Teradyne, Inc. TER SPXAI
Teradyne, Inc. engages in the design, development, manufacture, and sale of automated test systems and robotics products in the United States, Asia Pacific, Europe, the Middle East, and Africa. The company operates through Semiconductor Test, Robotics, and Other segments. The Semiconductor Test segment offers products and services for wafer level and device package testing, and system level testing of semiconductor devices in automotive, industrial, communications, consumer, smartphones, cloud, computer and electronic game, and other applications. This segment also provides FLEX test platform systems; J750 test system to address the volume semiconductor devices, including microcontrollers; Magnum platform that tests memory devices, such as flash memory and DRAM; and ETS platform for semiconductor manufacturers, and assembly and test subcontractors in the analog/mixed signal markets. It serves integrated device manufacturers that integrate the fabrication of silicon wafers into their business; fabless companies that outsource the manufacturing of silicon wafers; foundries; and semiconductor assembly and test providers. The Robotics segment provides collaborative robotic arms and autonomous mobile robots for manufacturing, logistics, and industrial customers. It also provides product test instruments which includes operations related to the design, manufacturing and marketing of products and services for defense/aerospace test, circuit-board test, wireless test systems, and silicon photonics testing. Teradyne, Inc. was incorporated in 1960 and is headquartered in North Reading, Massachusetts.
READ MORE ›Market & Price
Valuation
Profitability & Returns
Balance Sheet & Liquidity
Ownership
Financial Snapshot
Growth (CAGR)
PROS
- Strong return on equity of 28.7%.
- Healthy ROCE of 21.5%.
- Excellent profit margin of 22.6%.
- Generates positive free cash flow.
- In a confirmed uptrend (50-DMA above 200-DMA).
CONS
- Trading at a high P/E of 69.4.
- Earnings shrank at -8.2% CAGR over 5 years.
* The pros and cons are auto-generated from financial metrics.
Price Chart
Technical Trend
Computed from daily close history using EMA cross, slope, and RSI signals.
Note: intraday data is not stored locally. “Hourly” uses the most recent 10 daily candles as a short-term proxy.
Fundamental Growth
No fundamental data available for this stock.
Figures from the latest reported periods. CAGR is computed across the displayed window (quarterly CAGR is annualised assuming 4 quarters per year).
Peer comparison
Peer companies in the same sector (Technology).
| # | Name | CMP $ | P/E | Mkt Cap | Div Yld % | ROCE % | ROE % | Rev CAGR 5Y % | Profit CAGR 5Y % |
|---|---|---|---|---|---|---|---|---|---|
| 1 | TER Teradyne, Inc. SPXAI | 374.31 | 69.45 | $58.60B | 0.14% | 21.51% | 28.75% | 0.37% | -8.17% |
| 2 | NVDA NVIDIA Corporation NDXSPXAI | 211.14 | 32.38 | $5.11T | 0.47% | 81.14% | 114.29% | 100.05% | 201.80% |
| 3 | AAPL Apple Inc. NDXSPX | 312.06 | 37.73 | $4.58T | 0.35% | 68.72% | 141.47% | 1.81% | 3.92% |
| 4 | MSFT Microsoft Corporation NDXSPXAI | 450.24 | 26.82 | $3.34T | 0.81% | 26.37% | 34.01% | 12.42% | 11.87% |
| 5 | TSM Taiwan Semiconductor Manufacturing Company Limited AI | 418.45 | 35.86 | $2.17T | 0.91% | 32.04% | 36.21% | 18.94% | 19.57% |
| 6 | MU Micron Technology, Inc. NDXSPXAI | 971.00 | 45.87 | $1.10T | 0.06% | 14.20% | 39.82% | 6.71% | -0.57% |
| 7 | AMD Advanced Micro Devices, Inc. NDXSPXAI | 516.10 | 172.61 | $841.55B | - | 6.33% | 8.06% | 13.64% | 48.64% |
| 8 | ORCL Oracle Corporation SPXAI | 225.78 | 40.46 | $649.35B | 0.89% | 13.07% | 57.57% | 10.59% | 22.81% |
| 9 | ASML ASML Holding N.V. NDXAI | 1,612.76 | 53.76 | $621.59B | 0.54% | 43.81% | 52.24% | 15.55% | 19.55% |
Quarterly Results
Figures in USD.
