UFP Technologies Inc. (UFPT) Financials

EPS

Hollow marker is the consensus estimate; filled is the reported figure, colored by beat or miss.

Revenue

Outlined bar is the consensus estimate; solid is reported.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
Q2 26	$2.51	$2.62	+4.4%	—	$174M	—
Q1 26	$2.31	$2.48	+7.4%	—	$154.2M	—
Q4 25	$2.24	$2.44	+8.9%	—	$148.9M	—
Q3 25	$2.17	$2.39	+10.1%	—	$154.6M	—
Q2 25	$2.25	$2.5	+11.1%	—	$151.2M	—
Q1 25	$2.01	$2.47	+22.9%	—	$148.1M	—
Q4 24	$2.13	$2.46	+15.5%	—	$144.1M	—
Q3 24	$1.86	$2.39	+28.5%	—	$145.2M	—
Q2 24	$1.54	$1.86	+20.8%	—	$110.2M	—
Q1 24	$1.17	$1.66	+41.9%	—	$105M	—
Q4 23	$1.12	$1.54	+37.5%	—	$101.5M	—
Q3 23	$1.49	$1.52	+2.0%	—	$100.8M	—
Q2 23	$1.42	$1.57	+10.6%	—	$100M	—
Q1 23	$1.12	$1.57	+40.2%	—	$97.8M	—
Q4 22	$0.9	$1.16	+28.9%	—	$91.2M	—
Q3 22	$0.91	$0.98	+7.7%	—	$97M	—

EPS

Reported per-share earnings by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Revenue

Reported revenue by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
FY25	—	$8.87	—	—	$602.8M	—
FY24	—	$7.69	—	—	$504.4M	—
FY23	—	$5.89	—	—	$400.1M	—
FY22	—	$5.52	—	—	$353.8M

Total revenue

Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	$146.1M	$147.8M	$190.5M	$198.4M	$179.4M	$206.3M	$353.8M	$400.1M	$504.4M	$602.8M
YoY change	+5.24%	+1.17%	+28.8%	+4.16%	-9.58%	+15%	+71.5%	+13.1%	+26.1%	+19.5%

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	146.1M	147.8M	190.5M	198.4M	179.4M	206.3M	353.8M	400.1M	504.4M	602.8M
Cost of revenue	111.5M	112.4M	142.1M	144.4M	134.7M	155.2M	263.5M	287.8M	357.7M	432.4M
Gross profit	34.6M	35.5M	48.3M	54M	44.7M	51.1M	90.3M	112.2M	146.7M	170.4M
Gross margin	23.7%	24%	25.4%	27.2%	24.9%	24.8%	25.5%	28.1%	29.1%	28.3%
Research & development	—	—	—	—	—	—	—	—	—	—
Selling, general & administrative	24.1M	23.7M	27.7M	29.3M	27.5M	29.5M	45.8M	50.9M	62.2M	77.4M
Operating expenses	24.1M	23.7M	27.7M	29.3M	27.5M	29.5M	45.8M	50.9M	62.2M	77.4M
Operating income	10.5M	11.8M	20.7M	24.7M	17.2M	21.6M	44.5M	61.3M	84.5M	93M
Operating margin	7.22%	7.96%	10.8%	12.5%	9.58%	10.5%	12.6%	15.3%	16.7%	15.4%
Non-operating income, net	1.7M	-70K	-978K	-388K	-825K	-390K	11M	-3.8M	-3.4M	-654K
Pretax income	12.3M	11.9M	18.4M	23.6M	16.3M	21.2M	52.7M	53.9M	73M	82.5M
Income tax	4.3M	2.6M	4.1M	3.9M	2.9M	5.3M	10.9M	9M	14M	14.2M
Net income	8M	9.2M	14.3M	19.8M	13.4M	15.9M	41.8M	44.9M	59M	68.3M
Net margin	5.45%	6.23%	7.51%	9.96%	7.45%	7.7%	11.8%	11.2%	11.7%	11.3%
EBITDA	16.3M	17.6M	28.6M	32.5M	25.1M	30.1M	56.4M	72.6M	99.4M	112.1M
EPS	1.11	1.27	1.95	2.66	1.79	2.11	5.52	5.89	7.69	8.87
Diluted EPS	1.1	1.26	1.93	2.63	1.77	2.09	5.45	5.83	7.58	8.75

