Zebra Technologies (ZBRA) ROIC: History & Chart

Name: Zebra Technologies Corporation (ZBRA) Return on Invested Capital (ROIC) — historical time series
Creator: TGMCharts

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Zebra Technologies Corporation(ZBRA)

Communication Equipment · Lincolnshire, IL

$352.54+0.00 (+0.00%)

Delayed quote: Sep 8, 2026, 4:00 PM EDT

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About Zebra Technologies Corporation

Zebra Technologies Corporation, alongside its affiliated entities, delivers enterprise asset intelligence solutions globally within the automatic identification and data capture (AIDC) sector. Operating through its Asset Intelligence & Tracking and Enterprise Visibility & Mobility segments, the company provides a comprehensive suite of products and services. Its hardware lineup includes specialized printers for generating labels, wristbands, tickets, receipts, and plastic cards, alongside advanced dye-sublimation thermal card printers for secure identification and financial transactions, and RFID printers for data encoding. Complementing these are various accessories and essential consumables such as thermal labels, ribbons, RFID tags, and critical temperature-monitoring labels, notably used in vaccine distribution. Zebra also manufactures barcode scanners, image capture devices, RFID readers, robust rugged tablets, and enterprise-grade mobile computing solutions. Their technology extends to real-time location systems, incorporating tags, sensors, and exciters, supported by middleware and application software. Beyond hardware, Zebra offers a diverse range of software solutions, including physical inventory management, workforce management, workflow execution, prescriptive analytics, and communication and collaboration tools, enriched by cloud-based subscriptions and robotics automation. The company provides extensive support services, encompassing maintenance, technical assistance, repairs, and comprehensive managed and professional services. Zebra serves a broad spectrum of industries, including retail, e-commerce, manufacturing, transportation, logistics, healthcare, and the public sector, reaching clients through a direct sales force and a widespread network of channel partners. Established in 1969, Zebra Technologies is headquartered in Lincolnshire, Illinois.

Lincolnshire, IL

10,700 employees

www.zebra.com

Technology / Communication Equipment

Sector: Technology
Industry: Communication Equipment
CEO: William J. Burns

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ZBRA Return on Invested Capital (ROIC) Metrics

RETURN ON INVESTED CAPITAL (ROIC)

10.35%

RETURN ON INVESTED CAPITAL (ROIC) AVG TTM

9.23%

RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y

8.69%

RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y

8.79%

RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y

10.88%

RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y

10.46%

RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y

10.17%

CURRENT VS TTM AVG

+12.12%

CURRENT VS 3Y AVG

+19.09%

CURRENT VS 5Y AVG

+17.72%

CURRENT VS 10Y AVG

-4.89%

CURRENT VS 15Y AVG

-1.06%

CURRENT VS 20Y AVG

+1.74%

SECTOR MEDIAN · TECHNOLOGY

8.17%

median of 193 covered companies

CURRENT VS SECTOR MEDIAN

+26.64%

vs the sector median at left

NAME	MARKET CAP	RETURN ON INVESTED CAPITAL (ROIC)	TTM	3Y	5Y
Zebra Technologies Corporation (ZBRA)	$16.79B	10.35%	9.23%	8.69%	8.79%
IREN Limited (IREN)vs ›	$16.75B	-7.62%	-3.44%	-6.28%	-4.32%
Fortive Corporation (FTV)vs ›	$17.07B	6.83%	7.05%	6.70%	6.02%
Leidos Holdings, Inc. (LDOS)vs ›	$16.26B	14.42%	14.43%	10.79%	9.81%
Gen Digital Inc. (GEN)vs ›	$17.84B	11.20%	10.63%	8.92%	10.45%
BE Semiconductor Industries N.V. (BESIY)vs ›	$17.86B	24.31%	16.21%	20.54%	21.80%
MKS Inc. (MKSI)vs ›	$17.93B	8.17%	6.63%	-0.22%	3.98%
PTC Inc. (PTC)vs ›	$15.39B	17.18%	11.75%	9.97%	9.61%
Akamai Technologies, Inc. (AKAM)vs ›	$15.35B	3.03%	4.61%	5.60%	6.80%
CDW Corporation (CDW)vs ›	$18.46B	12.55%	12.63%	14.04%	14.06%

NAME

MARKET CAP

RETURN ON INVESTED CAPITAL (ROIC)

TTM

Zebra Technologies Corporation (ZBRA)

