Globant (GLOB) Interest Coverage Ratio (2013 - 2026)
Globant's Interest Coverage Ratio came in at 2.16 for the quarter ended Jun 30, 2026, up 303.9% from 0.53 a year earlier but down 60.6% from the prior quarter.
Globant (GLOB) Interest Coverage Ratio (2013 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Globant reported Interest Coverage Ratio of 4.85, up 6.3% year-over-year; for the year ended Dec 31, 2025, it was 4.23, down 39.6% from the prior year.
- Interest Coverage Ratio has declined in each of the last three years.
- Going back by year, Interest Coverage Ratio was 7.00 in the year ended Dec 31, 2024 (-16.4%), 8.38 in the year ended Dec 31, 2023 (-32.9%), 12.49 in the year ended Dec 31, 2022 (+9.9%) and 11.37 in the year ended Dec 31, 2021 (+41.2%).
- The five-year range for quarterly Interest Coverage Ratio is 0.53 (the quarter ended Jun 30, 2025) to 15.52 (the quarter ended Sep 30, 2021).
- Year-over-year, Interest Coverage Ratio has increased for three consecutive quarters, with growth averaging 19.0% over the last eight quarters.
- The fastest year-over-year change in Interest Coverage Ratio over five years came in the quarter ended Jun 30, 2026 (growth of 303.9%), and the weakest in the quarter ended Jun 30, 2025 (a decline of 93.8%).
- Business Quant data shows GLOB's Interest Coverage Ratio at 5.48 (quarter ended Mar 31, 2026), 5.95 (quarter ended Dec 31, 2025) and 5.64 (quarter ended Sep 30, 2025) in the three quarters before the quarter ended Jun 30, 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Infosys | 42.66 Bn | 42.72 Bn | 1.60 Bn | 85.40 |
| 2 | Cognizant Technology Solutions | 25.65 Bn | 18.82 Bn | 1.83 Bn | 67.23 |
| 3 | Td Synnex | 20.51 Bn | 14.54 Bn | 1.34 Bn | - |
| 4 | Cdw | 16.33 Bn | 14.32 Bn | 1.32 Bn | - |
| 5 | Cgi | 15.07 Bn | 12.85 Bn | - | 21.76 |
| 6 | Arrow Electronics | 11.72 Bn | 10.75 Bn | 1.13 Bn | - |
| 7 | Avnet | 8.33 Bn | 7.51 Bn | 865.03 Mn | 3.48 |
| 8 | Ingram Micro Holding | 6.23 Bn | 1.84 Bn | 958.68 Mn | 3.09 |
| 9 | EPAM Systems | 5.55 Bn | 1.19 Bn | 429.57 Mn | - |
| 10 | Globant | 1.48 Bn | 755.24 Mn | 208.24 Mn | 2.16 |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.16 |
| Mar 31, 2026 | 5.48 |
| Dec 31, 2025 | 5.95 |
| Sep 30, 2025 | 5.64 |
| Jun 30, 2025 | 0.53 |
| Mar 31, 2025 | 5.18 |
| Dec 31, 2024 | 5.02 |
| Sep 30, 2024 | 9.27 |
| Jun 30, 2024 | 8.63 |
| Mar 31, 2024 | 6.60 |
| Dec 31, 2023 | 6.32 |
| Sep 30, 2023 | 9.39 |
| Jun 30, 2023 | 8.92 |
| Mar 31, 2023 | 10.60 |
| Dec 31, 2022 | 10.73 |
| Sep 30, 2022 | 12.79 |
| Jun 30, 2022 | 14.72 |
| Mar 31, 2022 | 12.59 |
| Dec 31, 2021 | 10.37 |
| Sep 30, 2021 | 15.52 |
Globant Interest Coverage Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=interest-coverage-ratio&ticker=GLOB&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-coverage-ratio", "ticker": "GLOB", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=interest-coverage-ratio&ticker=GLOB&period=max&api_key=YOUR_API_KEY");
const data = await res.json();