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Side-by-side financial comparison of Real Brokerage Inc (REAX) and RLJ Lodging Trust (RLJ). Click either name above to swap in a different company.

Real Brokerage Inc is the larger business by last-quarter revenue ($568.5M vs $328.6M, roughly 1.7× RLJ Lodging Trust). RLJ Lodging Trust runs the higher net margin — 0.1% vs -0.1%, a 0.2% gap on every dollar of revenue. On growth, Real Brokerage Inc posted the faster year-over-year revenue change (52.6% vs -0.4%). RLJ Lodging Trust produced more free cash flow last quarter ($117.4M vs $8.4M).

Anywhere Real Estate Inc., formerly Realogy, was an American real estate services firm. It operated and franchised real estate brands that provided brokerage, relocation, title, insurance, and settlement services. Brands included Better Homes and Gardens Real Estate, Century 21 Real Estate, Coldwell Banker, Corcoran Group, ERA Real Estate and Sotheby's International Realty. In 2026, the company was acquired by Compass, Inc.

The RLJ Companies is an American asset management firm owned by entrepreneur Robert Louis Johnson. After selling Black Entertainment Television in 2001, Johnson's first company, he created RLJ Companies in Bethesda, Maryland. The company's network includes hotel real estate investment, private equity, financial services, asset management, insurance services, car dealerships, sports and entertainment, and video lottery terminal (VLT) gaming. The company is headquartered in Bethesda and has add...

REAX vs RLJ — Head-to-Head

Bigger by revenue
REAX
REAX
1.7× larger
REAX
$568.5M
$328.6M
RLJ
Growing faster (revenue YoY)
REAX
REAX
+53.1% gap
REAX
52.6%
-0.4%
RLJ
Higher net margin
RLJ
RLJ
0.2% more per $
RLJ
0.1%
-0.1%
REAX
More free cash flow
RLJ
RLJ
$109.0M more FCF
RLJ
$117.4M
$8.4M
REAX

Income Statement — Q3 FY2025 vs Q4 FY2025

Metric
REAX
REAX
RLJ
RLJ
Revenue
$568.5M
$328.6M
Net Profit
$-447.0K
$430.0K
Gross Margin
7.9%
Operating Margin
-0.1%
0.2%
Net Margin
-0.1%
0.1%
Revenue YoY
52.6%
-0.4%
Net Profit YoY
82.7%
-92.0%
EPS (diluted)
$0.00
$-0.05

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
REAX
REAX
RLJ
RLJ
Q4 25
$328.6M
Q3 25
$568.5M
$330.0M
Q2 25
$540.7M
$363.1M
Q1 25
$354.0M
$328.1M
Q4 24
$330.0M
Q3 24
$372.5M
$345.7M
Q2 24
$369.3M
Q1 24
$200.7M
$324.4M
Net Profit
REAX
REAX
RLJ
RLJ
Q4 25
$430.0K
Q3 25
$-447.0K
$-3.7M
Q2 25
$1.5M
$28.5M
Q1 25
$-5.0M
$3.4M
Q4 24
$5.4M
Q3 24
$-2.6M
$20.6M
Q2 24
$37.1M
Q1 24
$-16.1M
$4.9M
Gross Margin
REAX
REAX
RLJ
RLJ
Q4 25
Q3 25
7.9%
Q2 25
8.9%
Q1 25
9.6%
Q4 24
Q3 24
8.6%
Q2 24
Q1 24
10.3%
Operating Margin
REAX
REAX
RLJ
RLJ
Q4 25
0.2%
Q3 25
-0.1%
-1.0%
Q2 25
0.3%
8.0%
Q1 25
-1.5%
1.1%
Q4 24
1.8%
Q3 24
-0.7%
6.1%
Q2 24
10.2%
Q1 24
-7.8%
1.6%
Net Margin
REAX
REAX
RLJ
RLJ
Q4 25
0.1%
Q3 25
-0.1%
-1.1%
Q2 25
0.3%
7.8%
Q1 25
-1.4%
1.0%
Q4 24
1.6%
Q3 24
-0.7%
6.0%
Q2 24
10.0%
Q1 24
-8.0%
1.5%
EPS (diluted)
REAX
REAX
RLJ
RLJ
Q4 25
$-0.05
Q3 25
$0.00
$-0.07
Q2 25
$0.01
$0.15
Q1 25
$-0.02
$-0.02
Q4 24
$-0.01
Q3 24
$-0.01
$0.09
Q2 24
$0.20
Q1 24
$-0.09
$-0.01

