Zillow Group, Inc., a digital real estate company, operates real estate brands on mobile apps and websites in the United States. The company is headquartered in Seattle, Washington.
| Revenue (TTM) | $2.81B |
| Gross Profit (TTM) | $2.05B |
| EBITDA | $175.00M |
| Operating Margin | 4.66% |
| Return on Equity | 1.22% |
| Return on Assets | 0.89% |
| Revenue/Share (TTM) | $11.86 |
| Book Value | $19.16 |
| Price-to-Book | 3.70 |
| Price-to-Sales (TTM) | 2.31 |
| EV/Revenue | 7.19 |
| EV/EBITDA | 74.33 |
| Quarterly Earnings Growth (YoY) | 533.00% |
| Quarterly Revenue Growth (YoY) | 17.90% |
| Shares Outstanding | $41.40M |
| Float | $207.03M |
| % Insiders | 3.85% |
| % Institutions | 110.25% |
Volatility is currently expanding
Nearly 5 engaged home shoppers are competing for every listing, but affordability headwinds are weighing on sales Engaged home shoppers — Zillow users who save or share a for-sale listing — were up 21% year over year this past spring, at 4.8 shoppers per listing nationally. Buffalo, Providence and Hartford had the most engaged shoppers per listing; Houston, Miami and San Antonio had the fewest.
Housing-linked stocks are moving lower together in Wednesday morning trading, with the iBuyers taking the sharpest hits and the homebuilder fund pulling back in step.
In all 50 major U.S. metros, typical rent is less than the typical monthly cost of homeownership, giving renters a financial cushion According to the Zillow Observed Rent Index, the typical U.S. rent is $1,948 a month. The typical new home buyer's monthly payment is $3,014, a difference of $1,066 a month or $12,792 a year.
Opendoor Technologies (NASDAQ:OPEN) stock is falling 4% to $2.68 in Tuesday morning trading as rising Treasury yields and expectations for tighter monetary policy weigh on housing-related shares. Offerpad Solutions (NYSE:OPAD) stock is essentially unchanged at $3.
With permitting at a post-pandemic low, the housing shortage at the root of today's affordability crisis could deepen Residential building permits fell 1.7% in the year ending July 2026 and are now running a record 19.4% below the pre-pandemic trend line. Detached single-family home completions dropped 2.5% in 2025 to about 817,000, the third consecutive annual decline and the lowest total since 2020.
Zillow Group, Inc. (ZG) Presents at Goldman Sachs Communacopia + Technology Conference 2026 Transcript
Opendoor Technologies (NASDAQ:OPEN) stock is falling 7% to $2.79 in early Thursday trading, deepening a slide that now has shares down 51% year to date.
Zillow is shifting to an integrated transaction platform, driving higher revenue per connection and improved monetization despite a challenging housing market. While this is dragging on revenue recognition at the moment, and there remains uncertainty about profits, I would argue the model is working. Looking past the weak housing market and concerns regarding jostling between competitors, Zillow's valuation appears far too low given the quality of the company.
Zillow expects continued softness in the for-sale market, with newly pending sales and inventory growth both decelerating as affordability challenges push demand toward rentals Home sales fell 0.6% year over year in August, a deceleration from July's 6% annual gain, according to Zillow's August Market Report. Newly pending listings, a leading indicator of future closings, fell 2.6% year over year in August, extending a rapid deceleration from June's 7.5% annual gain — even as the number of homes for sale continues to climb.
Zillow (ZG) reported earnings 30 days ago. What's next for the stock?
Tiblio connects your broker and runs your put-and-call-writing strategy for you — on ZG and any ticker you trade — then tracks every position and per-strategy win rate.