| Metric | Oct 2015 | Dec 2015 | Apr 2016 | Jul 2016 | Oct 2016 | Dec 2016 | Apr 2017 | Jul 2017 | Oct 2017 | Dec 2017 | Apr 2018 | Jul 2018 | Sep 2018 | Dec 2018 | Mar 2019 | Jun 2019 | Sep 2019 | Dec 2019 | Mar 2020 | Jun 2020 | Sep 2020 | Dec 2020 | Apr 2021 | Jul 2021 | Oct 2021 | Apr 2022 | Jul 2022 | Oct 2022 | Apr 2023 | Jul 2023 | Oct 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | 456.91M | 696.90M | 503.38M | 479.42M | 487.47M | 526.93M | 566.85M | 519.56M | 494.10M | 564.18M | 582.04M | 654.65M | 704.36M | 838.66M | 819.48M | 758.97M | - | - | - | - | - | - | - | - | - | - | - | - | - | 685.68M | 651.80M | 769.21M | 1.08B | 1.28B |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 270.34M | 278.79M | 319.90M | 463.65M | 501.55M |
| Gross Profit | 258.63M | 166.03M | 230.33M | 282.87M | 227.36M | 219.01M | 265.02M | 390.64M | 294.87M | 270.93M | 269.83M | 307.33M | 333.69M | 309.54M | 287.63M | 323.92M | 345.04M | 383.24M | 405.55M | 471.47M | 458.93M | 449.79M | 461.62M | 646.99M | 571.00M | 454.93M | 506.39M | 485.38M | 356.42M | 402.49M | 398.29M | 339.28M | 425.84M | - | - | 415.34M | 373.01M | 449.31M | 619.69M | 780.95M |
| Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 280.02M | 279.90M | 297.42M | 311.41M | 304.52M |
| Operating Income | 86.80M | -9.75M | 56.11M | -231.80M | 56.50M | 59.17M | 93.78M | 207.80M | 129.13M | 94.63M | 97.53M | 120.40M | 143.59M | 112.27M | 93.08M | 133.99M | 154.92M | 171.66M | 206.72M | 217.95M | 269.66M | 234.08M | 233.01M | 388.87M | 322.40M | 185.85M | 247.99M | 231.51M | 92.86M | 139.91M | 143.97M | 77.77M | 210.37M | - | - | 135.32M | 93.11M | 151.89M | 308.28M | 476.43M |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 150.12M | 128.75M | 179.93M | 329.29M | 501.48M |
| Interest Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 795.00K | 805.00K | 1.31M | 3.94M | 3.15M |
| Pretax Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 119.02M | 96.56M | 148.10M | 289.58M | 465.68M |
| Tax Provision | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 14.54M | 12.26M | 23.34M | 29.15M | 62.16M |
| Net Income | 71.45M | -641.00K | 49.99M | -223.55M | 63.79M | 66.34M | 85.22M | 174.98M | 103.42M | -105.92M | 86.97M | 101.04M | 119.98M | 143.79M | 109.14M | 97.40M | 135.86M | 125.08M | 176.19M | 188.91M | 222.72M | 196.33M | 205.51M | 328.32M | 256.72M | 161.93M | 197.79M | 183.49M | 83.53M | 120.05M | 128.12M | 64.20M | 186.27M | - | - | 98.90M | 78.37M | 119.56M | 257.22M | 398.91M |
| Diluted EPS | 0.34 | 0.00 | 0.24 | -1.10 | 0.31 | 0.33 | 0.42 | 0.87 | 0.52 | -0.54 | 0.43 | 0.52 | 0.63 | 0.79 | 0.62 | 0.55 | 0.75 | 0.69 | 0.97 | 1.05 | 1.21 | 1.05 | 1.09 | 1.76 | 1.41 | 0.92 | 1.16 | 1.10 | 0.50 | 0.73 | 0.78 | 0.40 | 1.14 | - | - | 0.61 | 0.49 | 0.75 | 1.63 | 2.53 |
Profit & Loss (Annual)
Figures in USD.
