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. In the quarter to June 2026, revenue grew 4.80%, EPS grew 33.8%, free cash flow grew 13.1% and total debt fell 1.23%, each against the same quarter a year earlier. Member of the S&P 500; dividend growth for ten consecutive years, revenue growth for five.

95.06 0.68 +0.72%
Market cap
$18.0B
P/E
23.0×
Fwd P/E
17.7×
Dividend yield
1.01%
F-score
6/9
Altman Z
2.38
Beneish M
−2.59
Dividend safety
72/100

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

Alert me on P/E ratio

As of 16 October 2026, Zimmer Biomet Holdings, Inc. (ZBH) trades at a P/E ratio of 23.0×. Over the past ten years it has ranged from 0.0× (March 2021) to 708× (September 2020); the current reading is higher than 32% of that period. That is in line with the Medical Devices industry median of 23.2× and in line with the Healthcare sector median of 23.0×.

P/E ratio, daily

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Annual newest first

Period P/E ratio Change
FY2025 25.2× 6.11%
FY2024 23.7× (3.99%)
FY2023 24.7× (78.63%)
FY2022 116× 81.06%
FY2021 63.9× —
FY2020 0.0× —
FY2019 26.4× —
FY2018 0.0× —
FY2017 13.2× (80.34%)
FY2016 67.3× (38.54%)

Quarterly newest first

Period P/E ratio Change
Jun 2026 20.8× (10.78%)
Mar 2026 23.4× (7.24%)
Dec 2025 25.2× 3.82%
Sep 2025 24.3× 9.59%
42 more quarters

Against its own ten years

Low 0.0× High 708×
Ten-year median 28.0×
Current reading's percentile 25

P/E ratio against peers

Company P/E ratio
GEHC GE HealthCare Technologies Inc. compare 16.0×
PHG Koninklijke Philips N.V. compare 18.8×
GMED Globus Medical, Inc. compare 19.3×
ZBH Zimmer Biomet Holdings, Inc. 23.0×
STE STERIS plc compare 27.1×
DXCM DexCom, Inc. compare 33.2×
SNN Smith & Nephew SNATS, Inc. compare 35.4×
BIO.B Bio-Rad Laboratories, Inc. compare 43.7×
PEN Penumbra, Inc. compare 78.4×
Medical Devices industry median 23.2×
Healthcare sector median 23.0×
Market median 18.1×

What P/E ratio is

Price to Earnings Ratio shows how much investors pay for each dollar of a company’s annual profit per share.

Stock Price ÷ EPS (Basic) (TTM)

The full definition of P/E ratio →

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