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.

Analysis of Long-term (Investment) Activity Ratios

Microsoft Excel

Activity ratios measure how efficiently a company performs day-to-day tasks, such us the collection of receivables and management of inventory.

Long-term Activity Ratios (Summary)

CoStar Group Inc., long-term (investment) activity ratios

Microsoft Excel
Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018
Net fixed asset turnover 6.79 7.16 13.13 13.02 14.31
Net fixed asset turnover (including operating lease, right-of-use asset) 5.43 5.22 7.06 6.29 14.31
Total asset turnover 0.26 0.27 0.24 0.36 0.36
Equity turnover 0.32 0.34 0.31 0.41 0.39

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).

Long-term activity ratio Description The company
Net fixed asset turnover An activity ratio calculated as total revenue divided by net fixed assets. CoStar Group Inc. net fixed asset turnover ratio deteriorated from 2020 to 2021 and from 2021 to 2022.
Net fixed asset turnover (including operating lease, right-of-use asset) An activity ratio calculated as total revenue divided by net fixed assets (including operating lease, right-of-use asset). CoStar Group Inc. net fixed asset turnover ratio (with operating lease, right-of-use asset) deteriorated from 2020 to 2021 but then slightly improved from 2021 to 2022.
Total asset turnover An activity ratio calculated as total revenue divided by total assets. CoStar Group Inc. total asset turnover ratio improved from 2020 to 2021 but then slightly deteriorated from 2021 to 2022.
Equity turnover An activity ratio calculated as total revenue divided by shareholders’ equity. CoStar Group Inc. equity turnover ratio improved from 2020 to 2021 but then slightly deteriorated from 2021 to 2022 not reaching 2020 level.

Net Fixed Asset Turnover

CoStar Group Inc., net fixed asset turnover calculation, comparison to benchmarks

Microsoft Excel
Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018
Selected Financial Data (US$ in thousands)
Revenues 2,182,399 1,944,135 1,659,019 1,399,719 1,191,832
Property and equipment, net 321,250 271,431 126,325 107,529 83,303
Long-term Activity Ratio
Net fixed asset turnover1 6.79 7.16 13.13 13.02 14.31
Benchmarks
Net Fixed Asset Turnover, Industry
Industrials 3.22 3.04 2.41 2.76 —

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).

1 2022 Calculation
Net fixed asset turnover = Revenues ÷ Property and equipment, net
= 2,182,399 ÷ 321,250 = 6.79

Long-term activity ratio Description The company
Net fixed asset turnover An activity ratio calculated as total revenue divided by net fixed assets. CoStar Group Inc. net fixed asset turnover ratio deteriorated from 2020 to 2021 and from 2021 to 2022.

Net Fixed Asset Turnover (including Operating Lease, Right-of-Use Asset)

CoStar Group Inc., net fixed asset turnover (including operating lease, right-of-use asset) calculation, comparison to benchmarks

Microsoft Excel
Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018
Selected Financial Data (US$ in thousands)
Revenues 2,182,399 1,944,135 1,659,019 1,399,719 1,191,832
 
Property and equipment, net 321,250 271,431 126,325 107,529 83,303
Lease right-of-use assets 80,392 100,680 108,740 115,084 —
Property and equipment, net (including operating lease, right-of-use asset) 401,642 372,111 235,065 222,613 83,303
Long-term Activity Ratio
Net fixed asset turnover (including operating lease, right-of-use asset)1 5.43 5.22 7.06 6.29 14.31
Benchmarks
Net Fixed Asset Turnover (including Operating Lease, Right-of-Use Asset), Industry
Industrials 2.77 2.62 2.13 2.57 —

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).

1 2022 Calculation
Net fixed asset turnover (including operating lease, right-of-use asset) = Revenues ÷ Property and equipment, net (including operating lease, right-of-use asset)
= 2,182,399 ÷ 401,642 = 5.43

Long-term activity ratio Description The company
Net fixed asset turnover (including operating lease, right-of-use asset) An activity ratio calculated as total revenue divided by net fixed assets (including operating lease, right-of-use asset). CoStar Group Inc. net fixed asset turnover ratio (with operating lease, right-of-use asset) deteriorated from 2020 to 2021 but then slightly improved from 2021 to 2022.

Total Asset Turnover

CoStar Group Inc., total asset turnover calculation, comparison to benchmarks

Microsoft Excel
Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018
Selected Financial Data (US$ in thousands)
Revenues 2,182,399 1,944,135 1,659,019 1,399,719 1,191,832
Total assets 8,402,470 7,256,871 6,915,420 3,853,986 3,312,957
Long-term Activity Ratio
Total asset turnover1 0.26 0.27 0.24 0.36 0.36
Benchmarks
Total Asset Turnover, Industry
Industrials 0.66 0.60 0.51 0.61 —

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).

1 2022 Calculation
Total asset turnover = Revenues ÷ Total assets
= 2,182,399 ÷ 8,402,470 = 0.26

Long-term activity ratio Description The company
Total asset turnover An activity ratio calculated as total revenue divided by total assets. CoStar Group Inc. total asset turnover ratio improved from 2020 to 2021 but then slightly deteriorated from 2021 to 2022.

Equity Turnover

CoStar Group Inc., equity turnover calculation, comparison to benchmarks

Microsoft Excel
Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018
Selected Financial Data (US$ in thousands)
Revenues 2,182,399 1,944,135 1,659,019 1,399,719 1,191,832
Stockholders’ equity 6,870,121 5,711,672 5,375,359 3,405,593 3,021,942
Long-term Activity Ratio
Equity turnover1 0.32 0.34 0.31 0.41 0.39
Benchmarks
Equity Turnover, Industry
Industrials 2.94 2.58 2.75 3.53 —

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).

1 2022 Calculation
Equity turnover = Revenues ÷ Stockholders’ equity
= 2,182,399 ÷ 6,870,121 = 0.32

Long-term activity ratio Description The company
Equity turnover An activity ratio calculated as total revenue divided by shareholders’ equity. CoStar Group Inc. equity turnover ratio improved from 2020 to 2021 but then slightly deteriorated from 2021 to 2022 not reaching 2020 level.