| Metric | Dec 2008 | Dec 2009 | Dec 2010 | Dec 2011 | Dec 2012 | Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | 1.75B | 2.14B | 2.10B | - | - | - | 3.16B | 2.68B | 2.82B | 3.19B |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.29B | 1.14B | 1.17B | 1.33B |
| Gross Profit | 498.19M | 299.45M | 857.58M | 711.82M | 886.04M | 808.80M | 878.81M | 915.64M | 958.61M | 1.22B | 1.22B | 1.34B | 1.79B | - | 1.87B | 1.54B | 1.65B | 1.86B |
| Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.02B | 1.01B | 1.10B | 1.17B |
| Operating Income | -380.74M | -124.85M | 414.94M | 231.50M | 287.37M | 190.66M | 96.42M | 242.97M | -62.97M | 525.34M | 473.80M | 553.65M | 928.41M | - | 849.12M | 522.35M | 552.24M | 688.61M |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 954.78M | 640.26M | 732.41M | 788.09M |
| Interest Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 3.72M | 3.81M | 3.59M | 6.85M |
| Pretax Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 840.38M | 525.57M | 609.09M | 653.26M |
| Tax Provision | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 124.88M | 76.82M | 59.50M | 79.30M |
| Net Income | -394.23M | -133.84M | 384.82M | 369.87M | 217.05M | 164.95M | 81.27M | 206.48M | -43.42M | 257.69M | 451.78M | 467.47M | 784.15M | - | 715.50M | 448.75M | 542.37M | 554.05M |
| Diluted EPS | -2.31 | -0.77 | 1.75 | 1.63 | 0.94 | 0.70 | 0.37 | 0.97 | -0.21 | 1.28 | 2.35 | 2.60 | 4.28 | - | 4.22 | 2.73 | 3.32 | 3.47 |
Compounded Sales Growth
| 5 Years: | 0.37% |
| 1 Year: | 87.00% |
Compounded Profit Growth
| 5 Years: | -8.17% |
| 1 Year: | 314.80% |
Stock Price Performance
| 1 Year: | +377.44% |
| 6 Months: | +123.42% |
| 3 Months: | +17.01% |
| 1 Month: | +22.24% |
Balance Sheet (Annual)
Figures in USD.
| Metric | Dec 2007 | Dec 2008 | Dec 2009 | Dec 2010 | Dec 2011 | Dec 2012 | Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Assets | - | - | 1.24B | 1.81B | 2.19B | 2.43B | 2.63B | 2.54B | 2.55B | 2.76B | 3.11B | 2.71B | 2.79B | 3.65B | - | 3.50B | 3.49B | 3.71B | 4.18B |
| Current Assets | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 2.26B | 2.16B | 1.82B | 1.95B |
| Cash & Equivalents | 562.37M | 322.70M | 416.74M | 397.74M | 573.74M | 338.92M | 341.64M | 294.26M | 264.70M | 307.88M | 429.84M | 926.75M | 773.92M | 914.12M | - | 854.77M | 757.57M | 553.35M | 293.75M |
| Inventory | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 325.02M | 309.97M | 298.49M | 379.55M |
| Receivables | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 491.14M | 422.12M | 471.43M | 786.91M |
| Total Liabilities | - | - | 570.76M | 688.17M | 683.58M | 650.99M | 644.73M | 459.54M | 582.89M | 933.83M | 1.16B | 1.18B | 1.31B | 1.44B | - | 1.05B | 960.93M | 889.42M | 1.39B |
| Current Liabilities | - | - | 283.36M | 363.70M | 373.68M | 297.83M | 475.63M | 291.55M | 372.86M | 372.70M | 454.34M | 476.29M | 539.03M | 700.87M | - | 746.26M | 659.95M | 624.58M | 1.12B |
| Long Term Debt | - | - | 141.10M | 150.18M | 159.96M | 171.06M | - | - | - | - | - | - | - | - | 89.24M | - | - | - | - |
| Total Debt | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 132.88M | 82.61M | 76.62M | 283.24M |
| Total Equity | 1.23B | 709.72M | 664.58M | 1.12B | 1.51B | 1.78B | 1.99B | 2.08B | 1.97B | 1.83B | 1.95B | 1.52B | 1.48B | 2.21B | - | 2.45B | 2.53B | 2.82B | 2.80B |
| Shares Outstanding | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 155.76M | 152.70M | 161.72M | 156.09M |
Cash Flows (Annual)
Figures in USD.
