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| Date | Value |
|---|---|
| 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% |