Assay

Financial-condition grades for SEC filers

Company Report · as of Oct 9, 2026


HomeCompaniesSectorsCalendarLast night

Costar Group, Inc.CSGP · other
GradeElkBsecond fifth of 336 graded peers; percentile 26.6, sampling error 2.6 points; lower is stronger
Rank90 of 336
ProfitabilityCpercentile 54.2
SolvencyApercentile 10.3
Growth and financingCpercentile 54.3
Reliability0.94 AUCfailure model, filers with over $2.67B assets; 95% interval 0.88 to 0.97; 61 events, 2020 to 2025
Peer failure rate0.52% a yearItem 1.03 bankruptcies, same asset band, 2012 to 2025
Size bandover $2.67B assetstotal assets $10.5B[1]
Standard universeinsiderevenue above $1M and assets above $10M[1-2]
Warningsnone active · fortress balance sheetnot computable: distress
Inputs computable11 of 14
Graded fromfilings received through Feb 26, 2026225 days before the rescan; every figure keyed to the SEC receipt date
Last close$29.822026-10-08; market equity $12.1B; iex feed
Price used in gradeNone
Share price, twelve months to the rescansplit-adjusted close; a lollipop at every rescan carries the letter held then; baseline ticks are SEC receipt dates of the inputs; ranges and dragging scroll the full history
$50NovDecJanFebMarAprMayJunJulAugSepOctBA/BB$29.81
ABCDE20132014201520162017201820192020202120222023202420252026

Percentile at every rescan on file, Jan 21, 2012 to Oct 9, 2026; stronger toward the top. Hover for the date.

Open this report as it stood on

Letter setLetterPercentileBand
Jan 21, 2012nonen/a
Mar 21, 2012nonen/aQ4
Mar 21, 2013E83.8Q4
Feb 21, 2014A11.7Q4
Mar 21, 2016B/C42.8Q4
Mar 21, 2017A5.7Q4
Mar 21, 2018A1.8Q5
Feb 21, 2025B23.2Q5
Mar 21, 2025A/B22.7Q5
Apr 21, 2025B24.1Q5
Feb 21, 2026A/B22.3Q5
Mar 21, 2026B26.2Q5

Each date opens the report as it stood on that rescan.

Business, in the company's words. Opening of Item 1 of the 10-K received Feb 26, 2026; the document on sec.gov.

In this Report, the words “we,” “our,” “us,” “CoStar Group,” or the “Company” refer to CoStar Group, Inc. and its direct and indirect wholly-owned subsidiaries. This Report also refers to our websites, but information contained on those sites is not part of this Report. CoStar Group is a leading provider of online real estate marketplaces, information, analytics, and 3D digital twin technology in the property markets. Our mission is to digitize the world's real estate, empowering all people to discover properties, insights, and connections that improve their businesses and lives.

Warnings [top]

Fortress balance sheet. cash minus debt is 1,493,000,000 USD; Altman Z is not used[3-4]

7 checks ran; none of them enters the letter. The checks are listed on the warnings screen.

The Fourteen Inputs [top]

Lower percentile is stronger. Source numbers open the SEC filing; a range that spans filings opens the sources table.

InputPercentile, 0 to 100ValueSourcePeer medianPercentilePeersPeriod end
Profitability, sleeve percentile 54.2
Gross profitability24.3%[1,5]27.1%51.72892025-12-31
Return on invested capital(0.3%)[3-4,6-12]10.0%85.31512025-12-31
Accruals ratio(4.3%)[1,13-15](5.9%)60.45062025-12-31
Gross margin stability, five years1.0 pts[2,5,16-23]2.2 pts19.22042025-12-31
Solvency, sleeve percentile 10.3
Twelve-month failure probabilitynot computable0.04%
latest liabilities, cash plus short-term investments, book equity, and shares are required
Altman Z double-prime5.57[1,6,9,24-27]2.0513.23862025-12-31
Net debt to EBITDA(7.82x)[3-4,6,28]2.52x1.11842025-12-31
Interest coveragenot computable2.18x
latest aligned inputs end 2019-12-31; latest annual assets end 2025-12-31
Current ratio2.84x[24-25]1.32x16.45062025-12-31
Growth and financing, sleeve percentile 54.3
Revenue growth, three-year compound14.2%[2,17,19,21]5.1%21.14032025-12-31
Free cash flow growth, three-year compound(34.8%)[14,29-35]8.7%90.02202025-12-31
Reinvestment ratenot computable11.9%
NOPAT must exceed $100,000
Asset growth, three years7.8%[1,15,36-37]4.1%33.44382025-12-31
Net share issuance, one year2.4%[38-39](0.4%)72.73562026-02-20

