Zillow Group, Inc. Class A logo ZG - Zillow Group, Inc. Class A

Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY
0
BUY 25
HOLD 23
SELL 1
STRONG
SELL
0
| PRICE TARGET: $65.00 DETAILS
HIGH: $95.00
LOW: $50.00
MEDIAN: $60.00
CONSENSUS: $65.00
UPSIDE: 76.25%
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006
Revenue
Revenue 2,583 2,236 1,945 1,958 2,132 1,624 2,742.8 1,333.6 1,076.8 846.6 644.7 325.9 197.5 116.8 66.1 30.5 17.5 10.6 7.1 4.3
Cost of Revenue 668 527 421 367 323 255 1,432.0 153.6 85.2 71.6 61.6 29.5 18.8 14.0 10.6 5.0 4.0 4.2 3.7 1.6
Gross Profit 1,915 1,709 1,524 1,591 1,809 1,369 1,310.8 1,180.0 991.6 775.0 583.1 296.4 178.7 102.8 55.5 25.5 13.4 6.4 3.4 2.7
Operating Expenses
R&D Expenses 607 585 560 498 421 349 477.3 410.8 320.0 273.1 198.6 86.4 48.5 26.6 14.1 10.7 11.3 10.1 0 0
SG&A Expenses 1,340 1,314 1,211 1,162 1,129 809 1,080.3 814.8 659.0 694.6 477.5 233.2 147.2 70.4 40.3 21.7 15.2 18.2 25.2 16.6
Other Expenses 0 7 23 24 20 50 0 0 5.4 2.7 1.5 1.1 0.4 0.1 0 0 0 0 0 0
Operating Expenses 1,947 1,906 1,794 1,684 1,570 1,208 1,557.7 1,225.6 979.0 967.7 676.1 319.6 195.7 97.0 54.5 32.3 26.4 28.3 25.2 16.6
Operating Income
Operating Income (32) (197) (270) (93) 239 161 (246.8) (129.0) (161.9) (192.9) (149.5) (44.7) (16.9) 5.8 1.0 (6.8) (13.0) (21.9) (21.8) (14)
Interest Expense 18 36 36 35 128 155.2 101.8 41.3 27.5 7.4 5.5 0 0 0 0 0 0 0.7 1.5 1.4
Interest Income 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Profitability
EBITDA 261 179 104 130 382 272 (97.2) (10.3) (46.3) (112.3) (72.6) (8.0) 6.7 18.7 8.2 (1.6) (6.6) (13.1) (18.8) (11.2)
EBIT (32) (71) (118) (50) 229 186 (207.8) (109.7) (156.5) (212.9) (148.0) (43.6) (16.6) 7.1 1.0 (6.8) (13.0) (21.2) (18.8) (11.2)
Income Before Tax 25 (107) (154) (85) 101 (3) (309.6) (151.0) (184.0) (220.3) (153.5) (43.6) (16.6) 5.9 1.1 (6.8) (12.9) (21.2) (20.3) (12.6)
Income Tax Expense 2 5 4 3 (1) (8) (4.3) (31.1) (89.6) 0.1 (4.6) 21.5 (4.1) 0 0 (0.1) (0.1) 1.4 0 0
Net Income 23 (112) (158) (101) (528) (162) (305.4) (119.9) (94.4) (220.4) (148.9) (43.6) (12.5) 5.9 1.1 (6.8) (12.9) (21.2) (20.3) (12.6)
Per Share Data
EPS (Basic) 0.10 -0.48 -0.68 -0.42 -2.11 -0.72 -1.48 -0.61 -0.51 -1.22 -0.88 -0.36 -0.12 0.07 0.02 -0.17 -0.31 -0.79 -0.75 -0.47
EPS (Diluted) 0.09 -0.48 -0.68 -0.42 -2.11 -0.72 -1.48 -0.61 -0.51 -1.22 -0.88 -0.36 -0.12 0.06 0.02 -0.10 -0.18 -0.79 -0.75 -0.47
Shares Outstanding 241.9 234.1 233.6 242.2 249.9 223.8 206.4 197.9 186.5 180.1 169.8 120.0 103.8 90.6 59.4 40.9 40.9 26.9 26.9 26.9
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2009 2008
Current Assets
Cash & Cash Equivalents 773 1,082 1,495 1,466 2,315 1,703.1 1,141.3 651.1 352.1 243.6 4.4 24.3
Short-Term Investments 527 776 1,318 1,896 514 2,218.1 1,281.0 903.9 410.4 262.9 11.7 0
