ZimVie (ZIMV) Financials

$8.97 +0.17 (+1.93%)

Closing price 04:00 PM Eastern

Extended Trading

$8.98 +0.00 (+0.06%)

As of 04:04 PM Eastern

Annual Income Statements for ZimVie

This table shows ZimVie's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022	2021
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021
Net Income / (Loss) Attributable to Common Shareholders	-26	-393	-64	-95
Consolidated Net Income / (Loss)	-26	-393	-64	-95
Net Income / (Loss) Continuing Operations	-34	-56	-47	16
Total Pre-Tax Income	-24	-51	-55	21
Total Operating Income	-21	-31	-46	22
Total Gross Profit	287	457	294	296
Total Revenue	450	457	463	472
Operating Revenue	450	457	463	472
Total Cost of Revenue	162	0.00	169	176
Operating Cost of Revenue	162	-	169	176
Total Operating Expenses	308	488	340	275
Selling, General & Admin Expense	239	249	253	208
Research & Development Expense	27	26	31	27
Amortization Expense	24	194	27	28
Restructuring Charge	19	4.49	29	11
Total Other Income / (Expense), net	-2.93	-20	-8.01	-1.24
Interest Expense	19	23	11	0.41
Interest & Investment Income	7.05	2.51	0.21	-
Other Income / (Expense), net	8.91	0.33	2.86	-0.83
Income Tax Expense	10	5.20	-7.60	4.19
Net Income / (Loss) Discontinued Operations	8.01	-337	-17	-112
Basic Earnings per Share	($0.94)	($14.87)	($2.45)	($3.66)
Weighted Average Basic Shares Outstanding	27.68M	27.08M	26.24M	26.08M
Diluted Earnings per Share	($0.94)	($14.87)	($2.45)	($3.66)
Weighted Average Diluted Shares Outstanding	27.68M	27.08M	26.24M	26.08M
Weighted Average Basic & Diluted Shares Outstanding	27.68M	27.08M	26.24M	26.08M

This table shows ZimVie's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Net Income / (Loss) Attributable to Common Shareholders	-12	-2.28	-4.01	-7.76	-335	-5.09	-23	-30	-30	0.83
Consolidated Net Income / (Loss)	-12	-2.28	-4.01	-7.76	-335	-5.09	-23	-30	-30	0.83
Net Income / (Loss) Continuing Operations	-9.75	-3.05	-9.55	-11	-24	-10	-5.91	-16	-13	0.83
Total Pre-Tax Income	-5.67	-3.74	-6.78	-7.41	-20	-9.86	-9.76	-11	27	-22
Total Operating Income	-6.41	-4.84	-6.69	-2.73	-16	-3.88	-4.39	-6.19	24	-17
Total Gross Profit	37	103	73	74	238	68	74	77	-164	155
Total Revenue	112	103	117	118	113	105	119	120	-221	215
Operating Revenue	112	103	117	118	113	105	119	120	-221	215
Total Cost of Revenue	75	0.00	44	44	-124	37	44	43	-57	60
Total Operating Expenses	43	108	80	77	254	72	79	83	-189	172
Selling, General & Admin Expense	59	57	62	60	63	57	63	67	-136	129
Research & Development Expense	6.70	6.93	6.58	6.70	6.82	5.68	6.46	7.21	-16	15
Amortization Expense	-30	42	6.00	6.02	173	6.78	6.81	6.79	-33	19
Restructuring Charge	9.24	0.69	5.02	3.62	-4.09	3.33	2.74	2.51	-2.80	8.42
Total Other Income / (Expense), net	0.74	1.10	-0.09	-4.68	-3.46	-5.97	-5.37	-5.11	2.86	-5.63
Interest Expense	4.63	4.83	5.07	4.37	6.18	5.55	5.93	5.08	-0.77	6.24
Other Income / (Expense), net	2.75	3.46	3.01	-0.31	1.52	-0.99	-0.17	-0.03	1.88	0.62
Income Tax Expense	4.08	-0.69	2.78	4.07	3.65	0.33	-3.85	5.08	41	-23
Net Income / (Loss) Discontinued Operations	-2.02	0.76	5.54	3.72	-311	5.09	-17	-14	-	-
Basic Earnings per Share	($0.42)	($0.08)	($0.15)	($0.29)	($12.65)	($0.19)	($0.89)	($1.14)	($1.17)	$0.03
Weighted Average Basic Shares Outstanding	27.68M	27.60M	27.57M	27.29M	27.08M	26.54M	26.53M	26.38M	26.24M	26.09M
Diluted Earnings per Share	($0.42)	($0.08)	($0.15)	($0.29)	($12.65)	($0.19)	($0.89)	($1.14)	($1.17)	$0.03
Weighted Average Diluted Shares Outstanding	27.68M	27.60M	27.57M	27.29M	27.08M	26.54M	26.53M	26.38M	26.24M	26.09M
Weighted Average Basic & Diluted Shares Outstanding	27.68M	27.60M	27.57M	27.29M	27.08M	26.54M	26.53M	26.38M	26.24M	26.09M

