Conmed (CNMD) Tax Rate (2010 - 2026)

Conmed (CNMD) reported Tax Rate of 24.66% for Q1 2026, up 334.0% on a YoY basis from 5.68% in Q1 2025, and down 42.35% quarter-over-quarter from 42.78% in Q4 2025.

Conmed (CNMD) Tax Rate (2010 - 2026) Analysis & Trends

Conmed has reported Tax Rate for 17 years, with the latest figure at 24.66% in Q1 2026.

  • For the quarter ending Q1 2026, Tax Rate rose 334.0% year-over-year to 24.66%; the trailing twelve-month figure through Mar 2026 stood at 32.95% (up 1469.0% YoY), and the FY2025 full-year result was 33.83%, up 1506.0% from the prior year.
  • Tax Rate for Q1 2026 stood at 24.66%, down from 42.78% in the prior quarter.
  • The five-year high for Tax Rate was 352.27% in Q4 2022, with the low at 193.72% in Q3 2022.
  • Historically, Tax Rate has averaged 24.04% across 5 years, with a median of 21.91% in 2023.
  • Annual changes were most pronounced in 2022 — Tax Rate jumped 33472 bps — and 2023, when it sank 33356 bps.
  • Conmed's Tax Rate stood at 352.27% in 2022, then tumbled by 95 bps to 18.71% in 2023, then increased by 21 bps to 22.65% in 2024, then jumped by 89 bps to 42.78% in 2025, then slumped by 42 bps to 24.66% in 2026.
  • The last three Tax Rate figures came in at 24.66% (Q1 2026), 42.78% (Q4 2025), and 33.09% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Abbott Laboratories 154.42 Bn 147.76 Bn 6.27 Bn 25.67
2 Stryker 118.12 Bn 115.25 Bn 3.81 Bn 12.35
3 Medtronic 101.72 Bn 93.55 Bn 5.76 Bn 18.09
4 Boston Scientific 67.19 Bn 65.98 Bn 3.61 Bn -15.15
5 Edwards Lifesciences 50.69 Bn 47.02 Bn 1.29 Bn 17.06
6 Koninklijke Philips 29.38 Bn 26.07 Bn 2.07 Bn -23.16
7 Dexcom 28.09 Bn 26.97 Bn 750.30 Mn 25.97
8 GE HealthCare Technologies 28.08 Bn 26.02 Bn 1.98 Bn 18.61
9 Steris 19.80 Bn 19.37 Bn 697.10 Mn 27.65
10 Conmed 994.72 Mn 959.69 Mn 183.45 Mn 24.66

Historic Data

Download Data
DateValue
Mar 31, 2026 24.66%
Mar 31, 2026 24.66%
Dec 31, 2025 42.78%
Dec 31, 2025 42.78%
Sep 30, 2025 33.09%
Sep 30, 2025 33.09%
Jun 30, 2025 28.40%
Jun 30, 2025 28.40%
Mar 31, 2025 21.32%
Mar 31, 2025 21.32%
Dec 31, 2024 22.65%
Dec 31, 2024 22.65%
Sep 30, 2024 13.23%
Sep 30, 2024 13.23%
Jun 30, 2024 20.09%
Jun 30, 2024 20.09%
Mar 31, 2024 22.46%
Mar 31, 2024 22.46%
Dec 31, 2023 18.71%
Dec 31, 2023 18.71%