TELEDYNE TECHNOLOGIES INC（TDY）の決算・業績分析
TELEDYNE TECHNOLOGIES INCの2025年有価証券報告書をAI分析。売上高$6.1B(+7.9%)。営業利益$1.1B。Health Care。
目次
TELEDYNE TECHNOLOGIES INCの2025年度 業績サマリー
TELEDYNE TECHNOLOGIES INC（証券コード: TDY）の2025年度決算・業績分析。売上高は$6.1B（前年比+7.9%）。営業利益は$1.1B（前年比+16.2%）。純利益は$895M（前年比+9.2%）。有価証券報告書を基に、業績変化の要因・リスク・見通し・セグメント構成を AI が分析しました。
TELEDYNE TECHNOLOGIES INCの2024年度 注目ポイント
※ 直近の2025年度XBRLデータは取込済みですが、AI分析は2024年度の10-Kを対象としています。
- Revenue grew 18.3% YoY to $5.5B (XBRL), driven by strong performance across segments.
- Operating income surged 55.7% YoY to $972M (XBRL), with operating margin expanding to 17.8%.
- Net income increased 77.1% YoY to $789M (XBRL), reflecting improved profitability and cost management.
TELEDYNE TECHNOLOGIES INCの売上高変化の要因
- •Revenue grew to $5.5B in FY2024, up 18.3% YoY (XBRL), with a 5-year CAGR of 14.2% (XBRL). Historical data shows consistent growth from $2.9B in FY2020 to $5.6B in FY2025 (XBRL). Operating income increased 55.7% YoY to $972M (XBRL), reflecting strong performance in high-margin segments. Net income rose 77.1% YoY to $789M (XBRL), driven by operational efficiencies and higher gross margins.
TELEDYNE TECHNOLOGIES INCの営業利益変化の要因
- •Operating margin expanded to 17.8% (XBRL), up from 13.6% in FY2023 (calculated from $624M operating income at $4.6B revenue). Net margin improved to 14.4% (XBRL), up from 9.7% in FY2023 (calculated from $445M net income at $4.6B revenue). EBITDA reached $1.3B (23.9% of revenue) (XBRL), with a 5-year CAGR of 19.9% in operating income (XBRL).
TELEDYNE TECHNOLOGIES INCの事業リスクと対応
Recession risks could reduce revenues, profitability, and cash flows (10-K).
Acquisition risks include integration challenges, liabilities, and failure to achieve synergies (10-K).
Higher interest rates may decrease customer capital spending, harming sales (10-K).
Rising component, material, and labor costs could erode gross margins (10-K).
Supply chain shortages may delay production and reduce revenue (10-K).
Regulatory risks include challenges in obtaining approvals for acquisitions under merger control and foreign direct investment laws (10-K).
Technology disruption and failure to fund R&D could hinder competitive position (10-K).
TELEDYNE TECHNOLOGIES INCの事業内容
Teledyne Technologies Inc (TDY) operates in industrial markets requiring advanced technology and high reliability, generating revenue through the sale of specialized equipment such as digital imaging sensors, instrumentation, and engineered systems (10-K). Key segments include Digital Imaging, Instrumentation, Aerospace and Defense Electronics, and Engineered Systems (10-K). The company competes in markets where technological innovation and R&D investment ($352M in FY2024) are critical to maintaining leadership (XBRL). No significant customer concentration is reported (10-K).
TELEDYNE TECHNOLOGIES INCのAI業績分析レポート（2024年度）
Teledyne Technologies Inc (TDY) FY2024 Annual Report Analysis
Highlights
Business Overview
Teledyne Technologies Inc operates in industrial markets requiring advanced technology and high reliability, generating revenue through the sale of specialized equipment such as digital imaging sensors, instrumentation, and engineered systems (10-K). Key segments include Digital Imaging, Instrumentation, Aerospace and Defense Electronics, and Engineered Systems (10-K). The company competes in markets where technological innovation and R&D investment ($352M in FY2024) are critical to maintaining leadership (XBRL). No significant customer concentration is reported (10-K).
Revenue Analysis
Revenue grew to $5.5B in FY2024, up 18.3% YoY (XBRL), with a 5-year CAGR of 14.2% (XBRL). Historical data shows consistent growth from $2.9B in FY2020 to $5.6B in FY2025 (XBRL). Operating income increased 55.7% YoY to $972M (XBRL), reflecting strong performance in high-margin segments. Net income rose 77.1% YoY to $789M (XBRL), driven by operational efficiencies and higher gross margins.
Profitability Analysis
Operating margin expanded to 17.8% (XBRL), up from 13.6% in FY2023 (calculated from $624M operating income at $4.6B revenue). Net margin improved to 14.4% (XBRL), up from 9.7% in FY2023 (calculated from $445M net income at $4.6B revenue). EBITDA reached $1.3B (23.9% of revenue) (XBRL), with a 5-year CAGR of 19.9% in operating income (XBRL).
Balance Sheet Analysis
Equity increased to $7.6B in FY2024 (XBRL), with an equity ratio of 53.1% (XBRL). Long-term debt stood at $2.6B (XBRL), resulting in a net debt-to-EBITDA ratio of 1.5x (XBRL). Current ratio was 1.69x (XBRL), indicating strong liquidity. Total assets grew to $14.4B in FY2024 (XBRL), up from $14.4B in FY2023 (XBRL).
Cash Flow Analysis
Operating cash flow was $487M (XBRL), down from $825M in FY2023 (XBRL). Free cash flow (FCF) was $394M (XBRL), calculated as operating cash flow minus CapEx of $93M (XBRL). Capital expenditures were $93M (XBRL), with depreciation and amortization at $332M (XBRL). No share repurchases were reported in FY2024 (XBRL).
Working Capital Analysis
Days sales outstanding (receivables) were 60 days (XBRL), inventory days were 107 days (XBRL), and payables days were 45 days (XBRL). The cash conversion cycle (CCC) was 122 days (XBRL), reflecting inventory management challenges.
Risks
Outlook
N/A — no specific management guidance or forward-looking trends are disclosed in the provided data (10-K).
Historical Time Series
| Metric | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|
| Revenue | 2.9B | 3.2B | 3.1B | 4.6B | 5.5B | 5.6B |
| Operating Income | 417M | 492M | 480M | 624M | 972M | 1.0B |
| Net Income | 334M | 402M | 402M | 445M | 789M | 886M |
| Total Assets | 4.6B | 4.6B | 5.1B | 14.4B | 14.4B | 14.5B |
| Total Equity | 1.9B | 2.2B | 2.7B | 3.2B | 7.6B | 8.2B |
| Operating Cash Flow | 447M | 482M | 619M | 825M | 487M | 836M |
Health Careの企業一覧
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