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 18 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).
Teleflex’s core product economics remain intact, but cash conversion and balance-sheet leverage now dominate the operating story.
The-$905.6M net loss and$96.7M of operating cash flow point in opposite directions, implying FY2025 earnings were hit heavily by noncash items rather than by a collapse in cash collection. But because that operating cash roughly matched capital spending, free cash flow effectively vanished, so the reported loss overstates the immediate cash damage while still revealing much weaker financing flexibility.
Short-term obligations do not look strained: current coverage stayed at 2.5x while cash rose to
Gross margin of
Financial Health Signals
Scored against operating companies for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of Teleflex Inc's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
Teleflex Inc has an operating margin of 5.9%, meaning the company retains $6 of operating profit per $100 of revenue. This results in a moderate score of 61/100, indicating healthy but not exceptional operating efficiency. This is down from 6.1% the prior year.
Teleflex Inc's revenue surged 17.2% year-over-year to $2.0B, reflecting rapid business expansion. This strong growth earns a score of 60/100.
Teleflex Inc has elevated debt relative to equity (D/E of 0.81), meaning the company relies heavily on borrowed funds. This high leverage results in a low score of 7/100, reflecting increased financial risk.
With a current ratio of 2.54, Teleflex Inc holds $2.54 in current assets for every $1 of short-term obligations. This comfortable liquidity earns a score of 70/100.
While Teleflex Inc generated $96.7M in operating cash flow, capex of $95.2M consumed most of it, leaving $1.4M in free cash flow. This results in a low score of 51/100, reflecting heavy capital investment rather than weak cash generation.
Teleflex Inc's ROE of -29.0% shows moderate profitability relative to equity, earning a score of 43/100. This is down from 1.6% the prior year.
Teleflex Inc scores 2.11, placing it in the grey zone between 1.81 and 2.99. This signals moderate financial risk that warrants monitoring.
Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.
Teleflex Inc passes 4 of 8 computable financial strength tests (1 of the nine could not be computed from available data). 2 of 4 profitability signals pass, 1 of 2 leverage/liquidity signals pass, 1 of 2 efficiency signals pass.
For every $1 of reported earnings, Teleflex Inc generates $-0.11 in operating cash flow ($96.7M OCF vs -$905.6M net income). This mixed ratio suggests some earnings may rely on non-cash accounting items.
Teleflex Inc earns $1.2 in operating income for every $1 of interest expense ($118.4M vs $100.2M). This narrow margin raises concern about the company's ability to service its debt if operating income declines.
Key Financial Metrics
Earnings & Revenue
Teleflex Inc generated $2.0B in revenue in fiscal year 2025. This represents an increase of 17.2% from the prior year.
Teleflex Inc's EBITDA was $296.1M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 11.7% from the prior year.
Teleflex Inc reported -$905.6M in net income in fiscal year 2025. This represents a decrease of 1390.8% from the prior year.
Teleflex Inc earned $-20.25 per diluted share (EPS) in fiscal year 2025. This represents a decrease of 1468.2% from the prior year.
Cash & Balance Sheet
Teleflex Inc generated $1.4M in free cash flow in fiscal year 2025, representing cash available after capex. This represents a decrease of 99.3% from the prior year.
Teleflex Inc held $378.6M in cash against $2.5B in long-term debt as of fiscal year 2025.
Teleflex Inc paid $1.36 per share in dividends in fiscal year 2025. This represents an increase of 0.0% from the prior year.
Margins & Returns
Teleflex Inc's gross margin was 56.2% in fiscal year 2025, indicating the percentage of revenue retained after direct costs. This is down 4.8 percentage points from the prior year.
Teleflex Inc's operating margin was 5.9% in fiscal year 2025, reflecting core business profitability. This is down 0.2 percentage points from the prior year.
Teleflex Inc's net profit margin was -45.5% in fiscal year 2025, showing the share of revenue converted to profit. This is down 49.6 percentage points from the prior year.
Teleflex Inc's ROE was -29.0% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is down 30.6 percentage points from the prior year.
Capital Allocation
Teleflex Inc invested $144.8M in research and development in fiscal year 2025. This represents an increase of 32.8% from the prior year.
Teleflex Inc spent $300.0M on share buybacks in fiscal year 2025, returning capital to shareholders by reducing shares outstanding. This represents an increase of 50.0% from the prior year.
Teleflex Inc invested $95.2M in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents an increase of 5.3% from the prior year.
