Company / Gross Profit
Globus Medical Gross Profit History
FY2016-FY2023 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Gross Profit
$1.0B
FY2023
5-year range
$605.4M / $1.0B
FY2019-FY2023
Trend
+34.4%
vs FY2022
Sector context
#38 of 100
Health Care
What the data says
At $1.0B, Globus Medical's gross profit ranks #38 of 100 in the Health Care sector. Gross Profit has increased for 3 consecutive years, from $554M in FY2020 to $1.0B in FY2023.
Based on SEC 10-K filings.
$1.0B in FY2023 with a 5-year CAGR of +18.9%.
Improved from $605M to $1.0B over the past 2 years.
Health Care sector context is included.
Gross Profit over time
Growth rates
- 3-Year CAGR
- +22.6%
- 5-Year CAGR
- +18.9%
- 10-Year CAGR
- -
Sector benchmark
#38 of 100 in Health CareTop 38% of 100This company $1.0B Sector average $1.8B
▼
-43.9% below sector average
Key checks
Key Insights
- Globus Medical's gross profit has grown for 3 consecutive years.
- 5-year CAGR of +18.9%, indicating consistent growth.
- In FY2023, gross profit increased 34.4% year-over-year.
- Ranks #38 out of 100 companies in the Health Care sector.
Company context
Key Data Points
- Altman Z-Score 3.91 (safe zone, above 2.9 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Gross ProfitValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | - | - |
| FY2024 | - | - |
| FY2023 | $1.0B | +34.4% |
| FY2022 | $759.1M | +25.4% |
| FY2021 | $605.4M | +9.4% |
| FY2020 | $553.6M | -8.6% |
| FY2019 | $605.4M | +41.0% |
| FY2018 | $429.3M | -11.6% |
| FY2017 | $485.5M | +33.5% |
| FY2016 | $363.6M | +8.8% |
As of FY2023 · SEC 10-K · Updated Jun 30, 2026