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CoStar Group（CSGP）与永利度假村有限公司（RRR）财务数据对比。点击上方公司名可切换其他公司
CoStar Group的季度营收约是永利度假村有限公司的1.8倍（$899.9M vs $507.3M），永利度假村有限公司净利率更高（16.3% vs 5.2%，领先11.1%），CoStar Group同比增速更快（26.9% vs 1.9%），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。
永利度假村有限公司是总部位于美国内华达州帕拉代斯的上市企业，专注于高端酒店与赌场的开发及运营。公司由前梦幻度假村集团董事长兼首席执行官史蒂夫·永利于2002年创立，现任首席执行官为克雷格·比林斯，截至2020年共开发了6处物业。
CSGP vs RRR — 直观对比
营收规模更大
CSGP
是对方的1.8倍
$507.3M
营收增速更快
CSGP
高出25.0%
1.9%
净利率更高
RRR
高出11.1%
5.2%
两年增速更快
CSGP
近两年复合增速
2.1%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $899.9M | $507.3M |
| 净利润 | $46.5M | $82.7M |
| 毛利率 | 78.6% | — |
| 营业利润率 | 5.5% | 28.3% |
| 净利率 | 5.2% | 16.3% |
| 营收同比 | 26.9% | 1.9% |
| 净利润同比 | -22.2% | -3.8% |
| 每股收益（稀释后） | $0.12 | $0.73 |
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CSGPRRR
| Q1 26 | — | $507.3M | ||
| Q4 25 | $899.9M | $511.8M | ||
| Q3 25 | $833.6M | $475.6M | ||
| Q2 25 | $781.3M | $526.3M | ||
| Q1 25 | $732.2M | $497.9M | ||
| Q4 24 | $709.4M | $495.7M | ||
| Q3 24 | $692.6M | $468.0M | ||
| Q2 24 | $677.8M | $486.4M |
净利润CSGPRRR
| Q1 26 | — | $82.7M | ||
| Q4 25 | $46.5M | $44.7M | ||
| Q3 25 | $-30.9M | $42.3M | ||
| Q2 25 | $6.2M | $56.4M | ||
| Q1 25 | $-14.8M | $44.7M | ||
| Q4 24 | $59.8M | $46.6M | ||
| Q3 24 | $53.0M | $29.0M | ||
| Q2 24 | $19.2M | $35.7M |
毛利率CSGPRRR
| Q1 26 | — | — | ||
| 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% | — |
营业利润率CSGPRRR
| Q1 26 | — | 28.3% | ||
| Q4 25 | 5.5% | 28.1% | ||
| Q3 25 | -6.1% | 27.6% | ||
| Q2 25 | -3.5% | 31.9% | ||
| Q1 25 | -5.8% | 31.0% | ||
| Q4 24 | 5.6% | 28.7% | ||
| Q3 24 | 3.4% | 27.9% | ||
| Q2 24 | -2.4% | 28.8% |
净利率CSGPRRR
| Q1 26 | — | 16.3% | ||
| Q4 25 | 5.2% | 8.7% | ||
| Q3 25 | -3.7% | 8.9% | ||
| Q2 25 | 0.8% | 10.7% | ||
| Q1 25 | -2.0% | 9.0% | ||
| Q4 24 | 8.4% | 9.4% | ||
| Q3 24 | 7.7% | 6.2% | ||
| Q2 24 | 2.8% | 7.3% |
每股收益（稀释后）CSGPRRR
| Q1 26 | — | $0.73 | ||
| Q4 25 | $0.12 | $0.74 | ||
| Q3 25 | $-0.07 | $0.68 | ||
| Q2 25 | $0.01 | $0.95 | ||
| Q1 25 | $-0.04 | $0.75 | ||
| Q4 24 | $0.14 | $0.78 | ||
| Q3 24 | $0.13 | $0.48 | ||
| Q2 24 | $0.05 | $0.59 |
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 | — |
| 总债务越低越好 | $140.0M | — |
| 股东权益账面价值 | $8.3B | — |
| 总资产 | $10.5B | — |
| 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CSGPRRR
| Q1 26 | — | — | ||
| Q4 25 | $1.6B | $142.5M | ||
| Q3 25 | $1.9B | $129.8M | ||
| Q2 25 | $3.6B | $145.2M | ||
| Q1 25 | $3.7B | $150.6M | ||
| Q4 24 | $4.7B | $164.4M | ||
| Q3 24 | — | $117.5M | ||
