WinstonWınston
Teledyne Technologies Incorporated logo

Teledyne Technologies Incorporated

TDY
53
Hardware, Equipment & Parts · Technology
Price
$635.52
+4.66 (+0.74%)
Market Cap
$29.44B
Winston Score
53
Winston is curious
Mixed quality — meaningful strengths and weaknesses.

Share count rising — dilution

+7.0% over 4y

The company has issued more shares over this period, which dilutes each existing shareholder’s stake.

Diluted shares outstanding: 44.3M (2021) → 47.4M (2025)

Teledyne Technologies makes specialized instruments, sensors, cameras, and electronic systems used in demanding environments. Its customers include the U.S. military, government agencies, aerospace companies, and industrial and scientific researchers. Teledyne is best known for making highly precise measurement and detection equipment that most other companies cannot easily replicate.

Teledyne earns revenue by selling hardware, systems, and related software across four main segments: digital imaging, instrumentation, aerospace and defense electronics, and engineered systems. The company operates primarily in the United States, with additional business in Europe and other international markets, and generates roughly $5 billion in annual revenue. Its main competitive advantage is its deep portfolio of niche, technically complex products that face limited direct competition, though a key risk is its heavy reliance on U.S. government and defense spending, which can shift with budget priorities.

Winston Score History

Politician Trades

4 trades / 12mo

1 Congressional buy and 3 sells on TDY in the last 12 months.

Unlock the full Smart Money Map — every trade plotted on the price chart with politicians, amounts and returns since each trade. Founder's Deal is $57/mo locked for life.

Unlock politician trades

Growth Profile

When traditional metrics don't capture the full picture, these are the signals growth stock investors use instead.

Revenue Growth

+7.6% YoY

YoY Growth Rate

Slow revenue growth

EPS Growth

+20.3% YoY

YoY Growth Rate

Steady EPS growth

R&D Spend

$317M/ year

Rising (+8% vs prior year)

5.2% of revenue

Below sector average (15%)

R&D investment increasing — building for the future

Insider Activity

0.9%ownership

Flat

Insiders holding steady — not selling despite ability to

Cash Position

Cash flow positive

$521M cash & investments

Quarterly Free Cash Flow

↑ Burn rate improving

Company generates more cash than it spends — no dilution risk from fundraising

Growth context

Teledyne Technologies Incorporated is growing revenue at 8% year-over-year. The Winston Score measures business quality today — these growth metrics show what could matter tomorrow.

The Winston Score above measures business quality today. Growth stocks often score lower because they invest in the future rather than maximising current profits. These metrics show what matters most for evaluating that future.

Score breakdown

Every number that matters to educated investors.

Each metric is explained in plain language so you know exactly what you're looking at. Start your free trial now.

Quality

Gross Margin
39.5%
Modest — 39.5% gross margin
Operating Margin
18.9%
Healthy — 18.9% operating margin
ROCE
2.2%
Weak — 2.2% return on capital

ROIC between 0% and 5%. They earn a few cents back per dollar invested in the business.

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Growth

Sales YoY
+7.9%
Steady sales growth (7.9% YoY)
EPS YoY
+12.3%
Earnings growing (12.3% YoY)

Healthy double-digit earnings growth — what compounders look like.

EPS Consistency
6/8 quarters
Earnings grew in most of the last 8 quarters

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Cash Flow

Cash Conversion
127%
Turns 127% of profit into real cash
FCF Margin
16.9%
Converts sales into free cash efficiently (16.9%)

FCF margin between 10% and 20%. Every $100 in sales becomes $10 to $20 in real cash.

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Stability

Debt / Equity
0.23
Conservative — low debt load (0.23)
Interest Cover
21.70x
Comfortably covers interest (21.7x)

Interest coverage above 8. Profits cover interest many times over.

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Valuation

P/E Ratio (TTM)
32.0x
Pricey — P/E 32.0

P/E above the market average. People are paying up for expected growth.

P/E vs Forward
+5.0
GROWING
Earnings expected to grow meaningfully — cheaper on forward P/E (32.0 → 27.0)

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Dividends

Not applicable for this business.
🔒 See full fundamentals and if they are improving or declining — click here for your free trial now.
Start free trial