Zebra Technologies (ZBRA) FCF Margin (2009 - 2026)
Zebra Technologies (ZBRA) posted FCF Margin of 12.72% for Q2 2026, up 2.66 percentage points from 10.05% a year earlier and up 1.81 percentage points from the prior quarter.
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Analysis
Zebra Technologies (ZBRA) FCF Margin (2009 - 2026) Analysis & Trends
For the trailing twelve months through Jul 4, 2026, FCF Margin at Zebra Technologies was 15.46%, down 0.97 percentage points year-over-year; for FY2025, it was 15.40%, down 3.75 percentage points from FY2024.
- Annual FCF Margin shows a five-year change of -4.72 percentage points (FY2020 to FY2025).
- In prior years, Zebra Technologies' FCF Margin was 19.15% in FY2024 (+21.14 pp), -1.99% in FY2023 (-9.13 pp), 7.14% in FY2022 (-10.81 pp) and 17.95% in FY2021 (-2.17 pp).
- Quarterly FCF Margin has run from a low of -6.55% in Q1 2023 to a high of 22.84% in Q2 2024 over five years.
- On a year-over-year basis, FCF Margin increased in five of the last eight quarters, with an average year-over-year change of +3.11 percentage points.
- The strongest year-over-year quarter for FCF Margin in the past five years was Q3 2024, with a gain of 27.20 percentage points; the weakest was Q4 2021, with a drop of 17.12 percentage points.
- According to Business Quant data, FCF Margin for the three prior quarters was 10.90% (Q1 2026), 22.17% (Q4 2025) and 16.36% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Apple | 4,943.67 Bn | 4,691.16 Bn | 54.77 Bn | 29.17% |
| 2 | Cisco Systems | 421.20 Bn | 357.13 Bn | 11.06 Bn | 28.96% |
| 3 | Dell Technologies | 347.85 Bn | 303.60 Bn | 9.83 Bn | 2.10% |
| 4 | Arista Networks | 258.42 Bn | 211.87 Bn | 1.91 Bn | 34.70% |
| 5 | Sandisk | 250.08 Bn | 238.60 Bn | 7.58 Bn | 79.01% |
| 6 | Seagate Technology Holdings | 208.99 Bn | 203.98 Bn | 1.90 Bn | 30.81% |
| 7 | Western Digital | 163.62 Bn | 151.74 Bn | 2.03 Bn | 34.19% |
| 8 | Sony | 143.48 Bn | 93.86 Bn | 6.53 Bn | 6.96% |
| 9 | Hewlett Packard Enterprise | 83.23 Bn | 61.11 Bn | 4.93 Bn | 7.34% |
| 10 | Zebra Technologies | 17.59 Bn | 16.14 Bn | 825.00 Mn | 12.72% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 4, 2026 | 12.72% |
| Apr 4, 2026 | 10.90% |
| Dec 31, 2025 | 22.17% |
| Sep 27, 2025 | 16.36% |
| Jun 28, 2025 | 10.05% |
| Mar 29, 2025 | 12.08% |
| Dec 31, 2024 | 21.59% |
| Sep 28, 2024 | 22.07% |
| Jun 29, 2024 | 22.84% |
| Mar 30, 2024 | 9.45% |
| Dec 31, 2023 | 10.11% |
| Sep 30, 2023 | -5.13% |
| Jul 1, 2023 | -4.28% |
| Apr 1, 2023 | -6.55% |
| Dec 31, 2022 | 16.17% |
| Oct 1, 2022 | 3.41% |
| Jul 2, 2022 | 5.65% |
| Apr 2, 2022 | 2.79% |
| Dec 31, 2021 | 14.45% |
| Oct 2, 2021 | 19.78% |
API Access
Zebra Technologies FCF Margin 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=fcf-margin&ticker=ZBRA&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-margin", "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=fcf-margin&ticker=ZBRA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();