TELEDYNE TECHNOLOGIES INC TDY

Technology SIC 3812 - Search, Detection, Navigation, Guidance, Aeronautical Sys NAICS Manufacturing › Computer and Electronic Product Manufacturing › Navigational, Measuring, Electromedical, and Control Instruments Manufacturing › Search, Detection, Navigation, Guidance, Aeronautical, and Nautical System and Instrument Manufacturing derived NYSE

Teledyne Technologies Incorporated is a Delaware corporation that provides enabling technologies to sense, analyze and distribute information for industrial growth markets that require advanced technology and high reliability. These markets include aerospace and defense, factory automation, air and water quality environmental monitoring, electronics design and development, oceanographic research, deepwater oil and gas exploration and production, medical imaging and pharmaceutical research. Our products include digital imaging sensors, cameras and systems within the visible, infrared and X-ray spectra, monitoring and control instrumentation for marine and environmental applications, harsh environment interconnects, electronic test and measurement equipment, aircraft information management systems, and defense electronics and satellite communication subsystems. We also supply engineered systems for defense, space, environmental and energy applications. We believe our technological capabilities, innovation and ability to invest in the development of new and enhanced products are critical to obtaining and maintaining leadership in our markets and the industries in which we compete. We became an independent public company effective November 29, 1999.

Last close 625.41 2026-10-23
Market cap $28.99B 2026-06-28 share count
52-week range 483.02 - 697.67

Valuation FY2025 figures against the last close

P/S4.7x
P/E33.1x
P/FCF27.0x
EV/EBITDA24.5x
Dividend yield—
Diluted EPS18.88

Where the revenue comes from as reported in the latest 10-K

Revenue by geography

  • United States
  • Europe
  • Asia
  • All other
Revenue by geography, 4 categories over 3 years. The same figures are in the table below. FY2025 United States, FY2025: 3.2B (52.0%) 52% United States Europe, FY2025: 1.5B (25.0%) 25% Europe Asia, FY2025: 894.4M (14.6%) 15% Asia All other, FY2025: 512.4M (8.4%) 8% All other FY2024 United States, FY2024: 2.9B (51.8%) 52% Europe, FY2024: 1.4B (23.9%) 24% Asia, FY2024: 897.6M (15.8%) 16% All other, FY2024: 478.4M (8.4%) 8% FY2023 United States, FY2023: 2.9B (51.4%) 51% Europe, FY2023: 1.3B (23.6%) 24% Asia, FY2023: 946.8M (16.8%) 17% All other, FY2023: 460.6M (8.2%) 8%
Region FY2025FY2024FY2023
United States $3.18B $2.94B $2.90B
Europe $1.53B $1.36B $1.33B
Asia $894.4M $897.6M $946.8M
All other $512.4M $478.4M $460.6M

As the company reported it, from the “Revenue Recognition and Contract Balances - Schedule of Disaggregation of Revenue (Details)” note of its latest 10-K. Every figure here has been checked against the total revenue the same filing reported. Regions are the filer's own and are not mapped onto a standard list — one company's “Americas” and another's “United States” are different areas, and making them look comparable would mean making at least one of them wrong. Slices under 1% are folded into “Other”.