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Revenue	100.8M	101.5M	105M	110.2M	145.2M	144.1M	148.1M	151.2M	154.6M	148.9M	154.2M	174M
Cost of revenue	73M	75.4M	74.9M	77.1M	103.6M	102M	106M	107.6M	111.8M	106.9M	109.8M	123M
Gross profit	27.8M	26.1M	30.1M	33M	41.5M	42.1M	42.2M	43.5M	42.7M	42M	44.4M	50.9M
Gross margin	27.5%	25.7%	28.6%	30%	28.6%	29.2%	28.5%	28.8%	27.7%	28.2%	28.8%	29.3%
Research & development	—	—	—	—	—	—	—	—	—	—	—	—
Selling, general & administrative	12.5M	13.1M	13.9M	13.9M	15.8M	18.6M	18.7M	18.7M	19.1M	21M	21M	22.8M
Operating expenses	12.5M	13.1M	13.9M	13.9M	15.8M	18.6M	18.7M	18.7M	19.1M	21M	21M	22.8M
Operating income	15.3M	13M	16.2M	19.1M	25.7M	23.4M	23.4M	24.9M	23.7M	21M	23.3M	28.2M
Operating margin	15.2%	12.8%	15.4%	17.4%	17.7%	16.3%	15.8%	16.4%	15.3%	14.1%	15.1%	16.2%
Non-operating income, net	-209K	-364K	-205K	-1.2M	-1M	-962K	-336K	-567K	-221K	470K	4K	-26K
Pretax income	14.1M	11.9M	15.3M	17.4M	21.2M	19.1M	20.3M	21.6M	21.1M	19.5M	21.6M	26.4M
Income tax	2.4M	284K	2.6M	3.8M	4.9M	2.7M	3.1M	4.4M	4.7M	2M	4.1M	5.6M
Net income	11.7M	11.6M	12.7M	13.6M	16.4M	16.4M	17.2M	17.2M	16.4M	17.6M	17.5M	20.9M
Net margin	11.6%	11.4%	12.1%	12.3%	11.3%	11.4%	11.6%	11.4%	10.6%	11.8%	11.3%	12%
EBITDA	18.2M	15.9M	19.2M	22.2M	29.7M	28.3M	28M	29.6M	28.6M	25.9M	28.2M	33.2M
EPS	1.53	1.52	1.66	1.77	2.13	2.13	2.24	2.23	2.12	2.28	2.27	2.69
Diluted EPS	1.52	1.51	1.64	1.75	2.11	2.1	2.21	2.21	2.11	2.25	2.24	2.68

P/E

Annual history by fiscal year; click a table row below to chart a different metric.

Current values are trailing twelve months where available, otherwise the latest fiscal year; unreported figures show a dash.

Key stats

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Market cap	183M	201.5M	220.7M	368.3M	348.8M	528.6M	891.7M	1.3B	1.9B	1.7B	2.3B
Enterprise value	152.5M	163.5M	242.6M	367.7M	326.7M	601.9M	955.6M	1.4B	2.1B	1.8B	2.4B
Shares outstanding	7.2M	7.2M	7.3M	7.4M	7.5M	7.5M	7.6M	7.6M	7.7M	7.7M	7.7M

Valuation

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
P/E	23	21.9	15.4	18.6	26.1	33.3	21.3	29.2	31.8	25	32
P/S	1.25	1.36	1.16	1.86	1.94	2.56	2.52	3.28	3.72	2.84	3.63
P/B	1.62	1.63	1.57	2.27	1.97	2.72	3.75	4.58	5.47	4.04	4.96
EV/EBITDA	9.34	9.28	8.48	11.3	13	20	16.9	18.6	20.8	16.5	20.9
EV/Sales	1.04	1.11	1.27	1.85	1.82	2.92	2.7	3.38	4.1	3.06	3.83
Earnings yield	4.36%	4.57%	6.48%	5.36%	3.83%	3.01%	4.69%	3.43%	3.15%	3.99%	3.13%
FCF yield	1.15%	3.52%	7.2%	6.91%	5.93%	1.68%	0.44%	2.35%	3.04%	4.62%	1.5%
PEG	—	—	—	—	—	—	—	—	—	—	1.55

