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Teradyne, Inc.(TER)Earnings, Financials & Key Ratios
TER•NASDAQ
125.8× P/E·Price updated Jun 19, 2026
SectorTechnologyIndustrySemiconductorsSub-IndustrySemiconductor Test, Metrology and Inspection Equipment
AboutTeradyne, Inc. designs, develops, manufactures, sells, and supports automatic test equipment worldwide. The company operates through Semiconductor Test, System Test, Industrial Automation, and Wireless Test segments. The Semiconductor Test segment offers products and services for wafer level and device package testing in automotive, industrial, communications, consumer, smartphones, cloud computer and electronic game, and other applications. This segment also provides FLEX test platform systems; J750 test system to address the volume semiconductor devices; Magnum platform that tests memory devices, such as flash memory and DRAM; and ETS platform for semiconductor manufacturers, and assembly and test subcontractors in the analog/mixed signal markets. It serves integrated device manufacturers that integrate the fabrication of silicon wafers into their business; fabless companies that outsource the manufacturing of silicon wafers; foundries; and semiconductor assembly and test providers. The System Test segment offers defense/aerospace test instrumentation and systems; storage test systems; and circuit-board test and inspection systems. The Industrial Automation segment provides collaborative robotic arms, autonomous mobile robots, and advanced robotic control software for manufacturing, logistics, and light industrial customers. The Wireless Test segment provides test solutions for use in the development and manufacture of wireless devices and modules, smartphones, tablets, notebooks, laptops, peripherals, and Internet-of-Things devices under the LitePoint brand name. This segment also offers IQxel products for Wi-Fi and other standards; IQxstream solution for testing GSM, EDGE, CDMA2000, TD-SCDMA, WCDMA, HSPA+, LTE, and 5G technologies; IQcell, a multi-device cellular signaling test solution; IQgig test solution; and turnkey test software for wireless chipsets. Teradyne, Inc. was incorporated in 1960 and is headquartered in North Reading, Massachusetts.Show more
- Revenue$3.19B+13.1%
- EBITDA$820M+14.9%
- Net Income$554M+2.2%
- EPS (Diluted)3.48+4.8%
- Gross Margin58.55%+0.1%
- EBITDA Margin25.71%+1.6%
- Operating Margin21.74%+3.2%
- Net Margin17.37%-9.7%
- ROE19.73%-2.8%
TER Key Insights
Teradyne, Inc. (TER) fundamental analysis — strengths, weaknesses & financial health based on data analysis
✓Strengths
- ✓Momentum leader: RS Rating 95 (top 5%)
- ✓High quality earnings: Operating CF exceeds net income
