CONMED price to free cash flow CNMD
Market value divided by free cash flow over the last twelve months, since 2012.
- Today, Oct 23, 2026
- 11.0×
- 10-year median
- 35.2×
- Against its 10-year history
- 14th
- percentile: 0 is its lowest day, 100 its highest
- 10-year range
- 7.1× to 306×
- Peer median
- 30.5×
CONMED's price to free cash flow is 11.0× as of Oct 23, 2026.
That is below its ten-year median of 35.2×, lower than on 86% of days in the last ten years.
Over that time it ranged from 7.1× in Mar 2026 to 306× in Apr 2023.
The median for 4 medical device stocks of a similar size is 30.5×.
Price to free cash flow over time
The dashed line is the 10-year median and the shaded band the middle half of its days.
Year by year
| Year | End of year | Low | High |
|---|---|---|---|
| 2026 so far | 11.0× | 7.1× | 11.4× |
| 2025 | 8.5× | 8.3× | 13.3× |
| 2024 | 13.1× | 12.0× | 91.5× |
| 2023 | 89.8× | 47.9× | 306× |
| 2022 | 45.4× | 35.3× | 56.1× |
| 2021 | 49.8× | 36.1× | 75.3× |
| 2020 | 46.3× | 18.2× | 52.3× |
| 2019 | 52.0× | 31.6× | 100× |
| 2018 | 31.8× | 29.7× | 39.4× |
| 2017 | 31.8× | 23.8× | 62.4× |
| 2016 | 61.4× | 20.3× | 500× |
| 2015 | 24.5× | 21.4× | 34.8× |
| 2014 | 25.0× | 15.7× | 25.0× |
| 2013 | 16.9× | 11.5× | 16.9× |
| 2012 | 11.7× | 10.5× | 14.0× |
Against its peers
Companies in Medical - Devices nearest CONMED's size, closest first, today.
| Company | Price to free cash flow |
|---|---|
| CNMDCONMED | 11.0× |
| TMDXTransMedics | 31.0× |
| ITGRInteger | 38.4× |
| LIVNLivaNova | 30.1× |
| ELMDElectromed | 26.2× |
| Peer median | 30.5× |
What the price to free cash flow tells you
Market value divided by free cash flow: the cash left after running the business and paying for equipment. Cash is harder to manage than accounting earnings, so many investors trust this more than PE.
Lumpy: a big year of building factories drops cash flow and inflates the ratio without the business getting worse.
More on CONMED
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.