Growth Metrics

Zimmer Biomet Holdings (ZBH) Operating Margin (2016 - 2026)

Zimmer Biomet Holdings has reported Operating Margin over the past 18 years, most recently at 17.88% for Q1 2026.

  • For Q1 2026, Operating Margin rose 257.0% year-over-year to 17.88%; the TTM value through Mar 2026 reached 14.02%, down 302.0%, while the annual FY2025 figure was 13.34%, 340.0% down from the prior year.
  • Operating Margin for Q1 2026 was 17.88% at Zimmer Biomet Holdings, up from 6.89% in the prior quarter.
  • Over five years, Operating Margin peaked at 19.23% in Q4 2024 and troughed at 1.55% in Q4 2022.
  • A 5-year average of 14.62% and a median of 15.32% in 2024 define the central range for Operating Margin.
  • Biggest five-year swings in Operating Margin: surged 1981bps in 2023 and later crashed -1234bps in 2025.
  • Year by year, Operating Margin stood at 1.55% in 2022, then skyrocketed by 1277bps to 18.26% in 2023, then grew by 5bps to 19.23% in 2024, then tumbled by -64bps to 6.89% in 2025, then surged by 160bps to 17.88% in 2026.
  • Business Quant data shows Operating Margin for ZBH at 17.88% in Q1 2026, 6.89% in Q4 2025, and 17.55% in Q3 2025.