RE/MAX Holdings (FRA:2RM) Debt-to-Equity: 1.02 (As of Mar. 2026) — 70% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

FRA:2RM RE/MAX Holdings Inc FRA:2RM
71 GF Score
Price €7.87
GF Value €6.71
Valuation Modestly Overvalued
! 3 Warning Signs
View Full Analysis

What is RE/MAX Holdings Debt-to-Equity?

RE/MAX Holdings FRA:2RM +0.90% 71 Debt-to-Equity is 1.02 as of Mar. 2026, which is 70% above its 10-year median of 0.60. GuruFocus rates FRA:2RM with a GF Score™ of 71/100 and a GF Value™ of €6.71 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 1,542 Real Estate companies, RE/MAX Holdings ranks worse than 61.87% on this metric.

RE/MAX Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was €12.2 Mil. RE/MAX Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was €383.1 Mil. RE/MAX Holdings's Total Stockholders Equity for the quarter that ended in Mar. 2026 was €385.9 Mil. RE/MAX Holdings's debt to equity for the quarter that ended in Mar. 2026 was 1.02.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for RE/MAX Holdings's Debt-to-Equity or its related term are showing as below:

FRA:2RM' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.4   Med: 0.6   Max: 1.18
Current: 1.02

During the past 13 years, the highest Debt-to-Equity Ratio of RE/MAX Holdings was 1.18. The lowest was 0.40. And the median was 0.60.

FRA:2RM's Debt-to-Equity is ranked worse than
61.87% of 1542 companies
in the Real Estate industry
Industry Median: 0.73 vs FRA:2RM: 1.02

RE/MAX Holdings  (FRA:2RM) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.


RE/MAX Holdings Debt-to-Equity Related Terms


RE/MAX Holdings Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for RE/MAX Holdings's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

RE/MAX Holdings Debt-to-Equity Chart

RE/MAX Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.99 1.03 1.18 1.10 1.02

RE/MAX Holdings Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.08 1.05 1.03 1.02 1.02

FRA:2RM vs NEN, ARL, DOUG: Debt-to-Equity Comparison

For the Real Estate Services subindustry, RE/MAX Holdings's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


RE/MAX Holdings Debt-to-Equity vs Real Estate Industry

For the Real Estate industry and Real Estate sector, RE/MAX Holdings's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where RE/MAX Holdings's Debt-to-Equity falls into.


FRA:2RM
71GF Score
RE/MAX Holdings Inc FRA:2RM
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

RE/MAX Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

RE/MAX Holdings's Debt to Equity Ratio for the fiscal year that ended in Dec. 2025 is calculated as

RE/MAX Holdings's Debt to Equity Ratio for the quarter that ended in Mar. 2026 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Debt-to-Equity →
What does a Debt-to-Equity of 1.02 mean?
RE/MAX Holdings (FRA:2RM) has a Debt-to-Equity of 1.02 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on RE/MAX Holdings and its competitors. This is 70% above median its historical median of 0.60. Over the past decade, RE/MAX Holdings' Debt-to-Equity has ranged from 0.40 to 1.18. According to the industry distribution chart, RE/MAX Holdings ranks #954 out of 1542 companies in the Real Estate industry, placing it in the top 61.9%.
Is RE/MAX Holdings' Debt-to-Equity too high?
RE/MAX Holdings' current Debt-to-Equity of 1.02 is 70% above median its 10-year median of 0.60. Over the past 10 years, this metric has ranged from a low of 0.40 to a high of 1.18. The Real Estate industry median Debt-to-Equity is 0.73. RE/MAX Holdings' value of 1.02 is 39.7% above this industry median. Based on the distribution chart, RE/MAX Holdings ranks #954 out of 1542 companies in the Real Estate industry, which is below the industry midpoint. Overall, RE/MAX Holdings has a GF Score™ of 71/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does RE/MAX Holdings' Debt-to-Equity compare to NEN and ARL?
According to the Real Estate industry distribution chart, RE/MAX Holdings ranks #954 out of 1542 companies for Debt-to-Equity. This places RE/MAX Holdings in the lower half of its industry. The industry median Debt-to-Equity is 0.73. RE/MAX Holdings' value of 1.02 is 39.7% above this benchmark. Historically, RE/MAX Holdings' own Debt-to-Equity has ranged from 0.40 to 1.18 over the past decade. While the company's 10-year median is 0.60 vs. the industry median of 0.73, RE/MAX Holdings has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for a Real Estate company?
The median Debt-to-Equity among Real Estate companies is 0.73, based on 1,542 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. RE/MAX Holdings's current Debt-to-Equity of 1.02 is 39.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on RE/MAX Holdings and its competitors. For the Real Estate industry, the median Debt-to-Equity is 0.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. RE/MAX Holdings's current Debt-to-Equity is 1.02, which is 70% above median its own 10-year median of 0.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is RE/MAX Holdings stock overvalued right now?
Based on GuruFocus' analysis, RE/MAX Holdings (FRA:2RM) is currently considered Modestly Overvalued. The stock's GF Value™ is €6.71, compared to a current price of €7.87 — trading 17.3% above its estimated fair value. The current Debt-to-Equity is 1.02, which is 70% above median its 10-year median of 0.60 and 39.7% above the Real Estate industry median of 0.73. RE/MAX Holdings' overall GF Score™ is 71/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For RE/MAX Holdings (FRA:2RM), the current Debt-to-Equity is 1.02 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is RE/MAX Holdings (FRA:2RM) Overvalued in 2026?

Based on GuruFocus' analysis, RE/MAX Holdings stock appears to be overvalued. The current stock price of €7.87 is trading 17.3% above its estimated GF Value™ of €6.71. GuruFocus considers RE/MAX Holdings to be Modestly Overvalued.

Key valuation signals for FRA:2RM:

  • Debt-to-Equity: 1.02 (70% above median its 10-year median of 0.60)
  • GF Value™: €6.71 vs. price of €7.87 (17.3% above fair value)
  • GF Score™: 71/100 with 3 warning signs
  • Industry Position: 39.7% above the Real Estate median (#954 of 1542)

No single metric tells the full story. See the FRA:2RM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


RE/MAX Holdings Business Description

Other Exchanges RMAX:USA
Address 5075 South Syracuse Street, Denver, CO, USA, 80237
RE/MAX Holdings Inc operates as a franchisor of real estate brokerage services. It recruits and retains agents and sells franchises. The company's operating segments include Real Estate, Mortgage, Marketing Funds, and Others. It generates maximum revenue from the Real Estate segment.
71GF Score

Get the complete analysis for FRA:2RM

Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€7.87
Price
€6.71
GF Value