Zebra Technologies Corporation (ZBRA)
Return on assets (ROA)
| Dec 31, 2024 | Sep 30, 2024 | Mar 31, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 432,000 | 254,000 | 261,000 | 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 |
| Total assets | US$ in thousands | 7,968,000 | 7,690,000 | 7,259,000 | 7,306,000 | 7,331,000 | 7,456,000 | 7,474,000 | 7,529,000 | 7,448,000 | 7,385,000 | 6,129,000 | 6,215,000 | 5,865,000 | 5,593,000 | 5,411,000 | 5,375,000 | 5,245,000 | 4,607,000 | 4,540,000 | 4,711,000 |
| ROA | 5.42% | 3.30% | 3.60% | 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% |
December 31, 2024 calculation
ROA = Net income (ttm) ÷ Total assets
= $432,000K ÷ $7,968,000K
= 5.42%
The return on assets (ROA) of Zebra Technologies Corporation has varied over the reported periods. We observe that the ROA was relatively stable around the 10%-12% range from December 2019 to June 2021, indicating the company was efficient in generating profits relative to its total assets during that time.
However, there was a peak in ROA in the third quarter of 2021 at 14.41%, suggesting the company experienced improved profitability in relation to its assets during that period. This could be attributed to effective cost management, revenue growth, or a combination of both factors.
Subsequently, there was a notable decline in ROA in the second half of 2022 and throughout 2023, with values ranging between 3.30% and 8.72%. This decline could indicate challenges in maintaining profitability levels or potential inefficiencies in asset utilization during this period.
By the end of 2024, the ROA had improved to 5.42%, suggesting a partial recovery in the company's ability to generate profits from its assets. Overall, the trend in ROA indicates fluctuations in Zebra Technologies Corporation's efficiency in utilizing its assets to generate profits, emphasizing the importance of closely monitoring and managing asset performance for sustained financial health.
Peer comparison
Dec 31, 2024