vs
CoStar Group（CSGP）与Natera, Inc.（NTRA）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Natera, Inc.的1.4倍（$899.9M vs $665.5M），Natera, Inc.净利率更高（7.1% vs 5.2%，领先1.9%），Natera, Inc.同比增速更快（39.8% vs 26.9%），CoStar Group自由现金流更多（$101.3M vs $37.8M），过去两年Natera, Inc.的营收复合增速更高（34.5% vs 17.1%）
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。
Natera是总部位于美国得克萨斯州奥斯汀的临床基因检测企业，主打无创游离DNA（cfDNA）检测技术，业务覆盖女性健康、肿瘤及器官健康三大核心赛道。其自研专利技术结合前沿分子生物学手段与生物信息学工具矩阵，可实现单管血液样本中低至单个分子级别的高灵敏度检测。
CSGP vs NTRA — 直观对比
营收规模更大
CSGP
是对方的1.4倍
$665.5M
营收增速更快
NTRA
高出12.9%
26.9%
净利率更高
NTRA
高出1.9%
5.2%
自由现金流更多
CSGP
多$63.5M
$37.8M
两年增速更快
NTRA
近两年复合增速
17.1%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $899.9M | $665.5M |
| 净利润 | $46.5M | $47.3M |
| 毛利率 | 78.6% | — |
| 营业利润率 | 5.5% | -3.4% |
| 净利率 | 5.2% | 7.1% |
| 营收同比 | 26.9% | 39.8% |
| 净利润同比 | -22.2% | 187.9% |
| 每股收益（稀释后） | $0.12 | $0.36 |
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CSGPNTRA
| Q4 25 | $899.9M | $665.5M | ||
| Q3 25 | $833.6M | $592.2M | ||
| Q2 25 | $781.3M | $546.6M | ||
| Q1 25 | $732.2M | $501.8M | ||
| Q4 24 | $709.4M | $476.1M | ||
| Q3 24 | $692.6M | $439.8M | ||
| Q2 24 | $677.8M | $413.4M | ||
| Q1 24 | $656.4M | $367.7M |
净利润CSGPNTRA
| Q4 25 | $46.5M | $47.3M | ||
| Q3 25 | $-30.9M | $-87.5M | ||
| Q2 25 | $6.2M | $-100.9M | ||
| Q1 25 | $-14.8M | $-66.9M | ||
| Q4 24 | $59.8M | $-53.8M | ||
| Q3 24 | $53.0M | $-31.6M | ||
| Q2 24 | $19.2M | $-37.5M | ||
| Q1 24 | $6.7M | $-67.6M |
毛利率CSGPNTRA
| 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CSGPNTRA
| Q4 25 | 5.5% | -3.4% | ||
| Q3 25 | -6.1% | -16.5% | ||
| Q2 25 | -3.5% | -20.2% | ||
| Q1 25 | -5.8% | -15.8% | ||
| Q4 24 | 5.6% | -13.6% | ||
| Q3 24 | 3.4% | -8.9% | ||
| Q2 24 | -2.4% | -10.6% | ||
| Q1 24 | -6.5% | -20.2% |
净利率CSGPNTRA
| Q4 25 | 5.2% | 7.1% | ||
| Q3 25 | -3.7% | -14.8% | ||
| Q2 25 | 0.8% | -18.5% | ||
| Q1 25 | -2.0% | -13.3% | ||
| Q4 24 | 8.4% | -11.3% | ||
| Q3 24 | 7.7% | -7.2% | ||
| Q2 24 | 2.8% | -9.1% | ||
| Q1 24 | 1.0% | -18.4% |
每股收益（稀释后）CSGPNTRA
| Q4 25 | $0.12 | $0.36 | ||
| Q3 25 | $-0.07 | $-0.64 | ||
| Q2 25 | $0.01 | $-0.74 | ||
| Q1 25 | $-0.04 | $-0.50 | ||
| Q4 24 | $0.14 | $-0.41 | ||
| Q3 24 | $0.13 | $-0.26 | ||
| Q2 24 | $0.05 | $-0.30 | ||
| Q1 24 | $0.02 | $-0.56 |
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 | $1.7B |
| 总资产 | $10.5B | $2.4B |
