vs
CoStar Group（CSGP）与Star Holdings（STHO）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Star Holdings的35.5倍（$899.9M vs $25.4M）。CoStar Group净利率更高（5.2% vs -75.5%，领先80.6%）。CoStar Group同比增速更快（26.9% vs -22.6%）。过去两年CoStar Group的营收复合增速更高（17.1% vs -0.2%）
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。
蓝星有限公司是一家印度跨国家电企业，总部位于孟买，主营空调、商用制冷以及机电工程业务，是印度本土市场规模第二大的空调领域本土企业。
CSGP vs STHO — 直观对比
营收规模更大
CSGP
是对方的35.5倍
$25.4M
营收增速更快
CSGP
高出49.5%
-22.6%
净利率更高
CSGP
高出80.6%
-75.5%
两年增速更快
CSGP
近两年复合增速
-0.2%
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $899.9M | $25.4M |
| 净利润 | $46.5M | $-19.1M |
| 毛利率 | 78.6% | — |
| 营业利润率 | 5.5% | -91.7% |
| 净利率 | 5.2% | -75.5% |
| 营收同比 | 26.9% | -22.6% |
| 净利润同比 | -22.2% | 81.3% |
| 每股收益（稀释后） | $0.12 | $-1.52 |
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CSGPSTHO
| Q4 25 | $899.9M | $25.4M | ||
| Q3 25 | $833.6M | $28.1M | ||
| Q2 25 | $781.3M | $42.1M | ||
| Q1 25 | $732.2M | $14.6M | ||
| Q4 24 | $709.4M | $32.8M | ||
| Q3 24 | $692.6M | $24.6M | ||
| Q2 24 | $677.8M | $30.6M | ||
| Q1 24 | $656.4M | $25.4M |
净利润CSGPSTHO
| Q4 25 | $46.5M | $-19.1M | ||
| Q3 25 | $-30.9M | $1.8M | ||
| Q2 25 | $6.2M | $-39.3M | ||
| Q1 25 | $-14.8M | $-7.6M | ||
| Q4 24 | $59.8M | $-102.6M | ||
| Q3 24 | $53.0M | $91.9M | ||
| Q2 24 | $19.2M | $-27.1M | ||
| Q1 24 | $6.7M | $-49.0M |
毛利率CSGPSTHO
| 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CSGPSTHO
| Q4 25 | 5.5% | -91.7% | ||
| Q3 25 | -6.1% | 1.0% | ||
| Q2 25 | -3.5% | -94.5% | ||
| Q1 25 | -5.8% | -55.0% | ||
| Q4 24 | 5.6% | -314.1% | ||
| Q3 24 | 3.4% | — | ||
| Q2 24 | -2.4% | -91.5% | ||
| Q1 24 | -6.5% | -192.6% |
净利率CSGPSTHO
| Q4 25 | 5.2% | -75.5% | ||
| Q3 25 | -3.7% | 6.4% | ||
| Q2 25 | 0.8% | -93.5% | ||
| Q1 25 | -2.0% | -52.0% | ||
| Q4 24 | 8.4% | -313.1% | ||
| Q3 24 | 7.7% | 374.3% | ||
| Q2 24 | 2.8% | -88.8% | ||
| Q1 24 | 1.0% | -192.6% |
每股收益（稀释后）CSGPSTHO
| Q4 25 | $0.12 | $-1.52 | ||
| Q3 25 | $-0.07 | $0.14 | ||
| Q2 25 | $0.01 | $-2.95 | ||
| Q1 25 | $-0.04 | $-0.57 | ||
| Q4 24 | $0.14 | $-7.69 | ||
| Q3 24 | $0.13 | $6.90 | ||
| Q2 24 | $0.05 | $-2.04 | ||
| Q1 24 | $0.02 | $-3.68 |
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 | $50.1M |
| 总债务越低越好 | $140.0M | $268.7M |
| 股东权益账面价值 | $8.3B | $251.8M |
| 总资产 | $10.5B | $570.2M |
| 负债/权益比越低杠杆越低 | 0.02× | 1.07× |
8季度趋势，按日历期对齐
现金及短期投资CSGPSTHO
