• Teledyne Technologies average debt/equity ratio for 2023 was 0.34, a 27.66% decline from 2022.
• Teledyne Technologies average debt/equity ratio for 2022 was 0.47, a 31.88% decline from 2021.
• Teledyne Technologies average debt/equity ratio for 2021 was 0.69, a 176% decline from 2020.

Debt/equity ratio can be defined as a measure of a company's financial leverage calculated by dividing its long-term debt by stockholders' equity.