Zebra Technologies Corporation (ZBRA)
Profitability ratios
Return on sales
| 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 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% |
| 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% |
| Pretax margin | 7.23% | 11.16% | 14.75% | 8.38% | 9.42% | 9.39% | 9.45% | 16.42% | 17.23% | 17.57% | 16.84% | 15.49% | 12.63% | 12.11% | 12.59% | 12.75% | 13.34% | 12.80% | 12.56% | 12.15% |
| 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% |
Zebra Technologies Corp. has shown a consistent improvement in profitability over the past eight quarters. The company's gross profit margin has been relatively stable, hovering around the mid-40% range, indicating efficient cost management and pricing strategies.
The operating profit margin has shown an increasing trend, indicating that the company is able to control its operating expenses effectively while generating higher revenues. This improvement suggests operational efficiency and effective cost control measures.
The pretax margin has varied over the quarters, displaying fluctuations in the company's ability to manage its pre-tax earnings relative to its total revenue. Despite some fluctuations, the overall trend shows an improvement in the company's ability to generate profits before taxes.
The net profit margin, which reflects the company's bottom-line profitability after all expenses have been deducted, has also shown a positive trend. Zebra Technologies Corp. has demonstrated an ability to convert its revenue into net income more efficiently over time, resulting in improved profitability for the company.
Overall, the company's profitability ratios indicate that Zebra Technologies Corp. is performing well, with steady improvements in operating efficiency and profitability over the quarters analyzed.
Return on investment
| 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 return on assets (Operating ROA) | 6.58% | 9.10% | 11.82% | 7.25% | 7.03% | 6.61% | 7.14% | 14.99% | 15.75% | 16.83% | 16.09% | 14.27% | 12.11% | 11.59% | 13.96% | 15.07% | 14.69% | 14.51% | 14.04% | 13.66% |
| Return on assets (ROA) | 4.05% | 6.34% | 8.72% | 5.46% | 6.15% | 6.28% | 6.73% | 13.28% | 13.47% | 14.41% | 13.62% | 11.88% | 9.38% | 9.04% | 10.72% | 11.41% | 11.55% | 10.41% | 10.23% | 9.33% |
| Return on total capital | 9.46% | 12.99% | 17.50% | 11.36% | 11.65% | 10.53% | 11.63% | 24.06% | 25.06% | 26.28% | 25.47% | 22.93% | 21.52% | 20.15% | 23.05% | 23.64% | 23.71% | 24.67% | 22.47% | 20.90% |
| Return on equity (ROE) | 9.75% | 15.43% | 21.72% | 14.11% | 16.94% | 17.61% | 19.78% | 28.01% | 28.05% | 30.01% | 29.43% | 26.67% | 23.51% | 24.55% | 27.40% | 29.99% | 29.58% | 28.93% | 30.85% | 29.11% |
Zebra Technologies Corp. has exhibited fluctuating profitability ratios over the past few quarters.
The operating return on assets (Operating ROA) has shown a decreasing trend from Q1 2022 to Q4 2023, ranging from 8.01% to 15.57%. This indicates that the company's ability to generate operating income from its total assets has been somewhat inconsistent during this period.
The return on assets (ROA) also demonstrates variability, with values ranging from 4.05% in Q4 2023 to 13.28% in Q1 2022. This ratio reflects the overall profitability of the company's assets, considering both operating and non-operating income.
The return on total capital has exhibited a similar trend to the ROA, albeit with higher values, ranging from 11.13% in Q4 2023 to 23.84% in Q1 2022. This ratio provides insights into the company's ability to generate returns for both debt and equity investors.
Lastly, the return on equity (ROE) has also shown fluctuations, with values ranging from 9.75% in Q4 2023 to 28.01% in Q1 2022. ROE reflects the profitability of a company from the perspective of its shareholders and demonstrates how efficiently the company is utilizing its equity to generate profits.
Overall, while Zebra Technologies Corp. has experienced changing profitability ratios over the past quarters, the company has managed to maintain positive returns across these key measures, indicating its ability to generate profits relative to its assets, capital, and equity.