Zebra Technologies (ZBRA) Return on Capital Employed [ROCE] (2010 - 2026)
Zebra Technologies (ZBRA) recorded Return on Capital Employed [ROCE] of 19.12% in Q2 2026, up 6.57 percentage points from 12.55% a year earlier and up 8.30 percentage points from the prior quarter.
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Analysis
Zebra Technologies (ZBRA) Return on Capital Employed [ROCE] (2010 - 2026) Analysis & Trends
For FY2025, Zebra Technologies reported Return on Capital Employed [ROCE] of 10.97%, down 1.54 percentage points from FY2024.
- Annual Return on Capital Employed [ROCE] has a five-year change of -9.43 percentage points (FY2020 to FY2025).
- Across earlier years, Return on Capital Employed [ROCE] came in at 12.51% in FY2024 (+4.24 pp), 8.27% in FY2023 (-3.39 pp), 11.65% in FY2022 (-12.85 pp) and 24.51% in FY2021 (+4.11 pp).
- The Q2 2026 figure is the highest quarterly Return on Capital Employed [ROCE] since Q1 2022.
- On a year-over-year basis, Return on Capital Employed [ROCE] rose in five of the last eight quarters, with an average year-over-year change of +2.41 percentage points.
- Peak year-over-year performance for Return on Capital Employed [ROCE] in the last five years was a gain of 6.57 percentage points in Q2 2026, against a drop of 14.59 percentage points in Q3 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at 10.82% (Q1 2026), 10.88% (Q4 2025) and 12.28% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Apple | 4,874.86 Bn | 4,622.35 Bn | 54.77 Bn | 67.97% |
| 2 | Cisco Systems | 442.74 Bn | 378.67 Bn | 11.06 Bn | 17.86% |
| 3 | Dell Technologies | 360.03 Bn | 315.78 Bn | 9.83 Bn | 38.06% |
| 4 | Arista Networks | 261.51 Bn | 214.96 Bn | 1.91 Bn | 28.65% |
| 5 | Sandisk | 251.12 Bn | 239.64 Bn | 7.58 Bn | 87.19% |
| 6 | Seagate Technology Holdings | 192.54 Bn | 187.54 Bn | 1.90 Bn | 64.93% |
| 7 | Western Digital | 149.92 Bn | 138.05 Bn | 2.03 Bn | 43.60% |
| 8 | Sony | 146.49 Bn | 96.88 Bn | 6.53 Bn | 14.81% |
| 9 | Lumentum Holdings | 96.17 Bn | 87.98 Bn | 477.30 Mn | 11.20% |
| 10 | Zebra Technologies | 17.78 Bn | 16.33 Bn | 825.00 Mn | 19.12% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 4, 2026 | 19.12% |
| Apr 4, 2026 | 10.82% |
| Dec 31, 2025 | 10.88% |
| Sep 27, 2025 | 12.28% |
| Jun 28, 2025 | 12.55% |
| Mar 29, 2025 | 12.25% |
| Dec 31, 2024 | 12.11% |
| Sep 28, 2024 | 9.80% |
| Jun 29, 2024 | 6.63% |
| Mar 30, 2024 | 7.36% |
| Dec 31, 2023 | 8.41% |
| Sep 30, 2023 | 11.44% |
| Jul 1, 2023 | 15.47% |
| Apr 1, 2023 | 9.99% |
| Dec 31, 2022 | 10.26% |
| Oct 1, 2022 | 9.21% |
| Jul 2, 2022 | 11.35% |
| Apr 2, 2022 | 21.02% |
| Dec 31, 2021 | 23.09% |
| Oct 2, 2021 | 23.79% |
API Access
Zebra Technologies Return on Capital Employed [ROCE] 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=return-on-capital-employed-%5Broce%5D&ticker=ZBRA&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-capital-employed-[roce]", "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=return-on-capital-employed-%5Broce%5D&ticker=ZBRA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();