| Q2 24 | — | $136.4M |
总债务CSGPRRR
| Q1 26 | — | — | ||
| Q4 25 | $140.0M | $3.4B | ||
| Q3 25 | $1.0B | — | ||
| Q2 25 | $1.0B | — | ||
| Q1 25 | $1.0B | — | ||
| Q4 24 | $1.0B | $3.4B | ||
| Q3 24 | $1.0B | — | ||
| Q2 24 | $1.0B | — |
股东权益CSGPRRR
| Q1 26 | — | — | ||
| Q4 25 | $8.3B | $208.3M | ||
| Q3 25 | $8.6B | $219.6M | ||
| Q2 25 | $8.6B | $203.4M | ||
| Q1 25 | $8.6B | $247.1M | ||
| Q4 24 | $7.6B | $215.1M | ||
| Q3 24 | $7.5B | $175.5M | ||
| Q2 24 | $7.4B | $159.0M |
总资产CSGPRRR
| Q1 26 | — | — | ||
| Q4 25 | $10.5B | $4.2B | ||
| Q3 25 | $10.8B | $4.1B | ||
| Q2 25 | $10.5B | $4.0B | ||
| Q1 25 | $10.4B | $4.1B | ||
| Q4 24 | $9.3B | $4.0B | ||
| Q3 24 | $9.1B | $4.0B | ||
| Q2 24 | $9.1B | $4.0B |
负债/权益比CSGPRRR
| Q1 26 | — | — | ||
| Q4 25 | 0.02× | 16.30× | ||
| Q3 25 | 0.12× | — | ||
| Q2 25 | 0.12× | — | ||
| Q1 25 | 0.12× | — | ||
| Q4 24 | 0.13× | 15.84× | ||
| Q3 24 | 0.13× | — | ||
| Q2 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 | — |
| 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× | — |
| 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CSGPRRR
| Q1 26 | — | — | ||
| Q4 25 | $162.1M | $156.6M | ||
| Q3 25 | $68.2M | $168.3M | ||
| Q2 25 | $146.5M | $158.4M | ||
| Q1 25 | $53.2M | $126.2M | ||
| Q4 24 | $94.6M | $148.2M | ||
| Q3 24 | $100.3M | $131.0M | ||
| Q2 24 | $58.1M | $142.5M |
自由现金流CSGPRRR
| Q1 26 | — | — | ||
| Q4 25 | $101.3M | $77.7M | ||
| Q3 25 | $-5.5M | $74.6M | ||
| Q2 25 | $27.7M | $80.3M | ||
| Q1 25 | $-500.0K | $58.0M | ||
| Q4 24 | $25.2M | $121.4M | ||
| Q3 24 | $40.2M | $50.7M | ||
| Q2 24 | $-14.7M | $64.0M |
自由现金流率CSGPRRR
| Q1 26 | — | — | ||
| Q4 25 | 11.3% | 15.2% | ||
| Q3 25 | -0.7% | 15.7% | ||
| Q2 25 | 3.5% | 15.3% | ||
| Q1 25 | -0.1% | 11.6% | ||
| Q4 24 | 3.6% | 24.5% | ||
| Q3 24 | 5.8% | 10.8% | ||
| Q2 24 | -2.2% | 13.1% |
资本支出强度CSGPRRR
| Q1 26 | — | — | ||
| Q4 25 | 6.8% | 15.4% | ||
| Q3 25 | 8.8% | 19.7% | ||
| Q2 25 | 15.2% | 14.9% | ||
| Q1 25 | 7.3% | 13.7% | ||
| Q4 24 | 9.8% | 5.4% | ||
| Q3 24 | 8.7% | 17.2% | ||
| Q2 24 | 10.7% | 16.2% |
现金转化率CSGPRRR
| Q1 26 | — | — | ||
| Q4 25 | 3.49× | 3.51× | ||
| Q3 25 | — | 3.98× | ||
| Q2 25 | 23.63× | 2.81× | ||
| Q1 25 | — | 2.82× | ||
| Q4 24 | 1.58× | 3.18× | ||
| Q3 24 | 1.89× | 4.53× | ||
| Q2 24 | 3.03× | 4.00× |
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% |
RRR
| Casino | $340.5M | 67% |
| Food and beverage | $90.3M | 18% |
| Room | $45.5M | 9% |
| Other | $26.2M | 5% |
| Native American management and development fees | $4.7M | 1% |
