Teledyne Technologies makes sensors, imaging systems, instruments and electronic components used in industrial, defence, space and marine markets. Its products include digital cameras, thermal imagers, test and measurement tools and underwater instruments. The company sells to commercial customers and government agencies, and it has expanded over time by acquiring niche engineering businesses with specialised technology and loyal customers.
Over the latest twelve months the company reported revenue of $6.4 billion, with growth of 3.9% a year across three years. It reports an operating margin of 19.4%, with return on invested capital of 8%. Leverage, measured as net debt to EBITDA, is 1.1 times. It does not pay a dividend. Overall, it receives an X-Ray Score of 52 out of 100.
Written with AI from public information and the filing figures on this page, then checked automatically for unsupported numbers. It can contain mistakes: read the company's own filings below before relying on it.
52-wk range $483.02 – $697.67Volume 299,700Daily, split-adjusted
Vitals
Market cap$29.0B
52-week range$483.02 – $697.67
Volume (last day)299,700
P/E (TTM)29.9
EBIT / EV yield4.0%
Free-cash-flow yield3.9%
Dividend yieldNo dividend
Revenue (TTM)$6.4B
Net income (TTM)$975M
Operating margin19.4%
Return on capital8.0%
Debt incl. leases$2.0B
Cash & securities$340M
Debt = borrowings plus lease liabilities. Cash & securities = cash, equivalents and short-term marketable securities (long-term securities are not counted, so net cash can be understated for companies like Apple). Net debt = debt minus cash & securities. Source: latest SEC 10-Q/10-K. EBIT / EV yield = operating profit divided by market cap plus net debt.
Fair value estimate
$615model spread $590 – $642
Fair−0.6% to fair value
Equal blend of three models: peer multiples, a fundamentals-adjusted multiple (growth, ROIC and margin) and a 10-year DCF scaled to the market's average. Earnings-power value (no growth) is a floor and not part of the blend. Model uncertainty is Medium, so the safety margin is 30%.
A model estimate, not a price target or recommendation. Inputs: risk-free 5.09%, equity risk premium 4.23% (Damodaran). How it works.
What this means
Weak business, fairly priced
The price sits inside our fair-value band. A high score does not guarantee a good outcome; it shifts the odds a little. Use the checklist as a prompt for your own research.
Before you invest · decision checklist
Ticked boxes are filled in from our data; the rest are yours to answer.
The five-lens scan
Every score explained in one sentence, ranked against Information Technology peers. Open a lens to see the numbers behind it.
ValuationFair
63/100
Priced about in line with its sector.
See the numbers →
EBIT / EV yield4.0%
Free-cash-flow yield3.9%
Fair value vs price1.0×
GrowthWeak
43/100
Growing slower than most of its sector.
See the numbers →
Revenue growth (3y)3.9%
EPS growth (3y)4.5%
Growth consistency80%
ProfitabilityWeak
37/100
Earns lower returns on its capital than most peers.
See the numbers →
Return on invested capital8.0%
Operating margin19.4%
Gross profitability18.1%
Financial healthFair
60/100
Balance sheet is in typical shape for its sector.
See the numbers →
Piotroski F-Score7 / 9
Net debt / EBITDA1.1×
Interest cover24.5×
DividendsNone
–/100
Pays no dividend.
See the numbers →
Quarterly results: last 6 quarters
+7.4%Mar '25
+10.2%Jun '25
+6.7%Sep '25
+7.3%Dec '25
+7.6%Mar '26
+9.8%Jun '26
Revenue against the same quarter a year earlier. Latest quarter revenue $1.7B, diluted EPS $5.37.
Other Electronic Equipment & Instruments companies by X-Ray Score.
Fundamentals checklist
● 5 Good · ● 7 Average · ● 4 Bad
Cash quality
Earnings backed by cashBad
Free-cash-flow yieldAverage
Risk models
Altman Z''Good
Piotroski F-ScoreGood
Growth
EPS growth (3y)Average
Free-cash-flow growth (3y)Good
Revenue growth (3y)Average
Growth consistencyBad
Balance sheet
Current ratioGood
Net debt / EBITDAAverage
Interest coverAverage
Valuation
Fair value vs priceGood
EBIT / EV yieldAverage
Profitability
Return on invested capitalBad
Operating marginAverage
Gross profitabilityBad
Each check is graded against the company's sector, not a fixed number. Checklist score 48/100.
Financials
FY22
FY23
FY23
FY24
FY25
Revenue
$4.6B
$5.5B
$5.6B
$5.7B
$6.1B
Operating income
$624M
$972M
$1.0B
$989M
$1.1B
Net income
$445M
$789M
$886M
$819M
$895M
Operating cash flow
$825M
$487M
$836M
$1.2B
$1.2B
Operating margin
13.5%
17.8%
18.4%
17.4%
18.8%
Free cash flow
$723M
$394M
$721M
$1.1B
$1.1B
Diluted EPS
$10.05
$16.53
$18.49
$17.21
$18.88
Fiscal years, from SEC filings.
Technical summary
Daily
Neutral
6 bullish · 3 neutral · 7 bearish
Weekly
Neutral
5 bullish · 1 neutral · 6 bearish
Monthly
Strongly bullish
6 bullish · 1 neutral · 1 bearish
Moving averages (daily)
SMA 10
613.7
Bullish
EMA 10
613.9
Bullish
SMA 20
612.9
Bullish
EMA 20
613.4
Bullish
SMA 50
624.2
Bearish
EMA 50
619.8
Bearish
SMA 100
629.7
Bearish
EMA 100
624.0
Bearish
SMA 200
628.5
Bearish
EMA 200
613.2
Bullish
Oscillators (daily)
RSI (14)
53.17
Neutral
MACD (12, 26)
-0.81
Bearish
Momentum (12)
1.94
Bullish
Stochastic %K (14)
69.81
Neutral
Williams %R (14)
-30.19
Neutral
CCI (20)
116.0
Bearish
Pivot points (classic, last session)
S3
601.0
S2
607.8
S1
613.2
Pivot
620.0
R1
625.4
R2
632.2
R3
637.6
Signals describe what the chart is doing, not what to do. Moving averages: price above the average is bullish. Oscillators use the usual thresholds (RSI 30/70, Stochastic 20/80, CCI ±100, Williams %R −80/−20; MACD and momentum above zero are bullish). Weekly and monthly views use closing prices only.