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

322.06 0.42 +0.13%

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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/E ratio

Alert me on P/E ratio

As of 5 November 2026, Zebra Technologies Corporation (ZBRA) trades at a P/E ratio of 25.9×. Over the past ten years it has ranged from 0.0× (September 2017) to 445× (March 2018); the current reading is higher than 39% of that period. That is below the Communication Equipment industry median of 29.9× and in line with the Technology sector median of 25.7×.

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

Period	P/E ratio	Change
FY2025	29.5×	(21.60%)
FY2024	37.7×	(19.01%)
FY2023	46.5×	58.25%
FY2022	29.4×	(22.65%)
FY2021	38.0×	(6.64%)
FY2020	40.7×	60.34%
FY2019	25.4×	25.34%
FY2018	20.3×	(93.55%)
FY2017	314×	—
FY2016	0.0×	—

Period	P/E ratio	Change
Sep 2026	29.9×	24.91%
Jun 2026	23.9×	(4.85%)
Mar 2026	25.1×	(14.93%)
Dec 2025	29.5×	(0.69%)
43 more quarters	Free account

Against its own ten years

Low 0.0× High 445×

Ten-year median 28.5×

Current reading's percentile 23

Company	P/E ratio
VSAT Viasat Inc. compare	n/m
AAOI Applied Optoelectronics, Inc. compare	n/m
ASTS AST SpaceMobile, Inc. compare	n/m
ERIC Ericsson compare	17.2×
ZBRA Zebra Technologies Corporation	25.9×
UI Ubiquiti Inc. compare	32.4×
NOK Nokia Corporation compare	47.1×
CIEN Ciena Corporation compare	50.6×
VIAV Viavi Solutions Inc. compare	97.4×
Communication Equipment industry median	29.9×
Technology sector median	25.7×
Market median	17.9×

What P/E ratio is

Price to Earnings Ratio shows how much investors pay for each dollar of a company’s annual profit per share.

Stock Price ÷ EPS (Basic) (TTM)

The full definition of P/E ratio →

Zebra Technologies Corporation (ZBRA) P/E ratio

P/E ratio, daily

Annual newest first

Quarterly newest first

Against its own ten years

P/E ratio against peers

What P/E ratio is

More on ZBRA

P/E ratio, daily

Annual newest first

Quarterly newest first

Against its own ten years

P/E ratio against peers

What P/E ratio is

More on ZBRA

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