| Nov 25 | Feb 26 | May 26 | Aug 26 | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Buy | — | — | — | — | — | — | — | — | — | — | — | — |
| Sell | — | — | — | 1 | 1 | — | — | — | — | — | 2 | — |
| total | individual payouts | |
|---|---|---|
| 2025 | ‡‡‡ |
|
| 2024 | ‡‡‡ |
|
| 2023 | ‡‡‡ |
|
| 2022 | ‡‡‡ |
|
| 2021 | ‡‡‡ |
|
| 2020 | ‡‡‡ |
|
| 2019 | ‡‡‡ |
|
| 2017 | ‡‡‡ |
|
| 2023 | 2024 | 2025 | Q'26 | |
|---|---|---|---|---|
| Cash | 648.30 | 649.80 | 352.40 | 340.10 |
| Receivables | 1,202.10 | 1,213.20 | 1,367.00 | 1,363.50 |
| Inventory | 917.70 | 914.40 | 1,043.30 | 1,166.40 |
| Other | — | — | — | — |
| 2,981.40 | 2,944.60 | 3,055.60 | 3,200.60 |
| 2023 | 2024 | 2025 | Q'26 | |
|---|---|---|---|---|
| Payables | 384.70 | 416.40 | 486.60 | 492.30 |
| ST’ Debt | 600.10 | 0.30 | 450.10 | 0.10 |
| Other | — | — | — | — |
| 1,766.10 | 1,261.60 | 1,860.10 | 1,467.40 |
| 10y | 5y | 3y | |
| Sales | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
| Cash Flow | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
| Earnings | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
| Book Value | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
| Mar | Jun | Sep | Dec | Year | |
|---|---|---|---|---|---|
| ’26 | 1,560.10 | 1,662.50 | — | — |
—
|
| ’25 | 1,449.90 | 1,513.70 | 1,539.50 | 1,612.30 |
6,115.40
|
| ’24 | 1,350.10 | 1,374.10 | 1,443.50 | 1,502.30 |
5,670.00
|
| ’23 | 1,383.30 | 1,424.70 | 1,402.50 | 1,425.00 |
5,635.50
|
| ’22 | 1,321.00 | 1,355.80 | 1,363.60 | 1,418.20 |
5,458.60
|
| ’21 | 805.70 | 1,121.00 | 1,311.90 | 1,375.70 |
4,614.30
|
| ’20 | 784.60 | 743.30 | 749.00 | 809.30 |
3,086.20
|
| Mar | Jun | Sep | Dec | Year | |
|---|---|---|---|---|---|
| ’26 | 234.00 | 315.20 | — | — |
—
|
| ’25 | 242.60 | 226.60 | 343.10 | 379.00 |
1,191.30
|
| ’24 | 291.00 | 318.70 | 249.80 | 332.40 |
1,191.90
|
| ’23 | 203.00 | 190.50 | 278.20 | 164.40 |
836.10
|
| ’22 | (216.70) | 196.90 | 268.90 | 237.70 |
486.80
|
| ’21 | 124.90 | 211.30 | 192.80 | 295.60 |
824.60
|
| ’20 | 76.40 | 155.80 | 150.30 | 236.40 |
618.90
|
| Mar | Jun | Sep | Dec | Year | |
|---|---|---|---|---|---|
| ’26 | 204.30 | 284.70 | — | — |
—
|
| ’25 | 224.60 | 196.30 | 313.90 | 339.20 |
1,074.00
|
| ’24 | 275.10 | 301.00 | 228.70 | 303.40 |
1,108.20
|
| ’23 | 178.60 | 163.20 | 255.20 | 124.20 |
721.20
|
| ’22 | (237.70) | 181.20 | 252.30 | 198.40 |
394.20
|
| ’21 | 107.30 | 190.50 | 163.60 | 261.60 |
723.00
|
| ’20 | 56.20 | 139.20 | 135.10 | 217.00 |
547.50
|
| Mar | Jun | Sep | Dec | Year | |
|---|---|---|---|---|---|
| ’26 | 4.85 | 5.37 | — | — |
—
|
| ’25 | 3.99 | 4.43 | 4.65 | 5.84 |
18.88
|
| ’24 | 3.72 | 3.77 | 5.54 | 4.20 |
17.21
|
| ’23 | 3.73 | 3.87 | 4.15 | 6.75 |
18.49
|
| ’22 | 4.46 | 3.59 | 3.74 | 4.74 |
16.53
|
| ’21 | 2.23 | 1.48 | 2.81 | 3.39 |
10.05
|
| ’20 | 2.17 | 2.48 | 2.48 | 3.48 |
10.62
|
| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 325.00 | 364.98 | 355.41 | 419.00 | — | — | — |
Low Price
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 493.97 | 448.71 | 492.00 | 595.99 | — | — | — |
High Price
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 14,700 | 14,900 | 14,900 | 15,800 | — | — | — |
Employees
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 0.37 | 0.38 | 0.38 | 0.39 | — | — | — |
Revenue/Emp
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 5,458.60 | 5,635.50 | 5,670.00 | 6,115.40 | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
Revenue
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 42.69% | 43.29% | 42.94% | 42.76% | — | — | — |
Gross Margin
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 908.10 | 958.90 | 937.90 | 1,094.50 | — | — | — |
EBT
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 16.64% | 17.02% | 16.54% | 17.90% | ‡‡‡ | ‡‡‡ | ‡‡‡ |
EBT Margin
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 788.90 | 886.60 | 820.70 | 895.70 | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
Net Income
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 332.60 | 316.40 | 362.40 | 336.30 | — | — | — |
Depreciation
