CoStar Group

Real Estate Real Estate Services Washington, D.C. Last filing Feb 26, 2026 · FY2025

                    Revenue
                    FY2025
                
$3.2B
                    3y CAGR +14.2%
                    
                    P83
                    
                    +18.7%
                    
                    Net income
                    FY2025
                
$7.0M
                    Net margin +0.2%
                    
                    P7
                    
                    -95.0%
                    
                    Total assets
                    FY2025
                
$10.5B
                    ROA +0.1%
                    
                    P6
                    
                    +13.8%
                    
                    Operating cash flow
                    FY2025
                
$430.0M
                    FCF margin +3.8%
                    
                    P13
                    
                    +9.4%

17 yrs · FY2009–FY2025 9 filed · 0 derived · 0 blank

1Y 3Y 5Y 10Y

Dollars % of revenue % of assets YoY % CAGR

Each cell as a share of that year’s total assets.

Balance Sheet

Assets, liabilities, and equity

32 accounts · 10 years

Total assets $10.5B

Total liabilities $2.2B

Shareholders equity $8.3B

Account	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
Assets
Cash and Cash Equivalents	15.5%	50.8%	58.3%	59.5%	52.7%	53.4%	27.8%	33.2%	42.2%	26.0%
Short Term Investments	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.3%	0.3%	0.0%	0.0%
Accounts Receivable	2.2%	2.0%	2.1%	1.8%	1.7%	1.5%	2.4%	2.7%	2.1%	2.2%
Prepaid Expenses	1.3%	0.9%	0.8%	0.8%	0.5%	0.4%	0.9%	0.7%	0.5%	0.5%
Other Current Assets	1.3%	0.9%	0.8%	0.8%	0.5%	0.4%	0.9%	0.7%	0.5%	0.5%
Total Current Assets	20.1%	53.5%	61.4%	61.7%	55.0%	56.2%	31.1%	36.6%	44.8%	28.7%
Property,Plant and Equipment	12.6%	11.0%	5.3%	3.8%	3.7%	1.8%	2.8%	2.5%	2.9%	4.0%
Operating Lease Assets	1.2%	1.1%	0.9%	1.0%	1.4%	1.6%	3.0%	—	—	—
Goodwill	46.9%	27.3%	26.8%	27.5%	32.0%	32.3%	48.8%	48.6%	44.7%	57.4%
Intangible Assets	16.8%	4.7%	3.5%	3.9%	6.0%	6.2%	10.9%	8.7%	6.4%	9.0%
Deferred Tax Assets	0.4%	0.3%	0.0%	0.1%	0.1%	0.1%	0.1%	0.2%	0.2%	2.9%
Other Noncurrent Assets	0.0%	0.0%	0.0%	0.0%	0.2%	0.2%	0.4%	0.4%	0.5%	0.0%
Total Assets	100.0%	100.0%	100.0%	100.0%	100.0%	100.0%	100.0%	100.0%	100.0%	100.0%
Liabilities
Accounts Payable	0.4%	0.5%	0.3%	0.3%	0.3%	0.2%	0.2%	0.2%	0.3%	0.5%
Accrued Liabilities	1.4%	1.4%	1.3%	1.1%	1.1%	1.6%	1.0%	0.9%	0.8%	1.4%
Deferred Revenue	1.9%	1.5%	1.2%	1.2%	1.3%	1.1%	1.7%	1.6%	1.6%	1.8%
Operating Lease Liabilities	0.2%	0.3%	0.4%	0.4%	0.4%	0.5%	0.8%	—	—	—
Other Current Liabilities	0.2%	—	—	—	—	—	—	—	—	—
Total Current Liabilities	7.1%	6.0%	5.1%	4.4%	4.7%	4.8%	5.4%	4.7%	5.1%	7.1%
Long Term Debt	9.4%	10.7%	11.1%	11.8%	13.6%	14.3%	0.1%	0.1%	0.1%	14.0%
Deferred Revenue Noncurrent	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	—	—	1.6%	1.8%
Operating Lease Liabilities Noncurrent	1.1%	1.0%	0.7%	0.9%	1.4%	1.5%	3.1%	—	—	—
Deferred Tax Liabilities	2.3%	0.1%	0.4%	0.9%	1.4%	1.1%	2.3%	2.1%	0.4%	3.4%
Other Noncurrent Liabilities	0.3%	0.3%	0.2%	0.2%	0.2%	0.4%	0.5%	0.5%	0.5%	0.0%
Total Liabilities	20.6%	18.4%	17.7%	18.2%	21.3%	22.3%	11.6%	8.8%	7.7%	24.3%
Equity
Preferred Stock	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%
Common Stock	0.0%	0.0%	0.0%	0.0%	0.1%	0.0%	0.0%	0.0%	0.0%	0.0%
Additional Paid In Capital	1.8%	56.5%	57.7%	60.3%	58.6%	60.9%	64.2%	73.0%	81.4%	67.3%
Treasury Stock	4.7%	—	—	—	—	—	—	—	—	—
Accumulated Other Comprehensive Income	0.0%	-0.3%	-0.2%	-0.3%	-0.1%	-0.0%	-0.2%	-0.4%	-0.3%	-0.6%
Total Stockholders Equity	79.1%	81.6%	82.3%	81.8%	78.7%	77.7%	88.4%	91.2%	92.3%	75.7%
Total Liabilitiesand Equity	100.0%	100.0%	100.0%	100.0%	100.0%	100.0%	100.0%	100.0%	100.0%	100.0%

