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CoStar Group（CSGP）与KIRBY CORP（KEX）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KIRBY CORP的1.1倍（$899.9M vs $851.8M），KIRBY CORP净利率更高（10.8% vs 5.2%，领先5.6%），CoStar Group同比增速更快（26.9% vs 6.2%），KIRBY CORP自由现金流更多（$265.2M vs $101.3M），过去两年CoStar Group的营收复合增速更高（17.1% vs 2.7%）
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。
总部位于美国得克萨斯州休斯顿的Kirby Corporation是美国最大的罐驳船运营商，业务覆盖密西西比河水系、海湾沿岸航道、美国三大海岸沿线及阿拉斯加、夏威夷地区，主营通过罐驳船运输石化产品、黑油、精炼石油制品、农化产品，同时拥有并运营8组远洋驳船及拖船运输单元。
CSGP vs KEX — 直观对比
营收规模更大
CSGP
是对方的1.1倍
$851.8M
营收增速更快
CSGP
高出20.7%
6.2%
净利率更高
KEX
高出5.6%
5.2%
自由现金流更多
KEX
多$163.9M
$101.3M
两年增速更快
CSGP
近两年复合增速
2.7%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $899.9M | $851.8M |
| 净利润 | $46.5M | $91.8M |
| 毛利率 | 78.6% | — |
| 营业利润率 | 5.5% | 15.2% |
| 净利率 | 5.2% | 10.8% |
| 营收同比 | 26.9% | 6.2% |
| 净利润同比 | -22.2% | 114.4% |
| 每股收益（稀释后） | $0.12 | $1.68 |
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CSGPKEX
| Q4 25 | $899.9M | $851.8M | ||
| Q3 25 | $833.6M | $871.2M | ||
| Q2 25 | $781.3M | $855.5M | ||
| Q1 25 | $732.2M | $785.7M | ||
| Q4 24 | $709.4M | $802.3M | ||
| Q3 24 | $692.6M | $831.1M | ||
| Q2 24 | $677.8M | $824.4M | ||
| Q1 24 | $656.4M | $808.0M |
净利润CSGPKEX
| Q4 25 | $46.5M | $91.8M | ||
| Q3 25 | $-30.9M | $92.5M | ||
| Q2 25 | $6.2M | $94.3M | ||
| Q1 25 | $-14.8M | $76.0M | ||
| Q4 24 | $59.8M | $42.8M | ||
| Q3 24 | $53.0M | $90.0M | ||
| Q2 24 | $19.2M | $83.9M | ||
| Q1 24 | $6.7M | $70.1M |
毛利率CSGPKEX
| 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CSGPKEX
| Q4 25 | 5.5% | 15.2% | ||
| Q3 25 | -6.1% | 14.8% | ||
| Q2 25 | -3.5% | 15.4% | ||
| Q1 25 | -5.8% | 13.4% | ||
| Q4 24 | 5.6% | 6.3% | ||
| Q3 24 | 3.4% | 15.3% | ||
| Q2 24 | -2.4% | 14.6% | ||
| Q1 24 | -6.5% | 12.6% |
净利率CSGPKEX
| Q4 25 | 5.2% | 10.8% | ||
| Q3 25 | -3.7% | 10.6% | ||
| Q2 25 | 0.8% | 11.0% | ||
| Q1 25 | -2.0% | 9.7% | ||
| Q4 24 | 8.4% | 5.3% | ||
| Q3 24 | 7.7% | 10.8% | ||
| Q2 24 | 2.8% | 10.2% | ||
| Q1 24 | 1.0% | 8.7% |
每股收益（稀释后）CSGPKEX
| Q4 25 | $0.12 | $1.68 | ||
| Q3 25 | $-0.07 | $1.65 | ||
| Q2 25 | $0.01 | $1.67 | ||
| Q1 25 | $-0.04 | $1.33 | ||
| Q4 24 | $0.14 | $0.74 | ||
| Q3 24 | $0.13 | $1.55 | ||
| Q2 24 | $0.05 | $1.43 | ||
| Q1 24 | $0.02 | $1.19 |
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 | $78.8M |
| 总债务越低越好 | $140.0M | $919.3M |
| 股东权益账面价值 | $8.3B | $3.4B |
| 总资产 | $10.5B | $6.0B |
| 负债/权益比越低杠杆越低 | 0.02× | 0.27× |
8季度趋势，按日历期对齐
现金及短期投资CSGPKEX
| Q4 25 | $1.6B | $78.8M | ||
| Q3 25 | $1.9B | $47.0M | ||
| Q2 25 | $3.6B | $68.4M | ||
| Q1 25 | $3.7B | $51.1M | ||
| Q4 24 | $4.7B | $74.4M | ||
| Q3 24 | — | $67.1M | ||
| Q2 24 | — | $53.5M | ||
| Q1 24 | — | $75.2M |
总债务CSGPKEX
