Teledyne (TDY) | Financial Analysis & Statements
TL;DR: Financial Overview - Revenue, Profits & Key Metrics
Latest Quarterly: Mar 2025Income Metrics
Revenue
1.4B
Gross Profit
619.5M
42.73%
Operating Income
259.3M
17.88%
Net Income
188.8M
13.02%
EPS (Diluted)
$3.99
Balance Sheet Metrics
Total Assets
15.0B
Total Liabilities
5.1B
Shareholders Equity
9.9B
Debt to Equity
0.52
Cash Flow Metrics
Operating Cash Flow
302.9M
Free Cash Flow
224.6M
Revenue & Profitability Trend
Teledyne Income Statement From 2020 to 2024
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Revenue | 5.7B | 5.6B | 5.5B | 4.6B | 3.1B |
| Cost of Goods Sold | 3.2B | 3.2B | 3.1B | 2.8B | 1.9B |
| Gross Profit | 2.4B | 2.4B | 2.3B | 1.8B | 1.2B |
| Gross Margin % | 42.9% | 43.3% | 42.7% | 39.9% | 38.3% |
| Operating Expenses | |||||
| Research & Development | 292.6M | - | - | - | - |
| Selling, General & Administrative | 902.6M | 1.2B | 1.2B | 1.1B | 662.0M |
| Other Operating Expenses | - | - | - | - | - |
| Total Operating Expenses | 1.2B | 1.2B | 1.2B | 1.1B | 662.0M |
| Operating Income | 1.0B | 1.0B | 972.0M | 624.3M | 480.1M |
| Operating Margin % | 18.4% | 18.4% | 17.8% | 13.5% | 15.6% |
| Non-Operating Items | |||||
| Interest Income | - | - | - | - | - |
| Interest Expense | 57.9M | 77.3M | 89.3M | 90.8M | 15.3M |
| Other Non-Operating Income | -45.8M | 1.8M | 25.4M | 300.0K | 4.9M |
| Pre-tax Income | 937.9M | 958.9M | 908.1M | 533.8M | 469.7M |
| Income Tax | 117.2M | 72.3M | 119.2M | 88.5M | 67.8M |
| Effective Tax Rate % | 12.5% | 7.5% | 13.1% | 16.6% | 14.4% |
| Net Income | 820.7M | 886.6M | 788.9M | 445.3M | 401.9M |
| Net Margin % | 14.5% | 15.7% | 14.5% | 9.7% | 13.0% |
| Key Metrics | |||||
| EBITDA | 1.4B | 1.4B | 1.3B | 1.0B | 601.2M |
| EPS (Basic) | $17.54 | $18.71 | $16.82 | $9.54 | $10.88 |
| EPS (Diluted) | $17.21 | $18.49 | $16.53 | $9.54 | $10.62 |
| Basic Shares Outstanding | 46706612 | 47331845 | 46912635 | 46692296 | 36951607 |
| Diluted Shares Outstanding | 46706612 | 47331845 | 46912635 | 46692296 | 36951607 |
Income Statement Trend
Teledyne Balance Sheet From 2020 to 2024
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Assets | |||||
| Current Assets | |||||
| Cash & Equivalents | 649.8M | 648.3M | 638.1M | 474.7M | 673.1M |
| Short-term Investments | - | - | - | - | - |
| Accounts Receivable | 901.1M | 899.7M | 883.7M | 767.7M | 402.0M |
| Inventory | 914.4M | 917.7M | 890.7M | 752.9M | 347.3M |
| Other Current Assets | 167.2M | 213.3M | 130.7M | 118.0M | 78.1M |
| Total Current Assets | 2.9B | 3.0B | 2.8B | 2.4B | 1.7B |
| Non-Current Assets | |||||
| Property, Plant & Equipment | 0 | 0 | 0 | 0 | 0 |
| Goodwill | 18.0B | 18.3B | 18.2B | 18.7B | 4.7B |
| Intangible Assets | 2.0B | 2.3B | 2.4B | 2.7B | 409.7M |
| Long-term Investments | - | - | - | - | - |
| Other Non-Current Assets | 279.7M | 285.3M | 274.3M | 321.4M | 245.3M |
| Total Non-Current Assets | 11.3B | 11.5B | 11.5B | 12.0B | 3.4B |
