What is CONMED's net debt?

CONMED (CNMD) reported net debt of $827.62M in Q1 2026.

How has CONMED's net debt changed year-over-year?

CONMED's net debt decreased by 3.7% year-over-year, from $859.1M to $827.62M.

What is the long-term trend for CONMED's net debt?

Over 5 years (2020 to 2025), CONMED's net debt has grown at a 2.0% compound annual growth rate (CAGR), from $767.51M to $848.61M.

What does net debt mean?

Total debt minus cash and equivalents at the quarter end. The debt that would remain if the company used all its cash to pay down borrowings.

CONMED CNMD Net debt

Discontinued — last reported Q1 '26

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HES

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3.1×-0.1×

TDA

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Other financials

Income statement

See full

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

See full

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

See full

Operating cash flow$13.5M-67.6%

CapEx$2.9M-23.5%

Free cash flow$10.6M-72.0%

Valuation

See full

Market cap$1.04B-35.6%

Enterprise value$1.87B-24.5%

P/E19×+5.4×

P/S0.8×-0.5×

Profitability

See full

Gross margin55.2%-1.0pp

Operating margin8.2%-5.6pp

Net margin4%-5.0pp

FCF margin9%-3.5pp

Returns & leverage

See full

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.

$862.6Mtotal debt−$35.0Mcash and equivalents=$827.62M

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 net debt?: CONMED (CNMD) reported net debt of $827.62M in Q1 2026.
How has CONMED's net debt changed year-over-year?: CONMED's net debt decreased by 3.7% year-over-year, from $859.1M to $827.62M.
What is the long-term trend for CONMED's net debt?: Over 5 years (2020 to 2025), CONMED's net debt has grown at a 2.0% compound annual growth rate (CAGR), from $767.51M to $848.61M.
What does net debt mean?: Total debt minus cash and equivalents at the quarter end. The debt that would remain if the company used all its cash to pay down borrowings.