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Friday 6 November 2026 Export ZBH’s income statement to Excel — free account

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

106.71 0.14 −0.13%
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
Overview Business Profile Earnings & Analysis
Financials
Income Statement Balance Sheet Cash Flow Metrics & Ratios
Segments Valuation Filings

Zimmer Biomet Holdings, Inc. (ZBH) P/B ratio

Alert me on P/B ratio

As of 5 November 2026, Zimmer Biomet Holdings, Inc. (ZBH) trades at a P/B ratio of 1.6×. Over the past ten years it has ranged from 1.2× (May 2026) to 3.0× (February 2015); the current reading is higher than 13% of that period. That is below the Medical Devices industry median of 2.5× and below the Healthcare sector median of 2.3×.

P/B ratio, daily

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Annual newest first

Period P/B ratio Change
FY2025 1.4× (18.51%)
FY2024 1.7× (15.23%)
FY2023 2.0× (8.55%)
FY2022 2.2× 8.08%
FY2021 2.1× (19.99%)
FY2020 2.6× 5.55%
FY2019 2.4× 32.33%
FY2018 1.8× (12.30%)
FY2017 2.1× (0.12%)
FY2016 2.1× 11.07%

Quarterly newest first

Period P/B ratio Change
Sep 2026 1.3× 2.28%
Jun 2026 1.3× (5.80%)
Mar 2026 1.4× (0.78%)
Dec 2025 1.4× (8.32%)
43 more quarters

Against its own ten years

Low 1.2× High 3.0×
Ten-year median 2.1×
Current reading's percentile 14

P/B ratio against peers

Company P/B ratio
ZBH Zimmer Biomet Holdings, Inc. 1.6×
PHG Koninklijke Philips N.V. compare 2.2×
GMED Globus Medical, Inc. compare 2.3×
SNN Smith & Nephew SNATS, Inc. compare 2.8×
STE STERIS plc compare 3.4×
PODD Insulet Corporation compare 7.6×
PEN Penumbra, Inc. compare 8.0×
DXCM DexCom, Inc. compare 12.5×
GKOS Glaukos Corporation compare 18.1×
Medical Devices industry median 2.5×
Healthcare sector median 2.3×
Market median 1.7×

What P/B ratio is

Price to Book Value tells an investor how much the market pays for a company’s shares relative to the accounting net worth that belongs to common shareholders.

Stock Price ÷ (Common Equity (Total) (latest quarter) ÷ Shares (Basic, Weighted) (latest quarter))

The full definition of P/B ratio →

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