Globus Medical Inc (GMED)
84.72
-0.19
(-0.22%)
USD |
NYSE |
Nov 22, 16:00
84.72
0.00 (0.00%)
Pre-Market: 20:00
Globus Medical Gross Profit Margin (Quarterly): 56.77% for Sept. 30, 2024
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
| Date | Value |
|---|---|
| September 30, 2024 | 56.77% |
| June 30, 2024 | 58.70% |
| March 31, 2024 | 60.19% |
| December 31, 2023 | 56.94% |
| September 30, 2023 | 64.71% |
| June 30, 2023 | 73.78% |
| March 31, 2023 | 74.40% |
| December 31, 2022 | 74.28% |
| September 30, 2022 | 74.23% |
| June 30, 2022 | 74.03% |
| March 31, 2022 | 74.34% |
| December 31, 2021 | 75.28% |
| September 30, 2021 | 74.51% |
| June 30, 2021 | 74.56% |
| March 31, 2021 | 75.80% |
| December 31, 2020 | 73.93% |
| September 30, 2020 | 73.58% |
| June 30, 2020 | 65.99% |
| March 31, 2020 | 74.36% |
| December 31, 2019 | 76.96% |
| September 30, 2019 | 76.87% |
| June 30, 2019 | 77.39% |
| March 31, 2019 | 77.13% |
| December 31, 2018 | 76.55% |
| September 30, 2018 | 77.64% |
| Date | Value |
|---|---|
| June 30, 2018 | 78.29% |
| March 31, 2018 | 78.23% |
| December 31, 2017 | 76.79% |
| September 30, 2017 | 75.75% |
| June 30, 2017 | 75.59% |
| March 31, 2017 | 77.15% |
| December 31, 2016 | 74.27% |
| September 30, 2016 | 76.81% |
| June 30, 2016 | 76.19% |
| March 31, 2016 | 77.37% |
| December 31, 2015 | 75.50% |
| September 30, 2015 | 75.96% |
| June 30, 2015 | 75.61% |
| March 31, 2015 | 75.60% |
| December 31, 2014 | 75.79% |
| September 30, 2014 | 76.49% |
| June 30, 2014 | 76.59% |
| March 31, 2014 | 77.84% |
| December 31, 2013 | 76.77% |
| September 30, 2013 | 76.38% |
| June 30, 2013 | 76.86% |
| March 31, 2013 | 77.63% |
| December 31, 2012 | 80.55% |
| September 30, 2012 | 80.09% |
| June 30, 2012 | 80.85% |
Gross Profit Margin Definition
Gross Profit Margin is calculated using Gross Profit/Revenue. This metric measures the overall efficiency of a company in being able to turn revenue into gross profit and doing this by keeping cost of goods sold low. An analyst looking at gross profit margin might look for a higher gross profit margin relative to other comparable companies as well as a gross profit margin that is growing.
Gross Profit Margin (Quarterly) Range, Past 5 Years
56.77%
Minimum
Sep 2024
76.96%
Maximum
Dec 2019
70.37%
Average
74.13%
Median
Gross Profit Margin (Quarterly) Benchmarks
| Boston Scientific Corp | 68.83% |
| Haemonetics Corp | 54.25% |
| ResMed Inc | 58.57% |
| AngioDynamics Inc | 54.41% |
| Stryker Corp | 64.02% |
Gross Profit Margin (Quarterly) Related Metrics
| Return on Equity | 2.27% |
| Return on Assets | 1.80% |
| Return on Invested Capital | 2.05% |
| Profit Margin (Quarterly) | 8.28% |
| Operating Margin (Quarterly) | 7.83% |
| Return on Net Operating Assets | 2.11% |