GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Zebra Technologies Corp (NAS:ZBRA) » Definitions » Gross Margin %

ZBRA (Zebra Technologies) Gross Margin % : 48.84% (As of Sep. 2024)


View and export this data going back to 1991. Start your Free Trial

What is Zebra Technologies Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Zebra Technologies's Gross Profit for the three months ended in Sep. 2024 was $613 Mil. Zebra Technologies's Revenue for the three months ended in Sep. 2024 was $1,255 Mil. Therefore, Zebra Technologies's Gross Margin % for the quarter that ended in Sep. 2024 was 48.84%.


The historical rank and industry rank for Zebra Technologies's Gross Margin % or its related term are showing as below:

ZBRA' s Gross Margin % Range Over the Past 10 Years
Min: 45.03   Med: 46.13   Max: 47.53
Current: 47.53


During the past 13 years, the highest Gross Margin % of Zebra Technologies was 47.53%. The lowest was 45.03%. And the median was 46.13%.

ZBRA's Gross Margin % is ranked better than
85.88% of 2422 companies
in the Hardware industry
Industry Median: 24.655 vs ZBRA: 47.53

Zebra Technologies had a gross margin of 48.84% for the quarter that ended in Sep. 2024 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Zebra Technologies was -0.40% per year.


Zebra Technologies Gross Margin % Historical Data

The historical data trend for Zebra Technologies's Gross Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Zebra Technologies Gross Margin % Chart

Zebra Technologies Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 46.82 45.03 46.70 45.39 46.31

Zebra Technologies Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Gross Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 44.67 44.40 47.91 48.40 48.84

Competitive Comparison of Zebra Technologies's Gross Margin %

For the Communication Equipment subindustry, Zebra Technologies's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Zebra Technologies's Gross Margin % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Zebra Technologies's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Zebra Technologies's Gross Margin % falls into.



Zebra Technologies Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Zebra Technologies's Gross Margin for the fiscal year that ended in Dec. 2023 is calculated as

Gross Margin % (A: Dec. 2023 )=Gross Profit (A: Dec. 2023 ) / Revenue (A: Dec. 2023 )
=2123 / 4584
=(Revenue - Cost of Goods Sold) / Revenue
=(4584 - 2461) / 4584
=46.31 %

Zebra Technologies's Gross Margin for the quarter that ended in Sep. 2024 is calculated as


Gross Margin % (Q: Sep. 2024 )=Gross Profit (Q: Sep. 2024 ) / Revenue (Q: Sep. 2024 )
=613 / 1255
=(Revenue - Cost of Goods Sold) / Revenue
=(1255 - 642) / 1255
=48.84 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


Zebra Technologies  (NAS:ZBRA) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Zebra Technologies had a gross margin of 48.84% for the quarter that ended in Sep. 2024 => Durable competitive advantage


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


Zebra Technologies Gross Margin % Related Terms

Thank you for viewing the detailed overview of Zebra Technologies's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Zebra Technologies Business Description

Address
3 Overlook Point, Lincolnshire, IL, USA, 60069
Zebra Technologies is a leading provider of automatic identification and data capture technology to enterprises. Its solutions include barcode printers and scanners, mobile computers, and workflow optimization software. The firm primarily serves the retail, transportation logistics, manufacturing, and healthcare markets, designing custom solutions to improve efficiency at its customers.
Executives
O'sullivan Colleen M officer: Chief Accounting Officer C/O ZEBRA TECHNOLOGIES CORPORATION, 3 OVERLOOK POINT, LINCOLNSHIRE IL 60069
Michael Cho officer: SVP, Corporate Development C/O ZEBRA TECHNOLOGIES CORPORATION, LINCOLNSHIRE IL 60069
Joseph Ramsey White officer: Chief Product & Solutions C/O ZEBRA TECHNOLOGIES, 3 OVERLOOK POINT, LINCOLNSHIRE IL 60069
Richard Edward Hudson officer: Chief Revenue Officer C/O ZEBRA TECHNOLOGIES CORPORATION, 3 OVERLOOK POINT, LINCOLNSHIRE IL 60069
Cristen L Kogl officer: SVP, General Counsel & Secty 3 OVERLOOK POINT, LINCOLNSHIRE IL 60069
Armstrong Robert John Jr officer: Chief Marketing Officer C/O ZEBRA TECHNOLOGIES, 3 OVERLOOK POINT, LINCOLNSHIRE IL 60069
Jeffrey F Schmitz officer: SVP, Chief Marketing Officer C/O ZEBRA TECHNOLOGIES CORPORATION, 3 OVERLOOK POINT, LINCOLNSHIRE IL 60069
Nathan Andrew Winters officer: Acting Chief Financial Officer C/O ZEBRA TECHNOLOGIES CORPORATION, 3 OVERLOOK POINT, LINCOLNSHIRE IL 60069
Bill Burns officer: SVP, Chief Product & Solutions C/O ZEBRA TECHNOLOGIES CORPORATION, 1 ZEBRA PLAZA, HOLTSVILLE NY 11742-1300
Frank Blaise Modruson director C/O ZEBRA TECHNOLOGIES CORPORATION, 3 OVERLOOK POINT, LINCOLNSHIRE IL 60069
Richard L Keyser director 100 GRAINGER PARKWAY, LAKE FOREST IL 60045
Anders Gustafsson director, officer: Chief Executive Officer C/O ZEBRA TECHNOLOGIES CORPORATION, 3 OVERLOOK POINT, LINCOLNSHIRE IL 60069
Satish Dhanasekaran director 1400 FOUNTAINGROVE PARKWAY, SANTA ROSA CA 95403
Tamara Dionne Froese officer: Chief Supply Chain Officer C/O ZEBRA TECHNOLOGIES, 3 OVERLOOK POINT, LINCOLNSHIRE IL 60069
Stephen Edgar Williams officer: SVP, Global Supply Chain C/O ZEBRA TECHNOLOGIES CORPORATION, 3 OVERLOOK POINT, LINCOLNSHIRE IL 60069