First Time Loading...

Globus Medical Inc
NYSE:GMED

Watchlist Manager
Globus Medical Inc Logo
Globus Medical Inc
NYSE:GMED
Watchlist
Price: 65.715 USD -2.14%
Updated: May 23, 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 8.9B USD
Gross Margin
62%
Country US
Market Cap 181.3B USD
Gross Margin
55%
Country US
Market Cap 142.8B USD
Gross Margin
66%
Country US
Market Cap 127.3B USD
Gross Margin
64%
Country IE
Market Cap 111B USD
Gross Margin
66%
Country US
Market Cap 110.6B USD
Gross Margin
69%
Country US
Market Cap 67.3B USD
Gross Margin
41%
Country DE
Market Cap 60.4B EUR
Gross Margin
38%
Country US
Market Cap 53.7B USD
Gross Margin
77%
Country CN
Market Cap 374.9B CNY
Gross Margin
65%
Country US
Market Cap 51.1B USD
Gross Margin
63%

Profitability Report

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

See Also

Discover More
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%.