CoStar Group Management
Management criteria checks 2/4
CoStar Group's CEO is Andy Florance, appointed in Jan 1987, has a tenure of 38.67 years. total yearly compensation is $37.39M, comprised of 2.7% salary and 97.3% bonuses, including company stock and options. directly owns 0.37% of the company’s shares, worth $135.85M. The average tenure of the management team and the board of directors is 6.1 years and 3.9 years respectively.
Key information
Andy Florance
Chief executive officer
US$37.4m
Total compensation
| CEO salary percentage | 2.67% |
| CEO tenure | 38.7yrs |
| CEO ownership | 0.4% |
| Management average tenure | 6.1yrs |
| Board average tenure | 3.9yrs |
Recent management updates
Recent updates
Is CoStar Group (NASDAQ:CSGP) Using Debt Sensibly?
Sep 11
CoStar Group's Expansion Into Australia
Sep 04CoStar Group (NASDAQ:CSGP) Has A Pretty Healthy Balance Sheet
May 31There May Be Some Bright Spots In CoStar Group's (NASDAQ:CSGP) Earnings
May 09Is CoStar Group, Inc. (NASDAQ:CSGP) Potentially Undervalued?
Mar 30Risks To Shareholder Returns Are Elevated At These Prices For CoStar Group, Inc. (NASDAQ:CSGP)
Mar 11CoStar Group: I Still Expect Growth To Accelerate Back To High-Teens
Feb 21CoStar Group (NASDAQ:CSGP) Seems To Use Debt Quite Sensibly
Jan 31CoStar Stock May Remain Flat For Another 5 Years
Jan 31Is There An Opportunity With CoStar Group, Inc.'s (NASDAQ:CSGP) 33% Undervaluation?
Jan 13At US$72.22, Is CoStar Group, Inc. (NASDAQ:CSGP) Worth Looking At Closely?
Dec 28The Price Is Right For CoStar Group, Inc. (NASDAQ:CSGP)
Dec 06CoStar Group: Growth Outlook In The Coming Years Remains Solid
Oct 24What Does CoStar Group, Inc.'s (NASDAQ:CSGP) Share Price Indicate?
Sep 26CoStar: Well-Positioned Into The Balance Of The Year
Jul 08Baron Funds - CoStar Group: A Disruption Opportunity Worth $2B Incremental Revenue
May 10CoStar Group: Strong Growth Momentum
May 03Andvari Associates - CoStar Group: Making Homes.Com The Second Most Trafficked Home Buying Portal
Apr 14CoStar: Playing The Long Game
Jan 11CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Jun 30 2025 | n/a | n/a | US$104m |
| Mar 31 2025 | n/a | n/a | US$117m |
| Dec 31 2024 | US$37m | US$1m | US$139m |
| Sep 30 2024 | n/a | n/a | US$175m |
| Jun 30 2024 | n/a | n/a | US$213m |
| Mar 31 2024 | n/a | n/a | US$294m |
| Dec 31 2023 | US$29m | US$997k | US$375m |
| Sep 30 2023 | n/a | n/a | US$403m |
| Jun 30 2023 | n/a | n/a | US$384m |
| Mar 31 2023 | n/a | n/a | US$367m |
| Dec 31 2022 | US$19m | US$972k | US$370m |
| Sep 30 2022 | n/a | n/a | US$338m |
| Jun 30 2022 | n/a | n/a | US$330m |
| Mar 31 2022 | n/a | n/a | US$308m |
| Dec 31 2021 | US$22m | US$906k | US$293m |
| Sep 30 2021 | n/a | n/a | US$235m |
| Jun 30 2021 | n/a | n/a | US$229m |
| Mar 31 2021 | n/a | n/a | US$229m |
| Dec 31 2020 | US$21m | US$800k | US$227m |
| Sep 30 2020 | n/a | n/a | US$279m |
| Jun 30 2020 | n/a | n/a | US$300m |
| Mar 31 2020 | n/a | n/a | US$303m |
| Dec 31 2019 | US$19m | US$792k | US$315m |
| Sep 30 2019 | n/a | n/a | US$311m |
| Jun 30 2019 | n/a | n/a | US$291m |
| Mar 31 2019 | n/a | n/a | US$271m |
| Dec 31 2018 | US$15m | US$750k | US$238m |
Compensation vs Market: Andy's total compensation ($USD37.39M) is above average for companies of similar size in the US market ($USD13.47M).
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 (61 yo)
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
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 38.7yrs | US$37.39m | 0.37% $ 135.9m | |
| Chief Financial Officer | 1.2yrs | US$3.79m | 0.031% $ 11.3m | |
| Senior Vice President of Global Operations | 3.2yrs | US$6.75m | 0.048% $ 17.8m | |
| Chief Technology Officer | 10.5yrs | US$13.32m | 0.11% $ 39.9m | |
| President of Marketplaces | 7.7yrs | US$8.96m | 0.069% $ 25.5m | |
| CAO & Cotroller | 9.7yrs | no data | no data | |
| Chief Information Officer | 5.9yrs | no data | no data | |
| Head of Investor Relations | 1.1yrs | no data | no data | |
| General Counsel & Corporate Secretary | 3.5yrs | no data | 0.014% $ 5.0m | |
| Vice President of Marketing & Communications | 6.7yrs | no data | no data | |
| Senior Vice President of Global Sales | 3yrs | no data | no data | |
| Chief Human Resources Officer | 6.3yrs | no data | 0.019% $ 6.9m |
Experienced Management: CSGP's management team is seasoned and experienced (6.1 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 38.7yrs | US$37.39m | 0.37% $ 135.9m | |
| Independent Director | less than a year | no data | 0.00070% $ 258.3k | |
| Independent Board Chair | 5.8yrs | US$315.04k | 0.0046% $ 1.7m | |
| Independent Director | less than a year | no data | 0.00070% $ 258.3k | |
| Independent Director | 13yrs | US$330.07k | 0.0048% $ 1.8m | |
| Independent Director | 5.8yrs | US$300.01k | 0.0043% $ 1.6m | |
| Independent Director | less than a year | no data | 0.00074% $ 273.1k | |
| Independent Director | 2.1yrs | US$315.04k | 0.0024% $ 885.6k |
Experienced Board: CSGP's board of directors are considered experienced (3.9 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/09/22 17:40 |
| End of Day Share Price | 2025/09/22 00:00 |
| Earnings | 2025/06/30 |
| Annual Earnings | 2024/12/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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.
Analysis Model and Snowflake
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Industry and Sector Metrics
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Analyst Sources
CoStar Group, Inc. is covered by 29 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Jeffrey Meuler | Baird |
| Jeffrey Silber | BMO Capital Markets Equity Research |
| Curtis Nagle | BofA Global Research |