vs
Side-by-side financial comparison of MasterCraft Boat Holdings, Inc. (MCFT) and RE/MAX Holdings, Inc. (RMAX). Click either name above to swap in a different company.
MasterCraft Boat Holdings, Inc. is the larger business by last-quarter revenue ($71.8M vs $71.1M, roughly 1.0× RE/MAX Holdings, Inc.). MasterCraft Boat Holdings, Inc. runs the higher net margin — 3.5% vs 2.0%, a 1.5% gap on every dollar of revenue. On growth, MasterCraft Boat Holdings, Inc. posted the faster year-over-year revenue change (13.2% vs -1.8%). RE/MAX Holdings, Inc. produced more free cash flow last quarter ($33.5M vs $14.0M). Over the past eight quarters, RE/MAX Holdings, Inc.'s revenue compounded faster (-4.7% CAGR vs -7.6%).
The MasterCraft Boat Company is an American manufacturer of luxury high-performance boats. The company was founded in 1968 in Maryville, Tennessee, and is currently headquartered in Vonore, Tennessee. MasterCraft boats are used in waterskiing, wakeboarding and wake surfing.
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.
MCFT vs RMAX — Head-to-Head
Income Statement — Q2 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $71.8M | $71.1M |
| Net Profit | $2.5M | $1.4M |
| Gross Margin | 21.6% | — |
| Operating Margin | 3.8% | 13.1% |
| Net Margin | 3.5% | 2.0% |
| Revenue YoY | 13.2% | -1.8% |
| Net Profit YoY | -8.0% | -75.2% |
| EPS (diluted) | $0.16 | — |
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 | $71.8M | $71.1M | ||
| Q3 25 | $69.0M | $73.2M | ||
| Q2 25 | $79.5M | $72.8M | ||
| Q1 25 | $76.0M | $74.5M | ||
| Q4 24 | $63.4M | $72.5M | ||
| Q3 24 | $65.4M | $78.5M | ||
| Q2 24 | $94.3M | $78.5M | ||
| Q1 24 | $84.0M | $78.3M |
| Q4 25 | $2.5M | $1.4M | ||
| Q3 25 | $3.6M | $4.0M | ||
| Q2 25 | $5.7M | $4.7M | ||
| Q1 25 | $3.7M | $-2.0M | ||
| Q4 24 | $2.7M | $5.8M | ||
| Q3 24 | $-5.1M | $966.0K | ||
| Q2 24 | $6.2M | $3.7M | ||
| Q1 24 | $3.8M | $-3.4M |
| Q4 25 | 21.6% | — | ||
| Q3 25 | 22.3% | — | ||
| Q2 25 | 23.2% | — | ||
| Q1 25 | 20.8% | — | ||
| Q4 24 | 17.2% | — | ||
| Q3 24 | 18.1% | — | ||
| Q2 24 | 23.8% | — | ||
| Q1 24 | 23.3% | — |
| Q4 25 | 3.8% | 13.1% | ||
| Q3 25 | 5.5% | 25.0% | ||
| Q2 25 | 7.5% | 19.3% | ||
| Q1 25 | 5.4% | 7.2% | ||
| Q4 24 | 0.3% | 5.9% | ||
| Q3 24 | 1.5% | 19.4% | ||
| Q2 24 | 11.2% | 20.6% | ||
| Q1 24 | 8.0% | 5.8% |
| Q4 25 | 3.5% | 2.0% | ||
| Q3 25 | 5.3% | 5.4% | ||
| Q2 25 | 7.2% | 6.4% | ||
| Q1 25 | 4.9% | -2.6% | ||
| Q4 24 | 4.3% | 8.0% | ||
| Q3 24 | -7.9% | 1.2% | ||
| Q2 24 | 6.6% | 4.7% | ||
| Q1 24 | 4.5% | -4.3% |
| Q4 25 | $0.16 | — | ||
| Q3 25 | $0.22 | — | ||
| Q2 25 | $0.34 | — | ||
| Q1 25 | $0.23 | — | ||
| Q4 24 | $0.17 | — | ||
| Q3 24 | $-0.31 | — | ||
| Q2 24 | $0.38 | — | ||
| Q1 24 | $0.22 | — |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $81.4M | $118.7M |
| Total DebtLower is stronger | — | $432.2M |
| Stockholders' EquityBook value | $189.1M | $452.4M |
| Total Assets | $259.7M | $582.5M |
