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Teledyne Technologies Incorporated TDY SPX

Technology · Scientific & Technical Instruments · United States
https://www.teledyne.com

Teledyne Technologies Incorporated provides enabling technologies for industrial growth markets in the United States, Europe, Asia, and internationally. The Digital Imaging provides visible spectrum sensors and digital cameras; and infrared, ultraviolet, visible, and X-ray spectra products, as well as micro electromechanical systems and semiconductors, including analog-to-digital and digital-to-analog converters. This segment offers cooled and uncooled infrared or thermal products, including sensors, camera cores, and camera systems; high-resolution, low-dose X-ray sensors, high-power microwave, and high-energy X-ray subsystems; and instruments for the measurement of physical properties and maritime products, as well as develops and manufactures multi-spectrum electro-optic/infrared imaging systems and associated products, such as lasers, optics, and radars, CBRNE (Chemical, Biological, Radiological, Nuclear and Explosive detectors), and unmanned air and ground systems. The Instrumentation segment provides monitoring, control, and electronic test and measurement equipment; and power and communications connectivity devices for distributed instrumentation systems and sensor networks. The Aerospace and Defense Electronics segment offers electronic and optical components and subsystems, data acquisition and communications components and equipment, harsh environment interconnects, general aviation batteries and other components; and onboard avionics systems and ground-based applications, aircraft data and connectivity solutions, hardware systems, and software applications. The Engineered Systems segment provides systems engineering, integration and advanced technology development, and complex manufacturing solutions for defense, space, environmental, and energy applications; and designs and manufactures electrochemical energy systems and specialty electronics for military applications. The company was founded in 1960 and is headquartered in Thousand Oaks, California.

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$619.83
+24.25% 1Y

Market & Price

Market Cap
$28.72B
Current Price
$619.83
High / Low (52W)
$688.59 / $484.47
Beta
0.97

Valuation

Stock P/E
31.45
Industry PE
32.74
Forward P/E
23.79
PEG Ratio
1.40
Book Value
$227.65
Price to Book
2.72
P/S
4.61
EV/EBITDA
19.94
Dividend Yield
-

Profitability & Returns

ROCE
8.60%
ROE
9.05%
ROA
4.89%
Profit Margin
14.99%
Op Margin
19.03%
EPS (Latest Qtr)
$4.85
EPS (TTM)
$19.71

Balance Sheet & Liquidity

Debt/Equity
0.23
Quick Ratio
1.01
Current Ratio
1.76
Debt
$2.48B
Total Assets
$15.29B
Current Assets
$3.06B
Working Capital
$1.20B

Ownership

Promoter Holding
0.86%
Chg in Prom Hold
-
FII / Inst Holding
100.43%
Chg in FII Hold
-0.00%

Financial Snapshot

Enterprise Value
$30.67B
Total Revenue (TTM)
$6.23B
EBITDA
$1.54B
Free Cash Flow
$760.56M
Operating Cash Flow
$1.18B
Shares Outstanding
46.33M
Gross Margin
42.87%
Payout Ratio
0.00%

Growth (CAGR)

Revenue 5Y
3.86%
Profit 5Y
4.30%
Revenue (YoY)
7.60%
Earnings (YoY)
21.60%

PROS

  • Generates positive free cash flow.
  • In a confirmed uptrend (50-DMA above 200-DMA).

CONS

No notable concerns flagged.

* The pros and cons are auto-generated from financial metrics.

Price Chart

Robinhood TradingView StockAnalysis

Fundamental Growth

Figures from the latest reported periods. CAGR is computed across the displayed window (quarterly CAGR is annualised assuming 4 quarters per year).

Peer comparison

Peer companies in the same sector (Technology).

#NameCMP $P/E Mkt CapDiv Yld % ROCE %ROE % Rev CAGR 5Y %Profit CAGR 5Y %
1 TDY Teledyne Technologies Incorporated SPX 619.83 31.45 $28.72B - 8.60% 9.05% 3.86% 4.30%
2 NVDA NVIDIA Corporation NDXSPXAI 211.14 32.38 $5.11T 0.47% 81.14% 114.29% 100.05% 201.80%
3 AAPL Apple Inc. NDXSPX 312.06 37.73 $4.58T 0.35% 68.72% 141.47% 1.81% 3.92%
4 MSFT Microsoft Corporation NDXSPXAI 450.24 26.82 $3.34T 0.81% 26.37% 34.01% 12.42% 11.87%
5 TSM Taiwan Semiconductor Manufacturing Company Limited AI 418.45 35.86 $2.17T 0.91% 32.04% 36.21% 18.94% 19.57%
6 MU Micron Technology, Inc. NDXSPXAI 971.00 45.87 $1.10T 0.06% 14.20% 39.82% 6.71% -0.57%
7 AMD Advanced Micro Devices, Inc. NDXSPXAI 516.10 172.61 $841.55B - 6.33% 8.06% 13.64% 48.64%
8 ORCL Oracle Corporation SPXAI 225.78 40.46 $649.35B 0.89% 13.07% 57.57% 10.59% 22.81%
9 ASML ASML Holding N.V. NDXAI 1,612.76 53.76 $621.59B 0.54% 43.81% 52.24% 15.55% 19.55%
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Quarterly Results

Figures in USD.

