Costar Group, Inc.
CSGP
Market Cap$33.09B
Close$
Earnings Call Q4 2024
February 18, 2025 - AI Summary
Strong Financial Performance: CoStar Group reported a full-year revenue of $2.74 billion for 2024, reflecting an 11% increase year-over-year, marking the company's 55th consecutive quarter of double-digit revenue growth. The fourth quarter specifically showed a revenue of $709 million, up 11% year-over-year.
Adjusted EBITDA Growth: The company showcased significant improvement in adjusted EBITDA, which increased from $12 million in Q1 2024 to $112 million in Q4 2024. The full-year adjusted EBITDA for 2024 was $241 million, exceeding expectations and indicating a robust margin of 9%.
Net New Bookings and Sales Force Expansion: CoStar experienced net new bookings of $53 million in Q4 2024, a 21% sequential increase, driven by a six-fold growth in its Homes.com sales force to 277 individuals, with plans to expand to 500 by the end of 2025. This shows an optimized sales strategy and potential for further revenue generation.
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$58.64
26.8% downside
Current Fair Value
26.8% downsideOvervalued by 26.8% based on the discounted cash flow analysis.
Share Statistics
| Market cap | $33.09 Billion |
|---|---|
| Enterprise Value | $28.73 Billion |
| Dividend Yield | $0 (0%) |
| Earnings per Share | $0.34 |
| Beta | 0.93 |
| Outstanding Shares | 406,900,000 |
Return
| Return on Equity | - |
|---|---|
| Return on Assets | - |
| Return on Invested Capital | - |
Valuation & Multiples
| P/E Ratio | 230.18 |
|---|---|
| PEG | -605.49 |
| Price to Sales | 13.36 |
| Price to Book Ratio | 4.45 |
| Enterprise Value to Revenue | 10.5 |
| Enterprise Value to EBIT | 575.74 |
| Enterprise Value to Net Income | 207 |
| Total Debt to Enterprise | 0.01 |
| Debt to Equity | 0.04 |
Revenue Sources
No data
Insider Trades
ESG Score
No data