Zimmer Biomet Holdings, Inc. (ZBH)

Zimmer Biomet Holdings Income Statement

Financials in millions USD. Fiscal year is January - December.

Year Ending	TTM	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	7,453	7,394	6,940	6,827	6,128	7,982
Revenue Growth (YoY)	4.85%	6.55%	1.65%	11.42%	-23.24%	0.62%
Cost of Revenue	2,095	2,084	2,020	1,960	1,824	2,253
Gross Profit	5,357	5,310	4,920	4,867	4,303	5,730
Selling, General & Admin	2,859	2,839	2,762	2,843	2,713	3,344
Research & Development	456.2	458.7	406	435.8	322.8	449.3
Other Operating Expenses	825.5	735.1	1,056	727.4	1,185	799
Operating Expenses	4,141	4,033	4,224	4,007	4,220	4,592
Operating Income	1,216	1,278	696.3	860.3	83.1	1,138
Interest Expense / Income	203.7	201.2	164.8	208.4	212.1	226.9
Other Expense / Income	18.4	10.3	187.8	196.8	105.9	4.7
Pretax Income	994.3	1,066	343.7	455.1	-234.9	905.9
Income Tax	30.4	42.2	112.3	53.5	-96	-225.7
Net Income	963.9	1,024	231.4	401.6	-138.9	1,132
Net Income Growth	114.34%	342.52%	-42.38%	-	-	-
Shares Outstanding (Basic)	205	209	210	209	207	205
Shares Outstanding (Diluted)	206	210	210	210	207	207
Shares Change	-2.00%	-0.29%	-0.05%	1.64%	0.15%	1.57%
EPS (Basic)	4.64	4.91	1.10	1.93	-0.67	5.52
EPS (Diluted)	4.61	4.88	1.10	1.91	-0.67	5.47
EPS Growth	115.42%	343.64%	-42.41%	-	-	-
Free Cash Flow	792.6	892.4	838.5	1,074	833.6	865.2
Free Cash Flow Per Share	3.86	4.28	4.00	5.15	4.03	4.22
Dividend Per Share	0.960	0.960	0.960	0.960	0.960	0.960
Gross Margin	71.89%	71.82%	70.90%	71.29%	70.23%	71.78%
Operating Margin	16.32%	17.28%	10.03%	12.60%	1.36%	14.25%
Profit Margin	12.93%	13.85%	3.33%	5.88%	-2.27%	14.18%
Free Cash Flow Margin	10.64%	12.07%	12.08%	15.73%	13.60%	10.84%
Effective Tax Rate	3.06%	3.96%	32.67%	11.76%	-	-24.91%
EBITDA	2,157	2,219	1,435	1,601	875.6	2,139
EBITDA Margin	28.94%	30.01%	20.68%	23.45%	14.29%	26.80%
Depreciation & Amortization	958.5	951.7	926.4	937.7	898.4	1,006
EBIT	1,198	1,267	508.5	663.5	-22.8	1,133
EBIT Margin	16.08%	17.14%	7.33%	9.72%	-0.37%	14.19%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).