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Globus Medical Inc
NYSE:GMED

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Globus Medical Inc Logo
Globus Medical Inc
NYSE:GMED
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Price: 64.72 USD 0.56% Market Closed
Updated: May 13, 2024

Gross Margin
Globus Medical Inc

62.1%
Current
72%
Average
47.1%
Industry

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
62.1%
=
Gross Profit
1.2B
/
Revenue
1.9B

Gross Margin Across Competitors

Country US
Market Cap 8.7B USD
Gross Margin
62%
Country US
Market Cap 182.2B USD
Gross Margin
55%
Country US
Market Cap 137.2B USD
Gross Margin
66%
Country US
Market Cap 125.9B USD
Gross Margin
64%
Country IE
Market Cap 110.1B USD
Gross Margin
66%
Country US
Market Cap 108.3B USD
Gross Margin
69%
Country US
Market Cap 68.1B USD
Gross Margin
41%
Country DE
Market Cap 58.7B EUR
Gross Margin
36%
Country US
Market Cap 52.2B USD
Gross Margin
77%
Country CN
Market Cap 368.5B CNY
Gross Margin
65%
Country US
Market Cap 50.3B USD
Gross Margin
63%

Profitability Report

View the profitability report to see the full profitability analysis for Globus Medical Inc.

See Also

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What is Gross Margin?

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
62.1%
=
Gross Profit
1.2B
/
Revenue
1.9B
What is the Gross Margin of Globus Medical Inc?

Based on Globus Medical Inc's most recent financial statements, the company has Gross Margin of 62.1%.