TTM
15.6%
YoY change
−0.20pp
Trough year (2018)
0.4%
Peak year (2006)
33.3%
Latest annual
16.5%
Operating Margin history chart for Zimmer Biomet Holdings (ZBH) from 1998 to 2025
Latest: 16.5%
Operating Margin change chart for Zimmer Biomet Holdings (ZBH) from 1998 to 2025
Latest: −0.20pp
Operating Margin history table for Zimmer Biomet Holdings (ZBH) from 1998 to 2025
| 2025 | 16.5% | -0.20pp | ||
| 2024 | 16.7% | -0.54pp | ||
| 2023 | 17.3% | +7.25pp | ||
| 2022 | 10.0% | -2.57pp | ||
| 2021 | 12.6% | +11.24pp | ||
| 2020 | 1.4% | -12.89pp | ||
| 2019 | 14.3% | +13.82pp | ||
| 2018 | 0.4% | -9.82pp | ||
| 2017 | 10.2% | -0.46pp | ||
| 2016 | 10.7% | +2.92pp | ||
| 2015 | 7.8% | -14.41pp | ||
| 2014 | 22.2% | -0.20pp | ||
| 2013 | 22.4% | -1.02pp | ||
| 2012 | 23.4% | +0.42pp | ||
| 2011 | 23.0% | +1.28pp | ||
| 2010 | 21.7% | -3.15pp | ||
| 2009 | 24.9% | -1.57pp | ||
| 2008 | 26.4% | -2.48pp | ||
| 2007 | 28.9% | -4.40pp | ||
| 2006 | 33.3% | +1.23pp | ||
| 2005 | 32.1% | +6.50pp | ||
| 2004 | 25.6% | +1.89pp | ||
| 2003 | 23.7% | -5.50pp | ||
| 2002 | 29.2% | +8.14pp | ||
| 2001 | 21.1% | -4.69pp | ||
| 2000 | 25.8% | +1.15pp | ||
| 1999 | 24.6% | +0.09pp | ||
| 1998 | 24.5% | — |
- 202516.5%-0.20pp
- 202416.7%-0.54pp
- 202317.3%+7.25pp
- 202210.0%-2.57pp
- 202112.6%+11.24pp
- 20201.4%-12.89pp
- 201914.3%+13.82pp
- 20180.4%-9.82pp
- 201710.2%-0.46pp
- 201610.7%+2.92pp
- 20157.8%-14.41pp
- 201422.2%-0.20pp
- 201322.4%-1.02pp
- 201223.4%+0.42pp
- 201123.0%+1.28pp
- 201021.7%-3.15pp
- 200924.9%-1.57pp
- 200826.4%-2.48pp
- 200728.9%-4.40pp
- 200633.3%+1.23pp
- 200532.1%+6.50pp
- 200425.6%+1.89pp
- 200323.7%-5.50pp
- 200229.2%+8.14pp
- 200121.1%-4.69pp
- 200025.8%+1.15pp
- 199924.6%+0.09pp
- 199824.5%—
Operating Margin values are taken from Zimmer Biomet Holdings's reported income statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
About Operating Margin at Zimmer Biomet Holdings (ZBH)
According to Zimmer Biomet Holdings's latest reported financial statements, the company's latest reported operating margin is 15.6%. Operating margin is operating income divided by revenue — the share of each sales dollar left after cost of goods sold and operating expenses (SG&A, R&D), but before interest and taxes. It isolates how profitable the core business is before financing and tax decisions, so it is comparable across companies with different capital structures.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
In 2025, Zimmer Biomet Holdings (ZBH) operating margin totalled 16.55% – contracted 0.2 percentage points year-over-year.
Across the available history, operating margin reached its high of 33.34% in 2006 and its low of 0.43% in 2018.
Zimmer Biomet Holdings Operating Margin by Year
Zimmer Biomet Holdings Operating Margin 2025: 16.5%
2025's operating margin for Zimmer Biomet Holdings came in at 16.55%, contracted 0.2 percentage points from 2024.
Zimmer Biomet Holdings Operating Margin 2024: 16.7%
Zimmer Biomet Holdings posted operating margin of 16.74% in 2024, contracted 0.5 percentage points from 2023.
Zimmer Biomet Holdings Operating Margin 2023: 17.3%
In 2023, Zimmer Biomet Holdings reported operating margin of 17.28%, expanded 7.2 percentage points from 2022.
Zimmer Biomet Holdings Operating Margin 2022: 10.0%
Zimmer Biomet Holdings operating margin in 2022 was 10.03%, contracted 2.6 percentage points from 2021.
Zimmer Biomet Holdings Operating Margin 2021: 12.6%
Zimmer Biomet Holdings operating margin in 2021 was 12.60%.
See more financial history for Zimmer Biomet Holdings (ZBH).
Sector peers by Operating Margin
Healthcare peers of Zimmer Biomet Holdings (ZBH), ranked by their latest operating margin
| 45.9% | |
| 45.3% | |
| 31.6% | |
| 27.6% | |
| 27.6% | |
| 26.4% | |
| 23.7% | |
| 4.2% |
- 45.9%
- 45.3%
- 31.6%
- 27.6%
- 27.6%
- 23.7%
Frequently asked questions
Zimmer Biomet Holdings (ZBH) Key Financials
Charts, filings, and peer comparison for every metric
Explore more
Deep-dives across the income statement, cash flow, capital return, and valuation