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Zillow Group, Inc. ZG Write-off of fully depreciated property and equipment

Write-off of fully depreciated property and equipment at other companies

Vornado Realty logo
Vornado RealtyVNO
$22.85M-1.8%
First Industrial Realty Trust logo
First Industrial Realty TrustFR
$14.3M+25.8%
Ares Management Corporation logo
Ares Management CorporationARES
$8.7M-87.8%
Pultegroup logo
PultegroupPHM
$12.41M
V.F. Corporation logo
V.F. CorporationVFC
$19.7M+19.6%
T Rowe Price Group logo
T Rowe Price GroupTROW
$68.8M+8.2%

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
Debt / equity-0.2×
Current ratio2.3×-0.2×

Where this comes from

Reported directly by Zillow Group, Inc. in its filing.

Tagged under the XBRL concept z:WriteOffOfFullyDepreciatedPropertyAndEquipment.

The official record: Zillow Group, Inc.’s 10-K, filed February 11, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Zillow Group, Inc.'s write-off of fully depreciated property and equipment?
Zillow Group, Inc. (ZG) reported write-off of fully depreciated property and equipment of $36.25M in Q4 2025.
How has Zillow Group, Inc.'s write-off of fully depreciated property and equipment changed year-over-year?
Zillow Group, Inc.'s write-off of fully depreciated property and equipment increased by 70.6% year-over-year, from $21.25M to $36.25M.
What is the long-term trend for Zillow Group, Inc.'s write-off of fully depreciated property and equipment?
Over 2 years (2023 to 2025), Zillow Group, Inc.'s write-off of fully depreciated property and equipment has grown at a 51.7% compound annual growth rate (CAGR), from $63M to $145M.
What does write-off of fully depreciated property and equipment mean?
This metric tracks the removal of property and equipment from the balance sheet once they have been fully depreciated. It is a non-cash accounting adjustment that cleans up the asset register without impacting current period earnings or cash flow. Monitoring this helps investors understand the age and replacement cycle of the company's physical asset base.