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COMERICA INC（CMA）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COMERICA INC的1.1倍（$899.9M vs $838.0M），COMERICA INC净利率更高（21.0% vs 5.2%，领先15.8%），CoStar Group同比增速更快（26.9% vs 3.3%），过去两年COMERICA INC的营收复合增速更高（108.9% vs 17.1%）
Comerica公司是总部位于美国得克萨斯州达拉斯的金融服务企业，为美国大型金融控股公司之一。旗下Comerica银行为区域性商业银行，在得克萨斯、密歇根、加利福尼亚、佛罗里达、亚利桑那五州共设413家网点，在美国多座城市设有办公场所。
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。
CMA vs CSGP — 直观对比
营收规模更大
CSGP
是对方的1.1倍
$838.0M
营收增速更快
CSGP
高出23.5%
3.3%
净利率更高
CMA
高出15.8%
5.2%
两年增速更快
CMA
近两年复合增速
17.1%
损益表 — Q3 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $838.0M | $899.9M |
| 净利润 | $176.0M | $46.5M |
| 毛利率 | — | 78.6% |
| 营业利润率 | — | 5.5% |
| 净利率 | 21.0% | 5.2% |
| 营收同比 | 3.3% | 26.9% |
| 净利润同比 | -4.3% | -22.2% |
| 每股收益（稀释后） | $1.35 | $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CMACSGP
| Q4 25 | — | $899.9M | ||
| Q3 25 | $838.0M | $833.6M | ||
| Q2 25 | $849.0M | $781.3M | ||
| Q1 25 | $829.0M | $732.2M | ||
| Q4 24 | $825.0M | $709.4M | ||
| Q3 24 | $811.0M | $692.6M | ||
| Q2 24 | $824.0M | $677.8M | ||
| Q1 24 | $784.0M | $656.4M |
净利润CMACSGP
| Q4 25 | — | $46.5M | ||
| Q3 25 | $176.0M | $-30.9M | ||
| Q2 25 | $199.0M | $6.2M | ||
| Q1 25 | $172.0M | $-14.8M | ||
| Q4 24 | $170.0M | $59.8M | ||
| Q3 24 | $184.0M | $53.0M | ||
| Q2 24 | $206.0M | $19.2M | ||
| Q1 24 | $138.0M | $6.7M |
毛利率CMACSGP
| 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% |
营业利润率CMACSGP
| Q4 25 | — | 5.5% | ||
| Q3 25 | — | -6.1% | ||
| Q2 25 | — | -3.5% | ||
| Q1 25 | — | -5.8% | ||
| Q4 24 | — | 5.6% | ||
| Q3 24 | — | 3.4% | ||
| Q2 24 | — | -2.4% | ||
| Q1 24 | — | -6.5% |
净利率CMACSGP
| Q4 25 | — | 5.2% | ||
| Q3 25 | 21.0% | -3.7% | ||
| Q2 25 | 23.4% | 0.8% | ||
| Q1 25 | 20.7% | -2.0% | ||
| Q4 24 | 20.6% | 8.4% | ||
| Q3 24 | 22.7% | 7.7% | ||
| Q2 24 | 25.0% | 2.8% | ||
| Q1 24 | 17.6% | 1.0% |
每股收益（稀释后）CMACSGP
| Q4 25 | — | $0.12 | ||
| Q3 25 | $1.35 | $-0.07 | ||
| Q2 25 | $1.42 | $0.01 | ||
| Q1 25 | $1.25 | $-0.04 | ||
| Q4 24 | $1.22 | $0.14 | ||
| Q3 24 | $1.33 | $0.13 | ||
| Q2 24 | $1.49 | $0.05 | ||
| Q1 24 | $0.98 | $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 | — | $1.6B |
| 总债务越低越好 | $5.4B | $140.0M |
| 股东权益账面价值 | $7.4B | $8.3B |
| 总资产 | $77.4B | $10.5B |
| 负债/权益比越低杠杆越低 | 0.73× | 0.02× |
8季度趋势，按日历期对齐
现金及短期投资CMACSGP
| Q4 25 | — | $1.6B | ||
| Q3 25 | — | $1.9B | ||
| Q2 25 | — | $3.6B | ||
| Q1 25 | — | $3.7B | ||
