Zebra Technologies Corporation (ZBRA) is a publicly traded company in the Technology — Communication Equipment industry listed on NASDAQ. This overview shows the latest price, key valuation ratios, profitability metrics and financial-health indicators used by fundamental investors.
Zebra Technologies Corporation, alongside its affiliated entities, delivers enterprise asset intelligence solutions globally within the automatic identification and data capture (AIDC) sector. Operating through its Asset Intelligence & Tracking and Enterprise Visibility & Mobility segments, the company provides a comprehensive suite of products and services.
Analysis Summary
Zebra Technologies Corporation reported revenue of $5.40B in the most recent fiscal year, growing at a 5-year CAGR of 3.9%. Net income reached $419.0M, with a -3.6% 5-year CAGR.
Trailing-twelve-month margins: gross margin 45.9%, operating margin 14.8%, net margin 7.8%. Free cash flow grew at -1.5% CAGR over 5 years.
At the current price of $341.18, ZBRA trades at a P/E of 27.72 and an ROE of 11.68%. Market capitalisation stands at $16.3B, placing it among large-cap names.
Balance sheet quality for ZBRA: current ratio of 1.0, net debt of $2.69B. A debt-to-equity below 1.0 typically signals conservative capital structure, while a current ratio above 1.5 indicates comfortable short-term liquidity.
Cash flow quality is strong: free cash flow of $831.0M represents 198% conversion of reported net income. High conversion (above 90%) suggests earnings translate cleanly into cash; lower conversion may indicate working capital tightness or accounting timing differences.
Price
| Price | $341.18 |
| Market Cap | $16.3B |
| Exchange | NASDAQ |
| Country | US |
Valuation Ratios
| P/E Ratio | 27.72 |
| Price / Book | 3.23 |
| EV / EBITDA | 17.62 |
| Dividend Yield | 0.00% |
Profitability
| Return on Equity | 11.68% |
| Return on Invested Capital | 8.81% |
| Return on Assets | 4.93% |
| Gross Margin | 45.94% |
| Operating Margin | 14.83% |
| Net Margin | 7.77% |
Financial Health
| Debt / Equity | 0.78 |
| Current Ratio | 0.97 |
| Piotroski F-Score | 5 |
| Altman Z-Score | 3.31 |
What to look at in Technology companies
- Revenue growth 3y (>=15%/year) — Validates sustained traction, not a one-off.
- Gross margin (Sub-sector dependent) — SaaS >=70%, Internet >=55%, Semis >=45%, Hardware >=35%.
- FCF / Revenue (>=20%) — Real cash generated. Many tech firms dress up non-GAAP earnings.
- ROIC (>=15%) — Capital reinvested efficiency — Buffett's first metric.
- SBC / Revenue (<10% healthy) — Stock-based compensation. Silent dilution: >20% destroys value.
- Net Debt / EBITDA (<=2x (1.5x SaaS)) — Resilience in downturns and rate hikes.
Peer Comparison
| Symbol | Company | Market Cap | P/E | P/B | ROE |
|---|---|---|---|---|---|
| ZBRA | Zebra Technologies Corporation | $16.3B | 27.72 | 3.23 | 11.7% |
| ENTG | Entegris, Inc. | $19.9B | 65.10 | 4.79 | 7.6% |
| FFIV | F5, Inc. | $23.9B | 33.34 | 6.26 | |
| KSPI | Joint Stock Company Kaspi.kz | $18.6B | 7.36 | 2.90 | 41.3% |
| GEN | Gen Digital Inc. | $18.3B | 18.28 | 7.18 | 41.9% |
| DOCU | DocuSign, Inc. | $13.4B | 45.91 | 8.53 | 17.7% |
| CACI | CACI International Inc | $13.9B | 26.67 | 3.21 | 12.7% |
| DT | Dynatrace, Inc. | $16.1B | 114.22 | 6.93 | 5.7% |
Price Performance
| 1 month | -6.89% |
| 3 months | +44.58% |
| Year-to-date | +40.51% |
| 1 year | +7.52% |
| 3 years | +34.75% |
| 5 years | -40.05% |
52-Week Range
| 52-week High | $386.23 |
| 52-week Low | $199.05 |
| Avg Volume (90d) | 882K |
Related companies: CACI · DOCU · DT · ENTG · FFIV · GEN · KLAR
Explore sector: Technology · Communication Equipment
More sections of ZBRA: Financials · Valuation · Statistics · Estimates · Technical · Ownership · News · Events
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