Zillow (ZG) Return on Invested Capital [ROIC] (2018 - 2026)
Zillow's Return on Invested Capital [ROIC] came in at 0.23% for Q2 2026, up 2.87 percentage points from -2.64% a year earlier and up 0.02 percentage points from the prior quarter.
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Analysis
Zillow (ZG) Return on Invested Capital [ROIC] (2018 - 2026) Analysis & Trends
For FY2025, Zillow's Return on Invested Capital [ROIC] was -0.60%, up 3.19 percentage points from FY2024.
- Return on Invested Capital [ROIC] carries a five-year change of -0.60 percentage points (FY2020 to FY2025).
- Going back by year, Return on Invested Capital [ROIC] was -3.79% in FY2024 (+1.81 pp), -5.59% in FY2023 (-3.95 pp), -1.65% in FY2022 (-5.11 pp) and 3.46% in FY2021 (+3.46 pp).
- The Q2 2026 figure represents the highest quarterly Return on Invested Capital [ROIC] since Q3 2022.
- Year-over-year, Return on Invested Capital [ROIC] has increased for nine consecutive quarters, with an average year-over-year change of +2.26 percentage points over the last eight quarters.
- The fastest year-over-year change in Return on Invested Capital [ROIC] over five years came in Q3 2021 (a gain of 8.40 percentage points), and the weakest in Q2 2023 (a drop of 7.88 percentage points).
- Business Quant data shows ZG's Return on Invested Capital [ROIC] at 0.21% (Q1 2026), -0.60% (Q4 2025) and -1.80% (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Bryn | 945.00 Bn | 945.00 Bn | - | - |
| 2 | Veeva Systems | 44.24 Bn | 16.49 Bn | 695.95 Mn | - |
| 3 | Samsara | 24.06 Bn | 20.83 Bn | 392.58 Mn | - |
| 4 | Toast | 17.18 Bn | 9.85 Bn | 516.00 Mn | - |
| 5 | Ptc | 15.95 Bn | 14.76 Bn | 490.47 Mn | 24.21% |
| 6 | Duolingo | 13.49 Bn | 8.67 Bn | 216.74 Mn | - |
| 7 | Trimble | 13.41 Bn | 12.48 Bn | 674.90 Mn | 9.44% |
| 8 | Manhattan Associates | 11.90 Bn | 10.90 Bn | 168.33 Mn | - |
| 9 | Costar | 11.09 Bn | 5.06 Bn | 728.00 Mn | 0.63% |
| 10 | Zillow | 6.32 Bn | 2.17 Bn | 562.00 Mn | 0.23% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.23% |
| Mar 31, 2026 | 0.21% |
| Dec 31, 2025 | -0.60% |
| Sep 30, 2025 | -1.80% |
| Jun 30, 2025 | -2.64% |
| Mar 31, 2025 | -3.08% |
| Dec 31, 2024 | -3.81% |
| Sep 30, 2024 | -4.40% |
| Jun 30, 2024 | -4.46% |
| Mar 31, 2024 | -5.19% |
| Dec 31, 2023 | -5.26% |
| Sep 30, 2023 | -5.12% |
| Jun 30, 2023 | -5.40% |
| Mar 31, 2023 | -3.78% |
| Dec 31, 2022 | -2.03% |
| Sep 30, 2022 | 0.39% |
| Jun 30, 2022 | 2.48% |
| Mar 31, 2022 | 2.49% |
| Dec 31, 2021 | 2.67% |
| Sep 30, 2021 | 5.19% |
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=ZG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "ticker": "ZG", "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=ZG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();