ZBH - ZIMMER BIOMET HOLDINGS, INC.

📈 Is growth accelerating? 7 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Jun 30, 2021 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗	FY 2016 Dec 31, 2016 10-K ↗	FY 2015 Dec 31, 2015 10-K ↗	FY 2014 Dec 31, 2014 10-K ↗	FY 2013 Dec 31, 2013 10-K ↗	FY 2012 Dec 31, 2012 10-K ↗	FY 2011 Dec 31, 2011 10-K ↗	FY 2010 Dec 31, 2010 10-K ↗	FY 2009 Dec 31, 2009 10-K ↗	FY 2008 Dec 31, 2008 10-K ↗	FY 2007 Dec 31, 2007 10-K ↗	FY 2006 Dec 31, 2006 10-K ↗
Revenue Growth YoY (%)	7.2% Fair ↑ Fair Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-10%)	3.8% Caution ↑ Caution Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-52%)	6.5% Fair ↑ Fair Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-18%)	-11.4% Weak ↓ Weak Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-243%)	11.6% Good ↑ Good Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+44%)	-12.0% Weak ↓ Weak Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-250%)	0.6% Caution ↓ Caution Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-92%)	1.7% Caution ↓ Caution Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-79%)	1.6% Caution ↓ Caution Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-81%)	28.1% Excellent ↑ Excellent Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+251%)	28.3% Excellent ↑ Excellent Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+254%)	1.1% Caution ↓ Caution Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-87%)	3.4% Caution ↑ Caution Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-58%)	0.4% Caution ↓ Caution Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-94%)	5.5% Fair ↑ Fair Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-31%)	3.0% Caution ↑ Caution Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-62%)	-0.6% Weak Weak Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-108%)	5.7% Fair Fair Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-28%)	—	—
EPS Growth YoY (%)	-20.0% Weak ↓ Weak Declining Year-over-year change in earnings per share Optimal: > 10%	-9.4% Weak ↓ Weak Declining Year-over-year change in earnings per share Optimal: > 10%	346.4% Excellent Excellent Year-over-year change in earnings per share Optimal: > 10%	-43.0% Weak Weak Year-over-year change in earnings per share Optimal: > 10%	N/M	N/M	N/M	N/M	486.9% Excellent ↑ Excellent Improving Year-over-year change in earnings per share Optimal: > 10%	96.2% Excellent ↑ Excellent Improving Year-over-year change in earnings per share Optimal: > 10%	-81.7% Weak ↓ Weak Declining Year-over-year change in earnings per share Optimal: > 10%	-5.1% Weak ↓ Weak Declining Year-over-year change in earnings per share Optimal: > 10%	3.9% Caution ↓ Caution Declining Year-over-year change in earnings per share Optimal: > 10%	6.7% Fair ↑ Fair Improving Year-over-year change in earnings per share Optimal: > 10%	35.9% Excellent ↑ Excellent Improving Year-over-year change in earnings per share Optimal: > 10%	-10.8% Weak ↓ Weak Declining Year-over-year change in earnings per share Optimal: > 10%	-10.5% Weak Weak Year-over-year change in earnings per share Optimal: > 10%	13.7% Fair Fair Year-over-year change in earnings per share Optimal: > 10%	—	—
Net Income Growth YoY (%)	-22.0% Weak ↓ Weak Declining Year-over-year change in net income	-11.7% Weak ↓ Weak Declining Year-over-year change in net income	342.5% Excellent Excellent Year-over-year change in net income	-42.4% Weak Weak Year-over-year change in net income	N/M	N/M	N/M	N/M	492.9% Excellent ↑ Excellent Improving Year-over-year change in net income	108.1% Excellent ↑ Excellent Improving Year-over-year change in net income	-79.6% Weak ↓ Weak Declining Year-over-year change in net income	-5.3% Weak ↓ Weak Declining Year-over-year change in net income	0.8% Caution ↓ Caution Declining Year-over-year change in net income	-0.8% Weak ↑ Weak Improving Year-over-year change in net income	27.5% Excellent ↑ Excellent Improving Year-over-year change in net income	-16.8% Weak ↓ Weak Declining Year-over-year change in net income	-15.5% Weak Weak Year-over-year change in net income	9.8% Fair Fair Year-over-year change in net income	—	—
