NASDAQ : UFPT
UFP Technologies, Inc. — Financial statements
Healthcare · Medical Devices · United States
Last price 284.5 USD (Oct 30, 2026, 4:00 PM EDT) · Market cap 2.20B
Overview · Financial statements · Key statistics · Dividends · Company profile · Price history · Reports
Financial statements
UFP Technologies, Inc. (UFPT) reported revenue of 631.64M USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Revenue | 631.64M | 602.80M | 504.42M | 400.07M | 353.79M | 206.32M |
| Cost of Revenue | 451.64M | 432.39M | 357.73M | 287.85M | 263.53M | 155.21M |
| Gross Profit | 180.00M | 170.41M | 146.69M | 112.22M | 90.26M | 51.11M |
| Selling, General & Admin | 83.81M | 77.44M | 62.22M | 50.89M | 45.80M | 29.48M |
| Operating Expenses | 83.81M | 77.44M | 62.22M | 50.89M | 45.80M | 29.48M |
| Operating Income | 96.19M | 92.97M | 84.47M | 61.34M | 44.46M | 21.63M |
| Interest Expense | -7.77M | -9.80M | -8.06M | -3.65M | -2.76M | -39.00K |
| Earnings From Equity Investments | 11.00K | 119.00K | 89.00K | |||
| Other Non Operating Income (Expenses) | 54.00K | -140.00K | 100.00K | -117.00K | 81.00K | 26.00K |
| EBT Excluding Unusual Items | 88.48M | 83.15M | 76.60M | 57.57M | 41.78M | 21.62M |
| Merger & Restructuring Charges | -86.00K | -334.00K | -2.52M | -1.03M | -430.00K | |
| Gain (Loss) on Sale of Assets | -17.00K | -38.00K | -106.00K | -145.00K | 21.80M | 14.00K |
| Other Unusual Items | 265.00K | -261.00K | -952.00K | -3.53M | -9.84M | |
| Pretax Income | 88.64M | 82.51M | 73.03M | 53.90M | 52.72M | 21.20M |
| Income Tax Expense | 16.35M | 14.20M | 14.04M | 8.98M | 10.93M | 5.32M |
| Net Income | 72.30M | 68.31M | 58.98M | 44.92M | 41.79M | 15.89M |
| Net Income to Common | 72.30M | 68.31M | 58.98M | 44.92M | 41.79M | 15.89M |
| Shares Outstanding (Basic) | 7.72M | 7.71M | 7.67M | 7.62M | 7.56M | 7.52M |
| Shares Outstanding (Diluted) | 7.81M | 7.80M | 7.79M | 7.70M | 7.66M | 7.62M |
| EPS (Basic) | 9.36 | 8.87 | 7.69 | 5.89 | 5.52 | 2.11 |
| EPS (Diluted) | 9.25 | 8.75 | 7.58 | 5.83 | 5.45 | 2.09 |
| Free Cash Flow | 61.42M | 78.98M | 56.94M | 30.84M | 3.96M | 8.90M |
| Free Cash Flow Per Share | 7.86 | 10.12 | 7.31 | 4.00 | 0.52 | 1.17 |
| Gross Margin | 28.50% | 28.27% | 29.08% | 28.05% | 25.51% | 24.77% |
| Operating Margin | 15.23% | 15.42% | 16.75% | 15.33% | 12.57% | 10.49% |
| Profit Margin | 11.45% | 11.33% | 11.69% | 11.23% | 11.81% | 7.70% |
| Free Cash Flow Margin | 9.72% | 13.10% | 11.29% | 7.71% | 1.12% | 4.31% |
| EBITDA | 115.91M | 112.18M | 99.28M | 72.80M | 56.35M | 30.04M |
| EBITDA Margin | 18.35% | 18.61% | 19.68% | 18.20% | 15.93% | 14.56% |
| D&A For EBITDA | 19.72M | 19.21M | 14.80M | 11.47M | 11.89M | 8.41M |
| EBIT | 96.19M | 92.97M | 84.47M | 61.34M | 44.46M | 21.63M |
| EBIT Margin | 15.23% | 15.42% | 16.75% | 15.33% | 12.57% | 10.49% |
| Effective Tax Rate | 18.44% | 17.21% | 19.23% | 16.66% | 20.73% | 25.08% |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 9.04M | 20.30M | 13.45M | 5.26M | 4.45M | 11.12M |
