Analysis of Reportable Segments
CoStar Group Inc. operates in 2 segments: North America and International.
Segment Profit Margin
CoStar Group Inc., profit margin by reportable segment
| Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | |
|---|---|---|---|---|---|
| North America | 27.41% | 29.67% | 25.64% | 33.21% | 30.94% |
| International | 7.08% | 11.81% | -8.27% | -17.62% | -19.49% |
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).
| Segment profitability ratio | Reportable segment | The company |
|---|---|---|
| Segment profit margin | North America | North America segment profit margin ratio improved from 2020 to 2021 but then slightly deteriorated from 2021 to 2022 not reaching 2020 level. |
| International | International segment profit margin ratio improved from 2020 to 2021 but then slightly deteriorated from 2021 to 2022. |
Segment Profit Margin: North America
CoStar Group Inc.; North America; segment profit margin calculation
| Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | |
|---|---|---|---|---|---|
| Selected Financial Data (US$ in thousands) | |||||
| EBITDA | 577,242) | 557,125) | 410,852) | 451,699) | 358,036) |
| Revenues | 2,105,988) | 1,877,635) | 1,602,102) | 1,360,067) | 1,157,301) |
| Segment Profitability Ratio | |||||
| Segment profit margin1 | 27.41% | 29.67% | 25.64% | 33.21% | 30.94% |
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
Segment profit margin = 100 × EBITDA ÷ Revenues
= 100 × 577,242 ÷ 2,105,988 = 27.41%
| Segment profitability ratio | Reportable segment | The company |
|---|---|---|
| Segment profit margin | North America | North America segment profit margin ratio improved from 2020 to 2021 but then slightly deteriorated from 2021 to 2022 not reaching 2020 level. |
Segment Profit Margin: International
CoStar Group Inc.; International; segment profit margin calculation
| Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | |
|---|---|---|---|---|---|
| Selected Financial Data (US$ in thousands) | |||||
| EBITDA | 5,413) | 7,856) | (4,706) | (6,987) | (6,729) |
| Revenues | 76,411) | 66,500) | 56,917) | 39,652) | 34,531) |
| Segment Profitability Ratio | |||||
| Segment profit margin1 | 7.08% | 11.81% | -8.27% | -17.62% | -19.49% |
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
Segment profit margin = 100 × EBITDA ÷ Revenues
= 100 × 5,413 ÷ 76,411 = 7.08%
| Segment profitability ratio | Reportable segment | The company |
|---|---|---|
| Segment profit margin | International | International segment profit margin ratio improved from 2020 to 2021 but then slightly deteriorated from 2021 to 2022. |
Segment Return on Assets (Segment ROA)
CoStar Group Inc., ROA by reportable segment
| Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | |
|---|---|---|---|---|---|
| North America | 7.09% | 7.99% | 6.16% | 12.49% | 11.01% |
| International | 2.11% | 2.80% | -1.96% | -2.93% | -11.23% |
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).
| Segment profitability ratio | Reportable segment | The company |
|---|---|---|
| Segment ROA | North America | North America segment ROA improved from 2020 to 2021 but then slightly deteriorated from 2021 to 2022. |
| International | International segment ROA improved from 2020 to 2021 but then slightly deteriorated from 2021 to 2022. |
Segment ROA: North America
CoStar Group Inc.; North America; segment ROA calculation
| Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | |
|---|---|---|---|---|---|
| Selected Financial Data (US$ in thousands) | |||||
| EBITDA | 577,242) | 557,125) | 410,852) | 451,699) | 358,036) |
| Assets | 8,146,239) | 6,976,752) | 6,674,974) | 3,615,258) | 3,253,035) |
| Segment Profitability Ratio | |||||
| Segment ROA1 | 7.09% | 7.99% | 6.16% | 12.49% | 11.01% |
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
Segment ROA = 100 × EBITDA ÷ Assets
= 100 × 577,242 ÷ 8,146,239 = 7.09%
| Segment profitability ratio | Reportable segment | The company |
|---|---|---|
| Segment ROA | North America | North America segment ROA improved from 2020 to 2021 but then slightly deteriorated from 2021 to 2022. |
Segment ROA: International
CoStar Group Inc.; International; segment ROA calculation
| Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | |
|---|---|---|---|---|---|
| Selected Financial Data (US$ in thousands) | |||||
| EBITDA | 5,413) | 7,856) | (4,706) | (6,987) | (6,729) |
| Assets | 256,231) | 280,119) | 240,446) | 238,728) | 59,922) |
| Segment Profitability Ratio | |||||
| Segment ROA1 | 2.11% | 2.80% | -1.96% | -2.93% | -11.23% |
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
Segment ROA = 100 × EBITDA ÷ Assets
= 100 × 5,413 ÷ 256,231 = 2.11%
| Segment profitability ratio | Reportable segment | The company |
|---|---|---|
| Segment ROA | International | International segment ROA improved from 2020 to 2021 but then slightly deteriorated from 2021 to 2022. |
Segment Asset Turnover
CoStar Group Inc., asset turnover by reportable segment
| Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | |
|---|---|---|---|---|---|
| North America | 0.26 | 0.27 | 0.24 | 0.38 | 0.36 |
| International | 0.30 | 0.24 | 0.24 | 0.17 | 0.58 |
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).
