| Stage | ZBH | % of rev | GPC | % of rev | Gap · A − B |
|---|---|---|---|---|---|
| Revenue | $2.2B | 100.00% | $6.5B | 100.00% | GPC ×3.00 |
| Gross profit | $1.5B | 70.81% | $2.5B | 38.09% | ZBH +32.7pp |
| Operating income | $326M | 14.98% | $328M | 5.04% | ZBH +9.9pp |
| Pre-tax income | $255M | 11.72% | $279M | 4.27% | ZBH +7.4pp |
| Net income | $198M | 9.11% | $224M | 3.44% | ZBH +5.7pp |
| Stage | ZBH | GPC | Gap · A − B |
|---|---|---|---|
| Revenue | $2.2B100.00% | $6.5B100.00% | GPC ×3.00 |
| Gross profit | 70.81%$1.5B | 38.09%$2.5B | ZBH +32.7pp |
| Operating income | 14.98%$326M | 5.04%$328M | ZBH +9.9pp |
| Pre-tax income | 11.72%$255M | 4.27%$279M | ZBH +7.4pp |
| Net income |
| 9.11%$198M |
| 3.44%$224M |
| ZBH +5.7pp |