Zimmer Biomet Holdings, Inc. logo ZBH - Zimmer Biomet Holdings, Inc.

Price: -- -- | CONSENSUS: Hold DETAILS
STRONG
BUY
0
BUY 18
HOLD 21
SELL 3
STRONG
SELL
0
| PRICE TARGET: $96.33 DETAILS
HIGH: $120.00
LOW: $83.00
MEDIAN: $93.00
CONSENSUS: $96.33
UPSIDE: 12.67%
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998
Revenue
Revenue 8,231.5 7,678.6 7,394.2 6,939.9 6,827.3 6,127.5 7,982.2 7,932.9 7,803.3 7,668.4 5,997.8 4,673.3 4,623.4 4,471.7 4,451.8 4,220.2 4,095.4 4,121.1 3,897.5 3,495.4 3,286.1 2,980.9 1,901 1,372.4 1,178.6 1,040.6 939 861
Cost of Revenue 3,159.6 2,191.2 2,083.8 2,019.5 1,960.4 1,824.3 2,252.6 2,271.9 2,132.9 2,381.8 1,800.6 1,242.8 1,286.1 1,125.2 1,122 1,012.2 990.7 997.3 875.9 780.1 739.4 779.9 516.2 344.8 325.9 290.9 269 265
Gross Profit 5,071.9 5,487.4 5,310.4 4,920.4 4,866.9 4,303.2 5,729.6 5,661 5,670.4 5,286.6 4,197.2 3,430.5 3,337.3 3,346.5 3,329.8 3,208 3,104.7 3,123.8 3,021.6 2,715.3 2,546.7 2,201 1,384.8 1,027.6 852.7 749.7 670 596
Operating Expenses
R&D Expenses 458.5 437.4 458.7 406 435.8 322.8 449.3 391.7 369.9 365.6 268.8 191.9 204.2 225.6 238.4 218.5 205.7 192.3 209.6 188.3 175.5 166.7 105.8 80.7 71.6 52 45 36
SG&A Expenses 3,251.2 2,929.8 2,838.9 2,761.7 2,843.4 2,712.7 3,343.8 3,379.3 3,104.7 2,944.6 2,660.5 1,978.2 1,833.8 1,912.3 1,863.5 1,766 1,764 1,773 1,489.7 1,355.7 1,259.6 1,190 737.5 546 532.8 429.7 394 349
Other Expenses 0 834.5 735.1 1,056.4 727.4 1,184.6 799 1,856.2 1,396.5 1,155.3 800.6 223.1 6 161.2 203.8 306.8 116.2 68.5 194.7 6.1 56.6 81.1 90.8 0 0 0 0 0
Operating Expenses 3,709.7 4,201.7 4,032.7 4,224.1 4,006.6 4,220.1 4,592.1 5,627.2 4,871.1 4,465.5 3,729.9 2,393.2 2,038 2,299.1 2,305.7 2,291.3 2,085.9 2,033.8 1,894 1,550.1 1,491.7 1,437.8 934.1 626.7 604.4 481.7 439 385
Operating Income
Operating Income 1,362.2 1,285.7 1,277.7 696.3 860.3 83.1 1,137.5 33.8 799.3 821.1 467.3 1,037.3 1,035.6 1,047.4 1,024.1 916.7 1,018.8 1,090 1,127.6 1,165.2 1,055 763.2 450.7 400.9 248.3 268 231 211
Interest Expense 292.8 218 201.2 164.8 208.4 212.1 226.9 289.3 325.3 355 286.6 63.1 70.1 72.9 55.3 60.2 20.6 0 0 0 0 0 0 0 0 0 0 0
Interest Income 0 0 0 0 0 0 0 0 0 0 9.4 11.9 15.6 15.6 10.1 3.7 0 31.8 0 0 0 0 0 0 0 0 0 0
Profitability
EBITDA 2,217.4 2,250.9 2,220.2 1,494.7 1,645.1 1,005.3 2,138.8 1,058.7 1,852.6 1,793.9 1,152.2 1,378.3 1,409.7 1,426.1 1,394.1 1,260.6 1,472.4 1,433.6 1,382.8 1,368.7 1,297.3 1,025.6 644.8 426.2 271.7 291.1 253 237