| Total Assets | 14.2B | 14.5B | 14.4B | 14.4B | 5.1B |
| Liabilities | |||||
| Current Liabilities | |||||
| Accounts Payable | 416.4M | 384.7M | 505.7M | 469.5M | 229.1M |
| Short-term Debt | 300.0K | 600.1M | 300.1M | - | 97.6M |
| Current Portion of Long-term Debt | - | - | - | - | - |
| Other Current Liabilities | - | - | - | - | - |
| Total Current Liabilities | 1.3B | 1.8B | 1.5B | 1.5B | 760.9M |
| Non-Current Liabilities | |||||
| Long-term Debt | 2.6B | 2.6B | 3.6B | 4.1B | 680.9M |
| Deferred Tax Liabilities | 354.0M | 415.4M | 490.0M | 625.5M | 39.0M |
| Other Non-Current Liabilities | 380.8M | 475.8M | 547.2M | 585.0M | 375.4M |
| Total Non-Current Liabilities | 3.4B | 3.5B | 4.7B | 5.3B | 1.1B |
| Total Liabilities | 4.6B | 5.3B | 6.2B | 6.8B | 1.9B |
| Equity | |||||
| Common Stock | 500.0K | 500.0K | 500.0K | 500.0K | 400.0K |
| Retained Earnings | 6.3B | 5.4B | 4.6B | 3.8B | 3.3B |
| Treasury Stock | 292.4M | 0 | 20.0M | 38.8M | 59.5M |
| Other Equity | - | - | - | - | - |
| Total Shareholders Equity | 9.6B | 9.2B | 8.2B | 7.6B | 3.2B |
| Key Metrics | |||||
| Total Debt | 2.6B | 3.2B | 3.9B | 4.1B | 778.5M |
| Working Capital | 1.7B | 1.2B | 1.3B | 931.0M | 961.7M |
Balance Sheet Composition
Teledyne Cash Flow Statement From 2020 to 2024
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Net Income | 820.7M | 886.6M | 788.9M | 445.3M | 401.9M |
| Depreciation & Amortization | 309.9M | 316.4M | 332.2M | 371.8M | 116.2M |
| Stock-Based Compensation | 37.7M | 32.3M | 31.5M | 33.9M | 30.0M |
| Working Capital Changes | -110.8M | -404.7M | -260.6M | -63.0M | 27.3M |
| Operating Cash Flow | 1.1B | 829.0M | 881.4M | 818.5M | 575.7M |
| Investing Activities | |||||
| Capital Expenditures | -83.7M | -114.9M | -92.6M | -101.6M | -71.4M |
| Acquisitions | -123.7M | -77.7M | -99.6M | -3.7B | -29.0M |
| Investment Purchases | - | - | - | - | - |
| Investment Sales | - | - | - | - | - |
| Investing Cash Flow | -207.2M | -190.3M | -175.4M | -3.8B | -99.4M |
| Financing Activities | |||||
| Share Repurchases | -354.0M | - | - | - | - |
| Dividends Paid | - | - | - | - | - |
| Debt Issuance | - | 0 | 0 | 4.0B | 2.7M |
| Debt Repayment | -600.6M | -678.9M | -174.8M | -1.2B | -100.8M |
| Financing Cash Flow | -983.7M | -696.9M | -133.6M | 2.8B | -98.1M |
| Free Cash Flow | 1.1B | 721.2M | 394.2M | 723.0M | 547.5M |
| Net Change in Cash | -133.4M | -58.2M | 572.4M | -224.1M | 378.2M |
Cash Flow Trend
Teledyne Key Financial Ratios
Valuation Ratios
P/E Ratio (TTM)
30.30
Forward P/E
25.58
Price to Book
2.48
Price to Sales
4.36
PEG Ratio
1.81
Profitability Ratios
Profit Margin
14.54%
Operating Margin
18.56%
Return on Equity
8.73%
Return on Assets
4.72%
Financial Health
Current Ratio
1.66
Debt to Equity
25.21
Beta
1.09
Per Share Data
EPS (TTM)
$18.12
Book Value per Share
$221.33
Revenue per Share
$126.40
Peer Financial Comparison
Financial data is updated regularly. All figures are in the company's reporting currency.