Globus Medical Inc's Competitiveness
A competitive positioning analysis and financial ratio benchmarking of Globus Medical Inc (GMED) against its publicly traded competitors: sales growth, net income, profitability, valuation and market share, plus each peer's market capitalization, revenue, income and employees. Free below: the top 5 peers. Subscriber access adds the full competitor list and CSV downloads.
Key Findings: Globus Medical Inc vs Its Competitors
- TTM: Trailing 12-month revenue of 3,145M vs 186,289M combined for its competitors (1.7% combined share).
- Trending: Latest-quarter revenue run-rate is holding steady (+0.4% annualized vs trailing 12 months), vs accelerating (+2.8%) for its tracked peer group.
- Growth: Globus Medical Inc generated 5.9% revenue growth year over year in Q2 2026, vs 7.9% for its competitors combined.
- Profitability: Its 19.2% net margin compares with 18.4% for the peer group.
- Scale: Globus Medical Inc ranks #24 of 246 companies by market capitalization in the Medical Equipment & Supplies industry, holding 0.8% of industry market cap.
- Peer revenue share: Globus Medical Inc accounted for 1.6% of combined revenue among its tracked peer group, down from 1.7% a year earlier.
- Peer differentiation: Revenue per employee of $0.52M compares with $0.51M for the peer group (1.0x).
- Structure: Globus Medical Inc operates in the following segments: Reportable; and reports the following subsidiaries: Nevro Corp (competes with Abbott Laboratories, Boston Scientific Corporation, Si bone inc ).
Every figure above is sourced and cited in detail further down this page (Market Structure, Profitability & Cost Structure, Productivity vs Peers).
GMED Sales vs. its Competitors, Q2 2026
Globus Medical Inc reported revenue growth of 5.94 % year on year in Q2 2026, below its competitors' combined revenue growth of 7.91 %.
With a net margin of 19.20 %, Globus Medical Inc achieved higher profitability than its competitors (18.36 %).
Globus Medical Inc generated 1.62 % of the combined sales of its peer group, down from 1.65 % a year earlier.
API endpoints for this dataset
Globus Medical Inc vs. its Competitors, Q2 2026
Revenue growth, year on year
Net income growth, year on year
Net margin
Revenue run-rate vs trailing 12 months
TTM net margin
TTM = trailing twelve months. Run-rate annualizes the latest quarter (×4) and compares it to TTM. In millions of $. High-Confidence Competitors are named as a competitor directly in Globus Medical Inc reports; Similar-Size Competitors are the closest peers by market-cap rank within the same industry; Similar Growth & Profitability Competitors are the closest peers by combined revenue growth, operating margin and ROIC, all independent of the competitor list.
TTM revenue, latest-quarter run-rate and net income/margin benchmarked across Globus Medical Inc and its 4 competitor groupings. Available under Commercial License.
| Entity | TTM Revenue | Rev Run-rate vs TTM |
|---|---|---|
| Globus Medical Inc | $12,345M | +12.3% · Accelerating |
| Competitors combined | $12,345M | +12.3% · Accelerating |
| High-Confidence Competitors (13) | $12,345M | +12.3% · Accelerating |
| Similar-Size Competitors (9) | $12,345M | +12.3% · Accelerating |
| Similar Growth & Profitability (6) | $12,345M | +12.3% · Accelerating |
TTM revenue, run-rate and net margin benchmarking across Globus Medical Inc's competitor groups requires a Commercial License.
For context: the Medical Equipment & Supplies industry grew revenue 14.4% year over year, combined, vs 5.9% for Globus Medical Inc. Globus Medical Inc's share of combined industry revenue moved from 0.73% to 0.68%, a loss of 0.05 percentage points.
Globus Medical Inc's Competitor Quality Breadth
Group definitions: see Methodology: Performance Group Definitions.
| Entity | Profitable | Expanding | Above Industry Growth | Distressed |
|---|---|---|---|---|
| Globus Medical Inc | Yes | Yes | Yes | No |
| Competitors combined (27) | ||||
| High-Confidence Competitors (16) | ||||
| Similar-Size Competitors (9) | ||||
| Similar Growth & Profitability (8) | 100.00 % (8 of 8) | 100.00 % (8 of 8) | 100.00 % (8 of 8) | 0.00 % (0 of 8) |
Source: CSIMarket API, trailing 12 months. Altman Z-Score is not shown here: it is not populated in the underlying data for any company. Percentages are of companies in each group that report the relevant metric, not of the full group size.
