Globus Medical Inc (GMED)
64.00
-0.53
(-0.82%)
USD |
NYSE |
May 16, 16:00
64.00
0.00 (0.00%)
After-Hours: 17:31
Globus Medical Gross Profit Margin (Quarterly): 60.19% for March 31, 2024
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
| Date | Value |
|---|---|
| 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% |
| June 30, 2018 | 78.29% |
| March 31, 2018 | 78.23% |
| Date | Value |
|---|---|
| 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% |
| March 31, 2012 | 80.58% |
| December 31, 2011 | 77.85% |
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
56.94%
Minimum
Dec 2023
77.39%
Maximum
Jun 2019
72.31%
Average
74.31%
Median
Gross Profit Margin (Quarterly) Benchmarks
| Stryker Corp | 63.57% |
| Glaukos Corp | 76.34% |
| PROCEPT BioRobotics Corp | 56.21% |
| Paragon 28 Inc | 80.05% |
| Zimmer Biomet Holdings Inc | 72.88% |
Gross Profit Margin (Quarterly) Related Metrics
| Return on Equity | 2.08% |
| Return on Assets | 1.69% |
| Return on Invested Capital | 1.93% |
| Profit Margin (Quarterly) | -1.17% |
| Operating Margin (Quarterly) | 4.87% |
| Return on Net Operating Assets | 2.18% |