🚀 VC round data is live in beta, check it out!
- Public Comps
- Zimmer Biomet
Zimmer Biomet Valuation Multiples
Discover revenue and EBITDA valuation multiples for Zimmer Biomet and similar public comparables like Hologic, Illumina, Coloplast, Sartorius and more.
Zimmer Biomet Overview
About Zimmer Biomet
Zimmer Biomet designs, manufactures, and markets orthopedic reconstructive implants as well as supplies and surgical equipment for orthopedic surgery. With the acquisitions of Centerpulse in 2003 and Biomet in 2015, Zimmer holds the leading share of the reconstructive market in the United States, Europe, and Japan. Roughly two-thirds of total revenue is derived from sales of large joints; another fourth comes from extremities, trauma, sports medicine, and related surgical products. The firm spun out its dental and spine businesses in 2022.
Founded
2001
HQ

Employees
17.0K
Website
Financials (LTM)
EV
$25B
Zimmer Biomet Financials
Zimmer Biomet reported last 12-month revenue of $8B and EBITDA of $3B.
In the same LTM period, Zimmer Biomet generated $6B in gross profit, $3B in EBITDA, and $2B in net income.
Revenue (LTM)
Zimmer Biomet P&L
In the most recent fiscal year, Zimmer Biomet reported revenue of $8B and EBITDA of $3B.
Zimmer Biomet expects next 12-month revenue of XXX and NTM EBITDA of XXX
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue | $8B | XXX | $8B | XXX | XXX | XXX |
| Gross Profit | $6B | XXX | $6B | XXX | XXX | XXX |
| Gross Margin | 72% | XXX | 70% | XXX | XXX | XXX |
| EBITDA | $3B | XXX | $3B | XXX | XXX | XXX |
| EBITDA Margin | 33% | XXX | 33% | XXX | XXX | XXX |
| EBIT Margin | 27% | XXX | 27% | XXX | XXX | XXX |
| Net Profit | $2B | XXX | $2B | XXX | XXX | XXX |
| Net Margin | 20% | XXX | 20% | XXX | XXX | XXX |
| Net Debt | — | — | $7B | XXX | XXX | XXX |
Financial data powered by Morningstar, Inc.
Zimmer Biomet Stock Performance
Zimmer Biomet has current market cap of $18B, and enterprise value of $25B.
Market Cap Evolution
Zimmer Biomet's stock price is $94.78.
| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $25B | $18B | 0.0% | XXX | XXX | XXX | $8.42 |
Benchmark Trading Valuation Multiples by Industry
Sign up to access valuation multiples like growth-adjusted P/E, Rule of 40, next 12-month EV/Revenue, EBITDA multiples by industry, consensus analyst estimates and many more.
Start Free TrialZimmer Biomet Valuation Multiples
Zimmer Biomet trades at 3.0x EV/Revenue multiple, and 9.2x EV/EBITDA.
EV / Revenue (LTM)
Zimmer Biomet Financial Valuation Multiples
As of April 19, 2026, Zimmer Biomet has market cap of $18B and EV of $25B.
Equity research analysts estimate Zimmer Biomet's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
Zimmer Biomet has a P/E ratio of 11.2x.
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Market cap (current) | $18B | XXX | $18B | XXX | XXX | XXX |
| EV (current) | $25B | XXX | $25B | XXX | XXX | XXX |
| EV/Revenue | 3.0x | XXX | 3.1x | XXX | XXX | XXX |
| EV/EBITDA | 9.2x | XXX | 9.2x | XXX | XXX | XXX |
| EV/EBIT | 11.1x | XXX | 11.2x | XXX | XXX | XXX |
| EV/Gross Profit | 4.2x | XXX | 4.4x | XXX | XXX | XXX |
| P/E | 11.2x | XXX | 11.3x | XXX | XXX | XXX |
| EV/FCF | 20.5x | XXX | 17.8x | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Verified Zimmer Biomet Valuation Multiples
Access all public comps and forward-looking valuation multiples like EV/Revenue in 2027, based on consensus analyst estimates. Powered by FactSet and Morningstar.


Zimmer Biomet Margins & Growth Rates
Zimmer Biomet's revenue in the last 12 month grew by 4%.
Zimmer Biomet's revenue per employee in the last FY averaged $0.5M, while opex per employee averaged $0.3M for the same period.
Zimmer Biomet's rule of 40 is 36% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).
Zimmer Biomet's rule of X is 42% (created by Bessemer, rule of X is another metric to measure SaaS companies, ~1.5x stronger vs. the traditional Rule of 40, counted as revenue growth rate multiplied by 2.5 plus EBITDA margin).
