Manganese‐zinc ferrite, nickel‐zinc ferrite, and the combinations of both ferrites in constant level 200 phr were incorporated into acrylonitrile‐butadiene rubber. The amount of carbon black was constant in each composite −25 phr. The second series of composites was fabricated with similar composition, but the total content of ferrites or ferrites combinations was 300 phr, while the content of carbon black was 25 phr. The work was focused on investigation of electromagnetic absorption shielding effectiveness of composites and their physical‐mechanical properties. During the study, good correlation between conductivity, permittivity, and electromagnetic absorption parameters was established. Higher conductivity was reflected in higher permittivity of composites, which subsequently resulted in their lower absorption shielding performance. The experimental outputs revealed that absorption shielding effectiveness was enhanced with increasing with proportion of nickel‐zinc ferrite, which pointed out to higher absorption shielding potential of nickel‐zinc ferrite. The physical‐mechanical properties were found not to be influenced by the type of ferrite or ferrites combinations. The higher overall content of ferrites in rubber matrix caused the decrease in tensile characteristics of composites, suggesting that ferrites are inactive fillers considering the physical‐mechanical properties.