vs
CoStar Group（CSGP）与Playtika Holding Corp.（PLTK）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Playtika Holding Corp.的1.3倍（$899.9M vs $678.8M），CoStar Group净利率更高（5.2% vs -45.6%，领先50.7%），CoStar Group同比增速更快（26.9% vs 4.4%），Playtika Holding Corp.自由现金流更多（$275.2M vs $101.3M），过去两年CoStar Group的营收复合增速更高（17.1% vs 2.1%）
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。
Playtika Holding Corp是一家专注于移动端游戏开发与发行的以色列数字娱乐企业，主打休闲社交类手游产品，在全球拥有庞大用户群体。截至2021年，该公司月活跃用户规模已经突破3500万，是行业内影响力突出的移动游戏厂商。
CSGP vs PLTK — 直观对比
营收规模更大
CSGP
是对方的1.3倍
$678.8M
营收增速更快
CSGP
高出22.5%
4.4%
净利率更高
CSGP
高出50.7%
-45.6%
自由现金流更多
PLTK
多$173.9M
$101.3M
两年增速更快
CSGP
近两年复合增速
2.1%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $899.9M | $678.8M |
| 净利润 | $46.5M | $-309.3M |
| 毛利率 | 78.6% | 72.5% |
| 营业利润率 | 5.5% | -41.4% |
| 净利率 | 5.2% | -45.6% |
| 营收同比 | 26.9% | 4.4% |
| 净利润同比 | -22.2% | -1752.1% |
| 每股收益（稀释后） | $0.12 | $-0.83 |
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CSGPPLTK
| Q4 25 | $899.9M | $678.8M | ||
| Q3 25 | $833.6M | $674.6M | ||
| Q2 25 | $781.3M | $696.0M | ||
| Q1 25 | $732.2M | $706.0M | ||
| Q4 24 | $709.4M | $650.3M | ||
| Q3 24 | $692.6M | $620.8M | ||
| Q2 24 | $677.8M | $627.0M | ||
| Q1 24 | $656.4M | $651.2M |
净利润CSGPPLTK
| Q4 25 | $46.5M | $-309.3M | ||
| Q3 25 | $-30.9M | $39.1M | ||
| Q2 25 | $6.2M | $33.2M | ||
| Q1 25 | $-14.8M | $30.6M | ||
| Q4 24 | $59.8M | $-16.7M | ||
| Q3 24 | $53.0M | $39.3M | ||
| Q2 24 | $19.2M | $86.6M | ||
| Q1 24 | $6.7M | $53.0M |
毛利率CSGPPLTK
| Q4 25 | 78.6% | 72.5% | ||
| Q3 25 | 79.3% | 73.6% | ||
| Q2 25 | 78.5% | 71.9% | ||
| Q1 25 | 79.1% | 72.0% | ||
| Q4 24 | 80.1% | 72.5% | ||
| Q3 24 | 79.7% | 72.9% | ||
| Q2 24 | 80.0% | 73.2% | ||
| Q1 24 | 78.5% | 72.8% |
营业利润率CSGPPLTK
| Q4 25 | 5.5% | -41.4% | ||
| Q3 25 | -6.1% | 14.6% | ||
| Q2 25 | -3.5% | 15.8% | ||
| Q1 25 | -5.8% | 9.6% | ||
| Q4 24 | 5.6% | 8.5% | ||
| Q3 24 | 3.4% | 15.7% | ||
| Q2 24 | -2.4% | 22.4% | ||
| Q1 24 | -6.5% | 15.1% |
净利率CSGPPLTK
| Q4 25 | 5.2% | -45.6% | ||
| Q3 25 | -3.7% | 5.8% | ||
| Q2 25 | 0.8% | 4.8% | ||
| Q1 25 | -2.0% | 4.3% | ||
| Q4 24 | 8.4% | -2.6% | ||
| Q3 24 | 7.7% | 6.3% | ||
| Q2 24 | 2.8% | 13.8% | ||
| Q1 24 | 1.0% | 8.1% |
每股收益（稀释后）CSGPPLTK
| Q4 25 | $0.12 | $-0.83 | ||
| Q3 25 | $-0.07 | $0.11 | ||
| Q2 25 | $0.01 | $0.09 | ||
| Q1 25 | $-0.04 | $0.08 | ||
| Q4 24 | $0.14 | $-0.04 | ||
| Q3 24 | $0.13 | $0.11 | ||
| Q2 24 | $0.05 | $0.23 | ||
| 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 | $684.2M |
| 总债务越低越好 | $140.0M | $2.4B |
| 股东权益账面价值 | $8.3B | $-411.4M |
| 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CSGPPLTK
| Q4 25 | $1.6B | $684.2M | ||
