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CoStar Group（CSGP）与沃茨水工业（WTS）财务数据对比。点击上方公司名可切换其他公司
CoStar Group的季度营收约是沃茨水工业的1.4倍（$899.9M vs $625.1M），沃茨水工业净利率更高（13.4% vs 5.2%，领先8.2%），CoStar Group同比增速更快（26.9% vs 15.7%），沃茨水工业自由现金流更多（$140.3M vs $101.3M），过去两年CoStar Group的营收复合增速更高（17.1% vs 4.6%）
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。
沃茨水工业旗下AERCO是暖通管道领域的商用冷凝锅炉、高效热水设备及能量回收系统供应商，服务覆盖教育、住宿、政府、办公楼、医疗、工业、多户型住宅等多元市场，1949年推出行业首款半即热式无罐蒸汽热水器，1988年推出首款冷凝全调制设备。
CSGP vs WTS — 直观对比
营收规模更大
CSGP
是对方的1.4倍
$625.1M
营收增速更快
CSGP
高出11.2%
15.7%
净利率更高
WTS
高出8.2%
5.2%
自由现金流更多
WTS
多$39.0M
$101.3M
两年增速更快
CSGP
近两年复合增速
4.6%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $899.9M | $625.1M |
| 净利润 | $46.5M | $83.7M |
| 毛利率 | 78.6% | 49.5% |
| 营业利润率 | 5.5% | 18.2% |
| 净利率 | 5.2% | 13.4% |
| 营收同比 | 26.9% | 15.7% |
| 净利润同比 | -22.2% | 24.0% |
| 每股收益（稀释后） | $0.12 | $2.50 |
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CSGPWTS
| Q4 25 | $899.9M | $625.1M | ||
| Q3 25 | $833.6M | $611.7M | ||
| Q2 25 | $781.3M | $643.7M | ||
| Q1 25 | $732.2M | $558.0M | ||
| Q4 24 | $709.4M | $540.4M | ||
| Q3 24 | $692.6M | $543.6M | ||
| Q2 24 | $677.8M | $597.3M | ||
| Q1 24 | $656.4M | $570.9M |
净利润CSGPWTS
| Q4 25 | $46.5M | $83.7M | ||
| Q3 25 | $-30.9M | $82.2M | ||
| Q2 25 | $6.2M | $100.9M | ||
| Q1 25 | $-14.8M | $74.0M | ||
| Q4 24 | $59.8M | $67.5M | ||
| Q3 24 | $53.0M | $69.1M | ||
| Q2 24 | $19.2M | $82.0M | ||
| Q1 24 | $6.7M | $72.6M |
毛利率CSGPWTS
| Q4 25 | 78.6% | 49.5% | ||
| Q3 25 | 79.3% | 48.8% | ||
| Q2 25 | 78.5% | 50.6% | ||
| Q1 25 | 79.1% | 48.8% | ||
| Q4 24 | 80.1% | 46.7% | ||
| Q3 24 | 79.7% | 47.3% | ||
| Q2 24 | 80.0% | 47.7% | ||
| Q1 24 | 78.5% | 46.9% |
营业利润率CSGPWTS
| Q4 25 | 5.5% | 18.2% | ||
| Q3 25 | -6.1% | 18.2% | ||
| Q2 25 | -3.5% | 21.0% | ||
| Q1 25 | -5.8% | 15.7% | ||
| Q4 24 | 5.6% | 16.5% | ||
| Q3 24 | 3.4% | 17.1% | ||
| Q2 24 | -2.4% | 18.7% | ||
| Q1 24 | -6.5% | 16.9% |
净利率CSGPWTS
| Q4 25 | 5.2% | 13.4% | ||
| Q3 25 | -3.7% | 13.4% | ||
| Q2 25 | 0.8% | 15.7% | ||
| Q1 25 | -2.0% | 13.3% | ||
| Q4 24 | 8.4% | 12.5% | ||
| Q3 24 | 7.7% | 12.7% | ||
| Q2 24 | 2.8% | 13.7% | ||
| Q1 24 | 1.0% | 12.7% |
每股收益（稀释后）CSGPWTS
| Q4 25 | $0.12 | $2.50 | ||
| Q3 25 | $-0.07 | $2.45 | ||
| Q2 25 | $0.01 | $3.01 | ||
| Q1 25 | $-0.04 | $2.21 | ||
| Q4 24 | $0.14 | $2.02 | ||
| Q3 24 | $0.13 | $2.06 | ||
| Q2 24 | $0.05 | $2.44 | ||
| Q1 24 | $0.02 | $2.17 |
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 | $405.5M |
| 总债务越低越好 | $140.0M | — |
