CoStar Group vs Marcus & Millichap
CoStar Group reported revenue of $3.2 billion in fiscal 2025, 4.3 times Marcus & Millichap's $755 million in fiscal 2025. CoStar Group's revenue grew 18.7% in its latest year, and Marcus & Millichap's grew 8.5%. CoStar Group had an operating margin of -2.2%, against -1.8% at Marcus & Millichap. Free cash flow was $123 million at CoStar Group and $59 million at Marcus & Millichap.
Side by side
| CoStar Group | Marcus & Millichap | |
|---|---|---|
| Latest fiscal year | FY2025, Dec 31, 2025 | FY2025, Dec 31, 2025 |
| Revenue | $3.2B | $755M |
| Revenue growth | 18.7% | 8.5% |
| Revenue growth a year, last 5 years | 14.4% | 1.0% |
| Gross margin | 78.9% | — |
| Operating margin | −2.2% | −1.8% |
| Net margin | 0.2% | −0.2% |
| Free cash flow | $123M | $59M |
| Free cash flow margin | 3.8% | 7.8% |
| Return on capital | −0.6% | — |
| Net debt to EBITDA | −3.3x | — |
| Dividends and buybacks | $500M | $46M |
| Change in diluted share count | 3.2% | 0.7% |
| Last close | $30.55 | $27.75 |
| P/E at the last close | 71.0× | 71.2× |
| Insider trades, last 12 months | bought $8.5 million, sold $534,282 | sold $48,475 |
| Piotroski F-score | 5 of 9 | — |
Amounts in each company's own currency, US$ unless marked (a foreign company may report in another), each company's latest fiscal year from its 10-K, or 20-F or 40-F for a foreign company. Growth rates compare with the year before; the five-year rate is the average a year. Free cash flow is cash from operations minus capital spending; return on capital is after-tax operating income over the money invested in the business; P/E is the last close over the latest earnings per share. Banks are measured differently (return on equity, efficiency ratio), so some rows apply to one company only.
Ten years
Revenue
US$ billions, fiscal years
CoStar GroupMarcus & Millichap
Operating margin
Percent of revenue
CoStar GroupMarcus & Millichap
Free cash flow
US$ billions. Cash from operations minus capital expenditure.
CoStar GroupMarcus & Millichap
Source: the companies' Form 10-K filings, from SEC EDGAR, and the last close. For information only, not investment advice: the figures describe results, not which company is the better investment. The Filing Desk is not affiliated with either company. Full figures on the CoStar Group and Marcus & Millichap pages.