Globus Net Income from 2010 to 2024

GMED Stock  USD 85.10  1.20  1.43%   
Globus Medical's Net Income is increasing over the years with slightly volatile fluctuation. Net Income is expected to dwindle to about 117.3 M. During the period from 2010 to 2024 Globus Medical Net Income annual values regression line had geometric mean of  103,922,415 and mean square error of 675.4 T. View All Fundamentals
 
Net Income  
First Reported
2010-12-31
Previous Quarter
31.8 M
Current Value
51.8 M
Quarterly Volatility
15.8 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Globus Medical financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Globus Medical's main balance sheet or income statement drivers, such as Depreciation And Amortization of 152 M, Interest Expense of 21.1 M or Total Revenue of 1.6 B, as well as many indicators such as Price To Sales Ratio of 4.16, Dividend Yield of 0.0 or PTB Ratio of 1.43. Globus financial statements analysis is a perfect complement when working with Globus Medical Valuation or Volatility modules.
  
Check out the analysis of Globus Medical Correlation against competitors.
For information on how to trade Globus Stock refer to our How to Trade Globus Stock guide.

Latest Globus Medical's Net Income Growth Pattern

Below is the plot of the Net Income of Globus Medical over the last few years. Net income is one of the most important fundamental items in finance. It plays a large role in Globus Medical financial statement analysis. It represents the amount of money remaining after all of Globus Medical operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue. It is Globus Medical's Net Income historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Globus Medical's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 122.87 M10 Years Trend
Slightly volatile
   Net Income   
       Timeline  

Globus Net Income Regression Statistics

Arithmetic Mean110,828,159
Geometric Mean103,922,415
Coefficient Of Variation35.76
Mean Deviation30,427,503
Median107,348,000
Standard Deviation39,628,326
Sample Variance1570.4T
Range141.4M
R-Value0.78
Mean Square Error675.4T
R-Squared0.60
Significance0.0007
Slope6,867,538
Total Sum of Squares21985.7T

Globus Net Income History

2024117.3 M
2023122.9 M
2022190.2 M
2021149.2 M
2020102.3 M
2019155.2 M
2018156.5 M

Other Fundumenentals of Globus Medical

Globus Medical Net Income component correlations

About Globus Medical Financial Statements

Globus Medical stakeholders use historical fundamental indicators, such as Globus Medical's Net Income, to determine how well the company is positioned to perform in the future. Although Globus Medical investors may analyze each financial statement separately, they are all interrelated. For example, changes in Globus Medical's assets and liabilities are reflected in the revenues and expenses on Globus Medical's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Globus Medical. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Net Income122.9 M117.5 M
Net Income Applicable To Common Shares218.7 M120.8 M
Net Income From Continuing Ops122.9 M131.6 M
Net Income Per Share 1.09  0.90 
Net Income Per E B T 0.74  0.57 

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Globus Medical is a strong investment it is important to analyze Globus Medical's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Globus Medical's future performance. For an informed investment choice regarding Globus Stock, refer to the following important reports:
Check out the analysis of Globus Medical Correlation against competitors.
For information on how to trade Globus Stock refer to our How to Trade Globus Stock guide.
You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
Is Health Care Equipment & Supplies space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Globus Medical. If investors know Globus will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Globus Medical listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
42.231
Earnings Share
0.62
Revenue Per Share
18.217
Quarterly Revenue Growth
0.631
Return On Assets
0.0473
The market value of Globus Medical is measured differently than its book value, which is the value of Globus that is recorded on the company's balance sheet. Investors also form their own opinion of Globus Medical's value that differs from its market value or its book value, called intrinsic value, which is Globus Medical's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Globus Medical's market value can be influenced by many factors that don't directly affect Globus Medical's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Globus Medical's value and its price as these two are different measures arrived at by different means. Investors typically determine if Globus Medical is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Globus Medical's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.