Skip to content

CONMED CNMD Ratios & Valuation

Q1 '26Q4 '25Q3 '25Q2 '25Q1 '25
Profitability
Gross margin55.2%-1.0pp54.6%-1.5pp54.2%-1.4pp56.1%+0.7pp56.1%+1.2pp
Operating margin8.2%-5.6pp7.5%-7.9pp8.8%-6.6pp13%+0.2pp13.8%+2.4pp
Net margin4%-5.0pp3.4%-6.7pp4.8%-5.5pp8.3%+0.6pp9%+2.5pp
EBITDA margin12%-5.7pp11.3%-8.0pp12.7%-6.7pp16.9%+0.2pp17.7%+2.3pp
Free cash flow margin9%-3.5pp11%-0.8pp11.1%-1.8pp11.2%-1.3pp12.5%+1.3pp
Returns
Return on equity5.5%-7.5pp4.7%-10.0pp6.6%-8.6pp11.7%-0.2pp13%+2.7pp
Return on assets2.4%-2.8pp2%-3.7pp2.8%-2.9pp4.8%+0.5pp5.2%+1.6pp
Return on invested capital4.1%-4.0pp3.6%-5.2pp4.8%-4.0pp7.5%+0.5pp8.1%+1.9pp
Efficiency
Asset turnover0.6×0.0×0.6×0.0×0.6×0.0×0.6×0.0×0.6×0.0×
Inventory turnover1.7×0.0×1.8×+0.1×1.7×0.0×1.7×-0.1×1.7×0.0×
Liquidity
Current ratio2.3×0.0×2.1×-0.2×2.1×-0.2×2.2×-0.1×2.3×+0.1×
Quick ratio0.0×0.0×0.9×-0.1×-0.1×-0.1×
Cash ratio0.1×0.0×0.1×0.0×0.1×0.0×0.1×0.0×0.1×0.0×
Leverage
Debt-to-equity0.8×-0.1×0.9×-0.1×0.8×-0.2×0.9×-0.2×0.9×-0.2×
Debt-to-assets0.4×0.0×0.4×0.0×0.4×0.0×0.4×0.0×0.4×0.0×
Net debt / EBITDA+1.3×5.5×+1.8×4.8×+1.2×3.8×-0.6×3.7×-1.3×
Interest coverage3.8×-1.3×3.3×-2.1×3.6×-1.6×+0.8×+1.4×
Per Share
Book value per share$33.23+5.9%$33.17+7.3%$32.47+8.3%$32.29+13.9%$31.38+14.8%
Valuation
Market capitalization$1.04B-35.6%$1.26B-40.5%$1.46B-34.3%$1.63B-23.4%$1.87B-24.3%
Enterprise value$1.87B-24.5%$2.11B-30.7%$2.27B-27.2%$2.49B-19.2%$2.73B-20.4%
Price / earnings19×+5.4×26.7×+10.8×22.7×+5.9×14.8×-6.8×15.7×-14.2×
Price / sales0.8×-0.5×0.9×-0.7×1.1×-0.6×1.2×-0.4×1.4×-0.5×
Price / book-0.6×1.2×-1.0×1.4×-0.9×1.6×-0.8×1.9×-1.0×
EV / EBITDA11.4×+0.7×13.6×+1.5×13.3×+0.8×11.1×-3.3×11.7×-5.9×
EV / sales1.4×-0.5×1.5×-0.8×1.7×-0.7×1.9×-0.5×2.1×-0.6×
Free cash flow yield11.9%+1.7pp12%+4.7pp10.2%+2.7pp9.1%+1.6pp8.8%+3.1pp
Earnings yield5.3%-2.1pp3.7%-2.5pp4.4%-1.5pp6.7%+2.1pp6.4%+3.0pp
Dividend yield1.8%+0.3pp2%+0.8pp1.7%+0.6pp1.5%+0.4pp1.3%+0.3pp

Chart any of these lines over time, or line them up against competitors.

Compare these in charts →

Questions, answered.

What are CONMED's profit margins?
CONMED (CNMD) runs a 55.2% gross margin and a 8.2% operating margin, with a 4.0% net margin.
Where do CONMED's ratios come from?
Every ratio is computed from CONMED's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.