Teledyne Technologies TDY · USD
Industrials · Aerospace & Defense · US listing · 🇺🇸 United States
S&P 500
643.34
+4.00%
Close of 9 Nov 2026, in USD
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At a glance
Figures in USD, from our data supplier.
Revenue
$6.12bn
FY2016FY2025
Net income
$894.8m
FY2016FY2025
Free cash flow
$1.07bn
FY2016FY2025
Shareholders' equity
$10.51bn
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $6.12bn | $5.67bn | $5.64bn | $5.46bn | $4.61bn | $3.09bn | $3.16bn | $2.90bn | $2.60bn | $2.15bn |
| Gross profit | $2.40bn | $2.43bn | $2.44bn | $2.33bn | $1.84bn | $1.18bn | $1.24bn | $1.11bn | $979.8m | $820.4m |
| Research and development | $317.3m | $292.6m | $356.3m | $352.2m | $299.3m | $196.0m | $209.6m | $185.6m | $177.7m | $167.7m |
| Operating income | $1.15bn | $989.1m | $1.04bn | $972.0m | $624.3m | $480.1m | $491.7m | $416.6m | $321.7m | $264.5m |
| Net income | $894.8m | $819.2m | $885.7m | $788.6m | $445.3m | $401.9m | $402.3m | $333.8m | $227.2m | $190.9m |
| Diluted earnings per share | 18.96 | 17.21 | 18.49 | 16.50 | 9.34 | 10.58 | 10.64 | 8.97 | 6.19 | 5.32 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | $15.29bn | $14.20bn | $14.53bn | $14.35bn | $14.45bn | $5.08bn | $4.58bn | $3.81bn | $3.85bn | $2.77bn |
| Cash and short-term investments | $352.4m | $649.8m | $648.3m | $638.1m | $474.7m | $673.1m | $199.5m | $142.5m | $70.9m | $98.6m |
| Total liabilities | $4.77bn | $4.65bn | $5.30bn | $6.18bn | $6.82bn | $1.86bn | $1.87bn | $1.58bn | $1.90bn | $1.22bn |
| Debt | $2.51bn | $2.68bn | $3.24bn | $3.92bn | $4.13bn | $778.5m | $850.6m | $750.6m | $1.07bn | $617.8m |
| Shareholders' equity | $10.51bn | $9.55bn | $9.22bn | $8.17bn | $7.62bn | $3.23bn | $2.71bn | $2.23bn | $1.95bn | $1.55bn |
| Shares outstanding | 47m | 48m | 48m | 48m | 48m | 38m | 38m | 37m | 37m | 36m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | $1.19bn | $1.19bn | $836.1m | $486.8m | $824.6m | $618.9m | $482.1m | $446.9m | $374.7m | $317.0m |
| Capital spending | −$117.3m | −$83.7m | −$114.9m | −$92.6m | −$101.6m | −$71.4m | −$88.4m | −$86.8m | −$58.5m | −$87.6m |
| Free cash flow | $1.07bn | $1.11bn | $721.2m | $394.2m | $723.0m | $547.5m | $393.7m | $360.1m | $316.2m | $229.4m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.66bn | $1.56bn | $1.61bn | $1.54bn | $1.51bn | $1.45bn | $1.50bn | $1.44bn |
| Gross profit | $738.1m | $616.2m | $691.2m | $659.5m | $644.6m | $619.5m | $642.7m | $619.6m |
| Operating income | $333.2m | $294.2m | $329.5m | $282.8m | $278.2m | $259.3m | $289.6m | $270.7m |
| Net income | $251.7m | $226.8m | $275.6m | $220.7m | $209.9m | $188.6m | $198.5m | $262.0m |
| Diluted earnings per share | 5.37 | 4.84 | 5.84 | 4.65 | 4.43 | 3.99 | 4.20 | 5.50 |
| Cash from operations | — | $234.0m | $379.0m | $343.0m | $226.0m | $242.0m | $332.0m | $249.0m |
| Capital spending | — | −$29.0m | −$39.0m | −$29.0m | −$30.0m | −$18.0m | −$29.0m | −$21.0m |
| Free cash flow | — | $205.0m | $340.0m | $314.0m | $196.0m | $224.0m | $303.0m | $228.0m |
| Total assets | $15.28bn | $15.49bn | $15.29bn | $15.37bn | $15.14bn | $15.05bn | $14.20bn | $14.53bn |
| Cash and short-term investments | $340.1m | $521.4m | $352.4m | $528.6m | $310.9m | $461.5m | $649.8m | $561.0m |
| Debt | — | $2.48bn | $2.51bn | $2.53bn | $2.62bn | $2.96bn | $2.65bn | $2.80bn |
| Shareholders' equity | $10.92bn | $10.70bn | $10.51bn | $10.56bn | $10.38bn | $9.93bn | $9.55bn | $9.59bn |
Financial ratios
Data as of 22 Sept 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Gross margin | 39.2% | 42.9% | 43.3% | 42.7% | 39.9% | 38.3% |
| Operating margin | 18.8% | 17.4% | 18.4% | 17.8% | 13.5% | 15.6% |
| Net margin | 14.6% | 14.4% | 15.7% | 14.4% | 9.7% | 13.0% |
| Return on equity | 8.5% | 8.6% | 9.6% | 9.7% | 5.8% | 12.4% |
| Return on assets | 5.9% | 5.8% | 6.1% | 5.5% | 3.1% | 7.9% |
| Free cash flow yield | 4.6% | 4.4% | 3.3% | 2.0% | 3.2% | 3.0% |
| Revenue growth | 7.9% | 0.6% | 3.2% | 18.3% | 49.5% | -2.4% |
| Earnings growth | 9.2% | -7.5% | 12.3% | 77.1% | 10.8% | -0.1% |
| Current ratio | 1.64x | 2.33x | 1.69x | 1.85x | 1.64x | 2.26x |
| Debt to equity | 0.24x | 0.28x | 0.35x | 0.48x | 0.54x | 0.24x |
| Equity ratio | 68.8% | 67.2% | 63.5% | 56.9% | 52.8% | 63.5% |
| Interest coverage | 19.29x | 17.08x | 13.40x | 10.88x | 6.88x | 31.38x |
| R&D as a share of sales | 5.2% | 5.2% | 6.3% | 6.5% | 6.5% | 6.4% |
| Buybacks as a share of market value | 0.8% | 0.6% | -0.2% | -0.2% | -25.5% | -0.5% |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 3.9% | 14.7% | 10.3% |
| Operating income | 5.8% | 19.1% | 15.1% |
| Net income | 4.3% | 17.4% | 16.4% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 41.0% | 42.0% | 41.3% | 40.4% |
| Operating margin | 18.1% | 18.1% | 17.2% | 16.1% |
| Net margin | 14.5% | 14.8% | 13.9% | 12.8% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | 26.9 | 27.0 | 24.1 | 24.2 | 46.8 | 37.1 | 32.6 | 23.1 | 29.3 | 23.1 |
| Price to sales | 3.9 | 3.9 | 3.8 | 3.5 | 4.5 | 4.8 | 4.1 | 2.6 | 2.5 | 2.0 |
Market value over time
31 Oct 2016 to 21 Sept 2026, in USD
$3.83bn$28.57bn
Share price return
Finished calendar years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Return | 10% | 7% | 10% | -5% | 9% | 11% | 74% | 8% | 46% | 42% |
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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