TFX Income Statement
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $548.3M-3.6% | $569.0M+0.4% | $566.9M+28.1% | $442.5M+6.8% | $414.3M-6.3% | $442.0M+3.7% | $426.2M+1.8% | $418.5M |
| Cost of Revenue | $240.8M | N/A | $461.4M+31.9% | $349.8M+120.2% | $158.8M | N/A | $334.2M+0.3% | $333.2M |
| Gross Profit | $307.4M0.0% | $307.4M+5.3% | $292.0M+9.9% | $265.8M+4.1% | $255.4M-5.0% | $268.8M+3.3% | $260.3M+3.4% | $251.7M |
| R&D Expenses | $44.4M | N/A | $57.2M+48.6% | $38.5M+52.3% | $25.3M | N/A | $38.7M-5.8% | $41.1M |
| SG&A Expenses | $226.0M | N/A | $281.8M+31.0% | $215.1M+40.7% | $152.9M | N/A | $247.3M-1.3% | $250.6M |
| Operating Income | $20.2M+45.5% | $13.9M+122.2% | -$62.4M-168.5% | $91.1M+20.2% | $75.8M+44.7% | $52.4M-27.2% | $72.0M+40.9% | $51.1M |
| Interest Expense | $25.7M | N/A | $31.8M+46.7% | $21.7M+17.1% | $18.5M | N/A | $21.1M-0.5% | $21.2M |
| Income Tax | $1.0M | N/A | -$29.7M-334.6% | $12.7M+97.3% | $6.4M | N/A | $19.6M+13.3% | $17.3M |
| Net Income | -$8.2M+98.9% | -$714.3M-74.7% | -$408.9M-433.6% | $122.6M+29.0% | $95.0M+169.5% | -$136.7M-223.1% | $111.0M+38.7% | $80.0M |
| EPS (Diluted) | $-0.18+98.9% | $-16.15-74.8% | $-9.24-433.6% | $2.77+33.8% | $2.07+170.6% | $-2.93-224.2% | $2.36+39.6% | $1.69 |
TFX Balance Sheet
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $6.8B-2.4% | $6.9B-11.7% | $7.9B+6.7% | $7.4B+3.0% | $7.2B+0.9% | $7.1B-5.2% | $7.5B+0.6% | $7.4B |
| Current Assets | $1.9B-4.1% | $1.9B-2.4% | $2.0B+15.2% | $1.7B+12.0% | $1.5B+4.6% | $1.5B-1.9% | $1.5B+4.3% | $1.4B |
| Cash & Equivalents | $309.4M-18.3% | $378.6M+6.9% | $354.0M+39.5% | $253.7M-10.7% | $284.1M+14.6% | $247.9M+1.9% | $243.2M+2.0% | $238.6M |
| Inventory | $380.9M-5.8% | $404.4M-49.6% | $802.5M+15.7% | $693.7M+7.7% | $644.0M+109.9% | $306.8M-52.1% | $639.9M+0.5% | $636.9M |
| Accounts Receivable | $365.5M+5.8% | $345.6M-41.7% | $592.7M+15.3% | $513.8M+10.6% | $464.5M+104.9% | $226.7M-51.8% | $470.3M+4.8% | $448.9M |
| Goodwill | $2.3B-0.3% | $2.3B-9.2% | $2.5B-5.8% | $2.7B+1.6% | $2.7B+33.1% | $2.0B-31.7% | $2.9B+0.9% | $2.9B |
| Total Liabilities | $3.7B-3.2% | $3.8B-5.6% | $4.1B+29.3% | $3.1B+2.1% | $3.1B+8.8% | $2.8B-6.2% | $3.0B+4.2% | $2.9B |
| Current Liabilities | $728.0M-4.5% | $762.0M-1.4% | $773.0M+7.9% | $716.1M+6.0% | $675.9M+4.1% | $649.4M+4.9% | $618.8M+11.1% | $556.8M |
| Long-Term Debt | $2.5B-1.1% | $2.5B-1.2% | $2.6B+42.7% | $1.8B-0.3% | $1.8B+16.2% | $1.6B-6.4% | $1.7B+2.3% | $1.6B |
| Total Equity | $3.1B-1.3% | $3.1B-18.2% | $3.8B-9.9% | $4.2B+3.6% | $4.1B-4.3% | $4.3B-4.5% | $4.5B-1.7% | $4.6B |
| Retained Earnings | N/A | $3.1B | N/A | N/A | N/A | $4.1B | N/A | N/A |
TFX Cash Flow Statement
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $46.7M+150.6% | -$92.3M-185.6% | $107.8M+101.6% | $53.5M+92.8% | $27.7M+120.7% | -$133.7M-157.9% | $231.1M+152.0% | $91.7M |
| Capital Expenditures | $18.8M+2786.5% | $651K-97.8% | $29.9M-26.1% | $40.5M+67.9% | $24.1M+707.1% | -$4.0M-118.8% | $21.2M-39.1% | $34.8M |
| Free Cash Flow | $27.9M+130.0% | -$92.9M-219.4% | $77.8M+500.8% | $13.0M+260.7% | $3.6M+102.6% | -$137.7M-165.6% | $209.9M+269.0% | $56.9M |
| Investing Cash Flow | N/A | N/A | -$767.5M-2417.6% | -$30.5M-5.9% | -$28.8M | N/A | -$21.2M+29.8% | -$30.2M |
| Financing Cash Flow | -$45.0M+27.0% | -$61.6M-108.1% | $756.3M+3295.6% | -$23.7M+60.2% | -$59.5M+50.0% | -$119.1M+31.9% | -$174.8M-209.2% | -$56.5M |
| Dividends Paid | $15.1M+0.2% | $15.0M0.0% | $15.0M0.0% | $15.0M-1.1% | $15.2M-3.4% | $15.7M-0.4% | $15.8M-1.4% | $16.0M |
| Share Buybacks | $0 | $0 | $0 | $0-100.0% | $300.0M | $0-100.0% | $200.0M | $0 |
TFX Financial Ratios
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 56.1%+2.0pp | 54.0%+2.5pp | 51.5%-8.6pp | 60.1%-1.6pp | 61.7%+0.9pp | 60.8%-0.3pp | 61.1%+0.9pp | 60.1% |
