CONMED CORP (CNMD)
Health Care · surgical device manufacturing and minimally invasive surgical solutions · NYSE
CONMED makes surgical visualization, insufflation, and monitoring devices that enable surgeons to perform minimally invasive procedures more effectively and safely.
What CONMED CORP does
CONMED Corporation is a global medical device manufacturer focused on surgical visualization, insufflation, and patient monitoring solutions for operating rooms and surgical centers. The company designs and distributes products that enable minimally invasive surgical procedures and provide real-time patient monitoring throughout the surgical workflow. CONMED serves hospitals, surgical centers, doctors, and other healthcare providers worldwide, with revenue generated through direct sales and distribution arrangements.
Themes: ["minimally invasive surgery","surgical visualization","operating room solutions","patient monitoring","healthcare devices"]
Fundamentals
- Price$36.69 as of 2026-07-09 close
- Market cap$1.1B as of 2026-07-10
- 1-year return-30.7% as of 2026-07-09 close
- P/E20.24 as of 2026-07-10
- Net margin+4.0% as of 2026-07-10
- Gross margin+55.2% as of 2026-07-10
- ROE+5.4% as of 2026-07-10
- Debt / equity0.85 as of 2026-07-10
- Revenue growth (YoY)+4.1% as of 2026-07-10
- Revenue CAGR (3y)+9.6% SEC XBRL
- Beta0.94 as of 2026-07-10
Dividend: yield +2.2%; 1-year non-decreasing per-share dividend streak (SEC XBRL).
Key risks (from latest filing)
["Reliance on third-party reimbursement from government and private insurers; denial or reduction of reimbursement could materially harm sales and profitability","Supply chain vulnerability including sole-source supplier arrangements, raw material shortages, inflation, and geopolitical risks such as tariffs that could disrupt manufacturing and increase costs","Intense competition from larger medical device manufacturers and new entrants introducing alternative surgical technologies and product innovations that could reduce demand for CONMED's offerings"]
Competitors & peers
- Intuitive Surgical (ISRG)
- Stryker Corporation (SYK)
- Medtronic (MDT)
- Karl Storz
- Olympus Medical Systems
Fundamentals: Finnhub, as of 2026-07-10. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-07-09.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & Finnhub, shown with their as-of date.