Teleflex Incorporated (TFX)
Pretax margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | 75,478 | 434,012 | 445,919 | 559,468 | 357,732 |
| Revenue | US$ in thousands | 3,047,320 | 2,974,490 | 2,791,040 | 2,809,560 | 2,537,160 |
| Pretax margin | 2.48% | 14.59% | 15.98% | 19.91% | 14.10% |
December 31, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $75,478K ÷ $3,047,320K
= 2.48%
The pretax margin of Teleflex Incorporated has shown fluctuations over the past five years. In 2021, the company experienced a significant increase in pretax margin to 19.91%, indicating improved profitability before taxes. However, in 2022 and 2023, the pretax margin slightly decreased to 15.98% and 14.59% respectively, potentially due to changes in operating costs or revenue streams.
The most notable change occurred in 2024, where the pretax margin drastically dropped to 2.48%. This sharp decline may suggest challenges in controlling costs, declining revenue, or other operational inefficiencies. It is essential for Teleflex to closely monitor its expenses and revenue generation strategies to sustain and enhance profitability levels in the upcoming periods.
Peer comparison
Dec 31, 2024