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Side-by-side financial comparison of PAMT CORP (PAMT) and RE/MAX Holdings, Inc. (RMAX). Click either name above to swap in a different company.

PAMT CORP is the larger business by last-quarter revenue ($141.3M vs $71.1M, roughly 2.0× RE/MAX Holdings, Inc.). RE/MAX Holdings, Inc. runs the higher net margin — 2.0% vs -20.7%, a 22.7% gap on every dollar of revenue. On growth, RE/MAX Holdings, Inc. posted the faster year-over-year revenue change (-1.8% vs -15.1%). RE/MAX Holdings, Inc. produced more free cash flow last quarter ($33.5M vs $-25.0M). Over the past eight quarters, RE/MAX Holdings, Inc.'s revenue compounded faster (-4.7% CAGR vs -12.0%).

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.

PAMT vs RMAX — Head-to-Head

Bigger by revenue
PAMT
PAMT
2.0× larger
PAMT
$141.3M
$71.1M
RMAX
Growing faster (revenue YoY)
RMAX
RMAX
+13.3% gap
RMAX
-1.8%
-15.1%
PAMT
Higher net margin
RMAX
RMAX
22.7% more per $
RMAX
2.0%
-20.7%
PAMT
More free cash flow
RMAX
RMAX
$58.5M more FCF
RMAX
$33.5M
$-25.0M
PAMT
Faster 2-yr revenue CAGR
RMAX
RMAX
Annualised
RMAX
-4.7%
-12.0%
PAMT

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
PAMT
PAMT
RMAX
RMAX
Revenue
$141.3M
$71.1M
Net Profit
$-29.3M
$1.4M
Gross Margin
Operating Margin
-27.0%
13.1%
Net Margin
-20.7%
2.0%
Revenue YoY
-15.1%
-1.8%
Net Profit YoY
7.4%
-75.2%
EPS (diluted)
$-1.38

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
PAMT
PAMT
RMAX
RMAX
Q4 25
$141.3M
$71.1M
Q3 25
$150.3M
$73.2M
Q2 25
$151.1M
$72.8M
Q1 25
$155.3M
$74.5M
Q4 24
$166.5M
$72.5M
Q3 24
$182.6M
$78.5M
Q2 24
$182.9M
$78.5M
Q1 24
$182.6M
$78.3M
Net Profit
PAMT
PAMT
RMAX
RMAX
Q4 25
$-29.3M
$1.4M
Q3 25
$-5.6M
$4.0M
Q2 25
$-9.6M
$4.7M
Q1 25
$-8.1M
$-2.0M
Q4 24
$-31.6M
$5.8M
Q3 24
$2.4M
$966.0K
Q2 24
$-2.9M
$3.7M
Q1 24
$281.0K
$-3.4M
Operating Margin
PAMT
PAMT
RMAX
RMAX
Q4 25
-27.0%
13.1%
Q3 25
-3.8%
25.0%
Q2 25
-7.3%
19.3%
Q1 25
-5.9%
7.2%
Q4 24
-22.6%
5.9%
Q3 24
1.3%
19.4%
Q2 24
-0.4%
20.6%
Q1 24
-0.4%
5.8%
Net Margin
PAMT
PAMT
RMAX
RMAX
Q4 25
-20.7%
2.0%
Q3 25
-3.7%
5.4%
Q2 25
-6.4%
6.4%
Q1 25
-5.2%
-2.6%
Q4 24
-19.0%
8.0%
Q3 24
1.3%
1.2%
Q2 24
-1.6%
4.7%
Q1 24
0.2%
-4.3%
EPS (diluted)
PAMT
PAMT
RMAX
RMAX
Q4 25
$-1.38
Q3 25
$-0.27
Q2 25
$-0.46
Q1 25
$-0.37
Q4 24
$-1.44
Q3 24
$0.11
Q2 24
$-0.13
Q1 24
$0.01

