BSX vs. ZBH: Boston Scientific vs. Zimmer Biomet Stock Comparison

November 11, 2026

How do Boston Scientific (BSX) and Zimmer Biomet (ZBH) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.

Company Profile

Boston Scientific (BSX) and Zimmer Biomet (ZBH) are both classified in the Health Care Equipment sub-industry within the broader Health Care Equipment & Supplies industry, placing them in the closest GICS peer bucket.

Company profile comparison for Boston Scientific (BSX) and Zimmer Biomet (ZBH)
Profile Item	BSX	ZBH
Name	Boston Scientific Corp.	Zimmer Biomet Holdings Inc.
Country/Region	United States	United States
GICS Sector	Health Care	Health Care
GICS Industry Group	Health Care Equipment & Services	Health Care Equipment & Services
GICS Industry	Health Care Equipment & Supplies	Health Care Equipment & Supplies
GICS Sub-Industry	Health Care Equipment	Health Care Equipment
Market Capitalization	61.96 billion USD	19.98 billion USD
Currency	USD	USD
Exchange	NYSE	NYSE
Listing Date	May 19, 1992	July 25, 2001
Security Type	Common Stock	Common Stock

Price Performance

Cumulative Growth

BSX

ZBH

GSPC

Boston Scientific (BSX) vs. Zimmer Biomet (ZBH), with S&P 500 (GSPC) for reference: Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Trailing Returns

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Trailing total returns for Boston Scientific (BSX) and Zimmer Biomet (ZBH). Returns over one year are annualized.

Calendar-Year Returns

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Calendar-year total returns for Boston Scientific (BSX) and Zimmer Biomet (ZBH). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for Boston Scientific (BSX) and Zimmer Biomet (ZBH)
Metric	BSX	ZBH
Total Return (1Y)	-55.98%	24.04%
Total Return (3Y, Annualized)	-5.05%	2.38%
Total Return (5Y, Annualized)	0.57%	-2.74%

Risk Profile

Drawdown History

BSX

ZBH

GSPC

Boston Scientific (BSX) vs. Zimmer Biomet (ZBH), with S&P 500 (GSPC) for reference: Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Return Distribution

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Distribution of monthly total returns for Boston Scientific (BSX) and Zimmer Biomet (ZBH). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for Boston Scientific (BSX) and Zimmer Biomet (ZBH)
Metric	BSX	ZBH
Volatility (1Y, Annualized)	40.16%	32.39%
Beta (5Y)	0.57	0.42
Max Drawdown (5Y)	-61.55%	-43.94%
Avg. Volume (3M)	19.73M	2.09M

Risk-Adjusted Performance

Risk-Return Positioning

BSX and ZBH are plotted by 1-year volatility (risk) and 1-year return. The dashed Capital Allocation Line runs from the risk-free rate through the shared industry median.

Risk-Adjusted Metrics

Risk-adjusted metrics for Boston Scientific (BSX) and Zimmer Biomet (ZBH)
Metric	BSX	ZBH
Sharpe Ratio (1Y)	-1.50	0.61
Sortino Ratio (1Y)	-1.80	0.93

Profitability

ROE (TTM)

Both Boston Scientific (BSX) at 14.12% and Zimmer Biomet (ZBH) at 6.03% land near their industries’ usual ROE ranges, so capital efficiency looks broadly in line with peers on both sides.

BSX

Health Care Equipment & Services industry group

14.12%

Max: 47.61%
Q3: 14.36%
BSX: 14.12%
Median: 5.45%
Q1: -10.67%
Min: -47.01%

ZBH

Health Care Equipment & Services industry group

6.03%

Max: 47.61%
Q3: 14.36%
ZBH: 6.03%
Median: 5.45%
Q1: -10.67%
Min: -47.01%

Boston Scientific (BSX) vs. Zimmer Biomet (ZBH): A comparison of their ROE against the Health Care Equipment & Services industry group benchmark.

Net Margin (TTM)

Boston Scientific (BSX) at 16.62% retains a top-quartile share of revenue as profit, ahead of Zimmer Biomet (ZBH) at 8.95%, which keeps about the industry-typical share.

