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TERADYNE, INC
Nasdaq · CIK 97210
Last close449.04
Daily change+33.25 (8.00%)
10 Years gain+2010.53%
Dividends TTM0.51 (+6.25%)
Dividend yield0.12%
Fundamental Analysis
TER · STANDARD
SIC 3825 · Instruments For Meas & Testing of Electricity & Elec Signals · Fiscal year end 1231
Fundamental
56.5Momentum
90.3Acceleration
90.3Confidence
87.0Annual Revenue18
Quarterly Revenue84
Annual CFO16
Balance SheetAvailable
RankingEligible
Score Breakdown
Growth11.9 / 25
Quality9.6 / 25
Capital Efficiency20.0 / 20
Balance Sheet15.0 / 15
Shareholder Economics0.0 / 10
Forward Indicators0.0 / 5
Signals
Gross margin expansionGross margin improved by 0.7221 percentage points.
Operating leverageOperating margin improved by 8.06 percentage points.
Share count reductionDiluted share count declined 2.6562%.
Strong operating leverageOperating income is growing faster than revenue while operating margin expands.
Warnings
Receivables anomaly · MEDIUMAccounts receivable growth is materially above revenue growth.
Key Metrics
Revenue Growth TTM46.49%OK
Revenue CAGR 3Y0.37%OK
Gross Margin59.46%OK
Operating Margin28.44%OK
FCF Marginn/aMISSING
FCF Growthn/aINSUFFICIENT_HISTORY
ROIC36.36%OK
Incremental Operating Margin 3Y5.72%OK
Net Debt / CFOn/aNOT_MEANINGFUL
Diluted Share Growth 1Y-2.66%OK
SBC / Revenuen/aMISSING
SBC / FCFn/aNOT_MEANINGFUL
Financial History
| Period | Revenue | Gross Profit | Operating Income | CFO | FCF | Gross Margin | Op Margin | FCF Margin | ROIC | Shares |
|---|---|---|---|---|---|---|---|---|---|---|
| 2025 FY Dec 31, 2025 | $3.19B | $1.86B | $650.05M | $674.42M | $450.41M | 58.22% | 20.38% | 14.12% | 22.99% | 159.72M |
| 2025 FY Dec 31, 2024 | $2.82B | $1.65B | $593.79M | $672.18M | $474.08M | 58.48% | 21.06% | 16.81% | 26.56% | 163.31M |
| 2025 FY Dec 31, 2023 | $2.68B | $1.54B | $501.07M | $585.23M | $425.59M | 57.42% | 18.72% | 15.9% | 25.43% | 164.3M |
| 2024 FY Dec 31, 2022 | $3.16B | $1.87B | $831.94M | $577.92M | $414.67M | 59.18% | 26.37% | 13.14% | 46.65% | 169.73M |
| 2023 FY Dec 31, 2021 | $3.70B | $2.21B | $1.20B | $1.10B | $965.89M | 59.59% | 32.43% | 26.08% | 76.79% | 183.63M |
Formula Trace
| Metric | Value | Formula | Status | Source |
|---|---|---|---|---|
| Revenue TTM | $4.03B | sum latest 4 fiscal quarters Revenue | OK | 0001193125-26-327715, 0001193125-25-258477 |
| Revenue Growth TTM | 46.49% | Revenue_TTM / Revenue_TTM_1Y_ago - 1 | OK | 0001193125-26-327715, 0001193125-25-258477 |
| Revenue CAGR 3Y | 0.37% | (Revenue_current / Revenue_3Y_ago)^(1/3) - 1 | OK | 0001193125-26-059002 |
| Revenue CAGR 5Y | 0.44% | (Revenue_current / Revenue_5Y_ago)^(1/5) - 1 | OK | 0001193125-26-059002 |
| Gross Profit CAGR 3Y | -0.18% | (GrossProfit_current / GrossProfit_3Y_ago)^(1/3) - 1 | OK | 0001193125-26-059002 |
| Operating Income Growth | 104.43% | OperatingIncome_current / OperatingIncome_prior_year - 1 | OK | 0001193125-26-327715, 0001193125-25-258477 |
| FCF Growth | n/a | FCF_current / FCF_prior_year - 1 | INSUFFICIENT_HISTORY | derived |
| Revenue Growth Acceleration | n/a | 0.5*(Q0-Q1)+0.3*(Q1-Q2)+0.2*(Q2-Q3) | INSUFFICIENT_HISTORY | derived |
| Gross Profit Acceleration | n/a | 0.5*(Q0-Q1)+0.3*(Q1-Q2)+0.2*(Q2-Q3) | INSUFFICIENT_HISTORY | derived |
| Operating Income Acceleration | n/a | 0.5*(Q0-Q1)+0.3*(Q1-Q2)+0.2*(Q2-Q3) | INSUFFICIENT_HISTORY | derived |
| FCF Acceleration | n/a | 0.5*(Q0-Q1)+0.3*(Q1-Q2)+0.2*(Q2-Q3) | INSUFFICIENT_HISTORY | derived |
| Gross Margin | 59.46% | Gross Profit / Revenue | OK | 0001193125-26-327715, 0001193125-25-258477 |
| Operating Margin | 28.44% | Operating Income / Revenue | OK | 0001193125-26-327715, 0001193125-25-258477 |
| ROIC | 36.36% | NOPAT / Average Invested Capital | OK | 0001193125-26-327715, 0001193125-25-258477 |
| Net Debt / CFO | n/a | Net Debt / CFO | NOT_MEANINGFUL | 0001193125-26-327715 |
| Interest Coverage | 139.37x | Operating Income / abs(Interest Expense) | OK | derived |
| Current Ratio | 2.12x | Current Assets / Current Liabilities | OK | derived |
| Revenue per Diluted Share | $25.57 | Revenue / Diluted Shares | OK | 0001193125-26-327715, 0001193125-25-258477 |