AI Takeaway
Teledyne Technologies (TDY) delivered solid FY2025 results with revenue growing 7.9% to $6.12B and operating income surging 16.2% to $1.15B, reflecting improved operating leverage and disciplined cost management.
Revenue
$6.12B
++7.86% YoY
EPS (Basic)
$19.12
++9.70% YoY
Operating Income
$1.15B
++16.25% YoY
Filed · Analysis updated · Source: SEC EDGAR 10-K filing
TDY grew total revenue by 7.9% year-over-year to $6.12B in FY2025, up from $5.67B in the prior year, demonstrating consistent demand across its diversified technology and instrumentation segments.
Source: Source: 10-K Income Statement (XBRL Financial Data)
Operating margin improved by approximately 140 basis points to 18.8% in FY2025 from 17.4% in FY2024, as operating income grew at a faster rate (16.2%) than revenue (7.9%), indicating meaningful operating leverage.
Source: Source: 10-K Income Statement & Key Ratios (XBRL Financial Data)
SG&A expenses grew only 3.2% to $931.1M despite a 7.9% revenue increase, reflecting cost discipline that contributed to the margin expansion seen in FY2025.
Source: Source: 10-K Income Statement (XBRL Financial Data)
2 more insights available
Upgrade to unlockCurrent liabilities jumped 47.4% year-over-year to $1.86B in FY2025 from $1.26B in FY2024, while cash and equivalents declined 45.8% to $352.4M. This compression in near-term liquidity warrants monitoring, though the current ratio of 1.64x remains above 1.0.
Source: Source: 10-K Balance Sheet (XBRL Financial Data)
Unlock 4 more detailed risk analysis
Upgrade to unlockReported EPS of $6.30 versus the $5.81 analyst consensus — a +8.5% beat for FY2025.
| Metric | Current | Previous | YoY Change |
|---|---|---|---|
Revenue | $6.12B | $5.67B | +7.86% |
Cost of Revenue | $3.5B | $3.24B | +8.20% |
Operating Income | $1.15B | $989.1M | +16.25% |
Net Income | $894.8M | $819.2M | +9.23% |
EPS (Basic) | $19.12 | $17.43 | +9.70% |
EPS (Diluted) | $18.88 | $17.21 | +9.70% |
R&D Expense | $317.3M | $292.6M | +8.44% |
SG&A Expense | $931.1M | $902.6M | +3.16% |
| Metric | Current | Previous | YoY Change |
|---|---|---|---|
Total Assets | $15.29B | $14.2B | +7.64% |
Current Assets | $3.06B | $2.94B | +3.77% |
Total Liabilities | $4.77B | $4.65B | +2.72% |
Current Liabilities | $1.86B | $1.26B | +47.44% |
Stockholders' Equity | $10.51B | $9.55B | +10.10% |
Cash & Equivalents | $352.4M | $649.8M | -45.77% |
Long-Term Debt | $2.48B | $2.65B | -6.55% |
| Metric | Current | Previous | YoY Change |
|---|---|---|---|
Operating Cash Flow | $1.19B | $1.19B | -0.05% |
Investing Cash Flow | $-937.9M | $-207.2M | -352.65% |
Financing Cash Flow | $-555.2M | $-945.8M | +41.30% |
Share Buybacks | $402.9M | $354M | +13.81% |
| Metric | Current | Previous | YoY Change |
|---|---|---|---|
Operating Margin | 18.8% | 17.4% | +1.36% |
Net Margin | 14.6% | — | — |
ROE | 8.5% | — | — |
ROA | 5.9% | — | — |
Current Ratio | $1.643 | — | — |
Debt to Equity | $0.454 | — | — |
Other companies in Electronic Equipment & Instruments
Teledyne Technologies reported FY2025 revenue of $6.12B, up 7.9% year-over-year, and net income of $894.8M, up 9.2%. Diluted EPS grew 9.7% to $18.88, and operating margin expanded to 18.8% from 17.4% in the prior year.
TDY's 7.9% revenue growth to $6.12B in FY2025 was supported by broad demand across its technology segments, with operating income growing even faster at 16.2% to $1.15B due to disciplined cost management. SG&A expenses grew only 3.2%, well below the revenue growth rate, contributing to margin expansion.
While the filing text is not available to confirm specific deals, investing cash outflows surged to -$937.9M in FY2025 from just -$207.2M in FY2024, a 352.7% increase, strongly suggesting a significant acquisition or major capital expenditure during the year.
TDY maintains a solid financial position with stockholders' equity of $10.51B, a current ratio of 1.64x, and a conservative debt-to-equity ratio of 0.45x. However, cash and equivalents declined 45.8% to $352.4M and current liabilities rose 47.4%, which are trends worth monitoring.
TDY repurchased $402.9M in shares during FY2025, up 13.8% from $354.0M in FY2024, reflecting continued commitment to shareholder returns. Operating cash flow of $1.19B provided ample coverage for both buybacks and investing activities.