ZEBRA TECHNOLOGIES CORP
Company Stats
- Market Cap
- $17.7B
- as of Sep 30, 2026
- Enterprise Value
- $20.0B
- Shares Outstanding
- 47.3M
- Free Float
- 99.0%
Income Statement
- Revenue
- $5.4B
- Operating Income
- $700.0M
- Net Income
- $419.0M
- EBITDA
- $771.0M
- Non-cash Impairment
- $45.0M
- Revenue Growth, 3Y
- -2.3%
- FCF Margin, 3Y Avg
- 10.9%
- FCF Margin, Worst Year
- -2.0%
Cash Flow
- Free Cash Flow
- $831.0M
- FCF Yield
- 4.7%
- Owner FCF Yield
- 3.8%
Balance Sheet
- Cash & Equivalents
- $125.0M
- Total Debt
- $2.5B
- Net Debt
- $2.4B
- Net Debt / EBITDA
- 3.09x
- EV / EBITDA
- 26.00x
- Net Debt / EBIT
- 3.41x
Returns & Capital
- Share Repurchases
- $587.0M
- Buyback Yield, 3Y Avg
- 1.3%
- SBC, 3Y Avg
- $102.3M
Cash Flow by Year
| Year | Revenue | FCF | Margin |
|---|---|---|---|
| FY2025 | $5.4B | $831.0M | 15.4% |
| FY2024 | $5.0B | $954.0M | 19.2% |
| FY2023 | $4.6B | -$91.0M | -2.0% |
| FY2022 | $5.8B | $413.0M | 7.1% |
| FY2021 | $5.6B | $1.0B | 17.9% |
Annual filing data through FY ended December 31, 2025; shares and float as of October 8, 2026. Yields and enterprise value use the calculated market cap above, at its as-of date. Ratios are our calculations from reported figures.
Stronger demand supports expansion as pricing diverges