FormFactor, Inc. (FORM) vs Zebra Technologies Corporation (ZBRA)

ZBRA leads on 12 of 15 compared metrics.

A side-by-side comparison of FormFactor, Inc. and Zebra Technologies Corporation across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 13, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

Total return — FORM vs ZBRA

growth of $100 · last 23y
FORM +691.9%ZBRA +588.3%FORM compounded faster
05001k2kStart $10020072011201520192023$792$688
FORM ZBRA

FORM vs ZBRA: by the numbers

  • ZBRA is the larger company ($10.88B vs $10.85B market cap).
  • ZBRA trades at the lower earnings multiple (27.79 vs 160.01 P/E).
  • FORM converts more revenue to profit (8.14% vs 7.49% net margin).
  • ZBRA grew revenue faster over the past five years (3.31% vs 3.14% CAGR).

Which is better, FORM or ZBRA?

Metric tally: FORM 3 · ZBRA 12

It depends on what you're optimizing for:

ValueZBRA(lower P/E)
GrowthZBRA(faster 5Y revenue CAGR)
QualityZBRA(higher ROIC)

Valuation

MetricFORMZBRA
P/E ratio160.0127.79
Forward P/E56.7512.31
P/S ratio13.162.07
P/B ratio10.443.33
PEG ratio31.44
EV / EBITDA86.8415.44
FCF yield0.33%7.23%

Profitability

MetricFORMZBRA
Gross margin42.11%47.47%
Operating margin12.70%14.38%
Net margin8.14%7.49%
ROE6.45%12.05%
ROIC4.67%8.81%

Growth (annualized)

MetricFORMZBRA
Revenue CAGR (5Y)3.14%3.31%
EPS CAGR (5Y)5.09%-2.66%
FCF CAGR (5Y)-19.02%-3.79%
Total return CAGR (5Y)32.69%-14.78%

Frequently asked

Which is better, FORM or ZBRA?
It depends on your goal. value: ZBRA (lower P/E); growth: ZBRA (faster 5Y revenue CAGR); quality: ZBRA (higher ROIC). Across all compared metrics, ZBRA leads 12 to 3.
Is FORM or ZBRA cheaper?
On trailing earnings, ZBRA is cheaper: FORM trades at a 160.01 P/E and ZBRA at 27.79.
Which has grown faster, FORM or ZBRA?
Over the past five years, ZBRA grew revenue faster — FORM at a 3.14% CAGR versus ZBRA at 3.31%.
Is FORM or ZBRA more profitable?
FORM runs the higher net margin — FORM at 8.14% versus ZBRA at 7.49%.
Which has been the better investment, FORM or ZBRA?
Over the past 10-year, FORM delivered the higher annualized total return — FORM at 33.49% versus ZBRA at 15.08%. Past performance doesn't predict future results.

Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified June 13, 2026.