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NATURAL GAS SERVICES GROUP INC（NGS）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NATURAL GAS SERVICES GROUP INC的1.5倍（$71.1M vs $46.1M），NATURAL GAS SERVICES GROUP INC净利率更高（8.9% vs 2.0%，领先6.9%），NATURAL GAS SERVICES GROUP INC同比增速更快（13.5% vs -1.8%），RE/MAX Holdings, Inc.自由现金流更多（$33.5M vs $-20.7M）
南方公司燃气（原AGL资源）是入选财富美国500强的美国能源服务控股公司，总部位于佐治亚州亚特兰大。公司业务涵盖天然气分销、批发服务、零售业务及中游运营，是美国规模最大的天然气分销企业之一，通过旗下受监管分销子公司，为全美四个州约450万公用事业客户提供服务。
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。
NGS vs RMAX — 直观对比
营收规模更大
RMAX
是对方的1.5倍
$46.1M
营收增速更快
NGS
高出15.3%
-1.8%
净利率更高
NGS
高出6.9%
2.0%
自由现金流更多
RMAX
多$54.2M
$-20.7M
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $46.1M | $71.1M |
| 净利润 | $4.1M | $1.4M |
| 毛利率 | — | — |
| 营业利润率 | 15.4% | 13.1% |
| 净利率 | 8.9% | 2.0% |
| 营收同比 | 13.5% | -1.8% |
| 净利润同比 | 43.2% | -75.2% |
| 每股收益（稀释后） | $0.32 | — |
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NGSRMAX
| Q4 25 | $46.1M | $71.1M | ||
| Q3 25 | $43.4M | $73.2M | ||
| Q2 25 | $41.4M | $72.8M | ||
| Q1 25 | $41.4M | $74.5M | ||
| Q4 24 | $40.7M | $72.5M | ||
| Q3 24 | — | $78.5M | ||
| Q2 24 | — | $78.5M | ||
| Q1 24 | — | $78.3M |
净利润NGSRMAX
| Q4 25 | $4.1M | $1.4M | ||
| Q3 25 | $5.8M | $4.0M | ||
| Q2 25 | $5.2M | $4.7M | ||
| Q1 25 | $4.9M | $-2.0M | ||
| Q4 24 | $2.9M | $5.8M | ||
| Q3 24 | — | $966.0K | ||
| Q2 24 | — | $3.7M | ||
| Q1 24 | — | $-3.4M |
营业利润率NGSRMAX
| Q4 25 | 15.4% | 13.1% | ||
| Q3 25 | 24.8% | 25.0% | ||
| Q2 25 | 24.0% | 19.3% | ||
| Q1 25 | 23.0% | 7.2% | ||
| Q4 24 | 14.9% | 5.9% | ||
| Q3 24 | — | 19.4% | ||
| Q2 24 | — | 20.6% | ||
| Q1 24 | — | 5.8% |
净利率NGSRMAX
| Q4 25 | 8.9% | 2.0% | ||
| Q3 25 | 13.3% | 5.4% | ||
| Q2 25 | 12.5% | 6.4% | ||
| Q1 25 | 11.7% | -2.6% | ||
| Q4 24 | 7.0% | 8.0% | ||
| Q3 24 | — | 1.2% | ||
| Q2 24 | — | 4.7% | ||
| Q1 24 | — | -4.3% |
每股收益（稀释后）NGSRMAX
| Q4 25 | $0.32 | — | ||
| Q3 25 | $0.46 | — | ||
| Q2 25 | $0.41 | — | ||
| Q1 25 | $0.38 | — | ||
| Q4 24 | $0.22 | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
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 | — | $432.2M |
| 股东权益账面价值 | $274.7M | $452.4M |
| 总资产 | $586.8M | $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NGSRMAX
| Q4 25 | — | $118.7M | ||
| Q3 25 | — | $107.5M | ||
