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Finance of America Companies Inc.（FOA）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
Finance of America Companies Inc.的季度营收约是RE/MAX Holdings, Inc.的1.0倍（$73.5M vs $71.1M），RE/MAX Holdings, Inc.净利率更高（2.0% vs -14.1%，领先16.1%），Finance of America Companies Inc.同比增速更快（248.7% vs -1.8%），过去两年Finance of America Companies Inc.的营收复合增速更高（-0.8% vs -4.7%）
洛克特公司是一家美国金融科技与住房服务企业，由丹·吉尔伯特创立，总部位于密歇根州底特律市中心。依托核心子公司Rocket Mortgage，该公司已是美国规模最大的抵押贷款机构之一，旗下还拥有Redfin、Forsalebyowner.com、Rocket Money等子品牌。
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。
FOA vs RMAX — 直观对比
营收规模更大
FOA
是对方的1.0倍
$71.1M
营收增速更快
FOA
高出250.6%
-1.8%
净利率更高
RMAX
高出16.1%
-14.1%
两年增速更快
FOA
近两年复合增速
-4.7%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $73.5M | $71.1M |
| 净利润 | $-10.4M | $1.4M |
| 毛利率 | — | — |
| 营业利润率 | -29.9% | 13.1% |
| 净利率 | -14.1% | 2.0% |
| 营收同比 | 248.7% | -1.8% |
| 净利润同比 | 82.4% | -75.2% |
| 每股收益（稀释后） | $0.45 | — |
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FOARMAX
| Q4 25 | $73.5M | $71.1M | ||
| Q3 25 | $80.8M | $73.2M | ||
| Q2 25 | $177.4M | $72.8M | ||
| Q1 25 | $165.7M | $74.5M | ||
| Q4 24 | $-49.4M | $72.5M | ||
| Q3 24 | $290.1M | $78.5M | ||
| Q2 24 | $79.0M | $78.5M | ||
| Q1 24 | $74.7M | $78.3M |
净利润FOARMAX
| Q4 25 | $-10.4M | $1.4M | ||
| Q3 25 | $-9.5M | $4.0M | ||
| Q2 25 | $34.9M | $4.7M | ||
| Q1 25 | $30.2M | $-2.0M | ||
| Q4 24 | $-59.1M | $5.8M | ||
| Q3 24 | $84.2M | $966.0K | ||
| Q2 24 | $-2.1M | $3.7M | ||
| Q1 24 | $-7.5M | $-3.4M |
营业利润率FOARMAX
| Q4 25 | -29.9% | 13.1% | ||
| Q3 25 | -35.3% | 25.0% | ||
| Q2 25 | 46.2% | 19.3% | ||
| Q1 25 | 49.3% | 7.2% | ||
| Q4 24 | 295.0% | 5.9% | ||
| Q3 24 | 71.8% | 19.4% | ||
| Q2 24 | -4.8% | 20.6% | ||
| Q1 24 | -21.1% | 5.8% |
净利率FOARMAX
| Q4 25 | -14.1% | 2.0% | ||
| Q3 25 | -11.8% | 5.4% | ||
| Q2 25 | 19.7% | 6.4% | ||
| Q1 25 | 18.2% | -2.6% | ||
| Q4 24 | 119.5% | 8.0% | ||
| Q3 24 | 29.0% | 1.2% | ||
| Q2 24 | -2.6% | 4.7% | ||
| Q1 24 | -10.1% | -4.3% |
每股收益（稀释后）FOARMAX
| Q4 25 | $0.45 | — | ||
| Q3 25 | $-1.27 | — | ||
| Q2 25 | $2.13 | — | ||
| Q1 25 | $2.43 | — | ||
| Q4 24 | $-5.24 | — | ||
| Q3 24 | $7.50 | — | ||
| Q2 24 | $-0.30 | — | ||
| Q1 24 | $-0.78 | — |
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 | $89.5M | $118.7M |
| 总债务越低越好 | $357.5M | $432.2M |
| 股东权益账面价值 | $395.6M | $452.4M |
| 总资产 | $30.7B | $582.5M |
