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FLYEXCLUSIVE INC.（FLYX）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
FLYEXCLUSIVE INC.的季度营收约是RE/MAX Holdings, Inc.的1.3倍（$92.1M vs $71.1M），RE/MAX Holdings, Inc.净利率更高（2.0% vs -4.6%，领先6.7%），FLYEXCLUSIVE INC.同比增速更快（19.8% vs -1.8%），RE/MAX Holdings, Inc.自由现金流更多（$33.5M vs $-11.0M），过去两年FLYEXCLUSIVE INC.的营收复合增速更高（21.9% vs -4.7%）
FLYEXCLUSIVE INC.是一家总部位于美国的私人航空服务提供商，主营私人包机、飞机托管、维修保养及部分所有权项目，主要服务北美的高净值人群、企业及政府客户，主打定制化按需出行服务，注重安全与出行体验。
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。
FLYX vs RMAX — 直观对比
营收规模更大
FLYX
是对方的1.3倍
$71.1M
营收增速更快
FLYX
高出21.6%
-1.8%
净利率更高
RMAX
高出6.7%
-4.6%
自由现金流更多
RMAX
多$44.5M
$-11.0M
两年增速更快
FLYX
近两年复合增速
-4.7%
损益表 — Q3 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $92.1M | $71.1M |
| 净利润 | $-4.3M | $1.4M |
| 毛利率 | 13.7% | — |
| 营业利润率 | -12.3% | 13.1% |
| 净利率 | -4.6% | 2.0% |
| 营收同比 | 19.8% | -1.8% |
| 净利润同比 | 32.0% | -75.2% |
| 每股收益（稀释后） | $-0.25 | — |
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FLYXRMAX
| Q4 25 | — | $71.1M | ||
| Q3 25 | $92.1M | $73.2M | ||
| Q2 25 | $91.3M | $72.8M | ||
| Q1 25 | $88.1M | $74.5M | ||
| Q4 24 | — | $72.5M | ||
| Q3 24 | $76.9M | $78.5M | ||
| Q2 24 | $79.0M | $78.5M | ||
| Q1 24 | $80.0M | $78.3M |
净利润FLYXRMAX
| Q4 25 | — | $1.4M | ||
| Q3 25 | $-4.3M | $4.0M | ||
| Q2 25 | $-4.8M | $4.7M | ||
| Q1 25 | $-5.4M | $-2.0M | ||
| Q4 24 | — | $5.8M | ||
| Q3 24 | $-6.3M | $966.0K | ||
| Q2 24 | $-5.2M | $3.7M | ||
| Q1 24 | $-5.8M | $-3.4M |
毛利率FLYXRMAX
| Q4 25 | — | — | ||
| Q3 25 | 13.7% | — | ||
| Q2 25 | 15.0% | — | ||
| Q1 25 | 12.8% | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 11.3% | — | ||
| Q2 24 | 7.9% | — | ||
| Q1 24 | 7.2% | — |
营业利润率FLYXRMAX
| Q4 25 | — | 13.1% | ||
| Q3 25 | -12.3% | 25.0% | ||
| Q2 25 | -13.5% | 19.3% | ||
| Q1 25 | -16.7% | 7.2% | ||
| Q4 24 | — | 5.9% | ||
| Q3 24 | -27.2% | 19.4% | ||
| Q2 24 | -27.6% | 20.6% | ||
| Q1 24 | -34.3% | 5.8% |
净利率FLYXRMAX
| Q4 25 | — | 2.0% | ||
| Q3 25 | -4.6% | 5.4% | ||
| Q2 25 | -5.2% | 6.4% | ||
| Q1 25 | -6.2% | -2.6% | ||
| Q4 24 | — | 8.0% | ||
| Q3 24 | -8.2% | 1.2% | ||
| Q2 24 | -6.5% | 4.7% | ||
| Q1 24 | -7.3% | -4.3% |
每股收益（稀释后）FLYXRMAX
| Q4 25 | — | — | ||
| Q3 25 | $-0.25 | — | ||
| Q2 25 | $-0.26 | — | ||
| Q1 25 | $-0.30 | — | ||
| Q4 24 | — | — | ||
| Q3 24 | $-0.32 | — | ||
| Q2 24 | $-0.32 | — | ||
| Q1 24 | $-0.35 | — |
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 | $18.7M | $118.7M |
| 总债务越低越好 | $123.9M | $432.2M |
| 股东权益账面价值 | $-434.2M | $452.4M |
| 总资产 | $448.1M | $582.5M |
| 负债/权益比越低杠杆越低 | — | 0.96× |
8季度趋势，按日历期对齐
现金及短期投资FLYXRMAX