| Segment activity ratio | Reportable segment | The company |
|---|---|---|
| Segment asset turnover | North America | North America segment asset turnover ratio improved from 2020 to 2021 but then slightly deteriorated from 2021 to 2022. |
| International | International segment asset turnover ratio improved from 2020 to 2021 and from 2021 to 2022. |
Segment Asset Turnover: North America
CoStar Group Inc.; North America; segment asset turnover calculation
| Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | |
|---|---|---|---|---|---|
| Selected Financial Data (US$ in thousands) | |||||
| Revenues | 2,105,988) | 1,877,635) | 1,602,102) | 1,360,067) | 1,157,301) |
| Assets | 8,146,239) | 6,976,752) | 6,674,974) | 3,615,258) | 3,253,035) |
| Segment Activity Ratio | |||||
| Segment asset turnover1 | 0.26 | 0.27 | 0.24 | 0.38 | 0.36 |
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
Segment asset turnover = Revenues ÷ Assets
= 2,105,988 ÷ 8,146,239 = 0.26
| Segment activity ratio | Reportable segment | The company |
|---|---|---|
| Segment asset turnover | North America | North America segment asset turnover ratio improved from 2020 to 2021 but then slightly deteriorated from 2021 to 2022. |
Segment Asset Turnover: International
CoStar Group Inc.; International; segment asset turnover calculation
| Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | |
|---|---|---|---|---|---|
| Selected Financial Data (US$ in thousands) | |||||
| Revenues | 76,411) | 66,500) | 56,917) | 39,652) | 34,531) |
| Assets | 256,231) | 280,119) | 240,446) | 238,728) | 59,922) |
| Segment Activity Ratio | |||||
| Segment asset turnover1 | 0.30 | 0.24 | 0.24 | 0.17 | 0.58 |
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
Segment asset turnover = Revenues ÷ Assets
= 76,411 ÷ 256,231 = 0.30
| Segment activity ratio | Reportable segment | The company |
|---|---|---|
| Segment asset turnover | International | International segment asset turnover ratio improved from 2020 to 2021 and from 2021 to 2022. |
Revenues
CoStar Group Inc., revenues by reportable segment
US$ in thousands
| Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | |
|---|---|---|---|---|---|
| North America | 2,105,988) | 1,877,635) | 1,602,102) | 1,360,067) | 1,157,301) |
| International | 76,411) | 66,500) | 56,917) | 39,652) | 34,531) |
| Total | 2,182,399) | 1,944,135) | 1,659,019) | 1,399,719) | 1,191,832) |
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).
EBITDA
CoStar Group Inc., ebitda by reportable segment
US$ in thousands
| Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | |
|---|---|---|---|---|---|
| North America | 577,242) | 557,125) | 410,852) | 451,699) | 358,036) |
| International | 5,413) | 7,856) | (4,706) | (6,987) | (6,729) |
| Total | 582,655) | 564,981) | 406,146) | 444,712) | 351,307) |
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).
Assets
CoStar Group Inc., assets by reportable segment
US$ in thousands
| Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | |
|---|---|---|---|---|---|
| North America | 8,146,239) | 6,976,752) | 6,674,974) | 3,615,258) | 3,253,035) |
| International | 256,231) | 280,119) | 240,446) | 238,728) | 59,922) |
| Total | 8,402,470) | 7,256,871) | 6,915,420) | 3,853,986) | 3,312,957) |
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).