This table details how cash moves in and out of ZimVie's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022	2021
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021
Net Change in Cash & Equivalents	-11	-1.83	-11	73
Net Cash From Operating Activities	14	37	25	64
Net Cash From Continuing Operating Activities	14	37	25	64
Net Income / (Loss) Continuing Operations	-26	-393	-64	-95
Consolidated Net Income / (Loss)	-26	-393	-64	-95
Depreciation Expense	34	122	123	130
Non-Cash Adjustments To Reconcile Net Income	-0.11	306	47	7.31
Changes in Operating Assets and Liabilities, net	5.80	2.45	-81	23
Net Cash From Investing Activities	282	-15	-29	-60
Net Cash From Continuing Investing Activities	282	-15	-29	-60
Purchase of Property, Plant & Equipment	-5.35	-6.51	-16	-28
Divestitures	291	0.00	0.00	-
Other Investing Activities, net	-3.27	-8.67	-12	-32
Net Cash From Financing Activities	-295	-26	-1.31	72
Net Cash From Continuing Financing Activities	-295	-26	-1.31	72
Repayment of Debt	-290	-29	-64	-18
Payment of Dividends	0.00	0.00	-541	0.00
Issuance of Debt	0.00	4.76	595	0.00
Other Financing Activities, net	-4.67	-1.12	7.98	90
Effect of Exchange Rate Changes	-13	1.86	-5.46	-3.31
Cash Interest Paid	22	38	17	0.00
Cash Interest Received	4.64	0.00	0.00	-
Cash Income Taxes Paid	8.69	20	26	12

This table details how cash moves in and out of ZimVie's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Net Change in Cash & Equivalents	8.48	-15	14	-19	12	9.24	-0.20	-23	-26	-14
Net Cash From Operating Activities	21	1.20	3.04	-12	21	23	0.26	-7.20	-8.90	2.85
Net Cash From Continuing Operating Activities	21	1.20	3.04	-12	21	23	0.26	-7.20	-8.90	2.85
Net Income / (Loss) Continuing Operations	-12	-2.28	-4.01	-7.76	-335	-5.09	-23	-30	-30	0.83
Consolidated Net Income / (Loss)	-12	-2.28	-4.01	-7.76	-335	-5.09	-23	-30	-30	0.83
Depreciation Expense	8.62	8.78	8.49	8.43	27	31	32	33	30	30
Non-Cash Adjustments To Reconcile Net Income	9.42	3.31	-5.59	-7.26	301	6.76	6.94	-8.34	-5.15	-13
Changes in Operating Assets and Liabilities, net	15	-8.61	4.15	-4.92	29	-9.53	-15	-1.52	-3.73	-15
Net Cash From Investing Activities	-2.87	-0.53	290	-4.14	-2.73	-5.34	-1.27	-5.83	-5.56	-8.90
Net Cash From Continuing Investing Activities	-2.87	-0.53	290	-4.14	-2.73	-5.34	-1.27	-5.83	-5.56	-8.90
Purchase of Property, Plant & Equipment	-2.68	-0.58	-1.26	-0.84	-1.17	-2.19	-1.27	-1.89	-4.97	-5.32
Divestitures	-0.21	-	-	-	-	-	-	-	-	-
Other Investing Activities, net	0.01	0.05	-0.03	-3.30	-1.56	-3.16	-	-3.95	-0.59	-3.58
Net Cash From Financing Activities	0.78	-19	-275	-1.44	-8.88	-7.01	1.17	-11	-17	-3.52
Net Cash From Continuing Financing Activities	0.78	-19	-275	-1.44	-8.88	-7.01	1.17	-11	-17	-3.52
Other Financing Activities, net	0.78	-3.77	-0.23	-1.44	-1.87	-	1.17	-0.42	1.06	-0.05
Effect of Exchange Rate Changes	-11	3.50	-3.53	-2.10	2.48	-1.04	-0.36	0.78	4.57	-4.47
Cash Interest Paid	-0.40	6.51	6.28	9.36	12	8.75	9.33	8.12	7.82	5.53
Cash Income Taxes Paid	3.46	1.89	5.71	-2.37	1.06	0.34	17	1.66	17	3.99

This table presents ZimVie's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022	2021
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021
Total Assets	754	1,205	1,642	1,827
Total Current Assets	257	483	538	537
Cash & Equivalents	75	72	68	100
Accounts Receivable	65	65	67	164
Inventories, net	75	80	77	247
Prepaid Expenses	23	24	28	25
Other Current Assets	0.00	0.00	3.15	-
Other Current Nonoperating Assets	19	243	294	-
Plant, Property, & Equipment, net	47	54	59	180
Total Noncurrent Assets	449	668	1,046	1,110
Noncurrent Note & Lease Receivables	65	0.00	-	-
Goodwill	258	262	260	268
Intangible Assets	93	114	139	766
Other Noncurrent Operating Assets	27	27	17	76
Other Noncurrent Nonoperating Assets	7.53	265	630	-
Total Liabilities & Shareholders' Equity	754	1,205	1,642	1,827
Total Liabilities	372	796	883	375
Total Current Liabilities	134	174	217	185
Accounts Payable	33	28	26	45
Current Deferred & Payable Income Tax Liabilities	3.26	2.86	14	6.28
Other Current Liabilities	63	67	82	133
Other Current Nonoperating Liabilities	35	76	96	-
Total Noncurrent Liabilities	238	622	666	191
Long-Term Debt	220	509	532	0.00
Noncurrent Deferred & Payable Income Tax Liabilities	0.00	0.27	2.15	129
Other Noncurrent Operating Liabilities	17	18	19	61
Other Noncurrent Nonoperating Liabilities	0.12	95	113	-
Commitments & Contingencies	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	382	409	759	1,451
Total Preferred & Common Equity	382	409	759	1,451
Preferred Stock	0.00	0.00	0.00	0.00
Total Common Equity	382	409	759	1,451
Common Stock	939	923	897	0.00
Retained Earnings	-467	-441	-48	0.00
Accumulated Other Comprehensive Income / (Loss)	-91	-73	-91	-43

