Teradyne, Inc. TER Ratios & Valuation
| FY'25 | FY'24 | FY'23 | FY'22 | ||
|---|---|---|---|---|---|
| Profitability | |||||
| Gross margin | 235.6%+5.2pp | 230.5%-1.4pp | 231.9%-6.8pp | 238.7%+3.4pp | |
| Operating margin | 78.4%-2.1pp | 80.5%-4.6pp | 85.1%-30.0pp | 115.1%-12.8pp | |
| Net margin | 69.3%-3.1pp | 72.5%-3.4pp | 75.8%-20.9pp | 96.8%-11.3pp | |
| EBITDA margin | 95.2%-2.3pp | 97.5%-3.3pp | 100.8%-27.4pp | 128.2%-12.6pp | |
| Free cash flow margin | 71.2%+4.6pp | 66.5%+6.7pp | 59.8%-19.9pp | 79.8%-11.8pp | |
| Returns | |||||
| Return on equity | 73.9%-1.9pp | 75.8%-13.2pp | 89%-47.1pp | 136.1%-36.9pp | |
| Return on assets | 54.4%-1.8pp | 56.2%-6.2pp | 62.4%-27.8pp | 90.2%-15.6pp | |
| Return on invested capital | 85.5%-6.6pp | 92.1%-21.9pp | 114%-92.4pp | 206.4%-82.6pp | |
| Efficiency | |||||
| Asset turnover | 3.1×0.0× | 3.1×-0.2× | 3.3×-0.4× | 3.7×-0.2× | |
| Inventory turnover | 14.7×0.0× | 14.6×-0.4× | 15.1×-5.4× | 20.4×-5.7× | |
| Liquidity | |||||
| Current ratio | 8.6×-4.0× | 12.5×-0.6× | 13.1×+0.8× | 12.2×-0.7× | |
| Quick ratio | 6.8×-3.7× | 10.5×-0.5× | 11×+0.4× | 10.6×-1.1× | |
| Cash ratio | 1.8×-1.9× | 3.7×-0.4× | 4.1×+0.1× | 4×-1.0× | |
| Leverage | |||||
| Debt-to-equity | 0.3×+0.1× | 0.1×0.0× | 0.1×0.0× | 0.1×0.0× | |
| Debt-to-assets | 0.2×+0.1× | 0.1×0.0× | 0.1×0.0× | 0.1×0.0× | |
| Net debt / EBITDA | -1×+1.9× | -2.9×+0.5× | -3.3×-0.9× | -2.5×+0.6× | |
| Interest coverage | 584.5×-9.0× | 593.5×-38.5× | 632×+16.3× | 615.8×+409× | |
| Per Share | |||||
| Book value per share | $69.57+3.2% | $67.39+12.8% | $59.76+7.7% | $55.48+3.5% | |
| Valuation | |||||
| Market capitalization | $79.99B-2.0% | $81.61B+23.6% | $66.02B+12.0% | $58.94B-31.6% | |
| Enterprise value | $79.31B-0.5% | $79.73B+25.2% | $63.7B+13.1% | $56.31B-31.7% | |
| Price / earnings | 158.1×-6.9× | 165×+40.3× | 124.7×+53.5× | 71.2×-20.4× | |
| Price / sales | 26.9×-3.0× | 29.9×+6.5× | 23.4×+6.1× | 17.3×-7.4× | |
| Price / book | 28.8×-0.9× | 29.6×+2.8× | 26.8×+2.0× | 24.8×-9.9× | |
| EV / EBITDA | 112.8×-6.8× | 119.6×+29.3× | 90.4×+39.0× | 51.4×-16.0× | |
| EV / sales | 26.6×-2.6× | 29.2×+6.6× | 22.6×+6.1× | 16.5×-7.2× | |
| Free cash flow yield | 12.1%+3.1pp | 8.9%-1.3pp | 10.2%-8.3pp | 18.5%+3.4pp | |
| Earnings yield | 11.4%+1.7pp | 9.7%-3.3pp | 13%-9.7pp | 22.7%+4.9pp | |
| Dividend yield | 1.7%+0.3pp | 1.4%-0.2pp | 1.7%-0.3pp | 1.9%+0.7pp |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →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.
