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

TELUS CORP is the larger business by last-quarter revenue ($3.7B vs $2.1B, roughly 1.8× Zimmer Biomet). Zimmer Biomet runs the higher net margin — 11.4% vs -4.8%, a 16.2% gap on every dollar of revenue. On growth, Zimmer Biomet posted the faster year-over-year revenue change (9.3% vs 2.2%).

Telus Corporation is a Canadian publicly traded holding company and conglomerate, headquartered in Vancouver, British Columbia, which is the parent company of several subsidiaries: Telus Communications offers telephony, television, data and Internet services; Telus Mobility offers wireless services; Telus Health operates companies that provide health products and services; and Telus Digital operates worldwide, providing multilingual customer service outsourcing and digital IT services. Telus ...

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.

TU vs ZBH — Head-to-Head

Bigger by revenue
TU
TU
1.8× larger
TU
$3.7B
$2.1B
ZBH
Growing faster (revenue YoY)
ZBH
ZBH
+7.1% gap
ZBH
9.3%
2.2%
TU
Higher net margin
ZBH
ZBH
16.2% more per $
ZBH
11.4%
-4.8%
TU

Income Statement — Q2 FY2025 vs Q1 FY2026

Metric
TU
TU
ZBH
ZBH
Revenue
$3.7B
$2.1B
Net Profit
$-178.8M
$238.3M
Gross Margin
90.2%
64.6%
Operating Margin
3.4%
17.9%
Net Margin
-4.8%
11.4%
Revenue YoY
2.2%
9.3%
Net Profit YoY
-210.9%
30.5%
EPS (diluted)
$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
TU
TU
ZBH
ZBH
Q1 26
$2.1B
Q4 25
$2.2B
Q3 25
$2.0B
Q2 25
$3.7B
$2.1B
Q1 25
$1.9B
Q4 24
$2.0B
Q3 24
$1.8B
Q2 24
$3.6B
$1.9B
Net Profit
TU
TU
ZBH
ZBH
Q1 26
$238.3M
Q4 25
$139.4M
Q3 25
$230.9M
Q2 25
$-178.8M
$152.8M
Q1 25
$182.0M
Q4 24
$239.5M
Q3 24
$249.1M
Q2 24
$161.3M
$242.8M
Gross Margin
TU
TU
ZBH
ZBH
Q1 26
64.6%
Q4 25
64.7%
Q3 25
72.1%
Q2 25
90.2%
71.5%
Q1 25
71.2%
Q4 24
71.0%
Q3 24
70.5%
Q2 24
87.9%
71.5%
Operating Margin
TU
TU
ZBH
ZBH
Q1 26
17.9%
Q4 25
6.9%
Q3 25
17.6%
Q2 25
3.4%
14.4%
Q1 25
15.3%
Q4 24
19.2%
Q3 24
15.3%
Q2 24
13.7%
18.1%
Net Margin
TU
TU
ZBH
ZBH
Q1 26
11.4%
Q4 25
6.2%
Q3 25
11.5%
Q2 25
-4.8%
7.4%
Q1 25
9.5%
Q4 24
11.8%
Q3 24
13.7%
Q2 24
4.4%
12.5%
EPS (diluted)
TU
TU
ZBH
ZBH
Q1 26
$1.22
Q4 25
$0.71
Q3 25
$1.16
Q2 25
$0.77
Q1 25
$0.91
Q4 24
$1.18
Q3 24
$1.23
Q2 24
$1.18

Balance Sheet & Financial Strength

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

Metric
TU
TU
ZBH
ZBH
Cash + ST InvestmentsLiquidity on hand
$2.7B
$424.2M
Total DebtLower is stronger
$7.5B
Stockholders' EquityBook value
$11.8B
$12.7B
Total Assets
$44.3B
$22.7B
Debt / EquityLower = less leverage
0.59×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
TU
TU
ZBH
ZBH
Q1 26
$424.2M
Q4 25
$591.9M
Q3 25
$1.3B
Q2 25
$2.7B
$556.9M
Q1 25
$1.4B
Q4 24
$525.5M
Q3 24
$569.0M
Q2 24
$676.7M
$420.1M
Total Debt
TU
TU
ZBH
ZBH
Q1 26
$7.5B
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Stockholders' Equity
TU
TU
ZBH
ZBH
Q1 26
$12.7B
Q4 25
$12.7B
Q3 25
$12.8B
Q2 25
$11.8B
$12.5B
Q1 25
$12.4B
Q4 24
$12.5B
Q3 24
$12.4B
Q2 24
$12.4B
$12.7B
Total Assets
TU
TU
ZBH
ZBH
Q1 26
$22.7B
Q4 25
$23.1B
Q3 25
$23.5B
Q2 25
$44.3B
$22.9B
Q1 25
$22.2B
Q4 24
$21.4B
Q3 24
$21.7B
Q2 24
$41.8B
$21.5B
Debt / Equity
TU
TU
ZBH
ZBH
Q1 26
0.59×
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
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
TU
TU
ZBH
ZBH
Operating Cash FlowLast quarter
$851.2M
$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
TU
TU
ZBH
ZBH
Q1 26
$359.4M
Q4 25
$517.4M
Q3 25
$418.7M
Q2 25
$851.2M
$378.2M
Q1 25
$382.8M
Q4 24
$506.3M
Q3 24
$395.7M
Q2 24
$1.0B
$369.4M
Free Cash Flow
TU
TU
ZBH
ZBH
Q1 26
$245.9M
Q4 25
$442.6M
Q3 25
$363.7M
Q2 25
$328.1M
Q1 25
$338.2M
Q4 24
$454.8M
Q3 24
$351.2M
Q2 24
$316.7M
FCF Margin
TU
TU
ZBH
ZBH
Q1 26
11.8%
Q4 25
19.7%
Q3 25
18.2%
Q2 25
15.8%
Q1 25
17.7%
Q4 24
22.5%
Q3 24
19.3%
Q2 24
16.3%
Capex Intensity
TU
TU
ZBH
ZBH
Q1 26
Q4 25
3.3%
Q3 25
2.7%
Q2 25
2.4%
Q1 25
2.3%
Q4 24
2.5%
Q3 24
2.4%
Q2 24
2.7%
Cash Conversion
TU
TU
ZBH
ZBH
Q1 26
1.51×
Q4 25
3.71×
Q3 25
1.81×
Q2 25
2.48×
Q1 25
2.10×
Q4 24
2.11×
Q3 24
1.59×
Q2 24
6.28×
1.52×

Financial Flow Comparison

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

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