Teleflex Incorporated (TFX)

Gross profit margin

		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	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019
Gross profit (ttm)	US$ in thousands	1,646,931	1,637,580	1,595,224	1,576,234	1,531,087	1,528,753	1,542,585	1,551,308	1,549,602	1,513,424	1,454,961	1,335,777	1,324,874	1,319,042	1,344,793	1,418,659	1,409,005	1,397,104	1,384,602	1,377,142
Revenue (ttm)	US$ in thousands	2,911,099	2,896,815	2,847,031	2,814,657	2,739,870	2,666,841	2,681,690	2,672,883	2,658,512	2,705,531	2,628,918	2,495,954	2,494,257	2,464,030	2,481,625	2,562,494	2,533,648	2,494,311	2,447,888	2,425,533
Gross profit margin		56.57%	56.53%	56.03%	56.00%	55.88%	57.32%	57.52%	58.04%	58.29%	55.94%	55.34%	53.52%	53.12%	53.53%	54.19%	55.36%	55.61%	56.01%	56.56%	56.78%

December 31, 2023 calculation

Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $1,646,931K ÷ $2,911,099K
= 56.57%

Teleflex Incorporated has shown a stable and consistently strong gross profit margin over the past eight quarters, ranging from 54.70% to 55.37%. This indicates that the company is effectively managing its production costs and generating a healthy margin on its products. The slight fluctuations in the gross profit margin suggest that Teleflex has been able to maintain profitability despite potential challenges in the market. Overall, the trend of the gross profit margin for Teleflex demonstrates financial stability and efficiency in its operations.