SequelSEC

GLOBUS MEDICAL INC GMED

Surgical & Medical Instruments & Apparatus · CIK 0001237831 · Fiscal year ends 1231

Revenue
$3.14B
Fiscal year ended 2026-06-30
Operating income
$639.52M
Fiscal year ended 2026-06-30
Free cash flow
$755.59M
Fiscal year ended 2026-06-30

Valuation, from the filing

Public float$6.60BMarket value of stock held by non-affiliates, as stated on the cover page for 2025-06-30
Float per share$48.80Float divided by shares outstanding in the same filing. A floor under the share price on that date, not the price itself.
Float / net income12.3×A lower bound on the multiple, because affiliate holdings are excluded.
Float / revenue2.2×A lower bound on the multiple, because affiliate holdings are excluded.
Float / equity1.4×A lower bound on the multiple, because affiliate holdings are excluded.

Every figure here is drawn from the 10-K cover page and the statements behind it, so each one traces to a filing. Public float counts only stock held by non-affiliates, which makes these floors rather than estimates: a high multiple is conclusive, a low one may mean cheap or may mean closely held. The float was measured on 2025-06-30, not today, and each multiple below it uses the figures for the fiscal year ending 2025-12-31 — the year that filing covered.

Valuation over time

12.3× earnings today, against a median of 22.6× across 11 years on record. Below its own history.

Float measuredPublic floatFloat / net income
2025-06-30$6.60B12.3×
2024-06-30$7.70B74.8×
2023-06-30$4.60B37.4×
2022-06-30$4.30B22.6×
2021-06-30$5.90B39.5×
2020-06-30$3.50B34.2×
2019-12-31$3.30B21.3×
2019-06-30$3.30B21.3×
2018-06-30$3.77B24.1×
2017-06-30$2.34B21.8×
2016-06-30$1.66B15.9×

Each float is paired with the fiscal year the filing that stated it covers. Only years where the company reported positive net income appear, because a multiple against a loss is not a multiple.

How this compares in its industry

Percentile among the Surgical & Medical Instruments & Apparatus filers on this site, highest value first. A high percentile means a large figure, which is good for a margin and not for leverage — the ranking says where the company sits, not whether that is where it should be.

MeasureReportedPercentile
FCF margin20.0%95th
Net margin18.3%93th
Operating margin16.3%88th
SBC / revenue1.7%20th
R&D / revenue5.0%25th
CapEx / revenue5.6%70th
Effective tax rate11.1%32th
Gross margin67.4%65th
Current ratio4.26x64th
Revenue YoY growth16.7%60th

GLOBUS MEDICAL INC (GMED) reported revenue of $3.14B and net income of $535.43M for the fiscal year ended 2026-06-30. This page shows 1 annual period of income statement, balance sheet and cash flow figures normalized from GLOBUS MEDICAL INC’s SEC filings, each linked to the filing it came from. It is classified by the SEC under Surgical & Medical Instruments & Apparatus.

Income

GLOBUS MEDICAL INC income by fiscal year, in US dollars, normalized from SEC filings.
Metric2026-06-30
Revenue$3.14B
Cost of revenue$989.14M
Gross profit$2.16B
Operating income$639.52M
Net income$535.43M
Research & development$147.06M
Weighted-average diluted sharesUnavailable
Pretax income$660.12M
Income tax expense$124.69M
Diluted EPSUnavailable
Selling, general & administrative$1.22B
General & administrativeUnavailable
Selling & marketingUnavailable

Balance

GLOBUS MEDICAL INC balance by fiscal year, in US dollars, normalized from SEC filings.
Metric2026-06-30
Cash & equivalents$507.74M
Total assets$5.49B
Current assets$2.22B
Total liabilities$719.66M
Current liabilities$479.35M
Total equity incl. NCI$4.77B
Temporary (mezzanine) equityUnavailable
Inventory$810.90M
Accounts receivable$692.18M
Goodwill$1.44B
Long-term debtUnavailable
Accounts payable$106.94M

Cash flow

GLOBUS MEDICAL INC cash flow by fiscal year, in US dollars, normalized from SEC filings.
Metric2026-06-30
Operating cash flow$910.39M
Capital expenditures$154.80M
Investing cash flow-$499.01M
Financing cash flow-$135.13M
Net change in cash$278.30M
Stock-based compensation$48.96M
Common dividends paidUnavailable
Common share repurchases$221.06M
Depreciation & amortization$279.91M

Derived

GLOBUS MEDICAL INC derived by fiscal year, in US dollars, normalized from SEC filings.
Metric2026-06-30
Free cash flow$755.59M
Gross margin68.5%
Operating margin20.3%
FCF margin24.0%
SBC / revenue1.6%
Current ratio4.62x
Revenue YoY growth19.7%
Net margin17.0%
R&D / revenue4.7%
CapEx / revenue4.9%
Long-term debt / equityUnavailable
Effective tax rate18.9%

Amounts are abbreviated; the exact reported value is carried in each cell. — means unavailable, not zero. Open GMED in the interactive workspace to inspect any figure back to its filing.

Source filings

10-Q · Filed 2026-08-06View SEC filing
10-Q · Filed 2026-05-07View SEC filing
10-K · Filed 2026-02-24View SEC filing
10-Q · Filed 2025-11-06View SEC filing
10-Q · Filed 2025-08-07View SEC filing
10-Q · Filed 2025-05-08View SEC filing

Companies in the same industry

Every accounting identity this site checks — the balance sheet, the gross profit bridge and the cash flow statement — reconciles in every period shown.