Zebra Technologies Corporation (ZBRA)
Return on equity (ROE)
| 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 stockholders’ equity | US$ in thousands | 3,586,000 | 3,421,000 | 3,169,000 | 3,036,000 | 3,013,000 | 2,992,000 | 2,891,000 | 2,733,000 | 2,657,000 | 2,513,000 | 2,906,000 | 2,984,000 | 2,816,000 | 2,589,000 | 2,411,000 | 2,144,000 | 1,931,000 | 1,803,000 | 1,727,000 | 1,839,000 |
| ROE | 12.05% | 7.42% | 8.24% | 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% |
December 31, 2024 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $432,000K ÷ $3,586,000K
= 12.05%
To analyze Zebra Technologies Corporation's return on equity (ROE) over the provided time period, we observed fluctuations in the ROE percentages.
The ROE was relatively high, averaging around 28% from December 2019 to December 2021. This indicates that Zebra Technologies was efficiently generating profit from the shareholders' equity during this period.
However, there was a noticeable decline in ROE starting from June 2022, with the percentage dropping to 19.78% and continuing to decrease up to December 2024. This downward trend may suggest challenges in maintaining profitability relative to the equity investments made by shareholders.
The ROE hit a low of 7.42% by the end of September 2024 but showed a slight improvement to 12.05% by December 2024. This significant fluctuation in ROE highlights potential shifts in the company's ability to utilize equity effectively to generate profits.
In conclusion, Zebra Technologies Corporation experienced a period of robust ROE performance followed by a decline, indicating the need for further analysis to understand the factors contributing to these changes and their potential impact on shareholder value.
Peer comparison
Dec 31, 2024