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Overview

ZIMMER BIOMET HOLDINGS, INC.

ZBHNYSEHealth CareOrthopedic, Prosthetic & Surgical Appliances & SuppliesCIK 0001136869Large-cap benchmark

Latest 10-K: FY2025, filed Feb 20, 2026 · Open the 10-K (Inline XBRL) ↗

Revenue
$8.23B
7.2%YoYup from FY2024
TotalRevenue
Gross profit
$5.74B
4.6%YoYup from FY2024
GrossProfit
Operating income
$1.10B
14.6%YoYdown from FY2024
OperatingIncome
Net income
$0.71B
22.0%YoYdown from FY2024
NetIncome
Diluted EPS
$3.55
19.9%YoYdown from FY2024
EPSDiluted
Diluted shares
198.7M
2.6%YoYdown from FY2024
WeightedAvgSharesDiluted

At a glance

Growth

  • ZIMMER BIOMET HOLDINGS, INC. reported revenue of $8.23B for fiscal 2025, up 7.2% from fiscal 2024.
  • Revenue grew faster than the median S&P 500 member in 2 of the last 5 fiscal years.

Profitability

  • Operating margin was 13.3% and net margin was 8.6%, against a median net margin of 12.8% across S&P 500 members for the same fiscal year.

Per share

  • Diluted EPS was $3.55, down 19.9% from the prior year.
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Written from the filed figures on this page by fixed rules — no AI.

Data as of Oct 31, 2026 · Sources: SEC EDGAR 10-K

Financial statements

Annual figures from the 10-K, most recent fiscal year first.

Income Statement

5 annual periods

Chip: YoY change.

Income Statement, annual, newest fiscal year first. 4Y CAGR: compound annual growth from the oldest to the newest year shown. Muted line: large-cap benchmark median change. Line under a label: how many large-cap benchmark companies its median rests on.
Line itemFY2025FY2024FY2023FY2022FY20214Y CAGR
Revenue
$8.23B7.2%up
Benchmark median 6.4%
$7.68B3.8%up
Benchmark median 4.5%
$7.39B6.5%up
Benchmark median 4.8%
$6.94B1.6%up
Benchmark median 10.3%
$6.83B11.4%up
Benchmark median 13.8%
4.8%
Benchmark median 6.6%
Gross Profit
Median of 315 / 498
$5.74B4.6%up
Benchmark median 6.8%
$5.49B3.3%up
Benchmark median 5.5%
$5.31B7.9%up
Benchmark median 5.2%
$4.92B1.1%up
Benchmark median 8.3%
$4.87B13.1%up
Benchmark median 15.7%
4.2%
Benchmark median 6.2%
Operating Income
Median of 373 / 498
$1.10B14.6%down
Benchmark median 7.3%
$1.29B0.6%up
Benchmark median 7.4%
$1.28B83.5%up
Benchmark median 4.9%
$0.70B19.1%down
Benchmark median 7.5%
$0.86B935.3%up
Benchmark median 23.5%
6.3%
Benchmark median 7.2%
Net Income
$0.71B22.0%down
Benchmark median 4.8%
$0.90B11.7%down
Benchmark median 5.7%
$1.02B342.5%up
Benchmark median 1.9%
$0.23B42.4%down
Benchmark median 1.3%
$0.40Bn/m
Benchmark median 33.9%
15.1%
Benchmark median 4.1%
EPS (Diluted)
$3.5519.9%down
Benchmark median 6.2%
$4.439.2%down
Benchmark median 7.9%
$4.88343.6%up
Benchmark median 1.9%
$1.1042.4%down
Benchmark median 1.5%
$1.91n/m
Benchmark median 34.8%
16.8%
Benchmark median 5.6%

Balance Sheet

5 annual periods

Chip: YoY change.

Balance Sheet, annual, newest fiscal year first. 4Y CAGR: compound annual growth from the oldest to the newest year shown. Muted line: large-cap benchmark median change. Line under a label: how many large-cap benchmark companies its median rests on.
Line itemFY2025FY2024FY2023FY2022FY20214Y CAGR
Total Assets
$23.09B8.1%up
Benchmark median 5.6%
$21.37B0.6%down
Benchmark median 3.4%
$21.50B2.0%up
Benchmark median 4.1%
$21.07B10.2%down
Benchmark median 2.2%
$23.46B3.9%down
Benchmark median 6.7%
-0.4%
Benchmark median 4.7%
Total Liabilities
Median of 357 / 498
$10.39B16.8%up
Benchmark median 6.4%
$8.89B1.3%down
Benchmark median 1.9%
$9.01B0.3%down
Benchmark median 2.9%
$9.04B16.2%down
Benchmark median 2.0%
$10.79B11.7%down
Benchmark median 5.2%
-0.9%
Benchmark median 4.4%
Stockholders' Equity
$12.71B1.8%up
Benchmark median 6.8%
$12.48B0.1%down
Benchmark median 5.4%
$12.49B3.8%up
Benchmark median 7.3%
$12.03B5.0%down
Benchmark median 2.5%
$12.67B3.8%up
Benchmark median 9.0%
0.1%
Benchmark median 6.1%
Cash & Equivalents
$591.90M12.6%up
Benchmark median 5.2%
$525.50M26.4%up
Benchmark median 1.9%
$415.80M10.7%up
Benchmark median 6.7%
$375.70M0.6%down
Benchmark median -8.6%
$378.10M52.9%down
Benchmark median -2.9%
11.9%
Benchmark median 2.0%
Total Debt
$7.52B21.2%up
Benchmark median 2.1%
$6.20B7.0%up
Benchmark median 0.2%
$5.80B1.8%up
Benchmark median 0.3%
$5.70B19.7%down
Benchmark median 0.1%
$7.10B12.3%down
Benchmark median -0.1%
1.4%
Benchmark median 4.3%

Cash Flow Statement

5 annual periods

Chip: YoY change.

