CONMED Corporation (CNMD)
Interest coverage
| Sep 30, 2025 | Jun 30, 2025 | Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before interest and tax (EBIT) (ttm) | US$ in thousands | 118,079 | 171,907 | 181,271 | 200,326 | 198,014 | 162,607 | 142,918 | 120,604 | 69,322 | 63,270 | -51,701 | -41,956 | -3,645 | -2,309 | 110,951 | 108,589 | 95,985 | 99,694 | 52,652 | 45,653 |
| Interest expense (ttm) | US$ in thousands | 32,573 | 34,219 | 35,988 | 37,296 | 37,944 | 38,711 | 39,115 | 39,776 | 39,714 | 38,231 | 34,162 | 28,905 | 27,031 | 26,640 | 30,132 | 35,485 | 39,030 | 42,828 | 44,809 | 44,050 |
| Interest coverage | 3.63 | 5.02 | 5.04 | 5.37 | 5.22 | 4.20 | 3.65 | 3.03 | 1.75 | 1.65 | -1.51 | -1.45 | -0.13 | -0.09 | 3.68 | 3.06 | 2.46 | 2.33 | 1.18 | 1.04 |
September 30, 2025 calculation
Interest coverage = EBIT (ttm) ÷ Interest expense (ttm)
= $118,079K ÷ $32,573K
= 3.63
Peer comparison
Sep 30, 2025
Company name
Symbol
Interest coverage
CONMED Corporation
CNMD
3.63
Abbott Laboratories
ABT
19.22
Stryker Corporation
SYK
14.24