Skip to content

Zillow Group, Inc. ZG Ratios & Valuation

FY'25FY'24FY'23FY'22
Profitability
Gross margin74.1%-2.3pp76.4%-1.9pp78.4%-2.9pp81.3%+27.2pp
Operating margin-1.3%+7.5pp-8.8%+5.1pp-13.9%-9.1pp-4.7%-11.3pp
Net margin0.9%+5.9pp-5%+3.1pp-8.1%-3.0pp-5.2%+9.5pp
EBITDA margin8.9%+7.0pp1.9%+6.2pp-4.3%-7.5pp3.3%-6.9pp
Free cash flow margin9.1%-3.6pp12.7%+1.5pp11.3%-213pp224.2%+314pp
Returns
Return on equity0.5%+2.9pp-2.4%+1.1pp-3.5%-1.5pp-2.1%+8.4pp
Return on assets0.4%+2.2pp-1.8%+0.6pp-2.4%-1.2pp-1.2%+4.6pp
Return on invested capital-0.7%+3.1pp-3.8%+1.4pp-5.2%-3.1pp-2.1%-6.8pp
Efficiency
Asset turnover0.4×+0.1×0.4×+0.1×0.3×+0.1×0.2×-0.2×
Liquidity
Current ratio3.1×+0.3×2.8×-0.4×3.2×-10.1×13.3×+11.4×
Quick ratio3.1×+0.3×2.8×-0.4×3.2×-10.1×13.3×+11.4×
Cash ratio1.1×-0.2×1.3×-0.2×1.5×-3.9×5.4×+4.7×
Leverage
Debt-to-equity-0.2×0.2×-0.3×0.5×+0.1×0.4×+0.1×
Debt-to-assets-0.2×0.2×-0.2×0.4×+0.1×0.3×+0.1×
Net debt / EBITDA-3×-2.8×-0.2×6.2×+9.6×
Interest coverage-1.9×+3.6×-5.5×+2.0×-7.5×-4.8×-2.7×-4.4×
Per Share
Book value per share$19.22-7.2%$20.71+6.9%$19.38+4.7%$18.51-9.3%
Valuation
Market capitalization$16.52B-2.1%$16.87B+25.1%$13.48B+77.1%$7.61B-52.0%
Enterprise value$15.84B-6.1%$16.86B+16.9%$14.42B+80.1%$8.01B-45.3%
Price / earnings718×
Price / sales6.4×-1.2×7.5×+0.6×6.9×+3.0×3.9×-0.5×
Price / book3.4×-0.1×3.5×+0.5×+1.3×1.7×-1.3×
EV / EBITDA68.8×-323×392.1×125.1×+85.3×
EV / sales6.1×-1.4×7.5×+0.1×7.4×+3.3×4.1×0.0×
Free cash flow yield1.4%-0.3pp1.7%+0.1pp1.6%-56.1pp57.7%+78.2pp
Earnings yield0.1%+0.8pp-0.7%+0.5pp-1.2%+0.2pp-1.3%+2.0pp

Chart any of these lines over time, or line them up against competitors.

Compare these in charts →

Questions, answered.

What are Zillow Group, Inc.'s profit margins?
Zillow Group, Inc. (ZG) runs a 73.3% gross margin and a 0.4% operating margin, with a 2.3% net margin.
Where do Zillow Group, Inc.'s ratios come from?
Every ratio is computed from Zillow Group, Inc.'s SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.