- ✓Good 3Y average ROE of 19.4%
- ✓Share count reduced 3.5% through buybacks
- ✓Healthy 5Y average net margin of 20.7%
- ✓Trading near 52-week high
✗Weaknesses
- ✗Expensive at 24.7x book value
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
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TER Price & Volume
Teradyne, Inc. (TER) stock price & volume — 10-year historical chart
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TER Growth Metrics
Teradyne, Inc. (TER) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years6.88%
5 Years0.44%
3 Years0.37%
TTM30.32%
Profit CAGR
10 Years10.37%
5 Years-6.71%
3 Years-8.17%
TTM48%
EPS CAGR
10 Years13.63%
5 Years-4.05%
3 Years-6.22%
TTM52.7%
Return on Capital
10 Years22.77%
5 Years25.96%
3 Years20.19%
Last Year22.54%
TER Recent Earnings
Teradyne, Inc. (TER) EPS & revenue vs analyst estimates — last 4 quarters
●Beat EPS 12/12 qtrs (100%)●Beat Revenue 11/12 qtrs (92%)
Q2 2026Latest
Apr 28, 2026Metric
Actual
Est
EPS
$2.56+21.3%
$2.11
Rev
$1.3B+6.9%
$1.2B
Q1 2026
Feb 2, 2026Metric
Actual
Est
EPS
$1.80+30.4%
$1.38
Rev
$1.1B+10.9%
$977M
Q4 2025
Oct 28, 2025Metric
Actual
Est
EPS
$0.85+7.6%
$0.79
Rev
$769M+3.4%
$744M
Q3 2025
Jul 29, 2025Metric
Actual
Est
EPS
$0.57+5.2%
$0.54
Rev
$652M+0.2%
$651M
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | Apr 28, 2026 | $2.56vs $2.11+21.3% | $1.3Bvs $1.2B+6.9% |
| Q1 2026 | Feb 2, 2026 | $1.80vs $1.38+30.4% | $1.1Bvs $977M+10.9% |
| Q4 2025 | Oct 28, 2025 | $0.85vs $0.79+7.6% | $769Mvs $744M+3.4% |
| Q3 2025 | Jul 29, 2025 | $0.57vs $0.54+5.2% | $652Mvs $651M+0.2% |
Based on last 12 quarters of dataView full earnings history →
TER Peer Comparison
Teradyne, Inc. (TER) competitors in Semiconductor Test, Metrology and Inspection Equipment — business model, growth, and fundamentals comparison
| Company | Market Cap | Stock Price | P/E Ratio (TTM) | Revenue Growth 1Y | Net Margin | Return on Equity (ROE) | FCF Yield | Debt / Equity |
|---|---|---|---|---|---|---|---|---|
 AMAT | 489.96B | 617.11 | 71.26 | 4.39% | 29.31% | 39.78% | 0.35 | |
 KLAC | 34.2B | 259.56 | 8.55 | 23.89% | 35.66% | 89.07% | 1.30 | |
 COHU | 3.26B | 69.40 | -43.65 | 12.74% | -11.54% | -6.84% | 0.46 | |
 ACLS | 5.76B | 187.53 | 49.35 | -17.57% | 11.93% | 9.79% | 0.04 | |
 ONTO | 16.6B | 333.76 | 120.06 | 1.82% | 10.33% | 5.19% | 0.01 | |
 FORM | 11.66B | 149.55 | 216.74 | 2.8% | 8.14% | 6.68% | 0.04 | |
 ICHR | 3.43B | 98.61 | -64.03 | 11.61% | -5.28% | -7.5% | 0.28 | |
 MKSI | 27.36B | 406.37 | 92.99 | 9.62% | 8.03% | 12.24% | 1.73 |
Compare TER vs Peers
Teradyne, Inc. (TER) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
TER Income Statement
