Zillow (Z) Return on Invested Capital [ROIC] (2018 - 2026)
Zillow's Return on Invested Capital [ROIC] was -3.11% in Q3 2026, down 1.31 percentage points from -1.80% a year earlier and down 3.34 percentage points from the prior quarter.
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Analysis
Zillow (Z) Return on Invested Capital [ROIC] (2018 - 2026) Analysis & Trends
For FY2025, Return on Invested Capital [ROIC] at Zillow came in at -0.59%, up 3.12 percentage points from FY2024.
- Return on Invested Capital [ROIC] shows a five-year change of -0.59 percentage points (FY2020 to FY2025).
- In earlier years, Return on Invested Capital [ROIC] was -3.70% in FY2024 (+1.84 pp), -5.54% in FY2023 (-3.89 pp), -1.65% in FY2022 (-5.11 pp) and 3.46% in FY2021 (+3.46 pp).
- The Q3 2026 figure marks the lowest quarterly Return on Invested Capital [ROIC] since Q4 2024.
- Compared with a year earlier, Return on Invested Capital [ROIC] was higher in seven of the last eight quarters, with an average year-over-year change of +1.95 percentage points.
- The best year-over-year quarter for Return on Invested Capital [ROIC] over five years was Q1 2026 (a gain of 3.20 percentage points); the worst was Q2 2023 (a drop of 7.86 percentage points).
- Per Business Quant data, Z's Return on Invested Capital [ROIC] in the three quarters before Q3 2026 was 0.23% (Q2 2026), 0.21% (Q1 2026) and -0.60% (Q4 2025).
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Peer Comparison
Historic Data
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Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | -3.11% |
| Jun 30, 2026 | 0.23% |
| Mar 31, 2026 | 0.21% |
| Dec 31, 2025 | -0.60% |
| Sep 30, 2025 | -1.80% |
| Jun 30, 2025 | -2.60% |
| Mar 31, 2025 | -2.99% |
| Dec 31, 2024 | -3.71% |
| Sep 30, 2024 | -4.26% |
| Jun 30, 2024 | -4.34% |
| Mar 31, 2024 | -5.08% |
| Dec 31, 2023 | -5.17% |
| Sep 30, 2023 | -5.07% |
| Jun 30, 2023 | -5.40% |
| Mar 31, 2023 | -3.78% |
| Dec 31, 2022 | -2.03% |
| Sep 30, 2022 | 0.39% |
| Jun 30, 2022 | 2.46% |
| Mar 31, 2022 | 2.47% |
| Dec 31, 2021 | 2.67% |
API Access
Zillow Return on Invested Capital [ROIC] 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=return-on-invested-capital-%5Broic%5D&ticker=Z&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "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=return-on-invested-capital-%5Broic%5D&ticker=Z&period=max&api_key=YOUR_API_KEY");
const data = await res.json();