This table presents ZimVie's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q3 2024	Q2 2024	Q1 2024	Q3 2023	Q2 2023	Q1 2023	Q3 2022
Period end date	9/30/2024	6/30/2024	3/31/2024	9/30/2023	6/30/2023	3/31/2023	9/30/2022
Total Assets	783	790	1,172	1,508	1,561	1,588	1,629
Total Current Assets	266	274	455	498	507	504	546
Cash & Equivalents	67	79	44	75	66	66	116
Accounts Receivable	70	71	69	154	168	175	173
Inventories, net	77	72	77	214	228	231	224
Prepaid Expenses	24	20	17	54	46	32	33
Other Current Nonoperating Assets	28	33	248	-	-	-	-
Plant, Property, & Equipment, net	50	50	52	121	130	139	150
Total Noncurrent Assets	468	466	664	889	923	945	933
Noncurrent Note & Lease Receivables	63	60	-	-	-	-	-
Goodwill	263	260	260	259	261	261	254
Intangible Assets	98	103	109	591	625	644	640
Other Noncurrent Operating Assets	31	30	27	38	38	39	39
Other Noncurrent Nonoperating Assets	12	13	267	-	-	-	-
Total Liabilities & Shareholders' Equity	783	790	1,172	1,508	1,561	1,588	1,629
Total Liabilities	376	396	783	798	833	844	896
Total Current Liabilities	137	141	170	171	190	197	217
Accounts Payable	27	27	27	51	59	53	61
Current Deferred & Payable Income Tax Liabilities	2.44	2.50	4.38	1.77	4.54	17	6.37
Other Current Liabilities	58	62	62	118	126	127	136
Other Current Nonoperating Liabilities	48	50	69	-	-	-	-
Total Noncurrent Liabilities	240	255	614	627	643	648	678
Long-Term Debt	220	235	502	516	522	522	535
Noncurrent Deferred & Payable Income Tax Liabilities	0.28	0.06	0.17	86	93	96	105
Other Noncurrent Operating Liabilities	19	19	19	25	28	30	38
Other Noncurrent Nonoperating Liabilities	0.37	0.39	92	-	-	-	-
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	407	394	388	710	728	744	734
Total Preferred & Common Equity	407	394	388	710	728	744	734
Preferred Stock	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Common Equity	407	394	388	710	728	744	734
Common Stock	934	931	925	914	909	902	891
Retained Earnings	-455	-453	-449	-106	-101	-78	-17
Accumulated Other Comprehensive Income / (Loss)	-73	-84	-88	-98	-80	-81	-140

This table displays calculated financial ratios and metrics derived from ZimVie's official financial filings.