| 股东权益账面价值 | $8.3B | $2.0B |
| 总资产 | $10.5B | $2.9B |
| 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CSGPWTS
| Q4 25 | $1.6B | $405.5M | ||
| Q3 25 | $1.9B | $457.7M | ||
| Q2 25 | $3.6B | $369.3M | ||
| Q1 25 | $3.7B | $336.8M | ||
| Q4 24 | $4.7B | $386.9M | ||
| Q3 24 | — | $303.9M | ||
| Q2 24 | — | $279.4M | ||
| Q1 24 | — | $237.1M |
总债务CSGPWTS
| 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CSGPWTS
| Q4 25 | $8.3B | $2.0B | ||
| Q3 25 | $8.6B | $2.0B | ||
| Q2 25 | $8.6B | $1.9B | ||
| Q1 25 | $8.6B | $1.8B | ||
| Q4 24 | $7.6B | $1.7B | ||
| Q3 24 | $7.5B | $1.7B | ||
| Q2 24 | $7.4B | $1.6B | ||
| Q1 24 | $7.3B | $1.6B |
总资产CSGPWTS
| Q4 25 | $10.5B | $2.9B | ||
| Q3 25 | $10.8B | $2.7B | ||
| Q2 25 | $10.5B | $2.6B | ||
| Q1 25 | $10.4B | $2.5B | ||
| Q4 24 | $9.3B | $2.4B | ||
| Q3 24 | $9.1B | $2.4B | ||
| Q2 24 | $9.1B | $2.4B | ||
| Q1 24 | $9.0B | $2.3B |
负债/权益比CSGPWTS
| 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 | $154.7M |
| 自由现金流经营现金流 - 资本支出 | $101.3M | $140.3M |
| 自由现金流率自由现金流/营收 | 11.3% | 22.4% |
| 资本支出强度资本支出/营收 | 6.8% | 2.3% |
| 现金转化率经营现金流/净利润 | 3.49× | 1.85× |
| 过去12个月自由现金流最近4个季度 | $123.0M | $356.3M |
8季度趋势，按日历期对齐
经营现金流CSGPWTS
| Q4 25 | $162.1M | $154.7M | ||
| Q3 25 | $68.2M | $122.4M | ||
| Q2 25 | $146.5M | $69.7M | ||
| Q1 25 | $53.2M | $55.2M | ||
| Q4 24 | $94.6M | $139.5M | ||
| Q3 24 | $100.3M | $90.7M | ||
| Q2 24 | $58.1M | $85.3M | ||
| Q1 24 | $139.6M | $45.6M |
自由现金流CSGPWTS
| Q4 25 | $101.3M | $140.3M | ||
| Q3 25 | $-5.5M | $110.9M | ||
| Q2 25 | $27.7M | $59.5M | ||
| Q1 25 | $-500.0K | $45.6M | ||
| Q4 24 | $25.2M | $127.5M | ||
| Q3 24 | $40.2M | $84.3M | ||
| Q2 24 | $-14.7M | $78.5M | ||
| Q1 24 | $-237.1M | $35.5M |
自由现金流率CSGPWTS
| Q4 25 | 11.3% | 22.4% | ||
| Q3 25 | -0.7% | 18.1% | ||
| Q2 25 | 3.5% | 9.2% | ||
| Q1 25 | -0.1% | 8.2% | ||
| Q4 24 | 3.6% | 23.6% | ||
| Q3 24 | 5.8% | 15.5% | ||
| Q2 24 | -2.2% | 13.1% | ||
| Q1 24 | -36.1% | 6.2% |
资本支出强度CSGPWTS
| Q4 25 | 6.8% | 2.3% | ||
| Q3 25 | 8.8% | 1.9% | ||
| Q2 25 | 15.2% | 1.6% | ||
| Q1 25 | 7.3% | 1.7% | ||
| Q4 24 | 9.8% | 2.2% | ||
| Q3 24 | 8.7% | 1.2% | ||
| Q2 24 | 10.7% | 1.1% | ||
| Q1 24 | 57.4% | 1.8% |
现金转化率CSGPWTS
| Q4 25 | 3.49× | 1.85× | ||
| Q3 25 | — | 1.49× | ||
| Q2 25 | 23.63× | 0.69× | ||
| Q1 25 | — | 0.75× | ||
| Q4 24 | 1.58× | 2.07× | ||
| Q3 24 | 1.89× | 1.31× | ||
| Q2 24 | 3.03× | 1.04× | ||
| Q1 24 | 20.84× | 0.63× |
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% |
WTS
暂无分部数据
