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Stocks / United States / TDY · Search, Detection, Navigation, Guidance, Aeronautical Sys · NYSE

Teledyne Technologies Inc. (TDY)

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Teledyne Technologies Inc. (TDY) reported revenue of $1.7 billion for Q2 FY2026, the quarter ended 28 June 2026, up 9.8% on the same quarter a year earlier. Net income was $252 million, up 19.9% on the year, and diluted earnings per share $5.37. The figures are the company's own, from the 10-Q it filed with the SEC on 24 July 2026.

Revenue$1.7 billionup 9.8%
Net income$252 millionup 19.9%
Diluted EPS$5.37
QuarterQ2 FY2026ended 28 June 2026

Ratios

From the filings

ROE8.9%
ROCE9.6%
Operating margin19.4%
Net margin15.3%
FCF margin17.9%
Interest cover24.50
Debt to equity0.19
Cash conversion1.30
Share count, 1 year-1.1%
Sales CAGR, 3 years3.9%
Profit CAGR, 3 years4.3%
EPS, TTM$20.68

At the close of 21 September 2026

Price$609.08
Market cap$28.2 billion
Stock P/E29.45
Price to book2.59
EV / EBITDA18.92
Dividend yieldn/a
Market cap / sales4.43
52-week high$691.30
52-week low$484.47
Price, 1 year7.7%
Price CAGR, 3 years13.4%
Price CAGR, 5 years7.3%

Every figure is arithmetic on the filed lines (hover a name for the formula); the priced ones use the latest daily close, CBOE delayed quotes, daily history, by CBOE, for splits. Debt to equity here stands on long-term debt as Teledyne Technologies Inc. files it, with lease liabilities counted separately and never inside it. Nothing here is a valuation or a view.

Price, 17 September 2021 to 21 September 2026

Daily closes from CBOE delayed quotes, daily history, by CBOE, for splits; the last is 21 September 2026. P/E is the close over the trailing four quarters' EPS as filed at each filing date, on the current share count; the dashed line is the median over the range shown. Sales and margin are quarterly revenue and the operating margin from the tables above. EV/EBITDA, price to book and market cap to sales use the latest filed balance sheet and share count at each date. Drawn in your browser; the range and overlay you pick are remembered here only.

The public record on TDY

Filings22 in twelve months: 10 current reports (8-K), about 5 officer or director change; 4 results of operations; 2 other events; 1 regulation fd disclosure; 1 charter or bylaw amendment, or fiscal year change
Planned insider sales5 Form 144 notices in twelve months, $13.9 million; latest 12 August 2026
Options tapeput/call 0.3 by open interest on 23 September 2026; the straddle prices a 5.6% move to 16 October 2026
Holders10 of the followed funds hold it; largest Dodge & Cox; 4 Schedule 13D or 13G filings in twelve months
Insider trading11 sales and 0 purchases on Form 4 in twelve months
Congress5 House trades disclosed in six months
Short interest943,748 shares short, 3.79 days to cover at 31 August 2026
Documentsthe 10-K, the 10-Qs, the proxy and 4 earnings press releases, each linked

Quarterly results, the last 12 quarters

Q3 FY2023Q4 FY2023 *Q1 FY2024Q2 FY2024Q3 FY2024Q4 FY2024 *Q1 FY2025Q2 FY2025Q3 FY2025Q4 FY2025 *Q1 FY2026Q2 FY2026
Revenue1,4021,4251,3501,3741,4441,5021,4501,5141,5401,6121,5601,662
Cost of revenue797802770782824860830869880921886924
Gross profit605623580593620643620645660691674738
Gross margin43%44%43%43%43%43%43%43%43%43%43%44%
R&Dn/an/a76.571.773.071.474.382.483.477.284.690.2
SG&A29230329629629910.8234229238230237259
Operating income264272234247271237259278283330294333
Operating margin19%19%17%18%19%16%18%18%18%20%19%20%
Interest expense18.415.612.715.815.713.717.317.612.612.112.313.6
Pre-tax income246254226232255226239261274321279321
Tax rate19%-27%21%22%-3%12%21%19%19%14%19%22%
Net income199323178180262198189210221276227252
Net margin14%23%13%13%18%13%13%14%14%17%15%15%
Diluted EPS$4.15$6.74$3.72$3.77$5.54$4.18$3.99$4.43$4.65$5.81$4.85$5.37
Operating cash flow278164291319250332243227343379234315
Capital expenditure23.040.215.917.721.129.018.030.329.239.829.730.5
Free cash flow255124275301229303225196314339204285
Buybacks0.0n/an/a194139n/an/an/a0.0n/an/an/a
Shares outstanding47m47m47m47m47m47m47m47m47m46m46m46m
Filing10-Q10-K10-Q10-Q10-Q10-K10-Q10-Q10-Q10-K10-Q10-Q

* The fourth quarter is the full year less the first three quarters, because the company files the year and not the quarter on its own. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and the share count are as they are. Free cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Cash flow lines filed year to date are the difference between two filings. Shares outstanding are at the period end where the balance sheet tags them, otherwise the count on the filing's cover page. A derived fourth-quarter EPS is left blank when a split in the year makes the arithmetic meaningless.

