Viavi Solutions Inc. (VIAV) vs Zebra Technologies Corporation (ZBRA)

ZBRA leads on 10 of 14 compared metrics.

A side-by-side comparison of Viavi Solutions Inc. and Zebra Technologies Corporation across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 23, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

Compare

Total return — VIAV vs ZBRA

growth of $100 · last 30y
VIAV +483.2%ZBRA +2591.2%ZBRA compounded faster
02k4k6k8kStart $100200120062011201620212026$583$2,691
VIAV ZBRA

VIAV vs ZBRA: by the numbers

  • VIAV is the larger company ($12.24B vs $11.32B market cap).
  • ZBRA is profitable (7.49% net margin) while VIAV runs a net loss (-4.03%).
  • VIAV grew revenue faster over the past five years (4.09% vs 3.31% CAGR).

Which is better, VIAV or ZBRA?

Metric tally: VIAV 4 · ZBRA 10

It depends on what you're optimizing for:

GrowthVIAV(faster 5Y revenue CAGR)
QualityZBRA(higher ROIC)

Metrics side by side

Valuation

MetricVIAVZBRA
P/E ratio28.92
Forward P/E53.2912.81
P/S ratio9.132.16
P/B ratio14.733.47
EV / EBITDA109.2115.08
FCF yield0.36%6.94%

Profitability

MetricVIAVZBRA
Gross margin55.69%47.47%
Operating margin8.16%14.38%
Net margin-4.03%7.49%
ROE-6.51%12.05%
ROIC3.79%8.81%

Growth (annualized)

MetricVIAVZBRA
Revenue CAGR (5Y)4.09%3.31%
EPS CAGR (5Y)4.24%-2.66%
FCF CAGR (5Y)-21.53%-3.79%
Total return CAGR (5Y)23.52%-13.92%

Frequently asked

Which is better, VIAV or ZBRA?
It depends on your goal. growth: VIAV (faster 5Y revenue CAGR); quality: ZBRA (higher ROIC). Across all compared metrics, ZBRA leads 10 to 4.
Which has grown faster, VIAV or ZBRA?
Over the past five years, VIAV grew revenue faster — VIAV at a 4.09% CAGR versus ZBRA at 3.31%.
Is VIAV or ZBRA more profitable?
ZBRA runs the higher net margin — VIAV at -4.03% versus ZBRA at 7.49%.
Which has been the better investment, VIAV or ZBRA?
Over the past 10-year, VIAV delivered the higher annualized total return — VIAV at 21.57% versus ZBRA at 14.93%. 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 23, 2026.