Zimmer Biomet
Financial Performance
Zimmer Biomet Revenue & Financials
Revenue
$7.7B (FY2024)
Market Cap
$24B
Net Income
$903.8M
Employees
18,000
What is Zimmer Biomet's revenue?
Zimmer Biomet had $7.7B in revenue for fiscal year 2024, up 3.8% from 2023. Net income was $903.8M.
- Latest revenue
- $7.7B (FY2024)
- Year-over-year
- +3.8%
- Growth rate (CAGR)
- 2.8% over 9 years
- Peak revenue
- $8B (FY2019)
- Years of data
- 10
- Employees
- 18,000
- How much profit does Zimmer Biomet make?
- Zimmer Biomet reported net income of $903.8M for fiscal year 2024.
- How many employees does Zimmer Biomet have?
- Zimmer Biomet has about 18,000 employees.
Financial Analysis
Zimmer Biomet demonstrates strong financial stability, expanding operating margins, and consistent free cash flow generation. In fiscal year 2024, Zimmer Biomet delivered net sales of $7.68 billion, up 4.8% on a constant-currency basis. GAAP net income was $1.03 billion with adjusted operating margins reaching 28.2%. The company generated $1.6 billion in operating cash flow and over $1.0 billion in free cash flow, maintaining a solid investment-grade balance sheet with a leverage ratio of 2.4x net debt-to-adjusted EBITDA while paying regular quarterly cash dividends.
Revenue Trend Analysis
YoY Change
+3.8%
9-Year CAGR
+2.8%
Peak Year
2019
Trend
Consistent Growth
Zimmer Biomet has 10 full fiscal year figures on this page, compounding at +2.8% annually over 9 years. The most recent year saw a 3.8% increase versus the prior year. Annual revenue peaked in fiscal year 2019 at $8B. Of 9 comparable year-over-year steps, 8 showed growth and 1 showed a decline.
Annual revenue history
| Fiscal Year | Revenue | Net Income | YoY Change |
|---|---|---|---|
| FY2024 | $7.7B | $903.8M | +3.8% |
| FY2023 | $7.4B | $1B | +6.5% |
| FY2022 | $6.9B | $231.4M | +1.7% |
| FY2021 | $6.8B | $401.6M | +11.4% |
| FY2020 | $6.1B | -$138.9M | -23.2% |
| FY2019 | $8B | $1.1B | +0.6% |
| FY2018 | $7.9B | -$379.2M | +1.7% |
| FY2017 | $7.8B | $1.8B | +1.8% |
| FY2016 | $7.7B | $305.9M | +27.9% |
| FY2015 | $6B | $147M | — |
Click any row to see year details.
Keep researching Zimmer Biomet
Zimmer Biomet Revenue and Financial FAQ
What was Zimmer Biomet's latest reported annual revenue?
In its latest audited financial reporting period, Zimmer Biomet recorded consolidated net revenue of $7.68B, demonstrating durable revenue growth across its primary operating divisions.
How profitable is Zimmer Biomet?
Zimmer Biomet generates industry-leading profitability, combining disciplined cost management with high gross margins to deliver substantial net earnings and superior return on equity (ROE) throughout changing economic cycles.
What is Zimmer Biomet's capital and liquidity position?
Zimmer Biomet maintains a fortress balance sheet equipped with ample liquid cash reserves, conservative debt leverage, and capital adequacy ratios that provide substantial safety margins above statutory regulatory requirements.
Does Zimmer Biomet distribute capital to shareholders?
Zimmer Biomet executes a disciplined capital allocation strategy that balances internal reinvestment into digital innovation and strategic growth with sustainable ordinary dividends and accretive share repurchase programs.
Cite or embed this data
Using these figures? Please credit CorpDigest with a link.
CorpDigest. "Zimmer Biomet Revenue & Financials." CorpDigest, https://corpdigest.com/company/zimmer-biomet/financials.<div style="font-family:system-ui,sans-serif;font-size:14px;line-height:1.5;border:1px solid #e2e8f0;border-radius:8px;padding:12px 16px;max-width:520px"><strong>Zimmer Biomet reported $7.7B in revenue (FY2024).</strong><br>Source: <a href="https://corpdigest.com/company/zimmer-biomet/financials" target="_blank" rel="noopener">CorpDigest — Zimmer Biomet financials</a></div>Related Financial Audits
Compare revenue, net income, and market cap scale
Explore Zimmer Biomet
Core profile pages, founders and related research hubs for this company.