FCF Growth YoY (%)	16.6% Good Good Year-over-year change in free cash flow	—	—	—	21.2% Good ↑ Good Improving Year-over-year change in free cash flow	-21.9% Weak ↓ Weak Declining Year-over-year change in free cash flow	-13.7% Weak Weak Year-over-year change in free cash flow	10.2% Fair Fair Year-over-year change in free cash flow	—	—	—	—	-14.2% Weak ↓ Weak Declining Year-over-year change in free cash flow	4.6% Caution ↓ Caution Declining Year-over-year change in free cash flow	1.7% Caution ↓ Caution Declining Year-over-year change in free cash flow	18.3% Good ↑ Good Improving Year-over-year change in free cash flow	35.8% Excellent Excellent Year-over-year change in free cash flow	-8.4% Weak Weak Year-over-year change in free cash flow	—	—
Revenue CAGR 3Y (%)	5.9% Fair ↑ Fair Improving Compound annual revenue growth over 3 years	-0.7% Weak ↑ Weak Improving Compound annual revenue growth over 3 years	1.7% Weak ↑ Weak Improving Compound annual revenue growth over 3 years	-4.6% Weak ↓ Weak Declining Compound annual revenue growth over 3 years	-0.4% Weak ↓ Weak Declining Compound annual revenue growth over 3 years	-3.4% Weak ↓ Weak Declining Compound annual revenue growth over 3 years	1.3% Weak ↓ Weak Declining Compound annual revenue growth over 3 years	9.8% Fair ↓ Fair Declining Compound annual revenue growth over 3 years	18.6% Excellent ↑ Excellent Improving Compound annual revenue growth over 3 years	18.5% Excellent ↑ Excellent Improving Compound annual revenue growth over 3 years	10.3% Good ↑ Good Improving Compound annual revenue growth over 3 years	1.6% Weak ↓ Weak Declining Compound annual revenue growth over 3 years	3.1% Caution ↑ Caution Improving Compound annual revenue growth over 3 years	3.0% Caution ↑ Caution Improving Compound annual revenue growth over 3 years	2.6% Caution Caution Compound annual revenue growth over 3 years	2.7% Caution Caution Compound annual revenue growth over 3 years	—	—	—	—
Revenue CAGR 5Y (%)	3.2% Caution ↑ Caution Improving Compound annual revenue growth over 5 years	-0.8% Weak ↑ Weak Improving Compound annual revenue growth over 5 years	-1.4% Weak ↓ Weak Declining Compound annual revenue growth over 5 years	-2.3% Weak ↓ Weak Declining Compound annual revenue growth over 5 years	0.4% Weak ↓ Weak Declining Compound annual revenue growth over 5 years	3.2% Caution ↓ Caution Declining Compound annual revenue growth over 5 years	11.3% Good → Good Stable Compound annual revenue growth over 5 years	11.4% Good ↑ Good Improving Compound annual revenue growth over 5 years	11.8% Good ↑ Good Improving Compound annual revenue growth over 5 years	11.5% Good ↑ Good Improving Compound annual revenue growth over 5 years	7.3% Fair ↑ Fair Improving Compound annual revenue growth over 5 years	2.7% Caution → Caution Stable Compound annual revenue growth over 5 years	2.3% Caution Caution Compound annual revenue growth over 5 years	2.8% Caution Caution Compound annual revenue growth over 5 years	—	—	—	—	—	—
EPS CAGR 3Y (%)	47.9% Excellent ↑ Excellent Improving Compound annual EPS growth over 3 years	32.1% Excellent Excellent Compound annual EPS growth over 3 years	—	-41.6% Weak Weak Compound annual EPS growth over 3 years	—	—	53.4% Excellent ↑ Excellent Improving Compound annual EPS growth over 3 years	—	28.2% Excellent ↑ Excellent Improving Compound annual EPS growth over 3 years	-30.2% Weak ↓ Weak Declining Compound annual EPS growth over 3 years	-43.5% Weak ↓ Weak Declining Compound annual EPS growth over 3 years	1.7% Caution ↓ Caution Declining Compound annual EPS growth over 3 years	14.6% Good ↑ Good Improving Compound annual EPS growth over 3 years	9.0% Fair ↑ Fair Improving Compound annual EPS growth over 3 years	2.8% Caution Caution Compound annual EPS growth over 3 years	-3.1% Weak Weak Compound annual EPS growth over 3 years	—	—	—	—

