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CoStar Group（CSGP）与Envista Holdings Corp（NVST）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Envista Holdings Corp的1.2倍（$899.9M vs $750.6M），CoStar Group净利率更高（5.2% vs 4.4%，领先0.8%），CoStar Group同比增速更快（26.9% vs 15.0%），CoStar Group自由现金流更多（$101.3M vs $91.7M），过去两年CoStar Group的营收复合增速更高（17.1% vs 9.7%）
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。
Envista Holdings Corp是一家总部位于美国的企业，旗下Envista Forensics业务板块面向保险、法律及风险管理行业，在全球范围内提供法务工程与事故复原解决方案。公司前身为LWG咨询有限公司，2017年正式更名为Envista Forensics。
CSGP vs NVST — 直观对比
营收规模更大
CSGP
是对方的1.2倍
$750.6M
营收增速更快
CSGP
高出11.9%
15.0%
净利率更高
CSGP
高出0.8%
4.4%
自由现金流更多
CSGP
多$9.6M
$91.7M
两年增速更快
CSGP
近两年复合增速
9.7%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $899.9M | $750.6M |
| 净利润 | $46.5M | $32.9M |
| 毛利率 | 78.6% | 54.7% |
| 营业利润率 | 5.5% | 9.8% |
| 净利率 | 5.2% | 4.4% |
| 营收同比 | 26.9% | 15.0% |
| 净利润同比 | -22.2% | 2641.7% |
| 每股收益（稀释后） | $0.12 | $0.20 |
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CSGPNVST
| Q4 25 | $899.9M | $750.6M | ||
| Q3 25 | $833.6M | $669.9M | ||
| Q2 25 | $781.3M | $682.1M | ||
| Q1 25 | $732.2M | $616.9M | ||
| Q4 24 | $709.4M | $652.9M | ||
| Q3 24 | $692.6M | $601.0M | ||
| Q2 24 | $677.8M | $633.1M | ||
| Q1 24 | $656.4M | $623.6M |
净利润CSGPNVST
| Q4 25 | $46.5M | $32.9M | ||
| Q3 25 | $-30.9M | $-30.3M | ||
| Q2 25 | $6.2M | $26.4M | ||
| Q1 25 | $-14.8M | $18.0M | ||
| Q4 24 | $59.8M | $1.2M | ||
| Q3 24 | $53.0M | $8.2M | ||
| Q2 24 | $19.2M | $-1.2B | ||
| Q1 24 | $6.7M | $23.6M |
毛利率CSGPNVST
| Q4 25 | 78.6% | 54.7% | ||
| Q3 25 | 79.3% | 55.3% | ||
| Q2 25 | 78.5% | 54.2% | ||
| Q1 25 | 79.1% | 54.5% | ||
| Q4 24 | 80.1% | 57.1% | ||
| Q3 24 | 79.7% | 52.8% | ||
| Q2 24 | 80.0% | 51.6% | ||
| Q1 24 | 78.5% | 57.1% |
营业利润率CSGPNVST
| Q4 25 | 5.5% | 9.8% | ||
| Q3 25 | -6.1% | 8.6% | ||
| Q2 25 | -3.5% | 6.8% | ||
| Q1 25 | -5.8% | 6.3% | ||
| Q4 24 | 5.6% | 7.1% | ||
| Q3 24 | 3.4% | 3.5% | ||
| Q2 24 | -2.4% | -182.2% | ||
| Q1 24 | -6.5% | 7.7% |
净利率CSGPNVST
| Q4 25 | 5.2% | 4.4% | ||
| Q3 25 | -3.7% | -4.5% | ||
| Q2 25 | 0.8% | 3.9% | ||
| Q1 25 | -2.0% | 2.9% | ||
| Q4 24 | 8.4% | 0.2% | ||
| Q3 24 | 7.7% | 1.4% | ||
| Q2 24 | 2.8% | -181.9% | ||
| Q1 24 | 1.0% | 3.8% |
每股收益（稀释后）CSGPNVST
| Q4 25 | $0.12 | $0.20 | ||
| Q3 25 | $-0.07 | $-0.18 | ||
| Q2 25 | $0.01 | $0.16 | ||
| Q1 25 | $-0.04 | $0.10 | ||
| Q4 24 | $0.14 | $0.00 | ||
| Q3 24 | $0.13 | $0.05 | ||
| Q2 24 | $0.05 | $-6.69 | ||
| Q1 24 | $0.02 | $0.14 |
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 | $1.2B |
| 总债务越低越好 | $140.0M | $1.4B |
| 股东权益账面价值 | $8.3B | $3.1B |
| 总资产 | $10.5B | $5.7B |
| 负债/权益比越低杠杆越低 | 0.02× | 0.47× |
8季度趋势，按日历期对齐
现金及短期投资CSGPNVST
| Q4 25 | $1.6B | $1.2B | ||
| Q3 25 | $1.9B | $1.1B | ||
