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ZB

Zebra Technologies Corporation

ZBRATechnologyNASDAQ

Communication Equipment · Last scanned Jun 3, 2026

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Financials · Annual
Revenue
$5.40B
+8.3% YoY
Net Income
$419.0M
-20.6% YoY
EBITDA
$853.0M
-5.7% YoY
Free Cash Flow
$559.0M

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About Zebra Technologies Corporation

Zebra Technologies Corporation, together with its subsidiaries, operates in the automatic identification and data capture solutions industry worldwide. At a $12.12B market cap, Zebra Technologies Corporation ranks as a large-cap company within technology. It operates in two segments, Connected Frontline, and Asset Visibility and Automation.

Key stats
Market Cap$12.12B
P/E (TTM)30.77
Fwd P/E12.29
EPS$8.27
Beta1.62
52W Change-12.6%
ROE11.8%
Analysis

On the balance sheet, ZBRA has $114.0M in cash with $2.85B in obligations. The ability to service this debt comfortably depends on continued operational cash generation. Annual free cash flow of $559.0M supports ongoing capital allocation decisions and provides a cushion against unexpected expenses or downturns. Return on equity stands at 11.8%, which is decent for the sector. ROE measures how effectively a company uses shareholder capital to generate profits. An ROA of 6.4% suggests reasonable efficiency in deploying the company's asset base. Revenue has been relatively flat, moving from $5.78B (2022) to $5.40B (2025).

With a beta above 1.5, ZBRA tends to amplify broader market moves — both up and down. This higher volatility means larger price swings are common. The debt-to-cash ratio suggests meaningful leverage on the balance sheet, a factor worth monitoring if credit conditions tighten. No single metric tells the full story. Reviewing ZBRA's risk profile alongside its fundamentals and technical indicators provides a more complete picture.

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ZBRA — Zebra Technologies Corporation Technical Analysis | Scanance