Zillow Group Inc (ZG) — Cash Flow Reinvestment Rate

Latest as of March 2026: 2.29x

Zillow Group Inc (ZG) has a Cash Flow Reinvestment Rate of 2.29x as of March 2026, reinvesting $454.00 Million (capex $34.00 Million plus investments $420.00 Million) from operating cash flow of $198.00 Million. See ZG free cash flow to operating cash ratio to measure how efficiently the company converts operating cash flow to free cash.

Reinvestment Rate

2.29x
(Capex + Investments) / Operating CF

Total Reinvested

$454.00 Million
Capex + Investments

Operating Cash Flow

$198.00 Million
USD

Capital Expenditures

$34.00 Million
USD

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

Historical reinvestment intensity for Zillow Group Inc across 14 annual periods. For the full cash flow conversion analysis, see how efficiently does Zillow Group Inc generate cash.

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

Year-by-year capital reinvestment analysis for Zillow Group Inc. See Zillow Group Inc leverage flexibility ratio 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 ▲ +96.4%
2022 0.34x $1.53 Billion $4.50 Billion $140.00 Million ▼ -86.3%
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