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CoStar Group（CSGP）与WillScot Holdings Corp（WSC）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WillScot Holdings Corp的1.6倍（$899.9M vs $566.0M），CoStar Group净利率更高（5.2% vs -33.1%，领先38.3%），CoStar Group同比增速更快（26.9% vs -6.1%），WillScot Holdings Corp自由现金流更多（$149.7M vs $101.3M），过去两年CoStar Group的营收复合增速更高（17.1% vs -1.8%）
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。
WillScot Holdings Corp是北美领先的模块化空间及便携式存储服务供应商，服务覆盖建筑、商业开发、教育、医疗、政府项目、特殊活动等多个领域，为客户提供灵活可扩展的临时及半永久空间解决方案。
CSGP vs WSC — 直观对比
营收规模更大
CSGP
是对方的1.6倍
$566.0M
营收增速更快
CSGP
高出32.9%
-6.1%
净利率更高
CSGP
高出38.3%
-33.1%
自由现金流更多
WSC
多$48.4M
$101.3M
两年增速更快
CSGP
近两年复合增速
-1.8%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $899.9M | $566.0M |
| 净利润 | $46.5M | $-187.3M |
| 毛利率 | 78.6% | 50.4% |
| 营业利润率 | 5.5% | -32.5% |
| 净利率 | 5.2% | -33.1% |
| 营收同比 | 26.9% | -6.1% |
| 净利润同比 | -22.2% | -310.0% |
| 每股收益（稀释后） | $0.12 | $-1.02 |
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CSGPWSC
| Q4 25 | $899.9M | $566.0M | ||
| Q3 25 | $833.6M | $566.8M | ||
| Q2 25 | $781.3M | $589.1M | ||
| Q1 25 | $732.2M | $559.6M | ||
| Q4 24 | $709.4M | $602.5M | ||
| Q3 24 | $692.6M | $601.4M | ||
| Q2 24 | $677.8M | $604.6M | ||
| Q1 24 | $656.4M | $587.2M |
净利润CSGPWSC
| Q4 25 | $46.5M | $-187.3M | ||
| Q3 25 | $-30.9M | $43.3M | ||
| Q2 25 | $6.2M | $47.9M | ||
| Q1 25 | $-14.8M | $43.1M | ||
| Q4 24 | $59.8M | $89.2M | ||
| Q3 24 | $53.0M | $-70.5M | ||
| Q2 24 | $19.2M | $-46.9M | ||
| Q1 24 | $6.7M | $56.2M |
毛利率CSGPWSC
| Q4 25 | 78.6% | 50.4% | ||
| Q3 25 | 79.3% | 49.7% | ||
| Q2 25 | 78.5% | 50.3% | ||
| Q1 25 | 79.1% | 53.7% | ||
| Q4 24 | 80.1% | 55.8% | ||
| Q3 24 | 79.7% | 53.5% | ||
| Q2 24 | 80.0% | 54.1% | ||
| Q1 24 | 78.5% | 54.0% |
营业利润率CSGPWSC
| Q4 25 | 5.5% | -32.5% | ||
| Q3 25 | -6.1% | 21.0% | ||
| Q2 25 | -3.5% | 21.5% | ||
| Q1 25 | -5.8% | 21.3% | ||
| Q4 24 | 5.6% | 28.9% | ||
| Q3 24 | 3.4% | -5.9% | ||
| Q2 24 | -2.4% | -0.9% | ||
| Q1 24 | -6.5% | 22.1% |
净利率CSGPWSC
| Q4 25 | 5.2% | -33.1% | ||
| Q3 25 | -3.7% | 7.6% | ||
| Q2 25 | 0.8% | 8.1% | ||
| Q1 25 | -2.0% | 7.7% | ||
| Q4 24 | 8.4% | 14.8% | ||
| Q3 24 | 7.7% | -11.7% | ||
| Q2 24 | 2.8% | -7.7% | ||
| Q1 24 | 1.0% | 9.6% |
每股收益（稀释后）CSGPWSC
| Q4 25 | $0.12 | $-1.02 | ||
| Q3 25 | $-0.07 | $0.24 | ||
| Q2 25 | $0.01 | $0.26 | ||
| Q1 25 | $-0.04 | $0.23 | ||
| Q4 24 | $0.14 | $0.48 | ||
| Q3 24 | $0.13 | $-0.37 | ||
| Q2 24 | $0.05 | $-0.25 | ||
| Q1 24 | $0.02 | $0.29 |
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 | $14.6M |
| 总债务越低越好 | $140.0M | $3.6B |
| 股东权益账面价值 | $8.3B | $856.3M |
| 总资产 | $10.5B | $5.8B |
| 负债/权益比越低杠杆越低 | 0.02× | 4.15× |
8季度趋势，按日历期对齐
现金及短期投资CSGPWSC
| Q4 25 | $1.6B | $14.6M | ||
| Q3 25 | $1.9B | $14.8M | ||
| Q2 25 | $3.6B | $12.8M | ||
| Q1 25 | $3.7B | $10.7M | ||
| Q4 24 | $4.7B | $9.0M | ||
| Q3 24 | — | $11.0M | ||
| Q2 24 | — | $5.9M | ||
