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Perimeter Solutions, Inc.（PRM）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
Perimeter Solutions, Inc.的季度营收约是RE/MAX Holdings, Inc.的1.4倍（$102.8M vs $71.1M），RE/MAX Holdings, Inc.净利率更高（2.0% vs -136.5%，领先138.5%），Perimeter Solutions, Inc.同比增速更快（19.2% vs -1.8%），RE/MAX Holdings, Inc.自由现金流更多（$33.5M vs $11.6M），过去两年Perimeter Solutions, Inc.的营收复合增速更高（31.9% vs -4.7%）
Perimeter Solutions是一家以色列云与网络安全企业，专为各类机构打造基于零信任架构的安全远程网络方案，其技术可替代VPN、防火墙等传统安全硬件设备，助力企业简化网络安全部署，提升远程访问的安全性与效率。
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。
PRM vs RMAX — 直观对比
营收规模更大
PRM
是对方的1.4倍
$71.1M
营收增速更快
PRM
高出21.0%
-1.8%
净利率更高
RMAX
高出138.5%
-136.5%
自由现金流更多
RMAX
多$21.9M
$11.6M
两年增速更快
PRM
近两年复合增速
-4.7%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $102.8M | $71.1M |
| 净利润 | $-140.2M | $1.4M |
| 毛利率 | 45.2% | — |
| 营业利润率 | -160.7% | 13.1% |
| 净利率 | -136.5% | 2.0% |
| 营收同比 | 19.2% | -1.8% |
| 净利润同比 | -197.3% | -75.2% |
| 每股收益（稀释后） | $-0.89 | — |
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PRMRMAX
| Q4 25 | $102.8M | $71.1M | ||
| Q3 25 | $315.4M | $73.2M | ||
| Q2 25 | $162.6M | $72.8M | ||
| Q1 25 | $72.0M | $74.5M | ||
| Q4 24 | $86.2M | $72.5M | ||
| Q3 24 | $288.4M | $78.5M | ||
| Q2 24 | $127.3M | $78.5M | ||
| Q1 24 | $59.0M | $78.3M |
净利润PRMRMAX
| Q4 25 | $-140.2M | $1.4M | ||
| Q3 25 | $-90.7M | $4.0M | ||
| Q2 25 | $-32.2M | $4.7M | ||
| Q1 25 | $56.7M | $-2.0M | ||
| Q4 24 | $144.2M | $5.8M | ||
| Q3 24 | $-89.2M | $966.0K | ||
| Q2 24 | $21.6M | $3.7M | ||
| Q1 24 | $-82.6M | $-3.4M |
毛利率PRMRMAX
| Q4 25 | 45.2% | — | ||
| Q3 25 | 63.1% | — | ||
| Q2 25 | 62.4% | — | ||
| Q1 25 | 39.1% | — | ||
| Q4 24 | 48.6% | — | ||
| Q3 24 | 62.8% | — | ||
| Q2 24 | 57.6% | — | ||
| Q1 24 | 35.1% | — |
营业利润率PRMRMAX
| Q4 25 | -160.7% | 13.1% | ||
| Q3 25 | -27.7% | 25.0% | ||
| Q2 25 | -16.1% | 19.3% | ||
| Q1 25 | — | 7.2% | ||
| Q4 24 | 71.1% | 5.9% | ||
| Q3 24 | -12.2% | 19.4% | ||
| Q2 24 | 35.4% | 20.6% | ||
| Q1 24 | -126.8% | 5.8% |
净利率PRMRMAX
| Q4 25 | -136.5% | 2.0% | ||
| Q3 25 | -28.7% | 5.4% | ||
| Q2 25 | -19.8% | 6.4% | ||
| Q1 25 | 78.7% | -2.6% | ||
| Q4 24 | 167.2% | 8.0% | ||
| Q3 24 | -30.9% | 1.2% | ||
| Q2 24 | 17.0% | 4.7% | ||
| Q1 24 | -139.8% | -4.3% |
每股收益（稀释后）PRMRMAX
| Q4 25 | $-0.89 | — | ||
| Q3 25 | $-0.62 | — | ||
| Q2 25 | $-0.22 | — | ||
| Q1 25 | $0.36 | — | ||
| Q4 24 | $1.00 | — | ||
| Q3 24 | $-0.61 | — | ||
| Q2 24 | $0.14 | — | ||
| Q1 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 | $325.9M | $118.7M |
| 总债务越低越好 | $669.1M | $432.2M |
| 股东权益账面价值 | $1.1B | $452.4M |
| 总资产 | $2.7B | $582.5M |
| 负债/权益比越低杠杆越低 | 0.59× | 0.96× |
8季度趋势，按日历期对齐
现金及短期投资PRMRMAX
| Q4 25 | $325.9M | $118.7M | ||
| Q3 25 | $340.6M | $107.5M | ||
| Q2 25 | $140.7M | $94.3M | ||
| Q1 25 | $200.1M | $89.1M | ||
