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CoStar Group（CSGP）与胜牌（VVV）财务数据对比。点击上方公司名可切换其他公司
CoStar Group的季度营收约是胜牌的1.9倍（$899.9M vs $461.8M），CoStar Group净利率更高（5.2% vs -7.1%，领先12.3%），CoStar Group同比增速更快（26.9% vs 11.5%），CoStar Group自由现金流更多（$101.3M vs $7.4M），过去两年CoStar Group的营收复合增速更高（17.1% vs 9.0%）
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。
胜牌公司是总部位于美国肯塔基州列克星敦的汽车零售服务企业，授权推出多款胜牌 branded 的车用机油、添加剂及润滑油产品，旗下拥有胜牌即时换油、加拿大卓越换油、胜牌快速护理等汽车维修连锁品牌。截至2023年，胜牌是美国第二大换油服务提供商，市场份额达10%，门店数量超1650家。
CSGP vs VVV — 直观对比
营收规模更大
CSGP
是对方的1.9倍
$461.8M
营收增速更快
CSGP
高出15.4%
11.5%
净利率更高
CSGP
高出12.3%
-7.1%
自由现金流更多
CSGP
多$93.9M
$7.4M
两年增速更快
CSGP
近两年复合增速
9.0%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $899.9M | $461.8M |
| 净利润 | $46.5M | $-32.8M |
| 毛利率 | 78.6% | 37.4% |
| 营业利润率 | 5.5% | 4.0% |
| 净利率 | 5.2% | -7.1% |
| 营收同比 | 26.9% | 11.5% |
| 净利润同比 | -22.2% | -135.8% |
| 每股收益（稀释后） | $0.12 | $-0.26 |
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CSGPVVV
| Q4 25 | $899.9M | $461.8M | ||
| Q3 25 | $833.6M | $453.8M | ||
| Q2 25 | $781.3M | $439.0M | ||
| Q1 25 | $732.2M | $403.2M | ||
| Q4 24 | $709.4M | $414.3M | ||
| Q3 24 | $692.6M | $435.5M | ||
| Q2 24 | $677.8M | $421.4M | ||
| Q1 24 | $656.4M | $388.7M |
净利润CSGPVVV
| Q4 25 | $46.5M | $-32.8M | ||
| Q3 25 | $-30.9M | $25.0M | ||
| Q2 25 | $6.2M | $56.5M | ||
| Q1 25 | $-14.8M | $37.6M | ||
| Q4 24 | $59.8M | $91.6M | ||
| Q3 24 | $53.0M | $92.3M | ||
| Q2 24 | $19.2M | $45.9M | ||
| Q1 24 | $6.7M | $41.4M |
毛利率CSGPVVV
| Q4 25 | 78.6% | 37.4% | ||
| Q3 25 | 79.3% | 39.1% | ||
| Q2 25 | 78.5% | 40.5% | ||
| Q1 25 | 79.1% | 37.3% | ||
| Q4 24 | 80.1% | 36.9% | ||
| Q3 24 | 79.7% | 39.1% | ||
| Q2 24 | 80.0% | 39.7% | ||
| Q1 24 | 78.5% | 37.6% |
营业利润率CSGPVVV
| Q4 25 | 5.5% | 4.0% | ||
| Q3 25 | -6.1% | 18.6% | ||
| Q2 25 | -3.5% | 21.6% | ||
| Q1 25 | -5.8% | 16.6% | ||
| Q4 24 | 5.6% | 34.7% | ||
| Q3 24 | 3.4% | 30.9% | ||
| Q2 24 | -2.4% | 22.2% | ||
| Q1 24 | -6.5% | 19.7% |
净利率CSGPVVV
| Q4 25 | 5.2% | -7.1% | ||
| Q3 25 | -3.7% | 5.5% | ||
| Q2 25 | 0.8% | 12.9% | ||
| Q1 25 | -2.0% | 9.3% | ||
| Q4 24 | 8.4% | 22.1% | ||
| Q3 24 | 7.7% | 21.2% | ||
| Q2 24 | 2.8% | 10.9% | ||
| Q1 24 | 1.0% | 10.7% |
每股收益（稀释后）CSGPVVV
| Q4 25 | $0.12 | $-0.26 | ||
| Q3 25 | $-0.07 | $0.20 | ||
| Q2 25 | $0.01 | $0.44 | ||
| Q1 25 | $-0.04 | $0.29 | ||
| Q4 24 | $0.14 | $0.71 | ||
| Q3 24 | $0.13 | $0.70 | ||
| Q2 24 | $0.05 | $0.35 | ||
| Q1 24 | $0.02 | $0.32 |
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 | $69.9M |
| 总债务越低越好 | $140.0M | — |
| 股东权益账面价值 | $8.3B | $307.6M |
