Zebra Technologies Corporation (ZBRA) — Cash Flow Quality Index

Latest as of March 2026: 1.30x

Zebra Technologies Corporation (ZBRA) has a Cash Flow Quality Index of 1.30x as of March 2026. Operating cash flow of $176.00 Million exceeds net income of $135.00 Million, indicating high earnings quality where cash backs reported profits. Explore Zebra Technologies Corporation cash debt coverage ratio to assess how comfortably operating cash covers total debt obligations.

Cash Flow Quality Index

1.30x
Operating CF / Net Income

Operating Cash Flow

$176.00 Million
USD

Net Income

$135.00 Million
USD

Data as of

Mar 2026
Most recent filing

Zebra Technologies Corporation Cash Flow Quality Index (1990–2025)

Historical Cash Flow Quality Index for Zebra Technologies Corporation across 33 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see Zebra Technologies Corporation cash flow conversion.

Annual Cash Flow Quality Index for Zebra Technologies Corporation (1990–2025)

Year-by-year earnings quality comparison for Zebra Technologies Corporation.

Year Quality Index Operating CF (USD) Net Income YoY Change
2025 2.19x $917.00 Million $419.00 Million ▲ +14.1%
2024 1.92x $1.01 Billion $528.00 Million ▲ +14297.3%
2023 -0.01x $-4.00 Million $296.00 Million ▼ -101.3%
2022 1.05x $488.00 Million $463.00 Million ▼ -17.5%
2021 1.28x $1.07 Billion $837.00 Million ▼ -33.1%
2020 1.91x $962.00 Million $504.00 Million ▲ +51.6%
2019 1.26x $685.00 Million $544.00 Million ▼ -32.5%
2018 1.86x $785.00 Million $421.00 Million ▼ -93.4%
2017 28.12x $478.00 Million $17.00 Million ▲ +279.4%
2014 7.41x $240.32 Million $32.43 Million ▲ +411.2%
2013 1.45x $194.77 Million $134.36 Million ▼ -2.8%
2012 1.49x $183.33 Million $122.90 Million ▲ +227.2%
2011 0.46x $79.62 Million $174.64 Million ▼ -67.0%
2010 1.38x $140.46 Million $101.78 Million ▼ -38.5%
2009 2.24x $105.70 Million $47.10 Million ▲ +56.3%
2007 1.44x $158.12 Million $110.11 Million ▲ +15.4%
2006 1.24x $88.25 Million $70.95 Million ▲ +49.9%
2005 0.83x $92.59 Million $111.60 Million ▼ -10.0%
2004 0.92x $111.26 Million $120.64 Million ▼ -19.1%
2003 1.14x $104.52 Million $91.70 Million ▲ +709.3%
2002 -0.19x $-13.39 Million $71.59 Million ▼ -181.8%
2001 0.23x $14.08 Million $61.53 Million ▼ -87.8%
2000 1.87x $133.92 Million $71.62 Million ▲ +465.8%
1999 0.33x $23.00 Million $69.60 Million ▼ -58.2%
1998 0.79x $31.70 Million $40.10 Million ▲ +698.1%
1997 -0.13x $-5.30 Million $40.10 Million ▼ -354.6%
1996 0.05x $1.50 Million $28.90 Million ▼ -90.0%
1995 0.52x $11.70 Million $22.60 Million ▼ -67.5%
1994 1.59x $33.60 Million $21.10 Million ▲ +188.5%
1993 0.55x $10.10 Million $18.30 Million ▼ -48.7%
1992 1.08x $12.70 Million $11.80 Million ▼ -16.8%
1991 1.29x $11.00 Million $8.50 Million ▼ -9.1%
1990 1.42x $9.40 Million $6.60 Million
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.