Teradyne, Inc. (TER) annual income statement — 10-year revenue, gross profit & net income history
10Y historyFree accessUpdated daily
| Metric | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
Sales/Revenue | 2.14B | 2.1B | 2.29B | 3.12B | 3.7B | 3.16B | 2.68B | 2.82B | 3.19B | 3.79B |
Revenue Growth % | 21.87% | -1.68% | 9.24% | 36.01% | 18.63% | -14.79% | -15.17% | 5.36% | 13.13% | 30.32% |
Cost of Goods Sold | 915.15M | 880.41M | 955.14M | 1.34B | 1.5B | 1.29B | 1.14B | 1.17B | 1.32B | 1.56B |
COGS % of Revenue | 42.83% | 41.91% | 41.62% | 42.79% | 40.41% | 40.82% | 42.58% | 41.52% | 41.45% | - |
Gross Profit | 1.22B▲ 0% | 1.22B▼ 0.1% | 1.34B▲ 9.8% | 1.79B▲ 33.3% | 2.21B▲ 23.6% | 1.87B▼ 15.4% | 1.54B▼ 17.7% | 1.65B▲ 7.3% | 1.87B▲ 13.3% | 2.23B▲ 0% |
Gross Margin % | 57.17% | 58.09% | 58.38% | 57.21% | 59.59% | 59.18% | 57.42% | 58.48% | 58.55% | 58.79% |
Gross Profit Growth % | 27.42% | -0.09% | 9.79% | 33.28% | 23.57% | -15.39% | -17.7% | 7.3% | 13.28% | - |
Operating Expenses | 686.75M | 731.37M | 800.05M | 857.33M | 1.01B | 1.04B | 1.04B | 1.06B | 1.17B | 1.21B |
OpEx % of Revenue | 32.14% | 34.81% | 34.86% | 27.47% | 27.17% | 32.81% | 38.7% | 37.42% | 36.82% | - |
Selling, General & Admin | 348.91M | 390.67M | 437.08M | 464.77M | 547.56M | 558.1M | 577.32M | 617.05M | 644.07M | 656.46M |
SG&A % of Revenue | 16.33% | 18.6% | 19.05% | 14.89% | 14.79% | 17.69% | 21.57% | 21.88% | 20.19% | - |
Research & Development | 307.31M | 301.5M | 322.82M | 374.96M | 427.61M | 440.59M | 418.09M | 460.88M | 504.6M | 521.97M |
R&D % of Revenue | 14.38% | 14.35% | 14.07% | 12.01% | 11.55% | 13.96% | 15.62% | 16.34% | 15.82% | - |
Other Operating Expenses | 30.53M | 39.19M | 40.15M | 17.6M | 30.77M | 36.52M | 40.28M | -22.78M | 25.78M | 4M |
Operating Income | 525.34M▲ 0% | 473.8M▼ 9.8% | 553.65M▲ 16.9% | 928.41M▲ 67.7% | 1.2B▲ 29.3% | 831.94M▼ 30.7% | 501.07M▼ 39.8% | 593.79M▲ 18.5% | 693.4M▲ 16.8% | 1.02B▲ 0% |
Operating Margin % | 24.59% | 22.55% | 24.12% | 29.74% | 32.43% | 26.37% | 18.72% | 21.06% | 21.74% | 26.91% |
Operating Income Growth % | 934.28% | -9.81% | 16.85% | 67.69% | 29.33% | -30.71% | -39.77% | 18.5% | 16.78% | - |
EBITDA | 633.42M | 587.02M | 674.31M | 1.06B | 1.33B | 942.61M | 611.95M | 713.53M | 820.12M | 1.12B |
EBITDA Margin % | 29.65% | 27.94% | 29.38% | 33.8% | 35.82% | 29.88% | 22.87% | 25.3% | 25.71% | 29.53% |
EBITDA Growth % | 1010.5% | -7.32% | 14.87% | 56.48% | 25.69% | -28.92% | -35.08% | 16.6% | 14.94% | 47.4% |
D&A (Non-Cash Add-back) | 108.08M | 113.22M | 120.66M | 126.74M | 125.48M | 110.67M | 110.89M | 119.74M | 126.72M | 99.19M |
EBIT | 546.08M | 489.58M | 548M | 925.2M | 1.18B | 844.1M | 529.38M | 612.67M | 641.37M | 1.01B |