Balance Sheet & Financial Strength

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

Metric
PAMT
PAMT
RMAX
RMAX
Cash + ST InvestmentsLiquidity on hand
$83.7M
$118.7M
Total DebtLower is stronger
$333.9M
$432.2M
Stockholders' EquityBook value
$210.5M
$452.4M
Total Assets
$697.9M
$582.5M
Debt / EquityLower = less leverage
1.59×
0.96×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
PAMT
PAMT
RMAX
RMAX
Q4 25
$83.7M
$118.7M
Q3 25
$115.6M
$107.5M
Q2 25
$117.3M
$94.3M
Q1 25
$102.7M
$89.1M
Q4 24
$110.7M
$96.6M
Q3 24
$92.3M
$83.8M
Q2 24
$114.0M
$66.1M
Q1 24
$125.8M
$82.1M
Total Debt
PAMT
PAMT
RMAX
RMAX
Q4 25
$333.9M
$432.2M
Q3 25
$433.3M
Q2 25
$434.4M
Q1 25
$435.3M
Q4 24
$325.6M
$436.2M
Q3 24
$437.2M
Q2 24
$438.1M
Q1 24
$439.0M
Stockholders' Equity
PAMT
PAMT
RMAX
RMAX
Q4 25
$210.5M
$452.4M
Q3 25
$239.5M
$448.1M
Q2 25
$244.9M
$442.4M
Q1 25
$269.6M
$433.5M
Q4 24
$277.5M
$429.5M
Q3 24
$308.9M
$423.1M
Q2 24
$306.7M
$418.4M
Q1 24
$314.6M
$412.0M
Total Assets
PAMT
PAMT
RMAX
RMAX
Q4 25
$697.9M
$582.5M
Q3 25
$715.2M
$582.2M
Q2 25
$707.9M
$574.8M
Q1 25
$712.6M
$571.4M
Q4 24
$741.7M
$581.6M
Q3 24
$756.7M
$578.6M
Q2 24
$733.5M
$571.4M
Q1 24
$746.4M
$566.7M
Debt / Equity
PAMT
PAMT
RMAX
RMAX
Q4 25
1.59×
0.96×
Q3 25
0.97×
Q2 25
0.98×
Q1 25
1.00×
Q4 24
1.17×
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
PAMT
PAMT
RMAX
RMAX
Operating Cash FlowLast quarter
$-5.8M
$40.9M
Free Cash FlowOCF − Capex
$-25.0M
$33.5M
FCF MarginFCF / Revenue
-17.7%
47.1%
Capex IntensityCapex / Revenue
13.6%
10.4%
Cash ConversionOCF / Net Profit
28.39×
TTM Free Cash FlowTrailing 4 quarters
$-23.4M
$56.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
PAMT
PAMT
RMAX
RMAX
Q4 25
$-5.8M
$40.9M
Q3 25
$5.9M
$17.7M
Q2 25
$12.2M
$4.6M
Q1 25
$5.0M
$5.7M
Q4 24
$15.2M
$59.7M
Q3 24
$15.5M
$17.6M
Q2 24
$18.7M
$15.9M
Q1 24
$9.6M
$9.4M
Free Cash Flow
PAMT
PAMT
RMAX
RMAX
Q4 25
$-25.0M
$33.5M
Q3 25
$2.5M
$16.4M
Q2 25
$5.9M
$2.9M
Q1 25
$-6.8M
$4.0M
Q4 24
$-39.9M
$53.0M
Q3 24
$-33.6M
$16.3M
Q2 24
$4.1M
$14.0M
Q1 24
$-12.2M
$6.8M
FCF Margin
PAMT
PAMT
RMAX
RMAX
Q4 25
-17.7%
47.1%
Q3 25
1.7%
22.4%
Q2 25
3.9%
4.0%
Q1 25
-4.4%
5.3%
Q4 24
-24.0%
73.2%
Q3 24
-18.4%
20.8%
Q2 24
2.2%
17.8%
Q1 24
-6.7%
8.6%
Capex Intensity
PAMT
PAMT
RMAX
RMAX
Q4 25
13.6%
10.4%
Q3 25
2.3%
1.8%
Q2 25
4.2%
2.2%
Q1 25
7.6%
2.3%
Q4 24
33.1%
9.1%
Q3 24
26.9%
1.7%
Q2 24
8.0%
2.4%
Q1 24
12.0%
3.3%
Cash Conversion
PAMT
PAMT
RMAX
RMAX
Q4 25
28.39×
Q3 25
4.45×
Q2 25
0.97×
Q1 25
Q4 24
10.28×
Q3 24
6.44×
18.22×
Q2 24
4.29×
Q1 24
34.11×

Financial Flow Comparison

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

Revenue Breakdown by Segment

PAMT
PAMT

Freight Transportation Service$123.1M87%
Fuel Surcharge$18.2M13%

RMAX
RMAX

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

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