FLEX vs. TDY: Flex vs. Teledyne Stock Comparison
How do Flex (FLEX) and Teledyne (TDY) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.
Company Profile
Flex (FLEX) and Teledyne (TDY) both belong to the Electronic Equipment, Instruments & Components industry, though FLEX is classified under Electronic Manufacturing Services while TDY falls under Electronic Equipment & Instruments.
| Profile Item | FLEX | TDY |
|---|---|---|
| Name | Flex Ltd. | Teledyne Technologies Incorporated |
| Country/Region | United States | United States |
| GICS Sector | Information Technology | Information Technology |
| GICS Industry Group | Technology Hardware & Equipment | Technology Hardware & Equipment |
| GICS Industry | Electronic Equipment, Instruments & Components | Electronic Equipment, Instruments & Components |
| GICS Sub-Industry | Electronic Manufacturing Services | Electronic Equipment & Instruments |
| Market Capitalization | 25.78 billion USD | 28.68 billion USD |
| Currency | USD | USD |
| Exchange | Nasdaq | NYSE |
| Listing Date | March 18, 1994 | November 23, 1999 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | FLEX | TDY |
|---|---|---|
| Total Return (1Y) | 24.99% | 25.47% |
| Total Return (3Y, Annualized) | 59.41% | 19.59% |
| Total Return (5Y, Annualized) | 42.37% | 7.96% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | FLEX | TDY |
|---|---|---|
| Volatility (1Y, Annualized) | 76.21% | 27.63% |
| Beta (5Y) | 1.82 | 0.88 |
| Max Drawdown (5Y) | -58.83% | -32.24% |
| Avg. Volume (3M) | 4.28M | 304.37K |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | FLEX | TDY |
|---|---|---|
| Sharpe Ratio (1Y) | 0.27 | 0.77 |
| Sortino Ratio (1Y) | 0.44 | 1.19 |
Profitability
ROE (TTM)
Both Flex (FLEX) at 19.13% and Teledyne (TDY) at 9.47% land near their industries’ usual ROE ranges, so capital efficiency looks broadly in line with peers on both sides.
FLEX
Technology Hardware & Equipment industry group
19.13%
- Max
- 42.47%
- FLEX
- 19.13%
- Q3
- 19.13%
- Median
- 11.00%
- Q1
- 1.63%
- Min
- -20.62%
TDY
Technology Hardware & Equipment industry group
9.47%
- Max
- 42.47%
- Q3
- 19.13%
- Median
- 11.00%
- TDY
- 9.47%
- Q1
- 1.63%
- Min
- -20.62%
Net Margin (TTM)
Teledyne (TDY) at 15.75% retains a top-quartile share of revenue as profit, ahead of Flex (FLEX) at 3.35%, which keeps about the industry-typical share.
FLEX
Technology Hardware & Equipment industry group
3.35%
- Max
- 27.60%
- Q3
- 11.66%
- Median
- 4.08%
- FLEX
- 3.35%
- Q1
- 0.00%
- Min
- -11.02%
TDY
Technology Hardware & Equipment industry group
15.75%
- Max
- 27.60%
- TDY
- 15.75%
- Q3
- 11.66%
- Median
- 4.08%
- Q1
- 0.00%
- Min
- -11.02%
Operating Margin (TTM)
Teledyne (TDY) at 20.76% operates in the top operating margin quartile, ahead of Flex (FLEX) at 5.05%, which runs around its industry’s norm.
FLEX
Technology Hardware & Equipment industry group
5.05%
- Max
- 36.27%
- Q3
- 18.36%
- Median
- 8.84%
- FLEX
- 5.05%
- Q1
- 1.46%
- Min
- -21.39%
TDY
Technology Hardware & Equipment industry group
20.76%
- Max
- 36.27%
- TDY
- 20.76%
- Q3
- 18.36%
- Median
- 8.84%
- Q1
- 1.46%
- Min
- -21.39%
Profitability Metrics
| Metric | FLEX | TDY |
|---|---|---|
| ROE (TTM) | 19.13% | 9.47% |
| ROA (TTM) | 4.39% | 5.31% |
| Net Margin (TTM) | 3.35% | 15.75% |
| Operating Margin (TTM) | 5.05% | 20.76% |
| Gross Margin (TTM) | 9.67% | 43.60% |
Growth
Revenue Growth
Both Flex (FLEX) at 8.14% and Teledyne (TDY) at 7.86% land near their industries' usual revenue growth ranges, so top-line momentum looks broadly in line with peers on both sides.
EPS Growth
Both Flex (FLEX) at 10.43% and Teledyne (TDY) at 9.70% land near their industries' usual EPS growth ranges, so bottom-line momentum looks broadly in line with peers on both sides.
Growth Metrics
| Metric | FLEX | TDY |
|---|---|---|
| Revenue Growth (YoY) | 8.14% | 7.86% |
| Revenue Growth (3Y CAGR) | -0.69% | 3.86% |
| EPS Growth (YoY) | 10.43% | 9.70% |
| EPS Growth (3Y CAGR) | 10.65% | 4.53% |
Financial Strength
Current Ratio (MRQ)
Both Flex (FLEX) at 1.34 and Teledyne (TDY) at 2.31 carry current ratio within their industries’ typical mid-ranges, suggesting balanced short-term liquidity relative to peers.