💰 Are margins durable? 5 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Jun 30, 2021 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗	FY 2016 Dec 31, 2016 10-K ↗	FY 2015 Dec 31, 2015 10-K ↗	FY 2014 Dec 31, 2014 10-K ↗	FY 2013 Dec 31, 2013 10-K ↗	FY 2012 Dec 31, 2012 10-K ↗	FY 2011 Dec 31, 2011 10-K ↗	FY 2010 Dec 31, 2010 10-K ↗	FY 2009 Dec 31, 2009 10-K ↗	FY 2008 Dec 31, 2008 10-K ↗	FY 2007 Dec 31, 2007 10-K ↗	FY 2006 Dec 31, 2006 10-K ↗
Operating Margin (%) (%)	13.3% Fair ↓ Fair Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-11%)	16.7% Fair ↑ Fair Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+12%)	17.3% Fair ↑ Fair Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+15%)	10.0% Caution ↑ Caution Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-33%)	10.0% Caution ↑ Caution Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-34%)	-1.2% Weak ↓ Weak Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-108%)	14.3% Fair ↑ Fair Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: At sector avg	0.4% Weak ↓ Weak Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-97%)	10.2% Caution ↓ Caution Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-32%)	10.7% Caution ↓ Caution Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-28%)	7.8% Caution ↓ Caution Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-48%)	22.2% Good → Good Stable Operating income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+48%)	22.4% Good → Good Stable Operating income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+49%)	23.4% Good → Good Stable Operating income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+56%)	23.0% Good ↓ Good Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+53%)	21.7% Good ↓ Good Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+45%)	24.9% Good ↓ Good Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+66%)	26.4% Excellent Excellent Operating income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+76%)	28.9% Excellent Excellent Operating income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+93%)	—
Effective Tax Rate (%) (%)	15.1% Good → Good Stable Actual taxes paid relative to pre-tax income Optimal: 15-25%	12.7% Excellent ↑ Excellent Improving Actual taxes paid relative to pre-tax income Optimal: 15-25%	4.0% Excellent ↓ Excellent Declining Actual taxes paid relative to pre-tax income Optimal: 15-25%	27.8% Caution ↑ Caution Improving Actual taxes paid relative to pre-tax income Optimal: 15-25%	3.9% Excellent ↑ Excellent Improving Actual taxes paid relative to pre-tax income Optimal: 15-25%	49.9% Weak ↑ Weak Improving Actual taxes paid relative to pre-tax income Optimal: 15-25%	-24.9% Excellent ↑ Excellent Improving Actual taxes paid relative to pre-tax income Optimal: 15-25%	-39.9% Excellent ↑ Excellent Improving Actual taxes paid relative to pre-tax income Optimal: 15-25%	-290.3% Excellent ↓ Excellent Declining Actual taxes paid relative to pre-tax income Optimal: 15-25%	23.8% Fair ↑ Fair Improving Actual taxes paid relative to pre-tax income Optimal: 15-25%	4.6% Excellent Excellent Actual taxes paid relative to pre-tax income Optimal: 15-25%	23.4% Fair Fair Actual taxes paid relative to pre-tax income Optimal: 15-25%	—	—	—	—	—	—	—	—