Net Interest Income | -3.86M | -1.32M | -5.23M | -18.2M | -15.19M | 2.66M | 23.54M | 21.18M | 10.83M | -775K |
Interest Income | 17.8M | 20.46M | 16.99M | 5.98M | 2.63M | 6.38M | 27.35M | 24.77M | 18.85M | 13.78M |
Interest Expense | 21.66M | 21.78M | 22.22M | 24.18M | 17.82M | 3.72M | 3.81M | 3.59M | 8.02M | 14.55M |
Other Income/Expense | -931K | -6M | -27.88M | -27.39M | -39.77M | 8.45M | 24.5M | 8.09M | -60.06M | -27.72M |
Pretax Income | 524.41M▲ 0% | 467.8M▼ 10.8% | 525.77M▲ 12.4% | 901.01M▲ 71.4% | 1.16B▲ 28.8% | 840.38M▼ 27.6% | 525.57M▼ 37.5% | 601.88M▲ 14.5% | 633.35M▲ 5.2% | 991.51M▲ 0% |
Pretax Margin % | 24.54% | 22.27% | 22.91% | 28.87% | 31.35% | 26.64% | 19.64% | 21.34% | 19.85% | 26.18% |
Income Tax | 266.72M | 16.02M | 58.3M | 116.87M | 146.37M | 124.88M | 76.82M | 59.5M | 79.3M | 132.84M |
Effective Tax Rate % | 50.86% | 3.42% | 11.09% | 12.97% | 12.61% | 14.86% | 14.62% | 9.89% | 12.52% | 13.4% |
Net Income | 257.69M▲ 0% | 451.78M▲ 75.3% | 467.47M▲ 3.5% | 784.15M▲ 67.7% | 1.01B▲ 29.4% | 715.5M▼ 29.5% | 448.75M▼ 37.3% | 542.37M▲ 20.9% | 554.05M▲ 2.2% | 854.06M▲ 0% |
Net Margin % | 12.06% | 21.51% | 20.37% | 25.12% | 27.4% | 22.68% | 16.77% | 19.23% | 17.37% | 22.55% |
Net Income Growth % | 693.47% | 75.32% | 3.47% | 67.74% | 29.39% | -29.48% | -37.28% | 20.86% | 2.15% | 48% |
Net Income (Continuing) | 257.69M | 451.78M | 467.47M | 784.15M | 1.01B | 715.5M | 448.75M | 542.37M | 554.05M | 858.67M |
Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
EPS (Diluted) | 1.28▲ 0% | 2.35▲ 83.6% | 2.60▲ 10.6% | 4.28▲ 64.6% | 5.53▲ 29.2% | 4.22▼ 23.7% | 2.73▼ 35.3% | 3.32▲ 21.6% | 3.48▲ 4.8% | 5.42▲ 0% |
EPS Growth % | 709.52% | 83.59% | 10.64% | 64.62% | 29.21% | -23.69% | -35.31% | 21.61% | 4.82% | 52.7% |
EPS (Basic) | 1.30 | 2.41 | 2.74 | 4.72 | 6.15 | 4.52 | 2.91 | 3.41 | 3.49 | - |
Diluted Shares Outstanding | 201.64M | 192.6M | 179.46M | 183.04M | 183.63M | 169.73M | 164.3M | 163.31M | 157.65M | 157.64M |
Basic Shares Outstanding | 198.07M | 187.67M | 170.43M | 166.12M | 164.96M | 158.43M | 154.31M | 159.08M | 156.41M | 156.41M |
Dividend Payout Ratio | 21.52% | 14.9% | 13.11% | 8.48% | 6.5% | 9.74% | 15.13% | 14.09% | 13.77% | - |
TER Balance Sheet
Teradyne, Inc. (TER) balance sheet — assets, liabilities & shareholders' equity
| Metric | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
Total Current Assets | 2.27B | 1.73B | 1.66B | 2.42B | 2.58B | 2.26B | 2.16B | 1.82B | 1.94B | 2.17B |
Cash & Short-Term Investments | 1.78B | 1.12B | 911.23M | 1.44B | 1.37B | 894.38M | 819.73M | 599.67M | 322M | 245.6M |
Cash Only | 429.84M | 926.75M | 773.92M | 914.12M | 1.12B | 854.77M | 757.57M | 553.35M | 293.75M | 241.94M |