Income Statement

Revenue, expense, and profitability

19 accounts · 10 years

Revenue $3.2B

Operating income $-72.0M

Net income $7.0M

Account	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
IncomeStatement
Revenues Total Revenue	30.8%	29.6%	27.5%	26.0%	26.8%	24.0%	36.3%	36.0%	33.6%	38.3%
Expenses Cost of Revenue	6.5%	6.0%	5.5%	4.9%	4.9%	4.5%	7.5%	8.1%	7.7%	8.0%
Expenses Selling,General and Administrative	5.2%	4.7%	4.3%	4.0%	3.5%	4.3%	4.6%	4.7%	5.1%	5.6%
Expenses Depreciation and Amortization	2.5%	1.6%	1.2%	1.6%	1.9%	1.7%	2.1%	2.3%	2.2%	3.2%
Expenses Share Based Compensation	1.8%	1.0%	1.0%	0.9%	0.9%	0.8%	1.4%	1.2%	1.4%	1.7%
Expenses Operating Expenses	25.0%	23.5%	18.9%	15.7%	15.9%	15.3%	19.4%	19.6%	19.9%	23.7%
Other Income Expense Gross Profit	24.3%	23.5%	22.0%	21.0%	21.9%	19.5%	28.8%	27.8%	25.9%	30.4%
Other Income Expense Operating Income	-0.7%	0.1%	3.2%	5.4%	6.0%	4.2%	9.4%	8.3%	6.0%	6.6%
Other Income Expense Interest Income	1.0%	2.3%	2.4%	0.4%	-0.4%	-0.3%	0.4%	—	—	—
Other Income Expense Interest Expense	0.3%	0.3%	0.3%	0.3%	0.4%	0.3%	0.1%	0.1%	0.3%	0.5%
Other Income Expense Other Income/expense	-0.1%	-0.1%	0.1%	0.0%	0.0%	-0.0%	0.3%	0.4%	0.1%	0.1%
Other Income Expense Income Before Tax	0.3%	2.3%	5.6%	5.8%	5.6%	3.9%	10.1%	8.6%	5.7%	6.3%
Income Tax Income Tax Expense	0.2%	0.8%	1.4%	1.4%	1.5%	0.6%	2.0%	1.4%	1.5%	2.4%
net Income net Income	0.1%	1.5%	4.2%	4.4%	4.0%	3.3%	8.2%	7.2%	4.3%	3.9%
net Income Comprehensive Income	1.1%	1.4%	4.3%	4.1%	4.0%	3.4%	8.3%	7.1%	4.4%	3.6%
Earnings Per Share Basic Eps	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%
Earnings Per Share Diluted Eps	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%
Earnings Per Share Weighted Average Shares Basic	4.0%	4.4%	4.5%	4.7%	5.4%	5.5%	9.4%	1.1%	1.2%	1.5%
Earnings Per Share Weighted Average Shares Diluted	4.0%	4.4%	4.6%	4.7%	5.4%	5.5%	9.5%	1.1%	1.2%	1.5%

