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CoStar Group（CSGP）与SSR MINING INC.（SSRM）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SSR MINING INC.的1.7倍（$899.9M vs $521.7M），SSR MINING INC.净利率更高（34.8% vs 5.2%，领先29.6%），SSR MINING INC.同比增速更快（61.4% vs 26.9%），SSR MINING INC.自由现金流更多（$106.4M vs $101.3M），过去两年SSR MINING INC.的营收复合增速更高（50.5% 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。
SSR Mining Inc.（前身为白银标准资源公司）总部位于美国科罗拉多州丹佛，主营金、银、铜、铅、锌矿产开采，拥有阿根廷最大的银矿，同时在美洲全境及土耳其开展矿产勘探业务。2020年与阿拉瑟黄金合并后迁至丹佛，现任总裁兼首席执行官为罗德尼·P·安塔尔。
CSGP vs SSRM — 直观对比
营收规模更大
CSGP
是对方的1.7倍
$521.7M
营收增速更快
SSRM
高出34.6%
26.9%
净利率更高
SSRM
高出29.6%
5.2%
自由现金流更多
SSRM
多$5.1M
$101.3M
两年增速更快
SSRM
近两年复合增速
17.1%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $899.9M | $521.7M |
| 净利润 | $46.5M | $181.5M |
| 毛利率 | 78.6% | — |
| 营业利润率 | 5.5% | 38.8% |
| 净利率 | 5.2% | 34.8% |
| 营收同比 | 26.9% | 61.4% |
| 净利润同比 | -22.2% | 3166.6% |
| 每股收益（稀释后） | $0.12 | $0.84 |
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CSGPSSRM
| Q4 25 | $899.9M | $521.7M | ||
| Q3 25 | $833.6M | $385.8M | ||
| Q2 25 | $781.3M | $405.5M | ||
| Q1 25 | $732.2M | $316.6M | ||
| Q4 24 | $709.4M | $323.2M | ||
| Q3 24 | $692.6M | $257.4M | ||
| Q2 24 | $677.8M | $184.8M | ||
| Q1 24 | $656.4M | $230.2M |
净利润CSGPSSRM
| Q4 25 | $46.5M | $181.5M | ||
| Q3 25 | $-30.9M | $65.4M | ||
| Q2 25 | $6.2M | $90.1M | ||
| Q1 25 | $-14.8M | $58.8M | ||
| Q4 24 | $59.8M | $5.6M | ||
| Q3 24 | $53.0M | $10.6M | ||
| Q2 24 | $19.2M | $9.7M | ||
| Q1 24 | $6.7M | $-287.1M |
毛利率CSGPSSRM
| 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% | — | ||
| Q1 24 | 78.5% | — |
营业利润率CSGPSSRM
| Q4 25 | 5.5% | 38.8% | ||
| Q3 25 | -6.1% | 21.6% | ||
| Q2 25 | -3.5% | 26.9% | ||
| Q1 25 | -5.8% | 21.1% | ||
| Q4 24 | 5.6% | 10.6% | ||
| Q3 24 | 3.4% | 3.5% | ||
| Q2 24 | -2.4% | 5.8% | ||
| Q1 24 | -6.5% | -163.5% |
净利率CSGPSSRM
| Q4 25 | 5.2% | 34.8% | ||
| Q3 25 | -3.7% | 17.0% | ||
| Q2 25 | 0.8% | 22.2% | ||
| Q1 25 | -2.0% | 18.6% | ||
| Q4 24 | 8.4% | 1.7% | ||
| Q3 24 | 7.7% | 4.1% | ||
| Q2 24 | 2.8% | 5.2% | ||
| Q1 24 | 1.0% | -124.7% |
每股收益（稀释后）CSGPSSRM
| Q4 25 | $0.12 | $0.84 | ||
| Q3 25 | $-0.07 | $0.31 | ||
| Q2 25 | $0.01 | $0.42 | ||
| Q1 25 | $-0.04 | $0.28 | ||
| Q4 24 | $0.14 | $0.03 | ||
| Q3 24 | $0.13 | $0.05 | ||
| Q2 24 | $0.05 | $0.05 | ||
| Q1 24 | $0.02 | $-1.42 |
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 | $575.6M |
| 总债务越低越好 | $140.0M | — |
| 股东权益账面价值 | $8.3B | $3.5B |
| 总资产 | $10.5B | $6.1B |
| 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CSGPSSRM
| Q4 25 | $1.6B | $575.6M | ||
| Q3 25 | $1.9B | $445.4M | ||
| Q2 25 | $3.6B | $438.5M | ||
| Q1 25 | $3.7B | $341.3M | ||
| Q4 24 | $4.7B | $417.3M | ||