Short-Term Investments | 1.35B | 190.1M | 137.3M | 522.28M | 244.23M | 39.61M | 62.15M | 46.31M | 28.25M | 3.65M |
Accounts Receivable | 272.78M | 291.27M | 362.37M | 497.51M | 550.75M | 491.14M | 422.12M | 471.43M | 773.57M | 1.11B |
Days Sales Outstanding | 46.6 | 50.61 | 57.63 | 58.17 | 54.29 | 56.82 | 57.57 | 61.02 | 88.51 | 70.07 |
Inventory | 190.03M | 285.18M | 340.08M | 434.48M | 607.81M | 816.12M | 812.23M | 664.37M | 379.55M | 362.76M |
Days Inventory Outstanding | 75.79 | 118.23 | 129.96 | 118.72 | 148.27 | 231.3 | 260.16 | 207.09 | 104.78 | 106.97 |
Other Current Assets | 4.03M | 8.31M | 11.9M | 9.25M | 9.45M | 14.4M | 61.24M | 17.73M | 33.27M | 18.72M |
Total Non-Current Assets | 839.26M | 974.12M | 1.13B | 1.24B | 1.23B | 1.24B | 1.32B | 1.89B | 2.23B | 2.26B |
Property, Plant & Equipment | 268.45M | 279.82M | 377.75M | 449.37M | 456.05M | 492.42M | 518.91M | 578.36M | 639.63M | 661.95M |
Fixed Asset Turnover | 7.96x | 7.51x | 6.08x | 6.95x | 8.12x | 6.41x | 5.16x | 4.88x | 4.99x | 5.89x |
Goodwill | 252.01M | 381.85M | 416.43M | 453.86M | 426.02M | 403.19M | 415.65M | 395.37M | 521.02M | 514.17M |
Intangible Assets | 79.09M | 125.48M | 125.48M | 100.94M | 75.64M | 53.48M | 35.4M | 15.93M | 51.27M | 48.98M |
Long-Term Investments | 125.93M | 87.73M | 104.49M | 117.98M | 133.86M | 110.78M | 117.43M | 618.62M | 663.35M | 2.67B |
Other Non-Current Assets | 29.77M | 28.39M | 28.79M | 26.85M | 39.21M | 40.69M | 61.62M | 61.61M | 83.76M | 82.82M |
Total Assets | 3.11B▲ 0% | 2.71B▼ 13.0% | 2.79B▲ 3.0% | 3.65B▲ 31.0% | 3.81B▲ 4.3% | 3.5B▼ 8.1% | 3.49B▼ 0.4% | 3.71B▲ 6.4% | 4.17B▲ 12.4% | 4.43B▲ 0% |
Asset Turnover | 0.69x | 0.78x | 0.82x | 0.85x | 0.97x | 0.90x | 0.77x | 0.76x | 0.76x | 0.93x |
Asset Growth % | 12.56% | -12.96% | 2.97% | 31.05% | 4.3% | -8.09% | -0.41% | 6.36% | 12.44% | 40.82% |
Total Current Liabilities | 454.34M | 476.29M | 539.03M | 700.87M | 805.12M | 746.26M | 659.95M | 624.58M | 1.1B | 1.01B |
Accounts Payable | 86.39M | 100.69M | 126.62M | 133.66M | 153.13M | 139.72M | 180.13M | 134.79M | 269.19M | 344.68M |
Days Payables Outstanding | 34.46 | 41.74 | 48.39 | 36.52 | 37.36 | 39.6 | 57.7 | 42.02 | 74.31 | 59.27 |
Short-Term Debt | 0 | 0 | 19.48M | 53.92M | 39.16M | 68.71M | 17.52M | 18.7M | 219.34M | 18.44M |
Deferred Revenue (Current) | 83.61M | 77.71M | 104.88M | 134.66M | 146.19M | 148.28M | 99.8M | 107.71M | 139.78M | 593.94M |
Other Current Liabilities | 83.58M | 113.14M | 79.98M | 77.58M | 124.19M | 112.27M | 122.09M | 90.78M | 111.84M | 122.51M |
Current Ratio | 5.00x | 3.64x | 3.08x | 3.45x | 3.20x | 3.03x | 3.28x | 2.91x | 1.76x | 2.15x |
Quick Ratio | 4.58x | 3.04x | 2.45x | 2.83x | 2.44x | 1.93x | 2.05x | 1.84x | 1.41x | 1.79x |
