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TeradyneTER

Semiconductor Materials & Equipment · North Reading, Massachusetts · In the S&P 500
Solid businessPricier than peers
$274.37−7.38%After hours: $275.50 (+0.41%)At the close, 30 Oct · Prices from CNBC, may be delayed
▲ 57.7% over 1 year
Teradyne over 1 yearDaily close, $, to 30 Oct 2026
$200$300$400Nov2026MarMayJulSep$274.37$200$400NovMarJul$274.37
Source: Nasdaq daily closes
Market value$42.90B
Price to earnings31.5x
Forward P/E28.8x
Dividend yield0.19%
Year to date+41.7%
One year+57.7%
Next earningsNot scheduled
SectorInformation Technology
52-week range (closes)
$155.90$483.84

Quality and valuation

How Teradyne compares with other information technology stocks. A description, not a recommendation.

Teradyne and 4 semiconductor materials & equipment peers. Across: valuation (P/E) against the sector. Up: business quality against the sector. Hover or tap a logo for its numbers.

Business quality: about averageValuation: pricier than most

An average business among information technology companies, priced above most of them.

Teradyne trades at 28.8 times the next 12 months of expected earnings, against a median of 22.2x for the 99 information technology stocks we cover. The quality score blends where it ranks on revenue growth, gross margin, operating margin and free-cash-flow margin (net margin for banks and insurers) over the last 12 months, from SEC filings.

  • Revenue grew faster than the sector median: +74.9% vs +20.6%
  • Keeps less of each sale (gross margin): 59.3% vs 61.5%
  • More profitable (operating margin): 32.1% vs 17.0%
  • Turns less of its sales into cash: 20.5% vs 21.7%
TER trades at 28.8x forward earnings, above the sector medianForward p/e, Semiconductor Materials & Equipment peers
AMAT21.9xQ24.1xLRCX24.9xKLAC27.5xTER28.8xSector median 22.2xAMAT21.9xQ24.1xLRCX24.9xKLAC27.5xTER28.8xSector median 22.2x
Source: CNBC quotes; Mostly Markets
At 31.5x earnings, TER is cheaper than its average since Nov 2024Price over the last 12 months of reported (GAAP) diluted EPS
P/EUsual range (±1 s.d.)
50x100xAverage 53.0x2025202631.5x50x100xAverage 53.0x2025202631.5x
Source: Nasdaq prices; SEC filings

Financials

From Teradyne's SEC filings, through the quarter ending 27 Sep 2026. Hover or tap a bar for its value.

Revenue grew 69.8% from a year earlierQuarterly revenue, $bn, latest Q3 ’26
$0.0bn$0.5bn$1.0bnQ4 ’24Q2 ’25Q4 ’25$1.3bnQ3 ’26$0.0bn$0.5bn$1.0bnQ4 ’24Q2 ’25Q4 ’25$1.3bnQ3 ’26
Source: SEC filings
Growth slowed to +69.8% last quarterRevenue growth, year on year, %
0%50%100%Q4 ’24Q2 ’25Q4 ’2569.8%Q3 ’260%50%100%Q4 ’24Q2 ’25Q4 ’2569.8%Q3 ’26
Source: SEC filings
Operating margin was 30.8% last quarterOperating income as a share of revenue, %
0%10%20%30%Q4 ’24Q2 ’25Q4 ’2530.8%Q3 ’260%20%Q4 ’24Q2 ’25Q4 ’2530.8%Q3 ’26
Source: SEC filings
Free cash flow was $1.0 billion over 12 monthsQuarterly free cash flow (operating cash flow minus capex), $m
$0m$100m$200m$300mQ4 ’24Q2 ’25Q4 ’25$227mQ3 ’26$0m$200mQ4 ’24Q2 ’25Q4 ’25$227mQ3 ’26
Source: SEC filings
Last 12 monthsTERSector median
Revenue growth+74.9%+20.6%
Gross margin59.3%61.5%
Operating margin32.1%17.0%
Free cash flow margin20.5%21.7%
Price to earnings31.5x33.1x

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