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Side-by-side financial comparison of Ametek (AME) and Zimmer Biomet (ZBH). Click either name above to swap in a different company.

Zimmer Biomet is the larger business by last-quarter revenue ($2.1B vs $1.9B, roughly 1.1× Ametek). Ametek runs the higher net margin — 20.7% vs 11.4%, a 9.3% gap on every dollar of revenue. On growth, Ametek posted the faster year-over-year revenue change (11.3% vs 9.3%). Over the past eight quarters, Ametek's revenue compounded faster (5.4% CAGR vs 3.7%).

AMETEK, Inc. is an American multinational conglomerate and global designer and manufacturer of electronic instruments and electromechanical devices with headquarters in the United States and over 150 sites worldwide.

Zimmer Biomet Holdings, Inc. is a publicly traded American medical device company. It was founded in 1927 to produce aluminum splints. The firm is headquartered in Warsaw, Indiana, where it is part of the medical devices business cluster.

AME vs ZBH — Head-to-Head

Bigger by revenue
ZBH
ZBH
1.1× larger
ZBH
$2.1B
$1.9B
AME
Growing faster (revenue YoY)
AME
AME
+2.0% gap
AME
11.3%
9.3%
ZBH
Higher net margin
AME
AME
9.3% more per $
AME
20.7%
11.4%
ZBH
Faster 2-yr revenue CAGR
AME
AME
Annualised
AME
5.4%
3.7%
ZBH

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
AME
AME
ZBH
ZBH
Revenue
$1.9B
$2.1B
Net Profit
$399.4M
$238.3M
Gross Margin
37.2%
64.6%
Operating Margin
26.7%
17.9%
Net Margin
20.7%
11.4%
Revenue YoY
11.3%
9.3%
Net Profit YoY
13.5%
30.5%
EPS (diluted)
$1.74
$1.22

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
AME
AME
ZBH
ZBH
Q1 26
$1.9B
$2.1B
Q4 25
$2.0B
$2.2B
Q3 25
$1.9B
$2.0B
Q2 25
$1.8B
$2.1B
Q1 25
$1.7B
$1.9B
Q4 24
$1.8B
$2.0B
Q3 24
$1.7B
$1.8B
Q2 24
$1.7B
$1.9B
Net Profit
AME
AME
ZBH
ZBH
Q1 26
$399.4M
$238.3M
Q4 25
$398.6M
$139.4M
Q3 25
$371.4M
$230.9M
Q2 25
$358.4M
$152.8M
Q1 25
$351.8M
$182.0M
Q4 24
$387.3M
$239.5M
Q3 24
$340.2M
$249.1M
Q2 24
$337.7M
$242.8M
Gross Margin
AME
AME
ZBH
ZBH
Q1 26
37.2%
64.6%
Q4 25
36.0%
64.7%
Q3 25
36.3%
72.1%
Q2 25
35.8%
71.5%
Q1 25
36.1%
71.2%
Q4 24
36.6%
71.0%
Q3 24
36.0%
70.5%
Q2 24
36.0%
71.5%
Operating Margin
AME
AME
ZBH
ZBH
Q1 26
26.7%
17.9%
Q4 25
25.3%
6.9%
Q3 25
25.8%
17.6%
Q2 25
26.0%
14.4%
Q1 25
26.3%
15.3%
Q4 24
26.6%
19.2%
Q3 24
26.1%
15.3%
Q2 24
25.8%
18.1%
Net Margin
AME
AME
ZBH
ZBH
Q1 26
20.7%
11.4%
Q4 25
19.9%
6.2%
Q3 25
19.6%
11.5%
Q2 25
20.2%
7.4%
Q1 25
20.3%
9.5%
Q4 24
22.0%
11.8%
Q3 24
19.9%
13.7%
Q2 24
19.5%
12.5%
EPS (diluted)
AME
AME
ZBH
ZBH
Q1 26
$1.74
$1.22
Q4 25
$1.73
$0.71
Q3 25
$1.60
$1.16
Q2 25
$1.55
$0.77
Q1 25
$1.52
$0.91
Q4 24
$1.67
$1.18
Q3 24
$1.47
$1.23
Q2 24
$1.45
$1.18