Metric	2024	2023	2022	2021
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021
Growth Metrics	-	-	-	-
Revenue Growth	-1.68%	-1.26%	-1.91%	0.00%
EBITDA Growth	-75.23%	15.05%	-47.47%	273.79%
EBIT Growth	61.60%	29.84%	-307.89%	109.49%
NOPAT Growth	33.21%	33.45%	-287.21%	111.15%
Net Income Growth	93.43%	-515.65%	32.94%	46.79%
EPS Growth	93.68%	-506.94%	33.06%	46.72%
Operating Cash Flow Growth	-61.84%	50.84%	-61.69%	-25.23%
Free Cash Flow Firm Growth	-70.15%	-102.93%	433.37%	109.26%
Invested Capital Growth	5.10%	0.42%	-62.42%	-9.06%
Revenue Q/Q Growth	-0.34%	272.15%	0.00%	0.00%
EBITDA Q/Q Growth	-22.85%	-33.03%	0.00%	0.00%
EBIT Q/Q Growth	49.02%	-389.43%	0.00%	0.00%
NOPAT Q/Q Growth	32.77%	-412.93%	0.00%	0.00%
Net Income Q/Q Growth	92.60%	-343.01%	0.00%	0.00%
EPS Q/Q Growth	92.86%	-338.64%	0.00%	0.00%
Operating Cash Flow Q/Q Growth	-0.03%	446.78%	-55.16%	0.00%
Free Cash Flow Firm Q/Q Growth	-107.22%	0.00%	0.00%	0.00%
Invested Capital Q/Q Growth	-5.76%	-55.68%	0.00%	0.00%
Profitability Metrics	-	-	-	-
Gross Margin	63.91%	100.00%	63.45%	62.74%
EBITDA Margin	5.02%	19.91%	17.09%	31.91%
Operating Margin	-4.59%	-6.76%	-10.03%	4.62%
EBIT Margin	-2.61%	-6.69%	-9.42%	4.44%
Profit (Net Income) Margin	-5.74%	-85.98%	-13.79%	-20.17%
Tax Burden Percent	109.46%	773.46%	117.21%	-462.80%
Interest Burden Percent	200.69%	166.10%	124.91%	98.07%
Effective Tax Rate	0.00%	0.00%	0.00%	20.33%
Return on Invested Capital (ROIC)	-2.77%	-4.26%	-3.50%	1.23%
ROIC Less NNEP Spread (ROIC-NNEP)	-11.70%	489.32%	14.34%	215.16%
Return on Net Nonoperating Assets (RNNOA)	-3.76%	-63.08%	-2.28%	-7.70%
Return on Equity (ROE)	-6.53%	-67.34%	-5.78%	-6.48%
Cash Return on Invested Capital (CROIC)	-7.74%	-4.67%	87.24%	10.72%
Operating Return on Assets (OROA)	-1.20%	-2.15%	-2.52%	1.11%
Return on Assets (ROA)	-2.64%	-27.62%	-3.68%	-5.05%
Return on Common Equity (ROCE)	-6.53%	-67.34%	-5.78%	-6.48%
Return on Equity Simple (ROE_SIMPLE)	-6.77%	-96.04%	-8.42%	-6.56%
Net Operating Profit after Tax (NOPAT)	-14	-22	-33	17
NOPAT Margin	-3.22%	-4.73%	-7.02%	3.68%
Net Nonoperating Expense Percent (NNEP)	8.93%	-493.57%	-17.84%	-213.93%
Return On Investment Capital (ROIC_SIMPLE)	-2.40%	-2.36%	-2.52%	-
Cost of Revenue to Revenue	36.09%	0.00%	36.55%	37.26%
SG&A Expenses to Revenue	53.05%	54.43%	54.64%	43.95%
R&D to Revenue	5.98%	5.72%	6.72%	5.78%
Operating Expenses to Revenue	68.51%	106.76%	73.48%	58.12%
Earnings before Interest and Taxes (EBIT)	-12	-31	-44	21
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	23	91	79	151
Valuation Ratios	-	-	-	-
Price to Book Value (P/BV)	1.01	1.15	0.32	0.00
Price to Tangible Book Value (P/TBV)	12.27	14.26	0.68	0.00
Price to Revenue (P/Rev)	0.86	1.03	0.53	0.00
Price to Earnings (P/E)	0.00	0.00	0.00	0.00
Dividend Yield	0.00%	0.00%	0.00%	0.00%
Earnings Yield	0.00%	0.00%	0.00%	0.00%
Enterprise Value to Invested Capital (EV/IC)	0.99	1.78	1.39	0.00
Enterprise Value to Revenue (EV/Rev)	1.18	1.99	1.53	0.00
Enterprise Value to EBITDA (EV/EBITDA)	23.52	9.97	8.94	0.00
Enterprise Value to EBIT (EV/EBIT)	0.00	0.00	0.00	0.00
Enterprise Value to NOPAT (EV/NOPAT)	0.00	0.00	0.00	0.00
Enterprise Value to Operating Cash Flow (EV/OCF)	37.43	24.45	28.73	0.00
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	0.87	0.00
Leverage & Solvency	-	-	-	-
Debt to Equity	0.58	1.24	0.70	0.00
Long-Term Debt to Equity	0.58	1.24	0.70	0.00
Financial Leverage	0.32	-0.13	-0.16	-0.04
Leverage Ratio	2.48	2.44	1.57	1.28
Compound Leverage Factor	4.97	4.05	1.96	1.26
Debt to Total Capital	36.61%	55.41%	41.23%	0.00%
Short-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	36.61%	55.41%	41.23%	0.00%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	63.39%	44.59%	58.77%	100.00%
Debt to EBITDA	9.77	5.59	6.72	0.00
Net Debt to EBITDA	6.45	4.80	5.86	0.00
Long-Term Debt to EBITDA	9.77	5.59	6.72	0.00
Debt to NOPAT	-15.24	-23.49	-16.36	0.00
Net Debt to NOPAT	-10.06	-20.19	-14.26	0.00
Long-Term Debt to NOPAT	-15.24	-23.49	-16.36	0.00
Altman Z-Score	0.50	0.45	0.55	0.00
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-
Current Ratio	1.92	2.78	2.48	2.91
Quick Ratio	1.05	0.79	0.62	1.43
Cash Flow Metrics	-	-	-	-
Free Cash Flow to Firm (FCFF)	-40	-24	811	152
Operating Cash Flow to CapEx	264.84%	570.72%	149.65%	226.32%
Free Cash Flow to Firm to Interest Expense	-2.14	-1.05	73.18	375.32
Operating Cash Flow to Interest Expense	0.75	1.63	2.22	158.73
Operating Cash Flow Less CapEx to Interest Expense	0.47	1.35	0.74	88.59
Efficiency Ratios	-	-	-	-
Asset Turnover	0.46	0.32	0.27	0.25
Accounts Receivable Turnover	6.90	6.92	4.01	2.64
Inventory Turnover	2.10	0.00	1.04	0.66
Fixed Asset Turnover	8.87	8.12	3.88	2.60
Accounts Payable Turnover	5.34	0.00	4.74	3.72
Days Sales Outstanding (DSO)	52.91	52.74	91.10	138.31
Days Inventory Outstanding (DIO)	173.86	0.00	349.44	549.49
Days Payable Outstanding (DPO)	68.30	0.00	77.08	98.24
Cash Conversion Cycle (CCC)	158.46	52.74	363.47	589.56
Capital & Investment Metrics	-	-	-	-
Invested Capital	536	510	508	1,351
Invested Capital Turnover	0.86	0.90	0.50	0.33
Increase / (Decrease) in Invested Capital	26	2.12	-843	-135
Enterprise Value (EV)	530	908	708	0.00
Market Capitalization	385	471	244	0.00
Book Value per Share	$13.83	$15.43	$29.08	$55.64
Tangible Book Value per Share	$1.14	$1.24	$13.80	$16.00
Total Capital	602	918	1,291	1,451
Total Debt	220	509	532	0.00
Total Long-Term Debt	220	509	532	0.00
Net Debt	145	437	464	-100
Capital Expenditures (CapEx)	5.35	6.51	16	28
Debt-free, Cash-free Net Working Capital (DFCFNWC)	48	238	252	252
Debt-free Net Working Capital (DFNWC)	123	309	321	352
Net Working Capital (NWC)	123	309	321	352
Net Nonoperating Expense (NNE)	11	372	31	113
Net Nonoperating Obligations (NNO)	154	100	-251	-100
Total Depreciation and Amortization (D&A)	34	122	123	130
Debt-free, Cash-free Net Working Capital to Revenue	10.75%	51.98%	54.45%	53.33%
Debt-free Net Working Capital to Revenue	27.42%	67.61%	69.19%	74.58%
Net Working Capital to Revenue	27.42%	67.61%	69.19%	74.58%
Earnings Adjustments	-	-	-	-
Adjusted Basic Earnings per Share	($0.94)	($14.87)	($2.45)	$0.00
Adjusted Weighted Average Basic Shares Outstanding	27.68M	27.08M	26.24M	26.08M
Adjusted Diluted Earnings per Share	($0.94)	($14.87)	($2.45)	$0.00
Adjusted Weighted Average Diluted Shares Outstanding	27.68M	27.08M	26.24M	26.08M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	27.68M	27.08M	26.24M	26.08M
Normalized Net Operating Profit after Tax (NOPAT)	-1.47	-19	-12	26
Normalized NOPAT Margin	-0.33%	-4.05%	-2.62%	5.60%
Pre Tax Income Margin	-5.25%	-11.12%	-11.76%	4.36%
Debt Service Ratios	-	-	-	-
EBIT to Interest Expense	-0.62	-1.35	-3.94	51.82
NOPAT to Interest Expense	-0.77	-0.95	-2.94	42.92
EBIT Less CapEx to Interest Expense	-0.91	-1.63	-5.42	-18.32
NOPAT Less CapEx to Interest Expense	-1.05	-1.24	-4.42	-27.22
Payout Ratios	-	-	-	-
Dividend Payout Ratio	0.00%	0.00%	-846.21%	0.00%
Augmented Payout Ratio	0.00%	0.00%	-846.21%	0.00%

