NYSE : TFX
Teleflex Incorporated — Financial statements
Healthcare · Medical Instruments & Supplies · United States
Last price 139.77 USD (Oct 30, 2026, 4:00 PM EDT) · Market cap 5.92B
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Financial statements
Teleflex Incorporated (TFX) reported revenue of 2.25B 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 | 2.25B | 1.99B | 1.70B | 1.71B | 2.79B | 2.81B |
| Cost of Revenue | 1.01B | 869.26M | 662.16M | 672.33M | 1.26B | 1.26B |
| Gross Profit | 1.24B | 1.12B | 1.04B | 1.04B | 1.53B | 1.55B |
| Selling, General & Admin | 861.81M | 687.22M | 797.23M | 695.23M | 861.40M | 851.61M |
| Research & Development | 182.51M | 144.78M | 109.02M | 113.63M | 153.82M | 130.84M |
| Operating Expenses | 1.04B | 832.00M | 906.25M | 808.85M | 1.02B | 982.45M |
| Operating Income | 198.11M | 291.45M | 131.14M | 231.26M | 515.87M | 567.15M |
| Interest Expense | -113.65M | -100.22M | -83.51M | -85.01M | -54.26M | -56.97M |
| Interest & Investment Income | 6.81M | 6.40M | 6.15M | 11.68M | 912.00K | 1.33M |
| EBT Excluding Unusual Items | 91.27M | 197.63M | 53.78M | 157.92M | 462.52M | 511.51M |
| Merger & Restructuring Charges | -80.33M | -48.51M | -9.63M | -4.22M | -20.30M | -21.74M |
| Gain (Loss) on Sale of Assets | 4.45M | 6.50M | 91.16M | |||
| Asset Writedown | -100.00M | -108.12M | -7.83M | |||
| Other Unusual Items | 513.00K | -16.45M | -10.03M | 27.24M | -2.80M | -21.46M |
| Pretax Income | -63.55M | 24.55M | 26.29M | 185.39M | 445.92M | 559.47M |
| Income Tax Expense | -38.50M | -33.98M | -30.90M | 41.87M | 83.00M | 74.35M |
| Earnings From Continuing Operations | -25.05M | 58.53M | 57.19M | 143.52M | 362.92M | 485.12M |
| Earnings From Discontinued Operations | -1.01B | -964.17M | 12.48M | 212.81M | 223.00K | 255.00K |
| Net Income to Company | -1.03B | -905.64M | 69.67M | 356.33M | 363.14M | 485.37M |
| Net Income | -1.03B | -905.64M | 69.67M | 356.33M | 363.14M | 485.37M |
| Net Income to Common | -1.03B | -905.64M | 69.67M | 356.33M | 363.14M | 485.37M |
| Shares Outstanding (Basic) | 44.07M | 44.62M | 46.84M | 46.98M | 46.90M | 46.77M |
| Shares Outstanding (Diluted) | 44.07M | 44.72M | 47.09M | 47.30M | 47.31M | 47.43M |
| EPS (Basic) | -23.41 | -20.30 | 1.49 | 7.58 | 7.74 | 10.38 |
| EPS (Diluted) | -23.41 | -20.25 | 1.48 | 7.53 | 7.67 | 10.24 |
| Free Cash Flow | 327.06M | 245.44M | 545.30M | 464.22M | 264.42M | 579.80M |
| Free Cash Flow Per Share | 7.42 | 5.49 | 11.58 | 9.81 | 5.59 | 12.22 |
| Dividend Per Share | 1.36 | 1.36 | 1.36 | 1.36 | 1.36 | 1.36 |
| Gross Margin | 55.11% | 56.38% | 61.04% | 60.74% | 54.86% | 55.15% |
| Operating Margin | 8.79% | 14.63% | 7.72% | 13.51% | 18.48% | 20.19% |
| Profit Margin | -45.76% | -45.45% | 4.10% | 20.81% | 13.01% | 17.28% |
| Free Cash Flow Margin | 14.51% | 12.32% | 32.09% | 27.11% | 9.47% | 20.64% |
| EBITDA | 403.90M | 469.19M | 292.68M | 379.36M | 746.46M | 804.51M |
| EBITDA Margin | 17.91% | 23.54% | 17.22% | 22.15% | 26.75% | 28.63% |
| D&A For EBITDA | 205.79M | 177.74M | 161.53M | 148.10M | 230.59M | 237.36M |
| EBIT | 198.11M | 291.45M | 131.14M | 231.26M | 515.87M | 567.15M |
