Saturday 17 October 2026
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Teledyne Technologies Incorporated
TDY Technology Scientific & Technical Instruments
Teledyne Technologies Incorporated’s revenue for fiscal 2025 (year ended December 2025) was $6.1 billion, up 7.86% from fiscal 2024. In the quarter to June 2026, revenue grew 9.83%, EPS grew 21.2%, free cash flow grew 45.0% and total debt fell 22.6%, each against the same quarter a year earlier. Member of the S&P 500; revenue growth for five consecutive years.
618.60
1.31
−0.21%
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Target Price Range
Analyst price targets
Free accountTen years at a glance Fiscal years to December
| Group | Line | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Trend | 2026e | 2027e | 2028e |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Price, $ | |||||||||||||||
| Price, $ | Low | 73.66 | 119.67 | 172.80 | 198.15 | 195.34 | 350.01 | 325.00 | 364.98 | 355.41 | 419.00 |
Analyst estimates 2026–2028 Powerpack |
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| High | 129.36 | 186.54 | 250.87 | 351.53 | 398.99 | 465.40 | 493.97 | 448.71 | 492.00 | 595.99 | |||||
| People | |||||||||||||||
| People | Employees | 8,970 | 6,760 | 10,850 | 11,790 | 10,670 | 14,500 | 14,700 | 14,900 | 14,900 | 15,800 | ||||
| Revenue/emp, $m | 0.24 | 0.39 | 0.27 | 0.27 | 0.29 | 0.32 | 0.37 | 0.38 | 0.38 | 0.39 | |||||
| Income, $m | |||||||||||||||
| Income, $m | Revenue | 2,150 | 2,604 | 2,902 | 3,164 | 3,086 | 4,614 | 5,459 | 5,636 | 5,670 | 6,115 | ||||
| Gross margin, % | 38.16 | 37.63 | 38.28 | 39.30 | 38.26 | 39.91 | 42.69 | 43.29 | 42.94 | 42.76 | |||||
| EBT | 241 | 287 | 394 | 474 | 470 | 534 | 908 | 959 | 938 | 1,095 | |||||
| EBT margin, % | 11.22 | 11.02 | 13.57 | 14.97 | 15.22 | 11.57 | 16.64 | 17.02 | 16.54 | 17.90 | |||||
| Net income | 191 | 227 | 334 | 402 | 402 | 445 | 789 | 887 | 821 | 896 | |||||
| Depreciation | 87 | 113 | 113 | 112 | 116 | 372 | 333 | 316 | 362 | 336 | |||||
| Per share, $ | |||||||||||||||
| Per share, $ | Revenue | 62.14 | 73.97 | 81.06 | 87.15 | 84.09 | 106.81 | 116.64 | 119.65 | 120.64 | 130.67 | ||||
| Earnings | 5.37 | 6.26 | 9.01 | 10.73 | 10.62 | 10.05 | 16.53 | 18.49 | 17.21 | 18.88 | |||||
| Cash flow | 9.16 | 10.64 | 12.48 | 13.28 | 16.86 | 19.09 | 10.40 | 17.75 | 25.36 | 25.46 | |||||
| Capex | (2.53) | (1.66) | (2.42) | (2.44) | (1.95) | (2.35) | (1.98) | (2.44) | (1.78) | (2.51) | |||||
| Free cash flow | 6.63 | 8.98 | 10.06 | 10.85 | 14.92 | 16.74 | 8.42 | 15.31 | 23.58 | 22.95 | |||||
| Book value | 44.92 | 55.32 | 62.28 | 74.79 | 87.97 | 176.44 | 174.56 | 195.78 | 203.18 | 224.66 | |||||
| Shares, m | 35 | 35 | 36 | 36 | 37 | 43 | 47 | 47 | 47 | 47 | |||||
| Valuation, × | |||||||||||||||
| Valuation, × | P/E | 23.18 | 29.54 | 22.98 | 32.33 | 36.94 | 44.09 | 24.25 | 23.69 | 26.94 | 27.01 | ||||
| P/S | 2.00 | 2.49 | 2.55 | 3.98 | 4.66 | 4.09 | 3.44 | 3.66 | 3.85 | 3.91 | |||||
| P/B | 2.76 | 3.33 | 3.32 | 4.63 | 4.46 | 2.48 | 2.30 | 2.24 | 2.28 | 2.27 | |||||
| EV/Sales | 2.24 | 2.88 | 2.76 | 4.18 | 4.70 | 4.88 | 4.04 | 4.12 | 4.20 | 4.26 | |||||
| EV/FCF | 20.97 | 23.69 | 22.27 | 33.61 | 26.47 | 31.16 | 55.91 | 32.22 | 21.49 | 24.23 | |||||
| Cash, $m | |||||||||||||||
| Cash, $m | Operating cash flow | 317 | 375 | 447 | 482 | 619 | 825 | 487 | 836 | 1,192 | 1,191 | ||||
| Capex | (88) | (58) | (87) | (88) | (71) | (102) | (93) | (115) | (84) | (117) | |||||
| Free cash flow | 229 | 316 | 360 | 394 | 548 | 723 | 394 | 721 | 1,108 | 1,074 | |||||
| Balance, $m | |||||||||||||||
| Balance, $m | Working capital | 344 | 471 | 394 | 551 | 962 | 931 | 1,295 | 1,215 | 1,683 | 1,196 | ||||
| Total debt | 618 | 1,073 | 748 | 851 | 779 | 4,127 | 3,921 | 3,245 | 2,649 | 2,475 | |||||
| Net debt | 519 | 1,002 | 605 | 651 | 105 | 3,653 | 3,283 | 2,597 | 1,999 | 2,123 | |||||
| Shareholders’ equity | 1,554 | 1,947 | 2,230 | 2,715 | 3,229 | 7,622 | 8,169 | 9,221 | 9,549 | 10,514 | |||||
| Returns, % | |||||||||||||||
| Returns, % | ROA | 6.95 | 6.86 | 8.72 | 9.59 | 8.32 | 4.56 | 5.48 | 6.13 | 5.70 | 6.07 | ||||
| ROIC | 7.25 | 6.82 | 9.19 | 9.13 | 9.00 | 3.46 | 5.30 | 5.47 | 5.35 | 5.69 | |||||
| ROE | 13.17 | 12.98 | 15.98 | 16.27 | 13.52 | 8.21 | 9.99 | 10.19 | 8.73 | 8.92 | |||||
Negative figures in brackets.