Gross profitability. Revenue less cost of goods sold, over total assets.

Accruals ratio. Net income less operating cash flow, over average assets; lower is stronger.

Gross margin stability, five years. Standard deviation of gross margin; lower is stronger.

Twelve-month failure probability. CHS model; lower is stronger.

Net debt to EBITDA. Lower is stronger.

Net share issuance, one year. Split-adjusted; lower is stronger.

Sleeves are equal-weighted; within a sleeve each computable input carries equal weight. Composite -0.222; sampling error 2.6 percentile points on 336 peers.

Among 336 Peers [top]

ABCDESCCO, Southern Copper; A, percentile 8.7; market equity $165.7BSCCOPWR, Quanta Services, Inc.; B, percentile 32.2; market equity $103.0BPWRNFLX, Netflix Inc.; B, percentile 35.5; market equity $298.0BNFLXUBER, Uber Technologies, Inc.; C, percentile 44.8; market equity $143.5BUBERUNP, Union Pacific Corp.; C, percentile 53.7; market equity $165.3BUNPDIS, Walt Disney Co.; D, percentile 64.2; market equity $184.8BDISCSGP 26.6strongerweaker

Composite score of every graded peer, smoothed. Vertical rules are the letter band edges at the 20th, 40th, 60th and 80th percentiles. Small dots are the six largest peers by market equity.

RankCompanyPercentileLetterWarnings
85Fair Isaac Corp. (FICO)

Fair Isaac Corp. (FICO)

Bsecond fifth; percentile 25.1

NYSE · Services-Business Services, NEC

market equity $15.3B; last close $707.43

No active warnings; 11 of 14 inputs

25.1B
86IES Holdings, Inc. (IESC)

IES Holdings, Inc. (IESC)

Bsecond fifth; percentile 25.4

Nasdaq · Electrical Work

market equity $6.0B; last close $300.63

Warnings: fortress balance sheet; 11 of 14 inputs

25.4Bfortress balance sheet
87Healthequity, Inc. (HQY)

Healthequity, Inc. (HQY)

Bsecond fifth; percentile 25.7

Nasdaq · Services-Business Services, NEC

market equity $7.7B; last close $93.12

No active warnings; 12 of 14 inputs

25.7B
88Maximus, Inc. (MMS)

Maximus, Inc. (MMS)

Bsecond fifth; percentile 26.0

NYSE · Services-Business Services, NEC

market equity $3.1B; last close $58.76

No active warnings; 10 of 14 inputs

26.0B
89Republic Airways Holdings Inc. (RJET)

Republic Airways Holdings Inc. (RJET)

Bsecond fifth; percentile 26.3

Nasdaq · Air Transportation, Scheduled

market equity $810.4M; last close $17.34

Warnings: late filer; 7 of 14 inputs

26.3Blate filer
90Costar Group, Inc. (CSGP)

Costar Group, Inc. (CSGP)

Bsecond fifth; percentile 26.6

Nasdaq · Services-Business Services, NEC

market equity $12.1B; last close $29.82

Warnings: fortress balance sheet; 11 of 14 inputs

26.6Bfortress balance sheet
91FTI Consulting, Inc. (FCN)

FTI Consulting, Inc. (FCN)

Bsecond fifth; percentile 26.9

NYSE · Services-Management Consulting Services

market equity $3.9B; last close $140.45

Warnings: fortress balance sheet; 10 of 14 inputs

26.9Bfortress balance sheet
92Intrepid Potash, Inc. (IPI)

