Conmed (CNMD) Tax Rate (2010 - 2026)
Conmed (CNMD) posted Tax Rate of 24.66% for Q1 2026, up 159.39% on a QoQ basis from 41.53% in Q4 2025, and up 334.0% year-over-year from 5.68% in Q1 2025.
Conmed (CNMD) Tax Rate (2010 - 2026) Analysis & Trends
Conmed's Tax Rate history runs 17 years deep, the most recent figure standing at 24.66% for Q1 2026.
- Quarterly Tax Rate rose 334.0% year-over-year to 24.66% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 120.27% (up 10200.0% YoY) and the FY2025 annual result came in at 205.17%, up 18639.0% from the prior year.
- Tax Rate was 24.66% for Q1 2026 at Conmed, up from 41.53% in the prior quarter.
- Across five years, Tax Rate topped out at 33.09% in Q3 2025 and bottomed at 193.72% in Q3 2022.
- A 5-year average of 7.9% and a median of 21.18% in 2023 frame the typical range for Tax Rate.
- Annual changes were most pronounced in 2022 — Tax Rate plunged 20801 bps — and 2023, when it soared 21564 bps.
- Conmed's Tax Rate stood at 63.79% in 2022, then jumped by 62 bps to 24.07% in 2023, then surged by 194 bps to 22.65% in 2024, then tumbled by 283 bps to 41.53% in 2025, then soared by 159 bps to 24.66% in 2026.
- Business Quant data shows CNMD's Tax Rate at 24.66% in Q1 2026, 41.53% in Q4 2025, and 33.09% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 201.40 Bn | 194.75 Bn | 6.27 Bn | 25.67% |
| 2 | Stryker | 122.29 Bn | 119.41 Bn | 3.81 Bn | 12.35% |
| 3 | Medtronic | 105.01 Bn | 96.40 Bn | 6.41 Bn | 31.35% |
| 4 | Boston Scientific | 64.81 Bn | 63.59 Bn | 3.61 Bn | -15.15% |
| 5 | Edwards Lifesciences | 55.28 Bn | 51.60 Bn | 1.29 Bn | 17.06% |
| 6 | Dexcom | 29.06 Bn | 27.94 Bn | 750.30 Mn | 25.97% |
| 7 | Koninklijke Philips | 29.02 Bn | 25.93 Bn | 2.07 Bn | -23.16% |
| 8 | GE HealthCare Technologies | 28.27 Bn | 26.20 Bn | 1.98 Bn | 18.61% |
| 9 | Smith & Nephew | 25.80 Bn | 25.22 Bn | - | - |
| 10 | Conmed | 1.29 Bn | 1.26 Bn | 183.45 Mn | 24.66% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 24.66% |
| Mar 31, 2026 | 24.66% |
| Mar 31, 2026 | 24.66% |
| Dec 31, 2025 | -41.53% |
| Dec 31, 2025 | -41.53% |
| Dec 31, 2025 | -41.53% |
| Sep 30, 2025 | 33.09% |
| Sep 30, 2025 | 33.09% |
| Sep 30, 2025 | 33.09% |
| Jun 30, 2025 | 28.40% |
| Jun 30, 2025 | 28.40% |
| Jun 30, 2025 | 28.40% |
| Mar 31, 2025 | 21.32% |
| Mar 31, 2025 | 21.32% |
| Mar 31, 2025 | 21.32% |
| Dec 31, 2024 | 22.65% |
| Dec 31, 2024 | 22.65% |
| Dec 31, 2024 | 22.65% |
| Sep 30, 2024 | 13.23% |
| Sep 30, 2024 | 13.23% |