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Teradyne, Inc. TER Net debt / EBITDA

Net debt / EBITDA at other companies

Nordson logo
NordsonNDSN
2.1×-0.7×
Rockwell Automation logo
Rockwell AutomationROK
2.2×-0.2×
Teledyne Technologies logo
Teledyne TechnologiesTDY
1.3×-0.6×
Keysight Technologies logo
Keysight TechnologiesKEYS
0.3×+0.2×
KLA Corporation logo
KLA CorporationKLAC
-0.2×
Synopsys logo
SynopsysSNPS
5.1×+3.9×

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 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 net debt / EBITDA?
Teradyne, Inc. (TER) reported net debt / EBITDA of -0.1× in Q1 2026.
How has Teradyne, Inc.'s net debt / EBITDA changed year-over-year?
Teradyne, Inc.'s net debt / EBITDA increased by 73.7% year-over-year, from -0.5× to -0.1×.
What is the long-term trend for Teradyne, Inc.'s net debt / EBITDA?
Over 4 years (2021 to 2025), Teradyne, Inc.'s net debt / EBITDA has grown at a -24.7% compound annual growth rate (CAGR), from -3× to -1×.
What does net debt / EBITDA mean?
How many years of operating earnings it would take to pay off the company's net debt.
How do you interpret net debt / EBITDA?
Lower is safer; lenders often covenant around 3–4×. A negative value means net cash (more cash than debt), a position of strength. Spikes can reflect a temporary EBITDA dip rather than new borrowing.
How does net debt / EBITDA compare across companies?
A standard leverage yardstick across non-financial sectors; covenant thresholds vary by industry cash-flow stability.