Zebra Technologies Corporation (ZBRA)
Gross profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Gross profit | US$ in thousands | 2,413,000 | 2,123,000 | 2,624,000 | 2,628,000 | 2,003,000 |
| Revenue | US$ in thousands | 4,986,000 | 4,582,000 | 5,778,000 | 5,619,000 | 4,359,000 |
| Gross profit margin | 48.40% | 46.33% | 45.41% | 46.77% | 45.95% |
December 31, 2024 calculation
Gross profit margin = Gross profit ÷ Revenue
= $2,413,000K ÷ $4,986,000K
= 48.40%
The gross profit margin of Zebra Technologies Corporation has shown a slight increase over the past five years. As of December 31, 2020, the gross profit margin stood at 45.95%, which improved to 46.77% by December 31, 2021. However, there was a slight decline to 45.41% by December 31, 2022, before rebounding to 46.33% by December 31, 2023. The most significant increase was observed by the end of December 31, 2024, with a gross profit margin of 48.40%.
Overall, this trend indicates that Zebra Technologies has been able to effectively manage its cost of goods sold and generate a higher percentage of revenue as gross profit over the years, which is a positive sign of operational efficiency and potentially improving profitability. However, fluctuations in the gross profit margin should be further analyzed to understand the underlying factors driving these changes.
Peer comparison
Dec 31, 2024