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 USD | 2024 | 2023 | 2022 |
---|---|---|---|
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 |
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