Teledyne Technologies Incorporated (TDY)
Return on equity (ROE)
| 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 |
| Total stockholders’ equity | US$ in thousands | 9,549,400 | 9,221,200 | 8,158,200 | 7,622,000 | 3,228,600 |
| ROE | 8.58% | 9.61% | 9.67% | 5.84% | 12.45% |
December 31, 2024 calculation
ROE = Net income ÷ Total stockholders’ equity
= $819,200K ÷ $9,549,400K
= 8.58%
Teledyne Technologies Incorporated's return on equity (ROE) has shown variability over the past five years. As of December 31, 2020, the ROE stood at 12.45%, indicating that for every dollar of shareholders' equity, the company generated a return of 12.45%. However, by December 31, 2021, the ROE had decreased to 5.84%, reflecting a decline in profitability and efficiency in utilizing shareholder funds.
In the following years, there was a slight improvement in the ROE, reaching 9.67% by December 31, 2022. This uptick suggests that the company may have made efforts to enhance its financial performance and profitability. The ROE remained relatively stable in the subsequent years, with values of 9.61% and 8.58% as of December 31, 2023 and December 31, 2024, respectively.
Overall, while there have been fluctuations in Teledyne Technologies Incorporated's ROE, the company has managed to maintain a reasonable return on equity during the analyzed period. It is important for stakeholders to monitor ROE trends to assess the company's ability to generate profits from the funds invested by shareholders.
Peer comparison
Dec 31, 2024