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Asset Utilization RatioAssets AverageDebt RatioDebt to EquityEBIT MarginEBITDA MarginEBT MarginEnterprise ValueEquity AverageEquity RatioFCF MarginGross MarginInventory AverageInvested CapitalNet MarginOperating MarginReturn on AssetsReturn on Capital EmployedReturn on EquityReturn on Invested CapitalReturn on Sales

Zebra Technologies (ZBRA) Operating Margin (2016 - 2026)

Zebra Technologies filings provide 18 years of Operating Margin readings, the most recent being 14.38% for Q2 2026.

  • On a quarterly basis, Operating Margin fell 53.0% to 14.38% in Q2 2026 year-over-year; TTM through Apr 2026 was 12.9%, a 232.0% decrease, with the full-year FY2025 number at 12.97%, down 192.0% from a year prior.
  • Operating Margin hit 14.38% in Q2 2026 for Zebra Technologies, up from 9.42% in the prior quarter.
  • In the past five years, Operating Margin ranged from a high of 17.3% in Q4 2022 to a low of 9.88% in Q3 2022.
  • Median Operating Margin over the past 5 years was 14.38% (2026), compared with a mean of 11.83%.
  • Biggest five-year swings in Operating Margin: crashed -2781bps in 2022 and later skyrocketed 2586bps in 2023.
  • Zebra Technologies' Operating Margin stood at 17.3% in 2022, then crashed by -58bps to 7.33% in 2023, then skyrocketed by 130bps to 16.87% in 2024, then tumbled by -44bps to 9.42% in 2025, then soared by 53bps to 14.38% in 2026.
  • The last three reported values for Operating Margin were 14.38% (Q2 2026), 9.42% (Q4 2025), and 13.86% (Q3 2025) per Business Quant data.