KEYS vs. TDY: Keysight vs. Teledyne Stock Comparison
How do Keysight (KEYS) 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
Keysight (KEYS) and Teledyne (TDY) are both classified in the Electronic Equipment & Instruments sub-industry within the broader Electronic Equipment, Instruments & Components industry, placing them in the closest GICS peer bucket.
| Profile Item | KEYS | TDY |
|---|---|---|
| Name | Keysight Technologies, Inc. | 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 Equipment & Instruments | Electronic Equipment & Instruments |
| Market Capitalization | 46.33 billion USD | 28.68 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | NYSE |
| Listing Date | October 20, 2014 | November 23, 1999 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | KEYS | TDY |
|---|---|---|
| Total Return (1Y) | 59.88% | 25.47% |
| Total Return (3Y, Annualized) | 33.36% | 19.59% |
| Total Return (5Y, Annualized) | 9.24% | 7.96% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | KEYS | TDY |
|---|---|---|
| Volatility (1Y, Annualized) | 47.95% | 27.63% |
| Beta (5Y) | 1.22 | 0.88 |
| Max Drawdown (5Y) | -42.62% | -32.24% |
| Avg. Volume (3M) | 1.31M | 304.37K |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | KEYS | TDY |
|---|---|---|
| Sharpe Ratio (1Y) | 1.16 | 0.77 |
| Sortino Ratio (1Y) | 1.82 | 1.19 |
Profitability
ROE (TTM)
Keysight (KEYS) at 20.90% sits in the top ROE quartile, while Teledyne (TDY) at 9.47% is closer to the peer norm — stronger capital efficiency for KEYS.
KEYS
Technology Hardware & Equipment industry group
20.90%
- Max
- 42.47%
- KEYS
- 20.90%
- 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)
For every dollar of sales, both Keysight (KEYS) at 19.14% and Teledyne (TDY) at 15.75% retain more as net profit than most peers, landing in the top net margin quartile of their industries.
KEYS
Technology Hardware & Equipment industry group
19.14%
- Max
- 27.60%
- KEYS
- 19.14%
- Q3
- 11.66%
- Median
- 4.08%
- 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)
Both Keysight (KEYS) at 25.68% and Teledyne (TDY) at 20.76% convert sales into operating profit at a top-quartile rate, pointing to tighter cost discipline before financing and tax.
KEYS
Technology Hardware & Equipment industry group
25.68%
- Max
- 36.27%
- KEYS
- 25.68%
- Q3
- 18.36%
- Median
- 8.84%
- 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 | KEYS | TDY |
|---|---|---|
| ROE (TTM) | 20.90% | 9.47% |
| ROA (TTM) | 7.23% | 5.31% |
| Net Margin (TTM) | 19.14% | 15.75% |
| Operating Margin (TTM) | 25.68% | 20.76% |
| Gross Margin (TTM) | 63.28% | 43.60% |
Growth
Revenue Growth
Both Keysight (KEYS) at 7.95% 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 Keysight (KEYS) at 39.32% 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 | KEYS | TDY |
|---|---|---|
| Revenue Growth (YoY) | 7.95% | 7.86% |
| Revenue Growth (3Y CAGR) | -0.28% | 3.86% |
| EPS Growth (YoY) | 39.32% | 9.70% |
| EPS Growth (3Y CAGR) | -7.51% | 4.53% |
Financial Strength
Current Ratio (MRQ)
Both Keysight (KEYS) at 2.02 and Teledyne (TDY) at 2.31 carry current ratio within their industries’ typical mid-ranges, suggesting balanced short-term liquidity relative to peers.
KEYS
Technology Hardware & Equipment industry group
2.02
- Max
- 5.34
- Q3
- 3.02
- KEYS
- 2.02
- Median
- 1.95
- 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)
Both Keysight (KEYS) at 0.42 and Teledyne (TDY) at 0.18 fund their balance sheets with roughly industry-typical debt-to-equity mixes.
KEYS
Technology Hardware & Equipment industry group
0.42
- Max
- 1.76
- Q3
- 0.78
- KEYS
- 0.42
- 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 | KEYS | TDY |
|---|---|---|
| Current Ratio (MRQ) | 2.02 | 2.31 |
| Debt / Equity (MRQ) | 0.42 | 0.18 |
| Net Debt / EBITDA | 0.09 | 0.88 |
Dividends
Dividend Yield (TTM)
Neither Keysight (KEYS) nor Teledyne (TDY) pays a dividend this period — they may reinvest, use buybacks, or simply not return cash through dividends.
KEYS
Technology Hardware & Equipment industry group
0.00%
- Max
- 0.73%
- Q3
- 0.31%
- KEYS
- 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 Keysight (KEYS) nor Teledyne (TDY) pays a dividend this period — they may reinvest, use buybacks, or simply not return cash through dividends.
KEYS
Technology Hardware & Equipment industry group
0.00%
- Max
- 32.27%
- Q3
- 14.48%
- KEYS
- 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 | KEYS | TDY |
|---|---|---|
| Dividend Yield (TTM) | 0.00% | 0.00% |
| Dividend Payout Ratio (TTM) | 0.00% | 0.00% |
Valuation
P/E Ratio (TTM)
Both Keysight (KEYS) at 36.82 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.
KEYS
Technology Hardware & Equipment industry group
36.82
- Max
- 69.48
- Q3
- 41.02
- KEYS
- 36.82
- Median
- 26.39
- 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)
Teledyne (TDY) at 4.40 is priced about in line with its industry on P/S ratio, while Keysight (KEYS) at 7.04 sits in the pricier quartile — KEYS costs more per dollar of sales.
KEYS
Technology Hardware & Equipment industry group
7.04
- Max
- 11.30
- KEYS
- 7.04
- Q3
- 5.82
- Median
- 2.56
- Q1
- 1.05
- 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)
Teledyne (TDY) at 2.57 is valued about in line with its industry on P/B ratio, while Keysight (KEYS) at 7.05 carries an above-peer premium to book — KEYS is pricier on assets.
KEYS
Technology Hardware & Equipment industry group
7.05
- Max
- 10.75
- KEYS
- 7.05
- Q3
- 5.52
- 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 | KEYS | TDY |
|---|---|---|
| P/E Ratio (TTM) | 36.82 | 28.32 |
| P/S Ratio (TTM) | 7.04 | 4.40 |
| P/B Ratio (MRQ) | 7.05 | 2.57 |
| Free Cash Flow Yield (TTM) | 4.03% | 3.33% |