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CoStar Group（CSGP）与KB HOME（KBH）财务数据对比。点击上方公司名可切换其他公司
KB HOME的季度营收约是CoStar Group的1.9倍（$1.7B vs $899.9M），KB HOME净利率更高（6.0% vs 5.2%，领先0.8%），CoStar Group同比增速更快（26.9% vs -15.3%），KB HOME自由现金流更多（$290.1M vs $101.3M），过去两年CoStar Group的营收复合增速更高（17.1% vs 7.4%）
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。
KB Home是美国知名住宅建造企业，1957年于密歇根州底特律成立，前身为Kaufman & Broad，是首家在纽约证券交易所上市的住宅建造商，总部现位于加利福尼亚州洛杉矶。
CSGP vs KBH — 直观对比
营收规模更大
KBH
是对方的1.9倍
$899.9M
营收增速更快
CSGP
高出42.1%
-15.3%
净利率更高
KBH
高出0.8%
5.2%
自由现金流更多
KBH
多$188.8M
$101.3M
两年增速更快
CSGP
近两年复合增速
7.4%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $899.9M | $1.7B |
| 净利润 | $46.5M | $101.5M |
| 毛利率 | 78.6% | — |
| 营业利润率 | 5.5% | — |
| 净利率 | 5.2% | 6.0% |
| 营收同比 | 26.9% | -15.3% |
| 净利润同比 | -22.2% | -46.7% |
| 每股收益（稀释后） | $0.12 | $1.55 |
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CSGPKBH
| Q4 25 | $899.9M | $1.7B | ||
| Q3 25 | $833.6M | $1.6B | ||
| Q2 25 | $781.3M | $1.5B | ||
| Q1 25 | $732.2M | $1.4B | ||
| Q4 24 | $709.4M | $2.0B | ||
| Q3 24 | $692.6M | $1.8B | ||
| Q2 24 | $677.8M | $1.7B | ||
| Q1 24 | $656.4M | $1.5B |
净利润CSGPKBH
| Q4 25 | $46.5M | $101.5M | ||
| Q3 25 | $-30.9M | $109.8M | ||
| Q2 25 | $6.2M | $107.9M | ||
| Q1 25 | $-14.8M | $109.6M | ||
| Q4 24 | $59.8M | $190.6M | ||
| Q3 24 | $53.0M | $157.3M | ||
| Q2 24 | $19.2M | $168.4M | ||
| Q1 24 | $6.7M | $138.7M |
毛利率CSGPKBH
| 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CSGPKBH
| Q4 25 | 5.5% | — | ||
| Q3 25 | -6.1% | — | ||
| Q2 25 | -3.5% | — | ||
| Q1 25 | -5.8% | — | ||
| Q4 24 | 5.6% | — | ||
| Q3 24 | 3.4% | — | ||
| Q2 24 | -2.4% | — | ||
| Q1 24 | -6.5% | — |
净利率CSGPKBH
| Q4 25 | 5.2% | 6.0% | ||
| Q3 25 | -3.7% | 6.8% | ||
| Q2 25 | 0.8% | 7.1% | ||
| Q1 25 | -2.0% | 7.9% | ||
| Q4 24 | 8.4% | 9.5% | ||
| Q3 24 | 7.7% | 9.0% | ||
| Q2 24 | 2.8% | 9.9% | ||
| Q1 24 | 1.0% | 9.4% |
每股收益（稀释后）CSGPKBH
| Q4 25 | $0.12 | $1.55 | ||
| Q3 25 | $-0.07 | $1.61 | ||
| Q2 25 | $0.01 | $1.50 | ||
| Q1 25 | $-0.04 | $1.49 | ||
| Q4 24 | $0.14 | $2.50 | ||
| Q3 24 | $0.13 | $2.04 | ||
| Q2 24 | $0.05 | $2.15 | ||
| Q1 24 | $0.02 | $1.76 |
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 | — |
| 股东权益账面价值 | $8.3B | $3.9B |
| 总资产 | $10.5B | $6.7B |
| 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CSGPKBH
| Q4 25 | $1.6B | — | ||
