vs
CoStar Group（CSGP）与美泰（MAT）财务数据对比。点击上方公司名可切换其他公司
CoStar Group的季度营收约是美泰的1.0倍（$899.9M vs $862.2M），美泰净利率更高（7.1% vs 5.2%，领先1.9%），CoStar Group同比增速更快（26.9% vs 4.3%），CoStar Group自由现金流更多（$101.3M vs $-88.1M），过去两年CoStar Group的营收复合增速更高（17.1% vs -10.6%）
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。
美泰是美国知名玩具及娱乐企业，旗下影视制作部门美泰影业运营时间为2018年9月6日至2025年6月2日。其前身为2013年10月16日成立的美泰Playground Productions，更早可追溯至美泰娱乐、美泰工作室等集团原有娱乐业务品牌。
CSGP vs MAT — 直观对比
营收规模更大
CSGP
是对方的1.0倍
$862.2M
营收增速更快
CSGP
高出22.5%
4.3%
净利率更高
MAT
高出1.9%
5.2%
自由现金流更多
CSGP
多$189.4M
$-88.1M
两年增速更快
CSGP
近两年复合增速
-10.6%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $899.9M | $862.2M |
| 净利润 | $46.5M | $61.0M |
| 毛利率 | 78.6% | 44.9% |
| 营业利润率 | 5.5% | — |
| 净利率 | 5.2% | 7.1% |
| 营收同比 | 26.9% | 4.3% |
| 净利润同比 | -22.2% | 251.4% |
| 每股收益（稀释后） | $0.12 | $0.20 |
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CSGPMAT
| Q1 26 | — | $862.2M | ||
| Q4 25 | $899.9M | $1.8B | ||
| Q3 25 | $833.6M | $1.7B | ||
| Q2 25 | $781.3M | $1.0B | ||
| Q1 25 | $732.2M | $826.6M | ||
| Q4 24 | $709.4M | $1.6B | ||
| Q3 24 | $692.6M | $1.8B | ||
| Q2 24 | $677.8M | $1.1B |
净利润CSGPMAT
| Q1 26 | — | $61.0M | ||
| Q4 25 | $46.5M | $106.2M | ||
| Q3 25 | $-30.9M | $278.4M | ||
| Q2 25 | $6.2M | $53.4M | ||
| Q1 25 | $-14.8M | $-40.3M | ||
| Q4 24 | $59.8M | $140.9M | ||
| Q3 24 | $53.0M | $372.4M | ||
| Q2 24 | $19.2M | $56.9M |
毛利率CSGPMAT
| Q1 26 | — | 44.9% | ||
| Q4 25 | 78.6% | 45.9% | ||
| Q3 25 | 79.3% | 50.0% | ||
| Q2 25 | 78.5% | 50.9% | ||
| Q1 25 | 79.1% | 49.4% | ||
| Q4 24 | 80.1% | 50.7% | ||
| Q3 24 | 79.7% | 53.1% | ||
| Q2 24 | 80.0% | 49.2% |
营业利润率CSGPMAT
| Q1 26 | — | — | ||
| Q4 25 | 5.5% | 8.0% | ||
| Q3 25 | -6.1% | 21.9% | ||
| Q2 25 | -3.5% | 7.7% | ||
| Q1 25 | -5.8% | -6.4% | ||
| Q4 24 | 5.6% | 9.6% | ||
| Q3 24 | 3.4% | 26.5% | ||
| Q2 24 | -2.4% | 7.7% |
净利率CSGPMAT
| Q1 26 | — | 7.1% | ||
| Q4 25 | 5.2% | 6.0% | ||
| Q3 25 | -3.7% | 16.0% | ||
| Q2 25 | 0.8% | 5.2% | ||
| Q1 25 | -2.0% | -4.9% | ||
| Q4 24 | 8.4% | 8.6% | ||
| Q3 24 | 7.7% | 20.2% | ||
| Q2 24 | 2.8% | 5.3% |
每股收益（稀释后）CSGPMAT
| Q1 26 | — | $0.20 | ||
| Q4 25 | $0.12 | $0.32 | ||
| Q3 25 | $-0.07 | $0.88 | ||
| Q2 25 | $0.01 | $0.16 | ||
| Q1 25 | $-0.04 | $-0.12 | ||
| Q4 24 | $0.14 | $0.40 | ||
| Q3 24 | $0.13 | $1.09 | ||
| Q2 24 | $0.05 | $0.17 |
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 | $866.0M |
| 总债务越低越好 | $140.0M | $2.3B |
| 股东权益账面价值 | $8.3B | $2.1B |
| 总资产 | $10.5B | $6.3B |
| 负债/权益比越低杠杆越低 | 0.02× | 1.11× |
8季度趋势，按日历期对齐
现金及短期投资CSGPMAT
| Q1 26 | — | $866.0M | ||
| Q4 25 | $1.6B | $1.2B | ||
