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) EV/EBITDA

Alert me on EV/EBITDA

As of 16 October 2026, Teradyne, Inc. (TER) trades at a EV/EBITDA of 34.2×. Over the past ten years it has ranged from 7.3× (June 2016) to 70.0× (February 2026); the current reading is higher than 90% of that period. That is in line with the Semiconductor Equipment & Materials industry median of 33.1× and above the Technology sector median of 15.3×.

EV/EBITDA, daily

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Annual newest first

Period EV/EBITDA Change
FY2025 39.5× 44.47%
FY2024 27.3× 8.48%
FY2023 25.2× 85.28%
FY2022 13.6× (29.87%)
FY2021 19.4× 8.32%
FY2020 17.9× 8.52%
FY2019 16.5× 87.95%
FY2018 8.8× (24.25%)
FY2017 11.6× (16.23%)
FY2016 13.8× 46.21%

Quarterly newest first

Period EV/EBITDA Change
Jun 2026 51.0× 24.60%
Mar 2026 40.9× 3.68%
Dec 2025 39.5× 14.91%
Sep 2025 34.4× 56.18%
42 more quarters

Against its own ten years

Low 7.3× High 70.0×
Ten-year median 15.4×
Current reading's percentile 90

EV/EBITDA against peers

Company EV/EBITDA
AMKR Amkor Technology, Inc. compare 7.8×
Q Qnity Electronics, Inc. compare 19.2×
ENTG Entegris, Inc. compare 27.0×
AMAT Applied Materials, Inc. compare 33.3×
TER Teradyne, Inc. 34.2×
KLAC KLA Corporation compare 36.2×
NVMI Nova Ltd. compare 36.3×
ONTO Onto Innovation Inc. compare 48.6×
FORM FormFactor, Inc. compare 51.9×
Semiconductor Equipment & Materials industry median 33.1×
Technology sector median 15.3×
Market median 11.0×

What EV/EBITDA is

Enterprise Value over EBITDA tells an investor how the market values a whole company, with debt added and cash taken off, against its operating earnings.

((Stock Price × Shares (Basic, Weighted) (latest quarter)) + (Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter)) − Cash & Short Term Investments (latest quarter)) ÷ EBITDA (TTM)

The full definition of EV/EBITDA →

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