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TDY vs. TECH
Performance
Return for Risk
Drawdowns
Volatility
Dividends
Financials

Performance

TDY vs. TECH - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Teledyne Technologies Incorporated (TDY) and Bio-Techne Corporation (TECH). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, TDY achieves a 20.74% return, which is significantly higher than TECH's -5.14% return. Over the past 10 years, TDY has outperformed TECH with an annualized return of 20.53%, while TECH has yielded a comparatively lower 7.82% annualized return.


TDY

1D
-0.47%
1M
-0.61%
YTD
20.74%
6M
19.01%
1Y
26.73%
3Y*
15.61%
5Y*
7.87%
10Y*
20.53%

TECH

1D
-4.02%
1M
15.35%
YTD
-5.14%
6M
-5.38%
1Y
12.14%
3Y*
-9.63%
5Y*
-12.52%
10Y*
7.82%
*Multi-year figures are annualized to reflect compound growth (CAGR)

TDY vs. TECH - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
TDY
Teledyne Technologies Incorporated
20.74%10.04%4.00%11.60%-8.46%11.46%13.11%67.35%14.31%47.28%
TECH
Bio-Techne Corporation
-5.14%-17.89%-6.13%-6.49%-35.69%63.40%45.40%52.67%12.60%27.40%

Correlation

The correlation between TDY and TECH is 0.30, which is low. Their price movements are largely independent, making them effective diversification partners.


Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.30

Correlation (3Y)
Calculated over the trailing 3-year period

0.36

Correlation (5Y)
Calculated over the trailing 5-year period

0.43

Correlation (10Y)
Calculated over the trailing 10-year period

0.40

Correlation (All Time)
Calculated using the full available price history since Nov 23, 1999

0.37

The correlation between TDY and TECH shifts across timeframes, from 0.30 (1 year) to 0.43 (5 years), reflecting how their relationship changes across market environments.

Fundamentals

EPS

TDY:

$18.89

TECH:

$0.70

PE Ratio

TDY:

32.64

TECH:

79.44

PS Ratio

TDY:

4.78

TECH:

7.19

Total Revenue (TTM)

TDY:

$6.12B

TECH:

$1.21B

Gross Profit (TTM)

TDY:

$2.40B

TECH:

$786.49M

EBITDA (TTM)

TDY:

$1.49B

TECH:

$176.43M

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Return for Risk

TDY vs. TECH — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

TDY
TDY Risk / Return Rank: 7070
Overall Rank
TDY Sharpe Ratio Rank: 7474
Sharpe Ratio Rank
TDY Sortino Ratio Rank: 7171
Sortino Ratio Rank
TDY Omega Ratio Rank: 6868
Omega Ratio Rank
TDY Calmar Ratio Rank: 6969
Calmar Ratio Rank
TDY Martin Ratio Rank: 6969
Martin Ratio Rank

TECH
TECH Risk / Return Rank: 4949
Overall Rank
TECH Sharpe Ratio Rank: 5151
Sharpe Ratio Rank
TECH Sortino Ratio Rank: 4747
Sortino Ratio Rank
TECH Omega Ratio Rank: 4747
Omega Ratio Rank
TECH Calmar Ratio Rank: 5050
Calmar Ratio Rank
TECH Martin Ratio Rank: 5151
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

TDY vs. TECH - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Teledyne Technologies Incorporated (TDY) and Bio-Techne Corporation (TECH). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.


TDYTECHDifference
Sharpe ratioReturn per unit of total volatility

+0.81

Sortino ratioReturn per unit of downside risk

+1.03

Omega ratioGain probability vs. loss probability

1.20

1.09

+0.11

Calmar ratioReturn relative to maximum drawdown

1.46

0.31

+1.15

Martin ratioReturn relative to average drawdown

3.30

0.74

+2.56

TDY vs. TECH - Sharpe Ratio Comparison

The current TDY Sharpe Ratio is 1.07, which is higher than the TECH Sharpe Ratio of 0.26. The chart below compares the historical Sharpe Ratios of TDY and TECH, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.


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Drawdowns

TDY vs. TECH - Drawdown Comparison

The maximum TDY drawdown since its inception was -66.17%, smaller than the maximum TECH drawdown of -74.39%. Use the drawdown chart below to compare losses from any high point for TDY and TECH.


