vs
CoStar Group（CSGP）与Talen Energy Corp（TLN）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Talen Energy Corp的1.2倍（$899.9M vs $758.0M），CoStar Group净利率更高（5.2% vs -47.9%，领先53.1%），Talen Energy Corp同比增速更快（114.7% vs 26.9%），Talen Energy Corp自由现金流更多（$254.0M vs $101.3M），过去两年Talen Energy Corp的营收复合增速更高（35.0% 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。
PPL公司是总部位于美国宾夕法尼亚州东部利哈伊谷阿伦敦的能源企业，于纽约证券交易所上市（股票代码：PPL），属标普500指数成分股。截至2022年，公司营收79亿美元，总资产超370亿美元，拥有6500名员工，服务360万客户。
CSGP vs TLN — 直观对比
营收规模更大
CSGP
是对方的1.2倍
$758.0M
营收增速更快
TLN
高出87.9%
26.9%
净利率更高
CSGP
高出53.1%
-47.9%
自由现金流更多
TLN
多$152.7M
$101.3M
两年增速更快
TLN
近两年复合增速
17.1%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $899.9M | $758.0M |
| 净利润 | $46.5M | $-363.0M |
| 毛利率 | 78.6% | — |
| 营业利润率 | 5.5% | -41.3% |
| 净利率 | 5.2% | -47.9% |
| 营收同比 | 26.9% | 114.7% |
| 净利润同比 | -22.2% | -542.7% |
| 每股收益（稀释后） | $0.12 | $-7.60 |
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CSGPTLN
| Q4 25 | $899.9M | $758.0M | ||
| Q3 25 | $833.6M | $697.0M | ||
| Q2 25 | $781.3M | $409.0M | ||
| Q1 25 | $732.2M | $654.0M | ||
| Q4 24 | $709.4M | $353.0M | ||
| Q3 24 | $692.6M | $459.0M | ||
| Q2 24 | $677.8M | $346.0M | ||
| Q1 24 | $656.4M | $416.0M |
净利润CSGPTLN
| Q4 25 | $46.5M | $-363.0M | ||
| Q3 25 | $-30.9M | $207.0M | ||
| Q2 25 | $6.2M | $72.0M | ||
| Q1 25 | $-14.8M | $-135.0M | ||
| Q4 24 | $59.8M | $82.0M | ||
| Q3 24 | $53.0M | $168.0M | ||
| Q2 24 | $19.2M | $454.0M | ||
| Q1 24 | $6.7M | $294.0M |
毛利率CSGPTLN
| 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CSGPTLN
| Q4 25 | 5.5% | -41.3% | ||
| Q3 25 | -6.1% | 37.7% | ||
| Q2 25 | -3.5% | 16.1% | ||
| Q1 25 | -5.8% | -16.2% | ||
| Q4 24 | 5.6% | 4.5% | ||
| Q3 24 | 3.4% | 34.4% | ||
| Q2 24 | -2.4% | 7.8% | ||
| Q1 24 | -6.5% | 6.0% |
净利率CSGPTLN
| Q4 25 | 5.2% | -47.9% | ||
| Q3 25 | -3.7% | 29.7% | ||
| Q2 25 | 0.8% | 17.6% | ||
| Q1 25 | -2.0% | -20.6% | ||
| Q4 24 | 8.4% | 23.2% | ||
| Q3 24 | 7.7% | 36.6% | ||
| Q2 24 | 2.8% | 131.2% | ||
| Q1 24 | 1.0% | 70.7% |
每股收益（稀释后）CSGPTLN
| Q4 25 | $0.12 | $-7.60 | ||
| Q3 25 | $-0.07 | $4.25 | ||
| Q2 25 | $0.01 | $1.50 | ||
| Q1 25 | $-0.04 | $-2.94 | ||
| Q4 24 | $0.14 | $2.07 | ||
| Q3 24 | $0.13 | $3.16 | ||
| Q2 24 | $0.05 | $7.60 | ||
| Q1 24 | $0.02 | $4.84 |
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 | $689.0M |
| 总债务越低越好 | $140.0M | $6.8B |
| 股东权益账面价值 | $8.3B | $1.1B |
| 总资产 | $10.5B | $10.9B |
| 负债/权益比越低杠杆越低 | 0.02× | 6.23× |
8季度趋势，按日历期对齐
现金及短期投资CSGPTLN
| Q4 25 | $1.6B | $689.0M | ||
| Q3 25 | $1.9B | $497.0M | ||
| Q2 25 | $3.6B | $122.0M | ||
| Q1 25 | $3.7B | $295.0M | ||
| Q4 24 | $4.7B | $328.0M | ||
| Q3 24 | — | $648.0M | ||
| Q2 24 | — | $632.0M | ||
