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Side-by-side financial comparison of CoStar Group (CSGP) and JANUS HENDERSON GROUP PLC (JHG). Click either name above to swap in a different company.

JANUS HENDERSON GROUP PLC is the larger business by last-quarter revenue ($1.1B vs $899.9M, roughly 1.3× CoStar Group). JANUS HENDERSON GROUP PLC runs the higher net margin — 35.3% vs 5.2%, a 30.1% gap on every dollar of revenue. On growth, JANUS HENDERSON GROUP PLC posted the faster year-over-year revenue change (61.3% vs 26.9%). JANUS HENDERSON GROUP PLC produced more free cash flow last quarter ($320.4M vs $101.3M). Over the past eight quarters, JANUS HENDERSON GROUP PLC's revenue compounded faster (43.9% CAGR vs 17.1%).

CoStar Group, Inc. is an American provider of information, analytics, and marketing services to the commercial property industry in North America and Europe. Founded in 1987 by Andrew C. Florance and based in Arlington, Virginia, the company operates the CoStar online database and news website and several online marketplaces, including Apartments.com and Homes.com.

Janus Henderson is a British-American global asset management group headquartered in the City of London, United Kingdom. It offers a range of financial products to individuals, intermediary advisors, and institutional investors globally under the trade name Janus Henderson Investors.

CSGP vs JHG — Head-to-Head

Bigger by revenue
JHG
JHG
1.3× larger
JHG
$1.1B
$899.9M
CSGP
Growing faster (revenue YoY)
JHG
JHG
+34.4% gap
JHG
61.3%
26.9%
CSGP
Higher net margin
JHG
JHG
30.1% more per $
JHG
35.3%
5.2%
CSGP
More free cash flow
JHG
JHG
$219.1M more FCF
JHG
$320.4M
$101.3M
CSGP
Faster 2-yr revenue CAGR
JHG
JHG
Annualised
JHG
43.9%
17.1%
CSGP

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
CSGP
CSGP
JHG
JHG
Revenue
$899.9M
$1.1B
Net Profit
$46.5M
$403.2M
Gross Margin
78.6%
Operating Margin
5.5%
42.7%
Net Margin
5.2%
35.3%
Revenue YoY
26.9%
61.3%
Net Profit YoY
-22.2%
231.0%
EPS (diluted)
$0.12
$2.59

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
CSGP
CSGP
JHG
JHG
Q4 25
$899.9M
$1.1B
Q3 25
$833.6M
$700.4M
Q2 25
$781.3M
$633.2M
Q1 25
$732.2M
$621.4M
Q4 24
$709.4M
$708.3M
Q3 24
$692.6M
$624.8M
Q2 24
$677.8M
$588.4M
Q1 24
$656.4M
$551.7M
Net Profit
CSGP
CSGP
JHG
JHG
Q4 25
$46.5M
$403.2M
Q3 25
$-30.9M
$142.1M
Q2 25
$6.2M
$149.9M
Q1 25
$-14.8M
$120.7M
Q4 24
$59.8M
$121.8M
Q3 24
$53.0M
$27.3M
Q2 24
$19.2M
$129.7M
Q1 24
$6.7M
$130.1M
Gross Margin
CSGP
CSGP
JHG
JHG
Q4 25
78.6%
Q3 25
79.3%
Q2 25
78.5%
Q1 25
79.1%
Q4 24
80.1%
Q3 24
79.7%
Q2 24
80.0%
Q1 24
78.5%
Operating Margin
CSGP
CSGP
JHG
JHG
Q4 25
5.5%
42.7%
Q3 25
-6.1%
24.6%
Q2 25
-3.5%
25.9%
Q1 25
-5.8%
24.7%
Q4 24
5.6%
27.9%
Q3 24
3.4%
26.4%
Q2 24
-2.4%
27.9%
Q1 24
-6.5%
21.6%
Net Margin
CSGP
CSGP
JHG
JHG
Q4 25
5.2%
35.3%
Q3 25
-3.7%
20.3%
Q2 25
0.8%
23.7%
Q1 25
-2.0%
19.4%
Q4 24
8.4%
17.2%
Q3 24
7.7%
4.4%
Q2 24
2.8%
22.0%
Q1 24
1.0%
23.6%
EPS (diluted)
CSGP
CSGP
JHG
JHG
Q4 25
$0.12
$2.59
Q3 25
$-0.07
$0.92
Q2 25
$0.01
$0.95
Q1 25
$-0.04
$0.77
Q4 24
$0.14
$0.77
Q3 24
$0.13
$0.17
Q2 24
$0.05
$0.81
Q1 24
$0.02
$0.81