EBIT 1,123.6 1,254.6 1,268.5 568.3 707.4 106.9 1,132.7 18.2 789.9 754.6 439.8 1,002.5 1,051.2 1,063 1,034.2 920.4 1,135 1,158.5 1,152.8 1,171.3 1,111.6 844.3 541.5 400.9 248.3 268 231 211
Income Before Tax 830.8 1,036.6 1,067.3 403.5 499 (105.2) 905.8 (271.1) 464.6 399.6 153.2 939.4 981.1 990.1 978.9 860.2 998.2 1,121.8 1,131.6 1,169 1,040.7 731.5 437.5 388.9 240.9 268 231 211
Income Tax Expense 125.7 131.4 42.2 112.3 53.5 (96) (225.7) 108.2 (1,348.8) 95 7 220.2 221.9 237.2 218.9 263.3 280.8 272.3 357.9 334 307.3 189.6 146.8 131.1 91.1 92 81 66
Net Income 705.2 903.8 1,024 231.4 401.6 (138.9) 1,131.6 (379.2) 1,813.8 305.9 147 720.3 761 755 760.8 596.9 717.4 848.6 773.2 834.5 732.5 541.8 346.3 257.8 149.8 176 150 145
Per Share Data
EPS (Basic) 3.56 4.45 4.91 1.10 1.93 -0.67 5.52 -1.86 9.11 1.51 0.27 4.26 4.49 4.32 4.06 2.98 3.34 3.73 3.28 3.43 2.96 2.22 1.67 1.33 0.77 0.91 0.77 0.75
EPS (Diluted) 3.55 4.43 4.88 1.10 1.91 -0.67 5.47 -1.86 9.03 1.50 0.26 4.19 4.43 4.29 4.03 2.97 3.32 3.72 3.26 3.40 2.93 2.19 1.64 1.31 0.77 0.91 0.77 0.75
Shares Outstanding 198 203.1 208.7 209.6 208.6 207 205.1 203.5 201.9 200 187.4 169 169.6 174.9 187.6 200 215 227.3 235.5 243 247.1 244.4 207.7 194.5 193.7 193.6 193.6 193.8
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2009 2008 2004 2003 2002 2001 2000 1999
Current Assets
Cash & Cash Equivalents 591.9 525.5 415.8 375.7 378.1 802.1 617.9 542.8 524.4 634.1 691.7 212.6 154.6 77.5 15.7 18.4 0 0
Short-Term Investments 0 0 0 0 0 0 0 0 0 0 66.4 0 0 0 0 0 0 0
Net Receivables 1,704.4 1,480.7 1,442.4 1,381.5 1,259.6 1,452.7 1,363.9 1,275.8 1,544.1 1,604.4 751.4 732.8 524.8 486.4 214.8 181.7 188.7 196
Inventory 2,286.4 2,235.3 2,385.2 2,147.2 2,148 2,450.7 2,385 2,256.5 2,081.8 1,969.3 913.2 928.3 536 527.7 257.6 200 152.3 150
Other Current Assets 537.2 430 366.1 324.5 772.6 0 0 0 0 0 209.9 201 291.5 203.6 52.6 49.2 37 84
Total Current Assets 5,119.9 4,671.5 4,609.5 4,427.3 4,885 5,083.3 4,723.9 4,427.4 4,582.3 4,673.5 2,738 2,178.6 1,560.9 1,338.7 612.4 508.6 419.4 430
Non-Current Assets
Property, Plant & Equipment 2,207.1 2,048.8 2,060.4 1,872.5 1,836.6 2,047.7 2,077.4 2,015.4 2,038.6 2,037.9 1,221.7 1,264.1 628.5 525.2 157.8 148.2 118.5 114
Goodwill 9,947.1 8,951.1 8,818.5 8,580.2 8,919.4 9,261.8 9,599.7 9,594.4 10,668.4 10,643.9 2,783.5 2,774.8 2,528.9 0 0 0 0 0
Intangible Assets 4,717.3 4,598.4 4,856.4 5,063.8 5,533.6 7,055.5 7,257.6 7,684.6 8,353.4 8,785.4 858 872.1 794.8 3,052.3 0 0 0 0
Long-Term Investments 0 73.2 31.6 16.6 27.6 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Non-Current Assets 1,100.3 1,022.3 1,120.5 1,105.6 2,254.2 969.4 909.8 366.2 379.5 553.6 184.3 149.4 182.4 78.6 18.6 21.4 19.5 62