Net Receivables 176 104 96 72 77 69.9 67.0 66.1 54.4 40.5 2.9 0
Inventory 0 0 (3) 43 3,912.7 491.3 836.6 162.8 0 0 0 0
Other Current Assets 651 372 243 1 707.8 406.6 126.2 47.8 24.6 34.8 0 0
Total Current Assets 2,122 2,334 3,149 3,603 7,680 4,964.9 3,510.2 1,892.7 841.5 581.8 19.3 24.3
Non-Current Assets
Property, Plant & Equipment 406 419 401 397 345 384.1 382.6 135.2 112.3 98.3 4.4 6.2
Goodwill 2,823 2,823 2,817 2,374 2,374 1,984.9 1,984.9 1,984.9 1,931.1 1,923.5 0 0
Intangible Assets 279 207 241 154 176 94.8 190.6 215.9 319.7 527.5 0.9 0
Long-Term Investments 0 0 0 5 0 0 0 10 10 1.1 0 0
Other Non-Current Assets 55 46 44 35 120 57.9 63.7 62.4 25.9 18.6 0.0 (6.2)
Total Non-Current Assets 3,563 3,495 3,503 2,960 3,015 2,521.7 2,621.8 2,398.4 2,389.0 2,567.9 5.3 6.2
Total Assets 5,685 5,829 6,652 6,563 10,695 7,486.6 6,132.0 4,291.1 3,230.5 3,149.7 24.6 34.5
Current Liabilities
Account Payables 36 30 28 20 11 19.0 8.3 7.5 3.6 4.3 0.4 0
Short-Term Debt 378 577 700 37 113 670.2 731.6 149.7 0 0 0 0
Deferred Revenue 69 62 52 44 51 49.0 39.7 35.8 34.3 30.5 0.8 0
Other Current Liabilities 134 33 107 90 3,594 88.4 37.8 64.8 63.8 39.8 0.3 0
Total Current Liabilities 679 831 971 270 3,882 908.6 920.5 287.5 118.4 97.2 2.9 0
Non-Current Liabilities
Long-Term Debt 79 0 1,000 1,660 1,319 1,613.5 1,543.4 699.0 385.4 367.4 0 0
Deferred Tax Liabilities 0 0 0 0 0 0 12.2 17.5 44.6 136.1 0 0
Other Non-Current Liabilities (36) 67 60 12 5 14.9 0 0 0 0 0 0
Total Non-Current Liabilities 122 150 1,155 1,811 1,472 1,836.1 1,776.0 736.4 451.3 518.8 0.6 0
Total Liabilities 801 981 2,126 2,081 5,354 2,744.7 2,696.6 1,023.9 569.7 616.1 3.5 0
Stockholders' Equity
Common Stock 0 0 0 0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0
Retained Earnings (1,859) (1,882) (1,770) (1,612) (1,667) (1,139.3) (977.1) (671.8) (592.2) (497.0) (71.9) 0
Accumulated Other Comprehensive Income 2 (3) (5) (15) 7 0.2 0.3 (0.9) (1.1) (0.2) (21.6) 63.6
Total Stockholders' Equity 4,884 4,848 4,526 4,482 5,341 4,741.8 3,435.4 3,267.2 2,660.8 2,533.6 21.1 95.4
Total Liabilities & Equity 5,685 5,829 6,652 6,563 10,695 7,486.6 6,132.0 4,291.1 3,230.5 3,149.7 24.6 34.5
Debt Metrics
Total Debt 536 660 1,832 1,867 1,604 2,519.8 2,513.0 848.7 385.4 367.4 0 0
Net Debt (237) (422) 337 401 (711) 816.6 1,371.8 197.7 33.3 123.8 (4.4) (24.3)
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016
Operating Activities
Net Income 23 (112) (158) (101) (527.8) (162.1) (305.4) (119.9) (94.4) (220.4)
Depreciation & Amortization 272 250 222 180 152.5 134.4 110.6 99.4 110.2 100.6
Stock-Based Compensation 390 448 451 451 312 197.6 198.9 149.1 113.6 106.9
Change in Working Capital (337) (175) (165) 3,891 (3,753.5) 42.9 (703.1) (233.5) 5.9 (8.9)
