Growth Metrics

Zillow (ZG) EBITDA Margin (2016 - 2025)

Zillow (ZG) has disclosed EBITDA Margin for 12 consecutive years, with 1.68% as the latest value for Q4 2025.

  • On a quarterly basis, EBITDA Margin rose 1077.0% to 1.68% in Q4 2025 year-over-year; TTM through Dec 2025 was 1.32%, a 749.0% increase, with the full-year FY2025 number at 1.32%, up 749.0% from a year prior.
  • EBITDA Margin was 1.68% for Q4 2025 at Zillow, down from 0.44% in the prior quarter.
  • In the past five years, EBITDA Margin ranged from a high of 10.0% in Q3 2021 to a low of 39.25% in Q4 2021.
  • A 5-year average of 6.8% and a median of 7.19% in 2024 define the central range for EBITDA Margin.
  • Biggest YoY gain for EBITDA Margin was 2006bps in 2021; the steepest drop was -2961bps in 2021.
  • Zillow's EBITDA Margin stood at 39.25% in 2021, then skyrocketed by 44bps to 22.07% in 2022, then decreased by 0bps to 22.15% in 2023, then surged by 44bps to 12.45% in 2024, then skyrocketed by 86bps to 1.68% in 2025.
  • Per Business Quant, the three most recent readings for ZG's EBITDA Margin are 1.68% (Q4 2025), 0.44% (Q3 2025), and 1.68% (Q2 2025).