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CoStar Group（CSGP）与ADVANCED DRAINAGE SYSTEMS, INC.（WMS）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ADVANCED DRAINAGE SYSTEMS, INC.的1.3倍（$899.9M vs $693.4M），ADVANCED DRAINAGE SYSTEMS, INC.净利率更高（13.5% vs 5.2%，领先8.3%），CoStar Group同比增速更快（26.9% vs 0.4%），ADVANCED DRAINAGE SYSTEMS, INC.自由现金流更多（$183.6M vs $101.3M），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。
Advanced Drainage Systems（简称ADS）是一家美国企业，主营聚丙烯、聚乙烯管材，塑料渗滤场系统、化粪池及配套配件、雨水调蓄设施、PVC排水构件、管件、水过滤与分离设备的设计、生产及销售，是美国规模最大的高密度聚乙烯管道生产商，总部位于俄亥俄州希利厄德。
CSGP vs WMS — 直观对比
损益表 — Q4 FY2025 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $899.9M | $693.4M |
| 净利润 | $46.5M | $93.6M |
| 毛利率 | 78.6% | 37.4% |
| 营业利润率 | 5.5% | 19.7% |
| 净利率 | 5.2% | 13.5% |
| 营收同比 | 26.9% | 0.4% |
| 净利润同比 | -22.2% | 15.3% |
| 每股收益（稀释后） | $0.12 | $1.19 |
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
| Q4 25 | $899.9M | $693.4M | ||
| Q3 25 | $833.6M | $850.4M | ||
| Q2 25 | $781.3M | $829.9M | ||
| Q1 25 | $732.2M | $615.8M | ||
| Q4 24 | $709.4M | $690.5M | ||
| Q3 24 | $692.6M | $782.6M | ||
| Q2 24 | $677.8M | $815.3M | ||
| Q1 24 | $656.4M | $653.8M |
| Q4 25 | $46.5M | $93.6M | ||
| Q3 25 | $-30.9M | $156.0M | ||
| Q2 25 | $6.2M | $143.9M | ||
| Q1 25 | $-14.8M | $77.2M | ||
| Q4 24 | $59.8M | $81.2M | ||
| Q3 24 | $53.0M | $130.4M | ||
| Q2 24 | $19.2M | $161.4M | ||
| Q1 24 | $6.7M | $94.8M |
| Q4 25 | 78.6% | 37.4% | ||
| Q3 25 | 79.3% | 40.0% | ||
| Q2 25 | 78.5% | 39.8% | ||
| Q1 25 | 79.1% | 36.7% | ||
| Q4 24 | 80.1% | 35.0% | ||
| Q3 24 | 79.7% | 37.6% | ||
| Q2 24 | 80.0% | 40.8% | ||
| Q1 24 | 78.5% | 38.5% |
| Q4 25 | 5.5% | 19.7% | ||
| Q3 25 | -6.1% | 26.3% | ||
| Q2 25 | -3.5% | 24.8% | ||
| Q1 25 | -5.8% | 19.0% | ||
| Q4 24 | 5.6% | 18.4% | ||
| Q3 24 | 3.4% | 23.9% | ||
| Q2 24 | -2.4% | 27.7% | ||
| Q1 24 | -6.5% | 20.7% |
| Q4 25 | 5.2% | 13.5% | ||
| Q3 25 | -3.7% | 18.3% | ||
| Q2 25 | 0.8% | 17.3% | ||
| Q1 25 | -2.0% | 12.5% | ||
| Q4 24 | 8.4% | 11.8% | ||
| Q3 24 | 7.7% | 16.7% | ||
| Q2 24 | 2.8% | 19.8% | ||
| Q1 24 | 1.0% | 14.5% |
| Q4 25 | $0.12 | $1.19 | ||
| Q3 25 | $-0.07 | $1.99 | ||
| Q2 25 | $0.01 | $1.84 | ||
| Q1 25 | $-0.04 | $0.99 | ||
| Q4 24 | $0.14 | $1.04 | ||
| Q3 24 | $0.13 | $1.67 | ||
| Q2 24 | $0.05 | $2.06 | ||
| Q1 24 | $0.02 | $1.22 |
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 | $1.0B |
| 总债务越低越好 | $140.0M | — |
| 股东权益账面价值 | $8.3B | $1.9B |
| 总资产 | $10.5B | $4.1B |
| 负债/权益比越低杠杆越低 | 0.02× | — |
8季度趋势，按日历期对齐
| Q4 25 | $1.6B | $1.0B | ||
| Q3 25 | $1.9B | $812.9M | ||
| Q2 25 | $3.6B | $638.3M | ||
| Q1 25 | $3.7B | $463.3M | ||