Metric Sep 2015Jan 2016Apr 2016Jul 2016Oct 2016Jan 2017Apr 2017Jul 2017Oct 2017Dec 2017Apr 2018Jul 2018Sep 2018Dec 2018Mar 2019Jun 2019Sep 2019Dec 2019Mar 2020Jun 2020Sep 2020Jan 2021Apr 2021Jul 2021Oct 2021Apr 2022Jul 2022Oct 2022Apr 2023Jul 2023Oct 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Revenue ------566.10M671.10M662.20M704.40M695.60M732.50M725.30M748.40M745.20M782.00M802.20M834.20M784.60M743.30M749.00M809.30M805.70M1.12B1.31B1.32B1.36B1.36B1.38B1.42B1.40B1.35B1.37B--1.45B1.51B1.54B1.61B1.56B
Cost of Revenue -----------------------------------830.40M869.10M880.00M921.10M886.30M
Gross Profit 209.60M221.60M---------------------------------619.50M644.60M659.50M691.20M673.80M
Operating Expenses -----------------------------------360.20M366.40M376.70M361.70M379.60M
Operating Income 69.50M76.00M60.90M53.60M68.80M70.50M54.80M82.80M89.50M94.60M88.40M111.50M105.50M111.20M97.30M131.90M128.70M133.80M104.00M109.80M122.50M143.80M135.20M104.40M189.60M223.50M229.50M245.20M242.50M256.10M264.30M234.30M247.00M--259.30M278.20M282.80M329.50M294.20M
EBITDA -----------------------------------340.00M364.70M367.30M418.40M381.40M
Interest Expense ----------------------------------------
Pretax Income -----------------------------------238.90M260.60M273.80M321.20M278.70M
Tax Provision -----------------------------------50.10M50.20M52.90M45.60M51.90M
Net Income 48.30M55.50M39.00M46.90M52.00M53.00M30.50M60.10M69.00M67.60M66.50M85.90M90.30M91.10M75.30M104.60M106.70M115.70M82.20M93.70M93.90M132.10M84.70M64.70M134.10M212.60M171.30M178.30M178.70M185.30M198.60M178.50M180.20M--188.60M209.90M220.70M275.60M226.80M
Diluted EPS 1.341.571.111.331.461.480.841.661.901.841.812.322.432.452.022.802.843.062.172.482.483.482.231.482.814.463.593.743.733.874.153.723.77--3.994.434.655.844.85
R&D Expense -------------------------------76.50M71.70M73.00M-74.30M82.40M83.40M-84.60M

Profit & Loss (Annual)

Figures in USD.

Metric Dec 2008Jan 2010Jan 2011Jan 2012Dec 2012Dec 2013Dec 2014Jan 2016Jan 2017Dec 2017Dec 2018Dec 2019Jan 2021Dec 2021Jan 2022Dec 2022Jan 2023Dec 2023Dec 2024Dec 2025
Revenue --------2.15B2.60B2.90B3.16B3.09B-4.61B5.46B5.46B5.64B5.67B6.12B
Cost of Revenue ---------------3.13B-3.20B3.24B3.50B
Gross Profit ---------------2.33B-2.44B2.43B2.61B
Operating Expenses ---------------1.36B-1.41B1.39B1.47B
Operating Income 198.60M171.40M178.50M227.20M243.10M240.30M294.50M281.70M240.50M321.70M416.60M491.70M480.10M-624.30M972.40M972.00M1.03B1.04B1.15B
EBITDA ---------------1.33B-1.35B1.31B1.49B
Interest Expense ---------------89.30M-77.30M57.90M59.60M
Pretax Income ---------------908.10M-958.90M937.90M1.09B
Tax Provision ---------------119.20M-72.30M117.20M198.80M
Net Income -113.30M120.50M255.20M164.10M185.00M217.70M195.80M190.90M227.20M333.80M402.30M401.90M-445.30M788.60M788.60M885.70M819.20M894.80M
Diluted EPS 3.053.103.276.844.394.875.755.445.376.269.0110.7310.62-10.0516.5316.5318.4917.2118.88
R&D Expense ----------------352.20M356.30M292.60M317.30M

Compounded Sales Growth

5 Years:3.86%
1 Year:7.60%

Compounded Profit Growth

5 Years:4.30%
1 Year:21.60%

Stock Price Performance

1 Year:+24.25%
6 Months:+24.52%
3 Months:-9.00%
1 Month:-1.70%

Balance Sheet (Annual)

Figures in USD.

