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Side-by-side financial comparison of RICHARDSON ELECTRONICS, LTD. (RELL) 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 $52.3M, roughly 1.4× RICHARDSON ELECTRONICS, LTD.). RE/MAX Holdings, Inc. runs the higher net margin — 2.0% vs -0.2%, a 2.3% gap on every dollar of revenue. On growth, RICHARDSON ELECTRONICS, LTD. posted the faster year-over-year revenue change (5.7% vs -1.8%). RE/MAX Holdings, Inc. produced more free cash flow last quarter ($33.5M vs $-1.7M). Over the past eight quarters, RICHARDSON ELECTRONICS, LTD.'s revenue compounded faster (-0.3% CAGR vs -4.7%).

The James Richardson Corporation, also going by the name James Richardson Group or JR/Group, is an Australian furniture, hospitality, real estate and retail corporation, headquartered in the Abbotsford suburb of Melbourne, Australia. It is privately owned and employs approximately 2,300 people worldwide. It is perhaps best known among consumers for its duty-free retail stores in airports and border crossings in Australasia and the Middle East. The company is a household name in Israel due to ...

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.

RELL vs RMAX — Head-to-Head

Bigger by revenue
RMAX
RMAX
1.4× larger
RMAX
$71.1M
$52.3M
RELL
Growing faster (revenue YoY)
RELL
RELL
+7.5% gap
RELL
5.7%
-1.8%
RMAX
Higher net margin
RMAX
RMAX
2.3% more per $
RMAX
2.0%
-0.2%
RELL
More free cash flow
RMAX
RMAX
$35.2M more FCF
RMAX
$33.5M
$-1.7M
RELL
Faster 2-yr revenue CAGR
RELL
RELL
Annualised
RELL
-0.3%
-4.7%
RMAX

Income Statement — Q2 FY2026 vs Q4 FY2025

Metric
RELL
RELL
RMAX
RMAX
Revenue
$52.3M
$71.1M
Net Profit
$-121.0K
$1.4M
Gross Margin
30.7%
Operating Margin
0.3%
13.1%
Net Margin
-0.2%
2.0%
Revenue YoY
5.7%
-1.8%
Net Profit YoY
83.9%
-75.2%
EPS (diluted)

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
RELL
RELL
RMAX
RMAX
Q4 25
$52.3M
$71.1M
Q3 25
$54.6M
$73.2M
Q2 25
$72.8M
Q1 25
$53.8M
$74.5M
Q4 24
$49.5M
$72.5M
Q3 24
$53.7M
$78.5M
Q2 24
$78.5M
Q1 24
$52.4M
$78.3M
Net Profit
RELL
RELL
RMAX
RMAX
Q4 25
$-121.0K
$1.4M
Q3 25
$1.9M
$4.0M
Q2 25
$4.7M
Q1 25
$-2.1M
$-2.0M
Q4 24
$-751.0K
$5.8M
Q3 24
$590.0K
$966.0K
Q2 24
$3.7M
Q1 24
$750.0K
$-3.4M
Gross Margin
RELL
RELL
RMAX
RMAX
Q4 25
30.7%
Q3 25
31.0%
Q2 25
Q1 25
31.0%
Q4 24
31.0%
Q3 24
30.6%
Q2 24
Q1 24
29.5%
Operating Margin
RELL
RELL
RMAX
RMAX
Q4 25
0.3%
13.1%
Q3 25
1.8%
25.0%
Q2 25
19.3%
Q1 25
-5.1%
7.2%
Q4 24
-1.3%
5.9%
Q3 24
0.6%
19.4%
Q2 24
20.6%
Q1 24
1.9%
5.8%
Net Margin
RELL
RELL
RMAX
RMAX
Q4 25
-0.2%
2.0%
Q3 25
3.5%
5.4%
Q2 25
6.4%
Q1 25
-3.8%
-2.6%
Q4 24
-1.5%
8.0%
Q3 24
1.1%
1.2%
Q2 24
4.7%
Q1 24
1.4%
-4.3%