BSX

Health Care Equipment & Services industry group

16.62%

Max: 29.35%
BSX: 16.62%
Q3: 9.33%
Median: 2.18%
Q1: -6.29%
Min: -28.46%

ZBH

Health Care Equipment & Services industry group

8.95%

Max: 29.35%
Q3: 9.33%
ZBH: 8.95%
Median: 2.18%
Q1: -6.29%
Min: -28.46%

Boston Scientific (BSX) vs. Zimmer Biomet (ZBH): A comparison of their net margin against the Health Care Equipment & Services industry group benchmark.

Operating Margin (TTM)

Both Boston Scientific (BSX) at 19.05% and Zimmer Biomet (ZBH) at 17.35% convert sales into operating profit at a top-quartile rate, pointing to tighter cost discipline before financing and tax.

BSX

Health Care Equipment & Services industry group

19.05%

Max: 35.43%
BSX: 19.05%
Q3: 14.14%
Median: 6.81%
Q1: -0.28%
Min: -16.29%

ZBH

Health Care Equipment & Services industry group

17.35%

Max: 35.43%
ZBH: 17.35%
Q3: 14.14%
Median: 6.81%
Q1: -0.28%
Min: -16.29%

Boston Scientific (BSX) vs. Zimmer Biomet (ZBH): A comparison of their operating margin against the Health Care Equipment & Services industry group benchmark.

Profitability Metrics

Profitability metrics for Boston Scientific (BSX) and Zimmer Biomet (ZBH)
Metric	BSX	ZBH
ROE (TTM)	14.12%	6.03%
ROA (TTM)	5.87%	3.81%
Net Margin (TTM)	16.62%	8.95%
Operating Margin (TTM)	19.05%	17.35%
Gross Margin (TTM)	67.98%	69.33%

Growth

Revenue Growth

Both Boston Scientific (BSX) at 19.87% and Zimmer Biomet (ZBH) at 7.20% land near their industries' usual revenue growth ranges, so top-line momentum looks broadly in line with peers on both sides.

Boston Scientific (BSX) vs. Zimmer Biomet (ZBH): A comparison of their Revenue Growth across different time periods.

EPS Growth

Boston Scientific (BSX) at 55.20% sits in the top EPS growth quartile, while Zimmer Biomet (ZBH) at -19.86% is closer to the peer norm — faster per-share earnings growth for BSX.

Boston Scientific (BSX) vs. Zimmer Biomet (ZBH): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for Boston Scientific (BSX) and Zimmer Biomet (ZBH)
Metric	BSX	ZBH
Revenue Growth (YoY)	19.87%	7.20%
Revenue Growth (3Y CAGR)	16.54%	5.85%
EPS Growth (YoY)	55.20%	-19.86%
EPS Growth (3Y CAGR)	62.75%	47.78%

Financial Strength

Current Ratio (MRQ)

Zimmer Biomet (ZBH) at 1.46 keeps current ratio within its industry’s typical mid-range, while Boston Scientific (BSX) at 1.37 runs in the tighter-liquidity quartile — a thinner cushion against current liabilities for BSX.

BSX

Health Care Equipment & Services industry group

1.37

Max: 7.59
Q3: 4.00
Median: 1.98
Q1: 1.37
BSX: 1.37
Min: 0.30

ZBH

Health Care Equipment & Services industry group

1.46

Max: 7.59
Q3: 4.00
Median: 1.98
ZBH: 1.46
Q1: 1.37
Min: 0.30

Boston Scientific (BSX) vs. Zimmer Biomet (ZBH): A comparison of their current ratio against the Health Care Equipment & Services industry group benchmark.

Debt / Equity (MRQ)

Both Boston Scientific (BSX) at 0.46 and Zimmer Biomet (ZBH) at 0.60 fund their balance sheets with roughly industry-typical debt-to-equity mixes.

BSX

Health Care Equipment & Services industry group

0.46

Max: 1.88
Q3: 0.91
Median: 0.58
BSX: 0.46
Q1: 0.16
Min: 0.00

ZBH

Health Care Equipment & Services industry group

0.60

Max: 1.88
Q3: 0.91
ZBH: 0.60
Median: 0.58
Q1: 0.16
Min: 0.00

Boston Scientific (BSX) vs. Zimmer Biomet (ZBH): A comparison of their debt-to-equity ratio against the Health Care Equipment & Services industry group benchmark.

Financial Strength Metrics

Financial strength metrics for Boston Scientific (BSX) and Zimmer Biomet (ZBH)
Metric	BSX	ZBH
Current Ratio (MRQ)	1.37	1.46
Debt / Equity (MRQ)	0.46	0.60
Net Debt / EBITDA	2.04	2.85

Dividends

Dividend Yield (TTM)

Boston Scientific (BSX) pays no dividend (yield 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile Zimmer Biomet (ZBH) reports a yield of 0.90%, ranking against industry peers normally.

