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MP Materials Corp.（MP）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MP Materials Corp.的1.4倍（$71.1M vs $52.7M），MP Materials Corp.净利率更高（17.9% vs 2.0%，领先15.9%），RE/MAX Holdings, Inc.同比增速更快（-1.8% vs -13.6%），RE/MAX Holdings, Inc.自由现金流更多（$33.5M vs $-109.3M），过去两年MP Materials Corp.的营收复合增速更高（4.0% vs -4.7%）
MP Materials Corp.是总部位于美国的稀土材料生产商，拥有并运营加利福尼亚州芒廷帕斯矿，这是西半球唯一在产的稀土开采及加工设施，所产核心材料可广泛应用于电动汽车、风力发电机、国防工业等多个关键领域。
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。
MP vs RMAX — 直观对比
营收规模更大
RMAX
是对方的1.4倍
$52.7M
营收增速更快
RMAX
高出11.8%
-13.6%
净利率更高
MP
高出15.9%
2.0%
自由现金流更多
RMAX
多$142.8M
$-109.3M
两年增速更快
MP
近两年复合增速
-4.7%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $52.7M | $71.1M |
| 净利润 | $9.4M | $1.4M |
| 毛利率 | — | — |
| 营业利润率 | -7.0% | 13.1% |
| 净利率 | 17.9% | 2.0% |
| 营收同比 | -13.6% | -1.8% |
| 净利润同比 | 142.2% | -75.2% |
| 每股收益（稀释后） | $0.07 | — |
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MPRMAX
| Q4 25 | $52.7M | $71.1M | ||
| Q3 25 | $53.6M | $73.2M | ||
| Q2 25 | $57.4M | $72.8M | ||
| Q1 25 | $60.8M | $74.5M | ||
| Q4 24 | $61.0M | $72.5M | ||
| Q3 24 | $62.9M | $78.5M | ||
| Q2 24 | $31.3M | $78.5M | ||
| Q1 24 | $48.7M | $78.3M |
净利润MPRMAX
| Q4 25 | $9.4M | $1.4M | ||
| Q3 25 | $-41.8M | $4.0M | ||
| Q2 25 | $-30.9M | $4.7M | ||
| Q1 25 | $-22.6M | $-2.0M | ||
| Q4 24 | $-22.3M | $5.8M | ||
| Q3 24 | $-25.5M | $966.0K | ||
| Q2 24 | $-34.1M | $3.7M | ||
| Q1 24 | $16.5M | $-3.4M |
营业利润率MPRMAX
| Q4 25 | -7.0% | 13.1% | ||
| Q3 25 | -125.2% | 25.0% | ||
| Q2 25 | -76.5% | 19.3% | ||
| Q1 25 | -57.2% | 7.2% | ||
| Q4 24 | -72.1% | 5.9% | ||
| Q3 24 | -62.8% | 19.4% | ||
| Q2 24 | -171.1% | 20.6% | ||
| Q1 24 | -66.6% | 5.8% |
净利率MPRMAX
| Q4 25 | 17.9% | 2.0% | ||
| Q3 25 | -78.0% | 5.4% | ||
| Q2 25 | -53.8% | 6.4% | ||
| Q1 25 | -37.2% | -2.6% | ||
| Q4 24 | -36.6% | 8.0% | ||
| Q3 24 | -40.5% | 1.2% | ||
| Q2 24 | -108.9% | 4.7% | ||
| Q1 24 | 33.9% | -4.3% |
每股收益（稀释后）MPRMAX
| Q4 25 | $0.07 | — | ||
| Q3 25 | $-0.24 | — | ||
| Q2 25 | $-0.19 | — | ||
| Q1 25 | $-0.14 | — | ||
| Q4 24 | $-0.12 | — | ||
| Q3 24 | $-0.16 | — | ||
| Q2 24 | $-0.21 | — | ||
| Q1 24 | $-0.08 | — |
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 | $1.2B | $118.7M |
| 总债务越低越好 | $998.7M | $432.2M |
| 股东权益账面价值 | $2.0B | $452.4M |
| 总资产 | $3.9B | $582.5M |
| 负债/权益比越低杠杆越低 | 0.50× | 0.96× |
8季度趋势，按日历期对齐
现金及短期投资MPRMAX
| Q4 25 | $1.2B | $118.7M | ||
| Q3 25 | $1.1B | $107.5M | ||
| Q2 25 | $261.5M | $94.3M | ||
| Q1 25 | $198.3M | $89.1M | ||
| Q4 24 | $282.4M | $96.6M | ||
| Q3 24 | $284.4M | $83.8M | ||
| Q2 24 | $295.6M | $66.1M | ||
| Q1 24 | $296.5M | $82.1M |