Annual financial statements

Income statement

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Revenue $6.12B$5.67B$5.64B$5.46B$4.61B$3.09B$3.16B$2.90B$2.60B$2.15B
Cost of revenue $3.50B$3.24B$3.20B$3.13B$2.77B$1.91B$1.92B$1.79B$1.62B$1.33B
Gross profit $2.61B$2.43B$2.44B$2.33B$1.84B$1.18B$1.24B$1.11B$979.8M$820.4M
R&D $317.3M$292.6M$356.3M$352.2M——————
SG&A $931.1M$902.6M$852.0M$804.0M$1.07B$662.0M$715.1M$694.2M$658.1M$579.9M
Total operating expenses $4.97B$4.68B$4.60B$4.49B$3.99B$2.61B$2.67B$2.49B$2.28B$1.91B
Operating income $1.15B$989.1M$1.03B$972.0M$624.3M$480.1M$491.7M$416.6M$321.7M$240.5M
Interest expense $59.6M$57.9M$77.3M$89.3M$90.8M$15.3M$21.0M———
Pre-tax income $1.09B$937.9M$958.9M$908.1M$533.8M$469.7M$473.7M$393.9M$287.0M$241.3M
Income tax $198.8M$117.2M$72.3M$119.2M$88.5M$67.8M$71.4M$60.1M$59.8M$50.4M
Net income $894.8M$819.2M$885.7M$788.6M$445.3M$401.9M$402.3M$333.8M$227.2M$190.9M
EPS, basic 19.1217.4318.8016.8510.3110.9511.089.326.455.52
EPS, diluted 18.8817.2118.4916.5310.0510.6210.739.016.265.37
Shares, diluted (wtd. avg.) 47.4M47.6M47.9M47.7M44.3M37.9M37.5M37.0M36.3M35.5M

Balance sheet

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Cash and equivalents $352.4M$649.8M$648.3M$638.1M$474.7M$673.1M$199.5M$142.5M$70.9M$98.6M
Receivables $992.4M$901.1M$899.7M$883.7M$767.7M$402.0M—$416.5M$389.3M$383.7M
Inventory $1.04B$914.4M$917.7M$890.7M$752.9M$347.3M$393.4M$364.3M$400.2M$314.2M
Total current assets $3.06B$2.94B$2.98B$2.82B$2.43B$1.72B$1.31B$1.11B$1.01B$846.2M
Property, plant and equipment $839.1M$745.2M$777.0M$769.8M$827.5M$489.3M$487.9M$442.6M$442.8M$340.8M
Goodwill $8.69B$7.99B$8.00B$7.87B$7.99B$2.15B$2.05B$1.74B$1.78B$1.19B
Other intangibles $2.10B$2.01B$2.28B$2.44B$2.74B$409.7M$267.3M$192.8M$242.4M$132.3M
Total assets $15.29B$14.20B$14.53B$14.35B$14.43B$5.08B$4.58B$3.81B$3.85B$2.77B
Accounts payable $486.6M$416.4M$384.7M$505.7M$469.5M$229.1M$271.1M$227.8M$191.7M$138.8M
Short-term debt $450.1M$300.0K$600.1M$300.1M$0$97.6M$100.6M$137.4M—$102.0M
Total current liabilities $1.86B$1.26B$1.77B$1.52B$1.50B$760.9M$763.2M$720.8M$540.6M$501.8M
Long-term debt $2.03B$2.65B$2.64B$3.62B$4.10B$680.9M$750.0M$610.1M$1.06B$509.7M
Total liabilities $4.77B$4.65B$5.30B$6.18B$6.81B$1.86B$1.87B$1.58B$1.90B$1.22B
Retained earnings $7.14B$6.27B$5.45B$4.56B$3.77B$3.33B$2.93B$2.52B$2.14B$1.91B
Total equity $10.51B$9.55B$9.22B$8.17B$7.62B$3.23B$2.71B$2.23B$1.95B$1.55B

Cash flow

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Operating cash flow $1.19B$1.19B$836.1M$486.8M$824.6M$618.9M$482.1M$446.9M$374.7M$317.0M
Depreciation and amortisation $119.2M$111.3M$119.1M$129.8M$115.2M$76.6M$74.5M$73.5M$65.9M$57.6M
Capital expenditure $117.3M$83.7M$114.9M$92.6M$101.6M$71.4M$88.4M$86.8M$58.5M$87.6M
Investing cash flow -$937.9M-$207.2M-$190.3M-$175.4M-$3.82B-$99.4M-$571.9M-$88.6M-$831.2M-$151.0M
Financing cash flow -$555.2M-$945.8M-$651.5M-$110.0M$2.81B-$61.8M$141.7M-$271.3M$414.1M-$145.0M
Buybacks $402.9M$354.0M$0$0—$0$0$0$0$0

Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001094285-26-000017.

