Conmed (CNMD) Return on Invested Capital [ROIC] (2011 - 2026)
Conmed (CNMD) reported Return on Invested Capital [ROIC] of 3.99% for Q2 2026, down 3.36 percentage points from 7.35% a year earlier and down 0.02 percentage points from the prior quarter.
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Analysis
Conmed (CNMD) Return on Invested Capital [ROIC] (2011 - 2026) Analysis & Trends
For FY2025, Conmed posted Return on Invested Capital [ROIC] of 3.63%, down 5.22 percentage points from FY2024.
- Return on Invested Capital [ROIC] has a five-year change of +0.51 percentage points (FY2020 to FY2025).
- By year, Return on Invested Capital [ROIC] came in at 8.85% in FY2024 (+3.52 pp), 5.33% in FY2023 (+1.05 pp), 4.28% in FY2022 (-2.12 pp) and 6.40% in FY2021 (+3.27 pp).
- Five-year quarterly Return on Invested Capital [ROIC] spans a low of 3.33% in Q1 2023 and a high of 8.76% in Q3 2024.
- Year over year, Return on Invested Capital [ROIC] has now declined in each of the last four quarters, with an average year-over-year change of -0.75 percentage points over the last eight quarters.
- The high point for year-over-year Return on Invested Capital [ROIC] in five years was Q3 2021 (a gain of 6.41 percentage points); the low point was Q4 2025 (a drop of 5.06 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at 4.01% (Q1 2026), 3.64% (Q4 2025) and 4.74% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 242.18 Bn | 221.33 Bn | 4.88 Bn | 7.89% |
| 2 | Abbott Laboratories | 168.71 Bn | 139.79 Bn | 7.27 Bn | 6.20% |
| 3 | Danaher | 150.46 Bn | 134.27 Bn | 3.61 Bn | 5.71% |
| 4 | Intuitive Surgical | 138.71 Bn | 118.26 Bn | 1.96 Bn | - |
| 5 | Medtronic | 110.54 Bn | 76.41 Bn | 6.34 Bn | 6.90% |
| 6 | Stryker | 105.66 Bn | 91.78 Bn | 4.50 Bn | 10.46% |
| 7 | Boston Scientific | 61.74 Bn | 56.75 Bn | 3.85 Bn | 10.53% |
| 8 | Edwards Lifesciences | 49.09 Bn | 33.21 Bn | 1.35 Bn | 8.99% |
| 9 | Becton Dickinson | 48.16 Bn | 45.31 Bn | 2.32 Bn | 5.27% |
| 10 | Conmed | 1.39 Bn | 1.23 Bn | 197.46 Mn | 3.99% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 3.99% |
| Mar 31, 2026 | 4.01% |
| Dec 31, 2025 | 3.64% |
| Sep 30, 2025 | 4.74% |
| Jun 30, 2025 | 7.35% |
| Mar 31, 2025 | 7.93% |
| Dec 31, 2024 | 8.70% |
| Sep 30, 2024 | 8.76% |
| Jun 30, 2024 | 7.01% |
| Mar 31, 2024 | 6.21% |
| Dec 31, 2023 | 5.32% |
| Sep 30, 2023 | 3.82% |
| Jun 30, 2023 | 3.48% |
| Mar 31, 2023 | 3.33% |
| Dec 31, 2022 | 3.94% |
| Sep 30, 2022 | 6.36% |
| Jun 30, 2022 | 7.01% |
| Mar 31, 2022 | 6.31% |
| Dec 31, 2021 | 6.38% |
| Sep 30, 2021 | 6.60% |
API Access
Conmed Return on Invested Capital [ROIC] 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=return-on-invested-capital-%5Broic%5D&ticker=CNMD&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "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=return-on-invested-capital-%5Broic%5D&ticker=CNMD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();