Stocks · Health care · Electromedical & Electrotherapeutic Apparatus

CONMED Corp

CNMD Clue Score47
United States Fiscal year ends December CIK 0000816956
$44.42 -1.53% Close, 9 Oct 2026
Price $44.42 −67.21% Close, 9 Oct 2026

Closing prices at the end of each trading day, from 12 Oct 2016. Not a live quote. Adjusted for share splits, so the line has no step at a split; dividends are not added back. P/E and P/FCF are the market value over the last full fiscal year's net income or free cash flow, as public on each day, so they step once a year when the annual report comes out. A hatched band marks a stretch with none: a year of net loss, or of cash burnt.

Revenue and profit

What the business sells, and what is left of it. Point at a year for the detail.
RevenueOperating incomeNet income
Fiscal year 2016Revenue763.5Operating income37.7Net income14.7EPS, diluted0.52Fiscal year 2017Revenue796.4 +4.3%Operating income46.9Net income55.5 +278.4%EPS, diluted1.97 +278.8%Fiscal year 2018Revenue859.6 +7.9%Operating income71.3Net income40.9 −26.4%EPS, diluted1.41 −28.4%Fiscal year 2019Revenue955.1 +11.1%Operating income79.1Net income28.6 −29.9%EPS, diluted0.97 −31.2%Fiscal year 2020Revenue862.5 −9.7%Operating income46.0Net income9.5 −66.7%EPS, diluted0.32 −67.0%Fiscal year 2021Revenue1,010.6 +17.2%Operating income109.7Net income62.5 +557.2%EPS, diluted1.94 +506.3%Fiscal year 2022Revenue1,045.5 +3.4%Operating income70.1Net income−80.6 −228.8%EPS, diluted−2.68 −238.1%Fiscal year 2023Revenue1,244.7 +19.1%Operating income120.6Net income64.5EPS, diluted2.04Fiscal year 2024Revenue1,307.0 +5.0%Operating income200.3Net income132.4 +105.4%EPS, diluted4.25 +108.3%Fiscal year 2025Revenue1,374.7 +5.2%Operating income102.6Net income47.1 −64.5%EPS, diluted1.51 −64.5%
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue 763.5 796.4 859.6 955.1 862.5 1,010.6 1,045.5 1,244.7 1,307.0 1,374.7
Growth +4.3% +7.9% +11.1% −9.7% +17.2% +3.4% +19.1% +5.0% +5.2%
Operating income 37.7 46.9 71.3 79.1 46.0 109.7 70.1 120.6 200.3 102.6
Net income 14.7 55.5 40.9 28.6 9.5 62.5 −80.6 64.5 132.4 47.1
Growth +278.4% −26.4% −29.9% −66.7% +557.2% −228.8% +105.4% −64.5%
EPS, diluted 0.52 1.97 1.41 0.97 0.32 1.94 −2.68 2.04 4.25 1.51
Growth +278.8% −28.4% −31.2% −67.0% +506.3% −238.1% +108.3% −64.5%

Margins

How much of each dollar of revenue it keeps. Point at a year for the detail.
Gross marginOperating marginNet margin
Fiscal year 2016Gross margin53.5%Operating margin4.9%Net margin1.9%Free cash flow margin3.3%Fiscal year 2017Gross margin54.1%Operating margin5.9%Net margin7.0%Free cash flow margin6.6%Fiscal year 2018Gross margin54.6%Operating margin8.3%Net margin4.8%Free cash flow margin6.8%Fiscal year 2019Gross margin54.9%Operating margin8.3%Net margin3.0%Free cash flow margin7.9%Fiscal year 2020Gross margin53.4%Operating margin5.3%Net margin1.1%Free cash flow margin6.0%Fiscal year 2021Gross margin56.2%Operating margin10.9%Net margin6.2%Free cash flow margin9.6%Fiscal year 2022Gross margin54.6%Operating margin6.7%Net margin−7.7%Free cash flow margin1.1%Fiscal year 2023Gross margin54.3%Operating margin9.7%Net margin5.2%Free cash flow margin8.5%Fiscal year 2024Gross margin56.1%Operating margin15.3%Net margin10.1%Free cash flow margin11.8%Fiscal year 2025Gross margin54.6%Operating margin7.5%Net margin3.4%Free cash flow margin11.0%
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Gross margin 53.5% 54.1% 54.6% 54.9% 53.4% 56.2% 54.6% 54.3% 56.1% 54.6%
Operating margin 4.9% 5.9% 8.3% 8.3% 5.3% 10.9% 6.7% 9.7% 15.3% 7.5%
Net margin 1.9% 7.0% 4.8% 3.0% 1.1% 6.2% −7.7% 5.2% 10.1% 3.4%
Free cash flow margin 3.3% 6.6% 6.8% 7.9% 6.0% 9.6% 1.1% 8.5% 11.8% 11.0%

