COSTAR GROUP, INC.

10-K & 10-Q Filings

CoStar Group, founded in 1987, is a leading provider of online real estate marketplaces, information, and analytics in the U.S. and U.K. The company operates the most comprehensive, timely, and standardized information platform on real estate, serving a large and diverse base of clients in the commercial and residential real estate industry. CoStar's database includes the most comprehensive proprietary database of commercial real estate information, a large research department, and a broad suite of web-based information, analytics, and online marketplace services. The company delivers its services primarily through an integrated solution of online offerings, including information about space available for lease, comparable sales, tenant information, internet marketing services, risk management tools, analytical capabilities, and industry news. CoStar's primary brands include CoStar, LoopNet, Apartments.com, Homes.com, OnTheMarket, Ten-X, and STR. The company operates in two operating segments: North America and International. CoStar's website is accessible via the internet and through mobile applications. The company's ticker symbol is CSGP.

12 mos ending Dec 31, 201112 mos ending Dec 31, 201212 mos ending Dec 31, 201312 mos ending Dec 31, 201412 mos ending Dec 31, 201512 mos ending Dec 31, 201612 mos ending Dec 31, 201712 mos ending Dec 31, 201812 mos ending Dec 31, 201912 mos ending Dec 31, 202012 mos ending Dec 31, 202112 mos ending Dec 31, 202212 mos ending Dec 31, 20233 mos ending Mar 31, 20233 mos ending Mar 31, 2024CAGR %YoY %Revenue (+)
$251.74
349.94
440.94
575.94
711.76
837.63
965.23
1191.83
1399.72
1659.02
1944.13
2182.40
2455.00
584.37
656.40
20.90%12.33%Cost of Revenue (-)
$88.17
114.87
129.19
156.98
188.88
173.81
220.40
269.93
289.24
308.97
357.24
414.01
491.50
119.20
141.20
15.39%18.46%Gross Profit (+)
$163.57
235.07
311.76
418.96
522.88
663.82
744.83
921.90
1110.48
1350.05
1586.89
1768.39
1963.50
465.17
515.20
23.01%10.76%Selling, General & Administrative (-)
$119.53
161.27
195.66
254.22
417.73
419.78
464.49
516.52
587.34
835.48
878.72
1022.96
1371.40
315.74
464.60
22.55%47.15%Research & Development (-)
$20.04
32.76
46.76
55.43
65.76
76.40
88.85
100.94
125.60
162.92
201.02
220.92
267.60
66.59
82.40
24.11%23.74%Depreciation & Amortization (-)
$2.24
13.61
15.18
28.43
27.93
22.73
17.67
30.88
33.99
62.46
74.82
73.56
42.20
10.62
11.00
27.73%3.61%Operating Expenses (-)
$141.80
207.63
257.60
338.08
511.42
518.91
571.01
648.34
746.93
1060.85
1154.56
1317.44
1681.20
392.95
558.00
22.88%42.00%Costs & Expenses (Total) (-)
$229.97
322.50
386.79
495.06
700.31
692.73
791.41
918.27
1036.17
1369.82
1511.80
1731.45
2172.70
512.14
699.20
20.58%36.52%Operating Income/Loss (+)
$21.77
27.44
54.15
80.88
11.46
144.91
