Investor Presentaiton
11
Continuous Improvement(a)
Gross Margin (b)
48%
44%
40%
36%
32%
28%
24%
20%
8%
6%
4%
2%
0%
2001
2002
2003
2004
2005
2006
2007
R&D Expense (d)
10%
2001
2002
2003
2004
2005
2006
2007
2008
2008
2009
2009
2010
2010
2011
2011
2012
2012
2013
2013
2014
2014
2015
2015
2016
2016
2017
2017
2018
2018
2019
2019
2020
2020
2021
2021
2022
2022
6 Mo '23
6 Mo '23
EBITDA Margin (c)
28%
24%
20%
16%
12%
8%
4%
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
6 Mo'23
International Sales (%)
60%
50%
40%
30%
20%
10%
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
6 Mo '23
(a) 2009-2012 represent data from
continuing operations
(b) Represents gross margin as filed in
historical SEC filings, which do not
reflect ASU No. 2017-07: Improving
the Presentation of Net Periodic
Pension Cost, etc. for 2016 and
prior years
(c) FY 2021 EBITDA adjusted to exclude
pretax charges of $209.4 million
related to the FLIR acquisition
(d) Represents company-funded
research and development expense,
including bid and proposal expense,
as a percentage of sales
TELEDYNE TECHNOLOGIES
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