Q2 2021 RESULTS

Realogy is the leading and most integrated provider of U.S. residential real estate services, encompassing franchise, brokerage, relocation and title and settlement businesses as well as a mortgage joint venture.

Q2 2021 KEY FINANCIAL METRICS

REVENUE GENERATED

OPERATING EBITDA

FREE CASH FLOW

$2.3B

$310M

$243M

+$1B Y/Y

+$135M Y/Y

+$196M Y/Y

Q2 2021 KEY OPERATIONAL METRICS

NET DEBT

MARKET SHARE1

TRANSACTION

LEVERAGE RATIO1

16.4%

VOLUME GROWTH

2.5X

+85% Y/Y

4TH CONSECUTIVE

NET DEBT/EBITDA

QUARTER OF GAINS

+37% SIDES | +35% PRICE

HIGHLIGHTS

REALOGY DELIVERED AN OUTSTANDING SECOND QUARTER

Realogy is leading the industry, delivering powerful results today and positioning our business

for the future as we continue moving the real estate industry to what's next.

  • Delivered record Operating EBITDA of $310 million for the first time ever in Q2.
  • Strong execution of strategic growth priorities including continued investment in and expansion ofRealSure.
  • Transaction volume growth of 85% with 4th consecutive quarter of market share gains.
  • Continued balance sheet improvements with compelling free cash flow generation of $243 million and lowest-ever net leverage at 2.5x.
  • Strong cost management in Q2, with actions taken for ~85% of targeted $80 million annual permanent cost savings.

READ THE FULL PRESS RELEASE HERE

Certain financial measures used in this Fact Sheet are supplemental measures of Realogy's performance that are not Generally Accepted Accounting Principles ("GAAP") measures. Refer to the reconciliation tables included in press release dated June 30, 2021, announcing second quarter 2021 financial results for the definitions of these non-GAAP financial measures, a reconciliation of these measures to their most comparable GAAP measures, and our explanation of why we believe these non-GAAP measures are useful to investors. See Forward-Looking Statement in Realogy earnings

release dated July 29, 2021 (available here) for factors that may have a material impact on future results.

  • At June 30, 2021 on a last twelve month basis

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Disclaimer

Realogy Holdings Corp. published this content on 29 July 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 30 July 2021 16:18:07 UTC.