Zebra Technologies Debt-to-Equity Ratio Growth & History (ZBRA)
Zebra Technologies's debt-to-equity ratio was 0.75 for fiscal 2025.
View full Zebra Technologies company overviewZebra Technologies annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 0.75 | 0.09 | +14.12% |
| 2024 | 2024-12-31 | 0.66 | −0.14 | −17.16% |
| 2023 | 2023-12-31 | 0.80 | −0.01 | −1.18% |
| 2022 | 2022-12-31 | 0.80 | 0.42 | +109.69% |
| 2021 | 2021-12-31 | 0.38 | −0.27 | −41.40% |
| 2020 | 2020-12-31 | 0.65 | −0.11 | −14.35% |
| 2019 | 2019-12-31 | 0.76 | −0.43 | −35.85% |
| 2018 | 2018-12-31 | 1.19 | −1.48 | −55.37% |
| 2017 | 2017-12-31 | 2.67 | −0.67 | −20.13% |
| 2016 | 2016-12-31 | 3.34 | −0.03 | −0.87% |
| 2015 | 2015-12-31 | 3.37 | 0.33 | +11.01% |
| 2014 | 2014-12-31 | 3.04 | 3.04 | — |
| 2013 | 2013-12-31 | 0.00 | — | — |
Zebra Technologies quarterly debt-to-equity ratio
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-07-04 | 0.86 | 0.21 | +32.16% |
| Q1 2026 | 2026-04-04 | 0.82 | 0.17 | +26.09% |
| Q4 2025 | 2025-12-31 | 0.75 | 0.09 | +14.12% |
| Q3 2025 | 2025-09-27 | 0.63 | −0.06 | −9.12% |
| Q2 2025 | 2025-06-28 | 0.65 | −0.06 | −8.93% |
| Q1 2025 | 2025-03-29 | 0.65 | −0.07 | −9.46% |
| Q4 2024 | 2024-12-31 | 0.66 | −0.14 | −17.16% |
| Q3 2024 | 2024-09-28 | 0.69 | −0.12 | −15.15% |
| Q2 2024 | 2024-06-29 | 0.72 | −0.09 | −10.83% |
| Q1 2024 | 2024-03-30 | 0.72 | −0.07 | −9.13% |
| Q4 2023 | 2023-12-31 | 0.80 | −0.01 | −1.18% |
| Q3 2023 | 2023-09-30 | 0.82 | −0.07 | −7.49% |
| Q2 2023 | 2023-07-01 | 0.80 | −0.13 | −14.26% |
| Q1 2023 | 2023-04-01 | 0.79 | 0.36 | +83.84% |
| Q4 2022 | 2022-12-31 | 0.80 | 0.42 | +109.69% |
| Q3 2022 | 2022-10-01 | 0.88 | 0.49 | +123.80% |
| Q2 2022 | 2022-07-02 | 0.94 | 0.51 | +118.78% |
| Q1 2022 | 2022-04-02 | 0.43 | −0.07 | −14.36% |
| Q4 2021 | 2021-12-31 | 0.38 | −0.27 | −41.40% |
| Q3 2021 | 2021-10-02 | 0.39 | −0.47 | −54.57% |
| Q2 2021 | 2021-07-03 | 0.43 | −0.31 | −41.67% |
| Q1 2021 | 2021-04-03 | 0.50 | −0.36 | −41.81% |
| Q4 2020 | 2020-12-31 | 0.65 | −0.11 | −14.35% |
| Q3 2020 | 2020-09-26 | 0.87 | −0.11 | −11.21% |
| Q2 2020 | 2020-06-27 | 0.73 | −0.45 | −38.22% |
| Q1 2020 | 2020-03-28 | 0.86 | −0.41 | −32.15% |
| Q4 2019 | 2019-12-31 | 0.76 | −0.43 | −35.85% |
| Q3 2019 | 2019-09-28 | 0.98 | −0.59 | −37.55% |
| Q2 2019 | 2019-06-29 | 1.19 | −0.67 | −36.20% |
| Q1 2019 | 2019-03-30 | 1.27 | −0.90 | −41.44% |
| Q4 2018 | 2018-12-31 | 1.19 | −1.48 | −55.37% |
| Q3 2018 | 2018-09-29 | 1.57 | −1.49 | −48.69% |
| Q2 2018 | 2018-06-30 | 1.86 | −1.11 | −37.44% |
| Q1 2018 | 2018-03-31 | 2.17 | −1.06 | −32.82% |
| Q4 2017 | 2017-12-31 | 2.67 | −0.67 | −20.13% |
| Q3 2017 | 2017-09-30 | 3.05 | −0.67 | −18.09% |
| Q2 2017 | 2017-07-01 | 2.98 | −0.54 | −15.32% |
| Q1 2017 | 2017-04-01 | 3.24 | −0.17 | −5.12% |
| Q4 2016 | 2016-12-31 | 3.34 | −0.03 | −0.87% |
| Q3 2016 | 2016-10-01 | 3.73 | 0.40 | +11.95% |
| Q2 2016 | 2016-07-02 | 3.52 | 0.32 | +10.06% |
| Q1 2016 | 2016-04-02 | 3.41 | 0.35 | +11.31% |
| Q4 2015 | 2015-12-31 | 3.37 | 0.33 | +11.01% |
| Q3 2015 | 2015-10-03 | 3.33 | 3.33 | — |
| Q2 2015 | 2015-07-04 | 3.20 | 3.20 | — |
| Q1 2015 | 2015-04-04 | 3.06 | 3.06 | — |
| Q4 2014 | 2014-12-31 | 3.04 | 3.04 | — |
| Q3 2014 | 2014-09-27 | 0.00 | — | — |
| Q2 2014 | 2014-06-28 | 0.00 | — | — |
| Q1 2014 | 2014-03-29 | 0.00 | — | — |
| Q4 2013 | 2013-12-31 | 0.00 | — | — |
Zebra Technologies debt-to-equity ratio trends
Over the last five fiscal years, Zebra Technologies's debt-to-equity ratio increased from 0.65 to 0.75, a change of 0.10. The latest reported quarter, Q2 2026, shows 0.86.
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by SEC-reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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