Zimmer Biomet Operational Valuation Multiples
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue Growth | 4% | XXX | 4% | XXX | XXX | XXX |
| EBITDA Margin | 33% | XXX | 33% | XXX | XXX | XXX |
| EBITDA Growth | 0% | XXX | (0%) | XXX | XXX | XXX |
| Rule of 40 | — | XXX | 36% | XXX | XXX | XXX |
| Bessemer Rule of X | — | XXX | 42% | XXX | XXX | XXX |
| Revenue per Employee | — | XXX | $0.5M | XXX | XXX | XXX |
| Opex per Employee | — | XXX | $0.3M | XXX | XXX | XXX |
| R&D Expenses to Revenue | 5% | XXX | 6% | XXX | XXX | XXX |
| Opex to Revenue | — | XXX | 53% | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Zimmer Biomet Public Comps
See public comps and valuation multiples for other Medical Devices comps.
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| LTM | 2026E | 2027E | LTM | 2026E | 2027E | |
| Zimmer Biomet | XXX | XXX | XXX | XXX | XXX | XXX |
| Hologic | XXX | XXX | XXX | XXX | XXX | XXX |
| Illumina | XXX | XXX | XXX | XXX | XXX | XXX |
| Coloplast | XXX | XXX | XXX | XXX | XXX | XXX |
| Sartorius | XXX | XXX | XXX | XXX | XXX | XXX |
| Globus Medical | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc.
Zimmer Biomet M&A Activity
Zimmer Biomet acquired XXX companies to date.
Last acquisition by Zimmer Biomet was on XXXXXXXX, XXXXX. Zimmer Biomet acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Acquisitions by Zimmer Biomet
| Acquired Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
Get Verified M&A Valuation Multiples
Sign up to see revenue and EBITDA valuation multiples for 150K+ M&A deals.
Start Free TrialZimmer Biomet Investment Activity
Zimmer Biomet invested in XXX companies to date.
Zimmer Biomet made its latest investment on XXXXXXXX, XXXXX. Zimmer Biomet invested in XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Investments by Zimmer Biomet
| Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
Sign up to see data on 350K+ funding rounds and disclosed revenue and EBITDA valuation multiples, from seed, through growth stage, to pre-IPO.
Start Free TrialAbout Zimmer Biomet
| When was Zimmer Biomet founded? | Zimmer Biomet was founded in 2001. |
| Where is Zimmer Biomet headquartered? | Zimmer Biomet is headquartered in United States. |
| How many employees does Zimmer Biomet have? | As of today, Zimmer Biomet has over 17K employees. |
| Who is the CEO of Zimmer Biomet? | Zimmer Biomet's CEO is Ivan Tornos. |
| Is Zimmer Biomet publicly listed? | Yes, Zimmer Biomet is a public company listed on NYSE. |
| What is the stock symbol of Zimmer Biomet? | Zimmer Biomet trades under ZBH ticker. |
| When did Zimmer Biomet go public? | Zimmer Biomet went public in 2001. |
| Who are competitors of Zimmer Biomet? | Zimmer Biomet main competitors are Hologic, Illumina, Coloplast, Sartorius. |
| What is the current market cap of Zimmer Biomet? | Zimmer Biomet's current market cap is $18B. |
| What is the current revenue of Zimmer Biomet? | Zimmer Biomet's last 12 months revenue is $8B. |
| What is the current revenue growth of Zimmer Biomet? | Zimmer Biomet revenue growth (NTM/LTM) is 4%. |
| What is the current EV/Revenue multiple of Zimmer Biomet? | Current revenue multiple of Zimmer Biomet is 3.0x. |
| Is Zimmer Biomet profitable? | Yes, Zimmer Biomet is EBITDA-positive (as of the last 12 months). |
| What is the current EBITDA of Zimmer Biomet? | Zimmer Biomet's last 12 months EBITDA is $3B. |
| What is Zimmer Biomet's EBITDA margin? | Zimmer Biomet's last 12 months EBITDA margin is 33%. |
| What is the current EV/EBITDA multiple of Zimmer Biomet? | Current EBITDA multiple of Zimmer Biomet is 9.2x. |
| What is the current FCF of Zimmer Biomet? | Zimmer Biomet's last 12 months FCF is $1B. |
| What is Zimmer Biomet's FCF margin? | Zimmer Biomet's last 12 months FCF margin is 15%. |
| What is the current EV/FCF multiple of Zimmer Biomet? | Current FCF multiple of Zimmer Biomet is 20.5x. |
Start Your
Free Trial Today
Try Multiples for free for 3 days. Got questions or need a demo? Schedule a call with us below.