vs
Side-by-side financial comparison of HALLADOR ENERGY CO (HNRG) and RE/MAX Holdings, Inc. (RMAX). Click either name above to swap in a different company.
HALLADOR ENERGY CO is the larger business by last-quarter revenue ($101.9M vs $71.1M, roughly 1.4× RE/MAX Holdings, Inc.). RE/MAX Holdings, Inc. runs the higher net margin — 2.0% vs -0.2%, a 2.3% gap on every dollar of revenue. On growth, HALLADOR ENERGY CO posted the faster year-over-year revenue change (8.9% vs -1.8%). RE/MAX Holdings, Inc. produced more free cash flow last quarter ($33.5M vs $-16.8M). Over the past eight quarters, HALLADOR ENERGY CO's revenue compounded faster (-4.4% CAGR vs -4.7%).
Hallador Energy Co is a U.S.-based energy firm focused on low-sulfur coal production and electric generation operations. It serves the North American market, supplying coal to utility and industrial clients, and delivering power to regional residential and commercial segments.
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.
HNRG vs RMAX — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $101.9M | $71.1M |
| Net Profit | $-240.0K | $1.4M |
| Gross Margin | — | — |
| Operating Margin | 6.1% | 13.1% |
| Net Margin | -0.2% | 2.0% |
| Revenue YoY | 8.9% | -1.8% |
| Net Profit YoY | 99.9% | -75.2% |
| EPS (diluted) | $-0.01 | — |
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 | $101.9M | $71.1M | ||
| Q3 25 | $146.8M | $73.2M | ||
| Q2 25 | $102.9M | $72.8M | ||
| Q1 25 | $117.8M | $74.5M | ||
| Q4 24 | $93.6M | $72.5M | ||
| Q3 24 | $105.2M | $78.5M | ||
| Q2 24 | $93.8M | $78.5M | ||
| Q1 24 | $111.6M | $78.3M |
| Q4 25 | $-240.0K | $1.4M | ||
| Q3 25 | $23.9M | $4.0M | ||
| Q2 25 | $8.2M | $4.7M | ||
| Q1 25 | $10.0M | $-2.0M | ||
| Q4 24 | $-215.8M | $5.8M | ||
| Q3 24 | $1.6M | $966.0K | ||
| Q2 24 | $-10.2M | $3.7M | ||
| Q1 24 | $-1.7M | $-3.4M |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | 23.7% | — |
| Q4 25 | 6.1% | 13.1% | ||
| Q3 25 | 19.8% | 25.0% | ||
| Q2 25 | 11.5% | 19.3% | ||
| Q1 25 | 11.8% | 7.2% | ||
| Q4 24 | -233.5% | 5.9% | ||
| Q3 24 | 4.5% | 19.4% | ||
| Q2 24 | -7.8% | 20.6% | ||
| Q1 24 | 2.4% | 5.8% |
| Q4 25 | -0.2% | 2.0% | ||
| Q3 25 | 16.3% | 5.4% | ||
| Q2 25 | 8.0% | 6.4% | ||
| Q1 25 | 8.5% | -2.6% | ||
| Q4 24 | -230.5% | 8.0% | ||
| Q3 24 | 1.5% | 1.2% | ||
| Q2 24 | -10.9% | 4.7% | ||
| Q1 24 | -1.5% | -4.3% |
| Q4 25 | $-0.01 | — | ||
| Q3 25 | $0.55 | — | ||
| Q2 25 | $0.19 | — | ||
| Q1 25 | $0.23 | — | ||
| Q4 24 | $-5.44 | — | ||
| Q3 24 | $0.04 | — | ||
| Q2 24 | $-0.27 | — | ||
| Q1 24 | $-0.05 | — |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $10.1M | $118.7M |
| Total DebtLower is stronger | $29.7M | $432.2M |
| Stockholders' EquityBook value | $159.8M | $452.4M |
| Total Assets | $408.1M | $582.5M |
| Debt / EquityLower = less leverage | 0.19× | 0.96× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $10.1M | $118.7M | ||