Profitability

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Gross margin	23.7%	24%	25.4%	27.2%	24.9%	24.8%	25.5%	28.1%	29.1%	28.3%	29.3%
Operating margin	7.22%	7.96%	10.8%	12.5%	9.58%	10.5%	12.6%	15.3%	16.7%	15.4%	16.2%
Net margin	5.45%	6.23%	7.51%	9.96%	7.45%	7.7%	11.8%	11.2%	11.7%	11.3%	11.4%
ROE	7.05%	7.44%	10.2%	12.2%	7.56%	8.17%	17.6%	15.7%	17.2%	16.1%	17.1%
ROA	6.23%	6.66%	7.55%	10.5%	6.58%	4.75%	11%	11.1%	9.38%	10.4%	9.13%
ROIC	8.27%	10.7%	9.89%	12.8%	9.11%	6.05%	11.7%	15.6%	12.7%	13.8%	13.3%
Return on tangible assets	7.07%	7.45%	34.5%	45.8%	22.2%	-94.3%	271.1%	91%	-151.9%	-318.8%	390.2%

Financial health

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Current ratio	7.31	7.55	2.69	3.17	4.75	2.25	2.08	2.48	2.56	2.68	3
Quick ratio	5.83	6.26	1.75	2.08	3.52	1.39	1.12	1.28	1.41	1.52	1.72
Debt / equity	0.01	—	0.18	0.02	0.01	0.43	0.29	0.16	0.6	0.36	0.29
Debt / assets	0.01	—	0.13	0.02	0.01	0.25	0.18	0.11	0.33	0.24	0.2
Net debt / EBITDA	-1.87	—	0.77	-0.02	-0.88	2.44	1.13	0.56	1.94	1.2	1.1
Interest coverage	179.5	238.2	14.9	36.1	197.2	544.7	20.1	15.8	10.1	9.42	12.4
Effective tax rate	35.3%	22.3%	22.2%	16.5%	17.9%	25.1%	20.7%	16.7%	19.2%	17.2%	18.4%

Per share

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Revenue per share	20.3	20.4	25.9	26.7	24	27.4	46.8	52.5	65.8	78.2	81.8
EPS (basic)	1.11	1.27	1.95	2.66	1.79	2.11	5.52	5.89	7.69	8.87	8.87
EPS (diluted)	1.1	1.26	1.93	2.63	1.77	2.09	5.45	5.83	7.58	8.75	9.25
Book value per share	15.7	17.1	19.1	21.8	23.6	25.8	31.4	37.5	44.7	55	59.7
FCF per share	0.29	0.98	2.16	3.43	2.76	1.18	0.52	4.05	7.43	10.3	7.89
Cash per share	4.36	5.24	0.44	0.5	3.24	1.48	0.59	0.69	1.75	2.63	1.17
Capex per share	1	1.43	0.73	0.78	0.57	0.7	2.9	1.38	1.26	—	—

Capital allocation

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Capex / revenue	4.92%	7.02%	2.81%	2.91%	2.38%	2.56%	6.2%	2.62%	1.91%	—	—
Capex / operating cash flow	62.1%	63.7%	26.6%	18.4%	16.8%	38.1%	73.7%	24.9%	14.4%	—	—
Payout ratio	—	—	—	—	—	—	—	—	—	—	0%

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Revenue	$100.8M	$101.5M	$105M	$110.2M	$145.2M	$144.1M	$148.1M	$151.2M	$154.6M	$148.9M	$154.2M	$174M
YoY change	+3.93%	+11.2%	+7.42%	+10.1%	+44%	+41.9%	+41.1%	+37.2%	+6.47%	+3.36%	+4.09%	+15.1%

