Teleflex Inc Financials
This page shows Teleflex Inc (TFX) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 17 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Financial Health Signals
Based on FY2024 annual data. Scores normalized against common benchmarks. How we calculate these scores
Teleflex Inc has an operating margin of 5.0%, meaning the company retains $5 of operating profit per $100 of revenue. This below-average margin results in a low score of 25/100, suggesting thin profitability after operating expenses. This is down from 17.0% the prior year.
Teleflex Inc's revenue grew a modest 2.4% year-over-year to $3.0B. This slow but positive growth earns a score of 36/100.
Teleflex Inc carries a low D/E ratio of 0.36, meaning only $0.36 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 98/100, indicating a strong balance sheet with room for future borrowing.
With a current ratio of 2.27, Teleflex Inc holds $2.27 in current assets for every $1 of short-term obligations. This comfortable liquidity earns a score of 71/100.
Teleflex Inc converts 16.8% of revenue into free cash flow ($511.8M). This strong cash generation earns a score of 84/100.
Teleflex Inc generates a 1.6% ROE, indicating limited profit relative to shareholders' investment. This results in a returns score of 7/100. This is down from 8.0% the prior year.
Teleflex Inc scores 2.50, placing it in the grey zone between 1.81 and 2.99. This signals moderate financial risk that warrants monitoring.
Teleflex Inc passes 6 of 9 financial strength tests. 3 of 4 profitability signals pass, 1 of 2 leverage/liquidity signals pass, both operating efficiency signals pass.
For every $1 of reported earnings, Teleflex Inc generates $9.16 in operating cash flow ($638.3M OCF vs $69.7M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.
Teleflex Inc earns $1.8 in operating income for every $1 of interest expense ($151.0M vs $83.5M). This narrow margin raises concern about the company's ability to service its debt if operating income declines.
Key Financial Metrics
Teleflex Inc generated $3.0B in revenue in fiscal year 2024. This represents an increase of 2.4% from the prior year.
Teleflex Inc's EBITDA was $425.6M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 43.1% from the prior year.
Teleflex Inc generated $511.8M in free cash flow in fiscal year 2024, representing cash available after capex. This represents an increase of 21.8% from the prior year.
Teleflex Inc reported $69.7M in net income in fiscal year 2024. This represents a decrease of 80.4% from the prior year.
Teleflex Inc earned $1.48 per diluted share (EPS) in fiscal year 2024. This represents a decrease of 80.3% from the prior year.
Teleflex Inc held $290.2M in cash against $1.6B in long-term debt as of fiscal year 2024.
Teleflex Inc paid $1.36 per share in dividends in fiscal year 2024. This represents an increase of 0.0% from the prior year.
Teleflex Inc's gross margin was 55.9% in fiscal year 2024, indicating the percentage of revenue retained after direct costs. This is up 0.5 percentage points from the prior year.
Teleflex Inc's operating margin was 5.0% in fiscal year 2024, reflecting core business profitability. This is down 12.1 percentage points from the prior year.
Teleflex Inc's net profit margin was 2.3% in fiscal year 2024, showing the share of revenue converted to profit. This is down 9.7 percentage points from the prior year.
Teleflex Inc's ROE was 1.6% in fiscal year 2024, measuring profit generated per dollar of shareholder equity. This is down 6.4 percentage points from the prior year.
Teleflex Inc invested $161.7M in research and development in fiscal year 2024. This represents an increase of 4.7% from the prior year.
Teleflex Inc spent $200.0M on share buybacks in fiscal year 2024, returning capital to shareholders by reducing shares outstanding.
Teleflex Inc invested $126.4M in capex in fiscal year 2024, funding long-term assets and infrastructure. This represents an increase of 38.3% from the prior year.
