Teleflex Incorporated (TFX)
Operating profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 151,013 | 506,313 | 499,725 | 628,095 | 423,068 |
| Revenue | US$ in thousands | 3,047,320 | 2,974,490 | 2,791,040 | 2,809,560 | 2,537,160 |
| Operating profit margin | 4.96% | 17.02% | 17.90% | 22.36% | 16.67% |
December 31, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $151,013K ÷ $3,047,320K
= 4.96%
Teleflex Incorporated's operating profit margin has shown variability over the years based on the provided data. The margin was 16.67% as of December 31, 2020, and increased to 22.36% by December 31, 2021, indicating an improvement in the company's operational efficiency. However, in the following years, the operating profit margin fluctuated, reaching 17.90% by December 31, 2022, and then slightly decreasing to 17.02% by December 31, 2023.
The most significant change occurred by December 31, 2024, where the operating profit margin dropped to 4.96%, reflecting a substantial decrease in profitability compared to previous years. This sharp decline suggests a potential shift in the company's cost structure, revenue streams, or operational effectiveness.
Overall, fluctuations in the operating profit margin of Teleflex Incorporated indicate the need for a closer examination of the company's financial performance drivers to identify the factors contributing to these changes and to implement strategies to sustain or improve profitability in the future.
Peer comparison
Dec 31, 2024