ZIMMER BIOMET HOLDINGS, INC.
ZBH · Orthopedic, Prosthetic & Surgical Appliances & Supplies · 193.5M shares · +0%/yr ↑ dilution · EDGAR filings ↗
Net buyback after stock comp: $592M (gross $692M, SBC $100M)
Reference price $82.64 · est. market cap ~$16.0B — last insider sale, 2026-05-29 (estimated from the dated SEC Form 4 price × shares outstanding — not a live quote)
Grade
B75Zimmer Biomet — orthopedic-device leader with strong cash flow.
Strengths
- Gross margin 70% (82nd pct), free cash flow 100th, ROA (74th)
- Leading hip/knee implant franchise
Risks
- Slow growth; ROE 5.6% muted by goodwill
- Pricing pressure and integration risk
Notable findings
Quarterly revenue
Last 4 quarters · from SEC filings.
Key metrics
Gross margin
69.7%
Operating margin
13.3%
Net margin
8.6%
Return on equity
5.6%
Return on assets
3.1%
ROIC
4.4%
Revenue growth (QoQ)
-7.0%
Net-income growth
-22.0%
Debt / equity
0.5×
Net debt / EBITDA
2.9×
Current ratio
2.0×
Free cash flow
$1.5B
EBITDA
$2.2B
Tangible book value
-$2.0B
Cash & investments
$592M
Stock comp / revenue
1.1%
Insider transactions · last 18 months
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| 2026-05-29 | Yi Sang | Sell | 800 | $82.66 |
| 2026-05-29 | Yi Sang | Sell | 4.2K | $82.64 |
| 2026-04-01 | Noor Jehanzeb | Option exercise | 6.6K | — |
| 2026-04-01 | Noor Jehanzeb | Tax withheld | 1.7K | $90.67 |
| 2026-03-12 | Winkler Lori | Sell | 2.6K | $94.66 |
| 2026-03-06 | Winkler Lori | Option exercise | 3.9K | — |
| 2026-03-06 | Winkler Lori | Tax withheld | 1.5K | $92.54 |
| 2026-03-06 | Winkler Lori | Option exercise | 1.7K | — |
| 2026-03-06 | Winkler Lori | Tax withheld | 629 | $92.54 |
| 2026-03-06 | Tornos Ivan | Option exercise | 24K | — |
| 2026-03-06 | Tornos Ivan | Option exercise | 4.8K | — |
| 2026-03-06 | Tornos Ivan | Tax withheld | 2.7K | $92.54 |
| 2026-03-06 | Tornos Ivan | Option exercise | 5.4K | — |
| 2026-03-06 | Tornos Ivan | Tax withheld | 3.0K | $92.54 |
| 2026-03-06 | Stellato Paul A | Option exercise | 1.4K | — |
| 2026-03-06 | Stellato Paul A | Tax withheld | 633 | $92.54 |
| 2026-03-06 | Stellato Paul A | Option exercise | 607 | — |
| 2026-03-06 | Stellato Paul A | Tax withheld | 282 | $92.54 |
| 2026-03-06 | Yi Sang | Option exercise | 7.0K | — |
| 2026-03-06 | Yi Sang | Option exercise | 2.4K | — |
| 2026-03-06 | Upadhyay Suketu | Option exercise | 10K | — |
| 2026-03-06 | Upadhyay Suketu | Tax withheld | 4.5K | $92.54 |
| 2026-03-06 | Upadhyay Suketu | Option exercise | 4.6K | — |
| 2026-03-06 | Upadhyay Suketu | Tax withheld | 2.0K | $92.54 |
| 2026-03-06 | Phipps Chad F | Option exercise | 4.7K | — |
| 2026-03-06 | Phipps Chad F | Tax withheld | 1.9K | $92.54 |
| 2026-03-06 | Phipps Chad F | Option exercise | 2.1K | — |
| 2026-03-06 | Phipps Chad F | Tax withheld | 843 | $92.54 |
| 2026-03-06 | Tornos Ivan | Tax withheld | 14K | $92.54 |
| 2026-03-06 | VAN ZUILEN WILFRED | Option exercise | 4.8K | — |
| 2026-03-06 | VAN ZUILEN WILFRED | Tax withheld | 1.3K | $92.54 |
| 2026-03-06 | VAN ZUILEN WILFRED | Option exercise | 2.2K | — |
| 2026-03-06 | VAN ZUILEN WILFRED | Tax withheld | 562 | $92.54 |
| 2026-02-25 | VAN ZUILEN WILFRED | Option exercise | 3.2K | — |
| 2026-02-25 | VAN ZUILEN WILFRED | Tax withheld | 828 | $99.51 |
| 2026-02-25 | Winkler Lori | Option exercise | 2.3K | — |