This table displays calculated financial ratios and metrics derived from ZimVie's official financial filings.

Metric	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Growth Metrics	-	-	-	-	-	-	-	-	-	-
Revenue Growth	-1.37%	-1.98%	-1.55%	-1.84%	151.06%	-50.92%	-49.42%	-48.89%	0.00%	-10.45%
EBITDA Growth	-57.41%	-71.10%	-82.44%	-79.61%	-79.43%	81.19%	230.75%	14,101.08%	0.00%	766.14%
EBIT Growth	75.54%	71.78%	19.33%	51.05%	-157.06%	69.65%	78.73%	80.79%	0.00%	47.15%
NOPAT Growth	61.12%	-24.57%	-52.39%	55.84%	3.56%	76.71%	79.62%	81.03%	0.00%	44.91%
Net Income Growth	96.49%	55.12%	82.83%	74.10%	-1,003.52%	-712.39%	-168.29%	-16.81%	0.00%	102.75%
EPS Growth	96.68%	57.89%	83.15%	74.56%	-981.20%	-733.33%	-169.70%	-16.33%	0.00%	102.59%
Operating Cash Flow Growth	-0.02%	-94.70%	1,085.94%	-59.96%	341.06%	693.90%	-99.37%	27.31%	-141.59%	128.76%
Free Cash Flow Firm Growth	-123.18%	3,959.27%	262,927.84%	158.00%	0.00%	101.21%	100.02%	0.00%	0.00%	0.00%
Invested Capital Growth	5.10%	-50.57%	-53.14%	-58.37%	0.42%	-1.45%	-0.28%	0.00%	0.00%	0.00%
Revenue Q/Q Growth	8.04%	-11.63%	-1.17%	662.25%	7.36%	-11.24%	-1.46%	154.37%	-203.20%	-8.52%
EBITDA Q/Q Growth	-33.10%	53.95%	-10.71%	-76.58%	-54.61%	-6.47%	3.73%	-53.29%	299.78%	70.74%
EBIT Q/Q Growth	-166.25%	62.61%	-20.83%	15.33%	-207.10%	-6.91%	26.68%	-123.71%	263.31%	25.06%
NOPAT Q/Q Growth	-32.48%	27.67%	-144.77%	34.72%	-324.44%	11.51%	29.08%	63.80%	-2.50%	22.58%
Net Income Q/Q Growth	-415.15%	43.10%	48.28%	97.68%	-6,479.92%	78.23%	22.01%	1.24%	-3,751.50%	109.54%
EPS Q/Q Growth	-425.00%	46.67%	48.28%	97.71%	-6,557.89%	78.65%	21.93%	2.56%	-4,000.00%	109.09%
Operating Cash Flow Q/Q Growth	1,688.99%	-60.51%	126.37%	-153.65%	-5.21%	8,741.41%	103.56%	19.15%	-412.17%	-92.97%
Free Cash Flow Firm Q/Q Growth	-105.27%	-7.38%	-10.55%	13,924.19%	-195.86%	5,901.22%	100.02%	0.00%	100.00%	1.94%
Invested Capital Q/Q Growth	-5.76%	2.49%	11.13%	-2.08%	-55.68%	-2.84%	-1.27%	136.20%	-56.50%	-1.68%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-
Gross Margin	33.17%	100.00%	62.75%	62.56%	210.09%	64.95%	62.52%	64.20%	0.00%	72.21%
EBITDA Margin	4.44%	7.17%	4.12%	4.56%	10.29%	24.33%	23.09%	21.94%	0.00%	6.59%
Operating Margin	-5.75%	-4.69%	-5.72%	-2.31%	-14.58%	-3.69%	-3.70%	-5.14%	0.00%	-7.77%
EBIT Margin	-3.28%	-1.33%	-3.15%	-2.57%	-13.24%	-4.63%	-3.84%	-5.16%	0.00%	-7.48%
Profit (Net Income) Margin	-10.55%	-2.21%	-3.44%	-6.57%	-296.15%	-4.83%	-19.70%	-24.89%	0.00%	0.39%
Tax Burden Percent	207.51%	61.13%	59.22%	104.75%	1,679.21%	51.63%	239.55%	265.39%	-111.55%	-3.73%
Interest Burden Percent	154.88%	271.71%	184.34%	243.48%	133.25%	202.28%	214.06%	181.63%	103.73%	138.87%
Effective Tax Rate	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	149.14%	0.00%
Return on Invested Capital (ROIC)	-3.46%	-1.72%	-2.09%	-0.87%	-9.17%	-0.27%	-0.51%	-2.09%	0.00%	0.00%
ROIC Less NNEP Spread (ROIC-NNEP)	-9.18%	-1.36%	-1.87%	-2.93%	420.24%	-0.82%	-5.13%	-13.34%	0.00%	0.00%
Return on Net Nonoperating Assets (RNNOA)	-2.95%	-0.73%	-1.03%	-1.47%	-54.17%	-0.49%	-3.02%	-8.17%	0.00%	0.00%
Return on Equity (ROE)	-6.41%	-2.45%	-3.12%	-2.33%	-63.35%	-0.77%	-3.53%	-10.26%	0.00%	0.00%
Cash Return on Invested Capital (CROIC)	-7.74%	65.18%	69.97%	80.16%	-4.67%	0.00%	0.00%	0.00%	159.69%	0.00%
Operating Return on Assets (OROA)	-1.51%	-0.52%	-1.21%	-0.85%	-4.25%	-0.36%	-0.54%	-1.13%	0.00%	0.00%
Return on Assets (ROA)	-4.84%	-0.87%	-1.33%	-2.17%	-95.15%	-0.38%	-2.78%	-5.46%	0.00%	0.00%
Return on Common Equity (ROCE)	-6.41%	-2.45%	-3.12%	-2.33%	-63.35%	-0.77%	-3.53%	-10.26%	0.00%	0.00%
Return on Equity Simple (ROE_SIMPLE)	0.00%	-85.80%	-89.25%	-95.56%	0.00%	-12.50%	-11.38%	-9.17%	0.00%	0.00%
Net Operating Profit after Tax (NOPAT)	-4.49	-3.39	-4.68	-1.91	-12	-2.72	-3.07	-4.33	-12	-12
NOPAT Margin	-4.02%	-3.28%	-4.01%	-1.62%	-10.20%	-2.58%	-2.59%	-3.60%	0.00%	-5.44%
