Zimmer Gross Profit Margin vs Net Profit Margin Analysis

ZBH Stock  USD 110.96  0.74  0.67%   
Zimmer Biomet financial indicator trend analysis is more than just analyzing Zimmer Biomet Holdings current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Zimmer Biomet Holdings is a good investment. Please check the relationship between Zimmer Biomet Gross Profit Margin and its Net Profit Margin accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Zimmer Biomet Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.

Gross Profit Margin vs Net Profit Margin

Gross Profit Margin vs Net Profit Margin Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Zimmer Biomet Holdings Gross Profit Margin account and Net Profit Margin. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Zimmer Biomet's Gross Profit Margin and Net Profit Margin is 0.5. Overlapping area represents the amount of variation of Gross Profit Margin that can explain the historical movement of Net Profit Margin in the same time period over historical financial statements of Zimmer Biomet Holdings, assuming nothing else is changed. The correlation between historical values of Zimmer Biomet's Gross Profit Margin and Net Profit Margin is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Gross Profit Margin of Zimmer Biomet Holdings are associated (or correlated) with its Net Profit Margin. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Profit Margin has no effect on the direction of Gross Profit Margin i.e., Zimmer Biomet's Gross Profit Margin and Net Profit Margin go up and down completely randomly.

Correlation Coefficient

0.5
Relationship DirectionPositive 
Relationship StrengthWeak

Gross Profit Margin

Net Profit Margin

The percentage of revenue left after all expenses have been deducted from sales. The measure is calculated by dividing net profit by revenue.
Most indicators from Zimmer Biomet's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Zimmer Biomet Holdings current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Zimmer Biomet Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
As of now, Zimmer Biomet's Tax Provision is increasing as compared to previous years. The Zimmer Biomet's current Enterprise Value Over EBITDA is estimated to increase to 12.69, while Selling General Administrative is projected to decrease to under 2 B.
 2021 2022 2023 2024 (projected)
Gross Profit4.9B4.9B5.3B3.6B
Total Revenue6.8B6.9B7.4B5.0B

Zimmer Biomet fundamental ratios Correlations

0.650.590.750.660.560.740.690.250.550.50.660.330.680.570.230.280.380.040.570.340.640.43-0.50.52-0.7
0.650.930.860.910.940.91.00.330.950.920.960.570.790.960.320.820.840.270.950.790.950.80.10.93-0.24
0.590.930.880.890.910.90.920.30.90.80.90.430.680.860.250.760.690.220.920.590.860.840.030.82-0.23
0.750.860.880.930.840.90.870.560.810.620.880.570.80.730.480.640.510.40.870.440.760.82-0.240.65-0.47
0.660.910.890.930.950.920.890.510.910.670.970.620.770.760.520.810.550.510.960.530.760.93-0.010.69-0.26
0.560.940.910.840.950.910.920.370.980.780.970.510.690.840.40.890.70.421.00.660.820.920.190.8-0.1
0.740.90.90.90.920.910.910.250.880.730.930.360.830.80.470.650.610.390.90.550.830.78-0.180.75-0.46
0.691.00.920.870.890.920.910.290.930.920.940.540.820.970.320.760.830.240.930.790.970.760.020.93-0.32
0.250.330.30.560.510.370.250.290.330.090.390.830.240.180.40.490.110.470.440.080.150.560.060.080.03
0.550.950.90.810.910.980.880.930.330.840.940.530.680.880.360.890.770.390.970.690.850.880.20.84-0.09
0.50.920.80.620.670.780.730.920.090.840.790.430.660.990.090.710.970.010.790.920.970.550.221.0-0.14
0.660.960.90.880.970.970.930.940.390.940.790.570.80.850.430.840.690.430.970.680.840.880.080.81-0.23
0.330.570.430.570.620.510.360.540.830.530.430.570.470.490.40.650.450.460.580.420.450.590.180.42-0.01
0.680.790.680.80.770.690.830.820.240.680.660.80.470.730.650.430.560.480.710.570.780.52-0.350.7-0.66
0.570.960.860.730.760.840.80.970.180.880.990.850.490.730.160.740.940.090.850.890.990.640.150.99-0.21
0.230.320.250.480.520.40.470.320.40.360.090.430.40.650.160.250.050.880.410.070.190.41-0.330.11-0.4
0.280.820.760.640.810.890.650.760.490.890.710.840.650.430.740.250.690.390.90.680.660.890.560.710.3
0.380.840.690.510.550.70.610.830.110.770.970.690.450.560.940.050.690.00.710.930.910.460.320.95-0.03
0.040.270.220.40.510.420.390.240.470.390.010.430.460.480.090.880.390.00.430.00.070.51-0.020.03-0.08
0.570.950.920.870.961.00.90.930.440.970.790.970.580.710.850.410.90.710.430.660.830.930.180.8-0.11
0.340.790.590.440.530.660.550.790.080.690.920.680.420.570.890.070.680.930.00.660.850.410.390.910.02
0.640.950.860.760.760.820.830.970.150.850.970.840.450.780.990.190.660.910.070.830.850.590.010.98-0.34
0.430.80.840.820.930.920.780.760.560.880.550.880.590.520.640.410.890.460.510.930.410.590.240.570.05
-0.50.10.03-0.24-0.010.19-0.180.020.060.20.220.080.18-0.350.15-0.330.560.32-0.020.180.390.010.240.180.92
0.520.930.820.650.690.80.750.930.080.841.00.810.420.70.990.110.710.950.030.80.910.980.570.18-0.18
-0.7-0.24-0.23-0.47-0.26-0.1-0.46-0.320.03-0.09-0.14-0.23-0.01-0.66-0.21-0.40.3-0.03-0.08-0.110.02-0.340.050.92-0.18
Click cells to compare fundamentals

