Teledyne Technologies Incorporated (TDY)
Operating profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 989,100 | 1,046,800 | 972,000 | 624,300 | 368,800 |
| Revenue | US$ in thousands | 5,670,000 | 5,635,500 | 5,458,600 | 4,614,300 | 3,086,200 |
| Operating profit margin | 17.44% | 18.58% | 17.81% | 13.53% | 11.95% |
December 31, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $989,100K ÷ $5,670,000K
= 17.44%
Teledyne Technologies Incorporated has displayed a positive trend in its operating profit margin over the past five years. The operating profit margin increased steadily from 11.95% on December 31, 2020, to 17.44% on December 31, 2024. This improvement indicates the company's ability to effectively manage its operating expenses relative to its revenue generation. The peak in the operating profit margin at 18.58% on December 31, 2023, underscores a period of strong operational performance for Teledyne Technologies. Overall, the consistent growth in the operating profit margin reflects the company's efficiency in controlling costs and maximizing profitability over the specified period.
Peer comparison
Dec 31, 2024