Teledyne Technologies Inc

Teledyne Technologies Inc

TDY

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Market Cap$30.39B
Close$

Compare to Similar Companies

P/E RatioDividendsReturn on EquityPrice-to-SalesDebt-to-Equity
Teledyne Technologies IncTeledyne Technologies Inc31.6-9%50.2

Earnings Call Q2 2026

July 22, 2026 - AI Summary

Strong Q2 performance; guidance raised for 2026 - Management reported the strongest quarter in company history: sales +9.8% and non-GAAP earnings +20.8%. - Orders exceeded sales for the 11th consecutive quarter; ended June with ~$5B funded backlog. - 2026 outlook improvement: now expects full-year revenue ~$120M higher than April forecast, implying just under 7% growth to >$6.53B. - Full-year non-GAAP EPS outlook raised by $0.55/share (midpoint), reflecting the improved organic growth.
Segment momentum: Digital Imaging leads; other segments steady - Digital Imaging: sales +12.7%, infra detectors +20%+ for space-based imaging, plus strength in unmanned aerial/maritime and counter-UAS; non-GAAP margin +353 bps to 25% (tariffs aided; other costs partially offset). - Instrumentation: sales +5.5%; margin down YoY due to mix (more lower-margin unmanned/UV subsea), but sequential margin improved as test & measurement rose. - Aerospace & Defense Electronics: sales +8.2% with strength at Qioptiq; segment margin slightly higher YoY (+11 bps). - Engineered Systems: revenue +8.4%, margin +166 bps driven by commercial nuclear power and U.S. missile defense execution.
Bookings/backlog quality and what it implies for next year - Book-to-bill in Q2 = 1.23, driven by Digital Imaging (“higher than 1.4x” cited); implies demand strength beyond current sales run-rate. - Management said much of demand—especially defense—is multi-year, though detailed near-term vs multi-year split wasn’t provided (promised later). - Q2 revenue strength is mostly execution + portfolio strength, with only minor pull-ins from shipment timing—i.e., not viewed as a “one-quarter artifact.”

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$699.88

Target Price by Analysts

4.4% upsideTeledyne Technologies Target Price DetailsTarget Price
$531.90

Current Fair Value

20.7% downside

Overvalued by 20.7% based on the discounted cash flow analysis.

Share Statistics

Market cap$30.39 Billion
Enterprise Value$32.08 Billion
Dividend Yield$- (-)
Earnings per Share$18.88
Beta0.92
Outstanding Shares46,900,000

Return

Return on Equity8.93%ROE
Return on Assets6.38%
Return on Invested Capital9.03%

Valuation & Multiples

P/E Ratio31.56P/E Ratio
PEG158.5PEG
Price to Sales4.97Price to Sales
Price to Book Ratio2.89Price to Book Ratio
Enterprise Value to Revenue5.03
Enterprise Value to EBIT25.72
Enterprise Value to Net Income32
Total Debt to Enterprise0.06
Debt to Equity0.19Debt to Equity

Revenue Sources

No data

Insider Trades

Last Earnings Call

Report Date
July 22, 2026
EPS Estimate
$5.79
Average shareholder expectation
Revenue Estimate
$1.58 B
Average shareholder expectation

Next Earnings Call

Expected Date
October 19, 2026
EPS Estimate
$6.02
Average shareholder expectation
Revenue Estimate
$1.61 B
Average shareholder expectation

Institutional Put/Call Ratio

Market sentiment based on institutional option activity.

Put/Call Ratio0.0000 30.64%
Total Calls- 100.00%
Total Puts- 100.00%

Institutional Ownership

Holdings and activity of institutional investors.

Ownership %3.10% 89.86%
Total Invested$961.70M 96.39%
Investors Holding326 527.00%

ESG Score

No data

About Teledyne Technologies Inc

11,790 employees
CEO: Aldo Pichelli

Teledyne Technologies is a leading provider of sophisticated instrumentation, digital imaging products and software, aerospace and defense electronics, and engineered systems. Teledyne's operations are primarily located in the United Sta...

Relevant Senate Committees

Finance

This powerful committee controls taxation and trade policy, both of which profoundly impact Teledyne's corporate profitability, international operations, and overall legal and economic environment.

Appropriations

This committee directly allocates discretionary federal spending. Its subcommittees determine the specific funding for defense programs, scientific research, and other government projects that are key customers for Teledyne's products and systems.

Armed Services

This committee directly oversees the Department of Defense and authorizes the annual National Defense Authorization Act (NDAA), which is a primary source of revenue and R&D funding for Teledyne's aerospace and defense electronics segments.

Select Committee on Intelligence

Teledyne provides defense electronics, engineered systems, and imaging products highly relevant to intelligence gathering and national security. Members receive classified briefings directly impacting intelligence community needs and procurements, offering potential non-public material information.

Commerce, Science, and Transportation

This committee has vast jurisdiction over interstate commerce, the aerospace industry (via FAA), and scientific research. It directly impacts Teledyne's aerospace electronics, instrumentation, and R&D funding streams.

Homeland Security and Governmental Affairs

This committee oversees federal procurement and the Department of Homeland Security, both of which are significant customers or regulatory environments for Teledyne's aerospace, defense electronics, and engineered systems.