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CoStar Group（CSGP）与DELUXE CORP（DLX）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DELUXE CORP的1.7倍（$899.9M vs $535.2M），CoStar Group净利率更高（5.2% vs 2.2%，领先2.9%），CoStar Group同比增速更快（26.9% vs 2.8%），过去两年CoStar Group的营收复合增速更高（17.1% vs 0.0%）
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。
德朗士公司是一家美国企业，提供支付处理、数据服务、票据与促销产品以及商户服务，业务分为B2B支付、数据、印刷和商户服务四大板块。截至2025年，公司为数百万中小企业和数千家金融机构提供服务，每年处理支付交易总额超2.8万亿美元，虽传统核心业务为票据印刷等印刷产品，如今支付与数据服务已成为核心板块。
CSGP vs DLX — 直观对比
营收规模更大
CSGP
是对方的1.7倍
$535.2M
营收增速更快
CSGP
高出24.0%
2.8%
净利率更高
CSGP
高出2.9%
2.2%
两年增速更快
CSGP
近两年复合增速
0.0%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $899.9M | $535.2M |
| 净利润 | $46.5M | $12.0M |
| 毛利率 | 78.6% | 52.2% |
| 营业利润率 | 5.5% | 8.9% |
| 净利率 | 5.2% | 2.2% |
| 营收同比 | 26.9% | 2.8% |
| 净利润同比 | -22.2% | -5.0% |
| 每股收益（稀释后） | $0.12 | $0.25 |
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CSGPDLX
| Q4 25 | $899.9M | $535.2M | ||
| Q3 25 | $833.6M | $540.2M | ||
| Q2 25 | $781.3M | $521.3M | ||
| Q1 25 | $732.2M | $536.5M | ||
| Q4 24 | $709.4M | $520.6M | ||
| Q3 24 | $692.6M | $528.4M | ||
| Q2 24 | $677.8M | $537.8M | ||
| Q1 24 | $656.4M | $535.0M |
净利润CSGPDLX
| Q4 25 | $46.5M | $12.0M | ||
| Q3 25 | $-30.9M | $33.7M | ||
| Q2 25 | $6.2M | $22.4M | ||
| Q1 25 | $-14.8M | $14.0M | ||
| Q4 24 | $59.8M | $12.6M | ||
| Q3 24 | $53.0M | $8.9M | ||
| Q2 24 | $19.2M | $20.5M | ||
| Q1 24 | $6.7M | $10.8M |
毛利率CSGPDLX
| Q4 25 | 78.6% | 52.2% | ||
| Q3 25 | 79.3% | 53.9% | ||
| Q2 25 | 78.5% | 53.6% | ||
| Q1 25 | 79.1% | 52.4% | ||
| Q4 24 | 80.1% | 52.3% | ||
| Q3 24 | 79.7% | 53.3% | ||
| Q2 24 | 80.0% | 53.7% | ||
| Q1 24 | 78.5% | 53.0% |
营业利润率CSGPDLX
| Q4 25 | 5.5% | 8.9% | ||
| Q3 25 | -6.1% | 14.0% | ||
| Q2 25 | -3.5% | 11.7% | ||
| Q1 25 | -5.8% | 9.0% | ||
| Q4 24 | 5.6% | 9.0% | ||
| Q3 24 | 3.4% | 7.9% | ||
| Q2 24 | -2.4% | 11.0% | ||
| Q1 24 | -6.5% | 8.3% |
净利率CSGPDLX
| Q4 25 | 5.2% | 2.2% | ||
| Q3 25 | -3.7% | 6.2% | ||
| Q2 25 | 0.8% | 4.3% | ||
| Q1 25 | -2.0% | 2.6% | ||
| Q4 24 | 8.4% | 2.4% | ||
| Q3 24 | 7.7% | 1.7% | ||
| Q2 24 | 2.8% | 3.8% | ||
| Q1 24 | 1.0% | 2.0% |
每股收益（稀释后）CSGPDLX
| Q4 25 | $0.12 | $0.25 | ||
| Q3 25 | $-0.07 | $0.74 | ||
| Q2 25 | $0.01 | $0.50 | ||
| Q1 25 | $-0.04 | $0.31 | ||
| Q4 24 | $0.14 | $0.28 | ||
| Q3 24 | $0.13 | $0.20 | ||
| Q2 24 | $0.05 | $0.46 | ||
| Q1 24 | $0.02 | $0.24 |
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 | $36.9M |
| 总债务越低越好 | $140.0M | — |
| 股东权益账面价值 | $8.3B | $680.7M |
| 总资产 | $10.5B | $2.9B |
| 负债/权益比越低杠杆越低 | 0.02× | — |
8季度趋势，按日历期对齐
现金及短期投资CSGPDLX
| Q4 25 | $1.6B | $36.9M | ||
| Q3 25 | $1.9B | $25.8M | ||
| Q2 25 | $3.6B | $26.0M | ||
| Q1 25 | $3.7B | $30.3M | ||