Cash Conversion Cycle | 87.93 | 127.09 | 139.21 | 140.37 | 165.21 | 248.52 | 260.03 | 226.1 | 118.98 | 117.78 |
Total Non-Current Liabilities | 701.56M | 707.96M | 767.83M | 740.67M | 440.35M | 303.69M | 300.98M | 264.84M | 272.64M | 277.8M |
Long-Term Debt | 365.99M | 379.98M | 440.54M | 418.84M | 145.42M | 64.18M | 65.09M | 57.92M | 63.9M | 0 |
Capital Lease Obligations | 0 | 0 | 45.85M | 42.07M | 56.18M | 64.18M | 65.09M | 57.92M | 63.9M | 232.28M |
Deferred Tax Liabilities | 6.72M | 20.66M | 14.07M | 10.82M | 6.33M | 3.27M | 183K | 1.04M | 5.38M | 23.58M |
Other Non-Current Liabilities | 298.73M | 274.57M | 221.4M | 210.58M | 177.5M | 126.94M | 133.33M | 107.45M | 88.58M | 150.91M |
Total Liabilities | 1.16B | 1.18B | 1.31B | 1.44B | 1.25B | 1.05B | 960.93M | 889.42M | 1.37B | 1.29B |
Total Debt | 365.99M | 379.98M | 505.86M | 514.83M | 240.76M | 197.06M | 147.71M | 134.54M | 347.14M | 82.4M |
Net Debt | -63.86M | -546.77M | -268.06M | -399.29M | -881.44M | -657.71M | -609.87M | -418.81M | 53.39M | -159.55M |
Debt / Equity | 0.19x | 0.25x | 0.34x | 0.23x | 0.09x | 0.08x | 0.06x | 0.05x | 0.12x | 0.03x |
Debt / EBITDA | 0.58x | 0.65x | 0.75x | 0.49x | 0.18x | 0.21x | 0.24x | 0.19x | 0.42x | 0.07x |
Net Debt / EBITDA | -0.10x | -0.93x | -0.40x | -0.38x | -0.66x | -0.70x | -1.00x | -0.59x | 0.07x | -0.14x |
Interest Coverage | 25.21x | 22.48x | 24.66x | 38.26x | 66.15x | 226.97x | 139.09x | 170.80x | 79.95x | 69.13x |
Total Equity | 1.95B▲ 0% | 1.52B▼ 22.1% | 1.48B▼ 2.8% | 2.21B▲ 49.4% | 2.56B▲ 16.0% | 2.45B▼ 4.4% | 2.53B▲ 3.0% | 2.82B▲ 11.6% | 2.8B▼ 0.8% | 3.14B▲ 0% |
Equity Growth % | 6.83% | -22.08% | -2.77% | 49.36% | 15.97% | -4.39% | 3.04% | 11.62% | -0.83% | 9.06% |
Book Value per Share | 9.69 | 7.90 | 8.25 | 12.08 | 13.96 | 14.44 | 15.37 | 17.26 | 17.73 | 19.94 |
Total Shareholders' Equity | 1.95B | 1.52B | 1.48B | 2.21B | 2.56B | 2.45B | 2.53B | 2.82B | 2.8B | 3.14B |
Common Stock | 24.44M | 21.94M | 20.8M | 24.55M | 21.79M | 19.47M | 19.09M | 20.21M | 2.8B | 0 |
Retained Earnings | 272.01M | -158.19M | -241.92M | 387.41M | 736.57M | 725.73M | 706.51M | 970.76M | 0 | 0 |
Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Accumulated OCI | 18.78M | -13.04M | -18.85M | 33.52M | -5.95M | -49.87M | -26.98M | -81.22M | 0 | 0 |
Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
TER Cash Flow Statement
Teradyne, Inc. (TER) cash flow — operating, investing & free cash flow history
| Metric | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
Cash from Operations | 626.5M | 476.88M | 578.75M | 868.93M | 1.1B | 577.92M | 585.23M | 672.18M | 674.41M | 777.9M |