| Q4 24 | $4.7B | $488.9M | ||
| Q3 24 | — | $613.0M | ||
| Q2 24 | — | $541.6M | ||
| Q1 24 | — | $490.2M |
| Q4 25 | $140.0M | — | ||
| Q3 25 | $1.0B | — | ||
| Q2 25 | $1.0B | — | ||
| Q1 25 | $1.0B | $1.3B | ||
| Q4 24 | $1.0B | — | ||
| Q3 24 | $1.0B | — | ||
| Q2 24 | $1.0B | — | ||
| Q1 24 | $1.0B | $1.3B |
| Q4 25 | $8.3B | $1.9B | ||
| Q3 25 | $8.6B | $1.8B | ||
| Q2 25 | $8.6B | $1.7B | ||
| Q1 25 | $8.6B | $1.5B | ||
| Q4 24 | $7.6B | $1.5B | ||
| Q3 24 | $7.5B | $1.4B | ||
| Q2 24 | $7.4B | $1.3B | ||
| Q1 24 | $7.3B | $1.2B |
| Q4 25 | $10.5B | $4.1B | ||
| Q3 25 | $10.8B | $4.1B | ||
| Q2 25 | $10.5B | $3.9B | ||
| Q1 25 | $10.4B | $3.7B | ||
| Q4 24 | $9.3B | $3.6B | ||
| Q3 24 | $9.1B | $3.5B | ||
| Q2 24 | $9.1B | $3.4B | ||
| Q1 24 | $9.0B | $3.3B |
| Q4 25 | 0.02× | — | ||
| Q3 25 | 0.12× | — | ||
| Q2 25 | 0.12× | — | ||
| Q1 25 | 0.12× | 0.83× | ||
| Q4 24 | 0.13× | — | ||
| Q3 24 | 0.13× | — | ||
| Q2 24 | 0.14× | — | ||
| Q1 24 | 0.14× | 1.11× |
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 | $269.3M |
| 自由现金流经营现金流 - 资本支出 | $101.3M | $183.6M |
| 自由现金流率自由现金流/营收 | 11.3% | 26.5% |
| 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× | 2.88× |
| 过去12个月自由现金流最近4个季度 | $123.0M | $577.1M |
8季度趋势，按日历期对齐
| Q4 25 | $162.1M | $269.3M | ||
| Q3 25 | $68.2M | $234.9M | ||
| Q2 25 | $146.5M | $275.0M | ||
| Q1 25 | $53.2M | $41.2M | ||
| Q4 24 | $94.6M | $189.9M | ||
| Q3 24 | $100.3M | $166.9M | ||
| Q2 24 | $58.1M | $183.4M | ||
| Q1 24 | $139.6M | $17.7M |
| Q4 25 | $101.3M | $183.6M | ||
| Q3 25 | $-5.5M | $176.4M | ||
| Q2 25 | $27.7M | $222.4M | ||
| Q1 25 | $-500.0K | $-5.3M | ||
| Q4 24 | $25.2M | $135.7M | ||
| Q3 24 | $40.2M | $112.4M | ||
| Q2 24 | $-14.7M | $125.7M | ||
| Q1 24 | $-237.1M | $-29.8M |
| Q4 25 | 11.3% | 26.5% | ||
| Q3 25 | -0.7% | 20.7% | ||
| Q2 25 | 3.5% | 26.8% | ||
| Q1 25 | -0.1% | -0.9% | ||
| Q4 24 | 3.6% | 19.7% | ||
| Q3 24 | 5.8% | 14.4% | ||
| Q2 24 | -2.2% | 15.4% | ||
| Q1 24 | -36.1% | -4.6% |
| Q4 25 | 6.8% | 12.4% | ||
| Q3 25 | 8.8% | 6.9% | ||
| Q2 25 | 15.2% | 6.3% | ||
| Q1 25 | 7.3% | 7.6% | ||
| Q4 24 | 9.8% | 7.9% | ||
| Q3 24 | 8.7% | 7.0% | ||
| Q2 24 | 10.7% | 7.1% | ||
| Q1 24 | 57.4% | 7.3% |
| Q4 25 | 3.49× | 2.88× | ||
| Q3 25 | — | 1.51× | ||
| Q2 25 | 23.63× | 1.91× | ||
| Q1 25 | — | 0.53× | ||
| Q4 24 | 1.58× | 2.34× | ||
| Q3 24 | 1.89× | 1.28× | ||
| Q2 24 | 3.03× | 1.14× | ||
| Q1 24 | 20.84× | 0.19× |
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% |
WMS
| Reportable Segment Aggregation Before Other Operating Segment | $557.3M | 80% |
| Other | $85.5M | 12% |
| Pipe | $35.5M | 5% |
| Allied Products And Other | $15.0M | 2% |