Other Non-Cash Items 20 17 4 83 642.8 219.0 91.0 139.8 212.6 31.9
Operating Cash Flow 368 428 354 4,504 (3,176.7) 424.2 (612.2) 3.9 258.2 8.6
Investing Activities
Capital Expenditure (133) (143) (165) (140) (104.4) (108.5) (86.6) (78.5) (78.6) (71.7)
Acquisitions 0 (7) (433) (4) (497.3) 23.6 0 (55.1) (11.0) (13.1)
Purchases of Investments (211) (706) (664) (2,191) (516.3) (3,277.1) (1,495.5) (901.8) (417.0) (185.2)
Sales/Maturities of Investments 472 1,279 1,287 802 2,206.3 2,347.1 1,126.1 412.8 259.2 202.4
Other Investing Activities (134) (28) (30) (25) 0 (23.6) (19.6) (501.4) (169.1) 2.0
Investing Cash Flow (6) 395 25 (1,533) 1,088.3 (1,038.5) (456.1) (622.6) (247.4) (65.7)
Financing Activities
Net Debt Issuance (200) (1,144) 0 (3,440) 2,778 306.8 1,729.9 481.2 0 77.5
Stock Repurchased (670) (301) (424) (947) (302) 0 0 0 (0.4) (0.6)
Dividends Paid 0 0 0 0 0 0 0 0 0 0
Other Financing Activities 8 212 72 0 126.6 444.0 (94.2) 88.6 97.7 (6.0)
Financing Cash Flow (674) (1,233) (352) (4,341) 3,147.6 1,162.3 1,635.7 930.1 97.7 71.5
Cash Position
Net Change in Cash (312) (410) 27 (1,370) 1,059.2 548.0 567.5 311.3 108.5 14.5
Cash at Beginning 1,085 1,495 1,468 2,838 1,778.9 1,230.9 663.4 352.1 243.6 229.1
Cash at End 773 1,085 1,495 1,468 2,838.2 1,778.9 1,230.9 663.4 352.1 243.6
Free Cash Flow 235 285 189 4,364 (3,281.1) 315.7 (698.8) (74.7) 179.6 (63.1)
Key Metrics 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006
Income Statement
Revenue 2,583 2,236 1,945 1,958 2,132 1,624 2,742.8 1,333.6 1,076.8 846.6 644.7 325.9 197.5 116.8 66.1 30.5 17.5 10.6 7.1 4.3
Gross Profit 1,915 1,709 1,524 1,591 1,809 1,369 1,310.8 1,180.0 991.6 775.0 583.1 296.4 178.7 102.8 55.5 25.5 13.4 6.4 3.4 2.7
Operating Income (32) (197) (270) (93) 239 161 (246.8) (129.0) (161.9) (192.9) (149.5) (44.7) (16.9) 5.8 1.0 (6.8) (13.0) (21.9) (21.8) (14)
Net Income 23 (112) (158) (101) (528) (162) (305.4) (119.9) (94.4) (220.4) (148.9) (43.6) (12.5) 5.9 1.1 (6.8) (12.9) (21.2) (20.3) (12.6)
EPS (Diluted) 0.09 -0.48 -0.68 -0.42 -2.11 -0.72 -1.48 -0.61 -0.51 -1.22 -0.88 -0.36 -0.12 0.06 0.02 -0.10 -0.18 -0.79 -0.75 -0.47
Balance Sheet
Cash & Equivalents 773 1,082 1,495 1,466 2,315 1,703.1 1,141.3 651.1 352.1 243.6 4.4 24.3
Total Assets 5,685 5,829 6,652 6,563 10,695 7,486.6 6,132.0 4,291.1 3,230.5 3,149.7 24.6 34.5
Total Debt 536 660 1,832 1,867 1,604 2,519.8 2,513.0 848.7 385.4 367.4 0 0
Stockholders' Equity 4,884 4,848 4,526 4,482 5,341 4,741.8 3,435.4 3,267.2 2,660.8 2,533.6 21.1 95.4
Cash Flow
Operating Cash Flow 368 428 354 4,504 (3,176.7) 424.2 (612.2) 3.9 258.2 8.6
Capital Expenditure (133) (143) (165) (140) (104.4) (108.5) (86.6) (78.5) (78.6) (71.7)
Free Cash Flow 235 285 189 4,364 (3,281.1) 315.7 (698.8) (74.7) 179.6 (63.1)