Globus Medical (GMED) Tax Rate (2011 - 2026)
Globus Medical (GMED) posted Tax Rate of 20.86% for Q1 2026, up 23.29% on a QoQ basis from 16.92% in Q4 2025, and down 634.0% year-over-year from 3.91% in Q1 2025.
Globus Medical (GMED) Tax Rate (2011 - 2026) Analysis & Trends
Globus Medical's Tax Rate history runs 16 years deep, the most recent figure standing at 20.86% for 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 was 20.86% for Q1 2026 at Globus Medical, 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.
- 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 slumped 5152 bps.
- Globus Medical's Tax Rate stood at 55.35% in 2022, then decreased by 28 bps to 39.85% in 2023, then plunged by 119 bps to 7.45% in 2024, then surged by 327 bps to 16.92% in 2025, then advanced by 23 bps to 20.86% in 2026.
- Business Quant data shows GMED's Tax Rate at 20.86% in Q1 2026, 16.92% in Q4 2025, and 17.38% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 201.40 Bn | 194.75 Bn | 6.27 Bn | 25.67% |
| 2 | Stryker | 122.29 Bn | 119.41 Bn | 3.81 Bn | 12.35% |
| 3 | Medtronic | 105.01 Bn | 96.40 Bn | 6.41 Bn | 31.35% |
| 4 | Boston Scientific | 64.81 Bn | 63.59 Bn | 3.61 Bn | -15.15% |
| 5 | Edwards Lifesciences | 55.28 Bn | 51.60 Bn | 1.29 Bn | 17.06% |
| 6 | Dexcom | 29.06 Bn | 27.94 Bn | 750.30 Mn | 25.97% |
| 7 | Koninklijke Philips | 29.02 Bn | 25.93 Bn | 2.07 Bn | -23.16% |
| 8 | GE HealthCare Technologies | 28.27 Bn | 26.20 Bn | 1.98 Bn | 18.61% |
| 9 | Smith & Nephew | 25.80 Bn | 25.22 Bn | - | - |
| 10 | Globus Medical | 10.21 Bn | 9.58 Bn | 525.79 Mn | 20.86% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |
| Dec 31, 2024 | -7.45% |
| Sep 30, 2024 | 9.11% |
| Sep 30, 2024 | 9.11% |