Globus Medical
GMED
$50.35
Share price
-0.79%
Change (1 day)
-13.61%
Change (1 year)
Operating Margin for Globus Medical (GMED)
Operating Margin as of April 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 |
|---|---|---|
| 2022 | 23.76% | 26.18% |
| 2021 | 18.83% | 18.01% |
| 2020 | 15.96% | -34.03% |
| 2019 | 24.19% | -8.57% |
| 2018 | 26.45% | -0.99% |
| 2017 | 26.72% | -4.19% |
| 2016 | 27.89% | -12.09% |
| 2015 | 31.72% | 8.54% |
| 2014 | 29.23% | 24.49% |
| 2013 | 23.48% | -20.96% |
| 2012 | 29.70% | 1.56% |
| 2011 | 29.25% | -3.93% |
| 2010 | 30.44% | -5.31% |
| 2009 | 32.15% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 Stryker Corporation SYK | 16.21% | -31.98% | 🇺🇸 USA |
 Orthofix Medical
OFIX | -2.90% | -112.17% | 🇺🇸 USA |
 NuVasive NUVA | 4.35% | -81.75% | 🇺🇸 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.