vs
Side-by-side financial comparison of InvenTrust Properties Corp. (IVT) and RE/MAX Holdings, Inc. (RMAX). Click either name above to swap in a different company.
InvenTrust Properties Corp. is the larger business by last-quarter revenue ($77.4M vs $71.1M, roughly 1.1× RE/MAX Holdings, Inc.). InvenTrust Properties Corp. runs the higher net margin — 3.4% vs 2.0%, a 1.4% gap on every dollar of revenue. On growth, InvenTrust Properties Corp. posted the faster year-over-year revenue change (8.6% vs -1.8%). InvenTrust Properties Corp. produced more free cash flow last quarter ($110.9M vs $33.5M). Over the past eight quarters, InvenTrust Properties Corp.'s revenue compounded faster (7.6% CAGR vs -4.7%).
InvenTrust Properties Corp. is a real estate investment trust that invests in shopping malls. As of December 31, 2024, the company owned interests in 68 properties comprising 11.0 million square feet.
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.
IVT vs RMAX — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $77.4M | $71.1M |
| Net Profit | $2.7M | $1.4M |
| Gross Margin | — | — |
| Operating Margin | -11.0% | 13.1% |
| Net Margin | 3.4% | 2.0% |
| Revenue YoY | 8.6% | -1.8% |
| Net Profit YoY | -72.8% | -75.2% |
| EPS (diluted) | $0.02 | — |
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 | $77.4M | $71.1M | ||
| Q3 25 | $74.5M | $73.2M | ||
| Q2 25 | $73.6M | $72.8M | ||
| Q1 25 | $73.8M | $74.5M | ||
| Q4 24 | $71.2M | $72.5M | ||
| Q3 24 | $68.5M | $78.5M | ||
| Q2 24 | $67.4M | $78.5M | ||
| Q1 24 | $66.8M | $78.3M |
| Q4 25 | $2.7M | $1.4M | ||
| Q3 25 | $6.0M | $4.0M | ||
| Q2 25 | $95.9M | $4.7M | ||
| Q1 25 | $6.8M | $-2.0M | ||
| Q4 24 | $9.8M | $5.8M | ||
| Q3 24 | $-539.0K | $966.0K | ||
| Q2 24 | $1.5M | $3.7M | ||
| Q1 24 | $2.9M | $-3.4M |
| Q4 25 | -11.0% | 13.1% | ||
| Q3 25 | -9.8% | 25.0% | ||
| Q2 25 | — | 19.3% | ||
| Q1 25 | -10.5% | 7.2% | ||
| Q4 24 | -3.6% | 5.9% | ||
| Q3 24 | -18.7% | 19.4% | ||
| Q2 24 | -13.6% | 20.6% | ||
| Q1 24 | -13.1% | 5.8% |
| Q4 25 | 3.4% | 2.0% | ||
| Q3 25 | 8.1% | 5.4% | ||
| Q2 25 | 130.4% | 6.4% | ||
| Q1 25 | 9.2% | -2.6% | ||
| Q4 24 | 13.8% | 8.0% | ||
| Q3 24 | -0.8% | 1.2% | ||
| Q2 24 | 2.2% | 4.7% | ||
| Q1 24 | 4.3% | -4.3% |
| Q4 25 | $0.02 | — | ||
| Q3 25 | $0.08 | — | ||
| Q2 25 | $1.23 | — | ||
| Q1 25 | $0.09 | — | ||
| Q4 24 | $0.14 | — | ||
| Q3 24 | $-0.01 | — | ||
| Q2 24 | $0.02 | — | ||
| 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 | — | $118.7M |
| Total DebtLower is stronger | $825.9M | $432.2M |
| Stockholders' EquityBook value | $1.8B | $452.4M |
| Total Assets | $2.8B | $582.5M |
| Debt / EquityLower = less leverage | 0.46× | 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 | $825.9M | $432.2M | ||
