Business mix
- The company operates through four categories: Residential, Mortgages, Rentals, and Other. The Residential segment includes agent and software, as well as new construction marketing solutions and StreetEasy for sale products.
- This segment also offers advertising and marketing solutions for real estate agents, premier agent, SaaS customer relationship management, real estate transaction management, appointment center, and enhanced listing services.
- The Rentals segment includes advertising and a suite of tools for property managers, landlords, and other rental professionals, as well as rental applications.
- The Mortgages segment provides mortgage originations through Zillow Home Loans and advertising to mortgage lenders and other mortgage professionals; and title and escrow services.
Current key questions
- Can demand and competitive position in internet content & information support revenue growth and margins?
- Which input costs, regulation, customer concentration, or execution risks matter most for earnings quality?
- Does capital allocation improve long-term free cash flow and per-share value?
