Vontier vs Zebra Technologies
Zebra Technologies reported revenue of $5.4 billion in fiscal 2025, 1.8 times Vontier's $3.1 billion in fiscal 2025. Vontier's revenue grew 3.2% in its latest year, and Zebra Technologies' grew 8.3%. Vontier had an operating margin of 18.3%, against 13.0% at Zebra Technologies. Free cash flow was $441 million at Vontier and $831 million at Zebra Technologies.
Side by side
| Vontier | Zebra Technologies | |
|---|---|---|
| Latest fiscal year | FY2025, Dec 31, 2025 | FY2025, Dec 31, 2025 |
| Revenue | $3.1B | $5.4B |
| Revenue growth | 3.2% | 8.3% |
| Revenue growth a year, last 5 years | 2.6% | 3.9% |
| Gross margin | — | 48.0% |
| Operating margin | 18.3% | 13.0% |
| Net margin | 13.2% | 7.8% |
| Free cash flow | $441M | $831M |
| Free cash flow margin | 14.3% | 15.4% |
| Return on capital | 15.8% | 9.7% |
| Net debt to EBITDA | 2.6x | 2.7x |
| Dividends and buybacks | $315M | $587M |
| Change in diluted share count | −4.2% | −1.3% |
| Last close | $34.60 | $384.15 |
| P/E at the last close | 14.3× | 35.1× |
| Insider trades, last 12 months | sold $688,345 | bought $386,823, sold $2.4 million |
| Piotroski F-score | 6 of 8 | 4 of 9 |
Amounts in each company's own currency, US$ unless marked (a foreign company may report in another), each company's latest fiscal year from its 10-K, or 20-F or 40-F for a foreign company. Growth rates compare with the year before; the five-year rate is the average a year. Free cash flow is cash from operations minus capital spending; return on capital is after-tax operating income over the money invested in the business; P/E is the last close over the latest earnings per share. Banks are measured differently (return on equity, efficiency ratio), so some rows apply to one company only.
Ten years
Revenue
US$ billions, fiscal years
VontierZebra Technologies
Operating margin
Percent of revenue
VontierZebra Technologies
Free cash flow
US$ billions. Cash from operations minus capital expenditure.
VontierZebra Technologies
Source: the companies' Form 10-K filings, from SEC EDGAR, and the last close. For information only, not investment advice: the figures describe results, not which company is the better investment. The Filing Desk is not affiliated with either company. Full figures on the Vontier and Zebra Technologies pages.