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Zimmer Biomet Holdings Inc   (ZBH)
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Zimmer Biomet Holdings Inc 's ROA from the third quarter of 2023 to the third quarter of 2022 and 5 Year Period

Return on Assets, Quarterly Results, Trends, Rankings, Statistics


What is Zimmer Biomet Holdings Inc 's ROA in the third quarter of 2023?
Zimmer Biomet Holdings Inc achieved a return on average assets (ROA) of 2.24 % in its third quarter of 2023, this is above ZBH's average return on assets of 2.09%.
Zimmer Biomet Holdings Inc s assets during the 12 months ending in the third quarter of 2023 are valued at $21 billion

ROA decreased relative to the period ending Jun 30 2023, due to the decline in net income.

However, within the Healthcare sector 180 other companies had a higher return on assets. While Return on assets, overall ranking has advanced in the Sep 30 2023 quarter, so far to 1788, from total ROA ranking in the second quarter of 2023 at 1798.

What is ROA?


Return On Assets (Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
(Sep 30 2022)
III. Quarter
Y / Y Total Assets Change -0.54 % -0.74 % -1.73 % -10.19 % -11.14 %
Y / Y Net Income Change -16.12 % 36.23 % 1515.97 % - 33.2 %
Net Income (TTM) in million 475 507 451 232 279
Return On Assets (TTM) 2.24 % 2.39 % 2.12 % 1.09 % 1.27 %
ZBH's Total Ranking # 1788 # 1798 # 1912 # 2675 # 2407
Total Assets (TTM) in million 21,217 21,294 21,244 21,066 21,333
Seq. Total Assets Change -0.36 % 0.24 % 0.84 % -1.25 % -0.56 %
Seq. Net Income Change -22.35 % -9.84 % - - 26.1 %



Return On Assets Company Ranking
Within: No.
Industry # 56
Sector # 181
Overall # 1786

Return On Assets Statistics
High Average Low
6.85 %
2.09 %
-1.48 %
(Dec 31 2017)   (Dec 31 2018)





Financial Statements
Zimmer Biomet Holdings Inc 's Assets $ 21,217 million ZBH's Balance sheet
Zimmer Biomet Holdings Inc 's Income $ 163 million Quarterly ZBH's Income Statement
ZBH's Income by Division See ZBH's Income by Division



Annual Return On Assets (Dec 31 2022)
FY 2022
(Dec 31 2021)
FY 2021
(Dec 31 2020)
FY 2020
(Dec 31 2019)
FY 2019
(Dec 31 2018)
FY 2018
Y / Y Total Assets Change -10.19 % -3.94 % -0.9 % 2.12 % -7.08 %
Total Assets in million 21,066 23,456 24,418 24,639 24,127
Y / Y Net Income Change -42.2 % - - - -
Net Income in million 232 402 -137 1,132 -379
Return On Assets 1.1 % 1.71 % -0.56 % 4.59 % -1.57 %




Comment on ZBH's ROA in the fiscal year ending 2022
In the fiscal year 2022 Zimmer Biomet Holdings Inc 's ROA decreased compared to previous year to 1.1 %, due to deterioration of net income -42.2 % to $232.40 million, from $402.10 million a year ago, as ZBH's assets were $21,066.00 million.


More Return On Assets Ratios
ZBH's' Return on Assets at Yahoo Finance
Medical Equipment & Supplies Industry Return On Assets Trends and Statistics
Healthcare Sector Roa Statistics
Roa Trends for overall market
ZBH's Roa Ratio versus Medical Equipment & Supplies Industry, Healthcare Sector and overall Market
Highest Ranking Return On Assets
Lowest Ranking Return On Assets
Roa for ZBH's Competitors
Roa for Zimmer Biomet Holdings Inc 's Suppliers
Return On Assets for ZBH's Customers

You may also want to know
ZBH's Roi ZBH's Inventory Turnover Ratio ZBH's Growth Rates ZBH's Dividend Comparisons
ZBH's Profitability Ratios ZBH's Asset Turnover Ratio ZBH's Dividend Growth
ZBH's Roe ZBH's Valuation Ratios ZBH's Financial Strength Ratios ZBH's Dividend Payout Ratio



Companies with similar Return On Assets at Sep 30 2023, within Healthcare Sector ROA
Addus Homecare Corporation  6.02 %
Align Technology inc   5.97 %
Castle Biosciences Inc   5.86 %
Embecta Corp   5.78 %
Merit Medical Systems Inc  5.73 %
Teleflex Incorporated  5.72 %
Biogen Inc   5.71 %
Schrodinger Inc   5.59 %
Third Harmonic Bio Inc   5.45 %
  5.39 %
Globus Medical Inc   5.36 %
Organon and Co   5.35 %
Henry Schein Inc   5.20 %
Insulet Corporation  5.11 %
Pfizer Inc  5.08 %
Davita Inc   5.05 %
Steris Plc  5.04 %
Universal Health Services Inc   4.90 %
Escalon Medical Corp   4.84 %
Abbvie Inc   4.79 %
Conduit Pharmaceuticals Inc   4.72 %
Repligen Corp  4.57 %
Medtronic Plc  4.51 %
U S Physical Therapy Inc  4.48 %
Staar Surgical Company  4.45 %
Healthcare Services Group Inc   4.33 %
Iqvia Holdings Inc   4.33 %
Merck and Co Inc   4.31 %
Powerup Acquisition Corp   4.25 %
Tenet Healthcare Corp  4.14 %


Date modified: 2023-11-08T18:47:34+00:00


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