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Side-by-side financial comparison of Orion S.A. (OEC) and ZILLOW GROUP, INC. (ZG). Click either name above to swap in a different company.

ZILLOW GROUP, INC. is the larger business by last-quarter revenue ($654.0M vs $411.7M, roughly 1.6× Orion S.A.). On growth, ZILLOW GROUP, INC. posted the faster year-over-year revenue change (18.1% vs -5.2%). Orion S.A. produced more free cash flow last quarter ($44.2M vs $44.0M). Over the past eight quarters, ZILLOW GROUP, INC.'s revenue compounded faster (11.2% CAGR vs -9.5%).

Orion Corporation, founded in 1917 and headquartered at Espoo, Finland, is a globally operating Finnish company which develops, manufactures and markets human and veterinary pharmaceuticals and active pharmaceutical ingredients for global markets. All of the company's manufacturing sites and the majority of its R&D units are in Finland.

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.

OEC vs ZG — Head-to-Head

Bigger by revenue
ZG
ZG
1.6× larger
ZG
$654.0M
$411.7M
OEC
Growing faster (revenue YoY)
ZG
ZG
+23.2% gap
ZG
18.1%
-5.2%
OEC
More free cash flow
OEC
OEC
$200.0K more FCF
OEC
$44.2M
$44.0M
ZG
Faster 2-yr revenue CAGR
ZG
ZG
Annualised
ZG
11.2%
-9.5%
OEC

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
OEC
OEC
ZG
ZG
Revenue
$411.7M
$654.0M
Net Profit
$3.0M
Gross Margin
18.9%
72.8%
Operating Margin
4.3%
-1.7%
Net Margin
0.5%
Revenue YoY
-5.2%
18.1%
Net Profit YoY
105.8%
EPS (diluted)
$-0.36
$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
OEC
OEC
ZG
ZG
Q4 25
$411.7M
$654.0M
Q3 25
$450.9M
$676.0M
Q2 25
$466.4M
$655.0M
Q1 25
$477.7M
$598.0M
Q4 24
$434.2M
$554.0M
Q3 24
$463.4M
$581.0M
Q2 24
$477.0M
$572.0M
Q1 24
$502.9M
$529.0M
Net Profit
OEC
OEC
ZG
ZG
Q4 25
$3.0M
Q3 25
$-67.1M
$10.0M
Q2 25
$9.0M
$2.0M
Q1 25
$9.1M
$8.0M
Q4 24
$-52.0M
Q3 24
$-20.2M
$-20.0M
Q2 24
$20.5M
$-17.0M
Q1 24
$26.7M
$-23.0M
Gross Margin
OEC
OEC
ZG
ZG
Q4 25
18.9%
72.8%
Q3 25
19.0%
72.6%
Q2 25
21.1%
74.7%
Q1 25
20.5%
76.8%
Q4 24
20.6%
75.8%
Q3 24
23.2%
75.9%
Q2 24
23.0%
77.3%
Q1 24
24.3%
76.7%
Operating Margin
OEC
OEC
ZG
ZG
Q4 25
4.3%
-1.7%
Q3 25
-11.9%
-0.4%
Q2 25
6.9%
-1.7%
Q1 25
6.5%
-1.5%
Q4 24
5.4%
-12.5%
Q3 24
-3.3%
-7.7%
Q2 24
8.7%
-6.6%
Q1 24
10.5%
-8.5%
Net Margin
OEC
OEC
ZG
ZG
Q4 25
0.5%
Q3 25
-14.9%
1.5%
Q2 25
1.9%
0.3%
Q1 25
1.9%
1.3%
Q4 24
-9.4%
Q3 24
-4.4%
-3.4%
Q2 24
4.3%
-3.0%
Q1 24
5.3%
-4.3%
EPS (diluted)
OEC
OEC
ZG
ZG
Q4 25
$-0.36
$0.01
Q3 25
$-1.20
$0.04
Q2 25
$0.16
$0.01
Q1 25
$0.16
$0.03
Q4 24
$0.31
$-0.23
Q3 24
$-0.35
$-0.08
Q2 24
$0.35
$-0.07
Q1 24
$0.45
$-0.10

