vs
CoStar Group（CSGP）与EPLUS INC（PLUS）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EPLUS INC的1.5倍（$899.9M vs $614.8M），EPLUS INC净利率更高（5.7% vs 5.2%，领先0.5%），CoStar Group同比增速更快（26.9% vs 20.3%），过去两年CoStar Group的营收复合增速更高（17.1% vs 2.3%）
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。
ePlus Inc.是美国的科技咨询解决方案提供商，业务覆盖网络安全、云计算、网络架构、协作办公、人工智能及前沿技术领域，为超5000家客户提供定制化解决方案、专业咨询与托管服务，助力企业实现数字化转型与技术升级。
CSGP vs PLUS — 直观对比
营收规模更大
CSGP
是对方的1.5倍
$614.8M
营收增速更快
CSGP
高出6.5%
20.3%
净利率更高
PLUS
高出0.5%
5.2%
两年增速更快
CSGP
近两年复合增速
2.3%
损益表 — Q4 FY2025 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $899.9M | $614.8M |
| 净利润 | $46.5M | $35.1M |
| 毛利率 | 78.6% | 25.8% |
| 营业利润率 | 5.5% | 7.1% |
| 净利率 | 5.2% | 5.7% |
| 营收同比 | 26.9% | 20.3% |
| 净利润同比 | -22.2% | 45.2% |
| 每股收益（稀释后） | $0.12 | $1.33 |
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CSGPPLUS
| Q4 25 | $899.9M | $614.8M | ||
| Q3 25 | $833.6M | $608.8M | ||
| Q2 25 | $781.3M | $637.3M | ||
| Q1 25 | $732.2M | — | ||
| Q4 24 | $709.4M | $493.2M | ||
| Q3 24 | $692.6M | $493.4M | ||
| Q2 24 | $677.8M | $535.7M | ||
| Q1 24 | $656.4M | — |
净利润CSGPPLUS
| Q4 25 | $46.5M | $35.1M | ||
| Q3 25 | $-30.9M | $34.9M | ||
| Q2 25 | $6.2M | $37.7M | ||
| Q1 25 | $-14.8M | — | ||
| Q4 24 | $59.8M | $24.1M | ||
| Q3 24 | $53.0M | $31.3M | ||
| Q2 24 | $19.2M | $27.3M | ||
| Q1 24 | $6.7M | — |
毛利率CSGPPLUS
| Q4 25 | 78.6% | 25.8% | ||
| Q3 25 | 79.3% | 26.6% | ||
| Q2 25 | 78.5% | 23.3% | ||
| Q1 25 | 79.1% | — | ||
| Q4 24 | 80.1% | 25.4% | ||
| Q3 24 | 79.7% | 25.8% | ||
| Q2 24 | 80.0% | 23.7% | ||
| Q1 24 | 78.5% | — |
营业利润率CSGPPLUS
| Q4 25 | 5.5% | 7.1% | ||
| Q3 25 | -6.1% | 8.0% | ||
| Q2 25 | -3.5% | 5.7% | ||
| Q1 25 | -5.8% | — | ||
| Q4 24 | 5.6% | 3.3% | ||
| Q3 24 | 3.4% | 5.5% | ||
| Q2 24 | -2.4% | 5.9% | ||
| Q1 24 | -6.5% | — |
净利率CSGPPLUS
| Q4 25 | 5.2% | 5.7% | ||
| Q3 25 | -3.7% | 5.7% | ||
| Q2 25 | 0.8% | 5.9% | ||
| Q1 25 | -2.0% | — | ||
| Q4 24 | 8.4% | 4.9% | ||
| Q3 24 | 7.7% | 6.3% | ||
| Q2 24 | 2.8% | 5.1% | ||
| Q1 24 | 1.0% | — |
每股收益（稀释后）CSGPPLUS
| Q4 25 | $0.12 | $1.33 | ||
| Q3 25 | $-0.07 | $1.32 | ||
| Q2 25 | $0.01 | $1.43 | ||
| Q1 25 | $-0.04 | — | ||
| Q4 24 | $0.14 | $0.91 | ||
| Q3 24 | $0.13 | $1.17 | ||
| Q2 24 | $0.05 | $1.02 | ||
| Q1 24 | $0.02 | — |
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 | $326.3M |
| 总债务越低越好 | $140.0M | — |
| 股东权益账面价值 | $8.3B | $1.1B |
| 总资产 | $10.5B | $1.8B |
| 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CSGPPLUS
| Q4 25 | $1.6B | $326.3M | ||
| Q3 25 | $1.9B | $402.2M | ||
| Q2 25 | $3.6B | $480.2M | ||
