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CoStar Group（CSGP）与STEPAN CO（SCL）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STEPAN CO的1.5倍（$899.9M vs $604.5M），CoStar Group净利率更高（5.2% vs 3.3%，领先1.9%），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 4.2%）
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。
斯特潘公司是一家美国特种化学品制造商，总部位于伊利诺伊州诺斯布鲁克，1932年由小阿尔弗雷德·C·斯特潘创立，现有约2000名员工，目前由创始人的孙子小F·奎因·斯特潘执掌。该公司是全球最大的阴离子表面活性剂商品生产商，产品用于提升洗涤剂、洗发水、牙膏及化妆品的起泡与清洁能力。
CSGP vs SCL — 直观对比
营收规模更大
CSGP
是对方的1.5倍
$604.5M
营收增速更快
CSGP
高出25.0%
1.9%
净利率更高
CSGP
高出1.9%
3.3%
两年增速更快
CSGP
近两年复合增速
4.2%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $899.9M | $604.5M |
| 净利润 | $46.5M | $19.7M |
| 毛利率 | 78.6% | 10.7% |
| 营业利润率 | 5.5% | 4.7% |
| 净利率 | 5.2% | 3.3% |
| 营收同比 | 26.9% | 1.9% |
| 净利润同比 | -22.2% | — |
| 每股收益（稀释后） | $0.12 | $0.86 |
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CSGPSCL
| Q1 26 | — | $604.5M | ||
| Q4 25 | $899.9M | $553.9M | ||
| Q3 25 | $833.6M | $590.3M | ||
| Q2 25 | $781.3M | $594.7M | ||
| Q1 25 | $732.2M | $593.3M | ||
| Q4 24 | $709.4M | $525.6M | ||
| Q3 24 | $692.6M | $546.8M | ||
| Q2 24 | $677.8M | $556.4M |
净利润CSGPSCL
| Q1 26 | — | $19.7M | ||
| Q4 25 | $46.5M | $5.0M | ||
| Q3 25 | $-30.9M | $10.8M | ||
| Q2 25 | $6.2M | $11.3M | ||
| Q1 25 | $-14.8M | $19.7M | ||
| Q4 24 | $59.8M | $3.4M | ||
| Q3 24 | $53.0M | $23.6M | ||
| Q2 24 | $19.2M | $9.5M |
毛利率CSGPSCL
| Q1 26 | — | 10.7% | ||
| Q4 25 | 78.6% | 9.3% | ||
| Q3 25 | 79.3% | 12.0% | ||
| Q2 25 | 78.5% | 12.1% | ||
| Q1 25 | 79.1% | 12.7% | ||
| Q4 24 | 80.1% | 10.8% | ||
| Q3 24 | 79.7% | 13.8% | ||
| Q2 24 | 80.0% | 12.5% |
营业利润率CSGPSCL
| Q1 26 | — | 4.7% | ||
| Q4 25 | 5.5% | 1.9% | ||
| Q3 25 | -6.1% | 3.7% | ||
| Q2 25 | -3.5% | 3.0% | ||
| Q1 25 | -5.8% | 4.8% | ||
| Q4 24 | 5.6% | 1.5% | ||
| Q3 24 | 3.4% | 4.4% | ||
| Q2 24 | -2.4% | 3.4% |
净利率CSGPSCL
| Q1 26 | — | 3.3% | ||
| Q4 25 | 5.2% | 0.9% | ||
| Q3 25 | -3.7% | 1.8% | ||
| Q2 25 | 0.8% | 1.9% | ||
| Q1 25 | -2.0% | 3.3% | ||
| Q4 24 | 8.4% | 0.6% | ||
| Q3 24 | 7.7% | 4.3% | ||
| Q2 24 | 2.8% | 1.7% |
每股收益（稀释后）CSGPSCL
| Q1 26 | — | $0.86 | ||
| Q4 25 | $0.12 | $0.22 | ||
| Q3 25 | $-0.07 | $0.47 | ||
| Q2 25 | $0.01 | $0.50 | ||
| Q1 25 | $-0.04 | $0.86 | ||
| Q4 24 | $0.14 | $0.14 | ||
| Q3 24 | $0.13 | $1.03 | ||
| Q2 24 | $0.05 | $0.42 |
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 | $328.4M |
| 股东权益账面价值 | $8.3B | $1.2B |
| 总资产 | $10.5B | $2.3B |
| 负债/权益比越低杠杆越低 | 0.02× | 0.28× |
8季度趋势，按日历期对齐
现金及短期投资CSGPSCL
| Q1 26 | — | — | ||
| Q4 25 | $1.6B | $132.7M | ||
