Globant S.A. (GLOB) Key Metrics

NYSE: GLOBValuation, returns, debt and efficiency ratios over 10 years.

GLOB valuation today

Trailing 12 months · as of October 17, 2026
Market cap
$1.71B
Enterprise value
$1.83B
P/E (TTM)
15.5
10-yr median 56.4
Forward P/E
5.4
PEG ratio
0.86
Price / sales
0.7
10-yr median 4.1
Price / book
0.7
10-yr median 6.1
EV / EBITDA
9.4
10-yr median 26.1
Dividend yield
—
Beta
0.97

GLOB key metrics, 2016–2025

Fiscal year ended December 31, 2025 · U.S. dollars

GLOB valuation Price multiples at each fiscal year-end price.

P/E ratio−50.4%
28.6
2025 · hover or tap a bar for each year
2016: 32.9 (−20.7%)2017: 55.1 (+67.2%)2018: 40.0 (−27.3%)2019: 74.0 (+84.7%)2020: 159.4 (+115.5%)2021: 137.6 (−13.7%)2022: 48.4 (−64.8%)2023: 65.4 (+35.2%)2024: 57.7 (−11.8%)2025: 28.6 (−50.4%)
20162025
Price / sales−69.7%
1.2
2025 · hover or tap a bar for each year
2016: 3.7 (−29.3%)2017: 4.1 (+10.9%)2018: 4.0 (−2.5%)2019: 6.1 (+53.2%)2020: 10.6 (+75.2%)2021: 10.2 (−4.0%)2022: 4.0 (−60.3%)2023: 4.9 (+22.3%)2024: 4.0 (−20.0%)2025: 1.2 (−69.7%)
20162025
Price / book−71.1%
1.4
2025 · hover or tap a bar for each year
2016: 5.6 (−31.2%)2017: 6.3 (+12.5%)2018: 6.1 (−3.6%)2019: 9.1 (+48.9%)2020: 9.8 (+7.9%)2021: 10.1 (+3.1%)2022: 4.8 (−52.8%)2023: 6.0 (+25.5%)2024: 4.9 (−18.8%)2025: 1.4 (−71.1%)
20162025
EV / EBITDA−58.9%
9.7
2025 · hover or tap a bar for each year
2016: 18.8 (−53.0%)2017: 28.6 (+51.8%)2018: 21.1 (−26.2%)2019: 35.6 (+68.7%)2020: 63.2 (+77.4%)2021: 59.8 (−5.3%)2022: 22.2 (−62.8%)2023: 28.8 (+29.7%)2024: 23.5 (−18.4%)2025: 9.7 (−58.9%)
20162025
Price / free cash flow−74.0%
11.3
2025 · hover or tap a bar for each year
2016: 158.62017: 112.3 (−29.2%)2018: 53.9 (−52.0%)2019: 83.7 (+55.3%)2020: 186.2 (+122.4%)2021: 130.4 (−30.0%)2022: 70.6 (−45.9%)2023: 54.1 (−23.3%)2024: 43.3 (−20.0%)2025: 11.3 (−74.0%)
20162025
Free cash flow yield+6.6 pts
8.9%
2025 · hover or tap a bar for each year
2016: 0.6% (+2.4 pts)2017: 0.9% (+0.3 pts)2018: 1.9% (+1.0 pts)2019: 1.2% (−0.7 pts)2020: 0.5% (−0.7 pts)2021: 0.8% (+0.2 pts)2022: 1.4% (+0.6 pts)2023: 1.8% (+0.4 pts)2024: 2.3% (+0.5 pts)2025: 8.9% (+6.6 pts)
20162025

GLOB valuation history

Fiscal year-endToday10-year median

GLOB returns on capital

ROEROICROA

Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.

GLOB debt vs cash

Total debtCash & short-term investments

Debt includes short- and long-term borrowings and, where reported, lease liabilities.

GLOB cash returned to shareholders

DividendsBuybacksFree cash flow

GLOB price vs earnings per share

Share price at year-endEPS (right axis)