| Q4 25 | $1.6B | $50.1M | ||
| Q3 25 | $1.9B | $40.6M | ||
| Q2 25 | $3.6B | $44.2M | ||
| Q1 25 | $3.7B | $30.3M | ||
| Q4 24 | $4.7B | $35.0M | ||
| Q3 24 | — | $45.0M | ||
| Q2 24 | — | $48.3M | ||
| Q1 24 | — | $45.7M |
总债务CSGPSTHO
| Q4 25 | $140.0M | $268.7M | ||
| Q3 25 | $1.0B | $259.3M | ||
| Q2 25 | $1.0B | $245.4M | ||
| Q1 25 | $1.0B | $231.5M | ||
| Q4 24 | $1.0B | $217.3M | ||
| Q3 24 | $1.0B | $201.2M | ||
| Q2 24 | $1.0B | $197.2M | ||
| Q1 24 | $1.0B | $195.0M |
股东权益CSGPSTHO
| Q4 25 | $8.3B | $251.8M | ||
| Q3 25 | $8.6B | $275.4M | ||
| Q2 25 | $8.6B | $276.1M | ||
| Q1 25 | $8.6B | $316.1M | ||
| Q4 24 | $7.6B | $324.3M | ||
| Q3 24 | $7.5B | $427.5M | ||
| Q2 24 | $7.4B | $335.3M | ||
| Q1 24 | $7.3B | $362.4M |
总资产CSGPSTHO
| Q4 25 | $10.5B | $570.2M | ||
| Q3 25 | $10.8B | $595.9M | ||
| Q2 25 | $10.5B | $589.9M | ||
| Q1 25 | $10.4B | $618.2M | ||
| Q4 24 | $9.3B | $608.7M | ||
| Q3 24 | $9.1B | $696.5M | ||
| Q2 24 | $9.1B | $601.0M | ||
| Q1 24 | $9.0B | $622.9M |
负债/权益比CSGPSTHO
| Q4 25 | 0.02× | 1.07× | ||
| Q3 25 | 0.12× | 0.94× | ||
| Q2 25 | 0.12× | 0.89× | ||
| Q1 25 | 0.12× | 0.73× | ||
| Q4 24 | 0.13× | 0.67× | ||
| Q3 24 | 0.13× | 0.47× | ||
| Q2 24 | 0.14× | 0.59× | ||
| Q1 24 | 0.14× | 0.54× |
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 | $-8.0M |
| 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CSGPSTHO
| Q4 25 | $162.1M | $-8.0M | ||
| Q3 25 | $68.2M | $5.3M | ||
| Q2 25 | $146.5M | $-2.6M | ||
| Q1 25 | $53.2M | $-6.3M | ||
| Q4 24 | $94.6M | $-6.9M | ||
| Q3 24 | $100.3M | $-3.8M | ||
| Q2 24 | $58.1M | $-6.4M | ||
| Q1 24 | $139.6M | $-14.2M |
自由现金流CSGPSTHO
| 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 | — | ||
| Q1 24 | $-237.1M | — |
自由现金流率CSGPSTHO
| 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% | — | ||
| Q1 24 | -36.1% | — |
资本支出强度CSGPSTHO
| 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% | — | ||
| Q1 24 | 57.4% | — |
现金转化率CSGPSTHO
| Q4 25 | 3.49× | — | ||
| Q3 25 | — | 2.95× | ||
| Q2 25 | 23.63× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 1.58× | — | ||
| Q3 24 | 1.89× | -0.04× | ||
| Q2 24 | 3.03× | — | ||
| 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% |
STHO
| Land Development | $13.0M | 51% |
| Other Income Revenue | $9.3M | 37% |
| Operating Lease Income | $2.0M | 8% |
| Interest Income Revenue | $1.2M | 5% |
