— Know what they know.
/
Not Investment Advice

TDY

NYSE · USD
Teledyne Technologies Incorporated
Technology · Hardware, Equipment & Parts
CEO George C. Bobb Employees 15,800 R&D / revenue 5.2%
Last price
$618.60−0.21%last session
Market cap
$28.7B
P/E (TTM)
29.8x
From 52w high
−11.3%
From 52w low
+28.1%
1-year return
+10.1%
RSI 14 · vs SMA200
53.0 · −1.6%
IS score
68.2/ 100
Factor model across 8 sub-scores, ranked against 3,010 US stocks. Describes the business, not the outlook.
Download full factsheet (PDF)

One year, rebased to 100

TDY   SPY   XLK (sector ETF) · weekly closes
100120140Jan 26Apr 26Jul 26Oct 26XLK 129SPY 116TDY 110

Score DNA

Each bar is a 0-100 score within the scored universe
51
Profitability
54
Growth
49
Value
83
Momentum
100
Risk (safety)
84
Quality
71
Balance sheet
75
Earnings quality

Flags

Strengths
✓ Piotroski 8+
Warnings
None of the computed warning flags fires for TDY (Altman, Beneish, accruals, FCF, dilution).
Observations
Moat model: None, Efficient ScalePiotroski 9 / 9Altman Z 5.5Beta 0.912 of 4 smart-money sources active

Smart-money strip

Each disclosure source on its own window. Filings coinciding is not coordination.
INSForm 4 · 180 days
Insider open-market buys
0
5 open-market sales, $4.7M
Form 144 notices (12m): 5, $13.9M proposed, not confirmed sales
CONGSTOCK Act · 180 days
Congressional purchases
0
No disclosed purchases
Members disclose in ranges, 30-45 days after the trade
13F13F · quarter to 2026-06-30
Net change in institutional holders
+44
127 new holders, 78 closed
893 filers hold 96.9% · 275 added, 330 trimmed
ETFETF holdings · 30 days
Net funds accumulating
+176
920 funds adding shares
744 funds trimming · counts of funds, not dollars
DARKFINRA · daily
Short-sale share of off-exchange volume
57.7%
20-day avg 48.2%, 50-day avg 46.5%
Latest 9.5 pp over its 20-day average · a flow, not short interest

Key financials · FY2025

USD, fiscal year. Stock-based compensation is non-cash; shown against FCF.
Income statement
Revenue$6.1B
Revenue growth YoY+7.9%
Gross margin39.2%
Operating income$1.1B
Operating margin18.8%
Net income$894.8M
Net margin14.6%
EPS (diluted)$18.88
Cash flow
Operating cash flow$1.2B
Capital expenditure$117.3M
Free cash flow$1.1B
FCF conversion (FCF / OCF)90.2%
Stock-based compensation$39.6M
FCF less SBC$1.0B
Buybacks$402.9M
Dividends$0
Balance sheet & returns
Cash & short-term investments$352.4M
Total debt$2.5B
Net debt$2.1B
Shareholders' equity$10.5B
Goodwill & intangibles$10.8B
Debt / equity0.19
ROE (TTM)9.1%
ROIC (TTM)7.3%
Operating margin by fiscal year
13.5%FY202117.8%FY202218.4%FY202317.4%FY202418.8%FY2025
Revenue $4.6B (FY2021) to $6.1B (FY2025), a 7.3% CAGR.

Valuation

P/E (TTM)29.8x
EV / EBITDA19.1x
Price / sales4.50x
Price / FCF25.1x
FCF yield3.98%
Buyback yield1.41%
SBC / revenue0.3%
Price / book2.66x
Forward P/E FY202625.0x
Forward P/E FY202626.0x
Forward P/E FY202723.1x
Forward multiples divide today's price by Street EPS estimates. Street mean target $745.00 across 6 analysts last quarter is theirs, not ours.

TDY vs industry median

183 companies in Hardware, Equipment & Parts
Gross margin 39.0% 35.9% Operating margin 19.4% 4.0% Net margin 15.3% 1.9% ROIC 7.3% 7.1%
TDY (TTM)Industry median Asset turnover 0.42 vs industry 0.67 · financial leverage 1.40

Earnings delivery

Next report 2026-10-21 · consensus EPS $6.16
92%
beat rate, 11 of 12 quarters
+4.4%
median EPS surprise
9
longest beat streak
+6+8-2+2+3+6+1+3+2+8+6+8
EPS surprise in % vs the consensus at the time, oldest (left) to newest, 2023-10-25 to 2026-07-22. Bars cap at ±60%.