| EBIT Margin | 8.79% | 14.63% | 7.72% | 13.51% | 18.48% | 20.19% |
| Effective Tax Rate | 22.59% | 18.61% | 13.29% |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 300.16M | 378.56M | 247.85M | 222.85M | 292.03M | 445.08M |
| Trading Asset Securities | 23.78M | 26.26M | 15.97M | 16.88M | 48.50M | 21.72M |
| Cash & Short-Term Investments | 323.94M | 404.82M | 263.82M | 239.73M | 340.54M | 466.80M |
| Receivables | 364.61M | 345.58M | 226.73M | 443.47M | 408.83M | 383.57M |
| Inventory | 351.91M | 404.39M | 306.77M | 626.22M | 578.51M | 477.64M |
| Prepaid Expenses | 143.58M | 125.44M | 68.54M | 95.43M | 79.91M | 99.09M |
| Restricted Cash | 14.70M | 14.70M | 14.70M | |||
| Other Current Assets | 677.14M | 643.39M | 590.56M | 2.57M | 3.19M | 2.01M |
| Total Current Assets | 1.88B | 1.94B | 1.47B | 1.41B | 1.41B | 1.43B |
| Property, Plant & Equipment | 552.79M | 590.10M | 404.18M | 603.43M | 578.42M | 573.41M |
| Long-Term Investments | 2.92M | 1.78M | 5.41M | 11.91M | 9.56M | |
| Goodwill | 2.29B | 2.31B | 1.99B | 2.91B | 2.54B | 2.50B |
| Other Intangible Assets | 1.45B | 1.52B | 1.35B | 2.50B | 2.31B | 2.29B |
| Long-Term Deferred Tax Assets | 12.64M | 12.59M | 9.29M | 6.75M | 6.40M | 6.82M |
| Other Long-Term Assets | 601.44M | 575.23M | 1.87B | 98.94M | 77.45M | 59.54M |
| Total Assets | 6.79B | 6.95B | 7.10B | 7.53B | 6.93B | 6.87B |
| Accounts Payable | 143.29M | 130.20M | 97.86M | 132.25M | 126.81M | 118.24M |
| Accrued Expenses | 247.24M | 246.72M | 213.71M | 295.70M | 276.07M | 310.11M |
| Current Portion of Long-Term Debt | 103.05M | 100.00M | 100.00M | 87.50M | 87.50M | 110.00M |
| Current Portion of Leases | 20.63M | 14.61M | 19.50M | 19.46M | 22.13M | |
| Current Income Taxes Payable | 17.79M | 18.79M | 41.16M | 41.45M | 24.74M | 83.94M |
| Other Current Liabilities | 209.00M | 245.69M | 182.02M | 30.35M | 46.92M | 35.70M |
| Total Current Liabilities | 720.38M | 762.03M | 649.36M | 606.75M | 581.49M | 680.12M |
| Long-Term Debt | 2.77B | 2.62B | 1.56B | 1.76B | 1.62B | 1.74B |
| Long-Term Leases | 64.54M | 84.21M | 87.96M | 111.30M | 120.44M | 116.03M |
| Pension & Post-Retirement Benefits | 23.99M | 31.39M | 45.19M | |||
| Long-Term Deferred Tax Liabilities | 146.14M | 183.75M | 295.45M | 456.08M | 388.89M | 370.12M |
| Other Long-Term Liabilities | 182.20M | 174.90M | 231.13M | 133.78M | 159.86M | 165.41M |
| Total Liabilities | 3.88B | 3.82B | 2.82B | 3.09B | 2.91B | 3.12B |
| Common Stock | 48.20M | 48.20M | 48.10M | 48.05M | 47.96M | 47.93M |
| Additional Paid-In Capital | 808.74M | 815.81M | 781.18M | 749.71M | 715.12M | 693.09M |
| Retained Earnings | 3.21B | 3.15B | 4.12B | 4.11B | 3.82B | 3.52B |
| Treasury Stock | -886.76M | -649.53M | -350.34M | -152.10M | -154.89M | -157.27M |
| Comprehensive Income & Other | -276.98M | -239.47M | -316.67M | -314.40M | -403.52M | -346.96M |
| Total Common Equity | 2.90B | 3.12B | 4.28B | 4.44B | 4.02B | 3.75B |
| Shareholders' Equity | 2.90B | 3.12B | 4.28B | 4.44B | 4.02B | 3.75B |
| Total Liabilities & Equity | 6.79B | 6.95B | 7.10B | 7.53B | 6.93B | 6.87B |
| Total Debt | 2.94B | 2.82B | 1.76B | 1.98B | 1.85B | 1.99B |
| Net Cash (Debt) | -2.61B | -2.42B | -1.49B | -1.74B | -1.51B | -1.52B |
