vs
CoStar Group（CSGP）与MUELLER INDUSTRIES INC（MLI）财务数据对比。点击上方公司名可切换其他公司
MUELLER INDUSTRIES INC的季度营收约是CoStar Group的1.1倍（$962.4M vs $899.9M），MUELLER INDUSTRIES INC净利率更高（16.0% vs 5.2%，领先10.8%），CoStar Group同比增速更快（26.9% vs 4.2%），MUELLER INDUSTRIES INC自由现金流更多（$121.4M vs $101.3M），过去两年CoStar Group的营收复合增速更高（17.1% vs 6.4%）
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。
Mueller Industries是美国知名工业制造企业，1917年正式成立，总部坐落于美国田纳西州孟菲斯市，主营管道产品、工业金属及暖通制冷设备，2022年入选《财富》1000强榜单，是年营收达数十亿美元的公开上市企业。
CSGP vs MLI — 直观对比
营收规模更大
MLI
是对方的1.1倍
$899.9M
营收增速更快
CSGP
高出22.6%
4.2%
净利率更高
MLI
高出10.8%
5.2%
自由现金流更多
MLI
多$20.1M
$101.3M
两年增速更快
CSGP
近两年复合增速
6.4%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $899.9M | $962.4M |
| 净利润 | $46.5M | $153.7M |
| 毛利率 | 78.6% | — |
| 营业利润率 | 5.5% | 17.9% |
| 净利率 | 5.2% | 16.0% |
| 营收同比 | 26.9% | 4.2% |
| 净利润同比 | -22.2% | 11.7% |
| 每股收益（稀释后） | $0.12 | $1.37 |
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CSGPMLI
| Q4 25 | $899.9M | $962.4M | ||
| Q3 25 | $833.6M | $1.1B | ||
| Q2 25 | $781.3M | $1.1B | ||
| Q1 25 | $732.2M | $1.0B | ||
| Q4 24 | $709.4M | $923.5M | ||
| Q3 24 | $692.6M | $997.8M | ||
| Q2 24 | $677.8M | $997.7M | ||
| Q1 24 | $656.4M | $849.7M |
净利润CSGPMLI
| Q4 25 | $46.5M | $153.7M | ||
| Q3 25 | $-30.9M | $208.1M | ||
| Q2 25 | $6.2M | $245.9M | ||
| Q1 25 | $-14.8M | $157.4M | ||
| Q4 24 | $59.8M | $137.7M | ||
| Q3 24 | $53.0M | $168.7M | ||
| Q2 24 | $19.2M | $160.2M | ||
| Q1 24 | $6.7M | $138.4M |
毛利率CSGPMLI
| Q4 25 | 78.6% | — | ||
| Q3 25 | 79.3% | — | ||
| Q2 25 | 78.5% | — | ||
| Q1 25 | 79.1% | — | ||
| Q4 24 | 80.1% | — | ||
| Q3 24 | 79.7% | 27.6% | ||
| Q2 24 | 80.0% | 27.3% | ||
| Q1 24 | 78.5% | 28.4% |
营业利润率CSGPMLI
| Q4 25 | 5.5% | 17.9% | ||
| Q3 25 | -6.1% | 25.6% | ||
| Q2 25 | -3.5% | 26.7% | ||
| Q1 25 | -5.8% | 20.6% | ||
| Q4 24 | 5.6% | 18.4% | ||
| Q3 24 | 3.4% | 20.7% | ||
| Q2 24 | -2.4% | 21.0% | ||
| Q1 24 | -6.5% | 21.6% |
净利率CSGPMLI
| Q4 25 | 5.2% | 16.0% | ||
| Q3 25 | -3.7% | 19.3% | ||
| Q2 25 | 0.8% | 21.6% | ||
| Q1 25 | -2.0% | 15.7% | ||
| Q4 24 | 8.4% | 14.9% | ||
| Q3 24 | 7.7% | 16.9% | ||
| Q2 24 | 2.8% | 16.1% | ||
| Q1 24 | 1.0% | 16.3% |
每股收益（稀释后）CSGPMLI
| Q4 25 | $0.12 | $1.37 | ||
| Q3 25 | $-0.07 | $1.88 | ||
| Q2 25 | $0.01 | $2.22 | ||
| Q1 25 | $-0.04 | $1.39 | ||
| Q4 24 | $0.14 | $1.21 | ||
| Q3 24 | $0.13 | $1.48 | ||
| Q2 24 | $0.05 | $1.41 | ||
| Q1 24 | $0.02 | $1.21 |
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 | $1.4B |
| 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 | $3.7B |
| 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CSGPMLI