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Drawdown Indicators


TDYTECHDifference

Max Drawdown

Largest peak-to-trough decline

-66.17%

-74.39%

+8.22%

Max Drawdown (1Y)

Largest decline over 1 year

-18.39%

-39.25%

+20.86%

Max Drawdown (3Y)

Largest decline over 3 years

-18.77%

-50.85%

+32.08%

Max Drawdown (5Y)

Largest decline over 5 years

-32.24%

-67.18%

+34.94%

Max Drawdown (10Y)

Largest decline over 10 years

-48.95%

-67.18%

+18.23%

Current Drawdown

Current decline from peak

-10.45%

-57.77%

+47.32%

Average Drawdown

Average peak-to-trough decline

-17.42%

-24.15%

+6.73%

Ulcer Index

Depth and duration of drawdowns from previous peaks

8.13%

16.41%

-8.28%

Volatility

TDY vs. TECH - Volatility Comparison

The current volatility for Teledyne Technologies Incorporated (TDY) is 8.92%, while Bio-Techne Corporation (TECH) has a volatility of 12.87%. This indicates that TDY experiences smaller price fluctuations and is considered to be less risky than TECH based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


TDYTECHDifference

Volatility (1M)

Calculated over the trailing 1-month period

8.92%

12.87%

-3.95%

Volatility (6M)

Calculated over the trailing 6-month period

20.52%

36.63%

-16.11%

Volatility (1Y)

Calculated over the trailing 1-year period

25.15%

46.31%

-21.16%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

24.38%

38.82%

-14.44%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

27.69%

34.05%

-6.36%

Dividends

TDY vs. TECH - Dividend Comparison

TDY has not paid dividends to shareholders, while TECH's dividend yield for the trailing twelve months is around 0.58%.


PositionTTM20252024202320222021202020192018201720162015
TDY
Teledyne Technologies Incorporated
0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
TECH
Bio-Techne Corporation
0.58%0.54%0.56%0.41%0.39%0.25%0.40%0.58%0.88%0.99%1.24%1.42%

Financials

TDY vs. TECH - Financials Comparison

This section allows you to compare key financial metrics between Teledyne Technologies Incorporated and Bio-Techne Corporation. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.


Quarterly
Annual

Total Revenue: Total amount of money received from sales and other business activities


500.00M1.00B1.50B20222023202420252026
1.61B
311.42M
(TDY) Total Revenue
(TECH) Total Revenue
Values in USD except per share items

TDY vs. TECH - Profitability Comparison

The chart below illustrates the profitability comparison between Teledyne Technologies Incorporated and Bio-Techne Corporation over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

Gross Margin
Operating Margin
Net Margin
Quarterly
Annual

30.0%40.0%50.0%60.0%70.0%20222023202420252026
29.4%
66.9%
Portfolio components
TDY - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Teledyne Technologies Incorporated reported a gross profit of 474.60M and revenue of 1.61B. Therefore, the gross margin over that period was 29.4%.

TECH - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Bio-Techne Corporation reported a gross profit of 208.29M and revenue of 311.42M. Therefore, the gross margin over that period was 66.9%.

TDY - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Teledyne Technologies Incorporated reported an operating income of 329.50M and revenue of 1.61B, resulting in an operating margin of 20.4%.

TECH - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Bio-Techne Corporation reported an operating income of 75.50M and revenue of 311.42M, resulting in an operating margin of 24.2%.

TDY - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Teledyne Technologies Incorporated reported a net income of 275.60M and revenue of 1.61B, resulting in a net margin of 17.1%.

TECH - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Bio-Techne Corporation reported a net income of 51.05M and revenue of 311.42M, resulting in a net margin of 16.4%.


Frequently Asked Questions


TDY and TECH have a correlation of 0.30, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

TECH has higher volatility (12.87%) compared to TDY (8.92%). In terms of maximum drawdown, TDY dropped -66.17% vs TECH's -74.39%.

TDY currently has the higher Sharpe Ratio (1.07 vs 0.26), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.

Portfolio Optimizer

Find the right allocation for TDY and TECH

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