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ZBH logoZimmer Biomet Holdings, Inc. (ZBH) Earnings History

Annual and quarterly earnings data from 1999 to 2025

TTM Net Income
$761M
Profitable
TTM EPS
$3.89
Diluted
YoY EPS Growth
-19.9%
Declining
Net Margin
8.6%
Profitability
Operating Margin16.5%
Gross Margin61.6%
ROE5.6%
ROA3.2%
Highest Annual Net Income$1.81B (2017)
Highest Quarterly EPS$6.16 (Q4 2017)
Consecutive Profitable Years5 years
Q1 2026
Net Income$238M
EPS$1.22
QoQ Growth+70.7%Excellent

Loading earnings history...

ZBH EPS Growth (CAGR)

Compound annual growth rate of diluted earnings per share

1-Year
-19.9%
Declining
3-Year
+47.8%
Excellent
5-Year
N/A
N/M
10-Year
+29.9%
Excellent

CAGR (Compound Annual Growth Rate) shows the annualized growth rate of EPS over the specified period. A higher CAGR indicates stronger earnings momentum.

ZBH Profitability Analysis

Margin trends over time

View revenue breakdown →
YearGross MarginOperating MarginNet Margin
202561.6%16.5%8.6%
202471.5%16.7%11.8%
202371.8%17.3%13.8%
202270.9%10.0%3.3%
202171.3%12.6%5.9%
Gross Margin = Gross Profit ÷ Revenue
Operating Margin = Operating Income ÷ Revenue
Net Margin = Net Income ÷ Revenue

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Zimmer Biomet Holdings, Inc. (ZBH) Earnings Overview

As of May 8, 2026, Zimmer Biomet Holdings, Inc. (ZBH) reported trailing twelve-month net income of $761M, reflecting -19.9% year-over-year growth. The company earned $3.89 per diluted share over the past four quarters, with a net profit margin of 8.6%.

Looking at the long-term picture, ZBH's historical earnings data spans multiple years. The company achieved its highest annual net income of $1.81B in fiscal 2017.

Zimmer Biomet Holdings, Inc. maintains positive profitability with a gross margin of 61.6%, operating margin of 16.5%, and net margin of 8.6%. The company continues to generate positive earnings from operations. View revenue history →

Compared to peers including SYK ($3.25B net income, 12.9% margin), BSX ($2.89B net income, 14.4% margin), MDT ($4.61B net income, 13.9% margin), ZBH has room to improve margins relative to the peer group. Compare ZBH vs SYK →

ZBH Earnings vs Peers

Earnings metrics vs comparable public companies

CompanyTTM Net IncomeTTM EPSNet MarginROEYoY GrowthCompare
ZBH logoZBHCurrent
$761M$3.898.6%5.6%-19.9%—
SYK logoSYK
$3.2B$8.4012.9%15.1%+8.2%
BSX logoBSX
$2.9B$1.9314.4%12.4%+55.2%
MDT logoMDT
$4.6B$3.5813.9%9.4%+30.8%
SNN logoSNN
$799M$1.8210.1%11.9%+53.2%
GMED logoGMED
$587M$4.2518.3%12.3%+422.7%
Best in group
Lowest in group

ZBH Historical Earnings Data (1999–2025)

27 years
Fiscal Year Net Income YoY % Operating Income EPS (Diluted) Net Margin Op. Margin
2025$705M-22.0%$1.36B$3.558.6%16.5%
2024$904M-11.7%$1.29B$4.4311.8%16.7%
2023$1.02B+342.5%$1.28B$4.8813.8%17.3%
2022$231M-42.4%$696M$1.103.3%10.0%
2021$402M+389.1%$860M$1.915.9%12.6%
2020-$139M-112.3%$83M$-0.67-2.3%1.4%
2019$1.13B+398.4%$1.14B$5.4714.2%14.3%
2018-$379M-120.9%$34M$-1.86-4.8%0.4%
2017$1.81B+492.9%$799M$9.0323.2%10.2%
2016$306M+108.1%$821M$1.504.0%10.7%

Full ZBH Stock Analysis

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ZBH — Frequently Asked Questions

Quick answers to the most common questions about buying ZBH stock.

Is ZBH growing earnings?

ZBH EPS fell to $3.89, with earnings declining -19.9%. This contrasts with the 5-year CAGR of N/A. TTM net income dropped to $761M.

What are ZBH's profit margins?

Zimmer Biomet Holdings, Inc. net margin is +8.6%, with operating margin at +16.5%. Margins sit within typical range for the sector.

How consistent are ZBH's earnings?

ZBH earnings data spans 1999-2025. The declining earnings trend is -19.9% YoY. Historical data enables comparison across business cycles.

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ZBH Earnings Over Time (2014–2025)

Net income and EPS trends