| Q3 25 | $1.9B | — | ||
| Q2 25 | $3.6B | — | ||
| Q1 25 | $3.7B | — | ||
| Q4 24 | $4.7B | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
总债务CSGPKBH
| 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CSGPKBH
| Q4 25 | $8.3B | $3.9B | ||
| Q3 25 | $8.6B | $3.9B | ||
| Q2 25 | $8.6B | $4.0B | ||
| Q1 25 | $8.6B | $4.1B | ||
| Q4 24 | $7.6B | $4.1B | ||
| Q3 24 | $7.5B | $4.0B | ||
| Q2 24 | $7.4B | $4.0B | ||
| Q1 24 | $7.3B | $3.9B |
总资产CSGPKBH
| Q4 25 | $10.5B | $6.7B | ||
| Q3 25 | $10.8B | $7.0B | ||
| Q2 25 | $10.5B | $7.0B | ||
| Q1 25 | $10.4B | $7.0B | ||
| Q4 24 | $9.3B | $6.9B | ||
| Q3 24 | $9.1B | $6.8B | ||
| Q2 24 | $9.1B | $6.8B | ||
| Q1 24 | $9.0B | $6.7B |
负债/权益比CSGPKBH
| 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 | $303.8M |
| 自由现金流经营现金流 - 资本支出 | $101.3M | $290.1M |
| 自由现金流率自由现金流/营收 | 11.3% | 17.1% |
| 资本支出强度资本支出/营收 | 6.8% | 0.8% |
| 现金转化率经营现金流/净利润 | 3.49× | 2.99× |
| 过去12个月自由现金流最近4个季度 | $123.0M | $287.3M |
8季度趋势，按日历期对齐
经营现金流CSGPKBH
| Q4 25 | $162.1M | $303.8M | ||
| Q3 25 | $68.2M | $197.7M | ||
| Q2 25 | $146.5M | $168.4M | ||
| Q1 25 | $53.2M | $-334.3M | ||
| Q4 24 | $94.6M | $362.6M | ||
| Q3 24 | $100.3M | $-89.9M | ||
| Q2 24 | $58.1M | $61.5M | ||
| Q1 24 | $139.6M | $28.5M |
自由现金流CSGPKBH
| Q4 25 | $101.3M | $290.1M | ||
| Q3 25 | $-5.5M | $185.8M | ||
| Q2 25 | $27.7M | $156.9M | ||
| Q1 25 | $-500.0K | $-345.5M | ||
| Q4 24 | $25.2M | $352.6M | ||
| Q3 24 | $40.2M | $-99.4M | ||
| Q2 24 | $-14.7M | $51.2M | ||
| Q1 24 | $-237.1M | $19.1M |
自由现金流率CSGPKBH
| Q4 25 | 11.3% | 17.1% | ||
| Q3 25 | -0.7% | 11.5% | ||
| Q2 25 | 3.5% | 10.3% | ||
| Q1 25 | -0.1% | -24.8% | ||
| Q4 24 | 3.6% | 17.6% | ||
| Q3 24 | 5.8% | -5.7% | ||
| Q2 24 | -2.2% | 3.0% | ||
| Q1 24 | -36.1% | 1.3% |
资本支出强度CSGPKBH
| Q4 25 | 6.8% | 0.8% | ||
| Q3 25 | 8.8% | 0.7% | ||
| Q2 25 | 15.2% | 0.8% | ||
| Q1 25 | 7.3% | 0.8% | ||
| Q4 24 | 9.8% | 0.5% | ||
| Q3 24 | 8.7% | 0.5% | ||
| Q2 24 | 10.7% | 0.6% | ||
| Q1 24 | 57.4% | 0.6% |
现金转化率CSGPKBH
| Q4 25 | 3.49× | 2.99× | ||
| Q3 25 | — | 1.80× | ||
| Q2 25 | 23.63× | 1.56× | ||
| Q1 25 | — | -3.05× | ||
| Q4 24 | 1.58× | 1.90× | ||
| Q3 24 | 1.89× | -0.57× | ||
| Q2 24 | 3.03× | 0.37× | ||
| Q1 24 | 20.84× | 0.21× |
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% |
KBH
| Home Building | $1.7B | 99% |
| Financial Service | $8.7M | 1% |