| Cash & Short-Term Investments | 9.04M | 20.30M | 13.45M | 5.26M | 4.45M | 11.12M |
| Accounts Receivable | 113.25M | 82.91M | 84.68M | 64.45M | 55.12M | 39.38M |
| Other Receivables | 4.12M | 5.31M | 4.98M | 1.30M | ||
| Receivables | 117.37M | 88.22M | 89.66M | 65.75M | 55.12M | 39.38M |
| Inventory | 100.09M | 86.86M | 87.54M | 70.19M | 53.54M | 33.44M |
| Prepaid Expenses | 8.39M | 5.62M | 4.30M | 3.43M | 3.24M | 3.38M |
| Total Current Assets | 234.89M | 201.00M | 194.94M | 144.63M | 116.35M | 87.32M |
| Property, Plant & Equipment | 95.50M | 97.99M | 86.71M | 75.72M | 71.22M | 65.89M |
| Long-Term Investments | 6.67M | 6.93M | 6.81M | |||
| Goodwill | 196.44M | 197.40M | 189.66M | 113.26M | 113.03M | 107.91M |
| Other Intangible Assets | 135.25M | 140.85M | 144.25M | 64.12M | 68.36M | 67.58M |
| Long-Term Deferred Tax Assets | 72.00K | 607.00K | 1.45M | |||
| Other Long-Term Assets | 13.08M | 10.91M | 6.62M | 5.79M | 7.78M | 5.43M |
| Total Assets | 681.91M | 655.08M | 629.00M | 404.14M | 378.19M | 334.13M |
| Accounts Payable | 32.96M | 24.29M | 24.27M | 22.29M | 19.96M | 10.61M |
| Accrued Expenses | 23.27M | 28.80M | 30.41M | 22.09M | 23.12M | 16.78M |
| Current Portion of Long-Term Debt | 12.50M | 12.50M | 12.50M | 4.00M | 4.00M | 4.00M |
| Current Portion of Leases | 4.74M | 5.04M | 4.23M | 3.22M | 2.52M | 2.24M |
| Current Income Taxes Payable | 37.00K | 223.00K | 1.68M | 909.00K | ||
| Current Unearned Revenue | 4.80M | 4.24M | 4.67M | 6.62M | 4.68M | 4.25M |
| Total Current Liabilities | 78.30M | 74.86M | 76.30M | 58.21M | 55.96M | 38.78M |
| Long-Term Debt | 104.81M | 122.95M | 176.88M | 28.00M | 51.00M | 71.18M |
| Long-Term Leases | 14.29M | 13.99M | 12.43M | 10.81M | 10.85M | 7.12M |
| Long-Term Deferred Tax Liabilities | 13.69M | 9.21M | 3.30M | 428.00K | 448.00K | 3.26M |
| Other Long-Term Liabilities | 8.39M | 10.18M | 17.34M | 20.59M | 22.39M | 19.35M |
| Total Liabilities | 219.48M | 231.20M | 286.24M | 118.05M | 140.65M | 139.69M |
| Common Stock | 77.00K | 77.00K | 77.00K | 76.00K | 76.00K | 75.00K |
| Additional Paid-In Capital | 48.26M | 45.87M | 40.93M | 38.81M | 36.07M | 34.15M |
| Retained Earnings | 413.16M | 374.81M | 306.50M | 247.52M | 202.60M | 160.81M |
| Treasury Stock | -587.00K | -587.00K | -587.00K | -587.00K | -587.00K | -587.00K |
| Comprehensive Income & Other | 1.51M | 3.71M | -4.17M | 268.00K | -610.00K | |
| Shareholders' Equity | 462.43M | 423.88M | 342.76M | 286.09M | 237.54M | 194.45M |
| Total Liabilities & Equity | 681.91M | 655.08M | 629.00M | 404.14M | 378.19M | 334.13M |
| Total Debt | 136.34M | 154.48M | 206.03M | 46.04M | 68.37M | 84.53M |
| Net Cash (Debt) | -127.29M | -134.18M | -192.58M | -40.77M | -63.92M | -73.42M |
| Net Cash Per Share | -16.30 | -17.19 | -24.74 | -5.29 | -8.34 | -9.64 |
| Filing Date Shares Outstanding | 7.75M | 7.71M | 7.68M | 7.64M | 7.61M | 7.56M |
