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GLOBGlobant S.A.
$30.74$1.3B
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  3. Financial Ratios
  4. Quarterly

Globant S.A. (GLOB) Quarterly Financial Ratios

Last 48 quarters of trend data · Technology · Information Technology Services

← View 30-Year Annual Ratios

Valuation Multiples

Quarterly valuation ratios — annualised for comparability. YoY Δ shows same-quarter-prior-year change.

Globant S.A.'s quarterly P/E stands at 13.6x, down 68.7% year-over-year — suggesting improving earnings relative to price. EV/EBITDA has compressed 60.9% YoY to 6.1x, reflecting multiple compression or accelerating EBITDA.

MetricTTMQ1 '26Q4 '25Q3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23Q3 '23Q2 '23
P/E Ratio →13.4213.5617.5719.65—43.2863.0648.5651.2249.4961.9750.4752.86
—-68.7%-72.1%-59.5%—-12.5%+1.8%-3.8%-3.1%+1.4%+34.1%-9.4%+5.7%
P/S Ratio0.540.821.201.061.642.183.763.583.363.904.503.963.92
—-62.2%-68.2%-70.4%-51.3%-44.1%-16.6%-9.6%-14.2%+3.8%+22.1%-9.4%-9.6%
P/B Ratio0.640.911.361.171.842.514.754.514.294.915.834.964.64
—-63.6%-71.5%-74.1%-57.2%-49.0%-18.5%-9.1%-7.5%+12.4%+25.2%-12.1%-14.0%
P/FCF5.0813.863.629.69——14.0531.57——12.9835.61218.47
——-74.2%-69.3%——+8.2%-11.3%———-18.4%+101.9%
EV / EBITDA4.696.057.936.8623.4315.4632.2822.5322.7434.6839.7224.0036.91
—-60.9%-75.4%-69.5%+3.0%-55.4%-18.7%-6.1%-38.4%+1.1%+64.1%-4.7%+4.1%
EV / EBIT9.0710.2114.0612.56168.8228.8335.3834.8635.4034.6842.4635.7236.91
—-64.6%-60.3%-64.0%+376.9%-16.9%-16.7%-2.4%-4.1%+1.1%+65.4%-8.7%+4.1%

Profitability

Quarterly margins and returns. Watch for margin compression across consecutive quarters.

Globant S.A.'s operating margin was 9.1% in Q1 2026, down 0.6 pp QoQ and up 1.0 pp YoY. This marks the 3rd consecutive quarter of margin compression, signaling a persistent pressure on profitability that investors should monitor. The trailing four-quarter average of 7.7% lags the current quarter, suggesting the recent improvement is above-trend. Gross margin contracted 13.6% YoY, suggesting cost inflation or competitive pricing pressure.

Margins

MetricTTMQ1 '26Q4 '25Q3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23Q3 '23Q2 '23
Gross Margin35.0%30.1%34.9%30.1%35.4%34.9%37.6%36.2%35.7%35.4%36.8%32.5%36.3%
—-13.6%-7.3%-16.7%-0.7%-1.5%+2.3%+11.2%-1.9%-0.6%-3.8%-4.5%-3.3%
Operating Margin7.0%9.1%9.7%10.8%1.0%8.2%9.1%10.6%9.2%8.4%9.5%11.2%9.4%
—+12.0%+6.8%+2.1%-89.6%-2.8%-3.8%-5.4%-2.4%-10.3%-15.8%-8.5%-17.7%
Net Margin4.2%6.1%6.8%5.4%-0.4%5.0%6.0%7.4%6.6%7.9%7.3%7.9%7.4%
—+21.5%+13.5%-27.6%-105.9%-36.5%-17.6%-6.0%-11.5%+2.4%-9.1%+0.5%-14.0%

Return on Capital

MetricTTMQ1 '26Q4 '25Q3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23Q3 '23Q2 '23
ROE4.9%1.7%1.9%1.5%-0.1%1.5%1.9%2.4%2.1%2.5%2.4%2.5%2.2%
—+15.2%-2.1%-37.8%-105.2%-41.0%-19.1%-4.4%-5.4%+9.1%-9.5%-2.2%-17.6%
ROA3.2%1.1%1.2%1.0%-0.1%1.0%1.3%1.7%1.5%1.7%1.6%1.9%1.7%
—+17.5%-1.5%-40.5%-104.9%-42.7%-23.2%-11.0%-12.4%+0.4%-12.9%-1.4%-15.9%
ROIC5.5%1.7%1.8%2.0%0.2%1.6%2.0%2.5%2.2%2.0%2.4%2.8%2.3%
—+8.1%-10.3%-20.2%-91.8%-21.1%-15.0%-12.2%-5.4%-12.0%-23.6%-18.0%-26.1%

Leverage & Debt

Quarterly solvency trend — watch for debt spikes or covenant pressure.

Globant S.A.'s Debt/EBITDA ratio is 4.9x, up from 4.8x last quarter — elevated, raising questions about debt serviceability. The current ratio has improved 16.2% YoY to 1.82x, strengthening the short-term liquidity position.

MetricTTMQ1 '26Q4 '25Q3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23Q3 '23Q2 '23
Debt / Equity0.220.210.220.210.250.190.200.160.130.120.150.100.07
—+11.4%+8.6%+34.2%+85.2%+52.4%+30.4%+58.4%+77.0%+54.1%+73.4%-1.1%-32.0%
Debt / EBITDA1.434.944.754.4311.454.445.343.112.773.514.231.932.42
—+11.4%-10.9%+42.5%+312.6%+26.4%+26.1%+61.1%+14.9%+36.1%+123.2%+5.5%-18.4%
Current Ratio1.641.821.641.931.711.561.541.361.551.421.391.702.14
—+16.2%+6.4%+42.2%+10.6%+10.1%+11.2%-19.9%-27.6%-35.3%-30.6%-26.9%-11.1%
Quick Ratio1.641.821.641.931.711.561.541.361.551.421.391.702.14
—+16.2%+6.4%+42.2%+10.6%+10.1%+11.2%-19.9%-27.6%-35.3%-30.6%-26.9%-11.1%
Interest Coverage—5.88—5.840.595.058.649.099.048.827.0710.659.95
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Download Financial Ratios Data

Includes 30+ ratios · 48 years · Updated daily

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GLOB — Frequently Asked Questions

Quick answers to the most common questions about buying GLOB stock.

What is Globant S.A.'s quarterly P/E ratio trend?

Globant S.A.'s current P/E is 13.4x. The average P/E over the last 3 quarters is 16.9x. Quarterly P/E ratios can vary due to seasonal revenue patterns and one-time charges.

How do Globant S.A.'s margins change by quarter?

Globant S.A.'s current operating margin is 7.0%. Margins have been expanding over recent quarters. Quarterly margins are particularly useful for identifying trend inflections that annual data smooths over.

Why look at GLOB quarterly ratios instead of annual?

Quarterly financial ratios reveal short-term trend shifts — margin compression, debt spikes, or valuation re-ratings — that annual figures smooth over. They're essential for active investors tracking Globant S.A.'s business trajectory between earnings reports.