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RE/MAX Holdings RMAX Change In Estimated Tax Receivable Agreement Liability

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Other financials

Income statement

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Revenue$70.2M-5.7%
Operating income-$7.8M-246%
Net income-$9.7M-397%
EPS (diluted)$0.30

Balance sheet

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Cash & equivalents$107.1M+20.2%
Total debt$456.9M-2.6%
Total equity$446.1M+2.9%
Total assets$572.3M+0.2%

Cash flow

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Operating cash flow-$1.8M-133%
CapEx$2.4M+43.2%
Free cash flow-$4.3M-207%

Valuation

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Market cap$236.11M+39.8%
Enterprise value$585.9M+8.4%
P/E41.8×+25.6×
P/S0.8×+0.3×

Profitability

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Operating margin11.8%-1.7pp
Net margin2%-1.2pp
FCF margin8.8%-7.7pp

Returns & leverage

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Return on equity1.3%-1.0pp
Debt / equity-0.1×
Current ratio1.6×+0.1×

Where this comes from

Reported directly by RE/MAX Holdings in its filing.

Tagged under the XBRL concept rmax:ChangeInEstimatedTaxReceivableAgreementLiability.

The official record: RE/MAX Holdings’s 10-K, filed February 19, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is RE/MAX Holdings's change in estimated tax receivable agreement liability?
RE/MAX Holdings (RMAX) reported change in estimated tax receivable agreement liability of $178.75K in Q4 2025.
How has RE/MAX Holdings's change in estimated tax receivable agreement liability changed year-over-year?
RE/MAX Holdings's change in estimated tax receivable agreement liability decreased by 41.3% year-over-year, from $304.75K to $178.75K.
What is the long-term trend for RE/MAX Holdings's change in estimated tax receivable agreement liability?
Over 3 years (2022 to 2025), RE/MAX Holdings's change in estimated tax receivable agreement liability has grown at a 0.6% compound annual growth rate (CAGR), from -$702K to $715K.
What does change in estimated tax receivable agreement liability mean?
Reflects adjustments to the estimated liability owed under a Tax Receivable Agreement (TRA), typically resulting from changes in tax laws or projected future tax savings. This metric tracks the company's obligation to pay out cash to pre-IPO shareholders based on realized tax benefits. Fluctuations indicate changes in the expected future cash outflows related to these specific contractual tax obligations.