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Side-by-side financial comparison of Envista Holdings Corp (NVST) and ZILLOW GROUP, INC. (ZG). Click either name above to swap in a different company.

Envista Holdings Corp is the larger business by last-quarter revenue ($750.6M vs $654.0M, roughly 1.1× ZILLOW GROUP, INC.). Envista Holdings Corp runs the higher net margin — 4.4% vs 0.5%, a 3.9% gap on every dollar of revenue. On growth, ZILLOW GROUP, INC. posted the faster year-over-year revenue change (18.1% vs 15.0%). Envista Holdings Corp produced more free cash flow last quarter ($91.7M vs $44.0M). Over the past eight quarters, ZILLOW GROUP, INC.'s revenue compounded faster (11.2% CAGR vs 9.7%).

Envista Forensics is a United States based company that provides forensic engineering and recovery solutions for the insurance, legal, and risk management industries in the United States and internationally. Originally LWG Consulting, Inc., The company rebranded itself as Envista Forensics in 2017.

Zillow Group, Inc., or simply Zillow, is an American tech real-estate marketplace company that was founded in 2006 by co-executive chairmen Rich Barton and Lloyd Frink, former Microsoft executives and founders of Microsoft spin-off Expedia; Spencer Rascoff, a co-founder of Hotwire.com; David Beitel, Zillow's current chief technology officer; and Kristin Acker, Zillow's current technology leadership advisor.

NVST vs ZG — Head-to-Head

Bigger by revenue
NVST
NVST
1.1× larger
NVST
$750.6M
$654.0M
ZG
Growing faster (revenue YoY)
ZG
ZG
+3.1% gap
ZG
18.1%
15.0%
NVST
Higher net margin
NVST
NVST
3.9% more per $
NVST
4.4%
0.5%
ZG
More free cash flow
NVST
NVST
$47.7M more FCF
NVST
$91.7M
$44.0M
ZG
Faster 2-yr revenue CAGR
ZG
ZG
Annualised
ZG
11.2%
9.7%
NVST

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
NVST
NVST
ZG
ZG
Revenue
$750.6M
$654.0M
Net Profit
$32.9M
$3.0M
Gross Margin
54.7%
72.8%
Operating Margin
9.8%
-1.7%
Net Margin
4.4%
0.5%
Revenue YoY
15.0%
18.1%
Net Profit YoY
2641.7%
105.8%
EPS (diluted)
$0.20
$0.01

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
NVST
NVST
ZG
ZG
Q4 25
$750.6M
$654.0M
Q3 25
$669.9M
$676.0M
Q2 25
$682.1M
$655.0M
Q1 25
$616.9M
$598.0M
Q4 24
$652.9M
$554.0M
Q3 24
$601.0M
$581.0M
Q2 24
$633.1M
$572.0M
Q1 24
$623.6M
$529.0M
Net Profit
NVST
NVST
ZG
ZG
Q4 25
$32.9M
$3.0M
Q3 25
$-30.3M
$10.0M
Q2 25
$26.4M
$2.0M
Q1 25
$18.0M
$8.0M
Q4 24
$1.2M
$-52.0M
Q3 24
$8.2M
$-20.0M
Q2 24
$-1.2B
$-17.0M
Q1 24
$23.6M
$-23.0M
Gross Margin
NVST
NVST
ZG
ZG
Q4 25
54.7%
72.8%
Q3 25
55.3%
72.6%
Q2 25
54.2%
74.7%
Q1 25
54.5%
76.8%
Q4 24
57.1%
75.8%
Q3 24
52.8%
75.9%
Q2 24
51.6%
77.3%
Q1 24
57.1%
76.7%
Operating Margin
NVST
NVST
ZG
ZG
Q4 25
9.8%
-1.7%
Q3 25
8.6%
-0.4%
Q2 25
6.8%
-1.7%
Q1 25
6.3%
-1.5%
Q4 24
7.1%
-12.5%
Q3 24
3.5%
-7.7%
Q2 24
-182.2%
-6.6%
Q1 24
7.7%
-8.5%
Net Margin
NVST
NVST
ZG
ZG
Q4 25
4.4%
0.5%
Q3 25
-4.5%
1.5%
Q2 25
3.9%
0.3%
Q1 25
2.9%
1.3%
Q4 24
0.2%
-9.4%
Q3 24
1.4%
-3.4%
Q2 24
-181.9%
-3.0%
Q1 24
3.8%
-4.3%
EPS (diluted)
NVST
NVST
ZG
ZG
Q4 25
$0.20
$0.01
Q3 25
$-0.18
$0.04
Q2 25
$0.16
$0.01
Q1 25
$0.10
$0.03
Q4 24
$0.00
$-0.23
Q3 24
$0.05
$-0.08
Q2 24
$-6.69
$-0.07
Q1 24
$0.14
$-0.10

