CoStar Group Inc. (NASDAQ: CSGP)
Real Estate Services · Washington, DC, United States · Founded 1987
- Market capitalization: $30.0 billion
- Annual revenue: $0.97 billion
- Net income: $0.01 billion
- Employees: 6,500
- Sector: Real Estate
- Headquarters: Washington, United States
- Founded: 1987
Source: Statvoo company profile for CoStar Group Inc.. Browse all 500+ companies
CoStar Group is the dominant provider of commercial real estate data and analytics, and they also own Apartments.com and LoopNet. They're trying to break into residential real estate with their acquisition of Homes.com, directly challenging Zillow. The company has a near-monopoly on commercial real estate information.
Subscription revenue from commercial real estate professionals who need CoStar's data to do their jobs. Advertising revenue from Apartments.com (multifamily listings) and LoopNet (commercial listings). The Homes.com push is a massive investment in residential advertising.
Founded in 1987 by Andrew Florance, who still runs the company. CoStar went public in 1998 and has grown through acquisitions — LoopNet in 2012, Apartments.com in 2014, and Homes.com in 2024. The residential push represents a $1 billion+ annual investment to challenge Zillow.
| Market Capitalization | $30.0B |
| Annual Revenue | $0.97B |
| Net Income | $0.01B |
| Profit Margin | 1% |
| Revenue per Employee | $149231K |
| Stock Exchange | NASDAQ |
| Ticker Symbol | CSGP |
Financial data is approximate and based on most recent annual filings.
CoStar employs over 1,000 researchers who physically visit and photograph commercial properties. Andrew Florance has been CEO for over 35 years — one of the longest tenures of any public company CEO.
CoStar's commercial real estate moat is impenetrable. The Homes.com bet against Zillow is bold and expensive — it'll either be brilliant or a costly distraction.
What is CoStar Group Inc.'s revenue?
CoStar Group Inc. generates approximately $0.97 billion in annual revenue.
How many employees does CoStar Group Inc. have?
CoStar Group Inc. employs approximately 6,500 people worldwide.
What is CoStar Group Inc.'s market cap?
CoStar Group Inc. (CSGP) has a market capitalization of approximately $30.0 billion on the NASDAQ.
When was CoStar Group Inc. founded?
CoStar Group Inc. was founded in 1987 and is headquartered in Washington, DC, United States.
Who is the CEO of CoStar Group Inc.?
Andy Florance is the current CEO of CoStar Group Inc..
What is CoStar Group Inc.'s website?
CoStar Group Inc.'s official website is costargroup.com.
| CEO | Andy Florance |
| Sector | Real Estate |
| Industry | Real Estate Services |
| Founded | 1987 |
| HQ | Washington, DC |
| Country | United States |
| Website | costargroup.com |
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