Total Non-Current Assets 17,971.8 16,693.8 16,887.4 16,638.7 18,571.4 19,334.4 19,914.8 19,699.4 21,449.2 22,020.8 5,047.5 5,060.4 4,134.6 3,817.3 246.5 236.4 178 176
Total Assets 23,091.7 21,365.3 21,496.9 21,066 23,456.4 24,417.7 24,638.7 24,126.8 26,014 26,684.4 7,785.5 7,239 5,695.5 5,156 858.9 745 597.4 606
Current Liabilities
Account Payables 0 194.6 410.6 354.1 306.5 330 400.9 362.6 330.2 364.5 134.6 186.4 131.6 127.6 59.8 67.4 50.1 98
Short-Term Debt 587.1 863 900 544.3 1,605.1 500 1,500 525 1,225 575.6 0 0 27.5 101.3 156.7 150 0 0
Deferred Revenue 0 0 0 0 0 145 0 0 0 0 0 0 0 0 0 0 0 0
Other Current Liabilities 1,996.6 286 326.1 502.8 640.5 329.8 321.7 460.4 319.1 168 0 558.1 541.9 416.4 184.3 155.7 (17.7) 117
Total Current Liabilities 2,583.7 2,450.9 2,857.4 2,358.2 3,467.9 2,556.9 3,441.5 2,421.3 3,069.7 2,381.5 690.7 771.1 701 645.3 400.8 373.1 186.9 215
Non-Current Liabilities
Long-Term Debt 6,932 5,341.6 4,867.9 5,152.2 5,463.7 7,626.5 6,721.4 8,413.7 8,917.5 10,665.8 1,127.6 460.1 624 1,007.8 0 213.9 0 0
Deferred Tax Liabilities 0 352.5 357.6 474.8 558.5 790.4 840.1 999.5 1,101.5 3,030.9 0 0 0 0 0 0 0 0
Other Non-Current Liabilities 870.2 744.1 925.9 1,053.8 1,299.9 1,244.5 1,242.9 1,016.2 1,189.8 936.3 328.5 353.9 420.9 352.6 91.8 79.3 149.5 98
Total Non-Current Liabilities 7,802.2 6,438.2 6,151.4 6,680.8 7,322.1 9,661.4 8,804.4 10,429.4 11,208.8 14,633 1,456.1 814 1,044.9 1,360.4 91.8 293.2 149.5 98
Total Liabilities 10,385.9 8,889.1 9,008.8 9,039 10,790 12,218.3 12,245.9 12,850.7 14,278.5 17,014.5 2,146.8 1,585.1 1,745.9 2,005.7 492.6 666.3 336.4 215
Stockholders' Equity
Common Stock 0 3.2 3.2 3.1 3.1 3.1 3.1 3.1 3.1 3.1 2.5 2.5 2.5 2.4 2 1.9 0 0
Retained Earnings 0 11,095.3 10,384.5 9,559.3 10,292.2 10,086.9 10,427.3 9,491.2 10,022.8 8,467.1 5,102.5 4,385.5 1,201.5 659.7 313.4 55.6 0 0
Accumulated Other Comprehensive Income 0 (262.8) (191) (179.3) (231.6) (297.8) (241.9) (187.4) (83.2) (434) 358.6 240 253.3 138.7 14 16.8 7 782
Total Stockholders' Equity 12,705.8 12,468.1 12,480.5 12,020.3 12,660.7 12,194.2 12,388.1 11,271.3 11,735.8 9,668.9 5,638.7 5,650.3 3,942.5 3,143.3 366.3 78.7 261 391
Total Liabilities & Equity 23,091.7 21,365.3 21,489.3 21,066 23,456.4 24,417.7 24,638.7 24,126.8 26,014 26,684.4 7,785.5 7,239 5,695.5 5,156 858.9 745 597.4 606
Debt Metrics
Total Debt 7,519.1 6,204.6 5,767.9 5,696.5 7,068.8 8,126.5 8,221.4 8,938.7 10,142.5 11,241.4 1,127.6 460.1 651.5 1,109.1 156.7 363.9 0 0
