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CoStar vs Zillow Group

CoStar is the larger business, with $3.25bn of revenue in fiscal 2025 against $2.58bn for Zillow Group (1.3 times as much). CoStar grew faster (18.7% against 15.5%). Zillow Group kept more of each dollar of sales as profit: a net margin of 0.9% against 0.2%. Zillow Group carries less debt relative to equity (7.5% against 11.9%).

Latest fiscal yearCoStarCSGP, 2025Zillow GroupZ, 2025
Revenue $3.25bn $2.58bn
Revenue growth 18.7% 15.5%
Net income $7.0m $23.0m
Operating margin -2.2% -1.3%
Net margin 0.2% 0.9%
Return on equity 0.1% 0.5%
Free cash flow $123m $235m
Cash $1.63bn $768m
Total debt $993m $364m
Debt to equity 11.9% 7.5%
Dividend per share — —
Dividend yield — —
Share buybacks $500m $670m
Employees 6,593 6,263
Market value $12.60bn $7.10bn
Price vs our value range — —
Moat score 60 (Moderate) 53 (Moderate)
Insider trades, 12 months 7 buys, 4 sales 0 buys, 100 sales

Each figure is from the company's latest annual report and links to the page it comes from. Fiscal years can end on different dates. Market value and the value verdict use the delayed price shown on the stock pages. Not a recommendation.

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Figures from each company's latest annual report filed with the SEC (10-K or 20-F), as reported, with the fiscal year shown. Not investment advice. How we read filings: methodology.