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CoStar Group（CSGP）与FirstCash Holdings, Inc.（FCFS）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FirstCash Holdings, Inc.的1.8倍（$899.9M vs $501.3M），FirstCash Holdings, Inc.净利率更高（20.8% vs 5.2%，领先15.6%），CoStar Group同比增速更快（26.9% vs 21.2%），过去两年CoStar Group的营收复合增速更高（17.1% vs 16.9%）
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。
FirstCash Holdings, Inc.是总部位于美国得克萨斯州沃斯堡的典当企业，在美国及拉丁美洲多地运营线下典当零售门店，为纳斯达克证券交易所公开上市企业，在美洲典当服务领域拥有成熟的业务布局与完善的运营网络。
CSGP vs FCFS — 直观对比
营收规模更大
CSGP
是对方的1.8倍
$501.3M
营收增速更快
CSGP
高出5.7%
21.2%
净利率更高
FCFS
高出15.6%
5.2%
两年增速更快
CSGP
近两年复合增速
16.9%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $899.9M | $501.3M |
| 净利润 | $46.5M | $104.2M |
| 毛利率 | 78.6% | — |
| 营业利润率 | 5.5% | 28.5% |
| 净利率 | 5.2% | 20.8% |
| 营收同比 | 26.9% | 21.2% |
| 净利润同比 | -22.2% | 24.7% |
| 每股收益（稀释后） | $0.12 | $2.35 |
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CSGPFCFS
| Q4 25 | $899.9M | $501.3M | ||
| Q3 25 | $833.6M | $411.0M | ||
| Q2 25 | $781.3M | $385.1M | ||
| Q1 25 | $732.2M | $371.1M | ||
| Q4 24 | $709.4M | $413.7M | ||
| Q3 24 | $692.6M | $363.1M | ||
| Q2 24 | $677.8M | $363.5M | ||
| Q1 24 | $656.4M | $366.8M |
净利润CSGPFCFS
| Q4 25 | $46.5M | $104.2M | ||
| Q3 25 | $-30.9M | $82.8M | ||
| Q2 25 | $6.2M | $59.8M | ||
| Q1 25 | $-14.8M | $83.6M | ||
| Q4 24 | $59.8M | $83.5M | ||
| Q3 24 | $53.0M | $64.8M | ||
| Q2 24 | $19.2M | $49.1M | ||
| Q1 24 | $6.7M | $61.4M |
毛利率CSGPFCFS
| 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CSGPFCFS
| Q4 25 | 5.5% | 28.5% | ||
| Q3 25 | -6.1% | 27.4% | ||
| Q2 25 | -3.5% | 21.1% | ||
| Q1 25 | -5.8% | 30.0% | ||
| Q4 24 | 5.6% | 26.5% | ||
| Q3 24 | 3.4% | 23.5% | ||
| Q2 24 | -2.4% | 18.2% | ||
| Q1 24 | -6.5% | 22.3% |
净利率CSGPFCFS
| Q4 25 | 5.2% | 20.8% | ||
| Q3 25 | -3.7% | 20.1% | ||
| Q2 25 | 0.8% | 15.5% | ||
| Q1 25 | -2.0% | 22.5% | ||
| Q4 24 | 8.4% | 20.2% | ||
| Q3 24 | 7.7% | 17.9% | ||
| Q2 24 | 2.8% | 13.5% | ||
| Q1 24 | 1.0% | 16.7% |
每股收益（稀释后）CSGPFCFS
| Q4 25 | $0.12 | $2.35 | ||
| Q3 25 | $-0.07 | $1.86 | ||
| Q2 25 | $0.01 | $1.34 | ||
| Q1 25 | $-0.04 | $1.87 | ||
| Q4 24 | $0.14 | $1.86 | ||
| Q3 24 | $0.13 | $1.44 | ||
| Q2 24 | $0.05 | $1.08 | ||
| Q1 24 | $0.02 | $1.35 |
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 | $125.2M |
| 总债务越低越好 | $140.0M | $2.2B |