Balance Sheet & Financial Strength

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

Metric
REAX
REAX
RLJ
RLJ
Cash + ST InvestmentsLiquidity on hand
$38.7M
$410.2M
Total DebtLower is stronger
$2.2B
Stockholders' EquityBook value
$53.6M
$2.2B
Total Assets
$145.2M
$4.7B
Debt / EquityLower = less leverage
1.01×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
REAX
REAX
RLJ
RLJ
Q4 25
$410.2M
Q3 25
$38.7M
$374.8M
Q2 25
$49.7M
$373.9M
Q1 25
$24.7M
$347.5M
Q4 24
$409.8M
Q3 24
$22.6M
$385.4M
Q2 24
$371.1M
Q1 24
$20.1M
$350.2M
Total Debt
REAX
REAX
RLJ
RLJ
Q4 25
$2.2B
Q3 25
$2.2B
Q2 25
$2.2B
Q1 25
$2.2B
Q4 24
$2.2B
Q3 24
$2.2B
Q2 24
$2.2B
Q1 24
$2.2B
Stockholders' Equity
REAX
REAX
RLJ
RLJ
Q4 25
$2.2B
Q3 25
$53.6M
$2.2B
Q2 25
$49.2M
$2.2B
Q1 25
$32.8M
$2.2B
Q4 24
$2.3B
Q3 24
$29.8M
$2.3B
Q2 24
$2.3B
Q1 24
$25.6M
$2.3B
Total Assets
REAX
REAX
RLJ
RLJ
Q4 25
$4.7B
Q3 25
$145.2M
$4.8B
Q2 25
$149.4M
$4.8B
Q1 25
$100.5M
$4.8B
Q4 24
$4.9B
Q3 24
$102.5M
$4.9B
Q2 24
$4.9B
Q1 24
$4.9B
Debt / Equity
REAX
REAX
RLJ
RLJ
Q4 25
1.01×
Q3 25
1.01×
Q2 25
1.00×
Q1 25
0.99×
Q4 24
0.97×
Q3 24
0.96×
Q2 24
0.95×
Q1 24
0.96×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
REAX
REAX
RLJ
RLJ
Operating Cash FlowLast quarter
$8.8M
$243.8M
Free Cash FlowOCF − Capex
$8.4M
$117.4M
FCF MarginFCF / Revenue
1.5%
35.7%
Capex IntensityCapex / Revenue
0.1%
38.5%
Cash ConversionOCF / Net Profit
566.97×
TTM Free Cash FlowTrailing 4 quarters
$71.7M
$186.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
REAX
REAX
RLJ
RLJ
Q4 25
$243.8M
Q3 25
$8.8M
$63.3M
Q2 25
$41.0M
$101.3M
Q1 25
$15.9M
$16.3M
Q4 24
$285.4M
Q3 24
$7.2M
$80.1M
Q2 24
$113.5M
Q1 24
$21.5M
$20.8M
Free Cash Flow
REAX
REAX
RLJ
RLJ
Q4 25
$117.4M
Q3 25
$8.4M
$33.6M
Q2 25
$40.8M
$66.1M
Q1 25
$15.7M
$-30.5M
Q4 24
$148.9M
Q3 24
$6.8M
$45.4M
Q2 24
$74.9M
Q1 24
$21.4M
$-13.0M
FCF Margin
REAX
REAX
RLJ
RLJ
Q4 25
35.7%
Q3 25
1.5%
10.2%
Q2 25
7.5%
18.2%
Q1 25
4.4%
-9.3%
Q4 24
45.1%
Q3 24
1.8%
13.1%
Q2 24
20.3%
Q1 24
10.7%
-4.0%
Capex Intensity
REAX
REAX
RLJ
RLJ
Q4 25
38.5%
Q3 25
0.1%
9.0%
Q2 25
0.0%
9.7%
Q1 25
0.1%
14.3%
Q4 24
41.4%
Q3 24
0.1%
10.0%
Q2 24
10.4%
Q1 24
0.0%
10.4%
Cash Conversion
REAX
REAX
RLJ
RLJ
Q4 25
566.97×
Q3 25
Q2 25
27.13×
3.56×
Q1 25
4.85×
Q4 24
53.09×
Q3 24
3.89×
Q2 24
3.06×
Q1 24
4.21×

Financial Flow Comparison

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

Revenue Breakdown by Segment

REAX
REAX

Segment breakdown not available.

RLJ
RLJ

Occupancy$262.1M80%
Food And Beverage$41.9M13%
Hotel Other$24.6M7%

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