Re/Max Holdings Inc
NYSE:RMAX
Income Statement
Earnings Waterfall
Re/Max Holdings Inc
Income Statement
Re/Max Holdings Inc
| Jun-2012 | Sep-2012 | Dec-2012 | Mar-2013 | Jun-2013 | Sep-2013 | Dec-2013 | Mar-2014 | Jun-2014 | Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | Mar-2024 | Jun-2024 | Sep-2024 | Dec-2024 | Mar-2025 | Jun-2025 | Sep-2025 | Dec-2025 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Interest Expense |
12
|
12
|
12
|
9
|
10
|
12
|
15
|
11
|
10
|
7
|
9
|
10
|
10
|
10
|
10
|
10
|
10
|
9
|
9
|
9
|
9
|
10
|
10
|
10
|
11
|
12
|
12
|
12
|
12
|
13
|
12
|
12
|
11
|
10
|
9
|
9
|
9
|
10
|
11
|
13
|
15
|
17
|
21
|
25
|
30
|
34
|
36
|
37
|
37
|
37
|
36
|
35
|
34
|
33
|
32
|
|
| Revenue |
140
N/A
|
142
+2%
|
144
+1%
|
148
+3%
|
152
+3%
|
154
+1%
|
159
+3%
|
162
+2%
|
165
+2%
|
169
+2%
|
171
+1%
|
173
+1%
|
175
+1%
|
176
+0%
|
177
+0%
|
176
-1%
|
175
-1%
|
175
+0%
|
176
+0%
|
180
+3%
|
185
+3%
|
189
+2%
|
194
+3%
|
199
+3%
|
205
+3%
|
210
+3%
|
213
+1%
|
231
+9%
|
248
+7%
|
265
+7%
|
282
+7%
|
281
0%
|
262
-7%
|
262
0%
|
266
+2%
|
268
+1%
|
293
+9%
|
313
+7%
|
330
+5%
|
348
+6%
|
363
+4%
|
361
-1%
|
353
-2%
|
348
-2%
|
338
-3%
|
330
-2%
|
326
-1%
|
319
-2%
|
315
-1%
|
312
-1%
|
308
-1%
|
304
-1%
|
298
-2%
|
293
-2%
|
292
0%
|
|
| Operating Income | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Operating Expenses |
(98)
|
(98)
|
(97)
|
(99)
|
(102)
|
(105)
|
(111)
|
(111)
|
(109)
|
(107)
|
(107)
|
(107)
|
(107)
|
(107)
|
(107)
|
(105)
|
(104)
|
(104)
|
(104)
|
(110)
|
(113)
|
(125)
|
(128)
|
(134)
|
(141)
|
(138)
|
(140)
|
(159)
|
(175)
|
(190)
|
(213)
|
(214)
|
(208)
|
(212)
|
(220)
|
(238)
|
(258)
|
(281)
|
(294)
|
(305)
|
(314)
|
(312)
|
(299)
|
(298)
|
(295)
|
(286)
|
(288)
|
(332)
|
(325)
|
(286)
|
(261)
|
(256)
|
(252)
|
(246)
|
(245)
|
|
| Selling, General & Administrative |
(84)
|
(85)
|
(84)
|
(87)
|
(89)
|
(91)
|
(96)
|
(96)
|
(93)
|
(91)
|
(92)
|
(92)
|
(92)
|
(92)
|
(92)
|
(90)
|
(89)
|
(89)
|
(88)
|
(91)
|
(93)
|
(104)
|
(107)
|
(115)
|
(122)
|
(118)
|
(120)
|
(138)
|
(154)
|
(169)
|
(192)
|
(191)
|
(185)
|
(188)
|
(193)
|
(203)
|
(223)
|
(252)
|
(262)
|
(271)
|
(278)
|
(276)
|
(264)
|
(263)
|
(261)
|
(252)
|
(255)
|
(251)
|
(244)
|
(237)
|
(231)
|
(227)
|
(225)
|
(219)
|
(220)
|
|
| Depreciation & Amortization |
(14)
|
(13)
|
(12)
|
(12)
|
(13)
|
(14)
|
(15)
|
(15)
|
(15)
|
(16)
|
(15)
|
(15)