GLOB key metrics

2016–2025
Globant S.A. key metrics by fiscal year
2025202420232022202120202019201820172016
Valuation
Market capitalization$2.94B$9.56B$10.37B$7.21B$13.22B$8.64B$4.00B$2.07B$1.68B$1.18B
Enterprise value$3.17B$9.81B$10.33B$7.00B$12.90B$8.46B$4.02B$2.00B$1.62B$1.14B
P/E ratio28.657.765.448.4137.6159.474.040.055.132.9
Price / sales1.24.04.94.010.210.66.14.04.13.7
Price / book1.44.96.04.810.19.89.16.16.35.6
Price / free cash flow11.343.354.170.6130.4186.283.753.9112.3158.6
Price / operating cash flow10.538.432.636.573.886.550.130.739.037.5
EV / sales1.34.14.93.99.910.46.13.83.93.5
EV / EBITDA9.723.528.822.259.863.235.621.128.618.8
EV / free cash flow12.144.453.968.6127.3182.284.352.1108.6153.1
Earnings yield3.5%1.7%1.5%2.1%0.7%0.6%1.4%2.5%1.8%3.0%
Free cash flow yield8.9%2.3%1.8%1.4%0.8%0.5%1.2%1.9%0.9%0.6%
Dividend yield0.0%0.0%0.4%0.2%0.0%0.0%0.0%0.0%0.0%0.0%
Shareholder yield (dividends + buybacks)1.9%0.1%0.5%0.3%0.1%0.0%0.0%0.0%0.0%0.0%
Share price at fiscal year-end$65.37$214.42$237.98$168.16$314.09$217.61$106.05$56.32$46.46$33.35
Per share
Revenue per share$54.55$54.18$48.08$41.54$30.83$20.50$17.50$14.24$11.45$9.12
Earnings per share$2.29$3.72$3.64$3.47$2.28$1.37$1.43$1.41$0.84$1.01
Operating cash flow per share$6.23$5.58$7.31$4.61$4.25$2.51$2.12$1.83$1.19$0.89
Free cash flow per share$5.80$4.96$4.40$2.38$2.41$1.17$1.27$1.04$0.41$0.21
Cash per share$5.56$3.55$7.51$8.02$10.97$7.53$2.28$2.39$1.68$1.72
Book value per share$46.52$44.05$39.68$35.18$31.02$22.16$11.65$9.21$7.32$5.91
Tangible book value per share$3.25$1.90$7.77$13.77$15.11$10.08$5.92$5.95$4.18$3.68
Dividends per share$0.00$0.00$1.03$0.29$0.00$0.00$0.00$0.00$0.00$0.00
Capex per share$0.43$0.62$2.91$2.23$1.85$1.35$0.85$0.79$0.78$0.68
Debt per share$10.52$9.20$6.37$3.24$3.49$2.86$2.99$0.50$0.17$0.55
Shares outstanding45.0M44.6M43.6M42.9M42.1M39.7M37.7M36.7M36.1M35.4M
Change in shares outstanding+0.9%+2.3%+1.7%+1.9%+5.9%+5.4%+2.7%+1.6%+1.9%+1.1%
Returns & profitability
Return on equity (ROE)5.1%9.0%9.8%10.6%8.8%8.2%13.9%17.1%12.9%19.4%
Return on invested capital (ROIC)5.7%9.3%10.7%14.0%13.2%10.3%17.2%21.4%13.9%25.3%
Return on assets (ROA)3.2%5.6%6.4%7.3%6.1%5.5%9.6%12.8%9.4%14.1%
Return on tangible assets7.5%12.9%11.9%11.6%7.9%6.7%11.4%16.0%12.2%17.4%
Free cash flow margin10.6%9.1%9.1%5.7%7.8%5.7%7.2%7.3%3.6%2.3%
Income quality (OCF / net income)2.721.502.011.331.861.841.481.301.410.88
Financial health
Total debt$473.6M$410.2M$277.8M$138.8M$146.7M$113.6M$112.7M$18.4M$6.0M$19.4M
Cash & short-term investments$250.3M$158.2M$327.3M$343.7M$461.7M$299.1M$85.7M$87.6M$60.7M$60.8M
Net debt$223.3M$251.9M−$49.4M−$204.9M−$315.0M−$185.5M$27.0M−$69.2M−$54.7M−$41.3M
Debt / equity0.230.210.160.090.110.130.260.050.020.09
Debt / assets0.140.130.100.060.080.090.160.040.020.07
Net debt / EBITDA0.680.60−0.14−0.65−1.46−1.390.24−0.73−0.96−0.68
Current ratio1.641.541.392.002.122.601.892.292.112.42
Quick ratio1.641.541.392.112.192.702.022.342.142.51
Interest coverage4.27.98.414.713.88.012.143.324.234.7
Working capital$373.5M$295.7M$259.2M$429.0M$433.3M$330.0M$130.3M$120.6M$82.0M$78.3M
Invested capital$2.32B$2.22B$1.68B$1.30B$990.4M$694.4M$465.7M$268.7M$209.6M$168.1M
Tangible asset value$214.2M$154.3M$404.9M$638.6M$638.8M$400.5M$223.1M$218.2M$155.5M$130.4M
Net current asset value−$202.8M−$294.9M−$6.7M$218.0M$243.4M$126.8M$27.4M$110.8M$62.3M$58.1M
Graham number$48.92$60.69$56.98$52.44$39.92$26.09$19.38$17.07$11.79$11.61
Graham net-net per share−$10.51−$10.91−$4.27$1.09$3.08$1.13−$1.21$2.10$0.97$1.06
Capital allocation
Dividends paid$0$0$44.8M$12.5M$0$0$0$0$0$0
Share buybacks (net)$56.1M$10.7M$11.5M$9.3M$7.3M$0$0$0$0$0
Dividend payout ratio0.0%0.0%28.3%8.4%0.0%0.0%0.0%0.0%0.0%0.0%
Dividends + buybacks / free cash flow21.5%4.8%29.4%21.4%7.2%0.0%0.0%0.0%0.0%0.0%
Capex / revenue0.8%1.1%6.0%5.4%6.0%6.6%4.9%5.5%6.8%7.4%
Capex / operating cash flow6.9%11.1%39.8%48.3%43.4%53.5%40.1%43.0%65.3%76.3%
Capex / depreciation0.100.170.910.880.971.100.821.411.742.20
Stock-based compensation / revenue3.1%3.4%3.5%3.4%2.9%2.8%2.3%2.0%3.1%1.1%
SG&A / revenue19.8%19.9%19.4%19.9%20.3%19.9%18.9%21.2%22.5%21.5%
Efficiency
Days sales outstanding91.491.391.085.379.287.282.176.572.877.5
Days of inventory on hand——-6.4-12.3-10.7-13.8-10.8-3.6-5.0-8.9
Days payables outstanding10.212.311.59.58.99.912.713.58.99.6
Cash conversion cycle (days)81.279.073.163.559.663.558.659.358.959.0
Receivables turnover3.994.004.014.284.614.194.454.775.014.71
Payables turnover35.7229.7931.8238.3641.0337.0128.7326.9840.8338.04
Asset turnover0.760.820.850.870.820.821.171.301.281.27
Average receivables$614.6M$604.2M$522.7M$416.2M$281.4M$194.5M$148.3M$109.4M$82.5M$68.6M
Average payables$44.7M$52.1M$42.1M$29.0M$19.5M$13.8M$14.1M$12.4M$6.4M$5.0M
Average inventory——−$23.6M−$37.4M−$23.4M−$19.3M−$12.0M−$3.3M−$3.6M−$4.7M
Intangibles / total assets58.7%59.3%51.0%41.8%35.5%37.2%31.4%27.1%31.3%27.7%

