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) P/S ratio

Alert me on P/S ratio

As of 5 November 2026, Zimmer Biomet Holdings, Inc. (ZBH) trades at a P/S ratio of 2.4×. Over the past ten years it has ranged from 1.8× (May 2026) to 6.1× (April 2021); the current reading is higher than 9% of that period. That is below the Medical Devices industry median of 2.5× and below the Healthcare sector median of 3.5×.

P/S ratio, daily

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Annual newest first

Period P/S ratio Change
FY2025 2.2× (22.58%)
FY2024 2.8× (18.45%)
FY2023 3.4× (10.87%)
FY2022 3.8× 0.96%
FY2021 3.8× (25.44%)
FY2020 5.1× 35.35%
FY2019 3.8× 44.54%
FY2018 2.6× (17.10%)
FY2017 3.1× 19.11%
FY2016 2.6× (15.05%)

Quarterly newest first

Period P/S ratio Change
Sep 2026 2.0× 1.54%
Jun 2026 1.9× (7.26%)
Mar 2026 2.1× (3.06%)
Dec 2025 2.2× (11.20%)
43 more quarters

Against its own ten years

Low 1.8× High 6.1×
Ten-year median 3.2×
Current reading's percentile 10

P/S ratio against peers

Company P/S ratio
SNN Smith & Nephew SNATS, Inc. compare 1.4×
PHG Koninklijke Philips N.V. compare 1.4×
ZBH Zimmer Biomet Holdings, Inc. 2.4×
PODD Insulet Corporation compare 3.4×
GMED Globus Medical, Inc. compare 3.5×
STE STERIS plc compare 4.0×
DXCM DexCom, Inc. compare 6.2×
PEN Penumbra, Inc. compare 8.1×
GKOS Glaukos Corporation compare 18.8×
Medical Devices industry median 2.5×
Healthcare sector median 3.5×
Market median 1.9×

What P/S ratio is

Price to Sales Ratio shows how much investors pay for each dollar of a company’s annual sales, whether or not it is profitable.

(Stock Price × Shares (Basic, Weighted) (latest quarter)) ÷ Revenue (TTM)

The full definition of P/S ratio →

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