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Side-by-side financial comparison of Mastech Digital, Inc. (MHH) 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 $45.5M, roughly 1.6× Mastech Digital, Inc.). Mastech Digital, Inc. runs the higher net margin — 2.1% vs 2.0%, a 0.1% gap on every dollar of revenue. On growth, RE/MAX Holdings, Inc. posted the faster year-over-year revenue change (-1.8% vs -10.4%). RE/MAX Holdings, Inc. produced more free cash flow last quarter ($33.5M vs $4.3M). Over the past eight quarters, Mastech Digital, Inc.'s revenue compounded faster (-1.5% CAGR vs -4.7%).

Mastech Digital, Inc. is a digital transformation and information technology (IT) services company headquartered in Pittsburgh, Pennsylvania, providing services to corporations across North America, Middle East, Asian, and Japan.

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.

MHH vs RMAX — Head-to-Head

Bigger by revenue
RMAX
RMAX
1.6× larger
RMAX
$71.1M
$45.5M
MHH
Growing faster (revenue YoY)
RMAX
RMAX
+8.6% gap
RMAX
-1.8%
-10.4%
MHH
Higher net margin
MHH
MHH
0.1% more per $
MHH
2.1%
2.0%
RMAX
More free cash flow
RMAX
RMAX
$29.2M more FCF
RMAX
$33.5M
$4.3M
MHH
Faster 2-yr revenue CAGR
MHH
MHH
Annualised
MHH
-1.5%
-4.7%
RMAX

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
MHH
MHH
RMAX
RMAX
Revenue
$45.5M
$71.1M
Net Profit
$972.0K
$1.4M
Gross Margin
28.3%
Operating Margin
2.2%
13.1%
Net Margin
2.1%
2.0%
Revenue YoY
-10.4%
-1.8%
Net Profit YoY
227.3%
-75.2%
EPS (diluted)
$0.08

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
MHH
MHH
RMAX
RMAX
Q4 25
$45.5M
$71.1M
Q3 25
$48.5M
$73.2M
Q2 25
$49.1M
$72.8M
Q1 25
$48.3M
$74.5M
Q4 24
$50.7M
$72.5M
Q3 24
$51.8M
$78.5M
Q2 24
$49.5M
$78.5M
Q1 24
$46.8M
$78.3M
Net Profit
MHH
MHH
RMAX
RMAX
Q4 25
$972.0K
$1.4M
Q3 25
$941.0K
$4.0M
Q2 25
$135.0K
$4.7M
Q1 25
$-1.4M
$-2.0M
Q4 24
$297.0K
$5.8M
Q3 24
$1.9M
$966.0K
Q2 24
$1.4M
$3.7M
Q1 24
$-161.0K
$-3.4M
Gross Margin
MHH
MHH
RMAX
RMAX
Q4 25
28.3%
Q3 25
27.8%
Q2 25
28.1%
Q1 25
26.7%
Q4 24
29.0%
Q3 24
28.5%
Q2 24
28.2%
Q1 24
25.9%
Operating Margin
MHH
MHH
RMAX
RMAX
Q4 25
2.2%
13.1%
Q3 25
1.7%
25.0%
Q2 25
0.1%
19.3%
Q1 25
-3.8%
7.2%
Q4 24
0.1%
5.9%
Q3 24
4.7%
19.4%
Q2 24
3.4%
20.6%
Q1 24
-0.9%
5.8%
Net Margin
MHH
MHH
RMAX
RMAX
Q4 25
2.1%
2.0%
Q3 25
1.9%
5.4%
Q2 25
0.3%
6.4%
Q1 25
-3.0%
-2.6%
Q4 24
0.6%
8.0%
Q3 24
3.6%
1.2%
Q2 24
2.8%
4.7%
Q1 24
-0.3%
-4.3%
EPS (diluted)
MHH
MHH
RMAX
RMAX
Q4 25
$0.08
Q3 25
$0.08
Q2 25
$0.01
Q1 25
$-0.12
Q4 24
$0.01
Q3 24
$0.16
Q2 24
$0.12
Q1 24
$-0.01

