Zillow Group annual debt-to-equity ratio
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2016
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2025
Zillow Group Debt-to-Equity Ratio Growth & History (ZG)
Zillow Group's debt-to-equity ratio was 0.02 for fiscal 2025.
View full Zillow Group company overviewZillow Group annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 0.02 | −0.12 | −86.01% |
| 2024 | 2024-12-31 | 0.14 | −0.27 | −66.37% |
| 2023 | 2023-12-31 | 0.40 | −0.01 | −2.83% |
| 2022 | 2022-12-31 | 0.42 | 0.12 | +38.75% |
| 2021 | 2021-12-31 | 0.30 | −0.23 | −43.50% |
| 2020 | 2020-12-31 | 0.53 | −0.20 | −27.37% |
| 2019 | 2019-12-31 | 0.73 | 0.47 | +181.62% |
| 2018 | 2018-12-31 | 0.26 | 0.11 | +79.34% |
| 2017 | 2017-12-31 | 0.14 | −0.00 | −0.11% |
| 2016 | 2016-12-31 | 0.15 | 0.06 | +68.91% |
| 2015 | 2015-12-31 | 0.09 | — | — |
Zillow Group quarterly debt-to-equity ratio
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Q2.17
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Q2.26
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 0.02 | −0.05 | −68.76% |
| Q1 2026 | 2026-03-31 | 0.02 | −0.12 | −85.24% |
| Q4 2025 | 2025-12-31 | 0.02 | −0.12 | −86.01% |
| Q3 2025 | 2025-09-30 | 0.02 | −0.23 | −92.39% |
| Q2 2025 | 2025-06-30 | 0.07 | −0.33 | −82.80% |
| Q1 2025 | 2025-03-31 | 0.14 | −0.25 | −63.58% |
| Q4 2024 | 2024-12-31 | 0.14 | −0.27 | −66.37% |
| Q3 2024 | 2024-09-30 | 0.25 | −0.17 | −40.47% |
| Q2 2024 | 2024-06-30 | 0.40 | −0.02 | −4.30% |
| Q1 2024 | 2024-03-31 | 0.40 | −0.02 | −3.84% |
| Q4 2023 | 2023-12-31 | 0.40 | −0.01 | −2.83% |
| Q3 2023 | 2023-09-30 | 0.42 | 0.01 | +2.92% |
| Q2 2023 | 2023-06-30 | 0.42 | 0.02 | +3.70% |
| Q1 2023 | 2023-03-31 | 0.41 | −0.15 | −26.97% |
| Q4 2022 | 2022-12-31 | 0.42 | 0.12 | +38.75% |
| Q3 2022 | 2022-09-30 | 0.41 | −0.40 | −49.30% |
| Q2 2022 | 2022-06-30 | 0.40 | −0.09 | −18.84% |
| Q1 2022 | 2022-03-31 | 0.56 | 0.11 | +25.09% |
| Q4 2021 | 2021-12-31 | 0.30 | −0.23 | −43.50% |
| Q3 2021 | 2021-09-30 | 0.80 | 0.27 | +49.23% |
| Q2 2021 | 2021-06-30 | 0.50 | −0.06 | −10.56% |
| Q1 2021 | 2021-03-31 | 0.45 | −0.22 | −32.30% |
| Q4 2020 | 2020-12-31 | 0.53 | −0.20 | −27.37% |
| Q3 2020 | 2020-09-30 | 0.54 | 0.04 | +8.19% |
| Q2 2020 | 2020-06-30 | 0.56 | 0.27 | +93.09% |
| Q1 2020 | 2020-03-31 | 0.67 | 0.41 | +163.93% |
| Q4 2019 | 2019-12-31 | 0.73 | 0.47 | +181.62% |
| Q3 2019 | 2019-09-30 | 0.50 | 0.29 | +139.65% |
| Q2 2019 | 2019-06-30 | 0.29 | 0.15 | +109.06% |
| Q1 2019 | 2019-03-31 | 0.25 | 0.11 | +79.59% |
| Q4 2018 | 2018-12-31 | 0.26 | 0.11 | +79.34% |
| Q3 2018 | 2018-09-30 | 0.21 | 0.07 | +46.88% |
| Q2 2018 | 2018-06-30 | 0.14 | −0.00 | −3.37% |
| Q1 2018 | 2018-03-31 | 0.14 | −0.00 | −2.74% |
| Q4 2017 | 2017-12-31 | 0.14 | −0.00 | −0.11% |
| Q3 2017 | 2017-09-30 | 0.14 | 0.05 | +59.57% |
| Q2 2017 | 2017-06-30 | 0.14 | 0.05 | +58.13% |
| Q1 2017 | 2017-03-31 | 0.14 | 0.06 | +67.45% |
| Q4 2016 | 2016-12-31 | 0.15 | 0.06 | +68.91% |
| Q3 2016 | 2016-09-30 | 0.09 | 0.00 | +3.15% |
| Q2 2016 | 2016-06-30 | 0.09 | 0.00 | +5.02% |
| Q1 2016 | 2016-03-31 | 0.09 | 0.00 | +0.24% |
| Q4 2015 | 2015-12-31 | 0.09 | — | — |
| Q3 2015 | 2015-09-30 | 0.09 | — | — |
| Q2 2015 | 2015-06-30 | 0.09 | — | — |
| Q1 2015 | 2015-03-31 | 0.09 | — | — |
Zillow Group debt-to-equity ratio trends
Over the last five fiscal years, Zillow Group's debt-to-equity ratio decreased from 0.53 to 0.02, a change of −0.51. The latest reported quarter, Q2 2026, shows 0.02.
About the metric
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
Calculation and source
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by SEC-reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Zillow Group source filings ↗