| Metric | Dec 2008 | Dec 2009 | Dec 2010 | Dec 2011 | Dec 2012 | Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | 163.94M | 121.86M | 566.29M | 274.86M | 403.08M | 267.27M | - | - | 455.20M | 626.50M | 476.88M | 578.75M | 868.93M | - | 577.92M | 585.23M | 672.18M | 674.41M |
| Investing Cash Flow | -449.10M | -93.93M | -627.66M | -82.55M | -602.49M | -281.83M | - | - | -640.46M | -262.80M | 923.01M | -156.66M | -569.79M | - | 43.75M | -179.65M | -622.34M | -368.62M |
| Financing Cash Flow | 46.30M | 66.10M | 42.37M | -16.31M | -35.41M | 17.27M | - | - | 228.44M | -245.19M | -903.42M | -574.35M | -158.29M | - | -892.99M | -501.91M | -251.77M | -562.25M |
| Capital Expenditure | -87.20M | -41.31M | -76.04M | -86.10M | -119.08M | -106.73M | -168.98M | -89.88M | -85.27M | -105.38M | -114.38M | -134.64M | -184.98M | - | -163.25M | -159.64M | -198.09M | -224.01M |
| Free Cash Flow | 76.73M | 80.56M | 490.24M | 188.76M | 284.00M | 160.54M | - | - | 369.93M | 521.12M | 362.50M | 444.11M | 683.96M | - | 414.67M | 425.59M | 474.08M | 450.41M |
| Net Change in Cash | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -271.31M | -96.33M | -201.93M | -256.45M |
| Share Buybacks | 91.19M | - | - | 31.18M | - | - | - | 299.95M | 146.33M | 200.30M | 823.48M | 500.00M | 88.47M | 600.00M | 752.08M | 397.24M | 198.57M | 702.10M |
| Dividends Paid | - | - | - | - | - | - | 37.42M | 50.71M | 48.62M | 55.45M | 67.32M | 61.30M | 66.48M | 65.98M | 69.71M | 67.88M | 76.42M | 76.31M |
Ratios (Annual)
Figures in %.
| Metric | Dec 2008 | Dec 2009 | Dec 2010 | Dec 2011 | Dec 2012 | Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin % | - | - | - | - | - | - | - | - | 54.7% | 57.2% | 58.1% | - | - | - | 59.2% | 57.4% | 58.5% | 58.2% |
| Operating Margin % | - | - | - | - | - | - | - | - | -3.6% | 24.6% | 22.6% | - | - | - | 26.9% | 19.5% | 19.6% | 21.6% |
| Net Margin % | - | - | - | - | - | - | - | - | -2.5% | 12.1% | 21.5% | - | - | - | 22.7% | 16.8% | 19.2% | 17.4% |
| ROE % | -55.5% | -20.1% | 34.3% | 24.6% | 12.2% | 8.3% | 3.9% | 10.5% | -2.4% | 13.2% | 29.7% | 31.6% | 35.5% | - | 29.2% | 17.8% | 19.2% | 19.8% |
| ROCE % | - | -13.1% | 28.7% | 12.8% | 13.5% | 8.9% | 4.3% | 11.2% | -2.6% | 19.8% | 21.2% | 24.6% | 31.5% | - | 30.8% | 18.5% | 17.9% | 22.4% |
Shareholding Pattern
Top Institutional Holders
| # | Holder | % Held | Shares | Value |
|---|---|---|---|---|
| 1 | Blackrock Inc. | 9.39% | 16.31M | $6.10B |
| 2 | Vanguard Capital Management LLC | 5.86% | 10.18M | $3.81B |
| 3 | Vanguard Portfolio Management LLC | 4.95% | 8.60M | $3.22B |
| 4 | State Street Corporation | 4.01% | 6.97M | $2.61B |
| 5 | Geode Capital Management, LLC | 2.52% | 4.37M | $1.64B |
| 6 | FMR, LLC | 2.08% | 3.61M | $1.35B |
| 7 | JPMORGAN CHASE & CO | 1.65% | 2.87M | $1.07B |
| 8 | Ameriprise Financial, Inc. | 1.64% | 2.84M | $1.06B |
| 9 | Alkeon Capital Management LLC | 1.61% | 2.79M | $1.04B |
| 10 | Invesco Ltd. | 1.45% | 2.52M | $943.48M |
Analyst View
Analyst aggregate. Targets and ratings update periodically; not investment advice.
Latest News
Recent headlines for TER