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)+17%
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

Globus Medical Financials and Metrics

Globus Medical Financials

Globus Medical's revenue was reported to be $155.8 m in Q1, 2017
USD

Revenue (Q1, 2017)

155.8 m

Gross profit (Q1, 2017)

120.2 m

Gross profit margin (Q1, 2017), %

77%

Net income (Q1, 2017)

28.7 m

EBIT (Q1, 2017)

40.3 m

Market capitalization (20-Oct-2017)

3 b

Cash (31-Mar-2017)

182.4 m
Globus Medical's current market capitalization is $3 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
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Revenue

133.6 m137 m139.3 m137.5 m135.7 m155.8 m

Cost of goods sold

32.6 m33.1 m31.6 m32.9 m31.5 m35.6 m

Gross profit

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

Gross profit Margin, %

76%76%77%76%77%77%
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
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Cash

136.5 m169.4 m75 m41.6 m50.5 m81.3 m95.3 m90.2 m182.4 m

Inventories

76.4 m77.4 m98.9 m101 m105.7 m105.1 m104.4 m115.6 m113 m

Current Assets

467.1 m484.8 m455.7 m454.8 m506.3 m515.5 m535.4 m478.2 m540.9 m

Goodwill

18.4 m18.4 m93.6 m93.6 m92 m92 m92 m110.3 m106.2 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)
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Net Income

41.8 m64.8 m24.6 m48.7 m75.2 m28 m53.8 m80 m28.7 m

Depreciation and Amortization

10.7 m16.1 m5.7 m11.6 m17.7 m6.7 m13.7 m21.5 m1.8 m

Accounts Receivable

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

Inventories

(9.5 m)(12.5 m)(7.4 m)(11.7 m)(17 m)(2.3 m)(3.8 m)(6.6 m)113 m
USDY, 2017

Revenue/Employee

119.9 k

Financial Leverage

1.1 x
Show all financial metrics

Globus Medical Market Value History

Globus Medical Median Salaries

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

Traffic Overview of Globus Medical

Globus Medical Online and Social Media Presence

Globus Medical Company Life and Culture

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