vs
Green Plains Inc.（GPRE）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Green Plains Inc.的1.7倍（$71.1M vs $42.2M），Green Plains Inc.净利率更高（28.3% vs 2.0%，领先26.3%），Green Plains Inc.同比增速更快（2.4% vs -1.8%），Green Plains Inc.自由现金流更多（$62.0M vs $33.5M），过去两年Green Plains Inc.的营收复合增速更高（0.8% vs -4.7%）
绿原公司（Green Plains Inc.）2004年成立，总部位于美国内布拉斯加州奥马哈市，是北美第三大乙醇燃料生产商，年乙醇运输量约10亿加仑，现有员工约640人，目前在纳斯达克上市，股票代码GPRE。
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。
GPRE vs RMAX — 直观对比
营收规模更大
RMAX
是对方的1.7倍
$42.2M
营收增速更快
GPRE
高出4.2%
-1.8%
净利率更高
GPRE
高出26.3%
2.0%
自由现金流更多
GPRE
多$28.5M
$33.5M
两年增速更快
GPRE
近两年复合增速
-4.7%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $42.2M | $71.1M |
| 净利润 | $11.9M | $1.4M |
| 毛利率 | 95.1% | — |
| 营业利润率 | -24.9% | 13.1% |
| 净利率 | 28.3% | 2.0% |
| 营收同比 | 2.4% | -1.8% |
| 净利润同比 | 121.7% | -75.2% |
| 每股收益（稀释后） | $0.26 | — |
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GPRERMAX
| Q4 25 | $42.2M | $71.1M | ||
| Q3 25 | $44.7M | $73.2M | ||
| Q2 25 | $66.2M | $72.8M | ||
| Q1 25 | $35.8M | $74.5M | ||
| Q4 24 | $41.2M | $72.5M | ||
| Q3 24 | $39.1M | $78.5M | ||
| Q2 24 | $41.1M | $78.5M | ||
| Q1 24 | $41.6M | $78.3M |
净利润GPRERMAX
| Q4 25 | $11.9M | $1.4M | ||
| Q3 25 | $11.9M | $4.0M | ||
| Q2 25 | $-72.2M | $4.7M | ||
| Q1 25 | $-72.9M | $-2.0M | ||
| Q4 24 | $-54.9M | $5.8M | ||
| Q3 24 | $48.2M | $966.0K | ||
| Q2 24 | $-24.4M | $3.7M | ||
| Q1 24 | $-51.4M | $-3.4M |
毛利率GPRERMAX
| Q4 25 | 95.1% | — | ||
| Q3 25 | — | — | ||
| Q2 25 | 62.8% | — | ||
| Q1 25 | 8.5% | — | ||
| Q4 24 | 14.9% | — | ||
| Q3 24 | — | — | ||
| Q2 24 | 92.0% | — | ||
| Q1 24 | 20.1% | — |
营业利润率GPRERMAX
| Q4 25 | -24.9% | 13.1% | ||
| Q3 25 | 75.7% | 25.0% | ||
| Q2 25 | -42.9% | 19.3% | ||
| Q1 25 | -173.7% | 7.2% | ||
| Q4 24 | -99.2% | 5.9% | ||
| Q3 24 | — | 19.4% | ||
| Q2 24 | -43.1% | 20.6% | ||
| Q1 24 | -108.0% | 5.8% |
净利率GPRERMAX
| Q4 25 | 28.3% | 2.0% | ||
| Q3 25 | 26.7% | 5.4% | ||
| Q2 25 | -109.1% | 6.4% | ||
| Q1 25 | -203.4% | -2.6% | ||
| Q4 24 | -133.2% | 8.0% | ||
| Q3 24 | 123.4% | 1.2% | ||
| Q2 24 | -59.2% | 4.7% | ||
| Q1 24 | -123.7% | -4.3% |
每股收益（稀释后）GPRERMAX
| Q4 25 | $0.26 | — | ||
| Q3 25 | $0.17 | — | ||
| Q2 25 | $-1.09 | — | ||
| Q1 25 | $-1.14 | — | ||
| Q4 24 | $-0.79 | — | ||
| Q3 24 | $0.69 | — | ||
| Q2 24 | $-0.38 | — | ||
| Q1 24 | $-0.81 | — |
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 | $182.3M | $118.7M |
| 总债务越低越好 | $374.5M | $432.2M |
| 股东权益账面价值 | $766.2M | $452.4M |
| 总资产 | $1.6B | $582.5M |
| 负债/权益比越低杠杆越低 | 0.49× | 0.96× |
8季度趋势，按日历期对齐
现金及短期投资GPRERMAX
| Q4 25 | $182.3M | $118.7M | ||
| Q3 25 | $135.9M | $107.5M | ||
| Q2 25 | $108.6M | $94.3M | ||
| Q1 25 | $98.6M | $89.1M | ||
| Q4 24 | $173.0M | $96.6M | ||
| Q3 24 | $227.5M | $83.8M | ||
