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Side-by-side financial comparison of RE/MAX Holdings, Inc. (RMAX) and Vitesse Energy, Inc. (VTS). 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 $58.6M, roughly 1.2× Vitesse Energy, Inc.). RE/MAX Holdings, Inc. runs the higher net margin — 2.0% vs -1.3%, a 3.3% gap on every dollar of revenue. On growth, Vitesse Energy, Inc. posted the faster year-over-year revenue change (4.8% vs -1.8%). Over the past eight quarters, Vitesse Energy, Inc.'s revenue compounded faster (-2.1% 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.
Vitesse Energy, Inc. is a U.S.-headquartered independent energy company focused on exploration, development, and production of oil and natural gas assets. It operates primarily in high-potential onshore basins including North Dakota's Williston Basin, serving domestic and global upstream energy market demand.
RMAX vs VTS — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $71.1M | $58.6M |
| Net Profit | $1.4M | $-739.0K |
| Gross Margin | — | — |
| Operating Margin | 13.1% | -12.0% |
| Net Margin | 2.0% | -1.3% |
| Revenue YoY | -1.8% | 4.8% |
| Net Profit YoY | -75.2% | 85.6% |
| EPS (diluted) | — | $-0.01 |
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.
| Q4 25 | $71.1M | $58.6M | ||
| Q3 25 | $73.2M | $67.4M | ||
| Q2 25 | $72.8M | $81.8M | ||
| Q1 25 | $74.5M | $66.2M | ||
| Q4 24 | $72.5M | $55.9M | ||
| Q3 24 | $78.5M | $58.3M | ||
| Q2 24 | $78.5M | $66.6M | ||
| Q1 24 | $78.3M | $61.2M |
| Q4 25 | $1.4M | $-739.0K | ||
| Q3 25 | $4.0M | $-1.3M | ||
| Q2 25 | $4.7M | $24.7M | ||
| Q1 25 | $-2.0M | $2.7M | ||
| Q4 24 | $5.8M | $-5.1M | ||
| Q3 24 | $966.0K | $17.4M | ||
| Q2 24 | $3.7M | $10.9M | ||
| Q1 24 | $-3.4M | $-2.2M |
| Q4 25 | 13.1% | -12.0% | ||
| Q3 25 | 25.0% | 0.2% | ||
| Q2 25 | 19.3% | 22.8% | ||
| Q1 25 | 7.2% | 8.1% | ||
| Q4 24 | 5.9% | 3.7% | ||
| Q3 24 | 19.4% | 15.4% | ||
| Q2 24 | 20.6% | 25.2% | ||
| Q1 24 | 5.8% | 21.4% |
| Q4 25 | 2.0% | -1.3% | ||
| Q3 25 | 5.4% | -1.9% | ||
| Q2 25 | 6.4% | 30.2% | ||
| Q1 25 | -2.6% | 4.0% | ||
| Q4 24 | 8.0% | -9.2% | ||
| Q3 24 | 1.2% | 29.9% | ||
| Q2 24 | 4.7% | 16.4% | ||
| Q1 24 | -4.3% | -3.6% |
| Q4 25 | — | $-0.01 | ||
| Q3 25 | — | $-0.03 | ||
| Q2 25 | — | $0.60 | ||
| Q1 25 | — | $0.08 | ||
| Q4 24 | — | $-0.15 | ||
| Q3 24 | — | $0.53 | ||
| Q2 24 | — | $0.33 | ||
| Q1 24 | — | $-0.07 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $118.7M | — |
| Total DebtLower is stronger | $432.2M | — |
| Stockholders' EquityBook value | $452.4M | $629.3M |
| Total Assets | $582.5M | $893.4M |
| Debt / EquityLower = less leverage | 0.96× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $118.7M | — | ||
| Q3 25 | $107.5M | — | ||
| Q2 25 | $94.3M | — | ||
| Q1 25 | $89.1M | $4.5M | ||
| Q4 24 | $96.6M | $3.0M | ||
| Q3 24 | $83.8M | — | ||
| Q2 24 | $66.1M | — | ||
| Q1 24 | $82.1M | — |
| 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 | — |
| Q4 25 | $452.4M | $629.3M | ||
| Q3 25 | $448.1M | $650.3M | ||
| Q2 25 | $442.4M | $671.9M | ||
| Q1 25 | $433.5M | $667.7M | ||
| Q4 24 | $429.5M | $500.3M | ||
| Q3 24 | $423.1M | $520.4M | ||
| Q2 24 | $418.4M | $518.5M | ||
| Q1 24 | $412.0M | $522.7M |
| Q4 25 | $582.5M | $893.4M | ||
| Q3 25 | $582.2M | $932.9M | ||
| Q2 25 | $574.8M | $951.5M | ||
| Q1 25 | $571.4M | $975.2M | ||
| Q4 24 | $581.6M | $810.9M | ||
| Q3 24 | $578.6M | $791.2M | ||
| Q2 24 | $571.4M | $778.4M | ||
| Q1 24 | $566.7M | $749.7M |
| 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 | | |
|---|---|---|
| Operating Cash FlowLast quarter | $40.9M | $37.4M |
| Free Cash FlowOCF − Capex | $33.5M | — |
| FCF MarginFCF / Revenue | 47.1% | — |
| Capex IntensityCapex / Revenue | 10.4% | — |
| Cash ConversionOCF / Net Profit | 28.39× | — |
| TTM Free Cash FlowTrailing 4 quarters | $56.8M | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $40.9M | $37.4M | ||
| Q3 25 | $17.7M | $49.4M | ||
| Q2 25 | $4.6M | $66.0M | ||
| Q1 25 | $5.7M | $17.5M | ||
| Q4 24 | $59.7M | $34.7M | ||
| Q3 24 | $17.6M | $45.7M | ||
| Q2 24 | $15.9M | $35.2M | ||
| Q1 24 | $9.4M | $39.4M |
| Q4 25 | $33.5M | — | ||
| Q3 25 | $16.4M | — | ||
| Q2 25 | $2.9M | — | ||
| Q1 25 | $4.0M | — | ||
| Q4 24 | $53.0M | — | ||
| Q3 24 | $16.3M | — | ||
| Q2 24 | $14.0M | — | ||
| Q1 24 | $6.8M | — |
| Q4 25 | 47.1% | — | ||
| Q3 25 | 22.4% | — | ||
| Q2 25 | 4.0% | — | ||
| Q1 25 | 5.3% | — | ||
| Q4 24 | 73.2% | — | ||
| Q3 24 | 20.8% | — | ||
| Q2 24 | 17.8% | — | ||
| Q1 24 | 8.6% | — |
| Q4 25 | 10.4% | — | ||
| Q3 25 | 1.8% | — | ||
| Q2 25 | 2.2% | — | ||
| Q1 25 | 2.3% | — | ||
| Q4 24 | 9.1% | — | ||
| Q3 24 | 1.7% | — | ||
| Q2 24 | 2.4% | — | ||
| Q1 24 | 3.3% | — |
| Q4 25 | 28.39× | — | ||
| Q3 25 | 4.45× | — | ||
| Q2 25 | 0.97× | 2.68× | ||
| Q1 25 | — | 6.56× | ||
| Q4 24 | 10.28× | — | ||
| Q3 24 | 18.22× | 2.62× | ||
| Q2 24 | 4.29× | 3.22× | ||
| Q1 24 | — | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
RMAX
| Franchising Segment | $50.1M | 70% |
| Broker Fees | $13.9M | 20% |
| Annual Dues | $7.4M | 10% |
VTS
| Oil Reserves | $54.5M | 93% |
| Natural Gas Reserves | $4.2M | 7% |
