ZIMMER BIOMET HOLDINGS, INC. (ZBH) closed fiscal year 2025 with a gross margin of 69.7 % and a net margin of 8.6 %.
ZIMMER BIOMET HOLDINGS, INC. (ZBH) closed fiscal year 2025 with a gross margin of 69.7 % and a net margin of 8.6 %. The same year shows an EBITDA margin of 26.6 % and an EBIT margin of 13.3 %. The free cash flow margin was 17.9 %. Against the previous year the gross margin moved −1.8 pp and the net margin −3.2 pp. Across the period the gross margin ranges between 68.9 % in 2016 and 77.5 % in 2007. The series covers 19 fiscal years, from 2007 to 2025. Margins are expressed as a percentage of net revenue and are derived from the same figures as the income statement, taken from as-reported SEC EDGAR filings, with no restatements or adjustments of our own.
Fiscal year end: December
| 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross margin (%) | 77.53 % | 75.80 % | 75.81 % | 76.02 % | 74.80 % | 74.84 % | 72.18 % | 73.26 % | 69.98 % | 68.94 % | 72.67 % | 71.36 % | 71.78 % | 70.23 % | 71.29 % | 70.90 % | 71.82 % | 71.46 % | 69.71 % |
| EBITDA margin (%) | 34.83 % | 33.12 % | 33.12 % | 29.78 % | 31.09 % | 31.54 % | 30.87 % | 30.24 % | 19.67 % | 24.26 % | 23.86 % | 13.54 % | 26.85 % | 16.02 % | 26.34 % | 23.38 % | 30.15 % | 29.72 % | 26.63 % |
| EBIT margin (%) | 28.93 % | 26.45 % | 24.88 % | 21.72 % | 23.00 % | 23.42 % | 23.11 % | 22.20 % | 7.79 % | 10.71 % | 10.24 % | 0.43 % | 14.25 % | 1.36 % | 12.60 % | 10.03 % | 17.28 % | 16.74 % | 13.34 % |
| Net margin (%) | 19.84 % | 20.59 % | 17.52 % | 14.14 % | 17.09 % | 16.88 % | 16.88 % | 15.41 % | 2.45 % | 3.99 % | 23.24 % | -4.78 % | 14.18 % | -2.27 % | 5.88 % | 3.33 % | 13.85 % | 11.77 % | 8.57 % |
| FCF margin (%) | 22.88 % | 19.12 % | 24.72 % | 26.40 % | 23.88 % | 23.19 % | 18.67 % | 19.59 % | 11.37 % | 18.88 % | 18.28 % | 19.98 % | 17.27 % | 17.83 % | 19.86 % | 15.80 % | 17.45 % | 16.87 % | 17.89 % |
