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Broadridge Financial Solutions（BR）与CoStar Group（CSGP）财务数据对比。点击上方公司名可切换其他公司
Broadridge Financial Solutions的季度营收约是CoStar Group的1.9倍（$1.7B vs $899.9M），Broadridge Financial Solutions净利率更高（16.6% vs 5.2%，领先11.4%），CoStar Group同比增速更快（26.9% vs -5.4%），过去两年CoStar Group的营收复合增速更高（17.1% vs 10.4%）
Broadridge Financial Solutions是2007年从自动数据处理公司（ADP）分拆成立的上市企业服务及金融科技企业，总部位于纽约莱克萨克塞斯，为金融行业客户提供股东委托书、年报等金融单证服务，以及线上年会等股东沟通解决方案。
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。
BR vs CSGP — 直观对比
营收规模更大
BR
是对方的1.9倍
$899.9M
营收增速更快
CSGP
高出32.3%
-5.4%
净利率更高
BR
高出11.4%
5.2%
两年增速更快
CSGP
近两年复合增速
10.4%
损益表 — Q2 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.7B | $899.9M |
| 净利润 | $284.6M | $46.5M |
| 毛利率 | 27.6% | 78.6% |
| 营业利润率 | 12.0% | 5.5% |
| 净利率 | 16.6% | 5.2% |
| 营收同比 | -5.4% | 26.9% |
| 净利润同比 | 17.1% | -22.2% |
| 每股收益（稀释后） | $2.42 | $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BRCSGP
| Q4 25 | $1.7B | $899.9M | ||
| Q3 25 | — | $833.6M | ||
| Q2 25 | $2.1B | $781.3M | ||
| Q1 25 | $1.8B | $732.2M | ||
| Q4 24 | $1.6B | $709.4M | ||
| Q3 24 | $1.4B | $692.6M | ||
| Q2 24 | $1.9B | $677.8M | ||
| Q1 24 | $1.7B | $656.4M |
净利润BRCSGP
| Q4 25 | $284.6M | $46.5M | ||
| Q3 25 | — | $-30.9M | ||
| Q2 25 | $374.2M | $6.2M | ||
| Q1 25 | $243.1M | $-14.8M | ||
| Q4 24 | $142.4M | $59.8M | ||
| Q3 24 | $79.8M | $53.0M | ||
| Q2 24 | $323.2M | $19.2M | ||
| Q1 24 | $213.7M | $6.7M |
毛利率BRCSGP
| Q4 25 | 27.6% | 78.6% | ||
| Q3 25 | — | 79.3% | ||
| Q2 25 | 37.3% | 78.5% | ||
| Q1 25 | 31.8% | 79.1% | ||
| Q4 24 | 27.9% | 80.1% | ||
| Q3 24 | 24.5% | 79.7% | ||
| Q2 24 | 35.5% | 80.0% | ||
| Q1 24 | 31.2% | 78.5% |
营业利润率BRCSGP
| Q4 25 | 12.0% | 5.5% | ||
| Q3 25 | — | -6.1% | ||
| Q2 25 | 24.1% | -3.5% | ||
| Q1 25 | 19.0% | -5.8% | ||
| Q4 24 | 13.3% | 5.6% | ||
| Q3 24 | 9.4% | 3.4% | ||
| Q2 24 | 22.7% | -2.4% | ||
| Q1 24 | 17.5% | -6.5% |
净利率BRCSGP
| Q4 25 | 16.6% | 5.2% | ||
| Q3 25 | — | -3.7% | ||
| Q2 25 | 18.1% | 0.8% | ||
| Q1 25 | 13.4% | -2.0% | ||
| Q4 24 | 9.0% | 8.4% | ||
| Q3 24 | 5.6% | 7.7% | ||
| Q2 24 | 16.6% | 2.8% | ||
| Q1 24 | 12.4% | 1.0% |
每股收益（稀释后）BRCSGP
| Q4 25 | $2.42 | $0.12 | ||
| Q3 25 | — | $-0.07 | ||
| Q2 25 | $3.17 | $0.01 | ||
| Q1 25 | $2.05 | $-0.04 | ||
| Q4 24 | $1.20 | $0.14 | ||
| Q3 24 | $0.68 | $0.13 | ||
| Q2 24 | $2.72 | $0.05 | ||
| Q1 24 | $1.79 | $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 | $371.5M | $1.6B |
| 总债务越低越好 | $3.2B | $140.0M |
| 股东权益账面价值 | $2.9B | $8.3B |
| 总资产 | $8.6B | $10.5B |
| 负债/权益比越低杠杆越低 | 1.10× | 0.02× |
8季度趋势，按日历期对齐
现金及短期投资BRCSGP
| Q4 25 | $371.5M | $1.6B | ||
| Q3 25 | — | $1.9B | ||
| Q2 25 | $562.2M | $3.6B | ||
| Q1 25 | $317.9M | $3.7B | ||
| Q4 24 | $290.6M | $4.7B | ||
| Q3 24 | $293.5M | — | ||
| Q2 24 | $305.2M | — | ||
| Q1 24 | $236.4M | — |
总债务BRCSGP
| Q4 25 | $3.2B | $140.0M | ||
| Q3 25 | — | $1.0B | ||
| Q2 25 | $3.3B | $1.0B | ||
| Q1 25 | $3.4B | $1.0B | ||
