Zimmer Biomet Holdings (ZBH) Gross Margin (2009 - 2026)
Zimmer Biomet Holdings (ZBH) reported Gross Margin of 70.81% for Q2 2026, down 0.68 percentage points from 71.49% a year earlier and down 1.58 percentage points from the prior quarter.
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Analysis
Zimmer Biomet Holdings (ZBH) Gross Margin (2009 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Zimmer Biomet Holdings' Gross Margin came in at 69.87%, down 1.18 percentage points year-over-year; for FY2025, it was 69.71%, down 1.76 percentage points from FY2024.
- Gross Margin has a five-year change of -0.52 percentage points (FY2020 to FY2025).
- By year, Gross Margin came in at 71.46% in FY2024 (-0.35 pp), 71.82% in FY2023 (+0.92 pp), 70.90% in FY2022 (-0.39 pp) and 71.29% in FY2021 (+1.06 pp).
- Five-year quarterly Gross Margin spans a low of 64.68% in Q4 2025 and a high of 72.88% in Q1 2024.
- Year over year, Gross Margin gained in three of the last eight quarters, with an average year-over-year change of -0.89 percentage points.
- The high point for year-over-year Gross Margin in five years was Q1 2023 (a gain of 2.71 percentage points); the low point was Q4 2021 (a drop of 13.73 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at 72.39% (Q1 2026), 64.68% (Q4 2025) and 72.05% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 249.71 Bn | 228.86 Bn | 4.88 Bn | 40.70% |
| 2 | Abbott Laboratories | 171.00 Bn | 142.08 Bn | 7.27 Bn | 57.71% |
| 3 | Danaher | 155.79 Bn | 139.61 Bn | 3.61 Bn | 57.64% |
| 4 | Intuitive Surgical | 143.91 Bn | 123.46 Bn | 1.96 Bn | 67.78% |
| 5 | Medtronic | 110.42 Bn | 76.29 Bn | 6.34 Bn | 64.99% |
| 6 | Stryker | 105.71 Bn | 91.82 Bn | 4.50 Bn | 68.27% |
| 7 | Boston Scientific | 63.26 Bn | 58.27 Bn | 3.85 Bn | 70.71% |
| 8 | Edwards Lifesciences | 49.80 Bn | 33.91 Bn | 1.35 Bn | 77.46% |
| 9 | Becton Dickinson | 48.78 Bn | 45.93 Bn | 2.32 Bn | 46.46% |
| 10 | Zimmer Biomet Holdings | 16.94 Bn | 14.23 Bn | 1.54 Bn | 70.81% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 70.81% |
| Mar 31, 2026 | 72.39% |
| Dec 31, 2025 | 64.68% |
| Sep 30, 2025 | 72.05% |
| Jun 30, 2025 | 71.49% |
| Mar 31, 2025 | 71.20% |
| Dec 31, 2024 | 71.00% |
| Sep 30, 2024 | 70.47% |
| Jun 30, 2024 | 71.49% |
| Mar 31, 2024 | 72.88% |
| Dec 31, 2023 | 72.23% |
| Sep 30, 2023 | 70.43% |
| Jun 30, 2023 | 71.89% |
| Mar 31, 2023 | 72.65% |
| Dec 31, 2022 | 71.49% |
| Sep 30, 2022 | 70.76% |
| Jun 30, 2022 | 71.32% |
| Mar 31, 2022 | 69.94% |
| Dec 31, 2021 | 69.81% |
| Sep 30, 2021 | 70.84% |
API Access
Zimmer Biomet Holdings Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=ZBH&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "ZBH", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=ZBH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();