Profit Margin (%) (%)	8.6% Caution ↓ Caution Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-29%)	11.8% Fair ↑ Fair Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: At sector avg	13.8% Fair ↑ Fair Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+15%)	3.3% Weak ↓ Weak Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-72%)	5.1% Caution ↑ Caution Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-57%)	-2.0% Weak ↓ Weak Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-116%)	14.2% Fair ↑ Fair Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+18%)	-4.8% Weak ↓ Weak Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-140%)	23.2% Excellent ↑ Excellent Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+94%)	4.0% Weak ↓ Weak Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-67%)	2.5% Weak ↓ Weak Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-80%)	15.4% Good ↓ Good Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+28%)	16.5% Good → Good Stable Net income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+37%)	16.9% Good → Good Stable Net income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+41%)	17.1% Good → Good Stable Net income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+42%)	14.1% Fair ↓ Fair Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+18%)	17.5% Good ↓ Good Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+46%)	20.6% Excellent Excellent Net income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+72%)	19.8% Good Good Net income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+65%)	—
FCF Margin (%) (%)	17.9% Good Good Free cash flow as a percentage of revenue Optimal: > 10%	16.9% Good Good Free cash flow as a percentage of revenue Optimal: > 10%	—	—	16.9% Good → Good Stable Free cash flow as a percentage of revenue Optimal: > 10%	15.5% Good ↓ Good Declining Free cash flow as a percentage of revenue Optimal: > 10%	17.3% Good ↓ Good Declining Free cash flow as a percentage of revenue Optimal: > 10%	20.0% Good Good Free cash flow as a percentage of revenue Optimal: > 10%	18.3% Good Good Free cash flow as a percentage of revenue Optimal: > 10%	—	—	—	18.7% Good ↓ Good Declining Free cash flow as a percentage of revenue Optimal: > 10%	23.2% Excellent ↓ Excellent Declining Free cash flow as a percentage of revenue Optimal: > 10%	23.9% Excellent → Excellent Stable Free cash flow as a percentage of revenue Optimal: > 10%	26.4% Excellent ↑ Excellent Improving Free cash flow as a percentage of revenue Optimal: > 10%	24.7% Excellent ↑ Excellent Improving Free cash flow as a percentage of revenue Optimal: > 10%	19.1% Good Good Free cash flow as a percentage of revenue Optimal: > 10%	22.9% Excellent Excellent Free cash flow as a percentage of revenue Optimal: > 10%	—
FCF / Net Income (x)	2.09x Excellent Excellent Free cash flow relative to reported net income Optimal: > 1x	1.43x Good Good Free cash flow relative to reported net income Optimal: > 1x	—	—	3.30x Excellent ↑ Excellent Improving Free cash flow relative to reported net income Optimal: > 1x	-7.83x Weak ↓ Weak Declining Free cash flow relative to reported net income Optimal: > 1x	1.22x Good ↑ Good Improving Free cash flow relative to reported net income Optimal: > 1x	-4.18x Weak Weak Free cash flow relative to reported net income Optimal: > 1x	0.79x Caution Caution Free cash flow relative to reported net income Optimal: > 1x	—	—	—	1.13x Fair ↓ Fair Declining Free cash flow relative to reported net income Optimal: > 1x	1.37x Good ↓ Good Declining Free cash flow relative to reported net income Optimal: > 1x	1.40x Good → Good Stable Free cash flow relative to reported net income Optimal: > 1x	1.87x Excellent ↑ Excellent Improving Free cash flow relative to reported net income Optimal: > 1x	1.41x Good ↑ Good Improving Free cash flow relative to reported net income Optimal: > 1x	0.93x Caution Caution Free cash flow relative to reported net income Optimal: > 1x	1.15x Fair Fair Free cash flow relative to reported net income Optimal: > 1x	—