| Operating Margin | 3.7%+1.2pp | 2.4%+13.5pp | -11.0%-31.6pp | 20.6%+2.3pp | 18.3%+6.4pp | 11.9%-5.0pp | 16.9%+4.7pp | 12.2% |
| Net Margin | -1.5%+124.1pp | -125.5%-53.4pp | -72.1%-99.8pp | 27.7%+4.8pp | 22.9%+53.8pp | -30.9%-57.0pp | 26.1%+6.9pp | 19.1% |
| Return on Equity | -0.3%+22.6pp | -22.9%-12.2pp | -10.7%-13.6pp | 2.9%+0.6pp | 2.3%+5.5pp | -3.2%-5.7pp | 2.5%+0.7pp | 1.8% |
| Return on Assets | -0.1%+10.2pp | -10.3%-5.1pp | -5.2%-6.9pp | 1.7%+0.3pp | 1.3%+3.3pp | -1.9%-3.4pp | 1.5%+0.4pp | 1.1% |
| Current Ratio | 2.55+0.0 | 2.54-0.0 | 2.57+0.2 | 2.41+0.1 | 2.28+0.0 | 2.27-0.2 | 2.42-0.2 | 2.58 |
| Debt-to-Equity | 0.820.0 | 0.81+0.1 | 0.67+0.2 | 0.42-0.0 | 0.44+0.1 | 0.360.0 | 0.37+0.0 | 0.36 |
| FCF Margin | 5.1%+21.4pp | -16.3%-30.1pp | 13.7%+10.8pp | 2.9%+2.1pp | 0.9%+32.0pp | -31.2%-80.4pp | 49.3%+35.7pp | 13.6% |
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Frequently Asked Questions
What is Teleflex Inc's annual revenue?
Teleflex Inc (TFX) reported $2.0B in total revenue for fiscal year 2025. This represents a 17.2% 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 17.2% year-over-year, from $1.7B to $2.0B in fiscal year 2025.
Is Teleflex Inc profitable?
No, Teleflex Inc (TFX) reported a net income of -$905.6M in fiscal year 2025, with a net profit margin of -45.5%.
What is Teleflex Inc's EBITDA?
Teleflex Inc (TFX) had EBITDA of $296.1M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does Teleflex Inc have?
As of fiscal year 2025, Teleflex Inc (TFX) had $378.6M in cash and equivalents against $2.5B in long-term debt.
What is Teleflex Inc's gross margin?
Teleflex Inc (TFX) had a gross margin of 56.2% in fiscal year 2025, 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 5.9% in fiscal year 2025, 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 -45.5% in fiscal year 2025, 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 2025.
What is Teleflex Inc's return on equity (ROE)?
Teleflex Inc (TFX) has a return on equity of -29.0% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Teleflex Inc's free cash flow?
Teleflex Inc (TFX) generated $1.4M in free cash flow during fiscal year 2025. This represents a -99.3% 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 $96.7M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are Teleflex Inc's total assets?
Teleflex Inc (TFX) had $6.9B in total assets as of fiscal year 2025, including both current and long-term assets.
What are Teleflex Inc's capital expenditures?
Teleflex Inc (TFX) invested $95.2M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
How much does Teleflex Inc spend on research and development?
Teleflex Inc (TFX) invested $144.8M in research and development during fiscal year 2025.
What is Teleflex Inc's current ratio?
Teleflex Inc (TFX) had a current ratio of 2.54 as of fiscal year 2025, which is generally considered healthy.
What is Teleflex Inc's debt-to-equity ratio?
Teleflex Inc (TFX) had a debt-to-equity ratio of 0.81 as of fiscal year 2025, 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 -13.0% for fiscal year 2025, 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 2.11, 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 4 out of 8 computable signals; 1 of the nine could not be computed from available data, so the full-scale strength rating is not shown. 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 to 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 -0.11x, considered mixed 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 1.2x, 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 49 out of 100 on our Financial Health Score, indicating moderate standing within its operating companies peer group. The score is a 0-100 composite of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.