vs
CoStar Group（CSGP）与M/I HOMES, INC.（MHO）财务数据对比。点击上方公司名可切换其他公司
M/I HOMES, INC.的季度营收约是CoStar Group的1.3倍（$1.1B vs $899.9M），M/I HOMES, INC.净利率更高（5.6% vs 5.2%，领先0.4%），CoStar Group同比增速更快（26.9% vs -4.8%），CoStar Group自由现金流更多（$101.3M vs $-13.0M），过去两年CoStar Group的营收复合增速更高（17.1% vs 4.7%）
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。
M/I Homes是美国领先的住宅建筑企业，主要设计、建造及销售独栋住宅、联排住宅与复式公寓，业务覆盖美国多州，面向首次置业、改善型及高端置业群体，提供节能住宅产品与个性化定制服务。
CSGP vs MHO — 直观对比
营收规模更大
MHO
是对方的1.3倍
$899.9M
营收增速更快
CSGP
高出31.7%
-4.8%
净利率更高
MHO
高出0.4%
5.2%
自由现金流更多
CSGP
多$114.3M
$-13.0M
两年增速更快
CSGP
近两年复合增速
4.7%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $899.9M | $1.1B |
| 净利润 | $46.5M | $64.0M |
| 毛利率 | 78.6% | 17.4% |
| 营业利润率 | 5.5% | 6.5% |
| 净利率 | 5.2% | 5.6% |
| 营收同比 | 26.9% | -4.8% |
| 净利润同比 | -22.2% | -52.1% |
| 每股收益（稀释后） | $0.12 | $2.42 |
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CSGPMHO
| Q4 25 | $899.9M | $1.1B | ||
| Q3 25 | $833.6M | $1.1B | ||
| Q2 25 | $781.3M | $1.2B | ||
| Q1 25 | $732.2M | $976.1M | ||
| Q4 24 | $709.4M | $1.2B | ||
| Q3 24 | $692.6M | $1.1B | ||
| Q2 24 | $677.8M | $1.1B | ||
| Q1 24 | $656.4M | $1.0B |
净利润CSGPMHO
| Q4 25 | $46.5M | $64.0M | ||
| Q3 25 | $-30.9M | $106.5M | ||
| Q2 25 | $6.2M | $121.2M | ||
| Q1 25 | $-14.8M | $111.2M | ||
| Q4 24 | $59.8M | $133.5M | ||
| Q3 24 | $53.0M | $145.4M | ||
| Q2 24 | $19.2M | $146.7M | ||
| Q1 24 | $6.7M | $138.1M |
毛利率CSGPMHO
| Q4 25 | 78.6% | 17.4% | ||
| Q3 25 | 79.3% | 24.5% | ||
| Q2 25 | 78.5% | 24.7% | ||
| Q1 25 | 79.1% | 25.9% | ||
| Q4 24 | 80.1% | 24.6% | ||
| Q3 24 | 79.7% | 27.1% | ||
| Q2 24 | 80.0% | 27.9% | ||
| Q1 24 | 78.5% | 27.1% |
营业利润率CSGPMHO
| Q4 25 | 5.5% | 6.5% | ||
| Q3 25 | -6.1% | 12.0% | ||
| Q2 25 | -3.5% | 13.4% | ||
| Q1 25 | -5.8% | 14.4% | ||
| Q4 24 | 5.6% | 13.6% | ||
| Q3 24 | 3.4% | 15.9% | ||
| Q2 24 | -2.4% | 16.8% | ||
| Q1 24 | -6.5% | 16.6% |
净利率CSGPMHO
| Q4 25 | 5.2% | 5.6% | ||
| Q3 25 | -3.7% | 9.4% | ||
| Q2 25 | 0.8% | 10.4% | ||
| Q1 25 | -2.0% | 11.4% | ||
| Q4 24 | 8.4% | 11.1% | ||
| Q3 24 | 7.7% | 12.7% | ||
| Q2 24 | 2.8% | 13.2% | ||
| Q1 24 | 1.0% | 13.2% |
每股收益（稀释后）CSGPMHO
| Q4 25 | $0.12 | $2.42 | ||
| Q3 25 | $-0.07 | $3.92 | ||
| Q2 25 | $0.01 | $4.42 | ||
| Q1 25 | $-0.04 | $3.98 | ||
| Q4 24 | $0.14 | $4.71 | ||
| Q3 24 | $0.13 | $5.10 | ||
| Q2 24 | $0.05 | $5.12 | ||
| Q1 24 | $0.02 | $4.78 |
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 | — |
| 股东权益账面价值 | $8.3B | $3.2B |
| 总资产 | $10.5B | $4.8B |
| 负债/权益比越低杠杆越低 | 0.02× | — |
8季度趋势，按日历期对齐
现金及短期投资CSGPMHO
| Q4 25 | $1.6B | — | ||
| Q3 25 | $1.9B | — | ||
| Q2 25 | $3.6B | — | ||
| Q1 25 | $3.7B | — | ||
