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

Zimmer Biomet Holdings, Inc.

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

106.64 0.21 −0.20%

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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 Segments Valuation Filings

Zimmer Biomet Holdings, Inc. (ZBH) revenue by segment, product and region

Where the money comes from and where it goes

Fiscal 2025: revenue by products and services, and margins
Knees	3,322	40.36%
S.E.T	2,150	26.12%
Hips	2,094	25.43%
Technology & Data, Bone Cement and Surgical	666	8.09%
Gross margin		69.71%
Operating margin		13.34%
Pre-tax margin		10.09%

Revenue by product or service $m

Line	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018	FY2017	FY2016
Knees	3,322 40.36%	3,174 41.33%	3,038 41.09%	2,778 40.03%	2,648 38.78%	2,378 38.81%	2,781 34.84%	2,774 34.96%	2,734 35.04%	2,751 35.88%
S.E.T	2,150 26.12%	1,866 24.30%	1,753 23.70%	1,697 24.45%	1,728 25.31%	1,526 24.90%	1,653 20.70%	1,401 17.66%	1,702 21.81%	1,639 21.37%
Hips	2,094 25.43%	1,999 26.03%	1,967 26.60%	1,895 27.30%	1,856 27.19%	1,751 28.57%	1,932 24.20%	1,919 24.19%	1,872 23.99%	1,862 24.28%
Technology & Data, Bone Cement and Surgical	666 8.09%	640 8.34%	636 8.60%	570 8.21%	596 8.72%	473 7.72%	596 7.46%	664 8.37%	319 4.09%	328 4.27%
Dental And Spine	—	—	—	—	—	—	1,022 12.80%	—	—	—
Dental Spine And C M F T	—	—	—	—	—	—	—	1,175 14.81%	—	—
Spine And C M F	—	—	—	—	—	—	—	—	758 9.71%	661 8.62%
Dental	—	—	—	—	—	—	—	—	419 5.36%	428 5.58%
Revenue	8,232	7,679	7,394	6,940	6,827	6,128	7,982	7,933	7,803	7,668

Gross profit by product or service $m, and margin

	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018	FY2017	FY2016
Shipping and Handling	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Gross profit	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
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Revenue by region $m

Line	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020
US	4,764 57.88%	4,439 57.81%	4,289 58.00%	4,012 57.82%	3,854 56.45%	3,508 57.25%
International	3,468 42.12%	3,240 42.19%	3,105 42.00%	2,928 42.18%	2,973 43.55%	2,620 42.75%
Also reported: a second breakdown of the same revenue
Americas	5,145 62.50%	4,795 62.44%	4,624 62.54%	4,296 61.90%	4,102 60.08%	3,700 60.38%
EMEA	1,829 22.22%	1,691 22.02%	1,592 21.54%	1,457 20.99%	1,477 21.64%	1,237 20.19%
Asia Pacific	1,258 15.28%	1,193 15.53%	1,178 15.93%	1,188 17.12%	1,248 18.28%	1,191 19.43%
Revenue	8,232	7,679	7,394	6,940	6,827	6,128

Operating income by segment $m, and margin

	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020
Americas	‡	‡	‡	‡	‡	‡
EMEA	‡	‡	‡	‡	‡	‡
Asia Pacific	‡	‡	‡	‡	‡	‡
Corporate Items	‡	‡	‡	‡	‡	‡
Operating income	‡	‡	‡	‡	‡	‡
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Operating figures as reported in each quarter’s results release or filing

Figure	Quarter	Latest	A year before	Change
Remaining performance obligations	Q4 FY2025	$0.00	$0.00	—

	Q4 FY2025	Q4 FY2024	Q4 FY2023	Q4 FY2022	Q4 FY2021	Q4 FY2020	Q4 FY2019	Q4 FY2018	Q3 FY2018	Q2 FY2018	Q1 FY2018
Remaining performance obligations	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
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As each company reports them in its 10-K and 10-Q filings, in US dollars. Where a later filing recast a year's segments, the year is shown as recast; a period whose breakdown does not add up to the company's revenue is left out.