Zimmer Biomet Holdings Inc. (NYSE: ZBH)
Medical Devices Β· Warsaw, IN, United States Β· Founded 1927
- 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
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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.
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.
Zimmer was founded in 1927 in Warsaw, Indianaβthe "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.
| Market Capitalization | $22.0B |
| Annual Revenue | $8.23B |
| Net Income | $0.71B |
| Profit Margin | 9% |
| Revenue per Employee | $411500K |
| Stock Exchange | NYSE |
| Ticker Symbol | ZBH |
Financial data is approximate and based on most recent annual filings.
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.
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.
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.
| CEO | Ivan Tornos |
| Sector | Healthcare |
| Industry | Medical Devices |
| Founded | 1927 |
| HQ | Warsaw, IN |
| Country | United States |
| Website | zimmerbiomet.com |
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