|
(15)
|
(15)
|
(15)
|
(15)
|
(15)
|
(15)
|
(16)
|
(18)
|
(20)
|
(20)
|
(21)
|
(19)
|
(19)
|
(20)
|
(20)
|
(21)
|
(22)
|
(22)
|
(22)
|
(23)
|
(23)
|
(24)
|
(26)
|
(27)
|
(27)
|
(29)
|
(31)
|
(34)
|
(36)
|
(36)
|
(36)
|
(35)
|
(34)
|
(33)
|
(32)
|
(32)
|
(32)
|
(31)
|
(30)
|
(28)
|
(27)
|
(27)
|
(26)
|
|
| Other Operating Expenses |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(8)
|
(8)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(48)
|
(48)
|
(18)
|
0
|
0
|
0
|
0
|
0
|
|
| Operating Income |
42
N/A
|
44
+7%
|
47
+6%
|
49
+3%
|
50
+2%
|
49
-1%
|
48
-3%
|
51
+7%
|
56
+11%
|
62
+10%
|
64
+4%
|
66
+4%
|
68
+3%
|
69
+1%
|
70
+2%
|
71
+1%
|
71
0%
|
71
+1%
|
72
+1%
|
70
-2%
|
73
+3%
|
64
-11%
|
66
+3%
|
65
-2%
|
63
-3%
|
72
+14%
|
72
N/A
|
72
-1%
|
73
+2%
|
75
+2%
|
69
-8%
|
68
-2%
|
55
-19%
|
50
-9%
|
47
-7%
|
31
-34%
|
35
+15%
|
32
-8%
|
36
+12%
|
44
+21%
|
50
+13%
|
49
-1%
|
54
+10%
|
50
-8%
|
43
-13%
|
45
+3%
|
38
-15%
|
(13)
N/A
|
(10)
+23%
|
26
N/A
|
47
+79%
|
48
+3%
|
46
-5%
|
47
+2%
|
46
-2%
|
|
| Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Interest Income Expense |
(11)
|
(10)
|
(10)
|
(11)
|
(11)
|
(14)
|
(14)
|
(14)
|
(12)
|
(10)
|
(10)
|
(11)
|
(11)
|
(11)
|
(11)
|
(9)
|
(9)
|
(9)
|
(9)
|
(9)
|
(9)
|
(9)
|
(10)
|
(10)
|
(11)
|
(11)
|
(12)
|
(12)
|
(11)
|
(11)
|
(11)
|
(11)
|
(10)
|
(9)
|
(9)
|
(8)
|
(9)
|
(10)
|
(12)
|
(13)
|
(15)
|
(17)
|
(20)
|
(24)
|
(27)
|
(30)
|
(31)
|
(32)
|
(33)
|
(34)
|
(34)
|
(32)
|
(31)
|
(30)
|
(27)
|
|
| Non-Reccuring Items |
(0)
|
(0)
|
(2)
|
(2)
|
(2)
|
(4)
|
(2)
|
(2)
|
(2)
|
(1)
|
(0)
|
(0)
|
1
|
1
|
3
|
3
|
3
|
3
|
(1)
|
(1)
|
(1)
|
(1)
|
32
|
32
|
32
|
33
|
6
|
6
|
6
|
6
|
0
|
0
|
0
|
(8)
|
(8)
|
0
|
0
|
(46)
|
(46)
|
(50)
|
(53)
|
(9)
|
(16)
|
(12)
|
(10)
|
(37)
|
(48)
|
0
|
0
|
0
|
(7)
|
(7)
|
(7)
|
(5)
|
1
|
|
| Pre-Tax Income |
30
N/A
|
34
+14%
|
36
+5%
|
36
+2%
|
37
+1%
|
32
-13%
|
31
-3%
|
35
+12%
|
42
+22%
|
51
+21%
|
54
+5%
|
56
+3%
|
57
+3%
|
59
+2%
|
63
+7%
|
65
+4%
|
64
-2%
|
65
+1%
|
62
-4%
|
61
-2%
|
63
+3%
|
54
-14%
|
89
+65%
|
87
-2%
|
85
-3%
|
94
+10%
|
67
-29%
|
66
-1%
|
67
+2%
|
69
+3%
|
58
-16%
|
57
-2%
|
45
-22%
|
33
-26%
|
30
-10%
|
22
-25%
|
26
+19%
|
(24)
N/A
|
(22)
+7%
|
(20)
+11%
|
(18)
+9%
|
23
N/A
|
18
-22%
|
14
-24%
|
6
-53%
|
(22)
N/A
|
(42)
-88%
|
(45)
-9%
|
(43)
+4%
|
(7)
+83%
|
6
N/A
|
9
+44%
|
8
-9%
|
12
+53%
|
20
+57%
|
|