| Q2 25 | $325.0K | $94.3M | ||
| Q1 25 | $2.1M | $89.1M | ||
| Q4 24 | $2.1M | $96.6M | ||
| Q3 24 | — | $83.8M | ||
| Q2 24 | — | $66.1M | ||
| Q1 24 | — | $82.1M |
总债务NGSRMAX
| 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NGSRMAX
| Q4 25 | $274.7M | $452.4M | ||
| Q3 25 | $271.4M | $448.1M | ||
| Q2 25 | $266.2M | $442.4M | ||
| Q1 25 | $260.3M | $433.5M | ||
| Q4 24 | $255.1M | $429.5M | ||
| Q3 24 | — | $423.1M | ||
| Q2 24 | — | $418.4M | ||
| Q1 24 | — | $412.0M |
总资产NGSRMAX
| Q4 25 | $586.8M | $582.5M | ||
| Q3 25 | $562.3M | $582.2M | ||
| Q2 25 | $525.5M | $574.8M | ||
| Q1 25 | $501.7M | $571.4M | ||
| Q4 24 | $492.5M | $581.6M | ||
| Q3 24 | — | $578.6M | ||
| Q2 24 | — | $571.4M | ||
| Q1 24 | — | $566.7M |
负债/权益比NGSRMAX
| 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 | $13.9M | $40.9M |
| 自由现金流经营现金流 - 资本支出 | $-20.7M | $33.5M |
| 自由现金流率自由现金流/营收 | -44.8% | 47.1% |
| 资本支出强度资本支出/营收 | 74.9% | 10.4% |
| 现金转化率经营现金流/净利润 | 3.38× | 28.39× |
| 过去12个月自由现金流最近4个季度 | $-58.6M | $56.8M |
8季度趋势，按日历期对齐
经营现金流NGSRMAX
| Q4 25 | $13.9M | $40.9M | ||
| Q3 25 | $16.8M | $17.7M | ||
| Q2 25 | $11.0M | $4.6M | ||
| Q1 25 | $21.3M | $5.7M | ||
| Q4 24 | $9.4M | $59.7M | ||
| Q3 24 | — | $17.6M | ||
| Q2 24 | — | $15.9M | ||
| Q1 24 | — | $9.4M |
自由现金流NGSRMAX
| Q4 25 | $-20.7M | $33.5M | ||
| Q3 25 | $-25.1M | $16.4M | ||
| Q2 25 | $-14.8M | $2.9M | ||
| Q1 25 | $2.0M | $4.0M | ||
| Q4 24 | $-5.1M | $53.0M | ||
| Q3 24 | — | $16.3M | ||
| Q2 24 | — | $14.0M | ||
| Q1 24 | — | $6.8M |
自由现金流率NGSRMAX
| Q4 25 | -44.8% | 47.1% | ||
| Q3 25 | -57.7% | 22.4% | ||
| Q2 25 | -35.8% | 4.0% | ||
| Q1 25 | 4.9% | 5.3% | ||
| Q4 24 | -12.6% | 73.2% | ||
| Q3 24 | — | 20.8% | ||
| Q2 24 | — | 17.8% | ||
| Q1 24 | — | 8.6% |
资本支出强度NGSRMAX
| Q4 25 | 74.9% | 10.4% | ||
| Q3 25 | 96.5% | 1.8% | ||
| Q2 25 | 62.4% | 2.2% | ||
| Q1 25 | 46.5% | 2.3% | ||
| Q4 24 | 35.8% | 9.1% | ||
| Q3 24 | — | 1.7% | ||
| Q2 24 | — | 2.4% | ||
| Q1 24 | — | 3.3% |
现金转化率NGSRMAX
| Q4 25 | 3.38× | 28.39× | ||
| Q3 25 | 2.90× | 4.45× | ||
| Q2 25 | 2.12× | 0.97× | ||
| Q1 25 | 4.38× | — | ||
| Q4 24 | 3.29× | 10.28× | ||
| Q3 24 | — | 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
NGS
暂无分部数据
RMAX
| Franchising Segment | $50.1M | 70% |
| Broker Fees | $13.9M | 20% |
| Annual Dues | $7.4M | 10% |
