid-tier housing options for diverse renter groups.
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.
ELME vs RMAX — Head-to-Head
Income Statement — Q3 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $62.1M | $71.1M |
| Net Profit | $-123.5M | $1.4M |
| Gross Margin | 61.1% | — |
| Operating Margin | -183.3% | 13.1% |
| Net Margin | -198.9% | 2.0% |
| Revenue YoY | 1.7% | -1.8% |
| Net Profit YoY | -4058.7% | -75.2% |
| EPS (diluted) | $-1.40 | — |
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 | $62.1M | $73.2M | ||
| Q2 25 | $62.1M | $72.8M | ||
| Q1 25 | $61.5M | $74.5M | ||
| Q4 24 | $61.3M | $72.5M | ||
| Q3 24 | $61.1M | $78.5M | ||
| Q2 24 | $60.1M | $78.5M | ||
| Q1 24 | $59.5M | $78.3M |
| Q4 25 | — | $1.4M | ||
| Q3 25 | $-123.5M | $4.0M | ||
| Q2 25 | $-3.6M | $4.7M | ||
| Q1 25 | $-4.7M | $-2.0M | ||
| Q4 24 | $-3.0M | $5.8M | ||
| Q3 24 | $-3.0M | $966.0K | ||
| Q2 24 | $-3.5M | $3.7M | ||
| Q1 24 | $-3.6M | $-3.4M |
| Q4 25 | — | — | ||
| Q3 25 | 61.1% | — | ||
| Q2 25 | 63.5% | — | ||
| Q1 25 | 64.2% | — | ||
| Q4 24 | 62.9% | — | ||
| Q3 24 | 63.5% | — | ||
| Q2 24 | 63.4% | — | ||
| Q1 24 | 63.5% | — |
| Q4 25 | — | 13.1% | ||
| Q3 25 | -183.3% | 25.0% | ||
| Q2 25 | 9.6% | 19.3% | ||
| Q1 25 | 7.8% | 7.2% | ||
| Q4 24 | 10.4% | 5.9% | ||
| Q3 24 | 11.0% | 19.4% | ||
| Q2 24 | 9.8% | 20.6% | ||
| Q1 24 | 7.5% | 5.8% |
| Q4 25 | — | 2.0% | ||
| Q3 25 | -198.9% | 5.4% | ||
| Q2 25 | -5.7% | 6.4% | ||
| Q1 25 | -7.6% | -2.6% | ||
| Q4 24 | -4.9% | 8.0% | ||
| Q3 24 | -4.9% | 1.2% | ||
| Q2 24 | -5.8% | 4.7% | ||
| Q1 24 | -6.1% | -4.3% |
| Q4 25 | — | — | ||
| Q3 25 | $-1.40 | — | ||
| Q2 25 | $-0.04 | — | ||
| Q1 25 | $-0.05 | — | ||
| Q4 24 | $-0.04 | — | ||
| Q3 24 | $-0.03 | — | ||
| Q2 24 | $-0.04 | — | ||
| Q1 24 | $-0.04 | — |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $7.1M | $118.7M |
| Total DebtLower is stronger | — | $432.2M |
| Stockholders' EquityBook value | $908.9M | $452.4M |
| Total Assets | $1.7B | $582.5M |
| Debt / EquityLower = less leverage | — | 0.96× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $118.7M | ||
| Q3 25 | $7.1M | $107.5M | ||
| Q2 25 | $4.8M | $94.3M | ||
| Q1 25 | $6.4M | $89.1M | ||
| Q4 24 | $6.1M | $96.6M | ||
| Q3 24 | $4.8M | $83.8M | ||
| Q2 24 | $5.6M | $66.1M | ||
| Q1 24 | $4.2M | $82.1M |
| Q4 25 | — | $432.2M | ||
| Q3 25 | — | $433.3M | ||
| Q2 25 | — | $434.4M | ||
| Q1 25 | — | $435.3M | ||
| Q4 24 | — | $436.2M | ||