Peers

Market-cap band, not the industry cohort above
CompanyMkt capP/EROENet marginRev growth12m return
TDY Teledyne Technologies Incorp $28.7B29.8x9.1%15.3%+7.9% +10.1%
JBL Jabil Inc. $29.2B28.2x66.7%3.7%+20.6% +32.8%
FLEX Flex Ltd. $33.4B34.9x18.4%3.6%+12.2% +42.8%
CLS Celestica Inc. $38.3B31.3x52.7%7.8%+47.5% +8.6%
COHR Coherent, Inc. $45.9B53.5x8.5%11.8%+22.5% +100.8%
FTV Fortive Corporation $17.5B33.6x6.5%14.3%−29.8% —
GRMN Garmin Ltd. $54.9B29.2x21.9%26.8%+13.5% —
KEYS Keysight Technologies, Inc. $56.4B45.6x20.5%21.5%+25.5% —
12-month window: SPY +15.9%, sector ETF XLK +29.0%. Past returns describe history only.

Recent 8-K filings

2026-10-02Officer/Director Change; Exhibits
2026-09-28Officer/Director Change; Exhibits
2026-08-10Regulation FD; Exhibits
2026-07-22Earnings Release; Exhibits
2026-04-23Officer/Director Change; Bylaws Amendment; Shareholder Vote; Other Events; Exhibits
2026-04-22Earnings Release; Exhibits

Context

Shares outstanding46,355,672
Free float99.1%
Institutional ownership96.9%
Beta0.91
Dividend yield0.00%
Last dividendNone on file
50 / 200-day average$625.54 / $628.01
Large-cap Technology median P/E34.8x

Full factsheet

The PDF carries everything on this page plus the cash-allocation waterfall, Form 144 notices, 13F holder detail, dark-pool and short-flow history, seasonality and the moat assessment (None).

Read it in the browser Download (PDF)

All fundamentals · 140 measures in 13 categories

Percentile = where TDY sits among 41 scored companies in Hardware, Equipment & Parts (0 = lowest value, 100 = highest). It is a position, not a grade.
ValuationProfitability (TTM)Returns on capitalGrowthMargin history & stabilityLiquidity (latest quarter)Leverage & solvency (latest quarter)EfficiencyCash flow & earnings qualityDividends & buybacksScores & forensic checksPer shareSize (TTM)

Valuation

MeasureTDYIndustry medianIndustry percentileSector median
P/E (TTM) 29.4x 36.2x
30th		 32.0x
PEG (P/E ÷ 3-yr EPS CAGR) 3.27 1.39
70th		 1.36
Price / sales 4.5x 3.4x
62nd		 3.9x
Price / book 2.6x 3.7x
25th		 4.4x
Price / tangible book 107.5x 8.9x
100th		 8.8x
Price / free cash flow 25.1x 25.4x
47th		 20.3x
Price / operating cash flow 22.6x 24.7x
46th		 17.9x
Enterprise value $30.4B $7.9B
80th		 $5.5B
EV / sales 4.8x 3.7x
68th		 4.1x
EV / EBITDA 19.1x 19.1x
50th		 18.9x
EV / EBIT 24.4x 26.4x
39th		 26.7x
EV / free cash flow 26.6x 27.7x
47th		 21.9x
Earnings yield 3.4% 2.4%
75th		 2.0%
FCF yield 4.0% 3.0%
62nd		 3.3%
Operating cash flow yield 4.4% 3.6%
57th		 4.4%
Graham number (per share) $329.96 $54.04
100th		 $28.08

Profitability (TTM)

MeasureTDYIndustry medianIndustry percentileSector median
Gross margin 39.0% 39.0%
50th		 55.7%
EBITDA margin 24.9% 15.0%
82nd		 13.7%
Operating margin 19.4% 12.6%
88th		 8.2%
EBIT margin 19.5% 12.3%
85th		 8.6%
Net margin 15.3% 8.1%
82nd		 5.7%
NOPAT margin 15.9% 10.0%
85th		 7.0%
FCF margin 17.9% 10.8%
88th		 15.0%
Operating cash flow margin 19.9% 13.4%
80th		 18.4%
R&D / revenue 5.3% 4.4%
56th		 12.9%
SG&A / revenue 15.1% 17.1%
38th		 25.6%
Stock comp / revenue 0.3% 1.3%
3rd		 4.4%
Effective tax rate 18.4% 20.5%
44th		 21.0%