| Q2 24 | $195.6M | $66.1M | ||
| Q1 24 | $237.3M | $82.1M |
总债务GPRERMAX
| Q4 25 | $374.5M | $432.2M | ||
| Q3 25 | — | $433.3M | ||
| Q2 25 | — | $434.4M | ||
| Q1 25 | — | $435.3M | ||
| Q4 24 | $437.8M | $436.2M | ||
| Q3 24 | — | $437.2M | ||
| Q2 24 | — | $438.1M | ||
| Q1 24 | — | $439.0M |
股东权益GPRERMAX
| Q4 25 | $766.2M | $452.4M | ||
| Q3 25 | $768.9M | $448.1M | ||
| Q2 25 | $735.2M | $442.4M | ||
| Q1 25 | $797.5M | $433.5M | ||
| Q4 24 | $865.2M | $429.5M | ||
| Q3 24 | $925.5M | $423.1M | ||
| Q2 24 | $867.4M | $418.4M | ||
| Q1 24 | $887.5M | $412.0M |
总资产GPRERMAX
| Q4 25 | $1.6B | $582.5M | ||
| Q3 25 | $1.5B | $582.2M | ||
| Q2 25 | $1.6B | $574.8M | ||
| Q1 25 | $1.7B | $571.4M | ||
| Q4 24 | $1.8B | $581.6M | ||
| Q3 24 | $1.8B | $578.6M | ||
| Q2 24 | $1.8B | $571.4M | ||
| Q1 24 | $1.8B | $566.7M |
负债/权益比GPRERMAX
| Q4 25 | 0.49× | 0.96× | ||
| Q3 25 | — | 0.97× | ||
| Q2 25 | — | 0.98× | ||
| Q1 25 | — | 1.00× | ||
| Q4 24 | 0.51× | 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 | $67.3M | $40.9M |
| 自由现金流经营现金流 - 资本支出 | $62.0M | $33.5M |
| 自由现金流率自由现金流/营收 | 146.9% | 47.1% |
| 资本支出强度资本支出/营收 | 12.6% | 10.4% |
| 现金转化率经营现金流/净利润 | 5.64× | 28.39× |
| 过去12个月自由现金流最近4个季度 | $73.7M | $56.8M |
8季度趋势，按日历期对齐
经营现金流GPRERMAX
| Q4 25 | $67.3M | $40.9M | ||
| Q3 25 | $39.8M | $17.7M | ||
| Q2 25 | $58.8M | $4.6M | ||
| Q1 25 | $-55.0M | $5.7M | ||
| Q4 24 | $-27.0M | $59.7M | ||
| Q3 24 | $62.7M | $17.6M | ||
| Q2 24 | $-15.1M | $15.9M | ||
| Q1 24 | $-50.6M | $9.4M |
自由现金流GPRERMAX
| Q4 25 | $62.0M | $33.5M | ||
| Q3 25 | $35.8M | $16.4M | ||
| Q2 25 | $47.7M | $2.9M | ||
| Q1 25 | $-71.8M | $4.0M | ||
| Q4 24 | $-54.2M | $53.0M | ||
| Q3 24 | $34.4M | $16.3M | ||
| Q2 24 | $-32.8M | $14.0M | ||
| Q1 24 | $-72.4M | $6.8M |
自由现金流率GPRERMAX
| Q4 25 | 146.9% | 47.1% | ||
| Q3 25 | 79.9% | 22.4% | ||
| Q2 25 | 72.0% | 4.0% | ||
| Q1 25 | -200.2% | 5.3% | ||
| Q4 24 | -131.5% | 73.2% | ||
| Q3 24 | 88.0% | 20.8% | ||
| Q2 24 | -79.8% | 17.8% | ||
| Q1 24 | -174.2% | 8.6% |
资本支出强度GPRERMAX
| Q4 25 | 12.6% | 10.4% | ||
| Q3 25 | 9.0% | 1.8% | ||
| Q2 25 | 16.8% | 2.2% | ||
| Q1 25 | 46.6% | 2.3% | ||
| Q4 24 | 66.1% | 9.1% | ||
| Q3 24 | 72.6% | 1.7% | ||
| Q2 24 | 43.0% | 2.4% | ||
| Q1 24 | 52.4% | 3.3% |
现金转化率GPRERMAX
| Q4 25 | 5.64× | 28.39× | ||
| Q3 25 | 3.33× | 4.45× | ||
| Q2 25 | — | 0.97× | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 10.28× | ||
| Q3 24 | 1.30× | 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
GPRE
| Products And Services Other | $26.6M | 63% |
| Distiller Grains | $15.0M | 36% |
| Agribusiness And Energy Services | $667.0K | 2% |
RMAX
| Franchising Segment | $50.1M | 70% |
| Broker Fees | $13.9M | 20% |
| Annual Dues | $7.4M | 10% |
