vs
CoStar Group（CSGP）与Sinclair, Inc.（SBGI）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Sinclair, Inc.的1.1倍（$899.9M vs $807.0M），CoStar Group净利率更高（5.2% vs 2.5%，领先2.7%），CoStar Group同比增速更快（26.9% vs 4.0%），过去两年CoStar Group的营收复合增速更高（17.1% vs -1.3%）
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。
辛克莱公司（以辛克莱广播集团开展业务）是一家上市的美国电信综合企业，由创始人朱利安·辛克莱·史密斯的后代控股。公司总部位于马里兰州巴尔的摩郊县科基斯维尔，按电视台数量计算是美国第二大电视台运营商，仅次于奈克斯达媒体集团，在全国100多个市场拥有或运营193家电视台，覆盖美国40%的区域。
CSGP vs SBGI — 直观对比
营收规模更大
CSGP
是对方的1.1倍
$807.0M
营收增速更快
CSGP
高出22.9%
4.0%
净利率更高
CSGP
高出2.7%
2.5%
两年增速更快
CSGP
近两年复合增速
-1.3%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $899.9M | $807.0M |
| 净利润 | $46.5M | $20.0M |
| 毛利率 | 78.6% | — |
| 营业利润率 | 5.5% | 0.0% |
| 净利率 | 5.2% | 2.5% |
| 营收同比 | 26.9% | 4.0% |
| 净利润同比 | -22.2% | — |
| 每股收益（稀释后） | $0.12 | $0.28 |
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CSGPSBGI
| Q1 26 | — | $807.0M | ||
| Q4 25 | $899.9M | $836.0M | ||
| Q3 25 | $833.6M | $773.0M | ||
| Q2 25 | $781.3M | $784.0M | ||
| Q1 25 | $732.2M | $776.0M | ||
| Q4 24 | $709.4M | $1.0B | ||
| Q3 24 | $692.6M | $917.0M | ||
| Q2 24 | $677.8M | $829.0M |
净利润CSGPSBGI
| Q1 26 | — | $20.0M | ||
| Q4 25 | $46.5M | $109.0M | ||
| Q3 25 | $-30.9M | $-1.0M | ||
| Q2 25 | $6.2M | $-64.0M | ||
| Q1 25 | $-14.8M | $-156.0M | ||
| Q4 24 | $59.8M | $176.0M | ||
| Q3 24 | $53.0M | $94.0M | ||
| Q2 24 | $19.2M | $17.0M |
毛利率CSGPSBGI
| 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CSGPSBGI
| Q1 26 | — | 0.0% | ||
| Q4 25 | 5.5% | 9.6% | ||
| Q3 25 | -6.1% | 7.5% | ||
| Q2 25 | -3.5% | 2.7% | ||
| Q1 25 | -5.8% | 1.8% | ||
| Q4 24 | 5.6% | 26.5% | ||
| Q3 24 | 3.4% | 19.5% | ||
| Q2 24 | -2.4% | 7.7% |
净利率CSGPSBGI
| Q1 26 | — | 2.5% | ||
| Q4 25 | 5.2% | 13.0% | ||
| Q3 25 | -3.7% | -0.1% | ||
| Q2 25 | 0.8% | -8.2% | ||
| Q1 25 | -2.0% | -20.1% | ||
| Q4 24 | 8.4% | 17.5% | ||
| Q3 24 | 7.7% | 10.3% | ||
| Q2 24 | 2.8% | 2.1% |
每股收益（稀释后）CSGPSBGI
| Q1 26 | — | $0.28 | ||
| Q4 25 | $0.12 | $1.62 | ||
| Q3 25 | $-0.07 | $-0.02 | ||
| Q2 25 | $0.01 | $-0.91 | ||
| Q1 25 | $-0.04 | $-2.30 | ||
| Q4 24 | $0.14 | $2.64 | ||
| Q3 24 | $0.13 | $1.43 | ||
| Q2 24 | $0.05 | $0.27 |
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CSGPSBGI
| Q1 26 | — | — | ||
| Q4 25 | $1.6B | $866.0M | ||
| Q3 25 | $1.9B | $526.0M | ||
| Q2 25 | $3.6B | $616.0M | ||
| Q1 25 | $3.7B | $631.0M | ||
| Q4 24 | $4.7B | $697.0M | ||
| Q3 24 | — | $536.0M | ||
| Q2 24 | — | $378.0M |
总债务CSGPSBGI
