Zimmer Biomet Holdings Inc (ZBH)
Pretax margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | 1,035,200 | 1,066,200 | 343,700 | 455,100 | -234,900 |
| Revenue | US$ in thousands | 7,434,500 | 7,171,400 | 6,780,400 | 7,459,000 | 6,789,700 |
| Pretax margin | 13.92% | 14.87% | 5.07% | 6.10% | -3.46% |
December 31, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $1,035,200K ÷ $7,434,500K
= 13.92%
The pretax margin of Zimmer Biomet Holdings Inc has shown volatility over the past five years, starting at a negative rate of -3.46% in December 2020 and gradually improving to reach 6.10% by December 2021. However, in the following years, there was a slight decline to 5.07% in December 2022 before experiencing a significant upturn to 14.87% in December 2023 and then stabilizing at 13.92% by December 2024. This positive trend indicates that the company has been able to efficiently manage its operating expenses and generate higher earnings before taxes relative to its revenue in the more recent years, reflecting a potentially strengthening financial position.
Peer comparison
Dec 31, 2024