Zillow Group (Zillow Group) ROCE % : -0.83% (As of Mar. 2024)

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What is Zillow Group ROCE %?

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. Zillow Group's annualized ROCE % for the quarter that ended in Mar. 2024 was -0.83%.

Zillow Group ROCE % Historical Data

The historical data trend for Zillow Group's ROCE % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Zillow Group ROCE % Chart

Zillow Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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-4.51

-0.24

3.42

-0.76

-1.97

Zillow Group Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial															-0.82	-1.59	-1.27	-4.28	-0.83

Zillow Group ROCE % Calculation

Zillow Group's annualized ROCE % for the fiscal year that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	-118	/	( ( (6563 - 270)	+	(6652 - 971) )	/ 2 )
	=	-118	/	( (6293	+	5681)	/ 2 )
	=	-118	/	5987
	=	-1.97 %

Zillow Group's ROCE % of for the quarter that ended in Mar. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	-48	/	( ( (6652 - 971)	+	(6823 - 1001) )	/ 2 )
	=	-48	/	( ( 5681	+	5822 )	/ 2 )
	=	-48	/	5751.5
	=	-0.83 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2024) EBIT data.

Zillow Group (NAS:ZG) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

Zillow Group ROCE % Related Terms

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Zillow Group (Zillow Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Zillow Group Inc (NAS:ZG) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

Z:USA Z:Mexico 0ZG:Germany Z2LL34:Brazil

Address

1301 Second Avenue, Floor 31, Seattle, WA, USA, 98101

Website

https://www.zillowgroup.com

Zillow Group Inc is an Internet-based real estate company that offers its customers an on-demand experience for selling, buying, renting, or financing with transparency and ease The group works with real estate agents, brokers, builders, property managers, and landlords to pair technology with top-notch service. The group operates in three segments namely the Internet, Media & Technology (IMT) segment, the Mortgages segment, and the Homes segment.