CSGPNasdaqServices-Business Services, NECFiscal year ends December 31
COSTAR GROUP, INC.
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Jul 29, 2026
$31.81−0.50 (-1.55%)
Close on Oct 19, 2026
- Market cap
- $12.86B
- P/E (TTM)
- 167.4
- Dividend yield
- –
Margins
Share of revenue, fiscal years 2011 to 2025
Gross margin
78.9%−2.5 pts over 5 years
Operating margin
-2.2%−19.6 pts over 5 years
Net margin
0.2%−13.5 pts over 5 years
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | +18.7% | +14.2% | +14.4% | +16.4% | |
| Gross profit | +17.6% | +13.1% | +13.7% | +17.2% | |
| Net income | -95.0% | -73.3% | -50.1% | – | |
| EPS, diluted | -94.1% | -72.2% | -49.2% | – | |
| Free cash flow | – | -34.8% | -24.0% | +1.6% |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2016 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | 5.3% | 5.2% | 0.1% | |
| Return on assets | 4.0% | 4.2% | 0.1% | |
| Current ratio | 4.05 | 11.75 | 2.84 | |
| Debt to equity | 0.20 | 0.18 | 0.12 | |
| Net debt to EBITDA | -1.06× | -6.82× | -3.35× | |
| Interest coverage | 14.5× | 13.3× | -3.8× | |
| Capex to revenue | 2.2% | 0.0% | 9.5% | |
| Diluted shares | 324M | 383M | 421M |
Where the cash went
Fiscal 2021 to 2025, five years combined
Costar generated $2.26B from operations and spent $1.66B on capital expenditure, dividends and share buybacks. 70% of that went back into the business.
Generated
$2.26B
Used
$1.66B
Capital expenditure$1.16B70%Dividends$00%Share buybacks$500.00M30%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin0.2%
×Asset turnover0.33×
×Equity multiplier1.25×
=Return on equity, FY20250.1%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | 0.2% | 0.33× | 1.25× | 0.1% |
| FY2024 | 5.1% | 0.30× | 1.22× | 1.9% |
| FY2023 | 15.3% | 0.28× | 1.22× | 5.3% |
| FY2022 | 16.9% | 0.28× | 1.24× | 5.9% |
| FY2021 | 15.1% | 0.27× | 1.28× | 5.3% |
| FY2020 | 13.7% | 0.31× | 1.23× | 5.2% |
| FY2019 | 22.5% | 0.39× | 1.12× | 9.8% |
| FY2018 | 20.0% | 0.39× | 1.09× | 8.4% |
| FY2017 | 12.7% | 0.38× | 1.17× | 5.7% |
| FY2016 | 10.2% | 0.39× | 1.33× | 5.3% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
5of 9 tests passed in fiscal 2025. Scores of 7 to 9 are usually read as strong.
- ProfitableNet income above zero$7.00M
- Cash generatingOperating cash flow above zero$430.00M
- Return on assets improvedROA up on the prior year1.6% → 0.1%
- Earnings backed by cashOperating cash flow above net income$430.00M vs $7.00M
- Less leverageLong-term debt to assets fell10.7% → 9.4%
- Better liquidityCurrent ratio rose8.97 → 2.84
- No dilutionShare count did not rise408M → 421M
- Gross margin improvedGross margin up on the prior year79.61% → 78.87%
- More efficientAsset turnover rose0.31 → 0.35