$16.79B

10.35%

9.23%

8.69%

8.79%

IREN Limited (IREN)vs ›

$16.75B

-7.62%

-3.44%

-6.28%

-4.32%

Fortive Corporation (FTV)vs ›

$17.07B

6.83%

7.05%

6.70%

6.02%

Leidos Holdings, Inc. (LDOS)vs ›

$16.26B

14.42%

14.43%

10.79%

9.81%

Gen Digital Inc. (GEN)vs ›

$17.84B

11.20%

10.63%

8.92%

10.45%

BE Semiconductor Industries N.V. (BESIY)vs ›

$17.86B

24.31%

16.21%

20.54%

21.80%

MKS Inc. (MKSI)vs ›

$17.93B

8.17%

6.63%

-0.22%

3.98%

PTC Inc. (PTC)vs ›

$15.39B

17.18%

11.75%

9.97%

9.61%

Akamai Technologies, Inc. (AKAM)vs ›

$15.35B

3.03%

4.61%

5.60%

6.80%

CDW Corporation (CDW)vs ›

$18.46B

12.55%

12.63%

14.04%

14.06%

Return on Invested Capital (ROIC) Formula & Definition

ROIC = NOPAT / Invested Capital, where NOPAT = Operating Income × (1 − effective tax rate) and Invested Capital = Total Assets − (Current Liabilities − Short-Term Debt)

Return on invested capital measures the after-tax operating return a company earns on the capital invested in the business. TGMCharts computes it from reported statements: trailing-twelve-month operating income after tax, over invested capital at the latest balance sheet — total assets less the non-interest-bearing current liabilities (payables, accruals, deferred revenue) that fund them; short-term debt stays in the capital base. The tax rate is the period's own effective rate (income tax ÷ pretax income), capped at 45%; when pretax income is zero or negative, or the tax line is a net benefit, no tax is deducted — the operating figure is shown untaxed rather than adjusted by an assumed rate. Not shown for banks, insurers or funds.

Return on Invested Capital (ROIC) FAQ

What is the return on invested capital (ROIC) for Zebra Technologies Corporation (ZBRA)?

The return on invested capital (ROIC) for ZBRA stock is 10.35%.

Is Zebra Technologies Corporation's return on invested capital (ROIC) high or low?

The return on invested capital (ROIC) of 10.35% is 18% above its 5-year average of 8.79%, around the middle of its 5-year range (5.76%–20.08%).

What is the TTM average return on invested capital (ROIC) for Zebra Technologies Corporation (ZBRA)?

The TTM average return on invested capital (ROIC) for ZBRA stock is 9.23%.

What is the 3Y average return on invested capital (ROIC) for Zebra Technologies Corporation (ZBRA)?

The 3Y average return on invested capital (ROIC) for ZBRA stock is 8.69%.

What is the 5Y average return on invested capital (ROIC) for Zebra Technologies Corporation (ZBRA)?

The 5Y average return on invested capital (ROIC) for ZBRA stock is 8.79%.

What is the 10Y average return on invested capital (ROIC) for Zebra Technologies Corporation (ZBRA)?

The 10Y average return on invested capital (ROIC) for ZBRA stock is 10.88%.

What is the 15Y average return on invested capital (ROIC) for Zebra Technologies Corporation (ZBRA)?

The 15Y average return on invested capital (ROIC) for ZBRA stock is 10.46%.

What is the 20Y average return on invested capital (ROIC) for Zebra Technologies Corporation (ZBRA)?

The 20Y average return on invested capital (ROIC) for ZBRA stock is 10.17%.

DATE	RETURN ON INVESTED CAPITAL (ROIC)
2026-07-04	10.35%
2026-04-04	8.74%
2025-12-31	8.63%
2025-09-27	9.20%
2025-06-28	10.32%
2025-03-29	10.16%
2024-12-31	9.73%
2024-09-28	8.46%
2024-06-29	5.76%
2024-03-30	6.32%
2023-12-31	7.25%
2023-09-30	9.34%
2023-07-01	12.19%
2023-04-01	8.22%
2022-12-31	8.32%
2022-10-01	7.66%
2022-07-02	8.78%
2022-04-02	17.60%
2021-12-31	18.88%
2021-10-02	20.08%
2021-07-03	19.32%
2021-04-03	16.93%
2020-12-31	15.07%
2020-09-26	13.91%
2020-06-27	16.92%
2020-03-28	17.59%
2019-12-31	17.97%
2019-09-28	16.36%
2019-06-29	15.75%
2019-03-30	14.36%
2018-12-31	15.34%
2018-09-29	11.44%
2018-06-30	8.29%
2018-03-31	6.97%
2017-12-31	5.32%
2017-09-30	7.38%
2017-07-01	4.19%
2017-04-01	3.05%
2016-12-31	2.17%
2016-10-01	0.82%
2016-07-02	2.03%
2016-04-02	1.06%
2015-12-31	1.28%
2015-10-03	0.14%
2015-07-04	0.19%
2015-04-04	1.21%
2014-12-31	1.92%
2014-09-27	11.37%
2014-06-28	13.66%
2014-03-29	14.25%
2013-12-31	13.12%
2013-09-28	13.52%
2013-06-29	12.45%
2013-03-30	12.71%
2012-12-31	13.99%
2012-09-29	14.25%
2012-06-30	15.44%
2012-03-31	16.27%
2011-12-31	16.71%
2011-10-01	16.74%
2011-07-02	15.50%
2011-04-02	14.00%
2010-12-31	13.75%
2010-10-02	12.30%
2010-07-03	10.18%
2010-04-03	8.43%
2009-12-31	6.41%
2009-10-03	-12.47%
2009-07-04	-9.00%
2009-04-04	-5.71%
2008-12-31	-2.11%
2008-09-27	11.47%
2008-06-28	10.64%
2008-03-29	10.65%
2007-12-31	10.33%
2007-09-29	9.21%
2007-06-30	5.64%
2007-03-31	6.12%
2006-12-31	6.20%
2006-09-30	6.85%
2006-07-01	10.54%
2006-04-01	10.74%
2005-12-31	11.45%
2005-10-01	12.41%
2005-07-02	12.29%
2005-04-02	13.37%
2004-12-31	14.26%
2004-10-02	13.87%
2004-07-03	13.78%
2004-04-03	13.33%
2003-12-31	13.28%
2003-09-27	13.35%
2003-06-28	13.10%

