Zillow (Z) Return on Capital Employed (2018 - 2026)

Zillow (Z) has reported Return on Capital Employed for 9 consecutive years, with 0.23% the latest figure, recorded in Q1 2026.

• In Q1 2026, Return on Capital Employed rose 351.0% year-over-year to 0.23%; the TTM figure through Mar 2026 stood at 0.23% (up 351.0% YoY), while the FY2025 annual figure was 0.67%, up 297.0% from the prior year.
• Return on Capital Employed rose to 0.23% in Q1 2026 per Z's latest filing, from 0.68% in the prior quarter.
• Across five years, Return on Capital Employed topped out at 2.3% in Q1 2022 and bottomed at 4.75% in Q4 2023.
• Historically, Return on Capital Employed has averaged 2.25% across 5 years, with a median of 2.76% in 2023.
• Annual changes were most pronounced in 2022 — Return on Capital Employed tumbled 630 bps — and 2026, when it soared 351 bps.
• Zillow's Return on Capital Employed stood at 1.46% in 2022, then slumped by 225 bps to 4.75% in 2023, then rose by 20 bps to 3.82% in 2024, then soared by 82 bps to 0.68% in 2025, then jumped by 134 bps to 0.23% in 2026.
• Business Quant data shows Z's Return on Capital Employed at 0.23% in Q1 2026, 0.68% in Q4 2025, and 1.85% in Q3 2025.