Returns on capital

MeasureTDYIndustry medianIndustry percentileSector median
ROE (on average equity) 9.2% 11.5%
40th		 9.4%
ROA 6.4% 5.5%
62nd		 4.1%
ROIC 8.0% 11.9%
32nd		 9.0%
ROCE 9.0% 9.9%
35th		 8.6%
Return on tangible assets 8.2% 8.0%
52nd		 5.9%
Cash ROIC (OCF / invested capital) 10.1% 14.6%
18th		 20.7%
Gross profitability (GP / assets) 16.3% 22.4%
32nd		 30.0%
ROIC, 3-yr average 6.2% 10.9%
34th		 7.4%
ROIC, 5-yr average 6.5% 10.1%
33rd		 7.9%
ROE, 5-yr average 8.9% 9.8%
42nd		 6.9%
Incremental ROIC -636.5% 12.5%
3rd		 15.3%

Growth

MeasureTDYIndustry medianIndustry percentileSector median
Revenue growth (TTM YoY) 7.9% 15.9%
26th		 14.3%
Revenue growth (QoQ) 6.6% 8.9%
30th		 6.6%
Revenue CAGR, 3 yr 4.5% 4.2%
54th		 9.6%
Revenue CAGR, 5 yr 12.8% 6.7%
86th		 11.5%
Gross profit CAGR, 3 yr 1.1% 5.8%
17th		 10.9%
Operating income CAGR, 3 yr 6.8% 10.3%
44th		 11.3%
Net income growth (TTM YoY) 13.5% 38.3%
30th		 21.6%
Net income CAGR, 3 yr 8.2% 7.3%
59th		 9.9%
EPS growth (TTM YoY) 14.7% 19.7%
40th		 22.3%
EPS CAGR, 3 yr 9.0% 9.0%
48th		 11.2%
EPS CAGR, 5 yr 20.9% 9.9%
81st		 12.0%
FCF growth (TTM YoY) 19.8% 25.7%
41st		 24.6%
FCF CAGR, 3 yr 12.7% 12.6%
52nd		 19.3%
Operating cash flow CAGR, 3 yr 12.2% 10.1%
59th		 17.9%
Book value CAGR, 3 yr 9.1% 7.1%
59th		 6.8%
Dividend CAGR, 3 yr —
Sustainable growth rate 9.2% 12.6%
42nd		 14.2%

Margin history & stability

MeasureTDYIndustry medianIndustry percentileSector median
Gross margin, 3-yr average 41.7% 36.4%
74th		 53.2%
Operating margin, 3-yr average 18.5% 11.2%
89th		 6.6%
Net margin, 3-yr average 15.2% 6.4%
84th		 5.2%
FCF margin, 3-yr average 17.1% 11.4%
84th		 12.7%
Revenue stability (0-1) 0.88 0.57
84th		 0.87
Earnings stability (0-1) 0.84 0.41
92nd		 0.45
Margin stability (0-1) 0.95 0.94
55th		 0.95

Liquidity (latest quarter)

MeasureTDYIndustry medianIndustry percentileSector median
Cash & short-term investments $340.1M $403.3M
42nd		 $494.1M
Net cash (− = net debt) −$1.7B −$55.9M
18th		 $49.8M
Working capital $1.7B $789.7M
78th		 $391.0M
Current ratio 2.18 2.29
45th		 1.92
Quick ratio 1.39 1.65
32nd		 1.67
Cash ratio (cash + ST investments / current liabilities) 0.23 0.67
15th		 0.95
Defensive interval (days) 498 days 789 days
28th		 521 days

Leverage & solvency (latest quarter)

MeasureTDYIndustry medianIndustry percentileSector median
Total debt $2.0B $299.3M
75th		 $349.3M
Debt / equity 0.19 0.25
40th		 0.29
Net debt / equity 0.15 0.02
65th		 −0.13
Debt / assets 13.3% 13.4%
48th		 16.9%
Debt / capital 15.7% 19.9%
40th		 22.3%
Debt / EBITDA 1.28 1.78
42nd		 1.78
Net debt / EBITDA 1.06 0.18
69th		 −0.18
Interest coverage (EBIT / interest) 24.6x 7.1x
91st		 5.8x
Cash interest coverage 25.1x 10.3x
91st		 12.8x
Debt payback (years of OCF) 1.6 yrs 1.8 yrs
43rd		 1.6 yrs
Liabilities / assets 28.5% 40.2%
38th		 48.7%
IS credit model rating AA+ — —
Implied credit spread (bps) 65 125
0th		 175

Efficiency

MeasureTDYIndustry medianIndustry percentileSector median
Asset turnover 0.42 0.60
12th		 0.62
Fixed asset turnover 7.64 6.18
60th		 9.25
Inventory turnover 3.5 3.4
56th		 3.8
Receivables turnover 5.5 5.9
32nd		 6.2
Days sales outstanding 66 days 62 days
68th		 59 days
Days inventory outstanding 104 days 108 days
44th		 94 days
Days payables outstanding 44 days 60 days
20th		 46 days
Cash conversion cycle (days) 126 days 108 days
62nd		 50 days
Capex / revenue 2.0% 2.6%
31st		 2.3%
Capex / depreciation 0.38 0.77
18th		 0.56
Operating expense ratio 24.4% 25.2%
45th		 44.3%

