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Side-by-side financial comparison of MEDALLION FINANCIAL CORP (MFIN) 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 $70.6M, roughly 1.0× MEDALLION FINANCIAL CORP). MEDALLION FINANCIAL CORP runs the higher net margin — 17.3% vs 2.0%, a 15.3% gap on every dollar of revenue. On growth, MEDALLION FINANCIAL CORP posted the faster year-over-year revenue change (25.4% vs -1.8%). Over the past eight quarters, MEDALLION FINANCIAL CORP's revenue compounded faster (15.0% CAGR vs -4.7%).

Mahindra & Mahindra Financial Services Limited (MMFSL) is an Indian rural non-banking financial company headquartered in Mumbai. It is amongst the top tractor financers in India, with 1000+ offices across the country.

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.

MFIN vs RMAX — Head-to-Head

Bigger by revenue
RMAX
RMAX
1.0× larger
RMAX
$71.1M
$70.6M
MFIN
Growing faster (revenue YoY)
MFIN
MFIN
+27.3% gap
MFIN
25.4%
-1.8%
RMAX
Higher net margin
MFIN
MFIN
15.3% more per $
MFIN
17.3%
2.0%
RMAX
Faster 2-yr revenue CAGR
MFIN
MFIN
Annualised
MFIN
15.0%
-4.7%
RMAX

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
MFIN
MFIN
RMAX
RMAX
Revenue
$70.6M
$71.1M
Net Profit
$12.2M
$1.4M
Gross Margin
Operating Margin
29.3%
13.1%
Net Margin
17.3%
2.0%
Revenue YoY
25.4%
-1.8%
Net Profit YoY
20.3%
-75.2%
EPS (diluted)
$0.50

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
MFIN
MFIN
RMAX
RMAX
Q4 25
$70.6M
$71.1M
Q3 25
$58.7M
$73.2M
Q2 25
$62.6M
$72.8M
Q1 25
$63.0M
$74.5M
Q4 24
$56.3M
$72.5M
Q3 24
$53.3M
$78.5M
Q2 24
$51.0M
$78.5M
Q1 24
$53.3M
$78.3M
Net Profit
MFIN
MFIN
RMAX
RMAX
Q4 25
$12.2M
$1.4M
Q3 25
$7.8M
$4.0M
Q2 25
$11.1M
$4.7M
Q1 25
$12.0M
$-2.0M
Q4 24
$10.1M
$5.8M
Q3 24
$8.6M
$966.0K
Q2 24
$7.1M
$3.7M
Q1 24
$10.0M
$-3.4M
Operating Margin
MFIN
MFIN
RMAX
RMAX
Q4 25
29.3%
13.1%
Q3 25
33.2%
25.0%
Q2 25
31.1%
19.3%
Q1 25
32.1%
7.2%
Q4 24
32.8%
5.9%
Q3 24
26.6%
19.4%
Q2 24
24.3%
20.6%
Q1 24
33.6%
5.8%
Net Margin
MFIN
MFIN
RMAX
RMAX
Q4 25
17.3%
2.0%
Q3 25
13.2%
5.4%
Q2 25
17.7%
6.4%
Q1 25
19.1%
-2.6%
Q4 24
18.0%
8.0%
Q3 24
16.1%
1.2%
Q2 24
13.9%
4.7%
Q1 24
18.8%
-4.3%
EPS (diluted)
MFIN
MFIN
RMAX
RMAX
Q4 25
$0.50
Q3 25
$0.32
Q2 25
$0.46
Q1 25
$0.50
Q4 24
$0.43
Q3 24
$0.37
Q2 24
$0.30
Q1 24
$0.42

Balance Sheet & Financial Strength

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

Metric
MFIN
MFIN
RMAX
RMAX
Cash + ST InvestmentsLiquidity on hand
$136.3M
$118.7M
Total DebtLower is stronger
$216.0M
$432.2M
Stockholders' EquityBook value
$408.6M
$452.4M
Total Assets
$3.0B
$582.5M
Debt / EquityLower = less leverage
0.53×
0.96×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MFIN
MFIN
RMAX
RMAX
Q4 25
$136.3M
$118.7M
Q3 25
$72.5M
$107.5M
Q2 25
$110.4M
$94.3M
Q1 25
$131.5M
$89.1M
Q4 24
$98.2M
$96.6M
Q3 24
$120.6M
$83.8M
Q2 24
$87.7M
$66.1M
Q1 24
$54.8M
$82.1M
Total Debt
MFIN
MFIN
RMAX
RMAX
Q4 25
$216.0M
$432.2M
Q3 25
$215.7M
$433.3M
Q2 25
$199.9M
$434.4M
Q1 25
$199.7M
$435.3M
Q4 24
$232.2M
$436.2M
Q3 24
$232.0M
$437.2M
Q2 24
$230.8M
$438.1M
Q1 24
$225.6M
$439.0M
Stockholders' Equity
MFIN
MFIN
RMAX
RMAX
Q4 25
$408.6M
$452.4M
Q3 25
$397.4M
$448.1M
Q2 25
$389.9M
$442.4M
Q1 25
$380.2M
$433.5M
Q4 24
$370.2M
$429.5M
Q3 24
$362.4M
$423.1M
Q2 24
$354.0M
$418.4M
Q1 24
$349.0M
$412.0M
Total Assets
MFIN
MFIN
RMAX
RMAX
Q4 25
$3.0B
$582.5M
Q3 25
$2.9B
$582.2M
Q2 25
$2.9B
$574.8M
Q1 25
$2.8B
$571.4M
Q4 24
$2.9B
$581.6M
Q3 24
$2.9B
$578.6M
Q2 24
$2.8B
$571.4M
Q1 24
$2.6B
$566.7M
Debt / Equity
MFIN
MFIN
RMAX
RMAX
Q4 25
0.53×
0.96×
Q3 25
0.54×
0.97×
Q2 25
0.51×
0.98×
Q1 25
0.53×
1.00×
Q4 24
0.63×
1.02×
Q3 24
0.64×
1.03×
Q2 24
0.65×
1.05×
Q1 24
0.65×
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
MFIN
MFIN
RMAX
RMAX
Operating Cash FlowLast quarter
$126.3M
$40.9M
Free Cash FlowOCF − Capex
$33.5M
FCF MarginFCF / Revenue
47.1%
Capex IntensityCapex / Revenue
10.4%
Cash ConversionOCF / Net Profit
10.35×
28.39×
TTM Free Cash FlowTrailing 4 quarters
$56.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MFIN
MFIN
RMAX
RMAX
Q4 25
$126.3M
$40.9M
Q3 25
$67.0M
$17.7M
Q2 25
$-10.7M
$4.6M
Q1 25
$36.3M
$5.7M
Q4 24
$108.7M
$59.7M
Q3 24
$24.6M
$17.6M
Q2 24
$27.6M
$15.9M
Q1 24
$32.3M
$9.4M
Free Cash Flow
MFIN
MFIN
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
MFIN
MFIN
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
MFIN
MFIN
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
MFIN
MFIN
RMAX
RMAX
Q4 25
10.35×
28.39×
Q3 25
8.63×
4.45×
Q2 25
-0.97×
0.97×
Q1 25
3.02×
Q4 24
10.72×
10.28×
Q3 24
2.86×
18.22×
Q2 24
3.89×
4.29×
Q1 24
3.22×

Financial Flow Comparison

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

Revenue Breakdown by Segment

MFIN
MFIN

Segment breakdown not available.

RMAX
RMAX

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

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