Teleflex Incorporated (TFX)

Net 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
Net income (ttm)	US$ in thousands	356,328	403,812	368,567	362,746	363,139	412,629	509,915	487,649	485,374	433,426	350,832	279,040	335,324	367,458	479,800	551,719	461,466	443,791	271,386	185,515
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
Net profit margin		12.24%	13.94%	12.95%	12.89%	13.25%	15.47%	19.01%	18.24%	18.26%	16.02%	13.35%	11.18%	13.44%	14.91%	19.33%	21.53%	18.21%	17.79%	11.09%	7.65%

December 31, 2023 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $356,328K ÷ $2,911,099K
= 12.24%

The net profit margin of Teleflex Incorporated has displayed some fluctuations over the past eight quarters. In Q4 2023, the net profit margin was 11.98%, representing a decrease from the previous quarter. This decline followed a trend of decreasing net profit margins over the last four quarters, with Q3 2023 recording 13.65%, Q2 2023 at 12.71%, and Q1 2023 at 12.68%.

Comparing the current net profit margin to the same period in the prior year, Q4 2022 saw a slightly higher net profit margin of 13.01%. However, the net profit margin has experienced a downward trend compared to the quarters prior to Q4 2022, where Q3 2022 had a net profit margin of 14.76% and Q2 2022 recorded 18.16%.

Overall, the net profit margin of Teleflex Incorporated has shown a general decreasing trend in recent quarters, indicating potential challenges in maintaining profitability. Further analysis of the company's financial performance and strategies may be necessary to address these trends and improve profitability in the future.