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Monday 12 October 2026 Export all ZBRA data to Excel Powerpack

Zebra Technologies Corporation

ZBRA Technology Communication Equipment

Zebra Technologies Corporation’s revenue for fiscal 2025 (year ended December 2025) was $5.4 billion, up 8.33% from fiscal 2024. In the quarter to June 2026, revenue grew 20.4%, EPS grew 122.3%, free cash flow grew 52.3% and total debt rose 27.4%, each against the same quarter a year earlier. Member of the S&P 500; insiders bought in the last twelve months.

387.84 0.66 +0.17%
Market cap
$18.3B
P/E
35.2×
Fwd P/E
18.8×
Dividend yield
—
F-score
5/9
Altman Z
3.27
Beneish M
−2.57
Dividend safety
n/a
Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios Filings 10-Q 10-K

Zebra Technologies Corporation (ZBRA) EV/FCF

Alert me on EV/FCF

As of 9 October 2026, Zebra Technologies Corporation (ZBRA) trades at a EV/FCF of 23.4×. Over the past ten years it has ranged from −193× (March 2024) to 327× (December 2023); the current reading is higher than 48% of that period.

EV/FCF, daily

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Annual newest first

Period EV/FCF Change
FY2025 17.7× (20.15%)
FY2024 22.2× —
FY2023 −174× —
FY2022 37.5× 16.76%
FY2021 32.1× 33.11%
FY2020 24.2× 0.21%
FY2019 24.1× 72.38%
FY2018 14.0× (21.92%)
FY2017 17.9× (21.87%)
FY2016 22.9× —

Quarterly newest first

Period EV/FCF Change
Jun 2026 16.8× 9.75%
Mar 2026 15.3× (13.65%)
Dec 2025 17.7× (13.50%)
Sep 2025 20.5× 2.69%
42 more quarters

Against its own ten years

Low −193× High 327×
Ten-year median 23.7×
Current reading's percentile 50

EV/FCF against peers

Company EV/FCF
AAOI Applied Optoelectronics, Inc. compare −14.7×
ASTS AST SpaceMobile, Inc. compare −9.2×
ERIC Ericsson compare 9.5×
ZBRA Zebra Technologies Corporation 23.4×
VSAT Viasat Inc. compare 41.4×
UI Ubiquiti Inc. compare 43.6×
VIAV Viavi Solutions Inc. compare 62.6×
CIEN Ciena Corporation compare 79.2×
NOK Nokia Corporation compare 88.9×

What EV/FCF is

EV/Free CF shows how the value of a whole company, debt included, compares with the free cash its business produces.

((Stock Price × Shares (Basic, Weighted) (latest quarter)) + (Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter)) − Cash & Short Term Investments (latest quarter)) ÷ (Operating Cash Flow (TTM) + Property, Plant, Equipment Change (Net) (TTM) + Intangible Assets Change (Net) (TTM))

The full definition of EV/FCF →

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