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Zebra Technologies Corporation

$350.37 +$102.07 (+41.11%)

NASDAQ · 11 Sep 2026 20:00 UTC

Previous Close

$344.01

Day Range

$348.3$356.76

Year Range

$199.05$386.23

Market Cap

16.69B

AVG Volume

887.52K

Trailing/Forward PE

32.78/15.78

PEG ratio

6.44

Dividend Yield

Next Earnings Date

2026-11-03

Primary Exchange

NASDAQ

Revenue (USD)

ZBRA Revenue (USD) by year
Period	Revenue (USD)
2025	5.4B
2024	4.98B
2023	4.58B
2022	5.78B
2021	5.63B
2020	4.45B
2019	4.49B
2018	4.22B
2017	3.72B
2016	3.57B

Net Income (USD)

ZBRA Net Income (USD) by year
Period	Net Income (USD)
2025	419M
2024	528M
2023	296M
2022	463M
2021	837M
2020	504M
2019	544M
2018	421M
2017	17M
2016	-137M

Operating Income (USD)

ZBRA Operating Income (USD) by year
Period	Operating Income (USD)
2025	783M
2024	742M
2023	481M
2022	529M
2021	979M
2020	651M
2019	692M
2018	610M
2017	322M
2016	80M

EBITDA (USD)

ZBRA EBITDA (USD) by year
Period	EBITDA (USD)
2025	949M
2024	948M
2023	551M
2022	1.14B
2021	1.18B
2020	790M
2019	862M
2018	790M
2017	578M
2016	368M

Cash Flows (USD)

ZBRA Cash Flows (USD) by year
Period	Cash Flows (USD)
2025	831M
2024	954M
2023	-91M
2022	413M
2021	1.01B
2020	895M
2019	624M
2018	721M
2017	428M
2016	295M

EPS (USD)

ZBRA EPS (USD) by year
Period	EPS (USD)
2025	8.17
2024	10.18
2023	5.72
2022	8.8
2021	15.53
2020	9.36
2019	9.98
2018	7.75
2017	0.32
2016	-2.79

Expenses (USD)

ZBRA Expenses (USD) by year
Period	Expenses (USD)
2025	1.76B
2024	1.6B
2023	1.52B
2022	1.63B
2021	1.56B
2020	1.31B
2019	1.33B
2018	1.32B
2017	1.19B
2016	1.21B

Cash & Debt (USD)

ZBRA Cash & Debt (USD) by year
Period	Cash & Debt (USD)
2025	125M
2024	901M
2023	137M
2022	105M
2021	332M
2020	168M
2019	30M
2018	44M
2017	62M
2016	156M

Debt ratios

ZBRA Debt ratios by year
Period	Debt ratios
2025	0.75
2024	0.38
2023	0.62
2022	0.56
2021	0.22
2020	0.41
2019	0.53
2018	0.74

Margins

ZBRA Margins by year
Period	Margins
2025	47.31%
2024	48.44%
2023	46.31%
2022	45.39%
2021	46.7%
2020	45.03%
2019	46.82%
2018	46.97%
2017	45.94%
2016	45.94%

Return on Capital

ZBRA Return on Capital by year
Period	Return on Capital
2025	11.68%
2024	14.72%
2023	9.75%
2022	16.94%
2021	28.05%
2020	23.51%
2019	29.58%
2018	31.54%
2017	2.04%
2016	-17.3%

Shares Outstanding

ZBRA Shares Outstanding by year
Period	Shares Outstanding
2025	50.36M
2024	51.57M
2023	51.37M
2022	51.65M
2021	53.44M
2020	53.36M
2019	53.99M
2018	53.74M
2017	53.21M
2016	51.79M

Book Value Per Share (USD)

ZBRA Book Value Per Share (USD) by year
Period	Book Value Per Share (USD)
2025	71.25
2024	69.54
2023	59.1
2022	52.92
2021	55.84
2020	40.18
2019	34.06
2018	24.84
2017	15.67
2016	15.29

Total Assets (USD)