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 116.64 | 119.65 | 120.64 | 130.67 | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
Revenue/Sh
|
| ‡‡‡‡ | ‡‡‡‡ | ‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 16.53 | 18.49 | 17.21 | 18.88 | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
Earnings/Sh
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 10.40 | 17.75 | 25.36 | 25.46 | ‡‡‡‡ | — | — |
Cash Flow/Sh
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (1.98) | (2.44) | (1.78) | (2.51) | ‡‡‡ | ‡‡‡ | ‡‡‡ |
Capex/Sh
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 8.42 | 15.31 | 23.58 | 22.95 | — | — | — |
Free CF/Sh
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 174.56 | 195.78 | 203.18 | 224.66 | ‡‡‡‡‡ | — | — |
Book Value/Sh
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 46.80 | 47.10 | 47.00 | 46.80 | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
Shares
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 24.25 | 23.69 | 26.94 | 27.01 | ‡‡‡‡ | ‡‡‡‡ | ‡‡‡‡ |
PE Ratio
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 3.44 | 3.66 | 3.85 | 3.91 | ‡‡‡ | ‡‡‡ | ‡‡‡ |
PS Ratio
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 2.30 | 2.24 | 2.28 | 2.27 | ‡‡‡ | ‡‡‡ | ‡‡‡ |
PB Ratio
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 4.04 | 4.12 | 4.20 | 4.26 | ‡‡‡ | ‡‡‡‡ | ‡‡‡‡ |
EV/Sales
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 55.91 | 32.22 | 21.49 | 24.23 | — | — | — |
EV/FCF
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 486.80 | 836.10 | 1,191.90 | 1,191.30 | ‡‡‡ | ‡‡‡ | ‡‡‡ |
Op' Cash Flow
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (92.60) | (114.90) | (83.70) | (117.30) | ‡‡‡‡‡ | ‡‡‡‡‡ | — |
Capex
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 394.20 | 721.20 | 1,108.20 | 1,074.00 | ‡‡‡‡‡ | — | — |
FCF
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 1,294.50 | 1,215.30 | 1,683.00 | 1,195.50 | — | — | — |
Working Cap'
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 3,920.60 | 3,244.90 | 2,649.00 | 2,475.40 | — | — | — |
Total Debt
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 3,282.50 | 2,596.60 | 1,999.20 | 2,123.00 | — | — | — |
Net Debt
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 8,169.20 | 9,221.20 | 9,549.40 | 10,513.90 | — | — | — |
Sh' Equity
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 5.48% | 6.13% | 5.70% | 6.07% | — | — | — |
ROA
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡ | ‡‡‡‡‡ | 5.30% | 5.47% | 5.35% | 5.69% | — | — | — |
ROIC
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 9.99% | 10.19% | 8.73% | 8.92% | — | — | — |
ROE
|
Teledyne Technologies (TDY) has built a compelling long-term growth profile, transforming from a $2.15 billion revenue generator in 2016 to $5.67 billion in 2024 through strategic acquisitions like the transformative $8 billion FLIR deal in 2021, which expanded its footprint in thermal imaging and defense sensors. While top-line momentum has moderated amid supply chain issues and defense budget pressures—evident in a 7% dip in net income to $821 million last year—free cash flow surged 54% to $1.11 billion, underscoring robust cash generation for R&D, debt reduction, and future bolt-ons in high-margin areas like unmanned systems.
The balance sheet stands resilient, with shareholders’ equity ballooning 514% to $9.55 billion and net debt falling 23% to $2 billion, yielding an attractive 4.7% FCF yield at current 21.5x EV/FCF multiples. Analysts project 8% revenue growth to $6.12 billion in 2025 and EPS rising 10% to $18.88, supported by margin expansion to 17.9% EBT, though gross margins ticked down slightly in 2024. Stock returns have outpaced revenue at ~6x since 2016, trading at reasonable premiums to peers.
Yet risks warrant caution: softening ROE to 8.7%, bearish insider selling totaling $18.9 million with no buys, and potential execution hurdles in space programs or geopolitics could temper upside. With defense tailwinds and M&A potential, TDY merits watch for steady performers, but balance sheet vigilance remains key amid cyclical pressures.
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