Ericsson (ERIC) vs Zebra Technologies (ZBRA)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 7, 2026.
Summary
Zebra Technologies (ZBRA) has outperformed Ericsson (ERIC) over the past year, gaining 30.3% versus a gain of 12.2%. Over five years, ERIC leads with a -22.3% price change compared with -25.1% for ZBRA. Ericsson is the larger company by market cap ($30.78 billion vs $18.26 billion), about 1.7 times the size.
On valuation, Ericsson trades at a lower forward P/E (15.4x vs 17.4x for Zebra Technologies).
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | ERIC | ZBRA |
|---|---|---|
| Share price | $9.46 | $386.05 |
| Market cap | $30.78B | $18.26B |
| 1-day change | +0.32% | +0.07% |
| YTD return | -1.97% | +59.17% |
| 1-year return | +12.22% | +30.29% |
| 5-year return | -22.33% | -25.07% |
| P/E ratio (TTM) | 11.97 | 35.38 |
| Forward P/E | 15.44 | 17.39 |
| EPS (TTM) | $0.79 | $10.91 |
| Dividend yield | 3.39% | 0.00% |
| Annual dividend | $0.00 | $0.00 |
| Revenue (latest FY) | — | $5.40B |
| Revenue growth (YoY) | — | +8.33% |
| Net income (latest FY) | — | $419.00M |
| Gross margin | — | 48.05% |
| Operating margin | — | 12.97% |
| Net margin | — | 7.77% |
| 52-week high | $13.77 | $390.80 |
| 52-week low | $8.12 | $199.05 |
| Distance from 52-week high | -31.30% | -1.22% |
| Analyst consensus | underperform | buy |
| Avg. price target upside | -1.37% | +7.20% |
| Average volume | 11.03M | 666.56K |
| Shares outstanding | 2.99B | 47.31M |
| Employees | 86,536 | 10,700 |
| Sector | Technology | Technology |
| Industry | Communication Equipment | Communication Equipment |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- ZBRA has outperformed ERIC by 18.1 percentage points over the past year.
- Zebra Technologies trades at a higher earnings multiple (35.4x vs 12.0x trailing P/E).
- Ericsson offers a meaningfully higher dividend yield (3.39% vs 0.00%).
About Ericsson
ERIC stock →Telefonaktiebolaget LM Ericsson (publ), together with its subsidiaries, provides mobile connectivity solutions to communications service providers, enterprises, and the public sector in the Americas, Europe, the Middle East, Africa, Northeast Asia, Southeast Asia, Oceania, and India. It operates through Networks; Cloud Software and Services; Enterprise; and Other segments.
Technology · Communication Equipment · 86,536 employees
About Zebra Technologies
ZBRA stock →Zebra Technologies Corporation, together with its subsidiaries, operates in the automatic identification and data capture solutions industry worldwide. It operates in two segments, Connected Frontline, and Asset Visibility and Automation.
Technology · Communication Equipment · 10,700 employees
ERIC vs ZBRA FAQ
Which is bigger, Ericsson or Zebra Technologies?
Ericsson (ERIC) is larger, with a market capitalization of $30.78B compared with $18.26B for Zebra Technologies (ZBRA).
Which stock has performed better over the past year, ERIC or ZBRA?
ZBRA returned +30.29% over the past 12 months, compared with +12.22% for ERIC (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, ERIC or ZBRA?
ERIC has the lower trailing P/E at 12.0, versus 35.4 for ZBRA. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, Ericsson or Zebra Technologies?
Ericsson pays a dividend yielding 3.39%, while Zebra Technologies does not currently pay a regular dividend.
Are Ericsson and Zebra Technologies in the same industry?
Yes. Both are classified in the Communication Equipment industry within the Technology sector.