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Cash & short-term investments	31.4M	38M	3.2M	3.7M	24.2M	11.1M	4.5M	5.3M	13.4M	20.3M
Receivables	21.2M	21.4M	28.3M	28.6M	26.4M	39.4M	55.1M	64.4M	84.7M	82.9M
Inventory	14.2M	12.9M	19.6M	18.3M	18.6M	33.4M	53.5M	70.2M	87.5M	86.9M
Total current assets	69.8M	75.1M	55.6M	53.3M	71.9M	87.3M	116.3M	144.6M	194.9M	201M
Property, plant & equipment	20.3M	24.7M	22.5M	24.3M	19.9M	29.7M	36.8M	41M	48.8M	59.4M
Goodwill & intangibles	15.3M	14.6M	148.1M	145.6M	143.1M	351M	362.8M	354.8M	667.8M	676.5M
Total assets	127.9M	138.2M	189.6M	188.8M	203.2M	334.1M	378.2M	404.1M	629M	655.1M
Accounts payable	4M	4.2M	6.8M	4.6M	4.1M	10.6M	20M	22.3M	24.3M	24.3M
Short-term debt	856K	—	2.9M	1.1M	1.2M	6.2M	6.5M	7.2M	16.7M	17.5M
Total current liabilities	9.6M	9.9M	20.7M	16.8M	15.1M	38.8M	56M	58.2M	76.3M	74.9M
Long-term debt	—	—	22.3M	1.9M	1M	78.1M	61.9M	38.8M	189.3M	136.9M
Total liabilities	14.9M	14.5M	49.1M	26.8M	26.3M	139.7M	140.6M	118M	286.2M	231.2M
Shareholders' equity	113.1M	123.7M	140.5M	162M	176.9M	194.4M	237.5M	286.1M	342.8M	423.9M
Total debt	856K	—	25.1M	3.1M	2.2M	84.4M	68.4M	46M	206M	154.5M
Net debt	-30.5M	—	21.9M	-653K	-22M	73.2M	63.9M	40.8M	192.6M	134.2M

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Cash & short-term investments	6.4M	5.3M	11.4M	16.7M	16.4M	13.4M	14M	14.9M	18.2M	20.3M	20M	9M
Receivables	61M	64.4M	61.3M	61M	89.2M	84.7M	93.8M	84.9M	85.2M	82.9M	98.6M	113.2M
Inventory	69.8M	70.2M	73.9M	78M	88.7M	87.5M	89.8M	85.2M	86.1M	86.9M	94M	100.1M
Total current assets	140.5M	144.6M	150.5M	162.2M	201M	194.9M	205.9M	191.4M	198M	201M	224.1M	234.9M
Property, plant & equipment	40.3M	41M	40.3M	40.4M	47.7M	48.8M	48.8M	52.7M	58.2M	59.4M	58M	57M
Goodwill & intangibles	356M	354.8M	352M	356M	678.9M	667.8M	666.5M	669.9M	681.1M	676.5M	669M	663.4M
Total assets	399.8M	404.1M	407.7M	422.4M	638.5M	629M	642.6M	634.7M	652.8M	655.1M	674.7M	681.9M
Accounts payable	26.9M	22.3M	23.7M	23M	26.3M	24.3M	29.7M	22.7M	29.4M	24.3M	28.4M	33M
Short-term debt	7.2M	7.2M	7.4M	3.3M	16.5M	16.7M	16.6M	17.2M	17.5M	17.5M	17.5M	17.2M
Total current liabilities	56.6M	58.2M	52.4M	51.8M	78.3M	76.3M	79.9M	69.2M	82.2M	74.9M	77M	78.3M
Long-term debt	50.5M	38.8M	40.1M	44.7M	211.5M	189.3M	181.9M	163.9M	148.1M	136.9M	138.6M	119.1M
Total liabilities	127.4M	118M	112.7M	112.2M	309.4M	286.2M	282M	249.2M	248.9M	231.2M	235.8M	219.5M
Shareholders' equity	272.4M	286.1M	295M	310.2M	329.1M	342.8M	360.7M	385.5M	403.9M	423.9M	438.9M	462.4M
Total debt	57.6M	46M	47.5M	48M	227.9M	206M	198.5M	181.1M	165.5M	154.5M	156.1M	136.3M
Net debt	51.3M	40.8M	36.1M	31.2M	211.6M	192.6M	184.5M	166.2M	147.3M	134.2M	136.1M	127.3M

