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HBT Financial, Inc.（HBT）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HBT Financial, Inc.的1.1倍（$71.1M vs $67.3M），HBT Financial, Inc.净利率更高（16.6% vs 2.0%，领先14.6%），过去两年HBT Financial, Inc.的营收复合增速更高（9.0% vs -4.7%）
HBT Financial, Inc.是总部位于美国伊利诺伊州的区域性银行控股公司，主要为运营区域内的社区居民、中小微企业提供各类零售及商业银行业务，涵盖存取款服务、消费及商业信贷、财富管理咨询、按揭贷款等金融产品。
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。
HBT vs RMAX — 直观对比
营收规模更大
RMAX
是对方的1.1倍
$67.3M
净利率更高
HBT
高出14.6%
2.0%
两年增速更快
HBT
近两年复合增速
-4.7%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $67.3M | $71.1M |
| 净利润 | $11.2M | $1.4M |
| 毛利率 | — | — |
| 营业利润率 | — | 13.1% |
| 净利率 | 16.6% | 2.0% |
| 营收同比 | — | -1.8% |
| 净利润同比 | -41.3% | -75.2% |
| 每股收益（稀释后） | $0.34 | — |
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HBTRMAX
| Q1 26 | $67.3M | — | ||
| Q4 25 | $60.4M | $71.1M | ||
| Q3 25 | $59.8M | $73.2M | ||
| Q2 25 | $58.8M | $72.8M | ||
| Q1 25 | $58.0M | $74.5M | ||
| Q4 24 | $59.0M | $72.5M | ||
| Q3 24 | $56.4M | $78.5M | ||
| Q2 24 | $56.6M | $78.5M |
净利润HBTRMAX
| Q1 26 | $11.2M | — | ||
| Q4 25 | — | $1.4M | ||
| Q3 25 | $19.8M | $4.0M | ||
| Q2 25 | $19.2M | $4.7M | ||
| Q1 25 | $19.1M | $-2.0M | ||
| Q4 24 | $20.3M | $5.8M | ||
| Q3 24 | $18.2M | $966.0K | ||
| Q2 24 | $18.1M | $3.7M |
营业利润率HBTRMAX
| Q1 26 | — | — | ||
| Q4 25 | 42.9% | 13.1% | ||
| Q3 25 | 44.7% | 25.0% | ||
| Q2 25 | 44.8% | 19.3% | ||
| Q1 25 | 44.0% | 7.2% | ||
| Q4 24 | 46.4% | 5.9% | ||
| Q3 24 | 43.4% | 19.4% | ||
| Q2 24 | 44.1% | 20.6% |
净利率HBTRMAX
| Q1 26 | 16.6% | — | ||
| Q4 25 | — | 2.0% | ||
| Q3 25 | 33.0% | 5.4% | ||
| Q2 25 | 32.7% | 6.4% | ||
| Q1 25 | 32.9% | -2.6% | ||
| Q4 24 | 42.8% | 8.0% | ||
| Q3 24 | 32.2% | 1.2% | ||
| Q2 24 | 31.9% | 4.7% |
每股收益（稀释后）HBTRMAX
| Q1 26 | $0.34 | — | ||
| Q4 25 | $0.60 | — | ||
| Q3 25 | $0.63 | — | ||
| Q2 25 | $0.61 | — | ||
| Q1 25 | $0.60 | — | ||
| Q4 24 | $0.64 | — | ||
| Q3 24 | $0.57 | — | ||
| Q2 24 | $0.57 | — |
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 | $287.7M | $118.7M |
| 总债务越低越好 | — | $432.2M |
| 股东权益账面价值 | $747.4M | $452.4M |
| 总资产 | $6.8B | $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HBTRMAX
| Q1 26 | $287.7M | — | ||
| Q4 25 | $122.3M | $118.7M | ||
| Q3 25 | $155.1M | $107.5M | ||
| Q2 25 | $195.7M | $94.3M | ||
| Q1 25 | $211.6M | $89.1M | ||
| Q4 24 | $137.7M | $96.6M | ||
| Q3 24 | $179.7M | $83.8M | ||
| Q2 24 | $195.2M | $66.1M |
总债务HBTRMAX
| Q1 26 | — | — | ||
| 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 |
股东权益HBTRMAX
| Q1 26 | $747.4M | — | ||
| Q4 25 | $615.5M | $452.4M | ||
| Q3 25 | $599.1M | $448.1M | ||
| Q2 25 | $580.9M | $442.4M | ||
| Q1 25 | $565.1M | $433.5M | ||
| Q4 24 | $544.6M | $429.5M | ||
| Q3 24 | $537.7M | $423.1M | ||
| Q2 24 | $509.5M | $418.4M |
总资产HBTRMAX
| Q1 26 | $6.8B | — | ||
| Q4 25 | $5.1B | $582.5M | ||
| Q3 25 | $5.0B | $582.2M | ||
| Q2 25 | $5.0B | $574.8M | ||
| Q1 25 | $5.1B | $571.4M | ||
| Q4 24 | $5.0B | $581.6M | ||
| Q3 24 | $5.0B | $578.6M | ||
| Q2 24 | $5.0B | $571.4M |
负债/权益比HBTRMAX
| Q1 26 | — | — | ||
| 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× |
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 | — | $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HBTRMAX
| Q1 26 | — | — | ||
| Q4 25 | $85.1M | $40.9M | ||
| Q3 25 | $17.2M | $17.7M | ||
| Q2 25 | $13.6M | $4.6M | ||
| Q1 25 | $30.4M | $5.7M | ||
| Q4 24 | $89.4M | $59.7M | ||
| Q3 24 | $25.5M | $17.6M | ||
| Q2 24 | $19.8M | $15.9M |
自由现金流HBTRMAX
| Q1 26 | — | — | ||
| 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 |
自由现金流率HBTRMAX
| Q1 26 | — | — | ||
| 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% |
资本支出强度HBTRMAX
| Q1 26 | — | — | ||
| 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% |
现金转化率HBTRMAX
| Q1 26 | — | — | ||
| Q4 25 | — | 28.39× | ||
| Q3 25 | 0.87× | 4.45× | ||
| Q2 25 | 0.70× | 0.97× | ||
| Q1 25 | 1.60× | — | ||
| Q4 24 | 4.41× | 10.28× | ||
| Q3 24 | 1.40× | 18.22× | ||
| Q2 24 | 1.10× | 4.29× |
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
HBT
| Net Interest Income | $56.4M | 84% |
| Noninterest Income | $10.9M | 16% |
RMAX
| Franchising Segment | $50.1M | 70% |
| Broker Fees | $13.9M | 20% |
| Annual Dues | $7.4M | 10% |
