Discontinued — last reported Q3 '24
Corporate Items — Operating Income
Zimmer Biomet Holdings Corporate Items — Operating Income decreased by 2.3% to -$421.80M in Q3 2024 compared to the prior quarter. Year-over-year, this metric declined by 6.5%, from -$396.10M to -$421.80M. This is a positive signal — lower values indicate better performance for this metric.
Analysis
How to read this metric
A widening loss suggests rising administrative or corporate overhead, while a narrowing loss indicates successful cost-containment initiatives or improved operational efficiency at the corporate level.
Detailed definition
This metric represents the net operating costs incurred at the corporate level that are not allocated to specific busine...
Peer comparison
Most multinational corporations report a similar unallocated corporate loss, which investors monitor to assess the efficiency of the company's central management structure.
zbh_segment_corporate_items_operating_income_lossHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q1 '24 | Q2 '24 | Q3 '24 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | -$268.80M | -$240.60M | -$444.90M | -$270.60M | -$274.50M | -$244.90M | -$325.40M | -$387.90M | -$399.40M | -$396.10M | -$477.60M | -$412.40M | -$421.80M |
| QoQ Change | — | +10.5% | -84.9% | +39.2% | -1.4% | +10.8% | -32.9% | -19.2% | -3.0% | +0.8% | -20.6% | +13.7% | -2.3% |
| YoY Change | — | — | — | — | -2.1% | -1.8% | +26.9% | -43.3% | -45.5% | -61.7% | -23.1% | -3.3% | -6.5% |
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Frequently Asked Questions
- What is Zimmer Biomet Holdings's corporate items — operating income?
- Zimmer Biomet Holdings (ZBH) reported corporate items — operating income of -$421.80M in Q3 2024.
- How has Zimmer Biomet Holdings's corporate items — operating income changed year-over-year?
- Zimmer Biomet Holdings's corporate items — operating income decreased by 6.5% year-over-year, from -$396.10M to -$421.80M.
- What does corporate items — operating income mean?
- The net operating expenses incurred by corporate headquarters that are not charged to specific business units.