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Alight, Inc.（ALIT）与CoStar Group（CSGP）财务数据对比。点击上方公司名可切换其他公司
CoStar Group的季度营收约是Alight, Inc.的1.4倍（$899.9M vs $653.0M），CoStar Group净利率更高（5.2% vs -142.7%，领先147.9%），CoStar Group同比增速更快（26.9% vs -4.0%），CoStar Group自由现金流更多（$101.3M vs $99.0M），过去两年CoStar Group的营收复合增速更高（17.1% vs 8.1%）
Alight公司是一家美国信息技术与咨询企业，专注于人力资源相关业务，主打基于云的系统服务、业务外包与咨询服务，为大型企业提供人力资本管理平台与外包方案，业务范围涵盖健康福利管理、财务管理以及退休规划等领域。
CoStar Group是1987年成立的美国商业地产服务商，总部位于弗吉尼亚州阿灵顿，业务覆盖北美、欧洲地区，为商业地产行业提供信息、分析及营销解决方案，旗下运营CoStar线上数据库、新闻网站及Apartments.com、Homes.com等多个线上平台。
ALIT vs CSGP — 直观对比
营收规模更大
CSGP
是对方的1.4倍
$653.0M
营收增速更快
CSGP
高出30.8%
-4.0%
净利率更高
CSGP
高出147.9%
-142.7%
自由现金流更多
CSGP
多$2.3M
$99.0M
两年增速更快
CSGP
近两年复合增速
8.1%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $653.0M | $899.9M |
| 净利润 | $-932.0M | $46.5M |
| 毛利率 | 36.8% | 78.6% |
| 营业利润率 | -114.9% | 5.5% |
| 净利率 | -142.7% | 5.2% |
| 营收同比 | -4.0% | 26.9% |
| 净利润同比 | -11750.0% | -22.2% |
| 每股收益（稀释后） | $-1.77 | $0.12 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收ALITCSGP
| Q4 25 | $653.0M | $899.9M | ||
| Q3 25 | $533.0M | $833.6M | ||
| Q2 25 | $528.0M | $781.3M | ||
| Q1 25 | $548.0M | $732.2M | ||
| Q4 24 | $680.0M | $709.4M | ||
| Q3 24 | $555.0M | $692.6M | ||
| Q2 24 | $538.0M | $677.8M | ||
| Q1 24 | $559.0M | $656.4M |
净利润ALITCSGP
| Q4 25 | $-932.0M | $46.5M | ||
| Q3 25 | $-1.1B | $-30.9M | ||
| Q2 25 | $-1.1B | $6.2M | ||
| Q1 25 | $-25.0M | $-14.8M | ||
| Q4 24 | $8.0M | $59.8M | ||
| Q3 24 | $-74.0M | $53.0M | ||
| Q2 24 | $23.0M | $19.2M | ||
| Q1 24 | $-114.0M | $6.7M |
毛利率ALITCSGP
| Q4 25 | 36.8% | 78.6% | ||
| Q3 25 | 33.4% | 79.3% | ||
| Q2 25 | 33.3% | 78.5% | ||
| Q1 25 | 31.2% | 79.1% | ||
| Q4 24 | 39.9% | 80.1% | ||
| Q3 24 | 31.4% | 79.7% | ||
| Q2 24 | 31.0% | 80.0% | ||
| Q1 24 | 32.6% | 78.5% |
营业利润率ALITCSGP
| Q4 25 | -114.9% | 5.5% | ||
| Q3 25 | -248.0% | -6.1% | ||
| Q2 25 | -191.3% | -3.5% | ||
| Q1 25 | -1.5% | -5.8% | ||
| Q4 24 | 6.5% | 5.6% | ||
| Q3 24 | -7.6% | 3.4% | ||
| Q2 24 | -9.7% | -2.4% | ||
| Q1 24 | -7.2% | -6.5% |
净利率ALITCSGP
| Q4 25 | -142.7% | 5.2% | ||
| Q3 25 | -200.2% | -3.7% | ||
| Q2 25 | -203.2% | 0.8% | ||
| Q1 25 | -4.6% | -2.0% | ||
| Q4 24 | 1.2% | 8.4% | ||
| Q3 24 | -13.3% | 7.7% | ||
| Q2 24 | 4.3% | 2.8% | ||
| Q1 24 | -20.4% | 1.0% |
每股收益（稀释后）ALITCSGP
| Q4 25 | $-1.77 | $0.12 | ||
| Q3 25 | $-2.02 | $-0.07 | ||
| Q2 25 | $-2.03 | $0.01 | ||
| Q1 25 | $-0.05 | $-0.04 | ||
| Q4 24 | $0.02 | $0.14 | ||
| Q3 24 | $-0.14 | $0.13 | ||
| Q2 24 | $0.04 | $0.05 | ||
| Q1 24 | $-0.21 | $0.02 |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $273.0M | $1.6B |
| 总债务越低越好 | $2.0B | $140.0M |
| 股东权益账面价值 | $1.0B | $8.3B |
| 总资产 | $4.6B | $10.5B |
| 负债/权益比越低杠杆越低 | 1.92× | 0.02× |
8季度趋势，按日历期对齐
现金及短期投资ALITCSGP
| Q4 25 | $273.0M | $1.6B | ||
| Q3 25 | $205.0M | $1.9B | ||
