Zebra Technologies (ZBRA) FCF Margin (2009 - 2026)
Zebra Technologies' (ZBRA) quarterly FCF Margin came in at 12.72% in Q3 2026, up 266.0% on a YoY basis from 3.47% in Q3 2025, and up 16.64% quarter-over-quarter from 10.9% in Q2 2026.
Analysis
Zebra Technologies (ZBRA) FCF Margin (2009 - 2026) Analysis & Trends
Zebra Technologies (ZBRA) has reported FCF Margin for 18 consecutive years, with 12.72% the latest figure, recorded in Q3 2026.
- For the quarter ending Q3 2026, FCF Margin rose 266.0% year-over-year to 12.72%; the trailing twelve-month figure through Jul 2026 stood at 15.46% (down 97.0% YoY), and the FY2025 full-year result was 15.4%, down 375.0% from the prior year.
- FCF Margin climbed to 12.72% in Q3 2026 per ZBRA's latest filing, from 10.9% in the prior quarter.
- Across five years, FCF Margin topped out at 22.84% in Q2 2024 and bottomed at 6.55% in Q2 2023.
- Historically, FCF Margin has averaged 10.13% across 5 years, with a median of 10.51% in 2023.
- The sharpest annual moves came in 2022 and 2024: FCF Margin slumped 1637 bps in 2022, then jumped 2720 bps in 2024.
- Over 5 years, FCF Margin stood at 16.17% in 2022, then sank by 37 bps to 10.11% in 2023, then soared by 114 bps to 21.59% in 2024, then rose by 3 bps to 22.17% in 2025, then plunged by 43 bps to 12.72% in 2026.
- According to Business Quant data, FCF Margin over the past three periods registered 12.72%, 10.9%, and 22.17% for Q3 2026, Q2 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Lumentum Holdings | 78.08 Bn | 75.34 Bn | 477.30 Mn | 19.50% |
| 2 | Coherent | 55.21 Bn | 53.56 Bn | 787.08 Mn | -23.77% |
| 3 | Zebra Technologies | 17.16 Bn | 17.00 Bn | 825.00 Mn | 12.72% |
| 4 | Littelfuse | 10.64 Bn | 10.02 Bn | 306.06 Mn | 17.23% |
| 5 | Vishay Intertechnology | 4.49 Bn | 3.19 Bn | 207.38 Mn | 1.14% |
| 6 | LG Display | 3.31 Bn | 3.14 Bn | 509.35 Mn | 32.45% |
| 7 | Knowles | 3.03 Bn | 2.98 Bn | 74.60 Mn | 13.01% |
| 8 | Hesai | 2.95 Bn | 1.97 Bn | 50.88 Mn | - |
| 9 | Ouster | 2.50 Bn | 2.23 Bn | 26.69 Mn | -28.20% |
| 10 | Bel Fuse | 2.49 Bn | 2.29 Bn | 83.97 Mn | 7.45% |
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% |