🎯 Is capital allocation efficient? 3 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Jun 30, 2021 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗	FY 2016 Dec 31, 2016 10-K ↗	FY 2015 Dec 31, 2015 10-K ↗	FY 2014 Dec 31, 2014 10-K ↗	FY 2013 Dec 31, 2013 10-K ↗	FY 2012 Dec 31, 2012 10-K ↗	FY 2011 Dec 31, 2011 10-K ↗	FY 2010 Dec 31, 2010 10-K ↗	FY 2009 Dec 31, 2009 10-K ↗	FY 2008 Dec 31, 2008 10-K ↗	FY 2007 Dec 31, 2007 10-K ↗	FY 2006 Dec 31, 2006 10-K ↗
Return on Invested Capital (%)	4.7% Caution ↓ Caution Declining Return earned on debt + equity capital invested Optimal: > 10%	6.3% Caution ↑ Caution Improving Return earned on debt + equity capital invested Optimal: > 10%	7.1% Fair ↑ Fair Improving Return earned on debt + equity capital invested Optimal: > 10%	2.9% Weak ↓ Weak Declining Return earned on debt + equity capital invested Optimal: > 10%	4.1% Caution ↑ Caution Improving Return earned on debt + equity capital invested Optimal: > 10%	-0.4% Weak ↓ Weak Declining Return earned on debt + equity capital invested Optimal: > 10%	7.4% Fair ↑ Fair Improving Return earned on debt + equity capital invested Optimal: > 10%	0.2% Weak ↓ Weak Declining Return earned on debt + equity capital invested Optimal: > 10%	15.1% Excellent ↑ Excellent Improving Return earned on debt + equity capital invested Optimal: > 10%	3.1% Weak ↓ Weak Declining Return earned on debt + equity capital invested Optimal: > 10%	2.1% Weak ↓ Weak Declining Return earned on debt + equity capital invested Optimal: > 10%	10.0% Fair ↓ Fair Declining Return earned on debt + equity capital invested Optimal: > 10%	10.3% Good ↓ Good Declining Return earned on debt + equity capital invested Optimal: > 10%	10.9% Good ↓ Good Declining Return earned on debt + equity capital invested Optimal: > 10%	11.4% Good ↓ Good Declining Return earned on debt + equity capital invested Optimal: > 10%	10.5% Good ↓ Good Declining Return earned on debt + equity capital invested Optimal: > 10%	71.4% Excellent Excellent Return earned on debt + equity capital invested Optimal: > 10%	14.1% Good Good Return earned on debt + equity capital invested Optimal: > 10%	—	—
Return on Capital (%) (%)	4.8% Caution ↓ Caution Declining Operating profit relative to total assets Optimal: > 10%	6.0% Caution ↑ Caution Improving Operating profit relative to total assets Optimal: > 10%	5.9% Caution ↑ Caution Improving Operating profit relative to total assets Optimal: > 10%	3.3% Weak ↑ Weak Improving Operating profit relative to total assets Optimal: > 10%	3.3% Weak ↑ Weak Improving Operating profit relative to total assets Optimal: > 10%	-0.4% Weak ↓ Weak Declining Operating profit relative to total assets Optimal: > 10%	4.6% Caution ↑ Caution Improving Operating profit relative to total assets Optimal: > 10%	0.1% Weak ↓ Weak Declining Operating profit relative to total assets Optimal: > 10%	3.1% Weak ↓ Weak Declining Operating profit relative to total assets Optimal: > 10%	3.1% Weak ↓ Weak Declining Operating profit relative to total assets Optimal: > 10%	1.7% Weak ↓ Weak Declining Operating profit relative to total assets Optimal: > 10%	10.7% Good ↓ Good Declining Operating profit relative to total assets Optimal: > 10%	10.8% Good ↓ Good Declining Operating profit relative to total assets Optimal: > 10%	11.6% Good → Good Stable Operating profit relative to total assets Optimal: > 10%	12.0% Good ↓ Good Declining Operating profit relative to total assets Optimal: > 10%	11.5% Good ↓ Good Declining Operating profit relative to total assets Optimal: > 10%	13.1% Good Good Operating profit relative to total assets Optimal: > 10%	15.1% Excellent Excellent Operating profit relative to total assets Optimal: > 10%	—	—