| Q4 24 | $3.7B | $1.0B | ||
| Q3 24 | $3.6B | $1.0B | ||
| Q2 24 | $3.4B | $1.0B | ||
| Q1 24 | $3.5B | $1.0B |
股东权益BRCSGP
| Q4 25 | $2.9B | $8.3B | ||
| Q3 25 | — | $8.6B | ||
| Q2 25 | $2.7B | $8.6B | ||
| Q1 25 | $2.4B | $8.6B | ||
| Q4 24 | $2.2B | $7.6B | ||
| Q3 24 | $2.2B | $7.5B | ||
| Q2 24 | $2.2B | $7.4B | ||
| Q1 24 | $2.3B | $7.3B |
总资产BRCSGP
| Q4 25 | $8.6B | $10.5B | ||
| Q3 25 | — | $10.8B | ||
| Q2 25 | $8.5B | $10.5B | ||
| Q1 25 | $8.3B | $10.4B | ||
| Q4 24 | $8.2B | $9.3B | ||
| Q3 24 | $8.0B | $9.1B | ||
| Q2 24 | $8.2B | $9.1B | ||
| Q1 24 | $8.2B | $9.0B |
负债/权益比BRCSGP
| Q4 25 | 1.10× | 0.02× | ||
| Q3 25 | — | 0.12× | ||
| Q2 25 | 1.22× | 0.12× | ||
| Q1 25 | 1.44× | 0.12× | ||
| Q4 24 | 1.64× | 0.13× | ||
| Q3 24 | 1.63× | 0.13× | ||
| Q2 24 | 1.55× | 0.14× | ||
| Q1 24 | 1.55× | 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 | — | $162.1M |
| 自由现金流经营现金流 - 资本支出 | — | $101.3M |
| 自由现金流率自由现金流/营收 | — | 11.3% |
| 资本支出强度资本支出/营收 | — | 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 | — | $123.0M |
8季度趋势，按日历期对齐
经营现金流BRCSGP
| Q4 25 | — | $162.1M | ||
| Q3 25 | — | $68.2M | ||
| Q2 25 | $699.7M | $146.5M | ||
| Q1 25 | $360.4M | $53.2M | ||
| Q4 24 | $236.7M | $94.6M | ||
| Q3 24 | $-125.5M | $100.3M | ||
| Q2 24 | $721.0M | $58.1M | ||
| Q1 24 | $207.4M | $139.6M |
自由现金流BRCSGP
| Q4 25 | — | $101.3M | ||
| Q3 25 | — | $-5.5M | ||
| Q2 25 | $684.1M | $27.7M | ||
| Q1 25 | $348.9M | $-500.0K | ||
| Q4 24 | $227.9M | $25.2M | ||
| Q3 24 | $-133.4M | $40.2M | ||
| Q2 24 | $703.2M | $-14.7M | ||
| Q1 24 | $184.6M | $-237.1M |
自由现金流率BRCSGP
| Q4 25 | — | 11.3% | ||
| Q3 25 | — | -0.7% | ||
| Q2 25 | 33.1% | 3.5% | ||
| Q1 25 | 19.3% | -0.1% | ||
| Q4 24 | 14.3% | 3.6% | ||
| Q3 24 | -9.4% | 5.8% | ||
| Q2 24 | 36.2% | -2.2% | ||
| Q1 24 | 10.7% | -36.1% |
资本支出强度BRCSGP
| Q4 25 | — | 6.8% | ||
| Q3 25 | — | 8.8% | ||
| Q2 25 | 0.8% | 15.2% | ||
| Q1 25 | 0.6% | 7.3% | ||
| Q4 24 | 0.6% | 9.8% | ||
| Q3 24 | 0.6% | 8.7% | ||
| Q2 24 | 0.9% | 10.7% | ||
| Q1 24 | 1.3% | 57.4% |
现金转化率BRCSGP
| Q4 25 | — | 3.49× | ||
| Q3 25 | — | — | ||
| Q2 25 | 1.87× | 23.63× | ||
| Q1 25 | 1.48× | — | ||
| Q4 24 | 1.66× | 1.58× | ||
| Q3 24 | -1.57× | 1.89× | ||
| Q2 24 | 2.23× | 3.03× | ||
| Q1 24 | 0.97× | 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
BR
| Recurring Fee Revenue Investor Communication Solutions | $589.5M | 34% |
| Recurring Fee Revenue Capital Markets | $300.9M | 18% |
| Recurring Fee Revenue Regulatory | $248.7M | 15% |
| Recurring Fee Revenue Customer Communications | $189.2M | 11% |
| Recurring Fee Revenue Wealth And Investment Management | $179.7M | 10% |
| Recurring Fee Revenue Data Driven Fund Solutions | $112.7M | 7% |
| Event Driven Revenue Mutual Funds | $51.4M | 3% |
| Event Driven Revenue Equity And Other | $39.2M | 2% |
| Global Technology And Operations | $7.5M | 0% |
CSGP
| Co Star | $503.8M | 56% |
| Other | $283.0M | 31% |
| Loop Net | $94.7M | 11% |
