Teleflex Incorporated (TFX)

Gross profit margin

		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	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020
Gross profit (ttm)	US$ in thousands	1,704,079	1,695,581	1,681,720	1,671,685	1,646,931	1,637,580	1,593,610	1,574,391	1,529,244	1,526,910	1,542,356	1,551,308	1,549,602	1,513,424	1,454,961	1,335,777	1,324,874	1,339,586	1,385,942	1,480,494
Revenue (ttm)	US$ in thousands	3,047,324	3,025,824	3,007,838	3,001,406	2,974,489	2,958,576	2,898,975	2,860,258	2,791,041	2,794,959	2,808,422	2,817,353	2,809,563	2,758,828	2,686,878	2,540,439	2,537,156	2,506,929	2,526,947	2,612,420
Gross profit margin		55.92%	56.04%	55.91%	55.70%	55.37%	55.35%	54.97%	55.04%	54.79%	54.63%	54.92%	55.06%	55.15%	54.86%	54.15%	52.58%	52.22%	53.44%	54.85%	56.67%

December 31, 2024 calculation

Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $1,704,079K ÷ $3,047,324K
= 55.92%

Teleflex Incorporated's gross profit margin has shown relatively stable performance over the past few years. The margin decreased from 56.67% in March 2020 to 52.22% in December 2020 but has since exhibited a gradual increase, reaching 55.92% by December 2024. This indicates an improvement in the company's ability to generate profits from its core business operations.

Overall, Teleflex's gross profit margin has generally trended upward, with minor fluctuations, reflecting effective cost management and potentially enhanced pricing strategies. A rising gross profit margin suggests that the company is efficiently controlling its production costs and maintaining healthy pricing structures in the face of changing market conditions.

The sustained increase in gross profit margin over the years may indicate improved operational efficiency, economies of scale, or effective cost-saving measures implemented by the company. It is essential for investors and stakeholders to monitor this trend to assess Teleflex's ability to generate profits from its sales and manage its cost structure effectively.