| Q4 24 | $198.5M | $96.6M | ||
| Q3 24 | $223.1M | $83.8M | ||
| Q2 24 | $43.2M | $66.1M | ||
| Q1 24 | $38.7M | $82.1M |
总债务PRMRMAX
| Q4 25 | $669.1M | $432.2M | ||
| Q3 25 | $668.8M | $433.3M | ||
| Q2 25 | $668.4M | $434.4M | ||
| Q1 25 | $668.1M | $435.3M | ||
| Q4 24 | $667.8M | $436.2M | ||
| Q3 24 | $667.4M | $437.2M | ||
| Q2 24 | $667.1M | $438.1M | ||
| Q1 24 | $666.8M | $439.0M |
股东权益PRMRMAX
| Q4 25 | $1.1B | $452.4M | ||
| Q3 25 | $1.1B | $448.1M | ||
| Q2 25 | $1.2B | $442.4M | ||
| Q1 25 | $1.2B | $433.5M | ||
| Q4 24 | $1.2B | $429.5M | ||
| Q3 24 | $1.0B | $423.1M | ||
| Q2 24 | $1.1B | $418.4M | ||
| Q1 24 | $1.1B | $412.0M |
总资产PRMRMAX
| Q4 25 | $2.7B | $582.5M | ||
| Q3 25 | $2.6B | $582.2M | ||
| Q2 25 | $2.5B | $574.8M | ||
| Q1 25 | $2.4B | $571.4M | ||
| Q4 24 | $2.4B | $581.6M | ||
| Q3 24 | $2.5B | $578.6M | ||
| Q2 24 | $2.3B | $571.4M | ||
| Q1 24 | $2.3B | $566.7M |
负债/权益比PRMRMAX
| Q4 25 | 0.59× | 0.96× | ||
| Q3 25 | 0.60× | 0.97× | ||
| Q2 25 | 0.57× | 0.98× | ||
| Q1 25 | 0.55× | 1.00× | ||
| Q4 24 | 0.58× | 1.02× | ||
| Q3 24 | 0.67× | 1.03× | ||
| Q2 24 | 0.62× | 1.05× | ||
| Q1 24 | 0.63× | 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 | $18.6M | $40.9M |
| 自由现金流经营现金流 - 资本支出 | $11.6M | $33.5M |
| 自由现金流率自由现金流/营收 | 11.3% | 47.1% |
| 资本支出强度资本支出/营收 | 6.8% | 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 | $208.6M | $56.8M |
8季度趋势，按日历期对齐
经营现金流PRMRMAX
| Q4 25 | $18.6M | $40.9M | ||
| Q3 25 | $198.7M | $17.7M | ||
| Q2 25 | $-2.9M | $4.6M | ||
| Q1 25 | $23.7M | $5.7M | ||
| Q4 24 | $-6.0M | $59.7M | ||
| Q3 24 | $183.0M | $17.6M | ||
| Q2 24 | $8.6M | $15.9M | ||
| Q1 24 | $2.8M | $9.4M |
自由现金流PRMRMAX
| Q4 25 | $11.6M | $33.5M | ||
| Q3 25 | $193.6M | $16.4M | ||
| Q2 25 | $-15.6M | $2.9M | ||
| Q1 25 | $18.9M | $4.0M | ||
| Q4 24 | $-12.4M | $53.0M | ||
| Q3 24 | $179.1M | $16.3M | ||
| Q2 24 | $5.0M | $14.0M | ||
| Q1 24 | $1.2M | $6.8M |
自由现金流率PRMRMAX
| Q4 25 | 11.3% | 47.1% | ||
| Q3 25 | 61.4% | 22.4% | ||
| Q2 25 | -9.6% | 4.0% | ||
| Q1 25 | 26.3% | 5.3% | ||
| Q4 24 | -14.4% | 73.2% | ||
| Q3 24 | 62.1% | 20.8% | ||
| Q2 24 | 3.9% | 17.8% | ||
| Q1 24 | 2.1% | 8.6% |
资本支出强度PRMRMAX
| Q4 25 | 6.8% | 10.4% | ||
| Q3 25 | 1.6% | 1.8% | ||
| Q2 25 | 7.8% | 2.2% | ||
| Q1 25 | 6.7% | 2.3% | ||
| Q4 24 | 7.5% | 9.1% | ||
| Q3 24 | 1.3% | 1.7% | ||
| Q2 24 | 2.9% | 2.4% | ||
| Q1 24 | 2.6% | 3.3% |
现金转化率PRMRMAX
| Q4 25 | — | 28.39× | ||
| Q3 25 | — | 4.45× | ||
| Q2 25 | — | 0.97× | ||
| Q1 25 | 0.42× | — | ||
| Q4 24 | -0.04× | 10.28× | ||
| Q3 24 | — | 18.22× | ||
| Q2 24 | 0.40× | 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
PRM
| Products | $87.7M | 85% |
| Service And Other | $14.8M | 14% |
RMAX
| Franchising Segment | $50.1M | 70% |
| Broker Fees | $13.9M | 20% |
| Annual Dues | $7.4M | 10% |
