Zebra Technologies Corporation (ZBRA) — Free Cash Flow Generation Index
Zebra Technologies Corporation (ZBRA) has a Free Cash Flow Generation Index of 0.92x as of December 2025. Free cash flow of $327.00 Million represents 1% of operating cash flow ($357.00 Million). See ZBRA current assets to equity ratio to evaluate short-term liquidity relative to the company's equity base.
FCF Generation Index
Free Cash Flow
Operating Cash Flow
Capital Expenditures
Zebra Technologies Corporation Free Cash Flow Generation Index (1990–2025)
Historical FCF Generation Index trend for Zebra Technologies Corporation across 33 annual periods. Explore ZBRA debt coverage from operations to assess how comfortably operating cash covers total debt obligations.
Annual Free Cash Flow Generation for Zebra Technologies Corporation (1990–2025)
Year-by-year Free Cash Flow Generation Index for Zebra Technologies Corporation. For the full company profile including market capitalisation, see ZBRA market cap.
| Year | FCG Index | Free Cash Flow (USD) | Operating CF | Capital Expenditures | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.91x | $831.00 Million | $917.00 Million | $86.00 Million | ▼ -3.8% |
| 2024 | 0.94x | $954.00 Million | $1.01 Billion | $59.00 Million | ▲ +11.3% |
| 2022 | 0.85x | $413.00 Million | $488.00 Million | $75.00 Million | ▼ -10.4% |
| 2021 | 0.94x | $1.01 Billion | $1.07 Billion | $59.00 Million | ▲ +1.6% |
| 2020 | 0.93x | $895.00 Million | $962.00 Million | $67.00 Million | ▲ +2.1% |
| 2019 | 0.91x | $624.00 Million | $685.00 Million | $61.00 Million | ▼ -0.8% |
| 2018 | 0.92x | $721.00 Million | $785.00 Million | $64.00 Million | ▲ +2.6% |
| 2017 | 0.90x | $428.00 Million | $478.00 Million | $50.00 Million | ▲ +12.9% |
| 2016 | 0.79x | $295.00 Million | $372.00 Million | $77.00 Million | ▲ +796.8% |
| 2015 | -0.11x | $-11.68 Million | $102.58 Million | $114.25 Million | ▼ -113.1% |
| 2014 | 0.87x | $209.03 Million | $240.32 Million | $31.29 Million | ▼ -2.1% |
| 2013 | 0.89x | $173.06 Million | $194.77 Million | $21.71 Million | ▲ +3.5% |
| 2012 | 0.86x | $157.39 Million | $183.33 Million | $25.94 Million | ▲ +32.8% |
| 2011 | 0.65x | $51.47 Million | $79.62 Million | $28.15 Million | ▼ -14.5% |
| 2010 | 0.76x | $106.24 Million | $140.46 Million | $34.22 Million | ▼ -0.5% |
| 2009 | 0.76x | $80.38 Million | $105.70 Million | $25.32 Million | ▲ +14.8% |
| 2008 | 0.66x | $82.97 Million | $125.21 Million | $42.24 Million | ▼ -20.2% |
| 2007 | 0.83x | $131.25 Million | $158.12 Million | $26.87 Million | ▲ +43.7% |
| 2006 | 0.58x | $50.96 Million | $88.25 Million | $37.29 Million | ▼ -31.7% |
| 2005 | 0.85x | $78.30 Million | $92.59 Million | $14.29 Million | ▼ -1.0% |
| 2004 | 0.85x | $95.01 Million | $111.26 Million | $16.24 Million | ▼ -7.1% |
| 2003 | 0.92x | $96.11 Million | $104.52 Million | $8.41 Million | ▲ +190.0% |
| 2001 | 0.32x | $4.46 Million | $14.08 Million | $9.61 Million | ▼ -66.0% |
| 2000 | 0.93x | $124.97 Million | $133.92 Million | $8.95 Million | ▲ +83.4% |
| 1999 | 0.51x | $11.70 Million | $23.00 Million | $11.30 Million | ▲ +164.4% |
| 1998 | 0.19x | $6.10 Million | $31.70 Million | $25.60 Million | ▲ +106.4% |
| 1996 | -3.00x | $-4.50 Million | $1.50 Million | $6.00 Million | ▼ -574.3% |
| 1995 | 0.63x | $7.40 Million | $11.70 Million | $4.30 Million | ▼ -32.5% |
| 1994 | 0.94x | $31.50 Million | $33.60 Million | $2.10 Million | ▲ +24.6% |
| 1993 | 0.75x | $7.60 Million | $10.10 Million | $2.50 Million | ▼ -9.0% |
| 1992 | 0.83x | $10.50 Million | $12.70 Million | $2.20 Million | ▼ -11.7% |
| 1991 | 0.94x | $10.30 Million | $11.00 Million | $700.00K | ▲ +4.8% |
| 1990 | 0.89x | $8.40 Million | $9.40 Million | $1.00 Million | — |