Globus Medical

Globus Medical, Inc. is a medical device company focused on the design, development, and commercialization of musculoskeletal implants that promote healing in patients with spine disorders. The Company's products are classified into two categories: Innovative Fusion and Disruptive Technologies. The Innovative Fusion products are used in cervical, thoracolumbar, sacral, and interbody, corpectomy fusion procedures to treat degenerative, deformity, tumor, and trauma conditions.

Company Growth (employees)
Type
Public
HQ
Eagleville, US
Founded
2003
Size (employees)
1,400 (est)
Globus Medical was founded in 2003 and is headquartered in Eagleville, US

Globus Medical Office Locations

Globus Medical has an office in Eagleville
Eagleville, US (HQ)
2560 General Armistead Ave
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Globus Medical Financials and Metrics

Globus Medical Financials

Globus Medical's revenue was reported to be $564 m in FY, 2016
USD

Revenue (Q3, 2017)

151.7 m

Gross profit (Q3, 2017)

114.9 m

Gross profit margin (Q3, 2017), %

76%

Net income (Q3, 2017)

25.6 m

EBIT (Q3, 2017)

35.8 m

Market capitalization (22-Dec-2017)

4 b

Cash (30-Sep-2017)

154.9 m
Globus Medical's current market capitalization is $4 b.
USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

434.5 m474.4 m544.8 m564 m

Revenue growth, %

9%15%4%

Cost of goods sold

132.8 m134.7 m

Gross profit

412 m429.3 m
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017

Revenue

133.6 m137 m139.3 m137.5 m135.7 m155.8 m152.4 m151.7 m

Cost of goods sold

32.6 m33.1 m31.6 m32.9 m31.5 m35.6 m37.2 m36.8 m

Gross profit

101 m103.9 m107.6 m104.6 m104.2 m120.2 m115.2 m114.9 m

Gross profit Margin, %

76%76%77%76%77%77%76%76%
USDFY, 2013FY, 2014FY, 2015FY, 2016

Cash

90 m82.3 m60.2 m132.6 m

Inventories

70.4 m90.9 m105.3 m112.7 m

Current Assets

416.8 m470 m544.8 m513.8 m

PP&E

64.2 m
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017

Cash

101.9 m104.6 m136.5 m169.4 m75 m41.6 m50.5 m81.3 m95.3 m90.2 m182.4 m149.7 m154.9 m

Inventories

71.2 m72.5 m76.4 m77.4 m98.9 m101 m105.7 m105.1 m104.4 m115.6 m113 m111.1 m111.5 m

Current Assets

384.8 m460.9 m467.1 m484.8 m455.7 m454.8 m506.3 m515.5 m535.4 m478.2 m540.9 m535.1 m563.6 m

PP&E

63.6 m
    USDFY, 2013FY, 2014FY, 2015FY, 2016

    Net Income

    68.6 m92.5 m112.8 m104.3 m

    Depreciation and Amortization

    19.4 m21.8 m24.1 m3.5 m

    Accounts Receivable

    (9.6 m)(13 m)(4.2 m)(4.7 m)

    Inventories

    (17 m)(18 m)(19 m)(10.5 m)
    USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q3, 2017

    Net Income

    47.6 m21.1 m41.8 m64.8 m24.6 m48.7 m75.2 m28 m53.8 m80 m28.7 m25.6 m

    Depreciation and Amortization

    14.2 m5.3 m10.7 m16.1 m5.7 m11.6 m17.7 m6.7 m13.7 m21.5 m1.8 m

    Accounts Receivable

    (2.1 m)(812 k)(2.5 m)(886 k)1.9 m1.6 m(3.5 m)2.2 m2.6 m3.1 m

    Inventories

    (15.7 m)(4 m)(9.5 m)(12.5 m)(7.4 m)(11.7 m)(17 m)(2.3 m)(3.8 m)(6.6 m)113 m111.5 m
      USDY, 2017

      Revenue/Employee

      108.4 k

      Financial Leverage

      1.1 x
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      Globus Medical Market Value History

      Globus Medical Median Salaries

      Source: 27 public H-1B filings from Globus Medical

      Globus Medical's Web-traffic and Trends

      Globus Medical Online and Social Media Presence

      Globus Medical Company Life and Culture

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