ZBH

Zimmer Biomet Holdings, Inc.
NYSEUSDEQUITY Healthcare DELAYED
Last price
89.68
▼ 1.89 (2.06%)
MARKET · —

Price

1D — H — L — Range — Vol —
Drag pan · Pinch zoom · Hold crosshair · pick a tool then drag to draw
Open
—
Prev close
91.57
Day high
91.95
Day low
89.55
Volume
1.68M
Market cap
$17.11B
P/E (TTM)
21.77
52W range
79.12 – 106.88

Trailing performance

Price return · vs SPY
Returnvs SPY
1W
-1.82% -3.8%
1M
-8.56% -9.7%
3M
+2.42% -2.1%
6M
-1.88% -20.1%
YTD
-0.27% -14.5%
1Y
-11.01% -27.4%
3Y
-20.09% -102.3%
5Y
— —

Price return only. Dividends are not reinvested, so total return on a dividend payer will be higher than shown.

Unusual options activity

Account required
Nothing crossed the thresholds in the expiries we scanned.
That is the normal state — most contracts trade well inside their existing open interest.
Free account required

Contracts trading at or above their open interest, ranked by notional and where the print landed.

Free account

5 more panels on ZBH open with an account.

Options chains and analytics, valuation ratios, insider filings, analyst targets and ownership. No card, no trial, nothing to cancel.

Insider net activity

6m · Form 4 rollup
Net shares
-148
Net selling
Buy transactions
2
13.54K shares
Sell transactions
3
13.69K shares
Net transactions
+5
Buys less sells
Sell : buy shares
1.0 : 1
Mixed
Insider-held shares
307.09K
Total on file
Bought 13.54KSold 13.69K

Insider transactions

Account required
DateInsiderAction SharesValueHeld
Oct 1, 26
CAMPBELL GARY CRAIG
Officer
— 3.59K — Direct
Sep 11, 26
THORNAL KEVIN R
Officer
SELL 5.69K $528.98K Direct
Sep 4, 26
PHIPPS CHAD F
Officer
SELL 3.00K $295.05K Direct
Jul 31, 26
THORNAL KEVIN R
Officer
— 9.96K — Direct
May 29, 26
YI SANG
Officer
SELL 5.00K $413.22K Direct
Apr 1, 26
NOOR JEHANZEB
Officer
— 6.63K — Direct
Mar 12, 26
WINKLER LORI
Officer
SELL 2.65K $250.85K Direct
Mar 6, 26
PHIPPS CHAD F
Officer
— 6.79K — Direct
Mar 6, 26
UPADHYAY SUKETU P
Chief Financial Officer
— 14.78K — Direct
Mar 6, 26
WINKLER LORI
Officer
— 5.63K — Direct
Mar 6, 26
VAN ZUILEN WILFRED
Officer
— 7.00K — Direct
Mar 6, 26
TORNOS IVAN
Chief Executive Officer
— 34.70K — Direct
Mar 6, 26
YI SANG
Officer
— 9.41K — Direct
Mar 6, 26
STELLATO PAUL A
Officer
— 1.97K — Direct
What this is, and what it is not

These are SEC Form 4 filings — officers, directors and 10% owners reporting their own trades in the company's stock. Filing is due within two business days of the transaction, so this lags reality by days, and the provider adds its own lag on top.

A sale is not automatically bearish. Executives sell on scheduled 10b5-1 plans, to cover tax on vesting equity, and to diversify. Purchases with cash are generally the more informative signal, and they are far rarer.

This does not include congressional or senate trading. That comes from STOCK Act disclosures filed with the Senate eFD system and the House Clerk, which this data source does not carry.

Free account required

Officer and director trades in their own stock, straight from Form 4 filings.

