Intuitive Surgical vs Zimmer Biomet
Intuitive Surgical is the larger business, with $10.06bn of revenue in fiscal 2025 against $8.23bn for Zimmer Biomet (1.2 times as much). Intuitive Surgical grew faster (20.5% against 7.2%). Intuitive Surgical kept more of each dollar of sales as profit: a net margin of 28.4% against 8.6%.
| Latest fiscal year | Intuitive SurgicalISRG, 2025 | Zimmer BiometZBH, 2025 |
|---|---|---|
| Revenue | $10.06bn | $8.23bn |
| Revenue growth | 20.5% | 7.2% |
| Net income | $2.86bn | $705m |
| Operating margin | 29.3% | — |
| Net margin | 28.4% | 8.6% |
| Return on equity | 16.7% | 5.6% |
| Free cash flow | $2.49bn | $1.47bn |
| Cash | $3.37bn | $592m |
| Total debt | $0 | $7.52bn |
| Debt to equity | 0.0% | — |
| Dividend per share | — | $0.96 |
| Dividend yield | — | 1.0% |
| Share buybacks | $2.30bn | $487m |
| Employees | 17,021 | 17,000 |
| Market value | $153.11bn | $18.64bn |
| Price vs our value range | Above our value range | Within our value range |
| Moat score | 89 (Strong) | 71 (Strong) |
| Insider trades, 12 months | 0 buys, 84 sales | 0 buys, 6 sales |