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FS Bancorp, Inc.（FSBW）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FS Bancorp, Inc.的1.8倍（$71.1M vs $40.0M），FS Bancorp, Inc.同比增速更快（12.0% vs -1.8%），FS Bancorp, Inc.自由现金流更多（$51.9M vs $33.5M），过去两年FS Bancorp, Inc.的营收复合增速更高（6.2% vs -4.7%）
FS Bancorp, Inc.是总部位于美国的银行控股公司，为华盛顿第一安全银行的母公司，主要面向美国太平洋西北地区客户提供各类个人及商业银行服务，包括存款产品、住房贷款、小微企业融资、建筑贷款等，核心业务涵盖零售银行、商业银行及住房信贷三大板块。
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。
FSBW vs RMAX — 直观对比
营收规模更大
RMAX
是对方的1.8倍
$40.0M
营收增速更快
FSBW
高出13.8%
-1.8%
自由现金流更多
FSBW
多$18.4M
$33.5M
两年增速更快
FSBW
近两年复合增速
-4.7%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $40.0M | $71.1M |
| 净利润 | — | $1.4M |
| 毛利率 | — | — |
| 营业利润率 | 25.8% | 13.1% |
| 净利率 | — | 2.0% |
| 营收同比 | 12.0% | -1.8% |
| 净利润同比 | — | -75.2% |
| 每股收益（稀释后） | $1.11 | — |
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FSBWRMAX
| Q4 25 | $40.0M | $71.1M | ||
| Q3 25 | $39.3M | $73.2M | ||
| Q2 25 | $37.3M | $72.8M | ||
| Q1 25 | $36.1M | $74.5M | ||
| Q4 24 | $35.7M | $72.5M | ||
| Q3 24 | $37.2M | $78.5M | ||
| Q2 24 | $36.3M | $78.5M | ||
| Q1 24 | $35.5M | $78.3M |
净利润FSBWRMAX
| Q4 25 | — | $1.4M | ||
| Q3 25 | $9.2M | $4.0M | ||
| Q2 25 | $7.7M | $4.7M | ||
| Q1 25 | $8.0M | $-2.0M | ||
| Q4 24 | — | $5.8M | ||
| Q3 24 | $10.3M | $966.0K | ||
| Q2 24 | $9.0M | $3.7M | ||
| Q1 24 | $8.4M | $-3.4M |
营业利润率FSBWRMAX
| Q4 25 | 25.8% | 13.1% | ||
| Q3 25 | 29.5% | 25.0% | ||
| Q2 25 | 26.2% | 19.3% | ||
| Q1 25 | 26.2% | 7.2% | ||
| Q4 24 | 27.6% | 5.9% | ||
| Q3 24 | 26.5% | 19.4% | ||
| Q2 24 | 31.3% | 20.6% | ||
| Q1 24 | 29.7% | 5.8% |
净利率FSBWRMAX
| Q4 25 | — | 2.0% | ||
| Q3 25 | 23.4% | 5.4% | ||
| Q2 25 | 20.7% | 6.4% | ||
| Q1 25 | 22.2% | -2.6% | ||
| Q4 24 | — | 8.0% | ||
| Q3 24 | 27.6% | 1.2% | ||
| Q2 24 | 24.7% | 4.7% | ||
| Q1 24 | 23.7% | -4.3% |
每股收益（稀释后）FSBWRMAX
| Q4 25 | $1.11 | — | ||
| Q3 25 | $1.18 | — | ||
| Q2 25 | $0.99 | — | ||
| Q1 25 | $1.01 | — | ||
| Q4 24 | $0.88 | — | ||
| Q3 24 | $1.29 | — | ||
| Q2 24 | $1.13 | — | ||
| Q1 24 | $1.06 | — |
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 | $28.2M | $118.7M |
| 总债务越低越好 | — | $432.2M |
| 股东权益账面价值 | $307.7M | $452.4M |
| 总资产 | $3.2B | $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FSBWRMAX
| Q4 25 | $28.2M | $118.7M | ||
| Q3 25 | $61.3M | $107.5M | ||
| Q2 25 | $33.2M | $94.3M | ||
| Q1 25 | $62.7M | $89.1M | ||