Return on Common Equity (%) (%)	5.6% Caution → Caution Stable Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-63%)	7.2% Caution ↑ Caution Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-52%)	8.2% Caution ↑ Caution Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-45%)	1.9% Weak ↓ Weak Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-87%)	3.2% Weak ↑ Weak Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-79%)	-1.1% Weak ↓ Weak Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-108%)	9.1% Caution ↑ Caution Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-39%)	-3.4% Weak ↓ Weak Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-122%)	15.5% Good ↑ Good Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: At sector avg	3.2% Weak ↓ Weak Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-79%)	1.5% Weak ↓ Weak Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-90%)	11.0% Fair ↓ Fair Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-27%)	12.1% Fair → Fair Stable Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-19%)	12.9% Fair ↑ Fair Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-14%)	13.8% Fair ↑ Fair Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-8%)	10.3% Fair Fair Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-31%)	—	15.0% Good Good Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: At sector avg	—	—

⚖️ Is the balance sheet risky? 4 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Jun 30, 2021 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗	FY 2016 Dec 31, 2016 10-K ↗	FY 2015 Dec 31, 2015 10-K ↗	FY 2014 Dec 31, 2014 10-K ↗	FY 2013 Dec 31, 2013 10-K ↗	FY 2012 Dec 31, 2012 10-K ↗	FY 2011 Dec 31, 2011 10-K ↗	FY 2010 Dec 31, 2010 10-K ↗	FY 2009 Dec 31, 2009 10-K ↗	FY 2008 Dec 31, 2008 10-K ↗	FY 2007 Dec 31, 2007 10-K ↗	FY 2006 Dec 31, 2006 10-K ↗
Debt to Equity (x)	0.55x Good ↑ Good Improving Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-9%)	0.43x Good → Good Stable Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-29%)	0.39x Good ↑ Good Improving Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-35%)	0.43x Good ↑ Good Improving Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-29%)	0.43x Good → Good Stable Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-28%)	0.00x Excellent ↓ Excellent Declining Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-100%)	0.54x Good ↓ Good Declining Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-10%)	0.75x Fair ↓ Fair Declining Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Above avg (+24%)	0.76x Fair ↓ Fair Declining Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Above avg (+27%)	1.10x Caution ↑ Caution Improving Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Above avg (+84%)	1.16x Caution ↑ Caution Improving Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Above avg (+94%)	0.22x Excellent ↓ Excellent Declining Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-64%)	0.27x Excellent → Excellent Stable Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-56%)	0.31x Good ↑ Good Improving Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-48%)	0.31x Good ↑ Good Improving Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-48%)	0.20x Excellent Excellent Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-67%)	—	0.08x Excellent Excellent Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-86%)	—	—
Interest Coverage (x)	3.75x Fair ↓ Fair Declining Operating income divided by interest expense Optimal: > 5x	5.90x Good ↑ Good Improving Operating income divided by interest expense Optimal: > 5x	6.35x Good ↑ Good Improving Operating income divided by interest expense Optimal: > 5x	4.23x Fair ↑ Fair Improving Operating income divided by interest expense Optimal: > 5x	3.74x Fair ↑ Fair Improving Operating income divided by interest expense Optimal: > 5x	-0.41x Weak ↓ Weak Declining Operating income divided by interest expense Optimal: > 5x	5.01x Good ↑ Good Improving Operating income divided by interest