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Teradyne, Inc. TER Interest coverage

Interest coverage at other companies

Nordson logo
NordsonNDSN
+1.4×
Rockwell Automation logo
Rockwell AutomationROK
9.1×+1.6×
Teledyne Technologies logo
Teledyne TechnologiesTDY
21.7×+5.5×
Keysight Technologies logo
Keysight TechnologiesKEYS
10.1×-0.2×
KLA Corporation logo
KLA CorporationKLAC
19.9×+5.3×
Synopsys logo
SynopsysSNPS
-8.8×

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×
Current ratio2.1×-0.6×

Where this comes from

Calculated from Teradyne, Inc.’s reported figures.

Based on trailing twelve months.

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 interest coverage?
Teradyne, Inc. (TER) reported interest coverage of 108.9× in Q1 2026.
How has Teradyne, Inc.'s interest coverage changed year-over-year?
Teradyne, Inc.'s interest coverage decreased by 36.3% year-over-year, from 171.1× to 108.9×.
What is the long-term trend for Teradyne, Inc.'s interest coverage?
Over 4 years (2021 to 2025), Teradyne, Inc.'s interest coverage has grown at a 29.6% compound annual growth rate (CAGR), from 207× to 584.5×.
What does interest coverage mean?
How many times the company's operating profit covers its interest bill.
How do you interpret interest coverage?
Higher is safer; below ~2× is a warning that earnings provide little cushion against the debt burden. Debt-free companies have no interest expense and the ratio is left blank.
How does interest coverage compare across companies?
Comparable across leveraged non-financials; less relevant for net-cash companies with negligible interest.