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
NVST
NVST
ZG
ZG
Cash + ST InvestmentsLiquidity on hand
$1.2B
$768.0M
Total DebtLower is stronger
$1.4B
Stockholders' EquityBook value
$3.1B
$4.9B
Total Assets
$5.7B
$5.7B
Debt / EquityLower = less leverage
0.47×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
NVST
NVST
ZG
ZG
Q4 25
$1.2B
$768.0M
Q3 25
$1.1B
$874.0M
Q2 25
$1.1B
$587.0M
Q1 25
$1.1B
$914.0M
Q4 24
$1.1B
$1.1B
Q3 24
$991.3M
$1.1B
Q2 24
$1.0B
$1.2B
Q1 24
$948.5M
$1.4B
Total Debt
NVST
NVST
ZG
ZG
Q4 25
$1.4B
Q3 25
$1.4B
Q2 25
$1.4B
Q1 25
$1.4B
Q4 24
$1.4B
Q3 24
$1.4B
Q2 24
$1.5B
Q1 24
$1.5B
Stockholders' Equity
NVST
NVST
ZG
ZG
Q4 25
$3.1B
$4.9B
Q3 25
$3.1B
$5.0B
Q2 25
$3.1B
$4.7B
Q1 25
$3.0B
$4.8B
Q4 24
$2.9B
$4.8B
Q3 24
$3.1B
$4.7B
Q2 24
$3.0B
$4.5B
Q1 24
$4.1B
$4.7B
Total Assets
NVST
NVST
ZG
ZG
Q4 25
$5.7B
$5.7B
Q3 25
$5.6B
$5.7B
Q2 25
$5.7B
$5.4B
Q1 25
$5.5B
$5.7B
Q4 24
$5.4B
$5.8B
Q3 24
$5.5B
$6.2B
Q2 24
$5.4B
$6.6B
Q1 24
$6.6B
$6.8B
Debt / Equity
NVST
NVST
ZG
ZG
Q4 25
0.47×
Q3 25
0.47×
Q2 25
0.46×
Q1 25
0.47×
Q4 24
0.48×
Q3 24
0.46×
Q2 24
0.51×
Q1 24
0.36×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
NVST
NVST
ZG
ZG
Operating Cash FlowLast quarter
$108.0M
$72.0M
Free Cash FlowOCF − Capex
$91.7M
$44.0M
FCF MarginFCF / Revenue
12.2%
6.7%
Capex IntensityCapex / Revenue
2.2%
4.3%
Cash ConversionOCF / Net Profit
3.28×
24.00×
TTM Free Cash FlowTrailing 4 quarters
$230.4M
$235.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
NVST
NVST
ZG
ZG
Q4 25
$108.0M
$72.0M
Q3 25
$78.7M
$105.0M
Q2 25
$88.7M
$87.0M
Q1 25
$300.0K
$104.0M
Q4 24
$132.4M
$122.0M
Q3 24
$70.7M
$171.0M
Q2 24
$93.1M
$55.0M
Q1 24
$40.3M
$80.0M
Free Cash Flow
NVST
NVST
ZG
ZG
Q4 25
$91.7M
$44.0M
Q3 25
$67.9M
$73.0M
Q2 25
$76.4M
$50.0M
Q1 25
$-5.6M
$68.0M
Q4 24
$123.8M
$88.0M
Q3 24
$63.3M
$138.0M
Q2 24
$86.3M
$18.0M
Q1 24
$29.3M
$41.0M
FCF Margin
NVST
NVST
ZG
ZG
Q4 25
12.2%
6.7%
Q3 25
10.1%
10.8%
Q2 25
11.2%
7.6%
Q1 25
-0.9%
11.4%
Q4 24
19.0%
15.9%
Q3 24
10.5%
23.8%
Q2 24
13.6%
3.1%
Q1 24
4.7%
7.8%
Capex Intensity
NVST
NVST
ZG
ZG
Q4 25
2.2%
4.3%
Q3 25
1.6%
4.7%
Q2 25
1.8%
5.6%
Q1 25
1.0%
6.0%
Q4 24
1.3%
6.1%
Q3 24
1.2%
5.7%
Q2 24
1.1%
6.5%
Q1 24
1.8%
7.4%
Cash Conversion
NVST
NVST
ZG
ZG
Q4 25
3.28×
24.00×
Q3 25
10.50×
Q2 25
3.36×
43.50×
Q1 25
0.02×
13.00×
Q4 24
110.33×
Q3 24
8.62×
Q2 24
Q1 24
1.71×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

NVST
NVST

Other$375.8M50%
Specialty Productsand Technologies$188.4M25%
Equipmentand Consumables$186.4M25%

ZG
ZG

Residential Revenue$418.0M64%
Rental Revenue$168.0M26%
Mortgage Revenue$57.0M9%
Display Advertising And Other Revenue$11.0M2%

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