Net Nonoperating Expense Percent (NNEP)	5.72%	-0.37%	-0.22%	2.07%	-429.41%	0.54%	4.62%	11.25%	-7.33%	-5.77%
Return On Investment Capital (ROIC_SIMPLE)	-0.74%	-	-	-	-1.26%	-	-	-	-0.93%	-
Cost of Revenue to Revenue	66.83%	0.00%	37.25%	37.44%	-110.09%	35.05%	37.48%	35.80%	0.00%	27.79%
SG&A Expenses to Revenue	52.51%	55.52%	53.41%	51.04%	55.64%	53.66%	52.74%	55.62%	0.00%	60.28%
R&D to Revenue	6.01%	6.71%	5.63%	5.67%	6.03%	5.39%	5.44%	5.98%	0.00%	6.76%
Operating Expenses to Revenue	38.92%	104.69%	68.47%	64.87%	224.67%	68.64%	66.22%	69.34%	0.00%	79.98%
Earnings before Interest and Taxes (EBIT)	-3.66	-1.38	-3.68	-3.04	-15	-4.87	-4.56	-6.22	26	-16
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	4.95	7.41	4.81	5.39	12	26	27	26	57	14
Valuation Ratios	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	1.01	1.08	1.26	1.15	1.15	0.35	0.41	0.26	0.32	0.35
Price to Tangible Book Value (P/TBV)	12.27	9.59	15.92	24.15	14.26	0.00	0.00	0.00	0.68	0.00
Price to Revenue (P/Rev)	0.86	0.97	1.10	0.98	1.03	2.03	1.28	0.54	0.53	0.00
Price to Earnings (P/E)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Enterprise Value to Invested Capital (EV/IC)	0.99	1.04	1.18	1.83	1.78	0.60	0.64	0.54	1.39	0.59
Enterprise Value to Revenue (EV/Rev)	1.18	1.31	1.44	2.00	1.99	5.61	3.24	1.85	1.53	0.00
Enterprise Value to EBITDA (EV/EBITDA)	23.52	20.22	13.79	13.02	9.97	5.07	6.04	6.12	8.94	0.00
Enterprise Value to EBIT (EV/EBIT)	0.00	0.00	0.00	0.00	0.00	65.21	0.00	0.00	0.00	0.00
Enterprise Value to NOPAT (EV/NOPAT)	0.00	0.00	0.00	0.00	0.00	99.66	0.00	0.00	0.00	0.00
Enterprise Value to Operating Cash Flow (EV/OCF)	37.43	41.69	18.38	27.78	24.45	101.52	0.00	23.61	28.73	12.58
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	1.06	1.08	1.34	0.00	0.00	0.00	0.00	0.00	0.00
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.58	0.54	0.60	1.31	1.24	0.73	0.72	0.70	0.70	0.75
Long-Term Debt to Equity	0.58	0.54	0.60	1.29	1.24	0.73	0.72	0.70	0.70	0.73
Financial Leverage	0.32	0.54	0.55	0.50	-0.13	0.61	0.59	0.61	-0.33	0.59
Leverage Ratio	2.48	2.05	2.09	2.44	2.44	2.17	2.21	2.14	1.57	2.22
Compound Leverage Factor	3.83	5.57	3.86	5.94	3.25	4.39	4.72	3.88	1.63	3.08
Debt to Total Capital	36.61%	35.14%	37.37%	56.73%	55.41%	42.06%	41.78%	41.24%	41.23%	42.82%
Short-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.78%	0.00%	0.00%	0.00%	0.00%	0.00%	1.09%
Long-Term Debt to Total Capital	36.61%	35.14%	37.37%	55.95%	55.41%	42.06%	41.78%	41.24%	41.23%	41.73%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	63.39%	64.86%	62.63%	43.27%	44.59%	57.94%	58.22%	58.76%	58.77%	57.18%
Debt to EBITDA	9.77	7.53	4.95	7.27	5.59	3.79	4.19	4.95	6.72	0.00
Net Debt to EBITDA	6.45	5.25	3.30	6.65	4.80	3.24	3.66	4.32	5.86	0.00
Long-Term Debt to EBITDA	9.77	7.53	4.95	7.17	5.59	3.79	4.19	4.95	6.72	0.00
Debt to NOPAT	-15.24	-10.24	-11.28	-26.46	-23.49	74.49	-257.01	-37.19	-16.36	0.00
Net Debt to NOPAT	-10.06	-7.13	-7.51	-24.20	-20.19	63.59	-224.43	-32.46	-14.26	0.00
Long-Term Debt to NOPAT	-15.24	-10.24	-11.28	-26.10	-23.49	74.49	-257.01	-37.19	-16.36	0.00
Altman Z-Score	0.53	0.65	0.71	0.48	0.49	0.42	0.51	0.51	0.69	0.00
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-
Current Ratio	1.92	1.94	1.94	2.68	2.78	2.91	2.67	2.57	2.48	2.51
Quick Ratio	1.05	1.00	1.06	0.66	0.79	1.34	1.24	1.23	0.62	1.33
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-30	578	624	698	-14	14	0.24	-1,204	0.00	-1,179
Operating Cash Flow to CapEx	801.87%	205.31%	241.34%	-1,378.56%	1,835.24%	1,035.41%	20.21%	-381.35%	-178.93%	53.61%
Free Cash Flow to Firm to Interest Expense	-6.59	119.81	123.26	159.88	-2.21	2.57	0.04	-237.14	0.00	-188.87
Operating Cash Flow to Interest Expense	4.63	0.25	0.60	-2.64	3.47	4.08	0.04	-1.42	0.00	0.46
Operating Cash Flow Less CapEx to Interest Expense	4.06	0.13	0.35	-2.83	3.28	3.68	-0.17	-1.79	0.00	-0.40
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.46	0.39	0.39	0.33	0.32	0.08	0.14	0.22	0.27	0.00
