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美国国际集团（AII）与RE/MAX Holdings, Inc.（RMAX）财务数据对比。点击上方公司名可切换其他公司
RE/MAX Holdings, Inc.的季度营收约是美国国际集团的1.0倍（$71.1M vs $68.1M），美国国际集团净利率更高（30.7% vs 2.0%，领先28.6%），美国国际集团自由现金流更多（$133.2M vs $33.5M）
美国国际集团（AIG）是一家美国跨国金融保险集团，业务遍及全球80多个国家和地区，截至2023年共有雇员25200人。集团核心业务分为三大板块：一般保险、人寿与退休服务，另设有一家独立的科技赋能子公司。
RE/MAX是全球知名的房地产特许经营机构，业务遍布全球一百多个国家和地区，旗下拥有数千家门店，总计超过十万名房产经纪人，在国际房产中介领域拥有极高的品牌知名度与市场影响力。
AII vs RMAX — 直观对比
营收规模更大
RMAX
是对方的1.0倍
$68.1M
净利率更高
AII
高出28.6%
2.0%
自由现金流更多
AII
多$99.7M
$33.5M
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $68.1M | $71.1M |
| 净利润 | $20.9M | $1.4M |
| 毛利率 | — | — |
| 营业利润率 | 43.0% | 13.1% |
| 净利率 | 30.7% | 2.0% |
| 营收同比 | — | -1.8% |
| 净利润同比 | — | -75.2% |
| 每股收益（稀释后） | $0.58 | — |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收AIIRMAX
| Q4 25 | $68.1M | $71.1M | ||
| Q3 25 | $62.0M | $73.2M | ||
| Q2 25 | $74.5M | $72.8M | ||
| Q1 25 | $71.9M | $74.5M | ||
| Q4 24 | — | $72.5M | ||
| Q3 24 | — | $78.5M | ||
| Q2 24 | — | $78.5M | ||
| Q1 24 | — | $78.3M |
净利润AIIRMAX
| Q4 25 | $20.9M | $1.4M | ||
| Q3 25 | $13.2M | $4.0M | ||
| Q2 25 | $27.5M | $4.7M | ||
| Q1 25 | $38.1M | $-2.0M | ||
| Q4 24 | — | $5.8M | ||
| Q3 24 | — | $966.0K | ||
| Q2 24 | — | $3.7M | ||
| Q1 24 | — | $-3.4M |
营业利润率AIIRMAX
| Q4 25 | 43.0% | 13.1% | ||
| Q3 25 | 30.3% | 25.0% | ||
| Q2 25 | 32.3% | 19.3% | ||
| Q1 25 | 59.7% | 7.2% | ||
| Q4 24 | — | 5.9% | ||
| Q3 24 | — | 19.4% | ||
| Q2 24 | — | 20.6% | ||
| Q1 24 | — | 5.8% |
净利率AIIRMAX
| Q4 25 | 30.7% | 2.0% | ||
| Q3 25 | 21.2% | 5.4% | ||
| Q2 25 | 36.9% | 6.4% | ||
| Q1 25 | 53.0% | -2.6% | ||
| Q4 24 | — | 8.0% | ||
| Q3 24 | — | 1.2% | ||
| Q2 24 | — | 4.7% | ||
| Q1 24 | — | -4.3% |
每股收益（稀释后）AIIRMAX
| Q4 25 | $0.58 | — | ||
| Q3 25 | $0.67 | — | ||
| Q2 25 | $1.62 | — | ||
| Q1 25 | $2.78 | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $222.0M | $118.7M |
| 总债务越低越好 | $618.0K | $432.2M |
| 股东权益账面价值 | $337.0M | $452.4M |
| 总资产 | $1.2B | $582.5M |
| 负债/权益比越低杠杆越低 | 0.00× | 0.96× |
8季度趋势，按日历期对齐
现金及短期投资AIIRMAX
| Q4 25 | $222.0M | $118.7M | ||
| Q3 25 | $171.9M | $107.5M | ||
| Q2 25 | $259.6M | $94.3M | ||
| Q1 25 | $236.4M | $89.1M | ||
| Q4 24 | — | $96.6M | ||
| Q3 24 | — | $83.8M | ||
| Q2 24 | — | $66.1M | ||
| Q1 24 | — | $82.1M |
总债务AIIRMAX
| Q4 25 | $618.0K | $432.2M | ||
| Q3 25 | $721.0K | $433.3M | ||
| Q2 25 | $824.0K | $434.4M | ||
| Q1 25 | $926.0K | $435.3M | ||