Intrepid Potash, Inc. (IPI)

Bsecond fifth; percentile 27.2

NYSE · Mining & Quarrying of Nonmetallic Minerals (No Fuels)

market equity $444.7M; last close $33.38

No active warnings; 9 of 14 inputs

27.2B
93Legacy Housing Corp. (LEGH)

Legacy Housing Corp. (LEGH)

Bsecond fifth; percentile 27.5

Nasdaq · Mobile Homes

market equity $674.7M; last close $28.38

No active warnings; 9 of 14 inputs

27.5B
94Onespaworld Holdings Ltd. (OSW)

Onespaworld Holdings Ltd. (OSW)

Bsecond fifth; percentile 27.8

Nasdaq · Services-Membership Sports & Recreation Clubs

market equity $2.4B; last close $23.49

No active warnings; 10 of 14 inputs

27.8B
95Universal Technical Institute Inc. (UTI)

Universal Technical Institute Inc. (UTI)

Bsecond fifth; percentile 28.1

NYSE · Services-Educational Services

market equity $1.1B; last close $20.29

Warnings: fortress balance sheet; 10 of 14 inputs

28.1Bfortress balance sheet
Peer policyLetterPercentilePeers
all graded filers, equal sleevesB28.62204
sector peers, equal sleeves (the grade)B26.6336
same exchange, equal sleevesB30.01219
sector peers, equal inputsB34.6336

Each letter is one fifth of the 336 graded peers, about 67 companies. A boundary letter (A/B, B/C, C/D, D/E) marks a percentile within one sampling error of a band edge.

What the Price Implies [top]

Market measures at the 2026-10-08 close. None enters the grade. Percentile among graded peers with the same measure.

MeasureValuePeer medianPercentileReading
Twelve-month price change, skipping the latest month(62.0%)2.0%5hotter than 5 of 100 peers
Distance from 52-week high(62.3%)(26.8%)10closer to its high than 10 of 100 peers
EBIT to enterprise value(0.6%)4.4%18pricier than 82 of 100 peers
Free cash flow yield1.0%4.1%27pricier than 73 of 100 peers
Book value to price0.660.3475pricier than 25 of 100 peers
Sales to price0.270.7022pricier than 78 of 100 peers
Composite equity issuance, five years2.8%(8.8%)71more equity-funded than 71 of 100 peers
Relative strength against the sector, log excess return(1.11)(0.13)5ahead of 5 of 100 peers

Inputs: market equity $12.1B; EBIT -$72.0M; free cash flow $123.0M; book equity $7.9B; sales $3.2B; debt $1.0B; cash $1.3B[40].

Diagnostics [top]

Diagnostics do not feed the grade.

Piotroski F-score: 5 of 9, period end 2025-12-31
Return on assets above zero0.1%✓ pass[13,15]
Operating cash flow above zero$430.0M✓ pass[14]
Return on assets improved(1.5 pts)✗ fail[13,15,36,41]
Operating cash flow exceeds net income$423.0M✓ pass[13-14]
Long-term leverage fell(0.9 pts)✓ pass[1,15,36,42-43]
Current ratio improved(612.7 pts)✗ fail[24-25,44-45]
No new shares issued2.4%✗ fail[38-39]
Gross margin improved(0.7 pts)✗ fail[2,5,16-17]
Asset turnover improved4.4 pts✓ pass[2,15,17,36]
Cash, filings, liquidity
Cash and equivalents$1.3B[46]
Operating cash flow, four quarters$497.0M[14,46-50]
Months of runwaynot finite
trailing operating cash flow is nonnegative, so runway is not finite
Late filings, two years0
NT 10-K or NT 10-Q
Days since last periodic filing72
10-Q received Jul 29, 2026
Median daily dollar volume$182.2M
63 sessions
Days since newest grade input225

Downloads [top]

Sources [top]

Every citation on this page. Filing opens the SEC index page for that submission; viewer opens the SEC interactive data for the same filing; series opens the SEC XBRL API record for that tag and company.

