DVA vs. ZBH: DaVita vs. Zimmer Biomet Stock Comparison

November 11, 2026

How do DaVita (DVA) 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

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

Company profile comparison for DaVita (DVA) and Zimmer Biomet (ZBH)
Profile Item	DVA	ZBH
Name	DaVita Inc.	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 Providers & Services	Health Care Equipment & Supplies
GICS Sub-Industry	Health Care Services	Health Care Equipment
Market Capitalization	12.04 billion USD	19.98 billion USD
Currency	USD	USD
Exchange	NYSE	NYSE
Listing Date	October 31, 1995	July 25, 2001
Security Type	Common Stock	Common Stock

Price Performance

Cumulative Growth

DVA

ZBH

GSPC

DaVita (DVA) 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 DaVita (DVA) and Zimmer Biomet (ZBH). Returns over one year are annualized.

Calendar-Year Returns

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

Performance Metrics

Price performance metrics for DaVita (DVA) and Zimmer Biomet (ZBH)
Metric	DVA	ZBH
Total Return (1Y)	51.64%	24.04%
Total Return (3Y, Annualized)	30.54%	2.38%
Total Return (5Y, Annualized)	11.92%	-2.74%

Risk Profile

Drawdown History

DVA

ZBH

GSPC

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

Risk Metrics

Risk profile metrics for DaVita (DVA) and Zimmer Biomet (ZBH)
Metric	DVA	ZBH
Volatility (1Y, Annualized)	46.86%	32.39%
Beta (5Y)	0.85	0.42
Max Drawdown (5Y)	-46.98%	-43.94%
Avg. Volume (3M)	713.76K	2.09M

Risk-Adjusted Performance

Risk-Return Positioning

DVA 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 DaVita (DVA) and Zimmer Biomet (ZBH)
Metric	DVA	ZBH
Sharpe Ratio (1Y)	1.01	0.61
Sortino Ratio (1Y)	1.78	0.93

Profitability

ROE (TTM)

DaVita (DVA) at 96.79% clears its industry range for ROE, a sharper capital-efficiency signal than Zimmer Biomet (ZBH) at 6.03%, which is closer to a typical peer reading.

DVA

Health Care Equipment & Services industry group

96.79%

DVA: 96.79%
Max: 47.61%
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%

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

Net Margin (TTM)

Both DaVita (DVA) at 6.49% 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.

DVA

Health Care Equipment & Services industry group

6.49%

Max: 29.35%
Q3: 9.33%
DVA: 6.49%
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%

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

Operating Margin (TTM)

Both DaVita (DVA) at 15.46% 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.

DVA

Health Care Equipment & Services industry group

15.46%

Max: 35.43%
DVA: 15.46%
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%

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

Profitability Metrics

Profitability metrics for DaVita (DVA) and Zimmer Biomet (ZBH)
Metric	DVA	ZBH
ROE (TTM)	96.79%	6.03%
ROA (TTM)	7.59%	3.81%
Net Margin (TTM)	6.49%	8.95%
Operating Margin (TTM)	15.46%	17.35%
Gross Margin (TTM)	32.28%	69.33%

Growth

Revenue Growth

Both DaVita (DVA) at 6.46% 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.

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

EPS Growth

Both DaVita (DVA) at -8.29% and Zimmer Biomet (ZBH) at -19.86% land near their industries' usual EPS growth ranges, so bottom-line momentum looks broadly in line with peers on both sides.

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

Growth Metrics

Growth metrics for DaVita (DVA) and Zimmer Biomet (ZBH)
Metric	DVA	ZBH
Revenue Growth (YoY)	6.46%	7.20%
Revenue Growth (3Y CAGR)	5.53%	5.85%
EPS Growth (YoY)	-8.29%	-19.86%
EPS Growth (3Y CAGR)	18.93%	47.78%

Financial Strength

Current Ratio (MRQ)

Both DaVita (DVA) at 1.41 and Zimmer Biomet (ZBH) at 1.46 carry current ratio within their industries’ typical mid-ranges, suggesting balanced short-term liquidity relative to peers.

DVA

Health Care Equipment & Services industry group

1.41

Max: 7.59
Q3: 4.00
Median: 1.98
DVA: 1.41
Q1: 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

DaVita (DVA) 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 is near its industry mid-range for debt-to-equity ratio, while DaVita (DVA) at 11.90 sits above its benchmark range, pointing to a heavier debt load relative to equity.

DVA

Health Care Equipment & Services industry group

11.90

DVA: 11.90
Max: 1.88
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

DaVita (DVA) 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 DaVita (DVA) and Zimmer Biomet (ZBH)
Metric	DVA	ZBH
Current Ratio (MRQ)	1.41	1.46
Debt / Equity (MRQ)	11.90	0.60
Net Debt / EBITDA	4.51	2.85

Dividends

Dividend Yield (TTM)

DaVita (DVA) 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.

DVA

Health Care Equipment & Services industry group

0.00%

DVA: 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%

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

Dividend Payout Ratio (TTM)

DaVita (DVA) 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.

DVA

Health Care Equipment & Services industry group

0.00%

DVA: 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%

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

Dividend Metrics

Dividend metrics for DaVita (DVA) and Zimmer Biomet (ZBH)
Metric	DVA	ZBH
Dividend Yield (TTM)	0.00%	0.90%
Dividend Payout Ratio (TTM)	0.00%	24.24%

Valuation

P/E Ratio (TTM)

DaVita (DVA) at 14.49 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 DVA, though growth and earnings durability still matter.

DVA

Health Care Equipment & Services industry group

14.49

Max: 80.41
Q3: 47.62
Median: 29.93
Q1: 21.19
DVA: 14.49
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

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

P/S Ratio (TTM)

DaVita (DVA) at 0.85 sits in the cheaper P/S ratio quartile while Zimmer Biomet (ZBH) at 2.33 prices around its industry’s middle — DVA costs less per dollar of sales, though read it alongside growth and margins.

DVA

Health Care Equipment & Services industry group

0.85

Max: 8.80
Q3: 4.32
Median: 2.13
Q1: 1.10
DVA: 0.85
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

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

P/B Ratio (MRQ)

DaVita (DVA) reports a negative P/B ratio of -20.52, meaning negative book equity — the multiple itself is not meaningful for valuation. Meanwhile Zimmer Biomet (ZBH) reports 1.58, ranking against industry peers normally.

DVA

Health Care Equipment & Services industry group

-20.52

Max: 11.68
Q3: 6.12
Median: 3.00
Q1: 1.73
Min: -1.31
DVA: -20.52

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

DaVita (DVA) 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 DaVita (DVA) and Zimmer Biomet (ZBH)
Metric	DVA	ZBH
P/E Ratio (TTM)	14.49	26.66
P/S Ratio (TTM)	0.85	2.33
P/B Ratio (MRQ)	-20.52	1.58
Free Cash Flow Yield (TTM)	7.52%	7.22%