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CoStar Group（CSGP）与巴诺书店（NE）财务数据对比。点击上方公司名可切换其他公司
CoStar Group的季度营收约是巴诺书店的1.2倍（$899.9M vs $764.4M），巴诺书店净利率更高（11.3% vs 5.2%，领先6.2%），CoStar Group同比增速更快（26.9% vs -17.6%），CoStar Group自由现金流更多（$101.3M vs $35.4M），过去两年CoStar Group的营收复合增速更高（17.1% vs 9.5%）
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。
巴诺书店是美国知名连锁图书零售企业，拥有全美数量最多的实体零售网点，目前在美国境内共运营超过700家线下门店，为消费者提供各类书籍、文创产品及相关文化消费服务。
CSGP vs NE — 直观对比
营收规模更大
CSGP
是对方的1.2倍
$764.4M
营收增速更快
CSGP
高出44.4%
-17.6%
净利率更高
NE
高出6.2%
5.2%
自由现金流更多
CSGP
多$65.9M
$35.4M
两年增速更快
CSGP
近两年复合增速
9.5%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $899.9M | $764.4M |
| 净利润 | $46.5M | $86.6M |
| 毛利率 | 78.6% | — |
| 营业利润率 | 5.5% | 5.6% |
| 净利率 | 5.2% | 11.3% |
| 营收同比 | 26.9% | -17.6% |
| 净利润同比 | -22.2% | -10.4% |
| 每股收益（稀释后） | $0.12 | $0.54 |
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CSGPNE
| Q4 25 | $899.9M | $764.4M | ||
| Q3 25 | $833.6M | $798.0M | ||
| Q2 25 | $781.3M | $848.7M | ||
| Q1 25 | $732.2M | $874.5M | ||
| Q4 24 | $709.4M | $927.3M | ||
| Q3 24 | $692.6M | $800.5M | ||
| Q2 24 | $677.8M | $692.8M | ||
| Q1 24 | $656.4M | $637.1M |
净利润CSGPNE
| Q4 25 | $46.5M | $86.6M | ||
| Q3 25 | $-30.9M | $-21.1M | ||
| Q2 25 | $6.2M | $42.9M | ||
| Q1 25 | $-14.8M | $108.3M | ||
| Q4 24 | $59.8M | $96.6M | ||
| Q3 24 | $53.0M | $61.2M | ||
| Q2 24 | $19.2M | $195.0M | ||
| Q1 24 | $6.7M | $95.5M |
毛利率CSGPNE
| Q4 25 | 78.6% | — | ||
| Q3 25 | 79.3% | — | ||
| Q2 25 | 78.5% | — | ||
| Q1 25 | 79.1% | — | ||
| Q4 24 | 80.1% | — | ||
| Q3 24 | 79.7% | — | ||
| Q2 24 | 80.0% | — | ||
| Q1 24 | 78.5% | — |
营业利润率CSGPNE
| Q4 25 | 5.5% | 5.6% | ||
| Q3 25 | -6.1% | 6.3% | ||
| Q2 25 | -3.5% | 15.9% | ||
| Q1 25 | -5.8% | 21.4% | ||
| Q4 24 | 5.6% | 18.4% | ||
| Q3 24 | 3.4% | 14.4% | ||
| Q2 24 | -2.4% | 30.3% | ||
| Q1 24 | -6.5% | 16.9% |
净利率CSGPNE
| Q4 25 | 5.2% | 11.3% | ||
| Q3 25 | -3.7% | -2.6% | ||
| Q2 25 | 0.8% | 5.1% | ||
| Q1 25 | -2.0% | 12.4% | ||
| Q4 24 | 8.4% | 10.4% | ||
| Q3 24 | 7.7% | 7.6% | ||
| Q2 24 | 2.8% | 28.1% | ||
| Q1 24 | 1.0% | 15.0% |
每股收益（稀释后）CSGPNE
| Q4 25 | $0.12 | $0.54 | ||
| Q3 25 | $-0.07 | $-0.13 | ||
| Q2 25 | $0.01 | $0.27 | ||
| Q1 25 | $-0.04 | $0.67 | ||
| Q4 24 | $0.14 | $0.56 | ||
| Q3 24 | $0.13 | $0.40 | ||
| Q2 24 | $0.05 | $1.34 | ||
| Q1 24 | $0.02 | $0.66 |
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 | $471.4M |
| 总债务越低越好 | $140.0M | — |
| 股东权益账面价值 | $8.3B | $4.5B |
| 总资产 | $10.5B | $7.5B |
