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Side-by-side financial comparison of OLIN Corp (OLN) 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 $1.6B, roughly 1.3× OLIN Corp). On growth, Zimmer Biomet posted the faster year-over-year revenue change (9.3% vs -3.7%). Over the past eight quarters, Zimmer Biomet's revenue compounded faster (3.7% CAGR vs -1.9%).

Olin Corporation is an American manufacturer of ammunition, chlorine, and sodium hydroxide. The company traces its roots to two companies, both founded in 1892: Franklin W. Olin's Equitable Powder Company and the Mathieson Alkali Works. Accidents at Olin chemical plants have exposed employees and nearby residents to health hazards.

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.

OLN vs ZBH — Head-to-Head

Bigger by revenue
ZBH
ZBH
1.3× larger
ZBH
$2.1B
$1.6B
OLN
Growing faster (revenue YoY)
ZBH
ZBH
+13.0% gap
ZBH
9.3%
-3.7%
OLN
Faster 2-yr revenue CAGR
ZBH
ZBH
Annualised
ZBH
3.7%
-1.9%
OLN

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
OLN
OLN
ZBH
ZBH
Revenue
$1.6B
$2.1B
Net Profit
$238.3M
Gross Margin
4.8%
64.6%
Operating Margin
17.9%
Net Margin
11.4%
Revenue YoY
-3.7%
9.3%
Net Profit YoY
30.5%
EPS (diluted)
$-0.73
$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
OLN
OLN
ZBH
ZBH
Q1 26
$1.6B
$2.1B
Q4 25
$1.7B
$2.2B
Q3 25
$1.7B
$2.0B
Q2 25
$1.8B
$2.1B
Q1 25
$1.6B
$1.9B
Q4 24
$1.7B
$2.0B
Q3 24
$1.6B
$1.8B
Q2 24
$1.6B
$1.9B
Net Profit
OLN
OLN
ZBH
ZBH
Q1 26
$238.3M
Q4 25
$-143.2M
$139.4M
Q3 25
$43.7M
$230.9M
Q2 25
$-2.8M
$152.8M
Q1 25
$1.2M
$182.0M
Q4 24
$10.1M
$239.5M
Q3 24
$-25.2M
$249.1M
Q2 24
$72.3M
$242.8M
Gross Margin
OLN
OLN
ZBH
ZBH
Q1 26
4.8%
64.6%
Q4 25
1.9%
64.7%
Q3 25
10.7%
72.1%
Q2 25
7.9%
71.5%
Q1 25
9.0%
71.2%
Q4 24
9.4%
71.0%
Q3 24
8.5%
70.5%
Q2 24
14.5%
71.5%
Operating Margin
OLN
OLN
ZBH
ZBH
Q1 26
17.9%
Q4 25
-9.4%
6.9%
Q3 25
4.8%
17.6%
Q2 25
2.0%
14.4%
Q1 25
2.7%
15.3%
Q4 24
2.8%
19.2%
Q3 24
1.0%
15.3%
Q2 24
8.3%
18.1%
Net Margin
OLN
OLN
ZBH
ZBH
Q1 26
11.4%
Q4 25
-8.6%
6.2%
Q3 25
2.6%
11.5%
Q2 25
-0.2%
7.4%
Q1 25
0.1%
9.5%
Q4 24
0.6%
11.8%
Q3 24
-1.6%
13.7%
Q2 24
4.4%
12.5%
EPS (diluted)
OLN
OLN
ZBH
ZBH
Q1 26
$-0.73
$1.22
Q4 25
$-1.25
$0.71
Q3 25
$0.37
$1.16
Q2 25
$-0.01
$0.77
Q1 25
$0.01
$0.91
Q4 24
$0.10
$1.18
Q3 24
$-0.21
$1.23
Q2 24
$0.62
$1.18