Cash flow & earnings quality

MeasureTDYIndustry medianIndustry percentileSector median
Operating cash flow / net income 1.30 1.38
39th		 1.61
FCF / net income 1.17 1.13
55th		 1.33
FCF / operating cash flow 89.8% 80.2%
89th		 88.0%
Capex / operating cash flow 10.2% 19.8%
11th		 12.0%
Accruals ratio -1.9% -3.4%
70th		 -6.3%
Sloan accruals ratio 1.5% 1.3%
52nd		 -1.8%
Earnings quality score (0-1) 1.00 1.00
36th		 0.75

Dividends & buybacks

MeasureTDYIndustry medianIndustry percentileSector median
Dividend yield 0.0% 0.0%
0th		 0.0%
Dividend per share (TTM) $0.00 $0.00
0th		 $0.00
Payout ratio (dividends / net income) 0.0% 0.0%
0th		 0.0%
Dividends / FCF 0.0% 2.0%
0th		 0.0%
Dividend growth (YoY) —
Buyback yield 1.4% 0.2%
65th		 1.2%
Shareholder yield (dividends + buybacks) 1.4% 0.9%
60th		 1.7%
Share count change (YoY) -1.1% 0.2%
23rd		 0.1%
Buybacks, last 5 years $1.4B $171.0M
85th		 $215.3M

Scores & forensic checks

MeasureTDYIndustry medianIndustry percentileSector median
IS score 68 61
82nd		 56
IS profitability 51 44
75th		 40
IS growth 54 67
33rd		 65
IS value 49 39
80th		 39
IS momentum 83 81
54th		 78
IS risk (safety) 100 100
28th		 100
IS quality 84 71
90th		 67
IS balance sheet 71 72
42nd		 72
IS earnings quality 75 70
78th		 61
IS cash flow 72 61
82nd		 66
Piotroski F-score (0-9) 9 6
95th		 6
Altman Z-score 5.5 6.7
40th		 4.0
Beneish M-score −2.59 −2.50
33rd		 −2.58
Ohlson O-score −9.99 −8.21
20th		 −8.00
IS credit score 93 77
90th		 69

Per share

MeasureTDYIndustry medianIndustry percentileSector median
EPS, diluted (TTM) $20.78 $2.41
100th		 $0.84
Book value per share $232.80 $25.00
100th		 $9.77
Tangible book per share $5.81 $10.81
30th		 $3.22
Revenue per share $135.91 $31.39
92nd		 $13.00
FCF per share $24.35 $2.86
100th		 $1.78
Operating cash flow per share $27.11 $4.66
100th		 $2.40
Cash per share $7.25 $7.59
48th		 $4.50

Size (TTM)

MeasureTDYIndustry medianIndustry percentileSector median
Market cap $28.7B $6.5B
80th		 $4.7B
Revenue $6.4B $2.3B
78th		 $1.2B
EBITDA $1.6B $300.6M
85th		 $185.8M
Net income $974.8M $174.8M
85th		 $84.9M
Free cash flow $1.1B $180.0M
88th		 $170.6M
Total assets $15.3B $3.6B
88th		 $2.4B
Shareholders' equity $10.9B $1.6B
95th		 $1.1B
Employees 15,800 7,806
65th		 3,000

Insider transactions, last 6 months

Form 4 · most recent 12
DateInsiderTypeSharesPriceValueOwned after
2026-08-12Von Schack Wesley W
Director
 Open-market sale 468$686.63$321,34310,902
2026-08-12Lorne Simon M
Director
 Open-market sale 3,451$679.74$2.3M58,781
2026-08-12Lorne Simon M
Director
 Open-market sale 2,000$680.18$1.4M56,781
2026-08-12Lorne Simon M
Director
 Open-market sale 40$681.79$27,27256,741
2026-08-12Lorne Simon M
Director
 Open-market sale 958$682.81$654,13455,783
2026-04-22Vanwees Jason
Vice Chairman
 Option exercise 126——2,770
2026-04-22Vanwees Jason
Vice Chairman
 Tax withholding 65——2,705
2026-04-22Vanwees Jason
Vice Chairman
 Award / grant 2,415$656.69$1.6M2,415
2026-04-22Vanwees Jason
Vice Chairman
 Award / grant 272$656.69$178,620272
2026-04-22Vanwees Jason
Vice Chairman
 Option exercise 126——254
2026-04-22Mehrabian Robert
Director, Executive Chairman
 Award / grant 5,633$656.69$3.7M5,633
2026-04-22Cibik Melanie Susan
EVP, GenCounsel, CCO & Sec.
 Award / grant 2,138$656.69$1.4M2,138

Shares acquired vs disposed, by month

acquired disposed · all Form 4 types
AprAug

By transaction type, 6 months

TypeDirectionFilingsSharesValue
Award / grantAcquired1522,250$12.9M
Open-market saleDisposed56,917$4.7M
Option exerciseAcquired1126—
Option exerciseDisposed1126—
Tax withholdingDisposed165—
Awards, option exercises and tax withholding are compensation mechanics; open-market buys and sales are the discretionary ones.

