Globus Medical
GMED
#1678
Rank
$9.70 B
Marketcap
$71.89
Share price
0.20%
Change (1 day)
15.49%
Change (1 year)

Operating Margin for Globus Medical (GMED)

Operating Margin as of July 2024 (TTM): 4.93%

According to Globus Medical's latest financial reports and stock price the company's current Operating Margin is 4.93%. At the end of 2023 the company had an Operating Margin of 10.54%.

Operating Margin history for Globus Medical from 2011 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
202310.54%-55.62%
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
4.35%-11.76%๐Ÿ‡บ๐Ÿ‡ธ USA
18.68% 278.90%๐Ÿ‡บ๐Ÿ‡ธ USA
-19.91%-503.85%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.