vs
CoStar Group（CSGP）与ENVIRI Corp（NVRI）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ENVIRI Corp的1.6倍（$899.9M vs $555.0M），CoStar Group净利率更高（5.2% vs -15.2%，领先20.4%），CoStar Group同比增速更快（26.9% vs -0.8%），CoStar Group自由现金流更多（$101.3M vs $-10.5M），过去两年CoStar Group的营收复合增速更高（17.1% vs -3.8%）
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。
Enviri集团是总部位于美国宾夕法尼亚州费城的环保企业，业务覆盖全球30多个国家，员工总数约1.2万人。公司专注为钢铁、铁路、能源等大型工业领域客户解决复杂的环保相关问题，提供针对性的环境治理解决方案。
CSGP vs NVRI — 直观对比
营收规模更大
CSGP
是对方的1.6倍
$555.0M
营收增速更快
CSGP
高出27.6%
-0.8%
净利率更高
CSGP
高出20.4%
-15.2%
自由现金流更多
CSGP
多$111.8M
$-10.5M
两年增速更快
CSGP
近两年复合增速
-3.8%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $899.9M | $555.0M |
| 净利润 | $46.5M | $-84.3M |
| 毛利率 | 78.6% | — |
| 营业利润率 | 5.5% | -6.4% |
| 净利率 | 5.2% | -15.2% |
| 营收同比 | 26.9% | -0.8% |
| 净利润同比 | -22.2% | 0.7% |
| 每股收益（稀释后） | $0.12 | $-1.04 |
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CSGPNVRI
| Q4 25 | $899.9M | $555.0M | ||
| Q3 25 | $833.6M | $574.8M | ||
| Q2 25 | $781.3M | $562.3M | ||
| Q1 25 | $732.2M | $548.3M | ||
| Q4 24 | $709.4M | $559.2M | ||
| Q3 24 | $692.6M | $573.6M | ||
| Q2 24 | $677.8M | $610.0M | ||
| Q1 24 | $656.4M | $600.3M |
净利润CSGPNVRI
| Q4 25 | $46.5M | $-84.3M | ||
| Q3 25 | $-30.9M | $-22.3M | ||
| Q2 25 | $6.2M | $-47.6M | ||
| Q1 25 | $-14.8M | $-13.4M | ||
| Q4 24 | $59.8M | $-84.9M | ||
| Q3 24 | $53.0M | $-13.2M | ||
| Q2 24 | $19.2M | $-13.6M | ||
| Q1 24 | $6.7M | $-18.0M |
毛利率CSGPNVRI
| 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CSGPNVRI
| Q4 25 | 5.5% | -6.4% | ||
| Q3 25 | -6.1% | 2.9% | ||
| Q2 25 | -3.5% | -1.3% | ||
| Q1 25 | -5.8% | 5.6% | ||
| Q4 24 | 5.6% | -11.4% | ||
| Q3 24 | 3.4% | 6.5% | ||
| Q2 24 | -2.4% | 5.1% | ||
| Q1 24 | -6.5% | 4.3% |
净利率CSGPNVRI
| Q4 25 | 5.2% | -15.2% | ||
| Q3 25 | -3.7% | -3.9% | ||
| Q2 25 | 0.8% | -8.5% | ||
| Q1 25 | -2.0% | -2.4% | ||
| Q4 24 | 8.4% | -15.2% | ||
| Q3 24 | 7.7% | -2.3% | ||
| Q2 24 | 2.8% | -2.2% | ||
| Q1 24 | 1.0% | -3.0% |
每股收益（稀释后）CSGPNVRI
| Q4 25 | $0.12 | $-1.04 | ||
| Q3 25 | $-0.07 | $-0.28 | ||
| Q2 25 | $0.01 | $-0.59 | ||
| Q1 25 | $-0.04 | $-0.17 | ||
| Q4 24 | $0.14 | $-1.07 | ||
| Q3 24 | $0.13 | $-0.16 | ||
| Q2 24 | $0.05 | $-0.17 | ||
| Q1 24 | $0.02 | $-0.22 |
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 | $103.7M |
| 总债务越低越好 | $140.0M | $1.6B |
| 股东权益账面价值 | $8.3B | $255.1M |
| 总资产 | $10.5B | $2.7B |
| 负债/权益比越低杠杆越低 | 0.02× | 6.10× |
8季度趋势，按日历期对齐
现金及短期投资CSGPNVRI
| Q4 25 | $1.6B | $103.7M | ||
| Q3 25 | $1.9B | $115.4M | ||
| Q2 25 | $3.6B | $97.8M | ||
| Q1 25 | $3.7B | $102.5M | ||
| Q4 24 | $4.7B | $88.4M | ||
