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CoStar Group（CSGP）与LGI Homes, Inc.（LGIH）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LGI Homes, Inc.的1.9倍（$899.9M vs $474.0M），CoStar Group净利率更高（5.2% vs 3.7%，领先1.5%），CoStar Group同比增速更快（26.9% vs -15.0%），过去两年CoStar Group的营收复合增速更高（17.1% vs 10.1%）
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。
LGI Homes是一家总部位于美国得克萨斯州的新建住宅开发商，业务聚焦美国西南部地区。据《建筑商》杂志统计，该公司目前是美国第十大住宅建筑商，2019年共交付房屋7690套，较2018年增长18.1%，全年房屋销售营收达18亿美元，行业规模位居美国前列。
CSGP vs LGIH — 直观对比
营收规模更大
CSGP
是对方的1.9倍
$474.0M
营收增速更快
CSGP
高出41.8%
-15.0%
净利率更高
CSGP
高出1.5%
3.7%
两年增速更快
CSGP
近两年复合增速
10.1%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $899.9M | $474.0M |
| 净利润 | $46.5M | $17.3M |
| 毛利率 | 78.6% | 17.7% |
| 营业利润率 | 5.5% | 3.9% |
| 净利率 | 5.2% | 3.7% |
| 营收同比 | 26.9% | -15.0% |
| 净利润同比 | -22.2% | -66.0% |
| 每股收益（稀释后） | $0.12 | $0.74 |
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CSGPLGIH
| Q4 25 | $899.9M | $474.0M | ||
| Q3 25 | $833.6M | $396.6M | ||
| Q2 25 | $781.3M | $483.5M | ||
| Q1 25 | $732.2M | $351.4M | ||
| Q4 24 | $709.4M | $557.4M | ||
| Q3 24 | $692.6M | $651.9M | ||
| Q2 24 | $677.8M | $602.5M | ||
| Q1 24 | $656.4M | $390.9M |
净利润CSGPLGIH
| Q4 25 | $46.5M | $17.3M | ||
| Q3 25 | $-30.9M | $19.7M | ||
| Q2 25 | $6.2M | $31.5M | ||
| Q1 25 | $-14.8M | $4.0M | ||
| Q4 24 | $59.8M | $50.9M | ||
| Q3 24 | $53.0M | $69.6M | ||
| Q2 24 | $19.2M | $58.6M | ||
| Q1 24 | $6.7M | $17.1M |
毛利率CSGPLGIH
| Q4 25 | 78.6% | 17.7% | ||
| Q3 25 | 79.3% | 21.5% | ||
| Q2 25 | 78.5% | 22.9% | ||
| Q1 25 | 79.1% | 21.0% | ||
| Q4 24 | 80.1% | 22.9% | ||
| Q3 24 | 79.7% | 25.1% | ||
| Q2 24 | 80.0% | 25.0% | ||
| Q1 24 | 78.5% | 23.4% |
营业利润率CSGPLGIH
| Q4 25 | 5.5% | 3.9% | ||
| Q3 25 | -6.1% | 5.4% | ||
| Q2 25 | -3.5% | 8.2% | ||
| Q1 25 | -5.8% | 0.0% | ||
| Q4 24 | 5.6% | 8.2% | ||
| Q3 24 | 3.4% | 12.3% | ||
| Q2 24 | -2.4% | 11.2% | ||
| Q1 24 | -6.5% | 4.8% |
净利率CSGPLGIH
| Q4 25 | 5.2% | 3.7% | ||
| Q3 25 | -3.7% | 5.0% | ||
| Q2 25 | 0.8% | 6.5% | ||
| Q1 25 | -2.0% | 1.1% | ||
| Q4 24 | 8.4% | 9.1% | ||
| Q3 24 | 7.7% | 10.7% | ||
| Q2 24 | 2.8% | 9.7% | ||
| Q1 24 | 1.0% | 4.4% |
每股收益（稀释后）CSGPLGIH
| Q4 25 | $0.12 | $0.74 | ||
| Q3 25 | $-0.07 | $0.85 | ||
| Q2 25 | $0.01 | $1.36 | ||
| Q1 25 | $-0.04 | $0.17 | ||
| Q4 24 | $0.14 | $2.15 | ||
| Q3 24 | $0.13 | $2.95 | ||
| Q2 24 | $0.05 | $2.48 | ||
| Q1 24 | $0.02 | $0.72 |
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 | $1.7B |
| 股东权益账面价值 | $8.3B | $2.1B |
| 总资产 | $10.5B | $3.9B |
| 负债/权益比越低杠杆越低 | 0.02× | 0.79× |
8季度趋势，按日历期对齐
现金及短期投资CSGPLGIH
| Q4 25 | $1.6B | — | ||
| Q3 25 | $1.9B | — | ||
| Q2 25 | $3.6B | — | ||
| Q1 25 | $3.7B | — | ||