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Net income	8M	9.2M	14.3M	19.8M	13.4M	15.9M	41.8M	44.9M	59M	68.3M
Depreciation & amortization	5.6M	5.6M	7.8M	8.2M	8.3M	8.4M	11.9M	11.4M	14.7M	19.1M
Stock-based compensation	1.1M	1.1M	1.2M	1.6M	1.8M	2.4M	3.2M	4.6M	6.8M	8.9M
Change in working capital	-3.7M	1.4M	-5.1M	997K	1.8M	-11.1M	-32.2M	-23.2M	-15.9M	-5.2M
Operating cash flow	11.6M	16.3M	20.1M	31.3M	25.4M	13.9M	29.8M	42.1M	66.9M	91.9M
Capital expenditure	-7.2M	-10.4M	-5.4M	-5.8M	-4.3M	-5.3M	21.9M	-10.5M	-9.6M	—
Investing cash flow	-7.2M	-10.4M	-82.3M	-5.8M	-4.3M	-101.5M	1.3M	-10.5M	-207.1M	-14.7M
Dividends paid	—	—	—	—	—	—	—	—	—	—
Share repurchases	0	0	—	—	—	—	—	—	—	—
Financing cash flow	-1.1M	-1.2M	33M	-33.7M	-6.3M	73.9M	-26.3M	-30.7M	152.2M	-58.4M
Net change in cash	3.3M	4.8M	-29.2M	-8.1M	14.9M	-13.7M	4.8M	906K	12M	18.8M
Free cash flow	2.1M	7.1M	15.9M	25.5M	20.7M	8.9M	4M	30.8M	56.9M	79M

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Net income	11.7M	11.6M	12.7M	13.6M	16.4M	16.4M	17.2M	17.2M	16.4M	17.6M	17.5M	20.9M
Depreciation & amortization	2.8M	3M	3M	3M	4M	4.7M	4.6M	4.7M	4.9M	4.9M	4.9M	5M
Stock-based compensation	1.2M	1.2M	1.5M	1.7M	1.5M	2.1M	2.2M	2.3M	2M	2.4M	2.7M	3.2M
Change in working capital	-1.9M	-9.2M	-2.4M	-8M	-4M	5.2M	-11M	3M	8.4M	67K	-21.5M	-11.5M
Operating cash flow	15M	7.1M	15.6M	10.2M	18.7M	29M	14.8M	25.3M	35.9M	16.8M	3.2M	15.6M
Capital expenditure	-2.8M	-2.8M	-1.7M	-2.8M	-2.1M	-3M	-2.8M	—	—	—	—	—
Investing cash flow	-2.8M	-2.8M	-1.7M	-2.8M	-194M	-4M	-2.8M	—	-11.9M	0	—	—
Dividends paid	—	—	—	—	—	—	—	—	—	—	—	—
Share repurchases	—	—	—	—	—	—	—	—	—	—	—	—
Financing cash flow	-27M	6.8M	-5.8M	991K	176.8M	-22.8M	-10.8M	-19.1M	-17.5M	-10.9M	-1.7M	-25.5M
Net change in cash	-14.8M	11.1M	8.1M	8.5M	1.5M	2.1M	1.1M	6.2M	6.5M	6M	1.5M	-9.9M
Free cash flow	15.3M	9.9M	8.9M	8.9M	17.7M	21.4M	11M	22.5M	32.5M	13M	1.5M	14.5M

UFP Technologies Inc. Financials

EPS

Revenue

Results

EPS

Revenue

Results

Total revenue

Total revenue

Revenue and profits

Condensed income statement

Revenue and profits

Condensed income statement

P/E

Key stats

Valuation

Profitability

Financial health

Per share

Capital allocation

Assets vs. liabilities & equity

Condensed balance sheet

Assets vs. liabilities & equity

Condensed balance sheet

Cash generation and uses

Condensed cash flow statement

Cash generation and uses

Condensed cash flow statement