What are Zebra Technologies's profit margins?

Zebra Technologies (ZBRA) runs a 48.2% gross margin and a 12.9% operating margin, with a 7.5% net margin.

Where do Zebra Technologies's ratios come from?

Every ratio is computed from Zebra Technologies's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.

Zebra Technologies ZBRA Ratios & Valuation

Income Statement Balance Sheet Cash Flow Ratios Segments

Quarterly Annual TTM

YoY QoQ

Simplified Detailed

	TTM Q1 '26	TTM Q4 '25	TTM Q3 '25	TTM Q2 '25	TTM Q1 '25
Profitability
Gross margin	48.2%+0.1pp	48.1%-0.3pp	48.4%-0.2pp	48.6%-0.2pp	48.8%+0.3pp
Operating margin	12.9%-0.1pp	13%-2.0pp	15%-0.3pp	15.3%+0.1pp	15.2%+0.3pp
Net margin	7.5%-0.3pp	7.8%-2.0pp	9.7%-0.8pp	10.6%-0.2pp	10.7%+0.1pp
EBITDA margin	16.5%+0.1pp	16.4%-1.8pp	18.2%-0.4pp	18.6%+0.1pp	18.5%+0.2pp
Free cash flow margin	15%-0.4pp	15.4%+0.3pp	15.1%—	——	——
Returns
Return on equity	11.8%+0.1pp	11.7%-2.6pp	14.3%-1.6pp	15.9%-0.3pp	16.2%+0.2pp
Return on assets	5.2%+0.1pp	5.1%-1.4pp	6.5%-0.6pp	7.1%-0.1pp	7.2%+0.3pp
Return on invested capital	9.5%+0.1pp	9.3%-2.5pp	11.8%-0.9pp	12.8%+0.3pp	12.4%+0.5pp
Efficiency
Asset turnover	0.7×0.0×	0.7×0.0×	0.7×0.0×	0.7×0.0×	0.7×0.0×
Inventory turnover	4.2×+0.3×	3.9×-0.2×	4.2×+0.3×	3.9×+0.1×	3.8×+0.3×
Liquidity
Current ratio	1×0.0×	1×-0.6×	1.6×+0.1×	1.5×0.0×	1.4×0.0×
Quick ratio	0.6×0.0×	0.6×-0.6×	1.2×+0.2×	1×0.0×	1×0.0×
Cash ratio	0.1×0.0×	0.1×-0.6×	0.7×+0.1×	0.5×0.0×	0.6×0.0×
Leverage
Debt-to-equity	0.8×+0.1×	0.8×+0.1×	0.6×0.0×	0.7×0.0×	0.7×0.0×
Debt-to-assets	0.3×0.0×	0.3×0.0×	0.3×0.0×	0.3×0.0×	0.3×0.0×
Net debt / EBITDA	3×+0.1×	2.9×+1.5×	1.4×-0.2×	1.5×0.0×	1.6×0.0×
Valuation
Market capitalization	$10.29B-16.4%	$12.3B-18.6%	$15.11B-0.6%	$15.2B+5.2%	$14.45B-27.5%
Enterprise value	$13.02B-12.5%	$14.87B-9.4%	$16.42B-1.6%	$16.69B+4.8%	$15.93B-25.5%
Price / earnings	24.6×-4.8×	29.4×-0.2×	29.5×+1.8×	27.7×+1.4×	26.3×-11.4×
Price / sales	1.8×-0.4×	2.3×-0.6×	2.9×-0.1×	2.9×+0.1×	2.8×-1.2×
Price / book	3×-0.5×	3.4×-0.6×	4×-0.2×	4.2×+0.2×	4×-1.6×
EV / EBITDA	14.2×-2.7×	16.8×-0.4×	17.2×-0.1×	17.3×+0.5×	16.8×-6.6×
EV / sales	2.3×-0.4×	2.8×-0.4×	3.1×-0.1×	3.2×+0.1×	3.1×-1.2×
Free cash flow yield	8.1%+1.4pp	6.8%+1.5pp	5.2%—	——	——
Earnings yield	4.1%+0.7pp	3.4%0.0pp	3.4%-0.2pp	3.6%-0.2pp	3.8%+1.1pp

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Questions, answered.

What are Zebra Technologies's profit margins?: Zebra Technologies (ZBRA) runs a 48.2% gross margin and a 12.9% operating margin, with a 7.5% net margin.
Where do Zebra Technologies's ratios come from?: Every ratio is computed from Zebra Technologies's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.