Plot the figures US dollars

Income statement Revenue Cost of revenue Gross profit R&D SG&A Total operating expenses Operating income Interest expense Pre-tax income Income tax Net income EPS, basic EPS, diluted Shares, diluted (wtd. avg.)
Balance sheet Cash and equivalents Short-term investments Receivables Inventory Total current assets Property, plant and equipment Goodwill Other intangibles Total assets Accounts payable Short-term debt Total current liabilities Long-term debt Total liabilities Retained earnings Total equity
Cash flow Operating cash flow Depreciation and amortisation Stock-based compensation Capital expenditure Investing cash flow Financing cash flow Dividends paid Buybacks
  • Revenue
  • Gross profit
  • Net income
Revenue, Gross profit, Net income by fiscal year, in US dollars The same figures are in the table below this chart. 0 2B 4B 6B 8B Revenue, FY2016: 2.1B Gross profit, FY2016: 820.4M Net income, FY2016: 190.9M Revenue, FY2017: 2.6B Gross profit, FY2017: 979.8M Net income, FY2017: 227.2M Revenue, FY2018: 2.9B Gross profit, FY2018: 1.1B Net income, FY2018: 333.8M Revenue, FY2019: 3.2B Gross profit, FY2019: 1.2B Net income, FY2019: 402.3M Revenue, FY2020: 3.1B Gross profit, FY2020: 1.2B Net income, FY2020: 401.9M Revenue, FY2021: 4.6B Gross profit, FY2021: 1.8B Net income, FY2021: 445.3M Revenue, FY2022: 5.5B Gross profit, FY2022: 2.3B Net income, FY2022: 788.6M Revenue, FY2023: 5.6B Gross profit, FY2023: 2.4B Net income, FY2023: 885.7M Revenue, FY2024: 5.7B Gross profit, FY2024: 2.4B Net income, FY2024: 819.2M Revenue, FY2025: 6.1B Gross profit, FY2025: 2.6B Net income, FY2025: 894.8M FY2016 FY2017 FY2018 FY2019 FY2020 FY2021 FY2022 FY2023 FY2024 FY2025
Fiscal year FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue $2.15B $2.60B $2.90B $3.16B $3.09B $4.61B $5.46B $5.64B $5.67B $6.12B
Gross profit $820.4M $979.8M $1.11B $1.24B $1.18B $1.84B $2.33B $2.44B $2.43B $2.61B
Net income $190.9M $227.2M $333.8M $402.3M $401.9M $445.3M $788.6M $885.7M $819.2M $894.8M

Recent filings and events

  • Regulation FD disclosure Something the company told the market and had to tell everyone at once - usually a slide deck or a press release. Item 7.01
  • Results announced The quarterly or annual earnings release. Arrives four times a year from almost every company here. Item 2.02
  • Officer or director change Someone at the top arrived or left. The item covers everything from a board retirement to a chief executive being removed, and only the filing itself says which. Item 5.02
  • Charter or fiscal year changed A change to the company's governing documents, or to when its year ends. Item 5.03
  • Shareholder vote The results of the annual meeting or a special vote. Item 5.07
  • Other event The catch-all. The company chose to disclose something that fits no other item, so the content is whatever it says it is. Item 8.01
  • Results announced Item 2.02
  • Material agreement signed The company entered an agreement outside the ordinary course of business - a large contract, a credit facility, a merger agreement. Item 1.01
  • Annual report filed A new 10-K. The figures and the business description on this site come from it. Form 10-K
  • Results announced Item 2.02
  • Officer or director change Item 5.02
  • Officer or director change Item 5.02

Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.

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