expense Optimal: > 5x	0.12x Weak ↓ Weak Declining Operating income divided by interest expense Optimal: > 5x	2.46x Caution ↓ Caution Declining Operating income divided by interest expense Optimal: > 5x	2.31x Caution ↓ Caution Declining Operating income divided by interest expense Optimal: > 5x	1.63x Caution ↓ Caution Declining Operating income divided by interest expense Optimal: > 5x	16.44x Excellent → Excellent Stable Operating income divided by interest expense Optimal: > 5x	14.77x Excellent ↓ Excellent Declining Operating income divided by interest expense Optimal: > 5x	14.37x Excellent ↓ Excellent Declining Operating income divided by interest expense Optimal: > 5x	18.52x Excellent Excellent Operating income divided by interest expense Optimal: > 5x	15.23x Excellent Excellent Operating income divided by interest expense Optimal: > 5x	—	—	—	—
Net Debt (USD)	$6.34B	$4.82B	$4.45B	$4.78B	$4.99B	$-801.10M	$6.10B	$7.87B	$8.39B	$10.03B	$10.04B	$342.20M	$592.20M	$936.60M	$951.00M	$473.20M	$435.90M	$247.50M	$-463.90M	$-265.70M
Debt / EBITDA (x)	3.16x Caution ↑ Caution Improving Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	2.34x Fair ↓ Fair Declining Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	2.18x Fair ↑ Fair Improving Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	3.18x Caution ↑ Caution Improving Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	2.96x Fair ↓ Fair Declining Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	0.00x Excellent ↓ Excellent Declining Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	3.14x Caution ↓ Caution Declining Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	7.83x Weak ↑ Weak Improving Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	4.79x Weak ↓ Weak Declining Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	5.72x Weak ↑ Weak Improving Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	9.75x Weak ↑ Weak Improving Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	1.01x Good ↓ Good Declining Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	1.20x Good → Good Stable Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	1.29x Good ↑ Good Improving Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	1.24x Good ↑ Good Improving Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	0.91x Excellent ↑ Excellent Improving Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	0.83x Excellent Excellent Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	0.34x Excellent Excellent Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	—	—

📊 What does each share earn? 8 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Jun 30, 2021 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗	FY 2016 Dec 31, 2016 10-K ↗	FY 2015 Dec 31, 2015 10-K ↗	FY 2014 Dec 31, 2014 10-K ↗	FY 2013 Dec 31, 2013 10-K ↗	FY 2012 Dec 31, 2012 10-K ↗	FY 2011 Dec 31, 2011 10-K ↗	FY 2010 Dec 31, 2010 10-K ↗	FY 2009 Dec 31, 2009 10-K ↗	FY 2008 Dec 31, 2008 10-K ↗	FY 2007 Dec 31, 2007 10-K ↗	FY 2006 Dec 31, 2006 10-K ↗
Revenue per Share (USD)	$41.57	$37.81	$35.43	$33.11	$37.57	$33.93	$38.92	$38.98	$38.65	$38.42	$32.01	$27.65	$27.26	$25.57	$23.73	$21.10	$19.05	$18.13	$16.55	—
Basic EPS, GAAP (USD)	$3.56	$4.45	$4.91	$1.10	$1.93	$-0.67	$5.52	$-1.86	$8.98	$1.53	$0.78	$4.26	$4.49	$4.32	$4.05	$2.98	$3.34	$3.73	$3.28	—
Free Cash Flow per Share (USD)	$7.44	$6.38	—	—	$6.36	$5.25	$6.72	$7.79	$7.06	—	—	—	$5.09	$5.93	$5.67	$5.57	$4.71	$3.47	$3.79	—
Dividend per Share (USD)	$0.96	$0.96	$0.96	$0.96	$0.96	$0.96	$0.96	$0.96	$0.96	$0.96	$0.88	$0.88	$0.80	$0.54	$0.18	—	—	—	—	—
Book Value per Share (USD)	$64.13	$61.39	$59.80	$57.35	$60.69	$58.91	$60.40	$55.39	$58.13	$48.34	$52.76	$38.76	$37.13	$33.51	$29.36	$28.86	—	$24.86	—	—
Tangible Book Value per Share (USD)	$-9.93	$-5.32	$-5.72	$-7.75	$-13.57	$-19.92	$-21.79	$-29.52	$-36.09	$-48.80	$-46.92	$20.31	$17.56	$14.57	$11.10	$11.82	—	$8.81	—	—
