Zebra Technologies Corporation (ZBRA)
Gross profit margin
| Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 2,123,000 | 2,360,000 | 2,561,000 | 2,654,000 | 2,624,000 | 2,608,000 | 2,626,000 | 2,610,000 | 2,628,000 | 2,577,000 | 2,424,000 | 2,185,000 | 2,003,000 | 1,929,000 | 1,971,000 | 2,072,000 | 2,100,000 | 2,095,000 | 2,065,000 | 2,017,000 |
| Revenue (ttm) | US$ in thousands | 4,619,000 | 4,991,000 | 5,444,000 | 5,713,000 | 5,778,000 | 5,803,000 | 5,831,000 | 5,738,000 | 5,617,000 | 5,453,000 | 5,155,000 | 4,733,000 | 4,433,000 | 4,317,000 | 4,320,000 | 4,469,000 | 4,483,000 | 4,428,000 | 4,386,000 | 4,297,000 |
| Gross profit margin | 45.96% | 47.29% | 47.04% | 46.46% | 45.41% | 44.94% | 45.04% | 45.49% | 46.79% | 47.26% | 47.02% | 46.17% | 45.18% | 44.68% | 45.62% | 46.36% | 46.84% | 47.31% | 47.08% | 46.94% |
December 31, 2023 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $2,123,000K ÷ $4,619,000K
= 45.96%
Based on the quarterly data provided, Zebra Technologies Corp. has shown a consistent gross profit margin performance over the past eight quarters. The gross profit margin has ranged from 45.25% to 46.56%, with a general upward trend observed since Q1 2022.
The company's gross profit margin peaked at 46.56% in Q2 2023, reflecting strong pricing strategies, efficient cost management, or potential favorable product mix. Despite a minor dip to 45.39% in Q4 2022, the overall trend indicates improved profitability in recent quarters.
The average gross profit margin over the period appears to be around 46.04%, suggesting Zebra Technologies Corp. has been effectively managing its production costs and generating healthy profits from its sales. This trend is favorable for investors and indicates the company's ability to maintain a healthy margin while potentially reinvesting in growth initiatives.
Peer comparison
Dec 31, 2023