Does TELEDYNE TECHNOLOGIES INC have an economic moat?

Based on its FY2025 SEC filings, the Moat Index scores TELEDYNE TECHNOLOGIES INC (TDY) 55.9 out of 100 — a Shallow moat. The four filters behind that score (each 0–100): pricing power 65, returns on capital 29, balance-sheet safety 79, capital discipline 60.

Is TDY stock trading below its intrinsic value?

Against a deliberately conservative owner-earnings model (9% discount rate, 4% assumed growth, capped at 4%), estimated intrinsic value is $407.43 per share versus a recent price of $635.52 — 56% above value. This is an educational estimate computed from primary SEC filings, not investment advice.

How has TDY's Moat Score changed over time?

The record logs 3 readings since Jul 17, 2026; the latest reads 55.9 out of 100 (shallow moat). No tier changes on record yet. The history is append-only — readings are only ever added, never rewritten.

The Moat Index

TELEDYNE TECHNOLOGIES INC

TDY · Healthcare · $29.4B mkt cap · FY2025 filings · Shallow moat ·

Doesn't clear the bar

Shallow moat

The four filters

Pricing power65

Median gross margin 39.6% over 10y, very stable.

Returns on capital29

Median ROIC 8.4%, above the 9% hurdle in 40% of years.

Balance-sheet safety79

Net debt/EBITDA 1.4x, interest coverage 19x.

Capital discipline60

Owner earnings +21.6%/yr, share count growing (dilution).

Margin of safety

Above valueOn sale

56% above value

Owner earnings (normalized): $1.0B
Est. intrinsic value / share: $407.43
Recent price: $635.52
Discount to value: 56% above value

Conservative model: 9% discount rate, 4% assumed growth (capped at 4%), maintenance capex ≈ min(capex, D&A).

19 years of fundamentals

The business, in plain English

TELEDYNE TECHNOLOGIES INC booked $6.1B of revenue in FY2025 in the Healthcare sector and kept 42.8% of it as gross profit — a solid-margin business by that measure. After every other cost, 14.6% of each revenue dollar reached the bottom line.

Across the filed record, revenue grew from $1.7B (FY2008) to $6.1B (FY2025) — about 7.7% a year compounded over 17 years.

It earned 7.4% on invested capital in FY2025, with a median of 10.5% across 18 filed years. The Returns on Capital filter above scores it 29/100.

The balance sheet carried $2.5B of total debt in FY2025 against $1.1B of owner earnings — roughly 2.2 years of owner earnings to retire it all. Balance-Sheet Safety scores it 79/100.

The share count rose 28.6% between FY2008 and FY2025 — existing owners have been diluted over the record. Capital Discipline scores it 60/100.

Put together: Balance-Sheet Safety is the strongest of the four filters (79/100) and Returns on Capital the weakest (29/100), which is how TDY lands at 56/100 — a Shallow moat.

This breakdown is generated from the filed numbers and sub-scores above — no outside narrative, no estimates. Where a filing doesn’t disclose an input, the sentence that would need it is omitted instead of guessed.

RevenueSales, as filed$6.1B FY2025

Gross marginRevenue kept after cost of goods42.8% FY2025

Return on invested capitalOperating profit on the capital employed7.4% FY2025

Owner earningsCash an owner could take out$1.1B FY2025

Gaps in a line mean that item isn’t in TDY’s filings for that year — the series is never interpolated or estimated. The Table view lists every filed value, including operating and net margins, total debt, and share count.

Moat Score history

Moat Score over timeLast scored reading of each day, on the 0–100 scale55.9 / 100

Score history begins Jul 17, 2026 — the record builds from here and can’t be backfilled.

Tier changesSame-methodology crossings of the Wide / Narrow / Shallow bars

None yet — TDY has read Shallow moat for every logged capture since Jul 17, 2026.

Scores are logged append-only and never overwritten — this record can’t be backfilled, which is exactly why it’s worth keeping.

Healthcare context

#92 of 440 scored Healthcare companies, ranked by Moat Score.

Nearest peers by Moat Score

#90IMAX IMAX Corporation56.3 out of 100, Shallow moatShallow moat
#91ACAD ACADIA PHARMACEUTICALS INC56.2 out of 100, Shallow moatShallow moat
#93BRKR BRUKER CORPORATION55.9 out of 100, Shallow moatShallow moat
#94HIMS HIMS & HERS HEALTH, INC.55.8 out of 100, Shallow moatShallow moat

Compare TDY with its nearest peers →All Healthcare companies on the Index →

Common questions about TDY

Does TELEDYNE TECHNOLOGIES INC have an economic moat?: Based on its FY2025 SEC filings, the Moat Index scores TELEDYNE TECHNOLOGIES INC (TDY) 55.9 out of 100 — a Shallow moat. The four filters behind that score (each 0–100): pricing power 65, returns on capital 29, balance-sheet safety 79, capital discipline 60.
Is TDY stock trading below its intrinsic value?: Against a deliberately conservative owner-earnings model (9% discount rate, 4% assumed growth, capped at 4%), estimated intrinsic value is $407.43 per share versus a recent price of $635.52 — 56% above value. This is an educational estimate computed from primary SEC filings, not investment advice.
How has TDY's Moat Score changed over time?: The record logs 3 readings since Jul 17, 2026; the latest reads 55.9 out of 100 (shallow moat). No tier changes on record yet. The history is append-only — readings are only ever added, never rewritten.

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Scored from primary SEC filings via the public methodology. Educational only — not a recommendation to buy or sell TDY. See the disclaimer.