CoStar Group Management

Management criteria checks 2/4

CoStar Group's CEO is Andy Florance, appointed in Jan 1987, has a tenure of 37.92 years. total yearly compensation is $29.18M, comprised of 3.4% salary and 96.6% bonuses, including company stock and options. directly owns 0.31% of the company’s shares, worth €85.87M. The average tenure of the management team and the board of directors is 5.3 years and 10.5 years respectively.

Key information

Andy Florance

Chief executive officer

US$29.2m

Total compensation

CEO salary percentage3.4%
CEO tenure37.9yrs
CEO ownership0.3%
Management average tenure5.3yrs
Board average tenure10.5yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Andy Florance's remuneration changed compared to CoStar Group's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

US$175m

Jun 30 2024n/an/a

US$213m

Mar 31 2024n/an/a

US$294m

Dec 31 2023US$29mUS$997k

US$375m

Sep 30 2023n/an/a

US$403m

Jun 30 2023n/an/a

US$384m

Mar 31 2023n/an/a

US$367m

Dec 31 2022US$19mUS$972k

US$370m

Sep 30 2022n/an/a

US$338m

Jun 30 2022n/an/a

US$330m

Mar 31 2022n/an/a

US$308m

Dec 31 2021US$22mUS$906k

US$293m

Sep 30 2021n/an/a

US$235m

Jun 30 2021n/an/a

US$229m

Mar 31 2021n/an/a

US$229m

Dec 31 2020US$21mUS$800k

US$227m

Sep 30 2020n/an/a

US$279m

Jun 30 2020n/an/a

US$300m

Mar 31 2020n/an/a

US$303m

Dec 31 2019US$19mUS$792k

US$315m

Sep 30 2019n/an/a

US$311m

Jun 30 2019n/an/a

US$291m

Mar 31 2019n/an/a

US$271m

Dec 31 2018US$15mUS$750k

US$238m

Sep 30 2018n/an/a

US$199m

Jun 30 2018n/an/a

US$174m

Mar 31 2018n/an/a

US$153m

Dec 31 2017US$11mUS$742k

US$123m

Compensation vs Market: Andy's total compensation ($USD29.18M) is above average for companies of similar size in the Italian market ($USD2.94M).

Compensation vs Earnings: Andy's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.


CEO

Andy Florance (60 yo)

37.9yrs

Tenure

US$29,176,180

Compensation

Mr. Andrew C. Florance, also known as Andy, founded CoStar Group, Inc. in 1987. Mr. Florance serves as the Chief Executive Officer and Director at CoStar Group, Inc. and President. He is a frequent speaker...


Leadership Team

NamePositionTenureCompensationOwnership
Andrew Florance
President37.9yrsUS$29.18m0.31%
€ 85.9m
Lisa Ruggles
Senior Vice President of Global Operations2.4yrsUS$5.57m0.039%
€ 11.0m
Frank Simuro
Chief Technology Officer9.8yrsUS$8.72m0.086%
€ 24.1m
Frederick Saint
President of Marketplaces6.9yrsUS$5.39m0.072%
€ 20.2m
Christian Lown
Chief Financial Officerless than a yearno data0.0091%
€ 2.5m
Cyndi Eakin
CAO & Cotroller8.9yrsno datano data
Jason Butler
Chief Information Officer5.2yrsno datano data
Richard Simonelli
Head of Investor Relationsless than a yearno datano data
Gene Boxer
General Counsel & Corporate Secretary2.8yrsno data0.0084%
€ 2.4m
Matthew Blocher
Vice President of Marketing & Communications5.9yrsno datano data
Marc Swartz
Senior Vice President of Global Sales2.3yrsno datano data
Michael Desmarais
Chief Human Resources Officer5.5yrsno data0.014%
€ 4.0m

5.3yrs

Average Tenure

57yo

Average Age

Experienced Management: 1CSGP's management team is seasoned and experienced (5.3 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Andrew Florance
President37.9yrsUS$29.18m0.31%
€ 85.9m
Christopher Nassetta
Independent Director22.5yrsUS$337.05k0.067%
€ 18.9m
Michael Klein
Independent Chairman of the Board37.9yrsUS$407.05k0.45%
€ 126.6m
Louise Sams
Independent Director5yrsUS$315.04k0.0039%
€ 1.1m
John Hill
Independent Director12.3yrsUS$330.05k0.0042%
€ 1.2m
Robert Musslewhite
Independent Director5yrsUS$300.03k0.0037%
€ 1.0m
Laura Kaplan
Independent Director8.7yrsUS$312.07k0.0043%
€ 1.2m
Angelique Brunner
Independent Member of The Board1.3yrsUS$275.03k0.0017%
€ 480.0k

10.5yrs

Average Tenure

60.5yo

Average Age

Experienced Board: 1CSGP's board of directors are seasoned and experienced ( 10.5 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 08:29
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

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Analyst Sources

CoStar Group, Inc. is covered by 28 analysts. 14 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Jeffrey MeulerBaird
Jeffrey SilberBMO Capital Markets Equity Research
Heather BalskyBofA Global Research