Zimmer Biomet Holdings Inc

Common Name
Zimmer Biomet Holdings
Country
United States
Sector
Healthcare
Industry
Medical Devices
Employees
17,000
Ticker
ZBH
Exchange
NEW YORK STOCK EXCHANGE, INC.
Description
Zimmer Biomet Holdings, Inc. is a leading global medical technology company specializing in the design, manufacture, and marketing of orthopedic reconstructive products. Its portfolio encompasses knee...

Financial Statements of Zimmer Biomet Holdings

Below are the financial statements of Zimmer Biomet Holdings, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.

All figures in millions of USD202420232022
Net sales
7,678.6a
7,394.2a
6,939.9a
Cost of products sold, excluding intangible asset amortization
-2,191.2a
-2,083.8a
-2,019.5a
Intangible asset amortization
-591.9a
-561.5a
-526.8a
Research and development
-437.4a
-458.7a
-406a
Selling, general and administrative
-2,929.8a
-2,838.9a
-2,761.7a
Goodwill and intangible asset impairment
0a
0a
-292.8a
Restructuring and other cost reduction initiatives
-219a
-151.9a
-191.6a
Quality remediation
0a
0a
-33.8a
Acquisition, integration, divestiture and related
-23.6a
-21.7a
-11.4a
Operating expenses
-6,392.9a
-6,116.5a
-6,243.6a
Operating profit
1,285.7a
1,277.7a
696.3a
Other expense, net
-31.1a
-9.3a
-128a
Interest expense, net
-218a
-201.2a
-164.8a
Earnings from continuing operations before income taxes
1,036.6a
1,067.3a
403.5a
Provision for income taxes from continuing operations
-131.4a
-42.2a
-112.3a
Net earnings from continuing operations
905.2a
1,025.1a
291.2a
Less: Net earnings attributable to noncontrolling interest
1.5a
1.1a
1a
Net earnings from continuing operations of Zimmer Biomet Holdings, Inc.
903.8a
1,024a
290.2a
Loss from discontinued operations, net of tax
0a
0a
-58.8a
Net earnings of Zimmer Biomet Holdings, Inc.
903.8a
1,024a
231.4a

Verified Sources Behind Zimmer Biomet Holdings’s Financial Fundamentals Data

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a. Zimmer Biomet Holdings's 10-K 2024
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