NOTE vs CSGP

For growth investors, CoStar Group, Inc.

(CSGP) is the stronger pick with 18. 7% revenue growth year-over-year, versus -20. 7% for FiscalNote Holdings, Inc. (NOTE). CoStar Group, Inc. (CSGP) offers the better valuation at 2107. 2x trailing P/E (25. 8x forward), making it the more compelling value choice. Analysts rate CoStar Group, Inc. (CSGP) a "Buy" — based on 25 analyst ratings — the highest consensus in this comparison. The "better buy" depends entirely on your goals: growth investors should weight revenue trajectory, value investors should weight P/E and PEG, and income investors should weight dividend yield and streak.

Over the past 5 years, CoStar Group, Inc.

(CSGP) delivered a total return of -58. 9%, compared to -99. 8% for FiscalNote Holdings, Inc. (NOTE). Over 10 years, the gap is even starker: CSGP returned +77. 5% versus NOTE's -99. 8%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.

By beta (market sensitivity over 5 years), CoStar Group, Inc.

(CSGP) is the lower-risk stock at 0. 80β versus FiscalNote Holdings, Inc. 's 2. 79β — meaning NOTE is approximately 250% more volatile than CSGP relative to the S&P 500. On balance sheet safety, FiscalNote Holdings, Inc. (NOTE) carries a lower debt/equity ratio of 0% versus 14% for CoStar Group, Inc. — giving it more financial flexibility in a downturn.

By revenue growth (latest reported year), CoStar Group, Inc.

(CSGP) is pulling ahead at 18. 7% versus -20. 7% for FiscalNote Holdings, Inc. (NOTE). On earnings-per-share growth, the picture is similar: CoStar Group, Inc. grew EPS -95. 1% year-over-year, compared to -660. 2% for FiscalNote Holdings, Inc.. Over a 3-year CAGR, CSGP leads at 14. 2% annualised revenue growth. Higher growth typically commands a higher valuation multiple — check whether the premium P/E or P/S is justified by the growth rate using the PEG ratio.

CoStar Group, Inc.

(CSGP) is the more profitable company, earning 0. 2% net margin versus -68. 4% for FiscalNote Holdings, Inc. — meaning it keeps 0. 2% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: CSGP leads at -2. 2% versus -38. 9% for NOTE. At the gross margin level — before operating expenses — CSGP leads at 75. 2%, reflecting greater pricing power or product mix advantage. Stronger margins indicate durable pricing power, lower cost of revenue, or higher mix of software/services. They are one of the clearest signs of business quality.

None of the stocks in this comparison currently pay a material dividend.

All are effectively zero-yield and should be held for capital appreciation rather than income.

For long-horizon retirement investors, CoStar Group, Inc.

(CSGP) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β 0. 80)). FiscalNote Holdings, Inc. (NOTE) carries a higher beta of 2. 79 — meaning larger drawdowns in market downturns, which matters significantly when you cannot wait years for a recovery. Both have compounded well over 10 years (CSGP: +77. 5%, NOTE: -99. 8%), confirming both are viable long-term holds — but the lower-volatility option typically results in less emotional selling during corrections. Retirement portfolios generally favour predictability over maximum returns. Consult a financial advisor before making allocation decisions.

These companies operate in different sectors (NOTE (Technology) and CSGP (Real Estate)), which means they face different economic cycles, regulatory environments, and macro sensitivities — making direct comparison nuanced.

In terms of investment character: NOTE is a small-cap quality compounder stock; CSGP is a mid-cap high-growth stock. These fundamental differences mean investors should not choose between them on a single metric — the "better stock" depends entirely on which of these characteristics aligns with your investment strategy.