Cash Flow Statement

Operating, investing, and financing flows

20 accounts · 10 years

Operating cash flow $430.0M

Investing cash flow $-2.8B

Financing cash flow $-559.0M

Account	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
CashFlow
Operating Activities net Income	0.1%	1.5%	4.2%	4.4%	4.0%	3.3%	8.2%	7.2%	4.3%	3.9%
Operating Activities Depreciation and Amortization	2.5%	1.6%	1.2%	1.6%	1.9%	1.7%	2.1%	2.3%	2.2%	3.2%
Operating Activities Stock Based Compensation	1.8%	1.0%	1.0%	0.9%	0.9%	0.8%	1.4%	1.2%	1.4%	1.7%
Operating Activities Deferred Income Taxes	0.3%	-0.5%	-0.4%	-0.4%	0.3%	-0.2%	0.2%	0.1%	-0.1%	0.7%
Operating Activities Changes In Operating Assets and Liabilities	0.7%	0.5%	0.9%	0.8%	0.9%	0.5%	0.7%	1.1%	1.2%	0.7%
Operating Activities Other Non Cash Items	-0.0%	0.0%	-0.0%	-0.0%	-0.0%	0.0%	0.0%	0.0%	—	—
Operating Activities net Cash From Operating Activities	4.1%	4.2%	5.5%	5.7%	6.5%	7.0%	11.9%	10.1%	8.2%	9.2%
Investing Activities Capital Expenditures	2.9%	6.3%	1.3%	0.4%	1.7%	0.0%	0.0%	—	—	—
Investing Activities Business Acquisitions	22.3%	3.0%	1.1%	0.1%	2.7%	6.2%	11.4%	12.6%	1.7%	0.5%
Investing Activities Purchases of Investments	2.7%	0.0%	—	—	—	—	—	—	—	—
Investing Activities net Cash From Investing Activities	-26.7%	-9.9%	-2.7%	-0.8%	-5.3%	-6.7%	-12.6%	-13.5%	-2.5%	-1.1%
Financing Activities Repayment of Debt	0.0%	0.0%	0.0%	0.0%	0.0%	10.8%	0.0%	0.0%	12.0%	0.9%
Financing Activities Repurchase of Common Stock	4.7%	0.0%	0.0%	—	—	—	—	—	—	—
Financing Activities Tax Withholding On Stock Based Compensation	0.7%	0.3%	0.3%	0.3%	0.5%	0.6%	0.7%	0.7%	0.5%	0.8%
Financing Activities Other Financing Activities	-0.1%	-0.1%	-0.0%	0.0%	-0.0%	-0.0%	-0.0%	0.0%	0.0%	—
Financing Activities net Cash From Financing Activities	-5.3%	-0.2%	-0.0%	8.7%	-0.2%	38.5%	-0.1%	0.1%	16.7%	-1.4%
Cash Reconciliation Effect of Exchange Rate On Cash	-0.0%	-0.0%	0.0%	-0.0%	-0.0%	0.0%	0.0%	-0.0%	0.0%	-0.1%
Cash Reconciliation net Change In Cash	-28.0%	-5.8%	2.8%	13.6%	1.0%	38.8%	-0.8%	-3.4%	22.4%	6.7%
Cash Reconciliation Cash At Beginning of Period	16.4%	50.6%	58.5%	59.1%	52.7%	54.3%	27.8%	33.2%	42.2%	26.0%
Cash Reconciliation Cash At End of Period	16.4%	50.6%	58.5%	59.1%	52.7%	54.3%	27.8%	33.2%	42.2%	26.0%

Key Ratios

Margins, returns, liquidity, leverage, efficiency

Computed at import · 10 years

Ratio	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
Profitability
Gross margin	+78.9%	+79.6%	+80.0%	+81.0%	+81.6%	+81.4%	+79.3%	+77.4%	+77.2%	+79.2%
Operating margin	-2.2%	+0.2%	+11.5%	+20.7%	+22.2%	+17.4%	+26.0%	+23.0%	+18.0%	+17.3%
Net margin	+0.2%	+5.1%	+15.3%	+16.9%	+15.1%	+13.7%	+22.5%	+20.0%	+12.7%	+10.2%
FCF margin	+3.8%	-6.8%	+15.2%	+20.3%	+17.8%	+29.3%	+32.7%	—	—	—
Growth
Revenue CAGR (3y)	+14.2%	+12.1%	+14.0%	+16.0%	+17.7%	+19.8%	+18.7%	+18.7%	+18.8%	+23.8%
Returns
ROE	+0.1%	+1.8%	+5.1%	+5.4%	+5.1%	+4.2%	+9.2%	+7.9%	+4.6%	+5.1%
ROA	+0.1%	+1.5%	+4.2%	+4.4%	+4.0%	+3.3%	+8.2%	+7.2%	+4.3%	+3.9%
ROIC	-0.2%	+0.1%	+6.7%	+12.0%	+10.9%	+9.1%	+12.5%	+11.9%	+8.9%	+6.3%
Liquidity
Current ratio	2.84x	8.96x	12.01x	13.92x	11.78x	11.75x	5.79x	7.87x	8.78x	4.05x
Quick ratio	2.50x	8.85x	11.83x	13.83x	11.67x	11.48x	5.62x	7.72x	8.68x	3.97x
Leverage
D/E	0.26x	0.23x	0.22x	0.22x	0.27x	0.29x	0.13x	0.10x	0.08x	0.32x
Interest coverage	-2.57x	0.18x	10.07x	16.11x	13.38x	13.27x	139.02x	96.67x	19.28x	14.47x
Efficiency
Asset turnover	0.31x	0.30x	0.28x	0.26x	0.27x	0.24x	0.36x	0.36x	0.34x	0.38x
Cash conversion cycle	+7d	-6d	+11d	+1d	+1d	+4d	+14d	+19d	+8d	-3d

Valuation

Price against fundamentals

FY2025 fundamentals · no price

No price data cached, so there is nothing to multiply. Load prices from the Stock Data tab and this panel reprices itself.

Notes

Your annotations

Not watched

CoStar Group

Assets, liabilities, and equity

Revenue, expense, and profitability

Operating, investing, and financing flows

Margins, returns, liquidity, leverage, efficiency

Price against fundamentals

Your annotations

One-year price and volume history

Price data unavailable

Assets, liabilities, and equity

Revenue, expense, and profitability

Operating, investing, and financing flows

Margins, returns, liquidity, leverage, efficiency

Price against fundamentals

Your annotations

One-year price and volume history

Price data unavailable

Recent price history