Teledyne Technologies Incorpora
515.33-10.12 (-1.93%)
Oct 29, 4:00:01 PM EDT · NYSE · TDY · USD
Report date
≈ Jan 21, 2026 (in 83 days)EPS
5.45 (5.22 ~ 5.75)Revenue
1.52B (1.50B ~ 1.55B)Key Stats
Market Cap
24.20BP/E (TTM)
29.86Basic EPS (TTM)
17.26Dividend Yield
0%Recent Filings
10-Q
Q2 FY2025 results
Teledyne's Q2 net sales climbed 10.2% y/y to $1,513.7M, fueled by 36.2% growth in Aerospace and Defense Electronics from recent buys, while operating income rose 12.6% to $278.2M amid tighter cost controls. Diluted EPS hit $4.43, up from $3.77, aligning neatly with 47.4M shares—no dilution quirks here. Acquisitions like Qioptiq closed in February 2025 for $706.4M cash, adding $451.0M goodwill and $183.6M intangibles, bolstering the defense lineup. Cash dipped to $310.9M after funding deals, but $469.2M operating cash flow minus $48.3M capex yielded solid FCF; debt sits at $2,617.4M with $1,168.0M revolver room. Acquisitions drive the upside. Yet tariffs on imports could squeeze margins if trade tensions flare.
8-K
Record Q2 sales surge
Teledyne Technologies posted record Q2 2025 net sales of $1,513.7 million, up 10.2% from last year, fueled by acquisitions and organic growth across all segments. GAAP EPS hit $4.43, while non-GAAP reached $5.20; the board authorized a fresh $2.0 billion stock repurchase program, replacing the prior one with $896 million left. Strong results lifted full-year non-GAAP EPS guidance to $21.20–$21.50. Uncertainty looms from global trade policies.
8-K
Teledyne CEO Transition
Teledyne Technologies announced on April 28, 2025, that Edwin Roks retired as CEO, with George C. Bobb III stepping in as President and CEO effective immediately. Bobb, 50, who joined in 2008 and served as President and COO since January 2024, brings deep experience in aerospace, defense, and operations. His base salary rose to $900,000, with AIP target at 120%. Roks advises the Executive Chairman through August 31. Smooth transition preserves growth momentum.
10-Q
Q1 FY2025 results
Teledyne kicked off 2025 with net sales climbing 7.4% year-over-year to $1,449.9 million, fueled by a 30.6% surge in Aerospace and Defense Electronics from recent buys, while Digital Imaging edged up 2.2%. Operating income rose 10.7% to $259.3 million, lifting diluted EPS to $3.99 from $3.72, with the EPS figure aligning neatly against 47.3 million weighted shares. Acquisitions drove the momentum: closed Micropac in December 2024 for $51.2 million cash, recognizing $5.0 million goodwill and $8.1 million finite-lived intangibles, and Excelitas' OS and AES units in February 2025 for $706.4 million cash, adding $451.6 million goodwill and $183.6 million intangibles. Cash dipped to $461.5 million after the deals, offset by $242.6 million operating cash flow and $855.5 million revolver availability, while total debt hit $2,964.8 million at a blended 5.55% rate. Free cash flow stood at $224.6 million (derived). Acquisitions expand capabilities nicely. Yet tariffs on China imports, hitting 4% of revenues, could squeeze margins if trade tensions escalate.
8-K
Executive pay hikes, voting reforms
Teledyne Technologies boosted base salaries for three key executives effective April 1, 2025: COO George C. Bobb III to $665,000, Vice Chairman Jason VanWees to $595,000, and CFO Stephen F. Blackwood to $640,000. At the April 23 annual meeting, stockholders approved majority voting amendments to the certificate of incorporation, easing supermajority hurdles for bylaws, director removal, and fundamental changes. They also elected three directors and ratified Deloitte as auditors. Governance just got simpler.
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