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Zimmer Biomet Holdings, Inc. (ZBH)

Healthcare | Medical Devices | Warsaw, United States | NYSE
94.08 USD +2.74 (3.000%) ⇧ (July 13, 2026, 4 p.m. EDT)
After hours: 93.99 -0.09 (-0.090%) ⇩ (July 13, 2026, 7:36 p.m. EDT)

Short-term:★★★☆☆Long-term:★★★⯪☆Dividends:★★★☆☆
Hot Take | July 11, 2026, 6:03 a.m. EDT

Despite a nearly 23% drawdown over the last nine years, Zimmer Biomet presents a compelling value proposition where the market is pricing in significant risk despite strong underlying fundamentals. The business is generating robust earnings growth of 34% and revenue expansion of 9%, supported by healthy operating margins near 20%. Crucially, the stock trades at a forward price-to-earnings ratio of roughly 10 times, offering a significant discount compared to its growth profile. While the price has struggled recently with two consecutive years of decline, this does not constitute a multi-year structural deterioration under the strictest definitions, allowing the valuation gap to remain attractive. Options flow confirms this tension, with traders hedging downside risk while maintaining exposure to a potential rebound. For investors willing to hold through the volatility, the combination of cheap valuation and accelerating earnings makes this a solid long-term buy, though the short-term path remains choppy.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
MSTL ✓0.032987
AutoETS0.036027
AutoARIMA0.036033
AutoTheta0.037001

Forecast horizon: 45 days | Selected: MSTL

Forecast Reliability
Score 47%
H-stat 7.98
Ljung-Box p 0.000
Jarque-Bera p 0.695
Excess Kurtosis -0.40
Attribute Value
Sector Healthcare
Ex Dividend Date 2026-06-24
Last Dividend Date 2026-06-24
Debt to Equity Ratio 59.827
Revenue per Share 42.68
Market Cap 18,200,950,784
Trailing P/E 24.37
Forward P/E 10.47
Beta 0.46
Profit Margins 9.05%
Website https://www.zimmerbiomet.com

As of July 11, 2026, 6:03 a.m. EDT: Speculators are positioning defensively in the near term with heavy put open interest at the 80 and 85 strikes, suggesting a fear of a drop below these levels within the next month. Mid-term call positioning at the 95 and 100 strikes indicates a belief in a recovery toward the analyst mean. Implied volatility remains elevated across expirations, reflecting uncertainty about the immediate path forward.


Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
0.26% 1.04% 0.93% 0.86%
Dividend History
Date Dividend Yield %
2026-06-25 0.240000 0.263852
2026-03-31 0.240000 0.265428
2025-12-30 0.240000 0.264346
2025-09-30 0.240000 0.243655
2025-06-26 0.240000 0.261609
2025-03-31 0.240000 0.212052
2024-12-30 0.240000 0.227704
2024-09-30 0.240000 0.222325
2024-06-26 0.240000 0.221996
2024-03-27 0.240000 0.180982
2023-12-26 0.240000 0.197661
2023-09-28 0.240000 0.213409
2023-06-23 0.240000 0.166678
2023-03-28 0.240000 0.190265
2022-12-23 0.240000 0.189439
2022-09-29 0.240000 0.224048
2022-06-24 0.240000 0.220446
2022-03-28 0.240000 0.190961
2021-12-27 0.233010 0.187779
2021-09-29 0.233010 0.160686
2021-06-25 0.233010 0.144709
2021-03-26 0.233010 0.148773
2020-12-24 0.233010 0.160804
2020-09-29 0.233010 0.179910
2020-06-26 0.233010 0.207918
2020-03-26 0.233010 0.237977
2019-12-26 0.233010 0.159681
2019-09-27 0.233010 0.178931
2019-06-27 0.233010 0.208009
2019-03-28 0.233010 0.189036
2018-12-27 0.233010 0.235965
2018-09-27 0.233010 0.185028
2018-06-28 0.233010 0.215692
2018-03-28 0.233010 0.221894
2017-12-28 0.233010 0.197126
2017-09-21 0.233010 0.212277
2017-06-21 0.233010 0.186742
2017-03-29 0.233010 0.197743
2016-12-28 0.233010 0.232874
2016-09-21 0.233010 0.188694
2016-06-22 0.233010 0.202310
2016-03-29 0.233010 0.226758
2015-12-29 0.213592 0.214070
2015-09-28 0.213592 0.238069
2015-05-13 0.213592 0.196709
2015-03-04 0.213592 0.185247
2014-12-24 0.213592 0.192796
2014-09-24 0.213592 0.212294
2014-06-25 0.213592 0.208788
2014-03-26 0.213592 0.237606
2013-12-24 0.194175 0.214823
2013-09-25 0.194175 0.244798
2013-06-26 0.194175 0.266881
2013-03-26 0.194175 0.269506
2012-12-24 0.174757 0.268256
2012-09-25 0.174757 0.269259
2012-06-26 0.174757 0.291923
2012-03-28 0.174757 0.282929
Additional Data
dividendRate 0.96
dividendYield 1.05
exDividendDate 2026-06-25
trailingAnnualDividendRate 0.96
trailingAnnualDividendYield 0.010510182
lastDividendValue 0.24
lastDividendDate 2026-06-25
dividendDate 2026-07-31