Balance Sheet & Financial Strength

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

Metric
MHH
MHH
RMAX
RMAX
Cash + ST InvestmentsLiquidity on hand
$36.5M
$118.7M
Total DebtLower is stronger
$432.2M
Stockholders' EquityBook value
$89.3M
$452.4M
Total Assets
$111.8M
$582.5M
Debt / EquityLower = less leverage
0.96×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MHH
MHH
RMAX
RMAX
Q4 25
$36.5M
$118.7M
Q3 25
$32.7M
$107.5M
Q2 25
$27.9M
$94.3M
Q1 25
$24.7M
$89.1M
Q4 24
$27.7M
$96.6M
Q3 24
$23.9M
$83.8M
Q2 24
$20.6M
$66.1M
Q1 24
$19.4M
$82.1M
Total Debt
MHH
MHH
RMAX
RMAX
Q4 25
$432.2M
Q3 25
$433.3M
Q2 25
$434.4M
Q1 25
$435.3M
Q4 24
$436.2M
Q3 24
$437.2M
Q2 24
$438.1M
Q1 24
$439.0M
Stockholders' Equity
MHH
MHH
RMAX
RMAX
Q4 25
$89.3M
$452.4M
Q3 25
$88.0M
$448.1M
Q2 25
$87.8M
$442.4M
Q1 25
$86.9M
$433.5M
Q4 24
$87.4M
$429.5M
Q3 24
$86.5M
$423.1M
Q2 24
$84.0M
$418.4M
Q1 24
$81.7M
$412.0M
Total Assets
MHH
MHH
RMAX
RMAX
Q4 25
$111.8M
$582.5M
Q3 25
$112.6M
$582.2M
Q2 25
$110.4M
$574.8M
Q1 25
$110.1M
$571.4M
Q4 24
$111.5M
$581.6M
Q3 24
$111.5M
$578.6M
Q2 24
$107.5M
$571.4M
Q1 24
$106.1M
$566.7M
Debt / Equity
MHH
MHH
RMAX
RMAX
Q4 25
0.96×
Q3 25
0.97×
Q2 25
0.98×
Q1 25
1.00×
Q4 24
1.02×
Q3 24
1.03×
Q2 24
1.05×
Q1 24
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
MHH
MHH
RMAX
RMAX
Operating Cash FlowLast quarter
$4.4M
$40.9M
Free Cash FlowOCF − Capex
$4.3M
$33.5M
FCF MarginFCF / Revenue
9.5%
47.1%
Capex IntensityCapex / Revenue
0.1%
10.4%
Cash ConversionOCF / Net Profit
4.48×
28.39×
TTM Free Cash FlowTrailing 4 quarters
$10.8M
$56.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MHH
MHH
RMAX
RMAX
Q4 25
$4.4M
$40.9M
Q3 25
$6.5M
$17.7M
Q2 25
$3.3M
$4.6M
Q1 25
$-3.0M
$5.7M
Q4 24
$4.0M
$59.7M
Q3 24
$3.3M
$17.6M
Q2 24
$1.2M
$15.9M
Q1 24
$-1.3M
$9.4M
Free Cash Flow
MHH
MHH
RMAX
RMAX
Q4 25
$4.3M
$33.5M
Q3 25
$6.3M
$16.4M
Q2 25
$3.2M
$2.9M
Q1 25
$-3.1M
$4.0M
Q4 24
$3.9M
$53.0M
Q3 24
$3.2M
$16.3M
Q2 24
$707.0K
$14.0M
Q1 24
$-1.6M
$6.8M
FCF Margin
MHH
MHH
RMAX
RMAX
Q4 25
9.5%
47.1%
Q3 25
13.0%
22.4%
Q2 25
6.6%
4.0%
Q1 25
-6.4%
5.3%
Q4 24
7.7%
73.2%
Q3 24
6.2%
20.8%
Q2 24
1.4%
17.8%
Q1 24
-3.4%
8.6%
Capex Intensity
MHH
MHH
RMAX
RMAX
Q4 25
0.1%
10.4%
Q3 25
0.4%
1.8%
Q2 25
0.1%
2.2%
Q1 25
0.2%
2.3%
Q4 24
0.2%
9.1%
Q3 24
0.1%
1.7%
Q2 24
1.0%
2.4%
Q1 24
0.6%
3.3%
Cash Conversion
MHH
MHH
RMAX
RMAX
Q4 25
4.48×
28.39×
Q3 25
6.88×
4.45×
Q2 25
24.41×
0.97×
Q1 25
Q4 24
13.60×
10.28×
Q3 24
1.76×
18.22×
Q2 24
0.85×
4.29×
Q1 24

Financial Flow Comparison

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

Revenue Breakdown by Segment

MHH
MHH

IT Staffing Services$37.6M83%
Data And Analytics Services$7.8M17%

RMAX
RMAX

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

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