CoStar Gross Profit from 2010 to 2024

CSGP Stock  USD 81.34  0.63  0.77%   
CoStar Gross Profit yearly trend continues to be relatively stable with very little volatility. Gross Profit is likely to grow to about 2.1 B this year. Gross Profit is the profit CoStar Group makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. View All Fundamentals
 
Gross Profit  
First Reported
1998-03-31
Previous Quarter
526.5 M
Current Value
552 M
Quarterly Volatility
159.5 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check CoStar financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among CoStar's main balance sheet or income statement drivers, such as Depreciation And Amortization of 112.9 M, Interest Expense of 224.3 M or Selling General Administrative of 400.6 M, as well as many indicators such as Price To Sales Ratio of 15.15, Dividend Yield of 0.0 or PTB Ratio of 4.84. CoStar financial statements analysis is a perfect complement when working with CoStar Valuation or Volatility modules.
  
Check out the analysis of CoStar Correlation against competitors.

Latest CoStar's Gross Profit Growth Pattern

Below is the plot of the Gross Profit of CoStar Group over the last few years. Gross profit is a required income statement account that reflects total revenue of CoStar Group minus its cost of goods sold. It is profit before CoStar operating expenses, interest payments and taxes. Gross profit is also known as gross margin. It is the profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. CoStar's Gross Profit historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in CoStar's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 1.77 B10 Years Trend
Slightly volatile
   Gross Profit   
       Timeline  

CoStar Gross Profit Regression Statistics

Arithmetic Mean921,937,867
Geometric Mean543,967,338
Coefficient Of Variation74.08
Mean Deviation574,581,840
Median744,827,000
Standard Deviation683,008,893
Sample Variance466501.1T
Range2.1B
R-Value0.99
Mean Square Error13424.3T
R-Squared0.97
Slope150,671,125
Total Sum of Squares6531016.1T

CoStar Gross Profit History

20242.1 B
2023B
20221.8 B
20211.6 B
20201.4 B
20191.1 B
2018921.9 M

Other Fundumenentals of CoStar Group

CoStar Gross Profit component correlations

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0.390.37-0.370.360.440.390.440.370.330.210.450.420.410.350.460.350.05-0.43-0.070.090.130.430.43
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0.950.93-0.910.440.880.950.960.90.880.630.850.90.920.890.860.930.44-0.86-0.070.530.50.920.8
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-0.28-0.320.38-0.07-0.31-0.07-0.29-0.14-0.32-0.21-0.12-0.2-0.19-0.28-0.360.07-0.31-0.16-0.17-0.46-0.14-0.22-0.2
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0.540.55-0.540.130.590.50.560.610.590.450.090.360.520.470.60.320.590.4-0.45-0.140.240.410.2
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0.820.81-0.850.430.810.80.850.770.830.680.420.960.90.820.840.920.8-0.07-0.8-0.20.490.20.89
Click cells to compare fundamentals

About CoStar Financial Statements

CoStar shareholders use historical fundamental indicators, such as Gross Profit, to determine how well the company is positioned to perform in the future. Although CoStar investors may analyze each financial statement separately, they are all interrelated. The changes in CoStar's assets and liabilities, for example, are also reflected in the revenues and expenses on on CoStar's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Gross ProfitB2.1 B
Gross Profit Margin 0.80  0.57 

Pair Trading with CoStar

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if CoStar position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in CoStar will appreciate offsetting losses from the drop in the long position's value.

Moving against CoStar Stock

  0.33TOMZ TOMI EnvironmentalPairCorr
  0.33J Jacobs SolutionsPairCorr
The ability to find closely correlated positions to CoStar could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace CoStar when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back CoStar - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling CoStar Group to buy it.
The correlation of CoStar is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as CoStar moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if CoStar Group moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for CoStar can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Additional Tools for CoStar Stock Analysis

When running CoStar's price analysis, check to measure CoStar's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy CoStar is operating at the current time. Most of CoStar's value examination focuses on studying past and present price action to predict the probability of CoStar's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CoStar's price. Additionally, you may evaluate how the addition of CoStar to your portfolios can decrease your overall portfolio volatility.