TDYTeledyne Technologies
$618.62+19% 1Y
$618.62
$484.4752 weeks$690.94
The business
How TDY's business earns
Teledyne Technologies earns 8.2% on the capital it employs against an estimated 9.0% cost of capital.
8.2%
Return on invested capital · cost of capital 9.0% · 0.82 points below the estimated cost of capital
- Operating margin
- 20%
Operating margin · Scientific & Technical Instruments median 18% · 12 months to Sep 27, 2026
- Cash conversion
- 1.21×
Cash conversion · 1.32× a year ago · operating cash flow divided by operating profit after tax
- Share count, year on year
- −1.3%
Share count, year on year · fewer shares than a year ago
Operating margin by fiscal year
| Year | Operating margin |
|---|---|
| FY2020 | 16% |
| FY2021 | 14% |
| FY2022 | 18% |
| FY2023 | 18% |
| FY2024 | 17% |
| FY2025 | 19% |
Details›
- Gross margin12 months to Sep 27, 2026
- 44%
- Operating margin12 months to Sep 27, 2026
- 20%
- Net margin12 months to Sep 27, 2026
- 16%
- Free cash flow margin
- 18%
- R&D as % of revenue
- 5.1%
- Revenue, trailing twelve months
- $6.52B
- Free cash flow, trailing twelve months
- $1.15B
- Net income, trailing twelve months
- $1.03B
- Return on invested capitaloperating profit after tax ÷ debt + equity − cash
- 8.2%
Margins, capital and share counts from the statements as filed with the SEC; cash conversion is operating cash flow over operating profit after tax.
Customers and suppliers
Who buys from TDY and who it buys from, as the companies report it.
26%of revenue comes from the U.S. government
no supplier on file
TDY
U.S. government26%
Customerswho buys
- U.S. government26%
Share of revenue · FY2025 10-K
Supplierswho it buys from
None disclosed.
Scientific & Technical Instruments
The closest names by size in the same industry