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Side-by-side financial comparison of DANA Inc (DAN) 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 $1.3B, roughly 1.6× DANA Inc). Zimmer Biomet runs the higher net margin — 11.4% vs -3.9%, a 15.3% gap on every dollar of revenue. On growth, Zimmer Biomet posted the faster year-over-year revenue change (9.3% vs -44.5%). DANA Inc produced more free cash flow last quarter ($345.0M vs $245.9M). Over the past eight quarters, Zimmer Biomet's revenue compounded faster (3.7% CAGR vs -31.2%).

Dana Incorporated is an American supplier of axles, driveshafts, and electrodynamic, thermal, sealing, and digital equipment for conventional, hybrid, and electric-powered vehicles. The company's products and services are aimed at the light vehicle and commercial vehicle equipment markets. Founded in 1904 and based in Maumee, Ohio, the company employs nearly 28,000 people in 33 countries. In 2022, Dana generated sales of $10.2 billion. The company is included in the Fortune 500.

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.

DAN vs ZBH — Head-to-Head

Bigger by revenue
ZBH
ZBH
1.6× larger
ZBH
$2.1B
$1.3B
DAN
Growing faster (revenue YoY)
ZBH
ZBH
+53.8% gap
ZBH
9.3%
-44.5%
DAN
Higher net margin
ZBH
ZBH
15.3% more per $
ZBH
11.4%
-3.9%
DAN
More free cash flow
DAN
DAN
$99.1M more FCF
DAN
$345.0M
$245.9M
ZBH
Faster 2-yr revenue CAGR
ZBH
ZBH
Annualised
ZBH
3.7%
-31.2%
DAN

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
DAN
DAN
ZBH
ZBH
Revenue
$1.3B
$2.1B
Net Profit
$-50.0M
$238.3M
Gross Margin
6.0%
64.6%
Operating Margin
-0.2%
17.9%
Net Margin
-3.9%
11.4%
Revenue YoY
-44.5%
9.3%
Net Profit YoY
37.5%
30.5%
EPS (diluted)
$-0.36
$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
DAN
DAN
ZBH
ZBH
Q1 26
$2.1B
Q4 25
$1.3B
$2.2B
Q3 25
$1.9B
$2.0B
Q2 25
$1.9B
$2.1B
Q1 25
$2.4B
$1.9B
Q4 24
$2.3B
$2.0B
Q3 24
$2.5B
$1.8B
Q2 24
$2.7B
$1.9B
Net Profit
DAN
DAN
ZBH
ZBH
Q1 26
$238.3M
Q4 25
$-50.0M
$139.4M
Q3 25
$83.0M
$230.9M
Q2 25
$27.0M
$152.8M
Q1 25
$25.0M
$182.0M
Q4 24
$-80.0M
$239.5M
Q3 24
$4.0M
$249.1M
Q2 24
$16.0M
$242.8M
Gross Margin
DAN
DAN
ZBH
ZBH
Q1 26
64.6%
Q4 25
6.0%
64.7%
Q3 25
8.7%
72.1%
Q2 25
7.1%
71.5%
Q1 25
9.4%
71.2%
Q4 24
5.7%
71.0%
Q3 24
9.9%
70.5%
Q2 24
9.3%
71.5%
Operating Margin
DAN
DAN
ZBH
ZBH
Q1 26
17.9%
Q4 25
-0.2%
6.9%
Q3 25
2.8%
17.6%
Q2 25
0.8%
14.4%
Q1 25
3.1%
15.3%
Q4 24
-1.5%
19.2%
Q3 24
3.6%
15.3%
Q2 24
3.8%
18.1%
Net Margin
DAN
DAN
ZBH
ZBH
Q1 26
11.4%
Q4 25
-3.9%
6.2%
Q3 25
4.3%
11.5%
Q2 25
1.4%
7.4%
Q1 25
1.1%
9.5%
Q4 24
-3.4%
11.8%
Q3 24
0.2%
13.7%
Q2 24
0.6%
12.5%
EPS (diluted)
DAN
DAN
ZBH
ZBH
Q1 26
$1.22
Q4 25
$-0.36
$0.71
Q3 25
$0.64
$1.16
Q2 25
$0.19
$0.77
Q1 25
$0.17
$0.91
Q4 24
$-0.55
$1.18
Q3 24
$0.03
$1.23
Q2 24
$0.11
$1.18