#ConceptXBRL tagValuePeriod endReceivedFormLinks
1assetsus-gaap:Assets$10.5B2025-12-312026-02-2610-Kfiling · viewer · series
2revenueus-gaap:RevenueFromContractWithCustomerExcludingAssessedTax$3.2B2025-12-312026-02-2610-Kfiling · viewer · series
3cashus-gaap:CashAndCashEquivalentsAtCarryingValue$1.6B2025-12-312026-02-2610-Kfiling · viewer · series
4total debtus-gaap:LongTermDebt$140.0M2025-12-312026-02-2610-Kfiling · viewer · series
5gross profitus-gaap:GrossProfit$2.6B2025-12-312026-02-2610-Kfiling · viewer · series
6operating incomeus-gaap:OperatingIncomeLoss-$72.0M2025-12-312026-02-2610-Kfiling · viewer · series
7pretax incomeus-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest$30.0M2025-12-312026-02-2610-Kfiling · viewer · series
8income taxus-gaap:IncomeTaxExpenseBenefit$23.0M2025-12-312026-02-2610-Kfiling · viewer · series
9book equityus-gaap:StockholdersEquity$8.3B2025-12-312026-02-2610-Kfiling · viewer · series
10total debtus-gaap:LongTermDebt$1.0B2024-12-312025-02-2010-Kfiling · viewer · series
11book equityus-gaap:StockholdersEquity$7.6B2024-12-312026-02-2610-Kfiling · viewer · series
12cashus-gaap:CashAndCashEquivalentsAtCarryingValue$4.7B2024-12-312026-02-2610-Kfiling · viewer · series
13net incomeus-gaap:NetIncomeLoss$7.0M2025-12-312026-02-2610-Kfiling · viewer · series
14operating cash flowus-gaap:NetCashProvidedByUsedInOperatingActivities$430.0M2025-12-312026-02-2610-Kfiling · viewer · series
15assetsus-gaap:Assets$9.3B2024-12-312026-02-2610-Kfiling · viewer · series
16gross profitus-gaap:GrossProfit$2.2B2024-12-312026-02-2610-Kfiling · viewer · series
17revenueus-gaap:RevenueFromContractWithCustomerExcludingAssessedTax$2.7B2024-12-312026-02-2610-Kfiling · viewer · series
18gross profitus-gaap:GrossProfit$2.0B2023-12-312026-02-2610-Kfiling · viewer · series
19revenueus-gaap:RevenueFromContractWithCustomerExcludingAssessedTax$2.5B2023-12-312026-02-2610-Kfiling · viewer · series
20gross profitus-gaap:GrossProfit$1.8B2022-12-312025-02-2010-Kfiling · viewer · series
21revenueus-gaap:RevenueFromContractWithCustomerExcludingAssessedTax$2.2B2022-12-312025-02-2010-Kfiling · viewer · series
22gross profitus-gaap:GrossProfit$1.6B2021-12-312024-02-2210-Kfiling · viewer · series
23revenueus-gaap:RevenueFromContractWithCustomerExcludingAssessedTax$1.9B2021-12-312024-02-2210-Kfiling · viewer · series
24current assetsus-gaap:AssetsCurrent$2.1B2025-12-312026-02-2610-Kfiling · viewer · series
25current liabilitiesus-gaap:LiabilitiesCurrent$746.0M2025-12-312026-02-2610-Kfiling · viewer · series
26retained earningsus-gaap:RetainedEarningsAccumulatedDeficit$2.4B2025-12-312026-02-2610-Kfiling · viewer · series
27liabilitiesus-gaap:Liabilities$2.2B2025-12-312026-02-2610-Kfiling · viewer · series
28depreciation amortizationus-gaap:DepreciationDepletionAndAmortization$263.0M2025-12-312026-02-2610-Kfiling · viewer · series
29capital expenditureus-gaap:PaymentsToAcquirePropertyPlantAndEquipment$307.0M2025-12-312026-02-2610-Kfiling · viewer · series
30operating cash flowus-gaap:NetCashProvidedByUsedInOperatingActivities$393.0M2024-12-312026-02-2610-Kfiling · viewer · series
31capital expenditureus-gaap:PaymentsToAcquirePropertyPlantAndEquipment$579.0M2024-12-312026-02-2610-Kfiling · viewer · series