| Q3 24 | — | $110.2M | ||
| Q2 24 | — | $104.0M | ||
| Q1 24 | — | $103.9M |
总债务CSGPNVRI
| Q4 25 | $140.0M | $1.6B | ||
| Q3 25 | $1.0B | — | ||
| Q2 25 | $1.0B | — | ||
| Q1 25 | $1.0B | — | ||
| Q4 24 | $1.0B | $1.4B | ||
| Q3 24 | $1.0B | — | ||
| Q2 24 | $1.0B | — | ||
| Q1 24 | $1.0B | — |
股东权益CSGPNVRI
| Q4 25 | $8.3B | $255.1M | ||
| Q3 25 | $8.6B | $361.1M | ||
| Q2 25 | $8.6B | $376.3M | ||
| Q1 25 | $8.6B | $409.0M | ||
| Q4 24 | $7.6B | $391.5M | ||
| Q3 24 | $7.5B | $484.0M | ||
| Q2 24 | $7.4B | $485.7M | ||
| Q1 24 | $7.3B | $500.9M |
总资产CSGPNVRI
| Q4 25 | $10.5B | $2.7B | ||
| Q3 25 | $10.8B | $2.8B | ||
| Q2 25 | $10.5B | $2.8B | ||
| Q1 25 | $10.4B | $2.7B | ||
| Q4 24 | $9.3B | $2.6B | ||
| Q3 24 | $9.1B | $2.8B | ||
| Q2 24 | $9.1B | $2.8B | ||
| Q1 24 | $9.0B | $2.8B |
负债/权益比CSGPNVRI
| Q4 25 | 0.02× | 6.10× | ||
| Q3 25 | 0.12× | — | ||
| Q2 25 | 0.12× | — | ||
| Q1 25 | 0.12× | — | ||
| Q4 24 | 0.13× | 3.66× | ||
| 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 | $38.4M |
| 自由现金流经营现金流 - 资本支出 | $101.3M | $-10.5M |
| 自由现金流率自由现金流/营收 | 11.3% | -1.9% |
| 资本支出强度资本支出/营收 | 6.8% | 8.8% |
| 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 | $-39.9M |
8季度趋势，按日历期对齐
经营现金流CSGPNVRI
| Q4 25 | $162.1M | $38.4M | ||
| Q3 25 | $68.2M | $34.4M | ||
| Q2 25 | $146.5M | $22.0M | ||
| Q1 25 | $53.2M | $6.6M | ||
| Q4 24 | $94.6M | $36.3M | ||
| Q3 24 | $100.3M | $1.4M | ||
| Q2 24 | $58.1M | $39.0M | ||
| Q1 24 | $139.6M | $1.3M |
自由现金流CSGPNVRI
| Q4 25 | $101.3M | $-10.5M | ||
| Q3 25 | $-5.5M | $2.7M | ||
| Q2 25 | $27.7M | $-17.1M | ||
| Q1 25 | $-500.0K | $-15.0M | ||
| Q4 24 | $25.2M | $1.8M | ||
| Q3 24 | $40.2M | $-40.2M | ||
| Q2 24 | $-14.7M | $5.4M | ||
| Q1 24 | $-237.1M | $-25.5M |
自由现金流率CSGPNVRI
| Q4 25 | 11.3% | -1.9% | ||
| Q3 25 | -0.7% | 0.5% | ||
| Q2 25 | 3.5% | -3.0% | ||
| Q1 25 | -0.1% | -2.7% | ||
| Q4 24 | 3.6% | 0.3% | ||
| Q3 24 | 5.8% | -7.0% | ||
| Q2 24 | -2.2% | 0.9% | ||
| Q1 24 | -36.1% | -4.3% |
资本支出强度CSGPNVRI
| Q4 25 | 6.8% | 8.8% | ||
| Q3 25 | 8.8% | 5.5% | ||
| Q2 25 | 15.2% | 6.9% | ||
| Q1 25 | 7.3% | 3.9% | ||
| Q4 24 | 9.8% | 6.2% | ||
| Q3 24 | 8.7% | 7.2% | ||
| Q2 24 | 10.7% | 5.5% | ||
| Q1 24 | 57.4% | 4.5% |
现金转化率CSGPNVRI
| Q4 25 | 3.49× | — | ||
| 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% |
NVRI
| Products And Services Service Revenue | $500.2M | 90% |
| After Market Parts And Services Safety And Diagnostic Technology | $23.0M | 4% |
| Railway Track Maintenance Equipment | $16.6M | 3% |
| Railway Contracting Services | $15.9M | 3% |
| Aluminum Dross And Scrap Processing Systems | $3.1M | 1% |