Accounts Receivable Turnover	6.90	4.04	3.80	3.73	6.92	0.75	1.30	1.99	4.01	0.00
Inventory Turnover	2.10	0.90	1.12	1.09	0.00	0.31	0.40	0.55	1.04	0.00
Fixed Asset Turnover	8.87	5.28	5.04	4.76	8.12	0.90	1.59	2.50	3.88	0.00
Accounts Payable Turnover	5.34	3.31	3.86	4.23	0.00	1.20	1.23	2.41	4.74	0.00
Days Sales Outstanding (DSO)	52.91	90.39	96.06	97.79	52.74	485.03	280.25	183.49	91.10	0.00
Days Inventory Outstanding (DIO)	173.86	407.19	326.65	334.52	0.00	1,187.40	920.34	665.98	349.44	0.00
Days Payable Outstanding (DPO)	68.30	110.21	94.47	86.30	0.00	304.41	297.88	151.56	77.08	0.00
Cash Conversion Cycle (CCC)	158.46	387.37	328.24	346.01	52.74	1,368.02	902.71	697.91	363.47	0.00
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-
Invested Capital	536	569	555	499	510	1,150	1,184	1,199	508	1,167
Invested Capital Turnover	0.86	0.53	0.52	0.54	0.90	0.11	0.20	0.58	0.91	0.00
Increase / (Decrease) in Invested Capital	26	-582	-629	-700	2.12	-17	-3.31	1,199	0.00	1,167
Enterprise Value (EV)	530	591	655	912	908	690	752	645	708	691
Market Capitalization	385	438	498	447	471	250	296	190	244	257
Book Value per Share	$13.83	$14.75	$14.44	$14.34	$15.43	$26.77	$27.59	$28.34	$29.08	$28.13
Tangible Book Value per Share	$1.14	$1.65	$1.15	$0.68	$1.24	($5.29)	($5.99)	($6.16)	$13.80	($6.14)
Total Capital	602	627	629	897	918	1,226	1,250	1,266	1,291	1,283
Total Debt	220	220	235	509	509	516	522	522	532	549
Total Long-Term Debt	220	220	235	502	509	516	522	522	532	535
Net Debt	145	153	157	466	437	440	456	456	464	433
Capital Expenditures (CapEx)	2.68	0.58	1.26	0.84	1.17	2.19	1.27	1.89	4.97	5.32
Debt-free, Cash-free Net Working Capital (DFCFNWC)	48	62	54	249	238	251	251	241	252	227
Debt-free Net Working Capital (DFNWC)	123	129	133	293	309	326	318	308	321	343
Net Working Capital (NWC)	123	129	133	285	309	326	318	308	321	329
Net Nonoperating Expense (NNE)	7.28	-1.10	-0.67	5.85	323	2.37	20	26	18	-13
Net Nonoperating Obligations (NNO)	154	162	161	111	100	440	456	456	-251	433
Total Depreciation and Amortization (D&A)	8.62	8.78	8.49	8.43	27	31	32	33	30	30
Debt-free, Cash-free Net Working Capital to Revenue	10.75%	13.79%	11.94%	54.69%	51.98%	204.16%	108.29%	69.30%	54.45%	0.00%
Debt-free Net Working Capital to Revenue	27.42%	28.59%	29.28%	64.26%	67.61%	265.55%	136.81%	88.38%	69.19%	0.00%
Net Working Capital to Revenue	27.42%	28.59%	29.28%	62.72%	67.61%	265.55%	136.81%	88.38%	69.19%	0.00%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	($0.42)	($0.08)	($0.15)	($0.29)	($12.65)	($0.19)	($0.89)	($1.14)	($1.17)	$0.03
Adjusted Weighted Average Basic Shares Outstanding	27.68M	27.60M	27.57M	27.29M	27.08M	26.54M	26.53M	26.38M	26.24M	26.09M
Adjusted Diluted Earnings per Share	($0.42)	($0.08)	($0.15)	($0.29)	($12.65)	($0.19)	($0.89)	($1.14)	($1.17)	$0.03
Adjusted Weighted Average Diluted Shares Outstanding	27.68M	27.60M	27.57M	27.29M	27.08M	26.54M	26.53M	26.38M	26.24M	26.09M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	27.68M	27.60M	27.57M	27.29M	27.08M	26.54M	26.53M	26.38M	26.24M	26.09M
Normalized Net Operating Profit after Tax (NOPAT)	1.98	-2.91	-1.17	0.62	-14	-0.39	-1.16	-2.57	15	-5.78
Normalized NOPAT Margin	1.78%	-2.81%	-1.00%	0.52%	-12.73%	-0.37%	-0.98%	-2.14%	0.00%	-2.69%
Pre Tax Income Margin	-5.08%	-3.62%	-5.80%	-6.27%	-17.64%	-9.36%	-8.22%	-9.38%	0.00%	-10.39%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	-0.79	-0.28	-0.73	-0.70	-2.42	-0.88	-0.77	-1.23	0.00	-2.57
NOPAT to Interest Expense	-0.97	-0.70	-0.92	-0.44	-1.87	-0.49	-0.52	-0.85	0.00	-1.87
EBIT Less CapEx to Interest Expense	-1.37	-0.41	-0.97	-0.89	-2.61	-1.27	-0.98	-1.60	0.00	-3.42
NOPAT Less CapEx to Interest Expense	-1.55	-0.82	-1.17	-0.63	-2.05	-0.88	-0.73	-1.23	0.00	-2.72
Payout Ratios	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	-846.21%	0.00%
Augmented Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	-846.21%	0.00%

