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CoStar Group（CSGP）与柯蒂斯-莱特（CW）财务数据对比。点击上方公司名可切换其他公司
柯蒂斯-莱特的季度营收约是CoStar Group的1.1倍（$947.0M vs $899.9M），柯蒂斯-莱特净利率更高（14.5% vs 5.2%，领先9.3%），CoStar Group同比增速更快（26.9% vs 14.9%），柯蒂斯-莱特自由现金流更多（$315.1M vs $101.3M），过去两年CoStar Group的营收复合增速更高（17.1% vs 15.2%）
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。
柯蒂斯-莱特公司是总部位于美国北卡罗来纳州戴维森的制造与服务提供商，在美国内外均设有工厂及业务网点。公司1929年由柯蒂斯、莱特及多家供应商合并成立，成立之初即为美国最大航空企业，二战期间为美军生产了超14.2万台航空发动机。
CSGP vs CW — 直观对比
营收规模更大
CW
是对方的1.1倍
$899.9M
营收增速更快
CSGP
高出12.0%
14.9%
净利率更高
CW
高出9.3%
5.2%
自由现金流更多
CW
多$213.8M
$101.3M
两年增速更快
CSGP
近两年复合增速
15.2%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $899.9M | $947.0M |
| 净利润 | $46.5M | $137.0M |
| 毛利率 | 78.6% | 37.5% |
| 营业利润率 | 5.5% | 19.2% |
| 净利率 | 5.2% | 14.5% |
| 营收同比 | 26.9% | 14.9% |
| 净利润同比 | -22.2% | 16.2% |
| 每股收益（稀释后） | $0.12 | $3.69 |
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CSGPCW
| Q4 25 | $899.9M | $947.0M | ||
| Q3 25 | $833.6M | $869.2M | ||
| Q2 25 | $781.3M | $876.6M | ||
| Q1 25 | $732.2M | $805.6M | ||
| Q4 24 | $709.4M | $824.3M | ||
| Q3 24 | $692.6M | $798.9M | ||
| Q2 24 | $677.8M | $784.8M | ||
| Q1 24 | $656.4M | $713.2M |
净利润CSGPCW
| Q4 25 | $46.5M | $137.0M | ||
| Q3 25 | $-30.9M | $124.8M | ||
| Q2 25 | $6.2M | $121.1M | ||
| Q1 25 | $-14.8M | $101.3M | ||
| Q4 24 | $59.8M | $117.9M | ||
| Q3 24 | $53.0M | $111.2M | ||
| Q2 24 | $19.2M | $99.5M | ||
| Q1 24 | $6.7M | $76.5M |
毛利率CSGPCW
| Q4 25 | 78.6% | 37.5% | ||
| Q3 25 | 79.3% | 37.7% | ||
| Q2 25 | 78.5% | 37.2% | ||
| Q1 25 | 79.1% | 36.3% | ||
| Q4 24 | 80.1% | 38.5% | ||
| Q3 24 | 79.7% | 37.3% | ||
| Q2 24 | 80.0% | 36.2% | ||
| Q1 24 | 78.5% | 35.6% |
营业利润率CSGPCW
| Q4 25 | 5.5% | 19.2% | ||
| Q3 25 | -6.1% | 19.1% | ||
| Q2 25 | -3.5% | 17.8% | ||
| Q1 25 | -5.8% | 16.0% | ||
| Q4 24 | 5.6% | 18.8% | ||
| Q3 24 | 3.4% | 18.1% | ||
| Q2 24 | -2.4% | 16.4% | ||
| Q1 24 | -6.5% | 14.0% |
净利率CSGPCW
| Q4 25 | 5.2% | 14.5% | ||
| Q3 25 | -3.7% | 14.4% | ||
| Q2 25 | 0.8% | 13.8% | ||
| Q1 25 | -2.0% | 12.6% | ||
| Q4 24 | 8.4% | 14.3% | ||
| Q3 24 | 7.7% | 13.9% | ||
| Q2 24 | 2.8% | 12.7% | ||
| Q1 24 | 1.0% | 10.7% |
每股收益（稀释后）CSGPCW
| Q4 25 | $0.12 | $3.69 | ||
| Q3 25 | $-0.07 | $3.31 | ||
| Q2 25 | $0.01 | $3.19 | ||
| Q1 25 | $-0.04 | $2.68 | ||
| Q4 24 | $0.14 | $3.09 | ||
| Q3 24 | $0.13 | $2.89 | ||
| Q2 24 | $0.05 | $2.58 | ||
| Q1 24 | $0.02 | $1.99 |
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 | $140.0M | $957.9M |
| 股东权益账面价值 | $8.3B | $2.5B |
| 总资产 | $10.5B | $5.2B |
| 负债/权益比越低杠杆越低 | 0.02× | 0.38× |
8季度趋势，按日历期对齐
现金及短期投资CSGPCW
| Q4 25 | $1.6B | — | ||
| Q3 25 | $1.9B | — | ||
| Q2 25 | $3.6B | — | ||
| Q1 25 | $3.7B | $226.5M | ||
| Q4 24 | $4.7B | $385.0M | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | $338.0M |
