TTM
14.4%
YoY change
−0.07pp
Trough year (2008)
-1.6%
Peak year (1993)
28.6%
Latest annual
14.8%
Operating Margin history chart for Zebra Technologies (ZBRA) from 1990 to 2025
Latest: 14.8%
Operating Margin change chart for Zebra Technologies (ZBRA) from 1990 to 2025
Latest: −0.07pp
Operating Margin history table for Zebra Technologies (ZBRA) from 1990 to 2025
| 2025 | 14.8% | -0.07pp | ||
| 2024 | 14.9% | +4.40pp | ||
| 2023 | 10.5% | +1.34pp | ||
| 2022 | 9.2% | -8.25pp | ||
| 2021 | 17.4% | +2.76pp | ||
| 2020 | 14.6% | -0.79pp | ||
| 2019 | 15.4% | +0.97pp | ||
| 2018 | 14.5% | +5.81pp | ||
| 2017 | 8.7% | +6.41pp | ||
| 2016 | 2.2% | +1.22pp | ||
| 2015 | 1.0% | -4.31pp | ||
| 2014 | 5.3% | -10.09pp | ||
| 2013 | 15.4% | -1.08pp | ||
| 2012 | 16.5% | -2.01pp | ||
| 2011 | 18.5% | +1.94pp | ||
| 2010 | 16.6% | +8.01pp | ||
| 2009 | 8.6% | +10.13pp | ||
| 2008 | -1.6% | -18.06pp | ||
| 2007 | 16.5% | +5.90pp | ||
| 2006 | 10.6% | -10.20pp | ||
| 2005 | 20.8% | -4.33pp | ||
| 2004 | 25.1% | +1.04pp | ||
| 2003 | 24.1% | +2.68pp | ||
| 2002 | 21.4% | +0.86pp | ||
| 2001 | 20.5% | -4.32pp | ||
| 2000 | 24.9% | -2.51pp | ||
| 1999 | 27.4% | +6.89pp | ||
| 1998 | 20.5% | -3.51pp | ||
| 1997 | 24.0% | +0.63pp | ||
| 1996 | 23.4% | +1.50pp | ||
| 1995 | 21.9% | -6.42pp | ||
| 1994 | 28.3% | -0.28pp | ||
| 1993 | 28.6% | +2.34pp | ||
| 1992 | 26.2% | -1.62pp | ||
| 1991 | 27.9% | -0.04pp | ||
| 1990 | 27.9% | — |
- 202514.8%-0.07pp
- 202414.9%+4.40pp
- 202310.5%+1.34pp
- 20229.2%-8.25pp
- 202117.4%+2.76pp
- 202014.6%-0.79pp
- 201915.4%+0.97pp
- 201814.5%+5.81pp
- 20178.7%+6.41pp
- 20162.2%+1.22pp
- 20151.0%-4.31pp
- 20145.3%-10.09pp
- 201315.4%-1.08pp
- 201216.5%-2.01pp
- 201118.5%+1.94pp
- 201016.6%+8.01pp
- 20098.6%+10.13pp
- 2008-1.6%-18.06pp
- 200716.5%+5.90pp
- 200610.6%-10.20pp
- 200520.8%-4.33pp
- 200425.1%+1.04pp
- 200324.1%+2.68pp
- 200221.4%+0.86pp
- 200120.5%-4.32pp
- 200024.9%-2.51pp
- 199927.4%+6.89pp
- 199820.5%-3.51pp
- 199724.0%+0.63pp
- 199623.4%+1.50pp
- 199521.9%-6.42pp
- 199428.3%-0.28pp
- 199328.6%+2.34pp
- 199226.2%-1.62pp
- 199127.9%-0.04pp
- 199027.9%—
Operating Margin values are taken from Zebra Technologies's reported income statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
About Operating Margin at Zebra Technologies (ZBRA)
According to Zebra Technologies's latest reported financial statements, the company's latest reported operating margin is 14.4%. Operating margin is operating income divided by revenue — the share of each sales dollar left after cost of goods sold and operating expenses (SG&A, R&D), but before interest and taxes. It isolates how profitable the core business is before financing and tax decisions, so it is comparable across companies with different capital structures.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
2025's annual operating margin for Zebra Technologies (ZBRA) came in at 14.83% – contracted 0.1 percentage points year-over-year.
The highest annual operating margin of 28.57% was reported in 1993. The lowest in the available history was -1.57% in 2008.
Zebra Technologies Operating Margin by Year
Zebra Technologies Operating Margin 2025: 14.8%
2025's operating margin for Zebra Technologies came in at 14.83%, contracted 0.1 percentage points from 2024.
Zebra Technologies Operating Margin 2024: 14.9%
Zebra Technologies posted operating margin of 14.90% in 2024, expanded 4.4 percentage points from 2023.
Zebra Technologies Operating Margin 2023: 10.5%
In 2023, Zebra Technologies reported operating margin of 10.49%, expanded 1.3 percentage points from 2022.
Zebra Technologies Operating Margin 2022: 9.2%
Zebra Technologies operating margin in 2022 was 9.15%, contracted 8.2 percentage points from 2021.
Zebra Technologies Operating Margin 2021: 17.4%
Zebra Technologies operating margin in 2021 was 17.40%.
See more financial history for Zebra Technologies (ZBRA).
Sector peers by Operating Margin
Technology peers of Zebra Technologies (ZBRA), ranked by their latest operating margin
| 64.0% | |
| 53.2% | |
| 48.5% | |
| 46.8% | |
| 43.7% | |
| 34.8% | |
| 32.6% | |
| 11.7% |
- 64.0%
- 53.2%
- 46.8%
- 43.7%
- 34.8%
- 32.6%
- 11.7%
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Zebra Technologies (ZBRA) Key Financials
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