GMED Stock Performance relative to its Competitors
GMED Stock Performance relative to High-Confidence Competitors
GMED Stock Performance relative to Similar-Size Competitors
GMED Stock Performance relative to Similar Growth & Profitability Competitors
5 Best-Performing Tracked Competitors, Trailing 12 Months
| # | Competitor | TTM Share Price Return | vs U.S.A. 500 |
|---|---|---|---|
| 1 | Adagio Medical Holdings inc | 282.9% | Outperformed |
| 2 | Monogram technologies inc | 282.9% | Outperformed |
| 3 | Orthopediatrics Corp | 282.9% | Outperformed |
| 4 | Si bone inc | 282.9% | Outperformed |
| 5 | Nuwellis Inc | 282.9% | Outperformed |
TTM share price return and U.S.A. 500 outperformance for Globus Medical Inc's best-performing competitors requires a Commercial License.
Source: CSIMarket API, trailing 12 months.
Globus Medical Inc's Comment on Competition and Industry Peers
Publicly Traded Peers of Globus Medical Inc
Revenue and income for trailing 12 months, in millions of $, except employees| Company | Market Cap | Revenues |
|---|---|---|
 Globus Medical Inc |
10,122.45 | 3,144.93 |
 Johnson and Johnson |
682,057.53 | 99,335.00 |
 Medtronic Plc |
131,664.92 | 37,542.00 |
 Stryker Corp |
126,304.70 | 26,300.00 |
 Edwards Lifesciences Corporation |
59,608.32 | 6,512.50 |
 Zimmer Biomet Holdings Inc |
20,573.69 | 8,508.80 |
| SUBTOTAL | 1,059,688.13 | 196,068.00 |
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Sources: see Methodology: Peer & Competitor Identification, Sourcing.
Updated on:
Focus of this report: publicly traded companies. Ten additional tables on Globus Medical Inc versus competitors, including market share analysis, are in the navigation menu under Competition. To download the tables, please subscribe.
Globus Medical Inc's Competitors Named by the Company
Competitive relationships identified from Globus Medical Inc reports and corroborating sources, each with a basis and confidence.| Competitor | Basis | Confidence |
|---|---|---|
| Bioventus Inc | Company report | 85% |
| Si bone inc | Company report | 85% |
| Medtronic Plc | Company report | 85% |
| Stryker Corp | Company report | 85% |
| Zimmer Biomet Holdings Inc | Company report | 85% |
| Alphatec Holdings Inc | Company report | 85% |
| Orthofix Medical Inc | Company report | 85% |
| Smith and Nephew Plc | Company report | 85% |
| Xtant Medical Holdings Inc | Company report | 85% |
| Bone Biologics Corporation | Company report | 85% |
| Boston Scientific | Company report | 85% |
| DePuy Synthes | Company report | 85% |
| ZimVie | Company report | 85% |
| Integra LifeSciences | Company report | 85% |
| VB Spine | Company report | 85% |
| Neuroone Medical Technologies Corp | Company report | 85% |
| Abbott Laboratories | Company report | 85% |
| Saluda | Company report | 85% |
| Biotronik | Company report | 85% |
| PainTeq | Company report | 85% |
| Elutia Inc | Company report | 85% |
| Nalu Medical, Inc. | Company report | 85% |
| Stimwave | Company report | 85% |
| Neuspera Medical Inc. | Company report | 85% |
| Conformis inc | Company report | 85% |
| Enovis Corp | Company report | 85% |
| Johnson and Johnson | Company report | 85% |
| Monogram technologies inc | Company report | 85% |
| Surgalign Holdings Inc | Company report | 85% |
| Inspire Medical Systems inc | Company report | 85% |
| Paragon 28 inc | Company report | 85% |
| Tenon Medical Inc | Company report | 85% |
| Procept Biorobotics Corporation | Company report | 85% |
| Pro dex Inc | Company report | 85% |
| Tactile Systems Technology Inc | Company report | 85% |
| Edwards Lifesciences Corporation | Company report | 85% |
| Teleflex Incorporated | Company report | 85% |
| Orthopediatrics Corp | Company report | 85% |
| Vicarious Surgical Inc | Company report | 85% |
| Sintx Technologies Inc | Company report | 85% |
| Prolung Inc | Company report | 85% |
| Neurometrix Inc | Company report | 85% |
| Conmed Corporation | Company report | 85% |
| Utah Medical Products Inc | Company report | 85% |
| Axonics Inc | Company report | 85% |
| Medinotec Inc | Company report | 85% |
| Encision Inc | Company report | 85% |
| Electrocore Inc | Company report | 85% |
| Cervomed Inc | Company report | 85% |
| Apyx Medical Corp | Company report | 85% |
| Fuse Medical Inc | Company report | 85% |
| Adagio Medical Holdings inc | Company report | 85% |
| Neuropace Inc | Company report | 85% |
Company report basis, confidence, active dates and source counts for Globus Medical Inc's named competitors require a Commercial License.