Computed from GLOB's annual financial statements (latest annual report filed February 27, 2026) and the closing share price on each fiscal year-end, adjusted for stock splits. Figures in U.S. dollars; data from EODHD. Averages use the opening and closing balance of each year.

GLOB valuation and financial ratios

At the end of fiscal 2025 (December 31, 2025), Globant traded at 28.6 times earnings, against a 10-year median of 56.4. Based on the latest twelve months, the trailing P/E is 15.5 and the forward P/E is 5.4. Globant earned a return on equity of 5.1% and a return on invested capital of 5.7% in fiscal 2025. It ended the year with $473.6 million of debt and $250.3 million in cash and short-term investments, net debt of $223.3 million. It returned $56.1 million to shareholders: $0 in dividends and $56.1 million in share buybacks, 21% of free cash flow. The share count rose 27.1% from 35.4M to 45.0M over 9 years.

See the GLOB income statement, the GLOB chart for price history, or the GLOB stock overview for the latest quote and news.

GLOB key metrics FAQ

What is Globant's P/E ratio?

Globant's trailing P/E ratio is 15.5 based on the last twelve months of earnings (as of October 17, 2026), and its forward P/E is 5.4. At the end of fiscal 2025 it was 28.6, compared with a 10-year median of 56.4.

What is Globant's EV/EBITDA?

Globant's enterprise value was 9.7 times EBITDA at the end of fiscal 2025 (enterprise value $3.2 billion, EBITDA $326.9 million); the current EV/EBITDA is 9.4.

What is Globant's return on equity?

Globant's return on equity (ROE) was 5.1% in fiscal 2025: net income of $102.9 million on average shareholders' equity of $2.0 billion.

What is Globant's ROIC?

Globant's return on invested capital was 5.7% in fiscal 2025, using after-tax operating income divided by average debt plus equity minus cash.

How much debt does Globant have?

Globant had total debt of $473.6 million at the end of fiscal 2025, a debt-to-equity ratio of 0.23 and $223.3 million of net debt (0.68 times EBITDA).

Does Globant pay a dividend?

Globant did not pay a dividend in fiscal 2025.

Does Globant buy back its shares?

Yes. Globant spent $56.1 million on net share repurchases in fiscal 2025 Shares outstanding changed +0.9% over the year, to 45.0M..

What is Globant's free cash flow yield?

Globant generated $261.2 million of free cash flow in fiscal 2025, a free cash flow yield of 8.9% on its market value at year-end ($2.9 billion).

What is Globant's current ratio?

Globant's current ratio was 1.64 at the end of fiscal 2025: current assets were 1.64 times current liabilities.

Information Technology Services key metrics