UFP Technologies, Inc., together with its subsidiaries, designs and manufactures solutions for medical devices, sterile packaging, and other engineered custom products in the United States. The company provides protective drapes for robotic surgery, patient handling and comfort, advanced wound care, infection prevention, disposables for surgical and endoscopic procedures, packaging for medical devices, orthopedic implants, components for cardiac implants, dispenser coils for catheters, and biopharma drug manufacturing. It also offers equipment protection and packaging for firearms, unmanned aerial vehicles/drones, weapon systems, electronic devices communications equipment, and tools and repair kits; cushion and protective packaging; acoustic and thermal insulation components for automotive, aerospace, consumer, and industrial; filtration for small engines, air conditioners, humidifiers, refrigerators, electronic air cleaners, forced air appliances and industrial compressors; fluid management; and seals and gaskets for automotive manufacturing chemical processing, building and construction applications. In addition, the company provides uniform and tactical gear, such as backpack straps and padding, uniform knee and elbow pads, duty belts, holsters, and helmet padding and others; sports and leisure including custom helmet linings, athletic braces, and shoe insoles; and trim and structural components, consist of load floors, sunshades, package trays, back panel, and seat backs. The company serves the medical, aerospace and defence, automotive, consumer, electronics, and industrial markets. It markets and sells its products through a direct sales force. The company was founded in 1963 and is headquartered in Newburyport, Massachusetts.
Rule-based from financial data. Not advice.
5-year financial trends. Figures in USD millions.
Latest fiscal year: 2025
Year-by-year revenue, profitability, and cash flow (USD millions, last 10 years)
| Year | Revenue | EBITDA | Net Profit | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|
| 2025 | $603M | $111M | $68M | $79M | 16.1% | 19.5% | 15.8% |
| 2024 | $504M | $96M | $59M | $57M | 17.2% | 26.1% | 31.3% |
| 2023 | $400M | $69M | $45M | $31M | 15.7% | 13.1% | 7.5% |
| 2022 | $354M | $67M | $42M | $4M | 17.6% | - | - |
| 2021 | - | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Total Revenue | - | 353.79 | 400.07 | 504.42 | 602.80 |
| Operating Revenue | - | 353.79 | 400.07 | 504.42 | 602.80 |
| Cost Of Revenue | - | 263.53 | 287.85 | 357.73 | 432.39 |
| Gross Profit | - | 90.26 | 112.22 | 146.69 | 170.41 |
| Operating Expense | - | 45.80 | 50.89 | 62.22 | 77.44 |
| Selling General And Administration | - | 45.80 | 50.89 | 62.22 | 77.44 |
| Total Expenses | - | 309.33 | 338.74 | 419.95 | 509.83 |
| Operating Income | - | 44.46 | 61.34 | 84.48 | 92.97 |
| Total Operating Income As Reported | - | 55.40 | 57.66 | 80.90 | 92.34 |
| EBITDA | - | 67.37 | 68.95 | 95.80 | 111.47 |
