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

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

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

Globus Medical has reported Tax Rate for 16 years, with the latest figure 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.
  • The five-year high for Tax Rate was 60.63% in Q3 2023, with the low at 7.8% in Q2 2025.
  • Historically, Tax Rate has averaged 23.22% across 5 years, with a median of 22.25% in 2023.
  • Annual changes were most pronounced in 2022 — Tax Rate plunged 5748 bps — and 2023, when it jumped 3780 bps.
  • Globus Medical's Tax Rate 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.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Abbott Laboratories 154.42 Bn 147.76 Bn 6.27 Bn 25.67
2 Stryker 118.12 Bn 115.25 Bn 3.81 Bn 12.35
3 Medtronic 101.72 Bn 93.55 Bn 5.76 Bn 18.09
4 Boston Scientific 67.19 Bn 65.98 Bn 3.61 Bn -15.15
5 Edwards Lifesciences 50.69 Bn 47.02 Bn 1.29 Bn 17.06
6 Koninklijke Philips 29.38 Bn 26.07 Bn 2.07 Bn -23.16
7 Dexcom 28.09 Bn 26.97 Bn 750.30 Mn 25.97
8 GE HealthCare Technologies 28.08 Bn 26.02 Bn 1.98 Bn 18.61
9 Steris 19.80 Bn 19.37 Bn 697.10 Mn 27.65
10 Globus Medical 10.71 Bn 10.08 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%