CONMED Corporation is a global medical technology company that specializes in the development and sale of surgical and patient monitoring products and services that allow our physician customers to deliver high quality care and as a result, enhanced clinical outcomes for their patients. Our products are technological leaders in the specialties that we serve: Orthopaedics, General Surgery, Gynecology, Gastroenterology, Pulmonology, and Anesthesiology. CONMED's mission, and the focus of every employee around the world, is to improve the quality of health care by designing, producing and marketing innovative, high-quality products. Our emphasis is on our customer’s satisfaction and on our enhanced patient outcomes. We strive to demonstrate thoughtful leadership, provide meaningful opportunities for employees, and be a responsible member of the local communities in which we conduct business. CONMED is headquartered in beautiful, upstate New York (Utica), and employs approximately 3500 people worldwide. Our employees are located in 8 manufacturing, distribution or design facilities in the United States and in sales offices throughout the world. Our domestic locations include: Utica, NY, Largo, FL, Anaheim CA, San Mateo, CA, Westborough, MA, Edison, NJ, Centennial, CO, and Atlanta, GA. Our international facilities and presence spans more than 20 locations throughout Europe, Australia, Latin America, Asia, North America and the Middle East.

Utica, US
Size (employees)
3,300 (est)-2%
Conmed was founded in 1970 and is headquartered in Utica, US

Conmed Office Locations

Conmed has offices in Utica, Hartford, Westborough, Phoenix and in 63 other locations
Utica, US (HQ)
525 French Rd
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Conmed Data and Metrics

Conmed Financial Metrics

Conmed's revenue was reported to be $763.5 m in FY, 2016 which is a 6% increase from the previous period.

Revenue (FY, 2016)

763.5 m

Revenue growth (FY, 2015 - FY, 2016), %


Gross profit (FY, 2016)

408.3 m

Gross profit margin (FY, 2016), %


Net income (FY, 2016)

14.7 m

EBIT (FY, 2016)

37.7 m

Market capitalization (21-Jul-2017)

1.4 b

Cash (31-Dec-2016)

27.4 m


1.9 b
Conmed's current market capitalization is $1.4 b.
USDFY, 2013FY, 2014FY, 2015FY, 2016


762.7 m740.1 m719.2 m763.5 m

Revenue growth, %


Cost of goods sold

350.3 m336 m337.5 m355.2 m

Gross profit

412.4 m404.1 m381.7 m408.3 m

Gross profit Margin, %


Operating expense total

355.9 m351.3 m330.5 m370.7 m


56.5 m52.8 m51.2 m37.7 m

EBIT margin, %


Interest expense

5.6 m6.1 m6 m15.4 m

Pre tax profit

50.6 m46.7 m45.1 m19.4 m

Income tax expense

14.7 m14.5 m14.6 m4.7 m

Net Income

35.9 m32.2 m30.5 m14.7 m
USDFY, 2013FY, 2014FY, 2015FY, 2016


54.4 m66.3 m72.5 m27.4 m

Accounts Receivable

140.4 m129.3 m133.9 m148.2 m


143.2 m148.1 m166.9 m135.9 m

Current Assets

372.1 m381.2 m407.5 m330.5 m


139 m133.4 m125.5 m122 m


248.4 m256.2 m260.7 m397.7 m

Total Assets

1.1 b1.1 b1.1 b1.3 b

Accounts Payable

27.4 m23.8 m34.7 m41.6 m

Total Debt

215.6 m241.4 m270.8 m498.5 m

Current Liabilities

111.3 m116 m119.7 m114 m

Total Liabilities

748.4 m

Additional Paid-in Capital

326.4 m319.8 m324.9 m329.3 m

Retained Earnings

395.9 m406.1 m414.5 m406.9 m

Total Equity

606.3 m581.3 m585.1 m580.6 m

Debt to Equity Ratio

0.4 x0.4 x0.5 x0.9 x

Debt to Assets Ratio

0.2 x0.2 x0.2 x0.4 x

Financial Leverage

1.8 x1.9 x1.9 x2.3 x
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

35.9 m32.2 m30.5 m14.7 m

Depreciation and Amortization

18.7 m19.8 m18.7 m20.5 m

Accounts Receivable

(798 k)5.3 m(9.6 m)(6.4 m)


(1.8 m)(21 m)(35 m)3.1 m

Accounts Payable

4.2 m(3.4 m)11.5 m2.1 m

Cash From Operating Activities

80.9 m65.2 m48.1 m38.2 m

Purchases of PP&E

(18.4 m)(15.4 m)(15 m)(14.8 m)

Cash From Investing Activities

(18.4 m)(20.7 m)(24.4 m)(266 m)

Cash From Financing Activities

(31.3 m)(26.4 m)(9.8 m)184.2 m

Interest Paid

5.1 m5.5 m5.4 m13.8 m

Income Taxes Paid

(1.1 m)5.3 m(1.4 m)(200 k)
USDY, 2016


49.8 x


49.1 x


224.6 k


0.9 x


0.4 x

Financial Leverage

2.3 x

Conmed Market Value History

Conmed Revenue Breakdown

Conmed Job Categories

Conmed Median Salaries

Source: 22 public H-1B filings from Conmed

Conmed Online and Social Media Presence

Conmed Company Life and Culture

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