vs
CoStar Group（CSGP）与蓝威斯顿（LW）财务数据对比。点击上方公司名可切换其他公司
蓝威斯顿的季度营收约是CoStar Group的1.7倍（$1.6B vs $899.9M），CoStar Group净利率更高（5.2% vs 3.5%，领先1.7%），CoStar Group同比增速更快（26.9% vs 2.9%），CoStar Group自由现金流更多（$101.3M vs $-36.3M），过去两年CoStar Group的营收复合增速更高（17.1% vs -1.5%）
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。
蓝威斯顿控股是美国食品加工企业，为全球规模最大的冷冻薯条、华夫薯条及其他冷冻马铃薯制品的生产商与加工商之一，总部坐落于爱达荷州博伊西市郊的伊格尔市。
CSGP vs LW — 直观对比
营收规模更大
LW
是对方的1.7倍
$899.9M
营收增速更快
CSGP
高出23.9%
2.9%
净利率更高
CSGP
高出1.7%
3.5%
自由现金流更多
CSGP
多$137.6M
$-36.3M
两年增速更快
CSGP
近两年复合增速
-1.5%
损益表 — Q4 FY2025 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $899.9M | $1.6B |
| 净利润 | $46.5M | $54.0M |
| 毛利率 | 78.6% | 21.2% |
| 营业利润率 | 5.5% | 8.1% |
| 净利率 | 5.2% | 3.5% |
| 营收同比 | 26.9% | 2.9% |
| 净利润同比 | -22.2% | -63.0% |
| 每股收益（稀释后） | $0.12 | $0.39 |
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CSGPLW
| Q1 26 | — | $1.6B | ||
| Q4 25 | $899.9M | $1.6B | ||
| Q3 25 | $833.6M | $1.7B | ||
| Q2 25 | $781.3M | $1.7B | ||
| Q1 25 | $732.2M | $1.5B | ||
| Q4 24 | $709.4M | $1.6B | ||
| Q3 24 | $692.6M | $1.7B | ||
| Q2 24 | $677.8M | $1.6B |
净利润CSGPLW
| Q1 26 | — | $54.0M | ||
| Q4 25 | $46.5M | $62.1M | ||
| Q3 25 | $-30.9M | $64.3M | ||
| Q2 25 | $6.2M | $119.9M | ||
| Q1 25 | $-14.8M | $146.0M | ||
| Q4 24 | $59.8M | $-36.1M | ||
| Q3 24 | $53.0M | $127.4M | ||
| Q2 24 | $19.2M | $129.6M |
毛利率CSGPLW
| Q1 26 | — | 21.2% | ||
| Q4 25 | 78.6% | 20.0% | ||
| Q3 25 | 79.3% | 20.6% | ||
| Q2 25 | 78.5% | 20.4% | ||
| Q1 25 | 79.1% | 27.8% | ||
| Q4 24 | 80.1% | 17.4% | ||
| Q3 24 | 79.7% | 21.5% | ||
| Q2 24 | 80.0% | 24.1% |
营业利润率CSGPLW
| Q1 26 | — | 8.1% | ||
| Q4 25 | 5.5% | 8.6% | ||
| Q3 25 | -6.1% | 9.4% | ||
| Q2 25 | -3.5% | 11.1% | ||
| Q1 25 | -5.8% | 16.4% | ||
| Q4 24 | 5.6% | 1.2% | ||
| Q3 24 | 3.4% | 12.8% | ||
| Q2 24 | -2.4% | 13.2% |
净利率CSGPLW
| Q1 26 | — | 3.5% | ||
| Q4 25 | 5.2% | 3.8% | ||
| Q3 25 | -3.7% | 3.9% | ||
| Q2 25 | 0.8% | 7.2% | ||
| Q1 25 | -2.0% | 9.6% | ||
| Q4 24 | 8.4% | -2.3% | ||
| Q3 24 | 7.7% | 7.7% | ||
| Q2 24 | 2.8% | 8.0% |
每股收益（稀释后）CSGPLW
| Q1 26 | — | $0.39 | ||
| Q4 25 | $0.12 | $0.44 | ||
| Q3 25 | $-0.07 | $0.46 | ||
| Q2 25 | $0.01 | $0.84 | ||
| Q1 25 | $-0.04 | $1.03 | ||
| Q4 24 | $0.14 | $-0.25 | ||
| Q3 24 | $0.13 | $0.88 | ||
| Q2 24 | $0.05 | $0.89 |
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 | $57.5M |
| 总债务越低越好 | $140.0M | $3.6B |
| 股东权益账面价值 | $8.3B | $1.8B |
| 总资产 | $10.5B | $7.4B |
| 负债/权益比越低杠杆越低 | 0.02× | 1.99× |
8季度趋势，按日历期对齐
现金及短期投资CSGPLW
| Q1 26 | — | $57.5M | ||
| Q4 25 | $1.6B | $82.7M | ||
| Q3 25 | $1.9B | $98.6M | ||
| Q2 25 | $3.6B | $70.7M | ||
| Q1 25 | $3.7B | $67.5M | ||
