CONMED Corporation
CNMD Healthcare Medical Devices
CONMED Corporation’s revenue for fiscal 2025 (year ended December 2025) was $1.4 billion, up 5.18% from fiscal 2024. In the quarter to June 2026, revenue was flat, EPS grew 11.6%, free cash flow grew 46.0% and total debt fell 5.40%, each against the same quarter a year earlier. Dividend growth for ten consecutive years, revenue growth for five, operating cash flow growth for three.
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CONMED Corporation (CNMD) P/E ratio
As of 16 October 2026, CONMED Corporation (CNMD) trades at a P/E ratio of 25.3×. Over the past ten years it has ranged from 0.0× (June 2023) to 5,641× (December 2020); the current reading is higher than 27% of that period. That is above the Medical Devices industry median of 23.2× and above the Healthcare sector median of 23.0×.
P/E ratio, daily
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Annual newest first
| Period | P/E ratio | Change |
|---|---|---|
| FY2025 | 26.9× | 68.54% |
| FY2024 | 16.0× | (69.43%) |
| FY2023 | 52.2× | — |
| FY2022 | 0.0× | — |
| FY2021 | 66.2× | (80.48%) |
| FY2020 | 339× | 209.56% |
| FY2019 | 110× | 149.33% |
| FY2018 | 44.0× | 72.90% |
| FY2017 | 25.4× | (70.07%) |
| FY2016 | 85.0× | 112.21% |
Quarterly newest first
| Period | P/E ratio | Change |
|---|---|---|
| Jun 2026 | 17.7× | (11.44%) |
| Mar 2026 | 20.0× | (25.70%) |
| Dec 2025 | 26.9× | 17.77% |
| Sep 2025 | 22.8× | 56.06% |
| 42 more quarters | Free account |
Against its own ten years
P/E ratio against peers
| Company | P/E ratio |
|---|---|
| AORT Artivion, Inc. compare | n/m |
| ESTA Establishment Labs Holdings Inc. compare | n/m |
| NVCR NovoCure Limited compare | n/m |
| ENOV Enovis Corporation compare | n/m |
| TNDM Tandem Diabetes Care, Inc. compare | n/m |
| ATEC Alphatec Holdings, Inc. compare | n/m |
| BVS Bioventus Inc. compare | 16.4× |
| CNMD CONMED Corporation | 25.3× |
| IRMD iRadimed Corporation compare | 48.5× |
| Medical Devices industry median | 23.2× |
| Healthcare sector median | 23.0× |
| Market median | 18.1× |
What P/E ratio is
Price to Earnings Ratio shows how much investors pay for each dollar of a company’s annual profit per share.
Stock Price ÷ EPS (Basic) (TTM)