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Saturday 17 October 2026 Export ZBRA’s income statement to Excel — free account

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.

368.77 8.74 −2.32%
Market cap
$17.9B
P/E
33.5×
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) P/B ratio

Alert me on P/B ratio

As of 16 October 2026, Zebra Technologies Corporation (ZBRA) trades at a P/B ratio of 5.1×. Over the past ten years it has ranged from 2.8× (March 2026) to 12.8× (February 2021); the current reading is higher than 39% of that period. That is above the Communication Equipment industry median of 2.0× and above the Technology sector median of 2.7×.

P/B ratio, daily

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Annual newest first

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%

Quarterly newest first

Period P/B ratio Change
Jun 2026 3.7× 23.82%
Mar 2026 3.0× (14.12%)
Dec 2025 3.4× (14.63%)
Sep 2025 4.0× (7.23%)
42 more quarters

Against its own ten years

Low 2.8× High 12.8×
Ten-year median 5.8×
Current reading's percentile 35

P/B ratio against peers

Company P/B ratio
VSAT Viasat Inc. compare 1.7×
NOK Nokia Corporation compare 2.1×
ERIC Ericsson compare 3.1×
AAOI Applied Optoelectronics, Inc. compare 3.7×
ASTS AST SpaceMobile, Inc. compare 5.1×
ZBRA Zebra Technologies Corporation 5.1×
VIAV Viavi Solutions Inc. compare 5.3×
CIEN Ciena Corporation compare 15.5×
UI Ubiquiti Inc. compare 25.2×
Communication Equipment industry median 2.0×
Technology sector median 2.7×
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 →

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