Zimmer Biomet price to free cash flow ZBH
Market value divided by free cash flow over the last twelve months, since 2010.
- Today, Oct 23, 2026
- 12.3×
- 10-year median
- 17.2×
- Against its 10-year history
- 7th
- percentile: 0 is its lowest day, 100 its highest
- 10-year range
- 10.9× to 39.0×
- Peer median
- 25.1×
Zimmer Biomet's price to free cash flow is 12.3× as of Oct 23, 2026.
That is below its ten-year median of 17.2×, lower than on 93% of days in the last ten years.
Over that time it ranged from 10.9× in May 2026 to 39.0× in May 2021.
The median for 10 medical device stocks of a similar size is 25.1×.
Price to free cash flow over time
The dashed line is the 10-year median and the shaded band the middle half of its days.
Year by year
| Year | End of year | Low | High |
|---|---|---|---|
| 2026 so far | 12.3× | 10.9× | 13.1× |
| 2025 | 12.1× | 11.8× | 17.2× |
| 2024 | 15.6× | 15.6× | 28.5× |
| 2023 | 26.9× | 19.7× | 26.9× |
| 2022 | 20.7× | 15.5× | 20.7× |
| 2021 | 18.1× | 17.2× | 39.0× |
| 2020 | 29.2× | 12.5× | 29.2× |
| 2019 | 22.4× | 12.8× | 22.8× |
| 2018 | 12.6× | 12.2× | 16.7× |
| 2017 | 14.4× | 13.2× | 18.9× |
| 2016 | 16.5× | 15.7× | 27.1× |
| 2015 | 27.3× | 20.0× | 28.5× |
| 2014 | 21.3× | 16.9× | 21.5× |
| 2013 | 17.0× | 11.0× | 17.0× |
| 2012 | 10.4× | 9.2× | 10.8× |
| 2011 | 9.1× | 8.1× | 12.4× |
| 2010 | 8.8× | 7.8× | 10.6× |
Against its peers
Companies in Medical - Devices nearest Zimmer Biomet's size, closest first, today.
| Company | Price to free cash flow |
|---|---|
| ZBHZimmer Biomet | 12.3× |
| DXCMDexCom | 20.9× |
| GEHCGE HealthCare Technologies | 20.4× |
| EWEdwards Lifesciences | 35.8× |
| BSXBoston Scientific | 18.3× |
| LIVNLivaNova | 30.1× |
| ITGRInteger | 38.4× |
| SYKStryker | 25.1× |
| MDTMedtronic | 19.9× |
| TMDXTransMedics | 31.0× |
| ABTAbbott Laboratories | n/m |
| Peer median | 25.1× |
What the price to free cash flow tells you
Market value divided by free cash flow: the cash left after running the business and paying for equipment. Cash is harder to manage than accounting earnings, so many investors trust this more than PE.
Lumpy: a big year of building factories drops cash flow and inflates the ratio without the business getting worse.
More on Zimmer Biomet
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.