| Normalized EBITDA | - | 56.43 | 72.63 | 99.38 | 112.10 |
| EBIT | - | 55.48 | 57.55 | 81.09 | 92.32 |
| Interest Income | 0.05 | - | - | - | - |
| Interest Expense | - | 2.76 | 3.64 | 8.06 | 9.80 |
| Net Interest Income | - | -2.76 | -3.64 | -8.06 | -9.80 |
| Other Non Operating Income Expenses | - | 0.08 | -0.12 | 0.19 | -0.02 |
| Other Income Expense | - | 11.02 | -3.79 | -3.39 | -0.65 |
| Interest Income Non Operating | 0.05 | - | - | - | - |
| Interest Expense Non Operating | - | 2.76 | 3.64 | 8.06 | 9.80 |
| Net Non Operating Interest Income Expense | - | -2.76 | -3.64 | -8.06 | -9.80 |
| Pretax Income | - | 52.72 | 53.90 | 73.03 | 82.51 |
| Tax Provision | - | 10.93 | 8.98 | 14.04 | 14.20 |
| Tax Rate For Calcs | - | 0 | 0 | 0 | 0 |
| Tax Effect Of Unusual Items | - | 2.26 | -0.61 | -0.69 | -0.11 |
| Net Income Continuous Operations | - | 41.79 | 44.92 | 58.98 | 68.31 |
| Net Income From Continuing And Discontinued Operation | - | 41.79 | 44.92 | 58.98 | 68.31 |
| Net Income From Continuing Operation Net Minority Interest | - | 41.79 | 44.92 | 58.98 | 68.31 |
| Net Income | - | 41.79 | 44.92 | 58.98 | 68.31 |
| Net Income Common Stockholders | - | 41.79 | 44.92 | 58.98 | 68.31 |
| Net Income Including Noncontrolling Interests | - | 41.79 | 44.92 | 58.98 | 68.31 |
| Normalized Income | - | 33.12 | 47.98 | 61.87 | 68.84 |
| Diluted NI Availto Com Stockholders | - | 41.79 | 44.92 | 58.98 | 68.31 |
| Basic Average Shares | - | 7.56 | 7.62 | 7.67 | 7.70 |
| Diluted Average Shares | - | 7.66 | 7.70 | 7.78 | 7.80 |
| Reconciled Depreciation | - | 11.89 | 11.41 | 14.72 | 19.15 |
| Reconciled Cost Of Revenue | - | 263.53 | 287.85 | 357.73 | 432.39 |
| Total Unusual Items | - | 10.94 | -3.67 | -3.58 | -0.63 |
| Total Unusual Items Excluding Goodwill | - | 10.94 | -3.67 | -3.58 | -0.63 |
| Special Income Charges | - | 10.94 | -3.67 | -3.58 | -0.63 |
| Gain On Sale Of Business | 0 | 15.65 | 0 | 0 | - |
| Restructuring And Mergern Acquisition | - | 10.86 | 3.53 | 3.47 | 0.60 |
| Gain On Sale Of Ppe | - | 6.15 | -0.14 | -0.11 | -0.04 |
Healthcare sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| UFP Technologies, Inc.this co. | UFPT | $1.7B | 25.43 | 4.10 | 16.1% | 16.79 |
| Rapport Therapeutics, Inc. | RAPP | $1.8B | - | -178.20 | -23.0% | - |
| Surgery Partners, Inc. | SGRY | $1.8B | -22.97 | 1.04 | -4.5% | 9.86 |
| SELLAS Life Sciences Group, Inc. | SLS | $1.8B | -66.17 | 25.08 | -37.9% | -60.37 |
| Biohaven Ltd. | BHVN | $1.7B |
| - |
| - |
| - |
| - |
| - |
| -2.32 |
| 32.96 |
| -1418.8% |
| -2.41 |
| Agios Pharmaceuticals, Inc. | AGIO | $1.7B | -4.15 | 1.44 | -34.6% | -3.56 |
| Sionna Therapeutics, Inc. | SION | $1.7B | -22.66 | 5.56 | -24.5% | -18.75 |
| Taysha Gene Therapies, Inc. | TSHA | $1.7B | -15.53 | 6.85 | -44.1% | -13.39 |
| Novavax, Inc. | NVAX | $1.7B | 3.81 | -13.12 | -344.7% | 3.42 |
| Peer Median | - | -15.53 | 3.50 | -36.3% | -3.56 | |
Historically, Nov has averaged the highest return (+16.3%); Sep the lowest (-8.0%).
