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Teradyne, Inc. TER Current ratio

Current ratio at other companies

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NordsonNDSN
2.6×0.0×
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Rockwell AutomationROK
1.1×0.0×
Teledyne Technologies logo
Teledyne TechnologiesTDY
1.8×-0.4×
Keysight Technologies logo
Keysight TechnologiesKEYS
1.9×-1.5×
KLA Corporation logo
KLA CorporationKLAC
+0.5×
Synopsys logo
SynopsysSNPS
1.4×-5.6×

Other financials

Income statement

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Revenue$1.3B+87.0%
Gross profit$780.9M+88.0%
Operating income$473.0M+292%
Net income$398.9M+303%
EPS (diluted)$2.53+315%

Balance sheet

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Cash & equivalents$241.9M-49.1%
Total debt$82.4M+19.8%
Total equity$3.1B+12.4%
Total assets$4.4B+19.6%

Cash flow

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Operating cash flow$265.1M+64.0%
CapEx$64.7M+1.1%
Free cash flow$200.4M+105%

Valuation

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Market cap$63.96B+249%
Enterprise value$63.8B+259%
P/E74.9×+43.2×
P/S16.9×+10.6×

Profitability

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Gross margin58.7%-0.7pp
Operating margin26.5%+4.6pp
Net margin22.6%+2.7pp

Returns & leverage

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Return on equity28.7%+7.2pp
Debt / equity0.0×

Where this comes from

Calculated from Teradyne, Inc.’s reported figures.

Based on the most recent quarter.

The official record: Teradyne, Inc.’s 10-Q, filed May 1, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Teradyne, Inc.'s current ratio?
Teradyne, Inc. (TER) reported current ratio of 2.1× in Q1 2026.
How has Teradyne, Inc.'s current ratio changed year-over-year?
Teradyne, Inc.'s current ratio decreased by 20.6% year-over-year, from 2.7× to 2.1×.
What is the long-term trend for Teradyne, Inc.'s current ratio?
Over 4 years (2021 to 2025), Teradyne, Inc.'s current ratio has grown at a -9.8% compound annual growth rate (CAGR), from 12.9× to 8.6×.
What does current ratio mean?
Whether the company has enough short-term assets to cover its short-term bills.
How do you interpret current ratio?
Above 1.0 means short-term assets cover short-term liabilities. Very high values can signal idle cash or bloated inventory/receivables rather than strength — there's a healthy middle, not 'more is better'.
How does current ratio compare across companies?
Comparable within an industry. Working-capital-light businesses can operate safely below 1.0 by collecting before they pay.