Cash flow

The cash the business makes, what it reinvests, and what it hands back. Point at a year for the detail.
Operating cash flowCapital expenditureFree cash flow
Fiscal year 2016Operating cash flow39.9Capital expenditure−14.8Free cash flow25.1Buybacks0.0Dividends paid−22.2Fiscal year 2017Operating cash flow65.6Capital expenditure−12.8Free cash flow52.7 +109.8%Dividends paid−22.3Fiscal year 2018Operating cash flow74.7Capital expenditure−16.5Free cash flow58.2 +10.4%Dividends paid−22.4Fiscal year 2019Operating cash flow95.1Capital expenditure−20.1Free cash flow75.1 +29.0%Dividends paid−22.6Fiscal year 2020Operating cash flow64.5Capital expenditure−13.0Free cash flow51.5 −31.4%Dividends paid−22.8Fiscal year 2021Operating cash flow111.8Capital expenditure−14.9Free cash flow96.9 +88.1%Dividends paid−23.3Fiscal year 2022Operating cash flow33.4Capital expenditure−21.8Free cash flow11.6 −88.1%Dividends paid−24.0Fiscal year 2023Operating cash flow125.3Capital expenditure−19.0Free cash flow106.3 +818.1%Dividends paid−24.5Fiscal year 2024Operating cash flow167.0Capital expenditure−13.1Free cash flow153.9 +44.7%Dividends paid−24.7Fiscal year 2025Operating cash flow170.7Capital expenditure−19.8Free cash flow150.9 −2.0%Dividends paid−24.7
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow 39.9 65.6 74.7 95.1 64.5 111.8 33.4 125.3 167.0 170.7
Capital expenditure −14.8 −12.8 −16.5 −20.1 −13.0 −14.9 −21.8 −19.0 −13.1 −19.8
Free cash flow 25.1 52.7 58.2 75.1 51.5 96.9 11.6 106.3 153.9 150.9
Growth +109.8% +10.4% +29.0% −31.4% +88.1% −88.1% +818.1% +44.7% −2.0%
Buybacks 0.0 n/a n/a n/a n/a n/a n/a n/a n/a n/a
Dividends paid −22.2 −22.3 −22.4 −22.6 −22.8 −23.3 −24.0 −24.5 −24.7 −24.7

Balance sheet

What it holds against what it owes, at each year end. Point at a year for the detail.
CashTotal debt
Fiscal year 2016Cash27.4Total debt498.5Net cash (debt)−471.1Shareholders’ equity580.6Debt to equity0.86Fiscal year 2017Cash32.6Total debt486.4Net cash (debt)−453.8Shareholders’ equity631.4Debt to equity0.77Fiscal year 2018Cash17.5Total debt456.9Net cash (debt)−439.4Shareholders’ equity662.3Debt to equity0.69Fiscal year 2019Cash25.9Shareholders’ equity710.5Fiscal year 2020Cash27.4Shareholders’ equity709.0Fiscal year 2021Cash20.8Shareholders’ equity785.4Fiscal year 2022Cash28.9Shareholders’ equity745.5Fiscal year 2023Cash24.3Shareholders’ equity834.2Fiscal year 2024Cash24.5Shareholders’ equity962.7Fiscal year 2025Cash40.8Shareholders’ equity1,033.1
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash 27.4 32.6 17.5 25.9 27.4 20.8 28.9 24.3 24.5 40.8
Total debt 498.5 486.4 456.9 n/a n/a n/a n/a n/a n/a n/a
Net cash (debt) −471.1 −453.8 −439.4 n/a n/a n/a n/a n/a n/a n/a
Shareholders’ equity 580.6 631.4 662.3 710.5 709.0 785.4 745.5 834.2 962.7 1,033.1
Debt to equity 0.86 0.77 0.69 n/a n/a n/a n/a n/a n/a n/a

In millions of USD, except per-share figures and ratios. Fiscal years, as last filed with the SEC.

Financial statements FY2025 · 10-K

Balance sheet

In millions of USD, except per-share figures; shares in millions. Fiscal years ending December, each column as last filed with the SEC.
Click a line to chart it
Fiscal year FY2016 31 Dec 2016 FY2017 31 Dec 2017 FY2018 31 Dec 2018 FY2019 31 Dec 2019 FY2020 31 Dec 2020 FY2021 31 Dec 2021 FY2022 31 Dec 2022 FY2023 31 Dec 2023 FY2024 31 Dec 2024 FY2025 31 Dec 2025
Assets
27.4 32.6 17.5 25.9 27.4 20.8 28.9 24.3 24.5 40.8
148.2 167.0 181.6 189.1 177.2 183.9 191.3 242.3 237.7 247.8
135.9 141.4 154.6 164.6 194.9 231.6 332.3 318.3 346.7 355.5
122.0 116.2 113.2 118.9 111.4 108.9 115.6 120.7 115.8 113.3
397.7 402.0 400.4 618.0 618.4 617.5 815.4 806.8 805.4 807.0
1,329.0 1,358.0 1,369.1 1,775.1 1,751.7 1,766.0 2,297.6 2,300.0 2,306.2 2,325.7
Growth +2.2% +0.8% +29.7% −1.3% +0.8% +30.1% +0.1% +0.3% +0.8%
Liabilities
10.2 14.7 18.3 n/a n/a n/a n/a n/a n/a n/a
488.3 471.7 438.6 n/a n/a n/a n/a n/a n/a n/a
calc 498.5 486.4 456.9 n/a n/a n/a n/a n/a n/a n/a
748.4 726.5 706.9 1,064.6 1,042.6 980.6 1,552.0 1,465.8 1,343.6 1,292.7
Equity
406.9 440.1 464.9 470.8 457.4 496.6 412.6 452.5 560.3 588.8
580.6 631.4 662.3 710.5 709.0 785.4 745.5 834.2 962.7 1,033.1
Growth +8.8% +4.9% +7.3% −0.2% +10.8% −5.1% +11.9% +15.4% +7.3%
Per share and net cash
calc −471.1 −453.8 −439.4 n/a n/a n/a n/a n/a n/a n/a
27.8 28.0 28.2 28.5 28.9 29.4 30.5 30.8 30.9 30.8
calc 20.86 22.57 23.53 24.94 24.50 26.71 24.44 27.10 31.15 33.51

Lines marked calc are worked out here from filed figures; point at one for how.