Methodology: see Methodology: Peer & Competitor Identification, Sourcing.
Globus Medical Inc's Business Segment Mix vs Peers
Revenue by operating segment or division, as named and reported by each company. Segment names are the filer's own and are not standardized across companies. Do not assume a same-named or similarly-named segment is defined identically between two companies. Shares are of each company's own total revenue and are not required to sum to 100% (intersegment revenue, unallocated items).| Company | Largest Segment |
|---|---|
| Globus Medical Inc | Reportable 100.00 % |
| Johnson and Johnson | Oncology 29.93 % |
| Medtronic Plc | CARDIOVASCULAR 38.34 % |
| Stryker Corp | MedSurg and Neurotechnology 56.20 % |
| Edwards Lifesciences Corporation | United States 58.74 % |
| Zimmer Biomet Holdings Inc | Americas Segment 63.91 % |
Source: operating segment revenue as reported in each company's reports (10-K/10-Q), via the CSIMarket API, leaf-level reportable segments only (parent roll-up segments are excluded where sub-segments are separately disclosed).
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Globus Medical Inc's Productivity vs Peers Comparison
Revenue and income per employee, trailing 12 months, in $; market cap in millions of $| Company | Market Cap | Revenue / Employee | Income / Employee |
|---|---|---|---|
| Globus Medical Inc | 10,122 | 524,156 | 89,238 |
| Johnson and Johnson | 682,058 | 705,504 | 114,311 |
| Medtronic Plc | 131,665 | 395,179 | 55,463 |
| Stryker Corp | 126,305 | 469,643 | 64,696 |
| Edwards Lifesciences Corporation | 59,608 | 407,031 | 62,725 |
| Zimmer Biomet Holdings Inc | 20,574 | 500,518 | 47,476 |
| PEERS TOTAL | 1,049,566 | 512,344 | 69,954 |
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Globus Medical Inc's Geographic Revenue Exposure vs Peers
Revenue by country/region as reported in each company's most recent report. Disclosure granularity varies by filer (some report by country, others by broad region) and is shown as disclosed.| Company | Largest Market |
|---|---|
| Globus Medical Inc | United States 81.31 % |
| Johnson and Johnson | United States 58.90 % |
| Medtronic Plc | United States 49.83 % |
| Stryker Corp | United States 75.92 % |
| Zimmer Biomet Holdings Inc | US 58.44 % |
| Teleflex Incorporated | North America 35.23 % |
Source: revenue geography as reported in each company's reports (10-K/10-Q), via the CSIMarket API. Percentages are of that company's own total consolidated revenue for its most recent reported period.