32operating cash flowus-gaap:NetCashProvidedByUsedInOperatingActivities$490.0M2023-12-312026-02-2610-Kfiling · viewer · series
33capital expenditureus-gaap:PaymentsToAcquirePropertyPlantAndEquipment$118.0M2023-12-312026-02-2610-Kfiling · viewer · series
34operating cash flowus-gaap:NetCashProvidedByUsedInOperatingActivities$478.7M2022-12-312025-02-2010-Kfiling · viewer · series
35capital expenditureus-gaap:PaymentsToAcquirePropertyPlantAndEquipment$35.2M2022-12-312025-02-2010-Kfiling · viewer · series
36assetsus-gaap:Assets$8.9B2023-12-312025-02-2010-Kfiling · viewer · series
37assetsus-gaap:Assets$8.4B2022-12-312024-02-2210-Kfiling · viewer · series
38shares outstandingdei:EntityCommonStockSharesOutstanding419,793,3012026-02-202026-02-2610-Kfiling · viewer · series
39shares outstandingdei:EntityCommonStockSharesOutstanding410,125,6102025-02-132025-02-2010-Kfiling · viewer · series
40shares outstandingdei:EntityCommonStockSharesOutstanding405,197,5882026-07-272026-07-2910-Qfiling · viewer · series
41net incomeus-gaap:NetIncomeLoss$139.0M2024-12-312026-02-2610-Kfiling · viewer · series
42long term debtus-gaap:LongTermDebtNoncurrent$993.0M2025-12-312026-02-2610-Kfiling · viewer · series
43long term debtus-gaap:LongTermDebtNoncurrent$992.0M2024-12-312026-02-2610-Kfiling · viewer · series
44current assetsus-gaap:AssetsCurrent$5.0B2024-12-312026-02-2610-Kfiling · viewer · series
45current liabilitiesus-gaap:LiabilitiesCurrent$552.0M2024-12-312026-02-2610-Kfiling · viewer · series
46cashus-gaap:CashAndCashEquivalentsAtCarryingValue$1.3B2026-06-302026-07-2910-Qfiling · viewer · series
47operating cash flowus-gaap:NetCashProvidedByUsedInOperatingActivities$267.0M2026-06-302026-07-2910-Qfiling · viewer · series
48operating cash flowus-gaap:NetCashProvidedByUsedInOperatingActivities$152.0M2026-03-312026-04-2910-Qfiling · viewer · series
49operating cash flowus-gaap:NetCashProvidedByUsedInOperatingActivities$267.9M2025-09-302025-10-2910-Qfiling · viewer · series
50operating cash flowus-gaap:NetCashProvidedByUsedInOperatingActivities$200.0M2025-06-302026-07-2910-Qfiling · viewer · series

Limitations [top]

Grade boundary. Percentile 26.6 is 6.6 points from the nearest band edge; sampling error is 2.6 points.

Peer group. Sector assignment from four-digit SIC codes, hand-tuned and published. The grade under three alternative peer policies is tabled above.

Size. Within a sector the letter tracks size. Among graded filers in the smallest asset band, 72% grade E and 0% grade A; in the largest, 13% grade E and 21% grade A. Universe as of Oct 9, 2026.

Failure model. filings 2012-01-01 to 2019-12-31 fit, filings 2020-01-01 to 2025-12-31 test; status post hoc pending confirmation. pre-registered on 2026 filings once their 12-month outcome windows close; supported if the paired per-quintile gain over the pooled model has a lower bound above 0.05.

Input validity. Revenue or total assets at or below $100,000 sets the degenerate-inputs flag. An input whose denominator is at or below $100,000 is left not computable rather than ranked.

Returns. No input on this page has a post-2015 confidence interval on returns that excludes zero. The grade ranks reported financial condition and is not a return forecast.