Woodward (WWD) vs Zebra Technologies (ZBRA)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 9, 2026.
Summary
Woodward (WWD) has outperformed Zebra Technologies (ZBRA) over the past year, gaining 28.5% versus a gain of 24.4%. Over five years, WWD leads with a +180.1% price change compared with -25.9% for ZBRA. Woodward is the larger company by market cap ($19.10 billion vs $18.08 billion), about 1.1 times the size, while Zebra Technologies is growing revenue faster (+8.3% vs +7.3%).
On valuation, Zebra Technologies trades at a lower forward P/E (17.2x vs 30.1x for Woodward). Woodward pays a dividend yielding 0.30%, while Zebra Technologies does not currently pay one. Woodward converts more of its revenue into profit, with a net margin of 12.4% versus 7.8%.
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 | WWD | ZBRA |
|---|---|---|
| Share price | $323.45 | $382.14 |
| Market cap | $19.10B | $18.08B |
| 1-day change | -0.25% | -1.01% |
| YTD return | +6.99% | +57.38% |
| 1-year return | +28.51% | +24.36% |
| 5-year return | +180.14% | -25.92% |
| P/E ratio (TTM) | 36.06 | 35.03 |
| Forward P/E | 30.07 | 17.17 |
| EPS (TTM) | $8.97 | $10.91 |
| Dividend yield | 0.30% | 0.00% |
| Annual dividend | $0.98 | $0.00 |
| Revenue (latest FY) | $3.57B | $5.40B |
| Revenue growth (YoY) | +7.30% | +8.33% |
| Net income (latest FY) | $442.11M | $419.00M |
| Gross margin | 26.81% | 48.05% |
| Operating margin | — | 12.97% |
| Net margin | 12.39% | 7.77% |
| 52-week high | $450.92 | $390.80 |
| 52-week low | $244.69 | $199.05 |
| Distance from 52-week high | -28.27% | -2.22% |
| Analyst consensus | buy | buy |
| Avg. price target upside | +33.71% | +8.30% |
| Average volume | 665.22K | 664.04K |
| Shares outstanding | 59.05M | 47.31M |
| Employees | 10,200 | 10,700 |
| Sector | Industrials | Industrials |
| Industry | Aerospace & Defense | 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.
About Woodward
WWD stock →Woodward, Inc. designs, manufactures, and services control solutions for the aerospace and industrial markets worldwide.
Industrials · Aerospace & Defense · 10,200 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
WWD vs ZBRA FAQ
Which is bigger, Woodward or Zebra Technologies?
Woodward (WWD) is larger, with a market capitalization of $19.10B compared with $18.08B for Zebra Technologies (ZBRA).
Which stock has performed better over the past year, WWD or ZBRA?
WWD returned +28.51% over the past 12 months, compared with +24.36% for ZBRA (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, WWD or ZBRA?
ZBRA has the lower trailing P/E at 35.0, versus 36.1 for WWD. 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, Woodward or Zebra Technologies?
Woodward pays a dividend yielding 0.30%, while Zebra Technologies does not currently pay a regular dividend.
Are Woodward and Zebra Technologies in the same industry?
Both are in the Industrials sector, but in different industries: Aerospace & Defense for Woodward and Industrial Machinery/Components for Zebra Technologies.