| Q4 24 | — | $4.7B | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
总债务CMACSGP
| Q4 25 | — | $140.0M | ||
| Q3 25 | $5.4B | $1.0B | ||
| Q2 25 | $5.8B | $1.0B | ||
| Q1 25 | $5.7B | $1.0B | ||
| Q4 24 | $6.7B | $1.0B | ||
| Q3 24 | $6.8B | $1.0B | ||
| Q2 24 | $7.1B | $1.0B | ||
| Q1 24 | $7.1B | $1.0B |
股东权益CMACSGP
| Q4 25 | — | $8.3B | ||
| Q3 25 | $7.4B | $8.6B | ||
| Q2 25 | $6.9B | $8.6B | ||
| Q1 25 | $7.1B | $8.6B | ||
| Q4 24 | $6.5B | $7.6B | ||
| Q3 24 | $7.4B | $7.5B | ||
| Q2 24 | $6.2B | $7.4B | ||
| Q1 24 | $6.0B | $7.3B |
总资产CMACSGP
| Q4 25 | — | $10.5B | ||
| Q3 25 | $77.4B | $10.8B | ||
| Q2 25 | $78.0B | $10.5B | ||
| Q1 25 | $77.6B | $10.4B | ||
| Q4 24 | $79.3B | $9.3B | ||
| Q3 24 | $79.7B | $9.1B | ||
| Q2 24 | $79.6B | $9.1B | ||
| Q1 24 | $79.4B | $9.0B |
负债/权益比CMACSGP
| Q4 25 | — | 0.02× | ||
| Q3 25 | 0.73× | 0.12× | ||
| Q2 25 | 0.84× | 0.12× | ||
| Q1 25 | 0.81× | 0.12× | ||
| Q4 24 | 1.02× | 0.13× | ||
| Q3 24 | 0.92× | 0.13× | ||
| Q2 24 | 1.15× | 0.14× | ||
| Q1 24 | 1.18× | 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 | $-270.0M | $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 | -1.53× | 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CMACSGP
| Q4 25 | — | $162.1M | ||
| Q3 25 | $-270.0M | $68.2M | ||
| Q2 25 | $476.0M | $146.5M | ||
| Q1 25 | $273.0M | $53.2M | ||
| Q4 24 | $601.0M | $94.6M | ||
| Q3 24 | $1.0B | $100.3M | ||
| Q2 24 | $111.0M | $58.1M | ||
| Q1 24 | $-205.0M | $139.6M |
自由现金流CMACSGP
| Q4 25 | — | $101.3M | ||
| Q3 25 | — | $-5.5M | ||
| Q2 25 | — | $27.7M | ||
| Q1 25 | — | $-500.0K | ||
| Q4 24 | — | $25.2M | ||
| Q3 24 | — | $40.2M | ||
| Q2 24 | — | $-14.7M | ||
| Q1 24 | — | $-237.1M |
自由现金流率CMACSGP
| Q4 25 | — | 11.3% | ||
| Q3 25 | — | -0.7% | ||
| Q2 25 | — | 3.5% | ||
| Q1 25 | — | -0.1% | ||
| Q4 24 | — | 3.6% | ||
| Q3 24 | — | 5.8% | ||
| Q2 24 | — | -2.2% | ||
| Q1 24 | — | -36.1% |
资本支出强度CMACSGP
| Q4 25 | — | 6.8% | ||
| Q3 25 | — | 8.8% | ||
| Q2 25 | — | 15.2% | ||
| Q1 25 | — | 7.3% | ||
| Q4 24 | — | 9.8% | ||
| Q3 24 | — | 8.7% | ||
| Q2 24 | — | 10.7% | ||
| Q1 24 | — | 57.4% |
现金转化率CMACSGP
| Q4 25 | — | 3.49× | ||
| Q3 25 | -1.53× | — | ||
| Q2 25 | 2.39× | 23.63× | ||
| Q1 25 | 1.59× | — | ||
| Q4 24 | 3.54× | 1.58× | ||
| Q3 24 | 5.70× | 1.89× | ||
| Q2 24 | 0.54× | 3.03× | ||
| Q1 24 | -1.49× | 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
CMA
暂无分部数据
CSGP
| Co Star | $503.8M | 56% |
| Other | $283.0M | 31% |
| Loop Net | $94.7M | 11% |
