Friday 6 November 2026 Export ZBRA’s income statement to Excel — free account

Zebra Technologies Corporation

Zebra Technologies Corporation’s revenue for fiscal 2025 (year ended December 2025) was $5.4 billion, up 8.33% from fiscal 2024.

Revenue: +22.3%
EPS: +75.2%
Free cash flow: +38.9%
Total debt: +18.3%

Quarter to September 2026, against a year earlier

325.19 3.55 +1.10%

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Market cap: $15.2B
P/E: 25.9×
Fwd P/E: 24.3×
Dividend yield: —
F-score: 5/9
Altman Z: 3.27
Beneish M: −2.57
Dividend safety: n/a

Overview Business Profile Earnings & Analysis Segments Valuation Filings

Zebra Technologies Corporation (ZBRA) P/B ratio

Alert me on P/B ratio

As of 5 November 2026, Zebra Technologies Corporation (ZBRA) trades at a P/B ratio of 4.3×. Over the past ten years it has ranged from 2.8× (March 2026) to 12.8× (February 2021); the current reading is higher than 21% of that period. That is above the Communication Equipment industry median of 1.7× and above the Technology sector median of 2.5×.

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<iframe src="https://stockrow.com/embed/ZBRA/pb-ratio" width="100%" height="360" style="border:0" loading="lazy" title="Zebra Technologies Corporation P/B ratio, 10 years"></iframe>
<p style="font-size:12px">Source: <a href="https://stockrow.com/ZBRA/metrics/pb-ratio">Zebra Technologies Corporation (ZBRA) P/B ratio — stockrow.com</a></p>

Period	P/B ratio	Change
FY2025	3.4×	(37.99%)
FY2024	5.5×	22.30%
FY2023	4.5×	(8.76%)
FY2022	5.0×	(53.37%)
FY2021	10.7×	11.28%
FY2020	9.6×	27.74%
FY2019	7.5×	17.32%
FY2018	6.4×	(3.05%)
FY2017	6.6×	17.38%
FY2016	5.6×	41.22%

Period	P/B ratio	Change
Sep 2026	4.9×	35.26%
Jun 2026	3.7×	23.82%
Mar 2026	3.0×	(14.12%)
Dec 2025	3.4×	(14.63%)
43 more quarters	Free account

Against its own ten years

Low 2.8× High 12.8×

Ten-year median 5.7×

Current reading's percentile 20

Company	P/B ratio
NOK Nokia Corporation compare	1.7×
VSAT Viasat Inc. compare	1.7×
AAOI Applied Optoelectronics, Inc. compare	1.9×
ERIC Ericsson compare	3.0×
ASTS AST SpaceMobile, Inc. compare	3.8×
ZBRA Zebra Technologies Corporation	4.3×
VIAV Viavi Solutions Inc. compare	4.9×
CIEN Ciena Corporation compare	10.9×
UI Ubiquiti Inc. compare	21.6×
Communication Equipment industry median	1.7×
Technology sector median	2.5×
Market median	1.7×

What P/B ratio is

Price to Book Value tells an investor how much the market pays for a company’s shares relative to the accounting net worth that belongs to common shareholders.

Stock Price ÷ (Common Equity (Total) (latest quarter) ÷ Shares (Basic, Weighted) (latest quarter))

The full definition of P/B ratio →

Zebra Technologies Corporation (ZBRA) P/B ratio

P/B ratio, daily

Annual newest first

Quarterly newest first

Against its own ten years

P/B ratio against peers

What P/B ratio is

More on ZBRA

P/B ratio, daily

Annual newest first

Quarterly newest first

Against its own ten years

P/B ratio against peers

What P/B ratio is

More on ZBRA

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