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Zebra Technologies (HAM:ZT1A) Net Margin % Explanation
Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.
But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.
Zebra Technologies Net Margin % Related Terms
Zebra Technologies Net Margin % Historical Data
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The historical data trend for Zebra Technologies's Net 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.
HAM:ZT1A vs ASTS, VSAT, AAOI: Net Margin % Comparison
For the Communication Equipment subindustry, Zebra Technologies's Net Margin %, along with its competitors' market caps and Net 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 Net Margin % vs Hardware Industry
For the Hardware industry and Technology sector, Zebra Technologies's Net Margin % distribution charts can be found below:
* The bar in red indicates where Zebra Technologies's Net Margin % falls into.
* 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.
Zebra Technologies (HAM:ZT1A) has a Net Margin % of 14.98% as of Jun. 2026. Net margin is the ratio of total net income to net sales. View historical data on Zebra Technologies and its competitors. This is 66% above median its historical median of 9.00. According to the industry distribution chart, Zebra Technologies ranks #627 out of 2472 companies in the Hardware industry, placing it in the top 25.4%.
Is Zebra Technologies' Net Margin % too high?
Zebra Technologies' current Net Margin % of 14.98% is 66% above median its 10-year median of 9.00. The Hardware industry median Net Margin % is 3.17. Zebra Technologies' value of 14.98% is 373.3% above this industry median. Based on the distribution chart, Zebra Technologies ranks #627 out of 2472 companies in the Hardware industry, which is above the industry midpoint. Overall, Zebra Technologies has a GF Score™ of 84/100, reflecting its overall financial health beyond just this single metric.
How does Zebra Technologies' Net Margin % compare to ASTS and VSAT?
According to the Hardware industry distribution chart, Zebra Technologies ranks #627 out of 2472 companies for Net Margin %. This puts Zebra Technologies in the upper half of its industry. The industry median Net Margin % is 3.17. Zebra Technologies' value of 14.98% is 373.3% above this benchmark. While the company's 10-year median is 9.00 vs. the industry median of 3.17, Zebra Technologies has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Margin % for a Hardware company?
The median Net Margin % among Hardware companies is 3.17, based on 2,472 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Zebra Technologies's current Net Margin % of 14.98% is 373.3% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on Zebra Technologies and its competitors. For the Hardware industry, the median Net Margin % is 3.17 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zebra Technologies's current Net Margin % is 14.98%, which is 66% above median its own 10-year median of 9.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zebra Technologies stock overvalued right now?
Zebra Technologies (HAM:ZT1A) has a current Net Margin % of 14.98%. The stock's GF Value™ is €299.39, compared to a current price of €298.00 — trading 0.5% below its estimated fair value. The current Net Margin % is 14.98%, which is 66% above median its 10-year median of 9.00 and 373.3% above the Hardware industry median of 3.17. Zebra Technologies' overall GF Score™ is 84/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For Zebra Technologies (HAM:ZT1A), the current Net Margin % is 14.98% as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Zebra Technologies (HAM:ZT1A) Overvalued in 2026?
Based on GuruFocus' analysis, Zebra Technologies stock appears to be undervalued.
The current stock price of €298.00 is trading 0.5% below its estimated GF Value™ of €299.39.
Key valuation signals for HAM:ZT1A:
Net Margin %: 14.98% (66% above median its 10-year median of 9.00)
GF Value™: €299.39 vs. price of €298.00 (0.5% below fair value)
Industry Position: 373.3% above the Hardware median (#627 of 2472)
No single metric tells the full story. See the HAM:ZT1A stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Zebra Technologies Corp. is a provider of automatic identification and data capture (AIDC) hardware, software, and services. Its product portfolio includes barcode and RFID printers, scanners, mobile computing devices, machine vision systems, and workflow automation software, sold under brands such as Zebra, Motorola (acquired), and Fetch Robotics. The company serves customers in retail and e-commerce, transportation and logistics, manufacturing, healthcare, and public safety, offering solutions that track assets, inventory, and people across supply chains. Zebra generates revenue through hardware sales, software licenses and subscriptions, and a broad range of services including maintenance, repair, managed services, and software support. It operates globally, with significant revenue from North America, Europe, and Asia-Pacific, and sells directly and through a network of channel partners, distributors, and resellers.
84GF Score
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