Metric Dec 2007Dec 2008Jan 2010Jan 2011Jan 2012Dec 2012Dec 2013Dec 2014Jan 2016Jan 2017Dec 2017Dec 2018Dec 2019Jan 2021Dec 2021Jan 2022Dec 2022Jan 2023Dec 2023Dec 2024Dec 2025
Total Assets --1.42B1.56B1.83B2.41B2.75B2.86B2.72B2.77B3.85B3.81B4.58B5.08B-14.43B14.35B14.35B14.53B14.20B15.29B
Current Assets ----------------2.82B-2.98B2.94B3.06B
Cash & Equivalents 13.40M20.40M26.10M75.10M49.40M45.80M66.00M141.40M85.10M98.60M70.90M142.50M199.50M673.10M-474.70M638.10M638.10M648.30M649.80M352.40M
Inventory ----------------890.70M-917.70M914.40M1.04B
Receivables ----------------883.70M-899.70M901.10M992.40M
Total Liabilities --754.10M770.80M842.00M1.20B1.23B1.39B1.37B1.22B1.90B1.58B1.87B1.86B-6.81B6.18B6.18B5.30B4.65B4.77B
Current Liabilities --326.00M341.20M334.20M407.30M418.10M539.00M393.60M501.80M540.60M720.80M763.20M760.90M-1.50B1.52B1.52B1.77B1.26B1.86B
Long Term Debt ---------509.70M1.06B610.10M750.00M680.90M-4.10B3.62B3.62B2.64B2.65B2.03B
Total Debt ----------------3.92B-3.24B2.79B2.64B
Total Equity --666.50M786.00M979.30M1.15B1.47B1.43B1.34B1.55B1.95B2.23B2.71B3.23B-7.62B8.17B8.17B9.22B9.55B10.51B
Shares Outstanding ----------------47.19M-47.33M47.43M47.42M

Cash Flows (Annual)

Figures in USD.

Metric Dec 2008Jan 2010Jan 2011Jan 2012Dec 2012Dec 2013Dec 2014Jan 2016Jan 2017Dec 2017Dec 2018Dec 2019Jan 2021Dec 2021Jan 2022Dec 2022Jan 2023Dec 2023Dec 2024Dec 2025
Operating Cash Flow 120.40M154.90M141.80M216.60M189.20M203.30M287.90M210.20M317.00M374.70M446.90M482.10M618.90M-824.60M486.80M486.80M836.10M1.19B1.19B
Investing Cash Flow -326.60M-68.70M-101.20M-271.90M-453.40M-195.00M-238.70M-109.90M-151.00M-831.20M-88.60M-571.90M-99.40M--3.82B-175.40M-175.40M-190.30M-207.20M-937.90M
Financing Cash Flow 213.20M-80.50M8.40M29.60M260.30M11.10M30.40M-145.00M-145.00M414.10M-271.30M141.70M-61.80M-2.81B-110.00M-110.00M-651.50M-945.80M-555.20M
Capital Expenditure -38.20M-33.50M-31.00M-41.70M-65.30M-72.60M-43.50M-47.00M-87.60M-58.50M-86.80M-88.40M-71.40M--101.60M-92.60M-92.60M-114.90M-83.70M-117.30M
Free Cash Flow 82.20M121.40M110.80M174.90M123.90M130.70M244.40M163.20M229.40M316.20M360.10M393.70M547.50M-723.00M394.20M394.20M721.20M1.11B1.07B
Net Change in Cash ---------------201.40M--5.70M38.90M-301.80M
Share Buybacks -800.00K-34.90M00146.60M243.80M00------00354.00M402.90M

Ratios (Annual)

Figures in %.

Metric Dec 2008Jan 2010Jan 2011Jan 2012Dec 2012Dec 2013Dec 2014Jan 2016Jan 2017Dec 2017Dec 2018Dec 2019Jan 2021Dec 2021Jan 2022Dec 2022Jan 2023Dec 2023Dec 2024Dec 2025
Gross Margin % ---------------42.7%-43.3%42.9%42.8%
Operating Margin % --------11.2%12.4%14.4%15.5%15.6%-13.5%17.8%17.8%18.4%18.4%18.8%
Net Margin % --------8.9%8.7%11.5%12.7%13.0%-9.7%14.4%14.4%15.7%14.4%14.6%
ROE % -17.0%15.3%26.1%14.3%12.6%15.3%14.6%12.3%11.7%15.0%14.8%12.4%-5.8%9.7%9.7%9.6%8.6%8.5%
ROCE % -15.6%14.7%15.2%12.2%10.3%12.7%12.1%10.6%9.7%13.5%12.9%11.1%-4.8%7.6%7.6%8.1%8.1%8.6%

Shareholding Pattern

Insiders
0.86%
Institutions
100.43%
Public Float
101.30%

Top Institutional Holders

#Holder% HeldSharesValue
1 Blackrock Inc. 8.76% 4.06M $2.52B
2 Price (T.Rowe) Associates Inc 7.41% 3.43M $2.13B
3 Vanguard Capital Management LLC 6.54% 3.03M $1.88B
4 Vanguard Portfolio Management LLC 5.14% 2.38M $1.47B
5 State Street Corporation 4.73% 2.19M $1.36B
6 FIL LTD 3.48% 1.61M $999.60M
7 Dodge & Cox Inc. 3.46% 1.60M $994.37M
8 Aristotle Capital Management, LLC 3.45% 1.60M $990.44M
9 Janus Henderson Group PLC 3.34% 1.55M $958.06M
10 Geode Capital Management, LLC 2.83% 1.31M $812.90M

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