Cash Flow Statement, annual, newest fiscal year first. 4Y CAGR: compound annual growth from the oldest to the newest year shown. Muted line: large-cap benchmark median change. Line under a label: how many large-cap benchmark companies its median rests on.
Line itemFY2025FY2024FY2023FY2022FY20214Y CAGR
Operating Cash Flow
$1.70B13.2%up
Benchmark median 6.3%
$1.50B5.2%down
Benchmark median 4.8%
$1.58B16.6%up
Benchmark median 9.9%
$1.36B9.5%down
Benchmark median -0.7%
$1.50B24.5%up
Benchmark median 10.7%
3.1%
Benchmark median 7.0%
Capital Expenditures
$224.50M10.2%up
Benchmark median 5.4%
$203.80M30.0%down
Benchmark median 2.8%
$291.10M54.9%up
Benchmark median 11.3%
$187.90M30.8%up
Benchmark median 14.0%
$143.60M28.3%up
Benchmark median 8.1%
11.8%
Benchmark median 9.0%
Free Cash Flow
Median of 378 / 498
$1.47B13.7%up
Benchmark median 7.3%
$1.30B0.4%up
Benchmark median 6.1%
$1.29B10.5%up
Benchmark median 8.8%
$1.17B13.8%down
Benchmark median -11.3%
$1.36B24.1%up
Benchmark median 10.2%
2.1%
Benchmark median 4.9%

n/m: not meaningful — the base (the prior year, or the first year for the CAGR) was zero or negative, or a per-share figure’s share basis changed (stock split). “—” means the figure is not available.

Benchmark median = median of the companies in the benchmark universe on Dec 31 of each fiscal year, from their own 10-K filings; a change counts only companies whose prior year was positive. Each median uses every member that reports the line item; where fewer than 80% do (banks and insurers file no gross profit), the row names how many. Published where at least 250 companies report it. Updated 2026-10-27. This compares reported figures, not share-price returns. Methodology

Ratios & valuation

FY2025

Every ratio read two ways: Wall Street’s popular formula and the value investor’s stricter one. Same question, same unit. Pick a ratio.

Valuation · Earnings yield

What a dollar of market value earned

3.9%

Wall Street

on net earnings

FY2024 4.2%

8.2%

Value investor

on free cash flow

FY2024 6.0%

Gap +4.3 pts: Value-investor figure 4.3 points higher

How it’s calculated

Wall Street · on net earnings

Diluted EPS ÷ fiscal-year-end share price (1 ÷ P/E)

pe_ratio (ratio table)

P/E 25.3×

Value investor · on free cash flow

(Operating cash flow − capital expenditures) ÷ market capitalisation (fiscal-year-end close × weighted-average diluted shares)

free cash flow ÷ market cap

Each ratio measures one thing two ways, in the same unit: the popular formula, then a stricter one, so a lower figure is the stricter reading. Gap = value-investor figure minus Wall Street figure, from the figures shown.

Price-based ratios use the fiscal-year-end closing price. Free cash flow = operating cash flow − capital expenditures (we compute it; filings rarely report it). n/m = not meaningful (denominator ≤ 0); “—” = not reported. Each ratio’s formulas are under “How it’s calculated”.

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Smart money

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Showing the most recent 5 annual periods. Get longer history on the Pro plan, or the full history (1993–present) plus the smart-money dataset and webhooks on Institutional.

Peers, filings & research

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Research Reports

No published research on ZBH yet.

Reports appear here as analysts publish research on this company — built with Valuein's agentic workflows on data pinned to its SEC filing. Be the first: run equity_research_brief on ZBH and publish the result to your public profile.

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Cite this page

Data as of Oct 31, 2026. Canonical address: https://valuein.biz/data/ZBH

APA-style text
Valuein. (2026, October 31). ZIMMER BIOMET HOLDINGS, INC. (ZBH) financial statements, earnings power and smart-money summary [Data set]. Source: SEC EDGAR filings. https://valuein.biz/data/ZBH
BibTeX
@misc{valuein_zbh_2026,
  author = {{Valuein}},
  title = {ZIMMER BIOMET HOLDINGS, INC. (ZBH) financial statements, earnings power and smart-money summary},
  year = {2026},
  howpublished = {\url{https://valuein.biz/data/ZBH}},
  note = {Data as of 2026-10-31; source: SEC EDGAR filings}
}
Open 10-K in SEC Inline XBRL viewer

10-K filed Feb 20, 2026 · accession 0001193125-26-059853

Agents: every figure Valuein's tools return carries a fact_id that traces to its SEC filing.

point-in-time · survivorship-free · every number traceable to its SEC filing

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