Zimmer Biomet Account Relationship Matchups

Zimmer Biomet fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding206.7M207M210.4M210.3M209.7M164.9M
Total Assets24.6B24.4B23.5B21.1B21.5B13.7B
Other Current Liab1.9B1.4B1.5B1.4B1.4B999.8M
Total Current Liabilities3.4B2.6B3.5B2.4B2.9B1.5B
Total Stockholder Equity12.4B12.2B12.7B12.0B12.5B7.4B
Property Plant And Equipment Net2.1B2.0B1.8B1.9B2.3B1.4B
Accounts Payable400.9M330M306.5M354.1M410.6M229.9M
Non Current Assets Total19.9B19.3B18.6B16.6B16.9B10.3B
Non Currrent Assets Other980.1M969.4M2.3B630.8M942.9M578.4M
Net Receivables1.4B1.5B1.3B1.4B1.4B975.8M
Liabilities And Stockholders Equity24.6B24.4B23.5B21.1B21.5B13.7B
Non Current Liabilities Total8.8B9.7B7.3B6.7B6.2B4.8B
Inventory2.4B2.5B2.1B2.1B2.4B1.4B
Other Current Assets357.1M741.9M1.1B522.9M366.1M401.6M
Other Stockholder Equity2.2B2.4B2.6B2.6B2.3B2.4B
Total Liab12.2B12.2B10.8B9.0B9.0B6.3B
Property Plant And Equipment Gross2.1B2.0B6.1B6.5B6.8B7.1B
Total Current Assets4.7B5.1B4.9B4.4B4.6B3.4B
Accumulated Other Comprehensive Income(241.9M)(297.8M)(231.6M)(179.3M)(191M)(181.5M)
Other Liab1.9B2.0B1.9B1.1B1.3B1.2B
Other Assets652.9M969.4M1.1B1.1B1.3B1.4B
Property Plant Equipment2.1B2.0B2.0B1.9B2.2B1.4B
Short Long Term Debt Total8.2B8.1B7.1B5.7B6.0B4.8B
Net Debt7.6B7.3B6.7B5.3B5.6B3.7B
Retained Earnings10.4B10.1B10.3B9.6B10.4B6.8B
Cash617.9M802.1M378.1M375.7M415.8M591.2M
Long Term Debt6.7B7.6B5.5B5.2B5.0B4.0B
Cash And Short Term Investments617.9M802.1M378.1M375.7M415.8M732.9M
Short Term Debt1.5B575M1.6B544.3M1.0B1.3B
Good Will9.6B9.3B8.9B8.6B8.8B6.0B
Intangible Assets7.3B7.1B5.5B5.1B4.9B4.2B
Treasury Stock(6.7B)(6.7B)(6.7B)(6.9B)(6.2B)(6.5B)
Net Tangible Assets(4.5B)(4.1B)(2.8B)(1.6B)(1.5B)(1.5B)
Noncontrolling Interest In Consolidated Entity4.7M5.2M5.7M6.7M6.0M5.7M
Retained Earnings Total Equity10.4B10.1B10.3B9.6B11.0B9.1B
Capital Surpluse8.9B9.1B9.3B9.5B10.9B7.5B

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When determining whether Zimmer Biomet Holdings offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Zimmer Biomet's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Zimmer Biomet Holdings Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Zimmer Biomet Holdings Stock:
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Zimmer Biomet Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..
Is Health Care Equipment & Supplies space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Zimmer Biomet. If investors know Zimmer will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Zimmer Biomet listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.597
Dividend Share
0.96
Earnings Share
5.24
Revenue Per Share
37.006
Quarterly Revenue Growth
0.04
The market value of Zimmer Biomet Holdings is measured differently than its book value, which is the value of Zimmer that is recorded on the company's balance sheet. Investors also form their own opinion of Zimmer Biomet's value that differs from its market value or its book value, called intrinsic value, which is Zimmer Biomet's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Zimmer Biomet's market value can be influenced by many factors that don't directly affect Zimmer Biomet's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Zimmer Biomet's value and its price as these two are different measures arrived at by different means. Investors typically determine if Zimmer Biomet is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Zimmer Biomet's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.