| Q3 24 | — | $437.2M | ||
| Q2 24 | — | $438.1M | ||
| Q1 24 | — | $439.0M |
| Q4 25 | — | $452.4M | ||
| Q3 25 | $908.9M | $448.1M | ||
| Q2 25 | $1.0B | $442.4M | ||
| Q1 25 | $1.1B | $433.5M | ||
| Q4 24 | $1.1B | $429.5M | ||
| Q3 24 | $1.1B | $423.1M | ||
| Q2 24 | $1.1B | $418.4M | ||
| Q1 24 | $1.1B | $412.0M |
| Q4 25 | — | $582.5M | ||
| Q3 25 | $1.7B | $582.2M | ||
| Q2 25 | $1.8B | $574.8M | ||
| Q1 25 | $1.8B | $571.4M | ||
| Q4 24 | $1.8B | $581.6M | ||
| Q3 24 | $1.9B | $578.6M | ||
| Q2 24 | $1.9B | $571.4M | ||
| Q1 24 | $1.9B | $566.7M |
| Q4 25 | — | 0.96× | ||
| Q3 25 | — | 0.97× | ||
| Q2 25 | — | 0.98× | ||
| Q1 25 | — | 1.00× | ||
| Q4 24 | — | 1.02× | ||
| Q3 24 | — | 1.03× | ||
| Q2 24 | — | 1.05× | ||
| Q1 24 | — | 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 | $15.9M | $40.9M |
| Free Cash FlowOCF − Capex | $7.2M | $33.5M |
| FCF MarginFCF / Revenue | 11.6% | 47.1% |
| Capex IntensityCapex / Revenue | 14.0% | 10.4% |
| Cash ConversionOCF / Net Profit | — | 28.39× |
| TTM Free Cash FlowTrailing 4 quarters | $86.7M | $56.8M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $40.9M | ||
| Q3 25 | $15.9M | $17.7M | ||
| Q2 25 | $29.8M | $4.6M | ||
| Q1 25 | $16.2M | $5.7M | ||
| Q4 24 | $95.2M | $59.7M | ||
| Q3 24 | $20.7M | $17.6M | ||
| Q2 24 | $28.9M | $15.9M | ||
| Q1 24 | $21.2M | $9.4M |
| Q4 25 | — | $33.5M | ||
| Q3 25 | $7.2M | $16.4M | ||
| Q2 25 | $21.1M | $2.9M | ||
| Q1 25 | $10.5M | $4.0M | ||
| Q4 24 | $47.9M | $53.0M | ||
| Q3 24 | $8.8M | $16.3M | ||
| Q2 24 | $21.0M | $14.0M | ||
| Q1 24 | $7.6M | $6.8M |
| Q4 25 | — | 47.1% | ||
| Q3 25 | 11.6% | 22.4% | ||
| Q2 25 | 34.1% | 4.0% | ||
| Q1 25 | 17.1% | 5.3% | ||
| Q4 24 | 78.1% | 73.2% | ||
| Q3 24 | 14.4% | 20.8% | ||
| Q2 24 | 34.9% | 17.8% | ||
| Q1 24 | 12.8% | 8.6% |
| Q4 25 | — | 10.4% | ||
| Q3 25 | 14.0% | 1.8% | ||
| Q2 25 | 14.0% | 2.2% | ||
| Q1 25 | 9.2% | 2.3% | ||
| Q4 24 | 77.4% | 9.1% | ||
| Q3 24 | 19.4% | 1.7% | ||
| Q2 24 | 13.1% | 2.4% | ||
| Q1 24 | 22.9% | 3.3% |
| Q4 25 | — | 28.39× | ||
| Q3 25 | — | 4.45× | ||
| Q2 25 | — | 0.97× | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 10.28× | ||
| Q3 24 | — | 18.22× | ||
| Q2 24 | — | 4.29× | ||
| Q1 24 | — | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
ELME
| Residential Segment | $57.7M | 93% |
| Other | $4.4M | 7% |
RMAX
| Franchising Segment | $50.1M | 70% |
| Broker Fees | $13.9M | 20% |
| Annual Dues | $7.4M | 10% |
