Zimmer Biomet Holdings (ZBH) Return on Invested Capital [ROIC] (2009 - 2026)
Zimmer Biomet Holdings (ZBH) reported Return on Invested Capital [ROIC] of 5.17% for Q2 2026, down 0.21 percentage points from 5.39% a year earlier but up 0.25 percentage points from the prior quarter.
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Analysis
Zimmer Biomet Holdings (ZBH) Return on Invested Capital [ROIC] (2009 - 2026) Analysis & Trends
For FY2025, Zimmer Biomet Holdings posted Return on Invested Capital [ROIC] of 4.79%, down 1.29 percentage points from FY2024.
- Return on Invested Capital [ROIC] has a five-year change of +4.76 percentage points (FY2020 to FY2025).
- By year, Return on Invested Capital [ROIC] came in at 6.08% in FY2024 (-0.73 pp), 6.81% in FY2023 (+4.13 pp), 2.68% in FY2022 (-1.16 pp) and 3.83% in FY2021 (+3.80 pp).
- Five-year quarterly Return on Invested Capital [ROIC] spans a low of 2.81% in Q4 2022 and a high of 6.77% in Q4 2023.
- Year over year, Return on Invested Capital [ROIC] has now declined in each of the last seven quarters, with an average year-over-year change of -0.41 percentage points over the last eight quarters.
- The high point for year-over-year Return on Invested Capital [ROIC] in five years was Q3 2021 (a gain of 5.56 percentage points); the low point was Q2 2022 (a drop of 2.01 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at 4.92% (Q1 2026), 4.53% (Q4 2025) and 5.14% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 266.22 Bn | 242.86 Bn | 5.13 Bn | 8.02% |
| 2 | Abbott Laboratories | 191.31 Bn | 165.77 Bn | 7.39 Bn | 5.70% |
| 3 | Danaher | 166.16 Bn | 145.82 Bn | 3.84 Bn | 5.83% |
| 4 | Intuitive Surgical | 155.98 Bn | 136.40 Bn | 2.08 Bn | - |
| 5 | Medtronic | 130.05 Bn | 96.18 Bn | 6.34 Bn | 11.69% |
| 6 | Stryker | 123.40 Bn | 109.59 Bn | 4.25 Bn | 9.95% |
| 7 | Boston Scientific | 64.81 Bn | 60.48 Bn | 3.43 Bn | 9.94% |
| 8 | Edwards Lifesciences | 59.87 Bn | 43.18 Bn | 1.35 Bn | 8.68% |
| 9 | Medline | 53.84 Bn | 50.96 Bn | 1.93 Bn | 4.29% |
| 10 | Zimmer Biomet Holdings | 20.31 Bn | 18.49 Bn | 1.47 Bn | 5.00% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 5.00% |
| Jun 30, 2026 | 5.17% |
| Mar 31, 2026 | 4.92% |
| Dec 31, 2025 | 4.53% |
| Sep 30, 2025 | 5.14% |
| Jun 30, 2025 | 5.39% |
| Mar 31, 2025 | 5.97% |
| Dec 31, 2024 | 5.99% |
| Sep 30, 2024 | 6.69% |
| Jun 30, 2024 | 6.55% |
| Mar 31, 2024 | 6.43% |
| Dec 31, 2023 | 6.77% |
| Sep 30, 2023 | 3.33% |
| Jun 30, 2023 | 3.69% |
| Mar 31, 2023 | 3.53% |
| Dec 31, 2022 | 2.81% |
| Sep 30, 2022 | 4.42% |
| Jun 30, 2022 | 3.86% |
| Mar 31, 2022 | 3.55% |
| Dec 31, 2021 | 3.84% |
API Access
Zimmer Biomet Holdings Return on Invested Capital [ROIC] 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=return-on-invested-capital-%5Broic%5D&ticker=ZBH&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "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=return-on-invested-capital-%5Broic%5D&ticker=ZBH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();