Operating CF Margin % | 29.32% | 22.7% | 25.22% | 27.84% | 29.66% | 18.32% | 21.87% | 23.84% | 21.14% | - |
Operating CF Growth % | 40.53% | -23.88% | 21.36% | 50.14% | 26.4% | -47.38% | 1.26% | 14.86% | 0.33% | -22.53% |
Net Income | 257.69M | 451.78M | 467.47M | 784.15M | 1.01B | 715.5M | 448.75M | 542.37M | 554.05M | 854.06M |
Depreciation & Amortization | 108.08M | 113.22M | 120.66M | 110.92M | 112.53M | 110.1M | 111.12M | 119.74M | 126.72M | 129.45M |
Stock-Based Compensation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 16.44M |
Deferred Taxes | 37.1M | 28.34M | -9.46M | -15.69M | -17.3M | -38.69M | -37.64M | -46.36M | -52.07M | -29.07M |
Other Non-Cash Items | 40.53M | 47.07M | 51.79M | 58.93M | 87.32M | 63.6M | 72.64M | 32.55M | 118.23M | 82.66M |
Working Capital Changes | 183.09M | -163.53M | -51.71M | -69.38M | -98.77M | -272.58M | -9.64M | 23.88M | -72.51M | -275.63M |
Change in Receivables | -80.58M | -17.94M | -70.44M | -129.45M | -57.78M | 50.63M | 70.98M | -52.66M | -292.25M | -627.33M |
Change in Inventory | 44.96M | -29.5M | -27.41M | -8.44M | 6.5M | -80.81M | 5.33M | 8.71M | -28.42M | 23.45M |
Change in Payables | 43.57M | 13.69M | 49.28M | 73.17M | 129.5M | -60.51M | 46.78M | -54.39M | 208.85M | 203.77M |
Cash from Investing | -262.8M | 923.01M | -156.66M | -569.79M | 120.36M | 43.75M | -179.65M | -622.34M | -368.62M | -374.14M |
Capital Expenditures | -105.38M | -114.38M | -134.64M | -184.98M | -132.47M | -163.25M | -159.64M | -198.09M | -224.01M | -224.72M |
CapEx % of Revenue | 4.93% | 5.44% | 5.87% | 5.93% | 3.58% | 5.17% | 5.96% | 7.02% | 7.02% | 5.93% |
Acquisitions | 0 | -161.55M | -79.74M | 149K | -12M | 3.41M | 0 | 90.35M | -144.38M | -127.38M |
Investments | - | - | - | - | - | - | - | - | - | - |
Other Investing | 5.06M | 1.13M | 2.91M | 546K | 0 | 0 | -4.54M | 873K | 0 | -1K |
Cash from Financing | -245.19M | -903.42M | -574.35M | -158.29M | -1.01B | -892.99M | -501.91M | -251.77M | -562.25M | -635.65M |
Debt Issued (Net) | 0 | 0 | 0 | 0 | -342.99M | -66.76M | -50.26M | 0 | 200M | 0 |
Equity Issued (Net) | -188.69M | -822.53M | -485.43M | -82.95M | -599.62M | -756.52M | -383.77M | -175.34M | -670.24M | -488.29M |
Dividends Paid | -55.45M | -67.32M | -61.3M | -66.48M | -65.98M | -69.71M | -67.88M | -76.42M | -76.31M | -77.27M |
Share Repurchases | -200.3M | -823.48M | -500M | -88.47M | -600M | -752.08M | -397.24M | -198.57M | -702.1M | -550.14M |
Other Financing | -1.05M | -13.57M | -27.61M | -8.85M | 0 | 0 | 0 | 0 | -15.7M | -70.09M |
Net Change in Cash | 121.96M▲ 0% | 496.91M▲ 307.4% | -152.83M▼ 130.8% | 140.2M▲ 191.7% | 208.08M▲ 48.4% | -267.43M▼ 228.5% | -97.2M▲ 63.7% | -204.22M▼ 110.1% | -259.6M▼ 27.1% | -233.69M▲ 0% |
