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Companies / Health Care / Zimmer Biomet
ZBH

Zimmer Biomet

Health CareMedical InstrumentsS&P 500
Ticker ZBHWARSAW, INFiscal year ends DecemberBook value per share $64.97Diluted shares 194.3M

Zimmer Biomet Holdings, Inc. (NYSE: ZBH) designs, manufactures and markets medical technology for patients with disorders or injuries affecting bones, joints and supporting soft tissues. Its products include knee and hip implants, sports medicine and biologics products, extremities and trauma devices,… From the company’s description.

In fiscal 2025, Zimmer Biomet reported revenue of $8.23B, up 7.2% from fiscal 2024, and net income of $705.10M. Its operating margin was 13.3%, and operations generated $1.70B in cash. Over the twelve months to Jun 30, 2026, revenue was $8.51B.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-06-30
Sales & profitability
$8.23BFY2025
+7.2% year over year
Last 12 mo $8.51B
13.34%FY2025
−3.4 percentage points
Last 12 mo 14.16%
$705.10MFY2025
−22.1% year over year
Last 12 mo $807.00M
6.76%FY2025
−2 percentage points
Last 12 mo 6.39%
Cash & financing
$1.70BFY2025
+13.2% year over year
Last 12 mo $1.74B
$1.47BFY2025
+13.7% year over year
Last 12 mo $1.52B
0.59FY2025
Was 0.50× a year earlier
Last 12 mo 0.59
198.7MFY2025
−2.6% year over year
Last 12 mo 194.3M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What Zimmer Biomet does

In the company’s own words

Zimmer Biomet Holdings, Inc. (NYSE: ZBH) designs, manufactures and markets medical technology for patients with disorders or injuries affecting bones, joints and supporting soft tissues. Its products include knee and hip implants, sports medicine and biologics products, extremities and trauma devices, craniomaxillofacial and thoracic products, bone cement, surgical products, and digital and robotic technologies. The company’s customers include orthopedic and neurosurgeons, other medical specialists, hospitals and ambulatory surgery centers, distributors, dealers and healthcare purchasing organizations. Its product brands include Persona, NexGen, Oxford, Taperloc, G7 and JuggerKnot; its ROSA robots assist surgeons in knee, hip and shoulder procedures, while the ZBEdge platform connects digital and robotic technologies. Zimmer Biomet reports three operating segments: Americas, Europe, Middle East and Africa, and Asia Pacific. Its business traces back to Zimmer Manufacturing Company, founded in 1927; Zimmer Biomet became independent in 2001 and acquired Biomet in 2015. It employed approximately 17,000 people worldwide as of December 31, 2025. Its website is www.zimmerbiomet.com.

Company details
Sector
Health Care
Industry (SIC)
Medical Instruments
Headquarters
WARSAW, IN
Fiscal year end
December
CIK
1136869
SIC
3842

Financial performance, year by year

Fiscal 2013–2025 · USD
$-1.27B$1.40B$4.06B$6.73B$9.40B2013201420152016201720182019202020212022202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns Zimmer Biomet — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

630
funds hold it
2 of 35
superinvestors hold it
$9.30B
held by funds, at market
57.4%
of shares held by funds
12
bond issues held by funds

Superinvestors in Zimmer Biomet · what they did last quarter

Bill NygrenDECREASED -1.7%
Harris Associates (Oakmark)
1.5%of 13F portfolio
Mark HillmanDECREASED -3.2%
Hillman Capital Management
3.4%of 13F portfolio

Share of each manager’s reported 13F portfolio. Change is in shares held, since the previous quarter.

Largest fund holders · Zimmer Biomet’s weight in each

Dodge & Cox Stock Fund
DODGX · Dodge & Cox Funds
1.13%of fund net assets
VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.02%of fund net assets
Oakmark Fund
OAKMX · HARRIS ASSOCIATES INVESTMENT TRUST
2.01%of fund net assets
VANGUARD WINDSOR II FUND
VWNFX · VANGUARD WINDSOR FUNDS
—of fund net assets
VANGUARD 500 INDEX FUND
VOO · VANGUARD INDEX FUNDS
0.03%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Zimmer Biomet’s bonds, as funds hold them

Funds report holding 12 issues of Zimmer Biomet’s debt, $1.15B at market value — what funds hold, not the company’s total debt. Weighted-average coupon 4.63%, maturing 2026 to 2045.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Fund ownership is a subset of institutional 13F ownership — the two describe overlapping populations and must not be added together.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

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