| Net Cash Per Share | -59.29 | -54.06 | -31.74 | -36.75 | -31.94 | -32.08 |
| Filing Date Shares Outstanding | 42.37M | 44.20M | 46.37M | 47.06M | 46.94M | 46.87M |
| Total Common Shares Outstanding | 42.37M | 44.20M | 46.27M | 47.04M | 46.92M | 46.86M |
| Working Capital | 1.16B | 1.18B | 821.76M | 800.66M | 829.49M | 749.00M |
| Book Value Per Share | 68.55 | 70.70 | 92.45 | 94.41 | 85.71 | 80.13 |
| Tangible Book Value | -836.57M | -704.43M | 937.54M | -975.03M | -820.93M | -1.04B |
| Tangible Book Value Per Share | -19.74 | -15.94 | 20.26 | -20.73 | -17.49 | -22.16 |
| Land | 304.41M | 183.71M | 284.60M | 272.58M | 285.31M | |
| Machinery | 532.84M | 451.79M | 673.84M | 655.23M | 666.64M | |
| Construction In Progress | 131.09M | 82.39M | 94.63M | 76.08M | 49.78M |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | -1.03B | -905.64M | 69.67M | 356.33M | 363.14M | 485.37M |
| Depreciation & Amortization | 205.79M | 177.74M | 161.53M | 148.10M | 230.59M | 237.36M |
| Other Amortization | 5.95M | 4.67M | 3.42M | 3.40M | 4.05M | 4.49M |
| Loss (Gain) From Sale of Assets | -4.45M | -6.50M | -91.16M | |||
| Asset Writedown & Restructuring Costs | 100.00M | 108.12M | 7.83M | 1.50M | 6.74M | |
| Stock-Based Compensation | 25.59M | 25.70M | 25.96M | 27.30M | 27.22M | 22.94M |
| Other Operating Activities | 864.98M | 767.18M | 13.18M | -221.13M | -37.23M | -140.95M |
| Change in Accounts Receivable | -82.61M | -85.53M | -3.60M | -4.38M | -38.46M | -600.00K |
| Change in Inventory | 142.24M | 84.04M | 6.75M | -56.44M | -110.69M | -11.14M |
| Change in Accounts Payable | 13.31M | -8.28M | 2.35M | -18.93M | -24.79M | 94.02M |
| Change in Income Taxes | 19.94M | -35.73M | -27.11M | -18.65M | -79.45M | 73.47M |
| Change in Other Net Operating Assets | -18.96M | -35.59M | 41.91M | -5.02M | 13.42M | -28.41M |
| Operating Cash Flow | 403.20M | 340.68M | 635.74M | 510.64M | 343.61M | 651.42M |
| Capital Expenditures | -76.14M | -95.24M | -90.44M | -46.42M | -79.19M | -71.62M |
| Cash Acquisitions | -825.16M | -831.86M | -120.00K | -450.00K | -198.43M | -4.59M |
| Divestitures | 6.71M | 6.71M | 15.00M | 12.43M | 224.91M | |
| Investment in Securities | -9.00M | -5.00M | -4.00M | -15.00M | -11.12M | |
| Other Investing Activities | 14.16M | 76.19M | -8.80M | -585.36M | 20.77M | 19.15M |
| Investing Cash Flow | -889.42M | -849.19M | -99.36M | -621.23M | -259.41M | 156.74M |
| Long-Term Debt Issued | 1.14B | 130.00M | 646.00M | 744.25M | 400.00M | |
| Long-Term Debt Repaid | -153.00M | -291.50M | -544.75M | -884.50M | -1.03B | |
| Net Debt Issued (Repaid) | 917.38M | 987.00M | -161.50M | 101.25M | -140.25M | -634.50M |
| Issuance of Common Stock | 7.17M | 3.35M | 5.19M | 23.55M | ||
| Repurchase of Common Stock | -258.11M | -301.89M | -200.00M | -4.31M | ||
| Common Dividends Paid | -59.88M | -60.27M | -63.54M | -63.90M | -63.79M | -63.65M |
| Other Financing Activities | -31.64M | -20.47M | -236.00K | -4.00M | -9.16M | -41.22M |
| Financing Cash Flow | 567.75M | 611.54M | -421.93M | 38.54M | -217.51M | -715.82M |
| Foreign Exchange Rate Adjustments | -1.15M | 23.17M | -9.65M | 2.86M | -19.74M | -23.13M |