| Total Common Shares Outstanding | 7.75M | 7.71M | 7.68M | 7.64M | 7.58M | 7.54M |
| Working Capital | 156.59M | 126.14M | 118.65M | 86.42M | 60.38M | 48.54M |
| Book Value Per Share | 59.70 | 54.95 | 44.65 | 37.45 | 31.33 | 25.81 |
| Tangible Book Value | 130.74M | 85.62M | 8.85M | 108.71M | 56.16M | 18.96M |
| Tangible Book Value Per Share | 16.88 | 11.10 | 1.15 | 14.23 | 7.41 | 2.52 |
| Land | 5.86M | 5.90M | 5.76M | 4.85M | 4.81M | 3.19M |
| Buildings | 38.52M | 38.60M | 37.90M | 34.73M | 34.45M | 36.23M |
| Machinery | 86.97M | 84.37M | 73.56M | 64.67M | 58.63M | 79.02M |
| Construction In Progress | 8.58M | 10.94M | 6.51M | 6.84M | 7.27M | 3.54M |
| Leasehold Improvements | 14.60M | 12.64M | 11.22M | 8.23M | 5.50M | 4.86M |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | 72.30M | 68.31M | 58.98M | 44.92M | 41.79M | 15.89M |
| Depreciation & Amortization | 19.72M | 19.21M | 14.80M | 11.47M | 11.89M | 8.41M |
| Loss (Gain) From Sale of Assets | 17.00K | 38.00K | 106.00K | 145.00K | -21.80M | -14.00K |
| Loss (Gain) on Equity Investments | 187.00K | -119.00K | ||||
| Stock-Based Compensation | 10.31M | 8.85M | 6.84M | 4.64M | 3.21M | 2.43M |
| Other Operating Activities | 7.62M | 5.31M | 2.20M | 4.28M | 5.13M | -1.79M |
| Change in Accounts Receivable | -26.45M | 5.34M | 1.22M | -9.12M | -16.86M | -7.75M |
| Change in Inventory | -13.40M | 3.90M | -4.69M | -16.57M | -19.61M | -4.50M |
| Change in Accounts Payable | 9.90M | -1.09M | -1.14M | 1.55M | 9.13M | 102.00K |
| Change in Unearned Revenue | -464.00K | -1.10M | -1.95M | 1.94M | 1.01M | 2.29M |
| Change in Income Taxes | -2.49M | -548.00K | -3.40M | -2.98M | 953.00K | 893.00K |
| Change in Other Net Operating Assets | -5.66M | -16.20M | -6.37M | 1.06M | 2.91M | -1.66M |
| Operating Cash Flow | 71.58M | 91.91M | 66.59M | 41.33M | 17.74M | 14.29M |
| Capital Expenditures | -10.16M | -12.93M | -9.66M | -10.49M | -13.78M | -5.39M |
| Sale of Property, Plant & Equipment | 80.00K | 51.00K | 22.00K | 2.00K | 6.72M | 114.00K |
| Cash Acquisitions | -11.89M | -14.72M | -197.48M | -20.65M | -96.18M | |
| Divestitures | 29.01M | |||||
| Sale (Purchase) of Real Estate | -3.21M | |||||
| Investment in Securities | 52.00K | 161.00K | ||||
| Investing Cash Flow | -21.92M | -27.60M | -210.16M | -10.49M | 1.29M | -101.46M |
| Long-Term Debt Issued | 68.70M | 284.20M | 9.00M | 44.00M | 74.84M | |
| Long-Term Debt Repaid | -122.68M | -126.90M | -32.06M | -64.06M | -29.00K | |
| Net Debt Issued (Repaid) | -46.37M | -53.98M | 157.30M | -23.06M | -20.06M | 74.81M |
| Issuance of Common Stock | 208.00K | 194.00K | 233.00K | 680.00K | 390.00K | 162.00K |
| Repurchase of Common Stock | -3.94M | -4.12M | -4.95M | -2.64M | -1.68M | -923.00K |
| Other Financing Activities | -5.25M | -250.00K | -188.00K | -5.00M | -4.54M | |
| Financing Cash Flow | -55.35M | -58.16M | 152.39M | -30.02M | -25.89M | 74.05M |
