Fundamental analysis · SEC EDGAR · TTM through 04/07/2026
ZBRA · Nasdaq · Industrial
Fundamental quality
62
out of 100
Zebra Technologies Corp earns a fundamental-quality score of 62 out of 100, profiling it as a company of reasonable quality. Its score rests mainly on its financial strength (net debt 2.44× EBITDA). Its weakest area is its growth (revenue +5.1%/yr). Whether it's cheap or expensive depends on the current price, which you can compute in the tool.
Zebra Technologies makes the barcode scanners, label printers and handheld computers used by warehouses, stores and hospitals. If something gets scanned in a supply chain, odds are it's with one of its devices.
EPS growth: 2.8% · Revenue growth: 5.1%
Net margin: 9.2% · ROE: 15.7% · ROIC: 10.8%
Net debt/EBITDA: 2.44x · FCF: 15.5%
Source: SEC EDGAR · TTM through 04/07/2026
The score combines growth, profitability and financial strength. Here its financial strength weighs in its favor, while its growth drags it down the most.
Percentile against the other 69 Industrial companies in our coverage: how far it beats them on each metric (100 = best in sector).
Computed from the daily dataset scores. A high percentile places the company among the best in its sector on that metric; it is not a buy recommendation.
Key concepts
What do these metrics mean? Fundamental analysis · What is the P/E · What is EPS · What is ROE · Net & gross margin · Free cash flow
| Year | Revenue | Net income | Free cash flow | Net debt |
|---|---|---|---|---|
| 2020 | 4,448 | 504 | 895 | 1,077 |
| 2021 | 5,627 | 837 | 1,010 | 659 |
| 2022 | 5,781 | 463 | 413 | 1,918 |
| 2023 | 4,584 | 296 | -91 | 2,083 |
| 2024 | 4,981 | 528 | 954 | 1,270 |
| 2025 | 5,396 | 419 | 831 | 2,377 |
Between 2020 and 2025, revenue went from $4,448M to $5,396M (+21%) and net income went from $504M to $419M (-17%). Meanwhile, its margins have narrowed (from 11% to 8%).
Annual figures in millions of U.S. dollars ($M) per SEC filings. Net debt is total debt minus cash.
Latest results
Figures for the half-year ended July 4, 2026, versus the half-year ended June 28, 2025 (SEC filings):
Compared with the previous close (April 4, 2026), this is what moved in its accounts:
Automatic comparison between the two most recent periods filed with the SEC. One quarter doesn't make a trend: read it alongside the historical evolution above.
This company doesn't pay a dividend: it reinvests all its earnings back into the business.
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Is Zebra Technologies Corp cheap or expensive?
That depends on the current price. Look it up, enter it in the tool and get the full valuation verdict (P/E against its sector).
Compute the valuation →Is Zebra Technologies Corp a good company to invest in?
In terms of business quality, Zebra Technologies Corp scores 62 out of 100 in our analysis, placing it as a company of reasonable quality. That said, this isn't a recommendation: whether it's a good investment also depends on its current price and your goals.
Is Zebra Technologies Corp a profitable company?
Zebra Technologies Corp is profitable, with a net margin of 9.2%, though a thin one.
Does Zebra Technologies Corp have a lot of debt?
A moderate level: its net debt is 2.44 times its EBITDA.
Is Zebra Technologies Corp growing?
Its revenue has grown 5.1% annualized in recent years and its earnings per share 2.8%.
Does Zebra Technologies Corp generate cash?
Yes. It converts about 15.5% of its revenue into free cash flow.
The thresholds are general and the system doesn't judge qualitative factors. See the full methodology and use this analysis as a first filter, never as a final decision.
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Who's behind the methodology and model · how the score is computed
Data: see Zebra Technologies Corp's filings on EDGAR
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