vs
GERMAN AMERICAN BANCORP, INC.（GABC）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
GERMAN AMERICAN BANCORP, INC.的季度营收约是RE/MAX Holdings, Inc.的1.8倍（$126.7M vs $71.1M），GERMAN AMERICAN BANCORP, INC.净利率更高（28.2% vs 2.0%，领先26.2%），GERMAN AMERICAN BANCORP, INC.同比增速更快（39.7% vs -1.8%），GERMAN AMERICAN BANCORP, INC.自由现金流更多（$154.0M vs $33.5M），过去两年GERMAN AMERICAN BANCORP, INC.的营收复合增速更高（22.7% vs -4.7%）
German American Bancorp, Inc.（股票代码：GABC）是一家美国的银行控股企业，专注于提供多元金融服务，核心业务涵盖支付卡相关服务，总部位于纽约曼哈顿下城的巴特利公园城，在金融服务领域拥有成熟的业务布局。
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。
GABC vs RMAX — 直观对比
营收规模更大
GABC
是对方的1.8倍
$71.1M
营收增速更快
GABC
高出41.5%
-1.8%
净利率更高
GABC
高出26.2%
2.0%
自由现金流更多
GABC
多$120.5M
$33.5M
两年增速更快
GABC
近两年复合增速
-4.7%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $126.7M | $71.1M |
| 净利润 | $35.7M | $1.4M |
| 毛利率 | — | — |
| 营业利润率 | 34.6% | 13.1% |
| 净利率 | 28.2% | 2.0% |
| 营收同比 | 39.7% | -1.8% |
| 净利润同比 | 53.7% | -75.2% |
| 每股收益（稀释后） | $0.98 | — |
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GABCRMAX
| Q4 25 | $126.7M | $71.1M | ||
| Q3 25 | $126.5M | $73.2M | ||
| Q2 25 | $123.2M | $72.8M | ||
| Q1 25 | $111.1M | $74.5M | ||
| Q4 24 | $90.7M | $72.5M | ||
| Q3 24 | $88.5M | $78.5M | ||
| Q2 24 | $90.5M | $78.5M | ||
| Q1 24 | $84.1M | $78.3M |
净利润GABCRMAX
| Q4 25 | $35.7M | $1.4M | ||
| Q3 25 | $35.1M | $4.0M | ||
| Q2 25 | $31.4M | $4.7M | ||
| Q1 25 | $10.5M | $-2.0M | ||
| Q4 24 | $23.2M | $5.8M | ||
| Q3 24 | $21.0M | $966.0K | ||
| Q2 24 | $20.5M | $3.7M | ||
| Q1 24 | $19.0M | $-3.4M |
营业利润率GABCRMAX
| Q4 25 | 34.6% | 13.1% | ||
| Q3 25 | 34.6% | 25.0% | ||
| Q2 25 | 31.8% | 19.3% | ||
| Q1 25 | 12.0% | 7.2% | ||
| Q4 24 | 31.6% | 5.9% | ||
| Q3 24 | 29.0% | 19.4% | ||
| Q2 24 | 29.4% | 20.6% | ||
| Q1 24 | 27.6% | 5.8% |
净利率GABCRMAX
| Q4 25 | 28.2% | 2.0% | ||
| Q3 25 | 27.7% | 5.4% | ||
| Q2 25 | 25.5% | 6.4% | ||
| Q1 25 | 9.5% | -2.6% | ||
| Q4 24 | 25.6% | 8.0% | ||
| Q3 24 | 23.8% | 1.2% | ||
| Q2 24 | 22.7% | 4.7% | ||
| Q1 24 | 22.6% | -4.3% |
每股收益（稀释后）GABCRMAX
| Q4 25 | $0.98 | — | ||
| Q3 25 | $0.94 | — | ||
| Q2 25 | $0.84 | — | ||
| Q1 25 | $0.30 | — | ||
| Q4 24 | $0.79 | — | ||
| Q3 24 | $0.71 | — | ||
| Q2 24 | $0.69 | — | ||
| Q1 24 | $0.64 | — |
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 | — | $118.7M |
| 总债务越低越好 | $100.0M | $432.2M |
| 股东权益账面价值 | $1.2B | $452.4M |
| 总资产 | $8.4B | $582.5M |
| 负债/权益比越低杠杆越低 | 0.09× | 0.96× |
8季度趋势，按日历期对齐
现金及短期投资GABCRMAX
| Q4 25 | — | $118.7M | ||
| Q3 25 | — | $107.5M | ||
| Q2 25 | — | $94.3M | ||
| Q1 25 | — | $89.1M | ||
| Q4 24 | — | $96.6M | ||
| Q3 24 | — | $83.8M | ||