| Q1 26 | — | — | ||
| Q4 25 | $140.0M | $4.4B | ||
| Q3 25 | $1.0B | $4.1B | ||
| Q2 25 | $1.0B | $4.1B | ||
| Q1 25 | $1.0B | $4.2B | ||
| Q4 24 | $1.0B | $4.1B | ||
| Q3 24 | $1.0B | $4.1B | ||
| Q2 24 | $1.0B | $4.1B |
股东权益CSGPSBGI
| Q1 26 | — | — | ||
| Q4 25 | $8.3B | $443.0M | ||
| Q3 25 | $8.6B | $347.0M | ||
| Q2 25 | $8.6B | $361.0M | ||
| Q1 25 | $8.6B | $436.0M | ||
| Q4 24 | $7.6B | $583.0M | ||
| Q3 24 | $7.5B | $415.0M | ||
| Q2 24 | $7.4B | $340.0M |
总资产CSGPSBGI
| Q1 26 | — | — | ||
| Q4 25 | $10.5B | $5.9B | ||
| Q3 25 | $10.8B | $5.6B | ||
| Q2 25 | $10.5B | $5.7B | ||
| Q1 25 | $10.4B | $5.8B | ||
| Q4 24 | $9.3B | $5.9B | ||
| Q3 24 | $9.1B | $5.8B | ||
| Q2 24 | $9.1B | $5.7B |
负债/权益比CSGPSBGI
| Q1 26 | — | — | ||
| Q4 25 | 0.02× | 9.84× | ||
| Q3 25 | 0.12× | 11.75× | ||
| Q2 25 | 0.12× | 11.30× | ||
| Q1 25 | 0.12× | 9.56× | ||
| Q4 24 | 0.13× | 7.02× | ||
| Q3 24 | 0.13× | 9.86× | ||
| Q2 24 | 0.14× | 12.08× |
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% | 1.7% |
| 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CSGPSBGI
| Q1 26 | — | — | ||
| Q4 25 | $162.1M | $98.0M | ||
| Q3 25 | $68.2M | $-36.0M | ||
| Q2 25 | $146.5M | $122.0M | ||
| Q1 25 | $53.2M | $5.0M | ||
| Q4 24 | $94.6M | $198.0M | ||
| Q3 24 | $100.3M | $210.0M | ||
| Q2 24 | $58.1M | $-306.0M |
自由现金流CSGPSBGI
| Q1 26 | — | — | ||
| Q4 25 | $101.3M | $79.0M | ||
| Q3 25 | $-5.5M | $-58.0M | ||
| Q2 25 | $27.7M | $105.0M | ||
| Q1 25 | $-500.0K | $-11.0M | ||
| Q4 24 | $25.2M | $175.0M | ||
| Q3 24 | $40.2M | $193.0M | ||
| Q2 24 | $-14.7M | $-329.0M |
自由现金流率CSGPSBGI
| Q1 26 | — | — | ||
| Q4 25 | 11.3% | 9.4% | ||
| Q3 25 | -0.7% | -7.5% | ||
| Q2 25 | 3.5% | 13.4% | ||
| Q1 25 | -0.1% | -1.4% | ||
| Q4 24 | 3.6% | 17.4% | ||
| Q3 24 | 5.8% | 21.0% | ||
| Q2 24 | -2.2% | -39.7% |
资本支出强度CSGPSBGI
| Q1 26 | — | 1.7% | ||
| Q4 25 | 6.8% | 2.3% | ||
| Q3 25 | 8.8% | 2.8% | ||
| Q2 25 | 15.2% | 2.2% | ||
| Q1 25 | 7.3% | 2.1% | ||
| Q4 24 | 9.8% | 2.3% | ||
| Q3 24 | 8.7% | 1.9% | ||
| Q2 24 | 10.7% | 2.8% |
现金转化率CSGPSBGI
| Q1 26 | — | — | ||
| Q4 25 | 3.49× | 0.90× | ||
| Q3 25 | — | — | ||
| Q2 25 | 23.63× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 1.58× | 1.13× | ||
| Q3 24 | 1.89× | 2.23× | ||
| Q2 24 | 3.03× | -18.00× |
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% |
SBGI
| Media revenue | $701.0M | 87% |
| Other | $82.0M | 10% |
| Political advertising revenue | $18.0M | 2% |
| Non-media revenue | $6.0M | 1% |
