Zebra Technologies Corporation (ZBRA) — Tangible Net Worth Ratio
Zebra Technologies Corporation (ZBRA) has a Tangible Net Worth Ratio of 77.5% as of December 2025. This metric is calculated by deducting intangible assets ($809.00 Million) from net assets ($3.59 Billion) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. See how liquid is Zebra Technologies Corporation's working capital to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Zebra Technologies Corporation Tangible Net Worth Ratio (1990–2025)
This chart shows how Zebra Technologies Corporation's Tangible Net Worth Ratio has changed across 36 annual periods from 1990 to 2025. As of December 2025, the ratio stands at 77.5%, reflecting net assets of $3.59 Billion with intangible assets of $809.00 Million USD. See ZBRA defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Zebra Technologies Corporation (1990–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for Zebra Technologies Corporation from 1990 to 2025, covering 36 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For the full company profile including market capitalisation, see ZBRA market cap overview.
| Year | Tangible NW Ratio | Net Assets (USD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 77.5% | $3.59 Billion | $809.00 Million | $8.50 Billion | ▼ -10.8 pp |
| 2024 | 88.2% | $3.59 Billion | $422.00 Million | $7.97 Billion | ▲ +5.6 pp |
| 2023 | 82.6% | $3.04 Billion | $527.00 Million | $7.31 Billion | ▲ +5.7 pp |
| 2022 | 76.9% | $2.73 Billion | $630.00 Million | $7.53 Billion | ▼ -7.3 pp |
| 2021 | 84.3% | $2.98 Billion | $469.00 Million | $6.21 Billion | ▲ +3.0 pp |
| 2020 | 81.3% | $2.14 Billion | $402.00 Million | $5.38 Billion | ▼ -3.8 pp |
| 2019 | 85.0% | $1.84 Billion | $275.00 Million | $4.71 Billion | ▲ +2.4 pp |
| 2018 | 82.6% | $1.33 Billion | $232.00 Million | $4.34 Billion | ▲ +18.5 pp |
| 2017 | 64.1% | $834.00 Million | $299.00 Million | $4.28 Billion | ▲ +24.8 pp |
| 2016 | 39.4% | $792.00 Million | $480.00 Million | $4.63 Billion | ▲ +22.4 pp |
| 2015 | 17.0% | $912.87 Million | $757.52 Million | $5.02 Billion | ▲ +16.0 pp |
| 2014 | 1.0% | $1.04 Billion | $1.03 Billion | $5.57 Billion | ▼ -91.8 pp |
| 2013 | 92.8% | $958.66 Million | $68.97 Million | $1.12 Billion | ▼ -2.6 pp |
| 2012 | 95.4% | $857.00 Million | $39.15 Million | $967.75 Million | ▼ -2.9 pp |
| 2011 | 98.4% | $776.92 Million | $12.67 Million | $899.01 Million | ▲ +5.2 pp |
| 2010 | 93.2% | $730.03 Million | $49.71 Million | $878.86 Million | ▲ +1.1 pp |
| 2009 | 92.1% | $712.13 Million | $55.98 Million | $830.48 Million | ▲ +1.5 pp |
| 2008 | 90.7% | $710.74 Million | $66.36 Million | $850.88 Million | ▲ +3.9 pp |
| 2007 | 86.8% | $902.69 Million | $119.42 Million | $1.03 Billion | ▼ -9.4 pp |
| 2006 | 96.1% | $877.68 Million | $34.02 Million | $963.14 Million | ▼ -1.6 pp |
| 2005 | 97.8% | $850.51 Million | $19.00 Million | $912.20 Million | ▼ -1.4 pp |
| 2004 | 99.2% | $797.65 Million | $6.52 Million | $862.22 Million | ▲ +9.9 pp |
| 2003 | 89.2% | $651.91 Million | $70.18 Million | $701.61 Million | ▲ +0.1 pp |
| 2002 | 89.1% | $534.15 Million | $58.01 Million | $573.09 Million | ▼ -4.9 pp |
| 2001 | 94.0% | $445.01 Million | $26.69 Million | $479.56 Million | ▲ +11.2 pp |
| 2000 | 82.8% | $371.29 Million | $63.81 Million | $418.90 Million | ▼ -17.2 pp |
| 1999 | 100.0% | $349.30 Million | $0.00 | $394.60 Million | ▲ +0.0 pp |
| 1998 | 100.0% | $270.90 Million | $0.00 | $310.00 Million | ▲ +0.0 pp |
| 1997 | 100.0% | $179.60 Million | $0.00 | $203.60 Million | ▲ +0.0 pp |
| 1996 | 100.0% | $140.50 Million | $0.00 | $163.30 Million | ▲ +0.0 pp |
| 1995 | 100.0% | $108.20 Million | $0.00 | $131.10 Million | ▲ +0.0 pp |
| 1994 | 100.0% | $82.00 Million | $0.00 | $95.00 Million | ▲ +0.0 pp |
| 1993 | 100.0% | $60.60 Million | $0.00 | $76.70 Million | ▲ +0.0 pp |
| 1992 | 100.0% | $42.20 Million | $0.00 | $54.80 Million | ▲ +0.0 pp |
| 1991 | 100.0% | $30.70 Million | $0.00 | $48.90 Million | ▲ +0.0 pp |
| 1990 | 100.0% | $11.90 Million | $0.00 | $16.20 Million | — |