KEYS vs. ZBRA: Keysight vs. Zebra Stock Comparison
How do Keysight (KEYS) and Zebra (ZBRA) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.
Company Profile
Keysight (KEYS) and Zebra (ZBRA) are both classified in the Electronic Equipment & Instruments sub-industry within the broader Electronic Equipment, Instruments & Components industry, placing them in the closest GICS peer bucket.
| Profile Item | KEYS | ZBRA |
|---|---|---|
| Name | Keysight Technologies, Inc. | Zebra Technologies Corp. Class A Common Stock |
| Country/Region | United States | United States |
| GICS Sector | Information Technology | Information Technology |
| GICS Industry Group | Technology Hardware & Equipment | Technology Hardware & Equipment |
| GICS Industry | Electronic Equipment, Instruments & Components | Electronic Equipment, Instruments & Components |
| GICS Sub-Industry | Electronic Equipment & Instruments | Electronic Equipment & Instruments |
| Market Capitalization | 46.33 billion USD | 15.16 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | Nasdaq |
| Listing Date | October 20, 2014 | August 15, 1991 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | KEYS | ZBRA |
|---|---|---|
| Total Return (1Y) | 59.88% | 26.64% |
| Total Return (3Y, Annualized) | 33.36% | 17.52% |
| Total Return (5Y, Annualized) | 9.24% | -11.21% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | KEYS | ZBRA |
|---|---|---|
| Volatility (1Y, Annualized) | 47.95% | 47.91% |
| Beta (5Y) | 1.22 | 1.64 |
| Max Drawdown (5Y) | -42.62% | -67.78% |
| Avg. Volume (3M) | 1.31M | 596.00K |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | KEYS | ZBRA |
|---|---|---|
| Sharpe Ratio (1Y) | 1.16 | 0.47 |
| Sortino Ratio (1Y) | 1.82 | 0.82 |
Profitability
ROE (TTM)
Keysight (KEYS) at 20.90% sits in the top ROE quartile, while Zebra (ZBRA) at 16.46% is closer to the peer norm — stronger capital efficiency for KEYS.
KEYS
Technology Hardware & Equipment industry group
20.90%
- Max
- 42.47%
- KEYS
- 20.90%
- Q3
- 19.13%
- Median
- 11.00%
- Q1
- 1.63%
- Min
- -20.62%
ZBRA
Technology Hardware & Equipment industry group
16.46%
- Max
- 42.47%
- Q3
- 19.13%
- ZBRA
- 16.46%
- Median
- 11.00%
- Q1
- 1.63%
- Min
- -20.62%
Net Margin (TTM)
Keysight (KEYS) at 19.14% retains a top-quartile share of revenue as profit, ahead of Zebra (ZBRA) at 9.80%, which keeps about the industry-typical share.
KEYS
Technology Hardware & Equipment industry group
19.14%
- Max
- 27.60%
- KEYS
- 19.14%
- Q3
- 11.66%
- Median
- 4.08%
- Q1
- 0.00%
- Min
- -11.02%
ZBRA
Technology Hardware & Equipment industry group
9.80%
- Max
- 27.60%
- Q3
- 11.66%
- ZBRA
- 9.80%
- Median
- 4.08%
- Q1
- 0.00%
- Min
- -11.02%
Operating Margin (TTM)
Keysight (KEYS) at 25.68% operates in the top operating margin quartile, ahead of Zebra (ZBRA) at 14.75%, which runs around its industry’s norm.
KEYS
Technology Hardware & Equipment industry group
25.68%
- Max
- 36.27%
- KEYS
- 25.68%
- Q3
- 18.36%
- Median
- 8.84%
- Q1
- 1.46%
- Min
- -21.39%
ZBRA
Technology Hardware & Equipment industry group
14.75%
- Max
- 36.27%
- Q3
- 18.36%
- ZBRA
- 14.75%
- Median
- 8.84%
- Q1
- 1.46%
- Min
- -21.39%
Profitability Metrics
| Metric | KEYS | ZBRA |
|---|---|---|
| ROE (TTM) | 20.90% | 16.46% |
| ROA (TTM) | 7.23% | 7.51% |
| Net Margin (TTM) | 19.14% | 9.80% |
| Operating Margin (TTM) | 25.68% | 14.75% |
| Gross Margin (TTM) | 63.28% | 48.90% |
Growth
Revenue Growth
Both Keysight (KEYS) at 7.95% and Zebra (ZBRA) at 8.33% land near their industries' usual revenue growth ranges, so top-line momentum looks broadly in line with peers on both sides.
EPS Growth
Both Keysight (KEYS) at 39.32% and Zebra (ZBRA) at -19.65% land near their industries' usual EPS growth ranges, so bottom-line momentum looks broadly in line with peers on both sides.
Growth Metrics
| Metric | KEYS | ZBRA |
|---|---|---|
| Revenue Growth (YoY) | 7.95% | 8.33% |
| Revenue Growth (3Y CAGR) | -0.28% | -2.27% |
| EPS Growth (YoY) | 39.32% | -19.65% |
| EPS Growth (3Y CAGR) | -7.51% | -2.41% |
Financial Strength
Current Ratio (MRQ)
Keysight (KEYS) at 2.02 keeps current ratio within its industry’s typical mid-range, while Zebra (ZBRA) at 0.57 runs in the tighter-liquidity quartile — a thinner cushion against current liabilities for ZBRA.
