Conmed (CNMD) Operating Margin (2010 - 2026)
Conmed (CNMD) recorded Operating Margin of 10.60% in Q2 2026, down 0.55 percentage points from 11.15% a year earlier but up 2.58 percentage points from the prior quarter.
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Analysis
Conmed (CNMD) Operating Margin (2010 - 2026) Analysis & Trends
On a TTM basis, Conmed's Operating Margin came in at 8.04% as of Jun 30, 2026, down 4.95 percentage points year-over-year; for FY2025, it was 7.46%, down 7.86 percentage points from FY2024.
- Annual Operating Margin has a five-year change of +2.13 percentage points (FY2020 to FY2025).
- Across earlier years, Operating Margin came in at 15.33% in FY2024 (+5.64 pp), 9.69% in FY2023 (+2.99 pp), 6.70% in FY2022 (-4.16 pp) and 10.86% in FY2021 (+5.52 pp).
- Quarterly Operating Margin has ranged from -0.44% in Q4 2022 to 20.75% in Q3 2024 over the past five years.
- On a year-over-year basis, Operating Margin rose in two of the last eight quarters, with an average year-over-year change of -2.34 percentage points.
- Peak year-over-year performance for Operating Margin in the last five years was a gain of 15.78 percentage points in Q4 2023, against a drop of 17.23 percentage points in Q3 2025 at the low end.
- Per Business Quant, the preceding three quarters came in at 8.02% (Q1 2026), 9.81% (Q4 2025) and 3.52% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 251.30 Bn | 230.45 Bn | 4.88 Bn | 17.40% |
| 2 | Abbott Laboratories | 174.70 Bn | 145.78 Bn | 7.27 Bn | 13.44% |
| 3 | Danaher | 158.94 Bn | 142.76 Bn | 3.61 Bn | 17.99% |
| 4 | Intuitive Surgical | 145.87 Bn | 125.42 Bn | 1.96 Bn | 33.60% |
| 5 | Medtronic | 111.49 Bn | 77.36 Bn | 6.34 Bn | 18.08% |
| 6 | Stryker | 106.96 Bn | 93.08 Bn | 4.50 Bn | 25.18% |
| 7 | Boston Scientific | 63.62 Bn | 58.63 Bn | 3.85 Bn | 21.65% |
| 8 | Edwards Lifesciences | 50.80 Bn | 34.92 Bn | 1.35 Bn | 29.48% |
| 9 | Becton Dickinson | 49.59 Bn | 46.74 Bn | 2.32 Bn | 13.31% |
| 10 | Conmed | 1.40 Bn | 1.25 Bn | 197.46 Mn | 10.60% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 10.60% |
| Mar 31, 2026 | 8.02% |
| Dec 31, 2025 | 9.81% |
| Sep 30, 2025 | 3.52% |
| Jun 30, 2025 | 11.15% |
| Mar 31, 2025 | 4.97% |
| Dec 31, 2024 | 15.18% |
| Sep 30, 2024 | 20.75% |
| Jun 30, 2024 | 14.18% |
| Mar 31, 2024 | 11.21% |
| Dec 31, 2023 | 15.35% |
| Sep 30, 2023 | 9.95% |
| Jun 30, 2023 | 8.63% |
| Mar 31, 2023 | 4.30% |
| Dec 31, 2022 | -0.44% |
| Sep 30, 2022 | 8.81% |
| Jun 30, 2022 | 8.82% |
| Mar 31, 2022 | 9.26% |
| Dec 31, 2021 | 13.58% |
| Sep 30, 2021 | 10.73% |
API Access
Conmed Operating Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-margin&ticker=CNMD&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-margin", "ticker": "CNMD", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-margin&ticker=CNMD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();