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| Date | Value |
|---|---|
| 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 |