Balance Sheet & Financial Strength

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

Metric
DAN
DAN
ZBH
ZBH
Cash + ST InvestmentsLiquidity on hand
$469.0M
$424.2M
Total DebtLower is stronger
$2.6B
$7.5B
Stockholders' EquityBook value
$840.0M
$12.7B
Total Assets
$7.8B
$22.7B
Debt / EquityLower = less leverage
3.05×
0.59×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
DAN
DAN
ZBH
ZBH
Q1 26
$424.2M
Q4 25
$469.0M
$591.9M
Q3 25
$414.0M
$1.3B
Q2 25
$486.0M
$556.9M
Q1 25
$507.0M
$1.4B
Q4 24
$494.0M
$525.5M
Q3 24
$419.0M
$569.0M
Q2 24
$419.0M
$420.1M
Total Debt
DAN
DAN
ZBH
ZBH
Q1 26
$7.5B
Q4 25
$2.6B
Q3 25
$2.6B
Q2 25
$2.6B
Q1 25
$2.4B
Q4 24
$2.4B
Q3 24
$2.4B
Q2 24
$2.4B
Stockholders' Equity
DAN
DAN
ZBH
ZBH
Q1 26
$12.7B
Q4 25
$840.0M
$12.7B
Q3 25
$1.1B
$12.8B
Q2 25
$1.2B
$12.5B
Q1 25
$1.4B
$12.4B
Q4 24
$1.3B
$12.5B
Q3 24
$1.5B
$12.4B
Q2 24
$1.5B
$12.7B
Total Assets
DAN
DAN
ZBH
ZBH
Q1 26
$22.7B
Q4 25
$7.8B
$23.1B
Q3 25
$8.1B
$23.5B
Q2 25
$8.1B
$22.9B
Q1 25
$7.8B
$22.2B
Q4 24
$7.5B
$21.4B
Q3 24
$7.9B
$21.7B
Q2 24
$7.8B
$21.5B
Debt / Equity
DAN
DAN
ZBH
ZBH
Q1 26
0.59×
Q4 25
3.05×
Q3 25
2.35×
Q2 25
2.13×
Q1 25
1.76×
Q4 24
1.79×
Q3 24
1.65×
Q2 24
1.62×

Cash Flow & Capital Efficiency

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

Metric
DAN
DAN
ZBH
ZBH
Operating Cash FlowLast quarter
$406.0M
$359.4M
Free Cash FlowOCF − Capex
$345.0M
$245.9M
FCF MarginFCF / Revenue
26.6%
11.8%
Capex IntensityCapex / Revenue
4.7%
Cash ConversionOCF / Net Profit
1.51×
TTM Free Cash FlowTrailing 4 quarters
$298.0M
$1.4B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
DAN
DAN
ZBH
ZBH
Q1 26
$359.4M
Q4 25
$406.0M
$517.4M
Q3 25
$111.0M
$418.7M
Q2 25
$32.0M
$378.2M
Q1 25
$-37.0M
$382.8M
Q4 24
$302.0M
$506.3M
Q3 24
$35.0M
$395.7M
Q2 24
$215.0M
$369.4M
Free Cash Flow
DAN
DAN
ZBH
ZBH
Q1 26
$245.9M
Q4 25
$345.0M
$442.6M
Q3 25
$62.0M
$363.7M
Q2 25
$3.0M
$328.1M
Q1 25
$-112.0M
$338.2M
Q4 24
$149.0M
$454.8M
Q3 24
$-11.0M
$351.2M
Q2 24
$104.0M
$316.7M
FCF Margin
DAN
DAN
ZBH
ZBH
Q1 26
11.8%
Q4 25
26.6%
19.7%
Q3 25
3.2%
18.2%
Q2 25
0.2%
15.8%
Q1 25
-4.8%
17.7%
Q4 24
6.4%
22.5%
Q3 24
-0.4%
19.3%
Q2 24
3.8%
16.3%
Capex Intensity
DAN
DAN
ZBH
ZBH
Q1 26
Q4 25
4.7%
3.3%
Q3 25
2.6%
2.7%
Q2 25
1.5%
2.4%
Q1 25
3.2%
2.3%
Q4 24
6.6%
2.5%
Q3 24
1.9%
2.4%
Q2 24
4.1%
2.7%
Cash Conversion
DAN
DAN
ZBH
ZBH
Q1 26
1.51×
Q4 25
3.71×
Q3 25
1.34×
1.81×
Q2 25
1.19×
2.48×
Q1 25
-1.48×
2.10×
Q4 24
2.11×
Q3 24
8.75×
1.59×
Q2 24
13.44×
1.52×

Financial Flow Comparison

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

Revenue Breakdown by Segment

DAN
DAN

Light Vehicle Segment$912.0M70%
Commercial Vehicle Segment$218.0M17%
Other$166.0M13%

ZBH
ZBH

Segment breakdown not available.

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