Globus Medical (GMED) Tax Rate (2011 - 2026)

Globus Medical (GMED) posted Tax Rate of 20.86% for Q1 2026, up 23.29% on a QoQ basis from 16.92% in Q4 2025, and down 634.0% year-over-year from 3.91% in Q1 2025.

Globus Medical (GMED) Tax Rate (2011 - 2026) Analysis & Trends

Globus Medical's Tax Rate history runs 16 years deep, the most recent figure standing at 20.86% for Q1 2026.

  • Quarterly Tax Rate fell 634.0% year-over-year to 20.86% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 10.9% (down 944.0% YoY) and the FY2025 annual result came in at 11.11%, down 359.0% from the prior year.
  • Tax Rate was 20.86% for Q1 2026 at Globus Medical, up from 16.92% in the prior quarter.
  • Across five years, Tax Rate topped out at 60.63% in Q3 2023 and bottomed at 7.8% in Q2 2025.
  • A 5-year average of 23.21% and a median of 22.25% in 2023 frame the typical range for Tax Rate.
  • Annual changes were most pronounced in 2022 — Tax Rate jumped 5821 bps — and 2024, when it slumped 5152 bps.
  • Globus Medical's Tax Rate stood at 55.35% in 2022, then decreased by 28 bps to 39.85% in 2023, then plunged by 119 bps to 7.45% in 2024, then surged by 327 bps to 16.92% in 2025, then advanced by 23 bps to 20.86% in 2026.
  • Business Quant data shows GMED's Tax Rate at 20.86% in Q1 2026, 16.92% in Q4 2025, and 17.38% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Abbott Laboratories 201.40 Bn 194.75 Bn 6.27 Bn 25.67%
2 Stryker 122.29 Bn 119.41 Bn 3.81 Bn 12.35%
3 Medtronic 105.01 Bn 96.40 Bn 6.41 Bn 31.35%
4 Boston Scientific 64.81 Bn 63.59 Bn 3.61 Bn -15.15%
5 Edwards Lifesciences 55.28 Bn 51.60 Bn 1.29 Bn 17.06%
6 Dexcom 29.06 Bn 27.94 Bn 750.30 Mn 25.97%
7 Koninklijke Philips 29.02 Bn 25.93 Bn 2.07 Bn -23.16%
8 GE HealthCare Technologies 28.27 Bn 26.20 Bn 1.98 Bn 18.61%
9 Smith & Nephew 25.80 Bn 25.22 Bn - -
10 Globus Medical 10.21 Bn 9.58 Bn 525.79 Mn 20.86%

Historic Data

Download Data
DateValue
Mar 31, 2026 20.86%
Mar 31, 2026 20.86%
Mar 31, 2026 20.86%
Dec 31, 2025 16.92%
Dec 31, 2025 16.92%
Dec 31, 2025 16.92%
Sep 30, 2025 17.38%
Sep 30, 2025 17.38%
Sep 30, 2025 17.38%
Jun 30, 2025 -7.80%
Jun 30, 2025 -7.80%
Jun 30, 2025 -7.80%
Mar 31, 2025 27.21%
Mar 31, 2025 27.21%
Mar 31, 2025 27.21%
Dec 31, 2024 -7.45%
Dec 31, 2024 -7.45%
Dec 31, 2024 -7.45%
Sep 30, 2024 9.11%
Sep 30, 2024 9.11%