| 总资产 | $10.5B | $3.4B |
| 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CSGPVVV
| Q4 25 | $1.6B | $69.9M | ||
| Q3 25 | $1.9B | $51.6M | ||
| Q2 25 | $3.6B | $68.3M | ||
| Q1 25 | $3.7B | $61.9M | ||
| Q4 24 | $4.7B | $60.0M | ||
| Q3 24 | — | $68.3M | ||
| Q2 24 | — | $65.7M | ||
| Q1 24 | — | $494.5M |
总债务CSGPVVV
| 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CSGPVVV
| Q4 25 | $8.3B | $307.6M | ||
| Q3 25 | $8.6B | $338.5M | ||
| Q2 25 | $8.6B | $313.6M | ||
| Q1 25 | $8.6B | $248.7M | ||
| Q4 24 | $7.6B | $229.8M | ||
| Q3 24 | $7.5B | $185.6M | ||
| Q2 24 | $7.4B | $106.5M | ||
| Q1 24 | $7.3B | $60.1M |
总资产CSGPVVV
| Q4 25 | $10.5B | $3.4B | ||
| Q3 25 | $10.8B | $2.7B | ||
| Q2 25 | $10.5B | $2.6B | ||
| Q1 25 | $10.4B | $2.5B | ||
| Q4 24 | $9.3B | $2.3B | ||
| Q3 24 | $9.1B | $2.4B | ||
| Q2 24 | $9.1B | $2.4B | ||
| Q1 24 | $9.0B | $2.8B |
负债/权益比CSGPVVV
| 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 | $64.8M |
| 自由现金流经营现金流 - 资本支出 | $101.3M | $7.4M |
| 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% | 12.4% |
| 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 | $57.8M |
8季度趋势，按日历期对齐
经营现金流CSGPVVV
| Q4 25 | $162.1M | $64.8M | ||
| Q3 25 | $68.2M | $121.9M | ||
| Q2 25 | $146.5M | $86.9M | ||
| Q1 25 | $53.2M | $47.2M | ||
| Q4 24 | $94.6M | $41.2M | ||
| Q3 24 | $100.3M | $101.3M | ||
| Q2 24 | $58.1M | $75.6M | ||
| Q1 24 | $139.6M | $68.3M |
自由现金流CSGPVVV
| Q4 25 | $101.3M | $7.4M | ||
| Q3 25 | $-5.5M | $23.0M | ||
| Q2 25 | $27.7M | $32.0M | ||
| Q1 25 | $-500.0K | $-4.6M | ||
| Q4 24 | $25.2M | $-12.4M | ||
| Q3 24 | $40.2M | $29.9M | ||
| Q2 24 | $-14.7M | $9.8M | ||
| Q1 24 | $-237.1M | $23.4M |
自由现金流率CSGPVVV
| Q4 25 | 11.3% | 1.6% | ||
| Q3 25 | -0.7% | 5.1% | ||
| Q2 25 | 3.5% | 7.3% | ||
| Q1 25 | -0.1% | -1.1% | ||
| Q4 24 | 3.6% | -3.0% | ||
| Q3 24 | 5.8% | 6.9% | ||
| Q2 24 | -2.2% | 2.3% | ||
| Q1 24 | -36.1% | 6.0% |
资本支出强度CSGPVVV
| Q4 25 | 6.8% | 12.4% | ||
| Q3 25 | 8.8% | 21.8% | ||
| Q2 25 | 15.2% | 12.5% | ||
| Q1 25 | 7.3% | 12.8% | ||
| Q4 24 | 9.8% | 12.9% | ||
| Q3 24 | 8.7% | 16.4% | ||
| Q2 24 | 10.7% | 15.6% | ||
| Q1 24 | 57.4% | 11.6% |
现金转化率CSGPVVV
| Q4 25 | 3.49× | — | ||
| Q3 25 | — | 4.88× | ||
| Q2 25 | 23.63× | 1.54× | ||
| Q1 25 | — | 1.26× | ||
| Q4 24 | 1.58× | 0.45× | ||
| Q3 24 | 1.89× | 1.10× | ||
| Q2 24 | 3.03× | 1.65× | ||
| Q1 24 | 20.84× | 1.65× |
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% |
VVV
| Oil Change And Related Fees | $337.7M | 73% |
| Non Oil Change And Related Fees | $100.5M | 22% |
| Franchise Fees And Other | $23.6M | 5% |
