Stock Analysis
Zebra Technologies CorporationZBRA
P/E 32.39×· 5Y range 17.83–73.35×· 59th percentile of history
Sector: Industrials · Industry: General Industrial Machinery & Equipment
AnalystsStrong Buy25 analystsP/E 32.4× sits at the 59th percentile of its 5.086926762491444-year history.
Cash covers 5% of debt · FY 2025.
PMP Verdict
Mixed fundamentals, fairly valued
Strengths
- Quality85
- Financial Health68
Risks
- Growth25
Mixed picture — no clear quality or value edge.
Market context
-2.3% today· Z 2.0σ
Bull Case
- ✓Altman Z 4.1 — safe-zone balance sheet
- ✓ROE 15.0% — efficient capital deployment
- ✓Interest coverage 195.8× — debt well covered
What's happening with ZBRA
Profile
Strong earnings quality; growth lags behind.
How is each axis scored?
- Valuation64/100 · Moderate
- P/E vs own history (59th pct)12/25
- FCF yield (5.2%)20/25
- P/S (3.0x)20/25
- EV/EBIT (23.0x)12/25
- Growth25/100 · Weak
- Revenue CAGR (-1.0%)0/25
- Net income CAGR (-15.9%)0/25
- EPS CAGR 5Y (-14.8%)0/25
- Fwd implied growth (95.9%)25/25
- Profitability57/100 · Moderate
- ROIC (11.6%)12/25
- ROE (15.0%)20/25
- Net margin (9.2%)13/25
- Operating margin (14.7%)12/25
- Financial Health68/100 · Moderate
- Altman Z (4.08)25/25
- Current ratio (0.97)6/25
- Interest coverage (195.8x)25/25
- Net cash / debt (D/A 26%)12/25
- Quality85/100 · Strong
- Piotroski F (5/9)15/25
- Beneish M (-2.94)25/25
- FCF conversion (168%)25/25
- Margin stability (σ 5.2%)20/25
- Moat56/100 · Moderate
- ROIC >12% years (5/10 yrs)13/25
- Median gross margin (46.5%)20/25
- FCF-positive years (9/10 yrs)18/25
- Worst-year net margin (worst -3.8%)5/25
Risk Flags
- ⚠Revenue shrinking 1.0%/yr
About Zebra Technologies Corporation
Zebra Technologies is the largest provider of automatic identification and data capture technology to enterprises. Show more
Its solutions include barcode printers and scanners, mobile computers, and workflow optimization software. The firm primarily serves the retail, transportation logistics, manufacturing, and healthcare markets, designing custom solutions to improve efficiency at its customers.
Headquarters: LINCOLNSHIRE, IL · Employees: 10,700 · Website ↗
Price History
Weekly Candlestick Chart — up to 5Y
Key Metrics
Financial snapshot · Tap any metric for its definition and grade
TTM Snapshot
trailing twelve months · YoYValuation
64BP/E (TTM)32.4xC
Grade C: ExpensivePrice / TTM EPS (own statements) — vs own 5Y history: 17.8x–73.4x · 59th pct
P/FCF19.4xB
Grade B: FairPrice / Free Cash Flow per share (Finnhub). Inverse of FCF yield — negative when FCF is negative
FCF Yield5.2%A
Grade A: ValueTTM (OCF − CapEx) / Market Cap — vs own 5Y history: 0.3%–9.0% · 68th pct
P/S (TTM)2.99xB
Grade B: FairPrice / TTM Revenue (own statements) — vs own 5Y history: 1.9x–6.1x · 55th pct
EV/EBIT23.0xC
Grade C: ExpensiveEnterprise value / TTM EBIT (D&A not in our data) — capital-structure neutral — vs own 5Y history: 15.4x–50.2x · 40th pct
EV/Sales3.4xB
Grade B: FairEnterprise Value / TTM Revenue (Finnhub) — capital-structure neutral sales multiple
Forward P/E16.5xB
Grade B: FairPrice / next-year EPS estimate — shows whether the TTM multiple is rich or just front-loading growth
P/B Ratio4.87xC
Grade C: ExpensivePrice to Book Value. Neg. equity = heavy buybacks
PEG Ratio2.22C
Grade C: ExpensiveFinnhub PEG — their P/E basis ÷ expected EPS growth. Suppressed when their P/E diverges >2× from our TTM P/E (different basis)
Dividend Yield—
TTM dividend yield (Finnhub) — annual dividends / price. None = no dividend; very high yield can signal distress
Payout Ratio—
Dividends / Net Income (Finnhub) — share of earnings paid out; >90% or negative = unsustainable
Profitability
57CROIC11.6%C
Grade C: AverageNOPAT (EBIT less ~21% tax) / invested capital (equity + debt − cash). Flagship quality metric — durable >15% signals a moat
ROE15.0%C
Grade C: AverageReturn on Equity. Neg. equity = heavy buybacks
ROA6.4%C
Grade C: AverageReturn on Assets (Finnhub) — Net Income / Total Assets; how efficiently assets produce profit
Net Margin9.2%C
Grade C: AverageNet Income / Revenue
Operating Margin14.7%C
Grade C: AverageTTM EBIT / TTM Revenue
Gross Margin49.6%C
Grade C: AverageGross Profit / Revenue
FCF Margin15.5%A
Grade A: HighFCF / Revenue
True FCF Margin12.5%A
Grade A: HighTTM (OCF − CapEx − SBC) / TTM Revenue — SBC treated as a real cost
Growth
25ERevenue CAGR-1.0%D
Grade D: LowCompound annual revenue growth (up to 5Y depending on data availability)
