Teledyne Technologies Incorporated (TDY)

Net profit margin

		Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net income	US$ in thousands	819,200	885,700	788,600	445,300	401,900
Revenue	US$ in thousands	5,670,000	5,635,500	5,458,600	4,614,300	3,086,200
Net profit margin		14.45%	15.72%	14.45%	9.65%	13.02%

December 31, 2024 calculation

Net profit margin = Net income ÷ Revenue
= $819,200K ÷ $5,670,000K
= 14.45%

Teledyne Technologies Incorporated's net profit margin has displayed varying trends over the past five years. Starting at 13.02% in December 2020, it dipped to 9.65% in December 2021 before rebounding to 14.45% in December 2022 and 2024. The company experienced its highest net profit margin of 15.72% in December 2023. Overall, the net profit margin has shown resilience and improvement over the period, indicating effective cost management and revenue generation strategies by the company. Additionally, the consistent levels above 10% suggest that Teledyne Technologies Incorporated has been able to maintain healthy profitability compared to its revenue.