173.82
273.56
363.55
289.20
432.34
450.95
282.30
72.22
-42.80
23.80%-159.26%Non-operating Income/Expense (+)
$0.80
0.53
0.33
0.52
0.54
1.77
0.26
13.28
30.02
3.25
3.38
5.40
0.58
-1.90
17.27%-427.02%Interest Expense (-)
$
4.83
6.94
10.48
9.41
10.02
9.01
2.83
2.62
31.62
-32.13
-213.60
-43.55
-56.20
-29.05%Earnings before Tax (+)
$22.57
23.13
47.54
70.91
2.58
136.66
165.06
284.01
390.95
270.98
403.97
486.46
501.30
116.35
11.50
29.48%-90.12%Tax Expense (-)
$7.91
13.22
17.80
26.04
6.05
51.59
42.36
45.68
75.99
43.85
111.40
117.00
126.60
29.22
4.80
25.99%-83.57%Income/Loss (Continuing Operations) (+)
$14.66
9.92
29.73
44.87
-3.47
85.07
122.69
238.33
314.96
227.13
292.56
369.45
374.70
87.13
6.70
31.01%-92.31%Net Income/Loss (+)
$14.66
9.91
29.73
44.87
-3.46
85.07
122.69
238.33
314.96
227.13
292.56
369.45
374.70
87.13
6.70
31.01%-92.31%Net Income/Loss (Common) (+)
$14.66
9.91
29.73
44.87
-3.46
85.07
122.69
238.33
314.96
227.13
292.56
369.45
374.70
87.13
6.70
31.01%-92.31%EPS (Basic)
$0.63
0.37
1.07
1.48
-0.11
2.64
3.70
6.61
8.67
5.97
0.75
0.93
0.92
0.22
0.02
3.21%-90.91%EPS (Diluted)
$0.62
0.37
1.05
1.46
-0.11
2.62
3.66
6.54
8.60
5.93
0.74
0.93
0.92
0.21
0.02
3.34%-90.48%Weighted Avg Shares (Basic)
23.13
26.53
27.67
30.21
31.95
32.17
33.20
36.06
36.31
38.07
392.21
396.28
405.30
404.49
405.60
26.95%0.27%Weighted Avg Shares (Diluted)
23.53
26.95
28.21
30.64
31.95
32.44
33.56
36.45
36.63
38.33
394.16
397.75
406.90
406.16
407.30
26.81%0.28%Cash
$545.28
156.03
255.95
527.01
421.82
567.22
1211.46
1100.42
1070.73
3755.91
3827.13
4967.97
5215.90
5055.65
4951.60
20.71%-2.06%Short-term Investments
$3.52
0.04
Receivables
$16.59
16.39
20.76
38.69
40.28
48.54
60.90
89.19
92.24
103.95
124.82
153.94
190.00
181.76
197.40
22.53%8.61%Prepaid Expenses (Current)
$5.72
9.56
6.60
9.74
10.21
11.60
15.57
23.69
36.19
28.65
36.18
63.95
70.20
60.23
67.20
23.23%11.57%Other Assets (Current)
$12.08
17.55
25.16
24.37
0.43
0.13
Assets (Current)
$583.18
199.56
308.47
599.81
472.73
627.49
1287.93
1213.30
1199.16
3888.51
3988.13
5185.87
5476.10
5297.64
5216.20
20.52%-1.54%Securities & Long-term Investments
$24.58
21.66
21.99
17.15
15.51
9.95
10.07
10.07
10.07
Property, Plant & Equipment (Net)
$37.57
46.31
57.72
73.75
88.31
87.57
84.50
83.30
222.61
235.06
372.11
401.64
552.00
407.01
865.90
25.10%112.75%Goodwill & Intangibles
$112.31
888.71
863.06
1380.43
1491.26
1450.83
1466.35
1900.45
2303.22
2662.74
2756.68
2644.07
2699.90
2630.55
2748.70
30.34%4.49%Other Assets
$13.38
8.90
5.75
12.54
11.76
9.22
24.59
105.84
118.92
129.10
139.96
170.90
191.70
181.71
203.70
24.84%12.10%Assets (Non-current)
$187.85
965.58
948.52
1483.87
1606.84
1557.57
1585.51
2099.66
2654.82
3026.91
3268.75
3216.60
3443.60
3219.28
3818.30
27.43%18.61%Assets (Total)
$771.03
1165.14
1256.98
2083.68
2079.57
2185.06
2873.44
3312.96
3853.99
