ZBRA

ZEBRA TECHNOLOGIES CORP

Nasdaq · CIK 877212

Last close375.86
Daily change+0.41 (0.11%)
10 Years gain+437.56%
Dividends TTM0
Dividend yield0.00%

Fundamental Analysis

ZBRA · STANDARD

SIC 3560 · General Industrial Machinery & Equipment · Fiscal year end 1231

Screener
Fundamental
51.0
Momentum
57.8
Acceleration
56.4
Confidence
91.0
Annual Revenue18
Quarterly Revenue72
Annual CFO17
Balance SheetAvailable
RankingEligible

Score Breakdown

Growth9.3 / 25
Quality18.7 / 25
Capital Efficiency9.6 / 20
Balance Sheet2.9 / 15
Shareholder Economics9.4 / 10
Forward Indicators1.1 / 5

Signals

Gross margin expansionGross margin improved by 1.0887 percentage points.
Operating leverageOperating margin improved by 1.553 percentage points.
ROIC expansionROIC improved by 0.8812 percentage points.
Share count reductionDiluted share count declined 7.0981%.
Strong operating leverageOperating income is growing faster than revenue while operating margin expands.

Warnings

Receivables anomaly · MEDIUMAccounts receivable growth is materially above revenue growth.

Key Metrics

Revenue Growth TTM14.33%OK
Revenue CAGR 3Y-2.27%OK
Gross Margin49.73%OK
Operating Margin15.92%OK
FCF Marginn/aMISSING
FCF Growthn/aINSUFFICIENT_HISTORY
ROIC11.8%OK
Incremental Operating Margin 3Yn/aNOT_MEANINGFUL
Net Debt / CFOn/aNOT_MEANINGFUL
Diluted Share Growth 1Y-7.1%OK
SBC / Revenuen/aMISSING
SBC / FCFn/aNOT_MEANINGFUL

Financial History

PeriodRevenueGross ProfitOperating IncomeCFOFCFGross MarginOp MarginFCF MarginROICShares
2025 FY Dec 31, 2025$5.40B$2.59B$700.00M$917.00M$831.00M48.05%12.97%15.4%9.68%51.21M
2025 FY Dec 31, 2024$4.98B$2.41B$742.00M$1.01B$954.00M48.44%14.9%19.15%12.37%51.88M
2025 FY Dec 31, 2023$4.58B$2.12B$481.00M-$4.00M-$91.00M46.31%10.49%-1.99%8.73%51.71M
2024 FY Dec 31, 2022$5.78B$2.62B$529.00M$488.00M$413.00M45.39%9.15%7.14%10.86%52.56M
2023 FY Dec 31, 2021$5.63B$2.63B$979.00M$1.07B$1.01B46.7%17.4%17.95%24.67%53.9M

Formula Trace

MetricValueFormulaStatusSource
Revenue TTM$5.67Bsum latest 4 fiscal quarters RevenueOK0001628280-26-052550, 0001628280-25-046778
Revenue Growth TTM14.33%Revenue_TTM / Revenue_TTM_1Y_ago - 1OK0001628280-26-052550, 0001628280-25-046778
Revenue CAGR 3Y-2.27%(Revenue_current / Revenue_3Y_ago)^(1/3) - 1OK0001628280-26-007668
Revenue CAGR 5Y3.94%(Revenue_current / Revenue_5Y_ago)^(1/5) - 1OK0001628280-26-007668
Gross Profit CAGR 3Y-0.4%(GrossProfit_current / GrossProfit_3Y_ago)^(1/3) - 1OK0001628280-26-007668
Operating Income Growth26.69%OperatingIncome_current / OperatingIncome_prior_year - 1OK0001628280-26-052550, 0001628280-25-046778
FCF Growthn/aFCF_current / FCF_prior_year - 1INSUFFICIENT_HISTORYderived
Revenue Growth Accelerationn/a0.5*(Q0-Q1)+0.3*(Q1-Q2)+0.2*(Q2-Q3)INSUFFICIENT_HISTORYderived
Gross Profit Accelerationn/a0.5*(Q0-Q1)+0.3*(Q1-Q2)+0.2*(Q2-Q3)INSUFFICIENT_HISTORYderived
Operating Income Accelerationn/a0.5*(Q0-Q1)+0.3*(Q1-Q2)+0.2*(Q2-Q3)INSUFFICIENT_HISTORYderived
FCF Accelerationn/a0.5*(Q0-Q1)+0.3*(Q1-Q2)+0.2*(Q2-Q3)INSUFFICIENT_HISTORYderived
Gross Margin49.73%Gross Profit / RevenueOK0001628280-26-052550, 0001628280-25-046778
Operating Margin15.92%Operating Income / RevenueOK0001628280-26-052550, 0001628280-25-046778
ROIC11.8%NOPAT / Average Invested CapitalOK0001628280-26-052550, 0001628280-25-046778
Net Debt / CFOn/aNet Debt / CFONOT_MEANINGFUL0001628280-26-052550
Current Ratio0.52xCurrent Assets / Current LiabilitiesOKderived
Cash / Debt0.06x(Cash + Short-term Investments) / Total DebtOK0001628280-26-052550
Revenue per Diluted Share$117.70Revenue / Diluted SharesOK0001628280-26-052550, 0001628280-25-046778