Teradyne, Inc. (TER)
Full history for every metric is available with a Kvantra account
No price history available.
Key financial summary
Financials in USD| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM | 2026E | ||
|---|---|---|---|---|---|---|---|---|---|
| Total revenue | $m | 3,121 | 3,703 | 3,155 | 2,676 | 2,820 | 3,190 | 4,464 | 5,145 |
| Operating profit | $m | 693 | 1,366 | ||||||
| Net profit | $m | 784 | 1,015 | 716 | 449 | 542 | 554 | 1,150 | 1,433 |
| EPS reported | $ | 3.48 | 7.29 | ||||||
| Operating cashflow per share | $ | 4.31 | 6.81 | ||||||
| Capex per share | $ | 1.43 | 1.69 | ||||||
| FCF per share | $ | 2.88 | 5.11 | ||||||
| Free cash flow | $m | 450 | 800 | ||||||
| Net debt | $m | -39 | -100,382 | ||||||
| Book value equity | $m | 2,796 | 3,437 | ||||||
| Book value per share | $ | 17.73 | 21.80 | ||||||
| Number of shares | m | 157.65 | 157.66 | ||||||
| DPS (TTM paid) | $ | 0.48 | 0.51 |
Financial summary
Financials in USD| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM | 2026E | ||
|---|---|---|---|---|---|---|---|---|---|
| Value | |||||||||
| P/E TTM | x | 55.62 | 54.65 | ||||||
| P/B LTM | x | 10.83 | 8.81 | ||||||
| P/S LTM | x | 9.49 | 6.78 | ||||||
| P/FCF LTM | x | 67.22 | 37.85 | ||||||
| EV/EBITDA LTM | x | 39.49 | 20.87 | ||||||
| EV/Sales LTM | x | 9.51 | 12.87 | ||||||
| Earnings Yield LTM | % | +1.80% | +1.83% | ||||||
| FCF Yield | % | +1.49% | +2.64% | ||||||
| Quality | |||||||||
| ROE | % | +19.82% | +38.04% | ||||||
| ROIC | % | +18.45% | +30.79% | ||||||
| Operating margin | % | +21.74% | +30.61% | ||||||
| Gross margin | % | +58.55% | +59.31% | ||||||
| FCF/Sales | % | +14.12% | +17.92% | ||||||
| Growth and momentum | |||||||||
| EPS Growth YoY | % | +4.82% | +119.58% | ||||||
| Sales Growth YoY | % | +13.13% | +58.31% | ||||||
| Net Income Growth YoY | % | +2.15% | +112.07% | ||||||
| FCF Growth | % | -4.99% | +68.73% | ||||||
| Operating Profit Growth | % | +16.78% | +130.10% | ||||||
| Dividend and capital structure | |||||||||
| Dividend Yield | % | +0.25% | +0.14% | ||||||
| Dividend Growth | % | 0.00% | +6.25% | ||||||
| Payout Ratio | % | +13.91% | +6.81% | ||||||
| FCF/Debt | x | 1.30 | 7.99 | ||||||
| Net Debt/EBITDA | x | 0.07 | -0.17 | ||||||
| EBIT/Net interest | x | 101.29 | 106.33 | ||||||
| Net debt/market cap | % | +0.94% | +0.03% | ||||||
| Net debt/Equity | x | -0.01 | -29.20 | ||||||
| Gross debt/equity | x | 0.12 | 0.03 | ||||||
Price target estimates
Based on consensus from external analysts. Not Kvantra's opinion.
Ratings
Based on consensus from external analysts. Not Kvantra's opinion.
ESG
| Metric | 2024 | 2025 | 2026 |
|---|---|---|---|
| ESG-score | |||
| Environmental score | |||
| Social score | |||
| Governance score | |||
| Risk rating |
Company overview
Teradyne, Inc., established in 1960 and headquartered in North Reading, Massachusetts, is a global leader specializing in the creation, production, sale, and maintenance of automated testing solutions. The company's operations are categorized into four principal divisions: 1. Semiconductor Test: This segment delivers solutions for testing microchips at both the wafer and finished device package stages. These capabilities serve a wide array of sectors, including automotive, industrial, telecommunications, consumer electronics, mobile devices, cloud computing, and gaming. Notable offerings include the FLEX test platform, the J750 system for high-volume semiconductor testing, the Magnum platform specialized for memory components like flash and DRAM, and the ETS platform, which caters to the analog/mixed-signal markets for chip makers and outsourced assembly/test providers. Its clientele encompasses integrated device manufacturers (IDMs), fabless chip companies, foundries, and independent semiconductor assembly and test firms. 2. System Test: This division provides instrumentation and systems for defense and aerospace applications, data storage testing apparatus, and solutions for circuit board examination and fault detection. 3. Industrial Automation: This segment supplies collaborative robotic arms, self-governing mobile robots, and sophisticated software for robotic control, primarily catering to clients in manufacturing, logistics, and lighter industrial applications. 4. Wireless Test: Operating under its LitePoint brand, this segment delivers crucial testing solutions for the development and production of various wireless products, ranging from modules and smartphones to tablets, laptops, peripherals, and Internet-of-Things (IoT) gadgets. Key offerings include IQxel for Wi-Fi and other connectivity standards, IQxstream for comprehensive cellular technology testing (including 5G), IQcell for multi-device cellular signaling verification, IQgig, and ready-to-use test software tailored for wireless chipsets.
Similar companies
For informational purposes only. Kvantra provides data and quantitative analysis, not investment advice. KvantraRank is a mechanical model output. Analyst price targets and ratings are sourced from third parties and are not Kvantra recommendations. Past performance does not guarantee future results; all investments carry risk.
No price history available.
Consensus from external analysts. Not Kvantra's opinion.
Based on consensus from external analysts. Not Kvantra's opinion.
Teradyne, Inc., established in 1960 and headquartered in North Reading, Massachusetts, is a global leader specializing in the creation, production, sale, and maintenance of automated testing solutions. The company's operations are categorized into four principal divisions: 1. Semiconductor Test: This segment delivers solutions for testing microchips at both the wafer and finished device package stages. These capabilities serve a wide array of sectors, including automotive, industrial, telecommunications, consumer electronics, mobile devices, cloud computing, and gaming. Notable offerings include the FLEX test platform, the J750 system for high-volume semiconductor testing, the Magnum platform specialized for memory components like flash and DRAM, and the ETS platform, which caters to the analog/mixed-signal markets for chip makers and outsourced assembly/test providers. Its clientele encompasses integrated device manufacturers (IDMs), fabless chip companies, foundries, and independent semiconductor assembly and test firms. 2. System Test: This division provides instrumentation and systems for defense and aerospace applications, data storage testing apparatus, and solutions for circuit board examination and fault detection. 3. Industrial Automation: This segment supplies collaborative robotic arms, self-governing mobile robots, and sophisticated software for robotic control, primarily catering to clients in manufacturing, logistics, and lighter industrial applications. 4. Wireless Test: Operating under its LitePoint brand, this segment delivers crucial testing solutions for the development and production of various wireless products, ranging from modules and smartphones to tablets, laptops, peripherals, and Internet-of-Things (IoT) gadgets. Key offerings include IQxel for Wi-Fi and other connectivity standards, IQxstream for comprehensive cellular technology testing (including 5G), IQcell for multi-device cellular signaling verification, IQgig, and ready-to-use test software tailored for wireless chipsets.
Unlock all fundamental data
Sign up for FreeUnlock all fundamental data
Sign up for Free