Form 144 notices

12 months: 5 notices · 21,417 shares · $13.9M
FiledFilerShares proposedEst. proceeds
2026-08-12Von Schack Wesley W468$321,343
2026-08-12Smith Michael T3,000$2.0M
2026-08-12Lorne Simon M6,449$4.5M
2026-02-03Vanwees Jason7,500$4.6M
A Form 144 is notice of a proposed sale, not a confirmed one.

Congress trades

12 months: House 16 trades (0 purchases) · Senate 1 (0 purchases)
TradedMemberChamberTypeAmountDisclosed
2026-09-25Ro KhannaHouseSale$1,001 - $15,0002026-10-09
2026-08-25April DelaneyHouseSale$15,001 - $50,0002026-09-10
2026-08-25April McClain DelaneyHouseSale$15,001 - $50,0002026-09-10
2026-08-24April DelaneyHouseSale$1,001 - $15,0002026-09-10
2026-03-27Alan ArmstrongSenateSale$50,001 - $100,0002026-07-21
2021-01-13Tommy TubervilleSenateSale (Full)$50,001 - $100,0002021-07-23
2021-01-13Tommy TubervilleSenateSale (Full)$50,001 - $100,0002021-07-22
2021-01-13Thomas Hawley TubervilleSenateSale (Full)$50,001 - $100,0002021-07-22
STOCK Act disclosures, in ranges, filed up to 45 days after the trade.

Largest 13F holders

Quarter to 2026-06-30, the latest most managers have filed
ManagerSharesValue% of shares out
BlackRock, Inc.4,125,237$2.8B8.90%
PRICE T ROWE ASSOCIATES INC /MD/3,169,159$2.1B6.84%
VANGUARD CAPITAL MANAGEMENT LLC3,028,715$2.0B6.53%
VANGUARD PORTFOLIO MANAGEMENT LLC2,384,161$1.6B5.14%
STATE STREET CORP2,265,326$1.5B4.89%
FIL Ltd1,834,853$1.2B3.96%
DODGE & COX1,612,837$1.1B3.48%
Jupiter Topco LLC1,540,313$1.0B3.32%
Aristotle Capital Management, LLC1,515,404$1.0B3.27%
GEODE CAPITAL MANAGEMENT, LLC1,317,273$877.6M2.84%
KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT LLC1,016,296$677.8M2.19%
JPMORGAN CHASE & CO943,119$604.7M2.03%
NORGES BANK826,081$550.9M1.78%
Invesco Ltd.651,535$434.5M1.41%
BANK OF AMERICA CORP /DE/610,193$406.9M1.32%

Institutional ownership by quarter

2023-092026-0696.9%
% of shares held by 13F filers
2023-092026-06893
Number of 13F filers holding

Holder changes by quarter

QuarterHoldersOwnershipNewIncreasedReducedClosed
2026-06-3089396.9%12727533078
2026-03-3184994.0%12830126775
2025-12-3180893.7%11027227877
2025-09-3079392.9%11327425171
2025-06-3076293.1%9030924376
2025-03-3175993.3%10126525959
2024-12-3172792.8%11625224449
2024-09-3066890.8%6426522166
2024-06-3067691.8%8027221757
2024-03-3166293.3%8128018459
2023-12-3164892.6%10721921449
2023-09-3059992.0%6621920078

Schedule 13D / 13G filers

FiledFormFiler% of classShares
2026-04-30SCHEDULE 13GVanguard Capital Management7.5%3,489,014
2026-04-29SCHEDULE 13GVanguard Portfolio Management5.1%2,384,961
2026-01-30SCHEDULE 13G/AThe Vanguard Group12.7%5,977,777
2025-08-14SCHEDULE 13G/AT. Rowe Price Associates, Inc.6.7%3,126,015
Required above 5% of a class; 13G is the passive form.

