TDYNYSESearch, Detection, Navigation, Guidance, Aeronautical SysFiscal year ends January 3
TELEDYNE TECHNOLOGIES INC
Financials through Q2 FY2026, quarter ended Jun 28, 2026Last filing: 10-Q on Jul 24, 2026
$619.76+1.16 (+0.19%)
Close on Oct 19, 2026
- Market cap
- $29.07B
- P/E (TTM)
- 30.0
- Dividend yield
- –
Margins
Share of revenue, fiscal years 2011 to 2025
Gross margin
42.8%+4.5 pts over 5 years
Operating margin
18.8%+3.2 pts over 5 years
Net margin
14.6%+1.6 pts over 5 years
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | +7.9% | +3.9% | +14.7% | +10.3% | |
| Gross profit | +7.4% | +3.9% | +17.2% | +11.6% | |
| Operating income | +16.2% | +5.8% | +19.1% | +15.1% | |
| Net income | +9.2% | +4.3% | +17.4% | +16.4% | |
| EPS, diluted | +9.7% | +4.5% | +12.2% | +13.3% | |
| Free cash flow | -3.1% | +39.7% | +14.4% | +20.7% |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2016 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | 13.2% | 13.5% | 8.9% | |
| Return on assets | 7.0% | 8.3% | 6.1% | |
| Current ratio | 1.69 | 2.26 | 1.64 | |
| Debt to equity | 0.39 | 0.24 | 0.24 | |
| Net debt to EBITDA | 1.57× | 0.18× | 1.43× | |
| Interest coverage | 10.2× | 31.4× | 19.3× | |
| Inventory turnover | 4.3× | 5.1× | 3.6× | |
| Capex to revenue | 4.1% | 2.3% | 1.9% | |
| Diluted shares | 36M | 38M | 47M |
Where the cash went
Fiscal 2021 to 2025, five years combined
Teledyne Technologies generated $4.53B from operations and spent $1.27B on capital expenditure, dividends and share buybacks. 40% of that went back into the business.
Generated
$4.53B
Used
$1.27B
Capital expenditure$510.10M40%Dividends$00%Share buybacks$756.90M60%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin14.6%
×Asset turnover0.41×
×Equity multiplier1.47×
=Return on equity, FY20258.9%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | 14.6% | 0.41× | 1.47× | 8.9% |
| FY2024 | 14.4% | 0.39× | 1.53× | 8.7% |
| FY2023 | 15.7% | 0.39× | 1.66× | 10.2% |
| FY2022 | 14.4% | 0.38× | 1.82× | 10.0% |
| FY2021 | 9.7% | 0.47× | 1.80× | 8.2% |
| FY2020 | 13.0% | 0.64× | 1.63× | 13.5% |
| FY2019 | 12.7% | 0.75× | 1.70× | 16.3% |
| FY2018 | 11.5% | 0.76× | 1.83× | 16.0% |
| FY2017 | 8.7% | 0.79× | 1.89× | 13.0% |
| FY2016 | 8.9% | 0.78× | 1.89× | 13.2% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
7of 9 tests passed in fiscal 2025. Scores of 7 to 9 are usually read as strong.
- ProfitableNet income above zero$894.80M
- Cash generatingOperating cash flow above zero$1.19B
- Return on assets improvedROA up on the prior year5.6% → 6.3%
- Earnings backed by cashOperating cash flow above net income$1.19B vs $894.80M
- Less leverageLong-term debt to assets fell18.7% → 13.2%
- Better liquidityCurrent ratio rose2.33 → 1.64
- No dilutionShare count did not rise48M → 47M
- Gross margin improvedGross margin up on the prior year42.94% → 42.76%
- More efficientAsset turnover rose0.39 → 0.43