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
DateValue
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%