Conmed CNMD

NYSE CNMD
$46.85 -0.73 (-1.52%)
As of: Oct 21, 2026 · 10:33 AM EDT

Conmed (CNMD) stock price is $46.85, down 1.52% on the day, as of Oct 21, 2026. It has a market cap of $1.41Bn and a P/E ratio of 24.94, and is classified in the Medical Devices industry (Healthcare sector).

Key Stats
Market Cap1.41 Bn
P/E24.94
P/S1.03
Div. Yield0.01
Total Debt (Qtr)834.25 Mn
Revenue Growth (1y) (Qtr)0.33
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About

CONMED Corporation is a medical technology company that designs, manufactures, and distributes devices and equipment for surgical procedures. The company's products serve surgeons and other healthcare professionals in orthopedics, general surgery, gynecology, thoracic surgery, and gastroenterology. With approximately 3,900 employees, CONMED operates from three primary manufacturing locations and is headquartered in Largo, Florida. The company focuses on delivering…

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Sector: Healthcare Sector rationale CONMED designs, manufactures, and distributes medical devices and equipment for surgical procedures, specifically in orthopedics and general surgery. Its revenue is derived from selling these medical products to hospitals, surgery centers, and healthcare professionals, which falls squarely within the Healthcare sector's Medical Devices industry. Industries: Medical Devices Medical Devices Primary CONMED designs and manufactures therapeutic and surgical medical devices, including powered resection instruments, the Hall surgical brand of battery operated power tools, and electrosurgical generators. These products are sold to hospitals and surgery centers for use in orthopedics, general surgery, and gastroenterology. Medical Supplies Medical Supplies Secondary A substantial portion of the company's revenue is derived from medical supplies and consumables, with single-use products representing 78% of orthopedic sales and 92% of general surgery sales, including items like tissue retrieval bags, trocars, and graspers. Classified using BQ-MICS CIK: 0000816956

Product Lines Breakdown of Revenue (2017)

History
Peer percentiles

How Conmed ranks

Ranked against the 248 companies in Medical Devices and Diagnostics58 metrics · as of Oct 16, 2026

Valuation

12 metrics · Lower multiples rank higher; a negative multiple ranks last
  • P/E 25.1xMedian 28.9x 86th
  • P/FCF 10.5xMedian 26.0x 95th
  • P/Operating cash flow 9.36xMedian 20.1x 95th
  • P/S 1.03xMedian 3.07x 79th
  • P/B 1.35xMedian 2.40x 66th
  • P/Tangible book 2.96xMedian 3.05x 52nd
  • EV/EBITDA 11.9xMedian 18.0x 92nd
  • EV/EBIT 20.0xMedian 27.8x 90th
  • EV/Revenue 1.61xMedian 3.25x 72nd
  • EV/FCF 16.4xMedian 26.6x 90th
  • EV/Operating cash flow 14.7xMedian 21.9x 89th
  • PEG (3Y EPS CAGR)EPS is not growing −2.04Median 0.86 Not meaningful —
Peer group

Peer Comparison

Companies in the Medical Devices
View all peers
S.No. Ticker Company Market CapP/EP/STotal Debt (Qtr)
1 TMO Thermo Fisher Scientific Inc. 257.88 Bn37.015.5742.55 Bn
2 ABT Abbott Laboratories 173.37 Bn31.963.7232.61 Bn
3 DHR Danaher Corp /De/ 162.26 Bn40.526.4626.56 Bn
4 ISRG Intuitive Surgical Inc 149.66 Bn47.6813.56-
5 MDT Medtronic plc 120.13 Bn22.973.2028.15 Bn
6 SYK Stryker Corp 113.84 Bn30.534.4114.94 Bn
7 BSX Boston Scientific Corp 65.43 Bn17.803.1212.62 Bn
8 CNMD CONMED Corp 1.41 Bn24.941.030.83 Bn