| Q4 24 | $4.7B | $53.2M | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
总债务CSGPLGIH
| Q4 25 | $140.0M | $1.7B | ||
| Q3 25 | $1.0B | — | ||
| Q2 25 | $1.0B | — | ||
| Q1 25 | $1.0B | — | ||
| Q4 24 | $1.0B | $1.5B | ||
| Q3 24 | $1.0B | — | ||
| Q2 24 | $1.0B | — | ||
| Q1 24 | $1.0B | — |
股东权益CSGPLGIH
| Q4 25 | $8.3B | $2.1B | ||
| Q3 25 | $8.6B | $2.1B | ||
| Q2 25 | $8.6B | $2.1B | ||
| Q1 25 | $8.6B | $2.0B | ||
| Q4 24 | $7.6B | $2.0B | ||
| Q3 24 | $7.5B | $2.0B | ||
| Q2 24 | $7.4B | $1.9B | ||
| Q1 24 | $7.3B | $1.9B |
总资产CSGPLGIH
| Q4 25 | $10.5B | $3.9B | ||
| Q3 25 | $10.8B | $4.0B | ||
| Q2 25 | $10.5B | $4.0B | ||
| Q1 25 | $10.4B | $3.9B | ||
| Q4 24 | $9.3B | $3.8B | ||
| Q3 24 | $9.1B | $3.8B | ||
| Q2 24 | $9.1B | $3.7B | ||
| Q1 24 | $9.0B | $3.5B |
负债/权益比CSGPLGIH
| Q4 25 | 0.02× | 0.79× | ||
| Q3 25 | 0.12× | — | ||
| Q2 25 | 0.12× | — | ||
| Q1 25 | 0.12× | — | ||
| Q4 24 | 0.13× | 0.73× | ||
| 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 | $86.8M |
| 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% | 0.0% |
| 现金转化率经营现金流/净利润 | 3.49× | 5.01× |
| 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CSGPLGIH
| Q4 25 | $162.1M | $86.8M | ||
| Q3 25 | $68.2M | $-13.2M | ||
| Q2 25 | $146.5M | $-86.4M | ||
| Q1 25 | $53.2M | $-127.1M | ||
| Q4 24 | $94.6M | $57.0M | ||
| Q3 24 | $100.3M | $-17.8M | ||
| Q2 24 | $58.1M | $-83.5M | ||
| Q1 24 | $139.6M | $-99.5M |
自由现金流CSGPLGIH
| Q4 25 | $101.3M | — | ||
| Q3 25 | $-5.5M | $-13.3M | ||
| Q2 25 | $27.7M | $-86.4M | ||
| Q1 25 | $-500.0K | $-128.0M | ||
| Q4 24 | $25.2M | $56.4M | ||
| Q3 24 | $40.2M | $-17.8M | ||
| Q2 24 | $-14.7M | $-83.8M | ||
| Q1 24 | $-237.1M | $-100.5M |
自由现金流率CSGPLGIH
| Q4 25 | 11.3% | — | ||
| Q3 25 | -0.7% | -3.3% | ||
| Q2 25 | 3.5% | -17.9% | ||
| Q1 25 | -0.1% | -36.4% | ||
| Q4 24 | 3.6% | 10.1% | ||
| Q3 24 | 5.8% | -2.7% | ||
| Q2 24 | -2.2% | -13.9% | ||
| Q1 24 | -36.1% | -25.7% |
资本支出强度CSGPLGIH
| Q4 25 | 6.8% | 0.0% | ||
| Q3 25 | 8.8% | 0.0% | ||
| Q2 25 | 15.2% | 0.0% | ||
| Q1 25 | 7.3% | 0.2% | ||
| Q4 24 | 9.8% | 0.1% | ||
| Q3 24 | 8.7% | 0.0% | ||
| Q2 24 | 10.7% | 0.0% | ||
| Q1 24 | 57.4% | 0.3% |
现金转化率CSGPLGIH
| Q4 25 | 3.49× | 5.01× | ||
| Q3 25 | — | -0.67× | ||
| Q2 25 | 23.63× | -2.74× | ||
| Q1 25 | — | -31.83× | ||
| Q4 24 | 1.58× | 1.12× | ||
| Q3 24 | 1.89× | -0.26× | ||
| Q2 24 | 3.03× | -1.43× | ||
| Q1 24 | 20.84× | -5.83× |
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% |
LGIH
| West Reportable Segment | $128.2M | 27% |
| Southeast Reportable Segment | $118.9M | 25% |
| Central Reportable Segment | $105.8M | 22% |
| Florida Reportable Segment | $69.2M | 15% |
| Northwest Reportable Segment | $51.8M | 11% |