Frequently Asked Questions About ZimVie's Financials

When does ZimVie's financial year end?

According to the most recent income statement we have on file, ZimVie's fiscal year ends in December. Their fiscal year 2024 ended on December 31, 2024.

How has ZimVie's net income changed over the last 3 years?

ZimVie's net income appears to be on an upward trend, with a most recent value of -$25.83 million in 2024, falling from -$95.25 million in 2021. The previous period was -$393.28 million in 2023. See where experts think ZimVie is headed by visiting ZimVie's forecast page.

What is ZimVie's operating income?

ZimVie's total operating income in 2024 was -$20.66 million, based on the following breakdown:

Total Gross Profit: $287.45 million
Total Operating Expenses: $308.11 million

How has ZimVie revenue changed over the last 3 years?

Over the last 3 years, ZimVie's total revenue changed from $472.31 million in 2021 to $449.75 million in 2024, a change of -4.8%.

How much debt does ZimVie have?

ZimVie's total liabilities were at $371.97 million at the end of 2024, a 53.3% decrease from 2023, and a 0.9% decrease since 2021.

How much cash does ZimVie have?

In the past 3 years, ZimVie's cash and equivalents has ranged from $68.28 million in 2022 to $100.40 million in 2021, and is currently $74.97 million as of their latest financial filing in 2024.

How has ZimVie's book value per share changed over the last 3 years?

Over the last 3 years, ZimVie's book value per share changed from 55.64 in 2021 to 13.83 in 2024, a change of -75.1%.

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This page (NASDAQ:ZIMV) was last updated on 5/29/2025 by MarketBeat.com Staff

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