| Q1 25 | $3.7B | — | ||
| Q4 24 | $4.7B | $253.1M | ||
| Q3 24 | — | $187.5M | ||
| Q2 24 | — | $349.9M | ||
| Q1 24 | — | — |
总债务CSGPPLUS
| 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CSGPPLUS
| Q4 25 | $8.3B | $1.1B | ||
| Q3 25 | $8.6B | $1.0B | ||
| Q2 25 | $8.6B | $1.0B | ||
| Q1 25 | $8.6B | — | ||
| Q4 24 | $7.6B | $962.3M | ||
| Q3 24 | $7.5B | $947.0M | ||
| Q2 24 | $7.4B | $921.9M | ||
| Q1 24 | $7.3B | — |
总资产CSGPPLUS
| Q4 25 | $10.5B | $1.8B | ||
| Q3 25 | $10.8B | $1.8B | ||
| Q2 25 | $10.5B | $1.8B | ||
| Q1 25 | $10.4B | — | ||
| Q4 24 | $9.3B | $1.8B | ||
| Q3 24 | $9.1B | $1.7B | ||
| Q2 24 | $9.1B | $1.7B | ||
| Q1 24 | $9.0B | — |
负债/权益比CSGPPLUS
| 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 | $-87.4M |
| 自由现金流经营现金流 - 资本支出 | $101.3M | — |
| 自由现金流率自由现金流/营收 | 11.3% | — |
| 资本支出强度资本支出/营收 | 6.8% | — |
| 现金转化率经营现金流/净利润 | 3.49× | -2.49× |
| 过去12个月自由现金流最近4个季度 | $123.0M | — |
8季度趋势，按日历期对齐
经营现金流CSGPPLUS
| Q4 25 | $162.1M | $-87.4M | ||
| Q3 25 | $68.2M | $-34.8M | ||
| Q2 25 | $146.5M | $-99.0M | ||
| Q1 25 | $53.2M | — | ||
| Q4 24 | $94.6M | $65.7M | ||
| Q3 24 | $100.3M | $-21.6M | ||
| Q2 24 | $58.1M | $97.1M | ||
| Q1 24 | $139.6M | — |
自由现金流CSGPPLUS
| Q4 25 | $101.3M | — | ||
| Q3 25 | $-5.5M | — | ||
| Q2 25 | $27.7M | — | ||
| Q1 25 | $-500.0K | — | ||
| Q4 24 | $25.2M | — | ||
| Q3 24 | $40.2M | — | ||
| Q2 24 | $-14.7M | — | ||
| Q1 24 | $-237.1M | — |
自由现金流率CSGPPLUS
| Q4 25 | 11.3% | — | ||
| Q3 25 | -0.7% | — | ||
| Q2 25 | 3.5% | — | ||
| Q1 25 | -0.1% | — | ||
| Q4 24 | 3.6% | — | ||
| Q3 24 | 5.8% | — | ||
| Q2 24 | -2.2% | — | ||
| Q1 24 | -36.1% | — |
资本支出强度CSGPPLUS
| Q4 25 | 6.8% | — | ||
| Q3 25 | 8.8% | — | ||
| Q2 25 | 15.2% | — | ||
| Q1 25 | 7.3% | — | ||
| Q4 24 | 9.8% | — | ||
| Q3 24 | 8.7% | — | ||
| Q2 24 | 10.7% | — | ||
| Q1 24 | 57.4% | — |
现金转化率CSGPPLUS
| Q4 25 | 3.49× | -2.49× | ||
| Q3 25 | — | -1.00× | ||
| Q2 25 | 23.63× | -2.63× | ||
| Q1 25 | — | — | ||
| Q4 24 | 1.58× | 2.72× | ||
| Q3 24 | 1.89× | -0.69× | ||
| Q2 24 | 3.03× | 3.55× | ||
| 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% |
PLUS
| All Others Customer End Market | $107.0M | 17% |
| Technology Customer End Market | $89.4M | 15% |
| Health Care Customer End Market | $81.5M | 13% |
| Financial Services Customer End Market | $66.1M | 11% |
| Professional Services Reporting Unit | $64.1M | 10% |
| Security | $61.1M | 10% |
| State And Local Government And Educational Institutions | $59.9M | 10% |
| Managed Services Reporting Unit | $48.8M | 8% |
| Other Product | $21.1M | 3% |
| Collaboration | $13.4M | 2% |