ETFs with the largest holding

ETFWeight in fundHolding value
VITSX0.04%$890.2M
VTSAX0.04%$890.2M
VSMPX0.04%$890.2M
VTI0.04%$890.2M
VOO0.04%$739.4M
VFIAX0.04%$739.4M

Share structure

Shares outstanding46,355,672
Float45,960,193
Free float99.1%

Income statement

Fiscal years, USD
FY2021FY2022FY2023FY2024FY2025
Revenue$4.6B$5.5B$5.6B$5.7B$6.1B
Cost of revenue$2.8B$3.1B$3.2B$3.2B$3.7B
Gross profit$1.8B$2.3B$2.4B$2.4B$2.4B
R&D$0$352.2M$356.3M$292.6M$317.3M
SG&A$1.1B$804.0M$852.0M$902.6M$920.2M
Operating income$624.3M$972.0M$1.0B$989.1M$1.1B
EBITDA$996.4M$1.3B$1.4B$1.3B$1.5B
Pretax income$533.8M$908.1M$958.9M$937.9M$1.1B
Income tax$88.5M$119.2M$72.3M$117.2M$198.8M
Net income$445.3M$788.6M$885.7M$819.2M$894.8M
EPS, diluted$10.05$16.53$18.49$17.21$18.88
Diluted shares44.3M47.7M47.9M47.6M47.4M

Balance sheet

FY2021FY2022FY2023FY2024FY2025
Cash & short-term investments$474.7M$638.1M$648.3M$649.8M$352.4M
Receivables$1.1B$1.2B$1.2B$1.2B$1.4B
Inventory$752.9M$890.7M$917.7M$914.4M$1.0B
Total current assets$2.4B$2.8B$3.0B$2.9B$3.1B
PP&E, net$827.5M$769.8M$777.0M$745.2M$839.1M
Goodwill & intangibles$10.7B$10.3B$10.3B$10.0B$10.8B
Total assets$14.4B$14.4B$14.5B$14.2B$15.3B
Accounts payable$469.5M$505.7M$384.7M$416.4M$486.6M
Total current liabilities$1.5B$1.5B$1.8B$1.3B$1.9B
Long-term debt$4.1B$3.6B$2.6B$2.6B$2.0B
Total liabilities$6.8B$6.2B$5.3B$4.6B$4.8B
Shareholders' equity$7.6B$8.2B$9.2B$9.6B$10.5B

Cash flow statement

Outflows are negative
FY2021FY2022FY2023FY2024FY2025
Net income$445.3M$788.9M$886.6M$820.7M$894.8M
Depreciation & amortization$371.8M$332.2M$316.4M$309.9M$336.3M
Stock-based compensation$33.9M$31.5M$32.3M$37.7M$39.6M
Change in working capital−$56.9M−$655.6M−$397.6M−$28.9M−$80.3M
Operating cash flow$824.6M$486.8M$836.1M$1.2B$1.2B
Capital expenditure−$101.6M−$92.6M−$114.9M−$83.7M−$117.3M
Free cash flow$723.0M$394.2M$721.2M$1.1B$1.1B
Investing cash flow−$3.8B−$175.4M−$190.3M−$207.2M−$937.9M
Net debt issued / repaid$2.8B−$174.8M−$678.9M−$600.6M−$163.8M
Buybacks$0$0$0−$354.0M−$402.9M
Dividends paid$0$0$0$0$0

Ratio history

Margins on the fiscal-year (TTM at Q4) basis; multiples at each year end
FY2021FY2022FY2023FY2024FY2025
Gross margin39.9%42.7%43.3%42.9%39.2%
Operating margin13.5%17.8%18.4%17.4%18.8%
Net margin9.7%14.4%15.7%14.4%14.6%
FCF margin15.7%7.2%12.8%19.5%17.6%
ROE8.2%10.0%10.2%8.7%8.9%
ROIC4.6%7.4%8.1%7.5%7.3%
ROA4.6%5.5%6.1%5.7%6.1%
Debt / equity0.540.480.350.280.25
Interest coverage6.1x11.0x13.4x17.2x19.4x
Current ratio1.621.851.692.331.64
Revenue growth+49.5%+18.3%+3.2%+0.6%+7.9%
EPS growth−11.7%+76.7%+12.1%−6.9%+10.2%
P/E at year end46.8x24.2x24.1x27.0x27.3x
EV / EBITDA at year end24.2x17.0x17.8x18.5x17.9x
FCF yield at year end3.47%2.06%3.37%5.02%4.40%
Dividend payout0.0%0.0%0.0%0.0%0.0%

Revenue by segment

FY2021FY2022FY2024FY2025
Digital Imaging$2.4B$3.1B$3.1B$3.2B
Instrumentation$1.2B$1.3B$1.4B$1.5B
Aerospace and Defense Electronics$628.7M$682.4M$776.8M$1.1B
Engineered Systems$405.8M$411.3M$439.8M$435.7M

