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CVS vs. ZBH: CVS Health vs. Zimmer Biomet Stock Comparison

How do CVS Health (CVS) 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

CVS Health (CVS) and Zimmer Biomet (ZBH) both fall under the Health Care Equipment & Services industry group, but CVS is classified in Health Care Providers & Services while ZBH is classified in Health Care Equipment & Supplies.

Company profile comparison for CVS Health (CVS) and Zimmer Biomet (ZBH)
Profile ItemCVSZBH
NameCVS Health Corporation Common StockZimmer Biomet Holdings Inc.
Country/RegionUnited StatesUnited States
GICS SectorHealth CareHealth Care
GICS Industry GroupHealth Care Equipment & ServicesHealth Care Equipment & Services
GICS IndustryHealth Care Providers & ServicesHealth Care Equipment & Supplies
GICS Sub-IndustryHealth Care ServicesHealth Care Equipment
Market Capitalization107.28 billion USD19.98 billion USD
CurrencyUSDUSD
ExchangeNYSENYSE
Listing DateFebruary 21, 1973July 25, 2001
Security TypeCommon StockCommon Stock

Price Performance

Cumulative Growth

CVS
ZBH
GSPC
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CVS Health (CVS) 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 CVS Health (CVS) and Zimmer Biomet (ZBH). Returns over one year are annualized.

Calendar-Year Returns

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

Performance Metrics

Price performance metrics for CVS Health (CVS) and Zimmer Biomet (ZBH)
MetricCVSZBH
Total Return (1Y)11.41%24.04%
Total Return (3Y, Annualized)12.73%2.38%
Total Return (5Y, Annualized)1.70%-2.74%

Risk Profile

Drawdown History

CVS
ZBH
GSPC
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CVS Health (CVS) 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 CVS Health (CVS) and Zimmer Biomet (ZBH). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for CVS Health (CVS) and Zimmer Biomet (ZBH)
MetricCVSZBH
Volatility (1Y, Annualized)34.14%32.39%
Beta (5Y)0.600.42
Max Drawdown (5Y)-56.79%-43.94%
Avg. Volume (3M)8.60M2.09M

Risk-Adjusted Performance

Risk-Return Positioning

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CVS 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 CVS Health (CVS) and Zimmer Biomet (ZBH)
MetricCVSZBH
Sharpe Ratio (1Y)0.210.61
Sortino Ratio (1Y)0.280.93

Profitability

ROE (TTM)

Both CVS Health (CVS) at 14.36% 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.

CVS

Health Care Equipment & Services industry group

14.36%

Max
47.61%
CVS
14.36%
Q3
14.36%
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%
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CVS Health (CVS) vs. Zimmer Biomet (ZBH): A comparison of their ROE against the Health Care Equipment & Services industry group benchmark.

Net Margin (TTM)

Both CVS Health (CVS) at 2.64% and Zimmer Biomet (ZBH) at 8.95% keep about the typical share of revenue as profit for their industries — neither bottom line stands out from peers.

CVS

Health Care Equipment & Services industry group

2.64%

Max
29.35%
Q3
9.33%
CVS
2.64%
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%
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CVS Health (CVS) vs. Zimmer Biomet (ZBH): A comparison of their net margin against the Health Care Equipment & Services industry group benchmark.

Operating Margin (TTM)

Zimmer Biomet (ZBH) at 17.35% operates in the top operating margin quartile, ahead of CVS Health (CVS) at 2.72%, which runs around its industry’s norm.

CVS

Health Care Equipment & Services industry group

2.72%

Max
35.43%
Q3
14.14%
Median
6.81%
CVS
2.72%
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%
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CVS Health (CVS) vs. Zimmer Biomet (ZBH): A comparison of their operating margin against the Health Care Equipment & Services industry group benchmark.

Profitability Metrics

Profitability metrics for CVS Health (CVS) and Zimmer Biomet (ZBH)
MetricCVSZBH
ROE (TTM)14.36%6.03%
ROA (TTM)3.11%3.81%
Net Margin (TTM)2.64%8.95%
Operating Margin (TTM)2.72%17.35%
Gross Margin (TTM)13.72%69.33%

Growth

Revenue Growth

Both CVS Health (CVS) at 7.85% 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.

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CVS Health (CVS) vs. Zimmer Biomet (ZBH): A comparison of their Revenue Growth across different time periods.

EPS Growth

Zimmer Biomet (ZBH) at -19.86% is around its peer norm for EPS growth, while CVS Health (CVS) at -62.02% drops into the bottom quartile, signaling weaker earnings momentum.

