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CoStar Group（CSGP）与TTEC Holdings, Inc.（TTEC）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TTEC Holdings, Inc.的1.6倍（$899.9M vs $570.0M），CoStar Group净利率更高（5.2% vs -29.9%，领先35.1%），CoStar Group同比增速更快（26.9% vs 0.4%），CoStar Group自由现金流更多（$101.3M vs $-9.2M），过去两年CoStar Group的营收复合增速更高（17.1% vs -0.6%）
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。
TTEC Holdings, Inc.是一家提供客户体验技术与服务的美国企业，总部运营中心位于得克萨斯州奥斯汀，专注为各行业客户打造全链路客户体验解决方案，凭借专业技术与服务能力深耕全球客户体验服务领域多年。
CSGP vs TTEC — 直观对比
营收规模更大
CSGP
是对方的1.6倍
$570.0M
营收增速更快
CSGP
高出26.4%
0.4%
净利率更高
CSGP
高出35.1%
-29.9%
自由现金流更多
CSGP
多$110.5M
$-9.2M
两年增速更快
CSGP
近两年复合增速
-0.6%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $899.9M | $570.0M |
| 净利润 | $46.5M | $-170.5M |
| 毛利率 | 78.6% | — |
| 营业利润率 | 5.5% | -30.3% |
| 净利率 | 5.2% | -29.9% |
| 营收同比 | 26.9% | 0.4% |
| 净利润同比 | -22.2% | -3791.9% |
| 每股收益（稀释后） | $0.12 | $-3.57 |
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CSGPTTEC
| Q4 25 | $899.9M | $570.0M | ||
| Q3 25 | $833.6M | $519.1M | ||
| Q2 25 | $781.3M | $513.6M | ||
| Q1 25 | $732.2M | $534.2M | ||
| Q4 24 | $709.4M | $567.4M | ||
| Q3 24 | $692.6M | $529.4M | ||
| Q2 24 | $677.8M | $534.1M | ||
| Q1 24 | $656.4M | $576.6M |
净利润CSGPTTEC
| Q4 25 | $46.5M | $-170.5M | ||
| Q3 25 | $-30.9M | $-13.4M | ||
| Q2 25 | $6.2M | $-8.0M | ||
| Q1 25 | $-14.8M | $1.4M | ||
| Q4 24 | $59.8M | $4.6M | ||
| Q3 24 | $53.0M | $-21.1M | ||
| Q2 24 | $19.2M | $-299.5M | ||
| Q1 24 | $6.7M | $-2.3M |
毛利率CSGPTTEC
| 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CSGPTTEC
| Q4 25 | 5.5% | -30.3% | ||
| Q3 25 | -6.1% | 2.4% | ||
| Q2 25 | -3.5% | 3.7% | ||
| Q1 25 | -5.8% | 4.5% | ||
| Q4 24 | 5.6% | 2.7% | ||
| Q3 24 | 3.4% | 2.4% | ||
| Q2 24 | -2.4% | -42.0% | ||
| Q1 24 | -6.5% | 3.9% |
净利率CSGPTTEC
| Q4 25 | 5.2% | -29.9% | ||
| Q3 25 | -3.7% | -2.6% | ||
| Q2 25 | 0.8% | -1.6% | ||
| Q1 25 | -2.0% | 0.3% | ||
| Q4 24 | 8.4% | 0.8% | ||
| Q3 24 | 7.7% | -4.0% | ||
| Q2 24 | 2.8% | -56.1% | ||
| Q1 24 | 1.0% | -0.4% |
每股收益（稀释后）CSGPTTEC
| Q4 25 | $0.12 | $-3.57 | ||
| Q3 25 | $-0.07 | $-0.28 | ||
| Q2 25 | $0.01 | $-0.17 | ||
| Q1 25 | $-0.04 | $0.03 | ||
| Q4 24 | $0.14 | $0.05 | ||
| Q3 24 | $0.13 | $-0.44 | ||
| Q2 24 | $0.05 | $-6.30 | ||
| Q1 24 | $0.02 | $-0.05 |
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 | $82.9M |
| 总债务越低越好 | $140.0M | — |
| 股东权益账面价值 | $8.3B | $112.9M |
| 总资产 | $10.5B | $1.5B |
| 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CSGPTTEC
| Q4 25 | $1.6B | $82.9M | ||
| Q3 25 | $1.9B | $73.5M | ||
| Q2 25 | $3.6B | $82.6M | ||
