Teleflex Incorporated (TFX)

Pretax 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
Earnings before tax but after interest (EBT) (ttm)	US$ in thousands	75,478	262,210	281,264	310,722	434,012	483,456	453,047	450,059	445,919	479,780	589,785	565,513	559,468	492,752	379,205	302,801	357,732	382,466	365,358	429,239
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
Pretax margin		2.48%	8.67%	9.35%	10.35%	14.59%	16.34%	15.63%	15.73%	15.98%	17.17%	21.00%	20.07%	19.91%	17.86%	14.11%	11.92%	14.10%	15.26%	14.46%	16.43%

December 31, 2024 calculation

Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $75,478K ÷ $3,047,324K
= 2.48%

Teleflex Incorporated's pretax margin has shown variations over the past few years, ranging from a high of 21.00% in June 2022 to a low of 2.48% in December 2024. The pretax margin measures the company's ability to generate operating income as a percentage of its total revenue, before accounting for taxes.

From March 2023 to June 2024, there was a declining trend in the pretax margin, starting at 15.73% and dropping to 9.35%. This suggests potential challenges in controlling operational costs and could indicate a decrease in profitability during this period.

In contrast, there was a significant improvement in the pretax margin from December 2024 to March 2024, increasing from 2.48% to 10.35%. This could indicate a potential recovery in profitability after a period of lower margins.

Overall, Teleflex Incorporated's pretax margin fluctuated throughout the period, indicating a need for continued monitoring and analysis to understand the factors influencing the company's profitability.