Globus Medical (GMED) Operating Margin (2011 - 2026)
Globus Medical (GMED) recorded Operating Margin of 23.10% in Q2 2026, up 12.89 percentage points from 10.21% a year earlier and up 3.31 percentage points from the prior quarter.
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Analysis
Globus Medical (GMED) Operating Margin (2011 - 2026) Analysis & Trends
On a TTM basis, Globus Medical's Operating Margin came in at 20.34% as of Jun 30, 2026, up 9.62 percentage points year-over-year; for FY2025, it was 16.33%, up 9.74 percentage points from FY2024.
- Annual Operating Margin has a five-year change of +2.20 percentage points (FY2020 to FY2025).
- Across earlier years, Operating Margin came in at 6.59% in FY2024 (-1.90 pp), 8.49% in FY2023 (-13.80 pp), 22.29% in FY2022 (+4.34 pp) and 17.95% in FY2021 (+3.82 pp).
- The Q2 2026 figure is the highest quarterly Operating Margin since Q3 2022.
- On a year-over-year basis, Operating Margin has increased for eight consecutive quarters, with an average year-over-year change of +8.79 percentage points over the last eight quarters.
- Peak year-over-year performance for Operating Margin in the last five years was a gain of 14.90 percentage points in Q1 2025, against a drop of 23.39 percentage points in Q3 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at 19.79% (Q1 2026), 20.49% (Q4 2025) and 17.86% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 251.30 Bn | 230.45 Bn | 4.88 Bn | 17.40% |
| 2 | Abbott Laboratories | 174.70 Bn | 145.78 Bn | 7.27 Bn | 13.44% |
| 3 | Danaher | 158.94 Bn | 142.76 Bn | 3.61 Bn | 17.99% |
| 4 | Intuitive Surgical | 145.87 Bn | 125.42 Bn | 1.96 Bn | 33.60% |
| 5 | Medtronic | 111.49 Bn | 77.36 Bn | 6.34 Bn | 18.08% |
| 6 | Stryker | 106.96 Bn | 93.08 Bn | 4.50 Bn | 25.18% |
| 7 | Boston Scientific | 63.62 Bn | 58.63 Bn | 3.85 Bn | 21.65% |
| 8 | Edwards Lifesciences | 50.80 Bn | 34.92 Bn | 1.35 Bn | 29.48% |
| 9 | Becton Dickinson | 49.59 Bn | 46.74 Bn | 2.32 Bn | 13.31% |
| 10 | Globus Medical | 10.17 Bn | 7.99 Bn | 548.17 Mn | 23.10% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 23.10% |
| Mar 31, 2026 | 19.79% |
| Dec 31, 2025 | 20.49% |
| Sep 30, 2025 | 17.86% |
| Jun 30, 2025 | 10.21% |
| Mar 31, 2025 | 16.22% |
| Dec 31, 2024 | 9.17% |
| Sep 30, 2024 | 7.69% |
| Jun 30, 2024 | 7.88% |
| Mar 31, 2024 | 1.32% |
| Dec 31, 2023 | 1.64% |
| Sep 30, 2023 | 0.11% |
| Jun 30, 2023 | 22.71% |
| Mar 31, 2023 | 20.39% |
| Dec 31, 2022 | 19.68% |
| Sep 30, 2022 | 23.49% |
| Jun 30, 2022 | 25.71% |
| Mar 31, 2022 | 20.15% |
| Dec 31, 2021 | 7.28% |
| Sep 30, 2021 | 23.21% |
API Access
Globus Medical Operating Margin 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=operating-margin&ticker=GMED&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-margin", "ticker": "GMED", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-margin&ticker=GMED&period=max&api_key=YOUR_API_KEY");
const data = await res.json();