| Q4 24 | $4.7B | $34.4M | ||
| Q3 24 | — | $41.3M | ||
| Q2 24 | — | $23.1M | ||
| Q1 24 | — | $23.5M |
总债务CSGPDLX
| Q4 25 | $140.0M | — | ||
| Q3 25 | $1.0B | — | ||
| Q2 25 | $1.0B | — | ||
| Q1 25 | $1.0B | — | ||
| Q4 24 | $1.0B | — | ||
| Q3 24 | $1.0B | — | ||
| Q2 24 | $1.0B | — | ||
| Q1 24 | $1.0B | — |
股东权益CSGPDLX
| Q4 25 | $8.3B | $680.7M | ||
| Q3 25 | $8.6B | $664.1M | ||
| Q2 25 | $8.6B | $638.7M | ||
| Q1 25 | $8.6B | $622.5M | ||
| Q4 24 | $7.6B | $620.9M | ||
| Q3 24 | $7.5B | $612.7M | ||
| Q2 24 | $7.4B | $620.5M | ||
| Q1 24 | $7.3B | $608.4M |
总资产CSGPDLX
| Q4 25 | $10.5B | $2.9B | ||
| Q3 25 | $10.8B | $2.6B | ||
| Q2 25 | $10.5B | $2.5B | ||
| Q1 25 | $10.4B | $2.6B | ||
| Q4 24 | $9.3B | $2.8B | ||
| Q3 24 | $9.1B | $2.6B | ||
| Q2 24 | $9.1B | $2.7B | ||
| Q1 24 | $9.0B | $2.7B |
负债/权益比CSGPDLX
| Q4 25 | 0.02× | — | ||
| Q3 25 | 0.12× | — | ||
| Q2 25 | 0.12× | — | ||
| Q1 25 | 0.12× | — | ||
| Q4 24 | 0.13× | — | ||
| Q3 24 | 0.13× | — | ||
| Q2 24 | 0.14× | — | ||
| Q1 24 | 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 | $102.1M |
| 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× | 8.53× |
| 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CSGPDLX
| Q4 25 | $162.1M | $102.1M | ||
| Q3 25 | $68.2M | $67.1M | ||
| Q2 25 | $146.5M | $51.1M | ||
| Q1 25 | $53.2M | $50.3M | ||
| Q4 24 | $94.6M | $60.2M | ||
| Q3 24 | $100.3M | $67.9M | ||
| Q2 24 | $58.1M | $39.6M | ||
| Q1 24 | $139.6M | $26.6M |
自由现金流CSGPDLX
| Q4 25 | $101.3M | — | ||
| Q3 25 | $-5.5M | — | ||
| Q2 25 | $27.7M | $27.8M | ||
| Q1 25 | $-500.0K | $24.3M | ||
| Q4 24 | $25.2M | — | ||
| Q3 24 | $40.2M | $46.7M | ||
| Q2 24 | $-14.7M | $11.4M | ||
| Q1 24 | $-237.1M | $6.1M |
自由现金流率CSGPDLX
| Q4 25 | 11.3% | — | ||
| Q3 25 | -0.7% | — | ||
| Q2 25 | 3.5% | 5.3% | ||
| Q1 25 | -0.1% | 4.5% | ||
| Q4 24 | 3.6% | — | ||
| Q3 24 | 5.8% | 8.8% | ||
| Q2 24 | -2.2% | 2.1% | ||
| Q1 24 | -36.1% | 1.1% |
资本支出强度CSGPDLX
| Q4 25 | 6.8% | — | ||
| Q3 25 | 8.8% | — | ||
| Q2 25 | 15.2% | 4.5% | ||
| Q1 25 | 7.3% | 4.8% | ||
| Q4 24 | 9.8% | — | ||
| Q3 24 | 8.7% | 4.0% | ||
| Q2 24 | 10.7% | 5.2% | ||
| Q1 24 | 57.4% | 3.8% |
现金转化率CSGPDLX
| Q4 25 | 3.49× | 8.53× | ||
| Q3 25 | — | 1.99× | ||
| Q2 25 | 23.63× | 2.28× | ||
| Q1 25 | — | 3.59× | ||
| Q4 24 | 1.58× | 4.77× | ||
| Q3 24 | 1.89× | 7.60× | ||
| Q2 24 | 3.03× | 1.94× | ||
| Q1 24 | 20.84× | 2.46× |
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% |
DLX
| Services | $247.9M | 46% |
| B2B Payments | $76.3M | 14% |
| Datadrivenmarketingsolutions | $68.5M | 13% |
| Promotional Solutions Revenue | $60.9M | 11% |
| Treasurymanagementsolutions | $59.8M | 11% |
| Other | $17.3M | 3% |
| Other Web Based Solutions | $4.6M | 1% |
