Zillow Group Inc (ZG) — Financial Flexibility Index

Latest as of March 2026: 0.28x

Zillow Group Inc (ZG) has a Financial Flexibility Index of 0.28x as of March 2026. Free cash flow of $232.00 Million (operating CF $198.00 Million minus capex $34.00 Million) represents 0% of total liabilities ($818.00 Million). Check Zillow Group Inc (ZG) reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.

Financial Flexibility Index

0.28x
Free Cash Flow / Total Liabilities

Free Cash Flow

$232.00 Million
Operating CF − Capex

Total Liabilities

$818.00 Million
USD

Capital Expenditures

$34.00 Million
USD

Zillow Group Inc Financial Flexibility Index (2009–2025)

Historical Financial Flexibility Index trend for Zillow Group Inc across 17 annual periods. For the full cash flow conversion analysis, see ZG cash flow conversion.

Annual Financial Flexibility Index for Zillow Group Inc (2009–2025)

Year-by-year free cash flow to debt coverage for Zillow Group Inc. Explore Zillow Group Inc debt service capacity to assess how comfortably operating cash covers total debt obligations.

Year Flexibility Index Free Cash Flow (USD) Operating CF Total Liabilities YoY Change
2025 0.63x $501.00 Million $368.00 Million $801.00 Million ▲ +7.5%
2024 0.58x $571.00 Million $428.00 Million $981.00 Million ▲ +138.4%
2023 0.24x $519.00 Million $354.00 Million $2.13 Billion ▼ -89.1%
2022 2.23x $4.64 Billion $4.50 Billion $2.08 Billion ▲ +488.9%
2021 -0.57x $-3.07 Billion $-3.18 Billion $5.35 Billion ▼ -395.7%
2020 0.19x $532.71 Million $424.20 Million $2.74 Billion ▲ +199.6%
2019 -0.19x $-525.54 Million $-612.17 Million $2.70 Billion ▼ -342.2%
2018 0.08x $82.39 Million $3.85 Million $1.02 Billion ▼ -86.4%
2017 0.59x $336.83 Million $258.19 Million $569.69 Million ▲ +353.2%
2016 0.13x $80.37 Million $8.64 Million $616.09 Million ▼ -34.4%
2015 0.20x $90.77 Million $22.66 Million $456.65 Million ▼ -86.5%
2014 1.47x $89.76 Million $45.52 Million $60.95 Million ▲ +3.5%
2013 1.42x $57.27 Million $31.30 Million $40.27 Million ▼ -30.6%
2012 2.05x $49.05 Million $32.30 Million $23.92 Million ▲ +34.0%
2011 1.53x $23.65 Million $14.83 Million $15.46 Million ▲ +29.0%
2010 1.19x $7.78 Million $2.26 Million $6.57 Million ▲ +3049.0%
2009 -0.04x $-140.00K $-4.22 Million $3.48 Million
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities