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Zimmer Biomet Holdings Inc. (NYSE: ZBH)

Medical Devices Β· Warsaw, IN, United States Β· Founded 1927

$22.0B
Market Cap
$8.23B
Revenue
20,000
Employees
$0.71B
Net Income
πŸ“Š Key Statistics for Zimmer Biomet Holdings Inc. (ZBH)
  • Market capitalization: $22.0 billion
  • Annual revenue: $8.23 billion
  • Net income: $0.71 billion
  • Employees: 20,000
  • Sector: Healthcare
  • Headquarters: Warsaw, United States
  • Founded: 1927

Source: Statvoo company profile for Zimmer Biomet Holdings Inc.. Browse all 500+ companies

πŸ“‹ About Zimmer Biomet Holdings Inc.

Zimmer Biomet is one of the world's largest orthopedic device companies, specializing in knee and hip replacement implants, spine surgery products, and sports medicine devices. The company holds leading market share in reconstructive joint replacement globally. Zimmer Biomet also develops robotic surgical platforms and digital surgery solutions to compete with Stryker's Mako system.

πŸ’° How Zimmer Biomet Holdings Inc. Makes Money

Zimmer Biomet earns revenue from the sale of orthopedic implants, surgical instruments, and robotic surgery systems to hospitals and ambulatory surgery centers. The implant business benefits from an aging population and rising rates of joint replacement procedures worldwide.

πŸ“œ Key Milestones

Zimmer was founded in 1927 in Warsaw, Indianaβ€”the "Orthopedic Capital of the World." The company merged with Biomet in 2015 in a $13.35 billion deal that created an orthopedic powerhouse but also triggered years of integration challenges. The spin-off of its spine and dental businesses as ZimVie in 2022 streamlined the portfolio.

πŸ“Š Financial Overview
Market Capitalization$22.0B
Annual Revenue$8.23B
Net Income$0.71B
Profit Margin9%
Revenue per Employee$411500K
Stock ExchangeNYSE
Ticker SymbolZBH

Financial data is approximate and based on most recent annual filings.

πŸ’‘ Did You Know?

Warsaw, Indiana, where Zimmer Biomet is headquartered, is home to multiple orthopedic companies and produces a disproportionate share of the world's joint implants. The company's ROSA robotic platform is used in both knee replacement and spine surgery.

πŸ“ Analyst Take

Zimmer Biomet has underperformed Stryker for years, and the Biomet integration was messier than promised. The ROSA robot is gaining traction, but the company needs to prove it can execute consistently before the market will close the valuation gap.

❓ Frequently Asked Questions

What is Zimmer Biomet Holdings Inc.'s revenue?

Zimmer Biomet Holdings Inc. generates approximately $8.23 billion in annual revenue.

How many employees does Zimmer Biomet Holdings Inc. have?

Zimmer Biomet Holdings Inc. employs approximately 20,000 people worldwide.

What is Zimmer Biomet Holdings Inc.'s market cap?

Zimmer Biomet Holdings Inc. (ZBH) has a market capitalization of approximately $22.0 billion on the NYSE.

When was Zimmer Biomet Holdings Inc. founded?

Zimmer Biomet Holdings Inc. was founded in 1927 and is headquartered in Warsaw, IN, United States.

Who is the CEO of Zimmer Biomet Holdings Inc.?

Ivan Tornos is the current CEO of Zimmer Biomet Holdings Inc..

What is Zimmer Biomet Holdings Inc.'s website?

Zimmer Biomet Holdings Inc.'s official website is zimmerbiomet.com.