Basic Weighted Avg Shares (shares)	198.00M	203.10M	208.70M	209.60M	208.60M	207.00M	205.10M	203.50M	201.90M	200.00M	187.40M	169.00M	169.60M	174.90M	187.60M	200.00M	215.00M	227.30M	235.50M	—
Dividend Payout Ratio (%)	27.0% Excellent ↓ Excellent Declining Dividends paid as a percentage of earnings Optimal: 30-60%	21.6% Excellent ↓ Excellent Declining Dividends paid as a percentage of earnings Optimal: 30-60%	19.6% Excellent ↑ Excellent Improving Dividends paid as a percentage of earnings Optimal: 30-60%	87.3% Caution ↑ Caution Improving Dividends paid as a percentage of earnings Optimal: 30-60%	49.7% Good ↑ Good Improving Dividends paid as a percentage of earnings Optimal: 30-60%	-143.3% Excellent ↓ Excellent Declining Dividends paid as a percentage of earnings Optimal: 30-60%	17.4% Excellent ↑ Excellent Improving Dividends paid as a percentage of earnings Optimal: 30-60%	-51.6% Excellent ↓ Excellent Declining Dividends paid as a percentage of earnings Optimal: 30-60%	10.7% Excellent ↓ Excellent Declining Dividends paid as a percentage of earnings Optimal: 30-60%	62.7% Fair ↑ Fair Improving Dividends paid as a percentage of earnings Optimal: 30-60%	112.8% Weak ↑ Weak Improving Dividends paid as a percentage of earnings Optimal: 30-60%	20.7% Excellent ↑ Excellent Improving Dividends paid as a percentage of earnings Optimal: 30-60%	17.8% Excellent ↑ Excellent Improving Dividends paid as a percentage of earnings Optimal: 30-60%	12.5% Excellent Excellent Dividends paid as a percentage of earnings Optimal: 30-60%	4.4% Excellent Excellent Dividends paid as a percentage of earnings Optimal: 30-60%	—	—	—	—	—

🏦 How resilient is the balance sheet? 3 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Jun 30, 2021 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗	FY 2016 Dec 31, 2016 10-K ↗	FY 2015 Dec 31, 2015 10-K ↗	FY 2014 Dec 31, 2014 10-K ↗	FY 2013 Dec 31, 2013 10-K ↗	FY 2012 Dec 31, 2012 10-K ↗	FY 2011 Dec 31, 2011 10-K ↗	FY 2010 Dec 31, 2010 10-K ↗	FY 2009 Dec 31, 2009 10-K ↗	FY 2008 Dec 31, 2008 10-K ↗	FY 2007 Dec 31, 2007 10-K ↗	FY 2006 Dec 31, 2006 10-K ↗
Working Capital (USD)	$2.54B	$2.22B	$1.75B	$2.07B	$1.42B	$2.53B	$1.28B	$2.01B	$1.50B	$2.28B	$4.24B	$3.29B	$3.17B	$2.84B	$2.41B	$2.31B	$2.05B	$1.41B	—	—
LT Debt (USD)	$6.93B	$5.34B	$4.87B	$5.15B	$5.46B	$1.00M	$6.72B	$8.41B	$8.92B	$10.67B	$11.50B	$1.43B	$1.67B	$1.72B	$1.58B	$1.14B	$1.13B	$460.10M	—	—
Total Equity (USD)	$12.70B	$12.47B	$12.48B	$12.02B	$12.66B	$12.19B	$12.39B	$11.27B	$11.74B	$9.67B	$9.89B	$6.55B	$6.30B	$5.86B	$5.51B	$5.77B	—	$5.65B	—	—

📋 What is driving earnings? 4 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Jun 30, 2021 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗	FY 2016 Dec 31, 2016 10-K ↗	FY 2015 Dec 31, 2015 10-K ↗	FY 2014 Dec 31, 2014 10-K ↗	FY 2013 Dec 31, 2013 10-K ↗	FY 2012 Dec 31, 2012 10-K ↗	FY 2011 Dec 31, 2011 10-K ↗	FY 2010 Dec 31, 2010 10-K ↗	FY 2009 Dec 31, 2009 10-K ↗	FY 2008 Dec 31, 2008 10-K ↗	FY 2007 Dec 31, 2007 10-K ↗	FY 2006 Dec 31, 2006 10-K ↗
Sales/Revenue/Turnover (USD)	$8.23B	$7.68B	$7.39B	$6.94B	$7.84B	$7.02B	$7.98B	$7.93B	$7.80B	$7.68B	$6.00B	$4.67B	$4.62B	$4.47B	$4.45B	$4.22B	$4.10B	$4.12B	$3.90B	—
Depreciation Expense (USD)	$1.09B	$996.30M	$951.70M	$926.40M	$1.07B	$1.03B	$1.01B	$1.04B	$1.06B	$1.04B	$712.40M	$375.80M	$358.50M	$363.10M	$359.90M	$340.20M	$337.40M	$275.10M	$230.00M	—
Net Income, GAAP (USD)	$705.10M	$903.80M	$1.02B	$231.40M	$401.60M	$-138.90M	$1.13B	$-379.20M	$1.81B	$305.90M	$147.00M	$720.30M	$761.00M	$755.00M	$760.80M	$596.90M	$717.40M	$848.60M	$773.20M	—
Operating Cash Flow (USD)	$1.70B	$1.50B	—	—	$1.50B	$1.20B	$1.59B	$1.75B	$1.58B	—	—	—	$963.10M	$1.15B	$1.18B	$1.19B	$1.12B	$1.04B	$1.08B	—

ZIMMER BIOMET HOLDINGS, INC.

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