Zimmer Biomet Holdings Inc (ZBH)
Return on assets (ROA)
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 903,800 | 1,083,500 | 997,100 | 963,900 | 1,024,000 | 474,300 | 505,600 | 449,700 | 231,400 | 277,900 | 229,500 | 217,700 | 401,600 | 819,300 | 916,200 | 567,700 | -138,900 | -151,900 | 36,700 | 377,000 |
| Total assets | US$ in thousands | 21,365,300 | 21,720,300 | 21,520,000 | 21,452,400 | 21,496,900 | 21,217,300 | 21,294,300 | 21,243,500 | 21,066,000 | 21,333,300 | 21,452,700 | 21,617,500 | 23,456,400 | 24,008,600 | 24,223,200 | 24,026,600 | 24,417,700 | 24,025,500 | 23,647,600 | 25,512,900 |
| ROA | 4.23% | 4.99% | 4.63% | 4.49% | 4.76% | 2.24% | 2.37% | 2.12% | 1.10% | 1.30% | 1.07% | 1.01% | 1.71% | 3.41% | 3.78% | 2.36% | -0.57% | -0.63% | 0.16% | 1.48% |
December 31, 2024 calculation
ROA = Net income (ttm) ÷ Total assets
= $903,800K ÷ $21,365,300K
= 4.23%
Zimmer Biomet Holdings Inc's return on assets (ROA) has shown some fluctuations over the past five years. The ROA started at a modest 1.48% in March 2020, dropped to 0.16% in June 2020, and turned negative in the following quarters, reaching as low as -0.63% in September 2020. However, the company managed to improve its ROA significantly over time, with positive trends emerging in the subsequent quarters.
By March 2021, Zimmer Biomet Holdings Inc's ROA had increased to 2.36%, showing a continued upward trajectory to reach 4.76% by December 2023. The company maintained a relatively high ROA of around 4% in the following quarters of June and September 2024, indicating efficient utilization of its assets to generate profits.
Overall, Zimmer Biomet Holdings Inc's ROA performance reflects a mix of challenges and successes, with notable improvements in recent years. The positive trend in ROA demonstrates the company's ability to generate higher returns relative to its asset base, which can be indicative of effective management of assets and operational efficiency.
Peer comparison
Dec 31, 2024