Teledyne Technologies Incorporated (TDY) Financial Ratios
28 years of historical data (1998–2025) · Technology · Hardware, Equipment & Parts
EV/EBITDA
↓
20.85
+10% vs avg
5yr avg: 18.98
30Y Low3.9·High25.1
P/FCF
↓
26.72
-10% vs avg
5yr avg: 29.58
30Y Low8.9·High95.9
P/B Ratio
↓
2.79
+18% vs avg
5yr avg: 2.37
30Y Low2.0·High5.8
ROE
↑
8.9%
-3% vs avg
5yr avg: 9.2%
30Y Low4%·High65%
Debt/EBITDA
↓
1.78
↓-34% vs avg
5yr avg: 2.69
30Y Low0.4·High4.1
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
TDY Valuation Multiples
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
Teledyne Technologies Incorporated trades at 32.8x earnings, 12% above its 5-year average of 29.3x, sitting at the 89th percentile of its historical range. Compared to the Technology sector median P/E of 29.0x, the stock trades at a premium of 13%. On a free-cash-flow basis, the stock trades at 26.7x P/FCF, 10% below the 5-year average of 29.6x.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $28.7B | $24.5B | $22.4B | $21.4B | $19.1B | $19.4B | $14.9B | $13.0B | $7.7B | $6.6B | $4.4B |
| Enterprise Value | $31.0B | $26.8B | $24.6B | $24.0B | $22.4B | $23.0B | $15.0B | $13.8B | $8.3B | $7.6B | $4.9B |
| P/E Ratio → | 32.82 | 27.40 | 27.39 | 24.14 | 24.19 | 43.47 | 36.98 | 32.30 | 22.96 | 28.94 | 22.91 |
| P/S Ratio | 4.69 | 4.01 | 3.96 | 3.79 | 3.49 | 4.19 | 4.81 | 4.11 | 2.64 | 2.53 | 2.03 |
| P/B Ratio | 2.79 | 2.33 | 2.35 | 2.32 | 2.33 | 2.54 | 4.60 | 4.79 | 3.44 | 3.38 | 2.81 |
| P/FCF | 26.72 | 22.83 | 20.25 | 29.64 | 48.39 | 26.77 | 27.13 | 33.01 | 21.28 | 20.80 | 19.03 |
| P/OCF | 24.09 | 20.58 | 18.83 | 25.57 | 39.19 | 23.47 | 24.00 | 26.96 | 17.14 | 17.55 | 13.77 |
P/E links to full P/E history page with 30-year chart
TDY EV Ratios
Enterprise-value multiples — capital-structure-neutral measures of total business value
Teledyne Technologies Incorporated's enterprise value stands at 20.9x EBITDA, 10% above its 5-year average of 19.0x. The Technology sector median is 16.7x, placing the stock at a 25% premium on an enterprise-value basis.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 4.38 | 4.34 | 4.25 | 4.10 | 4.98 | 4.85 | 4.35 | 2.85 | 2.91 | 2.27 |
| EV / EBITDA | 20.85 | 18.04 | 18.92 | 17.75 | 17.14 | 23.07 | 25.09 | 22.81 | 15.61 | 17.43 | 14.90 |
| EV / EBIT | 26.95 | 23.23 | 24.68 | 23.14 | 22.42 | 36.79 | 30.85 | 27.83 | 19.71 | 23.67 | 18.47 |
| EV / FCF | — | 24.96 | 22.18 | 33.24 | 56.72 | 31.78 | 27.33 | 34.96 | 22.96 | 23.97 | 21.30 |
TDY Profitability
Margins and return-on-capital ratios measuring operating efficiency
Teledyne Technologies Incorporated earns an operating margin of 18.8%. ROE of 8.9% is modest. ROIC of 7.0% represents adequate returns on invested capital.
