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Gross margin at other companies

Avery Dennison logo
Avery DennisonAVY
28.8%0.0pp
HP logo
HPHPQ
20.3%-0.8pp
Honeywell International logo
Honeywell InternationalHON
30.8%-1.3pp
Cognex logo
CognexCGNX
68%-0.3pp
ROP
Roper Technologies, Inc.ROP
69.4%+0.5pp
Applied Industrial Technologies logo
Applied Industrial TechnologiesAIT
30.4%+0.1pp

Other financials

Income statement

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Revenue$1.5B+14.3%
Gross profit$742.0M+15.0%
Operating income$215.0M+10.3%
Net income$135.0M-0.7%
EPS (diluted)$2.72+3.8%

Balance sheet

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Cash & equivalents$114.0M-87.0%
Total debt$2.8B+20.7%
Total equity$3.5B-4.3%
Total assets$8.3B+5.5%

Cash flow

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Operating cash flow$176.0M-1.1%
CapEx$13.0M-35.0%
Free cash flow$163.0M+3.2%

Valuation

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Market cap$11.24B-28.8%
Enterprise value$13.98B-18.3%
P/E26.9×-1.9×
P/S-1.1×

Profitability

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Operating margin12.9%-2.3pp
Net margin7.5%-3.2pp
FCF margin15%-4.6pp

Returns & leverage

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Return on equity11.8%-4.4pp
Debt / equity0.8×+0.2×
Current ratio-0.5×

Where this comes from

Calculated from Zebra Technologies’s reported figures.

Based on trailing twelve months.

The official record: Zebra Technologies’s 10-Q, filed May 12, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Zebra Technologies's gross margin?
Zebra Technologies (ZBRA) reported gross margin of 48.2% in Q1 2026.
How has Zebra Technologies's gross margin changed year-over-year?
Zebra Technologies's gross margin decreased by 1.2% year-over-year, from 48.8% to 48.2%.
What is the long-term trend for Zebra Technologies's gross margin?
Over 5 years (2020 to 2025), Zebra Technologies's gross margin has grown at a 1.3% compound annual growth rate (CAGR), from 45% to 48.1%.
What does gross margin mean?
How much of every sales dollar is left after the direct cost of what was sold.
How do you interpret gross margin?
Higher and stable gross margins indicate pricing power and a durable cost structure. A declining trend signals input-cost pressure, pricing competition, or a shift toward lower-margin products.
How does gross margin compare across companies?
Highly comparable within an industry, less so across industries — software runs 70%+ while distributors run in single digits. Track the trend more than the absolute level across sectors.