vs
CoStar Group（CSGP）与罗致恒富（RHI）财务数据对比。点击上方公司名可切换其他公司
罗致恒富的季度营收约是CoStar Group的1.4倍（$1.3B vs $899.9M），CoStar Group同比增速更快（26.9% vs -5.8%），罗致恒富自由现金流更多（$170.8M vs $101.3M），过去两年CoStar Group的营收复合增速更高（17.1% vs -6.1%）
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。
罗致恒富是1948年成立的国际人力资源咨询机构，总部位于加利福尼亚州门洛帕克和圣拉蒙，是全球规模领先的会计与金融领域人才派遣服务商之一，在全球范围内设有超过345个办公点。
CSGP vs RHI — 直观对比
营收规模更大
RHI
是对方的1.4倍
$899.9M
营收增速更快
CSGP
高出32.6%
-5.8%
自由现金流更多
RHI
多$69.5M
$101.3M
两年增速更快
CSGP
近两年复合增速
-6.1%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $899.9M | $1.3B |
| 净利润 | $46.5M | — |
| 毛利率 | 78.6% | 37.6% |
| 营业利润率 | 5.5% | 1.7% |
| 净利率 | 5.2% | — |
| 营收同比 | 26.9% | -5.8% |
| 净利润同比 | -22.2% | — |
| 每股收益（稀释后） | $0.12 | $0.32 |
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CSGPRHI
| Q4 25 | $899.9M | $1.3B | ||
| Q3 25 | $833.6M | $1.4B | ||
| Q2 25 | $781.3M | $1.4B | ||
| Q1 25 | $732.2M | $1.4B | ||
| Q4 24 | $709.4M | $1.4B | ||
| Q3 24 | $692.6M | $1.5B | ||
| Q2 24 | $677.8M | $1.5B | ||
| Q1 24 | $656.4M | $1.5B |
净利润CSGPRHI
| Q4 25 | $46.5M | — | ||
| Q3 25 | $-30.9M | $42.9M | ||
| Q2 25 | $6.2M | $41.0M | ||
| Q1 25 | $-14.8M | $17.4M | ||
| Q4 24 | $59.8M | — | ||
| Q3 24 | $53.0M | $65.5M | ||
| Q2 24 | $19.2M | $68.2M | ||
| Q1 24 | $6.7M | $63.7M |
毛利率CSGPRHI
| Q4 25 | 78.6% | 37.6% | ||
| Q3 25 | 79.3% | 37.2% | ||
| Q2 25 | 78.5% | 37.2% | ||
| Q1 25 | 79.1% | 36.9% | ||
| Q4 24 | 80.1% | 38.8% | ||
| Q3 24 | 79.7% | 39.0% | ||
| Q2 24 | 80.0% | 39.2% | ||
| Q1 24 | 78.5% | 38.1% |
营业利润率CSGPRHI
| Q4 25 | 5.5% | 1.7% | ||
| Q3 25 | -6.1% | 1.0% | ||
| Q2 25 | -3.5% | 0.1% | ||
| Q1 25 | -5.8% | 2.9% | ||
| Q4 24 | 5.6% | 4.7% | ||
| Q3 24 | 3.4% | 4.1% | ||
| Q2 24 | -2.4% | 5.1% | ||
| Q1 24 | -6.5% | 2.8% |
净利率CSGPRHI
| Q4 25 | 5.2% | — | ||
| Q3 25 | -3.7% | 3.2% | ||
| Q2 25 | 0.8% | 3.0% | ||
| Q1 25 | -2.0% | 1.3% | ||
| Q4 24 | 8.4% | — | ||
| Q3 24 | 7.7% | 4.5% | ||
| Q2 24 | 2.8% | 4.6% | ||
| Q1 24 | 1.0% | 4.3% |
每股收益（稀释后）CSGPRHI
| Q4 25 | $0.12 | $0.32 | ||
| Q3 25 | $-0.07 | $0.43 | ||
| Q2 25 | $0.01 | $0.41 | ||
| Q1 25 | $-0.04 | $0.17 | ||
| Q4 24 | $0.14 | $0.53 | ||
| Q3 24 | $0.13 | $0.64 | ||
| Q2 24 | $0.05 | $0.66 | ||
| Q1 24 | $0.02 | $0.61 |
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 | $464.4M |
| 总债务越低越好 | $140.0M | — |
| 股东权益账面价值 | $8.3B | $1.3B |
| 总资产 | $10.5B | $2.9B |
| 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CSGPRHI
| Q4 25 | $1.6B | $464.4M | ||
| Q3 25 | $1.9B | $365.3M | ||
