Globus Medical (GMED) Tax Rate (2011 - 2026)
Globus Medical's Tax Rate was 20.15% in Q2 2026, up 27.95 percentage points from -7.80% a year earlier but down 0.71 percentage points from the prior quarter.
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Analysis
Globus Medical (GMED) Tax Rate (2011 - 2026) Analysis & Trends
On a trailing twelve-month basis, Globus Medical's Tax Rate was 18.89% through Jun 30, 2026, up 14.37 percentage points year-over-year; for FY2025, it was 11.11%, down 3.59 percentage points from FY2024.
- Tax Rate shows a five-year change of -7.65 percentage points (FY2020 to FY2025).
- In earlier years, Tax Rate was 14.69% in FY2024 (-11.02 pp), 25.71% in FY2023 (+3.96 pp), 21.75% in FY2022 (+4.44 pp) and 17.30% in FY2021 (-1.45 pp).
- Quarterly Tax Rate has moved between -7.80% (Q2 2025) and 60.63% (Q3 2023) over five years.
- Compared with a year earlier, Tax Rate was higher in four of the last eight quarters, with an average year-over-year change of -9.40 percentage points.
- The best year-over-year quarter for Tax Rate over five years was Q3 2023 (a gain of 37.80 percentage points); the worst was Q3 2024 (a drop of 51.52 percentage points).
- Per Business Quant data, GMED's Tax Rate in the three quarters before Q2 2026 was 20.86% (Q1 2026), 16.92% (Q4 2025) and 17.38% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 249.71 Bn | 228.86 Bn | 4.88 Bn | 8.68% |
| 2 | Abbott Laboratories | 171.00 Bn | 142.08 Bn | 7.27 Bn | 39.11% |
| 3 | Danaher | 155.79 Bn | 139.61 Bn | 3.61 Bn | 19.29% |
| 4 | Intuitive Surgical | 143.91 Bn | 123.46 Bn | 1.96 Bn | 21.94% |
| 5 | Medtronic | 110.42 Bn | 76.29 Bn | 6.34 Bn | 16.34% |
| 6 | Stryker | 105.71 Bn | 91.82 Bn | 4.50 Bn | 18.41% |
| 7 | Boston Scientific | 63.26 Bn | 58.27 Bn | 3.85 Bn | 14.62% |
| 8 | Edwards Lifesciences | 49.80 Bn | 33.91 Bn | 1.35 Bn | 53.56% |
| 9 | Becton Dickinson | 48.78 Bn | 45.93 Bn | 2.32 Bn | 18.41% |
| 10 | Globus Medical | 10.06 Bn | 7.88 Bn | 548.17 Mn | 20.15% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 20.15% |
| Mar 31, 2026 | 20.86% |
| Dec 31, 2025 | 16.92% |
| Sep 30, 2025 | 17.38% |
| Mar 31, 2025 | 27.21% |
| Sep 30, 2024 | 9.11% |
| Jun 30, 2024 | 33.25% |
| Dec 31, 2023 | 39.85% |
| Sep 30, 2023 | 60.63% |
| Jun 30, 2023 | 22.71% |
| Mar 31, 2023 | 22.25% |
| Dec 31, 2022 | 19.40% |
| Sep 30, 2022 | 22.83% |
| Jun 30, 2022 | 22.61% |
| Mar 31, 2022 | 22.12% |
| Dec 31, 2021 | 23.81% |
| Sep 30, 2021 | 13.30% |
| Jun 30, 2021 | 15.10% |
| Mar 31, 2021 | 20.75% |
| Dec 31, 2020 | 14.88% |
API Access
Globus Medical Tax Rate API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=tax-rate&ticker=GMED&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "GMED", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=tax-rate&ticker=GMED&period=max&api_key=YOUR_API_KEY");
const data = await res.json();