Zimmer Biomet Holdings Inc (ZBH) — Free Cash Flow Generation Index

Latest as of September 2025: 1.30x

Zimmer Biomet Holdings Inc (ZBH) has a Free Cash Flow Generation Index of 1.30x as of September 2025. Free cash flow of $545.80 Million represents 1% of operating cash flow ($418.70 Million). Explore Zimmer Biomet Holdings Inc capital reinvestment ratio to see what proportion of operating cash flow is directed to capital expenditures.

FCF Generation Index

1.30x
Free Cash Flow / Operating CF

Free Cash Flow

$545.80 Million
USD

Operating Cash Flow

$418.70 Million
USD

Capital Expenditures

$127.10 Million
USD

Zimmer Biomet Holdings Inc Free Cash Flow Generation Index (1998–2024)

Historical FCF Generation Index trend for Zimmer Biomet Holdings Inc across 27 annual periods. For the full cash flow conversion analysis, see ZBH cash flow metrics.

Annual Free Cash Flow Generation for Zimmer Biomet Holdings Inc (1998–2024)

Year-by-year Free Cash Flow Generation Index for Zimmer Biomet Holdings Inc. Check Zimmer Biomet Holdings Inc investment reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.

Year FCG Index Free Cash Flow (USD) Operating CF Capital Expenditures YoY Change
2024 0.76x $1.14 Billion $1.50 Billion $356.80 Million ▲ +1.5%
2023 0.75x $1.19 Billion $1.58 Billion $394.50 Million ▼ -12.1%
2022 0.85x $1.10 Billion $1.28 Billion $187.90 Million ▼ -5.0%
2021 0.90x $1.35 Billion $1.50 Billion $152.00 Million ▼ -0.4%
2020 0.90x $1.09 Billion $1.20 Billion $117.90 Million ▲ +21.1%
2019 0.74x $1.18 Billion $1.59 Billion $404.70 Million ▼ -17.9%
2018 0.91x $1.58 Billion $1.75 Billion $162.70 Million ▲ +0.6%
2017 0.90x $1.43 Billion $1.58 Billion $156.00 Million ▲ +1.6%
2016 0.89x $1.45 Billion $1.63 Billion $184.70 Million ▲ +10.5%
2015 0.80x $682.10 Million $849.80 Million $167.70 Million ▼ -7.0%
2014 0.86x $915.60 Million $1.06 Billion $144.90 Million ▼ -3.7%
2013 0.90x $863.10 Million $963.10 Million $100.00 Million ▼ -0.5%
2012 0.90x $1.04 Billion $1.15 Billion $114.70 Million ▼ -0.3%
2011 0.90x $1.06 Billion $1.18 Billion $113.80 Million ▼ -2.5%
2010 0.93x $1.11 Billion $1.19 Billion $87.70 Million ▲ +21.4%
2009 0.76x $852.90 Million $1.12 Billion $264.60 Million ▲ +79.7%
2008 0.42x $440.80 Million $1.04 Billion $597.30 Million ▼ -38.9%
2007 0.69x $753.20 Million $1.08 Billion $331.20 Million ▼ -6.4%
2006 0.74x $772.40 Million $1.04 Billion $268.30 Million ▼ -15.7%
2005 0.88x $772.90 Million $878.20 Million $105.30 Million ▼ -0.3%
2004 0.88x $761.40 Million $862.20 Million $100.80 Million ▲ +29.9%
2003 0.68x $336.30 Million $494.80 Million $158.50 Million ▼ -19.8%
2002 0.85x $186.50 Million $220.20 Million $33.70 Million ▲ +24.3%
2001 0.68x $117.10 Million $171.80 Million $54.70 Million ▼ -22.1%
2000 0.88x $203.40 Million $232.40 Million $29.00 Million ▲ +7.2%
1999 0.82x $147.00 Million $180.00 Million $33.00 Million ▼ -9.2%
1998 0.90x $179.00 Million $199.00 Million $20.00 Million
FCG Index = Free Cash Flow / Operating Cash Flow. FCF = Operating CF + Capital Expenditures (capex stored negative).