Buy CSGP by Oct 28, 2026.

* **Market Capitalization:** \~$12.18 billion * **Enterprise Value (EV):** \~$12.12 billion * **Shares Outstanding:** \~408.36 million * **EV/Revenue Multiple:** \~3.62x EV = Market Cap. the company holds roughly zero net debt **Apartments com** alone earns **625M EBITDA** 79% gross margin. If **Apartments com** alone earns **625M EBITDA**, but the entire Residential segment earns only **120M**, then **Homes com** plus the other residential assets are currently absorbing roughly: **$500M of annual EBITDA** Value Apartments com alone: * EBITDA: **625M** * Multiple: …