Zimmer Biomet Holdings (ZBH) Invested Capital (2009 - 2026)
Zimmer Biomet Holdings' Invested Capital came in at $20.11 billion for Q2 2026, unchanged from $20.11 billion a year earlier and down 0.2% from the prior quarter.
Zimmer Biomet Holdings (ZBH) Invested Capital (2009 - 2026) Analysis & Trends
For FY2025, Zimmer Biomet Holdings' Invested Capital was $20.22 billion, up 8.3% from FY2024.
- Invested Capital has increased in each of the last three years, though with a five-year compound annual growth rate of -0.1% (FY2020 to FY2025).
- Going back by year, Invested Capital was $18.68 billion in FY2024 (+2.3%), $18.26 billion in FY2023 (+2.5%), $17.81 billion in FY2022 (-9.8%) and $19.74 billion in FY2021 (-2.9%).
- The five-year range for quarterly Invested Capital is $17.81 billion (Q4 2022) to $20.88 billion (Q3 2025).
- Year-over-year, Invested Capital increased in seven of the last eight quarters, with growth averaging 5.5%.
- The fastest year-over-year change in Invested Capital over five years came in Q3 2025 (growth of 10.9%), and the weakest in Q2 2022 (a decline of 11.2%).
- Business Quant data shows ZBH's Invested Capital at $20.15 billion (Q1 2026), $20.22 billion (Q4 2025) and $20.88 billion (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 266.22 Bn | 242.86 Bn | 5.13 Bn | 96.14 Bn |
| 2 | Abbott Laboratories | 191.31 Bn | 165.77 Bn | 7.39 Bn | 82.78 Bn |
| 3 | Danaher | 166.16 Bn | 145.82 Bn | 3.84 Bn | 80.12 Bn |
| 4 | Intuitive Surgical | 155.98 Bn | 136.40 Bn | 2.08 Bn | - |
| 5 | Medtronic | 130.05 Bn | 96.18 Bn | 6.34 Bn | 79.00 Bn |
| 6 | Stryker | 123.40 Bn | 109.59 Bn | 4.25 Bn | 38.39 Bn |
| 7 | Boston Scientific | 64.81 Bn | 60.48 Bn | 3.43 Bn | 37.83 Bn |
| 8 | Edwards Lifesciences | 59.87 Bn | 43.18 Bn | 1.35 Bn | 11.56 Bn |
| 9 | Medline | 53.84 Bn | 50.96 Bn | 1.93 Bn | 31.97 Bn |
| 10 | Zimmer Biomet Holdings | 20.31 Bn | 18.49 Bn | 1.47 Bn | 20.23 Bn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 20.23 Bn |
| Jun 30, 2026 | 20.11 Bn |
| Mar 31, 2026 | 20.15 Bn |
| Dec 31, 2025 | 20.22 Bn |
| Sep 30, 2025 | 20.88 Bn |
| Jun 30, 2025 | 20.11 Bn |
| Mar 31, 2025 | 19.58 Bn |
| Dec 31, 2024 | 18.68 Bn |
| Sep 30, 2024 | 18.83 Bn |
| Jun 30, 2024 | 18.58 Bn |
| Mar 31, 2024 | 18.40 Bn |
| Dec 31, 2023 | 18.26 Bn |
| Sep 30, 2023 | 18.00 Bn |
| Jun 30, 2023 | 18.09 Bn |
| Mar 31, 2023 | 17.95 Bn |
| Dec 31, 2022 | 17.81 Bn |
| Sep 30, 2022 | 17.97 Bn |
| Jun 30, 2022 | 18.15 Bn |
| Mar 31, 2022 | 18.32 Bn |
| Dec 31, 2021 | 19.74 Bn |
Zimmer Biomet Holdings Invested Capital 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=invested-capital&ticker=ZBH&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "invested-capital", "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=invested-capital&ticker=ZBH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();