| Foreign Exchange Rate Adjustments | -153.00K | 699.00K | -635.00K | -10.00K | 193.00K | |
| Net Cash Flow | -5.85M | 6.85M | 8.19M | 812.00K | -6.67M | -13.12M |
| Free Cash Flow | 61.42M | 78.98M | 56.94M | 30.84M | 3.96M | 8.90M |
| Free Cash Flow Margin | 9.72% | 13.10% | 11.29% | 7.71% | 1.12% | 4.31% |
| Free Cash Flow Per Share | 7.86 | 10.12 | 7.31 | 4.00 | 0.52 | 1.17 |
| Levered Free Cash Flow | 34.87M | 65.67M | 26.20M | 15.74M | 8.59M | 8.94M |
| Unlevered Free Cash Flow | 39.73M | 71.80M | 31.24M | 18.02M | 10.31M | 8.97M |
| Cash Interest Paid | 7.75M | 9.86M | 7.89M | 3.54M | 2.72M | 53.00K |
| Cash Income Tax Paid | 5.32M | 3.56M | 12.83M | 10.57M | 13.20M | 5.91M |
| Change in Working Capital | -38.57M | -9.70M | -16.34M | -24.13M | -22.47M | -10.62M |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 2.20B | 1.71B | 1.88B | 1.31B | 893.44M | 529.16M |
| Enterprise Value | 2.33B | 1.86B | 2.09B | 1.37B | 967.01M | 498.01M |
| Last Close Price | 284.50 | 222.03 | 244.51 | 172.04 | 117.89 | 70.26 |
| PE Ratio | 30.76 | 25.07 | 31.82 | 29.25 | 21.38 | 33.31 |
| Forward PE | 28.56 | 23.84 | 29.34 | 29.87 | 29.88 | 25.93 |
| PS Ratio | 3.49 | 2.84 | 3.72 | 3.29 | 2.52 | 2.56 |
| PB Ratio | 4.77 | 4.04 | 5.47 | 4.59 | 3.76 | 2.72 |
| P/TBV Ratio | 16.86 | 20.00 | 212.00 | 12.09 | 15.91 | 27.91 |
| P/FCF Ratio | 35.88 | 21.68 | 32.96 | 42.61 | 225.39 | 59.47 |
| P/OCF Ratio | 30.79 | 18.63 | 28.18 | 31.79 | 50.35 | 37.02 |
| PEG Ratio | 1.90 | 1.59 | 2.75 | 1.11 | 1.30 | 1.48 |
| EV/Sales Ratio | 3.69 | 3.08 | 4.14 | 3.41 | 2.73 | 2.41 |
| EV/EBITDA Ratio | 20.11 | 16.58 | 21.03 | 18.75 | 17.16 | 16.58 |
| EV/EBIT Ratio | 24.23 | 20.00 | 24.72 | 22.26 | 21.75 | 23.02 |
| EV/FCF Ratio | 37.95 | 23.55 | 36.67 | 44.27 | 243.95 | 55.97 |
| Debt / Equity Ratio | 0.29 | 0.36 | 0.60 | 0.16 | 0.29 | 0.43 |
| Debt / EBITDA Ratio | 1.11 | 1.31 | 1.99 | 0.60 | 1.15 | 2.67 |
| Debt / FCF Ratio | 2.22 | 1.96 | 3.62 | 1.49 | 17.25 | 9.50 |
| Net Debt / Equity Ratio | 0.28 | 0.32 | 0.56 | 0.14 | 0.27 | 0.38 |
| Net Debt / EBITDA Ratio | 1.10 | 1.20 | 1.94 | 0.56 | 1.13 | 2.44 |
| Net Debt / FCF Ratio | 2.07 | 1.70 | 3.38 | 1.32 | 16.12 | 8.25 |
| Asset Turnover | 0.96 | 0.94 | 0.98 | 1.02 | 0.99 | 0.77 |
| Inventory Turnover | 4.88 | 4.96 | 4.54 | 4.65 | 6.06 | 5.96 |
| Quick Ratio | 1.61 | 1.45 | 1.35 | 1.22 | 1.06 | 1.30 |
| Current Ratio | 3.00 | 2.69 | 2.56 | 2.48 | 2.08 | 2.25 |
| Return on Equity (ROE) | 17.05% | 17.82% | 18.76% | 17.16% | 19.35% | 8.56% |
| Return on Assets (ROA) | 9.13% | 9.05% | 10.22% | 9.80% | 7.80% | 5.03% |
| Return on Invested Capital (ROIC) | 13.47% | 14.08% | 15.83% | 16.27% | 12.38% | 7.66% |
| Return on Capital Employed (ROCE) | 15.90% | 16.00% | 15.30% | 17.70% | 13.80% | 7.30% |
| Earnings Yield | 3.25% | 3.99% | 3.14% | 3.42% | 4.68% | 3.00% |
| FCF Yield | 2.79% | 4.61% | 3.03% | 2.35% | 0.44% | 1.68% |
| Buyback Yield / Dilution | -0.15% | -0.24% | -1.09% | -0.50% | -0.63% | -0.62% |