Zebra Technologies Corporation (ZBRA)
Net 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 296,000 | 465,000 | 650,000 | 408,000 | 463,000 | 468,000 | 497,000 | 814,000 | 837,000 | 845,000 | 762,000 | 643,000 | 504,000 | 474,000 | 494,000 | 518,000 | 544,000 | 490,000 | 481,000 | 427,000 |
| 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 |
| Net profit margin | 6.41% | 9.32% | 11.94% | 7.14% | 8.01% | 8.06% | 8.52% | 14.19% | 14.90% | 15.50% | 14.78% | 13.59% | 11.37% | 10.98% | 11.44% | 11.59% | 12.13% | 11.07% | 10.97% | 9.94% |
December 31, 2023 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $296,000K ÷ $4,619,000K
= 6.41%
Based on the provided data, Zebra Technologies Corp.'s net profit margin has shown some fluctuations over the past eight quarters. The net profit margin, which represents the percentage of revenue that translates into profit after all expenses are taken into account, ranged from a low of 6.46% in Q4 2023 to a high of 14.25% in Q1 2022.
The trend indicates that the net profit margin was relatively steady around the 8% mark in the first three quarters of 2022, but experienced a significant jump to 14.25% in Q1 2022. However, since then, the net profit margin has fluctuated, showing a downward trend in the most recent quarters.
It is essential to further investigate the reasons behind these fluctuations in the net profit margin to assess the company's financial performance accurately. Factors such as changes in revenue, cost structure, operating efficiency, and other external market conditions could have influenced these variations in the net profit margin.
Peer comparison
Dec 31, 2023