vs
CoStar Group（CSGP）与IES Holdings, Inc.（IESC）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IES Holdings, Inc.的1.0倍（$899.9M vs $871.0M），IES Holdings, Inc.净利率更高（10.5% vs 5.2%，领先5.4%），CoStar Group同比增速更快（26.9% vs 16.2%），CoStar Group自由现金流更多（$101.3M vs $-18.9M），过去两年CoStar Group的营收复合增速更高（17.1% vs 11.1%）
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。
IES Holdings, Inc.前身为Integrated Electrical Services, Inc.，主营业务为集成电气及技术系统的设计与安装，同时面向数据中心、住宅、商业和工业设施等多元终端市场提供基础设施类产品及相关服务。
CSGP vs IESC — 直观对比
营收规模更大
CSGP
是对方的1.0倍
$871.0M
营收增速更快
CSGP
高出10.7%
16.2%
净利率更高
IESC
高出5.4%
5.2%
自由现金流更多
CSGP
多$120.2M
$-18.9M
两年增速更快
CSGP
近两年复合增速
11.1%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $899.9M | $871.0M |
| 净利润 | $46.5M | $91.8M |
| 毛利率 | 78.6% | 25.3% |
| 营业利润率 | 5.5% | 11.2% |
| 净利率 | 5.2% | 10.5% |
| 营收同比 | 26.9% | 16.2% |
| 净利润同比 | -22.2% | 59.1% |
| 每股收益（稀释后） | $0.12 | $4.51 |
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CSGPIESC
| Q4 25 | $899.9M | $871.0M | ||
| Q3 25 | $833.6M | $897.8M | ||
| Q2 25 | $781.3M | $890.2M | ||
| Q1 25 | $732.2M | $834.0M | ||
| Q4 24 | $709.4M | $749.5M | ||
| Q3 24 | $692.6M | $775.8M | ||
| Q2 24 | $677.8M | $768.4M | ||
| Q1 24 | $656.4M | $705.7M |
净利润CSGPIESC
| Q4 25 | $46.5M | $91.8M | ||
| Q3 25 | $-30.9M | $102.3M | ||
| Q2 25 | $6.2M | $79.3M | ||
| Q1 25 | $-14.8M | $72.6M | ||
| Q4 24 | $59.8M | $57.7M | ||
| Q3 24 | $53.0M | $65.5M | ||
| Q2 24 | $19.2M | $66.6M | ||
| Q1 24 | $6.7M | $56.8M |
毛利率CSGPIESC
| Q4 25 | 78.6% | 25.3% | ||
| Q3 25 | 79.3% | 26.0% | ||
| Q2 25 | 78.5% | 26.9% | ||
| Q1 25 | 79.1% | 25.0% | ||
| Q4 24 | 80.1% | 23.8% | ||
| Q3 24 | 79.7% | 24.0% | ||
| Q2 24 | 80.0% | 25.3% | ||
| Q1 24 | 78.5% | 24.3% |
营业利润率CSGPIESC
| Q4 25 | 5.5% | 11.2% | ||
| Q3 25 | -6.1% | 11.6% | ||
| Q2 25 | -3.5% | 12.6% | ||
| Q1 25 | -5.8% | 11.1% | ||
| Q4 24 | 5.6% | 10.0% | ||
| Q3 24 | 3.4% | 9.7% | ||
| Q2 24 | -2.4% | 11.7% | ||
| Q1 24 | -6.5% | 11.0% |
净利率CSGPIESC
| Q4 25 | 5.2% | 10.5% | ||
| Q3 25 | -3.7% | 11.4% | ||
| Q2 25 | 0.8% | 8.9% | ||
| Q1 25 | -2.0% | 8.7% | ||
| Q4 24 | 8.4% | 7.7% | ||
| Q3 24 | 7.7% | 8.4% | ||
| Q2 24 | 2.8% | 8.7% | ||
| Q1 24 | 1.0% | 8.0% |
每股收益（稀释后）CSGPIESC
| Q4 25 | $0.12 | $4.51 | ||
| Q3 25 | $-0.07 | $4.99 | ||
| Q2 25 | $0.01 | $3.81 | ||
| Q1 25 | $-0.04 | $3.50 | ||
| Q4 24 | $0.14 | $2.72 | ||
| Q3 24 | $0.13 | $3.06 | ||
| Q2 24 | $0.05 | $2.67 | ||
| Q1 24 | $0.02 | $2.29 |
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 | $258.7M |
| 总债务越低越好 | $140.0M | — |
| 股东权益账面价值 | $8.3B | $961.1M |
| 总资产 | $10.5B | $1.7B |
| 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CSGPIESC
| Q4 25 | $1.6B | $258.7M | ||
