GLBEGlobal-E Online Ltd.

$39.12

Is the business good?

How good a business is GLBE?

Global-E Online Ltd. earns 9.2% on the capital it employs against a 9.0% cost of capital, so the business is worth more the bigger it gets.

9.2%

Return on invested capital · cost of capital 9.0% · 0.24 points above what the capital costs: growth creates value

Operating margin
7.4%

Operating margin · Internet Retail median 7.6% · fiscal year to FY2025

Share count, year on year
+5.2%

Share count, year on year · shareholders own a smaller slice than a year ago

R&D as % of revenue
13%

R&D as % of revenue

Operating margin by fiscal year
YearOperating margin
FY20206.2%
FY2021−27%
FY2022−46%
FY2023−24%
FY2024−9.0%
FY20257.4%
Details
Gross marginfiscal year to FY2025
45%
Operating marginfiscal year to FY2025
7.4%
Net marginfiscal year to FY2025
7.1%
Free cash flow margin
29%
R&D as % of revenue
13%
Revenue, trailing twelve months
$962M
Free cash flow, trailing twelve months
$281M
Net income, trailing twelve months
$68M
Return on invested capitaloperating profit after tax ÷ debt + equity − cash
9.2%

Margins, capital and share counts from the statements as filed with the SEC; cash conversion from the cash flow statement.