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Side-by-side financial comparison of RE/MAX Holdings, Inc. (RMAX) and FIRST FINANCIAL CORP (THFF). 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 $70.5M, roughly 1.0× FIRST FINANCIAL CORP). FIRST FINANCIAL CORP runs the higher net margin — 30.4% vs 2.0%, a 28.4% gap on every dollar of revenue. On growth, FIRST FINANCIAL CORP posted the faster year-over-year revenue change (14.1% vs -1.8%). FIRST FINANCIAL CORP produced more free cash flow last quarter ($86.4M vs $33.5M). Over the past eight quarters, FIRST FINANCIAL CORP's revenue compounded faster (20.8% CAGR vs -4.7%).

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.

First American Financial Corporation is an American financial services company which provides title insurance and settlement services to the real estate and mortgage industries.

RMAX vs THFF — Head-to-Head

Bigger by revenue
RMAX
RMAX
1.0× larger
RMAX
$71.1M
$70.5M
THFF
Growing faster (revenue YoY)
THFF
THFF
+16.0% gap
THFF
14.1%
-1.8%
RMAX
Higher net margin
THFF
THFF
28.4% more per $
THFF
30.4%
2.0%
RMAX
More free cash flow
THFF
THFF
$52.9M more FCF
THFF
$86.4M
$33.5M
RMAX
Faster 2-yr revenue CAGR
THFF
THFF
Annualised
THFF
20.8%
-4.7%
RMAX

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
RMAX
RMAX
THFF
THFF
Revenue
$71.1M
$70.5M
Net Profit
$1.4M
$21.5M
Gross Margin
Operating Margin
13.1%
37.4%
Net Margin
2.0%
30.4%
Revenue YoY
-1.8%
14.1%
Net Profit YoY
-75.2%
32.1%
EPS (diluted)
$1.81

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
RMAX
RMAX
THFF
THFF
Q4 25
$71.1M
$70.5M
Q3 25
$73.2M
$65.8M
Q2 25
$72.8M
$63.1M
Q1 25
$74.5M
$62.5M
Q4 24
$72.5M
$61.8M
Q3 24
$78.5M
$58.4M
Q2 24
$78.5M
$49.2M
Q1 24
$78.3M
$48.4M
Net Profit
RMAX
RMAX
THFF
THFF
Q4 25
$1.4M
$21.5M
Q3 25
$4.0M
$20.8M
Q2 25
$4.7M
$18.6M
Q1 25
$-2.0M
$18.4M
Q4 24
$5.8M
$16.2M
Q3 24
$966.0K
$8.7M
Q2 24
$3.7M
$11.4M
Q1 24
$-3.4M
$10.9M
Operating Margin
RMAX
RMAX
THFF
THFF
Q4 25
13.1%
37.4%
Q3 25
25.0%
39.2%
Q2 25
19.3%
36.2%
Q1 25
7.2%
38.1%
Q4 24
5.9%
32.4%
Q3 24
19.4%
17.9%
Q2 24
20.6%
27.6%
Q1 24
5.8%
27.2%
Net Margin
RMAX
RMAX
THFF
THFF
Q4 25
2.0%
30.4%
Q3 25
5.4%
31.6%
Q2 25
6.4%
29.5%
Q1 25
-2.6%
29.5%
Q4 24
8.0%
26.3%
Q3 24
1.2%
15.0%
Q2 24
4.7%
23.1%
Q1 24
-4.3%
22.6%
EPS (diluted)
RMAX
RMAX
THFF
THFF
Q4 25
$1.81
Q3 25
$1.75
Q2 25
$1.57
Q1 25
$1.55
Q4 24
$1.37
Q3 24
$0.74
Q2 24
$0.96
Q1 24
$0.93