TFX Income Statement
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $913.0M+16.9% | $780.9M+11.4% | $700.7M-11.9% | $795.4M+2.8% | $773.9M+3.7% | $746.4M+0.4% | $743.3M+4.5% | $710.9M |
| Cost of Revenue | $461.4M+31.9% | $349.8M+12.4% | $311.2M-12.5% | $355.5M+3.8% | $342.5M+3.8% | $330.1M-1.6% | $335.4M+5.0% | $319.6M |
| Gross Profit | $451.6M+4.8% | $431.1M+10.7% | $389.4M-11.5% | $439.9M+2.0% | $431.4M+3.6% | $416.3M+2.1% | $407.8M+4.2% | $391.4M |
| R&D Expenses | $57.2M+48.6% | $38.5M+5.8% | $36.4M-18.3% | $44.6M+24.2% | $35.9M-4.6% | $37.6M-4.7% | $39.4M-4.9% | $41.5M |
| SG&A Expenses | $281.8M+31.0% | $215.1M-3.4% | $222.7M-12.5% | $254.6M-2.3% | $260.7M+22.3% | $213.2M-4.5% | $223.3M-4.0% | $232.7M |
| Operating Income | -$408.9M-363.3% | $155.3M+23.7% | $125.6M+213.8% | -$110.4M-233.8% | $82.5M-50.1% | $165.3M+15.1% | $143.6M+24.9% | $115.0M |
| Interest Expense | $31.8M+46.7% | $21.7M+17.1% | $18.5M-0.5% | $18.6M-27.7% | $25.8M+11.2% | $23.2M+30.6% | $17.8M-3.1% | $18.3M |
| Income Tax | -$29.7M-334.6% | $12.7M-8.5% | $13.8M+39.8% | $9.9M-65.6% | $28.8M+141.2% | $11.9M-23.2% | $15.5M-23.0% | $20.2M |
| Net Income | -$408.9M-433.6% | $122.6M+29.0% | $95.0M+169.5% | -$136.7M-539.3% | $31.1M-77.3% | $137.1M+23.2% | $111.3M+45.1% | $76.7M |
| EPS (Diluted) | $-9.24-433.6% | $2.77+33.8% | $2.07+171.6% | $-2.89-537.9% | $0.66-77.2% | $2.90+23.4% | $2.35+45.1% | $1.62 |
TFX Balance Sheet
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $7.9B+6.7% | $7.4B+3.0% | $7.2B+0.9% | $7.1B-5.8% | $7.5B+0.5% | $7.5B+8.7% | $6.9B-0.3% | $6.9B |
| Current Assets | $2.0B+15.2% | $1.7B+12.0% | $1.5B+4.6% | $1.5B+4.5% | $1.4B-32.9% | $2.1B+45.1% | $1.4B+1.2% | $1.4B |
| Cash & Equivalents | $354.0M+39.5% | $253.7M-10.7% | $284.1M-2.1% | $290.2M+30.2% | $222.8M-74.7% | $881.5M+251.5% | $250.8M-5.0% | $264.1M |
| Inventory | $802.5M+15.7% | $693.7M+7.7% | $644.0M+7.3% | $600.1M-4.2% | $626.2M+0.2% | $625.1M-1.0% | $631.6M+2.8% | $614.1M |
| Accounts Receivable | $592.7M+15.3% | $513.8M+10.6% | $464.5M+1.1% | $459.5M+3.6% | $443.5M+4.3% | $425.2M-1.0% | $429.3M+4.7% | $410.0M |
| Goodwill | $2.5B-5.8% | $2.7B+1.6% | $2.7B+0.7% | $2.6B-9.7% | $2.9B+15.3% | $2.5B-0.7% | $2.5B-0.1% | $2.5B |
| Total Liabilities | $4.1B+29.3% | $3.1B+2.1% | $3.1B+8.8% | $2.8B-8.8% | $3.1B-2.8% | $3.2B+18.6% | $2.7B-4.5% | $2.8B |
| Current Liabilities | $773.0M+7.9% | $716.1M+6.0% | $675.9M+4.1% | $649.4M+7.0% | $606.7M+3.6% | $585.4M+5.4% | $555.4M-3.5% | $575.7M |
