vs
CoStar Group（CSGP）与Dayforce（DAY）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Dayforce的1.9倍（$899.9M vs $481.6M），CoStar Group净利率更高（5.2% vs -40.9%，领先46.0%），CoStar Group同比增速更快（26.9% vs 9.5%），过去两年CoStar Group的营收复合增速更高（17.1% vs 9.8%）
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。
Dayforce前身为知名人力资源服务商Ceridian，是一家总部位于美国的人力资源软件及服务企业，面向各行业不同规模的客户提供覆盖薪酬核算、人员管理、考勤等多场景的HR SaaS产品及配套专业服务，助力企业提升人力资源运营效率。
CSGP vs DAY — 直观对比
营收规模更大
CSGP
是对方的1.9倍
$481.6M
营收增速更快
CSGP
高出17.4%
9.5%
净利率更高
CSGP
高出46.0%
-40.9%
两年增速更快
CSGP
近两年复合增速
9.8%
损益表 — Q4 FY2025 vs Q3 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $899.9M | $481.6M |
| 净利润 | $46.5M | $-196.8M |
| 毛利率 | 78.6% | — |
| 营业利润率 | 5.5% | 6.3% |
| 净利率 | 5.2% | -40.9% |
| 营收同比 | 26.9% | 9.5% |
| 净利润同比 | -22.2% | -9940.0% |
| 每股收益（稀释后） | $0.12 | $-1.23 |
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CSGPDAY
| Q4 25 | $899.9M | — | ||
| Q3 25 | $833.6M | $481.6M | ||
| Q2 25 | $781.3M | $464.7M | ||
| Q1 25 | $732.2M | $481.8M | ||
| Q4 24 | $709.4M | $465.2M | ||
| Q3 24 | $692.6M | $440.0M | ||
| Q2 24 | $677.8M | $423.3M | ||
| Q1 24 | $656.4M | $431.5M |
净利润CSGPDAY
| Q4 25 | $46.5M | — | ||
| Q3 25 | $-30.9M | $-196.8M | ||
| Q2 25 | $6.2M | $21.3M | ||
| Q1 25 | $-14.8M | $14.9M | ||
| Q4 24 | $59.8M | $10.8M | ||
| Q3 24 | $53.0M | $2.0M | ||
| Q2 24 | $19.2M | $-1.8M | ||
| Q1 24 | $6.7M | $7.1M |
毛利率CSGPDAY
| Q4 25 | 78.6% | — | ||
| Q3 25 | 79.3% | — | ||
| Q2 25 | 78.5% | — | ||
| Q1 25 | 79.1% | — | ||
| Q4 24 | 80.1% | 47.0% | ||
| Q3 24 | 79.7% | 45.8% | ||
| Q2 24 | 80.0% | 44.1% | ||
| Q1 24 | 78.5% | 47.6% |
营业利润率CSGPDAY
| Q4 25 | 5.5% | — | ||
| Q3 25 | -6.1% | 6.3% | ||
| Q2 25 | -3.5% | 9.1% | ||
| Q1 25 | -5.8% | 6.4% | ||
| Q4 24 | 5.6% | 6.1% | ||
| Q3 24 | 3.4% | 4.7% | ||
| Q2 24 | -2.4% | 3.3% | ||
| Q1 24 | -6.5% | 9.4% |
净利率CSGPDAY
| Q4 25 | 5.2% | — | ||
| Q3 25 | -3.7% | -40.9% | ||
| Q2 25 | 0.8% | 4.6% | ||
| Q1 25 | -2.0% | 3.1% | ||
| Q4 24 | 8.4% | 2.3% | ||
| Q3 24 | 7.7% | 0.5% | ||
| Q2 24 | 2.8% | -0.4% | ||
| Q1 24 | 1.0% | 1.6% |
每股收益（稀释后）CSGPDAY
| Q4 25 | $0.12 | — | ||
| Q3 25 | $-0.07 | $-1.23 | ||
| Q2 25 | $0.01 | $0.13 | ||
| Q1 25 | $-0.04 | $0.09 | ||
| Q4 24 | $0.14 | $0.07 | ||
| Q3 24 | $0.13 | $0.01 | ||
| Q2 24 | $0.05 | $-0.01 | ||
| Q1 24 | $0.02 | $0.04 |
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 | $627.6M |