| Q2 24 | — | $66.1M | ||
| Q1 24 | — | $82.1M |
总债务GABCRMAX
| Q4 25 | $100.0M | $432.2M | ||
| Q3 25 | — | $433.3M | ||
| Q2 25 | — | $434.4M | ||
| Q1 25 | — | $435.3M | ||
| Q4 24 | $114.6M | $436.2M | ||
| Q3 24 | — | $437.2M | ||
| Q2 24 | — | $438.1M | ||
| Q1 24 | — | $439.0M |
股东权益GABCRMAX
| Q4 25 | $1.2B | $452.4M | ||
| Q3 25 | $1.1B | $448.1M | ||
| Q2 25 | $1.1B | $442.4M | ||
| Q1 25 | $1.0B | $433.5M | ||
| Q4 24 | $715.1M | $429.5M | ||
| Q3 24 | $744.6M | $423.1M | ||
| Q2 24 | $687.8M | $418.4M | ||
| Q1 24 | $655.3M | $412.0M |
总资产GABCRMAX
| Q4 25 | $8.4B | $582.5M | ||
| Q3 25 | $8.4B | $582.2M | ||
| Q2 25 | $8.3B | $574.8M | ||
| Q1 25 | $8.4B | $571.4M | ||
| Q4 24 | $6.3B | $581.6M | ||
| Q3 24 | $6.3B | $578.6M | ||
| Q2 24 | $6.2B | $571.4M | ||
| Q1 24 | $6.1B | $566.7M |
负债/权益比GABCRMAX
| Q4 25 | 0.09× | 0.96× | ||
| Q3 25 | — | 0.97× | ||
| Q2 25 | — | 0.98× | ||
| Q1 25 | — | 1.00× | ||
| Q4 24 | 0.16× | 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 | $159.3M | $40.9M |
| 自由现金流经营现金流 - 资本支出 | $154.0M | $33.5M |
| 自由现金流率自由现金流/营收 | 121.6% | 47.1% |
| 资本支出强度资本支出/营收 | 4.2% | 10.4% |
| 现金转化率经营现金流/净利润 | 4.46× | 28.39× |
| 过去12个月自由现金流最近4个季度 | $267.0M | $56.8M |
8季度趋势，按日历期对齐
经营现金流GABCRMAX
| Q4 25 | $159.3M | $40.9M | ||
| Q3 25 | $51.8M | $17.7M | ||
| Q2 25 | $26.9M | $4.6M | ||
| Q1 25 | $37.9M | $5.7M | ||
| Q4 24 | $95.8M | $59.7M | ||
| Q3 24 | $24.5M | $17.6M | ||
| Q2 24 | $18.7M | $15.9M | ||
| Q1 24 | $23.9M | $9.4M |
自由现金流GABCRMAX
| Q4 25 | $154.0M | $33.5M | ||
| Q3 25 | $50.1M | $16.4M | ||
| Q2 25 | $26.2M | $2.9M | ||
| Q1 25 | $36.7M | $4.0M | ||
| Q4 24 | $90.7M | $53.0M | ||
| Q3 24 | $23.0M | $16.3M | ||
| Q2 24 | $17.0M | $14.0M | ||
| Q1 24 | $22.6M | $6.8M |
自由现金流率GABCRMAX
| Q4 25 | 121.6% | 47.1% | ||
| Q3 25 | 39.6% | 22.4% | ||
| Q2 25 | 21.2% | 4.0% | ||
| Q1 25 | 33.0% | 5.3% | ||
| Q4 24 | 100.1% | 73.2% | ||
| Q3 24 | 26.0% | 20.8% | ||
| Q2 24 | 18.8% | 17.8% | ||
| Q1 24 | 26.9% | 8.6% |
资本支出强度GABCRMAX
| Q4 25 | 4.2% | 10.4% | ||
| Q3 25 | 1.3% | 1.8% | ||
| Q2 25 | 0.6% | 2.2% | ||
| Q1 25 | 1.1% | 2.3% | ||
| Q4 24 | 5.6% | 9.1% | ||
| Q3 24 | 1.7% | 1.7% | ||
| Q2 24 | 1.8% | 2.4% | ||
| Q1 24 | 1.5% | 3.3% |
现金转化率GABCRMAX
| Q4 25 | 4.46× | 28.39× | ||
| Q3 25 | 1.48× | 4.45× | ||
| Q2 25 | 0.86× | 0.97× | ||
| Q1 25 | 3.61× | — | ||
| Q4 24 | 4.13× | 10.28× | ||
| Q3 24 | 1.16× | 18.22× | ||
| Q2 24 | 0.91× | 4.29× | ||
| Q1 24 | 1.25× | — |
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
GABC
暂无分部数据
RMAX
| Franchising Segment | $50.1M | 70% |
| Broker Fees | $13.9M | 20% |
| Annual Dues | $7.4M | 10% |
