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Globus Medical GMED Operating margin

Operating margin at other companies

Johnson & Johnson logo
Johnson & JohnsonJNJ
26.4%+2.8pp
Stryker logo
StrykerSYK
19.7%+4.4pp
Boston Scientific logo
Boston ScientificBSX
18.4%+2.2pp
Zimmer Biomet Holdings logo
Zimmer Biomet HoldingsZBH
14%-3.0pp
Medtronic logo
MedtronicMDT
17.8%0.0pp
Intuitive Surgical logo
Intuitive SurgicalISRG
30.5%+2.3pp

Other financials

Income statement

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Revenue$759.9M+27.0%
Gross profit$525.8M+30.6%
Operating income$150.4M+55.0%
Net income$124.3M+64.7%
EPS (diluted)$0.90+66.7%

Balance sheet

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Cash & equivalents$561.0M+21.6%
Total debt$116.3M+25.0%
Total equity$4.7B+15.8%
Total assets$5.4B+15.5%

Cash flow

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Operating cash flow$202.4M+14.1%
CapEx$39.6M+9.7%
Free cash flow$162.7M+15.3%

Valuation

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Market cap$10.76B+15.7%
Enterprise value$10.31B+15.6%
P/E18.3×-31.7×
P/S3.5×-0.2×

Profitability

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Gross margin67.9%+7.3pp
Net margin18.9%+11.5pp
FCF margin19.7%-1.1pp

Returns & leverage

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Return on equity13.3%+8.7pp
Debt / equity0.0×
Current ratio4.6×+0.1×

Where this comes from

Calculated from Globus Medical’s reported figures.

Based on trailing twelve months.

The official record: Globus Medical’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Globus Medical's operating margin?
Globus Medical (GMED) reported operating margin of 17.2% in Q1 2026.
How has Globus Medical's operating margin changed year-over-year?
Globus Medical's operating margin increased by 69.3% year-over-year, from 10.2% to 17.2%.
What is the long-term trend for Globus Medical's operating margin?
Over 5 years (2020 to 2025), Globus Medical's operating margin has grown at a 2.9% compound annual growth rate (CAGR), from 14.1% to 16.3%.
What does operating margin mean?
The profit left from core operations for every dollar of sales, before interest and taxes.
How do you interpret operating margin?
Expanding operating margin shows operating leverage — revenue growing faster than the cost base. Compression points to rising overhead, pricing pressure, or investment ahead of revenue.
How does operating margin compare across companies?
Strong cross-company signal within a sector. Capital-light businesses sustain higher operating margins than capital-intensive ones.