| Q3 25 | $1.9B | $118.5M | ||
| Q2 25 | $3.6B | $88.9M | ||
| Q1 25 | $3.7B | $107.5M | ||
| Q4 24 | $4.7B | $99.7M | ||
| Q3 24 | — | $147.3M | ||
| Q2 24 | — | $124.7M |
总债务CSGPSCL
| Q1 26 | — | $328.4M | ||
| Q4 25 | $140.0M | $626.7M | ||
| Q3 25 | $1.0B | $655.5M | ||
| Q2 25 | $1.0B | $658.0M | ||
| Q1 25 | $1.0B | $659.3M | ||
| Q4 24 | $1.0B | $625.4M | ||
| Q3 24 | $1.0B | $688.5M | ||
| Q2 24 | $1.0B | $657.1M |
股东权益CSGPSCL
| Q1 26 | — | $1.2B | ||
| Q4 25 | $8.3B | $1.2B | ||
| Q3 25 | $8.6B | $1.2B | ||
| Q2 25 | $8.6B | $1.2B | ||
| Q1 25 | $8.6B | $1.2B | ||
| Q4 24 | $7.6B | $1.2B | ||
| Q3 24 | $7.5B | $1.2B | ||
| Q2 24 | $7.4B | $1.2B |
总资产CSGPSCL
| Q1 26 | — | $2.3B | ||
| Q4 25 | $10.5B | $2.4B | ||
| Q3 25 | $10.8B | $2.4B | ||
| Q2 25 | $10.5B | $2.4B | ||
| Q1 25 | $10.4B | $2.4B | ||
| Q4 24 | $9.3B | $2.3B | ||
| Q3 24 | $9.1B | $2.4B | ||
| Q2 24 | $9.1B | $2.3B |
负债/权益比CSGPSCL
| Q1 26 | — | 0.28× | ||
| Q4 25 | 0.02× | 0.50× | ||
| Q3 25 | 0.12× | 0.53× | ||
| Q2 25 | 0.12× | 0.53× | ||
| Q1 25 | 0.12× | 0.55× | ||
| Q4 24 | 0.13× | 0.53× | ||
| Q3 24 | 0.13× | 0.56× | ||
| Q2 24 | 0.14× | 0.55× |
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CSGPSCL
| Q1 26 | — | — | ||
| Q4 25 | $162.1M | $60.0M | ||
| Q3 25 | $68.2M | $69.8M | ||
| Q2 25 | $146.5M | $11.2M | ||
| Q1 25 | $53.2M | $6.9M | ||
| Q4 24 | $94.6M | $68.3M | ||
| Q3 24 | $100.3M | $22.7M | ||
| Q2 24 | $58.1M | $29.5M |
自由现金流CSGPSCL
| Q1 26 | — | — | ||
| Q4 25 | $101.3M | $25.4M | ||
| Q3 25 | $-5.5M | $40.2M | ||
| Q2 25 | $27.7M | $-14.4M | ||
| Q1 25 | $-500.0K | $-25.8M | ||
| Q4 24 | $25.2M | $32.1M | ||
| Q3 24 | $40.2M | $-4.0M | ||
| Q2 24 | $-14.7M | $-208.0K |
自由现金流率CSGPSCL
| Q1 26 | — | — | ||
| Q4 25 | 11.3% | 4.6% | ||
| Q3 25 | -0.7% | 6.8% | ||
| Q2 25 | 3.5% | -2.4% | ||
| Q1 25 | -0.1% | -4.3% | ||
| Q4 24 | 3.6% | 6.1% | ||
| Q3 24 | 5.8% | -0.7% | ||
| Q2 24 | -2.2% | -0.0% |
资本支出强度CSGPSCL
| Q1 26 | — | — | ||
| Q4 25 | 6.8% | 6.3% | ||
| Q3 25 | 8.8% | 5.0% | ||
| Q2 25 | 15.2% | 4.3% | ||
| Q1 25 | 7.3% | 5.5% | ||
| Q4 24 | 9.8% | 6.9% | ||
| Q3 24 | 8.7% | 4.9% | ||
| Q2 24 | 10.7% | 5.3% |
现金转化率CSGPSCL
| Q1 26 | — | — | ||
| Q4 25 | 3.49× | 11.99× | ||
| Q3 25 | — | 6.44× | ||
| Q2 25 | 23.63× | 0.99× | ||
| Q1 25 | — | 0.35× | ||
| Q4 24 | 1.58× | 20.38× | ||
| Q3 24 | 1.89× | 0.96× | ||
| Q2 24 | 3.03× | 3.10× |
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% |
SCL
| Surfactants | $453.7M | 75% |
| Polymers | $130.0M | 22% |
| Specialty Products | $20.8M | 3% |
