GMED Globus Medical margins

Relative Growth: Rel. Growth:

Relative Strength: Rel. Strength:

Relative Valuation: Rel. Valuation:

Relative Profitability: Rel. Profitability: 87

Gross margin

69.1%

Operating margin

21.6%

EBITDA margin

30.4%

Net margin

17.8%

Based on the latest figures, Globus Medical reports a gross margin of 69.1%, an operating margin of 21.6%, an EBITDA margin of 30.4%, and a net margin of 17.8%. Operating margin had the largest improvement, expanding by 8.2 percentage points, while the other available margins also increased.

GMED margin history

Gross, operating, EBITDA and net margin trends

Over the last 3 years, Globus Medical recorded average margins of 63.79% gross, 11.42% operating, 22.18% EBITDA, and 10.77% net. The current gross, operating, EBITDA, and net margins are all above their three-year averages.

GMED margin expansion

Year-over-year margin changes in percentage points

All available margins expanded year over year, led by operating margin with an increase of 8.2 percentage points.

Gross margin expansion

3.8pp

Operating margin expansion

8.2pp

EBITDA margin expansion

4pp

Net margin expansion

2.5pp

GMED Gross margin

Across the last 3 years, Globus Medical's gross margin came to 63.79%. The current gross margin stands at 69.1%, 5.3 percentage points above its three-year average. Gross margin was highest at 69.1% in Sep 2026 and lowest at 58.1% in Sep 2024.

GMED Operating margin

The average operating margin for Globus Medical was 11.42% in the last 3 years. Currently, the current operating margin for Globus Medical is 21.6%, 10.2 percentage points above its three-year average. The operating margin for Globus Medical moved between 3% in Jun 2024 and 21.6% in Sep 2026.

GMED EBITDA margin

The average EBITDA margin for Globus Medical was 22.18% in the last 3 years. Against its three-year average, Globus Medical's EBITDA margin is currently 30.4%, 8.2 percentage points above its three-year average. The EBITDA margin for Globus Medical moved between 13.1% in Jun 2024 and 30.4% in Sep 2026.

GMED Net margin

Looking back over the last 3 years, Globus Medical recorded an average net margin of 10.77%. Globus Medical's current net margin is 17.8% and is 7 percentage points above its three-year average. The highest net margin for Globus Medical was 18.9% in Mar 2026, while the lowest was 1.8% in Jun 2024.

GMED margin group comparison

Margins compared with peer-group, industry and sector averages

With a gross margin of 69.1%, GMED stands higher than the Healthcare sector and the industry average. But when looking at the Healthcare sector average of 68.3%, Globus Medical's gross margin is only 1.2% higher.

GMED margin peer comparison

Compare margins with selected peers

Frequently asked questions

What is Globus Medical's gross margin?

The current gross margin for GMED is 69.1% as of Sep 30, 2026.

What is Globus Medical's operating margin?

The current operating margin for GMED is 21.6% as of Sep 30, 2026.

What is Globus Medical's EBITDA margin?

For the period ending Sep 30, 2026, GMED recorded an EBITDA margin of 30.4%.

What is Globus Medical's net margin?

The current net margin for GMED is 17.8% as of Sep 30, 2026.

What are the average margins of GMED?

Over the past 3 years, GMED reported average margins of 63.8% gross, 11.4% operating, 22.2% EBITDA, and 10.8% net.

What are the highest historical margins of GMED?

Looking back across 5 years, GMED reached 75% gross in Dec 2021, 22.3% operating in Mar 2023, 30.4% EBITDA in Sep 2026, and 18.9% net in Mar 2026.

What are the lowest historical margins of GMED?

Over the last 5 years, Globus Medical's lowest margins were 58.1% gross in Sep 2024, 3% operating in Jun 2024, 13.1% EBITDA in Jun 2024, and 1.8% net in Jun 2024.