Insider holders

10 reporting
NameRelationShares heldLatest
BEZJAK MARK
Officer 13.13K Conversion of Exercise of derivative security
ELLINGSON RACHEL H.
Officer 11.91K Conversion of Exercise of derivative security
NOOR JEHANZEB
Officer 5.15K Conversion of Exercise of derivative security
PHIPPS CHAD F
Officer 65.23K Sale
STELLATO PAUL A
Officer 5.58K Conversion of Exercise of derivative security
TORNOS IVAN
Chief Executive Officer 83.19K Conversion of Exercise of derivative security
UPADHYAY SUKETU P
Chief Financial Officer 69.48K Conversion of Exercise of derivative security
VAN ZUILEN WILFRED
Officer 30.99K Conversion of Exercise of derivative security
WINKLER LORI
Officer 10.22K Sale
YI SANG
Officer 27.25K Sale

Fundamentals

TTM · reported
Market cap$17.11B
Enterprise value$24.25B
Revenue (TTM)$8.51B
Gross profit$5.92B
EBITDA$2.52B
Net income$806.70M
EPS (TTM)$4.12
Free cash flow$1.07B
Total cash$464.50M
Total debt$7.60B
Book value / share$66.23
Shares outstanding190.74M
Float190.13M
Short % of float5.93%
Dividend yield1.07%
Beta (5Y)0.49

Valuation & profitability ratios

Account required
Trailing P/E21.77
Forward P/E9.89
PEG ratio0.58
Price / sales—
Price / book1.35
EV / revenue2.85
EV / EBITDA9.60
Gross margin69.52%
Operating margin17.96%
Profit margin9.48%
Return on equity6.41%
Return on assets3.88%
Debt / equity60.18
Current ratio1.69
Free account required

Fourteen ratios including P/E, PEG, EV/EBITDA, margins and return on equity.

Financial statements

As reported · 4 years · 6 quarters
Blank means not reported, not zero
Line item2025202420232022YoY
Total revenue $8.23B$7.68B$7.39B$6.94B +7.2%
Operating revenue $8.23B$7.68B$7.39B$6.94B +7.2%
Cost of revenue $2.49B$2.19B$2.08B$2.02B +13.8%
Gross profit $5.74B$5.49B$5.31B$4.92B +4.6%
Research & development $458.50M$437.40M$458.70M$406.00M +4.8%
Selling, general & admin $3.26B$2.93B$2.84B$2.76B +11.2%
Total operating expense $4.38B$3.96B$3.86B$3.73B +10.7%
Operating income $1.36B$1.53B$1.45B$1.19B -11.3%
Net interest income -$292.80M-$218.00M-$201.20M-$164.80M -34.3%
Pre-tax income $830.80M$1.04B$1.07B$403.50M -19.9%
Tax provision $125.70M$131.40M$42.20M$112.30M -4.3%
Net income $705.10M$903.80M$1.02B$231.40M -22.0%
Net income to common $705.10M$903.80M$1.02B$231.40M -22.0%
Basic EPS 3.564.454.911.10 -20.0%
Diluted EPS 3.554.434.881.10 -19.9%
EBIT $1.12B$1.25B$1.27B$568.30M -10.4%
EBITDA $2.22B$2.25B$2.22B$1.49B -1.5%
Basic shares 198.00M203.10M208.70M209.60M -2.5%
Diluted shares 198.70M203.90M209.70M210.30M -2.6%

Options analytics

Account required
Put / call volume
1.45
Put-heavy session
Put / call open interest
—
Positioning, not flow
Max pain
70.00
-21.9% from spot
ATM implied vol
0.8%
Nearest strike to spot
Skew (10% OTM)
0.0%
Calls bid over puts
Call volume
31
Contracts, this expiry
Put volume
45
Contracts, this expiry
Heaviest call OI
75.00
0 contracts
Heaviest put OI
70.00
0 contracts

Max pain is the strike at which the largest dollar value of open contracts expires worthless. It describes current positioning; it is not a forecast and it moves as open interest changes.

Free account required

Put/call ratios, max pain, implied volatility skew and where open interest is concentrated.