Balance Sheet & Financial Strength

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

Metric
RMAX
RMAX
THFF
THFF
Cash + ST InvestmentsLiquidity on hand
$118.7M
Total DebtLower is stronger
$432.2M
$188.2M
Stockholders' EquityBook value
$452.4M
$650.9M
Total Assets
$582.5M
$5.8B
Debt / EquityLower = less leverage
0.96×
0.29×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
RMAX
RMAX
THFF
THFF
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
RMAX
RMAX
THFF
THFF
Q4 25
$432.2M
$188.2M
Q3 25
$433.3M
$170.5M
Q2 25
$434.4M
$122.7M
Q1 25
$435.3M
$124.9M
Q4 24
$436.2M
$28.1M
Q3 24
$437.2M
$30.5M
Q2 24
$438.1M
$108.6M
Q1 24
$439.0M
$58.6M
Stockholders' Equity
RMAX
RMAX
THFF
THFF
Q4 25
$452.4M
$650.9M
Q3 25
$448.1M
$622.2M
Q2 25
$442.4M
$587.7M
Q1 25
$433.5M
$571.9M
Q4 24
$429.5M
$549.0M
Q3 24
$423.1M
$566.0M
Q2 24
$418.4M
$530.7M
Q1 24
$412.0M
$520.8M
Total Assets
RMAX
RMAX
THFF
THFF
Q4 25
$582.5M
$5.8B
Q3 25
$582.2M
$5.7B
Q2 25
$574.8M
$5.6B
Q1 25
$571.4M
$5.5B
Q4 24
$581.6M
$5.6B
Q3 24
$578.6M
$5.5B
Q2 24
$571.4M
$4.9B
Q1 24
$566.7M
$4.9B
Debt / Equity
RMAX
RMAX
THFF
THFF
Q4 25
0.96×
0.29×
Q3 25
0.97×
0.27×
Q2 25
0.98×
0.21×
Q1 25
1.00×
0.22×
Q4 24
1.02×
0.05×
Q3 24
1.03×
0.05×
Q2 24
1.05×
0.20×
Q1 24
1.07×
0.11×

Cash Flow & Capital Efficiency

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

Metric
RMAX
RMAX
THFF
THFF
Operating Cash FlowLast quarter
$40.9M
$90.4M
Free Cash FlowOCF − Capex
$33.5M
$86.4M
FCF MarginFCF / Revenue
47.1%
122.5%
Capex IntensityCapex / Revenue
10.4%
5.6%
Cash ConversionOCF / Net Profit
28.39×
4.21×
TTM Free Cash FlowTrailing 4 quarters
$56.8M
$144.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
RMAX
RMAX
THFF
THFF
Q4 25
$40.9M
$90.4M
Q3 25
$17.7M
$26.9M
Q2 25
$4.6M
$12.7M
Q1 25
$5.7M
$21.1M
Q4 24
$59.7M
$60.4M
Q3 24
$17.6M
$23.3M
Q2 24
$15.9M
$8.8M
Q1 24
$9.4M
$12.4M
Free Cash Flow
RMAX
RMAX
THFF
THFF
Q4 25
$33.5M
$86.4M
Q3 25
$16.4M
$25.8M
Q2 25
$2.9M
$11.6M
Q1 25
$4.0M
$20.5M
Q4 24
$53.0M
$54.3M
Q3 24
$16.3M
$19.5M
Q2 24
$14.0M
$8.4M
Q1 24
$6.8M
$11.5M
FCF Margin
RMAX
RMAX
THFF
THFF
Q4 25
47.1%
122.5%
Q3 25
22.4%
39.2%
Q2 25
4.0%
18.4%
Q1 25
5.3%
32.8%
Q4 24
73.2%
87.8%
Q3 24
20.8%
33.5%
Q2 24
17.8%
17.2%
Q1 24
8.6%
23.7%
Capex Intensity
RMAX
RMAX
THFF
THFF
Q4 25
10.4%
5.6%
Q3 25
1.8%
1.7%
Q2 25
2.2%
1.8%
Q1 25
2.3%
0.9%
Q4 24
9.1%
9.9%
Q3 24
1.7%
6.5%
Q2 24
2.4%
0.7%
Q1 24
3.3%
2.0%
Cash Conversion
RMAX
RMAX
THFF
THFF
Q4 25
28.39×
4.21×
Q3 25
4.45×
1.29×
Q2 25
0.97×
0.68×
Q1 25
1.14×
Q4 24
10.28×
3.72×
Q3 24
18.22×
2.67×
Q2 24
4.29×
0.77×
Q1 24
1.14×

Financial Flow Comparison

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

Revenue Breakdown by Segment

RMAX
RMAX

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

THFF
THFF

Segment breakdown not available.

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