Zimmer Biomet Holdings, Inc. ZBH
- Market cap
- $17.1B
- P/E
- 22.0×
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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 | Free account |
Against its own ten years
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)
More on ZBH
- Revenue
- Net income
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/Sales
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- The full statement