| Miscellaneous Cash Flow Adjustments | -71.17M | -51.17M | -42.34M | -30.12M | ||
| Net Cash Flow | 9.20M | 75.03M | 62.47M | -99.30M | -153.05M | 69.20M |
| Free Cash Flow | 327.06M | 245.44M | 545.30M | 464.22M | 264.42M | 579.80M |
| Free Cash Flow Margin | 14.51% | 12.32% | 32.09% | 27.11% | 9.47% | 20.64% |
| Free Cash Flow Per Share | 7.42 | 5.49 | 11.58 | 9.81 | 5.59 | 12.22 |
| Levered Free Cash Flow | 179.54M | 12.83M | 125.62M | 151.77M | 289.60M | 707.27M |
| Unlevered Free Cash Flow | 244.63M | 70.79M | 174.40M | 201.50M | 319.46M | 738.38M |
| Cash Interest Paid | 119.34M | 119.34M | 98.38M | 100.22M | 70.92M | 73.60M |
| Cash Income Tax Paid | 117.66M | 117.66M | 110.28M | 78.33M | 162.05M | 108.61M |
| Change in Working Capital | 73.91M | -81.09M | 20.28M | -103.42M | -239.96M | 127.34M |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 5.96B | 5.39B | 8.27B | 11.72B | 11.71B | 15.39B |
| Enterprise Value | 8.57B | 7.91B | 9.92B | 12.92B | 13.09B | 17.06B |
| Last Close Price | 139.77 | 121.07 | 174.63 | 243.08 | 241.91 | 316.69 |
| PE Ratio | 118.64 | 32.88 | 32.24 | 31.70 | ||
| Forward PE | 15.25 | 8.26 | 11.94 | 18.61 | 18.98 | 23.86 |
| PS Ratio | 2.64 | 2.71 | 4.86 | 6.84 | 4.20 | 5.48 |
| PB Ratio | 2.04 | 1.73 | 1.93 | 2.64 | 2.91 | 4.10 |
| P/TBV Ratio | 8.82 | |||||
| P/FCF Ratio | 18.20 | 21.98 | 15.16 | 25.24 | 44.28 | 26.54 |
| P/OCF Ratio | 14.77 | 15.83 | 13.00 | 22.95 | 34.08 | 23.62 |
| PEG Ratio | 0.74 | 1.39 | 1.59 | 2.66 | 2.90 | 1.83 |
| EV/Sales Ratio | 3.80 | 3.97 | 5.84 | 7.54 | 4.69 | 6.07 |
| EV/EBITDA Ratio | 21.21 | 16.86 | 33.89 | 34.05 | 17.54 | 21.20 |
| EV/EBIT Ratio | 43.24 | 27.14 | 75.64 | 55.86 | 25.38 | 30.07 |
| EV/FCF Ratio | 26.19 | 32.22 | 18.19 | 27.83 | 49.51 | 29.42 |
| Debt / Equity Ratio | 1.01 | 0.90 | 0.41 | 0.45 | 0.46 | 0.53 |
| Debt / EBITDA Ratio | 6.81 | 5.70 | 5.55 | 4.88 | 2.38 | 2.38 |
| Debt / FCF Ratio | 8.98 | 11.50 | 3.23 | 4.26 | 7.00 | 3.43 |
| Net Debt / Equity Ratio | 0.90 | 0.77 | 0.35 | 0.39 | 0.38 | 0.41 |
| Net Debt / EBITDA Ratio | 6.47 | 5.15 | 5.11 | 4.58 | 2.02 | 1.89 |
| Net Debt / FCF Ratio | 7.99 | 9.85 | 2.74 | 3.74 | 5.71 | 2.62 |
| Asset Turnover | 0.32 | 0.28 | 0.23 | 0.24 | 0.41 | 0.40 |
| Inventory Turnover | 1.94 | 2.44 | 1.42 | 1.12 | 2.39 | 2.54 |
| Quick Ratio | 0.96 | 0.98 | 0.76 | 1.13 | 1.29 | 1.25 |
| Current Ratio | 2.60 | 2.54 | 2.27 | 2.32 | 2.43 | 2.10 |
| Return on Equity (ROE) | -0.70% | 1.58% | 1.31% | 3.39% | 9.33% | 13.68% |
| Return on Assets (ROA) | 1.75% | 2.59% | 1.12% | 2.00% | 4.67% | 5.05% |
| Return on Invested Capital (ROIC) | 3.60% | 5.15% | 2.19% | 3.06% | 7.77% | 9.07% |
| Return on Capital Employed (ROCE) | 3.30% | 4.70% | 2.00% | 3.30% | 8.10% | 9.20% |
| Earnings Yield | -16.65% | -16.79% | 0.84% | 3.04% | 3.10% | 3.15% |
| FCF Yield | 5.49% | 4.55% | 6.60% | 3.96% | 2.26% | 3.77% |
| Dividend Yield | 0.97% | 1.11% | 0.76% | 0.55% | 0.55% | 0.41% |
| Payout Ratio | 91.20% | 17.93% | 17.57% | 13.11% | ||
| Buyback Yield / Dilution | 4.13% | 5.03% | 0.44% | 0.01% | 0.25% | -0.30% |
| Total Shareholder Return | 5.09% | 6.15% | 1.21% | 0.56% | 0.79% | 0.12% |