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OPAL Fuels Inc.（OPAL）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
OPAL Fuels Inc.的季度营收约是RE/MAX Holdings, Inc.的1.2倍（$88.4M vs $71.1M），OPAL Fuels Inc.净利率更高（18.3% vs 2.0%，领先16.3%），OPAL Fuels Inc.同比增速更快（18.7% vs -1.8%），RE/MAX Holdings, Inc.自由现金流更多（$33.5M vs $-13.4M），过去两年OPAL Fuels Inc.的营收复合增速更高（17.6% vs -4.7%）
OPAL Fuels Inc.是一家北美能源企业，专注于生产和分销低碳可再生天然气（RNG）。公司从垃圾填埋场、奶牛场等有机废物流中收集甲烷，产出的可再生天然气主要供应给重型运输车队、商业物流运营商及公共交通实体，助力降低碳排放。
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。
OPAL vs RMAX — 直观对比
营收规模更大
OPAL
是对方的1.2倍
$71.1M
营收增速更快
OPAL
高出20.6%
-1.8%
净利率更高
OPAL
高出16.3%
2.0%
自由现金流更多
RMAX
多$46.9M
$-13.4M
两年增速更快
OPAL
近两年复合增速
-4.7%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $88.4M | $71.1M |
| 净利润 | $16.2M | $1.4M |
| 毛利率 | — | — |
| 营业利润率 | 7.5% | 13.1% |
| 净利率 | 18.3% | 2.0% |
| 营收同比 | 18.7% | -1.8% |
| 净利润同比 | 401.5% | -75.2% |
| 每股收益（稀释后） | $0.08 | — |
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OPALRMAX
| Q4 25 | $88.4M | $71.1M | ||
| Q3 25 | $77.9M | $73.2M | ||
| Q2 25 | $77.4M | $72.8M | ||
| Q1 25 | $83.0M | $74.5M | ||
| Q4 24 | $74.5M | $72.5M | ||
| Q3 24 | $82.6M | $78.5M | ||
| Q2 24 | $69.8M | $78.5M | ||
| Q1 24 | $64.0M | $78.3M |
净利润OPALRMAX
| Q4 25 | $16.2M | $1.4M | ||
| Q3 25 | $11.4M | $4.0M | ||
| Q2 25 | $7.6M | $4.7M | ||
| Q1 25 | $1.3M | $-2.0M | ||
| Q4 24 | $-5.4M | $5.8M | ||
| Q3 24 | $17.1M | $966.0K | ||
| Q2 24 | $1.9M | $3.7M | ||
| Q1 24 | $677.0K | $-3.4M |
营业利润率OPALRMAX
| Q4 25 | 7.5% | 13.1% | ||
| Q3 25 | 4.6% | 25.0% | ||
| Q2 25 | -1.1% | 19.3% | ||
| Q1 25 | -2.3% | 7.2% | ||
| Q4 24 | -0.5% | 5.9% | ||
| Q3 24 | 14.9% | 19.4% | ||
| Q2 24 | 8.1% | 20.6% | ||
| Q1 24 | 5.6% | 5.8% |
净利率OPALRMAX
| Q4 25 | 18.3% | 2.0% | ||
| Q3 25 | 14.6% | 5.4% | ||
| Q2 25 | 9.8% | 6.4% | ||
| Q1 25 | 1.5% | -2.6% | ||
| Q4 24 | -7.2% | 8.0% | ||
| Q3 24 | 20.7% | 1.2% | ||
| Q2 24 | 2.7% | 4.7% | ||
| Q1 24 | 1.1% | -4.3% |
每股收益（稀释后）OPALRMAX
| Q4 25 | $0.08 | — | ||
| Q3 25 | $0.05 | — | ||
| Q2 25 | $0.03 | — | ||
| Q1 25 | $-0.01 | — | ||
| Q4 24 | $-0.05 | — | ||
| Q3 24 | $0.09 | — | ||
| Q2 24 | $-0.01 | — | ||
| Q1 24 | $-0.01 | — |
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 | $24.4M | $118.7M |
| 总债务越低越好 | $361.3M | $432.2M |
| 股东权益账面价值 | $-12.9M | $452.4M |
| 总资产 | $959.5M | $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OPALRMAX
| Q4 25 | $24.4M | $118.7M | ||
| Q3 25 | $29.9M | $107.5M | ||
| Q2 25 | $29.3M | $94.3M | ||
| Q1 25 | $40.1M | $89.1M | ||
| Q4 24 | $24.3M | $96.6M | ||
| Q3 24 | $31.0M | $83.8M | ||
| Q2 24 | $27.6M | $66.1M | ||
| Q1 24 | $34.2M | $82.1M |
总债务OPALRMAX
| Q4 25 | $361.3M | $432.2M | ||
