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

Zimmer Biomet Holdings' (ZBH) quarterly Net Margin came in at 11.42% in Q1 2026, up 186.0% year-on-year from 3.99% in Q1 2025, and up 131.23% quarter-over-quarter from 36.56% in Q4 2025.

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

Zimmer Biomet Holdings' Net Margin history runs 18 years deep, the most recent figure standing at 11.42% for Q1 2026.

  • On a quarterly basis, Net Margin rose 186.0% year-over-year to 11.42% in Q1 2026; TTM through Mar 2026 was 2.35%, a 404.0% decrease from a year earlier, with the FY2025 full-year figure at 3.08%, changed N/A from the prior year.
  • Net Margin improved to 11.42% in Q1 2026 per ZBH's latest filing, from 36.56% in the prior quarter.
  • Across five years, Net Margin topped out at 21.63% in Q4 2023 and bottomed at 36.56% in Q4 2025.
  • The 5-year median for Net Margin is 10.39% (2023), against an average of 4.51%.
  • Across the five-year window, Net Margin surged 1624 bps in 2023 and slumped 4856 bps in 2024, its largest moves.
  • Year by year, Net Margin stood at 3.54% in 2022, then jumped by 712 bps to 21.63% in 2023, then plunged by 224 bps to 26.92% in 2024, then slumped by 36 bps to 36.56% in 2025, then jumped by 131 bps to 11.42% in 2026.
  • Per Business Quant, the three latest ZBH Net Margin figures stand at 11.42% (Q1 2026), 36.56% (Q4 2025), and 11.55% (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Margin (Qtr)
1 Abbott Laboratories 201.40 Bn 194.75 Bn 6.27 Bn 9.65%
2 Stryker 122.29 Bn 119.41 Bn 3.81 Bn 12.38%
3 Medtronic 105.01 Bn 96.40 Bn 6.41 Bn 12.84%
4 Boston Scientific 64.81 Bn 63.59 Bn 3.61 Bn 25.77%
5 Edwards Lifesciences 55.28 Bn 51.60 Bn 1.29 Bn -
6 Dexcom 29.06 Bn 27.94 Bn 750.30 Mn 16.74%
7 Koninklijke Philips 29.02 Bn 25.93 Bn 2.07 Bn 3.87%
8 GE HealthCare Technologies 28.27 Bn 26.20 Bn 1.98 Bn 8.01%
9 Smith & Nephew 25.80 Bn 25.22 Bn - -
10 Zimmer Biomet Holdings 17.48 Bn 17.07 Bn 1.51 Bn 11.42%

Historic Data

Download Data
DateValue
Mar 31, 2026 11.42%
Dec 31, 2025 -36.56%
Sep 30, 2025 11.55%
Jun 30, 2025 7.38%
Mar 31, 2025 9.56%
Dec 31, 2024 -26.92%
Sep 30, 2024 13.66%
Jun 30, 2024 12.52%
Mar 31, 2024 9.15%
Dec 31, 2023 21.63%
Sep 30, 2023 9.28%
Jun 30, 2023 11.23%
Mar 31, 2023 12.71%
Mar 31, 2022 -3.54%
Dec 31, 2021 -1.64%
Sep 30, 2021 -0.98%
Jun 30, 2021 -0.13%
Mar 31, 2021 0.29%
Dec 31, 2020 19.24%
Sep 30, 2020 12.76%