Globus Medical (GMED) Asset Utilization Ratio (2012 - 2026)
Globus Medical's (GMED) quarterly Asset Utilization Ratio came in at 0.58 in Q1 2026, up 14.53% YoY from 0.5 in Q1 2025, and up 2.13% on a QoQ basis from 0.57 in Q4 2025.
Globus Medical (GMED) Asset Utilization Ratio (2012 - 2026) Analysis & Trends
Globus Medical (GMED) has 15 years of Asset Utilization Ratio data on file, last reported at 0.58 in Q1 2026.
- Quarterly Asset Utilization Ratio rose 14.53% year-over-year to 0.58 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 0.58 (up 14.53% YoY) and the FY2025 annual result came in at 0.56, up 14.26% from the prior year.
- Asset Utilization Ratio improved to 0.58 in Q1 2026, from 0.57 in the prior quarter.
- In the past five years, Asset Utilization Ratio ranged from a high of 0.58 in Q1 2026 to a low of 0.3 in Q4 2023.
- A 5-year average of 0.48 and a median of 0.5 in 2023 frame the typical range for Asset Utilization Ratio.
- Annual changes were most pronounced in 2023 — Asset Utilization Ratio sank 40.49% — and 2024, when it soared 62.24%.
- Tracing GMED's Asset Utilization Ratio over 5 years: stood at 0.5 in 2022, then slumped by 40.49% to 0.3 in 2023, then soared by 62.24% to 0.49 in 2024, then increased by 15.97% to 0.57 in 2025, then climbed by 2.13% to 0.58 in 2026.
- The last three Asset Utilization Ratio figures came in at 0.58 (Q1 2026), 0.57 (Q4 2025), and 0.55 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 200.51 Bn | 194.91 Bn | 7.27 Bn | 0.42 |
| 2 | Stryker | 129.96 Bn | 126.48 Bn | 4.50 Bn | 0.55 |
| 3 | Medtronic | 120.18 Bn | 110.96 Bn | 6.41 Bn | 0.39 |
| 4 | Boston Scientific | 74.28 Bn | 73.74 Bn | 3.85 Bn | 0.47 |
| 5 | Edwards Lifesciences | 52.75 Bn | 48.50 Bn | 1.35 Bn | 0.48 |
| 6 | Dexcom | 34.67 Bn | 32.73 Bn | 830.00 Mn | 0.76 |
| 7 | GE HealthCare Technologies | 34.23 Bn | 32.12 Bn | 2.18 Bn | 0.57 |
| 8 | Koninklijke Philips | 26.46 Bn | 23.14 Bn | 4.55 Bn | 0.80 |
| 9 | Steris | 23.30 Bn | 22.82 Bn | 684.20 Mn | 0.56 |
| 10 | Globus Medical | 11.84 Bn | 11.25 Bn | 548.17 Mn | 0.58 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 0.58 |
| Mar 31, 2026 | 0.58 |
| Dec 31, 2025 | 0.57 |
| Sep 30, 2025 | 0.55 |
| Jun 30, 2025 | 0.54 |
| Mar 31, 2025 | 0.50 |
| Dec 31, 2024 | 0.49 |
| Sep 30, 2024 | 0.49 |
| Jun 30, 2024 | 0.45 |
| Mar 31, 2024 | 0.38 |
| Dec 31, 2023 | 0.30 |
| Sep 30, 2023 | 0.32 |
| Jun 30, 2023 | 0.50 |
| Mar 31, 2023 | 0.51 |
| Dec 31, 2022 | 0.50 |
| Sep 30, 2022 | 0.51 |
| Jun 30, 2022 | 0.50 |
| Mar 31, 2022 | 0.49 |
| Dec 31, 2021 | 0.50 |
| Sep 30, 2021 | 0.50 |