| Debt / EquityLower = less leverage | — | 0.96× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $81.4M | $118.7M | ||
| Q3 25 | $67.3M | $107.5M | ||
| Q2 25 | $79.4M | $94.3M | ||
| Q1 25 | $66.5M | $89.1M | ||
| Q4 24 | $62.9M | $96.6M | ||
| Q3 24 | $14.2M | $83.8M | ||
| Q2 24 | $86.2M | $66.1M | ||
| Q1 24 | $22.5M | $82.1M |
| Q4 25 | — | $432.2M | ||
| Q3 25 | — | $433.3M | ||
| Q2 25 | — | $434.4M | ||
| Q1 25 | — | $435.3M | ||
| Q4 24 | — | $436.2M | ||
| Q3 24 | $49.5M | $437.2M | ||
| Q2 24 | $49.3M | $438.1M | ||
| Q1 24 | $50.4M | $439.0M |
| Q4 25 | $189.1M | $452.4M | ||
| Q3 25 | $185.5M | $448.1M | ||
| Q2 25 | $183.4M | $442.4M | ||
| Q1 25 | $182.1M | $433.5M | ||
| Q4 24 | $178.3M | $429.5M | ||
| Q3 24 | $175.4M | $423.1M | ||
| Q2 24 | $183.7M | $418.4M | ||
| Q1 24 | $196.9M | $412.0M |
| Q4 25 | $259.7M | $582.5M | ||
| Q3 25 | $259.3M | $582.2M | ||
| Q2 25 | $259.9M | $574.8M | ||
| Q1 25 | $261.9M | $571.4M | ||
| Q4 24 | $250.1M | $581.6M | ||
| Q3 24 | $309.1M | $578.6M | ||
| Q2 24 | $259.9M | $571.4M | ||
| Q1 24 | $340.9M | $566.7M |
| Q4 25 | — | 0.96× | ||
| Q3 25 | — | 0.97× | ||
| Q2 25 | — | 0.98× | ||
| Q1 25 | — | 1.00× | ||
| Q4 24 | — | 1.02× | ||
| Q3 24 | 0.28× | 1.03× | ||
| Q2 24 | 0.27× | 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 | $15.6M | $40.9M |
| Free Cash FlowOCF − Capex | $14.0M | $33.5M |
| FCF MarginFCF / Revenue | 19.5% | 47.1% |
| Capex IntensityCapex / Revenue | 2.3% | 10.4% |
| Cash ConversionOCF / Net Profit | 6.17× | 28.39× |
| TTM Free Cash FlowTrailing 4 quarters | $26.2M | $56.8M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $15.6M | $40.9M | ||
| Q3 25 | $-6.8M | $17.7M | ||
| Q2 25 | $20.4M | $4.6M | ||
| Q1 25 | $6.3M | $5.7M | ||
| Q4 24 | $6.4M | $59.7M | ||
| Q3 24 | $2.4M | $17.6M | ||
| Q2 24 | — | $15.9M | ||
| Q1 24 | $3.6M | $9.4M |
| Q4 25 | $14.0M | $33.5M | ||
| Q3 25 | $-9.9M | $16.4M | ||
| Q2 25 | $17.9M | $2.9M | ||
| Q1 25 | $4.3M | $4.0M | ||
| Q4 24 | $4.0M | $53.0M | ||
| Q3 24 | $199.0K | $16.3M | ||
| Q2 24 | — | $14.0M | ||
| Q1 24 | $453.0K | $6.8M |
| Q4 25 | 19.5% | 47.1% | ||
| Q3 25 | -14.4% | 22.4% | ||
| Q2 25 | 22.5% | 4.0% | ||
| Q1 25 | 5.7% | 5.3% | ||
| Q4 24 | 6.4% | 73.2% | ||
| Q3 24 | 0.3% | 20.8% | ||
| Q2 24 | — | 17.8% | ||
| Q1 24 | 0.5% | 8.6% |
| Q4 25 | 2.3% | 10.4% | ||
| Q3 25 | 4.5% | 1.8% | ||
| Q2 25 | 3.3% | 2.2% | ||
| Q1 25 | 2.6% | 2.3% | ||
| Q4 24 | 3.8% | 9.1% | ||
| Q3 24 | 3.4% | 1.7% | ||
| Q2 24 | — | 2.4% | ||
| Q1 24 | 3.8% | 3.3% |
| Q4 25 | 6.17× | 28.39× | ||
| Q3 25 | -1.88× | 4.45× | ||
| Q2 25 | 3.59× | 0.97× | ||
| Q1 25 | 1.69× | — | ||
| Q4 24 | 2.34× | 10.28× | ||
| Q3 24 | — | 18.22× | ||
| Q2 24 | — | 4.29× | ||
| Q1 24 | 0.97× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
MCFT
| Boats And Trailers | $59.5M | 83% |
| Pontoon | $10.0M | 14% |
| Parts | $1.7M | 2% |
RMAX
| Franchising Segment | $50.1M | 70% |
| Broker Fees | $13.9M | 20% |
| Annual Dues | $7.4M | 10% |