| Q4 24 | $31.6M | $96.6M | ||
| Q3 24 | $40.3M | $83.8M | ||
| Q2 24 | $33.0M | $66.1M | ||
| Q1 24 | $45.4M | $82.1M |
总债务FSBWRMAX
| 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 |
股东权益FSBWRMAX
| Q4 25 | $307.7M | $452.4M | ||
| Q3 25 | $300.5M | $448.1M | ||
| Q2 25 | $297.2M | $442.4M | ||
| Q1 25 | $298.8M | $433.5M | ||
| Q4 24 | $295.8M | $429.5M | ||
| Q3 24 | $288.9M | $423.1M | ||
| Q2 24 | $284.0M | $418.4M | ||
| Q1 24 | $277.9M | $412.0M |
总资产FSBWRMAX
| Q4 25 | $3.2B | $582.5M | ||
| Q3 25 | $3.2B | $582.2M | ||
| Q2 25 | $3.2B | $574.8M | ||
| Q1 25 | $3.1B | $571.4M | ||
| Q4 24 | $3.0B | $581.6M | ||
| Q3 24 | $3.0B | $578.6M | ||
| Q2 24 | $2.9B | $571.4M | ||
| Q1 24 | $3.0B | $566.7M |
负债/权益比FSBWRMAX
| 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 | $72.3M | $40.9M |
| 自由现金流经营现金流 - 资本支出 | $51.9M | $33.5M |
| 自由现金流率自由现金流/营收 | 129.8% | 47.1% |
| 资本支出强度资本支出/营收 | 50.9% | 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 | $107.2M | $56.8M |
8季度趋势，按日历期对齐
经营现金流FSBWRMAX
| Q4 25 | $72.3M | $40.9M | ||
| Q3 25 | $44.6M | $17.7M | ||
| Q2 25 | $7.1M | $4.6M | ||
| Q1 25 | $8.2M | $5.7M | ||
| Q4 24 | $50.8M | $59.7M | ||
| Q3 24 | $-891.0K | $17.6M | ||
| Q2 24 | $9.9M | $15.9M | ||
| Q1 24 | $275.0K | $9.4M |
自由现金流FSBWRMAX
| Q4 25 | $51.9M | $33.5M | ||
| Q3 25 | $41.6M | $16.4M | ||
| Q2 25 | $5.9M | $2.9M | ||
| Q1 25 | $7.8M | $4.0M | ||
| Q4 24 | $49.2M | $53.0M | ||
| Q3 24 | $-1.5M | $16.3M | ||
| Q2 24 | $9.6M | $14.0M | ||
| Q1 24 | $-82.0K | $6.8M |
自由现金流率FSBWRMAX
| Q4 25 | 129.8% | 47.1% | ||
| Q3 25 | 105.9% | 22.4% | ||
| Q2 25 | 15.7% | 4.0% | ||
| Q1 25 | 21.7% | 5.3% | ||
| Q4 24 | 137.7% | 73.2% | ||
| Q3 24 | -4.1% | 20.8% | ||
| Q2 24 | 26.6% | 17.8% | ||
| Q1 24 | -0.2% | 8.6% |
资本支出强度FSBWRMAX
| Q4 25 | 50.9% | 10.4% | ||
| Q3 25 | 7.7% | 1.8% | ||
| Q2 25 | 3.5% | 2.2% | ||
| Q1 25 | 1.0% | 2.3% | ||
| Q4 24 | 4.6% | 9.1% | ||
| Q3 24 | 1.7% | 1.7% | ||
| Q2 24 | 0.8% | 2.4% | ||
| Q1 24 | 1.0% | 3.3% |
现金转化率FSBWRMAX
| Q4 25 | — | 28.39× | ||
| Q3 25 | 4.86× | 4.45× | ||
| Q2 25 | 0.92× | 0.97× | ||
| Q1 25 | 1.02× | — | ||
| Q4 24 | — | 10.28× | ||
| Q3 24 | -0.09× | 18.22× | ||
| Q2 24 | 1.11× | 4.29× | ||
| Q1 24 | 0.03× | — |
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
FSBW
暂无分部数据
RMAX
| Franchising Segment | $50.1M | 70% |
| Broker Fees | $13.9M | 20% |
| Annual Dues | $7.4M | 10% |