| Q4 24 | — | $436.2M | ||
| Q3 24 | — | $437.2M | ||
| Q2 24 | — | $438.1M | ||
| Q1 24 | — | $439.0M |
股东权益AIIRMAX
| Q4 25 | $337.0M | $452.4M | ||
| Q3 25 | $315.9M | $448.1M | ||
| Q2 25 | $301.9M | $442.4M | ||
| Q1 25 | $186.1M | $433.5M | ||
| Q4 24 | — | $429.5M | ||
| Q3 24 | — | $423.1M | ||
| Q2 24 | — | $418.4M | ||
| Q1 24 | — | $412.0M |
总资产AIIRMAX
| Q4 25 | $1.2B | $582.5M | ||
| Q3 25 | $1.4B | $582.2M | ||
| Q2 25 | $1.6B | $574.8M | ||
| Q1 25 | $1.1B | $571.4M | ||
| Q4 24 | — | $581.6M | ||
| Q3 24 | — | $578.6M | ||
| Q2 24 | — | $571.4M | ||
| Q1 24 | — | $566.7M |
负债/权益比AIIRMAX
| Q4 25 | 0.00× | 0.96× | ||
| Q3 25 | 0.00× | 0.97× | ||
| Q2 25 | 0.00× | 0.98× | ||
| Q1 25 | 0.00× | 1.00× | ||
| Q4 24 | — | 1.02× | ||
| Q3 24 | — | 1.03× | ||
| Q2 24 | — | 1.05× | ||
| Q1 24 | — | 1.07× |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | $138.2M | $40.9M |
| 自由现金流经营现金流 - 资本支出 | $133.2M | $33.5M |
| 自由现金流率自由现金流/营收 | 195.6% | 47.1% |
| 资本支出强度资本支出/营收 | 7.4% | 10.4% |
| 现金转化率经营现金流/净利润 | 6.62× | 28.39× |
| 过去12个月自由现金流最近4个季度 | $216.1M | $56.8M |
8季度趋势，按日历期对齐
经营现金流AIIRMAX
| Q4 25 | $138.2M | $40.9M | ||
| Q3 25 | $-7.5M | $17.7M | ||
| Q2 25 | $27.4M | $4.6M | ||
| Q1 25 | $68.1M | $5.7M | ||
| Q4 24 | — | $59.7M | ||
| Q3 24 | — | $17.6M | ||
| Q2 24 | — | $15.9M | ||
| Q1 24 | — | $9.4M |
自由现金流AIIRMAX
| Q4 25 | $133.2M | $33.5M | ||
| Q3 25 | $-11.9M | $16.4M | ||
| Q2 25 | $26.9M | $2.9M | ||
| Q1 25 | $68.0M | $4.0M | ||
| Q4 24 | — | $53.0M | ||
| Q3 24 | — | $16.3M | ||
| Q2 24 | — | $14.0M | ||
| Q1 24 | — | $6.8M |
自由现金流率AIIRMAX
| Q4 25 | 195.6% | 47.1% | ||
| Q3 25 | -19.2% | 22.4% | ||
| Q2 25 | 36.1% | 4.0% | ||
| Q1 25 | 94.6% | 5.3% | ||
| Q4 24 | — | 73.2% | ||
| Q3 24 | — | 20.8% | ||
| Q2 24 | — | 17.8% | ||
| Q1 24 | — | 8.6% |
资本支出强度AIIRMAX
| Q4 25 | 7.4% | 10.4% | ||
| Q3 25 | 7.2% | 1.8% | ||
| Q2 25 | 0.6% | 2.2% | ||
| Q1 25 | 0.2% | 2.3% | ||
| Q4 24 | — | 9.1% | ||
| Q3 24 | — | 1.7% | ||
| Q2 24 | — | 2.4% | ||
| Q1 24 | — | 3.3% |
现金转化率AIIRMAX
| Q4 25 | 6.62× | 28.39× | ||
| Q3 25 | -0.57× | 4.45× | ||
| Q2 25 | 1.00× | 0.97× | ||
| Q1 25 | 1.79× | — | ||
| Q4 24 | — | 10.28× | ||
| Q3 24 | — | 18.22× | ||
| Q2 24 | — | 4.29× | ||
| Q1 24 | — | — |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
AII
暂无分部数据
RMAX
| Franchising Segment | $50.1M | 70% |
| Broker Fees | $13.9M | 20% |
| Annual Dues | $7.4M | 10% |
