Zimmer Biomet Holdings Inc (ZBH)
Net profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 903,800 | 1,024,000 | 231,400 | 401,600 | -138,900 |
| Revenue | US$ in thousands | 7,434,500 | 7,171,400 | 6,780,400 | 7,459,000 | 6,789,700 |
| Net profit margin | 12.16% | 14.28% | 3.41% | 5.38% | -2.05% |
December 31, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $903,800K ÷ $7,434,500K
= 12.16%
The net profit margin of Zimmer Biomet Holdings Inc has shown variability over the years based on the data provided. In December 2020, the company reported a negative net profit margin of -2.05%, indicating that expenses exceeded the revenue generated during that period. However, the company significantly improved its performance in the subsequent years. By December 2021, Zimmer Biomet had achieved a net profit margin of 5.38%, demonstrating better cost management and operational efficiency.
In 2022, the net profit margin slightly declined to 3.41%, possibly due to changes in operating costs or other factors affecting profitability. The following year, in December 2023, Zimmer Biomet experienced a notable increase in net profit margin to 14.28%, indicating a significant improvement in overall profitability. The company maintained a strong performance in December 2024, with a net profit margin of 12.16%, reflecting continued profitability and successful management of expenses relative to revenue.
Overall, Zimmer Biomet's net profit margin has shown fluctuations, but the company has managed to enhance its profitability over the years, particularly evidenced by the significant upturns in 2021 and 2023. This suggests that Zimmer Biomet has effectively managed its costs and operations to generate sustainable profits and create value for its shareholders.
Peer comparison
Dec 31, 2024