Zillow (ZG) Return on Invested Capital [ROIC] (2018 - 2026)
Zillow's Return on Invested Capital [ROIC] came in at -3.11% for 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 (ZG) Return on Invested Capital [ROIC] (2018 - 2026) Analysis & Trends
For FY2025, Zillow's Return on Invested Capital [ROIC] was -0.59%, up 3.12 percentage points from FY2024.
- Return on Invested Capital [ROIC] carries a five-year change of -0.59 percentage points (FY2020 to FY2025).
- Going back by year, 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 represents the lowest quarterly Return on Invested Capital [ROIC] since Q4 2024.
- Year-over-year, Return on Invested Capital [ROIC] increased in seven of the last eight quarters, with an average year-over-year change of +1.95 percentage points.
- The fastest year-over-year change in Return on Invested Capital [ROIC] over five years came in Q1 2026 (a gain of 3.20 percentage points), and the weakest in Q2 2023 (a drop of 7.86 percentage points).
- Business Quant data shows ZG's Return on Invested Capital [ROIC] at 0.23% (Q2 2026), 0.21% (Q1 2026) and -0.60% (Q4 2025) in the three quarters before Q3 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 | 49.39 Bn | 21.63 Bn | 695.95 Mn | - |
| 3 | Samsara | 23.96 Bn | 20.73 Bn | 392.58 Mn | - |
| 4 | Ptc | 22.37 Bn | 21.18 Bn | 490.47 Mn | 17.95% |
| 5 | Toast | 20.05 Bn | 12.69 Bn | 543.00 Mn | - |
| 6 | Manhattan Associates | 14.85 Bn | 13.91 Bn | 174.30 Mn | - |
| 7 | Bentley Systems | 13.89 Bn | 13.37 Bn | 349.55 Mn | 13.61% |
| 8 | Trimble | 12.57 Bn | 11.65 Bn | 659.10 Mn | 9.70% |
| 9 | Costar | 12.28 Bn | 7.66 Bn | 741.00 Mn | 1.83% |
| 10 | Zillow | 6.85 Bn | 3.38 Bn | 516.00 Mn | -3.11% |
Historic Data
Download Data
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=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();