Company
Globus Medical, Inc.
Headquarters: Audubon, PA, United States
Founded: 2003
Employees: 2,400
CEO: Mr. David M. Demski
Market Cap
$12.58 Billion
USD as of Jan. 1, 2025
Globus Medical, Inc. Categories
United States Healthcare Medical DevicesUnited States Healthcare United States Medical Devices
Top Competitors by Market Capitalization
Industry: Medical Devices
| Company | Market Cap (USD) |
|---|---|
| Abbott | $213.72 B |
| Stryker | $150.01 B |
| Boston Scientific Corporation | $149.80 B |
| Medtronic | $114.44 B |
| Shenzhen Mindray Bio-Medical Electronics Co. Ltd | $47.37 B |
Sector:
| Company | Market Cap (USD) |
|---|---|
| Lilly | $689.42 B |
| Novo Nordisk | $622.07 B |
| UnitedHealth Group | $487.54 B |
| Johnson & Johnson | $353.05 B |
| AbbVie | $301.60 B |
Detailed Description
Globus Medical, Inc., a medical device company, develops and commercializes healthcare solutions for patients with musculoskeletal disorders in the United States and internationally. It offers spine products, such as traditional fusion implants comprising pedicle screw and rod systems, plating systems, intervertebral spacers, and corpectomy devices for treating degenerative, deformity, tumors, and trauma conditions; treatment options for motion preservation technologies that consist of dynamic stabilization, total disc replacement, and interspinous distraction devices; interventional pain management solutions to treat vertebral compression fractures; and regenerative biologic products comprising of allografts and synthetic alternatives. The company also offers products for the treatment of orthopedic trauma, including fracture plates, compression screws, intramedullary nails, and external fixation systems; and hip and knee joint solutions, including modular hip stems and acetabular cups, as well as posterior stabilizing and cruciate retaining knee arthroplasty implants. In addition, it distributes human cell, tissue, and cellular and tissue-based products. Globus Medical, Inc. was incorporated in 2003 and is headquartered in Audubon, Pennsylvania.
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Financials
| Last Financial Reports Date | Sept. 30, 2024 |
| Revenue TTM | $2.48 B |
| EBITDA | $464.2 M |
| Gross Profit TTM | $1.66 B |
| Profit Margin | 3.69% |
| Operating Margin | 17.67% |
| Quarterly Revenue Growth | 63.10% |
Stocks & Indices
Globus Medical, Inc. has the following listings and related stock indices.
Stock: NYSE: GMED wb_incandescent
Stock: BMV: GMED wb_incandescent
Stock: FSX: GM0N wb_incandescent
Product & Services
Medical Devices
Key People
Founder(s): David C. Paul
David C. Paul (Chairman) David M. Demski (CEO) Daniel T. Scavilla (Senior Vice President and CFO)