Net Income CAGR-15.9%D
Grade D: LowCompound annual net income growth (up to 5Y depending on data availability)
EPS CAGR (5Y)-14.8%D
Grade D: LowCompound annual EPS growth over up to 5Y of per-share earnings (own statements). Null when either endpoint EPS ≤ 0
Implied EPS Growth95.9%A
Grade A: HighAnalyst forward EPS (normalized basis) vs our GAAP TTM EPS — different bases, so extreme values usually mark cyclically depressed TTM earnings, not real growth
Dilution (5Y)-12.3%A
Grade A: BuybacksShare count change over 5Y
SBC / Net Income32.3%D
Grade D: HighStock-based comp/Net income. >30% = dilution risk
SBC / Revenue3.0%A
Grade A: LowTTM stock-based comp / TTM Revenue
Financial Health
68BAltman Z-Score4.08A
Grade A: SafeBankruptcy risk. >3 Safe, <1.8 Distress
Current Ratio0.97xD
Grade D: LowCurrent Assets/Liabilities
Quick Ratio0.30xD
Grade D: Low(Current Assets − Inventory) / Current Liabilities (Finnhub) — stricter liquidity test, excludes inventory
Interest Coverage195.8xA
Grade A: StrongEBIT/Interest. >10 Strong
Debt Repayment2.5yA
Grade A: FastYears to repay net debt via FCF
Net Debt/EBIT2.6xC
Grade C: MedLeverage. <2x Low, >4x High
Debt/Equity0.66xA
Grade A: LowDebt / Equity: <1 Conservative, >2 Risky. Not meaningful with non-positive equity; shown as unavailable rather than low debt.
Cash / Debt0.05xD
Grade D: ThinCash covers how much of total debt. >1 = could repay all debt from cash
Quality
85APiotroski F-Score5/9C
Grade C: AverageFinancial strength 0–9. >7 Strong
Beneish M-Score-2.94A
Grade A: SafeEarnings manipulation risk. < -2.22 Safe
FCF Conversion167.7%A
Grade A: StrongFCF / Net Income
Margin Stability5.2%A
Grade A: StableEBIT margin std deviation. Lower = stable
Capex / Revenue1.3%A
Grade A: Asset-lightTTM CapEx / TTM Revenue — high % = capital-hungry business
Asset Turnover0.70xC
Grade C: AverageRevenue / Total Assets (Finnhub) — how efficiently the asset base generates sales
Insider Transactions
SEC Form 4 · 8 recordsP/S codes are the directional signal; grants, option exercises and tax withholding carry none. Form 4 doesn't flag 10b5-1 plans — scheduled sales may appear within open-market sells.
| Trade date | Insider | Transaction | Shares | Filed |
|---|---|---|---|---|
Connly Linda Filed | Connly Linda | SellOpen market sale | -500 | |
Cho Michael Filed | Cho Michael | SellOpen market sale | -3500 | |
Luff Loizides Melissa Filed | Luff Loizides Melissa | Tax withholding | -46 | |
Luff Loizides Melissa Filed | Luff Loizides Melissa | SellOpen market sale | -500 | |
Connly Linda Filed | Connly Linda | Grant / award | +951 |
Show 3 more filingsShow fewer filings
| Trade date | Insider | Transaction | Shares | Filed |
|---|---|---|---|---|
Dhanasekaran Satish Filed | Dhanasekaran Satish | Grant / award | +951 | |
Miller Kenneth Bradley Filed | Miller Kenneth Bradley | Grant / award | +951 | |
Modruson Frank Blaise Filed | Modruson Frank Blaise | Grant / award | +951 |
More metrics — Moat, Per Share, Balance Sheet, MarketHide additional metrics
Moat
56CROIC >12% Years5/10 yrsC
Grade C: ModerateShare of completed fiscal years with ROIC > 12% — measures multi-year capital-return durability
Gross Margin (Med.)46.5%A
Grade A: DurableMedian annual gross margin across available fiscal years — pricing-power durability
FCF-Positive Years9/10 yrsA
Grade A: DurableShare of completed fiscal years with positive free cash flow
Net Margin Floor-3.8%D
Grade D: WeakWeakest annual net margin across completed fiscal years — recession/downcycle resilience
Per Share
EPS (TTM)$11.39
Own TTM net income / shares — same earnings basis as P/E
Cash / Share$3.31
Cash & short-term investments per share (Finnhub)
Book Value / Share$72.49
Shareholders' equity per share (Finnhub). Negative = accumulated losses / heavy buybacks
Balance Sheet
Total Debt$2.36B
Total debt obligations (short + long term)
Cash & Equiv.$125.00M
Cash and short-term investments
Net Debt$2.24B
Total Debt minus Cash. Negative = Net Cash position
Total Equity$3.59B
Shareholders' equity (book value)
Asset / Liability1.73xC
Grade C: AdequateTotal Assets / Total Liabilities
Market
Market Cap$17.46B
Current Market Capitalization
Beta1.63C
Grade C: VolatilePrice sensitivity vs the market (Finnhub) — 1.0 moves with market, >1.2 amplifies swings
How grades work: each metric is graded A–D against fixed thresholds (tap a row for the meaning). Card grades map the pillar score to A+–E — a card grade is that pillar's own score, not an average of the rows shown.