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
CSGP
CSGP
JHG
JHG
Cash + ST InvestmentsLiquidity on hand
$1.6B
$1.6B
Total DebtLower is stronger
$140.0M
Stockholders' EquityBook value
$8.3B
$5.1B
Total Assets
$10.5B
$8.3B
Debt / EquityLower = less leverage
0.02×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CSGP
CSGP
JHG
JHG
Q4 25
$1.6B
$1.6B
Q3 25
$1.9B
$1.4B
Q2 25
$3.6B
$1.3B
Q1 25
$3.7B
$1.4B
Q4 24
$4.7B
$1.6B
Q3 24
$1.8B
Q2 24
$1.3B
Q1 24
$1.1B
Total Debt
CSGP
CSGP
JHG
JHG
Q4 25
$140.0M
Q3 25
$1.0B
Q2 25
$1.0B
Q1 25
$1.0B
Q4 24
$1.0B
Q3 24
$1.0B
Q2 24
$1.0B
Q1 24
$1.0B
Stockholders' Equity
CSGP
CSGP
JHG
JHG
Q4 25
$8.3B
$5.1B
Q3 25
$8.6B
$4.8B
Q2 25
$8.6B
$4.8B
Q1 25
$8.6B
$4.7B
Q4 24
$7.6B
$4.6B
Q3 24
$7.5B
$4.6B
Q2 24
$7.4B
$4.5B
Q1 24
$7.3B
$4.4B
Total Assets
CSGP
CSGP
JHG
JHG
Q4 25
$10.5B
$8.3B
Q3 25
$10.8B
$7.6B
Q2 25
$10.5B
$7.5B
Q1 25
$10.4B
$7.1B
Q4 24
$9.3B
$7.0B
Q3 24
$9.1B
$7.3B
Q2 24
$9.1B
$6.4B
Q1 24
$9.0B
$6.3B
Debt / Equity
CSGP
CSGP
JHG
JHG
Q4 25
0.02×
Q3 25
0.12×
Q2 25
0.12×
Q1 25
0.12×
Q4 24
0.13×
Q3 24
0.13×
Q2 24
0.14×
Q1 24
0.14×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
CSGP
CSGP
JHG
JHG
Operating Cash FlowLast quarter
$162.1M
$322.7M
Free Cash FlowOCF − Capex
$101.3M
$320.4M
FCF MarginFCF / Revenue
11.3%
28.0%
Capex IntensityCapex / Revenue
6.8%
0.2%
Cash ConversionOCF / Net Profit
3.49×
0.80×
TTM Free Cash FlowTrailing 4 quarters
$123.0M
$710.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CSGP
CSGP
JHG
JHG
Q4 25
$162.1M
$322.7M
Q3 25
$68.2M
$258.8M
Q2 25
$146.5M
$135.2M
Q1 25
$53.2M
$2.8M
Q4 24
$94.6M
$247.3M
Q3 24
$100.3M
$228.5M
Q2 24
$58.1M
$223.8M
Q1 24
$139.6M
$-5.0M
Free Cash Flow
CSGP
CSGP
JHG
JHG
Q4 25
$101.3M
$320.4M
Q3 25
$-5.5M
$256.4M
Q2 25
$27.7M
$133.2M
Q1 25
$-500.0K
$900.0K
Q4 24
$25.2M
$243.5M
Q3 24
$40.2M
$225.9M
Q2 24
$-14.7M
$221.9M
Q1 24
$-237.1M
$-6.8M
FCF Margin
CSGP
CSGP
JHG
JHG
Q4 25
11.3%
28.0%
Q3 25
-0.7%
36.6%
Q2 25
3.5%
21.0%
Q1 25
-0.1%
0.1%
Q4 24
3.6%
34.4%
Q3 24
5.8%
36.2%
Q2 24
-2.2%
37.7%
Q1 24
-36.1%
-1.2%
Capex Intensity
CSGP
CSGP
JHG
JHG
Q4 25
6.8%
0.2%
Q3 25
8.8%
0.3%
Q2 25
15.2%
0.3%
Q1 25
7.3%
0.3%
Q4 24
9.8%
0.5%
Q3 24
8.7%
0.4%
Q2 24
10.7%
0.3%
Q1 24
57.4%
0.3%
Cash Conversion
CSGP
CSGP
JHG
JHG
Q4 25
3.49×
0.80×
Q3 25
1.82×
Q2 25
23.63×
0.90×
Q1 25
0.02×
Q4 24
1.58×
2.03×
Q3 24
1.89×
8.37×
Q2 24
3.03×
1.73×
Q1 24
20.84×
-0.04×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

CSGP
CSGP

Co Star$503.8M56%
Other$283.0M31%
Loop Net$94.7M11%

JHG
JHG

Investment Advice$585.2M51%
Investment Performance$425.8M37%
Other$76.4M7%

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