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RESOURCES CONNECTION, INC.（RGP）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
RESOURCES CONNECTION, INC.的季度营收约是RE/MAX Holdings, Inc.的1.7倍（$117.7M vs $71.1M），RE/MAX Holdings, Inc.净利率更高（2.0% vs -10.8%，领先12.8%），RE/MAX Holdings, Inc.同比增速更快（-1.8% vs -19.2%），RE/MAX Holdings, Inc.自由现金流更多（$33.5M vs $15.6M），过去两年RE/MAX Holdings, Inc.的营收复合增速更高（-4.7% vs -11.8%）
RGP原名 Resources Global Professionals，是 Resources Connection, Inc. 的核心运营主体，面向全球客户提供多领域专业咨询服务，覆盖财务会计、信息管理、治理风险合规、人力资本、法务监管、企业咨询与重组、战略传播以及供应链管理等板块。
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。
RGP vs RMAX — 直观对比
营收规模更大
RGP
是对方的1.7倍
$71.1M
营收增速更快
RMAX
高出17.3%
-19.2%
净利率更高
RMAX
高出12.8%
-10.8%
自由现金流更多
RMAX
多$17.9M
$15.6M
两年增速更快
RMAX
近两年复合增速
-11.8%
损益表 — Q2 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $117.7M | $71.1M |
| 净利润 | $-12.7M | $1.4M |
| 毛利率 | 37.1% | — |
| 营业利润率 | -10.3% | 13.1% |
| 净利率 | -10.8% | 2.0% |
| 营收同比 | -19.2% | -1.8% |
| 净利润同比 | 81.6% | -75.2% |
| 每股收益（稀释后） | $-0.38 | — |
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RGPRMAX
| Q4 25 | $117.7M | $71.1M | ||
| Q3 25 | $120.2M | $73.2M | ||
| Q2 25 | $139.3M | $72.8M | ||
| Q1 25 | $129.4M | $74.5M | ||
| Q4 24 | $145.6M | $72.5M | ||
| Q3 24 | $136.9M | $78.5M | ||
| Q2 24 | $148.2M | $78.5M | ||
| Q1 24 | $151.3M | $78.3M |
净利润RGPRMAX
| Q4 25 | $-12.7M | $1.4M | ||
| Q3 25 | $-2.4M | $4.0M | ||
| Q2 25 | $-73.3M | $4.7M | ||
| Q1 25 | $-44.1M | $-2.0M | ||
| Q4 24 | $-68.7M | $5.8M | ||
| Q3 24 | $-5.7M | $966.0K | ||
| Q2 24 | $10.5M | $3.7M | ||
| Q1 24 | $2.5M | $-3.4M |
毛利率RGPRMAX
| Q4 25 | 37.1% | — | ||
| Q3 25 | 39.5% | — | ||
| Q2 25 | 40.2% | — | ||
| Q1 25 | 35.1% | — | ||
| Q4 24 | 38.5% | — | ||
| Q3 24 | 36.5% | — | ||
| Q2 24 | 40.2% | — | ||
| Q1 24 | 37.0% | — |
营业利润率RGPRMAX
| Q4 25 | -10.3% | 13.1% | ||
| Q3 25 | -1.7% | 25.0% | ||
| Q2 25 | -47.0% | 19.3% | ||
| Q1 25 | -38.4% | 7.2% | ||
| Q4 24 | -52.7% | 5.9% | ||
| Q3 24 | -3.5% | 19.4% | ||
| Q2 24 | 7.6% | 20.6% | ||
| Q1 24 | 2.8% | 5.8% |
净利率RGPRMAX
| Q4 25 | -10.8% | 2.0% | ||
| Q3 25 | -2.0% | 5.4% | ||
| Q2 25 | -52.6% | 6.4% | ||
| Q1 25 | -34.0% | -2.6% | ||
| Q4 24 | -47.2% | 8.0% | ||
| Q3 24 | -4.2% | 1.2% | ||
| Q2 24 | 7.1% | 4.7% | ||
| Q1 24 | 1.7% | -4.3% |
每股收益（稀释后）RGPRMAX
| Q4 25 | $-0.38 | — | ||
| Q3 25 | $-0.07 | — | ||
| Q2 25 | $-2.21 | — | ||
| Q1 25 | $-1.34 | — | ||
| Q4 24 | $-2.08 | — | ||
| Q3 24 | $-0.17 | — | ||
| Q2 24 | $0.31 | — | ||
| 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 | $89.8M | $118.7M |
| 总债务越低越好 | — | $432.2M |
| 股东权益账面价值 | $194.6M | $452.4M |
