Zimmer Biomet Holdings, Inc.

ZBH Healthcare Medical Devices

Zimmer Biomet Holdings, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $8.2 billion, up 7.20% from fiscal 2024.

Revenue
+3.07%
EPS
−13.5%
Free cash flow
+29.8%
Total debt
−7.50%

Quarter to September 2026, against a year earlier

105.69 1.16 −1.09%
Market cap
$20.4B
P/E
26.9×
Fwd P/E
18.9×
Dividend yield
0.90%
F-score
6/9
Altman Z
2.38
Beneish M
−2.59
Dividend safety
72/100

Zimmer Biomet Holdings, Inc. (ZBH) Net margin

Alert me on Net margin

Zimmer Biomet Holdings, Inc.'s net margin over the twelve months to 30 September 2026 was 8.95%, up 0.4 percentage points from fiscal 2025 (8.57%). Over the past ten years it has ranged from −4.78% (fiscal 2018) to 23.2% (fiscal 2017); the current reading is higher than 64% of that period. That is above the Medical Devices industry median of −14.5% and above the Healthcare sector median of 0.00%.

Net margin, annual

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Annual newest first

Period Net margin Change (points)
FY2025 8.57% (3.20)
FY2024 11.8% (2.08)
FY2023 13.9% 10.52
FY2022 3.33% (2.55)
FY2021 5.88% 8.15
FY2020 −2.27% (16.45)
FY2019 14.2% 18.96
FY2018 −4.78% (28.02)
FY2017 23.2% 19.25
FY2016 3.99% 1.54

Quarterly newest first

Period Net margin Change (points)
Sep 2026 9.29% 0.18
Jun 2026 9.11% (2.30)
Mar 2026 11.4% 5.20
Dec 2025 6.21% (5.33)
43 more quarters

Against its own ten years

Low −4.78% High 23.2%
Ten-year median 5.88%
Current reading's percentile 56

Net margin against peers

Company Net margin
DXCM DexCom, Inc. compare 19.4%
GMED Globus Medical, Inc. compare 17.8%
PODD Insulet Corporation compare 13.5%
STE STERIS plc compare 13.4%
PEN Penumbra, Inc. compare 10.1%
ZBH Zimmer Biomet Holdings, Inc. 8.95%
SNN Smith & Nephew SNATS, Inc. compare 6.71%
PHG Koninklijke Philips N.V. compare 5.34%
GKOS Glaukos Corporation compare −24.6%
Medical Devices industry median −14.5%
Healthcare sector median 0.00%
Market median 1.06%

What Net margin is

Net Profit Margin tells an investor how much of each unit of revenue ends up as profit for shareholders after all costs, interest and taxes.

Net Income Allotted to Shareholders ÷ Revenue

The full definition of Net margin →

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