| 股东权益账面价值 | $8.3B | $2.3B |
| 总资产 | $10.5B | $5.3B |
| 负债/权益比越低杠杆越低 | 0.02× | 0.98× |
8季度趋势，按日历期对齐
现金及短期投资CSGPFCFS
| Q4 25 | $1.6B | $125.2M | ||
| Q3 25 | $1.9B | $130.2M | ||
| Q2 25 | $3.6B | $101.5M | ||
| Q1 25 | $3.7B | $146.0M | ||
| Q4 24 | $4.7B | $175.1M | ||
| Q3 24 | — | $106.3M | ||
| Q2 24 | — | $113.7M | ||
| Q1 24 | — | $135.1M |
总债务CSGPFCFS
| Q4 25 | $140.0M | $2.2B | ||
| Q3 25 | $1.0B | $2.2B | ||
| Q2 25 | $1.0B | $1.7B | ||
| Q1 25 | $1.0B | $1.7B | ||
| Q4 24 | $1.0B | $1.7B | ||
| Q3 24 | $1.0B | $1.7B | ||
| Q2 24 | $1.0B | $1.7B | ||
| Q1 24 | $1.0B | $1.5B |
股东权益CSGPFCFS
| Q4 25 | $8.3B | $2.3B | ||
| Q3 25 | $8.6B | $2.2B | ||
| Q2 25 | $8.6B | $2.1B | ||
| Q1 25 | $8.6B | $2.1B | ||
| Q4 24 | $7.6B | $2.1B | ||
| Q3 24 | $7.5B | $2.0B | ||
| Q2 24 | $7.4B | $2.0B | ||
| Q1 24 | $7.3B | $2.0B |
总资产CSGPFCFS
| Q4 25 | $10.5B | $5.3B | ||
| Q3 25 | $10.8B | $5.2B | ||
| Q2 25 | $10.5B | $4.5B | ||
| Q1 25 | $10.4B | $4.4B | ||
| Q4 24 | $9.3B | $4.5B | ||
| Q3 24 | $9.1B | $4.4B | ||
| Q2 24 | $9.1B | $4.3B | ||
| Q1 24 | $9.0B | $4.2B |
负债/权益比CSGPFCFS
| Q4 25 | 0.02× | 0.98× | ||
| Q3 25 | 0.12× | 1.01× | ||
| Q2 25 | 0.12× | 0.79× | ||
| Q1 25 | 0.12× | 0.83× | ||
| Q4 24 | 0.13× | 0.85× | ||
| Q3 24 | 0.13× | 0.87× | ||
| Q2 24 | 0.14× | 0.85× | ||
| Q1 24 | 0.14× | 0.75× |
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 | $206.6M |
| 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× | 1.98× |
| 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CSGPFCFS
| Q4 25 | $162.1M | $206.6M | ||
| Q3 25 | $68.2M | $135.8M | ||
| Q2 25 | $146.5M | $116.9M | ||
| Q1 25 | $53.2M | $126.6M | ||
| Q4 24 | $94.6M | $198.1M | ||
| Q3 24 | $100.3M | $113.1M | ||
| Q2 24 | $58.1M | $106.2M | ||
| Q1 24 | $139.6M | $122.5M |
自由现金流CSGPFCFS
| 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CSGPFCFS
| 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CSGPFCFS
| 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CSGPFCFS
| Q4 25 | 3.49× | 1.98× | ||
| Q3 25 | — | 1.64× | ||
| Q2 25 | 23.63× | 1.95× | ||
| Q1 25 | — | 1.51× | ||
| Q4 24 | 1.58× | 2.37× | ||
| Q3 24 | 1.89× | 1.74× | ||
| Q2 24 | 3.03× | 2.16× | ||
| Q1 24 | 20.84× | 2.00× |
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% |
FCFS
| US Pawn Segment | $292.2M | 58% |
| Retail POS Payment Solutions | $209.8M | 42% |
