Company / Interest Expense
Globus Medical Interest Expense History
FY2016-FY2021 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Interest Expense
$17.4M
FY2021
5-year range
$17.4M / $17.4M
FY2017-FY2021
Trend
+31.1%
vs FY2020
Sector context
#34 of 43
Health Care
What the data says
Globus Medical's interest expense of $17M is lower than 79% of companies in the Health Care sector (FY2021). Interest Expense has increased for 3 consecutive years, from $805,000 in FY2016 to $17M in FY2021.
Based on SEC 10-K filings.
$17M in FY2021 with a 5-year CAGR of +84.9%.
Increased from $3M to $17M over the past 3 years.
Health Care sector context is included.
Interest Expense over time
Growth rates
- 3-Year CAGR
- +78.6%
- 5-Year CAGR
- +84.9%
- 10-Year CAGR
- -
Sector benchmark
Top 21% in Health CareTop 21% of 43This company $17.4M Sector average $324.8M
▼
-94.6% below sector average
Key checks
Key Insights
- 5-year CAGR of +84.9%, indicating consistent growth.
- In FY2021, interest expense increased 31.1% year-over-year.
- Ranks #34 out of 43 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 | Interest ExpenseValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | - | - |
| FY2024 | - | - |
| FY2023 | - | - |
| FY2022 | - | - |
| FY2021 | $17.4M | +31.1% |
| FY2020 | $13.3M | - |
| FY2019 | - | - |
| FY2018 | $3.1M | - |
| FY2017 | - | - |
| FY2016 | $805.0K | +72.4% |
As of FY2021 · SEC 10-K · Updated Jun 30, 2026