Conmed (FRA:EC8) Tax Rate % : 22.46% (As of Mar. 2024)

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What is Conmed Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Conmed's Tax Expense for the three months ended in Mar. 2024 was €5 Mil. Conmed's Pre-Tax Income for the three months ended in Mar. 2024 was €23 Mil. Therefore, Conmed's Tax Rate % for the quarter that ended in Mar. 2024 was 22.46%.

Conmed Tax Rate % Historical Data

The historical data trend for Conmed's Tax Rate % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Conmed Tax Rate % Chart

Conmed Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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8.34

-493.55

14.45

-13.72

20.25

Conmed Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Tax Rate %	Get a 7-Day Free Trial															25.58	21.18	21.91	18.71	22.46

Conmed Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Conmed's Tax Rate % for the fiscal year that ended in Dec. 2023 is calculated as

Tax Rate %	=	Tax Expense (A: Dec. 2023 )	/	Pre-Tax Income (A: Dec. 2023 )
	=	15.01	/	74.119
	=	20.25 %

Conmed's Tax Rate % for the quarter that ended in Mar. 2024 is calculated as

Tax Rate %	=	Tax Expense (Q: Mar. 2024 )	/	Pre-Tax Income (Q: Mar. 2024 )
	=	5.253	/	23.385
	=	22.46 %

Conmed Tax Rate % Related Terms

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Conmed (FRA:EC8) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Conmed Corp (FRA:EC8) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

CNMD:USA EC8:Germany

Address

11311 Concept Boulevard, Largo, FL, USA, 33773

Website

https://www.conmed.com

Conmed Corp is a Utica, New York-based medical equipment company that focuses on sports medicine procedures and general surgery. The firm currently reports through two reporting units, orthopedic surgery, and general surgery. From a geographic perspective, the firm is U.S.-centric, with maximum domestic sales accounting for revenue, EMEA accounting for second place, APAC at third, and the non-U.S. Americas region driving the remaining revenue.

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