| 总债务越低越好 | $140.0M | $631.1M |
| 股东权益账面价值 | $8.3B | $2.7B |
| 总资产 | $10.5B | $8.7B |
| 负债/权益比越低杠杆越低 | 0.02× | 0.23× |
8季度趋势，按日历期对齐
现金及短期投资CSGPDAY
| Q4 25 | $1.6B | — | ||
| Q3 25 | $1.9B | $627.6M | ||
| Q2 25 | $3.6B | $625.2M | ||
| Q1 25 | $3.7B | $557.3M | ||
| Q4 24 | $4.7B | $579.7M | ||
| Q3 24 | — | $494.1M | ||
| Q2 24 | — | $465.4M | ||
| Q1 24 | — | $392.5M |
总债务CSGPDAY
| Q4 25 | $140.0M | — | ||
| Q3 25 | $1.0B | $631.1M | ||
| Q2 25 | $1.0B | $631.8M | ||
| Q1 25 | $1.0B | $632.4M | ||
| Q4 24 | $1.0B | $1.2B | ||
| Q3 24 | $1.0B | $1.2B | ||
| Q2 24 | $1.0B | $1.2B | ||
| Q1 24 | $1.0B | $1.2B |
股东权益CSGPDAY
| Q4 25 | $8.3B | — | ||
| Q3 25 | $8.6B | $2.7B | ||
| Q2 25 | $8.6B | $2.7B | ||
| Q1 25 | $8.6B | $2.6B | ||
| Q4 24 | $7.6B | $2.5B | ||
| Q3 24 | $7.5B | $2.6B | ||
| Q2 24 | $7.4B | $2.5B | ||
| Q1 24 | $7.3B | $2.4B |
总资产CSGPDAY
| Q4 25 | $10.5B | — | ||
| Q3 25 | $10.8B | $8.7B | ||
| Q2 25 | $10.5B | $8.5B | ||
| Q1 25 | $10.4B | $9.5B | ||
| Q4 24 | $9.3B | $9.1B | ||
| Q3 24 | $9.1B | $8.1B | ||
| Q2 24 | $9.1B | $9.0B | ||
| Q1 24 | $9.0B | $10.8B |
负债/权益比CSGPDAY
| Q4 25 | 0.02× | — | ||
| Q3 25 | 0.12× | 0.23× | ||
| Q2 25 | 0.12× | 0.23× | ||
| Q1 25 | 0.12× | 0.24× | ||
| Q4 24 | 0.13× | 0.47× | ||
| Q3 24 | 0.13× | 0.47× | ||
| Q2 24 | 0.14× | 0.49× | ||
| Q1 24 | 0.14× | 0.50× |
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 | $31.2M |
| 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CSGPDAY
| Q4 25 | $162.1M | — | ||
| Q3 25 | $68.2M | $31.2M | ||
| Q2 25 | $146.5M | $112.7M | ||
| Q1 25 | $53.2M | $49.6M | ||
| Q4 24 | $94.6M | $81.0M | ||
| Q3 24 | $100.3M | $91.8M | ||
| Q2 24 | $58.1M | $99.2M | ||
| Q1 24 | $139.6M | $9.1M |
自由现金流CSGPDAY
| 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CSGPDAY
| 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CSGPDAY
| 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CSGPDAY
| Q4 25 | 3.49× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | 23.63× | 5.29× | ||
| Q1 25 | — | 3.33× | ||
| Q4 24 | 1.58× | 7.50× | ||
| Q3 24 | 1.89× | 45.90× | ||
| Q2 24 | 3.03× | — | ||
| Q1 24 | 20.84× | 1.28× |
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% |
DAY
| Dayforce Recurring | $333.0M | 69% |
| Cloud And Bureau Professional Services And Other | $78.5M | 16% |
| Float | $42.2M | 9% |
| Powerpay Recurring | $19.7M | 4% |
| Other Recurring | $8.2M | 2% |
