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RE/MAX Holdings RMAX Mortgage — Operating Lease Expense

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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 us-gaap:OperatingLeaseExpense.

The official record: RE/MAX Holdings’s 10-Q, filed May 8, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is RE/MAX Holdings's mortgage — operating lease expense?
RE/MAX Holdings (RMAX) reported mortgage — operating lease expense of $108K in Q1 2026.
How has RE/MAX Holdings's mortgage — operating lease expense changed year-over-year?
RE/MAX Holdings's mortgage — operating lease expense decreased by 7.7% year-over-year, from $117K to $108K.
What is the long-term trend for RE/MAX Holdings's mortgage — operating lease expense?
Over 3 years (2022 to 2025), RE/MAX Holdings's mortgage — operating lease expense has grown at a 3.6% compound annual growth rate (CAGR), from $408K to $454K.
What does mortgage — operating lease expense mean?
This represents the periodic rental costs incurred for office space or equipment used by the mortgage segment under operating lease agreements. It reflects the fixed overhead burden required to maintain the segment's physical operational footprint.