What are Zimmer Biomet Holdings's profit margins?

Zimmer Biomet Holdings (ZBH) runs a 70.0% gross margin and a 14.0% operating margin, with a 9.1% net margin.

Where do Zimmer Biomet Holdings's ratios come from?

Every ratio is computed from Zimmer Biomet Holdings's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.

Zimmer Biomet Holdings ZBH Ratios & Valuation

Income Statement Balance Sheet Cash Flow Ratios Segments

Quarterly Annual TTM

YoY QoQ

Simplified Detailed

	Q1 '26	Q4 '25	Q3 '25	Q2 '25	Q1 '25
Profitability
Gross margin	70%-1.0pp	69.7%-1.8pp	71.4%-0.3pp	71.1%-0.7pp	71.1%-0.8pp
Operating margin	14%-3.0pp	13.3%-3.4pp	16.6%+0.2pp	16.1%-0.4pp	17%+0.7pp
Net margin	9.1%-2.8pp	8.6%-3.2pp	10.1%-4.2pp	10.5%-2.7pp	11.9%-1.1pp
EBITDA margin	27.2%-3.0pp	26.6%-3.1pp	30%+0.7pp	29.4%+0.1pp	30.2%+1.0pp
Free cash flow margin	17.3%-1.6pp	17.9%+1.0pp	18.5%+0.5pp	18.8%+1.9pp	19%+2.8pp
Returns
Return on equity	6.1%-1.2pp	5.6%-1.6pp	6.4%-2.3pp	6.5%-1.4pp	7.3%-0.5pp
Return on assets	3.4%-0.8pp	3.2%-1.0pp	3.6%-1.5pp	3.7%-0.9pp	4.2%-0.3pp
Return on invested capital	6.2%-0.1pp	5.7%-0.4pp	5.6%-1.4pp	5.7%-1.2pp	6.3%-0.5pp
Efficiency
Asset turnover	0.4×0.0×	0.4×0.0×	0.4×0.0×	0.4×0.0×	0.4×0.0×
Inventory turnover	1.1×+0.2×	1.1×+0.2×	0.9×0.0×	0.9×0.0×	1×+0.1×
Liquidity
Current ratio	1.7×-0.7×	2×+0.1×	2.4×+1.1×	1.9×+0.6×	2.4×+0.8×
Quick ratio	0.9×-0.5×	1.1×+0.1×	1.4×+0.7×	1×+0.3×	1.5×+0.7×
Cash ratio	0.1×-0.5×	0.2×0.0×	0.5×+0.4×	0.2×+0.1×	0.6×+0.5×
Leverage
Debt-to-equity	0.6×0.0×	0.6×+0.1×	0.6×+0.1×	0.6×+0.1×	0.6×+0.1×
Debt-to-assets	0.3×0.0×	0.3×0.0×	0.3×0.0×	0.3×+0.1×	0.3×+0.1×
Net debt / EBITDA	3.1×+0.6×	3.3×+0.7×	2.8×+0.2×	3×+0.6×	2.5×0.0×
Per Share
Book value per share	$64.73+4.3%	$63.90+4.5%	$64.17+5.3%	$63.16+2.3%	$62.07+1.6%
Valuation
Market capitalization	$17.69B-21.5%	$17.82B-15.3%	$19.51B-12.1%	$18.27B-18.0%	$22.53B-18.2%
Enterprise value	$24.74B-12.7%	$24.98B-7.3%	$26.33B-6.2%	$25.28B-8.7%	$28.32B-14.0%
Price / earnings	23.2×-1.4×	25.3×+2.0×	24.2×+3.7×	22.2×-0.1×	24.7×-3.9×
Price / sales	2.1×-0.8×	2.2×-0.6×	2.4×-0.5×	2.3×-0.6×	2.9×-0.8×
Price / book	1.4×-0.4×	1.4×-0.3×	1.5×-0.3×	1.5×-0.3×	1.8×-0.4×
EV / EBITDA	10.8×-1.4×	11.4×-0.4×	10.9×-1.7×	11×-1.6×	12.2×-3.0×
EV / sales	2.9×-0.7×	3×-0.5×	3.3×-0.4×	3.2×-0.5×	3.7×-0.7×
Free cash flow yield	8.2%+1.8pp	8.3%+2.1pp	7.6%+1.5pp	8.1%+2.4pp	6.5%+2.1pp
Earnings yield	4.3%+0.2pp	4%-0.3pp	4.1%-0.8pp	4.5%0.0pp	4.1%+0.6pp
Dividend yield	1.1%+0.2pp	1.1%+0.1pp	1%+0.1pp	1.1%+0.2pp	0.9%+0.1pp

Chart any of these lines over time, or line them up against competitors.

Compare these in charts →

Ask your AI about Zimmer Biomet Holdings.

Connect your AI assistant and get a quick read on the numbers, right in your chat.

Connect your AI

Claude

Questions, answered.

What are Zimmer Biomet Holdings's profit margins?: Zimmer Biomet Holdings (ZBH) runs a 70.0% gross margin and a 14.0% operating margin, with a 9.1% net margin.
Where do Zimmer Biomet Holdings's ratios come from?: Every ratio is computed from Zimmer Biomet Holdings's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.