| Q2 25 | $227.0M | $3.6B | ||
| Q1 25 | $223.0M | $3.7B | ||
| Q4 24 | $343.0M | $4.7B | ||
| Q3 24 | $300.0M | — | ||
| Q2 24 | $183.0M | — | ||
| Q1 24 | $256.0M | — |
总债务ALITCSGP
| Q4 25 | $2.0B | $140.0M | ||
| Q3 25 | $2.0B | $1.0B | ||
| Q2 25 | $2.0B | $1.0B | ||
| Q1 25 | $2.0B | $1.0B | ||
| Q4 24 | $2.0B | $1.0B | ||
| Q3 24 | $2.0B | $1.0B | ||
| Q2 24 | $2.8B | $1.0B | ||
| Q1 24 | $2.8B | $1.0B |
股东权益ALITCSGP
| Q4 25 | $1.0B | $8.3B | ||
| Q3 25 | $2.0B | $8.6B | ||
| Q2 25 | $3.1B | $8.6B | ||
| Q1 25 | $4.2B | $8.6B | ||
| Q4 24 | $4.3B | $7.6B | ||
| Q3 24 | $4.3B | $7.5B | ||
| Q2 24 | $4.5B | $7.4B | ||
| Q1 24 | $4.5B | $7.3B |
总资产ALITCSGP
| Q4 25 | $4.6B | $10.5B | ||
| Q3 25 | $5.5B | $10.8B | ||
| Q2 25 | $6.8B | $10.5B | ||
| Q1 25 | $7.9B | $10.4B | ||
| Q4 24 | $8.2B | $9.3B | ||
| Q3 24 | $8.3B | $9.1B | ||
| Q2 24 | $10.5B | $9.1B | ||
| Q1 24 | $10.7B | $9.0B |
负债/权益比ALITCSGP
| Q4 25 | 1.92× | 0.02× | ||
| Q3 25 | 1.00× | 0.12× | ||
| Q2 25 | 0.65× | 0.12× | ||
| Q1 25 | 0.48× | 0.12× | ||
| Q4 24 | 0.47× | 0.13× | ||
| Q3 24 | 0.47× | 0.13× | ||
| Q2 24 | 0.62× | 0.14× | ||
| Q1 24 | 0.62× | 0.14× |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | $124.0M | $162.1M |
| 自由现金流经营现金流 - 资本支出 | $99.0M | $101.3M |
| 自由现金流率自由现金流/营收 | 15.2% | 11.3% |
| 资本支出强度资本支出/营收 | 3.8% | 6.8% |
| 现金转化率经营现金流/净利润 | — | 3.49× |
| 过去12个月自由现金流最近4个季度 | $250.0M | $123.0M |
8季度趋势，按日历期对齐
经营现金流ALITCSGP
| Q4 25 | $124.0M | $162.1M | ||
| Q3 25 | $77.0M | $68.2M | ||
| Q2 25 | $86.0M | $146.5M | ||
| Q1 25 | $73.0M | $53.2M | ||
| Q4 24 | $118.0M | $94.6M | ||
| Q3 24 | $-24.0M | $100.3M | ||
| Q2 24 | $58.0M | $58.1M | ||
| Q1 24 | $100.0M | $139.6M |
自由现金流ALITCSGP
| Q4 25 | $99.0M | $101.3M | ||
| Q3 25 | $49.0M | $-5.5M | ||
| Q2 25 | $58.0M | $27.7M | ||
| Q1 25 | $44.0M | $-500.0K | ||
| Q4 24 | $92.0M | $25.2M | ||
| Q3 24 | $-52.0M | $40.2M | ||
| Q2 24 | $22.0M | $-14.7M | ||
| Q1 24 | $69.0M | $-237.1M |
自由现金流率ALITCSGP
| Q4 25 | 15.2% | 11.3% | ||
| Q3 25 | 9.2% | -0.7% | ||
| Q2 25 | 11.0% | 3.5% | ||
| Q1 25 | 8.0% | -0.1% | ||
| Q4 24 | 13.5% | 3.6% | ||
| Q3 24 | -9.4% | 5.8% | ||
| Q2 24 | 4.1% | -2.2% | ||
| Q1 24 | 12.3% | -36.1% |
资本支出强度ALITCSGP
| Q4 25 | 3.8% | 6.8% | ||
| Q3 25 | 5.3% | 8.8% | ||
| Q2 25 | 5.3% | 15.2% | ||
| Q1 25 | 5.3% | 7.3% | ||
| Q4 24 | 3.8% | 9.8% | ||
| Q3 24 | 5.0% | 8.7% | ||
| Q2 24 | 6.7% | 10.7% | ||
| Q1 24 | 5.5% | 57.4% |
现金转化率ALITCSGP
| Q4 25 | — | 3.49× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | 23.63× | ||
| Q1 25 | — | — | ||
| Q4 24 | 14.75× | 1.58× | ||
| Q3 24 | — | 1.89× | ||
| Q2 24 | 2.52× | 3.03× | ||
| Q1 24 | — | 20.84× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
ALIT
| Recurring | $607.0M | 93% |
| Projects | $46.0M | 7% |
CSGP
| Co Star | $503.8M | 56% |
| Other | $283.0M | 31% |
| Loop Net | $94.7M | 11% |
