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CONMED CNMD State income taxes – net of federal income tax benefit

State income taxes – net of federal income tax benefit at other companies

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LivaNovaLIVN
0.9%+0.5pp
TFX
TeleflexTFX
5.6%-4.1pp

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

Reported directly by CONMED in its filing.

Tagged under the XBRL concept us-gaap:EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes.

The official record: CONMED’s 10-K, filed February 17, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is CONMED's state income taxes – net of federal income tax benefit?
CONMED (CNMD) reported state income taxes – net of federal income tax benefit of 3.6% in Q4 2025.
How has CONMED's state income taxes – net of federal income tax benefit changed year-over-year?
CONMED's state income taxes – net of federal income tax benefit increased by 111.8% year-over-year, from 1.7% to 3.6%.
What does state income taxes – net of federal income tax benefit mean?
Reflects the net impact of state and local income taxes on the effective tax rate after accounting for the federal deductibility of such payments. It provides a clearer view of the actual incremental tax cost imposed by state-level operations.