Zillow Group Inc Class C (Z) — Cash Flow Reinvestment Rate

Latest as of June 2026: 3.23x

Zillow Group Inc Class C (Z) has a Cash Flow Reinvestment Rate of 3.23x as of June 2026, reinvesting $42.00 Million (capex $36.00 Million plus investments $-6.00 Million) from operating cash flow of $13.00 Million. See how much free cash does Zillow Group Inc Class C generate to measure how efficiently the company converts operating cash flow to free cash.

Reinvestment Rate

3.23x
(Capex + Investments) / Operating CF

Total Reinvested

$42.00 Million
Capex + Investments

Operating Cash Flow

$13.00 Million
USD

Capital Expenditures

$36.00 Million
USD

Zillow Group Inc Class C Cash Flow Reinvestment Rate (2010–2025)

Historical reinvestment intensity for Zillow Group Inc Class C across 14 annual periods. For the full cash flow conversion analysis, see cash flow conversion of Zillow Group Inc Class C.

Annual Cash Flow Reinvestment Rate for Zillow Group Inc Class C (2010–2025)

Year-by-year capital reinvestment analysis for Zillow Group Inc Class C. See Zillow Group Inc Class C (Z) flexibility index to measure the company's free cash flow as a share of total liabilities.

Year Reinvestment Rate Total Reinvested (USD) Operating CF Capex YoY Change
2025 1.07x $394.00 Million $368.00 Million $133.00 Million ▼ -14.8%
2024 1.26x $538.00 Million $428.00 Million $143.00 Million ▲ +88.6%
2023 0.67x $236.00 Million $354.00 Million $165.00 Million ▲ +79.5%
2022 0.37x $1.67 Billion $4.50 Billion $140.00 Million ▼ -85.0%
2020 2.47x $1.05 Billion $424.20 Million $108.52 Million ▼ -98.3%
2018 147.40x $567.50 Million $3.85 Million $78.53 Million ▲ +15996.3%
2017 0.92x $236.44 Million $258.19 Million $78.64 Million ▼ -91.1%
2016 10.28x $88.88 Million $8.64 Million $71.72 Million ▼ -36.6%
2015 16.22x $367.51 Million $22.66 Million $68.11 Million ▲ +420.1%
2014 3.12x $141.94 Million $45.52 Million $44.24 Million ▲ +275.8%
2013 0.83x $25.97 Million $31.30 Million $25.97 Million ▲ +60.0%
2012 0.52x $16.75 Million $32.30 Million $16.75 Million ▼ -12.8%
2011 0.59x $8.82 Million $14.83 Million $8.82 Million ▼ -75.7%
2010 2.45x $5.53 Million $2.26 Million $5.53 Million
Cash Flow Reinvestment Rate = (ABS(Capex) + ABS(Investments)) / Operating Cash Flow