Teledyne Technologies
TDY · Electronic Equipment & Instruments
$625.41
0.8%Zebra Technologies
ZBRA · Electronic Equipment & Instruments
$386.45
0.6%The short version
- Teledyne Technologies is the larger business, with $6.1B of revenue in fiscal 2025 against $5.4B for Zebra Technologies.
- Teledyne Technologies kept more of each dollar of sales as operating profit (18.8% operating margin, against 13.0% operating margin).
- Teledyne Technologies turned more of its sales into free cash flow (17.6% FCF margin, against 15.4% FCF margin).
- Zebra Technologies earned a higher return on the capital invested in it (9.7%, against 7.8%).
- Investors pay more for each dollar of Zebra Technologies’s earnings: a P/E of 35.3x against 28.6x for Teledyne Technologies.
| Latest fiscal year | TDY · FY25 | ZBRA · FY25 |
|---|---|---|
| Size | ||
| Market cap | $29.3B | $18.6B |
| Revenue | $6.1B | $5.4B |
| Free cash flow | $1.1B | $831M |
| Net income | $895M | $419M |
| Growth | ||
| Revenue growth | 7.9% | 8.3% |
| 5-year growth | 14.7% | 3.9% |
| Share count change | −0.4% | −1.3% |
| Profitability | ||
| Gross margin | 42.8% | 48.1% |
| Operating margin | 18.8% | 13.0% |
| Net margin | 14.6% | 7.8% |
| FCF margin | 17.6% | 15.4% |
| Return on capital | 7.8% | 9.7% |
| Return on equity | 8.9% | 11.7% |
| Balance sheet | ||
| Net debt | $2.1B | $2.4B |
| Net debt / EBITDA | 1.4x | 2.7x |
| Dividends and buybacks | $403M | $587M |
| Valuation & quality | ||
| P/E | 28.6x | 35.3x |
| Piotroski F-score | 7 | 4 |
FY16
TDY $2.1B
ZBRA $3.6B
FY17
TDY $2.6B
ZBRA $3.7B
FY18
TDY $2.9B
ZBRA $4.2B
FY19
TDY $3.2B
ZBRA $4.5B
FY20
TDY $3.1B
ZBRA $4.4B
FY21
TDY $4.6B
ZBRA $5.6B
FY22
TDY $5.5B
ZBRA $5.8B
FY23
TDY $5.6B
ZBRA $4.6B
FY24
TDY $5.7B
ZBRA $5.0B
FY25
TDY $6.1B
ZBRA $5.4B
TDY
ZBRA
FY16
TDY 11.2%
ZBRA 2.2%
FY17
TDY 12.4%
ZBRA 8.7%
FY18
TDY 14.4%
ZBRA 14.5%
FY19
TDY 15.5%
ZBRA 15.4%
FY20
TDY 15.6%
ZBRA 14.6%
FY21
TDY 13.5%
ZBRA 17.4%
FY22
TDY 17.8%
ZBRA 9.2%
FY23
TDY 18.4%
ZBRA 10.5%
FY24
TDY 17.4%
ZBRA 14.9%
FY25
TDY 18.8%
ZBRA 13.0%
TDY
ZBRA
FY16
TDY $229M
ZBRA $303M
FY17
TDY $316M
ZBRA $428M
FY18
TDY $360M
ZBRA $721M
FY19
TDY $394M
ZBRA $624M
FY20
TDY $548M
ZBRA $895M
FY21
TDY $723M
ZBRA $1.0B
FY22
TDY $394M
ZBRA $413M
FY23
TDY $721M
ZBRA −$91.0M
FY24
TDY $1.1B
ZBRA $954M
FY25
TDY $1.1B
ZBRA $831M
TDY
ZBRA
FY16
TDY 9.6%
ZBRA 1.8%
FY17
TDY 10.4%
ZBRA 5.2%
FY18
TDY 12.2%
ZBRA 16.8%
FY19
TDY 13.5%
ZBRA 25.4%
FY20
TDY 12.3%
ZBRA 22.1%
FY21
TDY 7.1%
ZBRA 24.7%
FY22
TDY 7.4%
ZBRA 10.9%
FY23
TDY 8.2%
ZBRA 8.7%
FY24
TDY 7.4%
ZBRA 12.4%
FY25
TDY 7.8%
ZBRA 9.7%
TDY
ZBRA
Add another company
Compare up to four at once.
Each company's latest fiscal year; fiscal years end in different months. The best value in each row is highlighted where higher (or lower) is clearly better. Not investment advice.