KEYS
Technology Hardware & Equipment industry group
2.02
- Max
- 5.34
- Q3
- 3.02
- KEYS
- 2.02
- Median
- 1.95
- Q1
- 1.32
- Min
- 0.17
ZBRA
Technology Hardware & Equipment industry group
0.57
- Max
- 5.34
- Q3
- 3.02
- Median
- 1.95
- Q1
- 1.32
- ZBRA
- 0.57
- Min
- 0.17
Debt / Equity (MRQ)
Both Keysight (KEYS) at 0.42 and Zebra (ZBRA) at 0.78 fund their balance sheets with roughly industry-typical debt-to-equity mixes.
KEYS
Technology Hardware & Equipment industry group
0.42
- Max
- 1.76
- Q3
- 0.78
- KEYS
- 0.42
- Median
- 0.24
- Q1
- 0.04
- Min
- 0.01
ZBRA
Technology Hardware & Equipment industry group
0.78
- Max
- 1.76
- ZBRA
- 0.78
- Q3
- 0.78
- Median
- 0.24
- Q1
- 0.04
- Min
- 0.01
Financial Strength Metrics
| Metric | KEYS | ZBRA |
|---|---|---|
| Current Ratio (MRQ) | 2.02 | 0.57 |
| Debt / Equity (MRQ) | 0.42 | 0.78 |
| Net Debt / EBITDA | 0.09 | 2.09 |
Dividends
Dividend Yield (TTM)
Neither Keysight (KEYS) nor Zebra (ZBRA) pays a dividend this period — they may reinvest, use buybacks, or simply not return cash through dividends.
KEYS
Technology Hardware & Equipment industry group
0.00%
- Max
- 0.73%
- Q3
- 0.31%
- KEYS
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
ZBRA
Technology Hardware & Equipment industry group
0.00%
- Max
- 0.73%
- Q3
- 0.31%
- ZBRA
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Neither Keysight (KEYS) nor Zebra (ZBRA) pays a dividend this period — they may reinvest, use buybacks, or simply not return cash through dividends.
KEYS
Technology Hardware & Equipment industry group
0.00%
- Max
- 32.27%
- Q3
- 14.48%
- KEYS
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
ZBRA
Technology Hardware & Equipment industry group
0.00%
- Max
- 32.27%
- Q3
- 14.48%
- ZBRA
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | KEYS | ZBRA |
|---|---|---|
| Dividend Yield (TTM) | 0.00% | 0.00% |
| Dividend Payout Ratio (TTM) | 0.00% | 0.00% |
Valuation
P/E Ratio (TTM)
Both Keysight (KEYS) at 36.82 and Zebra (ZBRA) at 26.03 land around their industries’ usual P/E ratio levels — neither is getting a clear earnings-multiple discount or premium versus peers.
KEYS
Technology Hardware & Equipment industry group
36.82
- Max
- 69.48
- Q3
- 41.02
- KEYS
- 36.82
- Median
- 26.39
- Q1
- 19.36
- Min
- 6.07
ZBRA
Technology Hardware & Equipment industry group
26.03
- Max
- 69.48
- Q3
- 41.02
- Median
- 26.39
- ZBRA
- 26.03
- Q1
- 19.36
- Min
- 6.07
P/S Ratio (TTM)
Zebra (ZBRA) at 2.47 is priced about in line with its industry on P/S ratio, while Keysight (KEYS) at 7.04 sits in the pricier quartile — KEYS costs more per dollar of sales.
KEYS
Technology Hardware & Equipment industry group
7.04
- Max
- 11.30
- KEYS
- 7.04
- Q3
- 5.82
- Median
- 2.56
- Q1
- 1.05
- Min
- 0.00
ZBRA
Technology Hardware & Equipment industry group
2.47
- Max
- 11.30
- Q3
- 5.82
- Median
- 2.56
- ZBRA
- 2.47
- Q1
- 1.05
- Min
- 0.00
P/B Ratio (MRQ)
Zebra (ZBRA) at 4.26 is valued about in line with its industry on P/B ratio, while Keysight (KEYS) at 7.05 carries an above-peer premium to book — KEYS is pricier on assets.
KEYS
Technology Hardware & Equipment industry group
7.05
- Max
- 10.75
- KEYS
- 7.05
- Q3
- 5.52
- Median
- 3.17
- Q1
- 1.79
- Min
- 0.33
ZBRA
Technology Hardware & Equipment industry group
4.26
- Max
- 10.75
- Q3
- 5.52
- ZBRA
- 4.26
- Median
- 3.17
- Q1
- 1.79
- Min
- 0.33
Valuation Metrics
| Metric | KEYS | ZBRA |
|---|---|---|
| P/E Ratio (TTM) | 36.82 | 26.03 |
| P/S Ratio (TTM) | 7.04 | 2.47 |
| P/B Ratio (MRQ) | 7.05 | 4.26 |
| Free Cash Flow Yield (TTM) | 4.03% | 4.61% |