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.
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Zimmer Biomet Holdings, Inc. (ZBH) Price to free cash flow
As of 16 October 2026, Zimmer Biomet Holdings, Inc. (ZBH) trades at a price to free cash flow of 17.6×. Over the past ten years it has ranged from 14.5× (December 2018) to 117× (April 2021); the current reading is higher than 11% of that period. That is below the Medical Devices industry median of 23.7× and below the Healthcare sector median of 20.2×.
Price to free cash flow, daily
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Annual newest first
| Period | Price to free cash flow | Change |
|---|---|---|
| FY2025 | 16.5× | (39.70%) |
| FY2024 | 27.4× | (5.29%) |
| FY2023 | 28.9× | (5.42%) |
| FY2022 | 30.6× | 16.34% |
| FY2021 | 26.3× | (56.97%) |
| FY2020 | 61.1× | 66.28% |
| FY2019 | 36.8× | 134.68% |
| FY2018 | 15.7× | (29.85%) |
| FY2017 | 22.3× | 22.62% |
| FY2016 | 18.2× | (59.45%) |
Quarterly newest first
| Period | Price to free cash flow | Change |
|---|---|---|
| Jun 2026 | 16.0× | (8.73%) |
| Mar 2026 | 17.5× | 5.83% |
| Dec 2025 | 16.5× | (14.35%) |
| Sep 2025 | 19.3× | 10.24% |
| 42 more quarters | Free account |
Against its own ten years
Price to free cash flow against peers
| Company | Price to free cash flow |
|---|---|
| SNN Smith & Nephew SNATS, Inc. compare | 6.4× |
| PHG Koninklijke Philips N.V. compare | 13.3× |
| GMED Globus Medical, Inc. compare | 14.1× |
| ZBH Zimmer Biomet Holdings, Inc. | 17.6× |
| GEHC GE HealthCare Technologies Inc. compare | 20.0× |
| STE STERIS plc compare | 23.2× |
| DXCM DexCom, Inc. compare | 23.4× |
| BIO.B Bio-Rad Laboratories, Inc. compare | 27.4× |
| PEN Penumbra, Inc. compare | 58.5× |
| Medical Devices industry median | 23.7× |
| Healthcare sector median | 20.2× |
| Market median | 14.2× |
What Price to free cash flow is
Price to Free Cash Flow Ratio shows how much investors pay for each dollar of cash a company generates after its capital spending.
Stock Price ÷ ((Operating Cash Flow (TTM) + Property, Plant, Equipment Change (Net) (TTM) + Intangible Assets Change (Net) (TTM)) ÷ (Shares (Basic, Weighted) (latest quarter)))
More on ZBH
- Revenue
- Net income
- EPS (diluted)
- 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
- EV/EBITDA
- EV/Sales
- EV/FCF
- 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
- Piotroski F-score
- Altman Z-score
- Beneish M-score
- The full statement