Buyback yield (TTM)
7.46%
Shareholder yield (TTM)
7.46%
5Y share count change
-5.0%
Buyback spend (TTM)
$762.00M
Cumulative buybacks
$2.71B
Key takeaways
- Zebra Technologies (ZBRA) repurchased about $762.00M of stock over the trailing twelve months.
- Diluted share count is down 5.0% over the last ~5 fiscal years — buybacks are net-shrinking the share base.
- TTM buyback ÷ stock-based-comp ratio of 4.48× — repurchases more than cover SBC dilution.
- Cash buyback spend has compounded at +24.0% per year over the latest 5-year window.
- TTM repurchases used about 91% of free cash flow remaining after dividends.
Dividend & buyback yield over time for Zebra Technologies (ZBRA)
Stacked annual yields — buyback yield (TTM cash repurchases ÷ market cap) plus dividend yield from the same fiscal-year-end key-metrics period — show how total cash return per dollar of equity has evolved.
Diluted vs basic shares (annual) for Zebra Technologies (ZBRA)
Diluted weighted-average shares are the EPS denominator — a falling count means buybacks are outpacing SBC dilution.
Year-over-year change in diluted shares for Zebra Technologies (ZBRA)
Green is fewer shares vs the prior fiscal year (net repurchase); red is growth (dilution). The earliest year shown has no prior year to compare.
Cash buyback spend over time for Zebra Technologies (ZBRA)
Latest: $587.00M
Overview
The 2025 reading of Zebra Technologies (ZBRA) buyback spend is $587.00M – surged 1148.9% year-over-year.
Zebra Technologies buyback spend has grown on net over the period, with a +24.0% compound annual growth rate over 2020–2025 (5 years).
Zebra Technologies buyback spend peaked at $751.00M in 2022; the latest annual figure is $587.00M in 2025 (21.8% below peak).
The record annual buyback spend stands at $751.00M, reached in 2022; the historical low of $0.00 was recorded in 1990.
Zebra Technologies Buyback Spend 2025: $587.00M
2025's buyback spend for Zebra Technologies came in at $587.00M, surged 1148.9% from 2024.
Zebra Technologies Buyback Spend 2024: $47.00M
Zebra Technologies posted buyback spend of $47.00M in 2024, declined 9.6% below 2023.
Zebra Technologies Buyback Spend 2023: $52.00M
In 2023, Zebra Technologies reported buyback spend of $52.00M, plunged 93.1% below 2022.
Zebra Technologies Buyback Spend 2022: $751.00M
Zebra Technologies buyback spend in 2022 was $751.00M, surged 1217.5% from 2021. This figure represents the highest annual value in the available history.
Zebra Technologies Buyback Spend 2021: $57.00M
Zebra Technologies buyback spend in 2021 was $57.00M.
See more financial history for Zebra Technologies (ZBRA).
Buyback, SBC & dilution history
Buyback spend, SBC, net dilution effect, and share count.
| 2025 | $587.00M | $163.00M | $424.00M | 4.80% | 0.05B | -1.3% | |
| 2024 | $47.00M | $89.00M | −$42.00M | 0.24% | 0.05B | +0.3% | |
| 2023 | $52.00M | $55.00M | −$3.00M | 0.37% | 0.05B | -1.6% | |
| 2022 | $751.00M | $88.00M | $663.00M | 5.67% | 0.05B | -2.5% | |
| 2021 | $57.00M | $76.00M | −$19.00M | 0.18% | 0.05B | -0.0% | |
| 2020 | $200.00M | $51.00M | $149.00M | 0.98% | 0.05B | -1.2% | |
| 2019 | $47.00M | $48.00M | −$1.00M | 0.34% | 0.05B | +0.6% | |
