Growth Metrics

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

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

Globus Medical (GMED) has 16 years of Tax Rate data on file, last reported at 20.86% in Q1 2026.

  • For the quarter ending Q1 2026, Tax Rate fell 634.0% year-over-year to 20.86%; the trailing twelve-month figure through Mar 2026 stood at 10.9% (down 944.0% YoY), and the FY2025 full-year result was 11.11%, down 359.0% from the prior year.
  • Tax Rate for Q1 2026 stood at 20.86%, 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.
  • The 5-year median for Tax Rate is 22.25% (2023), against an average of 23.22%.
  • The widest annual swing landed in 2022, when Tax Rate slumped 5748 bps; it then jumped 3780 bps in 2023.
  • A 5-year view of Tax Rate shows it stood at 55.35% in 2022, then retreated by 28 bps to 39.85% in 2023, then sank by 119 bps to 7.45% in 2024, then jumped by 327 bps to 16.92% in 2025, then gained 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.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Abbott Laboratories 152.82 Bn 146.17 Bn 6.27 Bn 25.67
2 Stryker 115.07 Bn 112.19 Bn 3.81 Bn 12.35
3 Medtronic 95.25 Bn 87.08 Bn 5.76 Bn 18.09
4 Boston Scientific 71.38 Bn 70.17 Bn 3.61 Bn -15.15
5 Edwards Lifesciences 51.08 Bn 47.41 Bn 1.29 Bn 17.06
6 Koninklijke Philips 29.38 Bn 26.07 Bn 2.07 Bn -23.16
7 Dexcom 28.84 Bn 27.72 Bn 750.30 Mn 25.97
8 GE HealthCare Technologies 28.56 Bn 26.49 Bn 1.98 Bn 18.61
9 Steris 20.71 Bn 20.30 Bn 697.10 Mn 27.65
10 Globus Medical 10.79 Bn 10.16 Bn 525.79 Mn 20.86

Historic Data

Download Data 🔒
DateValue
Mar 31, 2026 20.86
Mar 31, 2026 20.86
Dec 31, 2025 16.92
Dec 31, 2025 16.92
Sep 30, 2025 17.38
Sep 30, 2025 17.38
Jun 30, 2025 -7.80
Jun 30, 2025 -7.80
Mar 31, 2025 27.21
Mar 31, 2025 27.21
Dec 31, 2024 -7.45
Dec 31, 2024 -7.45
Sep 30, 2024 9.11
Sep 30, 2024 9.11
Jun 30, 2024 33.25
Jun 30, 2024 33.25
Mar 31, 2024 16.84
Mar 31, 2024 16.84
Dec 31, 2023 39.85
Dec 31, 2023 39.85
Sep 30, 2023 60.63
Sep 30, 2023 60.63
Jun 30, 2023 22.71
Jun 30, 2023 22.71
Mar 31, 2023 22.25
Mar 31, 2023 22.25
Dec 31, 2022 55.35
Dec 31, 2022 55.35
Sep 30, 2022 22.83
Sep 30, 2022 22.83
Jun 30, 2022 22.61
Jun 30, 2022 22.61
Mar 31, 2022 22.12
Mar 31, 2022 22.12
Dec 31, 2021 112.83
Dec 31, 2021 112.83
Sep 30, 2021 13.30
Sep 30, 2021 13.30
Jun 30, 2021 15.10
Jun 30, 2021 15.10
Mar 31, 2021 20.75
Mar 31, 2021 20.75
Dec 31, 2020 -10.05
Dec 31, 2020 -10.05
Sep 30, 2020 16.78
Sep 30, 2020 16.78
Jun 30, 2020 5.04
Jun 30, 2020 5.04
Mar 31, 2020 20.15
Mar 31, 2020 20.15
Dec 31, 2019 10.59
Dec 31, 2019 10.59
Sep 30, 2019 18.06
Sep 30, 2019 18.06
Jun 30, 2019 18.96
Jun 30, 2019 18.96
Mar 31, 2019 20.27
Mar 31, 2019 20.27
Dec 31, 2018 -0.39
Dec 31, 2018 -0.39
Sep 30, 2018 17.35
Sep 30, 2018 17.35
Jun 30, 2018 10.59
Jun 30, 2018 10.59
Mar 31, 2018 17.76
Mar 31, 2018 17.76
Dec 31, 2017 1.38
Dec 31, 2017 1.38
Sep 30, 2017 31.50
Sep 30, 2017 31.50
Jun 30, 2017 27.53
Jun 30, 2017 27.53
Mar 31, 2017 32.30
Mar 31, 2017 32.30
Dec 31, 2016 33.39
Dec 31, 2016 33.39
Sep 30, 2016 32.50
Sep 30, 2016 32.50
Jun 30, 2016 32.68
Jun 30, 2016 32.68
Mar 31, 2016 35.77
Mar 31, 2016 35.77
Dec 31, 2015 33.13
Dec 31, 2015 33.13
Sep 30, 2015 35.30
Sep 30, 2015 35.30
Jun 30, 2015 35.81
Jun 30, 2015 35.81
Mar 31, 2015 35.43
Mar 31, 2015 35.43
Dec 31, 2014 29.99
Dec 31, 2014 29.99
Sep 30, 2014 33.73
Sep 30, 2014 33.73
Jun 30, 2014 35.23
Jun 30, 2014 35.23
Mar 31, 2014 34.93
Mar 31, 2014 34.93
Dec 31, 2013 34.05
Dec 31, 2013 34.05
Sep 30, 2013 31.62
Sep 30, 2013 31.62
Jun 30, 2013 32.31
Jun 30, 2013 32.31
Mar 31, 2013 32.60
Mar 31, 2013 32.60
Dec 31, 2012 28.62
Dec 31, 2012 28.62
Sep 30, 2012 38.97
Sep 30, 2012 38.97
Jun 30, 2012 37.21
Jun 30, 2012 37.21
Mar 31, 2012 37.86
Mar 31, 2012 37.86
Dec 31, 2011 42.24
Dec 31, 2011 42.24
Sep 30, 2011 36.02
Sep 30, 2011 36.02
Jun 30, 2011 33.06
Jun 30, 2011 33.06