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Zebra Technologies ZBRA Price / earnings

Price / earnings at other companies

Avery Dennison logo
Avery DennisonAVY
19.3×-0.9×
HP logo
HPHPQ
7.5×-2.0×
Honeywell International logo
Honeywell InternationalHON
35×+10.9×
Cognex logo
CognexCGNX
57.4×+14.5×
ROP
Roper Technologies, Inc.ROP
21.2×-21.0×
Applied Industrial Technologies logo
Applied Industrial TechnologiesAIT
24.5×+2.3×

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/S-1.1×

Profitability

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Gross margin48.2%-0.6pp
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 the most recent quarter.

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 price / earnings?
Zebra Technologies (ZBRA) reported price / earnings of 24.6× in Q1 2026.
How has Zebra Technologies's price / earnings changed year-over-year?
Zebra Technologies's price / earnings decreased by 6.5% year-over-year, from 26.3× to 24.6×.
What is the long-term trend for Zebra Technologies's price / earnings?
Over 5 years (2020 to 2025), Zebra Technologies's price / earnings has grown at a -6.3% compound annual growth rate (CAGR), from 40.8× to 29.4×.
What does price / earnings mean?
How many dollars investors pay for each dollar of the company's annual profit.
How do you interpret price / earnings?
Lower can mean cheaper — or that the market expects earnings to fall. High multiples embed growth expectations. Meaningless when earnings are negative, so it is suppressed there.
How does price / earnings compare across companies?
Compare against the company's own history and sector peers, not across sectors with different growth and risk profiles.