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CoStar Group（CSGP）与Loews Corporation（L）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Loews Corporation的1.1倍（$899.9M vs $827.0M），Loews Corporation净利率更高（48.6% vs 5.2%，领先43.4%），CoStar Group同比增速更快（26.9% vs 4.8%），Loews Corporation自由现金流更多（$426.0M vs $101.3M），过去两年CoStar Group的营收复合增速更高（17.1% vs 7.9%）
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。
Loews Corporation是一家总部位于美国的多元化综合企业集团，旗下子公司业务覆盖财产保险、天然气管道运输、酒店运营、油气勘探生产等核心领域，主要服务北美市场的商业、消费者及工业客户。
CSGP vs L — 直观对比
营收规模更大
CSGP
是对方的1.1倍
$827.0M
营收增速更快
CSGP
高出22.0%
4.8%
净利率更高
L
高出43.4%
5.2%
自由现金流更多
L
多$324.7M
$101.3M
两年增速更快
CSGP
近两年复合增速
7.9%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $899.9M | $827.0M |
| 净利润 | $46.5M | $402.0M |
| 毛利率 | 78.6% | — |
| 营业利润率 | 5.5% | 65.4% |
| 净利率 | 5.2% | 48.6% |
| 营收同比 | 26.9% | 4.8% |
| 净利润同比 | -22.2% | 115.0% |
| 每股收益（稀释后） | $0.12 | $1.93 |
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CSGPL
| Q4 25 | $899.9M | $827.0M | ||
| Q3 25 | $833.6M | $732.0M | ||
| Q2 25 | $781.3M | $769.0M | ||
| Q1 25 | $732.2M | $846.0M | ||
| Q4 24 | $709.4M | $789.0M | ||
| Q3 24 | $692.6M | $683.0M | ||
| Q2 24 | $677.8M | $711.0M | ||
| Q1 24 | $656.4M | $710.0M |
净利润CSGPL
| Q4 25 | $46.5M | $402.0M | ||
| Q3 25 | $-30.9M | $504.0M | ||
| Q2 25 | $6.2M | $391.0M | ||
| Q1 25 | $-14.8M | $370.0M | ||
| Q4 24 | $59.8M | $187.0M | ||
| Q3 24 | $53.0M | $401.0M | ||
| Q2 24 | $19.2M | $369.0M | ||
| Q1 24 | $6.7M | $457.0M |
毛利率CSGPL
| 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CSGPL
| Q4 25 | 5.5% | 65.4% | ||
| Q3 25 | -6.1% | 94.1% | ||
| Q2 25 | -3.5% | 70.1% | ||
| Q1 25 | -5.8% | 60.8% | ||
| Q4 24 | 5.6% | 23.8% | ||
| Q3 24 | 3.4% | 80.5% | ||
| Q2 24 | -2.4% | 71.3% | ||
| Q1 24 | -6.5% | 88.6% |
净利率CSGPL
| Q4 25 | 5.2% | 48.6% | ||
| Q3 25 | -3.7% | 68.9% | ||
| Q2 25 | 0.8% | 50.8% | ||
| Q1 25 | -2.0% | 43.7% | ||
| Q4 24 | 8.4% | 23.7% | ||
| Q3 24 | 7.7% | 58.7% | ||
| Q2 24 | 2.8% | 51.9% | ||
| Q1 24 | 1.0% | 64.4% |
每股收益（稀释后）CSGPL
| Q4 25 | $0.12 | $1.93 | ||
| Q3 25 | $-0.07 | $2.43 | ||
| Q2 25 | $0.01 | $1.87 | ||
| Q1 25 | $-0.04 | $1.74 | ||
| Q4 24 | $0.14 | $0.87 | ||
| Q3 24 | $0.13 | $1.82 | ||
| Q2 24 | $0.05 | $1.67 | ||
| Q1 24 | $0.02 | $2.05 |
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 | $6.0B |
| 总债务越低越好 | $140.0M | $8.4B |
| 股东权益账面价值 | $8.3B | $18.7B |
| 总资产 | $10.5B | $86.3B |
| 负债/权益比越低杠杆越低 | 0.02× | 0.45× |
8季度趋势，按日历期对齐
现金及短期投资CSGPL
| Q4 25 | $1.6B | $6.0B | ||
| Q3 25 | $1.9B | $5.4B | ||
| Q2 25 | $3.6B | $4.5B | ||
| Q1 25 | $3.7B | $4.4B | ||
| Q4 24 | $4.7B | $4.6B | ||
| Q3 24 | — | $5.2B | ||
| Q2 24 | — | $4.9B | ||
| Q1 24 | — | $5.4B |
总债务CSGPL
