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CoStar Group（CSGP）与维蒙特工业（VMI）财务数据对比。点击上方公司名可切换其他公司
维蒙特工业的季度营收约是CoStar Group的1.2倍（$1.0B vs $899.9M），维蒙特工业净利率更高（16.2% vs 5.2%，领先11.0%），CoStar Group同比增速更快（26.9% vs 0.1%），CoStar Group自由现金流更多（$101.3M vs $70.4M），过去两年CoStar Group的营收复合增速更高（17.1% vs 3.0%）
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。
维蒙特工业是美国大型上市制造企业，核心产品包括Valley品牌中心支轴及线性灌溉设备、风电机组支撑结构、照明与交通信号灯杆、钢制公用设施杆塔，在全球农业设备及基建配套领域拥有领先的市场地位和技术优势。
CSGP vs VMI — 直观对比
营收规模更大
VMI
是对方的1.2倍
$899.9M
营收增速更快
CSGP
高出26.8%
0.1%
净利率更高
VMI
高出11.0%
5.2%
自由现金流更多
CSGP
多$30.9M
$70.4M
两年增速更快
CSGP
近两年复合增速
3.0%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $899.9M | $1.0B |
| 净利润 | $46.5M | $168.0M |
| 毛利率 | 78.6% | 29.8% |
| 营业利润率 | 5.5% | 11.2% |
| 净利率 | 5.2% | 16.2% |
| 营收同比 | 26.9% | 0.1% |
| 净利润同比 | -22.2% | 116.3% |
| 每股收益（稀释后） | $0.12 | $9.02 |
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CSGPVMI
| Q4 25 | $899.9M | $1.0B | ||
| Q3 25 | $833.6M | $1.0B | ||
| Q2 25 | $781.3M | $1.1B | ||
| Q1 25 | $732.2M | $969.3M | ||
| Q4 24 | $709.4M | $1.0B | ||
| Q3 24 | $692.6M | $1.0B | ||
| Q2 24 | $677.8M | $1.0B | ||
| Q1 24 | $656.4M | $977.8M |
净利润CSGPVMI
| Q4 25 | $46.5M | $168.0M | ||
| Q3 25 | $-30.9M | $99.0M | ||
| Q2 25 | $6.2M | $-4.0M | ||
| Q1 25 | $-14.8M | $87.3M | ||
| Q4 24 | $59.8M | $77.7M | ||
| Q3 24 | $53.0M | $83.1M | ||
| Q2 24 | $19.2M | $99.7M | ||
| Q1 24 | $6.7M | $87.8M |
毛利率CSGPVMI
| Q4 25 | 78.6% | 29.8% | ||
| Q3 25 | 79.3% | 30.4% | ||
| Q2 25 | 78.5% | 30.6% | ||
| Q1 25 | 79.1% | 30.0% | ||
| Q4 24 | 80.1% | 30.2% | ||
| Q3 24 | 79.7% | 29.6% | ||
| Q2 24 | 80.0% | 30.8% | ||
| Q1 24 | 78.5% | 31.3% |
营业利润率CSGPVMI
| Q4 25 | 5.5% | 11.2% | ||
| Q3 25 | -6.1% | 13.5% | ||
| Q2 25 | -3.5% | 2.8% | ||
| Q1 25 | -5.8% | 13.2% | ||
| Q4 24 | 5.6% | 11.6% | ||
| Q3 24 | 3.4% | 12.3% | ||
| Q2 24 | -2.4% | 14.2% | ||
| Q1 24 | -6.5% | 13.5% |
净利率CSGPVMI
| Q4 25 | 5.2% | 16.2% | ||
| Q3 25 | -3.7% | 9.5% | ||
| Q2 25 | 0.8% | -0.4% | ||
| Q1 25 | -2.0% | 9.0% | ||
| Q4 24 | 8.4% | 7.5% | ||
| Q3 24 | 7.7% | 8.1% | ||
| Q2 24 | 2.8% | 9.6% | ||
| Q1 24 | 1.0% | 9.0% |
每股收益（稀释后）CSGPVMI
| Q4 25 | $0.12 | $9.02 | ||
| Q3 25 | $-0.07 | $4.98 | ||
| Q2 25 | $0.01 | $-1.53 | ||
| Q1 25 | $-0.04 | $4.32 | ||
| Q4 24 | $0.14 | $3.85 | ||
| Q3 24 | $0.13 | $4.11 | ||
| Q2 24 | $0.05 | $4.91 | ||
| Q1 24 | $0.02 | $4.32 |
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 | $187.1M |
| 总债务越低越好 | $140.0M | $795.7M |
| 股东权益账面价值 | $8.3B | $1.6B |
| 总资产 | $10.5B | $3.4B |
| 负债/权益比越低杠杆越低 | 0.02× | 0.49× |
8季度趋势，按日历期对齐
现金及短期投资CSGPVMI
| Q4 25 | $1.6B | $187.1M | ||
| Q3 25 | $1.9B | $226.1M | ||
| Q2 25 | $3.6B | $208.5M | ||
| Q1 25 | $3.7B | $184.4M | ||
| Q4 24 | $4.7B | $164.3M | ||
