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Zillow Group (Zillow Group) ROA % : -4.39% (As of Dec. 2023)


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What is Zillow Group ROA %?

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Zillow Group's annualized Net Income for the quarter that ended in Dec. 2023 was $-292 Mil. Zillow Group's average Total Assets over the quarter that ended in Dec. 2023 was $6,654 Mil. Therefore, Zillow Group's annualized ROA % for the quarter that ended in Dec. 2023 was -4.39%.

The historical rank and industry rank for Zillow Group's ROA % or its related term are showing as below:

Z' s ROA % Range Over the Past 10 Years
Min: -7.87   Med: -4.5   Max: -1.17
Current: -2.39

During the past 13 years, Zillow Group's highest ROA % was -1.17%. The lowest was -7.87%. And the median was -4.50%.

Z's ROA % is ranked worse than
53.43% of 597 companies
in the Interactive Media industry
Industry Median: -1.37 vs Z: -2.39

Zillow Group ROA % Historical Data

The historical data trend for Zillow Group's ROA % 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.

* Premium members only.

Zillow Group ROA % Chart

Zillow Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROA %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -5.86 -2.38 -5.81 -1.17 -2.39

Zillow Group Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
ROA % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -4.34 -1.34 -2.12 -1.69 -4.39

Competitive Comparison of Zillow Group's ROA %

For the Internet Content & Information subindustry, Zillow Group's ROA %, along with its competitors' market caps and ROA % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Zillow Group's ROA % Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Zillow Group's ROA % distribution charts can be found below:

* The bar in red indicates where Zillow Group's ROA % falls into.



Zillow Group ROA % Calculation

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

ROA %=Net Income (A: Dec. 2023 )/( (Total Assets (A: Dec. 2022 )+Total Assets (A: Dec. 2023 ))/ count )
=-158/( (6563+6652)/ 2 )
=-158/6607.5
=-2.39 %

Zillow Group's annualized ROA % for the quarter that ended in Dec. 2023 is calculated as:

ROA %=Net Income (Q: Dec. 2023 )/( (Total Assets (Q: Sep. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=-292/( (6656+6652)/ 2 )
=-292/6654
=-4.39 %

* 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.

In the calculation of annual ROA %, the net income of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Net Income data used here is four times the quarterly (Dec. 2023) net income data. ROA % is displayed in the 30-year financial page.


Zillow Group  (NAS:Z) ROA % Explanation

ROA % measures the rate of return on the total assets (shareholder equity plus liabilities). It measures a firm's efficiency at generating profits from shareholders' equity plus its liabilities. ROA % shows how well a company uses what it has to generate earnings. ROA %s can vary drastically across industries. Therefore, ROA % should not be used to compare companies in different industries. For retailers, a ROA % of higher than 5% is expected. For example, Wal-Mart (WMT) has a ROA % of about 8% as of 2012. For banks, ROA % is close to their interest spread. A bank’s ROA % is typically well under 2%.

Similar to ROE, ROA % is affected by profit margins and asset turnover. This can be seen from the Du Pont Formula:

ROA %(Q: Dec. 2023 )
=Net Income/Total Assets
=-292/6654
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-292 / 1896)*(1896 / 6654)
=Net Margin %*Asset Turnover
=-15.4 %*0.2849
=-4.39 %

Note: The Net Income data used here is four times the quarterly (Dec. 2023) net income data. The Revenue data used here is four times the quarterly (Dec. 2023) revenue data.

* 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.


Be Aware

Like ROE, ROA % is calculated with only 12 months data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. ROA % can be affected by events such as stock buyback or issuance, and by goodwill, a company's tax rate and its interest payment. ROA % may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).

Many analysts argue the higher return the better. Buffett states that really high ROA % may indicate vulnerability in the durability of the competitive advantage.

E.g. Raising $43b to take on KO is impossible, but $1.7b to take on Moody's is. Although Moody's ROA % and underlying economics is far superior to Coca Cola, the durability is far weaker because of lower entry cost.


Zillow Group ROA % Related Terms

Thank you for viewing the detailed overview of Zillow Group's ROA % provided by GuruFocus.com. Please click on the following links to see related term pages.


Zillow Group (Zillow Group) Business Description

Address
1301 Second Avenue, Floor 31, Seattle, WA, USA, 98101
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.
Executives
Jennifer Rock officer: Interim CFO 1301 SECOND AVENUE FLOOR 31, SEATTLE WA 98070
Susan Daimler officer: President of Zillow C/O PUBMATIC, INC., 3 LAGOON DRIVE, SUITE 180, REDWOOD CITY CA 94065
Jeremy Hofmann officer: Chief Financial Officer 1301 SECOND AVENUE, FLOOR 31, SEATTLE WA 98101
Dan Spaulding officer: Chief People Officer 1301 SECOND AVE, FL 31, SEATTLE WA 98101
Bradley D. Owens officer: General Counsel 1301 SECOND AVE, FL 31, SEATTLE WA 98101
Erik C Blachford director C/O ZILLOW GROUP, INC., 1301 SECOND AVENUE, FLOOR 31, SEATTLE WA 98101
Jeremy Wacksman officer: Chief Marketing Officer C/O ZILLOW GROUP, INC, 1301 SECOND AVENUE FLOOR 31, SEATTLE WA 98101
Errol G Samuelson officer: Chief Industry Dev. Officer C/O ZILLOW GROUP, INC., 1301 SECOND AVENUE FLOOR 31, SEATTLE WA 98101
David A. Beitel officer: Chief Technology Officer C/O ZILLOW GROUP, INC., 1301 SECOND AVENUE, FLOOR 31, SEATTLE WA 98101
Allen Parker officer: Chief Financial Officer 1301 SECOND AVENUE, FLOOR 31, SEATTLE WA 98101
Jay C Hoag director 250 MIDDLEFIELD ROAD, MENLO PARK CA 94025
Arik Prawer officer: Pres. Homes Div./Co-Head IO C/O ZILLOW GROUP, INC., 1301 SECOND AVENUE FLOOR 31, SEATTLE WA 98070
Stanley B Humphries officer: Chief Analytics Officer C/O ZILLOW GROUP, INC., 1301 SECOND AVENUE FLOOR 31, SEATTLE WA 98101
Aimee Johnson officer: Chief Marketing Officer 1301 2ND AVE FLOOR 31, SEATTLE WA 98101
Lloyd D Frink director, officer: Vice Chairman & President C/O ZILLOW GROUP, INC., 1301 SECOND AVENUE, FLOOR 31, SEATTLE WA 98101