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Side-by-side financial comparison of MID PENN BANCORP INC (MPB) 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 $62.0M, roughly 1.1× MID PENN BANCORP INC). MID PENN BANCORP INC runs the higher net margin — 31.4% vs 2.0%, a 29.3% gap on every dollar of revenue. On growth, MID PENN BANCORP INC posted the faster year-over-year revenue change (30.8% vs -1.8%). MID PENN BANCORP INC produced more free cash flow last quarter ($71.8M vs $33.5M). Over the past eight quarters, MID PENN BANCORP INC's revenue compounded faster (21.1% CAGR vs -4.7%).

Commerce Bancorp was a Cherry Hill, New Jersey–based bank created in 1973. In 2007, it was purchased by Toronto-Dominion Bank, which merged Commerce into TD Banknorth, the latter of which was rebranded to TD Bank.

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.

MPB vs RMAX — Head-to-Head

Bigger by revenue
RMAX
RMAX
1.1× larger
RMAX
$71.1M
$62.0M
MPB
Growing faster (revenue YoY)
MPB
MPB
+32.6% gap
MPB
30.8%
-1.8%
RMAX
Higher net margin
MPB
MPB
29.3% more per $
MPB
31.4%
2.0%
RMAX
More free cash flow
MPB
MPB
$38.3M more FCF
MPB
$71.8M
$33.5M
RMAX
Faster 2-yr revenue CAGR
MPB
MPB
Annualised
MPB
21.1%
-4.7%
RMAX

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
MPB
MPB
RMAX
RMAX
Revenue
$62.0M
$71.1M
Net Profit
$19.4M
$1.4M
Gross Margin
Operating Margin
43.6%
13.1%
Net Margin
31.4%
2.0%
Revenue YoY
30.8%
-1.8%
Net Profit YoY
47.0%
-75.2%
EPS (diluted)
$0.83

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
MPB
MPB
RMAX
RMAX
Q4 25
$62.0M
$71.1M
Q3 25
$61.8M
$73.2M
Q2 25
$54.3M
$72.8M
Q1 25
$47.7M
$74.5M
Q4 24
$47.4M
$72.5M
Q3 24
$45.3M
$78.5M
Q2 24
$44.1M
$78.5M
Q1 24
$42.3M
$78.3M
Net Profit
MPB
MPB
RMAX
RMAX
Q4 25
$19.4M
$1.4M
Q3 25
$18.3M
$4.0M
Q2 25
$4.8M
$4.7M
Q1 25
$13.7M
$-2.0M
Q4 24
$13.2M
$5.8M
Q3 24
$12.3M
$966.0K
Q2 24
$11.8M
$3.7M
Q1 24
$12.1M
$-3.4M
Operating Margin
MPB
MPB
RMAX
RMAX
Q4 25
43.6%
13.1%
Q3 25
39.3%
25.0%
Q2 25
7.9%
19.3%
Q1 25
35.2%
7.2%
Q4 24
34.1%
5.9%
Q3 24
32.8%
19.4%
Q2 24
32.4%
20.6%
Q1 24
34.8%
5.8%
Net Margin
MPB
MPB
RMAX
RMAX
Q4 25
31.4%
2.0%
Q3 25
29.6%
5.4%
Q2 25
8.8%
6.4%
Q1 25
28.8%
-2.6%
Q4 24
27.9%
8.0%
Q3 24
27.1%
1.2%
Q2 24
26.7%
4.7%
Q1 24
28.7%
-4.3%
EPS (diluted)
MPB
MPB
RMAX
RMAX
Q4 25
$0.83
Q3 25
$0.79
Q2 25
$0.22
Q1 25
$0.71
Q4 24
$0.72
Q3 24
$0.74
Q2 24
$0.71
Q1 24
$0.73

Balance Sheet & Financial Strength

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

Metric
MPB
MPB
RMAX
RMAX
Cash + ST InvestmentsLiquidity on hand
$118.7M
Total DebtLower is stronger
$432.2M
Stockholders' EquityBook value
$814.1M
$452.4M
Total Assets
$6.1B
$582.5M
Debt / EquityLower = less leverage
0.96×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MPB
MPB
RMAX
RMAX
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
Total Debt
MPB
MPB
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
MPB
MPB
RMAX
RMAX
Q4 25
$814.1M
$452.4M
Q3 25
$796.3M
$448.1M
Q2 25
$775.7M
$442.4M
Q1 25
$667.9M
$433.5M
Q4 24
$655.0M
$429.5M
Q3 24
$573.1M
$423.1M
Q2 24
$559.7M
$418.4M
Q1 24
$551.0M
$412.0M
Total Assets
MPB
MPB
RMAX
RMAX
Q4 25
$6.1B
$582.5M
Q3 25
$6.3B
$582.2M
Q2 25
$6.4B
$574.8M
Q1 25
$5.5B
$571.4M
Q4 24
$5.5B
$581.6M
Q3 24
$5.5B
$578.6M
Q2 24
$5.4B
$571.4M
Q1 24
$5.3B
$566.7M
Debt / Equity
MPB
MPB
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
MPB
MPB
RMAX
RMAX
Operating Cash FlowLast quarter
$80.0M
$40.9M
Free Cash FlowOCF − Capex
$71.8M
$33.5M
FCF MarginFCF / Revenue
115.8%
47.1%
Capex IntensityCapex / Revenue
13.3%
10.4%
Cash ConversionOCF / Net Profit
4.12×
28.39×
TTM Free Cash FlowTrailing 4 quarters
$132.1M
$56.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MPB
MPB
RMAX
RMAX
Q4 25
$80.0M
$40.9M
Q3 25
$26.3M
$17.7M
Q2 25
$29.0M
$4.6M
Q1 25
$11.5M
$5.7M
Q4 24
$51.4M
$59.7M
Q3 24
$16.9M
$17.6M
Q2 24
$18.0M
$15.9M
Q1 24
$12.4M
$9.4M
Free Cash Flow
MPB
MPB
RMAX
RMAX
Q4 25
$71.8M
$33.5M
Q3 25
$24.3M
$16.4M
Q2 25
$27.2M
$2.9M
Q1 25
$8.8M
$4.0M
Q4 24
$44.5M
$53.0M
Q3 24
$16.8M
$16.3M
Q2 24
$17.7M
$14.0M
Q1 24
$12.1M
$6.8M
FCF Margin
MPB
MPB
RMAX
RMAX
Q4 25
115.8%
47.1%
Q3 25
39.4%
22.4%
Q2 25
50.1%
4.0%
Q1 25
18.4%
5.3%
Q4 24
93.8%
73.2%
Q3 24
37.1%
20.8%
Q2 24
40.2%
17.8%
Q1 24
28.5%
8.6%
Capex Intensity
MPB
MPB
RMAX
RMAX
Q4 25
13.3%
10.4%
Q3 25
3.1%
1.8%
Q2 25
3.2%
2.2%
Q1 25
5.7%
2.3%
Q4 24
14.6%
9.1%
Q3 24
0.0%
1.7%
Q2 24
0.7%
2.4%
Q1 24
0.8%
3.3%
Cash Conversion
MPB
MPB
RMAX
RMAX
Q4 25
4.12×
28.39×
Q3 25
1.44×
4.45×
Q2 25
6.08×
0.97×
Q1 25
0.84×
Q4 24
3.88×
10.28×
Q3 24
1.37×
18.22×
Q2 24
1.53×
4.29×
Q1 24
1.02×

Financial Flow Comparison

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

Revenue Breakdown by Segment

MPB
MPB

Segment breakdown not available.

RMAX
RMAX

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

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