ZBRA Total Assets (USD) by year
Period	Total Assets (USD)
2025	8.5B
2024	7.97B
2023	7.31B
2022	7.53B
2021	6.21B
2020	5.38B
2019	4.71B
2018	4.34B
2017	4.28B
2016	4.63B

Employee Count

ZBRA Employee Count by year
Period	Employee Count
2025	10.7K
2024	9.9K
2023	9.75K
2022	10.5K
2021	9.8K
2020	8.8K
2019	8.2K
2018	7.4K
2017	7K
2016	6.5K

PE Ratio

ZBRA PE Ratio by year
Period	PE Ratio
Sep 26	32.74
Sep 26	33.89
Aug 26	33.3
Aug 26	34.43
Aug 26	35.13
Aug 26	35.18
Jul 26	35.4
Jul 26	31.31
Jul 26	32.22
Jul 26	32.83
Jul 26	32.19
Jun 26	30.3
Jun 26	28.43
Jun 26	27.52
Jun 26	27.96
May 26	29.35
May 26	30.79
May 26	31.25
May 26	27.17
May 26	27.29
Apr 26	27.37
Apr 26	28.18
Apr 26	26.7
Apr 26	24.38
Mar 26	24.36
Mar 26	24.47
Mar 26	24.36
Mar 26	26.4
Feb 26	26.92
Feb 26	30.7
Feb 26	31.8
Feb 26	25.22
Jan 26	23.57
Jan 26	24.13
Jan 26	25.2
Jan 26	26.03
Jan 26	24.91
Dec 25	24.71
Dec 25	25.25
Dec 25	26.93
Dec 25	26.57
Nov 25	25.36
Nov 25	24.17
Nov 25	24.13
Nov 25	26.04
Oct 25	27.01
Oct 25	28.95
Oct 25	27.49
Oct 25	25.86
Oct 25	28.59
Sep 25	28.1
Sep 25	29.86
Sep 25	29.31
Sep 25	29.41
Aug 25	29.72
Aug 25	30.26
Aug 25	29.8
Aug 25	29.77
Aug 25	31.37
Jul 25	31.41
Jul 25	31.04
Jul 25	30.61
Jul 25	30.29
Jun 25	28.93
Jun 25	27.51
Jun 25	26.53
Jun 25	27.63
May 25	27.11
May 25	26.59
May 25	28.13
May 25	24.95
May 25	23.95
Apr 25	24.05
Apr 25	22.14
Apr 25	22.02
Apr 25	21.83
Mar 25	27.42
Mar 25	28.32
Mar 25	27.25
Mar 25	28.59
Feb 25	30.77
Feb 25	30.38
Feb 25	31.09
Feb 25	49.06
Jan 25	52.91
Jan 25	55.97
Jan 25	54.77
Jan 25	52.04
Jan 25	52.9
Dec 24	52.52
Dec 24	53.06
Dec 24	54.48
Dec 24	55.25
Nov 24	54.94
Nov 24	53.62
Nov 24	52.09
Nov 24	53.9
Nov 24	51.92
Oct 24	80.61
Oct 24	84.05