| Q3 24 | — | $365.8M | ||
| Q2 24 | — | $384.4M | ||
| Q1 24 | — | $492.0M |
总债务CSGPSSRM
| Q4 25 | $140.0M | — | ||
| Q3 25 | $1.0B | — | ||
| Q2 25 | $1.0B | — | ||
| Q1 25 | $1.0B | — | ||
| Q4 24 | $1.0B | $228.6M | ||
| Q3 24 | $1.0B | $228.3M | ||
| Q2 24 | $1.0B | $228.0M | ||
| Q1 24 | $1.0B | $228.7M |
股东权益CSGPSSRM
| Q4 25 | $8.3B | $3.5B | ||
| Q3 25 | $8.6B | $3.3B | ||
| Q2 25 | $8.6B | $3.3B | ||
| Q1 25 | $8.6B | $3.2B | ||
| Q4 24 | $7.6B | $3.1B | ||
| Q3 24 | $7.5B | $3.1B | ||
| Q2 24 | $7.4B | $3.1B | ||
| Q1 24 | $7.3B | $3.1B |
总资产CSGPSSRM
| Q4 25 | $10.5B | $6.1B | ||
| Q3 25 | $10.8B | $5.9B | ||
| Q2 25 | $10.5B | $5.8B | ||
| Q1 25 | $10.4B | $5.6B | ||
| Q4 24 | $9.3B | $5.2B | ||
| Q3 24 | $9.1B | $5.1B | ||
| Q2 24 | $9.1B | $5.2B | ||
| Q1 24 | $9.0B | $5.3B |
负债/权益比CSGPSSRM
| Q4 25 | 0.02× | — | ||
| Q3 25 | 0.12× | — | ||
| Q2 25 | 0.12× | — | ||
| Q1 25 | 0.12× | — | ||
| Q4 24 | 0.13× | 0.07× | ||
| Q3 24 | 0.13× | 0.07× | ||
| Q2 24 | 0.14× | 0.07× | ||
| Q1 24 | 0.14× | 0.07× |
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 | $172.1M |
| 自由现金流经营现金流 - 资本支出 | $101.3M | $106.4M |
| 自由现金流率自由现金流/营收 | 11.3% | 20.4% |
| 资本支出强度资本支出/营收 | 6.8% | 12.6% |
| 现金转化率经营现金流/净利润 | 3.49× | 0.95× |
| 过去12个月自由现金流最近4个季度 | $123.0M | $241.6M |
8季度趋势，按日历期对齐
经营现金流CSGPSSRM
| Q4 25 | $162.1M | $172.1M | ||
| Q3 25 | $68.2M | $57.2M | ||
| Q2 25 | $146.5M | $157.8M | ||
| Q1 25 | $53.2M | $84.8M | ||
| Q4 24 | $94.6M | $95.0M | ||
| Q3 24 | $100.3M | $-1.3M | ||
| Q2 24 | $58.1M | $-78.1M | ||
| Q1 24 | $139.6M | $24.6M |
自由现金流CSGPSSRM
| Q4 25 | $101.3M | $106.4M | ||
| Q3 25 | $-5.5M | $-2.4M | ||
| Q2 25 | $27.7M | $98.4M | ||
| Q1 25 | $-500.0K | $39.3M | ||
| Q4 24 | $25.2M | $56.4M | ||
| Q3 24 | $40.2M | $-34.1M | ||
| Q2 24 | $-14.7M | $-116.3M | ||
| Q1 24 | $-237.1M | $-9.4M |
自由现金流率CSGPSSRM
| Q4 25 | 11.3% | 20.4% | ||
| Q3 25 | -0.7% | -0.6% | ||
| Q2 25 | 3.5% | 24.3% | ||
| Q1 25 | -0.1% | 12.4% | ||
| Q4 24 | 3.6% | 17.5% | ||
| Q3 24 | 5.8% | -13.2% | ||
| Q2 24 | -2.2% | -62.9% | ||
| Q1 24 | -36.1% | -4.1% |
资本支出强度CSGPSSRM
| Q4 25 | 6.8% | 12.6% | ||
| Q3 25 | 8.8% | 15.4% | ||
| Q2 25 | 15.2% | 14.7% | ||
| Q1 25 | 7.3% | 14.4% | ||
| Q4 24 | 9.8% | 11.9% | ||
| Q3 24 | 8.7% | 12.7% | ||
| Q2 24 | 10.7% | 20.7% | ||
| Q1 24 | 57.4% | 14.8% |
现金转化率CSGPSSRM
| Q4 25 | 3.49× | 0.95× | ||
| Q3 25 | — | 0.87× | ||
| Q2 25 | 23.63× | 1.75× | ||
| Q1 25 | — | 1.44× | ||
| Q4 24 | 1.58× | 17.10× | ||
| Q3 24 | 1.89× | -0.13× | ||
| Q2 24 | 3.03× | -8.06× | ||
| Q1 24 | 20.84× | — |
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% |
SSRM
| Gold | $369.3M | 71% |
| Concentrate Sales | $124.4M | 24% |
| Other | $19.1M | 4% |
| Lead | $9.0M | 2% |