6915.42
7256.87
8402.47
8919.70
8516.91
9034.50
22.63%6.08%Accounts Payable
$36.44
49.07
50.61
58.76
72.19
80.19
93.72
96.02
110.11
223.35
216.95
233.00
311.60
247.17
217.20
19.58%-12.12%Debt (Current)
$
17.50
24.06
20.00
16.75
31.87
29.67
Other Liabilities (Current)
$25.34
35.07
36.89
40.53
46.35
42.89
52.94
58.14
67.27
107.50
121.74
139.62
144.20
153.86
356.60
15.59%131.78%Liabilities (Current)
$61.78
101.64
111.55
119.29
135.28
154.95
146.67
154.16
207.06
330.85
338.69
372.62
455.80
401.02
573.80
18.12%43.08%Debt (Non-current)
$
153.13
129.06
365.00
338.37
306.47
4.00
133.72
124.22
987.94
989.21
990.50
989.53
990.80
0.13%Other Liabilities
$50.08
84.03
88.50
85.85
62.14
69.43
75.53
132.86
107.62
1084.99
218.57
170.52
134.80
160.75
127.30
8.60%-20.81%Liabilities (Non-current)
$50.08
237.16
217.57
450.85
400.51
375.90
75.53
136.86
241.34
1209.21
1206.51
1159.73
1125.30
1150.28
1118.10
29.61%-2.80%Liabilities (Total)
$111.86
338.80
329.12
570.14
535.79
530.85
222.19
291.01
448.39
1540.06
1545.20
1532.35
1581.10
1551.30
1691.90
24.70%9.06%Retained Earnings
$29.68
39.59
69.32
114.19
110.73
195.80
320.66
613.45
940.47
1167.60
1460.17
1829.62
2204.30
43.19%AOCI
$-8.57
-6.52
-5.53
-6.38
-7.59
-13.04
-9.02
-11.69
-8.59
-0.89
-5.76
-29.07
-17.60
Shareholder's Equity
$659.18
826.34
927.86
1513.55
1543.78
1654.21
2651.25
3021.94
3405.59
5375.36
5711.67
6870.12
7338.60
6965.61
7342.60
22.24%5.41%Liabilities & Equity
$771.03
1165.14
1256.98
2083.68
2079.57
2185.06
2873.44
3312.96
3853.99
6915.42
7256.87
8402.47
8919.70
8516.91
9034.50
22.63%6.08%Net Income/Loss
$14.66
9.91
29.73
44.87
-3.46
85.07
122.69
238.33
314.96
227.13
292.56
369.45
374.70
87.13
6.70
31.01%-92.31%Depreciation & Amortization
$12.85
34.74
43.07
73.68
81.84
73.39
65.95
126.62
135.46
179.12
205.28
216.33
205.10
48.11
61.10
25.96%26.99%Increase/Decrease in Working Capital
$-7.80
-12.99
-23.45
-19.39
-21.50
17.98
-0.29
81.52
86.95
13.89
154.74
205.53
199.90
40.89
-35.50
-186.81%Share-based Compensation
$8.10
12.28
41.55
28.27
34.54
36.35
39.03
41.21
52.26
53.45
63.71
75.21
85.00
20.05
22.80
21.64%13.74%Adjustments to Reconcile Net Income
$11.03
76.21
78.16
99.20
134.02
110.11
111.97
96.60
142.82
258.98
177.17
109.17
114.80
36.09
132.90
21.56%268.30%Net Cash (Operating)
$25.68
86.13
108.30
143.91
131.25
195.94
234.70
335.46
457.78
486.11
469.73
478.62
489.50
123.22
139.60
27.84%13.30%Capital Expenditure
$-15.01
655.76
19.04
611.66
217.40
29.21
72.27
448.00
483.75
474.42
316.74
41.44
217.10
15.71
376.70
2297.38%Net Cash (Investing)
$58.37
-640.40
-18.97
-605.99
-215.50
-23.26
-72.27
-448.00
-483.75
-464.16
-381.34
-69.06
-238.60
-19.63
-380.30
-1837.34%Increase/Decrease in Debt
$-0.15
171.80
-17.10
231.72
-19.31
-19.24
-344.96
0.21
999.21
-2.15
Increase/Decrease in Equity
$247.92
-11.55
519.39
830.44
