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Teledyne Technologies (Teledyne Technologies) Net Income : $886 Mil (TTM As of Mar. 2024)


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What is Teledyne Technologies Net Income?

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax. Teledyne Technologies's Net Income for the three months ended in Mar. 2024 was $179 Mil. Its Net Income for the trailing twelve months (TTM) ended in Mar. 2024 was $886 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Teledyne Technologies's Earnings per Share (Diluted) for the three months ended in Mar. 2024 was $3.72.


Teledyne Technologies Net Income Historical Data

The historical data trend for Teledyne Technologies's Net Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Teledyne Technologies Net Income Chart

Teledyne Technologies Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 402.30 401.90 445.30 788.60 885.70

Teledyne Technologies Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Net Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 178.70 185.30 198.60 323.10 178.50

Teledyne Technologies Net Income Calculation

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax.

Net Income
= Revenue - Cost of Goods Sold - Selling, General, & Admin. Expense - Research & Development - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= EBITDA - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Operating Income - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Pre-Tax Income - Tax Expense + Others

Teledyne Technologies's Net Income for the fiscal year that ended in Dec. 2023 is calculated as

Net Income(A: Dec. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=958.9+-72.3+0+-0.89999999999998
=886

Teledyne Technologies's Net Income for the quarter that ended in Mar. 2024 is calculated as

Net Income(Q: Mar. 2024 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=225.5+-46.4+0+-0.59999999999999
=179

Net Income for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $886 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Teledyne Technologies  (NYSE:TDY) Net Income Explanation

Net Income is the most widely cited number in reporting a company's profitability. It is linked to the most popular earnings-per-share (EPS) number through:

Teledyne Technologies's Earnings per Share (Diluted) (EPS) for the quarter that ended in Mar. 2024 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

EPS is most useful for companies that have:

A predictable business
Consistent accounting methods
And few restructurings

The dividend paid to preferred stocks needs to be subtracted from the total net income in the calculation of EPS because common stock holders are not entitled to that part of the net income.


Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred Net Income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.


Teledyne Technologies Net Income Related Terms

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Teledyne Technologies (Teledyne Technologies) Business Description

Traded in Other Exchanges
Address
1049 Camino Dos Rios, Thousand Oaks, CA, USA, 91360-2362
Teledyne Technologies Inc sells technologies for industrial markets. Roughly a fourth of Teledyne's revenue comes from contracts with the United States government. The firm operates in four segments: instrumentation, digital imaging, aerospace and defense electronics, and engineered systems. The instrumentation segment provides monitoring instruments primarily for marine and environmental applications. The digital imaging segment contributes the largest proportion of revenue, and includes image sensors and cameras for industrial, government, and medical customers. The aerospace and defense electronics segment provides electronic components and communication products for aircraft. The engineered systems segment provides solutions for defense, space, environmental, and energy applications.
Executives
Sue Main officer: VP & Controller TELEDYNE TECHNOLOGIES INCORPORATED, 1049 CAMINO DOS RIOS, THOUSAND OAKS CA 91360
Jason Vanwees officer: VP, Strategy, Mergers & Acq. 1049 CAMINO DOS RIOS, THOUSAND OAKS CA 91360
Robert Mehrabian officer: Chairman, Pres. & CEO C/O TELEDYNE TECHNOLOGIES INCORPORATED, 1049 CAMINO DOS RIOS, THOUSAND OAKS CA 91360
Von Schack Wesley W director ENERGY EAST CORP, PO BOX 3287, ITHACA NY 14852-3287
Michael T Smith director 190 NW SPANISH RIVER BOULEVARD, SUITE 101, BOCA RATON FL 33431
Jane Cecile Sherburne director ONE WALL STREET, NEW YORK NY 10286
Melanie Susan Cibik officer: Sr. VP, General Counsel & Sec. 1049 CAMINO DOS RIOS, THOUSAND OAKS CA 91360
Stephen Finis Blackwood officer: Senior VP & Treasurer 1049 CAMINO DOS RIOS, THOUSAND OAKS CA 91360
Bobb George C Iii officer: See Remarks 1039 CAMINO DOS RIOS, THOUSAND OAKS CA 91360
Charles Crocker director ONE POST ST, STE 2500, SAN FRANCISCO CA 94104
Kenneth C Dahlberg director SCIENCE APPLICATIONS INTERNATIONAL CORP., 10260 CAMPUS POINT DRIVE, SAN DIEGO CA 92121
Cynthia Y Belak officer: Vice President and Controller 1049 CAMINO DOS RIOS, THOUSAND OAKS CA 91360
Simon M Lorne director 666 FIFTH AVENUE, 8TH FLOOR, NEW YORK NY 10103
Vincent J Morales director PPG INDUSTRIES, INC., ONE PPG PLACE, PITTSBURGH PA 15272
Aldo Pichelli officer: Segment President & COO TELEDYNE TECHNOLOGIES INCORPORATED, 1049 CAMINO DOS RIOS, THOUSAND OAKS CA 91360