Growth Metrics

Zebra Technologies (ZBRA) FCF Margin (2016 - 2025)

Zebra Technologies' FCF Margin history spans 17 years, with the latest figure at 22.17% for Q4 2025.

  • For Q4 2025, FCF Margin rose 58.0% year-over-year to 22.17%; the TTM value through Dec 2025 reached 15.4%, down 375.0%, while the annual FY2025 figure was 15.4%, 375.0% down from the prior year.
  • FCF Margin reached 22.17% in Q4 2025 per ZBRA's latest filing, up from 16.36% in the prior quarter.
  • In the past five years, FCF Margin ranged from a high of 22.84% in Q2 2024 to a low of 6.55% in Q2 2023.
  • Average FCF Margin over 5 years is 11.53%, with a median of 13.27% recorded in 2021.
  • Peak YoY movement for FCF Margin: tumbled -1712bps in 2021, then skyrocketed 2720bps in 2024.
  • A 5-year view of FCF Margin shows it stood at 14.45% in 2021, then increased by 12bps to 16.17% in 2022, then crashed by -37bps to 10.11% in 2023, then soared by 114bps to 21.59% in 2024, then rose by 3bps to 22.17% in 2025.
  • Per Business Quant, the three most recent readings for ZBRA's FCF Margin are 22.17% (Q4 2025), 16.36% (Q3 2025), and 10.05% (Q2 2025).