Teleflex Incorporated (TFX)
Profitability ratios
Return on sales
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | |
|---|---|---|---|---|---|
| Gross profit margin | 56.63% | 55.53% | 56.17% | 53.21% | 55.80% |
| Operating profit margin | 17.41% | 18.12% | 22.77% | 16.99% | 16.92% |
| Pretax margin | 14.88% | 16.18% | 20.29% | 14.35% | 13.44% |
| Net profit margin | 12.25% | 13.17% | 17.59% | 13.47% | 18.27% |
Teleflex Incorporated's profitability ratios show fluctuations over the past five years. The gross profit margin has remained relatively stable, ranging between 52.22% and 57.47%, indicating consistent control over direct costs. The operating profit margin has generally increased, reaching 18.92% in 2023, suggesting efficient management of operating expenses.
The pretax margin has fluctuated significantly, with a high of 19.91% in 2021 and a low of 13.10% in 2019, potentially reflecting varying levels of non-operating income or expenses. The net profit margin has also shown variability, with a peak of 17.28% in 2021 and a trough of 11.98% in 2023, indicating fluctuations in net income relative to revenue.
Overall, Teleflex's profitability ratios demonstrate a mix of stable and changing trends, warranting further investigation into the factors influencing these fluctuations to assess the company's financial performance accurately.
Return on investment
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | |
|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 6.72% | 7.21% | 9.14% | 5.91% | 6.77% |
| Return on assets (ROA) | 4.73% | 5.24% | 7.06% | 4.69% | 7.31% |
| Return on total capital | 8.39% | 8.86% | 11.22% | 7.42% | 8.67% |
| Return on equity (ROE) | 8.02% | 9.03% | 12.93% | 10.05% | 15.49% |
Teleflex Incorporated's profitability ratios show some fluctuations over the past five years. The operating return on assets (Operating ROA) has ranged from 6.45% to 8.13%, indicating that the company generates operating income relatively efficiently from its assets. The Return on Assets (ROA) has shown a similar trend, fluctuating between 4.69% and 7.31%, suggesting that the company's overall profitability from its assets has varied over time.
The Return on Total Capital ratio has also exhibited variability, ranging from 7.94% to 9.97%, indicating the company's ability to generate returns from all sources of capital employed. Teleflex's Return on Equity (ROE) has shown significant fluctuations, with values ranging from 8.02% to 15.49% over the past five years, suggesting varying levels of profitability for equity investors.
Overall, while Teleflex's profitability ratios have shown some variability, the company has generally maintained positive returns on assets, capital, and equity over the years, indicating effective utilization of resources and satisfactory profitability levels for investors.