Companies / Health Care
ZBH
Zimmer Biomet
Health Care Equipment
Health Care EquipmentAnalysis in progress
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Business at a glance
Operating-health scores describe reported fundamentals on a 0–100 scale. They are not a rating of the stock. How they work
Operating health70
Growth47
Profitability56
Cash generation86
Balance sheet63
Dilution control96
Key ratios and five-year financials
Latest quarter revenue YoY (2026-09-30)3.1%Revenue growth (FY)7.2%Revenue CAGR (3y)5.9%Gross margin69.7%Operating margin13.3%Net margin8.6%Free cash flow margin17.9%R&D / revenue5.6%Stock comp / revenue1.1%Net debt / operating cash flow4.08xCurrent ratio1.98Diluted share count change-2.6%
| Fiscal year ending | FY 2021-12 | FY 2022-12 | FY 2023-12 | FY 2024-12 | FY 2025-12 |
|---|---|---|---|---|---|
| Revenue | $6.8B | $6.9B | $7.4B | $7.7B | $8.2B |
| Gross profit | $4.9B | $4.9B | $5.3B | $5.5B | $5.7B |
| Operating income | $860M | $696M | $1.3B | $1.3B | $1.1B |
| Net income | $402M | $231M | $1.0B | $904M | $705M |
| Operating cash flow | $1.5B | $1.4B | $1.6B | $1.5B | $1.7B |
| Capital expenditure | $144M | $188M | $291M | $204M | $224M |
| Free cash flow | $1.4B | $1.2B | $1.3B | $1.3B | $1.5B |
| R&D | $436M | $406M | $459M | $437M | $458M |
| Stock-based comp | $76M | $105M | $100M | $101M | $90M |
| Buybacks | — | $126M | $692M | $868M | $487M |
| Dividends | $200M | $201M | $201M | $196M | $190M |
| Cash | $378M | $376M | $416M | $526M | $592M |
| Total debt | $2.6B | $5.7B | $5.8B | $6.2B | $7.5B |
| Equity | $12.7B | $12.0B | $12.5B | $12.5B | $12.7B |
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