Is INCY or ZBH cheaper?

On trailing earnings, INCY is cheaper: INCY trades at a 13.87 P/E and ZBH at 22.85.

Which has grown faster, INCY or ZBH?

Over the past five years, INCY grew revenue faster — INCY at a 14.68% CAGR versus ZBH at 4.21%.

Does INCY or ZBH pay a bigger dividend?

ZBH pays a dividend (1.09% yield) while INCY does not currently pay one.

Is INCY or ZBH more profitable?

INCY runs the higher net margin — INCY at 26.71% versus ZBH at 9.05%.

Which has been the better investment, INCY or ZBH?

Over the past 10-year, INCY delivered the higher annualized total return — INCY at 2.45% versus ZBH at -1.68%. Past performance doesn't predict future results.

Incyte Corporation (INCY) vs Zimmer Biomet Holdings, Inc. (ZBH)

INCY leads on 11 of 15 compared metrics.

A side-by-side comparison of Incyte Corporation and Zimmer Biomet Holdings, Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 21, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

Zimmer Biomet Holdings, Inc.

$17.02B

$87.97Healthcare

Total return — INCY vs ZBH

growth of $100 · last 25y

INCY +452.7%ZBH +204.7%INCY compounded faster

INCY ZBH

INCY vs ZBH: by the numbers

•INCY is the larger company ($19.62B vs $17.02B market cap).
•INCY trades at the lower earnings multiple (13.87 vs 22.85 P/E).
•INCY converts more revenue to profit (26.71% vs 9.05% net margin).
•INCY grew revenue faster over the past five years (14.68% vs 4.21% CAGR).
•ZBH pays a dividend (1.09% yield) while INCY does not currently pay one.

Which is better, INCY or ZBH?

Metric tally: INCY 11 · ZBH 4

It depends on what you're optimizing for:

ValueINCY(lower P/E)

GrowthINCY(faster 5Y revenue CAGR)

QualityINCY(higher ROIC)

Metrics side by side

Valuation

Metric	INCY	ZBH
P/E ratio	13.87●	22.85
Forward P/E	11.04	9.77●
P/S ratio	3.79	2.05●
P/B ratio	3.66	1.36●
PEG ratio	0.65	—
EV / EBITDA	9.03●	11.00
FCF yield	7.14%	10.66%●

Profitability

Metric	INCY	ZBH
Gross margin	92.48%●	70.03%
Operating margin	27.05%●	15.61%
Net margin	26.71%●	9.05%
ROE	25.79%●	6.01%
ROIC	20.58%●	5.48%

Dividends

Metric	INCY	ZBH
Dividend yield	—	1.09%
Payout ratio	—	26.97%

Growth (annualized)

Metric	INCY	ZBH
Revenue CAGR (5Y)	14.68%●	4.21%
EPS CAGR (5Y)	21.19%●	-7.05%
FCF CAGR (5Y)	20.60%●	15.41%
Total return CAGR (5Y)	3.19%●	-9.82%

Frequently asked

Which is better, INCY or ZBH?: It depends on your goal. value: INCY (lower P/E); growth: INCY (faster 5Y revenue CAGR); quality: INCY (higher ROIC). Across all compared metrics, INCY leads 11 to 4.
Is INCY or ZBH cheaper?: On trailing earnings, INCY is cheaper: INCY trades at a 13.87 P/E and ZBH at 22.85.
Which has grown faster, INCY or ZBH?: Over the past five years, INCY grew revenue faster — INCY at a 14.68% CAGR versus ZBH at 4.21%.
Does INCY or ZBH pay a bigger dividend?: ZBH pays a dividend (1.09% yield) while INCY does not currently pay one.
Is INCY or ZBH more profitable?: INCY runs the higher net margin — INCY at 26.71% versus ZBH at 9.05%.
Which has been the better investment, INCY or ZBH?: Over the past 10-year, INCY delivered the higher annualized total return — INCY at 2.45% versus ZBH at -1.68%. Past performance doesn't predict future results.

Go deeper

Full INCY analysis Full ZBH analysis Interactive comparison tool

Dig into the metrics

Incyte P/E ratio Zimmer Biomet P/E ratio Incyte dividend yield Zimmer Biomet dividend yield Incyte ROE Zimmer Biomet ROE Incyte operating margin Zimmer Biomet operating margin Incyte revenue growth Zimmer Biomet revenue growth Incyte free cash flow Zimmer Biomet free cash flow

Incyte & Zimmer Biomet appear in these rankings

Highest ROE Stocks Highest ROIC Stocks Highest FCF Yield Stocks Lowest P/E Ratio Stocks

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 June 21, 2026.