Teleflex Incorporated (TFX) Stock Analysis
Healthcare · Medical Instruments & Supplies · NYSE
Teleflex Incorporated (TFX) posted $1.98B in revenue for fiscal 2025 (down 34.9% year over year), with a net loss of $905.64M, and has compounded revenue about -4.8%/yr over five years, per its SEC filings.
Data last refreshed August 2, 2026 from SEC filings · how we compute this
The analyst's take on Teleflex Incorporated
Teleflex Incorporated has grown revenue from $1.87B to $1.98B over the last 10 fiscal years, compounding about -4.8% a year. The most recent year was down 34.9%, so growth has cooled from its longer-run pace.
Net margin sits at -45.7%, down 48 points year over year on a 56.5% gross margin. It carries about $2.74B of total debt.
At today's valuation the market is pricing in roughly 91.4% annual free-cash-flow growth — versus the -66.6% it actually delivered over the last five years, so the price already assumes a step-up from the recent record. The one thing worth a second look in the filings is receivables growing faster than sales.
Synthesised from Teleflex Incorporated's SEC filings — descriptive, not advice. Ask the analyst your own question →
Teleflex Incorporated revenue & earnings — last 10 fiscal years
| Metric | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.87B | $2.15B | $2.45B | $2.60B | $2.54B | $2.81B | $2.79B | $2.97B | $3.05B | $1.98B |
| Gross profit | $996.20M | $1.17B | $1.30B | $1.41B | $1.32B | $1.55B | $1.53B | $1.04B | $1.04B | $1.12B |
| Net income | $237.38M | $152.53M | $200.80M | $461.47M | $335.32M | $485.37M | $363.14M | $356.33M | $69.67M | $-905.64M |
| Net margin | 12.7% | 7.1% | 8.2% | 17.8% | 13.2% | 17.3% | 13.0% | 12.0% | 2.3% | -45.7% |
Source: Teleflex Incorporated SEC filings (10-K). 18 years of history available in the interactive view.
Teleflex Incorporated: 4 potential red flags in the filings
Patterns in the filed statements worth a second look — computed and cited, not AI guesswork, and not a signal to sell. The kind of thing that hides in a 10-K.
- Receivables growing faster than salesAccounts receivable rose 52.4% while revenue rose -34.9% in the latest year — a gap that can signal looser credit terms or pulled-forward sales. Worth checking days-sales-outstanding.
- Inventory building faster than salesInventory rose 31.8% versus revenue -34.9% — possible overproduction or softening demand.
- Heavy debt loadTotal debt of $2841.4M is 29.4× last year's operating cash flow — it would take years of cash flow to clear.
- Currently unprofitableThe latest fiscal year was a net loss (net margin -45.7%).
What growth is priced into TFX stock?
At today's market cap of $5.88B, Teleflex Incorporated is priced for free-cash-flow growth of about 91.4% per year for 10 years (assuming a 10% discount rate and 2.5% terminal growth, base FCF $1.45M from the FY ending 2025-12-31). For comparison, free cash flow actually grew -66.6%/yr over the last five fiscal years and revenue -4.8%/yr, computed from its SEC filings. This is a reverse DCF — a translation of the price into a growth assumption you can judge, not a fair value and not advice. Change the assumptions yourself in the interactive view →
Explore 18 years of Teleflex Incorporated financials — interactive
Full income statement, balance sheet and cash flow with CAGR and trend on every row, 48 quarters, valuation ratios, plain-English health checks, and Ask — our SEC-grounded research assistant.
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Teleflex Incorporated financial history by metric
Compare Teleflex Incorporated with peers
About Teleflex Incorporated
Teleflex Incorporated designs, develops, manufactures, and supplies single-use medical devices for common diagnostic and therapeutic procedures in critical care and surgical applications in the United States, Europe, the Middle East, Africa, the Asia Pacific, and internationally. The company offers vascular and emergency medicine products comprising Arrow branded catheters, catheter navigation and tip positioning systems, and intraosseous bone access systems for the administration of intravenous therapies, measurement of blood pressure, and collection of blood samples; intraosseous access systems consisting of EZ-IO intraosseous vascular access systems, and Arrow FAST1 sternal intraosseous infusion systems; and hemostatic products, including external hemostats and trauma products under the QuikClot brand. It also provides interventional products, including various coronary catheters, structural heart support devices, and peripheral intervention products platforms; GuideLiner, Turnpike, and TrapLiner catheters; MANTA vascular closure devices and Arrow OnControl powered bone biopsy systems; and coronary and peripheral medical devices, such as drug-coated balloons, stents, and balloon catheters. In addition, the company offers surgical products, including metal and polymer ligating clips using manual and automatic applier system, fascial closure surgical systems used in laparoscopic surgical procedures, percutaneous surgical systems, powered bariatric staplers, and other surgical instruments under the Weck, MiniLap, Pleur-Evac, Deknatel, KMedic, Pilling, and Titan SGS brands. It serves hospitals, healthcare providers, and medical device manufacturers. The company also sells its products online. Teleflex Incorporated was incorporated in 1943 and is headquartered in Wayne, Pennsylvania.
Teleflex Incorporated — frequently asked questions
What is Teleflex Incorporated's revenue?
Teleflex Incorporated (TFX) reported revenue of $1.98B for fiscal year 2025, down 34.9% from the prior year, according to its SEC filings.
Is Teleflex Incorporated profitable?
No — TFX reported a net loss of $-905.64M in fiscal 2025.
What is TFX's P/E ratio?
Teleflex Incorporated trades at a price-to-earnings ratio of about 2657.2 based on the latest data in our nightly-refreshed cache.
How fast is Teleflex Incorporated growing?
TFX's revenue grew at roughly -4.8% per year over the last five fiscal years (compound annual growth rate), computed from SEC-filed statements.
How much debt does Teleflex Incorporated have?
As of fiscal year 2025, TFX carried roughly $2.74B in total debt (short- plus long-term borrowings), per its filed balance sheet.
What is Teleflex Incorporated's gross margin?
TFX's gross margin was 56.5% in fiscal 2025 — gross profit of $1.12B on revenue of $1.98B.
What is Teleflex Incorporated's market cap?
Teleflex Incorporated (TFX) has a market capitalization of about $5.88B, based on the latest data in our nightly-refreshed cache.
When does Teleflex Incorporated's fiscal year end?
TFX's fiscal year ends in December. Its most recent annual filing covers the fiscal year ending 2025-12-31.
What growth is priced into TFX stock?
At today's market cap of $5.88B, Teleflex Incorporated is priced for free-cash-flow growth of about 91.4% per year for 10 years (assuming a 10% discount rate and 2.5% terminal growth, base FCF $1.45M from the FY ending 2025-12-31). For comparison, free cash flow actually grew -66.6%/yr over the last five fiscal years and revenue -4.8%/yr, computed from its SEC filings.
Where does this data come from?
All figures are computed from Teleflex Incorporated's official SEC filings (10-K and 10-Q), covering 18 years of history, refreshed nightly. stockportfolio.pro does not provide investment advice.