The BusinessWeek 50 Ranking
38
Zimmer Holdings
Just two years ago, Zimmer Holdings ranked 26th in BusinessWeek's list of hottest small companies. Today, the artificial-joint maker has outgrown that contest, but Zimmer is still hot. Sales and earnings have both climbed at an average annual pace of more than 35% for three years running. Zimmer specializes in making prosthetic knees and hips designed for minimally invasive surgery, which is rapidly gaining acceptance. And the Warsaw (Ind.) company moved into spinal reconstruction through its 2003 takeover of Switzerland's Centerpulse.
Company Info
| 2004 Rank | 165 |
| STOCK INFO | ZMH |
| Market Value | $21.1 BILLION |
| Total Return | (1-yr.) 13.6%
(3-yr.) 140.2% |
| 2004 sales | $3 BILLION |
| Sales Growth | (1-yr.) 57%
(3-yr.) 36.5% |
| Net income | $541.8 MILLION |
| Net Income Growth | (1-yr.) 86%
(3-yr.) 48.9% |
| Net Margin* | 18.2% |
| Return on Equity* | 13.7% |
| Industry | HEALTH-CARE EQUIPMENT & SERVICES |
| CORPORATE WEB SITE | |
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*Trailing 12 months
Company data as of 2/28/05 provided by Standard & Poor's Compustat
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Company Snapshot
Zimmer Holdings, Inc. engages in the design, development, manufacture, and marketing of reconstructive orthopaedic implants, including joint and dental, spinal implants, and trauma products and related orthopaedic surgical products. Orthopaedic reconstructive implants restore joint function lost due to disease or trauma in joints, such as knees, hips, shoulders, and elbows. Dental reconstructive implants restore function and aesthetics in patients that have lost teeth due to trauma or disease. Spinal implants are utilized by orthopaedic surgeons and neurosurgeons in the treatment of degenerative diseases, deformities, and trauma in all regions of the spine. Trauma products are devices used primarily to reattach or stabilize damaged bone or tissue to support the body’s natural healing process. The company’s related orthopaedic surgical products include surgical supplies and instruments designed to aid in orthopaedic surgical procedures. In addition, it also has a limited array of sports medicine products. Its customers include musculoskeletal surgeons, neuro-surgeons, oral surgeons, dentists, hospitals, distributors, and healthcare dealers. The company sells its product through health care institutions and through stocking distributors primarily in the Americas, Europe, and Asia Pacific. The company has operations in approximately 24 countries and markets its products in approximately 80 countries. The company’s predecessor, Zimmer, Inc., was founded in 1927. Zimmer Holdings was incorporated in January 2001 as a wholly owned subsidiary of Bristol-Myers Squibb Company and was spun off in August 2001. It is headquartered in Warsaw, Indiana. The company acquired Implex Corp., which became a wholly owned subsidiary, in April 2004.
No. of Employees
6,600
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