ZBRA vs. ROK
ZBRA (Zebra Technologies Corporation) and ROK (Rockwell Automation, Inc.) are both stocks. ZBRA operates in Communication Equipment (Technology), while ROK operates in Specialty Industrial Machinery (Industrials). Over the past 10 years, ZBRA returned 15.32%/yr vs 16.64%/yr for ROK. At a 0.37 correlation, their price movements are largely independent.
Performance
ZBRA vs. ROK - Performance Comparison
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Returns By Period
In the year-to-date period, ZBRA achieves a -4.03% return, which is significantly lower than ROK's 16.85% return. Over the past 10 years, ZBRA has underperformed ROK with an annualized return of 15.32%, while ROK has yielded a comparatively higher 16.64% annualized return.
ZBRA
- 1D
- 0.40%
- 1M
- 3.10%
- YTD
- -4.03%
- 6M
- -11.86%
- 1Y
- -21.10%
- 3Y*
- -5.33%
- 5Y*
- -14.34%
- 10Y*
- 15.32%
ROK
- 1D
- 1.11%
- 1M
- -0.18%
- YTD
- 16.85%
- 6M
- 13.03%
- 1Y
- 41.23%
- 3Y*
- 15.84%
- 5Y*
- 11.97%
- 10Y*
- 16.64%
ZBRA vs. ROK - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ZBRA Zebra Technologies Corporation | -4.03% | -37.13% | 41.30% | 6.60% | -56.92% | 54.87% | 50.46% | 60.42% | 53.40% | 21.04% |
ROK Rockwell Automation, Inc. | 16.85% | 38.36% | -6.23% | 22.63% | -24.78% | 41.21% | 26.17% | 37.85% | -21.79% | 48.87% |
Correlation
The correlation between ZBRA and ROK is 0.51, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.51 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.52 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.60 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.55 |
Correlation (All Time) Calculated using the full available price history since Aug 16, 1991 | 0.37 |
The correlation between ZBRA and ROK shifts across timeframes, from 0.37 (all time) to 0.60 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
ZBRA:
$11.80B
ROK:
$50.86B
ZBRA:
$8.16
ROK:
$9.63
ZBRA:
28.56
ROK:
46.88
ZBRA:
2.14
ROK:
5.79
ZBRA:
3.40
ROK:
14.44
ZBRA:
$5.58B
ROK:
$8.80B
ZBRA:
$2.65B
ROK:
$4.63B
ZBRA:
$1.02B
ROK:
$1.56B
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Return for Risk
ZBRA vs. ROK — Risk / Return Rank
ZBRA
ROK
ZBRA vs. ROK - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Zebra Technologies Corporation (ZBRA) and Rockwell Automation, Inc. (ROK). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
| ZBRA | ROK | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.97 | ||
| Sortino ratioReturn per unit of downside risk | -2.62 | ||
| Omega ratioGain probability vs. loss probability | 0.94 | 1.26 | -0.33 |
| Calmar ratioReturn relative to maximum drawdown | -0.51 | 2.21 | -2.72 |
| Martin ratioReturn relative to average drawdown | -0.88 | 7.00 | -7.88 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| ZBRA | ROK | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.51 | 1.46 | -1.97 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.36 | 0.38 | -0.74 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.39 | 0.53 | -0.14 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.24 | 0.42 | -0.18 |
Drawdowns
ZBRA vs. ROK - Drawdown Comparison
The maximum ZBRA drawdown since its inception was -73.42%, roughly equal to the maximum ROK drawdown of -75.83%. Use the drawdown chart below to compare losses from any high point for ZBRA and ROK.
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Drawdown Indicators
| ZBRA | ROK | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -73.42% | -75.83% | +2.41% |
Max Drawdown (1Y)Largest decline over 1 year | -41.62% | -18.73% | -22.89% |
Max Drawdown (3Y)Largest decline over 3 years | -52.67% | -34.84% | -17.83% |
Max Drawdown (5Y)Largest decline over 5 years | -67.78% | -45.09% | -22.69% |
Max Drawdown (10Y)Largest decline over 10 years | -67.78% | -45.09% | -22.69% |
Current DrawdownCurrent decline from peak | -62.08% | -2.54% | -59.54% |
Average DrawdownAverage peak-to-trough decline | -27.69% | -14.88% | -12.81% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 23.98% | 5.91% | +18.07% |
Volatility
ZBRA vs. ROK - Volatility Comparison
Zebra Technologies Corporation (ZBRA) has a higher volatility of 16.92% compared to Rockwell Automation, Inc. (ROK) at 7.86%. This indicates that ZBRA's price experiences larger fluctuations and is considered to be riskier than ROK based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ZBRA | ROK | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 16.92% | 7.86% | +9.06% |
Volatility (6M)Calculated over the trailing 6-month period | 30.20% | 23.24% | +6.96% |
Volatility (1Y)Calculated over the trailing 1-year period | 41.55% | 28.42% | +13.13% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 40.33% | 31.73% | +8.60% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 39.31% | 31.45% | +7.86% |
Dividends
ZBRA vs. ROK - Dividend Comparison
ZBRA has not paid dividends to shareholders, while ROK's dividend yield for the trailing twelve months is around 1.21%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ROK Rockwell Automation, Inc. | 1.21% | 1.36% | 1.77% | 1.54% | 1.76% | 1.24% | 1.65% | 1.94% | 2.42% | 1.59% | 2.18% | 2.61% |
ZBRA Zebra Technologies Corporation | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
ZBRA vs. ROK - Financials Comparison
This section allows you to compare key financial metrics between Zebra Technologies Corporation and Rockwell Automation, Inc.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
ZBRA vs. ROK - Profitability Comparison
ZBRA - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Zebra Technologies Corporation reported a gross profit of 742.00M and revenue of 1.50B. Therefore, the gross margin over that period was 49.6%.
ROK - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Rockwell Automation, Inc. reported a gross profit of 1.13B and revenue of 2.24B. Therefore, the gross margin over that period was 50.3%.
ZBRA - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Zebra Technologies Corporation reported an operating income of 215.00M and revenue of 1.50B, resulting in an operating margin of 14.4%.
ROK - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Rockwell Automation, Inc. reported an operating income of 467.00M and revenue of 2.24B, resulting in an operating margin of 20.9%.
ZBRA - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Zebra Technologies Corporation reported a net income of 135.00M and revenue of 1.50B, resulting in a net margin of 9.0%.
ROK - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Rockwell Automation, Inc. reported a net income of 350.00M and revenue of 2.24B, resulting in a net margin of 15.6%.
Frequently Asked Questions
ZBRA and ROK have a correlation of 0.51, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ZBRA has higher volatility (16.92%) compared to ROK (7.86%). In terms of maximum drawdown, ZBRA dropped -73.42% vs ROK's -75.83%.
ROK currently has the higher Sharpe Ratio (1.46 vs -0.51), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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