Margins
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 39.2% | 39.2% | 42.9% | 43.3% | 42.7% | 39.9% | 38.3% | 39.3% | 38.3% | 37.6% | 38.2% |
| Operating Margin | 18.8% | 18.8% | 17.4% | 18.4% | 17.8% | 13.5% | 15.6% | 15.5% | 14.4% | 12.4% | 11.2% |
| Net Profit Margin | 14.6% | 14.6% | 14.4% | 15.7% | 14.4% | 9.7% | 13.0% | 12.7% | 11.5% | 8.7% | 8.9% |
Return on Capital
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 8.9% | 8.9% | 8.7% | 10.2% | 10.0% | 8.2% | 13.5% | 16.3% | 16.0% | 13.0% | 13.2% |
| ROA | 6.1% | 6.1% | 5.7% | 6.1% | 5.5% | 4.6% | 8.3% | 9.6% | 8.7% | 6.9% | 7.0% |
| ROIC | 7.0% | 7.0% | 6.3% | 6.7% | 6.4% | 6.4% | 10.6% | 11.7% | 10.8% | 9.6% | 8.8% |
| ROCE | 8.7% | 8.7% | 7.7% | 8.1% | 7.5% | 7.2% | 11.8% | 14.2% | 13.0% | 11.5% | 10.5% |
TDY Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
Teledyne Technologies Incorporated carries a Debt/EBITDA ratio of 1.8x, which is manageable (40% below the sector average of 2.9x). Net debt stands at $2.3B ($2.6B total debt minus $352M cash). Interest coverage of 19.4x signals virtually no risk of debt distress — earnings comfortably cover interest obligations.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.25 | 0.25 | 0.29 | 0.35 | 0.48 | 0.54 | 0.24 | 0.36 | 0.34 | 0.55 | 0.40 |
| Debt / EBITDA | 1.78 | 1.78 | 2.15 | 2.40 | 3.01 | 4.12 | 1.31 | 1.61 | 1.41 | 2.47 | 1.88 |
| Net Debt / Equity | — | 0.22 | 0.22 | 0.28 | 0.40 | 0.48 | 0.03 | 0.28 | 0.27 | 0.51 | 0.33 |
| Net Debt / EBITDA | 1.54 | 1.54 | 1.65 | 1.92 | 2.52 | 3.64 | 0.18 | 1.28 | 1.14 | 2.31 | 1.58 |
| Debt / FCF | — | 2.13 | 1.93 | 3.60 | 8.33 | 5.01 | 0.19 | 1.96 | 1.68 | 3.17 | 2.26 |
| Interest Coverage | 19.36 | 19.36 | 17.20 | 13.40 | 11.17 | 6.88 | 31.70 | 23.56 | 16.45 | 9.67 | 11.40 |
TDY Liquidity & Efficiency
Short-term solvency ratios and asset-utilisation metrics
A current ratio of 1.64x means Teledyne Technologies Incorporated can comfortably meet its short-term obligations, though there is limited excess liquidity. The quick ratio of 1.08x is notably lower than the current ratio, indicating a significant portion of current assets is tied up in inventory.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 1.64 | 1.64 | 2.33 | 1.69 | 1.85 | 1.62 | 2.26 | 1.72 | 1.55 | 1.87 | 1.68 |
| Quick Ratio | 1.08 | 1.08 | 1.61 | 1.17 | 1.27 | 1.12 | 1.81 | 1.21 | 1.04 | 1.13 | 1.06 |
| Cash Ratio | 0.19 | 0.19 | 0.52 | 0.37 | 0.42 | 0.32 | 0.88 | 0.26 | 0.20 | 0.13 | 0.20 |
| Asset Turnover | — | 0.40 | 0.40 | 0.39 | 0.38 | 0.32 | 0.61 | 0.69 | 0.76 | 0.68 | 0.78 |
| Inventory Turnover | 3.56 | 3.56 | 3.54 | 3.48 | 3.51 | 3.68 | 5.49 | 4.88 | 4.92 | 4.06 | 4.23 |
| Days Sales Outstanding | — | 81.59 | 78.10 | 77.86 | 77.46 | 85.73 | 73.81 | 76.25 | 70.67 | 67.02 | 65.14 |
TDY Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Teledyne Technologies Incorporated returns 1.4% to shareholders annually primarily through share buybacks. The earnings yield of 3.0% (inverse of P/E) provides a useful comparison to bond yields when assessing the stock's relative attractiveness to fixed income.