Balance Sheet & Financial Strength

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

Metric
OLN
OLN
ZBH
ZBH
Cash + ST InvestmentsLiquidity on hand
$192.2M
$424.2M
Total DebtLower is stronger
$3.0B
$7.5B
Stockholders' EquityBook value
$1.7B
$12.7B
Total Assets
$7.4B
$22.7B
Debt / EquityLower = less leverage
1.73×
0.59×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
OLN
OLN
ZBH
ZBH
Q1 26
$192.2M
$424.2M
Q4 25
$167.6M
$591.9M
Q3 25
$1.3B
Q2 25
$556.9M
Q1 25
$1.4B
Q4 24
$175.6M
$525.5M
Q3 24
$569.0M
Q2 24
$420.1M
Total Debt
OLN
OLN
ZBH
ZBH
Q1 26
$3.0B
$7.5B
Q4 25
$2.8B
Q3 25
$3.0B
Q2 25
$3.0B
Q1 25
$3.0B
Q4 24
$2.7B
Q3 24
$2.8B
Q2 24
$2.8B
Stockholders' Equity
OLN
OLN
ZBH
ZBH
Q1 26
$1.7B
$12.7B
Q4 25
$1.8B
$12.7B
Q3 25
$2.0B
$12.8B
Q2 25
$2.0B
$12.5B
Q1 25
$2.0B
$12.4B
Q4 24
$2.0B
$12.5B
Q3 24
$2.1B
$12.4B
Q2 24
$2.1B
$12.7B
Total Assets
OLN
OLN
ZBH
ZBH
Q1 26
$7.4B
$22.7B
Q4 25
$7.3B
$23.1B
Q3 25
$7.6B
$23.5B
Q2 25
$7.7B
$22.9B
Q1 25
$7.7B
$22.2B
Q4 24
$7.6B
$21.4B
Q3 24
$7.5B
$21.7B
Q2 24
$7.7B
$21.5B
Debt / Equity
OLN
OLN
ZBH
ZBH
Q1 26
1.73×
0.59×
Q4 25
1.55×
Q3 25
1.52×
Q2 25
1.52×
Q1 25
1.50×
Q4 24
1.34×
Q3 24
1.34×
Q2 24
1.31×

Cash Flow & Capital Efficiency

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

Metric
OLN
OLN
ZBH
ZBH
Operating Cash FlowLast quarter
$359.4M
Free Cash FlowOCF − Capex
$245.9M
FCF MarginFCF / Revenue
11.8%
Capex IntensityCapex / Revenue
2.8%
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
OLN
OLN
ZBH
ZBH
Q1 26
$359.4M
Q4 25
$321.2M
$517.4M
Q3 25
$26.7M
$418.7M
Q2 25
$212.3M
$378.2M
Q1 25
$-86.0M
$382.8M
Q4 24
$141.7M
$506.3M
Q3 24
$189.9M
$395.7M
Q2 24
$90.6M
$369.4M
Free Cash Flow
OLN
OLN
ZBH
ZBH
Q1 26
$245.9M
Q4 25
$442.6M
Q3 25
$-44.4M
$363.7M
Q2 25
$328.1M
Q1 25
$-147.4M
$338.2M
Q4 24
$90.7M
$454.8M
Q3 24
$146.6M
$351.2M
Q2 24
$34.1M
$316.7M
FCF Margin
OLN
OLN
ZBH
ZBH
Q1 26
11.8%
Q4 25
19.7%
Q3 25
-2.6%
18.2%
Q2 25
15.8%
Q1 25
-9.0%
17.7%
Q4 24
5.4%
22.5%
Q3 24
9.2%
19.3%
Q2 24
2.1%
16.3%
Capex Intensity
OLN
OLN
ZBH
ZBH
Q1 26
2.8%
Q4 25
3.3%
Q3 25
4.2%
2.7%
Q2 25
2.4%
Q1 25
3.7%
2.3%
Q4 24
3.1%
2.5%
Q3 24
2.7%
2.4%
Q2 24
3.4%
2.7%
Cash Conversion
OLN
OLN
ZBH
ZBH
Q1 26
1.51×
Q4 25
3.71×
Q3 25
0.61×
1.81×
Q2 25
2.48×
Q1 25
-71.67×
2.10×
Q4 24
14.03×
2.11×
Q3 24
1.59×
Q2 24
1.25×
1.52×

Financial Flow Comparison

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

Revenue Breakdown by Segment

OLN
OLN

Chlor Alkali Products and Vinyls$756.9M48%
Winchester$470.5M30%
Epoxy$355.6M22%

ZBH
ZBH

Segment breakdown not available.

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