Revenue by region · FY2025

Europe$1.5B · 52%
Asia$894.4M · 30%
Other Geographical Areas$512.4M · 17%

Street estimates by fiscal year

Next report 2026-10-21 · consensus EPS $6.16 · these are analysts' numbers, not ours
Fiscal yearRevenue (mean)Revenue rangeEPS (mean)EPS rangeAnalystsP/E on mean EPS
2026$6.6B$6.6B – $6.6B$24.74$24.68 – $24.82725.0x
2026$6.4B$6.4B – $6.4B$23.75$23.53 – $23.95726.0x
2027$6.9B$6.9B – $7.0B$26.79$26.65 – $27.14723.1x

Reported vs expected, every quarter on file

ReportedEPS expectedEPS actualEPS surpriseRevenue expectedRevenue actualRevenue surprise
2026-07-22$5.79$6.28+8.5%$1.6B$1.7B+5.3%
2026-04-22$5.48$5.80+5.8%$1.5B$1.6B+3.0%
2026-01-21$5.83$6.30+8.1%$1.6B$1.6B+2.7%
2025-10-22$5.47$5.57+1.8%$1.5B$1.5B+0.8%
2025-07-23$5.05$5.20+3.0%$1.5B$1.5B+2.6%
2025-04-23$4.92$4.95+0.6%$1.4B$1.4B+1.1%
2025-01-22$5.22$5.52+5.7%$1.5B$1.5B+3.6%
2024-10-23$4.97$5.10+2.6%$1.4B$1.4B+1.9%
2024-07-24$4.50$4.58+1.8%$1.4B$1.4B+1.1%
2024-04-24$4.63$4.55−1.7%$1.4B$1.3B−3.2%
2024-01-24$5.04$5.44+7.9%$1.5B$1.4B−2.8%
2023-10-25$4.76$5.05+6.1%$1.5B$1.4B−3.9%
2023-07-26$4.64$4.67+0.6%$1.4B$1.4B+0.9%
2023-04-26$4.43$4.53+2.3%$1.4B$1.4B+0.8%
2023-01-25$4.54$4.94+8.8%$1.4B$1.4B+0.3%
2022-10-26$4.29$4.54+5.8%$1.4B$1.4B−0.1%
2022-07-27$4.38$4.43+1.1%$1.4B$1.4B−0.2%
2022-04-27$3.97$4.27+7.6%$1.3B$1.3B−0.3%
2022-01-27$4.24$4.56+7.5%$1.4B$1.4B+1.1%
2021-10-27$3.68$4.34+17.9%$1.3B$1.3B+1.5%
2021-07-28$2.94$4.61+56.8%$1.3B$1.1B−13.2%
2021-04-28$2.59$3.02+16.6%$785.5M$805.7M+2.6%
2021-01-27$3.11$3.48+11.9%—$809.3M—
2020-10-21$2.36$2.48+5.1%$712.8M$749.0M+5.1%

Off-exchange (dark pool) volume, weekly

FINRA ATS, $ billions · through the week of 2026-08-31 (FINRA publishes with a delay)
0.206-150.206-220.306-290.307-060.307-130.707-200.507-270.408-030.308-100.208-170.208-240.208-31
Week ofNotionalSharesTrades
2026-08-31$161.8M265,43624,908
2026-08-24$197.1M314,20423,813
2026-08-17$199.6M307,05824,193
2026-08-10$310.9M455,08531,160
2026-08-03$408.8M599,04533,407
2026-07-27$457.7M708,54434,185

Short-sale share of off-exchange volume

daily 20-day average
07-2310-1557.7%
DateShort shareShort volumeTotal volume
2026-10-1557.7%55,88396,846
2026-10-1454.3%50,09592,339
2026-10-1356.1%49,01287,417
2026-10-1253.4%36,42368,191
2026-10-0949.4%32,74866,260
2026-10-0843.9%71,968163,846
2026-10-0747.5%52,356110,338
2026-10-0646.6%30,28364,998
2026-10-0546.1%28,05460,816
2026-10-0245.6%28,14861,774
A daily flow measure from FINRA, not short interest.

Seasonality

Average return by calendar month
-0.5Jan+1.1Feb+2.4Mar+3.1Apr+0.0May-0.5Jun+4.7Jul+1.7Aug+0.7Sep+1.0Oct+3.4Nov+1.8Dec
MonthAvg returnUp yearsYears
Jan−0.5%55%20
Feb+1.1%65%20
Mar+2.4%81%21
Apr+3.1%60%20
May+0.0%45%20
Jun−0.5%45%20
Jul+4.7%75%20
Aug+1.7%70%20
Sep+0.7%55%20
Oct+1.0%65%20
Nov+3.4%65%20
Dec+1.8%50%20
History, not a forecast.

