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Gross margin at other companies

Johnson & Johnson logo
Johnson & JohnsonJNJ
67.8%-0.5pp
Stryker logo
StrykerSYK
63.8%-0.1pp
Medtronic logo
MedtronicMDT
65%-0.3pp
Intuitive Surgical logo
Intuitive SurgicalISRG
66.3%-0.8pp

Other financials

Income statement

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Revenue$2.1B+9.3%
Gross profit$1.5B+11.1%
Operating income$373.2M+27.7%
Net income$238.1M+30.8%
EPS (diluted)$1.22+34.1%

Balance sheet

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Cash & equivalents$424.2M-69.4%
Total debt$7.5B+4.1%
Total equity$12.7B+2.2%
Total assets$22.7B+2.4%

Cash flow

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Operating cash flow$359.4M-6.1%
CapEx$36.3M-18.6%
Free cash flow$323.1M-4.5%

Valuation

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Market cap$16.86B-21.5%
Enterprise value$23.91B-12.7%
P/E22.2×-1.4×
P/S-0.8×

Profitability

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Operating margin14%-3.0pp
Net margin9.1%-2.8pp

Returns & leverage

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Return on equity6.1%-1.2pp
Debt / equity0.6×0.0×
Current ratio1.7×-0.7×

Where this comes from

Calculated from Zimmer Biomet Holdings’s reported figures.

Based on trailing twelve months.

The official record: Zimmer Biomet Holdings’s 10-Q, filed May 1, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Zimmer Biomet Holdings's gross margin?
Zimmer Biomet Holdings (ZBH) reported gross margin of 70% in Q1 2026.
How has Zimmer Biomet Holdings's gross margin changed year-over-year?
Zimmer Biomet Holdings's gross margin decreased by 1.4% year-over-year, from 71.1% to 70%.
What is the long-term trend for Zimmer Biomet Holdings's gross margin?
Over 4 years (2021 to 2025), Zimmer Biomet Holdings's gross margin has grown at a 2.4% compound annual growth rate (CAGR), from 257.8% to 283.3%.
What does gross margin mean?
How much of every sales dollar is left after the direct cost of what was sold.
How do you interpret gross margin?
Higher and stable gross margins indicate pricing power and a durable cost structure. A declining trend signals input-cost pressure, pricing competition, or a shift toward lower-margin products.
How does gross margin compare across companies?
Highly comparable within an industry, less so across industries — software runs 70%+ while distributors run in single digits. Track the trend more than the absolute level across sectors.