Free Cash Flow Yield

ZBRA Free Cash Flow Yield by year
Period	Free Cash Flow Yield
Sep 26	5.12%
Sep 26	4.95%
Aug 26	5.04%
Aug 26	4.87%
Aug 26	4.77%
Aug 26	4.77%
Jul 26	5.65%
Jul 26	6.39%
Jul 26	6.21%
Jul 26	6.09%
Jul 26	6.21%
Jun 26	6.6%
Jun 26	7.03%
Jun 26	7.27%
Jun 26	7.15%
May 26	6.81%
May 26	6.5%
May 26	6.4%
May 26	7.3%
May 26	7.27%
Apr 26	7.25%
Apr 26	7.04%
Apr 26	7.43%
Apr 26	8.14%
Mar 26	8.14%
Mar 26	8.1%
Mar 26	8.14%
Mar 26	7.51%
Feb 26	7.37%
Feb 26	6.46%
Feb 26	6.24%
Feb 26	6.13%
Jan 26	6.56%
Jan 26	6.41%
Jan 26	6.14%
Jan 26	5.94%
Jan 26	6.21%
Dec 25	6.26%
Dec 25	6.13%
Dec 25	5.75%
Dec 25	5.82%
Nov 25	6.1%
Nov 25	6.4%
Nov 25	6.41%
Nov 25	5.94%
Oct 25	5.73%
Oct 25	5.38%
Oct 25	5.66%
Oct 25	6.02%
Oct 25	5.44%
Sep 25	5.54%
Sep 25	5.21%
Sep 25	5.31%
Sep 25	5.29%
Aug 25	5.24%
Aug 25	5.14%
Aug 25	5.22%
Aug 25	5.23%
Aug 25	5.81%
Jul 25	5.81%
Jul 25	5.87%
Jul 25	5.96%
Jul 25	6.02%
Jun 25	6.3%
Jun 25	6.63%
Jun 25	6.87%
Jun 25	6.6%
May 25	6.73%
May 25	6.86%
May 25	6.48%
May 25	7.31%
May 25	7.61%
Apr 25	7.51%
Apr 25	8.16%
Apr 25	8.21%
Apr 25	8.28%
Mar 25	6.59%
Mar 25	6.38%
Mar 25	6.63%
Mar 25	6.32%
Feb 25	5.87%
Feb 25	5.95%
Feb 25	5.81%
Feb 25	4.1%
Jan 25	3.8%
Jan 25	3.59%
Jan 25	3.67%
Jan 25	3.86%
Jan 25	3.8%
Dec 24	3.83%
Dec 24	3.79%
Dec 24	3.69%
Dec 24	3.64%
Nov 24	3.66%
Nov 24	3.75%
Nov 24	3.86%
Nov 24	3.73%
Nov 24	3.87%
Oct 24	2.38%
Oct 24	2.29%

Price to Sales

ZBRA Price to Sales by year
Period	Price to Sales
Sep 26	3.02
Sep 26	3.12
Aug 26	3.07
Aug 26	3.17
Aug 26	3.24
Aug 26	3.24
Jul 26	2.65
Jul 26	2.34
Jul 26	2.41
Jul 26	2.46
Jul 26	2.41
Jun 26	2.27
Jun 26	2.13
Jun 26	2.06
Jun 26	2.09
May 26	2.2
May 26	2.31
May 26	2.34
May 26	2.11
May 26	2.12
Apr 26	2.13
Apr 26	2.19
Apr 26	2.07
Apr 26	1.89
Mar 26	1.89
Mar 26	1.9
Mar 26	1.89
Mar 26	2.05
Feb 26	2.09
Feb 26	2.38
Feb 26	2.47
Feb 26	2.46
Jan 26	2.3
Jan 26	2.35
Jan 26	2.46
Jan 26	2.54
Jan 26	2.43
Dec 25	2.41
Dec 25	2.46
Dec 25	2.62
Dec 25	2.59
Nov 25	2.47
Nov 25	2.36
Nov 25	2.35
Nov 25	2.54
Oct 25	2.63
Oct 25	3.06
Oct 25	2.9
Oct 25	2.73
Oct 25	3.02
Sep 25	2.97
Sep 25	3.15
Sep 25	3.09
Sep 25	3.11
Aug 25	3.14
Aug 25	3.19
Aug 25	3.15
Aug 25	3.14
Aug 25	3.37
Jul 25	3.37
Jul 25	3.33
Jul 25	3.29
Jul 25	3.25
Jun 25	3.11
Jun 25	2.95
Jun 25	2.85
Jun 25	2.97
May 25	2.91
May 25	2.85
May 25	3.02
May 25	2.68
May 25	2.57
Apr 25	2.55
Apr 25	2.35
Apr 25	2.33
Apr 25	2.31
Mar 25	2.91
Mar 25	3
Mar 25	2.89
Mar 25	3.03
Feb 25	3.26
Feb 25	3.22
Feb 25	3.3
Feb 25	4.03
Jan 25	4.34
Jan 25	4.59
Jan 25	4.49
Jan 25	4.27
Jan 25	4.34
Dec 24	4.31
Dec 24	4.35
Dec 24	4.47
Dec 24	4.53
Nov 24	4.51
Nov 24	4.4
Nov 24	4.27
Nov 24	4.42
Nov 24	4.26
Oct 24	4.26
Oct 24	4.44

