Lumentum (LITE) vs Zebra Technologies (ZBRA)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
Lumentum (LITE) has outperformed Zebra Technologies (ZBRA) over the past year, gaining 607.0% versus a gain of 30.1%. Over five years, LITE leads with a +1204.2% price change compared with -25.2% for ZBRA. Lumentum is the larger company by market cap ($94.99 billion vs $18.08 billion), about 5.3 times the size.
On valuation, Zebra Technologies trades at a lower forward P/E (17.2x vs 29.5x for Lumentum). Zebra Technologies converts more of its revenue into profit, with a net margin of 7.8% versus -230.1%.
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 | LITE | ZBRA |
|---|---|---|
| Share price | $1,048.60 | $382.14 |
| Market cap | $94.99B | $18.08B |
| 1-day change | -5.62% | -1.01% |
| YTD return | +201.44% | +58.99% |
| 1-year return | +607.01% | +30.14% |
| 5-year return | +1204.23% | -25.16% |
| P/E ratio (TTM) | — | 35.03 |
| Forward P/E | 29.48 | 17.17 |
| EPS (TTM) | $-92.96 | $10.91 |
| Dividend yield | 0.00% | 0.00% |
| Annual dividend | $0.00 | $0.00 |
| Revenue (latest FY) | $3.01B | $5.40B |
| Revenue growth (YoY) | +83.22% | +8.33% |
| Net income (latest FY) | $-6.94B | $419.00M |
| Gross margin | 41.67% | 48.05% |
| Operating margin | 17.41% | 12.97% |
| Net margin | -230.10% | 7.77% |
| 52-week high | $1,137.21 | $390.80 |
| 52-week low | $147.81 | $199.05 |
| Distance from 52-week high | -7.79% | -2.22% |
| Analyst consensus | strong_buy | buy |
| Avg. price target upside | +10.81% | +8.30% |
| Average volume | 4.66M | 668.13K |
| Shares outstanding | 90.58M | 47.31M |
| Employees | 13,757 | 10,700 |
| Sector | Telecommunications | Industrials |
| Industry | Telecommunications Equipment | Industrial Machinery/Components |
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
- Lumentum is about 5.3 times larger than Zebra Technologies by market value ($94.99B vs $18.08B).
- LITE has outperformed ZBRA by 576.9 percentage points over the past year.
- Zebra Technologies is more profitable, keeping 7.8 cents of every revenue dollar as net income versus -230.1 cents for Lumentum.
- Lumentum grew revenue faster in its latest fiscal year (+83.22% vs +8.33%).
- The two companies sit in different sectors: Lumentum in Telecommunications and Zebra Technologies in Industrials.
About Lumentum
LITE stock →Lumentum Holdings Inc. manufactures and sells optical and photonic products in the Americas, the Asia-Pacific, Europe, the Middle East, and Africa.
Telecommunications · Telecommunications Equipment · 13,757 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.
Industrials · Industrial Machinery/Components · 10,700 employees
LITE vs ZBRA FAQ
Which is bigger, Lumentum or Zebra Technologies?
Lumentum (LITE) is larger, with a market capitalization of $94.99B compared with $18.08B for Zebra Technologies (ZBRA).
Which stock has performed better over the past year, LITE or ZBRA?
LITE returned +607.01% over the past 12 months, compared with +30.14% for ZBRA (price return, excluding dividends). Past performance does not predict future results.
Are Lumentum and Zebra Technologies in the same industry?
No. Lumentum is in the Telecommunications sector, while Zebra Technologies is in Industrials.