| Q3 25 | $1.9B | $587.9M | ||
| Q2 25 | $3.6B | $500.9M | ||
| Q1 25 | $3.7B | $434.8M | ||
| Q4 24 | $4.7B | $565.8M | ||
| Q3 24 | — | $1.1B | ||
| Q2 24 | — | $710.3M | ||
| Q1 24 | — | $1.0B |
总债务CSGPPLTK
| Q4 25 | $140.0M | $2.4B | ||
| Q3 25 | $1.0B | $2.4B | ||
| Q2 25 | $1.0B | $2.4B | ||
| Q1 25 | $1.0B | $2.4B | ||
| Q4 24 | $1.0B | $2.4B | ||
| Q3 24 | $1.0B | $2.4B | ||
| Q2 24 | $1.0B | $2.4B | ||
| Q1 24 | $1.0B | $2.4B |
股东权益CSGPPLTK
| Q4 25 | $8.3B | $-411.4M | ||
| Q3 25 | $8.6B | $-74.8M | ||
| Q2 25 | $8.6B | $-87.8M | ||
| Q1 25 | $8.6B | $-117.2M | ||
| Q4 24 | $7.6B | $-131.1M | ||
| Q3 24 | $7.5B | $-98.0M | ||
| Q2 24 | $7.4B | $-112.9M | ||
| Q1 24 | $7.3B | $-180.4M |
总资产CSGPPLTK
| Q4 25 | $10.5B | $3.7B | ||
| Q3 25 | $10.8B | $3.7B | ||
| Q2 25 | $10.5B | $3.6B | ||
| Q1 25 | $10.4B | $3.6B | ||
| Q4 24 | $9.3B | $3.6B | ||
| Q3 24 | $9.1B | $3.2B | ||
| Q2 24 | $9.1B | $3.2B | ||
| Q1 24 | $9.0B | $3.1B |
负债/权益比CSGPPLTK
| 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 | $285.9M |
| 自由现金流经营现金流 - 资本支出 | $101.3M | $275.2M |
| 自由现金流率自由现金流/营收 | 11.3% | 40.5% |
| 资本支出强度资本支出/营收 | 6.8% | 1.6% |
| 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 | $531.4M |
8季度趋势，按日历期对齐
经营现金流CSGPPLTK
| Q4 25 | $162.1M | $285.9M | ||
| Q3 25 | $68.2M | $116.9M | ||
| Q2 25 | $146.5M | $146.1M | ||
| Q1 25 | $53.2M | $18.8M | ||
| Q4 24 | $94.6M | $153.1M | ||
| Q3 24 | $100.3M | $156.9M | ||
| Q2 24 | $58.1M | $150.5M | ||
| Q1 24 | $139.6M | $29.6M |
自由现金流CSGPPLTK
| Q4 25 | $101.3M | $275.2M | ||
| Q3 25 | $-5.5M | $106.5M | ||
| Q2 25 | $27.7M | $141.3M | ||
| Q1 25 | $-500.0K | $8.4M | ||
| Q4 24 | $25.2M | $140.3M | ||
| Q3 24 | $40.2M | $152.1M | ||
| Q2 24 | $-14.7M | $141.2M | ||
| Q1 24 | $-237.1M | $15.6M |
自由现金流率CSGPPLTK
| Q4 25 | 11.3% | 40.5% | ||
| Q3 25 | -0.7% | 15.8% | ||
| Q2 25 | 3.5% | 20.3% | ||
| Q1 25 | -0.1% | 1.2% | ||
| Q4 24 | 3.6% | 21.6% | ||
| Q3 24 | 5.8% | 24.5% | ||
| Q2 24 | -2.2% | 22.5% | ||
| Q1 24 | -36.1% | 2.4% |
资本支出强度CSGPPLTK
| Q4 25 | 6.8% | 1.6% | ||
| Q3 25 | 8.8% | 1.5% | ||
| Q2 25 | 15.2% | 0.7% | ||
| Q1 25 | 7.3% | 1.5% | ||
| Q4 24 | 9.8% | 2.0% | ||
| Q3 24 | 8.7% | 0.8% | ||
| Q2 24 | 10.7% | 1.5% | ||
| Q1 24 | 57.4% | 2.1% |
现金转化率CSGPPLTK
| Q4 25 | 3.49× | — | ||
| Q3 25 | — | 2.99× | ||
| Q2 25 | 23.63× | 4.40× | ||
| Q1 25 | — | 0.61× | ||
| Q4 24 | 1.58× | — | ||
| Q3 24 | 1.89× | 3.99× | ||
| Q2 24 | 3.03× | 1.74× | ||
| Q1 24 | 20.84× | 0.56× |
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% |
PLTK
| Third Party Platform | $428.7M | 63% |
| Other | $158.8M | 23% |
| Asia Pacific | $52.7M | 8% |
| Other Geographic Location | $38.6M | 6% |