| 负债/权益比越低杠杆越低 | 0.90× | 0.96× |
8季度趋势，按日历期对齐
现金及短期投资FOARMAX
| Q4 25 | $89.5M | $118.7M | ||
| Q3 25 | $109.8M | $107.5M | ||
| Q2 25 | $46.5M | $94.3M | ||
| Q1 25 | $52.0M | $89.1M | ||
| Q4 24 | $47.4M | $96.6M | ||
| Q3 24 | $44.3M | $83.8M | ||
| Q2 24 | $46.5M | $66.1M | ||
| Q1 24 | $48.2M | $82.1M |
总债务FOARMAX
| Q4 25 | $357.5M | $432.2M | ||
| Q3 25 | $390.0M | $433.3M | ||
| Q2 25 | — | $434.4M | ||
| Q1 25 | — | $435.3M | ||
| Q4 24 | $374.5M | $436.2M | ||
| Q3 24 | — | $437.2M | ||
| Q2 24 | — | $438.1M | ||
| Q1 24 | — | $439.0M |
股东权益FOARMAX
| Q4 25 | $395.6M | $452.4M | ||
| Q3 25 | $365.8M | $448.1M | ||
| Q2 25 | $473.4M | $442.4M | ||
| Q1 25 | $394.9M | $433.5M | ||
| Q4 24 | $315.7M | $429.5M | ||
| Q3 24 | $456.5M | $423.1M | ||
| Q2 24 | $251.3M | $418.4M | ||
| Q1 24 | $255.7M | $412.0M |
总资产FOARMAX
| Q4 25 | $30.7B | $582.5M | ||
| Q3 25 | $30.7B | $582.2M | ||
| Q2 25 | $30.1B | $574.8M | ||
| Q1 25 | $29.7B | $571.4M | ||
| Q4 24 | $29.2B | $581.6M | ||
| Q3 24 | $29.0B | $578.6M | ||
| Q2 24 | $28.0B | $571.4M | ||
| Q1 24 | $27.7B | $566.7M |
负债/权益比FOARMAX
| Q4 25 | 0.90× | 0.96× | ||
| Q3 25 | 1.07× | 0.97× | ||
| Q2 25 | — | 0.98× | ||
| Q1 25 | — | 1.00× | ||
| Q4 24 | 1.19× | 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 | $-429.7M | $40.9M |
| 自由现金流经营现金流 - 资本支出 | — | $33.5M |
| 自由现金流率自由现金流/营收 | — | 47.1% |
| 资本支出强度资本支出/营收 | — | 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 | — | $56.8M |
8季度趋势，按日历期对齐
经营现金流FOARMAX
| Q4 25 | $-429.7M | $40.9M | ||
| Q3 25 | $-149.7M | $17.7M | ||
| Q2 25 | $-96.5M | $4.6M | ||
| Q1 25 | $-92.1M | $5.7M | ||
| Q4 24 | $-423.8M | $59.7M | ||
| Q3 24 | $-81.4M | $17.6M | ||
| Q2 24 | $-104.0M | $15.9M | ||
| Q1 24 | $-132.2M | $9.4M |
自由现金流FOARMAX
| 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 | $-132.7M | $6.8M |
自由现金流率FOARMAX
| 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 | -177.7% | 8.6% |
资本支出强度FOARMAX
| 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 | 0.6% | 3.3% |
现金转化率FOARMAX
| Q4 25 | — | 28.39× | ||
| Q3 25 | — | 4.45× | ||
| Q2 25 | -2.76× | 0.97× | ||
| Q1 25 | -3.05× | — | ||
| Q4 24 | — | 10.28× | ||
| Q3 24 | -0.97× | 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
FOA
| Segment Continuing Operations | $70.8M | 96% |
| Other | $2.7M | 4% |
RMAX
| Franchising Segment | $50.1M | 70% |
| Broker Fees | $13.9M | 20% |
| Annual Dues | $7.4M | 10% |
