Zebra Technologies (ZBRA) EV to CFO (2010 - 2026)
Zebra Technologies' EV to CFO came in at 12.75 for Q2 2026, down 20.6% from 16.06 a year earlier but up 22.2% from the prior quarter.
Zebra Technologies (ZBRA) EV to CFO (2010 - 2026) Analysis & Trends
Over the trailing twelve months to Jul 4, 2026, Zebra Technologies reported EV to CFO of 11.43, down 14.7% year-over-year; for FY2025, it was 12.89, down 31.1% from FY2024.
- Going back by year, EV to CFO was 18.70 in FY2024, 26.79 in FY2022 (-8.4%) and 29.24 in FY2021 (+38.0%).
- The five-year range for quarterly EV to CFO is 10.43 (Q1 2026) to 99.07 (Q3 2023).
- Year-over-year, EV to CFO has declined for six consecutive quarters, with an average decline of 43.1% over the last seven quarters.
- The fastest year-over-year change in EV to CFO over five years came in Q3 2023 (growth of 234.5%), and the weakest in Q1 2025 (a decline of 83.9%).
- Business Quant data shows ZBRA's EV to CFO at 10.43 (Q1 2026), 12.89 (Q4 2025) and 16.32 (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Apple | 4,865.08 Bn | 4,612.57 Bn | 54.77 Bn |
| 2 | Cisco Systems | 424.71 Bn | 360.64 Bn | 11.06 Bn |
| 3 | Dell Technologies | 344.52 Bn | 300.28 Bn | 9.83 Bn |
| 4 | Arista Networks | 256.79 Bn | 210.25 Bn | 1.91 Bn |
| 5 | Sandisk | 254.02 Bn | 242.55 Bn | 7.58 Bn |
| 6 | Seagate Technology Holdings | 209.18 Bn | 204.17 Bn | 1.90 Bn |
| 7 | Western Digital | 164.06 Bn | 152.19 Bn | 2.03 Bn |
| 8 | Sony | 144.83 Bn | 95.22 Bn | 6.53 Bn |
| 9 | Lumentum Holdings | 86.05 Bn | 77.87 Bn | 477.30 Mn |
| 10 | Zebra Technologies | 17.66 Bn | 16.21 Bn | 825.00 Mn |
Historic Data
| Date | Value |
|---|---|
| Jul 4, 2026 | 12.75 |
| Apr 4, 2026 | 10.43 |
| Dec 31, 2025 | 12.89 |
| Sep 27, 2025 | 16.32 |
| Jun 28, 2025 | 16.06 |
| Mar 29, 2025 | 12.57 |
| Dec 31, 2024 | 18.70 |
| Sep 28, 2024 | 21.62 |
| Jun 29, 2024 | 29.91 |
| Mar 30, 2024 | 78.03 |
| Sep 30, 2023 | 99.07 |
| Jul 1, 2023 | 67.50 |
| Apr 1, 2023 | 45.45 |
| Dec 31, 2022 | 26.79 |
| Oct 1, 2022 | 29.62 |
| Jul 2, 2022 | 22.52 |
| Apr 2, 2022 | 24.01 |
| Dec 31, 2021 | 29.24 |
| Oct 2, 2021 | 21.31 |
| Jul 3, 2021 | 24.88 |
Zebra Technologies EV to CFO API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ev-to-cfo&ticker=ZBRA&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-cfo", "ticker": "ZBRA", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=ev-to-cfo&ticker=ZBRA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();