| Q1 24 | — | — |
总债务CSGPTLN
| Q4 25 | $140.0M | $6.8B | ||
| Q3 25 | $1.0B | $3.0B | ||
| Q2 25 | $1.0B | $3.0B | ||
| Q1 25 | $1.0B | $3.0B | ||
| Q4 24 | $1.0B | $3.0B | ||
| Q3 24 | $1.0B | $2.6B | ||
| Q2 24 | $1.0B | $2.6B | ||
| Q1 24 | $1.0B | — |
股东权益CSGPTLN
| Q4 25 | $8.3B | $1.1B | ||
| Q3 25 | $8.6B | $1.5B | ||
| Q2 25 | $8.6B | $1.2B | ||
| Q1 25 | $8.6B | $1.2B | ||
| Q4 24 | $7.6B | $1.4B | ||
| Q3 24 | $7.5B | $2.4B | ||
| Q2 24 | $7.4B | $2.5B | ||
| Q1 24 | $7.3B | $2.8B |
总资产CSGPTLN
| Q4 25 | $10.5B | $10.9B | ||
| Q3 25 | $10.8B | $6.1B | ||
| Q2 25 | $10.5B | $5.8B | ||
| Q1 25 | $10.4B | $5.9B | ||
| Q4 24 | $9.3B | $6.1B | ||
| Q3 24 | $9.1B | $6.8B | ||
| Q2 24 | $9.1B | $7.1B | ||
| Q1 24 | $9.0B | — |
负债/权益比CSGPTLN
| Q4 25 | 0.02× | 6.23× | ||
| Q3 25 | 0.12× | 2.03× | ||
| Q2 25 | 0.12× | 2.40× | ||
| Q1 25 | 0.12× | 2.54× | ||
| Q4 24 | 0.13× | 2.17× | ||
| Q3 24 | 0.13× | 1.10× | ||
| Q2 24 | 0.14× | 1.05× | ||
| Q1 24 | 0.14× | — |
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 | $280.0M |
| 自由现金流经营现金流 - 资本支出 | $101.3M | $254.0M |
| 自由现金流率自由现金流/营收 | 11.3% | 33.5% |
| 资本支出强度资本支出/营收 | 6.8% | 3.4% |
| 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 | $606.0M |
8季度趋势，按日历期对齐
经营现金流CSGPTLN
| Q4 25 | $162.1M | $280.0M | ||
| Q3 25 | $68.2M | $489.0M | ||
| Q2 25 | $146.5M | $-184.0M | ||
| Q1 25 | $53.2M | $119.0M | ||
| Q4 24 | $94.6M | — | ||
| Q3 24 | $100.3M | $96.0M | ||
| Q2 24 | $58.1M | $-23.0M | ||
| Q1 24 | $139.6M | $173.0M |
自由现金流CSGPTLN
| Q4 25 | $101.3M | $254.0M | ||
| Q3 25 | $-5.5M | $468.0M | ||
| Q2 25 | $27.7M | $-217.0M | ||
| Q1 25 | $-500.0K | $101.0M | ||
| Q4 24 | $25.2M | — | ||
| Q3 24 | $40.2M | $83.0M | ||
| Q2 24 | $-14.7M | $-43.0M | ||
| Q1 24 | $-237.1M | $148.0M |
自由现金流率CSGPTLN
| Q4 25 | 11.3% | 33.5% | ||
| Q3 25 | -0.7% | 67.1% | ||
| Q2 25 | 3.5% | -53.1% | ||
| Q1 25 | -0.1% | 15.4% | ||
| Q4 24 | 3.6% | — | ||
| Q3 24 | 5.8% | 18.1% | ||
| Q2 24 | -2.2% | -12.4% | ||
| Q1 24 | -36.1% | 35.6% |
资本支出强度CSGPTLN
| Q4 25 | 6.8% | 3.4% | ||
| Q3 25 | 8.8% | 3.0% | ||
| Q2 25 | 15.2% | 8.1% | ||
| Q1 25 | 7.3% | 2.8% | ||
| Q4 24 | 9.8% | — | ||
| Q3 24 | 8.7% | 2.8% | ||
| Q2 24 | 10.7% | 5.8% | ||
| Q1 24 | 57.4% | 6.0% |
现金转化率CSGPTLN
| Q4 25 | 3.49× | — | ||
| Q3 25 | — | 2.36× | ||
| Q2 25 | 23.63× | -2.56× | ||
| Q1 25 | — | — | ||
| Q4 24 | 1.58× | — | ||
| Q3 24 | 1.89× | 0.57× | ||
| Q2 24 | 3.03× | -0.05× | ||
| Q1 24 | 20.84× | 0.59× |
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% |
TLN
| Electricity Sales And Ancillary Services | $555.0M | 73% |
| Operating Revenue Capacity | $182.0M | 24% |
| Physical Electricity Sales Bilateral Contracts Other | $21.0M | 3% |