| Q4 25 | $140.0M | $919.3M | ||
| Q3 25 | $1.0B | $1.0B | ||
| Q2 25 | $1.0B | $1.1B | ||
| Q1 25 | $1.0B | $1.1B | ||
| Q4 24 | $1.0B | $874.9M | ||
| Q3 24 | $1.0B | $978.6M | ||
| Q2 24 | $1.0B | $1.0B | ||
| Q1 24 | $1.0B | $1.1B |
股东权益CSGPKEX
| Q4 25 | $8.3B | $3.4B | ||
| Q3 25 | $8.6B | $3.4B | ||
| Q2 25 | $8.6B | $3.4B | ||
| Q1 25 | $8.6B | $3.3B | ||
| Q4 24 | $7.6B | $3.4B | ||
| Q3 24 | $7.5B | $3.3B | ||
| Q2 24 | $7.4B | $3.3B | ||
| Q1 24 | $7.3B | $3.2B |
总资产CSGPKEX
| Q4 25 | $10.5B | $6.0B | ||
| Q3 25 | $10.8B | $6.1B | ||
| Q2 25 | $10.5B | $6.1B | ||
| Q1 25 | $10.4B | $6.0B | ||
| Q4 24 | $9.3B | $5.9B | ||
| Q3 24 | $9.1B | $5.9B | ||
| Q2 24 | $9.1B | $5.9B | ||
| Q1 24 | $9.0B | $5.8B |
负债/权益比CSGPKEX
| Q4 25 | 0.02× | 0.27× | ||
| Q3 25 | 0.12× | 0.31× | ||
| Q2 25 | 0.12× | 0.33× | ||
| Q1 25 | 0.12× | 0.33× | ||
| Q4 24 | 0.13× | 0.26× | ||
| Q3 24 | 0.13× | 0.30× | ||
| Q2 24 | 0.14× | 0.32× | ||
| Q1 24 | 0.14× | 0.33× |
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 | $312.2M |
| 自由现金流经营现金流 - 资本支出 | $101.3M | $265.2M |
| 自由现金流率自由现金流/营收 | 11.3% | 31.1% |
| 资本支出强度资本支出/营收 | 6.8% | 5.5% |
| 现金转化率经营现金流/净利润 | 3.49× | 3.40× |
| 过去12个月自由现金流最近4个季度 | $123.0M | $405.7M |
8季度趋势，按日历期对齐
经营现金流CSGPKEX
| Q4 25 | $162.1M | $312.2M | ||
| Q3 25 | $68.2M | $227.5M | ||
| Q2 25 | $146.5M | $93.9M | ||
| Q1 25 | $53.2M | $36.5M | ||
| Q4 24 | $94.6M | $247.4M | ||
| Q3 24 | $100.3M | $206.5M | ||
| Q2 24 | $58.1M | $179.3M | ||
| Q1 24 | $139.6M | $123.3M |
自由现金流CSGPKEX
| Q4 25 | $101.3M | $265.2M | ||
| Q3 25 | $-5.5M | $160.3M | ||
| Q2 25 | $27.7M | $22.4M | ||
| Q1 25 | $-500.0K | $-42.1M | ||
| Q4 24 | $25.2M | $150.7M | ||
| Q3 24 | $40.2M | $130.1M | ||
| Q2 24 | $-14.7M | $90.8M | ||
| Q1 24 | $-237.1M | $42.2M |
自由现金流率CSGPKEX
| Q4 25 | 11.3% | 31.1% | ||
| Q3 25 | -0.7% | 18.4% | ||
| Q2 25 | 3.5% | 2.6% | ||
| Q1 25 | -0.1% | -5.4% | ||
| Q4 24 | 3.6% | 18.8% | ||
| Q3 24 | 5.8% | 15.7% | ||
| Q2 24 | -2.2% | 11.0% | ||
| Q1 24 | -36.1% | 5.2% |
资本支出强度CSGPKEX
| Q4 25 | 6.8% | 5.5% | ||
| Q3 25 | 8.8% | 7.7% | ||
| Q2 25 | 15.2% | 8.4% | ||
| Q1 25 | 7.3% | 10.0% | ||
| Q4 24 | 9.8% | 12.0% | ||
| Q3 24 | 8.7% | 9.2% | ||
| Q2 24 | 10.7% | 10.7% | ||
| Q1 24 | 57.4% | 10.0% |
现金转化率CSGPKEX
| Q4 25 | 3.49× | 3.40× | ||
| Q3 25 | — | 2.46× | ||
| Q2 25 | 23.63× | 1.00× | ||
| Q1 25 | — | 0.48× | ||
| Q4 24 | 1.58× | 5.78× | ||
| Q3 24 | 1.89× | 2.30× | ||
| Q2 24 | 3.03× | 2.14× | ||
| Q1 24 | 20.84× | 1.76× |
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% |
KEX
| Inland Transportation | $379.2M | 45% |
| Power Generation | $191.1M | 22% |
| Commercial And Industrial | $149.4M | 18% |
| Coastal Transportation | $102.5M | 12% |
| Oil And Gas | $29.6M | 3% |