| Q1 24 | — | $13.1M |
总债务CSGPWSC
| Q4 25 | $140.0M | $3.6B | ||
| Q3 25 | $1.0B | $3.6B | ||
| Q2 25 | $1.0B | $3.7B | ||
| Q1 25 | $1.0B | $3.6B | ||
| Q4 24 | $1.0B | $3.7B | ||
| Q3 24 | $1.0B | $3.6B | ||
| Q2 24 | $1.0B | $3.5B | ||
| Q1 24 | $1.0B | $3.5B |
股东权益CSGPWSC
| Q4 25 | $8.3B | $856.3M | ||
| Q3 25 | $8.6B | $1.1B | ||
| Q2 25 | $8.6B | $1.0B | ||
| Q1 25 | $8.6B | $1.0B | ||
| Q4 24 | $7.6B | $1.0B | ||
| Q3 24 | $7.5B | $1.1B | ||
| Q2 24 | $7.4B | $1.2B | ||
| Q1 24 | $7.3B | $1.3B |
总资产CSGPWSC
| Q4 25 | $10.5B | $5.8B | ||
| Q3 25 | $10.8B | $6.1B | ||
| Q2 25 | $10.5B | $6.1B | ||
| Q1 25 | $10.4B | $6.0B | ||
| Q4 24 | $9.3B | $6.0B | ||
| Q3 24 | $9.1B | $6.0B | ||
| Q2 24 | $9.1B | $6.0B | ||
| Q1 24 | $9.0B | $6.2B |
负债/权益比CSGPWSC
| Q4 25 | 0.02× | 4.15× | ||
| Q3 25 | 0.12× | 3.39× | ||
| Q2 25 | 0.12× | 3.55× | ||
| Q1 25 | 0.12× | 3.56× | ||
| Q4 24 | 0.13× | 3.62× | ||
| Q3 24 | 0.13× | 3.42× | ||
| Q2 24 | 0.14× | 2.88× | ||
| Q1 24 | 0.14× | 2.63× |
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 | $158.9M |
| 自由现金流经营现金流 - 资本支出 | $101.3M | $149.7M |
| 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% | 1.6% |
| 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 | $737.7M |
8季度趋势，按日历期对齐
经营现金流CSGPWSC
| Q4 25 | $162.1M | $158.9M | ||
| Q3 25 | $68.2M | $191.2M | ||
| Q2 25 | $146.5M | $205.3M | ||
| Q1 25 | $53.2M | $206.6M | ||
| Q4 24 | $94.6M | $178.9M | ||
| Q3 24 | $100.3M | $-1.6M | ||
| Q2 24 | $58.1M | $175.6M | ||
| Q1 24 | $139.6M | $208.7M |
自由现金流CSGPWSC
| Q4 25 | $101.3M | $149.7M | ||
| Q3 25 | $-5.5M | $186.9M | ||
| Q2 25 | $27.7M | $199.0M | ||
| Q1 25 | $-500.0K | $202.0M | ||
| Q4 24 | $25.2M | $176.6M | ||
| Q3 24 | $40.2M | $-4.9M | ||
| Q2 24 | $-14.7M | $169.4M | ||
| Q1 24 | $-237.1M | $202.1M |
自由现金流率CSGPWSC
| Q4 25 | 11.3% | 26.5% | ||
| Q3 25 | -0.7% | 33.0% | ||
| Q2 25 | 3.5% | 33.8% | ||
| Q1 25 | -0.1% | 36.1% | ||
| Q4 24 | 3.6% | 29.3% | ||
| Q3 24 | 5.8% | -0.8% | ||
| Q2 24 | -2.2% | 28.0% | ||
| Q1 24 | -36.1% | 34.4% |
资本支出强度CSGPWSC
| Q4 25 | 6.8% | 1.6% | ||
| Q3 25 | 8.8% | 0.7% | ||
| Q2 25 | 15.2% | 1.1% | ||
| Q1 25 | 7.3% | 0.8% | ||
| Q4 24 | 9.8% | 0.4% | ||
| Q3 24 | 8.7% | 0.6% | ||
| Q2 24 | 10.7% | 1.0% | ||
| Q1 24 | 57.4% | 1.1% |
现金转化率CSGPWSC
| Q4 25 | 3.49× | — | ||
| Q3 25 | — | 4.41× | ||
| Q2 25 | 23.63× | 4.28× | ||
| Q1 25 | — | 4.80× | ||
| Q4 24 | 1.58× | 2.01× | ||
| Q3 24 | 1.89× | — | ||
| Q2 24 | 3.03× | — | ||
| Q1 24 | 20.84× | 3.71× |
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% |
WSC
| Modular Space Leasing | $249.8M | 44% |
| Value Added Product And Services | $101.0M | 18% |
| Portable Storage Leasing | $83.0M | 15% |
| Delivery Revenue | $48.2M | 9% |
| Installation Revenue | $45.0M | 8% |
| Rental Units | $19.7M | 3% |
| New Units | $15.5M | 3% |
| Value Added Services | $10.3M | 2% |
| Other Leasing Related Products And Services | $3.8M | 1% |
