Teleflex Incorporated (TFX)

Operating 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
Operating income (ttm) US$ in thousands 301,066 493,917 482,276 499,704 478,673 482,866 471,151 462,335 450,897 519,302 634,322 628,197 628,095 568,109 459,226 369,416 423,068 454,920 440,449 509,097
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
Operating profit margin 9.88% 16.32% 16.03% 16.65% 16.09% 16.32% 16.25% 16.16% 16.16% 18.58% 22.59% 22.30% 22.36% 20.59% 17.09% 14.54% 16.67% 18.15% 17.43% 19.49%

December 31, 2024 calculation

Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $301,066K ÷ $3,047,324K
= 9.88%

Teleflex Incorporated's operating profit margin has shown fluctuations over the period from March 31, 2020, to December 31, 2024. The margin started at 19.49% in March 2020 and experienced some variability but generally remained above 15% until September 2021. Particularly noteworthy is the increase in the operating profit margin from September 2021 to June 2022, where it surged from 20.59% to 22.59%.

However, there was a decline in the operating profit margin in the second half of 2022, dropping to 16.16% by December 31, 2022. This trend continued into the first half of 2023, with the margin hovering around 16%. Notably, there was a sudden decrease in the operating profit margin to 9.88% by December 31, 2024, marking a significant drop.

Overall, while the operating profit margin of Teleflex Incorporated has shown some fluctuations, with periods of growth and decline, it is essential for the company to closely monitor and manage its operational efficiency to sustain and improve profitability in the future.