UFPT UFP TECHNOLOGIES INC

Overview and Growth

Fiscal 2025 results for UFP TECHNOLOGIES INC combined $602.80M of revenue with net income of $68.31M and an operating cash inflow of $91.91M. At $602.80M, the top line establishes the operating scale supporting the company’s profit and cash-flow profile. The top line expanded 19.5% from $504.42M in fiscal 2024, increasing the company’s operating scale. Diluted earnings per share were $8.75, translating the period’s attributable earnings into the amount reported for each diluted share. Diluted EPS increased by 15.4% from $7.58 in fiscal 2024, showing how the earnings change reached shareholders on a per-share basis. At period end, total assets were $655.08M, framing the scale of the company’s operating and financing commitments. Revenue equaled 0.92x of total assets, indicating how much reported top-line activity the company produced relative to its period-end asset base.

Profitability

The first profit layer was $170.41M of gross profit, the amount available after reported direct revenue costs to absorb operating expenses. Gross margin was 28.3%, so that share of each revenue unit remained after the cost of revenue reported for the period. Operations produced $92.34M of income after the reported operating expense base, before the remaining non-operating and tax effects. Operating margin measured 15.3%, showing the portion of revenue preserved after the full set of operating costs. The bottom-line result was net income of $68.31M, after the operating, financing, tax, and other items recognized for the period. Net margin was 11.3%, meaning that this portion of revenue remained as net income after all recognized expenses. Pretax income was $82.51M, isolating the reported earnings outcome before the income-tax provision recognized for the fiscal year. The pretax margin was 13.7%, relating income before taxes directly to revenue. Income tax expense totaled $14.20M, providing the reported tax component that separates pretax and after-tax earnings. The effective relationship between income tax and positive pretax income was 17.2%, without assuming a statutory-rate comparison. The relationship between net income and period-end equity was 16.1%, indicating the profitability achieved on book capital. Return on period-end assets was 10.4%, connecting net income with the company’s total asset base.

Liquidity and Capital Structure

At period end, the $655.08M asset base was financed through $231.20M of liabilities and $423.88M of equity. At period end, current assets of $201.00M compared with current liabilities of $74.86M, defining the company’s short-term resource position. The current ratio was 2.68x, with current assets exceeding current liabilities and providing a short-term liquidity cushion. Cash and equivalents totaled $20.30M, identifying the most liquid reported component available within the broader current-asset balance. The cash balance equaled 27.1% of current liabilities, showing how much near-term coverage came from cash alone. Borrowings totaled $135.46M, adding a fixed financing obligation alongside the company’s equity capital. The debt-to-equity relationship was 0.32x, showing how much debt the company carried for each unit of book equity. The debt-to-assets relationship was 20.7%, comparing borrowing with the total asset balance. The liabilities-to-assets relationship was 35.3%, placing reported obligations against the full positive asset balance. Cash and equivalents equaled 3.1% of total assets, showing the liquid cash component within the company’s broader resource base. Compared with $629.00M in fiscal 2024, the current asset base moved 4.1% and finished higher. Book equity was 23.7% higher than fiscal 2024 equity of $342.76M, showing how shareholder capital changed year over year.

Cash Flow and Earnings Quality

The company reported $91.91M of operating cash flow, a cash inflow that shows the cash generated by operations. Against net income, operating cash flow measured 1.35x, showing the relationship between accrual earnings and operating cash.

Based on the annual report for the fiscal year ending Dec 31, 2025. Analysis generated Oct 21, 2026.