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) Gross margin

Zimmer Biomet Holdings, Inc.'s gross margin over the twelve months to 30 June 2026 was 69.9%, up 0.2 percentage points from fiscal 2025 (69.7%). Over the past ten years it has ranged from 68.9% (fiscal 2016) to 72.7% (fiscal 2017); the current reading is higher than 18% of that period. That is above the Medical Devices industry median of 56.0% and above the Healthcare sector median of 53.7%.

Gross margin, annual

Annual

Period Gross margin Change (points)
FY2025 69.7% (1.75)
FY2024 71.5% (0.36)
FY2023 71.8% 0.92
FY2022 70.9% (0.39)
FY2021 71.3% 1.06
FY2020 70.2% (1.55)
FY2019 71.8% 0.42
FY2018 71.4% (1.31)
FY2017 72.7% 3.73
FY2016 68.9% (1.04)

Quarterly

Period Gross margin Change (points)
Jun 2026 70.8% (1.58)
Mar 2026 72.4% 7.71
Dec 2025 64.7% (7.37)
Sep 2025 72.1% 0.56
42 more quarters

Against its own ten years

Low 68.9% High 72.7%
Ten-year median 71.3%
Current reading's percentile 18

Gross margin against peers

Company Gross margin
SNN Smith & Nephew SNATS, Inc. compare 70.5%
ZBH Zimmer Biomet Holdings, Inc. 69.9%
GMED Globus Medical, Inc. compare 68.6%
PEN Penumbra, Inc. compare 67.8%
BIO Bio-Rad Laboratories, Inc. compare 51.9%
BIO.B Bio-Rad Laboratories, Inc. compare 51.9%
PHG Koninklijke Philips N.V. compare 45.9%
STE STERIS plc compare 44.4%
GEHC GE HealthCare Technologies Inc. compare 39.5%
Medical Devices industry median 56.0%
Healthcare sector median 53.7%
Market median 46.3%

What Gross margin is

Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.

Gross Profit ÷ Revenue

The full definition of Gross margin →

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