Net Debt 6,927.2 5,679.1 5,352.1 5,320.8 6,690.7 7,324.4 7,603.5 8,395.9 9,618.1 10,607.3 435.9 247.5 496.9 1,031.6 141 345.5 0 0
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2005 2004 2003 2002 2001 2000 1999 1998
Operating Activities
Net Income 705.2 905.2 1,025.1 291.2 445.5 (9.2) 1,131.5 (379.3) 1,813.4 304.6 732.5 541.8 346.3 257.8 149.8 176 150 145
Depreciation & Amortization 1,093.8 996.3 951.7 926.4 937.7 898.4 1,006.1 1,040.5 1,062.7 1,039.3 185.7 181.3 103.3 25.3 23.4 23.1 22 26
Stock-Based Compensation 0 101 99.8 105 76 73.8 84.3 65.5 53.7 57.3 0 0 0 0 0 0 0 0
Change in Working Capital (104.9) (455.4) (396.2) (311.4) (134.2) (429.8) (167.5) 27.6 64.2 (23.5) (79.3) 79.7 80.4 (92.8) (2.5) 20.2 17.5 28
Other Non-Cash Items 90.1 0 (2.5) 337.9 276.3 631.9 70.1 979.7 364.3 407.7 39.3 59.4 (35.2) 29.9 1.1 5.3 (9.5) 0
Operating Cash Flow 1,697 1,499.4 1,581.6 1,284.7 1,499.2 1,204.5 1,585.8 1,747.4 1,582.3 1,632.2 878.2 862.2 494.8 220.2 171.8 232.4 180 199
Investing Activities
Capital Expenditure (224.5) (356.8) (394.5) (217.6) (152) (111.9) (404.7) (162.7) (156) (184.7) (105.3) (100.8) (158.5) (33.7) (54.7) (29) (33) (20)
Acquisitions (1,393.2) (276.3) (134.9) (99.8) 0 (227.1) (37.1) (15.3) (4) (1,443) (44.1) (171.3) (927.7) 0 0 0 0 0
Purchases of Investments (300.9) (240.3) (311.7) (258.3) (273.6) (259) (315.9) (276.3) (337) (347) (150) 0 0 0 0 0 0 0
Sales/Maturities of Investments 0 22.1 33.4 89.4 1.9 53.5 48.1 69.2 0 286.2 0 0 0 0 0 0 0 0
Other Investing Activities (4.7) (189.8) (74.6) (72.6) (88.3) (69.3) (217.3) (31.5) (13.8) (3) (11.7) (116.2) (16.5) (2) 0 0 0 0
Investing Cash Flow (1,975.7) (888.1) (778.9) (529.2) (503.6) (613.8) (729.3) (416.6) (510.8) (1,691.5) (311.1) (388.3) (1,102.7) (35.7) (54.7) (29) (33) (20)
Financing Activities
Net Debt Issuance 1,006.4 536.3 54.6 (1,060.7) (1,055) (252.9) (716.1) (1,154.4) (1,248.2) (259.6) (555.3) (461.4) 620.6 (212.8) 366.3 0 0 0
Stock Repurchased (487) (868) (692.2) (126.4) 0 0 0 0 0 (415.5) (4.1) 0 0 0 0 0 0 0
Dividends Paid (190.3) (196) (200.9) (201.2) (200.1) (198.5) (196.7) (195.2) (193.6) (188.4) 0 0 0 0 (290) 0 0 0
Other Financing Activities (42.8) 43.2 75 544.5 (173.4) 29.6 132.9 47.4 231.3 120.3 (1.9) (5.6) (26.3) 0 (176.8) (203.4) (147) (179)
Financing Cash Flow 326 (484.5) (763.5) (843.8) (1,306) (421.8) (779.9) (1,302.2) (1,210.5) (743.2) (484.6) (402) 664.8 (188.9) (99.1) (203.4) (147) (179)
Cash Position
