Is it safe?
Can ZBRA take a bad year?
Zebra Technologies carries $2.54B of net debt at 2.87× EBITDA: a load its earnings can carry.
$2.54B
Net debt · as at Q1 2026 · between two and four years of EBITDA, normal for a stable business
- Net debt / EBITDA
- 2.87×
Net debt / EBITDA · 1.41× a year ago · the load is going up
- Altman Z-score
- 3.25
Altman Z-score · safe zone, above 3
- Debt / equity
- 0.76×
Debt / equity
Details›
- Total debtQ1 2026
- $2.65B
- Cash and short-term investments
- $114M
- Net debt
- $2.54B
- EBITDA, trailing twelve months
- $885M
- Operating profit, trailing twelve months
- $720M
- Debt / equity
- 0.76×
- Total debt / EBITDA
- 3.00×
- Annualised volatilitytwo years of daily moves
- 46%
- Worst drawdown on file
- −68%
- Below its 52-week high
- −6.1%
Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.
Communication Equipment
Ranks #13 of 21 by Smart Score