| 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CSGPNTRA
| Q4 25 | $1.6B | — | ||
| Q3 25 | $1.9B | $1.0M | ||
| Q2 25 | $3.6B | $16.0M | ||
| Q1 25 | $3.7B | $17.8M | ||
| Q4 24 | $4.7B | $22.7M | ||
| Q3 24 | — | $29.5M | ||
| Q2 24 | — | $90.3M | ||
| Q1 24 | — | $69.1M |
总债务CSGPNTRA
| 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CSGPNTRA
| Q4 25 | $8.3B | $1.7B | ||
| Q3 25 | $8.6B | $1.3B | ||
| Q2 25 | $8.6B | $1.2B | ||
| Q1 25 | $8.6B | $1.2B | ||
| Q4 24 | $7.6B | $1.2B | ||
| Q3 24 | $7.5B | $878.5M | ||
| Q2 24 | $7.4B | $836.5M | ||
| Q1 24 | $7.3B | $794.1M |
总资产CSGPNTRA
| Q4 25 | $10.5B | $2.4B | ||
| Q3 25 | $10.8B | $1.8B | ||
| Q2 25 | $10.5B | $1.8B | ||
| Q1 25 | $10.4B | $1.7B | ||
| Q4 24 | $9.3B | $1.7B | ||
| Q3 24 | $9.1B | $1.6B | ||
| Q2 24 | $9.1B | $1.5B | ||
| Q1 24 | $9.0B | $1.5B |
负债/权益比CSGPNTRA
| 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 | $73.9M |
| 自由现金流经营现金流 - 资本支出 | $101.3M | $37.8M |
| 自由现金流率自由现金流/营收 | 11.3% | 5.7% |
| 资本支出强度资本支出/营收 | 6.8% | 5.4% |
| 现金转化率经营现金流/净利润 | 3.49× | 1.56× |
| 过去12个月自由现金流最近4个季度 | $123.0M | $109.1M |
8季度趋势，按日历期对齐
经营现金流CSGPNTRA
| Q4 25 | $162.1M | $73.9M | ||
| Q3 25 | $68.2M | $59.4M | ||
| Q2 25 | $146.5M | $37.6M | ||
| Q1 25 | $53.2M | $44.5M | ||
| Q4 24 | $94.6M | $52.9M | ||
| Q3 24 | $100.3M | $51.8M | ||
| Q2 24 | $58.1M | $4.0M | ||
| Q1 24 | $139.6M | $27.0M |
自由现金流CSGPNTRA
| Q4 25 | $101.3M | $37.8M | ||
| Q3 25 | $-5.5M | $37.0M | ||
| Q2 25 | $27.7M | $11.7M | ||
| Q1 25 | $-500.0K | $22.6M | ||
| Q4 24 | $25.2M | $34.8M | ||
| Q3 24 | $40.2M | $35.5M | ||
| Q2 24 | $-14.7M | $-7.7M | ||
| Q1 24 | $-237.1M | $6.7M |
自由现金流率CSGPNTRA
| Q4 25 | 11.3% | 5.7% | ||
| Q3 25 | -0.7% | 6.2% | ||
| Q2 25 | 3.5% | 2.1% | ||
| Q1 25 | -0.1% | 4.5% | ||
| Q4 24 | 3.6% | 7.3% | ||
| Q3 24 | 5.8% | 8.1% | ||
| Q2 24 | -2.2% | -1.9% | ||
| Q1 24 | -36.1% | 1.8% |
资本支出强度CSGPNTRA
| Q4 25 | 6.8% | 5.4% | ||
| Q3 25 | 8.8% | 3.8% | ||
| Q2 25 | 15.2% | 4.7% | ||
| Q1 25 | 7.3% | 4.3% | ||
| Q4 24 | 9.8% | 3.8% | ||
| Q3 24 | 8.7% | 3.7% | ||
| Q2 24 | 10.7% | 2.8% | ||
| Q1 24 | 57.4% | 5.5% |
现金转化率CSGPNTRA
| Q4 25 | 3.49× | 1.56× | ||
| Q3 25 | — | — | ||
| Q2 25 | 23.63× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 1.58× | — | ||
| Q3 24 | 1.89× | — | ||
| Q2 24 | 3.03× | — | ||
| Q1 24 | 20.84× | — |
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% |
NTRA
暂无分部数据
