Globus Medical Overview

  • Year Founded
  • 2003

Year Founded

  • Status
  • Public

  • Employees
  • 5,000

Employees

  • Stock Symbol
  • GMED

Stock Symbol

  • Investments
  • 12

  • Share Price
  • $66.52
  • (As of Friday Closing)

Globus Medical General Information

Description

Globus Medical Inc is a medical device company that develops and provides healthcare products and solutions to hospitals, physicians, and surgical centers. The firm's products are organized into two categories: musculoskeletal solutions, which include medical devices and instruments used mostly for spinal and orthopedic procedures, and enabling technologies, which include advanced computer systems developed for enhancing surgical capabilities. The vast majority of the company's revenue is generated from musculoskeletal solutions products, and more than half of the revenue is earned in the United States.

Contact Information

Ownership Status
Publicly Held
Financing Status
Formerly VC-backed
Primary Industry
Therapeutic Devices
Other Industries
Other Devices and Supplies
Stock Exchange
NYS
Corporate Office
  • 2560 General Armistead Avenue
  • Audubon, PA 19403
  • United States
+1 (610) 000-0000

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Globus Medical Stock Performance

(As of Friday Closing)

Stock Price Previous Close 52 wk Range Market Cap Shares Average Volume EPS
$66.52 $67.00 $43.38 - $67.89 $8.98B 135M 1.05M $0.64

Globus Medical Financials Summary

In Thousands,
USD
TTM 31-Mar-2024 FY 2023 31-Dec-2023 FY 2022 31-Dec-2022 FY 2021 31-Dec-2021
EV 7,263,990 7,397,100 7,010,021 6,772,197
Revenue 1,898,454 1,568,476 1,022,843 958,102
EBITDA 263,792 289,996 297,038 240,977
Net Income 66,627 122,873 190,169 149,191
Total Assets 4,943,612 5,086,083 2,076,126 1,957,263
Total Debt 525,602 520,404 6,011 0
Public Fundamental Data provided by Morningstar, Inc. disclaimer

Globus Medical Valuation & Funding

Deal Type Date Amount Valuation/
EBITDA
Post-Val Status Debt

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Globus Medical Cap Table

Stock # of Shares
Authorized
Par Value Dividend Rate (%) Original
Issue Price
Liquidation Liquidation
Pref. Multiple
Conversion
Price
% Owned

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Globus Medical Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Globus Medical Inc is a medical device company that develops and provides healthcare products and solutions to hospitals
Therapeutic Devices
Audubon, PA
5,000 As of 2023
00000
000000 - 000 00000

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00000000 0000000
Lewisville, TX
0000 As of 0000
00000
000000000 00 00000

000000

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00000000 0000000
San Diego, CA
0000 As of 0000
00000
00.00 0000-00-00
000000&0 00000
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Globus Medical Competitors (22)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Orthofix International Formerly PE-Backed Lewisville, TX 0000 00000 000000000 00 00000
NuVasive Formerly VC-backed San Diego, CA 0000 00000 000000&0 00000
Merit Medical Systems Corporation South Jordan, UT 0000 00000 000000000000
Xtant Medical Formerly VC-backed Belgrade, MT 000 000.00 000000000 000.00
Boston Scientific Corporation Marlborough, MA 00000 00.00 000000000 00 00.00
You’re viewing 5 of 22 competitors. Get the full list »

Globus Medical Patents

Globus Medical Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
US-20240202926-A1 Auto segmentation using 2-d images taken during 3-d imaging spin Pending 27-Feb-2024 00000000
US-20240197375-A1 Hinge plate assembly Pending 04-Jan-2024 00000000000
US-20240197380-A1 Compliant orthopedic driver Pending 05-Dec-2023 00000000000
US-12011369-B2 Expandable interspinous process fixation device Active 27-Mar-2023 000000000 000
US-12011368-B2 Expandable inter vertebral implants and methods of installation thereof Active 30-Jan-2023 A61F2/447 000
To view Globus Medical’s complete patent history, request access »

Globus Medical Executive Team (15)