Earnings

History & consensus estimates
Reported vs expected · EPS
QuarterEst.ActualSurprise
Jun 2026 2.012.07 +3.0%
Mar 2026 1.862.09 +12.2%
Dec 2025 2.402.42 +0.9%
Sep 2025 1.871.90 +1.8%
Forward consensus
PeriodEPSAnalystsRevenueGrowth
Current quarter 1.88 24 $2.04B +1.9%
Next quarter 2.49 24 $2.29B +2.2%
Current year 8.53 27 $8.60B +4.4%
Next year 9.07 27 $8.90B +3.6%

Analyst targets & ownership

Account required
Mean target$107.57
High target$130.00
Low target$93.00
Implied upside19.95%
Analyst count21
ConsensusBUY
Strong buy / Buy3 / 6
Hold18
Sell / Strong sell0 / 0
Held by insiders0.16%
Held by institutions111.39%
Institutions holding1.28K
Free account required

Price targets, consensus spread, insider and institutional ownership.

Moving averages & technicals

Computed from 2Y daily closes
SMA 10
90.10
-0.47% from price
SMA 20
92.56
-3.11% from price
SMA 50
96.04
-6.62% from price
SMA 100
91.93
-2.45% from price
SMA 200
91.33
-1.81% from price
EMA 12
91.01
-1.46% from price
EMA 26
92.95
-3.52% from price
EMA 50
93.71
-4.30% from price
RSI (14)
41.3
Neutral
MACD (12,26,9)
-1.94
Hist -0.26
ATR (14)
2.48
2.77% of price
Realised vol 30D
28.4%
Annualised
Bollinger upper
98.32
20, 2σ
Bollinger lower
86.79
20, 2σ
50 / 200 cross
Golden
96.04 vs 91.33
Trend bias
Below 200
-1.81%

Options chain

Account required
Expiry
Spot 89.68
Calls
StrikeLastBidAskVolOIIV
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
Puts
StrikeLastBidAskVolOIIV
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
Free account required

Every listed expiry, both sides of the book, with volume, open interest and implied volatility.

Risk profile

Daily returns · 1Y window
Beta vs SPY
0.20
Less volatile than market
Correlation to SPY
0.08
Largely independent
Realised vol 30D
28.4%
Annualised
Market vol 1Y
13.0%
SPY, annualised
Max drawdown 1Y
-23.5%
Peak to trough
Max drawdown 5Y
-45.7%
Peak to trough
ATR 14
2.48
2.77% of price
Beta (reported)
0.49
5Y monthly, from filing

Short interest

Semi-monthly exchange report · lags by ~2 weeks
Shares short
8.58M
Prior 8.80M
Change vs prior
-2.5%
Shorts covering
% of float
5.93%
Normal
% of shares out
4.50%
Against total outstanding
Days to cover
5.2
Crowded exit
Float
190.13M
Freely tradeable shares

Exchanges publish short interest twice a month with a settlement lag, so this is roughly two weeks behind. Days to cover divides shares short by average daily volume — it estimates how long covering would take, not whether it will happen.

Rating changes

389 on file
DateFirm ActionFromTo
Aug 10, 26 Canaccord Genuity MAINTAINED Hold Hold
Aug 7, 26 Truist Securities MAINTAINED Hold Hold
Aug 6, 26 RBC Capital MAINTAINED Outperform Outperform
Aug 6, 26 Bernstein MAINTAINED Market Perform Market Perform
Aug 6, 26 Stifel MAINTAINED Buy Buy
Jul 9, 26 BMO Capital INITIATED Outperform Market Perform
Jul 6, 26 Evercore ISI Group MAINTAINED Outperform Outperform
May 28, 26 Citigroup MAINTAINED Neutral Neutral
Apr 29, 26 JP Morgan MAINTAINED Neutral Neutral
Apr 29, 26 Citigroup MAINTAINED Neutral Neutral
Apr 29, 26 Citizens MAINTAINED Market Outperform Market Outperform
Apr 29, 26 Wells Fargo MAINTAINED Equal-Weight Equal-Weight

Dividends & splits

Declared · from the issuer
Forward rate$0.96 / yr
Forward yield1.07%
5-year avg yield0.86%
Payout ratio23.30%
Ex-dividend dateSep 30, 2026
Next pay dateOct 30, 2026
Last split103:100
Split dateMar 1, 2022

PRIVATE STRATEGY · BY QUALIFICATION

The same data. A different seat.

The research you are reading is the input layer for a discretionary options program we run for a small number of qualified investors. Minimum $1,000,000.