| Q4 24 | $4.7B | $79.0M | ||
| Q3 24 | — | $120.8M | ||
| Q2 24 | — | $71.4M |
总债务CSGPLW
| Q1 26 | — | $3.6B | ||
| Q4 25 | $140.0M | $3.6B | ||
| Q3 25 | $1.0B | $3.7B | ||
| Q2 25 | $1.0B | $3.7B | ||
| Q1 25 | $1.0B | $3.7B | ||
| Q4 24 | $1.0B | $3.7B | ||
| Q3 24 | $1.0B | $3.4B | ||
| Q2 24 | $1.0B | $3.4B |
股东权益CSGPLW
| Q1 26 | — | $1.8B | ||
| Q4 25 | $8.3B | $1.8B | ||
| Q3 25 | $8.6B | $1.8B | ||
| Q2 25 | $8.6B | $1.7B | ||
| Q1 25 | $8.6B | $1.6B | ||
| Q4 24 | $7.6B | $1.6B | ||
| Q3 24 | $7.5B | $1.8B | ||
| Q2 24 | $7.4B | $1.8B |
总资产CSGPLW
| Q1 26 | — | $7.4B | ||
| Q4 25 | $10.5B | $7.3B | ||
| Q3 25 | $10.8B | $7.2B | ||
| Q2 25 | $10.5B | $7.4B | ||
| Q1 25 | $10.4B | $7.4B | ||
| Q4 24 | $9.3B | $7.5B | ||
| Q3 24 | $9.1B | $7.5B | ||
| Q2 24 | $9.1B | $7.4B |
负债/权益比CSGPLW
| Q1 26 | — | 1.99× | ||
| Q4 25 | 0.02× | 2.08× | ||
| Q3 25 | 0.12× | 2.05× | ||
| Q2 25 | 0.12× | 2.12× | ||
| Q1 25 | 0.12× | 2.25× | ||
| Q4 24 | 0.13× | 2.26× | ||
| Q3 24 | 0.13× | 1.87× | ||
| Q2 24 | 0.14× | 1.92× |
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 | $65.2M |
| 自由现金流经营现金流 - 资本支出 | $101.3M | $-36.3M |
| 自由现金流率自由现金流/营收 | 11.3% | -2.3% |
| 资本支出强度资本支出/营收 | 6.8% | 6.5% |
| 现金转化率经营现金流/净利润 | 3.49× | 1.21× |
| 过去12个月自由现金流最近4个季度 | $123.0M | $569.2M |
8季度趋势，按日历期对齐
经营现金流CSGPLW
| Q1 26 | — | $65.2M | ||
| Q4 25 | $162.1M | $178.4M | ||
| Q3 25 | $68.2M | $352.0M | ||
| Q2 25 | $146.5M | $868.3M | ||
| Q1 25 | $53.2M | $56.0M | ||
| Q4 24 | $94.6M | $99.1M | ||
| Q3 24 | $100.3M | $330.2M | ||
| Q2 24 | $58.1M | $798.2M |
自由现金流CSGPLW
| Q1 26 | — | $-36.3M | ||
| Q4 25 | $101.3M | $101.0M | ||
| Q3 25 | $-5.5M | $274.4M | ||
| Q2 25 | $27.7M | $230.1M | ||
| Q1 25 | $-500.0K | $-19.8M | ||
| Q4 24 | $25.2M | $-49.6M | ||
| Q3 24 | $40.2M | $4.3M | ||
| Q2 24 | $-14.7M | $-131.3M |
自由现金流率CSGPLW
| Q1 26 | — | -2.3% | ||
| Q4 25 | 11.3% | 6.2% | ||
| Q3 25 | -0.7% | 16.5% | ||
| Q2 25 | 3.5% | 13.7% | ||
| Q1 25 | -0.1% | -1.3% | ||
| Q4 24 | 3.6% | -3.1% | ||
| Q3 24 | 5.8% | 0.3% | ||
| Q2 24 | -2.2% | -8.1% |
资本支出强度CSGPLW
| Q1 26 | — | 6.5% | ||
| Q4 25 | 6.8% | 4.8% | ||
| Q3 25 | 8.8% | 4.7% | ||
| Q2 25 | 15.2% | 38.1% | ||
| Q1 25 | 7.3% | 5.0% | ||
| Q4 24 | 9.8% | 9.3% | ||
| Q3 24 | 8.7% | 19.7% | ||
| Q2 24 | 10.7% | 57.7% |
现金转化率CSGPLW
| Q1 26 | — | 1.21× | ||
| Q4 25 | 3.49× | 2.87× | ||
| Q3 25 | — | 5.47× | ||
| Q2 25 | 23.63× | 7.24× | ||
| Q1 25 | — | 0.38× | ||
| Q4 24 | 1.58× | — | ||
| Q3 24 | 1.89× | 2.59× | ||
| Q2 24 | 3.03× | 6.16× |
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% |
LW
| Segments North America | $1.0B | 66% |
| Segments International | $529.8M | 34% |