Free Cash Flow | 521.12M▲ 0% | 362.5M▼ 30.4% | 444.11M▲ 22.5% | 683.96M▲ 54.0% | 965.89M▲ 41.2% | 414.67M▼ 57.1% | 425.59M▲ 2.6% | 474.08M▲ 11.4% | 450.41M▼ 5.0% | 553.18M▲ 0% |
FCF Margin % | 24.39% | 17.26% | 19.35% | 21.91% | 26.08% | 13.14% | 15.9% | 16.81% | 14.12% | 14.61% |
FCF Growth % | 44.54% | -30.44% | 22.51% | 54.01% | 41.22% | -57.07% | 2.63% | 11.39% | -4.99% | -9.08% |
FCF per Share | 2.58 | 1.88 | 2.47 | 3.74 | 5.26 | 2.44 | 2.59 | 2.90 | 2.86 | 3.51 |
FCF Conversion (FCF/Net Income) | 2.43x | 1.06x | 1.24x | 1.11x | 1.08x | 0.81x | 1.30x | 1.24x | 1.22x | 0.65x |
Interest Paid | 6.45M | 6.21M | 6M | 6.43M | 4.24M | 1.5M | 296K | 767K | 0 | 0 |
Taxes Paid | 53.77M | 72.81M | 81.41M | 106.58M | 172.13M | 193.25M | 140.24M | 121.43M | 0 | 0 |
TER Key Ratios
Teradyne, Inc. (TER) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
Return on Equity (ROE) | 13.63% | 25.99% | 31.14% | 42.49% | 42.5% | 28.53% | 18.03% | 20.29% | 19.73% | 29.72% |
Return on Invested Capital (ROIC) | 20.94% | 24.8% | 37.96% | 46.06% | 51.55% | 35.9% | 20.26% | 20.63% | 19.81% | 27.24% |
Gross Margin | 57.17% | 58.09% | 58.38% | 57.21% | 59.59% | 59.18% | 57.42% | 58.48% | 58.55% | 58.79% |
Net Margin | 12.06% | 21.51% | 20.37% | 25.12% | 27.4% | 22.68% | 16.77% | 19.23% | 17.37% | 22.55% |
Debt / Equity | 0.19x | 0.25x | 0.34x | 0.23x | 0.09x | 0.08x | 0.06x | 0.05x | 0.12x | 0.03x |
Interest Coverage | 25.21x | 22.48x | 24.66x | 38.26x | 66.15x | 226.97x | 139.09x | 170.80x | 79.95x | 69.13x |
FCF Conversion | 2.43x | 1.06x | 1.24x | 1.11x | 1.08x | 0.81x | 1.30x | 1.24x | 1.22x | 0.65x |
Revenue Growth | 21.87% | -1.68% | 9.24% | 36.01% | 18.63% | -14.79% | -15.17% | 5.36% | 13.13% | 30.32% |
Related:TER Dividend History·TER Revenue History·TER Price History·TER P/E History·TER Financial Ratios·TER Institutional Holders
TER SEC Filings & Documents
Teradyne, Inc. (TER) SEC filings — annual & quarterly reports (10-K, 10-Q)
TER Frequently Asked Questions
Teradyne, Inc. (TER) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
Teradyne, Inc. (TER) reported $3.79B in revenue for fiscal year 2025. This represents a 223% increase from $1.17B in 1996.
Teradyne, Inc. (TER) grew revenue by 13.1% over the past year. This is steady growth.
Yes, Teradyne, Inc. (TER) is profitable, generating $854.1M in net income for fiscal year 2025 (17.4% net margin).
Dividend & Returns
Yes, Teradyne, Inc. (TER) pays a dividend with a yield of 0.11%. This makes it attractive for income-focused investors.
Teradyne, Inc. (TER) has a return on equity (ROE) of 19.7%. This is reasonable for most industries.
Teradyne, Inc. (TER) generated $553.2M in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.