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CONMED CNMD Return on invested capital

Return on invested capital at other companies

Johnson & Johnson logo
Johnson & JohnsonJNJ
20.6%+0.3pp
Boston Scientific logo
Boston ScientificBSX
10.9%+4.0pp
Vericel logo
VericelVCEL
4.8%+4.1pp
OSI Systems logo
OSI SystemsOSIS
12.2%-3.3pp
Zimmer Biomet Holdings logo
Zimmer Biomet HoldingsZBH
6.2%-0.1pp
Medtronic logo
MedtronicMDT
6.7%+0.1pp

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

Calculated from CONMED’s reported figures.

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 return on invested capital?
CONMED (CNMD) reported return on invested capital of 4.1% in Q1 2026.
How has CONMED's return on invested capital changed year-over-year?
CONMED's return on invested capital decreased by 49.7% year-over-year, from 8.1% to 4.1%.
What is the long-term trend for CONMED's return on invested capital?
Over 5 years (2020 to 2025), CONMED's return on invested capital has grown at a 3.1% compound annual growth rate (CAGR), from 3.1% to 3.6%.
What does return on invested capital mean?
Net operating profit after tax (operating income taxed at the effective rate) divided by average invested capital (debt plus equity minus cash). Measures the after-tax return on all capital put to work in the business, independent of capital structure.