| Long-Term Debt | $2.6B+42.7% | $1.8B-0.3% | $1.8B+16.2% | $1.6B-9.9% | $1.7B-11.4% | $2.0B+32.6% | $1.5B-5.1% | $1.5B |
| Total Equity | $3.8B-9.9% | $4.2B+3.6% | $4.1B-4.3% | $4.3B-3.7% | $4.4B+2.9% | $4.3B+2.3% | $4.2B+2.6% | $4.1B |
| Retained Earnings | N/A | N/A | N/A | $4.1B+0.1% | $4.1B | N/A | N/A | N/A |
TFX Cash Flow Statement
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $107.8M+1273.8% | $7.8M-89.3% | $73.3M-63.8% | $202.6M+45.4% | $139.3M-30.9% | $201.7M+133.9% | $86.3M+2.3% | $84.3M |
| Capital Expenditures | $29.9M-13.5% | $34.6M+15.4% | $30.0M-6.3% | $32.0M+15.7% | $27.7M+13.4% | $24.4M+39.1% | $17.5M-19.7% | $21.8M |
| Free Cash Flow | $77.8M+390.6% | -$26.8M-161.8% | $43.3M-74.6% | $170.6M+52.8% | $111.6M-37.0% | $177.3M+158.0% | $68.7M+9.9% | $62.5M |
| Investing Cash Flow | -$767.5M-2417.6% | -$30.5M-5.9% | -$28.8M-24922.4% | $116K | N/A | -$28.5M-288.5% | -$7.3M+66.5% | -$21.9M |
| Financing Cash Flow | $756.3M+3295.6% | -$23.7M+60.2% | -$59.5M+50.0% | -$119.1M+49.8% | -$237.5M-151.4% | $462.0M+600.0% | -$92.4M+1.3% | -$93.6M |
| Dividends Paid | $15.0M0.0% | $15.0M-1.1% | $15.2M-3.4% | $15.7M-1.5% | $16.0M0.0% | $16.0M0.0% | $16.0M0.0% | $16.0M |
| Share Buybacks | $0 | $0-100.0% | $300.0M | $0 | N/A | N/A | N/A | N/A |
TFX Financial Ratios
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 49.5%-5.7pp | 55.2%-0.4pp | 55.6%+0.3pp | 55.3%-0.4pp | 55.8%-0.0pp | 55.8%+0.9pp | 54.9%-0.2pp | 55.0% |
| Operating Margin | -44.8%-64.7pp | 19.9%+2.0pp | 17.9%+31.8pp | -13.9%-24.5pp | 10.7%-11.5pp | 22.1%+2.8pp | 19.3%+3.1pp | 16.2% |
| Net Margin | -44.8%-60.5pp | 15.7%+2.1pp | 13.6%+30.7pp | -17.2%-21.2pp | 4.0%-14.4pp | 18.4%+3.4pp | 15.0%+4.2pp | 10.8% |
| Return on Equity | 2.5%-0.4pp | 2.9%+0.6pp | 2.3%-1.3pp | 3.6%+2.9pp | 0.7%-2.5pp | 3.2%+0.5pp | 2.6%+0.8pp | 1.9% |
| Return on Assets | -5.2%-6.9pp | 1.7%+0.3pp | 1.3%+3.3pp | -1.9%-2.3pp | 0.4%-1.4pp | 1.8%+0.2pp | 1.6%+0.5pp | 1.1% |
| Current Ratio | 2.57+0.2 | 2.41+0.1 | 2.28+0.0 | 2.27-0.1 | 2.32-1.3 | 3.58+1.0 | 2.60+0.1 | 2.48 |
| Debt-to-Equity | 0.67+0.2 | 0.42-0.0 | 0.44+0.1 | 0.36-0.0 | 0.39-0.1 | 0.45+0.1 | 0.35-0.0 | 0.38 |
| FCF Margin | 8.5%+12.0pp | -3.4%-9.6pp | 6.2%-15.3pp | 21.4%+7.0pp | 14.4%-9.3pp | 23.8%+14.5pp | 9.3%+0.5pp | 8.8% |
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Frequently Asked Questions
What is Teleflex Inc's annual revenue?
