What is CONMED's interest coverage?

CONMED (CNMD) reported interest coverage of 3.8× in Q1 2026.

How has CONMED's interest coverage changed year-over-year?

CONMED's interest coverage decreased by 25.5% year-over-year, from 5× to 3.8×.

What is the long-term trend for CONMED's interest coverage?

Over 5 years (2020 to 2025), CONMED's interest coverage has grown at a 25.9% compound annual growth rate (CAGR), from 1× to 3.3×.

What does interest coverage mean?

Trailing-twelve-month operating income (EBIT) divided by interest expense. Measures how many times over the company can cover its interest payments from operating profit.

CONMED CNMD Interest coverage

Interest coverage at other companies

Johnson & JohnsonJNJ

24.5×-1.7×

StrykerSYK

8×-3.0×

Boston ScientificBSX

10.6×+1.7×

VericelVCEL

24.8×+21.4×

MedtronicMDT

9.1×+0.9×

IAR

Integra LifeSciencesIART

-5.4×-5.6×

Other financials

Income statement

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Revenue$317.0M-1.3%

Gross profit$183.4M+3.2%

Operating income$25.4M+59.3%

Net income$13.8M+129%

EPS (diluted)$0.45+137%

Balance sheet

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Cash & equivalents$35.0M-1.3%

Total debt$862.6M-3.6%

Total equity$1.0B+4.1%

Total assets$2.3B+0.8%

Cash flow

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Operating cash flow$13.5M-67.6%

CapEx$2.9M-23.5%

Free cash flow$10.6M-72.0%

Valuation

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Market cap$1.04B-35.6%

Enterprise value$1.87B-24.5%

P/E19×+5.4×

P/S0.8×-0.5×

Profitability

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Gross margin55.2%-1.0pp

Operating margin8.2%-5.6pp

Net margin4%-5.0pp

FCF margin9%-3.5pp

Returns & leverage

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Return on equity5.5%-7.5pp

Debt / equity0.8×-0.1×

Current ratio2.3×0.0×

Where this comes from

Calculated from CONMED’s reported figures.

ebit/interest expense=3.8×

Based on trailing twelve months.

The official record: CONMED’s 10-Q, filed April 30, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is CONMED's interest coverage?: CONMED (CNMD) reported interest coverage of 3.8× in Q1 2026.
How has CONMED's interest coverage changed year-over-year?: CONMED's interest coverage decreased by 25.5% year-over-year, from 5× to 3.8×.
What is the long-term trend for CONMED's interest coverage?: Over 5 years (2020 to 2025), CONMED's interest coverage has grown at a 25.9% compound annual growth rate (CAGR), from 1× to 3.3×.
What does interest coverage mean?: Trailing-twelve-month operating income (EBIT) divided by interest expense. Measures how many times over the company can cover its interest payments from operating profit.