Zebra Technologies (ZBRA) EV to EBITDA (2010 - 2026)
Zebra Technologies' (ZBRA) EV to EBITDA was 11.65 for Q2 2026, down 24.3% from 15.39 a year earlier but up 12.2% from the prior quarter.
Zebra Technologies (ZBRA) EV to EBITDA (2010 - 2026) Analysis & Trends
Over the twelve months ended Jul 4, 2026, Zebra Technologies' EV to EBITDA came in at 10.44, down 18.7% year-over-year; for FY2025, it was 13.36, down 35.6% from FY2024.
- By year, EV to EBITDA came in at 20.73 in FY2024 (-2.1%), 21.17 in FY2023 (+18.7%), 17.84 in FY2022 (-33.5%) and 26.81 in FY2021 (+4.8%).
- Five-year quarterly EV to EBITDA spans a low of 10.38 in Q1 2026 and a high of 27.67 in Q2 2024.
- Year over year, EV to EBITDA has now declined in each of the last seven quarters, with an average decline of 18.7% over the last eight quarters.
- The high point for year-over-year EV to EBITDA in five years was Q2 2024 (growth of 95.8%); the low point was Q1 2025 (a decline of 45.7%).
- Per Business Quant data, the three quarters before Q2 2026 came in at 10.38 (Q1 2026), 13.36 (Q4 2025) and 14.81 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Apple | 4,812.19 Bn | 4,559.68 Bn | 54.77 Bn |
| 2 | Cisco Systems | 421.99 Bn | 357.91 Bn | 11.06 Bn |
| 3 | Dell Technologies | 345.43 Bn | 301.18 Bn | 9.83 Bn |
| 4 | Arista Networks | 255.77 Bn | 209.23 Bn | 1.91 Bn |
| 5 | Sandisk | 252.54 Bn | 241.07 Bn | 7.58 Bn |
| 6 | Seagate Technology Holdings | 207.16 Bn | 202.15 Bn | 1.90 Bn |
| 7 | Western Digital | 163.71 Bn | 151.83 Bn | 2.03 Bn |
| 8 | Sony | 143.72 Bn | 94.11 Bn | 6.53 Bn |
| 9 | Lumentum Holdings | 86.25 Bn | 78.06 Bn | 477.30 Mn |
| 10 | Zebra Technologies | 17.79 Bn | 16.34 Bn | 825.00 Mn |
Historic Data
| Date | Value |
|---|---|
| Jul 4, 2026 | 11.65 |
| Apr 4, 2026 | 10.38 |
| Dec 31, 2025 | 13.36 |
| Sep 27, 2025 | 14.81 |
| Jun 28, 2025 | 15.39 |
| Mar 29, 2025 | 14.14 |
| Dec 31, 2024 | 20.73 |
| Sep 28, 2024 | 23.97 |
| Jun 29, 2024 | 27.67 |
| Mar 30, 2024 | 26.06 |
| Dec 31, 2023 | 21.17 |
| Sep 30, 2023 | 14.30 |
| Jul 1, 2023 | 14.13 |
| Apr 1, 2023 | 22.05 |
| Dec 31, 2022 | 17.84 |
| Oct 1, 2022 | 19.18 |
| Jul 2, 2022 | 21.13 |
| Apr 2, 2022 | 19.38 |
| Dec 31, 2021 | 26.81 |
| Oct 2, 2021 | 23.16 |
Zebra Technologies EV to EBITDA 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-ebitda&ticker=ZBRA&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-ebitda", "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-ebitda&ticker=ZBRA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();