| 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CSGPNE
| Q4 25 | $1.6B | $471.4M | ||
| Q3 25 | $1.9B | $477.9M | ||
| Q2 25 | $3.6B | $338.2M | ||
| Q1 25 | $3.7B | $303.8M | ||
| Q4 24 | $4.7B | $247.3M | ||
| Q3 24 | — | $391.9M | ||
| Q2 24 | — | $162.9M | ||
| Q1 24 | — | $212.5M |
总债务CSGPNE
| 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CSGPNE
| Q4 25 | $8.3B | $4.5B | ||
| Q3 25 | $8.6B | $4.5B | ||
| Q2 25 | $8.6B | $4.6B | ||
| Q1 25 | $8.6B | $4.7B | ||
| Q4 24 | $7.6B | $4.7B | ||
| Q3 24 | $7.5B | $4.7B | ||
| Q2 24 | $7.4B | $4.0B | ||
| Q1 24 | $7.3B | $3.9B |
总资产CSGPNE
| Q4 25 | $10.5B | $7.5B | ||
| Q3 25 | $10.8B | $7.6B | ||
| Q2 25 | $10.5B | $7.7B | ||
| Q1 25 | $10.4B | $7.9B | ||
| Q4 24 | $9.3B | $8.0B | ||
| Q3 24 | $9.1B | $8.0B | ||
| Q2 24 | $9.1B | $5.6B | ||
| Q1 24 | $9.0B | $5.4B |
负债/权益比CSGPNE
| 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 | $187.1M |
| 自由现金流经营现金流 - 资本支出 | $101.3M | $35.4M |
| 自由现金流率自由现金流/营收 | 11.3% | 4.6% |
| 资本支出强度资本支出/营收 | 6.8% | 19.9% |
| 现金转化率经营现金流/净利润 | 3.49× | 2.16× |
| 过去12个月自由现金流最近4个季度 | $123.0M | $432.2M |
8季度趋势，按日历期对齐
经营现金流CSGPNE
| Q4 25 | $162.1M | $187.1M | ||
| Q3 25 | $68.2M | $277.1M | ||
| Q2 25 | $146.5M | $216.4M | ||
| Q1 25 | $53.2M | $271.1M | ||
| Q4 24 | $94.6M | $136.2M | ||
| Q3 24 | $100.3M | $283.8M | ||
| Q2 24 | $58.1M | $106.8M | ||
| Q1 24 | $139.6M | $128.7M |
自由现金流CSGPNE
| Q4 25 | $101.3M | $35.4M | ||
| Q3 25 | $-5.5M | $139.5M | ||
| Q2 25 | $27.7M | $99.8M | ||
| Q1 25 | $-500.0K | $157.5M | ||
| Q4 24 | $25.2M | $-4.4M | ||
| Q3 24 | $40.2M | $156.8M | ||
| Q2 24 | $-14.7M | $-34.3M | ||
| Q1 24 | $-237.1M | $-37.9M |
自由现金流率CSGPNE
| Q4 25 | 11.3% | 4.6% | ||
| Q3 25 | -0.7% | 17.5% | ||
| Q2 25 | 3.5% | 11.8% | ||
| Q1 25 | -0.1% | 18.0% | ||
| Q4 24 | 3.6% | -0.5% | ||
| Q3 24 | 5.8% | 19.6% | ||
| Q2 24 | -2.2% | -4.9% | ||
| Q1 24 | -36.1% | -6.0% |
资本支出强度CSGPNE
| Q4 25 | 6.8% | 19.9% | ||
| Q3 25 | 8.8% | 17.3% | ||
| Q2 25 | 15.2% | 13.7% | ||
| Q1 25 | 7.3% | 13.0% | ||
| Q4 24 | 9.8% | 15.2% | ||
| Q3 24 | 8.7% | 15.9% | ||
| Q2 24 | 10.7% | 20.4% | ||
| Q1 24 | 57.4% | 26.2% |
现金转化率CSGPNE
| Q4 25 | 3.49× | 2.16× | ||
| Q3 25 | — | — | ||
| Q2 25 | 23.63× | 5.05× | ||
| Q1 25 | — | 2.50× | ||
| Q4 24 | 1.58× | 1.41× | ||
| Q3 24 | 1.89× | 4.64× | ||
| Q2 24 | 3.03× | 0.55× | ||
| Q1 24 | 20.84× | 1.35× |
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% |
NE
| Floaters | $559.8M | 73% |
| Jackups | $145.5M | 19% |
| Service Other | $59.1M | 8% |