| Q3 25 | $764.6M | $433.3M | ||
| Q2 25 | $746.3M | $434.4M | ||
| Q1 25 | $740.7M | $435.3M | ||
| Q4 24 | $740.4M | $436.2M | ||
| Q3 24 | $740.1M | $437.2M | ||
| Q2 24 | $812.2M | $438.1M | ||
| Q1 24 | $827.5M | $439.0M |
| Q4 25 | $1.8B | $452.4M | ||
| Q3 25 | $1.8B | $448.1M | ||
| Q2 25 | $1.8B | $442.4M | ||
| Q1 25 | $1.7B | $433.5M | ||
| Q4 24 | $1.8B | $429.5M | ||
| Q3 24 | $1.8B | $423.1M | ||
| Q2 24 | $1.5B | $418.4M | ||
| Q1 24 | $1.5B | $412.0M |
| Q4 25 | $2.8B | $582.5M | ||
| Q3 25 | $2.7B | $582.2M | ||
| Q2 25 | $2.7B | $574.8M | ||
| Q1 25 | $2.6B | $571.4M | ||
| Q4 24 | $2.6B | $581.6M | ||
| Q3 24 | $2.6B | $578.6M | ||
| Q2 24 | $2.5B | $571.4M | ||
| Q1 24 | $2.5B | $566.7M |
| Q4 25 | 0.46× | 0.96× | ||
| Q3 25 | 0.42× | 0.97× | ||
| Q2 25 | 0.41× | 0.98× | ||
| Q1 25 | 0.42× | 1.00× | ||
| Q4 24 | 0.42× | 1.02× | ||
| Q3 24 | 0.42× | 1.03× | ||
| Q2 24 | 0.53× | 1.05× | ||
| Q1 24 | 0.53× | 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 | $155.4M | $40.9M |
| Free Cash FlowOCF − Capex | $110.9M | $33.5M |
| FCF MarginFCF / Revenue | 143.3% | 47.1% |
| Capex IntensityCapex / Revenue | 57.5% | 10.4% |
| Cash ConversionOCF / Net Profit | 58.41× | 28.39× |
| TTM Free Cash FlowTrailing 4 quarters | $193.1M | $56.8M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $155.4M | $40.9M | ||
| Q3 25 | $43.8M | $17.7M | ||
| Q2 25 | $48.7M | $4.6M | ||
| Q1 25 | $20.2M | $5.7M | ||
| Q4 24 | $136.9M | $59.7M | ||
| Q3 24 | $38.4M | $17.6M | ||
| Q2 24 | $46.7M | $15.9M | ||
| Q1 24 | $14.8M | $9.4M |
| Q4 25 | $110.9M | $33.5M | ||
| Q3 25 | $31.4M | $16.4M | ||
| Q2 25 | $38.0M | $2.9M | ||
| Q1 25 | $12.8M | $4.0M | ||
| Q4 24 | $100.8M | $53.0M | ||
| Q3 24 | $29.3M | $16.3M | ||
| Q2 24 | $37.2M | $14.0M | ||
| Q1 24 | $7.7M | $6.8M |
| Q4 25 | 143.3% | 47.1% | ||
| Q3 25 | 42.2% | 22.4% | ||
| Q2 25 | 51.6% | 4.0% | ||
| Q1 25 | 17.4% | 5.3% | ||
| Q4 24 | 141.5% | 73.2% | ||
| Q3 24 | 42.8% | 20.8% | ||
| Q2 24 | 55.2% | 17.8% | ||
| Q1 24 | 11.5% | 8.6% |
| Q4 25 | 57.5% | 10.4% | ||
| Q3 25 | 16.7% | 1.8% | ||
| Q2 25 | 14.6% | 2.2% | ||
| Q1 25 | 10.0% | 2.3% | ||
| Q4 24 | 50.7% | 9.1% | ||
| Q3 24 | 13.3% | 1.7% | ||
| Q2 24 | 14.0% | 2.4% | ||
| Q1 24 | 10.6% | 3.3% |
| Q4 25 | 58.41× | 28.39× | ||
| Q3 25 | 7.27× | 4.45× | ||
| Q2 25 | 0.51× | 0.97× | ||
| Q1 25 | 2.97× | — | ||
| Q4 24 | 13.97× | 10.28× | ||
| Q3 24 | — | 18.22× | ||
| Q2 24 | 31.15× | 4.29× | ||
| Q1 24 | 5.10× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
IVT
Segment breakdown not available.
RMAX
| Franchising Segment | $50.1M | 70% |
| Broker Fees | $13.9M | 20% |
| Annual Dues | $7.4M | 10% |
