Teledyne Technologies Incorporated (TDY)

Operating profit margin

		Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020
Operating income (ttm)	US$ in thousands	988,400	1,022,800	1,016,400	1,025,500	1,034,400	1,036,700	1,017,600	991,000	972,000	893,300	837,700	712,600	624,300	573,000	505,900	511,300	480,100	470,100	476,300	498,400
Revenue (ttm)	US$ in thousands	5,669,300	5,592,000	5,551,000	5,601,600	5,635,500	5,628,700	5,589,800	5,520,900	5,458,600	5,416,100	5,364,400	5,129,600	4,614,300	4,047,900	3,485,000	3,107,300	3,086,200	3,111,100	3,164,300	3,203,000
Operating profit margin		17.43%	18.29%	18.31%	18.31%	18.36%	18.42%	18.20%	17.95%	17.81%	16.49%	15.62%	13.89%	13.53%	14.16%	14.52%	16.45%	15.56%	15.11%	15.05%	15.56%

December 31, 2024 calculation

Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $988,400K ÷ $5,669,300K
= 17.43%

Teledyne Technologies Incorporated has demonstrated a relatively stable trend in its operating profit margin over the past several quarters. The operating profit margin ranged between 13.53% to 18.42% during the period from December 31, 2021, to September 30, 2023.

There was a slight decrease in the operating profit margin from September 30, 2023 (18.42%) to December 31, 2023 (18.36%), followed by a relatively steady margin throughout the first three quarters of 2024, ranging between 18.31% to 18.29%.

Overall, the operating profit margin of Teledyne Technologies has shown resilience and improvement, reaching a high of 18.42% in September 30, 2023, and generally maintaining levels above 15% in the subsequent quarters, which indicates efficient management of operating costs and optimization of revenue generation.