Zillow (Z) Invested Capital (2017 - 2026)
Zillow (Z) recorded Invested Capital of $4.77 billion in Q2 2026, down 4.1% from $4.98 billion a year earlier but up 0.6% from the prior quarter.
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Analysis
Zillow (Z) Invested Capital (2017 - 2026) Analysis & Trends
For FY2025, Zillow reported Invested Capital of $5.25 billion, down 0.3% from FY2024.
- Annual Invested Capital has a five-year compound annual growth rate of -5.7% (FY2020 to FY2025).
- Across earlier years, Invested Capital came in at $5.27 billion in FY2024 (+2.6%), $5.13 billion in FY2023 (+13.6%), $4.52 billion in FY2022 (-33.3%) and $6.77 billion in FY2021 (-3.6%).
- Quarterly Invested Capital has ranged from $4.52 billion in Q4 2022 to $10.21 billion in Q3 2021 over the past five years.
- On a year-over-year basis, Invested Capital has declined for three consecutive quarters, with an average decline of 2.4% over the last eight quarters.
- Peak year-over-year performance for Invested Capital in the last five years was growth of 60.2% in Q3 2021, against a decline of 54.6% in Q3 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at $4.74 billion (Q1 2026), $5.25 billion (Q4 2025) and $5.26 billion (Q3 2025).
Peer Set
Peer Comparison
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 4.77 Bn |
| Mar 31, 2026 | 4.74 Bn |
| Dec 31, 2025 | 5.25 Bn |
| Sep 30, 2025 | 5.26 Bn |
| Jun 30, 2025 | 4.98 Bn |
| Mar 31, 2025 | 5.35 Bn |
| Dec 31, 2024 | 5.41 Bn |
| Sep 30, 2024 | 5.22 Bn |
| Jun 30, 2024 | 5.71 Bn |
| Mar 31, 2024 | 5.40 Bn |
| Dec 31, 2023 | 5.23 Bn |
| Sep 30, 2023 | 5.23 Bn |
| Jun 30, 2023 | 4.55 Bn |
| Mar 31, 2023 | 4.56 Bn |
| Dec 31, 2022 | 4.52 Bn |
| Sep 30, 2022 | 4.64 Bn |
| Jun 30, 2022 | 4.72 Bn |
| Mar 31, 2022 | 5.68 Bn |
| Dec 31, 2021 | 6.77 Bn |
| Sep 30, 2021 | 10.21 Bn |
API Access
Zillow Invested Capital API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=invested-capital&ticker=Z&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "invested-capital", "ticker": "Z", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=invested-capital&ticker=Z&period=max&api_key=YOUR_API_KEY");
const data = await res.json();