| Net Income | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Tax Provision |
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(3)
|
(4)
|
(7)
|
(9)
|
(10)
|
(10)
|
(11)
|
(11)
|
(12)
|
(13)
|
(14)
|
(15)
|
(15)
|
(15)
|
(15)
|
(14)
|
(58)
|
(56)
|
(55)
|
(55)
|
(16)
|
(16)
|
(17)
|
(17)
|
(11)
|
(13)
|
(10)
|
(9)
|
(9)
|
(5)
|
(5)
|
(4)
|
(3)
|
(4)
|
(6)
|
(5)
|
(7)
|
(7)
|
(6)
|
(60)
|
(57)
|
(58)
|
(57)
|
(7)
|
2
|
2
|
3
|
3
|
(6)
|
|
| Income from Continuing Operations |
28
|
32
|
33
|
34
|
34
|
30
|
28
|
31
|
36
|
42
|
44
|
45
|
47
|
48
|
51
|
52
|
50
|
49
|
47
|
46
|
47
|
40
|
31
|
31
|
30
|
38
|
50
|
49
|
51
|
53
|
47
|
44
|
34
|
24
|
21
|
17
|
21
|
(28)
|
(25)
|
(23)
|
(24)
|
18
|
11
|
7
|
0
|
(82)
|
(98)
|
(103)
|
(100)
|
(14)
|
8
|
10
|
11
|
15
|
13
|
|
| Income to Minority Interest |
0
|
0
|
(33)
|
(5)
|
(15)
|
(23)
|
(27)
|
(27)
|
(27)
|
(29)
|
(31)
|
(32)
|
(33)
|
(33)
|
(34)
|
(33)
|
(30)
|
(27)
|
(25)
|
(24)
|
(25)
|
(21)
|
(21)
|
(21)
|
(19)
|
(23)
|
(23)
|
(23)
|
(23)
|
(24)
|
(22)
|
(21)
|
(16)
|
(11)
|
(9)
|
(7)
|
(10)
|
11
|
9
|
8
|
9
|
(7)
|
(5)
|
(3)
|
0
|
22
|
29
|
32
|
30
|
5
|
(1)
|
(2)
|
(1)
|
(2)
|
(5)
|
|
| Net Income (Common) |
21
N/A
|
19
-8%
|
0
N/A
|
(5)
N/A
|
(7)
-54%
|
(14)
-95%
|
2
N/A
|
4
+161%
|
8
+112%
|
13
+52%
|
13
+7%
|
14
+3%
|
14
+4%
|
15
+4%
|
16
+10%
|
19
+14%
|
20
+10%
|
22
+10%
|
22
-1%
|
22
-2%
|
22
+3%
|
19
-14%
|
10
-48%
|
11
+4%
|
11
+2%
|
15
+41%
|
27
+79%
|
27
-2%
|
27
+3%
|
29
+4%
|
25
-11%
|
24
-7%
|
19
-21%
|
13
-30%
|
11
-13%
|
10
-13%
|
11
+17%
|
(17)
N/A
|
(16)
+10%
|
(15)
+2%
|
(15)
+4%
|
11
N/A
|
6
-42%
|
4
-35%
|
0
-96%
|
(59)
N/A
|
(69)
-16%
|
(72)
-4%
|
(70)
+2%
|
(10)
+86%
|
7
N/A
|
9
+20%
|
9
+12%
|
13
+32%
|
8
-35%
|
|
| EPS (Diluted) |
2.05
N/A
|
1.88
-8%
|
0
N/A
|
-0.46
N/A
|
-0.7
-52%
|
-1.35
-93%
|
0.12
N/A
|
0.32
+167%
|
0.68
+113%
|
1.03
+51%
|
1.1
+7%
|
1.12
+2%
|
1.16
+4%
|
1.2
+3%
|
1.28
+7%
|
1.05
-18%
|
1.14
+9%
|
1.27
+11%
|
1.26
-1%
|
1.23
-2%
|
1.27
+3%
|
1.1
-13%
|
0.57
-48%
|
0.59
+4%
|
0.6
+2%
|
0.85
+42%
|
1.53
+80%
|
1.5
-2%
|
1.55
+3%
|
1.6
+3%
|
1.41
-12%
|
1.31
-7%
|
0.99
-24%
|
0.72
-27%
|
0.61
-15%
|
0.53
-13%
|
0.61
+15%
|
-0.93
N/A
|
-0.84
+10%
|
-0.81
+4%
|
-0.79
+2%
|
0.56
N/A
|
0.32
-43%
|
0.22
-31%
|
0.01
-95%
|
-3.28
N/A
|
-3.81
-16%
|
-3.87
-2%
|
-3.68
+5%
|
-0.49
+87%
|
0.37
N/A
|
0.43
+16%
|
0.47
+9%
|
0.61
+30%
|
0.4
-34%
|
|