| 2018 | $0.00 | $45.00M | −$45.00M | — | 0.05B | +1.1% | |
| 2017 | $0.00 | $35.00M | −$35.00M | — | 0.05B | +4.1% | |
| 2016 | $8.00M | $27.00M | −$19.00M | 0.18% | 0.05B | +1.1% | |
| 2015 | $13.00M | $31.47M | −$18.47M | 0.37% | 0.05B | -0.7% | |
| 2014 | $5.00M | $19.89M | −$14.89M | 0.13% | 0.05B | +0.6% | |
| 2013 | $63.00M | $13.11M | $49.89M | 2.32% | 0.05B | -1.5% | |
| 2012 | $54.37M | $14.73M | $39.65M | 2.71% | 0.05B | -4.3% | |
| 2011 | $160.20M | $14.10M | $146.10M | 8.59% | 0.05B | -5.6% | |
| 2010 | $102.09M | $11.87M | $90.22M | 4.85% | 0.06B | -3.4% | |
| 2009 | $65.44M | $11.47M | $53.98M | 3.98% | 0.06B | -7.9% | |
| 2008 | $157.58M | $14.96M | $142.62M | 12.91% | 0.06B | -6.4% | |
| 2007 | $112.09M | $15.07M | $97.03M | 4.88% | 0.07B | -2.9% | |
| 2006 | $68.22M | $7.54M | $60.68M | 2.85% | 0.07B | -1.5% | |
| 2005 | $70.42M | $0.00 | $70.42M | 2.33% | 0.07B | -0.5% | |
| 2004 | $0.00 | $0.00 | $0.00 | — | 0.07B | +1.2% | |
| 2003 | $0.00 | $0.00 | $0.00 | — | 0.07B | +1.7% | |
| 2002 | $0.00 | $0.00 | $0.00 | — | 0.07B | +1.2% | |
| 2001 | $0.00 | $0.00 | $0.00 | — | 0.07B | -0.9% | |
| 2000 | $55.51M | $0.00 | $55.51M | — | 0.07B | -1.2% | |
| 1999 | $0.00 | $0.00 | $0.00 | — | 0.07B | +1.1% | |
| 1998 | $8.10M | $0.00 | $8.10M | — | 0.07B | +28.4% | |
| 1997 | $0.00 | $0.00 | $0.00 | — | 0.05B | +0.3% | |
| 1996 | $800.00K | $0.00 | $800.00K | — | 0.05B | — | |
| 1995 | $0.00 | $0.00 | $0.00 | — | — | — | |
| 1994 | $0.00 | $0.00 | $0.00 | — | — | — | |
| 1993 | $0.00 | $0.00 | $0.00 | — | — | — | |
| 1992 | $0.00 | $0.00 | $0.00 | — | — | — | |
| 1991 | $24.40M | $0.00 | $24.40M | — | — | — | |
| 1990 | $0.00 | $0.00 | $0.00 | — | — | — |
- 2025$587.00M
- 2024$47.00M
- 2023$52.00M
- 2022$751.00M
- 2021$57.00M
- 2020$200.00M
- 2019$47.00M
- 2018$0.00
- 2017$0.00
- 2016$8.00M
- 2015$13.00M
- 2014$5.00M
- 2013$63.00M
- 2012$54.37M
- 2011$160.20M
- 2010$102.09M
- 2009$65.44M
- 2008$157.58M
- 2007$112.09M
- 2006$68.22M
- 2005$70.42M
- 2004$0.00
- 2003$0.00
- 2002$0.00
- 2001$0.00
- 2000$55.51M
- 1999$0.00
- 1998$8.10M
- 1997$0.00
- 1996$800.00K
- 1995$0.00
- 1994$0.00
- 1993$0.00
- 1992$0.00
- 1991$24.40M
- 1990$0.00
Buybacks vs stock-based compensation for Zebra Technologies (ZBRA)
Annual cash repurchases set against stock-based compensation. Coverage above 1× means buybacks fully offset the equity dilution from SBC. TTM coverage: 4.48×.
Buybacks vs dividends (share of cash returned) for Zebra Technologies (ZBRA)
How Zebra Technologies splits cash returned to shareholders between dividends and buybacks.
Sector peers by buyback spend
Companies in the same sector as Zebra Technologies, ranked by their latest buyback spend.
| $90.71B | |
| $40.09B | |
| $18.42B | |
| $6.65B | |
| $6.31B | |
| $1.32B | |
| $0.00 | |
| $0.00 |
- $90.71B
- $40.09B
- $18.42B
- $6.65B
- $6.31B
- $1.32B
- $0.00
Buyback capacity (TTM)
Free cash flow minus dividends paid versus actual TTM repurchases — the headroom bar shows how much of post-dividend FCF is still being deployed elsewhere.
Headroom $836.00M (TTM FCF − TTM dividends, clamped at zero).
Frequently asked questions
Data & methodology
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