Teleflex Inc (TFX) reported $3.0B in total revenue for fiscal year 2024. This represents a 2.4% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Teleflex Inc's revenue growing?
Teleflex Inc (TFX) revenue grew by 2.4% year-over-year, from $3.0B to $3.0B in fiscal year 2024.
Is Teleflex Inc profitable?
Yes, Teleflex Inc (TFX) reported a net income of $69.7M in fiscal year 2024, with a net profit margin of 2.3%.
What is Teleflex Inc's earnings per share (EPS)?
Teleflex Inc (TFX) reported diluted earnings per share of $1.48 for fiscal year 2024. This represents a -80.3% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.
What is Teleflex Inc's EBITDA?
Teleflex Inc (TFX) had EBITDA of $425.6M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does Teleflex Inc have?
As of fiscal year 2024, Teleflex Inc (TFX) had $290.2M in cash and equivalents against $1.6B in long-term debt.
What is Teleflex Inc's gross margin?
Teleflex Inc (TFX) had a gross margin of 55.9% in fiscal year 2024, indicating the percentage of revenue retained after direct costs of goods sold.
What is Teleflex Inc's operating margin?
Teleflex Inc (TFX) had an operating margin of 5.0% in fiscal year 2024, reflecting the profitability of core business operations before interest and taxes.
What is Teleflex Inc's net profit margin?
Teleflex Inc (TFX) had a net profit margin of 2.3% in fiscal year 2024, representing the share of revenue converted into profit after all expenses.
Does Teleflex Inc pay dividends?
Yes, Teleflex Inc (TFX) paid $1.36 per share in dividends during fiscal year 2024.
What is Teleflex Inc's return on equity (ROE)?
Teleflex Inc (TFX) has a return on equity of 1.6% for fiscal year 2024, measuring how efficiently the company generates profit from shareholder equity.
What is Teleflex Inc's free cash flow?
Teleflex Inc (TFX) generated $511.8M in free cash flow during fiscal year 2024. This represents a 21.8% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Teleflex Inc's operating cash flow?
Teleflex Inc (TFX) generated $638.3M in operating cash flow during fiscal year 2024, representing cash generated from core business activities.
What are Teleflex Inc's total assets?
Teleflex Inc (TFX) had $7.1B in total assets as of fiscal year 2024, including both current and long-term assets.
What are Teleflex Inc's capital expenditures?
Teleflex Inc (TFX) invested $126.4M in capital expenditures during fiscal year 2024, funding long-term assets and infrastructure.
How much does Teleflex Inc spend on research and development?
Teleflex Inc (TFX) invested $161.7M in research and development during fiscal year 2024.
Does Teleflex Inc buy back shares?
Yes, Teleflex Inc (TFX) spent $200.0M on share buybacks during fiscal year 2024, returning capital to shareholders by reducing shares outstanding.
What is Teleflex Inc's current ratio?
Teleflex Inc (TFX) had a current ratio of 2.27 as of fiscal year 2024, which is generally considered healthy.
What is Teleflex Inc's debt-to-equity ratio?
Teleflex Inc (TFX) had a debt-to-equity ratio of 0.36 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Teleflex Inc's return on assets (ROA)?
Teleflex Inc (TFX) had a return on assets of 1.0% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.
What is Teleflex Inc's Altman Z-Score?
Teleflex Inc (TFX) has an Altman Z-Score of 2.50, placing it in the Grey Zone (moderate risk). The Z-Score combines five financial ratios—working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets—to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is Teleflex Inc's Piotroski F-Score?
Teleflex Inc (TFX) has a Piotroski F-Score of 6 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Teleflex Inc's earnings high quality?
Teleflex Inc (TFX) has an earnings quality ratio of 9.16x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can Teleflex Inc cover its interest payments?
Teleflex Inc (TFX) has an interest coverage ratio of 1.8x, meaning it can struggle to cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
How financially healthy is Teleflex Inc?
Teleflex Inc (TFX) scores 53 out of 100 on our Financial Profile, indicating moderate overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.