| Q4 25 | $140.0M | $8.4B | ||
| Q3 25 | $1.0B | $8.4B | ||
| Q2 25 | $1.0B | $7.9B | ||
| Q1 25 | $1.0B | $8.4B | ||
| Q4 24 | $1.0B | $8.9B | ||
| Q3 24 | $1.0B | $8.8B | ||
| Q2 24 | $1.0B | $8.6B | ||
| Q1 24 | $1.0B | $8.4B |
股东权益CSGPL
| Q4 25 | $8.3B | $18.7B | ||
| Q3 25 | $8.6B | $18.3B | ||
| Q2 25 | $8.6B | $17.5B | ||
| Q1 25 | $8.6B | $17.2B | ||
| Q4 24 | $7.6B | $17.1B | ||
| Q3 24 | $7.5B | $17.4B | ||
| Q2 24 | $7.4B | $16.4B | ||
| Q1 24 | $7.3B | $16.2B |
总资产CSGPL
| Q4 25 | $10.5B | $86.3B | ||
| Q3 25 | $10.8B | $85.9B | ||
| Q2 25 | $10.5B | $84.7B | ||
| Q1 25 | $10.4B | $83.1B | ||
| Q4 24 | $9.3B | $81.9B | ||
| Q3 24 | $9.1B | $83.6B | ||
| Q2 24 | $9.1B | $81.1B | ||
| Q1 24 | $9.0B | $80.9B |
负债/权益比CSGPL
| Q4 25 | 0.02× | 0.45× | ||
| Q3 25 | 0.12× | 0.46× | ||
| Q2 25 | 0.12× | 0.45× | ||
| Q1 25 | 0.12× | 0.49× | ||
| Q4 24 | 0.13× | 0.52× | ||
| Q3 24 | 0.13× | 0.51× | ||
| Q2 24 | 0.14× | 0.52× | ||
| Q1 24 | 0.14× | 0.52× |
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 | $617.0M |
| 自由现金流经营现金流 - 资本支出 | $101.3M | $426.0M |
| 自由现金流率自由现金流/营收 | 11.3% | 51.5% |
| 资本支出强度资本支出/营收 | 6.8% | 23.1% |
| 现金转化率经营现金流/净利润 | 3.49× | 1.53× |
| 过去12个月自由现金流最近4个季度 | $123.0M | $2.7B |
8季度趋势，按日历期对齐
经营现金流CSGPL
| Q4 25 | $162.1M | $617.0M | ||
| Q3 25 | $68.2M | $920.0M | ||
| Q2 25 | $146.5M | $1.0B | ||
| Q1 25 | $53.2M | $736.0M | ||
| Q4 24 | $94.6M | $941.0M | ||
| Q3 24 | $100.3M | $934.0M | ||
| Q2 24 | $58.1M | $952.0M | ||
| Q1 24 | $139.6M | $198.0M |
自由现金流CSGPL
| Q4 25 | $101.3M | $426.0M | ||
| Q3 25 | $-5.5M | $764.0M | ||
| Q2 25 | $27.7M | $872.0M | ||
| Q1 25 | $-500.0K | $638.0M | ||
| Q4 24 | $25.2M | $767.0M | ||
| Q3 24 | $40.2M | $794.0M | ||
| Q2 24 | $-14.7M | $793.0M | ||
| Q1 24 | $-237.1M | $39.0M |
自由现金流率CSGPL
| Q4 25 | 11.3% | 51.5% | ||
| Q3 25 | -0.7% | 104.4% | ||
| Q2 25 | 3.5% | 113.4% | ||
| Q1 25 | -0.1% | 75.4% | ||
| Q4 24 | 3.6% | 97.2% | ||
| Q3 24 | 5.8% | 116.3% | ||
| Q2 24 | -2.2% | 111.5% | ||
| Q1 24 | -36.1% | 5.5% |
资本支出强度CSGPL
| Q4 25 | 6.8% | 23.1% | ||
| Q3 25 | 8.8% | 21.3% | ||
| Q2 25 | 15.2% | 17.4% | ||
| Q1 25 | 7.3% | 11.6% | ||
| Q4 24 | 9.8% | 22.1% | ||
| Q3 24 | 8.7% | 20.5% | ||
| Q2 24 | 10.7% | 22.4% | ||
| Q1 24 | 57.4% | 22.4% |
现金转化率CSGPL
| Q4 25 | 3.49× | 1.53× | ||
| Q3 25 | — | 1.83× | ||
| Q2 25 | 23.63× | 2.57× | ||
| Q1 25 | — | 1.99× | ||
| Q4 24 | 1.58× | 5.03× | ||
| Q3 24 | 1.89× | 2.33× | ||
| Q2 24 | 3.03× | 2.58× | ||
| Q1 24 | 20.84× | 0.43× |
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% |
L
| Transportation And Storage Of Natural Gas And NG Ls And Ethane Supply And Transportation Services | $601.0M | 73% |
| Lodging And Related Services | $226.0M | 27% |
