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) Price to free cash flow

Alert me on Price to free cash flow

As of 16 October 2026, Teradyne, Inc. (TER) trades at a price to free cash flow of 63.5×. Over the past ten years it has ranged from 8.2× (October 2015) to 133× (June 2026); the current reading is higher than 93% of that period. That is above the Semiconductor Equipment & Materials industry median of 48.2× and above the Technology sector median of 20.0×.

Price to free cash flow, daily

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Annual newest first

Period Price to free cash flow Change
FY2025 68.4× 61.83%
FY2024 42.3× 11.23%
FY2023 38.0× 16.66%
FY2022 32.6× 16.60%
FY2021 27.9× (4.09%)
FY2020 29.1× 11.28%
FY2019 26.2× 61.07%
FY2018 16.2× (3.25%)
FY2017 16.8× 20.82%
FY2016 13.9× 5.91%

Quarterly newest first

Period Price to free cash flow Change
Jun 2026 94.6× 12.91%
Mar 2026 83.8× 22.58%
Dec 2025 68.4× 43.10%
Sep 2025 47.8× 88.99%
42 more quarters

Against its own ten years

Low 8.2× High 133×
Ten-year median 23.1×
Current reading's percentile 93

Price to free cash flow against peers

Company Price to free cash flow
AMKR Amkor Technology, Inc. compare n/m
Q Qnity Electronics, Inc. compare 29.1×
ENTG Entegris, Inc. compare 36.9×
ONTO Onto Innovation Inc. compare 43.2×
NVMI Nova Ltd. compare 53.8×
AMAT Applied Materials, Inc. compare 56.5×
KLAC KLA Corporation compare 57.9×
FORM FormFactor, Inc. compare 60.0×
TER Teradyne, Inc. 63.5×
Semiconductor Equipment & Materials industry median 48.2×
Technology sector median 20.0×
Market median 14.2×

What Price to free cash flow is

Price to Free Cash Flow Ratio shows how much investors pay for each dollar of cash a company generates after its capital spending.

Stock Price ÷ ((Operating Cash Flow (TTM) + Property, Plant, Equipment Change (Net) (TTM) + Intangible Assets Change (Net) (TTM)) ÷ (Shares (Basic, Weighted) (latest quarter)))

The full definition of Price to free cash flow →

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