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CoStar Group (CoStar Group) ROE % : 0.37% (As of Mar. 2024)


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What is CoStar Group ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. CoStar Group's annualized net income for the quarter that ended in Mar. 2024 was $27 Mil. CoStar Group's average Total Stockholders Equity over the quarter that ended in Mar. 2024 was $7,341 Mil. Therefore, CoStar Group's annualized ROE % for the quarter that ended in Mar. 2024 was 0.37%.

The historical rank and industry rank for CoStar Group's ROE % or its related term are showing as below:

CSGP' s ROE % Range Over the Past 10 Years
Min: -0.23   Med: 5.3   Max: 9.8
Current: 5.28

During the past 13 years, CoStar Group's highest ROE % was 9.80%. The lowest was -0.23%. And the median was 5.30%.

CSGP's ROE % is ranked better than
61.07% of 1780 companies
in the Real Estate industry
Industry Median: 2.94 vs CSGP: 5.28

CoStar Group ROE % Historical Data

The historical data trend for CoStar Group's ROE % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

CoStar Group ROE % Chart

CoStar Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.80 5.17 5.28 5.87 5.27

CoStar Group Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
ROE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.04 5.72 5.06 5.30 0.37

Competitive Comparison of CoStar Group's ROE %

For the Real Estate Services subindustry, CoStar Group's ROE %, along with its competitors' market caps and ROE % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


CoStar Group's ROE % Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, CoStar Group's ROE % distribution charts can be found below:

* The bar in red indicates where CoStar Group's ROE % falls into.



CoStar Group ROE % Calculation

CoStar Group's annualized ROE % for the fiscal year that ended in Dec. 2023 is calculated as

ROE %=Net Income (A: Dec. 2023 )/( (Total Stockholders Equity (A: Dec. 2022 )+Total Stockholders Equity (A: Dec. 2023 ))/ count )
=374.7/( (6870+7338.6)/ 2 )
=374.7/7104.3
=5.27 %

CoStar Group's annualized ROE % for the quarter that ended in Mar. 2024 is calculated as

ROE %=Net Income (Q: Mar. 2024 )/( (Total Stockholders Equity (Q: Dec. 2023 )+Total Stockholders Equity (Q: Mar. 2024 ))/ count )
=26.8/( (7338.6+7342.6)/ 2 )
=26.8/7340.6
=0.37 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Mar. 2024) net income data. ROE % is displayed in the 30-year financial page.


CoStar Group  (NAS:CSGP) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Mar. 2024 )
=Net Income/Total Stockholders Equity
=26.8/7340.6
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(26.8 / 2625.6)*(2625.6 / 8977.1)*(8977.1 / 7340.6)
=Net Margin %*Asset Turnover*Equity Multiplier
=1.02 %*0.2925*1.2229
=ROA %*Equity Multiplier
=0.3 %*1.2229
=0.37 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Mar. 2024 )
=Net Income/Total Stockholders Equity
=26.8/7340.6
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (26.8 / 46) * (46 / -191.6) * (-191.6 / 2625.6) * (2625.6 / 8977.1) * (8977.1 / 7340.6)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.5826 * -0.2401 * -7.3 % * 0.2925 * 1.2229
=0.37 %

Note: The net income data used here is four times the quarterly (Mar. 2024) net income data. The Revenue data used here is four times the quarterly (Mar. 2024) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Be Aware

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.


CoStar Group ROE % Related Terms

Thank you for viewing the detailed overview of CoStar Group's ROE % provided by GuruFocus.com. Please click on the following links to see related term pages.


CoStar Group (CoStar Group) Business Description

Traded in Other Exchanges
Address
1331 L Street, Northwest, WA, USA, 20005
CoStar Group is a leading provider of commercial real estate data and marketplace listing platforms. Its data offering contains in-depth analytical information on over 5 million commercial real estate properties related to various subsectors including office, retail, multifamily, healthcare, industrial, self-storage, and data centers. It operates many flagship brands such as CoStar Suite, LoopNet, Apartments.com, BizBuySell, and LandsofAmerica, with more than 80% of its revenue classified as subscription-based. The company also recently expanded its presence in Canada, the United Kingdom, Spain, and France.
Executives
John W Hill director 1997 ANNAPOLIS EXCHANGE PARKWAY, SUITE 410, ANNAPOLIS MD 21401
Christopher J Nassetta director 77 WEST WACKER DRIVE, SUITE 3900, CHICAGO IL 60601
Angelique G. Brunner director C/O CHESAPEAKE LODGING TRUST, 4300 WILSON BOULEVARD, SUITE 625, ARLINGTON VA 22203
Lisa Ruggles officer: Senior VP, Global Research C/O COSTAR GROUP, INC., 1331 L STREET NW, WASHINGTON DC 20005
Scott T Wheeler officer: Chief Financial Officer C/O COSTAR GROUP, INC., 1331 L STREET NW, WASHINGTON DC 20005
Frank Simuro officer: Chief Technology Officer C/O COSTAR GROUP, INC., 1331 L STREET NW, WASHINGTON DC 20005
Frederick G. Saint officer: President, Marketplaces LOOPNET, INC., 181 W. HUNTINGTON DRIVE, SUITE 208, MONROVIA CA 91016
Andrew C Florance director, officer: President and CEO C/O COSTAR GROUP INC, 1331 L STREET, NW, WASHINGTON DC 20005
Michael J Desmarais officer: Chief Human Resources Officer C/O COSTAR GROUP, INC., 1331 L STREET NW, WASHINGTON DC 20005
Michael R Klein director 2001 K STREET, N.W., SUITE 206, WASHINGTON DC 20006
Gene Boxer officer: General Counsel and Secretary 14 WESLEY STREET, HAMILTON D0 HM11
Kaplan Laura Cox director C/O COSTAR GROUP, INC., 1331 L STREET NW, WASHINGTON DC 20005
Matthew Linnington officer: Executive Vice President Sales C/O COSTAR GROUP, INC., 1331 L STREET NW, WASHINGTON DC 20005
David Jay Steinberg director C/O COSTAR GROUP, INC., 1331 L STREET, NW, WASHINGTON DC 20005
Robert W Musslewhite director 2445 M STREET, NW, WASHINGTON DC 20037

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