Balance Sheet & Financial Strength

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

Metric
OEC
OEC
ZG
ZG
Cash + ST InvestmentsLiquidity on hand
$60.7M
$768.0M
Total DebtLower is stronger
Stockholders' EquityBook value
$384.6M
$4.9B
Total Assets
$1.9B
$5.7B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
OEC
OEC
ZG
ZG
Q4 25
$60.7M
$768.0M
Q3 25
$51.3M
$874.0M
Q2 25
$42.6M
$587.0M
Q1 25
$37.5M
$914.0M
Q4 24
$44.2M
$1.1B
Q3 24
$53.2M
$1.1B
Q2 24
$34.2M
$1.2B
Q1 24
$43.9M
$1.4B
Stockholders' Equity
OEC
OEC
ZG
ZG
Q4 25
$384.6M
$4.9B
Q3 25
$401.8M
$5.0B
Q2 25
$466.5M
$4.7B
Q1 25
$466.1M
$4.8B
Q4 24
$474.9M
$4.8B
Q3 24
$476.3M
$4.7B
Q2 24
$503.9M
$4.5B
Q1 24
$492.2M
$4.7B
Total Assets
OEC
OEC
ZG
ZG
Q4 25
$1.9B
$5.7B
Q3 25
$2.0B
$5.7B
Q2 25
$2.0B
$5.4B
Q1 25
$2.0B
$5.7B
Q4 24
$1.9B
$5.8B
Q3 24
$2.0B
$6.2B
Q2 24
$1.9B
$6.6B
Q1 24
$1.9B
$6.8B

Cash Flow & Capital Efficiency

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

Metric
OEC
OEC
ZG
ZG
Operating Cash FlowLast quarter
$92.9M
$72.0M
Free Cash FlowOCF − Capex
$44.2M
$44.0M
FCF MarginFCF / Revenue
10.7%
6.7%
Capex IntensityCapex / Revenue
11.8%
4.3%
Cash ConversionOCF / Net Profit
24.00×
TTM Free Cash FlowTrailing 4 quarters
$54.8M
$235.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
OEC
OEC
ZG
ZG
Q4 25
$92.9M
$72.0M
Q3 25
$68.8M
$105.0M
Q2 25
$53.7M
$87.0M
Q1 25
$400.0K
$104.0M
Q4 24
$94.5M
$122.0M
Q3 24
$-30.9M
$171.0M
Q2 24
$29.3M
$55.0M
Q1 24
$32.4M
$80.0M
Free Cash Flow
OEC
OEC
ZG
ZG
Q4 25
$44.2M
$44.0M
Q3 25
$27.9M
$73.0M
Q2 25
$11.5M
$50.0M
Q1 25
$-28.8M
$68.0M
Q4 24
$23.5M
$88.0M
Q3 24
$-78.8M
$138.0M
Q2 24
$-25.4M
$18.0M
Q1 24
$-700.0K
$41.0M
FCF Margin
OEC
OEC
ZG
ZG
Q4 25
10.7%
6.7%
Q3 25
6.2%
10.8%
Q2 25
2.5%
7.6%
Q1 25
-6.0%
11.4%
Q4 24
5.4%
15.9%
Q3 24
-17.0%
23.8%
Q2 24
-5.3%
3.1%
Q1 24
-0.1%
7.8%
Capex Intensity
OEC
OEC
ZG
ZG
Q4 25
11.8%
4.3%
Q3 25
9.1%
4.7%
Q2 25
9.0%
5.6%
Q1 25
6.1%
6.0%
Q4 24
16.4%
6.1%
Q3 24
10.3%
5.7%
Q2 24
11.5%
6.5%
Q1 24
6.6%
7.4%
Cash Conversion
OEC
OEC
ZG
ZG
Q4 25
24.00×
Q3 25
10.50×
Q2 25
5.97×
43.50×
Q1 25
0.04×
13.00×
Q4 24
Q3 24
Q2 24
1.43×
Q1 24
1.21×

Financial Flow Comparison

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

Revenue Breakdown by Segment

OEC
OEC

Rubber$272.0M66%
Specialties$139.7M34%

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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