Info Dump

Attribute Value
52 Week Change -0.026848495
Address1 345 East Main Street
All Time High 175.1068
All Time Low 23.980583
Ask 93.85
Ask Size 200
Audit Risk 6
Average Analyst Rating 2.6 - Hold
Average Daily Volume10 Day 2,320,030
Average Daily Volume3 Month 2,407,540
Average Volume 2,407,540
Average Volume10Days 2,320,030
Beta 0.461
Bid 93.68
Bid Size 100
Board Risk 8
Book Value 65.529
City Warsaw
Compensation As Of Epoch Date 1,767,139,200
Compensation Risk 8
Country United States
Crypto Tradeable 0
Currency USD
Current Price 94.08
Current Ratio 1.733
Custom Price Alert Confidence HIGH
Date Short Interest 1,782,777,600
Day High 95.48
Day Low 91.3
Debt To Equity 59.827
Display Name Zimmer Biomet
Dividend Date 1,785,456,000
Dividend Rate 0.96
Dividend Yield 1.05
Earnings Call Timestamp End 1,785,933,000
Earnings Call Timestamp Start 1,785,933,000
Earnings Growth 0.341
Earnings Quarterly Growth 0.308
Earnings Timestamp 1,785,933,000
Earnings Timestamp End 1,785,933,000
Earnings Timestamp Start 1,785,933,000
Ebitda 2,580,999,936
Ebitda Margins 0.30693
Enterprise To Ebitda 9.809
Enterprise To Revenue 3.011
Enterprise Value 25,317,650,432
Eps Current Year 8.47793
Eps Forward 8.98555
Eps Trailing Twelve Months 3.86
Esg Populated 0
Ex Dividend Date 1,782,345,600
Exchange NYQ
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 85.918
Fifty Day Average Change 8.162003
Fifty Day Average Change Percent 0.094997585
Fifty Two Week Change Percent -2.6848495
Fifty Two Week High 108.29
Fifty Two Week High Change -14.209999
Fifty Two Week High Change Percent -0.13122171
Fifty Two Week Low 79.12
Fifty Two Week Low Change 14.959999
Fifty Two Week Low Change Percent 0.18907987
Fifty Two Week Range 79.12 - 108.29
Financial Currency USD
First Trade Date Milliseconds 996,067,800,000
Five Year Avg Dividend Yield 0.85
Float Shares 192,932,395
Forward Eps 8.98555
Forward P E 10.470144
Free Cashflow 1,044,124,992
Full Exchange Name NYSE
Full Time Employees 17,000
Gmt Off Set Milliseconds -14,400,000
Governance Epoch Date 1,782,864,000
Gross Margins 0.70176005
Gross Profits 5,901,199,872
Has Pre Post Market Data 1
Held Percent Insiders 0.0015199999
Held Percent Institutions 1.0639399
Implied Shares Outstanding 193,462,482
Industry Medical Devices
Industry Disp Medical Devices
Industry Key medical-devices
Ir Website http://investor.zimmer.com/
Is Earnings Date Estimate 0
Language en-US
Last Dividend Date 1,782,345,600
Last Dividend Value 0.24
Last Fiscal Year End 1,767,139,200
Last Split Date 1,646,092,800
Last Split Factor 103:100
Long Business Summary Zimmer Biomet Holdings, Inc., together with its subsidiaries, operates as a medical technology company worldwide. The company designs, manufactures, and markets orthopedic reconstructive products, such as knee and hip products; S.E.T. products, including sports medicine, biologics, foot and ankle, upper extremities, and trauma and CMFT products; sports medicine products for the repair of soft tissue injuries, used in the knee and shoulder; and craniomaxillofacial and thoracic products comprising face and skull reconstruction products, as well as products that fixate and stabilize the bones of the chest to facilitate healing or reconstruction after open-heart surgery, trauma, or for deformities of the chest. It offers technology and data, bone cement, and surgical products; and a suite of