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Total debt at other companies

Solventum logo
SolventumSOLV
$5.79B-26.8%
Johnson & Johnson logo
Johnson & JohnsonJNJ
Stryker logo
StrykerSYK
Zimmer Biomet Holdings logo
Zimmer Biomet HoldingsZBH
Medtronic logo
MedtronicMDT
Abbott logo
AbbottABT

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 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
Operating margin17.2%+7.0pp
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.

Plus components not separately reported this period.

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 total debt?
Globus Medical (GMED) reported total debt of $116.26M in Q1 2026.
How has Globus Medical's total debt changed year-over-year?
Globus Medical's total debt increased by 25.0% year-over-year, from $93.01M to $116.26M.
What is the long-term trend for Globus Medical's total debt?
Over 5 years (2020 to 2025), Globus Medical's total debt has grown at a 90.3% compound annual growth rate (CAGR), from $4.8M to $119.79M.
What does total debt mean?
The total amount of money a company owes to banks, bondholders, and other lenders.
How do you interpret total debt?
An increase in total debt suggests higher financial leverage and increased interest expense, which may heighten insolvency risk during downturns. A decrease indicates deleveraging, potentially improving the balance sheet's resilience and reducing interest burden.
How does total debt compare across companies?
Peers in the medical device sector typically manage debt levels relative to EBITDA to maintain investment-grade credit profiles and ensure sufficient liquidity for R&D and M&A activities.