Filing Flows › Comparisons › ZBH vs STE
Zimmer Biomet Holdings vs Steris: ZBH and STE compared
Zimmer Biomet Holdings is the larger company: $2.1B of revenue in its latest quarter (Q3 2026) against $1.6B for Steris (Q2 FY27). Steris is growing faster (+9% against +3% a year earlier). Steris is more profitable, with an operating margin of 18.5% against 14.9%.
Where the money goes: ZBH and STE
Zimmer Biomet Holdings (ZBH) · Q3 2026
Zimmer Biomet Holdings, Q3 2026: revenue $2.1B (+3% year over year), operating margin 14.9%, net earnings $193M, operating cash flow $560M. The chart follows the revenue to costs, profit and cash.
Steris (STE) · Q2 FY27
Steris, Q2 FY27: revenue $1.6B (+9% year over year), operating margin 18.5%, net earnings $214M, operating cash flow $289M. The chart follows the revenue to costs, profit and cash.
| Zimmer Biomet Holdings (ZBH) | Steris (STE) | |
|---|---|---|
| Latest quarter | Q3 2026 | Q2 FY27 |
| Revenue | $2.1B | $1.6B |
| Revenue growth, Y/Y | +3% | +9% |
| Gross margin | — | 44.7% |
| Operating margin | 14.9% | 18.5% |
| Net earnings | $193M | $214M |
| Net margin | 9.4% | 13.5% |
| Operating cash flow | $560M | $289M |
| Free cash flow | $372M | $213M |
| Market value | $20.3B | $24.7B |
| P/E | 26.8× | 29.8× |
| Analysts’ mean target | $115.62 | $260.71 |
Where the revenue comes from
Zimmer Biomet Holdings
- Knees: $768M (37%)
- SET: $578M (28%)
- Hips: $536M (26%)
- Technology and Data Bone Cement and Surgical: $181M (9%)
Steris
- Healthcare: $1.1B (71%)
- AST: $296M (19%)
- Life Sciences:: $171M (11%)
Questions
Which is bigger, Zimmer Biomet Holdings or Steris?
Zimmer Biomet Holdings is the larger company: $2.1B of revenue in its latest quarter (Q3 2026) against $1.6B for Steris (Q2 FY27).
Is Zimmer Biomet Holdings or Steris growing faster?
Steris is growing faster (+9% against +3% a year earlier).
Which is more profitable, Zimmer Biomet Holdings or Steris?
Steris is more profitable, with an operating margin of 18.5% against 14.9%.
More: Zimmer Biomet Holdings earnings · how Zimmer Biomet Holdings makes money · Steris earnings · how Steris makes money
From the companies' latest 10-Q, 10-K or earnings release (10-Q filed Nov 4, 2026; 10-Q filed Nov 5, 2026). Fiscal quarters can end on different dates. Not investment advice.