Zimmer Biomet Holdings Inc (ZBH)
Operating profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 1,285,700 | 1,277,700 | 696,300 | 860,300 | 83,100 |
| Revenue | US$ in thousands | 7,434,500 | 7,171,400 | 6,780,400 | 7,459,000 | 6,789,700 |
| Operating profit margin | 17.29% | 17.82% | 10.27% | 11.53% | 1.22% |
December 31, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $1,285,700K ÷ $7,434,500K
= 17.29%
Zimmer Biomet Holdings Inc has shown a significant improvement in its operating profit margin over the years. Starting at a low of 1.22% on December 31, 2020, the company's operating profit margin has consistently increased, reaching 17.29% by December 31, 2024. This upward trend indicates that Zimmer Biomet has been able to effectively control its operating costs and improve operational efficiency, leading to higher profitability relative to its revenue. The company's ability to maintain and increase its operating profit margin over the years reflects a positive trend in its financial performance and operational management.
Peer comparison
Dec 31, 2024