Globant S.A (GLOB) | Financial Analysis & Statements

Globant S.A. | Mid-cap | Technology

$90.90

-0.89%

Globant S.A vs International Globant S.A vs Accenture plc Globant S.A vs Epam Systems Globant S.A vs Caci International Globant S.A vs Kyndryl Holdings Globant S.A vs S&P 500 | Market

Overview Income Statement Balance Sheet Cash Flow Key Ratios Peer Comparison

Financial Overview

Latest Annual: 2024

Income Metrics

Revenue 2.4B

Gross Profit 863.4M 35.74%

Operating Income 232.4M 9.62%

Net Income 169.0M 7.00%

EPS (Diluted) $3.72

Balance Sheet Metrics

Total Assets 3.2B

Total Liabilities 1.1B

Shareholders Equity 2.0B

Debt to Equity 0.56

Cash Flow Metrics

Operating Cash Flow 315.5M

Free Cash Flow 135.1M

Revenue & Profitability Trend

Globant S.A Income Statement From 2020 to 2024

Metric	2024	2023	2022	2021	2020
Revenue	2.4B	2.1B	1.8B	1.3B	814.1M
Cost of Goods Sold	1.6B	1.3B	1.1B	802.1M	509.8M
Gross Profit	863.4M	755.8M	669.4M	495.0M	304.3M
Operating Expenses	478.4M	406.7M	354.1M	263.6M	161.9M
Operating Income	232.4M	217.8M	213.1M	152.0M	87.1M
Pre-tax Income	210.4M	198.0M	192.9M	124.9M	76.5M
Income Tax	41.4M	39.5M	43.4M	28.5M	22.3M
Net Income	169.0M	158.5M	149.5M	96.4M	54.2M
EPS (Diluted)	$3.72	$3.64	$3.47	$2.28	$1.37

Income Statement Trend

Globant S.A Balance Sheet From 2020 to 2024

Metric	2024	2023	2022	2021	2020
Assets
Current Assets	838.5M	924.5M	857.6M	819.6M	535.6M
Non-Current Assets	2.3B	1.8B	1.3B	1.1B	753.2M
Total Assets	3.2B	2.7B	2.2B	1.9B	1.3B
Liabilities
Current Liabilities	542.9M	678.1M	428.6M	386.3M	205.6M
Non-Current Liabilities	590.6M	270.7M	211.0M	189.9M	203.2M
Total Liabilities	1.1B	948.7M	639.6M	576.2M	408.8M
Equity
Total Shareholders Equity	2.0B	1.8B	1.6B	1.3B	879.9M

Balance Sheet Composition

Globant S.A Cash Flow Statement From 2020 to 2024

Metric	2024	2023	2022	2021	2020
Operating Activities
Net Income	169.0M	158.5M	149.5M	96.4M	54.2M
Operating Cash Flow	315.5M	416.9M	225.2M	143.6M	109.0M
Investing Activities
Capital Expenditures	-27.7M	-44.8M	-47.1M	-41.5M	-28.3M
Investing Cash Flow	-318.0M	-268.7M	-220.9M	-238.0M	-99.8M
Financing Activities
Dividends Paid	0	0	0	0	0
Financing Cash Flow	-726.0K	41.6M	-68.9M	241.3M	239.5M
Free Cash Flow	135.1M	191.7M	102.1M	101.3M	46.4M

Cash Flow Trend

Globant S.A Key Financial Ratios

Valuation Ratios

P/E Ratio (TTM) 26.16

Forward P/E 11.93

Price to Book 1.90

Price to Sales 1.59

PEG Ratio 11.93

Profitability Ratios

Profit Margin 6.16%

Operating Margin 9.23%

Return on Equity 7.91%

Return on Assets 5.35%

Financial Health

Current Ratio 1.56

Debt to Equity 18.95

Beta 1.24

Per Share Data

EPS (TTM) $3.38

Book Value per Share $46.55

Revenue per Share $56.27

Peer Financial Comparison

Company	Market Cap	P/E Ratio	P/B Ratio	ROE	Profit Margin	Debt/Equity
glob	3.9B	26.16	1.90	7.91%	6.16%	18.95
International	268.8B	49.52	10.00	21.85%	8.71%	247.98
Accenture plc	177.8B	22.72	5.82	26.93%	11.61%	25.88
Epam Systems	9.5B	23.53	2.61	11.57%	8.47%	4.34
Caci International	10.0B	21.42	2.69	13.48%	5.70%	94.06
Kyndryl Holdings	8.9B	36.68	7.29	20.54%	1.67%	297.00

Financial data is updated regularly. All figures are in the company's reporting currency.