| Q2 25 | $3.6B | $1.1B | ||
| Q1 25 | $3.7B | $1.1B | ||
| Q4 24 | $4.7B | $1.1B | ||
| Q3 24 | — | $991.3M | ||
| Q2 24 | — | $1.0B | ||
| Q1 24 | — | $948.5M |
总债务CSGPNVST
| Q4 25 | $140.0M | $1.4B | ||
| Q3 25 | $1.0B | $1.4B | ||
| Q2 25 | $1.0B | $1.4B | ||
| Q1 25 | $1.0B | $1.4B | ||
| Q4 24 | $1.0B | $1.4B | ||
| Q3 24 | $1.0B | $1.4B | ||
| Q2 24 | $1.0B | $1.5B | ||
| Q1 24 | $1.0B | $1.5B |
股东权益CSGPNVST
| Q4 25 | $8.3B | $3.1B | ||
| 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 | $3.1B | ||
| Q2 24 | $7.4B | $3.0B | ||
| Q1 24 | $7.3B | $4.1B |
总资产CSGPNVST
| Q4 25 | $10.5B | $5.7B | ||
| Q3 25 | $10.8B | $5.6B | ||
| Q2 25 | $10.5B | $5.7B | ||
| Q1 25 | $10.4B | $5.5B | ||
| Q4 24 | $9.3B | $5.4B | ||
| Q3 24 | $9.1B | $5.5B | ||
| Q2 24 | $9.1B | $5.4B | ||
| Q1 24 | $9.0B | $6.6B |
负债/权益比CSGPNVST
| Q4 25 | 0.02× | 0.47× | ||
| Q3 25 | 0.12× | 0.47× | ||
| Q2 25 | 0.12× | 0.46× | ||
| Q1 25 | 0.12× | 0.47× | ||
| Q4 24 | 0.13× | 0.48× | ||
| Q3 24 | 0.13× | 0.46× | ||
| Q2 24 | 0.14× | 0.51× | ||
| Q1 24 | 0.14× | 0.36× |
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 | $108.0M |
| 自由现金流经营现金流 - 资本支出 | $101.3M | $91.7M |
| 自由现金流率自由现金流/营收 | 11.3% | 12.2% |
| 资本支出强度资本支出/营收 | 6.8% | 2.2% |
| 现金转化率经营现金流/净利润 | 3.49× | 3.28× |
| 过去12个月自由现金流最近4个季度 | $123.0M | $230.4M |
8季度趋势，按日历期对齐
经营现金流CSGPNVST
| Q4 25 | $162.1M | $108.0M | ||
| Q3 25 | $68.2M | $78.7M | ||
| Q2 25 | $146.5M | $88.7M | ||
| Q1 25 | $53.2M | $300.0K | ||
| Q4 24 | $94.6M | $132.4M | ||
| Q3 24 | $100.3M | $70.7M | ||
| Q2 24 | $58.1M | $93.1M | ||
| Q1 24 | $139.6M | $40.3M |
自由现金流CSGPNVST
| Q4 25 | $101.3M | $91.7M | ||
| Q3 25 | $-5.5M | $67.9M | ||
| Q2 25 | $27.7M | $76.4M | ||
| Q1 25 | $-500.0K | $-5.6M | ||
| Q4 24 | $25.2M | $123.8M | ||
| Q3 24 | $40.2M | $63.3M | ||
| Q2 24 | $-14.7M | $86.3M | ||
| Q1 24 | $-237.1M | $29.3M |
自由现金流率CSGPNVST
| Q4 25 | 11.3% | 12.2% | ||
| Q3 25 | -0.7% | 10.1% | ||
| Q2 25 | 3.5% | 11.2% | ||
| Q1 25 | -0.1% | -0.9% | ||
| Q4 24 | 3.6% | 19.0% | ||
| Q3 24 | 5.8% | 10.5% | ||
| Q2 24 | -2.2% | 13.6% | ||
| Q1 24 | -36.1% | 4.7% |
资本支出强度CSGPNVST
| Q4 25 | 6.8% | 2.2% | ||
| Q3 25 | 8.8% | 1.6% | ||
| Q2 25 | 15.2% | 1.8% | ||
| Q1 25 | 7.3% | 1.0% | ||
| Q4 24 | 9.8% | 1.3% | ||
| Q3 24 | 8.7% | 1.2% | ||
| Q2 24 | 10.7% | 1.1% | ||
| Q1 24 | 57.4% | 1.8% |
现金转化率CSGPNVST
| Q4 25 | 3.49× | 3.28× | ||
| Q3 25 | — | — | ||
| Q2 25 | 23.63× | 3.36× | ||
| Q1 25 | — | 0.02× | ||
| Q4 24 | 1.58× | 110.33× | ||
| Q3 24 | 1.89× | 8.62× | ||
| Q2 24 | 3.03× | — | ||
| Q1 24 | 20.84× | 1.71× |
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% |
NVST
| Other | $375.8M | 50% |
| Specialty Productsand Technologies | $188.4M | 25% |
| Equipmentand Consumables | $186.4M | 25% |
