Zebra Technologies Corporation (ZBRA) Return on Invested Capital (ROIC): 8.81%
Is Zebra Technologies Corporation’s return on invested capital (ROIC) high or low?
Zebra Technologies Corporation's return on invested capital (ROIC) of 8.81% is 22% below its 5-year average of 11.27%, near the low end of its 5-year range (7.20%–18.74%).
The return on invested capital (ROIC) for Zebra Technologies Corporation (ZBRA) is 8.81% as of Wednesday, June 10, 2026. It is below its 12-month average by 4.65% (9.24%).
ZBRA Return on Invested Capital (ROIC) Chart
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
RETURN ON INVESTED CAPITAL (ROIC)
8.81%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
9.24%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
8.49%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
11.27%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
9.60%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
10.34%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
9.40%
CURRENT VS TTM AVG
-4.65%
CURRENT VS 3Y AVG
+3.83%
CURRENT VS 5Y AVG
-21.84%
CURRENT VS 10Y AVG
-8.26%
CURRENT VS 15Y AVG
-14.78%
CURRENT VS 20Y AVG
-6.29%
ZBRA Competitors' Return on Invested Capital (ROIC)
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Zebra Technologies Corporation (ZBRA) | — | 8.81% | 9.24% | 8.49% | 11.27% |
| Skyworks Solutions, Inc. (SWKS) | $10.64B | 6.35% | 6.35% | 9.08% | 12.47% |
| HubSpot, Inc. (HUBS) | $10.13B | 0.31% | -0.05% | -3.75% | -3.62% |
| Unity Software Inc. (U) | $11.64B | -7.17% | -9.97% | -11.50% | -11.84% |
| Dynatrace, Inc. (DT) | $11.87B | 4.99% | 5.73% | 5.68% | 5.29% |
| Trimble Inc. (TRMB) | $11.97B | 6.48% | 5.49% | 5.24% | 6.09% |
| DocuSign, Inc. (DOCU) | $8.76B | 12.04% | 10.56% | 4.33% | -0.20% |
| Juniper Networks, Inc. (JNPR) | $13.36B | 3.75% | 4.78% | 5.09% | 4.98% |
| UiPath Inc. (PATH) | $5.72B | 2.68% | -2.37% | -7.13% | -12.37% |
| PTC Inc. (PTC) | $15.70B | 14.43% | 11.70% | 9.92% | 9.55% |
Capital Efficiency
ROIC
8.8%
ROE
12.1%
Zebra Technologies Corporation Return on Invested Capital (ROIC) Formula & Definition
ROIC = NOPAT / Invested Capital
Return on invested capital measures the after-tax return a company earns on all capital (debt and equity) invested in the business.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Zebra Technologies Corporation 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 8.81%.
- Is Zebra Technologies Corporation's return on invested capital (ROIC) high or low?
- Zebra Technologies Corporation's return on invested capital (ROIC) of 8.81% is 22% below its 5-year average of 11.27%, near the low end of its 5-year range (7.20%–18.74%).
- 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 9.24%.
- 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 8.49%.
- 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 11.27%.
- 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 9.60%.
- 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 10.34%.
- 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 9.40%.
Zebra Technologies Corporation Return on Invested Capital (ROIC) History
| DATE | RETURN ON INVESTED CAPITAL (ROIC) |
|---|---|
| 2025-12-31 | 8.81% |
| 2024-12-31 | 9.67% |
| 2023-12-31 | 7.20% |
| 2022-12-31 | 8.26% |
| 2021-12-31 | 18.74% |
| 2020-12-31 | 14.95% |
| 2019-12-31 | 17.82% |
| 2018-12-31 | 15.34% |
| 2017-12-31 | 1.89% |
| 2016-12-31 | 2.17% |
| 2015-12-31 | 0.78% |
| 2014-12-31 | 1.95% |
| 2013-12-31 | 13.06% |
| 2012-12-31 | 14.10% |
| 2011-12-31 | 16.71% |
| 2010-12-31 | 13.95% |
| 2009-12-31 | 6.33% |
| 2008-12-31 | -2.11% |
| 2007-12-31 | 10.33% |
| 2006-12-31 | 6.20% |
| 2005-12-31 | 11.28% |
| 2004-12-31 | 13.57% |
| 2003-12-31 | 13.28% |
| 2002-12-31 | 12.25% |
| 2001-12-31 | 13.27% |
| 2000-12-31 | 20.59% |
| 1999-12-31 | 20.01% |
| 1998-12-31 | 15.05% |
| 1997-12-31 | 25.14% |
| 1996-12-31 | 25.75% |
Related Metrics
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.
- Sector
- Technology
- Industry
- Communication Equipment
- CEO
- William J. Burns