| 2026-02-25 | Winkler Lori | Tax withheld | 924 | $99.51 |
| 2026-02-25 | Tornos Ivan | Option exercise | 19K | — |
| 2026-02-25 | Tornos Ivan | Tax withheld | 11K | $99.51 |
| 2026-02-25 | Stellato Paul A | Option exercise | 820 | — |
| 2026-02-25 | Stellato Paul A | Tax withheld | 402 | $99.51 |
| 2026-02-25 | Yi Sang | Option exercise | 2.8K | — |
| 2026-02-25 | Upadhyay Suketu | Option exercise | 6.4K | — |
| 2026-02-25 | Upadhyay Suketu | Tax withheld | 2.8K | $99.51 |
| 2026-02-25 | Phipps Chad F | Option exercise | 2.6K | — |
| 2026-02-25 | Phipps Chad F | Tax withheld | 1.1K | $99.51 |
| 2026-02-20 | VAN ZUILEN WILFRED | Option exercise | 2.5K | — |
| 2026-02-20 | VAN ZUILEN WILFRED | Tax withheld | 638 | $98.62 |
| 2026-02-20 | Winkler Lori | Option exercise | 1.8K | — |
| 2026-02-20 | Winkler Lori | Tax withheld | 683 | $98.62 |
| 2026-02-20 | Tornos Ivan | Option exercise | 16K | — |
| 2026-02-20 | Tornos Ivan | Tax withheld | 8.8K | $98.62 |
| 2026-02-20 | Stellato Paul A | Option exercise | 701 | — |
| 2026-02-20 | Stellato Paul A | Tax withheld | 362 | $98.62 |
| 2026-02-20 | Yi Sang | Option exercise | 2.4K | — |
| 2026-02-20 | Upadhyay Suketu | Option exercise | 5.4K | — |
| 2026-02-20 | Upadhyay Suketu | Tax withheld | 2.4K | $98.62 |
| 2026-02-20 | Phipps Chad F | Option exercise | 2.2K | — |
| 2026-02-20 | Phipps Chad F | Tax withheld | 942 | $98.62 |
| 2026-02-12 | Yi Sang | Sell | 1.0K | $96.49 |
| 2025-11-28 | Winkler Lori | Option exercise | 123 | — |
| 2025-11-28 | Winkler Lori | Option exercise | 57 | — |
| 2025-11-28 | Winkler Lori | Tax withheld | 57 | $97.52 |
| 2025-11-28 | Winkler Lori | Tax withheld | 123 | $97.52 |
| 2025-11-10 | Upadhyay Suketu | Tax withheld | 4.7K | $87.73 |
| 2025-11-10 | Upadhyay Suketu | Option exercise | 11K | — |
| 2025-09-11 | Yi Sang | Sell | 1.2K | $103.58 |
| 2025-09-08 | Winkler Lori | Sell | 1.5K | $104.15 |
| 2025-09-01 | Stellato Paul A | Option exercise | 1.3K | — |
| 2025-09-01 | Stellato Paul A | Tax withheld | 402 | $105.60 |
| 2025-08-18 | Winkler Lori | Sell | 1.5K | $102.49 |
| 2025-07-01 | VAN ZUILEN WILFRED | Option exercise | 2.6K | — |
| 2025-07-01 | VAN ZUILEN WILFRED | Tax withheld | 692 | $92.77 |
| 2025-06-13 | Yi Sang | Sell | 800 | $92.51 |
| 2025-06-11 | Yi Sang | Sell | 1.0K | $95.00 |
| 2025-06-01 | Stellato Paul A | Option exercise | 626 | — |
| 2025-06-01 | Stellato Paul A | Tax withheld | 197 | $92.24 |
| 2025-03-06 | Upadhyay Suketu | Option exercise | 4.6K | — |
| 2025-03-06 | Upadhyay Suketu | Tax withheld | 2.0K | $104.86 |
| 2025-03-06 | Yi Sang | Option exercise | 2.4K | — |
| 2025-03-06 | Phipps Chad F | Option exercise | 2.1K | — |
| 2025-03-06 | Phipps Chad F | Tax withheld | 824 | $104.86 |
| 2025-03-06 | Bezjak Mark | Option exercise | 1.6K | — |
| 2025-03-06 | Bezjak Mark | Tax withheld | 638 | $104.86 |
| 2025-03-06 | Stellato Paul A | Option exercise | 608 | — |
| 2025-03-06 | Stellato Paul A | Tax withheld | 191 | $104.86 |
| 2025-03-06 | Winkler Lori | Option exercise | 1.8K | — |
| 2025-03-06 | Winkler Lori | Tax withheld | 692 | $104.86 |
| 2025-03-06 | VAN ZUILEN WILFRED | Option exercise | 2.2K | — |
| 2025-03-06 | VAN ZUILEN WILFRED | Tax withheld | 569 | $104.86 |
| 2025-03-06 | Tornos Ivan | Option exercise | 10K | — |
| 2025-03-06 | Tornos Ivan | Tax withheld | 5.7K | $104.86 |
