Zimmer Biomet Holdings (ZBH) FCF Margin (2009 - 2026)

Zimmer Biomet Holdings' (ZBH) quarterly FCF Margin came in at 15.48% in Q1 2026, down 223.0% year-on-year from 12.59% in Q1 2025, and down 21.5% quarter-over-quarter from 19.73% in Q4 2025.

Zimmer Biomet Holdings (ZBH) FCF Margin (2009 - 2026) Analysis & Trends

Zimmer Biomet Holdings' FCF Margin history runs 18 years deep, the most recent figure standing at 15.48% for Q1 2026.

  • On a quarterly basis, FCF Margin fell 223.0% year-over-year to 15.48% in Q1 2026; TTM through Mar 2026 was 17.33%, a 164.0% decrease from a year earlier, with the FY2025 full-year figure at 17.89%, up 102.0% from the prior year.
  • FCF Margin eased to 15.48% in Q1 2026 per ZBH's latest filing, from 19.73% in the prior quarter.
  • Across five years, FCF Margin topped out at 27.09% in Q4 2023 and bottomed at 9.15% in Q1 2024.
  • The 5-year median for FCF Margin is 16.79% (2022), against an average of 17.13%.
  • Biggest YoY gain for FCF Margin was 1719 bps in 2023; the steepest drop was 973 bps in 2023.
  • Year by year, FCF Margin stood at 9.91% in 2022, then soared by 173 bps to 27.09% in 2023, then decreased by 17 bps to 22.48% in 2024, then fell by 12 bps to 19.73% in 2025, then fell by 22 bps to 15.48% in 2026.
  • Per Business Quant, the three latest ZBH FCF Margin figures stand at 15.48% (Q1 2026), 19.73% (Q4 2025), and 18.17% (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Margin (Qtr)
1 Abbott Laboratories 201.40 Bn 194.75 Bn 6.27 Bn 8.20%
2 Stryker 122.29 Bn 119.41 Bn 3.81 Bn 6.89%
3 Medtronic 105.01 Bn 96.40 Bn 6.41 Bn 21.26%
4 Boston Scientific 64.81 Bn 63.59 Bn 3.61 Bn 3.29%
5 Edwards Lifesciences 55.28 Bn 51.60 Bn 1.29 Bn -1.28%
6 Dexcom 29.06 Bn 27.94 Bn 750.30 Mn 37.67%
7 Koninklijke Philips 29.02 Bn 25.93 Bn 2.07 Bn 6.68%
8 GE HealthCare Technologies 28.27 Bn 26.20 Bn 1.98 Bn 2.18%
9 Smith & Nephew 25.80 Bn 25.22 Bn - -
10 Zimmer Biomet Holdings 17.48 Bn 17.07 Bn 1.51 Bn 15.48%

Historic Data

Download Data
DateValue
Mar 31, 2026 15.48%
Dec 31, 2025 19.73%
Sep 30, 2025 18.17%
Jun 30, 2025 15.79%
Mar 31, 2025 17.72%
Dec 31, 2024 22.48%
Sep 30, 2024 19.25%
Jun 30, 2024 16.31%
Mar 31, 2024 9.15%
Dec 31, 2023 27.09%
Sep 30, 2023 14.44%
Jun 30, 2023 13.40%
Mar 31, 2023 14.25%
Dec 31, 2022 9.91%
Sep 30, 2022 24.17%
Jun 30, 2022 17.10%
Mar 31, 2022 16.79%
Dec 31, 2021 16.23%
Sep 30, 2021 22.56%
Jun 30, 2021 22.37%