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Enerflex vs Zebra Technologies: revenue, profit, margins and growth compared

Enerflex brought in $2.6B of revenue in fiscal 2025, Zebra Technologies $5.4B in fiscal 2025. Revenue changed by +6.5% at Enerflex and +8.3% at Zebra Technologies on the year before, so Zebra Technologies grew faster. Enerflex kept 2.5% of its revenue as net profit, Zebra Technologies 7.8%. Free cash flow was $326M at Enerflex and $831M at Zebra Technologies.

Side by side, latest fiscal year

EFXTZBRA
Fiscal year endedFY2025 (December 31, 2025)FY2025 (December 31, 2025)
Revenue$2.6B$5.4B
Revenue growth+6.5%+8.3%
Net income$64M$419M
Net margin2.5%7.8%
Free cash flow$326M$831M
Free cash flow margin12.7%15.4%
Earnings per share (diluted)$0.52$8.18
Cash$81M$125M
Debt$582M$2.5B
Price to earningsn/a45.2
Market value$2.9B$17.5B
Dividend yieldn/an/a
Rank by revenue in sector#195 of 451 · Industrials#116 of 451 · Industrials

Over the years

Revenue
EFXT FY2024: $2.3BEFXT FY2024: $2.4BEFXT FY2025: $2.6BZBRA FY2018: $4.2BZBRA FY2019: $4.5BZBRA FY2020: $4.4BZBRA FY2021: $5.6BZBRA FY2022: $5.8BZBRA FY2023: $4.6BZBRA FY2024: $5BZBRA FY2025: $5.4BFY18FY19FY20FY21FY22FY23FY24FY25
EFXT $2.6BZBRA $5.4B
Net income
EFXT FY2024: -$83MEFXT FY2024: $32MEFXT FY2025: $64MZBRA FY2018: $421MZBRA FY2019: $544MZBRA FY2020: $504MZBRA FY2021: $837MZBRA FY2022: $463MZBRA FY2023: $296MZBRA FY2024: $528MZBRA FY2025: $419MFY18FY19FY20FY21FY22FY23FY24FY25
EFXT $64MZBRA $419M
Net margin
EFXT FY2024: -3.5%EFXT FY2024: 1.3%EFXT FY2025: 2.5%ZBRA FY2018: 10.0%ZBRA FY2019: 12.1%ZBRA FY2020: 11.3%ZBRA FY2021: 14.9%ZBRA FY2022: 8.0%ZBRA FY2023: 6.5%ZBRA FY2024: 10.6%ZBRA FY2025: 7.8%FY18FY19FY20FY21FY22FY23FY24FY25
EFXT 2.5%ZBRA 7.8%
Revenue growth
EFXT FY2024: +3.0%EFXT FY2025: +6.5%ZBRA FY2019: +6.3%ZBRA FY2020: -0.8%ZBRA FY2021: +26.5%ZBRA FY2022: +2.7%ZBRA FY2023: -20.7%ZBRA FY2024: +8.7%ZBRA FY2025: +8.3%FY19FY20FY21FY22FY23FY24FY25
EFXT +6.5%ZBRA +8.3%
Free cash flow
EFXT FY2024: $190MEFXT FY2024: $308MEFXT FY2025: $326MZBRA FY2018: $721MZBRA FY2019: $624MZBRA FY2020: $895MZBRA FY2021: $1BZBRA FY2022: $413MZBRA FY2023: -$91MZBRA FY2024: $954MZBRA FY2025: $831MFY18FY19FY20FY21FY22FY23FY24FY25
EFXT $326MZBRA $831M

Fiscal years as each company reports them; the two may end in different months.

Questions about Enerflex and Zebra Technologies

Which is bigger by revenue, Enerflex or Zebra Technologies?

Zebra Technologies is bigger by revenue: $5.4B in fiscal 2025, against $2.6B for Enerflex in fiscal 2025.

Which keeps more of its revenue as profit, Enerflex or Zebra Technologies?

Enerflex had a net margin of 2.5% in fiscal 2025; Zebra Technologies had 7.8% in fiscal 2025.

Which grew revenue faster, Enerflex or Zebra Technologies?

In their latest fiscal years revenue changed by +6.5% at Enerflex and +8.3% at Zebra Technologies.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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