DATE

RETURN ON INVESTED CAPITAL (ROIC)

2026-07-04

10.35%

2026-04-04

8.74%

2025-12-31

8.63%

2025-09-27

9.20%

2025-06-28

10.32%

2025-03-29

10.16%

2024-12-31

9.73%

2024-09-28

8.46%

2024-06-29

5.76%

2024-03-30

6.32%

2023-12-31

7.25%

2023-09-30

9.34%

2023-07-01

12.19%

2023-04-01

8.22%

2022-12-31

8.32%

2022-10-01

7.66%

2022-07-02

8.78%

2022-04-02

17.60%

2021-12-31

18.88%

2021-10-02

20.08%

2021-07-03

19.32%

2021-04-03

16.93%

2020-12-31

15.07%

2020-09-26

13.91%

2020-06-27

16.92%

2020-03-28

17.59%

2019-12-31

17.97%

2019-09-28

16.36%

2019-06-29

15.75%

2019-03-30

14.36%

2018-12-31

15.34%

2018-09-29

11.44%

2018-06-30

8.29%

2018-03-31

6.97%

2017-12-31

5.32%

2017-09-30

7.38%

2017-07-01

4.19%

2017-04-01

3.05%

2016-12-31

2.17%

2016-10-01

0.82%

2016-07-02

2.03%

2016-04-02

1.06%

2015-12-31

1.28%

2015-10-03

0.14%

2015-07-04

0.19%

2015-04-04

1.21%

2014-12-31

1.92%

2014-09-27

11.37%

2014-06-28

13.66%

2014-03-29

14.25%

2013-12-31

13.12%

2013-09-28

13.52%

2013-06-29

12.45%

2013-03-30

12.71%

2012-12-31

13.99%

2012-09-29

14.25%

2012-06-30

15.44%

2012-03-31

16.27%

2011-12-31

16.71%

2011-10-01

16.74%

2011-07-02

15.50%

2011-04-02

14.00%

2010-12-31

13.75%

2010-10-02

12.30%

2010-07-03

10.18%

2010-04-03

8.43%

2009-12-31

6.41%

2009-10-03

-12.47%

2009-07-04

-9.00%

2009-04-04

-5.71%

2008-12-31

-2.11%

2008-09-27

11.47%

2008-06-28

10.64%

2008-03-29

10.65%

2007-12-31

10.33%

2007-09-29

9.21%

2007-06-30

5.64%

2007-03-31

6.12%

2006-12-31

6.20%

2006-09-30

6.85%

2006-07-01

10.54%

2006-04-01

10.74%

2005-12-31

11.45%

2005-10-01

12.41%

2005-07-02

12.29%

2005-04-02

13.37%

2004-12-31

14.26%

2004-10-02

13.87%

2004-07-03

13.78%

2004-04-03

13.33%

2003-12-31

13.28%

2003-09-27

13.35%

2003-06-28

13.10%

Return on Invested Capital (ROIC): 10.35%

ZBRA Return on Invested Capital (ROIC)

ZBRA Average Return on Invested Capital (ROIC) Chart

ZBRA Current vs Average Return on Invested Capital (ROIC) Chart

ZBRA Return on Invested Capital (ROIC) Metrics

ZBRA Competitors' Return on Invested Capital (ROIC)

Capital Efficiency

Return on Invested Capital (ROIC) Formula & Definition

Return on Invested Capital (ROIC) FAQ

ZBRA Return on Invested Capital (ROIC) History

Related Metrics