| Q3 25 | $12.7M | $107.5M | ||
| Q2 25 | $9.2M | $94.3M | ||
| Q1 25 | $6.9M | $89.1M | ||
| Q4 24 | $7.2M | $96.6M | ||
| Q3 24 | $3.8M | $83.8M | ||
| Q2 24 | $6.4M | $66.1M | ||
| Q1 24 | $1.6M | $82.1M |
| Q4 25 | $29.7M | $432.2M | ||
| Q3 25 | $42.7M | $433.3M | ||
| Q2 25 | $43.1M | $434.4M | ||
| Q1 25 | $21.0M | $435.3M | ||
| Q4 24 | $41.5M | $436.2M | ||
| Q3 24 | $67.0M | $437.2M | ||
| Q2 24 | $42.7M | $438.1M | ||
| Q1 24 | $73.8M | $439.0M |
| Q4 25 | $159.8M | $452.4M | ||
| Q3 25 | $146.2M | $448.1M | ||
| Q2 25 | $122.2M | $442.4M | ||
| Q1 25 | $115.3M | $433.5M | ||
| Q4 24 | $104.3M | $429.5M | ||
| Q3 24 | $318.8M | $423.1M | ||
| Q2 24 | $316.2M | $418.4M | ||
| Q1 24 | $283.9M | $412.0M |
| Q4 25 | $408.1M | $582.5M | ||
| Q3 25 | $409.5M | $582.2M | ||
| Q2 25 | $409.5M | $574.8M | ||
| Q1 25 | $366.1M | $571.4M | ||
| Q4 24 | $369.1M | $581.6M | ||
| Q3 24 | $579.7M | $578.6M | ||
| Q2 24 | $595.2M | $571.4M | ||
| Q1 24 | $585.4M | $566.7M |
| Q4 25 | 0.19× | 0.96× | ||
| Q3 25 | 0.29× | 0.97× | ||
| Q2 25 | 0.35× | 0.98× | ||
| Q1 25 | 0.18× | 1.00× | ||
| Q4 24 | 0.40× | 1.02× | ||
| Q3 24 | 0.21× | 1.03× | ||
| Q2 24 | 0.13× | 1.05× | ||
| Q1 24 | 0.26× | 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 | $8.2M | $40.9M |
| Free Cash FlowOCF − Capex | $-16.8M | $33.5M |
| FCF MarginFCF / Revenue | -16.5% | 47.1% |
| Capex IntensityCapex / Revenue | 24.5% | 10.4% |
| Cash ConversionOCF / Net Profit | — | 28.39× |
| TTM Free Cash FlowTrailing 4 quarters | $11.9M | $56.8M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $8.2M | $40.9M | ||
| Q3 25 | $23.2M | $17.7M | ||
| Q2 25 | $11.4M | $4.6M | ||
| Q1 25 | $38.4M | $5.7M | ||
| Q4 24 | $38.9M | $59.7M | ||
| Q3 24 | $-12.9M | $17.6M | ||
| Q2 24 | $23.5M | $15.9M | ||
| Q1 24 | $16.4M | $9.4M |
| Q4 25 | $-16.8M | $33.5M | ||
| Q3 25 | $3.7M | $16.4M | ||
| Q2 25 | $-1.7M | $2.9M | ||
| Q1 25 | $26.7M | $4.0M | ||
| Q4 24 | $25.2M | $53.0M | ||
| Q3 24 | $-24.5M | $16.3M | ||
| Q2 24 | $10.4M | $14.0M | ||
| Q1 24 | $1.5M | $6.8M |
| Q4 25 | -16.5% | 47.1% | ||
| Q3 25 | 2.5% | 22.4% | ||
| Q2 25 | -1.6% | 4.0% | ||
| Q1 25 | 22.7% | 5.3% | ||
| Q4 24 | 26.9% | 73.2% | ||
| Q3 24 | -23.3% | 20.8% | ||
| Q2 24 | 11.0% | 17.8% | ||
| Q1 24 | 1.3% | 8.6% |
| Q4 25 | 24.5% | 10.4% | ||
| Q3 25 | 13.3% | 1.8% | ||
| Q2 25 | 12.7% | 2.2% | ||
| Q1 25 | 9.9% | 2.3% | ||
| Q4 24 | 14.7% | 9.1% | ||
| Q3 24 | 11.0% | 1.7% | ||
| Q2 24 | 14.0% | 2.4% | ||
| Q1 24 | 13.3% | 3.3% |
| Q4 25 | — | 28.39× | ||
| Q3 25 | 0.97× | 4.45× | ||
| Q2 25 | 1.38× | 0.97× | ||
| Q1 25 | 3.85× | — | ||
| Q4 24 | — | 10.28× | ||
| Q3 24 | -8.31× | 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
HNRG
| Delivered Energy | $58.6M | 57% |
| Coal Sales | $29.1M | 29% |
| Coal Operations | $14.4M | 14% |
RMAX
| Franchising Segment | $50.1M | 70% |
| Broker Fees | $13.9M | 20% |
| Annual Dues | $7.4M | 10% |