| Q3 25 | $351.2M | $433.3M | ||
| Q2 25 | $331.6M | $434.4M | ||
| Q1 25 | $307.0M | $435.3M | ||
| Q4 24 | $307.5M | $436.2M | ||
| Q3 24 | $252.9M | $437.2M | ||
| Q2 24 | $233.3M | $438.1M | ||
| Q1 24 | $208.7M | $439.0M |
股东权益OPALRMAX
| Q4 25 | $-12.9M | $452.4M | ||
| Q3 25 | $7.5M | $448.1M | ||
| Q2 25 | $-25.0M | $442.4M | ||
| Q1 25 | $57.1M | $433.5M | ||
| Q4 24 | $-148.4M | $429.5M | ||
| Q3 24 | $-180.1M | $423.1M | ||
| Q2 24 | $-273.0M | $418.4M | ||
| Q1 24 | $-382.4M | $412.0M |
总资产OPALRMAX
| Q4 25 | $959.5M | $582.5M | ||
| Q3 25 | $916.7M | $582.2M | ||
| Q2 25 | $905.5M | $574.8M | ||
| Q1 25 | $884.9M | $571.4M | ||
| Q4 24 | $881.1M | $581.6M | ||
| Q3 24 | $831.1M | $578.6M | ||
| Q2 24 | $782.3M | $571.4M | ||
| Q1 24 | $750.5M | $566.7M |
负债/权益比OPALRMAX
| Q4 25 | — | 0.96× | ||
| Q3 25 | 46.95× | 0.97× | ||
| Q2 25 | — | 0.98× | ||
| Q1 25 | 5.38× | 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 | $-3.5M | $40.9M |
| 自由现金流经营现金流 - 资本支出 | $-13.4M | $33.5M |
| 自由现金流率自由现金流/营收 | -15.1% | 47.1% |
| 资本支出强度资本支出/营收 | 11.1% | 10.4% |
| 现金转化率经营现金流/净利润 | -0.22× | 28.39× |
| 过去12个月自由现金流最近4个季度 | $-34.2M | $56.8M |
8季度趋势，按日历期对齐
经营现金流OPALRMAX
| Q4 25 | $-3.5M | $40.9M | ||
| Q3 25 | $18.2M | $17.7M | ||
| Q2 25 | $-7.9M | $4.6M | ||
| Q1 25 | $29.7M | $5.7M | ||
| Q4 24 | $-532.0K | $59.7M | ||
| Q3 24 | $17.7M | $17.6M | ||
| Q2 24 | $533.0K | $15.9M | ||
| Q1 24 | $13.7M | $9.4M |
自由现金流OPALRMAX
| Q4 25 | $-13.4M | $33.5M | ||
| Q3 25 | $-9.3M | $16.4M | ||
| Q2 25 | $-29.7M | $2.9M | ||
| Q1 25 | $18.1M | $4.0M | ||
| Q4 24 | $-55.0M | $53.0M | ||
| Q3 24 | $-5.4M | $16.3M | ||
| Q2 24 | $-22.5M | $14.0M | ||
| Q1 24 | $-13.0M | $6.8M |
自由现金流率OPALRMAX
| Q4 25 | -15.1% | 47.1% | ||
| Q3 25 | -11.9% | 22.4% | ||
| Q2 25 | -38.4% | 4.0% | ||
| Q1 25 | 21.8% | 5.3% | ||
| Q4 24 | -73.8% | 73.2% | ||
| Q3 24 | -6.5% | 20.8% | ||
| Q2 24 | -32.2% | 17.8% | ||
| Q1 24 | -20.4% | 8.6% |
资本支出强度OPALRMAX
| Q4 25 | 11.1% | 10.4% | ||
| Q3 25 | 35.3% | 1.8% | ||
| Q2 25 | 28.2% | 2.2% | ||
| Q1 25 | 13.9% | 2.3% | ||
| Q4 24 | 73.1% | 9.1% | ||
| Q3 24 | 27.9% | 1.7% | ||
| Q2 24 | 32.9% | 2.4% | ||
| Q1 24 | 41.8% | 3.3% |
现金转化率OPALRMAX
| Q4 25 | -0.22× | 28.39× | ||
| Q3 25 | 1.60× | 4.45× | ||
| Q2 25 | -1.04× | 0.97× | ||
| Q1 25 | 23.11× | — | ||
| Q4 24 | — | 10.28× | ||
| Q3 24 | 1.03× | 18.22× | ||
| Q2 24 | 0.28× | 4.29× | ||
| Q1 24 | 20.26× | — |
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
OPAL
| Fuel Station Services Segment | $65.1M | 74% |
| Related Party | $12.1M | 14% |
| Renewable Power Segment | $8.6M | 10% |
| Other | $2.6M | 3% |
RMAX
| Franchising Segment | $50.1M | 70% |
| Broker Fees | $13.9M | 20% |
| Annual Dues | $7.4M | 10% |
