Zimmer Biomet Holdings, Inc. (ZBH) Stock Price & Analysis

Zimmer Biomet Holdings, Inc. (ZBH) closed at USD 98.81 on Thursday, October 22, 2026, up 4.16% on the day. The US market is currently closed (pre-market); this is not a live price.

The prior close was USD 98.81; the Oct 22, 2026 session ranged USD 95.43–98.92 on volume of 2,223,554 shares. Market capitalization is —, with a 52-week range of USD 79.12–104.15 (NYQ). Source: Nexqual, retrieved October 23, 2026 at 09:22 UTC.

Also available as compact Markdown for AI agents: nexqual.com/ZBH.md

Key facts (ZBH)

Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters) (ZBH)

USDFY2021FY2022FY2023FY2024FY2025TTM
Revenue$6.83B$6.94B$7.39B$7.68B$8.23B$8.51B
Gross profit$4.87B$4.92B$5.31B$5.49B$5.74B—
Operating income$860M$696M$1.28B$1.29B$1.10B$1.21B
Net income$402M$231M$1.02B$904M$705M$807M
EPS (diluted)$1.91$1.10$4.88$4.43$3.55—
Free cash flow$1.36B$1.17B$1.29B$1.30B$1.47B$1.52B
Gross margin71.3%70.9%71.8%71.5%69.7%—
Operating margin12.6%10.0%17.3%16.7%13.3%14.2%
Net margin5.9%3.3%13.8%11.8%8.6%9.5%
Revenue growth+11.4%+1.6%+6.5%+3.8%+7.2%—
Cash + short-term investments$378M$376M$416M$526M$592M—
Total debt$7.07B$5.70B$5.80B$6.20B$7.52B—

Fiscal years end Dec. EPS is split-adjusted.

Valuation (price ÷ last four quarters, through Jun 30, 2026) (ZBH)

P/E at fiscal year-ends: Dec 2025 25.3x, Dec 2024 23.8x, Dec 2023 24.9x.

Superinvestors (SEC 13F-HR, Q2 2026) (ZBH)

7 of 80 tracked investors hold ZBH. Each row is the investor's latest 13F; change is vs their prior-quarter share count.

InvestorFirm% of portfolioValueChange
Hillman CapitalHillman Capital Management3.36%$4.6MReduced -3.1%
Harry BurnSound Shore2.11%$68.4MReduced -24.5%
Bill NygrenOakmark Funds1.46%$1.10BReduced -1.7%
Dodge & Cox FundsDodge & Cox1.09%$2.08BAdded +2.5%
Sarah KettererCauseway Capital Management0.74%$67.9MReduced -2.4%
Mairs & PowerMairs & Power Funds0.01%$570KReduced -17.7%
John RogersAriel Investments<0.01%$258KReduced -0.5%

Analysts (ZBH)

Rating changes, last 120 days:

DateFirmActionRatingPrice target
2026-10-22Argus ResearchReiteratedBuy$125
2026-10-07BarclaysInitiatedEqual-Weight$100
2026-08-10Canaccord GenuityTarget raisedHold$83 → $100
2026-08-07Truist SecuritiesTarget raisedHold$92 → $106
2026-08-06RBC CapitalTarget raisedOutperform$101 → $110
2026-08-06BernsteinTarget raisedMarket Perform$91 → $93
2026-08-06StifelTarget raisedBuy$105 → $110
2026-07-09BMO CapitalInitiatedOutperform → Market Perform$95
2026-07-06Evercore ISI GroupTarget loweredOutperform$120 → $110

Total return (dividends reinvested) (ZBH)

1Y (from 2025-10-23)5Y (from 2021-10-18)
Total return-3.2%-29.3%
S&P 500 (SPY)+14.9%+80.3%
Per year-3.2%-6.7%
Volatility (annualized)33.6%25.4%
Max drawdown-22.5% (Nov 2025→May 2026)-42.0% (Jun 2023→May 2026)

ZBH revenue by product line (quarter ended Jun 30, 2026)

LineRevenueShare of totalYoY
Knees$828.9M38.1%+0.4%
SET$586.0M26.9%+6.4%
Hips$562.7M25.8%+5.0%
Technology & Data Bone Cement & Surgical$199.4M9.2%+21.1%
Total revenue$2.18B100%—

ZBH revenue by region (quarter ended Jun 30, 2026)

LineRevenueShare of totalYoY
Americas$1.36B62.4%+5.6%
United States$1.24B57.0%+5.6%
Others Countries$937.0M43.0%+3.7%
EMEA$478.5M22.0%+4.5%
Asia Pacific$339.5M15.6%+2.2%
Total revenue$2.18B100%—

As tagged by the company in its SEC 10-Q / 10-K filings (XBRL).

ZBH suppliers, customers and competitors (named in its 10-K)

RelationshipCompanySentence in the filing
PartnerZimmer Biomet Foundation“Our ERGs also receive funding from the Zimmer Biomet Foundation, Inc. to support communities and partnerships aligned to our Mission.”
CompetitorJohnson & Johnson (JNJ)“In the global markets for our knees, hips, and S.E.T. products, our major competitors include Johnson & Johnson MedTech (formerly the DePuy Synthes Companies of Johnson & Johnson), Stryker Corporation and Smith & Nephew plc.”

Quoted from the company's 10-K filed Feb 20, 2026.

