Zimmer Biomet Holdings annual debt-to-equity ratio
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Zimmer Biomet Holdings Debt-to-Equity Ratio Growth & History (ZBH)
Zimmer Biomet Holdings's debt-to-equity ratio was 0.61 for fiscal 2025.
View full Zimmer Biomet Holdings company overviewZimmer Biomet Holdings annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 0.61 | 0.09 | +18.05% |
| 2024 | 2024-12-31 | 0.52 | 0.03 | +7.09% |
| 2023 | 2023-12-31 | 0.48 | −0.01 | −1.95% |
| 2022 | 2022-12-31 | 0.49 | −0.09 | −15.61% |
| 2021 | 2021-12-31 | 0.58 | −0.10 | −15.20% |
| 2020 | 2020-12-31 | 0.69 | 0.00 | +0.55% |
| 2019 | 2019-12-31 | 0.68 | −0.11 | −13.69% |
| 2018 | 2018-12-31 | 0.79 | −0.07 | −8.24% |
| 2017 | 2017-12-31 | 0.86 | −0.30 | −25.67% |
| 2016 | 2016-12-31 | 1.16 | −0.00 | −0.01% |
| 2015 | 2015-12-31 | 1.16 | 0.95 | +434.27% |
| 2014 | 2014-12-31 | 0.22 | −0.05 | −18.07% |
| 2013 | 2013-12-31 | 0.27 | −0.05 | −14.50% |
| 2012 | 2012-12-31 | 0.31 | −0.00 | −0.48% |
| 2011 | 2011-12-31 | 0.31 | 0.11 | +57.76% |
| 2010 | 2010-12-31 | 0.20 | −0.00 | −1.04% |
| 2009 | 2009-12-31 | 0.20 | 0.12 | +145.58% |
| 2008 | 2008-12-31 | 0.08 | — | — |
Zimmer Biomet Holdings quarterly debt-to-equity ratio
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| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 0.59 | −0.01 | −2.01% |
| Q1 2026 | 2026-03-31 | 0.59 | 0.01 | +1.82% |
| Q4 2025 | 2025-12-31 | 0.61 | 0.09 | +18.05% |
| Q3 2025 | 2025-09-30 | 0.64 | 0.11 | +22.00% |
| Q2 2025 | 2025-06-30 | 0.60 | 0.15 | +32.02% |
| Q1 2025 | 2025-03-31 | 0.58 | 0.12 | +25.75% |
| Q4 2024 | 2024-12-31 | 0.52 | 0.03 | +7.09% |
| Q3 2024 | 2024-09-30 | 0.52 | 0.08 | +18.58% |
| Q2 2024 | 2024-06-30 | 0.46 | −0.00 | −0.61% |
| Q1 2024 | 2024-03-31 | 0.46 | −0.02 | −3.55% |
| Q4 2023 | 2023-12-31 | 0.48 | −0.01 | −1.95% |
| Q3 2023 | 2023-09-30 | 0.44 | −0.03 | −5.56% |
| Q2 2023 | 2023-06-30 | 0.46 | −0.03 | −6.94% |
| Q1 2023 | 2023-03-31 | 0.48 | −0.05 | −8.96% |
| Q4 2022 | 2022-12-31 | 0.49 | −0.09 | −15.61% |
| Q3 2022 | 2022-09-30 | 0.47 | −0.12 | −21.12% |
| Q2 2022 | 2022-06-30 | 0.50 | −0.13 | −21.17% |
| Q1 2022 | 2022-03-31 | 0.52 | −0.10 | −16.34% |
| Q4 2021 | 2021-12-31 | 0.58 | −0.10 | −15.20% |
| Q3 2021 | 2021-09-30 | 0.59 | −0.11 | −15.59% |
| Q2 2021 | 2021-06-30 | 0.63 | −0.08 | −10.83% |
| Q1 2021 | 2021-03-31 | 0.63 | −0.19 | −23.25% |
| Q4 2020 | 2020-12-31 | 0.69 | 0.00 | +0.55% |
| Q3 2020 | 2020-09-30 | 0.70 | −0.01 | −1.45% |
| Q2 2020 | 2020-06-30 | 0.70 | −0.06 | −8.42% |