EV/EBITDA

ZBRA EV/EBITDA by year
Period	EV/EBITDA
Sep 26	17.77
Sep 26	18.31
Aug 26	18.03
Aug 26	18.56
Aug 26	18.89
Aug 26	18.91
Jul 26	17.89
Jul 26	16.15
Jul 26	16.53
Jul 26	16.79
Jul 26	16.52
Jun 26	15.72
Jun 26	14.92
Jun 26	14.53
Jun 26	14.72
May 26	15.31
May 26	15.92
May 26	16.12
May 26	14.83
May 26	14.89
Apr 26	14.92
Apr 26	15.28
Apr 26	14.62
Apr 26	13.6
Mar 26	13.59
Mar 26	13.64
Mar 26	13.59
Mar 26	14.49
Feb 26	14.72
Feb 26	16.39
Feb 26	16.88
Feb 26	13.36
Jan 26	12.57
Jan 26	12.84
Jan 26	13.36
Jan 26	13.75
Jan 26	13.22
Dec 25	13.12
Dec 25	13.38
Dec 25	14.19
Dec 25	14.01
Nov 25	13.43
Nov 25	12.86
Nov 25	12.84
Nov 25	13.76
Oct 25	14.23
Oct 25	17.91
Oct 25	17.08
Oct 25	16.16
Oct 25	17.7
Sep 25	17.43
Sep 25	18.42
Sep 25	18.11
Sep 25	18.17
Aug 25	18.34
Aug 25	18.65
Aug 25	18.39
Aug 25	18.37
Aug 25	19.4
Jul 25	19.42
Jul 25	19.21
Jul 25	18.97
Jul 25	18.79
Jun 25	18.02
Jun 25	17.2
Jun 25	16.65
Jun 25	17.28
May 25	16.98
May 25	16.68
May 25	17.56
May 25	15.75
May 25	15.18
Apr 25	14.94
Apr 25	13.87
Apr 25	13.8
Apr 25	13.7
Mar 25	16.81
Mar 25	17.32
Mar 25	16.72
Mar 25	17.46
Feb 25	18.68
Feb 25	18.46
Feb 25	18.86
Feb 25	31.11
Jan 25	33.34
Jan 25	35.12
Jan 25	34.42
Jan 25	32.84
Jan 25	33.34
Dec 24	33.12
Dec 24	33.43
Dec 24	34.26
Dec 24	34.71
Nov 24	34.52
Nov 24	33.75
Nov 24	32.87
Nov 24	33.92
Nov 24	32.77
Oct 24	43.77
Oct 24	45.46

