Globus Medical (GMED) Tax Rate (2011 - 2026)
Globus Medical's (GMED) quarterly Tax Rate came in at 20.15% in Q2 2026, up 2795.0% on a YoY basis from 0.7% in Q2 2025, and down 3.42% quarter-over-quarter from 20.86% in Q1 2026.
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Globus Medical (GMED) Tax Rate (2011 - 2026) Analysis & Trends
Globus Medical (GMED) has reported Tax Rate for 16 consecutive years, with 20.15% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Tax Rate rose 2795.0% year-over-year to 20.15%; the trailing twelve-month figure through Jun 2026 stood at 18.89% (up 1437.0% YoY), and the FY2025 full-year result was 11.11%, down 359.0% from the prior year.
- Tax Rate slipped to 20.15% in Q2 2026 per GMED's latest filing, from 20.86% 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.
- Historically, Tax Rate has averaged 22.85% across 5 years, with a median of 22.18% in 2022.
- The sharpest annual moves came in 2023 and 2024: Tax Rate surged 3780 bps in 2023, then plunged 5152 bps in 2024.
- Over 5 years, Tax Rate stood at 51.81% in 2022, then dropped by 23 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 grew by 19 bps to 20.15% in 2026.
- According to Business Quant data, Tax Rate over the past three periods registered 20.15%, 20.86%, and 16.92% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 181.19 Bn | 175.58 Bn | 7.27 Bn | 39.11% |
| 2 | Intuitive Surgical | 127.77 Bn | 122.55 Bn | 1.96 Bn | 21.94% |
| 3 | Medtronic | 117.13 Bn | 108.31 Bn | 6.34 Bn | 16.34% |
| 4 | Stryker | 104.67 Bn | 101.20 Bn | 4.50 Bn | 18.41% |
| 5 | Boston Scientific | 64.48 Bn | 63.94 Bn | 3.85 Bn | 14.62% |
| 6 | Edwards Lifesciences | 49.97 Bn | 45.72 Bn | 1.35 Bn | 53.56% |
| 7 | Alcon | 33.06 Bn | 31.61 Bn | 1.68 Bn | -100.00% |
| 8 | Dexcom | 32.37 Bn | 30.43 Bn | 830.00 Mn | 21.54% |
| 9 | Steris | 20.76 Bn | 20.28 Bn | 684.20 Mn | 26.51% |
| 10 | Globus Medical | 10.01 Bn | 9.42 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% |
| Jun 30, 2025 | -7.80% |
| Mar 31, 2025 | 27.21% |
| Dec 31, 2024 | -7.45% |
| Sep 30, 2024 | 9.11% |
| Jun 30, 2024 | 33.25% |
| Mar 31, 2024 | 16.76% |
| Dec 31, 2023 | 39.85% |
| Sep 30, 2023 | 60.63% |
| Jun 30, 2023 | 22.71% |
| Mar 31, 2023 | 22.25% |
| Dec 31, 2022 | 51.81% |
| Sep 30, 2022 | 22.83% |
| Jun 30, 2022 | 22.61% |
| Mar 31, 2022 | 22.12% |
| Dec 31, 2021 | 92.29% |
| Sep 30, 2021 | 13.30% |