| Q3 25 | $1.9B | $691.9M | ||
| Q2 25 | $3.6B | $870.5M | ||
| Q1 25 | $3.7B | $1.2B | ||
| Q4 24 | $4.7B | $1.4B | ||
| Q3 24 | — | $723.5M | ||
| Q2 24 | — | $722.4M |
总债务CSGPMAT
| Q1 26 | — | $2.3B | ||
| Q4 25 | $140.0M | $2.3B | ||
| Q3 25 | $1.0B | $2.3B | ||
| Q2 25 | $1.0B | $2.3B | ||
| Q1 25 | $1.0B | $2.3B | ||
| Q4 24 | $1.0B | $2.3B | ||
| Q3 24 | $1.0B | $2.3B | ||
| Q2 24 | $1.0B | $2.3B |
股东权益CSGPMAT
| Q1 26 | — | $2.1B | ||
| Q4 25 | $8.3B | $2.2B | ||
| Q3 25 | $8.6B | $2.3B | ||
| Q2 25 | $8.6B | $2.2B | ||
| Q1 25 | $8.6B | $2.1B | ||
| Q4 24 | $7.6B | $2.3B | ||
| Q3 24 | $7.5B | $2.3B | ||
| Q2 24 | $7.4B | $2.0B |
总资产CSGPMAT
| Q1 26 | — | $6.3B | ||
| Q4 25 | $10.5B | $6.6B | ||
| Q3 25 | $10.8B | $6.6B | ||
| Q2 25 | $10.5B | $6.2B | ||
| Q1 25 | $10.4B | $6.2B | ||
| Q4 24 | $9.3B | $6.5B | ||
| Q3 24 | $9.1B | $6.5B | ||
| Q2 24 | $9.1B | $5.9B |
负债/权益比CSGPMAT
| Q1 26 | — | 1.11× | ||
| Q4 25 | 0.02× | 1.04× | ||
| Q3 25 | 0.12× | 1.03× | ||
| Q2 25 | 0.12× | 1.08× | ||
| Q1 25 | 0.12× | 1.10× | ||
| Q4 24 | 0.13× | 1.03× | ||
| Q3 24 | 0.13× | 1.01× | ||
| Q2 24 | 0.14× | 1.18× |
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 | — |
| 自由现金流经营现金流 - 资本支出 | $101.3M | $-88.1M |
| 自由现金流率自由现金流/营收 | 11.3% | -10.2% |
| 资本支出强度资本支出/营收 | 6.8% | 7.6% |
| 现金转化率经营现金流/净利润 | 3.49× | — |
| 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CSGPMAT
| Q1 26 | — | — | ||
| Q4 25 | $162.1M | $796.6M | ||
| Q3 25 | $68.2M | $72.0M | ||
| Q2 25 | $146.5M | $-300.1M | ||
| Q1 25 | $53.2M | $24.8M | ||
| Q4 24 | $94.6M | $862.1M | ||
| Q3 24 | $100.3M | $155.8M | ||
| Q2 24 | $58.1M | $-252.9M |
自由现金流CSGPMAT
| Q1 26 | — | $-88.1M | ||
| Q4 25 | $101.3M | — | ||
| Q3 25 | $-5.5M | — | ||
| Q2 25 | $27.7M | — | ||
| Q1 25 | $-500.0K | — | ||
| Q4 24 | $25.2M | — | ||
| Q3 24 | $40.2M | — | ||
| Q2 24 | $-14.7M | — |
自由现金流率CSGPMAT
| Q1 26 | — | -10.2% | ||
| Q4 25 | 11.3% | — | ||
| Q3 25 | -0.7% | — | ||
| Q2 25 | 3.5% | — | ||
| Q1 25 | -0.1% | — | ||
| Q4 24 | 3.6% | — | ||
| Q3 24 | 5.8% | — | ||
| Q2 24 | -2.2% | — |
资本支出强度CSGPMAT
| Q1 26 | — | 7.6% | ||
| Q4 25 | 6.8% | — | ||
| Q3 25 | 8.8% | — | ||
| Q2 25 | 15.2% | — | ||
| Q1 25 | 7.3% | — | ||
| Q4 24 | 9.8% | — | ||
| Q3 24 | 8.7% | — | ||
| Q2 24 | 10.7% | — |
现金转化率CSGPMAT
| Q1 26 | — | — | ||
| Q4 25 | 3.49× | 7.50× | ||
| Q3 25 | — | 0.26× | ||
| Q2 25 | 23.63× | -5.62× | ||
| Q1 25 | — | — | ||
| Q4 24 | 1.58× | 6.12× | ||
| Q3 24 | 1.89× | 0.42× | ||
| Q2 24 | 3.03× | -4.45× |
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% |
MAT
暂无分部数据