Price/Operating Cashflow

ZBRA Price/Operating Cashflow by year
Period	Price/Operating Cashflow
Sep 26	18.02
Sep 26	18.66
Aug 26	18.34
Aug 26	18.96
Aug 26	19.34
Aug 26	19.37
Jul 26	16.17
Jul 26	14.31
Jul 26	14.72
Jul 26	15
Jul 26	14.71
Jun 26	13.84
Jun 26	12.99
Jun 26	12.57
Jun 26	12.77
May 26	13.41
May 26	14.06
May 26	14.27
May 26	12.41
May 26	12.47
Apr 26	12.51
Apr 26	12.87
Apr 26	12.2
Apr 26	11.14
Mar 26	11.13
Mar 26	11.18
Mar 26	11.13
Mar 26	12.06
Feb 26	12.3
Feb 26	14.03
Feb 26	14.53
Feb 26	14.91
Jan 26	13.94
Jan 26	14.27
Jan 26	14.9
Jan 26	15.39
Jan 26	14.73
Dec 25	14.61
Dec 25	14.93
Dec 25	15.92
Dec 25	15.71
Nov 25	14.99
Nov 25	14.29
Nov 25	14.27
Nov 25	15.39
Oct 25	15.97
Oct 25	17.15
Oct 25	16.29
Oct 25	15.32
Oct 25	16.94
Sep 25	16.65
Sep 25	17.69
Sep 25	17.36
Sep 25	17.43
Aug 25	17.61
Aug 25	17.92
Aug 25	17.65
Aug 25	17.64
Aug 25	16.15
Jul 25	16.18
Jul 25	15.98
Jul 25	15.76
Jul 25	15.6
Jun 25	14.9
Jun 25	14.17
Jun 25	13.67
Jun 25	14.23
May 25	13.96
May 25	13.69
May 25	14.49
May 25	12.85
May 25	12.33
Apr 25	12.53
Apr 25	11.54
Apr 25	11.48
Apr 25	11.38
Mar 25	14.29
Mar 25	14.76
Mar 25	14.2
Mar 25	14.9
Feb 25	16.04
Feb 25	15.83
Feb 25	16.21
Feb 25	22.1
Jan 25	23.83
Jan 25	25.21
Jan 25	24.67
Jan 25	23.44
Jan 25	23.83
Dec 24	23.66
Dec 24	23.9
Dec 24	24.54
Dec 24	24.89
Nov 24	24.75
Nov 24	24.15
Nov 24	23.47
Nov 24	24.28
Nov 24	23.39
Oct 24	35.72
Oct 24	37.25

Price to Book

ZBRA Price to Book by year
Period	Price to Book
Sep 26	5.14
Sep 26	5.32
Aug 26	5.23
Aug 26	5.4
Aug 26	5.51
Aug 26	5.52
Jul 26	4.26
Jul 26	3.77
Jul 26	3.88
Jul 26	3.96
Jul 26	3.88
Jun 26	3.65
Jun 26	3.42
Jun 26	3.32
Jun 26	3.37
May 26	3.54
May 26	3.71
May 26	3.76
May 26	3.17
May 26	3.19
Apr 26	3.2
Apr 26	3.29
Apr 26	3.12
Apr 26	2.85
Mar 26	2.84
Mar 26	2.86
Mar 26	2.85
Mar 26	3.08
Feb 26	3.14
Feb 26	3.58
Feb 26	3.71
Feb 26	3.45
Jan 26	3.22
Jan 26	3.3
Jan 26	3.44
Jan 26	3.56
Jan 26	3.4
Dec 25	3.38
Dec 25	3.45
Dec 25	3.68
Dec 25	3.63
Nov 25	3.46
Nov 25	3.3
Nov 25	3.3
Nov 25	3.56
Oct 25	3.69
Oct 25	4.39
Oct 25	4.17
Oct 25	3.92
Oct 25	4.33
Sep 25	4.26
Sep 25	4.52
Sep 25	4.44
Sep 25	4.46
Aug 25	4.5
Aug 25	4.58
Aug 25	4.51
Aug 25	4.51
Aug 25	4.75
Jul 25	4.76
Jul 25	4.7
Jul 25	4.63
Jul 25	4.59
Jun 25	4.38
Jun 25	4.17
Jun 25	4.02
Jun 25	4.18
May 25	4.1
May 25	4.03
May 25	4.26
May 25	3.78
May 25	3.63
Apr 25	3.54
Apr 25	3.26
Apr 25	3.24
Apr 25	3.21
Mar 25	4.04
Mar 25	4.17
Mar 25	4.01
Mar 25	4.21
Feb 25	4.53
Feb 25	4.47
Feb 25	4.58
Feb 25	5.48
Jan 25	5.91
Jan 25	6.25
Jan 25	6.12
Jan 25	5.81
Jan 25	5.91
Dec 24	5.86
Dec 24	5.92
Dec 24	6.08
Dec 24	6.17
Nov 24	6.13
Nov 24	5.99
Nov 24	5.82
Nov 24	6.02
Nov 24	5.8
Oct 24	5.64
Oct 24	5.88

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