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Side-by-side financial comparison of GRAN TIERRA ENERGY INC. (GTE) and RE/MAX Holdings, Inc. (RMAX). Click either name above to swap in a different company.

GRAN TIERRA ENERGY INC. is the larger business by last-quarter revenue ($124.4M vs $71.1M, roughly 1.7× RE/MAX Holdings, Inc.). RE/MAX Holdings, Inc. runs the higher net margin — 2.0% vs -113.4%, a 115.4% 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 -11.1%).

Gran Tierra Energy is an energy company founded by Jeffrey Scott, Dana Coffield, Max Wei, Jim Hart and Rafael Orunesu in May 2005. The company, based in Calgary, Alberta, Canada, focuses on oil and gas exploration, development and production, particularly in South America. The company announced its intentions to merge with Solana Resources on 29 July 2008.

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.

GTE vs RMAX — Head-to-Head

Bigger by revenue
GTE
GTE
1.7× larger
GTE
$124.4M
$71.1M
RMAX
Growing faster (revenue YoY)
RMAX
RMAX
+13.7% gap
RMAX
-1.8%
-15.5%
GTE
Higher net margin
RMAX
RMAX
115.4% more per $
RMAX
2.0%
-113.4%
GTE
Faster 2-yr revenue CAGR
RMAX
RMAX
Annualised
RMAX
-4.7%
-11.1%
GTE

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
GTE
GTE
RMAX
RMAX
Revenue
$124.4M
$71.1M
Net Profit
$-141.1M
$1.4M
Gross Margin
Operating Margin
-142.9%
13.1%
Net Margin
-113.4%
2.0%
Revenue YoY
-15.5%
-1.8%
Net Profit YoY
-312.6%
-75.2%
EPS (diluted)
$-3.98

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
GTE
GTE
RMAX
RMAX
Q4 25
$124.4M
$71.1M
Q3 25
$149.3M
$73.2M
Q2 25
$152.5M
$72.8M
Q1 25
$170.5M
$74.5M
Q4 24
$147.3M
$72.5M
Q3 24
$151.4M
$78.5M
Q2 24
$165.6M
$78.5M
Q1 24
$157.6M
$78.3M
Net Profit
GTE
GTE
RMAX
RMAX
Q4 25
$-141.1M
$1.4M
Q3 25
$-19.9M
$4.0M
Q2 25
$-12.7M
$4.7M
Q1 25
$-19.3M
$-2.0M
Q4 24
$-34.2M
$5.8M
Q3 24
$1.1M
$966.0K
Q2 24
$36.4M
$3.7M
Q1 24
$-78.0K
$-3.4M
Operating Margin
GTE
GTE
RMAX
RMAX
Q4 25
-142.9%
13.1%
Q3 25
-20.9%
25.0%
Q2 25
-5.3%
19.3%
Q1 25
-9.2%
7.2%
Q4 24
-14.9%
5.9%
Q3 24
14.5%
19.4%
Q2 24
16.5%
20.6%
Q1 24
11.0%
5.8%
Net Margin
GTE
GTE
RMAX
RMAX
Q4 25
-113.4%
2.0%
Q3 25
-13.4%
5.4%
Q2 25
-8.4%
6.4%
Q1 25
-11.3%
-2.6%
Q4 24
-23.2%
8.0%
Q3 24
0.7%
1.2%
Q2 24
22.0%
4.7%
Q1 24
-0.0%
-4.3%
EPS (diluted)
GTE
GTE
RMAX
RMAX
Q4 25
$-3.98
Q3 25
$-0.57
Q2 25
$-0.36
Q1 25
$-0.54
Q4 24
$-1.10
Q3 24
$0.04
Q2 24
$1.16
Q1 24
$0.00

Balance Sheet & Financial Strength

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

Metric
GTE
GTE
RMAX
RMAX
Cash + ST InvestmentsLiquidity on hand
$82.9M
$118.7M
Total DebtLower is stronger
$686.5M
$432.2M
Stockholders' EquityBook value
$228.7M
$452.4M
Total Assets
$1.6B
$582.5M
Debt / EquityLower = less leverage
3.00×
0.96×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GTE
GTE
RMAX
RMAX
Q4 25
$82.9M
$118.7M
Q3 25
$49.1M
$107.5M
Q2 25
$61.0M
$94.3M
Q1 25
$76.6M
$89.1M
Q4 24
$103.4M
$96.6M
Q3 24
$277.6M
$83.8M
Q2 24
$115.3M
$66.1M
Q1 24
$126.6M
$82.1M
Total Debt
GTE
GTE
RMAX
RMAX
Q4 25
$686.5M
$432.2M
Q3 25
$761.8M
$433.3M
Q2 25
$772.6M
$434.4M
Q1 25
$726.3M
$435.3M
Q4 24
$722.1M
$436.2M
Q3 24
$718.4M
$437.2M
Q2 24
$582.1M
$438.1M
Q1 24
$583.1M
$439.0M
Stockholders' Equity
GTE
GTE
RMAX
RMAX
Q4 25
$228.7M
$452.4M
Q3 25
$366.0M
$448.1M
Q2 25
$389.8M
$442.4M
Q1 25
$393.8M
$433.5M
Q4 24
$413.6M
$429.5M
Q3 24
$420.9M
$423.1M
Q2 24
$420.9M
$418.4M
Q1 24
$392.0M
$412.0M
Total Assets
GTE
GTE
RMAX
RMAX
Q4 25
$1.6B
$582.5M
Q3 25
$1.7B
$582.2M
Q2 25
$1.7B
$574.8M
Q1 25
$1.7B
$571.4M
Q4 24
$1.7B
$581.6M
Q3 24
$1.5B
$578.6M
Q2 24
$1.4B
$571.4M
Q1 24
$1.4B
$566.7M
Debt / Equity
GTE
GTE
RMAX
RMAX
Q4 25
3.00×
0.96×
Q3 25
2.08×
0.97×
Q2 25
1.98×
0.98×
Q1 25
1.84×
1.00×
Q4 24
1.75×
1.02×
Q3 24
1.71×
1.03×
Q2 24
1.38×
1.05×
Q1 24
1.49×
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
GTE
GTE
RMAX
RMAX
Operating Cash FlowLast quarter
$157.2M
$40.9M
Free Cash FlowOCF − Capex
$33.5M
FCF MarginFCF / Revenue
47.1%
Capex IntensityCapex / Revenue
10.4%
Cash ConversionOCF / Net Profit
28.39×
TTM Free Cash FlowTrailing 4 quarters
$56.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
GTE
GTE
RMAX
RMAX
Q4 25
$157.2M
$40.9M
Q3 25
$48.1M
$17.7M
Q2 25
$34.7M
$4.6M
Q1 25
$73.2M
$5.7M
Q4 24
$26.6M
$59.7M
Q3 24
$78.7M
$17.6M
Q2 24
$73.2M
$15.9M
Q1 24
$60.8M
$9.4M
Free Cash Flow
GTE
GTE
RMAX
RMAX
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
FCF Margin
GTE
GTE
RMAX
RMAX
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%
Capex Intensity
GTE
GTE
RMAX
RMAX
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%
Cash Conversion
GTE
GTE
RMAX
RMAX
Q4 25
28.39×
Q3 25
4.45×
Q2 25
0.97×
Q1 25
Q4 24
10.28×
Q3 24
69.42×
18.22×
Q2 24
2.01×
4.29×
Q1 24

Financial Flow Comparison

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

Revenue Breakdown by Segment

GTE
GTE

Colombia Segment$89.1M72%
Other$22.9M18%
Ecuador Segment$12.5M10%

RMAX
RMAX

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

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