Teradyne, Inc.

TER Technology Semiconductor Equipment & Materials

Teradyne, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $3.2 billion, up 13.1% from fiscal 2024. In the quarter to June 2026, revenue grew 103.9%, EPS grew 387.8% and free cash flow grew 187.4%, each against the same quarter a year earlier. Member of the S&P 500 and Nasdaq 100; dividend growth for ten consecutive years, operating cash flow growth for three.

324.86 18.35 −5.35%
Market cap
$53.7B
P/E
44.3×
Fwd P/E
51.2×
Dividend yield
0.16%
F-score
5/9
Altman Z
15.08
Beneish M
−2.20
Dividend safety
90/100

Teradyne, Inc. (TER) Current ratio

Alert me on Current ratio

Teradyne, Inc.'s current ratio at the end of the quarter to 30 June 2026 was 2.1×, up 0.4× from fiscal 2025 (1.7×). Over the past ten years it has ranged from 1.7× (fiscal 2025) to 5.0× (fiscal 2017) — the current reading is the lowest in ten years. That is below the Semiconductor Equipment & Materials industry median of 3.7× and above the Technology sector median of 1.8×.

Current ratio, annual

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Annual newest first

Period Current ratio Change
FY2025 1.7× (39.90%)
FY2024 2.9× (11.23%)
FY2023 3.3× 8.28%
FY2022 3.0× (5.44%)
FY2021 3.2× (7.15%)
FY2020 3.4× 11.98%
FY2019 3.1× (15.40%)
FY2018 3.6× (27.20%)
FY2017 5.0× 14.69%
FY2016 4.4× 28.93%

Quarterly newest first

Period Current ratio Change
Jun 2026 2.1× (1.03%)
Mar 2026 2.1× 22.83%
Dec 2025 1.7× (0.63%)
Sep 2025 1.8× (25.00%)
42 more quarters

Against its own ten years

Low 1.7× High 5.0×
Ten-year median 3.3×
Current reading's percentile 9

Current ratio against peers

Company Current ratio
ONTO Onto Innovation Inc. compare 9.7×
FORM FormFactor, Inc. compare 4.1×
ENTG Entegris, Inc. compare 3.0×
KLAC KLA Corporation compare 2.9×
AMAT Applied Materials, Inc. compare 2.4×
AMKR Amkor Technology, Inc. compare 2.2×
TER Teradyne, Inc. 2.1×
Q Qnity Electronics, Inc. compare 2.0×
NVMI Nova Ltd. compare 1.6×
Semiconductor Equipment & Materials industry median 3.7×
Technology sector median 1.8×
Market median 1.6×

What Current ratio is

Current Ratio shows whether a company’s short-term assets are enough to cover the bills and debts it must pay within the next year.

Current Assets (Total) ÷ Current Liabilities (Total)

The full definition of Current ratio →

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