Globus Medical (GMED) Tax Rate (2011 - 2026)
Globus Medical's (GMED) quarterly Tax Rate came in at 20.86% in Q1 2026, down 634.0% YoY from 3.91% in Q1 2025, and up 23.29% on a QoQ basis from 16.92% in Q4 2025.
Globus Medical (GMED) Tax Rate (2011 - 2026) Analysis & Trends
Globus Medical (GMED) has 16 years of Tax Rate data on file, last reported at 20.86% in 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 grew to 20.86% in Q1 2026, from 16.92% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 60.63% in Q3 2023 to a low of 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 tumbled 5152 bps.
- Tracing GMED's Tax Rate over 5 years: stood at 55.35% in 2022, then fell by 28 bps to 39.85% in 2023, then slumped by 119 bps to 7.45% in 2024, then soared by 327 bps to 16.92% in 2025, then rose by 23 bps to 20.86% in 2026.
- The last three Tax Rate figures came in at 20.86% (Q1 2026), 16.92% (Q4 2025), and 17.38% (Q3 2025), per Business Quant data.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 200.20 Bn | 194.60 Bn | 7.27 Bn | 39.11% |
| 2 | Stryker | 129.69 Bn | 126.21 Bn | 4.50 Bn | 18.41% |
| 3 | Medtronic | 120.14 Bn | 110.92 Bn | 6.41 Bn | 31.35% |
| 4 | Boston Scientific | 74.16 Bn | 73.62 Bn | 3.85 Bn | 14.62% |
| 5 | Edwards Lifesciences | 52.68 Bn | 48.43 Bn | 1.35 Bn | 53.56% |
| 6 | Dexcom | 34.57 Bn | 32.62 Bn | 830.00 Mn | 21.54% |
| 7 | GE HealthCare Technologies | 34.09 Bn | 31.98 Bn | 2.18 Bn | 17.17% |
| 8 | Koninklijke Philips | 26.49 Bn | 23.17 Bn | 4.55 Bn | -21.74% |
| 9 | Steris | 23.19 Bn | 22.70 Bn | 684.20 Mn | 26.51% |
| 10 | Globus Medical | 11.83 Bn | 11.24 Bn | 548.17 Mn | 20.15% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 20.15% |
| Jun 30, 2026 | 20.15% |
| Jun 30, 2026 | 20.15% |
| 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% |