Fiscal years to Dec 2025 · latest quarter Jun 2026
Charts ten years each
Teledyne Technologies Incorporated vs peers in Scientific & Technical Instruments (Q) = latest quarter vs a year earlier
| Company | Market cap | P/E | Fwd P/E | Revenue growth (Q) | EPS growth (Q) | FCF growth (Q) | Gross margin (Q) | EBIT margin (Q) | Compare |
|---|---|---|---|---|---|---|---|---|---|
| KEYS Keysight Technologies Inc. | $58.2B | 45.1× | 45.6× | +36.54% (above 0%: growing) | +109.91% (above 0%: growing) | +40.21% (above 0%: growing) | 65.87% | 24.97% | Compare |
| GRMN Garmin Ltd. | $55.0B | 29.3× | 25.0× | +11.44% (above 0%: growing) | +35.10% (above 0%: growing) | +116.30% (above 0%: growing) | 62.41% | 30.44% | Compare |
| COHR Coherent Corp. | $49.4B | 53.5× | 62.6× | +33.74% (above 0%: growing) | n/m | −45,512.10% (below 0%: shrinking) | 38.48% | 14.58% | Compare |
| TDY Teledyne Technologies Incorporated | $28.7B | 29.9× | 29.7× | +9.83% (above 0%: growing) | +21.22% (above 0%: growing) | +45.03% (above 0%: growing) | 44.40% | 20.04% | |
| FTV Fortive Corporation | $17.5B | 33.6× | 30.8× | +7.91% (above 0%: growing) | +6.12% (above 0%: growing) | −9.82% (below 0%: shrinking) | 63.39% | 19.14% | Compare |
| MKSI MKS Inc. | $15.5B | 32.9× | 37.4× | +28.26% (above 0%: growing) | +181.52% (above 0%: growing) | +38.97% (above 0%: growing) | 47.68% | 20.11% | Compare |
| TRMB Trimble Inc. | $14.2B | — (loss-making) | 24.1× | +11.00% (above 0%: growing) | n/m | +492.59% (above 0%: growing) | 69.43% | 13.58% | Compare |
| CGNX Cognex Corporation | $9.4B | 51.5× | 42.7× | +16.93% (above 0%: growing) | +79.17% (above 0%: growing) | +67.25% (above 0%: growing) | 70.65% | 29.36% | Compare |
| ESE ESCO Technologies Inc. | $7.8B | 20.5× | 46.9× | +14.40% (above 0%: growing) | +24.75% (above 0%: growing) | −22.12% (below 0%: shrinking) | 41.74% | 14.80% | Compare |
| Median of peers | $16.5B | 33.6× | 40.1× | +15.67% | +57.14% | +39.59% | 62.90% | 19.62% |
TDY metrics, ten years each
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score
Teledyne Technologies Incorporated (TDY) key facts
- Strength: Teledyne Technologies Incorporated’s revenue for fiscal 2025 (year ended December 2025) was $6.1 billion, up 7.86% from fiscal 2024.
- Strength: Net income was $895.7 million, or $18.88 per share (basic), a net margin of 14.6%.
- Teledyne Technologies Incorporated (TDY) is a Scientific & Technical Instruments company in the Technology sector, listed on the New York Stock Exchange.
- As of October 16, 2026, TDY traded at $618.60, a market capitalization of $28.7 billion.
- At that price the stock trades at 29.9× trailing-twelve-month earnings and 4.5× sales; its P/E is higher than 63% of its own readings over the past ten years.
- Return on equity was 8.92% and debt-to-equity 0.19.
- Its Piotroski F-score is 7 out of 9 and its Altman Z-score is 4.40 (safe zone) for fiscal 2025.