| Q1 2020 | 2020-03-31 | 0.82 | 0.03 | +3.72% |
| Q4 2019 | 2019-12-31 | 0.68 | −0.11 | −13.69% |
| Q3 2019 | 2019-09-30 | 0.71 | −0.04 | −5.77% |
| Q2 2019 | 2019-06-30 | 0.77 | −0.02 | −2.63% |
| Q1 2019 | 2019-03-31 | 0.79 | −0.14 | −14.99% |
| Q4 2018 | 2018-12-31 | 0.79 | −0.07 | −8.24% |
| Q3 2018 | 2018-09-30 | 0.75 | −0.24 | −24.53% |
| Q2 2018 | 2018-06-30 | 0.79 | −0.25 | −24.00% |
| Q1 2018 | 2018-03-31 | 0.93 | −0.23 | −20.09% |
| Q4 2017 | 2017-12-31 | 0.86 | −0.30 | −25.67% |
| Q3 2017 | 2017-09-30 | 1.00 | −0.19 | −16.06% |
| Q2 2017 | 2017-06-30 | 1.04 | −0.12 | −10.05% |
| Q1 2017 | 2017-03-31 | 1.16 | 0.01 | +0.70% |
| Q4 2016 | 2016-12-31 | 1.16 | −0.00 | −0.01% |
| Q3 2016 | 2016-09-30 | 1.19 | −0.00 | −0.34% |
| Q2 2016 | 2016-06-30 | 1.16 | −0.04 | −2.98% |
| Q1 2016 | 2016-03-31 | 1.15 | −0.22 | −16.08% |
| Q4 2015 | 2015-12-31 | 1.16 | 0.95 | +434.27% |
| Q3 2015 | 2015-09-30 | 1.19 | 0.97 | +446.70% |
| Q2 2015 | 2015-06-30 | 1.19 | 0.93 | +355.29% |
| Q1 2015 | 2015-03-31 | 1.37 | 1.10 | +408.98% |
| Q4 2014 | 2014-12-31 | 0.22 | −0.05 | −18.07% |
| Q3 2014 | 2014-09-30 | 0.22 | −0.06 | −20.62% |
| Q2 2014 | 2014-06-30 | 0.26 | −0.03 | −8.79% |
| Q1 2014 | 2014-03-31 | 0.27 | −0.03 | −9.68% |
| Q4 2013 | 2013-12-31 | 0.27 | −0.05 | −14.50% |
| Q3 2013 | 2013-09-30 | 0.27 | −0.02 | −7.71% |
| Q2 2013 | 2013-06-30 | 0.29 | −0.02 | −5.40% |
| Q1 2013 | 2013-03-31 | 0.30 | −0.01 | −1.77% |
| Q4 2012 | 2012-12-31 | 0.31 | −0.00 | −0.48% |
| Q3 2012 | 2012-09-30 | 0.30 | 0.02 | +8.04% |
| Q2 2012 | 2012-06-30 | 0.30 | 0.11 | +58.97% |
| Q1 2012 | 2012-03-31 | 0.30 | 0.11 | +56.21% |
| Q4 2011 | 2011-12-31 | 0.31 | 0.11 | +57.76% |
| Q3 2011 | 2011-09-30 | 0.28 | 0.08 | +40.92% |
| Q2 2011 | 2011-06-30 | 0.19 | −0.01 | −3.27% |
| Q1 2011 | 2011-03-31 | 0.19 | −0.00 | −1.42% |
| Q4 2010 | 2010-12-31 | 0.20 | −0.00 | −1.04% |
| Q3 2010 | 2010-09-30 | 0.20 | — | — |
| Q2 2010 | 2010-06-30 | 0.20 | — | — |
| Q1 2010 | 2010-03-31 | 0.20 | — | — |
| Q4 2009 | 2009-12-31 | 0.20 | 0.12 | +145.58% |
| Q4 2008 | 2008-12-31 | 0.08 | — | — |
Zimmer Biomet Holdings debt-to-equity ratio trends
Over the last five fiscal years, Zimmer Biomet Holdings's debt-to-equity ratio decreased from 0.69 to 0.61, a change of −0.08. The latest reported quarter, Q2 2026, shows 0.59.
About the metric
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
Calculation and source
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by SEC-reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Zimmer Biomet Holdings source filings ↗