CNMD vs HLX

Comparison between Conmed Corp (CNMD, Company) and Helix Energy Solutions Group Inc (HLX, Company).

CNMD is from the Healthcare sector, while HLX is from the Energy sector.

5-Year PerformanceHLX has outperformed CNMD, delivering a return of +21.2% compared to -15.9%

CNMD vs HLX - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	CNMD(COMPANY)	HLX(COMPANY)
Market Cap	$1.49B	$1.49B
Max Drawdown	79.55%	97.87%
Sharpe Ratio	0.02	1.40
5Y Beta	0.92	1.14
Industry	Medical Devices	Oil & Gas Equipment & Services
P/E Ratio	28.33	51.57
Forward P/E	27.17	113.64
Dividend Yield	0.40%	N/A
5Y Dividends CAGR	4.56%	N/A
5Y EPS CAGR	18.25%	-17.81%
Debt to Equity	0.00%	19.22%
Free Cash Flow Yield	10.61%	17.01%

Market Cap

CNMD

$1.49B

Winner

HLX

$1.49B

Max Drawdown

Winner

CNMD

79.55%

HLX

97.87%

Sharpe Ratio

CNMD

0.02

Winner

HLX

1.40

5Y Beta

Winner

CNMD

0.92

HLX

1.14

Industry

CNMD

Medical Devices

HLX

Oil & Gas Equipment & Services

P/E Ratio

Winner

CNMD

28.33

HLX

51.57

Forward P/E

Winner

CNMD

27.17

HLX

113.64

Dividend Yield

CNMD

0.40%

HLX

N/A

5Y Dividends CAGR

CNMD

4.56%

HLX

N/A

5Y EPS CAGR

Winner

CNMD

18.25%

HLX

-17.81%

Debt to Equity

Winner

CNMD

0.00%

HLX

19.22%

Free Cash Flow Yield

CNMD

10.61%

Winner

HLX

17.01%

CNMD vs HLX - Historical Returns

Returns include dividend reinvestment.

Period	CNMD	HLX
1 month	+17.47%	+6.30%
3 months	+40.14%	-0.20%
6 months	+19.19%	+17.67%
1 year	-9.38%	+71.53%
5 years(CAGR)	-15.93%	+21.20%
10 years(CAGR)	+3.59%	+2.61%
Max(CAGR)	+5.09%	+0.79%

Winner

CNMD

+17.47%

HLX

+6.30%

Winner

CNMD

+40.14%

HLX

-0.20%

Winner

CNMD

+19.19%

HLX

+17.67%

CNMD

-9.38%

Winner

HLX

+71.53%

5Y(CAGR)

CNMD

-15.93%

Winner

HLX

+21.20%

10Y(CAGR)

Winner

CNMD

+3.59%

HLX

+2.61%

Max(CAGR)

Winner

CNMD

+5.09%

HLX

+0.79%

CNMD vs HLX - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	CNMD	HLX
2026	+22.95%	+58.12%
2025	-39.05%	-35.23%
2024	-37.17%	-6.89%
2023	+22.90%	+46.65%
2022	-38.74%	+118.34%
2021	+28.10%	-26.42%
2020	+1.69%	-56.52%
2019	+77.91%	+68.65%
2018	+28.29%	-29.19%
2017	+17.26%	-19.44%
2016	+5.99%	+64.25%
2015	-0.51%	-75.72%
2014	+6.98%	-4.99%
2013	+54.41%	+9.19%
2012	+9.85%	+23.67%
2011	-3.46%	+31.56%
2010	+14.17%	-2.10%
2009	-4.96%	+49.49%
2008	+3.59%	-82.64%
2007	-0.13%	+39.03%
2006	-0.52%	-20.40%
2005	-15.50%	+83.49%
2004	+19.81%	+66.60%
2003	+19.30%	-1.39%
2002	-3.40%	-2.08%
2001	+77.37%	-7.94%
2000	-32.51%	+60.12%
1999	+8.97%	+1.13%

CNMD vs HLX Drawdown Comparison

The maximum drawdown for CNMD was -78.74%, occurring on Jun 17, 2026. This drawdown has not yet recovered.

The maximum drawdown for HLX was -97.87%, occurring on Apr 3, 2020. This drawdown has not yet recovered.

The current CNMD drawdown is -67.02%. The current HLX drawdown is -78.39%.

Rank	CNMD	HLX
#1	-78.74% Nov 9, 2021 - Jun 17, 2026	-97.87% Oct 12, 2007 - Apr 3, 2020
#2	-65.69% Nov 25, 2019 - Jan 6, 2021	-50.45% Mar 7, 2001 - Jun 23, 2004
#3	-64.60% Sep 19, 2008 - Mar 14, 2013	-37.21% Jan 19, 2006 - Oct 3, 2007
#4	-60.55% Feb 11, 2000 - Jul 25, 2001	-35.67% Oct 13, 2000 - Mar 7, 2001
#5	-48.33% Apr 30, 2002 - Feb 9, 2004	-24.18% Mar 30, 2000 - May 15, 2000
#6	-44.48% May 18, 2005 - Sep 19, 2008	-20.59% May 15, 2000 - Jun 30, 2000
#7	-39.40% Jul 20, 2015 - Jan 25, 2018	-19.08% Dec 7, 1999 - Feb 14, 2000
#8	-32.89% Apr 5, 2004 - Apr 6, 2005	-17.66% Jun 30, 2000 - Aug 30, 2000
#9	-29.29% Sep 11, 2018 - Mar 21, 2019	-17.20% Mar 4, 2005 - Jun 15, 2005
#10	-26.09% May 13, 2014 - Feb 13, 2015	-14.74% Sep 29, 2005 - Nov 2, 2005
#11	-25.85% Aug 14, 2001 - Mar 1, 2002	-14.14% Aug 2, 2005 - Aug 31, 2005
#12	-15.19% May 3, 2021 - Oct 20, 2021	-13.20% Sep 7, 2000 - Oct 13, 2000
#13	-14.35% Nov 18, 1999 - Dec 28, 1999	-12.32% Feb 16, 2000 - Mar 7, 2000
#14	-12.62% Feb 19, 2014 - May 12, 2014	-11.68% Nov 30, 2004 - Jan 31, 2005
#15	-10.88% Mar 27, 2013 - Oct 1, 2013	-11.45% Nov 1, 1999 - Nov 11, 1999

Correlation

Correlation between CNMD and HLX is -0.46 which considered as a weak negative correlation - the stocks show a slight tendency to move in opposite directions.

-0.46

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