Teradyne, Inc. TER

398.38 10.68 2.75% as of 25 Sep
Market cap
$62.4B
P/E
54.3×
Indexes indicate stock being part of an index,
Growth Flags show if company had growth for consecutive years

Teradyne, Inc. (TER) Operating margin

Teradyne, Inc.'s operating margin over the twelve months to 30 June 2026 was 30.2%, up 9.8 percentage points from fiscal 2025 (20.4%). Over the past ten years it has ranged from −3.59% (fiscal 2016) to 32.4% (fiscal 2021); the current reading is higher than 36% of that period. That is above the Semiconductor Equipment & Materials industry median of 10.3% and above the Technology sector median of 0.08%.

Operating margin, annual

Annual

Period Operating margin Change (points)
FY2025 20.4% (0.68)
FY2024 21.1% 2.34
FY2023 18.7% (7.65)
FY2022 26.4% (6.06)
FY2021 32.4% 2.69
FY2020 29.7% 5.62
FY2019 24.1% 1.57
FY2018 22.6% (2.04)
FY2017 24.6% 28.18
FY2016 −3.59% (18.41)

Quarterly

Period Operating margin Change (points)
Jun 2026 32.9% (3.94)
Mar 2026 36.9% 9.82
Dec 2025 27.1% 8.17
Sep 2025 18.9% 4.97
42 more quarters

Against its own ten years

Low −3.59% High 32.4%
Ten-year median 22.6%
Current reading's percentile 36

Operating margin against peers

Company Operating margin
KLAC KLA Corporation compare 41.7%
TER Teradyne, Inc. 30.2%
AMAT Applied Materials, Inc. compare 29.6%
NVMI Nova Ltd. compare 29.0%
Q Qnity Electronics, Inc. compare 19.9%
ENTG Entegris, Inc. compare 16.1%
FORM FormFactor, Inc. compare 12.9%
ONTO Onto Innovation Inc. compare 12.0%
AMKR Amkor Technology, Inc. compare 8.64%
Semiconductor Equipment & Materials industry median 10.3%
Technology sector median 0.08%
Market median 0.00%

What Operating margin is

EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.

EBIT ÷ Revenue

The full definition of Operating margin →

More on TER