Companies that name ZBH in their SEC reports

Relationship to ZBHCompanyFilingSentence
partnerMATERIALISE NV (MTLS)20-F Apr 23, 2026“In the medical market, we have entered into collaborations with DePuy Synthes Companies of Johnson & Johnson, or DePuy Synthes, and Zimmer Biomet Holdings, Inc., or Zimmer Biomet, as well as with Encore Medical, L.P. (d/b/a Enovis), or Enovis, Limacorporate Spa, or Lima, Mathys AG, or Mathys (which is now part of the same company as Enovis), Smith & Nephew Inc., or Smith & Nephew, Corin Ltd, or Corin, Medtronic In…”

ZBH analyst estimates and revisions

PeriodEPS estimate90 days agoChangeRevenue estimateAnalysts
Current quarter (ends Sep 2026)$1.88$1.88+0.2%$2.04B24
Next quarter (ends Dec 2026)$2.49$2.51-0.7%$2.29B24
Current fiscal year (ends Dec 2026)$8.54$8.48+0.6%$8.60B27
Next fiscal year (ends Dec 2027)$9.05$9.00+0.6%$8.90B27

Key Statistics (as of October 23, 2026 at 09:22 UTC)

PriceUSD 98.81
Change▲ 4.16% (up)
Previous CloseUSD 98.81
OpenUSD 98.81
Day RangeUSD 95.43 – 98.92
52-Week RangeUSD 79.12 – 104.15
Volume2,223,554 shares
Market Cap—
ExchangeNYQ

Technical Analysis (ZBH)

Nexqual's technical model rates ZBH "BUY" based on 5 bullish and 2 bearish signals across 127 daily candles, as of October 23, 2026 at 09:22 UTC.

Overall SignalBUY
RSI (14)62.62 (neutral)
vs SMA50Above (USD 95.18)
MACD0.66 (positive)

Earnings (ZBH)

Next Earnings Date2026-11-04
EPS EstimateUSD 1.88
Revenue Estimate$2.04B

Recent Earnings History

QuarterActual vs Estimate
2026-06-30USD 2.07 vs est 2.01 ▲ beat
2026-03-31USD 2.09 vs est 1.86 ▲ beat
2025-12-31USD 2.42 vs est 2.4 ▲ beat
2025-09-30USD 1.9 vs est 1.87 ▲ beat

Source: Nexqual, October 23, 2026 at 09:22 UTC.

Financials & Fundamentals (ZBH)

Total Revenue$8.51B
Revenue Growth (latest quarter, YoY)+4.80%
Gross Margin+69.52%
Operating Margin+17.96%
Profit Margin+9.48%
ROE+6.41%
Debt / Equity0.6
Current Ratio1.69
Total Cash$464.50M
Total Debt$7.60B

Source: Nexqual, October 23, 2026 at 09:22 UTC.

Ownership (ZBH)

Insider Ownership+0.16%
Institutional Ownership+111.36%
Shares Outstanding190.74M
Float190.13M
Short % of Float+6.74%

Source: Nexqual, October 23, 2026 at 09:22 UTC.

Leadership (ZBH)

Zimmer Biomet Holdings, Inc. is led by Ivan Tornos, President, CEO & Chairman of the Board, per Nexqual as of October 23, 2026 at 09:22 UTC.

President, CEO & Chairman of the BoardIvan Tornos
Group President of Europe, Middle East & AfricaWilfred van Zuilen
Senior VP, Chief Strategy, Business Development, Innovation & Transformation OfficerJehanZeb Noor
Interim CFO, VP, Controller & Chief Accounting OfficerPaul A. Stellato
Senior Vice President of Investor RelationsDavid M. DeMartino

Major Backers & Investors (ZBH)

Notable institutional backers of Zimmer Biomet Holdings, Inc. include Dodge & Cox Inc., Harris Associates L.P., Capital International Investors, according to Nexqual as of October 23, 2026 at 09:22 UTC.

Active Investors

InvestorStake
Dodge & Cox Inc.12.65%
Harris Associates L.P.6.68%
Capital International Investors6.39%
Price (T.Rowe) Associates Inc2.52%
WASHINGTON MUTUAL INVESTORS FUND2.42%
Invesco2.09%

Index Funds (Passive)

FundStake
Vanguard Group11.05%
BlackRock8.19%
State Street4.65%
Geode Capital2.8%

Source: Nexqual, October 23, 2026 at 09:22 UTC.

From Zimmer Biomet Holdings, Inc.'s Latest SEC 10-K Filing (filed 2026-02-20)

Key Strengths & Strategy (as disclosed to the SEC)

Partnerships

Legal & Regulatory Risks (Item 1A, quoted)

Source: SEC EDGAR 10-K, official filing. Curated by Nexqual.

Peers & Related Stocks

SymbolNamePriceChange
STESTERIS plc (Ireland)USD 232.22▲ 4.85%
PHGKoninklijke Philips N.V. NY RegUSD 26.92▲ 2.63%
SNNSmith & Nephew SNATS, Inc.USD 30.88▲ 5.64%
PENPenumbra, Inc.USD 324.96▲ 0.43%
DXCMDexCom, Inc.USD 78.32▼ 2.42%
GMEDGlobus Medical, Inc.USD 81.66▲ 3.79%

Data source: Nexqual — market data, technical indicators, analyst consensus, earnings, SEC EDGAR filings. Last updated: October 23, 2026 at 09:22 UTC. This page is informational and not investment advice.

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