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Globus Medical Inc's Position in Industry Market Structure
Market-capitalization share and concentration across all 218 companies in Globus Medical Inc's industry classification, broader than the peer set above. Market cap in millions of $.Globus Medical Inc ranks #24 of 218 companies by market capitalization in its industry, holding 0.84 % of total industry market cap. The industry's Herfindahl-Hirschman Index (HHI) is 615, indicating a unconcentrated market structure (see Methodology: Market Structure & Concentration).
| Rank | Company | Market Cap | Industry Share |
|---|---|---|---|
| 1 | Intuitive Surgical Inc | 163,695 | 13.56 % |
| 2 | Medtronic Plc | 131,665 | 10.91 % |
| 3 | Stryker Corp | 126,732 | 10.50 % |
| 4 | 3m Company | 97,260 | 8.06 % |
| 5 | Boston Scientific Corporation | 1,234 | 5.2% |
| 6 | Edwards Lifesciences Corporation | 1,234 | 5.2% |
| 7 | Becton Dickinson And Company | 1,234 | 5.2% |
| 8 | Alcon inc | 1,234 | 5.2% |
| 9 | Medline Inc | 1,234 | 5.2% |
| 10 | Resmed Inc | 1,234 | 5.2% |
| 24 | Globus Medical Inc | 10,122 | 0.84 % |
Market cap and industry share for the rest of Globus Medical Inc's industry peers requires a Commercial License.
Source: CSIMarket API (daily market-structure computation) across CSIMarket's industry classification, market capitalization as of 2026-11-09.
Globus Medical Inc's Same-Size Peers & Stock Performance
Peers chosen by closeness in market-cap rank within the same industry classification (not the named-competitor list above). Trailing 12-month total return, 3-month price momentum, beta and Sharpe ratio vs the broad U.S. market.| Rank | Company | Market Cap | TTM Return |
|---|---|---|---|
| 19 | Baxter International Inc | 13,551 | 45.49 % |
| 20 | Penumbra Inc | 12,678 | 21.07 % |
| 21 | The Cooper Companies Inc | 12,123 | -9.16 % |
| 22 | Align Technology inc | 11,945 | 24.89 % |
| 23 | Insulet Corporation | 1,234 | 12.3% |
| 24 | Globus Medical Inc | 10,122 | 19.40 % |
| 25 | Henry Schein Inc | 1,234 | 12.3% |
| 26 | Modular Medical Inc | 1,234 | 12.3% |
| 27 | Msa Safety Inc | 1,234 | 12.3% |
| 28 | Teleflex Incorporated | 1,234 | 12.3% |
Market cap, return, momentum, beta and Sharpe ratio for the rest of Globus Medical Inc's same-size peers requires a Commercial License.
Source: CSIMarket API (daily market-structure computation); returns and risk metrics as of 2026-11-09. Beta and Sharpe ratio are versus the broad U.S. equity market, not this industry.
Globus Medical Inc's Profitability & Cost Structure
Trailing 12-month margins from SEC-filed financials. Operating margin is compared to the Medical Equipment & Supplies industry median; gross margin, EBITDA margin and capital intensity are compared to the live industry average (342 companies). See the full Medical Equipment & Supplies industry profitability benchmarks.| Metric | Company | Industry | Difference |
|---|---|---|---|
| Gross Margin | 68.55 % | 46.19 % (avg) | +22.4 pp |
| Operating Margin | 20.34 % | industry median | +20.4 pp |
| EBITDA Margin | 33.84 % | -6.71 % (avg) | +40.5 pp |
| Capital Intensity (Capex / Revenue) | 5.23 % | 7.15 % (avg) | -1.9 pp |
Source: CSIMarket API, trailing 12 months. SG&A and R&D as a share of revenue have limited coverage as this data is backfilled and appear only where reported. Higher capital intensity is not inherently negative; it reflects the industry's asset requirements.
Globus Medical Inc's Valuation vs Competitive Position
Valuation multiples vs the Medical Equipment & Supplies industry average (342 companies, excluding loss-making/negative-equity outliers), alongside returns on capital for context on whether a premium or discount lines up with measurably stronger or weaker returns. See the full Medical Equipment & Supplies industry valuation benchmarks.| Metric | Company | Industry Average | Difference |
|---|---|---|---|
| P/E | 21.7x | 36.6x | -14.9x |
| EV / EBITDA | 10.6x | 17.8x | -7.2x |
| P/B | 2.5x | 4.6x | -2.1x |
| Return on Equity | 11.59 % | industry aggregate | -0.39 % |
| Return on Invested Capital | 6.75 % | -6.79 % (avg) | 13.54 % |
Source: CSIMarket API, trailing 12 months. A valuation premium or discount is not, by itself, a judgment of over- or under-valuation. Compare it against the return and growth context shown elsewhere on this page.