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
AME
AME
ZBH
ZBH
Cash + ST InvestmentsLiquidity on hand
$481.3M
$424.2M
Total DebtLower is stronger
$7.5B
Stockholders' EquityBook value
$10.9B
$12.7B
Total Assets
$16.3B
$22.7B
Debt / EquityLower = less leverage
0.59×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AME
AME
ZBH
ZBH
Q1 26
$481.3M
$424.2M
Q4 25
$458.0M
$591.9M
Q3 25
$439.2M
$1.3B
Q2 25
$619.7M
$556.9M
Q1 25
$399.0M
$1.4B
Q4 24
$374.0M
$525.5M
Q3 24
$396.3M
$569.0M
Q2 24
$396.6M
$420.1M
Total Debt
AME
AME
ZBH
ZBH
Q1 26
$7.5B
Q4 25
$2.3B
Q3 25
Q2 25
Q1 25
Q4 24
$2.1B
Q3 24
Q2 24
Stockholders' Equity
AME
AME
ZBH
ZBH
Q1 26
$10.9B
$12.7B
Q4 25
$10.6B
$12.7B
Q3 25
$10.5B
$12.8B
Q2 25
$10.4B
$12.5B
Q1 25
$10.0B
$12.4B
Q4 24
$9.7B
$12.5B
Q3 24
$9.6B
$12.4B
Q2 24
$9.3B
$12.7B
Total Assets
AME
AME
ZBH
ZBH
Q1 26
$16.3B
$22.7B
Q4 25
$16.1B
$23.1B
Q3 25
$16.2B
$23.5B
Q2 25
$15.3B
$22.9B
Q1 25
$14.9B
$22.2B
Q4 24
$14.6B
$21.4B
Q3 24
$14.8B
$21.7B
Q2 24
$14.8B
$21.5B
Debt / Equity
AME
AME
ZBH
ZBH
Q1 26
0.59×
Q4 25
0.21×
Q3 25
Q2 25
Q1 25
Q4 24
0.22×
Q3 24
Q2 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
AME
AME
ZBH
ZBH
Operating Cash FlowLast quarter
$359.4M
Free Cash FlowOCF − Capex
$245.9M
FCF MarginFCF / Revenue
11.8%
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
1.51×
TTM Free Cash FlowTrailing 4 quarters
$1.4B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AME
AME
ZBH
ZBH
Q1 26
$359.4M
Q4 25
$584.3M
$517.4M
Q3 25
$440.9M
$418.7M
Q2 25
$359.1M
$378.2M
Q1 25
$417.5M
$382.8M
Q4 24
$550.0M
$506.3M
Q3 24
$487.2M
$395.7M
Q2 24
$381.4M
$369.4M
Free Cash Flow
AME
AME
ZBH
ZBH
Q1 26
$245.9M
Q4 25
$527.3M
$442.6M
Q3 25
$420.0M
$363.7M
Q2 25
$329.8M
$328.1M
Q1 25
$394.5M
$338.2M
Q4 24
$498.3M
$454.8M
Q3 24
$460.9M
$351.2M
Q2 24
$360.0M
$316.7M
FCF Margin
AME
AME
ZBH
ZBH
Q1 26
11.8%
Q4 25
26.4%
19.7%
Q3 25
22.2%
18.2%
Q2 25
18.5%
15.8%
Q1 25
22.8%
17.7%
Q4 24
28.3%
22.5%
Q3 24
27.0%
19.3%
Q2 24
20.8%
16.3%
Capex Intensity
AME
AME
ZBH
ZBH
Q1 26
Q4 25
2.9%
3.3%
Q3 25
1.1%
2.7%
Q2 25
1.6%
2.4%
Q1 25
1.3%
2.3%
Q4 24
2.9%
2.5%
Q3 24
1.5%
2.4%
Q2 24
1.2%
2.7%
Cash Conversion
AME
AME
ZBH
ZBH
Q1 26
1.51×
Q4 25
1.47×
3.71×
Q3 25
1.19×
1.81×
Q2 25
1.00×
2.48×
Q1 25
1.19×
2.10×
Q4 24
1.42×
2.11×
Q3 24
1.43×
1.59×
Q2 24
1.13×
1.52×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

AME
AME

Electronic Instruments$1.3B66%
Electromechanical$663.9M34%

ZBH
ZBH

Segment breakdown not available.

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