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CVS Health (CVS) vs. Zimmer Biomet (ZBH): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for CVS Health (CVS) and Zimmer Biomet (ZBH)
MetricCVSZBH
Revenue Growth (YoY)7.85%7.20%
Revenue Growth (3Y CAGR)7.63%5.85%
EPS Growth (YoY)-62.02%-19.86%
EPS Growth (3Y CAGR)-24.73%47.78%

Financial Strength

Current Ratio (MRQ)

Zimmer Biomet (ZBH) at 1.46 keeps current ratio within its industry’s typical mid-range, while CVS Health (CVS) at 0.85 runs in the tighter-liquidity quartile — a thinner cushion against current liabilities for CVS.

CVS

Health Care Equipment & Services industry group

0.85

Max
7.59
Q3
4.00
Median
1.98
Q1
1.37
CVS
0.85
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
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CVS Health (CVS) vs. Zimmer Biomet (ZBH): A comparison of their current ratio against the Health Care Equipment & Services industry group benchmark.

Debt / Equity (MRQ)

Zimmer Biomet (ZBH) at 0.60 carries an industry-typical debt-to-equity mix, while CVS Health (CVS) at 0.93 uses more debt funding than most peers.

CVS

Health Care Equipment & Services industry group

0.93

Max
1.88
CVS
0.93
Q3
0.91
Median
0.58
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
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CVS Health (CVS) 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 CVS Health (CVS) and Zimmer Biomet (ZBH)
MetricCVSZBH
Current Ratio (MRQ)0.851.46
Debt / Equity (MRQ)0.930.60
Net Debt / EBITDA3.492.85

Dividends

Dividend Yield (TTM)

Both CVS Health (CVS) at 3.27% and Zimmer Biomet (ZBH) at 0.90% yield above their industries’ entire benchmark ranges — high enough that dividend safety, not income, becomes the first question.

CVS

Health Care Equipment & Services industry group

3.27%

CVS
3.27%
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%
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CVS Health (CVS) vs. Zimmer Biomet (ZBH): A comparison of their dividend yield against the Health Care Equipment & Services industry group benchmark.

Dividend Payout Ratio (TTM)

Both CVS Health (CVS) at 30.89% and Zimmer Biomet (ZBH) at 24.24% pay out more of their earnings than any of their industry peers — the thinnest cover in their groups, so dividend headroom deserves attention.

CVS

Health Care Equipment & Services industry group

30.89%

CVS
30.89%
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%
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CVS Health (CVS) vs. Zimmer Biomet (ZBH): A comparison of their payout ratio against the Health Care Equipment & Services industry group benchmark.

Dividend Metrics

Dividend metrics for CVS Health (CVS) and Zimmer Biomet (ZBH)
MetricCVSZBH
Dividend Yield (TTM)3.27%0.90%
Dividend Payout Ratio (TTM)30.89%24.24%

Valuation

P/E Ratio (TTM)

CVS Health (CVS) at 9.74 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 CVS, though growth and earnings durability still matter.

CVS

Health Care Equipment & Services industry group

9.74

Max
80.41
Q3
47.62
Median
29.93
Q1
21.19
CVS
9.74
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
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CVS Health (CVS) vs. Zimmer Biomet (ZBH): A comparison of their P/E ratio against the Health Care Equipment & Services industry group benchmark.

P/S Ratio (TTM)

CVS Health (CVS) at 0.26 sits in the cheaper P/S ratio quartile while Zimmer Biomet (ZBH) at 2.33 prices around its industry’s middle — CVS costs less per dollar of sales, though read it alongside growth and margins.

CVS

Health Care Equipment & Services industry group

0.26

Max
8.80
Q3
4.32
Median
2.13
Q1
1.10
CVS
0.26
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
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CVS Health (CVS) vs. Zimmer Biomet (ZBH): A comparison of their P/S ratio against the Health Care Equipment & Services industry group benchmark.

P/B Ratio (MRQ)

Relative to net asset value, both CVS Health (CVS) at 1.33 and Zimmer Biomet (ZBH) at 1.58 look inexpensive, sitting in the lower P/B ratio quartile of their industries.

CVS

Health Care Equipment & Services industry group

1.33

Max
11.68
Q3
6.12
Median
3.00
Q1
1.73
CVS
1.33
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
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CVS Health (CVS) 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 CVS Health (CVS) and Zimmer Biomet (ZBH)
MetricCVSZBH
P/E Ratio (TTM)9.7426.66
P/S Ratio (TTM)0.262.33
P/B Ratio (MRQ)1.331.58
Free Cash Flow Yield (TTM)11.02%7.22%