Teledyne Technologies management check
TDY · Information Technology · Electronic Equipment & Instruments · CEO Mr. Bobb
Filings as of
3 good · 1 to watch · 3 flagged, across the seven questions below.
- Flag
Have owners done well?
Trailed its chosen peers$100 invested at the start of fiscal 2022 grew to $132, against $193 for the peer group the company picked itself.
- Flag
Does pay follow performance?
Pay moved against returnsOver 4 years, the CEO's pay actually paid (equity valued at the share price) had a correlation of -0.82 with shareholder return. 1 means pay moved in step; below 0, the opposite way.
- Good
What does the CEO cost owners?
0.5% of net income$4.3m of reported pay in fiscal 2025, against $894.8m of net income.
- Watch
Do they own the stock?
Insiders are selling2 insiders sold $4.7m in the last six months and none bought.
- Good
Are owners being diluted?
Share count shrinkingDiluted shares changed -0.5% a year over the last three fiscal years.
- Flag
Is leadership stable?
3 CEOs in the pay tableCEOs in the pay table: Dr. Mehrabian, Dr. Roks, Mr. Bobb. 15 filings under 8-K item 5.02 (officers or directors leaving or joining, or new pay arrangements) in the last 3 years.
- Good
Are the books clean?
No red flags on fileNo restatements, auditor changes or late filings since 2021.
Against the S&P 500
Each check's score (0–100) and how it compares: the share of ranked S&P 500 companies it matches or beats, and the median in Information Technology.
| Check | Score | At or above | Sector median |
|---|---|---|---|
| Owner returns | 10 | 33 | |
| Pay for performance | 9 | 87 | |
| CEO cost | 77 | 35 | |
| Skin in the game | — | — | 47 |
| Dilution | 57 | 56 | |
| Stable leadership | 0 | 85 | |
| Clean books | 100 | 100 |
Closest peers
Others in Electronic Equipment & Instruments, by management score. Teledyne Technologies is 67th of 73 in its sector.
- 284ZBRAZebra Technologies62
- 309ROPRoper Technologies61
- 402KEYSKeysight Technologies53
- 459NOWServiceNow43
- 461PTCPTC Inc.42
- 463TDYTeledyne Technologies42
Pay versus performance
From the proxy statement filed March 12, 2026. "Actually paid" values stock awards at the share price, so it rises and falls with the stock.
| Fiscal year | CEO | CEO pay | Actually paid | Other executives (avg) | $100 became | Peers | Net income |
|---|---|---|---|---|---|---|---|
| 2025 | Mr. Bobb, Dr. Roks | $4.3m | $3.9m | $4.2m | $132 | $193 | $894.8m |
| 2024 | Dr. Roks | $4.0m | $4.3m | $3.7m | $136 | $181 | $819.2m |
| 2023 | Dr. Mehrabian | $8.6m | $6.7m | $1.4m | $128 | $153 | $885.7m |
| 2022 | Dr. Mehrabian | $6.6m | $6.2m | $2.1m | $126 | $136 | $445.3m |
The board says pay is tied most to Adjusted Income Before Taxes. Its other key measures: Adjusted Revenue, Revenue, Total Stockholder Return, Managed Working Capital as Percentage of Sales.
Insiders and the CEO's stake
2 insiders sold $4.7m in the last six months and none bought.
- SoldSimon M LorneDirector$4.4mAug 12, 2026
- SoldSchack Wesley W VonDirector$321kAug 12, 2026
Leadership and governance on file
- Oct 2, 2026Leadership change8-K/A 5.02
- Sep 28, 2026Leadership change8-K 5.02
- Apr 23, 2026Leadership change8-K 5.02
- Jan 21, 2026Leadership change8-K 5.02
- Jan 2, 2026Leadership change8-K 5.02
- Dec 18, 2025Leadership change8-K 5.02
- Oct 22, 2025Leadership change8-K 5.02
- Jul 23, 2025Leadership change8-K/A 5.02
- May 5, 2025Leadership change8-K/A 5.02
- Apr 28, 2025Leadership change8-K 5.02
- Apr 24, 2025Leadership change8-K 5.02
- Jan 22, 2025Leadership change8-K 5.02
Latest shareholder vote results: Apr 23, 2026, including the say-on-pay vote.
Where the money went
Over 2021–2025: $756.9m returned to owners in buybacks and dividends, 20% of net income, and $0 of pay in stock.
| Fiscal year | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | $4.6bn | $5.5bn | $5.6bn | $5.7bn | $6.1bn |
| Net income | $445.3m | $788.6m | $885.7m | $819.2m | $894.8m |
| Stock-based pay | — | — | — | — | — |
| Buybacks | — | $0 | $0 | $354.0m | $402.9m |
| Dividends | — | — | — | — | — |
| Diluted shares | 44m | 48m | 48m | 48m | 47m |
Educational only, not investment advice. Figures are as filed with the SEC: pay from the proxy's pay-versus-performance table, capital allocation from 10-K XBRL data, insider trades from Form 4s over the last six months, events from the last 5 years of filings. The peer group is the one the company chose. See the method.