总债务CSGPCW
| Q4 25 | $140.0M | $957.9M | ||
| Q3 25 | $1.0B | $968.6M | ||
| Q2 25 | $1.0B | $958.4M | ||
| Q1 25 | $1.0B | $958.6M | ||
| Q4 24 | $1.0B | $1.0B | ||
| Q3 24 | $1.0B | $1.0B | ||
| Q2 24 | $1.0B | $1.0B | ||
| Q1 24 | $1.0B | $1.1B |
股东权益CSGPCW
| Q4 25 | $8.3B | $2.5B | ||
| Q3 25 | $8.6B | $2.5B | ||
| Q2 25 | $8.6B | $2.7B | ||
| Q1 25 | $8.6B | $2.6B | ||
| Q4 24 | $7.6B | $2.4B | ||
| Q3 24 | $7.5B | $2.5B | ||
| Q2 24 | $7.4B | $2.5B | ||
| Q1 24 | $7.3B | $2.4B |
总资产CSGPCW
| Q4 25 | $10.5B | $5.2B | ||
| Q3 25 | $10.8B | $5.1B | ||
| Q2 25 | $10.5B | $5.2B | ||
| Q1 25 | $10.4B | $5.0B | ||
| Q4 24 | $9.3B | $5.0B | ||
| Q3 24 | $9.1B | $4.9B | ||
| Q2 24 | $9.1B | $4.7B | ||
| Q1 24 | $9.0B | $4.6B |
负债/权益比CSGPCW
| Q4 25 | 0.02× | 0.38× | ||
| Q3 25 | 0.12× | 0.38× | ||
| Q2 25 | 0.12× | 0.35× | ||
| Q1 25 | 0.12× | 0.37× | ||
| Q4 24 | 0.13× | 0.43× | ||
| Q3 24 | 0.13× | 0.42× | ||
| Q2 24 | 0.14× | 0.43× | ||
| Q1 24 | 0.14× | 0.44× |
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 | $352.7M |
| 自由现金流经营现金流 - 资本支出 | $101.3M | $315.1M |
| 自由现金流率自由现金流/营收 | 11.3% | 33.3% |
| 资本支出强度资本支出/营收 | 6.8% | 4.0% |
| 现金转化率经营现金流/净利润 | 3.49× | 2.57× |
| 过去12个月自由现金流最近4个季度 | $123.0M | $553.7M |
8季度趋势，按日历期对齐
经营现金流CSGPCW
| Q4 25 | $162.1M | $352.7M | ||
| Q3 25 | $68.2M | $192.8M | ||
| Q2 25 | $146.5M | $136.6M | ||
| Q1 25 | $53.2M | $-38.8M | ||
| Q4 24 | $94.6M | $301.3M | ||
| Q3 24 | $100.3M | $177.3M | ||
| Q2 24 | $58.1M | $111.3M | ||
| Q1 24 | $139.6M | $-45.6M |
自由现金流CSGPCW
| Q4 25 | $101.3M | $315.1M | ||
| Q3 25 | $-5.5M | $175.9M | ||
| Q2 25 | $27.7M | $117.2M | ||
| Q1 25 | $-500.0K | $-54.5M | ||
| Q4 24 | $25.2M | $278.0M | ||
| Q3 24 | $40.2M | $162.7M | ||
| Q2 24 | $-14.7M | $100.3M | ||
| Q1 24 | $-237.1M | $-57.7M |
自由现金流率CSGPCW
| Q4 25 | 11.3% | 33.3% | ||
| Q3 25 | -0.7% | 20.2% | ||
| Q2 25 | 3.5% | 13.4% | ||
| Q1 25 | -0.1% | -6.8% | ||
| Q4 24 | 3.6% | 33.7% | ||
| Q3 24 | 5.8% | 20.4% | ||
| Q2 24 | -2.2% | 12.8% | ||
| Q1 24 | -36.1% | -8.1% |
资本支出强度CSGPCW
| Q4 25 | 6.8% | 4.0% | ||
| Q3 25 | 8.8% | 1.9% | ||
| Q2 25 | 15.2% | 2.2% | ||
| Q1 25 | 7.3% | 2.0% | ||
| Q4 24 | 9.8% | 2.8% | ||
| Q3 24 | 8.7% | 1.8% | ||
| Q2 24 | 10.7% | 1.4% | ||
| Q1 24 | 57.4% | 1.7% |
现金转化率CSGPCW
| Q4 25 | 3.49× | 2.57× | ||
| Q3 25 | — | 1.54× | ||
| Q2 25 | 23.63× | 1.13× | ||
| Q1 25 | — | -0.38× | ||
| Q4 24 | 1.58× | 2.56× | ||
| Q3 24 | 1.89× | 1.59× | ||
| Q2 24 | 3.03× | 1.12× | ||
| Q1 24 | 20.84× | -0.60× |
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
CSGP
| Co Star | $503.8M | 56% |
| Other | $283.0M | 31% |
| Loop Net | $94.7M | 11% |
CW
| Naval Power | $417.4M | 44% |
| Defense Electronics | $268.3M | 28% |
| Aerospace Industrial | $262.4M | 28% |
