What are Teradyne, Inc.'s profit margins?

Teradyne, Inc. (TER) runs a 58.7% gross margin and a 26.5% operating margin, with a 22.6% net margin.

Where do Teradyne, Inc.'s ratios come from?

Every ratio is computed from Teradyne, Inc.'s SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.

Teradyne, Inc. TER Ratios & Valuation

Income Statement Balance Sheet Cash Flow Ratios Segments

Quarterly Annual TTM

YoY QoQ

Simplified Detailed

	TTM Q1 '26	TTM Q4 '25	TTM Q3 '25	TTM Q2 '25	TTM Q1 '25
Profitability
Gross margin	235%-0.7pp	235.6%-0.3pp	235.9%+1.2pp	234.7%+2.1pp	232.7%+2.2pp
Operating margin	83%+4.6pp	78.4%-0.7pp	79.1%-2.8pp	81.9%-2.3pp	84.2%+3.6pp
Net margin	72%+2.7pp	69.3%-1.9pp	71.2%-3.3pp	74.4%-1.7pp	76.2%+3.7pp
EBITDA margin	99%+3.8pp	95.2%-1.0pp	96.2%-2.7pp	98.9%-2.2pp	101.1%+3.6pp
Free cash flow margin	64.8%-6.3pp	71.2%-2.7pp	73.8%-0.6pp	74.4%+2.4pp	72%+5.5pp
Returns
Return on equity	81.1%+7.2pp	73.9%-0.6pp	74.5%-3.4pp	77.9%-2.3pp	80.2%+4.4pp
Return on assets	59.2%+4.8pp	54.4%-1.0pp	55.4%-2.9pp	58.4%-1.4pp	59.8%+3.6pp
Return on invested capital	91.5%+6.0pp	85.5%-3.3pp	88.8%-4.9pp	93.7%-3.2pp	96.9%+4.7pp
Efficiency
Asset turnover	3.2×+0.1×	3.1×0.0×	3.1×0.0×	3.1×0.0×	3.1×0.0×
Inventory turnover	15.5×+0.8×	14.7×+0.1×	14.6×-0.2×	14.8×0.0×	14.8×+0.2×
Liquidity
Current ratio	8×-0.6×	8.6×-1.2×	9.7×-1.3×	11×-0.5×	11.5×-1.0×
Quick ratio	6.4×-0.4×	6.8×-1.0×	7.8×-1.2×	9×-0.5×	9.5×-1.0×
Cash ratio	1.3×-0.5×	1.8×-0.6×	2.4×-0.6×	3×-0.2×	3.1×-0.5×
Leverage
Debt-to-equity	0.3×0.0×	0.3×+0.1×	0.2×+0.1×	0.1×0.0×	0.1×0.0×
Debt-to-assets	0.2×0.0×	0.2×0.0×	0.1×0.0×	0.1×0.0×	0.1×0.0×
Net debt / EBITDA	-0.6×+0.4×	-1×+0.7×	-1.6×+0.6×	-2.3×+0.1×	-2.3×+0.5×
Interest coverage	522.4×-62.2×	584.5×-70.5×	655.1×-2.2×	657.3×+32.3×	625×+31.5×
Per Share
Book value per share	$72.25+3.8%	$69.57+0.3%	$69.33-0.8%	$69.92+1.5%	$68.91+2.2%
Valuation
Market capitalization	$113.12B+41.4%	$79.99B+14.0%	$70.19B+1.1%	$69.43B-10.6%	$77.62B-4.9%
Enterprise value	$112.68B+42.1%	$79.31B+14.9%	$69.04B+1.7%	$67.85B-10.7%	$75.97B-4.7%
Price / earnings	189.4×+31.3×	158.1×+16.9×	141.2×+8.2×	132.9×-14.9×	147.8×-17.2×
Price / sales	34.5×+7.7×	26.9×+2.2×	24.6×-0.1×	24.7×-3.3×	28×-1.9×
Price / book	38.8×+10.0×	28.8×+3.6×	25.2×+0.8×	24.4×-3.2×	27.6×-2.0×
EV / EBITDA	136.7×+23.9×	112.8×+10.9×	101.9×+4.2×	97.7×-11.1×	108.8×-10.9×
EV / sales	34.4×+7.8×	26.6×+2.4×	24.2×+0.1×	24.1×-3.2×	27.4×-1.8×
Free cash flow yield	8.7%-3.4pp	12.1%-0.8pp	12.9%-0.1pp	13%+1.8pp	11.1%+2.2pp
Earnings yield	8.9%-2.5pp	11.4%-0.8pp	12.2%-0.4pp	12.7%+1.1pp	11.6%+1.9pp
Dividend yield	1.3%-0.4pp	1.7%-0.1pp	1.8%0.0pp	1.8%+0.2pp	1.6%+0.2pp

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Questions, answered.

What are Teradyne, Inc.'s profit margins?: Teradyne, Inc. (TER) runs a 58.7% gross margin and a 26.5% operating margin, with a 22.6% net margin.
Where do Teradyne, Inc.'s ratios come from?: Every ratio is computed from Teradyne, Inc.'s SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.