| Q1 25 | $3.7B | $85.1M | ||
| Q4 24 | $4.7B | $85.0M | ||
| Q3 24 | — | $96.9M | ||
| Q2 24 | — | $79.8M | ||
| Q1 24 | — | $91.5M |
总债务CSGPTTEC
| Q4 25 | $140.0M | — | ||
| Q3 25 | $1.0B | — | ||
| Q2 25 | $1.0B | — | ||
| Q1 25 | $1.0B | — | ||
| Q4 24 | $1.0B | — | ||
| Q3 24 | $1.0B | — | ||
| Q2 24 | $1.0B | — | ||
| Q1 24 | $1.0B | — |
股东权益CSGPTTEC
| Q4 25 | $8.3B | $112.9M | ||
| Q3 25 | $8.6B | $280.8M | ||
| Q2 25 | $8.6B | $295.2M | ||
| Q1 25 | $8.6B | $281.5M | ||
| Q4 24 | $7.6B | $268.1M | ||
| Q3 24 | $7.5B | $295.1M | ||
| Q2 24 | $7.4B | $304.2M | ||
| Q1 24 | $7.3B | $612.4M |
总资产CSGPTTEC
| Q4 25 | $10.5B | $1.5B | ||
| Q3 25 | $10.8B | $1.7B | ||
| Q2 25 | $10.5B | $1.7B | ||
| Q1 25 | $10.4B | $1.7B | ||
| Q4 24 | $9.3B | $1.8B | ||
| Q3 24 | $9.1B | $1.8B | ||
| Q2 24 | $9.1B | $1.8B | ||
| Q1 24 | $9.0B | $2.1B |
负债/权益比CSGPTTEC
| Q4 25 | 0.02× | — | ||
| Q3 25 | 0.12× | — | ||
| Q2 25 | 0.12× | — | ||
| Q1 25 | 0.12× | — | ||
| Q4 24 | 0.13× | — | ||
| Q3 24 | 0.13× | — | ||
| Q2 24 | 0.14× | — | ||
| 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 | $2.6M |
| 自由现金流经营现金流 - 资本支出 | $101.3M | $-9.2M |
| 自由现金流率自由现金流/营收 | 11.3% | -1.6% |
| 资本支出强度资本支出/营收 | 6.8% | 2.1% |
| 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 | $83.0M |
8季度趋势，按日历期对齐
经营现金流CSGPTTEC
| Q4 25 | $162.1M | $2.6M | ||
| Q3 25 | $68.2M | $4.2M | ||
| Q2 25 | $146.5M | $92.7M | ||
| Q1 25 | $53.2M | $21.6M | ||
| Q4 24 | $94.6M | $-1.1M | ||
| Q3 24 | $100.3M | $-91.4M | ||
| Q2 24 | $58.1M | $49.3M | ||
| Q1 24 | $139.6M | $-15.6M |
自由现金流CSGPTTEC
| Q4 25 | $101.3M | $-9.2M | ||
| Q3 25 | $-5.5M | $-9.6M | ||
| Q2 25 | $27.7M | $85.5M | ||
| Q1 25 | $-500.0K | $16.2M | ||
| Q4 24 | $25.2M | $-9.8M | ||
| Q3 24 | $40.2M | $-100.2M | ||
| Q2 24 | $-14.7M | $35.1M | ||
| Q1 24 | $-237.1M | $-29.1M |
自由现金流率CSGPTTEC
| Q4 25 | 11.3% | -1.6% | ||
| Q3 25 | -0.7% | -1.8% | ||
| Q2 25 | 3.5% | 16.7% | ||
| Q1 25 | -0.1% | 3.0% | ||
| Q4 24 | 3.6% | -1.7% | ||
| Q3 24 | 5.8% | -18.9% | ||
| Q2 24 | -2.2% | 6.6% | ||
| Q1 24 | -36.1% | -5.0% |
资本支出强度CSGPTTEC
| Q4 25 | 6.8% | 2.1% | ||
| Q3 25 | 8.8% | 2.7% | ||
| Q2 25 | 15.2% | 1.4% | ||
| Q1 25 | 7.3% | 1.0% | ||
| Q4 24 | 9.8% | 1.5% | ||
| Q3 24 | 8.7% | 1.7% | ||
| Q2 24 | 10.7% | 2.7% | ||
| Q1 24 | 57.4% | 2.3% |
现金转化率CSGPTTEC
| Q4 25 | 3.49× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | 23.63× | — | ||
| Q1 25 | — | 15.60× | ||
| Q4 24 | 1.58× | -0.24× | ||
| Q3 24 | 1.89× | — | ||
| 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% |
TTEC
| Ttec Engage | $444.5M | 78% |
| Ttec Digital | $125.5M | 22% |
