Teledyne Technologies (TDY) Investor presentation summary

Business overview and strategy

• Offers a broad range of precision sensors across electromagnetic and acoustic spectrums for applications from space and defense to healthcare, safety, and energy.

• Operates vertically integrated platforms, including unmanned systems for air, land, and underwater environments.

• Maintains a balanced portfolio with approximately 30% defense and 70% commercial exposure, and a 50/50 split between U.S. and global markets.

• No single customer or international destination accounts for more than 5% of sales, reducing concentration risk.

• Pursues growth through both organic investments and a compounding acquisition strategy, having acquired 75 businesses for $12.8 billion.

Product and technology portfolio

• Supplies highly engineered, non-commoditized products, including sensors, integrated systems, and unmanned platforms.

• Covers the full spectrum of sensor technology, from X-ray and ultraviolet to acoustic and infrasonic, serving diverse applications.

• Provides vertically integrated surveillance and maritime sensors, with advanced software and AI capabilities.

• Offers autonomous and unmanned systems for sea, land, and sky, supporting a wide range of payloads.

Financial performance and growth

• 2026 estimated sales are approximately $6.54 billion, with a diversified revenue base across instrumentation, digital imaging, aerospace & defense electronics, and engineered systems.

• Revenue has grown steadily from $875 million in 2001 to an estimated $6.54 billion in 2026.

• EPS has achieved a 21.4% CAGR from 2001 to 2025, with 2026 non-GAAP EPS outlook in the $24.45–$24.65 range.

• Adjusted free cash flow reached over $1.07 billion in 2025, reflecting strong cash generation.