| Q4 25 | $1.6B | $1.4B | ||
| Q3 25 | $1.9B | $1.3B | ||
| Q2 25 | $3.6B | $1.1B | ||
| Q1 25 | $3.7B | $873.6M | ||
| Q4 24 | $4.7B | $1.1B | ||
| Q3 24 | — | $969.6M | ||
| Q2 24 | — | $825.7M | ||
| Q1 24 | — | $1.4B |
总债务CSGPMLI
| 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CSGPMLI
| Q4 25 | $8.3B | $3.2B | ||
| Q3 25 | $8.6B | $3.1B | ||
| Q2 25 | $8.6B | $2.9B | ||
| Q1 25 | $8.6B | $2.7B | ||
| Q4 24 | $7.6B | $2.8B | ||
| Q3 24 | $7.5B | $2.7B | ||
| Q2 24 | $7.4B | $2.5B | ||
| Q1 24 | $7.3B | $2.4B |
总资产CSGPMLI
| Q4 25 | $10.5B | $3.7B | ||
| Q3 25 | $10.8B | $3.7B | ||
| Q2 25 | $10.5B | $3.5B | ||
| Q1 25 | $10.4B | $3.2B | ||
| Q4 24 | $9.3B | $3.3B | ||
| Q3 24 | $9.1B | $3.2B | ||
| Q2 24 | $9.1B | $3.1B | ||
| Q1 24 | $9.0B | $2.9B |
负债/权益比CSGPMLI
| 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 | $141.2M |
| 自由现金流经营现金流 - 资本支出 | $101.3M | $121.4M |
| 自由现金流率自由现金流/营收 | 11.3% | 12.6% |
| 资本支出强度资本支出/营收 | 6.8% | 2.1% |
| 现金转化率经营现金流/净利润 | 3.49× | 0.92× |
| 过去12个月自由现金流最近4个季度 | $123.0M | $686.6M |
8季度趋势，按日历期对齐
经营现金流CSGPMLI
| Q4 25 | $162.1M | $141.2M | ||
| Q3 25 | $68.2M | $310.1M | ||
| Q2 25 | $146.5M | $190.6M | ||
| Q1 25 | $53.2M | $113.6M | ||
| Q4 24 | $94.6M | $140.1M | ||
| Q3 24 | $100.3M | $231.4M | ||
| Q2 24 | $58.1M | $100.8M | ||
| Q1 24 | $139.6M | $173.6M |
自由现金流CSGPMLI
| Q4 25 | $101.3M | $121.4M | ||
| Q3 25 | $-5.5M | $291.8M | ||
| Q2 25 | $27.7M | $176.5M | ||
| Q1 25 | $-500.0K | $97.0M | ||
| Q4 24 | $25.2M | $111.2M | ||
| Q3 24 | $40.2M | $205.7M | ||
| Q2 24 | $-14.7M | $91.6M | ||
| Q1 24 | $-237.1M | $157.2M |
自由现金流率CSGPMLI
| Q4 25 | 11.3% | 12.6% | ||
| Q3 25 | -0.7% | 27.1% | ||
| Q2 25 | 3.5% | 15.5% | ||
| Q1 25 | -0.1% | 9.7% | ||
| Q4 24 | 3.6% | 12.0% | ||
| Q3 24 | 5.8% | 20.6% | ||
| Q2 24 | -2.2% | 9.2% | ||
| Q1 24 | -36.1% | 18.5% |
资本支出强度CSGPMLI
| Q4 25 | 6.8% | 2.1% | ||
| Q3 25 | 8.8% | 1.7% | ||
| Q2 25 | 15.2% | 1.2% | ||
| Q1 25 | 7.3% | 1.7% | ||
| Q4 24 | 9.8% | 3.1% | ||
| Q3 24 | 8.7% | 2.6% | ||
| Q2 24 | 10.7% | 0.9% | ||
| Q1 24 | 57.4% | 1.9% |
现金转化率CSGPMLI
| Q4 25 | 3.49× | 0.92× | ||
| Q3 25 | — | 1.49× | ||
| Q2 25 | 23.63× | 0.78× | ||
| Q1 25 | — | 0.72× | ||
| Q4 24 | 1.58× | 1.02× | ||
| Q3 24 | 1.89× | 1.37× | ||
| Q2 24 | 3.03× | 0.63× | ||
| Q1 24 | 20.84× | 1.25× |
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% |
MLI
| Tube And Fittings | $484.6M | 50% |
| Industrial Metals | $252.2M | 26% |
| Valves And Plumbing Specialties | $122.5M | 13% |
| Flex Duct And Other HVAC Components | $80.8M | 8% |
| Other Products | $14.9M | 2% |