1673.32
745.70
Interest Expenses
$
1.42
2.00
5.95
31.51
29.95
30.70
14.96
14.80
-1.05%Net Cash (Financing)
$254.78
164.94
10.40
733.51
-20.50
-25.86
480.43
2.74
-4.15
2662.30
-15.68
733.98
-3.70
-15.90
-22.50
-41.51%Cash Taxes Paid
$
35.98
68.94
45.78
82.12
169.18
163.20
1.83
2.20
20.22%Effect of Exchange Rate
$0.04
0.08
0.19
-0.38
-0.43
-1.42
1.37
-1.25
0.44
0.94
-1.50
-2.70
0.70
-0.01
-1.10
25.93%-10900.00%Increase/Decrease in Cash
$338.88
-389.25
99.93
271.06
-105.19
145.41
644.24
-111.05
-29.68
2685.18
71.21
1140.84
247.90
87.68
-264.30
-2.57%-401.45%Cash (Beginning)
$206.41
545.28
156.03
255.95
527.01
421.82
567.22
1211.46
1100.42
1070.73
3755.91
3827.13
4968.00
4967.97
5215.90
30.35%4.99%Cash (Ending)
$545.28
156.03
255.95
527.01
421.82
567.22
1211.46
1100.42
1070.73
3755.91
3827.13
4967.97
5215.90
5055.65
4951.60
20.71%-2.06%NOPAT
$14.14
11.76
33.87
51.17
-15.38
90.20
129.21
238.91
299.44
240.34
344.45
294.12
190.40
71.09
-34.61
24.20%-148.69%Gross Margin %
64.98%
67.18%
70.70%
72.74%
73.46%
79.25%
77.17%
77.35%
79.34%
81.38%
81.62%
81.03%
79.98%
79.60%
78.49%
Operating Margin %
8.65%
7.84%
12.28%
14.04%
1.61%
17.30%
18.01%
22.95%
25.97%
17.43%
22.24%
20.66%
11.50%
12.36%
-6.52%
NOPAT Margin %
5.62%
3.36%
7.68%
8.89%
-2.16%
10.77%
13.39%
20.05%
21.39%
14.49%
17.72%
13.48%
7.76%
12.16%
-5.27%
Net Margin %
5.82%
2.83%
6.74%
7.79%
-0.49%
10.16%
12.71%
20.00%
22.50%
13.69%
15.05%
16.93%
15.26%
14.91%
1.02%
Tax Rate %
35.06%
57.14%
37.45%
36.73%
234.25%
37.75%
25.67%
12.67%
17.63%
16.90%
20.33%
34.78%
32.56%
1.57%
19.13%
ROA
1.83%
1.01%
2.69%
2.46%
-0.74%
4.13%
4.50%
7.21%
7.77%
3.48%
4.75%
3.50%
2.13%
0.83%
-0.38%
ROE
2.14%
1.42%
3.65%
3.38%
-1.00%
5.45%
4.87%
7.91%
8.79%
4.47%
6.03%
4.28%
2.59%
1.02%
-0.47%
ROIC
9.54%
1.27%
3.67%
3.45%
-0.96%
5.71%
8.06%
11.43%
11.30%
8.23%
10.74%
9.25%
5.64%
2.36%
-0.98%
Asset Turnover
0.33
0.30
0.35
0.28
0.34
0.38
0.34
0.36
0.36
0.24
0.27
0.26
0.28
0.07
0.07
Equity Multiplier
1.17
1.41
1.35
1.38
1.35
1.32
1.08
1.10
1.13
1.29
1.27
1.22
1.22
1.22
1.23
Current Ratio
9.44
1.96
2.77
5.03
3.49
4.05
8.78
7.87
5.79
11.75
11.78
13.92
12.01
13.21
9.09
Quick Ratio
9.15
1.70
2.48
4.74
3.42
3.97
8.68
7.72
5.62
11.67
11.67
13.75
11.86
13.06
8.97
Debt/Equity Ratio
0.21
0.17
0.25
0.23
0.20
0.00
0.05
0.02
0.17
0.14
0.13
0.14
0.13
Interest Coverage Ratio
192.52
181.96
48.62
13.72
15.06
9.20
4.83
-2.89
Working Capital/Sales
-0.01
-0.02
0.01
0.05
0.04
0.05
0.05
0.09
0.09
0.01
0.04
0.06
0.05
-0.04
-0.10
R&D/Sales
0.08
0.09
0.11
0.10
0.09
0.09
0.09
0.08
0.09
0.10
0.10
0.10
0.11
0.11
0.13
Total Payout
$-247.77
-160.25
17.10
-751.11
19.31
19.24
-485.48
1.21
2.00
-2666.59
31.51
-713.60
30.70
14.96
14.80
-1.05%Payout Ratio %
-1752.54%
-1362.62%
50.49%
-1467.75%
125.59%
21.33%
-375.75%
0.51%
0.67%
-1109.50%
9.15%
-242.62%
16.12%
21.04%
42.76%