Zillow Group (BSP:Z2LL35) Debt-to-Equity: 0.10 (As of Mar. 2026) — 73% Below Median

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Director of Data and Quant Analytics at GuruFocus
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BSP:Z2LL35 Zillow Group Inc BSP:Z2LL35
64 GF Score
Price R$62.46
GF Value R$139.40
! 3 Warning Signs
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What is Zillow Group Debt-to-Equity?

Zillow Group BSP:Z2LL35 64 Debt-to-Equity is 0.10 as of Mar. 2026, which is 73% below its 10-year median of 0.37. GuruFocus rates BSP:Z2LL35 with a GF Score™ of 64/100 and a GF Value™ of R$139.40. The stock has 3 warning signs investors should review. Among 413 Interactive Media companies, Zillow Group ranks better than 54% on this metric.

Zillow Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was R$1,825 Mil. Zillow Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was R$418 Mil. Zillow Group's Total Stockholders Equity for the quarter that ended in Mar. 2026 was R$23,052 Mil. Zillow Group's debt to equity for the quarter that ended in Mar. 2026 was 0.10.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Zillow Group's Debt-to-Equity or its related term are showing as below:

BSP:Z2LL35' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.07   Med: 0.37   Max: 0.81
Current: 0.1

During the past 13 years, the highest Debt-to-Equity Ratio of Zillow Group was 0.81. The lowest was 0.07. And the median was 0.37.

BSP:Z2LL35's Debt-to-Equity is ranked better than
54% of 413 companies
in the Interactive Media industry
Industry Median: 0.13 vs BSP:Z2LL35: 0.10

Zillow Group  (BSP:Z2LL35) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.


Zillow Group Debt-to-Equity Related Terms


Zillow Group Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Zillow Group's Debt-to-Equity 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.

Zillow Group Debt-to-Equity Chart

Zillow Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.30 0.42 0.41 0.14 0.09

Zillow Group Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Debt-to-Equity 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 0.15 0.07 0.07 0.09 0.10

BSP:Z2LL35 vs SNAP, BILI, BZ: Debt-to-Equity Comparison

For the Internet Content & Information subindustry, Zillow Group's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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 Debt-to-Equity vs Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Zillow Group's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Zillow Group's Debt-to-Equity falls into.


BSP:Z2LL35
64GF Score
Zillow Group Inc BSP:Z2LL35
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
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Zillow Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Zillow Group's Debt to Equity Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Zillow Group's Debt to Equity Ratio for the quarter that ended in Mar. 2026 is calculated as

* 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.

Frequently Asked Questions Learn more about Debt-to-Equity →
What does a Debt-to-Equity of 0.10 mean?
Zillow Group (BSP:Z2LL35) has a Debt-to-Equity of 0.10 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Zillow Group and its competitors. This is 73% below median its historical median of 0.37. Over the past decade, Zillow Group's Debt-to-Equity has ranged from 0.07 to 0.81. According to the industry distribution chart, Zillow Group ranks #190 out of 413 companies in the Interactive Media industry, placing it in the top 46%.
Is Zillow Group's Debt-to-Equity too high?
Zillow Group's current Debt-to-Equity of 0.10 is 73% below median its 10-year median of 0.37. Over the past 10 years, this metric has ranged from a low of 0.07 to a high of 0.81. The Interactive Media industry median Debt-to-Equity is 0.13. Zillow Group's value of 0.10 is 23.1% below this industry median. Based on the distribution chart, Zillow Group ranks #190 out of 413 companies in the Interactive Media industry, which is above the industry midpoint. Overall, Zillow Group has a GF Score™ of 64/100, reflecting its overall financial health beyond just this single metric.
How does Zillow Group's Debt-to-Equity compare to SNAP and BILI?
According to the Interactive Media industry distribution chart, Zillow Group ranks #190 out of 413 companies for Debt-to-Equity. This puts Zillow Group in the upper half of its industry. The industry median Debt-to-Equity is 0.13. Zillow Group's value of 0.10 is 23.1% below this benchmark. Historically, Zillow Group's own Debt-to-Equity has ranged from 0.07 to 0.81 over the past decade. While the company's 10-year median is 0.37 vs. the industry median of 0.13, Zillow Group has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for an Interactive Media company?
The median Debt-to-Equity among Interactive Media companies is 0.13, based on 413 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Zillow Group's current Debt-to-Equity of 0.10 is 23.1% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Zillow Group and its competitors. For the Interactive Media industry, the median Debt-to-Equity is 0.13 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zillow Group's current Debt-to-Equity is 0.10, which is 73% below median its own 10-year median of 0.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zillow Group stock overvalued right now?
Zillow Group (BSP:Z2LL35) has a current Debt-to-Equity of 0.10. The stock's GF Value™ is R$139.40, compared to a current price of R$62.46 — trading 55.2% below its estimated fair value. The current Debt-to-Equity is 0.10, which is 73% below median its 10-year median of 0.37 and 23.1% below the Interactive Media industry median of 0.13. Zillow Group's overall GF Score™ is 64/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Zillow Group (BSP:Z2LL35), the current Debt-to-Equity is 0.10 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Zillow Group (BSP:Z2LL35) Overvalued in 2026?

Based on GuruFocus' analysis, Zillow Group stock appears to be undervalued. The current stock price of R$62.46 is trading 55.2% below its estimated GF Value™ of R$139.40.

Key valuation signals for BSP:Z2LL35:

  • Debt-to-Equity: 0.10 (73% below median its 10-year median of 0.37)
  • GF Value™: R$139.40 vs. price of R$62.46 (55.2% below fair value)
  • GF Score™: 64/100 with 3 warning signs
  • Industry Position: 23.1% below the Interactive Media median (#190 of 413)

No single metric tells the full story. See the BSP:Z2LL35 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Zillow Group Business Description

Address 1301 Second Avenue, Floor 36, Seattle, WA, USA, 98101
Zillow Group Inc is a real estate technology company offering a digital platform that connects real estate customers with sellers, agents, loan officers, and other real estate-related professionals. With its tools and resources, Zillow helps real estate professionals grow their businesses, and for renters and housing providers, it offers a marketplace along with a set of end-to-end products and services to streamline applications, leases, payments, and more. The group operates various brands such as Zillow, Zillow Home Loans, Zillow Rentals, Zillow New Construction, Trulia, StreetEasy, Out East, HotPads, Follow Up Boss, ShowingTime, dotloop, and Zillow Closing. Its ecosystem spans the entire home journey from shopping to renting, buying, selling, and financing real estate.
64GF Score

Get the complete analysis for BSP:Z2LL35

Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

R$62.46
Price
R$139.40
GF Value