Globus Medical (GMED)

Net profit margin

		Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net income	US$ in thousands	102,984	122,873	190,169	149,191	102,285
Revenue	US$ in thousands	2,519,360	1,568,480	1,022,840	958,102	789,042
Net profit margin		4.09%	7.83%	18.59%	15.57%	12.96%

December 31, 2024 calculation

Net profit margin = Net income ÷ Revenue
= $102,984K ÷ $2,519,360K
= 4.09%

The net profit margin of Globus Medical has displayed varying trends over the years based on the provided data. In December 31, 2020, the net profit margin stood at 12.96%, showing the company generated a profit of approximately 12.96% for each dollar of revenue earned. This margin increased to 15.57% by December 31, 2021, indicating an improvement in profitability. The trend continued positively, reaching 18.59% by December 31, 2022, reflecting a further increase in the company's profitability.

However, there was a notable decline in the net profit margin by December 31, 2023, where it dropped to 7.83%. This decrease may indicate various factors affecting the company's bottom line, such as increased costs or decreased revenue. Furthermore, the trend continued to show a decline as of December 31, 2024, with the net profit margin decreasing to 4.09%.

Overall, the analysis of the net profit margin of Globus Medical suggests that while there was a positive trend in profitability initially, there were significant declines in more recent years, highlighting potential challenges or changes in the company's financial performance that warrant further investigation.