GLOBUS MEDICAL INC Annual Operating Margin in % from 2016 to 2023

Taxonomy & unit
ratio: %
Description
The operating margin measures the profit a company makes on a dollar of sales after accounting for the direct costs involved in earning those revenues.
Summary
Globus Medical Inc quarterly/annual Operating Margin history and growth rate from 2016 to 2023.
  • Globus Medical Inc Operating Margin for the quarter ending June 30, 2024 was 3.05 %, a 85.9% decline year-over-year.
  • Globus Medical Inc annual Operating Margin for 2023 was 8.49 %, a 61.9% decline from 2022.
  • Globus Medical Inc annual Operating Margin for 2022 was 22.3 %, a 24.2% increase from 2021.
  • Globus Medical Inc annual Operating Margin for 2021 was 18 %, a 27% increase from 2020.
Operating Margin, Annual (%)
Operating Margin, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date
2023 8.49 -13.8 -61.9% Jan 1, 2023 Dec 31, 2023
2022 22.3 +4.34 +24.2% Jan 1, 2022 Dec 31, 2022
2021 18 +3.82 +27% Jan 1, 2021 Dec 31, 2021
2020 14.1 -7.78 -35.5% Jan 1, 2020 Dec 31, 2020
2019 21.9 -1.85 -7.79% Jan 1, 2019 Dec 31, 2019
2018 23.8 -1.7 -6.68% Jan 1, 2018 Dec 31, 2018
2017 25.5 -1.88 -6.88% Jan 1, 2017 Dec 31, 2017
2016 27.3 Jan 1, 2016 Dec 31, 2016
* An asterisk sign (*) next to the value indicates that the value is likely invalid.