Globus Medical
GMED
#1754
Rank
$9.05 B
Marketcap
$67.00
Share price
-0.03%
Change (1 day)
16.58%
Change (1 year)

Operating Margin for Globus Medical (GMED)

Operating Margin as of June 2024 (TTM): 23.83%

According to Globus Medical's latest financial reports and stock price the company's current Operating Margin is 23.83%. At the end of 2022 the company had an Operating Margin of 23.76%.

Operating Margin history for Globus Medical from 2011 to 2023

Operating Margin at the end of each year

Year Operating Margin Change
202223.76%26.18%
202118.83%18.01%
202015.96%-34.03%
201924.19%-8.57%
201826.45%-0.99%
201726.72%-4.19%
201627.89%-12.09%
201531.72%8.54%
201429.23%24.49%
201323.48%-20.96%
201229.70%1.56%
201129.25%-3.93%
201030.44%-5.31%
200932.15%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
16.21%-31.98%๐Ÿ‡บ๐Ÿ‡ธ USA
-2.90%-112.17%๐Ÿ‡บ๐Ÿ‡ธ USA
4.35%-81.75%๐Ÿ‡บ๐Ÿ‡ธ USA

What is a company's Operating Margin

The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.