Name Title Board Seat Contact Info
Daniel Scavilla Chief Executive Officer & Board Member
Keith Pfeil Chief Financial Officer, Finance & Chief Operating Officer, Operations
Norbert Johnson Chief Technology Officer of Imaging, Navigation & Robotics
Brian Kearns Senior Vice President, Business Development and Investor Relations
Dennis Booth Senior Vice President, Professional Affairs
You’re viewing 5 of 15 executive team members. Get the full list »

Globus Medical Board Members (16)

Name Representing Role Since
Ann Rhoads Self Board Member 000 0000
Daniel Lemaitre Self Board Member 000 0000
Daniel Scavilla Globus Medical Chief Executive Officer & Board Member 000 0000
David Davidar Globus Medical Board Member 000 0000
David Paul Globus Medical Chairman & Board Member 000 0000
You’re viewing 5 of 16 board members. Get the full list »

Globus Medical Signals

Growth Rate

0.80% Weekly
Growth
Weekly Growth 0.80%, 93rd %
-35.5%. 530%

Size Multiple

219x Median
Size Multiple 219x, 100th %ile
0.00x 0.95x. 413Kx

Key Data Points

Twitter Followers

5.5k

Similarweb Unique Visitors

15.0K

Majestic Referring Domains

314

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Globus Medical Acquisitions (12)

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
NuVasive 01-Sep-2023 0000000000 00.00 Surgical Devices 000000 00
Capstone Surgical Technologies 04-Nov-2021 0000000000 0000 Surgical Devices 00000 000
Synoste 01-May-2020 0000000000 000.00 Therapeutic Devices
StelKast 01-Jun-2019 0000000000 000.00 Therapeutic Devices 00000 000
Surgimap 05-Sep-2018 Merger/Acquisition 000.00 Other Healthcare Technology Systems 00000 000
You’re viewing 5 of 12 acquisitions. Get the full list »

Globus Medical Subsidiaries (3)

Company Name Industry Location Founded
Synoste Therapeutic Devices Espoo, Finland 2012
Surgimap Other Healthcare Technology Systems New York, NY 0000
NuVasive Surgical Devices San Diego, CA 0000
To view Globus Medical’s complete subsidiaries history, request access »

Globus Medical ESG

Risk Overview

Risk Rating

Updated June, 04, 2024

29.2 | Med Risk

Risk Scale

A lower score indicates better sustainability

Negl

0-10

Low

10-20

Med

20-30

High

30-40

Severe

40+

Exposure

Exposure refers to the extent to which a company is exposed to different material ESG issues

00.0

Management

Management is related to actions taken to manage ESG issues

00.00

Peers Analysis

Peer performance insights compare the company’s ESG performance to the performance of selected peers to help inform future ESG decisions and drive internal performance improvements.

Global

Covered Companies

00 of 16,191

Rank

00.0

Percentile

Healthcare

Industry

00 of 643

Rank

00.0

Percentile

Medical Devices

Subindustry

00 of 229

Rank

00.0

Percentile

To view Globus Medical’s complete esg history, request access »

Globus Medical FAQs

  • When was Globus Medical founded?

    Globus Medical was founded in 2003.

  • Who is the CEO of Globus Medical?

    Daniel Scavilla is the CEO of Globus Medical.

  • Where is Globus Medical headquartered?

    Globus Medical is headquartered in Audubon, PA.

  • What is the size of Globus Medical?

    Globus Medical has 5,000 total employees.

  • What industry is Globus Medical in?

    Globus Medical’s primary industry is Therapeutic Devices.

  • Is Globus Medical a private or public company?

    Globus Medical is a Public company.

  • What is Globus Medical’s stock symbol?

    The ticker symbol for Globus Medical is GMED.

  • What is the current stock price of Globus Medical?

    As of 21-Jun-2024 the stock price of Globus Medical is $66.52.

  • What is the current market cap of Globus Medical?

    The current market capitalization of Globus Medical is $8.98B.

  • What is Globus Medical’s current revenue?

    The trailing twelve month revenue for Globus Medical is $1.9B.

  • Who are Globus Medical’s competitors?

    Orthofix International, NuVasive, Merit Medical Systems, Xtant Medical, and Boston Scientific are some of the 22 competitors of Globus Medical.

  • What is Globus Medical’s annual earnings per share (EPS)?

    Globus Medical’s EPS for 12 months was $0.64.

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