FirmAtlas
Company handbook · TDY · Prepared by FirmAtlas · firmatlas.app · printed 2026-10-16
TDY · CIK 1094285 · LATEST FILING: 10-Q JUN '26 · FILED JUL 24, 2026
TELEDYNE TECHNOLOGIES INC
$618.60
−1.31 (−0.21%)
Close, Oct 16, 2026 · 52-week $483–698
Last fiscal year
TELEDYNE TECHNOLOGIES INC reported revenue of $6.1B for the year ended Dec 28, 2025 (FY25), up 7.9% from FY24. Net income was $895M, operating cash flow $1.2B and free cash flow $1.1B. Source: 10-K filed Feb 20, 2026.
Market cap
$28.6B
P/E
29.3
EV/EBITDA
21.0x
P/B
2.6
ROIC
7.6%
Revenue 1Y
7.9%/yr
EPS 1Y
9.7%/yr
Shares 1Y
−1%
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Median
Daily closes, split-adjusted · ratios at each fiscal year end
Company
CEOGeorge C. Bobb III
HQThousand Oaks, CA
AuditorDeloitte & Touche LLP
Employees15,800
Year endsJanuary
Revenue by segment · FY25
Digital Imaging52%
Instrumentation24%
Aerospace And Defense Electronics17%
Engineered Systems7%
Compounded growth & averages
10Y
5Y
3Y
TTM
Share price
19.6%
7.6%
14.8%
10.2%
Upgrade to see 10 years
Share price: yearly compound rate of the traded close; the last column is the past year.
Where the cash went · FY24–FY25
$1.9B deployed
Capex
$201M
10.6%
Acquisitions
$945M
49.7%
Buybacks
$757M
39.8%
Operating cash flow over the period: $2.4B. Total debt changed by +$276M. R&D of $610M is already inside operating costs.
Growth engines
How much of the profit growth came from new investment, and how much from running the business better.
Upgrade to see 10 years
Financials
Last 2 years · Upgrade to see 10 years · USD millions · each year opens its 10-K · FY25 = year ended Dec 28, 2025 · change vs previous year
Last 4 quarters · USD millions · quarter-end month shown · change vs same quarter a year earlier
TTM = the last four quarters, to Jun '26. Balance-sheet rows show that latest quarter. “—” where the quarters do not add up to the annual figures. No TTM for cash: our quarterly rows do not hold short-term investments yet, and annual cash includes them.
Income
Revenue
5,670
6,115+7.9%
6,374
YoY
+7.9%
Gross profit
2,435
2,615+7.4%
2,763
Gross margin
42.9%
42.8%−0.2 pp
—
Operating income
989
1,150+16.2%
1,240
Operating margin
17.4%
18.8%+1.4 pp
—
EBITDA
1,299
1,486+14.4%
—
EBITDA margin
22.9%
24.3%+1.4 pp
—
Interest expense
58
60+2.9%
—
Interest coverage
22.44x
24.93x+2.50x
—
Net income
819
895+9.2%
975
YoY
+9.2%
Net margin
14.4%
14.6%+0.2 pp
—
EPS (diluted, $)
17.21
18.88+9.7%
20.84
YoY
+9.7%
Balance sheet
Total assets
14,200
15,285+7.6%
15,280
Cash & short-term investments
650
352−45.8%
—
Accounts receivable
901
992+10.1%
—
Inventory
914
1,043+14.1%
—
Net PP&E
745
839+12.6%
—
Other assets
10,990
12,058+9.7%
—
Total liabilities
4,651
4,771+2.6%
4,362
Accounts payable
416
487+16.9%
—
Total debt
2,649
2,926+10.4%
2,027
Other liabilities
1,585
1,359−14.3%
—
Shareholders’ equity
9,549
10,514+10.1%
10,918
Total liabilities = total assets − shareholders’ equity, so it includes minority interest where a company has one.
Cash flow statement · as filed
Cash from operations
1,192
1,191−0.1%
1,271
Net income
821
896+9.1%
—
Depreciation & amortization
310
336+8.5%
—
Working capital & other
61
(41)−166.4%
—
Cash from investing
(207)
(938)n/m
—
Capex
(84)
(117)n/m
—
Acquisitions
(124)
(821)n/m
—
Other investing
0.2
0.8+300.0%
—
Cash from financing
(946)
(555)n/m
—
Buybacks
(354)
(403)n/m
—
Shares issued
38
49+28.8%
—
Other financing
(630)
(201)n/m
—
Net change in cash
2
(297)−19926.7%
—
Free cash flow (OCF − capex)
1,108
1,074−3.1%
1,142
Where the cash went
Operating cash flow
1,192
1,191−0.1%
1,271
Reinvested in the business
207
939+352.6%
—
% of operating cash flow
17.4%
78.8%
Capex
84
117+40.1%
129
Acquisitions
124
821+564.0%
—
R&D (memo, already in costs)
293
317+8.4%
—
Free cash flow
1,108
1,074−3.1%
1,142
YoY
−3.1%
Returned to shareholders
354
403+13.8%
—
% of free cash flow
31.9%
37.5%
Buybacks
354
403+13.8%
—
Change in total debt
—
276
—
Cash left over
—
126
—
FCF conversion (FCF ÷ net income)
135.3%
120.0%−15.3 pp
—
Owner earnings
—
964
—
Owner earnings margin
—
15.8%
—
Returns & ratios
ROIC (all capital)
7.5%
7.6%+0.1 pp
—
ROIC (operating)
40.4%
41.5%+1.2 pp
—
Net debt / EBITDA
1.54x
1.73x+0.19x
—
Debt / equity
0.28x
0.28x+0.00x
—
Cash conversion cycle (days)
114
117+3 d
—
ROE
8.6%
8.5%−0.1 pp
—
ROA
5.8%
5.9%+0.1 pp
—
ROCE
7.6%
8.6%+0.9 pp
—
NOPAT
866
941+8.7%
—
Invested capital (operating)
2,144
2,388+11.4%
—
Invested capital (all)
11,549
13,087+13.3%
—
Reinvestment rate
—
25.9%
—
Debtor days
58
59+1 d
—
Inventory days
103
109+6 d
—
Days payable
47
51+4 d
—
Income
Sep '25
Dec '25
Mar '26
Jun '26
Revenue
1,540
1,612
1,560
1,662
vs year-ago quarter
Gross profit
660
691
674
738
Gross margin
42.8%
42.9%
43.2%
44.4%
Operating income
283
329
294
333
Net income
221
276
227
252
vs year-ago quarter
Net margin
14.3%
17.1%
14.5%
15.1%
EPS (diluted, $)
4.65
5.97
4.85
5.37
vs year-ago quarter
Balance sheet
Sep '25
Dec '25
Mar '26
Jun '26
Total assets
15,369
15,285
15,493
15,280
Cash & equivalents
529
352
521
340
Total debt
2,984
2,926
2,926
2,027
Shareholders’ equity
10,561
10,514
10,704
10,918
Cash flow
Sep '25
Dec '25
Mar '26
Jun '26
Operating cash flow
343
379
234
315
Capex
29
40
30
31
Free cash flow
314
339
204
285
vs year-ago quarter