Growth Metrics

Zillow (ZG) Invested Capital (2016 - 2025)

Zillow (ZG) has disclosed Invested Capital for 12 consecutive years, with $5.2 billion as the latest value for Q4 2025.

  • On a quarterly basis, Invested Capital changed 0.34% to $5.2 billion in Q4 2025 year-over-year; TTM through Dec 2025 was $5.2 billion, a 0.34% change, with the full-year FY2025 number at $5.2 billion, changed 0.34% from a year prior.
  • Invested Capital was $5.2 billion for Q4 2025 at Zillow, up from $5.0 billion in the prior quarter.
  • In the past five years, Invested Capital ranged from a high of $6.2 billion in Q1 2021 to a low of $4.5 billion in Q4 2022.
  • A 5-year average of $5.1 billion and a median of $5.0 billion in 2025 define the central range for Invested Capital.
  • Peak YoY movement for Invested Capital: surged 80.19% in 2021, then fell 26.26% in 2022.
  • Zillow's Invested Capital stood at $6.1 billion in 2021, then fell by 26.26% to $4.5 billion in 2022, then rose by 3.06% to $4.6 billion in 2023, then increased by 14.01% to $5.3 billion in 2024, then decreased by 0.34% to $5.2 billion in 2025.
  • Per Business Quant, the three most recent readings for ZG's Invested Capital are $5.2 billion (Q4 2025), $5.0 billion (Q3 2025), and $5.0 billion (Q2 2025).