Company / Operating Margin
ZILLOW GROUP, INC. Operating Margin History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Operating Margin
-1.3%
FY2025
5-year range
-13.9% / 11.2%
FY2021-FY2025
Trend
+85.0%
vs FY2024
Sector context
#260 of 304
Industrials
What the data says
ZILLOW GROUP, INC.'s operating margin of -1.3% is lower than 86% of companies in the Industrials sector (FY2025). Operating Margin has fluctuated over the past 10 years, ranging from -23.2% in FY2017 to 11.2% in FY2021.
Based on SEC 10-K filings.
-1.3% in FY2025 with a 5-year CAGR of -8.0%.
Improved from -13.9% to -1.3% over the past 2 years.
Industrials sector context is included.
Operating Margin over time
Growth rates
- 3-Year Change
- -8.0pp
- 5-Year Change
- -8.0pp
- 10-Year Change
- -
Sector benchmark
Bottom 14% in IndustrialsTop 86% of 304This company -1.3% Sector average -843.0%
▼
+99.8% above sector average
Key checks
Key Insights
- In FY2025, operating margin increased 85.0% year-over-year.
- Currently 841.7pp above the Industrials sector average.
- Peak operating margin was recorded in FY2021.
- Lowest operating margin in the period was in FY2017.
Company context
Key Data Points
- Negative profit margin: -5.0%
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Operating MarginValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | -1.3% | +85.0% |
| FY2024 | -8.8% | +36.5% |
| FY2023 | -13.9% | -306.9% |
| FY2022 | 6.7% | -40.1% |
| FY2021 | 11.2% | +67.1% |
| FY2020 | 6.7% | +174.4% |
| FY2019 | -9.0% | +60.4% |
| FY2018 | -22.8% | +1.8% |
| FY2017 | -23.2% | -69.1% |
| FY2016 | -13.7% | -59.8% |
As of FY2025 · SEC 10-K · Updated Jun 30, 2026