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
Fundamental
51.0Momentum
57.8Acceleration
56.4Confidence
91.0Annual 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
| Period | Revenue | Gross Profit | Operating Income | CFO | FCF | Gross Margin | Op Margin | FCF Margin | ROIC | Shares |
|---|---|---|---|---|---|---|---|---|---|---|
| 2025 FY Dec 31, 2025 | $5.40B | $2.59B | $700.00M | $917.00M | $831.00M | 48.05% | 12.97% | 15.4% | 9.68% | 51.21M |
| 2025 FY Dec 31, 2024 | $4.98B | $2.41B | $742.00M | $1.01B | $954.00M | 48.44% | 14.9% | 19.15% | 12.37% | 51.88M |
| 2025 FY Dec 31, 2023 | $4.58B | $2.12B | $481.00M | -$4.00M | -$91.00M | 46.31% | 10.49% | -1.99% | 8.73% | 51.71M |
| 2024 FY Dec 31, 2022 | $5.78B | $2.62B | $529.00M | $488.00M | $413.00M | 45.39% | 9.15% | 7.14% | 10.86% | 52.56M |
| 2023 FY Dec 31, 2021 | $5.63B | $2.63B | $979.00M | $1.07B | $1.01B | 46.7% | 17.4% | 17.95% | 24.67% | 53.9M |
Formula Trace
| Metric | Value | Formula | Status | Source |
|---|---|---|---|---|
| Revenue TTM | $5.67B | sum latest 4 fiscal quarters Revenue | OK | 0001628280-26-052550, 0001628280-25-046778 |
| Revenue Growth TTM | 14.33% | Revenue_TTM / Revenue_TTM_1Y_ago - 1 | OK | 0001628280-26-052550, 0001628280-25-046778 |
| Revenue CAGR 3Y | -2.27% | (Revenue_current / Revenue_3Y_ago)^(1/3) - 1 | OK | 0001628280-26-007668 |
| Revenue CAGR 5Y | 3.94% | (Revenue_current / Revenue_5Y_ago)^(1/5) - 1 | OK | 0001628280-26-007668 |
| Gross Profit CAGR 3Y | -0.4% | (GrossProfit_current / GrossProfit_3Y_ago)^(1/3) - 1 | OK | 0001628280-26-007668 |
| Operating Income Growth | 26.69% | OperatingIncome_current / OperatingIncome_prior_year - 1 | OK | 0001628280-26-052550, 0001628280-25-046778 |
| FCF Growth | n/a | FCF_current / FCF_prior_year - 1 | INSUFFICIENT_HISTORY | derived |
| Revenue Growth Acceleration | n/a | 0.5*(Q0-Q1)+0.3*(Q1-Q2)+0.2*(Q2-Q3) | INSUFFICIENT_HISTORY | derived |
| Gross Profit Acceleration | n/a | 0.5*(Q0-Q1)+0.3*(Q1-Q2)+0.2*(Q2-Q3) | INSUFFICIENT_HISTORY | derived |
| Operating Income Acceleration | n/a | 0.5*(Q0-Q1)+0.3*(Q1-Q2)+0.2*(Q2-Q3) | INSUFFICIENT_HISTORY | derived |
| FCF Acceleration | n/a | 0.5*(Q0-Q1)+0.3*(Q1-Q2)+0.2*(Q2-Q3) | INSUFFICIENT_HISTORY | derived |
| Gross Margin | 49.73% | Gross Profit / Revenue | OK | 0001628280-26-052550, 0001628280-25-046778 |
| Operating Margin | 15.92% | Operating Income / Revenue | OK | 0001628280-26-052550, 0001628280-25-046778 |
| ROIC | 11.8% | NOPAT / Average Invested Capital | OK | 0001628280-26-052550, 0001628280-25-046778 |
| Net Debt / CFO | n/a | Net Debt / CFO | NOT_MEANINGFUL | 0001628280-26-052550 |
| Current Ratio | 0.52x | Current Assets / Current Liabilities | OK | derived |
| Cash / Debt | 0.06x | (Cash + Short-term Investments) / Total Debt | OK | 0001628280-26-052550 |
| Revenue per Diluted Share | $117.70 | Revenue / Diluted Shares | OK | 0001628280-26-052550, 0001628280-25-046778 |