Globus Medical (GMED) Interest Coverage Ratio (2011 - 2026)

Globus Medical (GMED) posted Interest Coverage Ratio of 0.6 for Q1 2026, down 98.29% on a QoQ basis from 34.95 in Q4 2025, and up 126.25% year-over-year from 0.26 in Q1 2025.

Globus Medical (GMED) Interest Coverage Ratio (2011 - 2026) Analysis & Trends

Globus Medical's Interest Coverage Ratio history runs 16 years deep, the most recent figure standing at 0.6 for Q1 2026.

  • Quarterly Interest Coverage Ratio rose 126.25% year-over-year to 0.6 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 2.13 (up 205.15% YoY) and the FY2025 annual result came in at 1.66, up 263.95% from the prior year.
  • Interest Coverage Ratio was 0.6 for Q1 2026 at Globus Medical, down from 34.95 in the prior quarter.
  • Across five years, Interest Coverage Ratio topped out at 34.95 in Q4 2025 and bottomed at 0.0 in Q3 2023.
  • A 5-year average of 4.85 and a median of 0.53 in 2022 frame the typical range for Interest Coverage Ratio.
  • Annual changes were most pronounced in 2023 — Interest Coverage Ratio plunged 99.89% — and 2024, when it surged 21464.28%.
  • Globus Medical's Interest Coverage Ratio stood at 9.69 in 2022, then tumbled by 93.55% to 0.62 in 2023, then jumped by 5152.76% to 32.81 in 2024, then grew by 6.52% to 34.95 in 2025, then sank by 98.29% to 0.6 in 2026.
  • Business Quant data shows GMED's Interest Coverage Ratio at 0.6 in Q1 2026, 34.95 in Q4 2025, and 0.34 in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest Cover (Qtr)
1 Abbott Laboratories 201.40 Bn 194.75 Bn 6.27 Bn 0.90
2 Stryker 122.29 Bn 119.41 Bn 3.81 Bn 6.32
3 Medtronic 105.01 Bn 96.40 Bn 6.41 Bn 13.19
4 Boston Scientific 64.81 Bn 63.59 Bn 3.61 Bn 2.15
5 Edwards Lifesciences 55.28 Bn 51.60 Bn 1.29 Bn 1.19
6 Dexcom 29.06 Bn 27.94 Bn 750.30 Mn 82.35
7 Koninklijke Philips 29.02 Bn 25.93 Bn 2.07 Bn -2.90
8 GE HealthCare Technologies 28.27 Bn 26.20 Bn 1.98 Bn 5.36
9 Smith & Nephew 25.80 Bn 25.22 Bn - -
10 Globus Medical 10.21 Bn 9.58 Bn 525.79 Mn 0.60

Historic Data

Download Data
DateValue
Mar 31, 2026 0.60
Dec 31, 2025 34.95
Sep 30, 2025 0.34
Jun 30, 2025 0.19
Mar 31, 2025 0.26
Dec 31, 2024 32.81
Sep 30, 2024 0.13
Jun 30, 2024 0.13
Mar 31, 2024 0.02
Dec 31, 2023 0.62
Sep 30, 2023 0.00
Jun 30, 2023 0.63
Mar 31, 2023 0.65
Dec 31, 2022 9.69
Sep 30, 2022 0.53
Jun 30, 2022 0.70
Mar 31, 2022 0.18
Sep 30, 2021 0.19
Jun 30, 2021 0.14
Mar 31, 2021 0.29