Net Change in Cash 66.4 109.7 40.1 (102.8) (323.6) 184.2 75.1 18.4 (109.7) (825.2) 78.6 77.1 61.8 (2.7) 18.4 0 0 0
Cash at Beginning 525.5 415.8 375.7 478.5 802.1 617.9 542.8 524.4 634.1 1,459.3 154.6 77.5 15.7 18.4 0 0 0 542.8
Cash at End 591.9 525.5 415.8 375.7 478.5 802.1 617.9 542.8 524.4 634.1 233.2 154.6 77.5 15.7 18.4 0 0 542.8
Free Cash Flow 1,472.5 1,142.6 1,187.1 1,067.1 1,347.2 1,092.6 1,181.1 1,584.7 1,426.3 1,447.5 772.9 761.4 336.3 186.5 117.1 203.4 147 179
Key Metrics 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998
Income Statement
Revenue 8,231.5 7,678.6 7,394.2 6,939.9 6,827.3 6,127.5 7,982.2 7,932.9 7,803.3 7,668.4 5,997.8 4,673.3 4,623.4 4,471.7 4,451.8 4,220.2 4,095.4 4,121.1 3,897.5 3,495.4 3,286.1 2,980.9 1,901 1,372.4 1,178.6 1,040.6 939 861
Gross Profit 5,071.9 5,487.4 5,310.4 4,920.4 4,866.9 4,303.2 5,729.6 5,661 5,670.4 5,286.6 4,197.2 3,430.5 3,337.3 3,346.5 3,329.8 3,208 3,104.7 3,123.8 3,021.6 2,715.3 2,546.7 2,201 1,384.8 1,027.6 852.7 749.7 670 596
Operating Income 1,362.2 1,285.7 1,277.7 696.3 860.3 83.1 1,137.5 33.8 799.3 821.1 467.3 1,037.3 1,035.6 1,047.4 1,024.1 916.7 1,018.8 1,090 1,127.6 1,165.2 1,055 763.2 450.7 400.9 248.3 268 231 211
Net Income 705.2 903.8 1,024 231.4 401.6 (138.9) 1,131.6 (379.2) 1,813.8 305.9 147 720.3 761 755 760.8 596.9 717.4 848.6 773.2 834.5 732.5 541.8 346.3 257.8 149.8 176 150 145
EPS (Diluted) 3.55 4.43 4.88 1.10 1.91 -0.67 5.47 -1.86 9.03 1.50 0.26 4.19 4.43 4.29 4.03 2.97 3.32 3.72 3.26 3.40 2.93 2.19 1.64 1.31 0.77 0.91 0.77 0.75
Balance Sheet
Cash & Equivalents 591.9 525.5 415.8 375.7 378.1 802.1 617.9 542.8 524.4 634.1 691.7 212.6 154.6 77.5 15.7 18.4 0 0
Total Assets 23,091.7 21,365.3 21,496.9 21,066 23,456.4 24,417.7 24,638.7 24,126.8 26,014 26,684.4 7,785.5 7,239 5,695.5 5,156 858.9 745 597.4 606
Total Debt 7,519.1 6,204.6 5,767.9 5,696.5 7,068.8 8,126.5 8,221.4 8,938.7 10,142.5 11,241.4 1,127.6 460.1 651.5 1,109.1 156.7 363.9 0 0
Stockholders' Equity 12,705.8 12,468.1 12,480.5 12,020.3 12,660.7 12,194.2 12,388.1 11,271.3 11,735.8 9,668.9 5,638.7 5,650.3 3,942.5 3,143.3 366.3 78.7 261 391
Cash Flow
Operating Cash Flow 1,697 1,499.4 1,581.6 1,284.7 1,499.2 1,204.5 1,585.8 1,747.4 1,582.3 1,632.2 878.2 862.2 494.8 220.2 171.8 232.4 180 199
Capital Expenditure (224.5) (356.8) (394.5) (217.6) (152) (111.9) (404.7) (162.7) (156) (184.7) (105.3) (100.8) (158.5) (33.7) (54.7) (29) (33) (20)
Free Cash Flow 1,472.5 1,142.6 1,187.1 1,067.1 1,347.2 1,092.6 1,181.1 1,584.7 1,426.3 1,447.5 772.9 761.4 336.3 186.5 117.1 203.4 147 179