Zebra Technologies Corporation (ZBRA)
Operating 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 481,000 | 667,000 | 881,000 | 542,000 | 529,000 | 492,000 | 527,000 | 919,000 | 979,000 | 987,000 | 900,000 | 772,000 | 651,000 | 608,000 | 643,000 | 684,000 | 692,000 | 683,000 | 660,000 | 625,000 |
| 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 |
| Operating profit margin | 10.41% | 13.36% | 16.18% | 9.49% | 9.16% | 8.48% | 9.04% | 16.02% | 17.43% | 18.10% | 17.46% | 16.31% | 14.69% | 14.08% | 14.88% | 15.31% | 15.44% | 15.42% | 15.05% | 14.55% |
December 31, 2023 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $481,000K ÷ $4,619,000K
= 10.41%
Zebra Technologies Corp. has shown fluctuations in its operating profit margin over the past eight quarters. The trend indicates that the company's operating profit margin reached its peak in Q2 2023 at 16.76% and has been gradually decreasing since then. Despite the variability, the operating profit margin has generally been above 15% in recent quarters, reflecting a consistent level of profitability. It is worth noting that the company has managed to maintain relatively stable operating profit margins above 15% throughout the periods under review, suggesting efficient cost management and strong operational performance.
Peer comparison
Dec 31, 2023