Teleflex Incorporated (TFX)

Net profit margin

		Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net income	US$ in thousands	69,675	356,328	363,139	485,374	335,324
Revenue	US$ in thousands	3,047,320	2,974,490	2,791,040	2,809,560	2,537,160
Net profit margin		2.29%	11.98%	13.01%	17.28%	13.22%

December 31, 2024 calculation

Net profit margin = Net income ÷ Revenue
= $69,675K ÷ $3,047,320K
= 2.29%

The net profit margin of Teleflex Incorporated has experienced fluctuations over the period from December 31, 2020, to December 31, 2024. The company's net profit margin was 13.22% in 2020, showing a moderate level of profitability. Subsequently, in 2021, the net profit margin increased to 17.28%, indicating improved profitability for the company.

However, the net profit margin declined in 2022 to 13.01%, followed by a further decrease to 11.98% in 2023. These reductions suggest challenges or inefficiencies that may have impacted the company's profitability during these years.

The most significant decline occurred in 2024, with a net profit margin of 2.29%, which indicates a substantial decrease in profitability compared to the previous years. This sharp decline may raise concerns about the company's ability to generate profits and manage costs effectively during that period.

Overall, the trend in Teleflex Incorporated's net profit margin shows a mix of improvements and declines, highlighting potential fluctuations in the company's financial performance over the specified period. Further analysis of the underlying factors influencing these changes would be needed to gain a complete understanding of the company's profitability dynamics.