| Q4 24 | $4.7B | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
总债务CSGPMHO
| Q4 25 | $140.0M | — | ||
| Q3 25 | $1.0B | — | ||
| Q2 25 | $1.0B | — | ||
| Q1 25 | $1.0B | — | ||
| Q4 24 | $1.0B | — | ||
| Q3 24 | $1.0B | — | ||
| Q2 24 | $1.0B | — | ||
| Q1 24 | $1.0B | — |
股东权益CSGPMHO
| Q4 25 | $8.3B | $3.2B | ||
| Q3 25 | $8.6B | $3.1B | ||
| Q2 25 | $8.6B | $3.1B | ||
| Q1 25 | $8.6B | $3.0B | ||
| Q4 24 | $7.6B | $2.9B | ||
| Q3 24 | $7.5B | $2.8B | ||
| Q2 24 | $7.4B | $2.7B | ||
| Q1 24 | $7.3B | $2.6B |
总资产CSGPMHO
| Q4 25 | $10.5B | $4.8B | ||
| Q3 25 | $10.8B | $4.8B | ||
| Q2 25 | $10.5B | $4.7B | ||
| Q1 25 | $10.4B | $4.6B | ||
| Q4 24 | $9.3B | $4.5B | ||
| Q3 24 | $9.1B | $4.5B | ||
| Q2 24 | $9.1B | $4.3B | ||
| Q1 24 | $9.0B | $4.2B |
负债/权益比CSGPMHO
| Q4 25 | 0.02× | — | ||
| Q3 25 | 0.12× | — | ||
| Q2 25 | 0.12× | — | ||
| Q1 25 | 0.12× | — | ||
| Q4 24 | 0.13× | — | ||
| 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 | $-8.7M |
| 自由现金流经营现金流 - 资本支出 | $101.3M | $-13.0M |
| 自由现金流率自由现金流/营收 | 11.3% | -1.1% |
| 资本支出强度资本支出/营收 | 6.8% | 0.4% |
| 现金转化率经营现金流/净利润 | 3.49× | -0.14× |
| 过去12个月自由现金流最近4个季度 | $123.0M | $127.7M |
8季度趋势，按日历期对齐
经营现金流CSGPMHO
| Q4 25 | $162.1M | $-8.7M | ||
| Q3 25 | $68.2M | $43.4M | ||
| Q2 25 | $146.5M | $37.8M | ||
| Q1 25 | $53.2M | $64.9M | ||
| Q4 24 | $94.6M | $104.4M | ||
| Q3 24 | $100.3M | $-67.9M | ||
| Q2 24 | $58.1M | $27.5M | ||
| Q1 24 | $139.6M | $115.8M |
自由现金流CSGPMHO
| Q4 25 | $101.3M | $-13.0M | ||
| Q3 25 | $-5.5M | $42.0M | ||
| Q2 25 | $27.7M | $35.1M | ||
| Q1 25 | $-500.0K | $63.5M | ||
| Q4 24 | $25.2M | $102.3M | ||
| Q3 24 | $40.2M | $-68.5M | ||
| Q2 24 | $-14.7M | $22.0M | ||
| Q1 24 | $-237.1M | $115.5M |
自由现金流率CSGPMHO
| Q4 25 | 11.3% | -1.1% | ||
| Q3 25 | -0.7% | 3.7% | ||
| Q2 25 | 3.5% | 3.0% | ||
| Q1 25 | -0.1% | 6.5% | ||
| Q4 24 | 3.6% | 8.5% | ||
| Q3 24 | 5.8% | -6.0% | ||
| Q2 24 | -2.2% | 2.0% | ||
| Q1 24 | -36.1% | 11.0% |
资本支出强度CSGPMHO
| Q4 25 | 6.8% | 0.4% | ||
| Q3 25 | 8.8% | 0.1% | ||
| Q2 25 | 15.2% | 0.2% | ||
| Q1 25 | 7.3% | 0.1% | ||
| Q4 24 | 9.8% | 0.2% | ||
| Q3 24 | 8.7% | 0.1% | ||
| Q2 24 | 10.7% | 0.5% | ||
| Q1 24 | 57.4% | 0.0% |
现金转化率CSGPMHO
| Q4 25 | 3.49× | -0.14× | ||
| Q3 25 | — | 0.41× | ||
| Q2 25 | 23.63× | 0.31× | ||
| Q1 25 | — | 0.58× | ||
| Q4 24 | 1.58× | 0.78× | ||
| Q3 24 | 1.89× | -0.47× | ||
| Q2 24 | 3.03× | 0.19× | ||
| Q1 24 | 20.84× | 0.84× |
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% |
MHO
| Southern Homebuilding | $615.6M | 54% |
| Northern Homebuilding | $503.9M | 44% |
| Financial Service | $27.8M | 2% |
| Land | $4.7M | 0% |
