Baxter International Inc. (BAX) vs Zimmer Biomet Holdings, Inc. (ZBH)
A side-by-side comparison of Baxter International Inc. and Zimmer Biomet Holdings, Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of August 4, 2026. Differences are shown without an overall score or investment verdict.
BAX
Baxter International Inc.
$27.75HealthcareDelayed quote: Aug 4, 2026, 10:55 AM EDT
ZBH
Zimmer Biomet Holdings, Inc.
$95.10HealthcareDelayed quote: Aug 4, 2026, 10:50 AM EDT
Total return — BAX vs ZBH
growth of $100 · dividends reinvested · last 25yBAX +71.5%ZBH +280.3%ZBH compounded faster
BAX ZBH
BAX vs ZBH: by the numbers
- •ZBH is the larger company ($18.40B vs $14.35B market cap).
- •ZBH is profitable (9.05% net margin) while BAX runs a net loss (-9.27%).
- •ZBH grew revenue faster over the past five years (4.21% vs -1.22% CAGR).
- •ZBH pays the higher dividend yield (0.99% vs 0.71%).
Metrics side by side
Valuation
| Metric | BAX | ZBH |
|---|---|---|
| P/E ratio | N/A | 25.19 |
| Forward P/E | 13.93 | 11.43 |
| P/S ratio | 1.27 | 2.26 |
| P/B ratio | 2.35 | 1.50 |
| EV / EBITDA | 32.51 | 11.25 |
| FCF yield | 4.66% | 9.66% |
Profitability
| Metric | BAX | ZBH |
|---|---|---|
| Gross margin | 30.08% | 61.62% |
| Operating margin | -2.39% | 15.61% |
| Net margin | -9.27% | 9.05% |
| ROE | -17.13% | 6.01% |
| ROIC | -1.79% | 5.48% |
Dividends
| Metric | BAX | ZBH |
|---|---|---|
| Dividend yield | 0.71% | 0.99% |
| Payout ratio | N/A | 26.97% |
Growth (annualized)
| Metric | BAX | ZBH |
|---|---|---|
| Revenue CAGR (5Y) | -1.22% | 4.21% |
| FCF CAGR (5Y) | -12.92% | 15.41% |
| Total return CAGR (5Y) | -16.43% | -7.45% |
Frequently asked
- Which has grown faster, BAX or ZBH?
- Over the past five years, ZBH grew revenue faster — BAX at a -1.22% CAGR versus ZBH at 4.21%.
- Does BAX or ZBH pay a bigger dividend?
- BAX yields 0.71% and ZBH yields 0.99% based on trailing dividends and the latest price.
- Is BAX or ZBH more profitable?
- ZBH runs the higher net margin — BAX at -9.27% versus ZBH at 9.05%.
- How have BAX and ZBH total returns compared?
- Over the past 10 years, BAX delivered -3.75% and ZBH delivered -1.82% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Baxter International P/E ratioZimmer Biomet P/E ratioBaxter International dividend yieldZimmer Biomet dividend yieldBaxter International ROEZimmer Biomet ROEBaxter International operating marginZimmer Biomet operating marginBaxter International revenue growthZimmer Biomet revenue growthBaxter International free cash flowZimmer Biomet free cash flow
Baxter International & Zimmer Biomet appear in these rankings
Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified August 4, 2026.