Teledyne Technologies Incorporated (TDY)

Return on equity (ROE)

		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
Net income (ttm)	US$ in thousands	819,200	943,800	880,400	885,500	885,700	789,000	768,700	754,700	788,600	724,000	679,800	573,200	445,300	415,600	375,400	404,400	401,900	385,500	398,300	409,200
Total stockholders’ equity	US$ in thousands	9,549,400	9,594,200	9,319,700	9,328,000	9,221,200	8,721,900	8,579,000	8,365,700	8,158,200	7,662,900	7,871,800	7,832,400	7,622,000	7,416,600	7,312,400	3,336,300	3,228,600	3,026,000	2,879,900	2,753,000
ROE		8.58%	9.84%	9.45%	9.49%	9.61%	9.05%	8.96%	9.02%	9.67%	9.45%	8.64%	7.32%	5.84%	5.60%	5.13%	12.12%	12.45%	12.74%	13.83%	14.86%

December 31, 2024 calculation

ROE = Net income (ttm) ÷ Total stockholders’ equity
= $819,200K ÷ $9,549,400K
= 8.58%

Teledyne Technologies Incorporated's Return on Equity (ROE) has shown fluctuations over the past few years. From March 31, 2020, to December 31, 2020, ROE gradually decreased from 14.86% to 12.45%. This downward trend continued into the first half of 2021, hitting a low of 5.13% by June 30, 2021. However, there was a slight improvement in the second half of 2021, with ROE increasing to 9.67% by December 31, 2021.

During the first half of 2022, ROE continued to increase, reaching 8.64% by June 30, 2022, and further improved in the following quarters to reach 9.84% by September 30, 2024. However, there was a slight decline seen by the end of 2024, with ROE dropping to 8.58% by December 31, 2024.

Overall, Teledyne Technologies Incorporated's ROE has demonstrated mixed performance with periods of both decline and improvement. The company should focus on sustaining and enhancing its ROE to ensure efficient utilization of shareholder equity and generate favorable returns in the future.