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CoStar Group（CSGP）与SLM Corp（SLM）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SLM Corp的1.6倍（$899.9M vs $560.0M），SLM Corp净利率更高（55.0% vs 5.2%，领先49.8%），过去两年SLM Corp的营收复合增速更高（22.7% vs 17.1%）
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。
尼康旗下SLM Solutions AG总部位于德国吕贝克，是金属3D打印机领域的上市生产商，共同拥有SLM文字商标，集团股份自2014年5月9日起在法兰克福证券交易所高级市场板块挂牌交易。
CSGP vs SLM — 直观对比
营收规模更大
CSGP
是对方的1.6倍
$560.0M
净利率更高
SLM
高出49.8%
5.2%
两年增速更快
SLM
近两年复合增速
17.1%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $899.9M | $560.0M |
| 净利润 | $46.5M | $308.0M |
| 毛利率 | 78.6% | — |
| 营业利润率 | 5.5% | 69.6% |
| 净利率 | 5.2% | 55.0% |
| 营收同比 | 26.9% | — |
| 净利润同比 | -22.2% | 1.0% |
| 每股收益（稀释后） | $0.12 | $1.54 |
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CSGPSLM
| Q1 26 | — | $560.0M | ||
| Q4 25 | $899.9M | $377.1M | ||
| Q3 25 | $833.6M | $373.0M | ||
| Q2 25 | $781.3M | $376.8M | ||
| Q1 25 | $732.2M | $375.0M | ||
| Q4 24 | $709.4M | $362.2M | ||
| Q3 24 | $692.6M | $359.4M | ||
| Q2 24 | $677.8M | $372.2M |
净利润CSGPSLM
| Q1 26 | — | $308.0M | ||
| Q4 25 | $46.5M | $233.2M | ||
| Q3 25 | $-30.9M | $135.8M | ||
| Q2 25 | $6.2M | $71.3M | ||
| Q1 25 | $-14.8M | $304.5M | ||
| Q4 24 | $59.8M | $111.6M | ||
| Q3 24 | $53.0M | $-45.2M | ||
| Q2 24 | $19.2M | $252.0M |
毛利率CSGPSLM
| 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CSGPSLM
| Q1 26 | — | 69.6% | ||
| Q4 25 | 5.5% | 83.8% | ||
| Q3 25 | -6.1% | 49.8% | ||
| Q2 25 | -3.5% | 23.3% | ||
| Q1 25 | -5.8% | — | ||
| Q4 24 | 5.6% | 36.5% | ||
| Q3 24 | 3.4% | -16.6% | ||
| Q2 24 | -2.4% | 91.0% |
净利率CSGPSLM
| Q1 26 | — | 55.0% | ||
| Q4 25 | 5.2% | 61.8% | ||
| Q3 25 | -3.7% | 36.4% | ||
| Q2 25 | 0.8% | 18.9% | ||
| Q1 25 | -2.0% | 81.2% | ||
| Q4 24 | 8.4% | 30.8% | ||
| Q3 24 | 7.7% | -12.6% | ||
| Q2 24 | 2.8% | 67.7% |
每股收益（稀释后）CSGPSLM
| Q1 26 | — | $1.54 | ||
| Q4 25 | $0.12 | $1.11 | ||
| Q3 25 | $-0.07 | $0.63 | ||
| Q2 25 | $0.01 | $0.32 | ||
| Q1 25 | $-0.04 | $1.40 | ||
| Q4 24 | $0.14 | $0.53 | ||
| Q3 24 | $0.13 | $-0.23 | ||
| Q2 24 | $0.05 | $1.11 |
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 | $5.2B |
| 总债务越低越好 | $140.0M | $6.2B |
| 股东权益账面价值 | $8.3B | $2.4B |
| 总资产 | $10.5B | $29.4B |
| 负债/权益比越低杠杆越低 | 0.02× | 2.53× |
8季度趋势，按日历期对齐
现金及短期投资CSGPSLM
| Q1 26 | — | $5.2B | ||
| Q4 25 | $1.6B | $4.2B | ||
| Q3 25 | $1.9B | $3.5B | ||
| Q2 25 | $3.6B | $4.1B | ||
| Q1 25 | $3.7B | $3.7B | ||
| Q4 24 | $4.7B | $4.7B | ||
| Q3 24 | — | $4.5B | ||
| Q2 24 | — | $5.3B |
总债务CSGPSLM
| Q1 26 | — | $6.2B | ||
| Q4 25 | $140.0M | $5.4B | ||
| Q3 25 | $1.0B | $6.8B | ||
| Q2 25 | $1.0B | $6.4B | ||
| Q1 25 | $1.0B | $6.1B | ||
| Q4 24 | $1.0B | $6.4B | ||
| Q3 24 | $1.0B | $6.0B | ||
| Q2 24 | $1.0B | $5.4B |
股东权益CSGPSLM
| Q1 26 | — | $2.4B | ||
| Q4 25 | $8.3B | $2.5B | ||
| Q3 25 | $8.6B | $2.3B | ||
| Q2 25 | $8.6B | $2.4B | ||
| Q1 25 | $8.6B | $2.4B | ||
| Q4 24 | $7.6B | $2.2B | ||
| Q3 24 | $7.5B | $2.1B | ||
| Q2 24 | $7.4B | $2.3B |
总资产CSGPSLM
| Q1 26 | — | $29.4B | ||
| Q4 25 | $10.5B | $29.7B | ||
| Q3 25 | $10.8B | $29.6B | ||
| Q2 25 | $10.5B | $29.6B | ||
| Q1 25 | $10.4B | $28.9B | ||
| Q4 24 | $9.3B | $30.1B | ||
| Q3 24 | $9.1B | $30.0B | ||
| Q2 24 | $9.1B | $28.8B |
负债/权益比CSGPSLM
| Q1 26 | — | 2.53× | ||
| Q4 25 | 0.02× | 2.19× | ||
| Q3 25 | 0.12× | 2.92× | ||
| Q2 25 | 0.12× | 2.70× | ||
| Q1 25 | 0.12× | 2.56× | ||
| Q4 24 | 0.13× | 2.98× | ||
| Q3 24 | 0.13× | 2.83× | ||
| Q2 24 | 0.14× | 2.37× |
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CSGPSLM
| Q1 26 | — | — | ||
| Q4 25 | $162.1M | $-64.5M | ||
| Q3 25 | $68.2M | $-49.3M | ||
| Q2 25 | $146.5M | $-138.7M | ||
| Q1 25 | $53.2M | $-146.1M | ||
| Q4 24 | $94.6M | $4.5M | ||
| Q3 24 | $100.3M | $-113.4M | ||
| Q2 24 | $58.1M | $-143.8M |
自由现金流CSGPSLM
| Q1 26 | — | — | ||
| 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 | — |
自由现金流率CSGPSLM
| Q1 26 | — | — | ||
| 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% | — |
资本支出强度CSGPSLM
| Q1 26 | — | — | ||
| 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% | — |
现金转化率CSGPSLM
| Q1 26 | — | — | ||
| Q4 25 | 3.49× | -0.28× | ||
| Q3 25 | — | -0.36× | ||
| Q2 25 | 23.63× | -1.95× | ||
| Q1 25 | — | -0.48× | ||
| Q4 24 | 1.58× | 0.04× | ||
| Q3 24 | 1.89× | — | ||
| Q2 24 | 3.03× | -0.57× |
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% |
SLM
| Net Interest Income | $375.0M | 67% |
| Noninterest Income | $185.0M | 33% |