Dividends
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | — | — | — | — | — | — | — | — | — | — | — |
| Payout Ratio | — | — | — | — | — | — | — | — | — | — | — |
Total Shareholder Return Metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 3.0% | 3.6% | 3.7% | 4.1% | 4.1% | 2.3% | 2.7% | 3.1% | 4.4% | 3.5% | 4.4% |
| FCF Yield | 3.7% | 4.4% | 4.9% | 3.4% | 2.1% | 3.7% | 3.7% | 3.0% | 4.7% | 4.8% | 5.3% |
| Buyback Yield | 1.4% | 1.6% | 1.6% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Total Shareholder Yield | 1.4% | 1.6% | 1.6% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Shares Outstanding | — | $47M | $48M | $48M | $48M | $44M | $38M | $38M | $37M | $36M | $36M |
Peer Comparison
Compare TDY with 10 similar companies in its peer group
| Company | Market Cap | P/E | EV/EBITDA | P/FCF | Gross Margin | Op Margin | ROE | ROIC | Debt/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
 TDYYou | $29B | 32.8 | 20.9 | 26.7 | 39.2% | 18.8% | 8.9% | 7.0% | 1.8 |
 HII | $11B | 18.5 | 14.5 | 14.2 | 12.7% | 4.9% | 12.4% | 6.2% | 3.4 |
 TXT | $16B | 17.5 | 10.8 | 17.6 | 16.9% | 8.4% | 12.2% | 9.4% | 2.6 |
 LDOS | $13B | 9.6 | 7.6 | 8.3 | 17.7% | 12.3% | 30.9% | 17.1% | 2.5 |
 HEI | $47B | 68.8 | 40.3 | 54.5 | 39.8% | 22.7% | 17.1% | 12.6% | 1.8 |
 CW | $28B | 60.0 | 46.1 | 51.5 | 37.2% | 18.2% | 19.4% | 14.1% | 2.1 |
 KEYS | $62B | 74.5 | 51.9 | 48.7 | 62.1% | 17.6% | 15.4% | 11.5% | 2.4 |
 OSIS | $4B | 25.6 | 16.3 | 65.5 | 34.3% | 12.7% | 16.5% | 11.5% | 2.6 |
 KTOS | $10B | 417.0 | 112.5 | — | 22.1% | 2.1% | 1.3% | 1.4% | 2.1 |
 AVAV | $8B | 109.4 | 103.8 | — | 39.4% | 5.0% | 5.1% | 3.6% | 0.8 |
 DRS | $12B | 44.7 | 27.5 | 54.2 | 23.2% | 9.5% | 10.5% | 10.5% | 1.1 |
| Technology Median | — | 29.0 | 16.7 | 19.2 | 48.8% | 0.2% | 1.6% | 2.7% | 2.9 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
Download Financial Ratios Data
Includes 30+ ratios · 28 years · Updated daily
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TDY — Frequently Asked Questions
Quick answers to the most common questions about buying TDY stock.
What is Teledyne Technologies Incorporated's P/E ratio?
Teledyne Technologies Incorporated's current P/E ratio is 32.8x. The historical average is 23.4x. This places it at the 89th percentile of its historical range.
What is Teledyne Technologies Incorporated's EV/EBITDA?
Teledyne Technologies Incorporated's current EV/EBITDA is 20.9x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 13.1x.
What is Teledyne Technologies Incorporated's ROE?
Teledyne Technologies Incorporated's return on equity (ROE) is 8.9%. The historical average is 18.5%.
Is TDY stock overvalued?
Based on historical data, Teledyne Technologies Incorporated is trading at a P/E of 32.8x. This is at the 89th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
What are Teledyne Technologies Incorporated's profit margins?
Teledyne Technologies Incorporated has 39.2% gross margin and 18.8% operating margin. Operating margin between 10-20% is typical for established companies.
How much debt does Teledyne Technologies Incorporated have?
Teledyne Technologies Incorporated's Debt/EBITDA ratio is 1.8x, indicating moderate leverage. A ratio below 2x is generally considered financially healthy.