| Q2 25 | $3.6B | $380.5M | ||
| Q1 25 | $3.7B | $342.5M | ||
| Q4 24 | $4.7B | $537.6M | ||
| Q3 24 | — | $570.5M | ||
| Q2 24 | — | $547.4M | ||
| Q1 24 | — | $540.9M |
总债务CSGPRHI
| 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CSGPRHI
| Q4 25 | $8.3B | $1.3B | ||
| Q3 25 | $8.6B | $1.3B | ||
| Q2 25 | $8.6B | $1.3B | ||
| Q1 25 | $8.6B | $1.3B | ||
| Q4 24 | $7.6B | $1.4B | ||
| Q3 24 | $7.5B | $1.5B | ||
| Q2 24 | $7.4B | $1.5B | ||
| Q1 24 | $7.3B | $1.5B |
总资产CSGPRHI
| Q4 25 | $10.5B | $2.9B | ||
| Q3 25 | $10.8B | $2.8B | ||
| Q2 25 | $10.5B | $2.8B | ||
| Q1 25 | $10.4B | $2.7B | ||
| Q4 24 | $9.3B | $2.9B | ||
| Q3 24 | $9.1B | $3.0B | ||
| Q2 24 | $9.1B | $2.9B | ||
| Q1 24 | $9.0B | $2.9B |
负债/权益比CSGPRHI
| 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 | $182.5M |
| 自由现金流经营现金流 - 资本支出 | $101.3M | $170.8M |
| 自由现金流率自由现金流/营收 | 11.3% | 13.1% |
| 资本支出强度资本支出/营收 | 6.8% | 0.9% |
| 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 | $266.8M |
8季度趋势，按日历期对齐
经营现金流CSGPRHI
| Q4 25 | $162.1M | $182.5M | ||
| Q3 25 | $68.2M | $77.4M | ||
| Q2 25 | $146.5M | $119.4M | ||
| Q1 25 | $53.2M | $-59.3M | ||
| Q4 24 | $94.6M | $154.8M | ||
| Q3 24 | $100.3M | $129.6M | ||
| Q2 24 | $58.1M | $142.0M | ||
| Q1 24 | $139.6M | $-15.9M |
自由现金流CSGPRHI
| Q4 25 | $101.3M | $170.8M | ||
| Q3 25 | $-5.5M | $63.6M | ||
| Q2 25 | $27.7M | $104.2M | ||
| Q1 25 | $-500.0K | $-71.7M | ||
| Q4 24 | $25.2M | $140.5M | ||
| Q3 24 | $40.2M | $111.8M | ||
| Q2 24 | $-14.7M | $129.6M | ||
| Q1 24 | $-237.1M | $-27.7M |
自由现金流率CSGPRHI
| Q4 25 | 11.3% | 13.1% | ||
| Q3 25 | -0.7% | 4.7% | ||
| Q2 25 | 3.5% | 7.6% | ||
| Q1 25 | -0.1% | -5.3% | ||
| Q4 24 | 3.6% | 10.2% | ||
| Q3 24 | 5.8% | 7.6% | ||
| Q2 24 | -2.2% | 8.8% | ||
| Q1 24 | -36.1% | -1.9% |
资本支出强度CSGPRHI
| Q4 25 | 6.8% | 0.9% | ||
| Q3 25 | 8.8% | 1.0% | ||
| Q2 25 | 15.2% | 1.1% | ||
| Q1 25 | 7.3% | 0.9% | ||
| Q4 24 | 9.8% | 1.0% | ||
| Q3 24 | 8.7% | 1.2% | ||
| Q2 24 | 10.7% | 0.8% | ||
| Q1 24 | 57.4% | 0.8% |
现金转化率CSGPRHI
| Q4 25 | 3.49× | — | ||
| Q3 25 | — | 1.80× | ||
| Q2 25 | 23.63× | 2.91× | ||
| Q1 25 | — | -3.42× | ||
| Q4 24 | 1.58× | — | ||
| Q3 24 | 1.89× | 1.98× | ||
| Q2 24 | 3.03× | 2.08× | ||
| Q1 24 | 20.84× | -0.25× |
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% |
RHI
| Finance And Accounting | $535.2M | 41% |
| Protiviti | $479.0M | 37% |
| Technology | $156.4M | 12% |
| Permanent Placement Talent Solutions | $102.6M | 8% |
| Other | $29.2M | 2% |