FLEX
Technology Hardware & Equipment industry group
1.34
- Max
- 5.34
- Q3
- 3.02
- Median
- 1.95
- FLEX
- 1.34
- Q1
- 1.32
- Min
- 0.17
TDY
Technology Hardware & Equipment industry group
2.31
- Max
- 5.34
- Q3
- 3.02
- TDY
- 2.31
- Median
- 1.95
- Q1
- 1.32
- Min
- 0.17
Debt / Equity (MRQ)
Teledyne (TDY) at 0.18 carries an industry-typical debt-to-equity mix, while Flex (FLEX) at 1.03 uses more debt funding than most peers.
FLEX
Technology Hardware & Equipment industry group
1.03
- Max
- 1.76
- FLEX
- 1.03
- Q3
- 0.78
- Median
- 0.24
- Q1
- 0.04
- Min
- 0.01
TDY
Technology Hardware & Equipment industry group
0.18
- Max
- 1.76
- Q3
- 0.78
- Median
- 0.24
- TDY
- 0.18
- Q1
- 0.04
- Min
- 0.01
Financial Strength Metrics
| Metric | FLEX | TDY |
|---|---|---|
| Current Ratio (MRQ) | 1.34 | 2.31 |
| Debt / Equity (MRQ) | 1.03 | 0.18 |
| Net Debt / EBITDA | 1.32 | 0.88 |
Dividends
Dividend Yield (TTM)
Neither Flex (FLEX) nor Teledyne (TDY) pays a dividend this period — they may reinvest, use buybacks, or simply not return cash through dividends.
FLEX
Technology Hardware & Equipment industry group
0.00%
- Max
- 0.73%
- Q3
- 0.31%
- FLEX
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
TDY
Technology Hardware & Equipment industry group
0.00%
- Max
- 0.73%
- Q3
- 0.31%
- TDY
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Neither Flex (FLEX) nor Teledyne (TDY) pays a dividend this period — they may reinvest, use buybacks, or simply not return cash through dividends.
FLEX
Technology Hardware & Equipment industry group
0.00%
- Max
- 32.27%
- Q3
- 14.48%
- FLEX
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
TDY
Technology Hardware & Equipment industry group
0.00%
- Max
- 32.27%
- Q3
- 14.48%
- TDY
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | FLEX | TDY |
|---|---|---|
| Dividend Yield (TTM) | 0.00% | 0.00% |
| Dividend Payout Ratio (TTM) | 0.00% | 0.00% |
Valuation
P/E Ratio (TTM)
Both Flex (FLEX) at 25.10 and Teledyne (TDY) at 28.32 land around their industries’ usual P/E ratio levels — neither is getting a clear earnings-multiple discount or premium versus peers.
FLEX
Technology Hardware & Equipment industry group
25.10
- Max
- 69.48
- Q3
- 41.02
- Median
- 26.39
- FLEX
- 25.10
- Q1
- 19.36
- Min
- 6.07
TDY
Technology Hardware & Equipment industry group
28.32
- Max
- 69.48
- Q3
- 41.02
- TDY
- 28.32
- Median
- 26.39
- Q1
- 19.36
- Min
- 6.07
P/S Ratio (TTM)
Flex (FLEX) at 0.83 sits in the cheaper P/S ratio quartile while Teledyne (TDY) at 4.40 prices around its industry’s middle — FLEX costs less per dollar of sales, though read it alongside growth and margins.
FLEX
Technology Hardware & Equipment industry group
0.83
- Max
- 11.30
- Q3
- 5.82
- Median
- 2.56
- Q1
- 1.05
- FLEX
- 0.83
- Min
- 0.00
TDY
Technology Hardware & Equipment industry group
4.40
- Max
- 11.30
- Q3
- 5.82
- TDY
- 4.40
- Median
- 2.56
- Q1
- 1.05
- Min
- 0.00
P/B Ratio (MRQ)
On P/B ratio, both Flex (FLEX) at 4.44 and Teledyne (TDY) at 2.57 are valued close to their industries’ norm against book — neither stands out from peers.
FLEX
Technology Hardware & Equipment industry group
4.44
- Max
- 10.75
- Q3
- 5.52
- FLEX
- 4.44
- Median
- 3.17
- Q1
- 1.79
- Min
- 0.33
TDY
Technology Hardware & Equipment industry group
2.57
- Max
- 10.75
- Q3
- 5.52
- Median
- 3.17
- TDY
- 2.57
- Q1
- 1.79
- Min
- 0.33
Valuation Metrics
| Metric | FLEX | TDY |
|---|---|---|
| P/E Ratio (TTM) | 25.10 | 28.32 |
| P/S Ratio (TTM) | 0.83 | 4.40 |
| P/B Ratio (MRQ) | 4.44 | 2.57 |
| Free Cash Flow Yield (TTM) | 2.41% | 3.33% |