Balance Sheet & Financial Strength

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

Metric
RELL
RELL
RMAX
RMAX
Cash + ST InvestmentsLiquidity on hand
$33.1M
$118.7M
Total DebtLower is stronger
$432.2M
Stockholders' EquityBook value
$158.5M
$452.4M
Total Assets
$201.8M
$582.5M
Debt / EquityLower = less leverage
0.96×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
RELL
RELL
RMAX
RMAX
Q4 25
$33.1M
$118.7M
Q3 25
$35.7M
$107.5M
Q2 25
$94.3M
Q1 25
$36.7M
$89.1M
Q4 24
$26.6M
$96.6M
Q3 24
$23.0M
$83.8M
Q2 24
$66.1M
Q1 24
$18.9M
$82.1M
Total Debt
RELL
RELL
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
RELL
RELL
RMAX
RMAX
Q4 25
$158.5M
$452.4M
Q3 25
$159.4M
$448.1M
Q2 25
$442.4M
Q1 25
$152.9M
$433.5M
Q4 24
$156.2M
$429.5M
Q3 24
$159.1M
$423.1M
Q2 24
$418.4M
Q1 24
$158.6M
$412.0M
Total Assets
RELL
RELL
RMAX
RMAX
Q4 25
$201.8M
$582.5M
Q3 25
$200.1M
$582.2M
Q2 25
$574.8M
Q1 25
$189.8M
$571.4M
Q4 24
$195.2M
$581.6M
Q3 24
$197.9M
$578.6M
Q2 24
$571.4M
Q1 24
$193.6M
$566.7M
Debt / Equity
RELL
RELL
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
RELL
RELL
RMAX
RMAX
Operating Cash FlowLast quarter
$-99.0K
$40.9M
Free Cash FlowOCF − Capex
$-1.7M
$33.5M
FCF MarginFCF / Revenue
-3.3%
47.1%
Capex IntensityCapex / Revenue
3.1%
10.4%
Cash ConversionOCF / Net Profit
28.39×
TTM Free Cash FlowTrailing 4 quarters
$7.6M
$56.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
RELL
RELL
RMAX
RMAX
Q4 25
$-99.0K
$40.9M
Q3 25
$1.4M
$17.7M
Q2 25
$4.6M
Q1 25
$4.6M
$5.7M
Q4 24
$5.5M
$59.7M
Q3 24
$412.0K
$17.6M
Q2 24
$15.9M
Q1 24
$-2.5M
$9.4M
Free Cash Flow
RELL
RELL
RMAX
RMAX
Q4 25
$-1.7M
$33.5M
Q3 25
$342.0K
$16.4M
Q2 25
$2.9M
Q1 25
$4.1M
$4.0M
Q4 24
$4.9M
$53.0M
Q3 24
$-514.0K
$16.3M
Q2 24
$14.0M
Q1 24
$-2.9M
$6.8M
FCF Margin
RELL
RELL
RMAX
RMAX
Q4 25
-3.3%
47.1%
Q3 25
0.6%
22.4%
Q2 25
4.0%
Q1 25
7.5%
5.3%
Q4 24
10.0%
73.2%
Q3 24
-1.0%
20.8%
Q2 24
17.8%
Q1 24
-5.6%
8.6%
Capex Intensity
RELL
RELL
RMAX
RMAX
Q4 25
3.1%
10.4%
Q3 25
1.9%
1.8%
Q2 25
2.2%
Q1 25
1.0%
2.3%
Q4 24
1.0%
9.1%
Q3 24
1.7%
1.7%
Q2 24
2.4%
Q1 24
0.8%
3.3%
Cash Conversion
RELL
RELL
RMAX
RMAX
Q4 25
28.39×
Q3 25
0.72×
4.45×
Q2 25
0.97×
Q1 25
Q4 24
10.28×
Q3 24
0.70×
18.22×
Q2 24
4.29×
Q1 24
-3.37×

Financial Flow Comparison

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

Revenue Breakdown by Segment

RELL
RELL

Power And Microwave Technologies Group$35.2M67%
Canvys$8.8M17%
Global Energy Solutions$8.3M16%

RMAX
RMAX

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

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