总债务MPRMAX
| Q4 25 | $998.7M | $432.2M | ||
| Q3 25 | $997.3M | $433.3M | ||
| Q2 25 | $910.8M | $434.4M | ||
| Q1 25 | $909.8M | $435.3M | ||
| Q4 24 | $908.7M | $436.2M | ||
| Q3 24 | — | $437.2M | ||
| Q2 24 | — | $438.1M | ||
| Q1 24 | — | $439.0M |
股东权益MPRMAX
| Q4 25 | $2.0B | $452.4M | ||
| Q3 25 | $2.0B | $448.1M | ||
| Q2 25 | $1.0B | $442.4M | ||
| Q1 25 | $1.0B | $433.5M | ||
| Q4 24 | $1.1B | $429.5M | ||
| Q3 24 | $1.1B | $423.1M | ||
| Q2 24 | $1.1B | $418.4M | ||
| Q1 24 | $1.1B | $412.0M |
总资产MPRMAX
| Q4 25 | $3.9B | $582.5M | ||
| Q3 25 | $3.8B | $582.2M | ||
| Q2 25 | $2.3B | $574.8M | ||
| Q1 25 | $2.4B | $571.4M | ||
| Q4 24 | $2.3B | $581.6M | ||
| Q3 24 | $2.3B | $578.6M | ||
| Q2 24 | $2.4B | $571.4M | ||
| Q1 24 | $2.4B | $566.7M |
负债/权益比MPRMAX
| Q4 25 | 0.50× | 0.96× | ||
| Q3 25 | 0.51× | 0.97× | ||
| Q2 25 | 0.90× | 0.98× | ||
| Q1 25 | 0.88× | 1.00× | ||
| Q4 24 | 0.86× | 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 | $-46.9M | $40.9M |
| 自由现金流经营现金流 - 资本支出 | $-109.3M | $33.5M |
| 自由现金流率自由现金流/营收 | -207.4% | 47.1% |
| 资本支出强度资本支出/营收 | 118.5% | 10.4% |
| 现金转化率经营现金流/净利润 | -4.97× | 28.39× |
| 过去12个月自由现金流最近4个季度 | $-328.1M | $56.8M |
8季度趋势，按日历期对齐
经营现金流MPRMAX
| Q4 25 | $-46.9M | $40.9M | ||
| Q3 25 | $-42.0M | $17.7M | ||
| Q2 25 | $-3.7M | $4.6M | ||
| Q1 25 | $-63.2M | $5.7M | ||
| Q4 24 | $30.5M | $59.7M | ||
| Q3 24 | $-6.8M | $17.6M | ||
| Q2 24 | $30.8M | $15.9M | ||
| Q1 24 | $-41.1M | $9.4M |
自由现金流MPRMAX
| Q4 25 | $-109.3M | $33.5M | ||
| Q3 25 | $-92.5M | $16.4M | ||
| Q2 25 | $-32.7M | $2.9M | ||
| Q1 25 | $-93.7M | $4.0M | ||
| Q4 24 | $-11.2M | $53.0M | ||
| Q3 24 | $-53.3M | $16.3M | ||
| Q2 24 | $-15.6M | $14.0M | ||
| Q1 24 | $-93.0M | $6.8M |
自由现金流率MPRMAX
| Q4 25 | -207.4% | 47.1% | ||
| Q3 25 | -172.8% | 22.4% | ||
| Q2 25 | -56.9% | 4.0% | ||
| Q1 25 | -154.0% | 5.3% | ||
| Q4 24 | -18.3% | 73.2% | ||
| Q3 24 | -84.7% | 20.8% | ||
| Q2 24 | -50.1% | 17.8% | ||
| Q1 24 | -191.0% | 8.6% |
资本支出强度MPRMAX
| Q4 25 | 118.5% | 10.4% | ||
| Q3 25 | 94.3% | 1.8% | ||
| Q2 25 | 50.5% | 2.2% | ||
| Q1 25 | 50.1% | 2.3% | ||
| Q4 24 | 68.3% | 9.1% | ||
| Q3 24 | 73.8% | 1.7% | ||
| Q2 24 | 148.7% | 2.4% | ||
| Q1 24 | 106.5% | 3.3% |
现金转化率MPRMAX
| Q4 25 | -4.97× | 28.39× | ||
| Q3 25 | — | 4.45× | ||
| Q2 25 | — | 0.97× | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 10.28× | ||
| Q3 24 | — | 18.22× | ||
| Q2 24 | — | 4.29× | ||
| Q1 24 | -2.49× | — |
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
MP
| Materials Segment | $35.6M | 68% |
| Other | $17.1M | 32% |
RMAX
| Franchising Segment | $50.1M | 70% |
| Broker Fees | $13.9M | 20% |
| Annual Dues | $7.4M | 10% |