| 总资产 | $289.3M | $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RGPRMAX
| Q4 25 | $89.8M | $118.7M | ||
| Q3 25 | $77.5M | $107.5M | ||
| Q2 25 | $86.1M | $94.3M | ||
| Q1 25 | $72.5M | $89.1M | ||
| Q4 24 | $78.2M | $96.6M | ||
| Q3 24 | $89.6M | $83.8M | ||
| Q2 24 | $108.9M | $66.1M | ||
| Q1 24 | $113.8M | $82.1M |
总债务RGPRMAX
| 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RGPRMAX
| Q4 25 | $194.6M | $452.4M | ||
| Q3 25 | $206.4M | $448.1M | ||
| Q2 25 | $207.1M | $442.4M | ||
| Q1 25 | $277.8M | $433.5M | ||
| Q4 24 | $325.7M | $429.5M | ||
| Q3 24 | $407.2M | $423.1M | ||
| Q2 24 | $418.8M | $418.4M | ||
| Q1 24 | $414.9M | $412.0M |
总资产RGPRMAX
| Q4 25 | $289.3M | $582.5M | ||
| Q3 25 | $287.2M | $582.2M | ||
| Q2 25 | $304.7M | $574.8M | ||
| Q1 25 | $375.6M | $571.4M | ||
| Q4 24 | $424.9M | $581.6M | ||
| Q3 24 | $512.9M | $578.6M | ||
| Q2 24 | $510.9M | $571.4M | ||
| Q1 24 | $523.2M | $566.7M |
负债/权益比RGPRMAX
| 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 | $15.9M | $40.9M |
| 自由现金流经营现金流 - 资本支出 | $15.6M | $33.5M |
| 自由现金流率自由现金流/营收 | 13.2% | 47.1% |
| 资本支出强度资本支出/营收 | 0.3% | 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 | $24.3M | $56.8M |
8季度趋势，按日历期对齐
经营现金流RGPRMAX
| Q4 25 | $15.9M | $40.9M | ||
| Q3 25 | $-7.8M | $17.7M | ||
| Q2 25 | $16.8M | $4.6M | ||
| Q1 25 | $659.0K | $5.7M | ||
| Q4 24 | $1.8M | $59.7M | ||
| Q3 24 | $-309.0K | $17.6M | ||
| Q2 24 | $3.2M | $15.9M | ||
| Q1 24 | $20.5M | $9.4M |
自由现金流RGPRMAX
| Q4 25 | $15.6M | $33.5M | ||
| Q3 25 | $-8.0M | $16.4M | ||
| Q2 25 | $16.5M | $2.9M | ||
| Q1 25 | $238.0K | $4.0M | ||
| Q4 24 | $61.0K | $53.0M | ||
| Q3 24 | $-575.0K | $16.3M | ||
| Q2 24 | $3.0M | $14.0M | ||
| Q1 24 | $20.4M | $6.8M |
自由现金流率RGPRMAX
| Q4 25 | 13.2% | 47.1% | ||
| Q3 25 | -6.6% | 22.4% | ||
| Q2 25 | 11.8% | 4.0% | ||
| Q1 25 | 0.2% | 5.3% | ||
| Q4 24 | 0.0% | 73.2% | ||
| Q3 24 | -0.4% | 20.8% | ||
| Q2 24 | 2.1% | 17.8% | ||
| Q1 24 | 13.5% | 8.6% |
资本支出强度RGPRMAX
| Q4 25 | 0.3% | 10.4% | ||
| Q3 25 | 0.1% | 1.8% | ||
| Q2 25 | 0.2% | 2.2% | ||
| Q1 25 | 0.3% | 2.3% | ||
| Q4 24 | 1.2% | 9.1% | ||
| Q3 24 | 0.2% | 1.7% | ||
| Q2 24 | 0.1% | 2.4% | ||
| Q1 24 | 0.1% | 3.3% |
现金转化率RGPRMAX
| Q4 25 | — | 28.39× | ||
| Q3 25 | — | 4.45× | ||
| Q2 25 | — | 0.97× | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 10.28× | ||
| Q3 24 | — | 18.22× | ||
| Q2 24 | 0.30× | 4.29× | ||
| Q1 24 | 8.04× | — |
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
RGP
| US | $93.7M | 80% |
| Non Us | $24.0M | 20% |
RMAX
| Franchising Segment | $50.1M | 70% |
| Broker Fees | $13.9M | 20% |
| Annual Dues | $7.4M | 10% |