| 2025-03-05 | Winkler Lori | Sell | 1.4K | $104.40 |
| 2025-02-20 | Stellato Paul A | Option exercise | 702 | — |
| 2025-02-20 | Bezjak Mark | Option exercise | 2.5K | — |
| 2025-02-20 | Bezjak Mark | Tax withheld | 694 | $103.46 |
| 2025-02-20 | Winkler Lori | Option exercise | 1.9K | — |
| 2025-02-20 | Winkler Lori | Tax withheld | 465 | $103.46 |
| 2025-02-20 | Phipps Chad F | Option exercise | 2.2K | — |
| 2025-02-20 | Phipps Chad F | Tax withheld | 885 | $103.46 |
| 2025-02-20 | Ellingson Rachel | Option exercise | 1.6K | — |
| 2025-02-20 | Ellingson Rachel | Tax withheld | 491 | $103.46 |
| 2025-02-20 | Stellato Paul A | Tax withheld | 258 | $103.46 |
| 2025-02-20 | Tornos Ivan | Option exercise | 16K | — |
| 2025-02-20 | Tornos Ivan | Tax withheld | 8.8K | $103.46 |
| 2025-02-20 | Upadhyay Suketu | Option exercise | 5.4K | — |
| 2025-02-20 | Upadhyay Suketu | Tax withheld | 2.4K | $103.46 |
| 2025-02-20 | VAN ZUILEN WILFRED | Option exercise | 2.5K | — |
| 2025-02-20 | VAN ZUILEN WILFRED | Tax withheld | 645 | $103.46 |
| 2025-02-20 | Yi Sang | Option exercise | 2.4K | — |
| 2025-02-18 | Yi Sang | Option exercise | 11K | — |
| 2025-02-18 | Winkler Lori | Option exercise | 7.2K | — |
| 2025-02-18 | Winkler Lori | Tax withheld | 1.8K | $101.00 |
| 2025-02-18 | VAN ZUILEN WILFRED | Option exercise | 9.2K | — |
| 2025-02-18 | VAN ZUILEN WILFRED | Tax withheld | 2.4K | $101.00 |
| 2025-02-18 | Tornos Ivan | Option exercise | 26K | — |
| 2025-02-18 | Tornos Ivan | Tax withheld | 13K | $101.00 |
| 2025-02-18 | Upadhyay Suketu | Option exercise | 22K | — |
| 2025-02-18 | Upadhyay Suketu | Tax withheld | 8.2K | $101.00 |
| 2025-02-18 | Bezjak Mark | Option exercise | 7.9K | — |
| 2025-02-18 | Bezjak Mark | Tax withheld | 2.0K | $101.00 |
| 2025-02-18 | Phipps Chad F | Option exercise | 10K | — |
| 2025-02-18 | Phipps Chad F | Tax withheld | 2.6K | $101.00 |
| 2025-02-18 | Ellingson Rachel | Option exercise | 5.6K | — |
| 2025-02-18 | Ellingson Rachel | Tax withheld | 1.8K | $101.00 |
All non-derivative Form 4 activity (SEC), newest first.
Notable events (8-K)
| Date | Items | |
|---|---|---|
| 2026-05-27 | Shareholder voteExhibits | filing ↗ |
| 2026-05-12 | Reg FDExhibits | filing ↗ |
| 2026-04-28 | Exec/director changeReg FDExhibits | filing ↗ |
| 2026-04-28 | ResultsExhibits | filing ↗ |
| 2026-02-10 | ResultsExhibits | filing ↗ |
| 2026-01-12 | Exec/director changeExhibits | filing ↗ |
| 2025-11-05 | ResultsExhibits | filing ↗ |
| 2025-10-07 | OtherExhibits | filing ↗ |
Recent filings
| Form | Filed | Period | Accession |
|---|---|---|---|
| 8-K | 2026-05-27 | 2026-05-22 | 0001193125-26-242207 ↗ |
| 8-K | 2026-05-12 | 2026-05-12 | 0001193125-26-218098 ↗ |
| 10-Q | 2026-05-01 | 2026-03-31 | 0001193125-26-201710 ↗ |
| 8-K | 2026-04-28 | 2026-04-28 | 0001193125-26-183411 ↗ |
| 8-K | 2026-04-28 | 2026-04-22 | 0001193125-26-183430 ↗ |
| 10-K | 2026-02-20 | 2025-12-31 | 0001193125-26-059853 ↗ |
| 8-K | 2026-02-10 | 2026-02-10 | 0001193125-26-043620 ↗ |
| 8-K | 2026-01-12 | 2026-01-08 | 0001193125-26-009895 ↗ |
| 8-K | 2025-11-05 | 2025-11-05 | 0001193125-25-265649 ↗ |
| 10-Q | 2025-11-05 | 2025-09-30 | 0001193125-25-266884 ↗ |
| 8-K | 2025-10-07 | 2025-10-07 | 0001193125-25-233473 ↗ |
| 8-K | 2025-09-04 | 2025-09-04 | 0001193125-25-196060 ↗ |