| Q3 25 | $1.9B | $231.8M | ||
| Q2 25 | $3.6B | $168.3M | ||
| Q1 25 | $3.7B | $88.3M | ||
| Q4 24 | $4.7B | $112.0M | ||
| Q3 24 | — | $135.8M | ||
| Q2 24 | — | $44.9M | ||
| Q1 24 | — | $106.0M |
总债务CSGPIESC
| 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CSGPIESC
| Q4 25 | $8.3B | $961.1M | ||
| Q3 25 | $8.6B | $884.0M | ||
| Q2 25 | $8.6B | $781.4M | ||
| Q1 25 | $8.6B | $705.8M | ||
| Q4 24 | $7.6B | $652.4M | ||
| Q3 24 | $7.5B | $611.1M | ||
| Q2 24 | $7.4B | $567.5M | ||
| Q1 24 | $7.3B | $534.8M |
总资产CSGPIESC
| Q4 25 | $10.5B | $1.7B | ||
| Q3 25 | $10.8B | $1.6B | ||
| Q2 25 | $10.5B | $1.5B | ||
| Q1 25 | $10.4B | $1.4B | ||
| Q4 24 | $9.3B | $1.3B | ||
| Q3 24 | $9.1B | $1.2B | ||
| Q2 24 | $9.1B | $1.2B | ||
| Q1 24 | $9.0B | $1.1B |
负债/权益比CSGPIESC
| 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 | $27.7M |
| 自由现金流经营现金流 - 资本支出 | $101.3M | $-18.9M |
| 自由现金流率自由现金流/营收 | 11.3% | -2.2% |
| 资本支出强度资本支出/营收 | 6.8% | 5.3% |
| 现金转化率经营现金流/净利润 | 3.49× | 0.30× |
| 过去12个月自由现金流最近4个季度 | $123.0M | $175.9M |
8季度趋势，按日历期对齐
经营现金流CSGPIESC
| Q4 25 | $162.1M | $27.7M | ||
| Q3 25 | $68.2M | $132.0M | ||
| Q2 25 | $146.5M | $92.0M | ||
| Q1 25 | $53.2M | $24.8M | ||
| Q4 24 | $94.6M | $37.3M | ||
| Q3 24 | $100.3M | $92.8M | ||
| Q2 24 | $58.1M | $82.9M | ||
| Q1 24 | $139.6M | $33.7M |
自由现金流CSGPIESC
| Q4 25 | $101.3M | $-18.9M | ||
| Q3 25 | $-5.5M | $112.0M | ||
| Q2 25 | $27.7M | $74.8M | ||
| Q1 25 | $-500.0K | $7.9M | ||
| Q4 24 | $25.2M | $24.1M | ||
| Q3 24 | $40.2M | $78.5M | ||
| Q2 24 | $-14.7M | $65.4M | ||
| Q1 24 | $-237.1M | $26.9M |
自由现金流率CSGPIESC
| Q4 25 | 11.3% | -2.2% | ||
| Q3 25 | -0.7% | 12.5% | ||
| Q2 25 | 3.5% | 8.4% | ||
| Q1 25 | -0.1% | 0.9% | ||
| Q4 24 | 3.6% | 3.2% | ||
| Q3 24 | 5.8% | 10.1% | ||
| Q2 24 | -2.2% | 8.5% | ||
| Q1 24 | -36.1% | 3.8% |
资本支出强度CSGPIESC
| Q4 25 | 6.8% | 5.3% | ||
| Q3 25 | 8.8% | 2.2% | ||
| Q2 25 | 15.2% | 1.9% | ||
| Q1 25 | 7.3% | 2.0% | ||
| Q4 24 | 9.8% | 1.8% | ||
| Q3 24 | 8.7% | 1.8% | ||
| Q2 24 | 10.7% | 2.3% | ||
| Q1 24 | 57.4% | 1.0% |
现金转化率CSGPIESC
| Q4 25 | 3.49× | 0.30× | ||
| Q3 25 | — | 1.29× | ||
| Q2 25 | 23.63× | 1.16× | ||
| Q1 25 | — | 0.34× | ||
| Q4 24 | 1.58× | 0.65× | ||
| Q3 24 | 1.89× | 1.42× | ||
| Q2 24 | 3.03× | 1.24× | ||
| Q1 24 | 20.84× | 0.59× |
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% |
IESC
| Communications | $351.9M | 40% |
| Single Family Electrical Contracts | $137.0M | 16% |
| Custom Engineered Solutions | $116.0M | 13% |
| Commercialand Industrial | $94.8M | 11% |
| Single Family Contracts Plumbing HVAC | $82.9M | 10% |
| Multi Familyand Other | $64.2M | 7% |
| Industrial Services | $24.2M | 3% |
