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ZimVie Gross Margin %

: 63.58% (As of Mar. 2022)
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Gross Margin % is calculated as gross profit divided by its revenue. ZimVie's Gross Profit for the three months ended in Mar. 2022 was $149.8 Mil. ZimVie's Revenue for the three months ended in Mar. 2022 was $235.6 Mil. Therefore, ZimVie's Gross Margin % for the quarter that ended in Mar. 2022 was 63.58%.


The historical rank and industry rank for ZimVie's Gross Margin % or its related term are showing as below:

ZIMV' s Gross Margin % Range Over the Past 10 Years
Min: 61.98   Med: 65.45   Max: 68.37
Current: 57.42


During the past 4 years, the highest Gross Margin % of ZimVie was 68.37%. The lowest was 61.98%. And the median was 65.45%.

ZIMV's Gross Margin % is ranked better than
56.67% of 780 companies
in the Medical Devices & Instruments industry
Industry Median: 53.13 vs ZIMV: 57.42

ZimVie had a gross margin of 63.58% for the quarter that ended in Mar. 2022 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for ZimVie was 0.00% per year.


ZimVie Gross Margin % Historical Data

The historical data trend for ZimVie's Gross Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

ZimVie Annual Data
Trend Dec18 Dec19 Dec20 Dec21
Gross Margin %
65.18 68.37 65.71 61.98

ZimVie Quarterly Data
Dec18 Dec19 Dec20 Mar21 Sep21 Dec21 Mar22
Gross Margin % Premium Member Only Premium Member Only 66.50 67.18 - 51.87 63.58

Competitive Comparison

For the Medical Devices subindustry, ZimVie's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

   

ZimVie Gross Margin % Distribution

For the Medical Devices & Instruments industry and Healthcare sector, ZimVie's Gross Margin % distribution charts can be found below:

* The bar in red indicates where ZimVie's Gross Margin % falls into.



ZimVie Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

ZimVie's Gross Margin for the fiscal year that ended in Dec. 2021 is calculated as

Gross Margin % (A: Dec. 2021 )=Gross Profit (A: Dec. 2021 ) / Revenue (A: Dec. 2021 )
=628.8 / 1014.6
=(Revenue - Cost of Goods Sold) / Revenue
=(1014.6 - 385.8) / 1014.6
=61.98 %

ZimVie's Gross Margin for the quarter that ended in Mar. 2022 is calculated as


Gross Margin % (Q: Mar. 2022 )=Gross Profit (Q: Mar. 2022 ) / Revenue (Q: Mar. 2022 )
=149.8 / 235.601
=(Revenue - Cost of Goods Sold) / Revenue
=(235.601 - 85.807) / 235.601
=63.58 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


ZimVie  (NAS:ZIMV) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

ZimVie had a gross margin of 63.58% for the quarter that ended in Mar. 2022 => Durable competitive advantage


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


ZimVie Gross Margin % Related Terms

Thank you for viewing the detailed overview of ZimVie's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


ZimVie Business Description

ZimVie logo
Traded in Other Exchanges
Address
345 East Main Street, Warsaw, IN, USA, 46580
ZimVie Inc is focused on the dental and spine markets and their respective growth drivers such as implants, surgical tools, bone graft substitutes, spinal fusion implants, non-fusion alternatives, and digital care management solutions.
Executives
Crawford Sally director C/O HOLOGIC, INC. BEDFORD MA 01730
Kuntz Richard director MEDTRONIC, INC. 710 MEDTRONIC PWKY MS LC 310 MINNEAPOLIS MN 55432
Asar Vinit K director 10910 DOMAIN DRIVE, SUITE 300 AUSTIN TX 78758
Matusinec Karen director C/O ZIMVIE INC. 10225 WESTMOOR DRIVE WESTMINSTER CO 80021
King David P director PRIVIA HEALTH GROUP, INC. 950 N. GLEBE RD., SUITE 700 ARLINGTON VA 22203
Zimmer Biomet Holdings, Inc. 10 percent owner 345 EAST MAIN STREET WARSAW IN 46580
Whitney Rebecca Ann officer: See Remarks 10225 WESTMOOR DRIVE WESTMINSTER CO 80021
Harmon David John officer: See Remarks 10225 WESTMOOR DRIVE WESTMINSTER CO 80021
Jamali Vafa director, officer: See Remarks C/O ZIMVIE INC. 10225 WESTMOOR DRIVE WESTMINSTER CO 80021
Kanaglekar Indraneel officer: See Remarks C/O ZIMVIE INC. 10225 WESTMOOR DRIVE WESTMINSTER CO 80021
Kidwell Heather officer: See Remarks C/O ZIMVIE INC. 10225 WESTMOOR DRIVE WESTMINSTER CO 80021
Schneider Sandra officer: Chief Accounting Officer C/O ZIMVIE INC. 10225 WESTMOOR DRIVE WESTMINSTER CO 80021
Heppenstall Richard officer: See Remarks C/O ZIMVIE INC. 10225 WESTMOOR DRIVE WESTMINSTER CO 80021
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