Globus Medical Inc's Multi-Year Financial Trajectory
Fiscal-year revenue growth, operating margin, return on invested capital and P/E, as reported in company reports.| Metric | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Revenue Growth | 12.11 % | 10.15 % | 0.47 % | 21.43 % | 6.76 % | 53.34 % | 60.62 % | 16.65 % |
| Operating Margin | 23.75 % | 21.90 % | 14.12 % | 17.95 % | 22.29 % | 8.49 % | 6.59 % | 16.33 % |
| Return on Invested Capital | 7.55 % | 6.49 % | 3.92 % | 5.06 % | 6.30 % | 2.05 % | 2.00 % | 5.37 % |
| P/E | 30.0x | 36.4x | 62.0x | 48.9x | 38.3x | 41.0x | 105.2x | 19.3x |
Source: CSIMarket API, fiscal-year figures. P/E is this company's own historical ratio at each fiscal year end and can swing sharply around an earnings trough: that is real, not a data error.
Globus Medical Inc's Strategic Group Map
Globus Medical Inc is shown in red; its closest peers by combined growth, margin and ROIC are labeled. See Methodology: Strategic Group Map for how this chart is built.
Globus Medical Inc's trailing-12-month revenue growth of 19.7% and operating margin of 20.3% compares with an average of 15.6% growth and 19.5% margin across its 8 closest peers by combined growth, margin and ROIC -- Globus Medical Inc sits above that peer average on growth and above it on margin.
Source: CSIMarket API, trailing 12 months. Extreme outlier values (from near-zero-revenue companies) are excluded from the plotted cloud but never from the highlighted company or its labeled peers.
Globus Medical Inc's BCG Growth-Share Matrix
See Methodology: BCG Growth-Share Matrix for how relative share and growth are calculated and thresholded.
Globus Medical Inc falls in the Dog quadrant: relative market share of 0.06x vs its largest competitor, in an industry growing revenue 8.8% (median, trailing 12 months).
Source: CSIMarket API (market-cap share and industry revenue growth). The 10% growth and 1.0x share lines are standard textbook thresholds, not derived from this industry's own distribution.
Globus Medical Inc's Competitive Forces (Porter's Five Forces)
Only the forces this data can support honestly are shown; the other three are marked as such rather than guessed.| Force | Assessment | Basis |
|---|---|---|
| Competitive Rivalry | High | Industry HHI of 615 (see Industry Market Structure & Concentration above) |
| Barriers to Entry | Lower than typical for the industry | Capital intensity (capex / revenue) of 5.23 % vs industry average 7.15 % (see Profitability & Cost Structure above) |
Note: see Methodology: Porter's Five Forces. Supplier power and buyer power are covered on Globus Medical Inc's dedicated Suppliers and Customers pages, not here.
Globus Medical Inc's Industry Attractiveness & Competitive Strength
See Methodology: GE/McKinsey Matrix for how the two axes are built.
Globus Medical Inc falls in the Low attractiveness / Medium strength cell: Harvest.
Source: CSIMarket API, trailing 12 months. Each axis score is a simple 1(low)/2(medium)/3(high) average across its three inputs -- a transparent, disclosed simplification, not a validated academic scoring model.
Globus Medical Inc's SWOT
Every point below is a fixed rule applied to a metric already shown elsewhere on this page (Market Structure, Profitability, Valuation, Run-Rate, Stock Performance, Quality Breadth) not an independent strategic assessment. A blank quadrant means no rule was met, not that none apply.Strengths
- Operating margin 20.4 points above the industry median.
- Outperforming the U.S.A. 500 over the trailing 12 months.
Weaknesses
- Low relative market share vs the industry leader (0.06x).
Opportunities
- Trades at a lower P/E than the industry average (21.7x vs 36.6x) despite a higher return on invested capital -- a possible re-rating opportunity.
Threats
No rule matched.
Methodology: see Methodology: SWOT Analysis.
