Exelixis, Inc. (EXEL) vs Zimmer Biomet Holdings, Inc. (ZBH)

A side-by-side comparison of Exelixis, Inc. and Zimmer Biomet Holdings, Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of September 3, 2026. Differences are shown without an overall score or investment verdict.

Compare

Total returnEXEL vs ZBH

growth of $100 · dividends reinvested · last 10y
EXEL +434.0% (+18.2%/yr)ZBH -14.0% (-1.5%/yr)EXEL compounded faster over this window
Log scale — wide-divergence pair
101001kStart $10020182020202220242026$534$86
EXEL ZBH

EXEL vs ZBH: by the numbers

  • ZBH is the larger company ($19.13B vs $14.86B market cap).
  • EXEL trades at the lower trailing earnings multiple (18.35 vs 24.21 P/E), one valuation lens rather than an overall verdict.
  • EXEL converts more revenue to profit (35.33% vs 9.48% net margin).
  • EXEL grew revenue faster over the past five years (16.06% vs 2.89% CAGR).
  • ZBH pays a dividend (0.96% yield), while EXEL has no payments in the available dividend history.

Metrics side by side

Valuation

MetricEXELZBH
P/E ratio18.3524.21
Forward P/E19.6311.66
P/S ratio6.242.25
P/B ratio8.241.52
EV / EBITDA15.0911.22
FCF yield7.77%9.54%

Profitability

MetricEXELZBH
Gross margin96.48%61.62%
Operating margin39.88%15.73%
Net margin35.33%9.48%
ROE46.68%6.39%
ROIC37.87%5.51%

Dividends

MetricEXELZBH
Dividend yieldN/A0.96%
Payout ratioN/A26.97%

Growth (annualized)

MetricEXELZBH
Revenue CAGR (5Y)16.06%2.89%
EPS CAGR (5Y)51.51%N/A
FCF CAGR (5Y)40.17%6.49%
Total return CAGR (5Y)23.63%-6.41%

Frequently asked

Which has the lower trailing P/E, EXEL or ZBH?
EXEL has the lower trailing P/E: EXEL trades at 18.35 and ZBH at 24.21. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, EXEL or ZBH?
Over the past five years, EXEL grew revenue faster — EXEL at a 16.06% CAGR versus ZBH at 2.89%.
Does EXEL or ZBH pay a bigger dividend?
ZBH pays a dividend (0.96% yield), while EXEL has no payments in the available dividend history.
Is EXEL or ZBH more profitable?
EXEL runs the higher net margin — EXEL at 35.33% versus ZBH at 9.48%.
How have EXEL and ZBH total returns compared?
Over the past 10 years, EXEL delivered 17.63% and ZBH delivered -1.49% annualized total return. Past performance doesn't predict future results.

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 September 3, 2026.