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Zimmer Biomet Holdings ZBH Ratios & Valuation

TTM Q1 '26TTM Q4 '25TTM Q3 '25TTM Q2 '25TTM Q1 '25
Profitability
Gross margin282.2%-3.8pp283.3%-3.7pp285%-2.3pp285.4%-1.8pp286.1%-1.0pp
Operating margin60.1%-6.6pp63.1%-2.9pp66.5%0.0pp66.4%+3.6pp66.7%+7.9pp
Net margin38.2%-13.0pp41%-11.2pp44.2%-10.1pp48.4%51.2%
Returns
Return on equity24.6%-6.6pp25.8%-5.8pp27.5%-5.3pp29.8%31.2%
Return on invested capital23.2%-3.1pp23.3%-3.5pp23.7%-4.1pp25.1%-1.1pp26.3%+2.0pp
Efficiency
Asset turnover1.5×0.0×1.4×0.0×1.4×0.0×1.4×0.0×1.4×0.0×
Liquidity
Current ratio+1.0×8.7×+2.5×8.6×+2.7×7.6×+0.9×-0.4×
Leverage
Debt-to-equity2.4×+0.4×2.4×+0.5×2.3×+0.4×2.2×+0.4×2.1×+0.2×
Net debt / EBITDA12.2×+2.0×11.6×+1.5×11×+0.9×10.8×+0.5×10.2×-0.5×
Per Share
Book value per share$255.96+4.1%$253.30+3.4%$250.55+3.0%$247.34+2.2%$245.91+2.8%
Valuation
Market capitalization$73.29B-16.7%$78.13B-16.0%$81.34B-16.5%$84.03B-14.9%$88.03B-17.8%
Price / earnings94.9×+4.2×96.4×+1.7×94.4×-1.8×90.6×90.8×
Price / sales-2.5×9.9×-2.5×10.4×-2.6×10.9×-2.4×11.5×-3.1×
Price / book5.8×-1.3×6.2×-1.2×6.5×-1.3×6.8×-1.1×-1.5×
EV / EBITDA44.1×-5.1×45.5×-6.6×45.9×-8.3×47.6×-9.4×49.2×-14.9×
Dividend yield4.2%+0.6pp4%+0.5pp3.8%+0.5pp3.7%+0.5pp3.6%+0.6pp

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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.