Growth Metrics

Globant (GLOB) Tax Rate (2016 - 2021)

Globant has reported Tax Rate over the past 6 years, most recently at 38.43% for Q1 2021.

  • For Q1 2021, Tax Rate rose 391.0% year-over-year to 38.43%; the TTM value through Mar 2021 reached 31.22%, down 73.0%, while the annual FY2025 figure was 25.29%, 560.0% up from the prior year.
  • Tax Rate for Q1 2021 was 38.43% at Globant, up from 34.52% in the prior quarter.
  • Over five years, Tax Rate peaked at 109.74% in Q2 2017 and troughed at 3.76% in Q4 2017.
  • A 5-year average of 42.92% and a median of 35.22% in 2019 define the central range for Tax Rate.
  • Biggest five-year swings in Tax Rate: surged 8333bps in 2017 and later tumbled -9201bps in 2018.
  • Year by year, Tax Rate stood at 3.76% in 2017, then soared by 372bps to 17.73% in 2018, then skyrocketed by 393bps to 87.36% in 2019, then crashed by -60bps to 34.52% in 2020, then increased by 11bps to 38.43% in 2021.
  • Business Quant data shows Tax Rate for GLOB at 38.43% in Q1 2021, 34.52% in Q1 2020, and 87.36% in Q4 2019.