integrated digital and robotic technologies that leverage data, data analytics and artificial intelligence. The company's products and solutions are used to treat patients suffering from disorders of, or injuries to, bones, joints, or supporting soft tissues. It serves orthopedic surgeons, neurosurgeons, hospitals, healthcare institutions, stocking distributors, healthcare dealers, and other specialists, as well as agents, healthcare purchasing organizations, or buying groups. It also offers ROSA Robot, which utilizes robotic technologies to assist a surgeon with implant positioning in total knee arthroplasty or partial knee arthroplasty; and the ZBEdge Platform connects robotic and digital technologies together to collect data before, during and after surgery, that can deliver insights to surgeons to assist in making informed decisions on patient care. The company was formerly known as Zimmer Holdings, Inc. and changed its name to Zimmer Biomet Holdings, Inc. in June 2015. Zimmer Biomet Holdings, Inc. was founded in 1927 and is headquartered in Warsaw, Indiana.
Long Name Zimmer Biomet Holdings, Inc.
Market us_market
Market Cap 18,200,950,784
Market State POSTPOST
Max Age 86,400
Message Board Id finmb_264048
Most Recent Quarter 1,774,915,200
Net Income To Common 761,200,000
Next Fiscal Year End 1,798,675,200
Non Diluted Market Cap 17,670,863,105
Number Of Analyst Opinions 21
Open 91.69
Operating Cashflow 1,673,699,968
Operating Margins 0.19687
Overall Risk 7
Payout Ratio 0.24870001
Peg Ratio 0.65
Phone 574 373 3333
Post Market Change -0.09000397
Post Market Change Percent -0.09566748
Post Market Price 93.99
Post Market Time 1,783,985,779
Previous Close 91.34
Price Eps Current Year 11.097049
Price Hint 2
Price To Book 1.4357003
Price To Sales Trailing12 Months 2.1644351
Profit Margins 0.09052
Quick Ratio 0.771
Quote Source Name Nasdaq Real Time Price
Quote Type EQUITY
Recommendation Key hold
Recommendation Mean 2.55556
Region US
Regular Market Change 2.74001
Regular Market Change Percent 2.99979
Regular Market Day High 95.48
Regular Market Day Low 91.3
Regular Market Day Range 91.3 - 95.48
Regular Market Open 91.69
Regular Market Previous Close 91.34
Regular Market Price 94.08
Regular Market Time 1,783,972,803
Regular Market Volume 2,724,109
Return On Assets 0.040960003
Return On Equity 0.060650002
Revenue Growth 0.093
Revenue Per Share 42.68
Sand P52 Week Change 0.20847368
Sector Healthcare
Sector Disp Healthcare
Sector Key healthcare
Share Holder Rights Risk 4
Shares Outstanding 193,462,482
Shares Percent Shares Out 0.061100002
Shares Short 11,817,407
Shares Short Previous Month Date 1,780,012,800
Shares Short Prior Month 8,717,891
Short Name Zimmer Biomet Holdings, Inc.
Short Percent Of Float 0.0802
Short Ratio 5.22
Source Interval 15
State IN
Symbol ZBH
Target High Price 130.0
Target Low Price 83.0
Target Mean Price 98.04762
Target Median Price 95.0
Total Cash 478,500,000
Total Cash Per Share 2.473
Total Debt 7,586,999,808
Total Revenue 8,409,099,776
Tradeable 0
Trailing Annual Dividend Rate 0.96
Trailing Annual Dividend Yield 0.010510182
Trailing Eps 3.86
Trailing P E 24.373058
Trailing Peg Ratio 0.6473
Triggerable 1
Two Hundred Day Average 91.56325
Two Hundred Day Average Change 2.5167542
Two Hundred Day Average Change Percent 0.02748651
Type Disp Equity
Volume 2,724,109
Website https://www.zimmerbiomet.com
Zip 46,580