Globus Medical Gross Margin 2010-2024 | GMED
- Globus Medical average gross margin for 2023 was 71.15%, a 4.32% decline from 2022.
- Globus Medical average gross margin for 2022 was 74.36%, a 0.09% decline from 2021.
- Globus Medical average gross margin for 2021 was 74.29%, a 0.32% increase from 2020.
Gross margin can be defined as a company's total sales revenue minus its cost of goods sold, divided by the total sales revenue, expressed as a percentage.