| Q3 24 | — | $200.5M | ||
| Q2 24 | — | $163.1M | ||
| Q1 24 | — | $169.2M |
总债务CSGPVMI
| Q4 25 | $140.0M | $795.7M | ||
| Q3 25 | $1.0B | — | ||
| Q2 25 | $1.0B | — | ||
| Q1 25 | $1.0B | — | ||
| Q4 24 | $1.0B | $730.6M | ||
| Q3 24 | $1.0B | — | ||
| Q2 24 | $1.0B | — | ||
| Q1 24 | $1.0B | — |
股东权益CSGPVMI
| Q4 25 | $8.3B | $1.6B | ||
| Q3 25 | $8.6B | $1.6B | ||
| Q2 25 | $8.6B | $1.5B | ||
| Q1 25 | $8.6B | $1.6B | ||
| Q4 24 | $7.6B | $1.5B | ||
| Q3 24 | $7.5B | $1.5B | ||
| Q2 24 | $7.4B | $1.5B | ||
| Q1 24 | $7.3B | $1.4B |
总资产CSGPVMI
| Q4 25 | $10.5B | $3.4B | ||
| Q3 25 | $10.8B | $3.4B | ||
| Q2 25 | $10.5B | $3.3B | ||
| Q1 25 | $10.4B | $3.4B | ||
| Q4 24 | $9.3B | $3.3B | ||
| Q3 24 | $9.1B | $3.5B | ||
| Q2 24 | $9.1B | $3.5B | ||
| Q1 24 | $9.0B | $3.5B |
负债/权益比CSGPVMI
| Q4 25 | 0.02× | 0.49× | ||
| Q3 25 | 0.12× | — | ||
| Q2 25 | 0.12× | — | ||
| Q1 25 | 0.12× | — | ||
| Q4 24 | 0.13× | 0.47× | ||
| 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 | $111.2M |
| 自由现金流经营现金流 - 资本支出 | $101.3M | $70.4M |
| 自由现金流率自由现金流/营收 | 11.3% | 6.8% |
| 资本支出强度资本支出/营收 | 6.8% | 3.9% |
| 现金转化率经营现金流/净利润 | 3.49× | 0.66× |
| 过去12个月自由现金流最近4个季度 | $123.0M | $311.4M |
8季度趋势，按日历期对齐
经营现金流CSGPVMI
| Q4 25 | $162.1M | $111.2M | ||
| Q3 25 | $68.2M | $112.5M | ||
| Q2 25 | $146.5M | $167.6M | ||
| Q1 25 | $53.2M | $65.1M | ||
| Q4 24 | $94.6M | $193.4M | ||
| Q3 24 | $100.3M | $225.1M | ||
| Q2 24 | $58.1M | $130.8M | ||
| Q1 24 | $139.6M | $23.3M |
自由现金流CSGPVMI
| Q4 25 | $101.3M | $70.4M | ||
| Q3 25 | $-5.5M | $70.6M | ||
| Q2 25 | $27.7M | $135.6M | ||
| Q1 25 | $-500.0K | $34.8M | ||
| Q4 24 | $25.2M | $167.8M | ||
| Q3 24 | $40.2M | $204.6M | ||
| Q2 24 | $-14.7M | $112.5M | ||
| Q1 24 | $-237.1M | $8.3M |
自由现金流率CSGPVMI
| Q4 25 | 11.3% | 6.8% | ||
| Q3 25 | -0.7% | 6.7% | ||
| Q2 25 | 3.5% | 12.9% | ||
| Q1 25 | -0.1% | 3.6% | ||
| Q4 24 | 3.6% | 16.2% | ||
| Q3 24 | 5.8% | 20.1% | ||
| Q2 24 | -2.2% | 10.8% | ||
| Q1 24 | -36.1% | 0.9% |
资本支出强度CSGPVMI
| Q4 25 | 6.8% | 3.9% | ||
| Q3 25 | 8.8% | 4.0% | ||
| Q2 25 | 15.2% | 3.0% | ||
| Q1 25 | 7.3% | 3.1% | ||
| Q4 24 | 9.8% | 2.5% | ||
| Q3 24 | 8.7% | 2.0% | ||
| Q2 24 | 10.7% | 1.8% | ||
| Q1 24 | 57.4% | 1.5% |
现金转化率CSGPVMI
| Q4 25 | 3.49× | 0.66× | ||
| Q3 25 | — | 1.14× | ||
| Q2 25 | 23.63× | — | ||
| Q1 25 | — | 0.75× | ||
| Q4 24 | 1.58× | 2.49× | ||
| Q3 24 | 1.89× | 2.71× | ||
| Q2 24 | 3.03× | 1.31× | ||
| Q1 24 | 20.84× | 0.27× |
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% |
VMI
| Utility Product Line | $424.5M | 41% |
| Lighting And Transportation | $204.6M | 20% |
| Irrigation Equipment And Parts Excluding Technology | $199.0M | 19% |
| Services | $113.6M | 11% |
| Telecommunications | $73.8M | 7% |
| Technology Products And Services | $23.7M | 2% |