Financials as of Jul 2026 · Ratio snapshot Oct 17, 2026
Key Insights: Zebra Technologies Corporation (ZBRA)
ZBRA is down 2.25% at the last close. Piotroski F-Score of 5/9 indicates mixed fundamentals for Zebra Technologies Corporation. Altman Z-Score of 4.08 sits comfortably in the safe zone (≥ 2.99), indicating low bankruptcy risk. Beneish M-Score of -2.94 suggests a low likelihood of earnings manipulation.
- Revenue has been contracting (CAGR ≈ -1%), which weighs on the growth outlook.
- Zebra Technologies Corporation converts about 15% of revenue into free cash flow — strong cash generation.
- Takes ~2.5 years to repay net debt from free cash flow.
- Zebra Technologies Corporation posted a net loss in 1 of 10 available completed fiscal years (2016–2025).
See how ZBRA ranks on the Capex Tracker — top 50 capital spenders compared.
Recent Market Moves
See all ZBRA moves →| Date | Session | Price | Move | Z-Score |
|---|---|---|---|---|
| Oct 16 | Regular | 368.14 | -2.48% | -2.13 |
| Oct 14 | After-hours | 376.88 | -2.51% | -2.55 |
| Sep 22 | Regular | 362.62 | +3.36% | 2.16 |
Frequently Asked Questions about ZBRA
What is the current Zebra Technologies Corporation (ZBRA) stock price?
ZBRA is trading at $369.01 at the last market close, down 2.25% on the session. PreMarketPrice tracks ZBRA pre-market, intraday and after-hours prices.
Is ZBRA stock a buy right now?
PreMarketPrice's quantitative model rates Zebra Technologies Corporation's financial health at 68/100. This is a data-driven snapshot of fundamentals, not investment advice.
Is ZBRA stock overvalued?
Zebra Technologies Corporation trades at a trailing P/E of 32.4 and our valuation score rates it 64/100 (higher = cheaper vs. its own history). See the Valuation History and Key Metrics sections for forward P/E, EV/EBITDA and PEG context.
When does Zebra Technologies Corporation report earnings?
No confirmed earnings date is currently scheduled for ZBRA. The Earnings section lists recent reports and updates as dates are announced.
What sector does Zebra Technologies Corporation operate in?
Zebra Technologies Corporation operates in the Industrials sector, within the General Industrial Machinery & Equipment industry. The Related Stocks section lists sector peers for comparison.
What does Zebra Technologies Corporation do?
Zebra Technologies is the largest provider of automatic identification and data capture technology to enterprises.
About Zebra Technologies Corporation (ZBRA) Stock
Zebra Technologies Corporation (ZBRA) is a US-listed stock operating in the Industrials sector, specifically the General Industrial Machinery & Equipment industry. As of the latest update, Zebra Technologies Corporation is trading at $369.01, down 2.25% on the day with a market capitalization of $17.5 billion. The financial health score for ZBRA is 68/100, which indicates good financial strength based on profitability, leverage, liquidity, and growth metrics. This page provides real-time pre-market pricing, earnings calendar, financial health analysis, and valuation metrics for ZBRA stock.
ZBRA Stock Analysis & Key Metrics
On PreMarketPrice, you can track Zebra Technologies Corporation (ZBRA) across multiple dimensions:
- Pre-market price & movement: Real-time ZBRA stock price with percentage change, updated continuously during pre-market and regular trading hours.
- Valuation & P/E history: Historical P/E, P/S, and P/B ratios for ZBRA with trend analysis and normalized valuation multiples.
- Financial statements: Revenue, net income, assets, liabilities, and equity for Zebra Technologies Corporation across multiple reporting periods.
- Financial health score: A composite score of 68/100 based on Altman Z-Score, Piotroski F-Score, profitability, and leverage metrics for ZBRA.
- Sector peers: Compare ZBRA against 6 other industrials stocks on key financial metrics.
Is ZBRA a Good Stock to Buy?
This page provides data-driven analysis to help you evaluate Zebra Technologies Corporation (ZBRA) as an investment. The financial health score of 68/100 suggests good financial fundamentals. Valuation metrics show whether the stock is trading above or below its historical average.However, this is not financial advice — always do your own research before investing.
Data on this page is sourced from real-time market feeds, Polygon.io, and Finnhub.Zebra Technologies Corporation (ZBRA) trades on NYSE/NASDAQ. Pre-market trading occurs 4:00 AM – 9:30 AM ET. Regular market hours are 9:30 AM – 4:00 PM ET.