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Zillow Group, Inc. ZG Debt-to-equity

Debt-to-equity at other companies

CoStar Group logo
CoStar GroupCSGP
0.1×0.0×
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Rocket CompaniesRKT
0.4×+0.4×
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Rithm CapitalRITM
-4.3×
News Corporation logo
News CorporationNWS
0.3×0.0×
Invitation Homes logo
Invitation HomesINVH
1.1×+0.2×
Equity Residential logo
Equity ResidentialEQR
0.0×

Other financials

Income statement

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Revenue$708.0M+18.4%
Gross profit$519.0M+13.1%
Operating income$36.0M+500%
Net income$46.0M+475%
EPS (diluted)$0.19+533%

Balance sheet

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Cash & equivalents$683.0M-25.6%
Total debt$94.0M-91.5%
Total equity$4.4B-7.3%
Total assets$5.2B-9.0%

Cash flow

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Operating cash flow$200.0M+92.3%
CapEx$34.0M-5.6%
Free cash flow$166.0M+144%

Valuation

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Market cap$7.43B-38.8%
Enterprise value$6.84B-43.1%
P/E121.9×
P/S2.8×-2.5×

Profitability

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Gross margin73.3%-3.1pp
Operating margin0.4%+0.2pp
Net margin2.3%+1.4pp
FCF margin12.4%-1.2pp

Returns & leverage

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Return on equity1.3%+0.9pp
Current ratio2.3×-0.2×

Where this comes from

Calculated from Zillow Group, Inc.’s reported figures.

Based on the most recent quarter.

The official record: Zillow Group, Inc.’s 10-Q, filed May 6, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Zillow Group, Inc.'s debt-to-equity?
Zillow Group, Inc. (ZG) reported debt-to-equity of 0× in Q1 2026.
How has Zillow Group, Inc.'s debt-to-equity changed year-over-year?
Zillow Group, Inc.'s debt-to-equity decreased by 90.8% year-over-year, from 0.2× to 0×.
What is the long-term trend for Zillow Group, Inc.'s debt-to-equity?
Over 5 years (2020 to 2025), Zillow Group, Inc.'s debt-to-equity has grown at a -48.6% compound annual growth rate (CAGR), from 0.5× to 0×.
What does debt-to-equity mean?
Total debt (including capitalized leases and financing obligations) divided by shareholders' equity at the quarter end. Measures how much the company is financed by debt relative to equity.