Conmed (CNMD) Tax Rate (2010 - 2026)
Conmed's Tax Rate was 26.40% in Q2 2026, down 2.00 percentage points from 28.40% a year earlier but up 1.74 percentage points from the prior quarter.
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Analysis
Conmed (CNMD) Tax Rate (2010 - 2026) Analysis & Trends
On a trailing twelve-month basis, Conmed's Tax Rate was 32.12% through Jun 30, 2026, up 12.15 percentage points year-over-year; for FY2025, it was 33.83%, up 15.06 percentage points from FY2024.
- Tax Rate shows a five-year change of +527.53 percentage points (FY2020 to FY2025).
- In earlier years, Tax Rate was 18.77% in FY2024 (-1.48 pp), 20.25% in FY2023 (+33.97 pp), -13.72% in FY2022 (-28.17 pp) and 14.45% in FY2021 (+508.15 pp).
- Quarterly Tax Rate has moved between -193.72% (Q3 2022) and 352.27% (Q4 2022) over five years.
- Compared with a year earlier, Tax Rate was higher in five of the last eight quarters, with an average year-over-year change of +5.47 percentage points.
- The best year-over-year quarter for Tax Rate over five years was Q4 2022 (a gain of 334.72 percentage points); the worst was Q4 2023 (a drop of 333.56 percentage points).
- Per Business Quant data, CNMD's Tax Rate in the three quarters before Q2 2026 was 24.66% (Q1 2026), 42.78% (Q4 2025) and 33.09% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 249.71 Bn | 228.86 Bn | 4.88 Bn | 8.68% |
| 2 | Abbott Laboratories | 171.00 Bn | 142.08 Bn | 7.27 Bn | 39.11% |
| 3 | Danaher | 155.79 Bn | 139.61 Bn | 3.61 Bn | 19.29% |
| 4 | Intuitive Surgical | 143.91 Bn | 123.46 Bn | 1.96 Bn | 21.94% |
| 5 | Medtronic | 110.42 Bn | 76.29 Bn | 6.34 Bn | 16.34% |
| 6 | Stryker | 105.71 Bn | 91.82 Bn | 4.50 Bn | 18.41% |
| 7 | Boston Scientific | 63.26 Bn | 58.27 Bn | 3.85 Bn | 14.62% |
| 8 | Edwards Lifesciences | 49.80 Bn | 33.91 Bn | 1.35 Bn | 53.56% |
| 9 | Becton Dickinson | 48.78 Bn | 45.93 Bn | 2.32 Bn | 18.41% |
| 10 | Conmed | 1.39 Bn | 1.23 Bn | 197.46 Mn | 26.40% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 26.40% |
| Mar 31, 2026 | 24.66% |
| Dec 31, 2025 | 42.78% |
| Sep 30, 2025 | 33.09% |
| Jun 30, 2025 | 28.40% |
| Mar 31, 2025 | 21.32% |
| Dec 31, 2024 | 22.65% |
| Sep 30, 2024 | 13.23% |
| Jun 30, 2024 | 20.09% |
| Mar 31, 2024 | 22.46% |
| Dec 31, 2023 | 18.71% |
| Sep 30, 2023 | 21.91% |
| Jun 30, 2023 | 21.18% |
| Mar 31, 2023 | 25.57% |
| Mar 31, 2022 | 14.16% |
| Dec 31, 2021 | 17.55% |
| Sep 30, 2021 | 14.28% |
| Jun 30, 2021 | 18.40% |
| Sep 30, 2020 | 60.52% |
| Dec 31, 2019 | 13.38% |
API Access
Conmed Tax Rate 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=tax-rate&ticker=CNMD&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "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=tax-rate&ticker=CNMD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();