Zimmer Biomet Holdings annual operating margin
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Zimmer Biomet Holdings Operating Margin Growth & History (ZBH)
Zimmer Biomet Holdings's operating margin was 13.34% for fiscal 2025.
View full Zimmer Biomet Holdings company overviewZimmer Biomet Holdings annual operating margin history
| Fiscal year | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 13.34% | −3.40 pp |
| 2024 | 2024-12-31 | 16.74% | −0.54 pp |
| 2023 | 2023-12-31 | 17.28% | +7.25 pp |
| 2022 | 2022-12-31 | 10.03% | −2.57 pp |
| 2021 | 2021-12-31 | 12.60% | +11.24 pp |
| 2020 | 2020-12-31 | 1.36% | −12.89 pp |
| 2019 | 2019-12-31 | 14.25% | +13.82 pp |
| 2018 | 2018-12-31 | 0.43% | −9.82 pp |
| 2017 | 2017-12-31 | 10.24% | −0.46 pp |
| 2016 | 2016-12-31 | 10.71% | −11.01 pp |
| 2010 | 2010-12-31 | 21.72% | −3.15 pp |
| 2009 | 2009-12-31 | 24.88% | −1.57 pp |
| 2008 | 2008-12-31 | 26.45% | −2.48 pp |
| 2007 | 2007-12-31 | 28.93% | — |
Zimmer Biomet Holdings quarterly operating margin
Q2.08
Q3.08
Q1.09
Q2.09
Q3.09
Q4.09
Q1.10
Q2.10
Q3.10
Q4.10
Q1.11
Q3.17
Q1.18
Q2.18
Q3.18
Q4.18
Q1.19
Q2.19
Q3.19
Q4.19
Q1.20
Q2.20
Q3.20
Q4.20
Q1.21
Q2.21
Q3.21
Q4.21
Q1.22
Q2.22
Q3.22
Q4.22
Q1.23
Q2.23
Q3.23
Q4.23
Q1.24
Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | 14.98% | +0.54 pp |
| Q1 2026 | 2026-03-31 | 17.88% | +2.57 pp |
| Q4 2025 | 2025-12-31 | 6.89% | −12.34 pp |
| Q3 2025 | 2025-09-30 | 17.55% | +2.23 pp |
| Q2 2025 | 2025-06-30 | 14.44% | −3.65 pp |
| Q1 2025 | 2025-03-31 | 15.31% | +1.24 pp |
| Q4 2024 | 2024-12-31 | 19.23% | +0.97 pp |
| Q3 2024 | 2024-09-30 | 15.32% | +0.12 pp |
| Q2 2024 | 2024-06-30 | 18.09% | +0.46 pp |
| Q1 2024 | 2024-03-31 | 14.07% | −3.80 pp |
| Q4 2023 | 2023-12-31 | 18.26% | +19.81 pp |
| Q3 2023 | 2023-09-30 | 15.20% | +0.51 pp |
| Q2 2023 | 2023-06-30 | 17.63% | +1.86 pp |
| Q1 2023 | 2023-03-31 | 17.88% | +5.95 pp |
| Q4 2022 | 2022-12-31 | −1.55% | −9.08 pp |
| Q3 2022 | 2022-09-30 | 14.69% | +0.27 pp |
| Q2 2022 | 2022-06-30 | 15.76% | +3.02 pp |
| Q1 2022 | 2022-03-31 | 11.93% | −4.23 pp |
| Q4 2021 | 2021-12-31 | 7.53% | −27.11 pp |
| Q3 2021 | 2021-09-30 | 14.42% | −1.09 pp |
| Q2 2021 | 2021-06-30 | 12.75% | +26.75 pp |
| Q1 2021 | 2021-03-31 | 16.15% | +41.72 pp |
| Q4 2020 | 2020-12-31 | 34.64% | +18.79 pp |
| Q3 2020 | 2020-09-30 | 15.51% | +2.52 pp |
| Q2 2020 | 2020-06-30 | −14.00% | −24.30 pp |
| Q1 2020 | 2020-03-31 | −25.56% | −43.29 pp |
| Q4 2019 | 2019-12-31 | 15.84% | +54.01 pp |
| Q3 2019 | 2019-09-30 | 12.99% | +0.83 pp |
| Q2 2019 | 2019-06-30 | 10.29% | −4.45 pp |
| Q1 2019 | 2019-03-31 | 17.73% | +2.61 pp |
| Q4 2018 | 2018-12-31 | −38.17% | −49.82 pp |
| Q3 2018 | 2018-09-30 | 12.16% | −14.48 pp |
| Q2 2018 | 2018-06-30 | 14.74% | +3.91 pp |
| Q1 2018 | 2018-03-31 | 15.12% | −13.03 pp |
| Q3 2017 | 2017-09-30 | 11.65% | −9.92 pp |
| Q1 2011 | 2011-03-31 | 26.64% | −1.03 pp |
| Q4 2010 | 2010-12-31 | 10.83% | −10.71 pp |
| Q3 2010 | 2010-09-30 | 28.15% | +7.23 pp |
| Q2 2010 | 2010-06-30 | 21.57% | −7.51 pp |
| Q1 2010 | 2010-03-31 | 27.67% | −0.52 pp |
| Q4 2009 | 2009-12-31 | 21.54% | −0.55 pp |
| Q3 2009 | 2009-09-30 | 20.91% | −7.66 pp |
| Q2 2009 | 2009-06-30 | 29.07% | — |
| Q1 2009 | 2009-03-31 | 28.19% | — |
| Q3 2008 | 2008-09-30 | 22.09% | — |
| Q2 2008 | 2008-06-30 | 28.57% | — |
Zimmer Biomet Holdings operating margin trends
Over the last five reported fiscal years, Zimmer Biomet Holdings's operating margin increased from 1.36% to 13.34%, a change of +11.98 percentage points. The latest reported quarter, Q2 2026, shows 14.98%.
About the metric
What operating margin means
Operating margin measures the percentage of revenue left after operating costs and expenses. It shows how much operating profit a company generates from each dollar of revenue.
Calculation and source
How operating margin is calculated
TickerStat calculates operating margin as SEC-reported operating income divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Zimmer Biomet Holdings filings at SEC.gov ↗