BSX

Health Care Equipment & Services industry group

0.00%

BSX: 0.00%
Max: 0.00%
Q3: 0.00%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

ZBH

Health Care Equipment & Services industry group

0.90%

ZBH: 0.90%
Max: 0.00%
Q3: 0.00%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

Boston Scientific (BSX) vs. Zimmer Biomet (ZBH): A comparison of their dividend yield against the Health Care Equipment & Services industry group benchmark.

Dividend Payout Ratio (TTM)

Boston Scientific (BSX) pays no dividend (payout 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile Zimmer Biomet (ZBH) reports a payout of 24.24%, ranking against industry peers normally.

BSX

Health Care Equipment & Services industry group

0.00%

BSX: 0.00%
Max: 0.00%
Q3: 0.00%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

ZBH

Health Care Equipment & Services industry group

24.24%

ZBH: 24.24%
Max: 0.00%
Q3: 0.00%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

Boston Scientific (BSX) vs. Zimmer Biomet (ZBH): A comparison of their payout ratio against the Health Care Equipment & Services industry group benchmark.

Dividend Metrics

Dividend metrics for Boston Scientific (BSX) and Zimmer Biomet (ZBH)
Metric	BSX	ZBH
Dividend Yield (TTM)	0.00%	0.90%
Dividend Payout Ratio (TTM)	0.00%	24.24%

Valuation

P/E Ratio (TTM)

Boston Scientific (BSX) at 18.04 sits in the cheaper P/E ratio quartile, while Zimmer Biomet (ZBH) at 26.66 is closer to its industry’s usual earnings multiple — a discount for BSX, though growth and earnings durability still matter.

BSX

Health Care Equipment & Services industry group

18.04

Max: 80.41
Q3: 47.62
Median: 29.93
Q1: 21.19
BSX: 18.04
Min: 4.21

ZBH

Health Care Equipment & Services industry group

26.66

Max: 80.41
Q3: 47.62
Median: 29.93
ZBH: 26.66
Q1: 21.19
Min: 4.21

Boston Scientific (BSX) vs. Zimmer Biomet (ZBH): A comparison of their P/E ratio against the Health Care Equipment & Services industry group benchmark.

P/S Ratio (TTM)

On P/S ratio, both Boston Scientific (BSX) at 2.94 and Zimmer Biomet (ZBH) at 2.33 are priced roughly in line with their industries — neither looks cheap nor rich on a sales basis.

BSX

Health Care Equipment & Services industry group

2.94

Max: 8.80
Q3: 4.32
BSX: 2.94
Median: 2.13
Q1: 1.10
Min: 0.03

ZBH

Health Care Equipment & Services industry group

2.33

Max: 8.80
Q3: 4.32
ZBH: 2.33
Median: 2.13
Q1: 1.10
Min: 0.03

Boston Scientific (BSX) vs. Zimmer Biomet (ZBH): A comparison of their P/S ratio against the Health Care Equipment & Services industry group benchmark.

P/B Ratio (MRQ)

Zimmer Biomet (ZBH) at 1.58 sits in the lower P/B ratio quartile against book while Boston Scientific (BSX) at 2.42 is valued near its industry’s middle — ZBH is cheaper on assets, though weigh it against ROE and asset quality.

BSX

Health Care Equipment & Services industry group

2.42

Max: 11.68
Q3: 6.12
Median: 3.00
BSX: 2.42
Q1: 1.73
Min: -1.31

ZBH

Health Care Equipment & Services industry group

1.58

Max: 11.68
Q3: 6.12
Median: 3.00
Q1: 1.73
ZBH: 1.58
Min: -1.31

Boston Scientific (BSX) vs. Zimmer Biomet (ZBH): A comparison of their P/B ratio against the Health Care Equipment & Services industry group benchmark.

Valuation Metrics

Valuation metrics for Boston Scientific (BSX) and Zimmer Biomet (ZBH)
Metric	BSX	ZBH
P/E Ratio (TTM)	18.04	26.66
P/S Ratio (TTM)	2.94	2.33
P/B Ratio (MRQ)	2.42	1.58
Free Cash Flow Yield (TTM)	4.02%	7.22%