Zimmer Biomet Holdings, Inc. ZBH

91.04 1.35 1.51% as of 25 Sep
Market cap
$17.1B
P/E
22.0×
Indexes indicate stock being part of an index,
Growth Flags show if company had growth for consecutive years

Zimmer Biomet Holdings, Inc. (ZBH) EV/EBITDA

As of 25 September 2026, Zimmer Biomet Holdings, Inc. (ZBH) trades at a EV/EBITDA of 10.6×. Over the past ten years it has ranged from 9.9× (May 2026) to 31.6× (November 2015); the current reading is higher than 4% of that period. That is below the Medical Devices industry median of 11.8× and in line with the Healthcare sector median of 10.4×.

EV/EBITDA, daily

Annual

Period EV/EBITDA Change
FY2025 11.3× (5.10%)
FY2024 11.9× (13.62%)
FY2023 13.8× (17.60%)
FY2022 16.7× (6.51%)
FY2021 17.9× (30.73%)
FY2020 25.8× 52.64%
FY2019 16.9× 20.15%
FY2018 14.1× (9.10%)
FY2017 15.5× (4.59%)
FY2016 16.2× (33.50%)

Quarterly

Period EV/EBITDA Change
Jun 2026 10.2× (5.35%)
Mar 2026 10.8× (4.42%)
Dec 2025 11.3× 3.10%
Sep 2025 10.9× 0.49%
42 more quarters

Against its own ten years

Low 9.9× High 31.6×
Ten-year median 15.9×
Current reading's percentile 4

EV/EBITDA against peers

Company EV/EBITDA
SNN Smith & Nephew SNATS, Inc. compare 5.7×
PHG Koninklijke Philips N.V. compare 8.6×
ZBH Zimmer Biomet Holdings, Inc. 10.6×
GMED Globus Medical, Inc. compare 11.1×
GEHC GE HealthCare Technologies Inc. compare 11.9×
STE STERIS plc compare 13.4×
PEN Penumbra, Inc. compare 58.2×
BIO.B Bio-Rad Laboratories, Inc. compare 176×
BIO Bio-Rad Laboratories, Inc. compare 184×
Medical Devices industry median 11.8×
Healthcare sector median 10.4×
Market median 11.0×

What EV/EBITDA is

Enterprise Value over EBITDA tells an investor how the market values a whole company, with debt added and cash taken off, against its operating earnings.

((Stock Price × Shares (Basic, Weighted) (latest quarter)) + (Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter)) − Cash & Short Term Investments (latest quarter)) ÷ EBITDA (TTM)

The full definition of EV/EBITDA →

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