| Q4 25 | — | $118.7M | ||
| Q3 25 | $18.7M | $107.5M | ||
| Q2 25 | $15.8M | $94.3M | ||
| Q1 25 | $14.7M | $89.1M | ||
| Q4 24 | — | $96.6M | ||
| Q3 24 | $18.7M | $83.8M | ||
| Q2 24 | $9.3M | $66.1M | ||
| Q1 24 | $5.3M | $82.1M |
总债务FLYXRMAX
| Q4 25 | — | $432.2M | ||
| Q3 25 | $123.9M | $433.3M | ||
| Q2 25 | $111.6M | $434.4M | ||
| Q1 25 | $121.6M | $435.3M | ||
| Q4 24 | — | $436.2M | ||
| Q3 24 | $197.9M | $437.2M | ||
| Q2 24 | $206.3M | $438.1M | ||
| Q1 24 | $209.4M | $439.0M |
股东权益FLYXRMAX
| Q4 25 | — | $452.4M | ||
| Q3 25 | $-434.2M | $448.1M | ||
| Q2 25 | $-261.4M | $442.4M | ||
| Q1 25 | $-281.5M | $433.5M | ||
| Q4 24 | — | $429.5M | ||
| Q3 24 | $-192.0M | $423.1M | ||
| Q2 24 | $-149.7M | $418.4M | ||
| Q1 24 | $-149.5M | $412.0M |
总资产FLYXRMAX
| Q4 25 | — | $582.5M | ||
| Q3 25 | $448.1M | $582.2M | ||
| Q2 25 | $443.4M | $574.8M | ||
| Q1 25 | $466.8M | $571.4M | ||
| Q4 24 | — | $581.6M | ||
| Q3 24 | $487.1M | $578.6M | ||
| Q2 24 | $494.7M | $571.4M | ||
| Q1 24 | $524.1M | $566.7M |
负债/权益比FLYXRMAX
| 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× |
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 | $-209.0K | $40.9M |
| 自由现金流经营现金流 - 资本支出 | $-11.0M | $33.5M |
| 自由现金流率自由现金流/营收 | -12.0% | 47.1% |
| 资本支出强度资本支出/营收 | 11.7% | 10.4% |
| 现金转化率经营现金流/净利润 | — | 28.39× |
| 过去12个月自由现金流最近4个季度 | $-51.0M | $56.8M |
8季度趋势，按日历期对齐
经营现金流FLYXRMAX
| Q4 25 | — | $40.9M | ||
| Q3 25 | $-209.0K | $17.7M | ||
| Q2 25 | $363.0K | $4.6M | ||
| Q1 25 | $-10.5M | $5.7M | ||
| Q4 24 | — | $59.7M | ||
| Q3 24 | $-12.3M | $17.6M | ||
| Q2 24 | $-16.2M | $15.9M | ||
| Q1 24 | $-26.0M | $9.4M |
自由现金流FLYXRMAX
| Q4 25 | — | $33.5M | ||
| Q3 25 | $-11.0M | $16.4M | ||
| Q2 25 | $353.0K | $2.9M | ||
| Q1 25 | $-14.6M | $4.0M | ||
| Q4 24 | — | $53.0M | ||
| Q3 24 | $-25.7M | $16.3M | ||
| Q2 24 | $-26.6M | $14.0M | ||
| Q1 24 | $-64.5M | $6.8M |
自由现金流率FLYXRMAX
| Q4 25 | — | 47.1% | ||
| Q3 25 | -12.0% | 22.4% | ||
| Q2 25 | 0.4% | 4.0% | ||
| Q1 25 | -16.5% | 5.3% | ||
| Q4 24 | — | 73.2% | ||
| Q3 24 | -33.5% | 20.8% | ||
| Q2 24 | -33.7% | 17.8% | ||
| Q1 24 | -80.6% | 8.6% |
资本支出强度FLYXRMAX
| Q4 25 | — | 10.4% | ||
| Q3 25 | 11.7% | 1.8% | ||
| Q2 25 | 0.0% | 2.2% | ||
| Q1 25 | 4.7% | 2.3% | ||
| Q4 24 | — | 9.1% | ||
| Q3 24 | 17.5% | 1.7% | ||
| Q2 24 | 13.2% | 2.4% | ||
| Q1 24 | 48.2% | 3.3% |
现金转化率FLYXRMAX
| Q4 25 | — | 28.39× | ||
| Q3 25 | — | 4.45× | ||
| Q2 25 | — | 0.97× | ||
| Q1 25 | — | — | ||
| 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
FLYX
暂无分部数据
RMAX
| Franchising Segment | $50.1M | 70% |
| Broker Fees | $13.9M | 20% |
| Annual Dues | $7.4M | 10% |
