Zebra Technologies Corp

Chart & Performance

D1W1MN

P/E

27.32

P/S

2.90

EPS

10.38

Div Yield, %

—

Shrs. gr., 5y

-1.01%

Rev. gr., 5y

2.12%

Revenues

4.98b

+8.66%

Net income

528m

+78.38%

CFO

1.01b

Earnings

Jul 28, 2025

Profile

Zebra Technologies Corporation, together with its subsidiaries, provides enterprise asset intelligence solutions in the automatic identification and data capture solutions industry worldwide. It operates in two segments, Asset Intelligence & Tracking and Enterprise Visibility & Mobility. The company designs, manufactures, and sells printers, which produce labels, wristbands, tickets, receipts, and plastic cards; dye-sublimination thermal card printers, which produce images which are used for personal identification, access control, and financial transactions; RFID printers that encode data into passive RFID transponders; accessories and options for our printers, including vehicle mounts and battery chargers; stock and customized thermal labels, receipts, ribbons, plastic cards, and RFID tags for printers; and temperature-monitoring labels primarily used in vaccine distribution. It also provides various maintenance, technical support, repair, and managed and professional services; real-time location systems and services; and tags, sensors, exciters, middleware software, and application software; as well as physical inventory management solutions, and rugged tablets and enterprise-grade mobile computing products and accessories. In addition, the company offers barcode scanners, image capture devices, and RFID readers; and workforce management solutions, workflow execution and task management solutions, and prescriptive analytics solutions, as well as communications and collaboration solutions. It also provides services, including maintenance, technical support, repair, managed and professional services; as well as cloud-based software subscriptions and robotics automation solutions. The company serves retail and e-commerce, manufacturing, transportation and logistics, healthcare, public sector, and other industries through direct sales force, and network of channel partners. The company was founded in 1969 and is headquartered in Lincolnshire, Illinois.

URL

https://www.zebra.com/

IPO date

Aug 15, 1991

Employees

10,500

Domiciled in

Incorporated in

Valuation

Order:

Title USD in thousands, except ratios and share amounts	FY	FY	FY	FY	FY	FY	FY	FY	FY	FY
Title USD in thousands, except ratios and share amounts	2024‑12	2023‑12	2022‑12	2021‑12	2020‑12	2019‑12	2018‑12	2017‑12	2016‑12	2015‑12
Income
Revenues	4,981,000 8.66%	4,584,000 -20.71%	5,781,000 2.74%
Cost of revenue	4,112,000	3,895,000	4,709,000
Unusual Expense (Income)
NOPBT	869,000	689,000	1,072,000
NOPBT Margin	17.45%	15.03%	18.54%
Operating Taxes	107,000	38,000	81,000
Tax Rate	12.31%	5.52%	7.56%
NOPAT	762,000	651,000	991,000
Net income	528,000 78.38%	296,000 -36.07%	463,000 -44.68%
Dividends
Dividend yield
Proceeds from repurchase of equity	(47,000)	(52,000)	(751,000)
BB yield	0.23%	0.37%	5.57%
Debt
Debt current	79,000	215,000	214,000
Long-term debt	2,402,000	2,351,000	2,087,000
Deferred revenue		312,000	333,000
Other long-term liabilities	374,000	94,000	108,000
Net debt	1,580,000	2,267,000	2,036,000
Cash flow
Cash from operating activities	1,013,000	(4,000)	488,000
CAPEX		(87,000)	(75,000)
Cash from investing activities	(57,000)	(92,000)	(968,000)
Cash from financing activities	(190,000)	117,000	253,000
FCF	927,000	213,000	1,153,000
Balance
Cash	901,000	137,000	105,000
Long term investments		162,000	160,000
Excess cash	651,950	69,800
Stockholders' equity	4,817,000	4,279,000	3,971,000
Invested Capital	5,634,050	5,786,200	5,198,000
ROIC	13.34%	11.85%	20.84%
ROCE	13.70%	11.63%	20.33%
EV
Common stock shares outstanding	51,880	51,711	52,559
Price	386.22 41.30%	273.33 6.60%	256.41 -56.92%
Market cap	20,036,981 41.76%	14,134,157 4.88%	13,476,579 -57.99%
EV	21,616,981	16,401,157	15,512,579
EBITDA	1,041,000	865,000	1,276,000
EV/EBITDA	20.77	18.96	12.16
Interest		133,000	23,000
Interest/NOPBT		19.30%	2.15%