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%+2.3pp	235.6%+5.2pp	235.9%+6.5pp	234.7%+5.5pp	232.7%+2.3pp
Operating margin	83%-1.2pp	78.4%-2.1pp	79.1%+0.9pp	81.9%+4.5pp	84.2%+5.3pp
Net margin	72%-4.2pp	69.3%-3.1pp	71.2%+1.2pp	74.4%+4.8pp	76.2%+5.3pp
EBITDA margin	99%-2.1pp	95.2%-2.3pp	96.2%+1.1pp	98.9%+4.9pp	101.1%+5.9pp
Free cash flow margin	64.8%-7.2pp	71.2%+4.6pp	73.8%+8.2pp	74.4%+11.9pp	72%+11.0pp
Returns
Return on equity	81.1%+0.9pp	73.9%-1.9pp	74.5%+0.9pp	77.9%+2.1pp	80.2%0.0pp
Return on assets	59.2%-0.6pp	54.4%-1.8pp	55.4%+1.5pp	58.4%+3.7pp	59.8%+3.0pp
Return on invested capital	91.5%-5.3pp	85.5%-6.6pp	88.8%-2.1pp	93.7%-1.5pp	96.9%-4.8pp
Efficiency
Asset turnover	3.2×+0.1×	3.1×0.0×	3.1×0.0×	3.1×0.0×	3.1×-0.1×
Inventory turnover	15.5×+0.7×	14.7×0.0×	14.6×+0.2×	14.8×+0.5×	14.8×+0.4×
Liquidity
Current ratio	8×-3.5×	8.6×-4.0×	9.7×-3.2×	11×-2.0×	11.5×-1.9×
Quick ratio	6.4×-3.1×	6.8×-3.7×	7.8×-3.1×	9×-2.1×	9.5×-1.9×
Cash ratio	1.3×-1.9×	1.8×-1.9×	2.4×-1.6×	3×-1.1×	3.1×-1.2×
Leverage
Debt-to-equity	0.3×+0.1×	0.3×+0.1×	0.2×+0.1×	0.1×0.0×	0.1×0.0×
Debt-to-assets	0.2×+0.1×	0.2×+0.1×	0.1×0.0×	0.1×0.0×	0.1×0.0×
Net debt / EBITDA	-0.6×+1.8×	-1×+1.9×	-1.6×+1.7×	-2.3×+1.2×	-2.3×+1.4×
Interest coverage	522.4×-103×	584.5×-9.0×	655.1×+95.4×	657.3×+110×	625×+53.4×
Per Share
Book value per share	$72.25+4.8%	$69.57+3.2%	$69.33+5.8%	$69.92+11.5%	$68.91+13.4%
Valuation
Market capitalization	$113.12B+45.7%	$79.99B-2.0%	$70.19B-9.6%	$69.43B-3.6%	$77.62B+16.7%
Enterprise value	$112.68B+48.3%	$79.31B-0.5%	$69.04B-8.7%	$67.85B-2.8%	$75.97B+18.4%
Price / earnings	189.4×+41.6×	158.1×-6.9×	141.2×-23.0×	132.9×-20.7×	147.8×+9.2×
Price / sales	34.5×+6.6×	26.9×-3.0×	24.6×-4.2×	24.7×-2.0×	28×+3.6×
Price / book	38.8×+11.2×	28.8×-0.9×	25.2×-3.7×	24.4×-3.5×	27.6×+0.9×
EV / EBITDA	136.7×+28.0×	112.8×-6.8×	101.9×-15.7×	97.7×-12.2×	108.8×+9.6×
EV / sales	34.4×+7.0×	26.6×-2.6×	24.2×-3.8×	24.1×-1.8×	27.4×+3.9×
Free cash flow yield	8.7%-2.5pp	12.1%+3.1pp	12.9%+3.7pp	13%+3.5pp	11.1%+1.1pp
Earnings yield	8.9%-2.7pp	11.4%+1.7pp	12.2%+2.4pp	12.7%+2.0pp	11.6%-0.1pp
Dividend yield	1.3%-0.3pp	1.7%+0.3pp	1.8%+0.4pp	1.8%+0.3pp	1.6%0.0pp

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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.