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +13.1%Positive MonthJan 2026: +13.11% | -16.2%Negative MonthFeb 2026: -16.15% | -8.1%Negative MonthMar 2026: -8.06% | -1.0%Neutral MonthApr 2026: -1.02% | +14.9%Positive MonthMay 2026: +14.86% | +20.5%Positive MonthJun 2026: +20.46% | -3.9%Negative MonthJul 2026: -3.90% | +22.8%*Positive MonthAug 2026: +22.79% | — | — | — | — |
| 2025 | +12.3%Positive MonthJan 2025: +12.33% | -17.1%Negative MonthFeb 2025: -17.14% | -11.4%Negative MonthMar 2025: -11.37% | +3.4%Positive MonthApr 2025: +3.39% | +12.3%Positive MonthMay 2025: +12.30% | +4.3%Positive MonthJun 2025: +4.25% | -7.3%Negative MonthJul 2025: -7.28% | -7.2%Negative MonthAug 2025: -7.17% | -5.0%Negative MonthSep 2025: -5.02% | -3.5%Negative MonthOct 2025: -3.49% | +17.7%Positive MonthNov 2025: +17.68% | -2.1%Negative MonthDec 2025: -2.06% |
| 2024 | -2.1%Negative MonthJan 2024: -2.05% | +23.6%Positive MonthFeb 2024: +23.62% | +21.1%Positive MonthMar 2024: +21.07% | -18.3%Negative MonthApr 2024: -18.34% | +26.4%Positive MonthMay 2024: +26.43% | +1.3%Neutral MonthJun 2024: +1.35% | +21.9%Positive MonthJul 2024: +21.87% | +6.1%Positive MonthAug 2024: +6.11% | -7.2%Negative MonthSep 2024: -7.19% | -15.7%Negative MonthOct 2024: -15.69% | +20.9%Positive MonthNov 2024: +20.94% | -24.3%Negative MonthDec 2024: -24.28% |
| 2023 | -3.5%Negative MonthJan 2023: -3.53% | +3.5%Positive MonthFeb 2023: +3.51% | +10.3%Positive MonthMar 2023: +10.30% | +6.2%Positive MonthApr 2023: +6.16% | +12.2%Positive MonthMay 2023: +12.18% | +25.4%Positive MonthJun 2023: +25.36% | +0.4%Neutral MonthJul 2023: +0.42% | -9.7%Negative MonthAug 2023: -9.74% | -8.1%Negative MonthSep 2023: -8.12% | -3.4%Negative MonthOct 2023: -3.43% | +6.8%Positive MonthNov 2023: +6.76% | +3.4%Positive MonthDec 2023: +3.35% |
| 2022 | +1.0%Neutral MonthJan 2022: +1.00% | -2.6%Negative MonthFeb 2022: -2.56% | -4.3%Negative MonthMar 2022: -4.30% | +3.8%Positive MonthApr 2022: +3.78% | +11.3%Positive MonthMay 2022: +11.33% | +4.1%Positive MonthJun 2022: +4.08% | +1.2%Neutral MonthJul 2022: +1.19% | +15.5%Positive MonthAug 2022: +15.49% | -7.7%Negative MonthSep 2022: -7.69% | +9.3%Positive MonthOct 2022: +9.33% | +27.9%Positive MonthNov 2022: +27.92% | -1.8%Neutral MonthDec 2022: -1.80% |
| 2021 | — | — | — | — | +8.7%Positive MonthMay 2021: +8.75% | +5.5%Positive MonthJun 2021: +5.47% | +4.1%Positive MonthJul 2021: +4.11% | +17.1%Positive MonthAug 2021: +17.08% | -12.0%Negative MonthSep 2021: -12.00% | +0.5%Neutral MonthOct 2021: +0.49% | +8.0%Positive MonthNov 2021: +8.05% | +5.1%Positive MonthDec 2021: +5.07% |
| Avg±SD |
Each cell is the percentage change in closing price from the end of the prior month to the end of this month. The bottom row shows the average return for that calendar month across the selected years, plus or minus one standard deviation — the range that historically contained roughly two-thirds of outcomes. Past monthly patterns are not a forecast of future returns.
This aggregates every month by calendar position — all Januaries together, all Februaries together, and so on — to show whether a given month has leaned positive or negative historically. ‘Simple’ counts each month as +1 or −1. ‘Weighted’ gives larger moves more influence: +2 above +10%, −2 below −10%. With only 6 years of history for this asset, each month’s score reflects a small number of observations — read it as a historical tendency, not a reliable seasonal pattern.
This tracks a running tally across the asset’s full price history: each month adds or subtracts based on whether it was positive or negative. A rising line means more positive months than negative so far; a flattening or falling line means recent months have leaned negative. This measures historical month-to-month consistency, not expected future performance.
Year-to-date return is calculated by dividing each day’s closing price by the price on January 1st of that year (or the asset’s first available price if it began trading mid-year). The custom average line shows the mean YTD return at each calendar day across the selected years. The standard deviation band shows the range within which returns have historically fallen — at 1 SD, roughly two-thirds of years; at 2 SD, roughly 95%. Past year-to-date patterns do not predict future returns. The average and standard deviation band are computed from the year set chosen in “Average from”, which is independent of which year lines are displayed. The current in-progress year is excluded from these calculations, since a partial year is not comparable to complete ones. Election-cycle groupings follow the US presidential calendar and are offered only for US and crypto assets.