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

	Q1 '26	Q4 '25	Q3 '25	Q2 '25	Q1 '25
Profitability
Gross margin	58.7%-0.7pp	58.2%-0.3pp	58.9%+1.2pp	59.1%+2.1pp	59.4%+2.2pp
Operating margin	26.5%+4.6pp	20.4%-0.7pp	17.9%-2.8pp	18.3%-2.3pp	21.9%+3.6pp
Net margin	22.6%+2.7pp	17.4%-1.9pp	15.5%-3.3pp	16.6%-1.7pp	19.9%+3.7pp
EBITDA margin	29.9%+3.8pp	24.3%-1.0pp	22.1%-2.7pp	22.6%-2.2pp	26.1%+3.6pp
Free cash flow margin	14.6%-6.3pp	14.1%-2.7pp	16%-0.6pp	20.1%+2.4pp	20.9%+5.5pp
Returns
Return on equity	28.7%+7.2pp	19.7%-0.6pp	15.8%-3.4pp	16.9%-2.3pp	21.6%+4.4pp
Return on assets	21%+4.8pp	14%-1.0pp	11.5%-2.9pp	12.7%-1.4pp	16.2%+3.6pp
Return on invested capital	32.6%+6.0pp	22.3%-3.3pp	17.6%-4.9pp	19.1%-3.2pp	26.5%+4.7pp
Efficiency
Asset turnover	0.9×+0.1×	0.8×0.0×	0.7×0.0×	0.8×0.0×	0.8×0.0×
Inventory turnover	4.4×+0.8×	3.9×+0.1×	3.5×-0.2×	3.6×0.0×	3.6×+0.2×
Liquidity
Current ratio	2.1×-0.6×	1.7×-1.2×	1.8×-1.3×	2.3×-0.5×	2.7×-1.0×
Quick ratio	1.8×-0.4×	1.4×-1.0×	1.4×-1.2×	1.8×-0.5×	2.2×-1.0×
Cash ratio	0.2×-0.5×	0.3×-0.6×	0.3×-0.6×	0.5×-0.2×	0.7×-0.5×
Leverage
Debt-to-equity	0×0.0×	0.1×+0.1×	0.1×+0.1×	0×0.0×	0×0.0×
Debt-to-assets	0×0.0×	0.1×0.0×	0.1×0.0×	0×0.0×	0×0.0×
Net debt / EBITDA	-0.1×+0.4×	-0×+0.7×	-0×+0.6×	-0.4×+0.1×	-0.5×+0.5×
Interest coverage	108.9×-62.2×	95×-70.5×	145.9×-2.2×	172.6×+32.3×	171.1×+31.5×
Per Share
Book value per share	$19.94+15.5%	$17.50+1.4%	$17.08-3.3%	$17.72+6.1%	$17.27+9.6%
Valuation
Market capitalization	$46.41B+249%	$30.31B+47.8%	$21.89B+3.6%	$14.5B-36.1%	$13.28B-23.1%
Enterprise value	$46.25B+259%	$30.3B+51.3%	$21.89B+5.7%	$14.24B-36.3%	$12.88B-22.6%
Price / earnings	54.3×+31.3×	54.7×+16.9×	49.4×+8.2×	30.9×-14.9×	23×-17.2×
Price / sales	12.3×+7.7×	9.5×+2.2×	7.7×-0.1×	5.1×-3.3×	4.6×-1.9×
Price / book	14.8×+10.0×	10.8×+3.6×	8.1×+0.8×	5.1×-3.2×	4.7×-2.0×
EV / EBITDA	40.9×+23.9×	39×+10.9×	34.6×+4.2×	22.3×-11.1×	17×-10.9×
EV / sales	12.2×+7.8×	9.5×+2.4×	7.7×+0.1×	5×-3.2×	4.4×-1.8×
Free cash flow yield	1.2%-3.4pp	1.5%-0.8pp	2.1%-0.1pp	3.9%+1.8pp	4.6%+2.2pp
Earnings yield	1.8%-2.5pp	1.8%-0.8pp	2%-0.4pp	3.2%+1.1pp	4.3%+1.9pp
Dividend yield	0.2%-0.4pp	0.3%-0.1pp	0.4%0.0pp	0.5%+0.2pp	0.6%+0.2pp
PEG ratio	1.1×+0.5×	25.4×+23.6×	——	——	0.7×—

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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.