Indicators

as of 2026-10-16
RSI 1453.0
MFI51.7
ADX20.3
Stochastic %K / %D61.2 / 53.1
Williams %R-31.0
CCI117
TSI / signal-2.5 / -8.5
Chaikin money flow0.06
ATR$11.53
Bollinger width3.5%
Volume vs 20-day avg0.79x
SupertrendDown

Moving averages and bands

level (price vs level)
SMA 20$612.93 (+0.9%)
SMA 50$624.16 (−0.9%)
SMA 200$628.51 (−1.6%)
EMA 21$613.53 (+0.8%)
EMA 50$619.81 (−0.2%)
EMA 200$613.24 (+0.9%)
Bollinger upper$623.61 (−0.8%)
Bollinger lower$602.26 (+2.7%)
Parabolic SAR$600.14 (+3.1%)
Open the live chart, 110+ indicators

About Teledyne Technologies Incorporated

Teledyne Technologies Incorporated develops and supplies advanced technologies primarily for industrial sectors experiencing growth, serving customers across the United States, Canada, the United Kingdom, Belgium, the Netherlands, and other international markets. The company's Instrumentation division provides sophisticated monitoring and control equipment for use in marine environments, environmental management, various industrial processes, and other specialized applications. It also offers electronic tools for testing and measurement, alongside connectivity devices for power and communication within distributed instrumentation setups and sensor networks. Its Digital Imaging segment specializes in a broad range of imaging solutions. This includes visible spectrum sensors and digital cameras vital for industrial machine vision, automated quality control, as well as medical, research, and scientific purposes. Additionally, it offers infrared and X-ray imaging technologies for industrial, governmental, and healthcare applications. The segment also produces microelectromechanical systems (MEMS) and semiconductors, such as analog-to-digital and digital-to-analog converters. Complementing these, it delivers complete thermal and visible-light imaging systems, locator systems, measurement and diagnostic tools, and threat detection solutions. The Aerospace and Defense Electronics segment is dedicated to supplying electronic components and subsystems, along with communication products. This encompasses defense-specific electronics, specialized environmental interconnects, data acquisition and communication gear for aircraft, components for wireless and satellite communication systems, and batteries for general aviation. Finally, the Engineered Systems segment provides comprehensive systems engineering, integration services, technology development, and manufacturing capabilities for applications in defense, space exploration, environmental protection, and energy. It also designs and manufactures advanced electrochemical energy systems and associated electronics specifically for military use. Teledyne Technologies promotes and sells its diverse portfolio of products and services through a combination of its dedicated internal sales teams and a network of external sales representatives and distributors. The company, established in 1960, maintains its corporate headquarters in Thousand Oaks, California.

https://www.teledyne.com

Key executives

NameTitlePayBorn
Robert MehrabianExecutive Chairman$3.9M1941
George C. BobbPresident, Chief Executive Officer & Director$1.9M1975
Jason VanWeesVice Chairman$1.3M1972
Stephen Finis BlackwoodChief Financial Officer & Executive Vice President$1.2M1963
Melanie Susan CibikExecutive Vice President, General Counsel, Secretary & Chief Compliance Officer$1.2M1960
Cynthia Y. BelakSenior VP & Controller—1957
Jason W. ConnellSenior Vice President of Human Resources & Associate General Counsel—1976
Luis ArrietaVP & Treasurer——

Executive pay, latest proxy

ExecutiveYearSalaryStock awardsIncentiveTotal
Robert Mehrabian Executive Chairman2025$1.1M$1.0M$2.5M$9.8M
George C. Bobb III President and Chief Executive Officer (Principal Executive Officer)2025$816,827$601,546$1.1M$4.3M
Edwin Roks Former Chief Executive Officer (former Principal Executive Officer) (through April 28, 2025)2025$610,451$1.0M$852,307$4.0M
Jason VanWees Vice Chairman2025$589,923$540,779$703,542$2.6M
Stephen F. Blackwood Executive Vice President and Chief Financial Officer (Principal Financial Officer)2025$609,538$391,267$591,520$2.2M
Melanie S. Cibik Executive Vice President, General Counsel, Chief Compliance Officer & Secretary2025$577,385$417,497$566,944$2.1M

Employees

10k201711k201812k201911k202114k202215k202315k202416k2025

Dividends

Ex-dateAmountPaid
None on file.

Moat model

None · Efficient Scale · 2026-06-28
Cost advantage30
Intangibles14
Switching costs12
Network effect50
Efficient scale85
Our component scores (0-100) and overall 32.8; a model of the business, not a call on the stock.
InsiderStreet reports findings from filings and market data. Nothing on this page is a recommendation to buy or sell.Every figure is computed in code · data as of 2026-10-17

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