GLOBUS MEDICAL INC (GMED) Income statement

Market cap

$12.5B

P/E ratio

23.7x

	2012/12	2013/12	2014/12	2015/12	2016/12	2017/12	2018/12	2019/12	2020/12	2021/12	2022/12	2023/12	2024/12	2025/12
Revenue	386	434	474	545	564	636	713	785	789	958	1,023	1,568	2,519	2,939
Revenue growth (%)	-
Cost of revenue	75	100	111	133	135	150	159	180	217	239	264	548	1,035	958
Gross profit	311	334	364	412	429	486	554	605	572	719	759	1,020	-	-
Gross margin (%)													-	-
Research & development	28	27	32	37	45	44	55	60	85	97	73	124	164	147
Selling, general & administrative	169	183	188	214	222	268	312	355	355	408	432	643	981	1,178
Operating margin (%)
Operating expenses	196	232	225	240	275	324	384	433	460	547	531	887	-	-
Operating income	115	102	138	172	154	162	169	172	111	172	228	133	166	480
Income before tax	115	102	139	173	157	170	189	190	126	180	243	165	121	605
Pretax margin (%)	29.7	23.5	29.2	31.7	27.9	26.7	26.5	24.2	16	18.8	23.8	10.5	4.8	20.6
Provision for income taxes	41	33	46	60	53	63	32	35	24	31	53	43	18	67
Effective tax rate (%)
Net income	74	69	92	113	104	107	156	155	102	149	190	123	103	538
Net income margin (%)
Earnings per share	0.82	0.74	0.98	1.19	1.09	1.12	1.6	1.57	1.04	1.48	1.89	1.09	0.76	3.98
Diluted EPS	0.8	0.73	0.97	1.17	1.08	1.1	1.54	1.52	1.01	1.44	1.85	1.07	0.75	3.92
EBITDA
EBITDA margin (%)