Globus Medical Inc's Financial Strength vs Peers Comparison
Quick ratio, working capital, debt to equity and asset turnover, trailing 12 months| Company | Quick Ratio | Working Capital | Debt / Equity |
|---|---|---|---|
| Globus Medical Inc | 0.83 | 4.39 | - |
| Johnson and Johnson | 0.36 | 1.04 | 0.60 |
| Medtronic Plc | 0.15 | 2.10 | 0.57 |
| Stryker Corp | 0.50 | 2.08 | 0.65 |
| Edwards Lifesciences Corporation | 1.74 | 4.14 | 0.06 |
| Zimmer Biomet Holdings Inc | 0.25 | 1.93 | 0.60 |
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Quick ratio = cash / current liabilities; working capital ratio = current assets / current liabilities; asset turnover = revenue / total assets. Peers in the Blank Checks industry are excluded.
Globus Medical Inc's Revenue and Income Growth vs Peers
Quarterly revenue and net income growth, year over year and quarter over quarter| Company | Period | Revenue Y/Y | Income Y/Y |
|---|---|---|---|
| Globus Medical Inc | Q2 2026 | +5.9 % | -25.3 % |
| Johnson and Johnson | Q3 2026 | +5.9 % | -95.9 % |
| Medtronic Plc | Q2 2026 | +13.7 % | +41.3 % |
| Stryker Corp | Q3 2026 | +7.6 % | -12.3 % |
| Edwards Lifesciences Corporation | Q2 2026 | +13.7 % | -27.2 % |
| Zimmer Biomet Holdings Inc | Q2 2026 | +4.8 % | +30.1 % |
| PEERS TOTAL | +6.8 % | -40.5 % |
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Growth is shown only where both periods are positive. Peers in the Blank Checks industry are excluded.
Globus Medical Inc's Peers' Costs of Sales and Capital Expenditures
Context for revenue growth: peer costs and capex, year over year and quarter over quarter| Company | Period | Costs Y/Y | Capex Y/Y |
|---|---|---|---|
| Globus Medical Inc | Q2 2026 | -2.9 % | -28.8 % |
| Johnson and Johnson | Q3 2026 | +10.9 % | +17.7 % |
| Medtronic Plc | Q2 2026 | +13.8 % | -0.2 % |
| Stryker Corp | Q3 2026 | +3.0 % | +26.7 % |
| Edwards Lifesciences Corporation | Q2 2026 | +14.1 % | +35.7 % |
| Zimmer Biomet Holdings Inc | Q2 2026 | +7.3 % | +45.3 % |
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Globus Medical Inc's Returns and Turnover vs Peers
ROA, ROI and ROE (trailing 12 months), receivables and inventory turnover| Company | ROA | ROI | ROE |
|---|---|---|---|
| Globus Medical Inc | 10.04% | 11.01% | 11.59% |
| Johnson and Johnson | 8.06% | 10.53% | 19.55% |
| Medtronic Plc | 5.71% | 6.46% | 10.64% |
| Stryker Corp | 7.66% | 8.63% | 15.61% |
| Edwards Lifesciences Corporation | 7.41% | 8.39% | 9.65% |
| Zimmer Biomet Holdings Inc | 3.51% | 3.97% | 6.36% |
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ROA = net income / total assets; ROI = net income / investments; ROE = net income / equity; turnover ratios use trailing 12 month revenue (receivables) and cost of sales (inventory).
Globus Medical Inc's Valuation vs Peers
P/E, price to sales, PEG, price to cash flow and price to book| Company | P/E | Price / Sales |
|---|---|---|
| Globus Medical Inc | 18.84 | 3.22 |
| Johnson and Johnson | 42.14 | 6.87 |
| Medtronic Plc | 301.34 | 3.51 |
| Stryker Corp | 34.96 | 4.80 |
| Edwards Lifesciences Corporation | 59.41 | 9.15 |
| Zimmer Biomet Holdings Inc | 25.90 | 2.42 |
| PEERS AVERAGE | 39.43 | 5.40 |
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P/E = price / diluted EPS (trailing 12 months); PEG = P/E divided by EPS growth; the average row divides the peers' combined market cap by their combined income, sales, cash flow and equity.