Stock Analysis on Net
Stock Analysis on Net

CoStar Group Inc. (NASDAQ:CSGP)

This company has been moved to the archive! The financial data has not been updated since July 26, 2023.

Common-Size Income Statement

CoStar Group Inc., common-size consolidated income statement

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12 months ended: Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018
Revenues 100.00 100.00 100.00 100.00 100.00
Cost of revenues -18.97 -18.38 -18.62 -20.66 -22.65
Gross profit 81.03% 81.62% 81.38% 79.34% 77.35%
Selling and marketing, excluding customer base amortization -31.35 -31.99 -32.29 -29.19 -30.19
Software development -10.12 -10.34 -9.82 -8.97 -8.47
General and administrative -15.52 -13.20 -18.06 -12.77 -13.14
Customer base amortization -3.37 -3.85 -3.76 -2.43 -2.59
Operating expenses -60.37% -59.39% -63.94% -53.36% -54.40%
Income from operations 20.66% 22.24% 17.43% 25.97% 22.95%
Interest income 2.95 0.04 0.27 1.38 1.12
Interest on outstanding borrowings -1.28 -1.44 -1.12 0.00 0.00
Amortization of Senior Notes discount and issuance costs -0.11 -0.12 -0.10 -0.06 -0.08
Commitment fees and other -0.09 -0.10 -0.10 -0.12 -0.16
Interest expense -1.48% -1.66% -1.31% -0.19% -0.24%
Interest income (expense), net 1.47% -1.63% -1.05% 1.20% 0.88%
Other income (expense), net 0.16 0.17 -0.05 0.76 -0.01
Income before income taxes 22.29% 20.78% 16.33% 27.93% 23.83%
Income tax expense -5.36 -5.73 -2.64 -5.43 -3.83
Net income 16.93% 15.05% 13.69% 22.50% 20.00%

Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31).

Income statement item Description The company
Income from operations The net result for the period of deducting operating expenses from operating revenues. CoStar Group Inc. income from operations as a percentage of revenues increased from 2020 to 2021 but then slightly decreased from 2021 to 2022.
Income before income taxes Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest. CoStar Group Inc. income before income taxes as a percentage of revenues increased from 2020 to 2021 and from 2021 to 2022.
Net income The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. CoStar Group Inc. net income as a percentage of revenues increased from 2020 to 2021 and from 2021 to 2022.