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Zimmer Biomet Holdings Inc   (ZBH)
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Zimmer Biomet Holdings Inc 's ROE per quarter

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


What is ROE for Zimmer Biomet Holdings Inc in the third quarter 2023?
Zimmer Biomet Holdings Inc achieved a return on average equity (ROE) of 3.87 % in its third quarter 2023, which is below Zimmer Biomet Holdings Inc 's average return on equity, which stands at 4.52%.

ROE decreased relative to the period ending , due to the decline in net income.

Within the Medical Equipment & Supplies industry 55 other companies had a higher return on equity. While Return on equity, overall ranking has advanced in the quarter, so far to 1955, from total ROE ranking in the second quarter 2023 at 1971.

What is ROE?



Return On Equity (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 Equity Change 2.18 % 2.09 % 1.13 % -5.05 % -
Y / Y Net Income Change -16.12 % 36.23 % 1515.97 % - 33.2 %
Net Income (TTM) in Millions 475 507 451 232 279
Return On Equity (TTM) 3.87 % 4.15 % 3.71 % 1.92 % 2.27 %
ZBH's Total Ranking # 1955 # 1971 # 1987 # 1919 # 2023
Equity (TTM) in Millions 12,518 12,379 12,158 12,027 12,251
Seq. Equity Change 1.13 % 1.82 % 1.09 % -1.83 % 1.04 %
Seq. Net Income Change -22.35 % -9.84 % - - 26.1 %

Return On Equity Company Ranking
Within: No.
Industry # 56
Sector # 166
Overall # 1955

Return On Equity Statistics
High Average Low
17.11 %
4.52 %
-3.19 %
(Dec 31 2017)   (Dec 31 2018)





ZBH Annual Return On Equity (Dec 31 2022)
2022
(Dec 31 2021)
2021
(Dec 31 2020)
2020
(Dec 31 2019)
2019
(Dec 31 2018)
2018
Total Equity in Millions 12,027 12,666 12,199 12,393 11,276
Y / Y Equity Change -5.05 % 3.83 % -1.56 % 9.9 % -3.91 %
Net Income in Millions 232 402 -137 1,132 -379
Y / Y Net Income Change -42.2 % - - - -
Return On Equity 1.93 % 3.17 % -1.13 % 9.13 % -3.36 %





Annual Roe Comment
In 2022 ROE decreased compared to the previous year to 1.93 %, due to deterioration of net income.


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




Companies with similar Return On Equity at Sep 30 2023, within Healthcare Sector ROE
Neurocrine Biosciences Inc   10.54 %
Dynavax Technologies Corporation  10.46 %
Biogen Inc   10.42 %
U S Physical Therapy Inc  10.34 %
Oramed Pharmaceuticals Inc   10.27 %
Pediatrix Medical Group Inc   10.08 %
Align Technology inc   9.99 %
The Pennant Group Inc   9.90 %
Lemaitre Vascular Inc   9.78 %
Fonar Corporation  9.73 %
Teleflex Incorporated  9.69 %
Incyte Corporation  9.19 %
Steris Plc  8.99 %
Viemed Healthcare Inc   8.97 %
Atrion Corporation  8.89 %
Electromed Inc   8.78 %
Addus Homecare Corporation  8.77 %
Viatris Inc   8.75 %
Cervomed Inc   8.72 %
Exelixis Inc   8.68 %
Merit Medical Systems Inc  8.44 %
Medtronic Plc  8.00 %
Schrodinger Inc   7.99 %
Lifevantage Corp  7.92 %
Phibro Animal Health Corporation  7.57 %
Conmed Corporation  7.54 %
Lftd Partners Inc   7.41 %
Avantor Inc   7.30 %
Healthcare Services Group Inc   7.26 %
Xtant Medical Holdings Inc   7.22 %


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



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