Profit and loss, 12 fiscal years and the trailing twelve months

FY2014 FY2015FY2016 FY2017 FY2018FY2019 FY2020 FY2021 FY2022 FY2023 FY2024FY2025TTM
Revenue1,0691,0202,1502,6042,9023,1643,0864,6145,4595,6365,6706,1156,374
Cost of revenue1,4871,4281,3301,6241,7911,9201,9052,7733,1283,1963,2353,5013,612
Gross profit-418-4078329921,1111,2431,1811,8412,3302,4392,4352,6152,763
Gross margin-39.1%-39.9%38.7%38.1%38.3%39.3%38.3%39.9%42.7%43.3%42.9%42.8%43.3%
Research and developmentn/an/an/an/an/an/an/an/a352356293317335
Selling, general and administrative6125895806586947156621,068804852903931964
Operating income2942822403224174924806249721,0349891,1501,240
Operating margin27.5%27.6%11.2%12.4%14.4%15.5%15.6%13.5%17.8%18.4%17.4%18.8%19.4%
Interest expense19.124.023.635.529.221.015.390.889.377.357.959.650.6
Pre-tax income2822582412873944744705349089599381,0941,195
Income tax66.562.750.459.860.171.467.888.511972.3117199220
Effective tax rate23.6%24.3%20.9%20.8%15.3%15.1%14.4%16.6%13.1%7.5%12.5%18.2%18.4%
Net income218196191227334402402445789886819895975
Net margin20.4%19.2%8.9%8.7%11.5%12.7%13.0%9.7%14.4%15.7%14.4%14.6%15.3%
Diluted EPS$5.75$5.44$5.37$6.26$9.01$10.73$10.62$10.05$16.53$18.49$17.21$18.88$20.68
Filing10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K

Income statement lines from each year's 10-K, the year linked to its filing; TTM is the sum of the last four quarters. Free cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are. † The year as the company last restated it in a later filing; rest on a figure for the one first filed. EPS is as filed.

Cash flow and capital returned

FY2014 FY2015FY2016 FY2017 FY2018FY2019 FY2020 FY2021 FY2022 FY2023 FY2024FY2025TTM
Operating cash flow2882103173754474826198254878361,1921,1911,271
Capital expenditure43.547.087.658.586.888.471.410292.611583.7117129
Free cash flow2441632293163603945487233947211,1081,0741,142
Free cash flow margin22.9%16.0%10.7%12.1%12.4%12.4%17.7%15.7%7.2%12.8%19.5%17.6%17.9%
Depreciation and amortisation94.390.387.3113113112116372332316310336342
Buybacks1472440.00.0n/an/an/an/a0.00.0354403n/a
Diluted shares, weighted38m36m36m36m37m38m38m44m48m48m48m47m47m
Shares outstanding at period end37m35m35m36m36m37m37m47m47m47m47m46m46m
Filing10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K

Buybacks and dividends are the cash paid in the year, from the cash flow statement; the dividend per share is as declared. Diluted shares are the weighted average for the year; a falling count is the buybacks net of issuance. TTM sums the last four quarters; the share counts are the latest quarter's.

Balance sheet at year end

FY2014 FY2015FY2016 FY2017 FY2018FY2019 FY2020 FY2021 FY2022 FY2023 FY2024FY2025TTM
Total assets2,8622,7182,7743,8463,8094,5805,08514,43014,35414,52814,20015,28515,280
Cash and equivalents14185.198.670.9142200673475638648650352340
Receivables401373384388416460402768884900901992938
Inventory3123093144003643933477538919189141,0431,166
Goodwill1,1511,1401,1941,7771,7352,0502,1507,9877,8738,0037,9908,6888,662
Long-term debt6107565101,0647488517784,0993,9213,2452,6492,4752,027
Long-term debt including finance leases6197635161,069612n/an/an/an/an/an/an/an/a
Borrowings, as the company tags them6957666121,0687498527794,1313,9473,2662,6662,489n/a
Operating lease liabilitiesn/an/an/an/an/a119116138126123110135n/a
Shareholders' equity1,4271,3441,5541,9472,2302,7153,2297,6228,1699,2219,54910,51410,918
Filing10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K

At the fiscal year end; the TTM column is the latest quarter end. A line the company does not tag under the usual name is left out.

Compounded growth

10 years5 years3 yearsTTM
Sales growth, compounded19.6%14.7%3.9%7.9%
Profit growth, compounded16.4%17.4%4.3%13.5%
Return on equity, average10.8%8.4%8.9%8.5%

Compounded growth is the latest fiscal year over the year that many years earlier, annualised; the TTM column is the last four quarters over the four before. Return on equity is net income over shareholders' equity at each year end, averaged over the window (the TTM column is the latest year alone); equity is the parent's shareholders' equity as tagged in the 10-K. Arithmetic on filed numbers, nothing forecast.

Peers: Search, Detection, Navigation, Guidance, Aeronautical Sys

CompanyMarket capP/EROEOp. marginSales growth
TTM
Debt to equityDiv. yield
Northrop Grumman Corp. NOC$74.8 billion16.7625.1%10.7%5.9%0.811.8%
Garmin Ltd. GRMN$54.1 billion31.2818.7%26.5%15.7%n/a0.5%
L3Harris Technologies, Inc. LHX$46.0 billion24.949.4%10.1%7.3%0.461.9%
Teledyne Technologies Inc. TDY$28.2 billion29.458.9%19.4%7.9%0.19n/a

The names on this site in the same industry (the SEC's SIC description), by market capitalisation. Each figure is the same arithmetic as the ratio box above, on each company's own filings and latest close.

Filings

FilingPeriodFiledWhere
10-Q28 June 202624 July 2026EDGAR
10-Q29 March 202624 April 2026EDGAR
10-K28 December 202520 February 2026EDGAR
10-Q28 September 202524 October 2025EDGAR
10-Q29 June 202528 July 2025EDGAR
10-Q30 March 202528 April 2025EDGAR
10-K29 December 202421 February 2025EDGAR
10-Q29 September 202428 October 2024EDGAR
10-Q30 June 202429 July 2024EDGAR
10-Q31 March 202429 April 2024EDGAR

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