Stock Analysis on Net

Teradyne Inc. (NASDAQ:TER)

This company has been moved to the archive! The financial data has not been updated since May 3, 2024.

Analysis of Profitability Ratios 
Quarterly Data

Microsoft Excel

Profitability Ratios (Summary)

Teradyne Inc., profitability ratios (quarterly data)

Microsoft Excel
Mar 31, 2024 Dec 31, 2023 Oct 1, 2023 Jul 2, 2023 Apr 2, 2023 Dec 31, 2022 Oct 2, 2022 Jul 3, 2022 Apr 3, 2022 Dec 31, 2021 Oct 3, 2021 Jul 4, 2021 Apr 4, 2021 Dec 31, 2020 Sep 27, 2020 Jun 28, 2020 Mar 29, 2020 Dec 31, 2019 Sep 29, 2019 Jun 30, 2019 Mar 31, 2019
Return on Sales
Gross profit margin 57.16% 57.42% 57.63% 58.19% 58.62% 59.18% 59.66% 60.01% 59.84% 59.59% 59.53% 58.54% 57.58% 57.21% 56.98% 57.75% 58.19% 58.38%
Operating profit margin 18.28% 18.72% 19.85% 22.05% 24.49% 26.37% 27.86% 29.51% 31.38% 32.43% 32.94% 32.67% 29.85% 29.74% 28.70% 27.03% 26.64% 24.12%
Net profit margin 16.15% 16.77% 18.41% 19.55% 21.12% 22.68% 23.19% 24.49% 26.41% 27.40% 27.59% 27.65% 25.43% 25.12% 23.63% 22.52% 21.34% 20.37%
Return on Investment
Return on equity (ROE) 16.79% 17.77% 20.64% 22.97% 26.01% 29.19% 34.04% 36.56% 39.24% 39.59% 38.89% 38.22% 34.99% 35.53% 35.76% 35.88% 34.47% 31.58%
Return on assets (ROA) 12.59% 12.87% 14.95% 16.48% 18.83% 20.44% 23.11% 24.09% 26.90% 26.63% 26.23% 23.82% 21.87% 21.47% 20.74% 19.27% 18.95% 16.77%

Based on: 10-Q (reporting date: 2024-03-31), 10-K (reporting date: 2023-12-31), 10-Q (reporting date: 2023-10-01), 10-Q (reporting date: 2023-07-02), 10-Q (reporting date: 2023-04-02), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-10-02), 10-Q (reporting date: 2022-07-03), 10-Q (reporting date: 2022-04-03), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-10-03), 10-Q (reporting date: 2021-07-04), 10-Q (reporting date: 2021-04-04), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-27), 10-Q (reporting date: 2020-06-28), 10-Q (reporting date: 2020-03-29), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-29), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31).

Profitability ratio Description The company
Gross profit margin Gross profit margin indicates the percentage of revenue available to cover operating and other expenditures. Teradyne Inc. gross profit margin ratio deteriorated from Q3 2023 to Q4 2023 and from Q4 2023 to Q1 2024.
Operating profit margin A profitability ratio calculated as operating income divided by revenue. Teradyne Inc. operating profit margin ratio deteriorated from Q3 2023 to Q4 2023 and from Q4 2023 to Q1 2024.
Net profit margin An indicator of profitability, calculated as net income divided by revenue. Teradyne Inc. net profit margin ratio deteriorated from Q3 2023 to Q4 2023 and from Q4 2023 to Q1 2024.

Profitability ratio Description The company
ROE A profitability ratio calculated as net income divided by shareholders’ equity. Teradyne Inc. ROE deteriorated from Q3 2023 to Q4 2023 and from Q4 2023 to Q1 2024.
ROA A profitability ratio calculated as net income divided by total assets. Teradyne Inc. ROA deteriorated from Q3 2023 to Q4 2023 and from Q4 2023 to Q1 2024.

Gross Profit Margin

Teradyne Inc., gross profit margin calculation (quarterly data)

Microsoft Excel
Mar 31, 2024 Dec 31, 2023 Oct 1, 2023 Jul 2, 2023 Apr 2, 2023 Dec 31, 2022 Oct 2, 2022 Jul 3, 2022 Apr 3, 2022 Dec 31, 2021 Oct 3, 2021 Jul 4, 2021 Apr 4, 2021 Dec 31, 2020 Sep 27, 2020 Jun 28, 2020 Mar 29, 2020 Dec 31, 2019 Sep 29, 2019 Jun 30, 2019 Mar 31, 2019
Selected Financial Data (US$ in thousands)
Gross profit 339,282 379,545 398,291 402,492 356,420 420,450 485,379 506,389 454,933 527,048 571,001 646,989 461,618 449,790 458,928 471,473 405,550 383,238 345,038 323,918 287,635
Revenues 599,819 670,600 703,732 684,437 617,529 731,836 827,073 840,766 755,370 885,046 950,501 1,085,728 781,606 758,969 819,484 838,661 704,355 654,650 582,038 564,178 494,099
Profitability Ratio
Gross profit margin1 57.16% 57.42% 57.63% 58.19% 58.62% 59.18% 59.66% 60.01% 59.84% 59.59% 59.53% 58.54% 57.58% 57.21% 56.98% 57.75% 58.19% 58.38%
Benchmarks
Gross Profit Margin, Competitors2
Advanced Micro Devices Inc. 46.76% 46.12% 45.01% 43.70% 43.98% 44.93% 46.55% 48.01% 48.53% 48.25% 46.82% 45.71% 44.79% 44.53% 44.47% 44.36% 43.69% 42.61%
Analog Devices Inc. 62.47% 64.01% 65.23% 65.69% 65.62% 62.70% 58.63% 58.33% 57.81% 61.83% 68.04% 67.36% 66.37% 65.87% 65.39% 65.56% 66.43% 67.00% 67.79% 67.95% 68.09%
Applied Materials Inc. 46.98% 46.70% 46.40% 46.35% 46.39% 46.51% 47.05% 47.51% 47.67% 47.32% 46.69% 45.83% 44.96% 44.72% 44.23% 44.04% 43.81% 43.72% 43.93% 44.39% 45.01%
Broadcom Inc. 67.06% 68.93% 68.28% 67.71% 66.98% 66.55% 65.68% 64.42% 62.95% 61.36% 60.18% 58.98% 57.54% 56.58% 55.70% 55.21% 55.32% 55.24% 55.09% 54.33% 53.09%
First Solar Inc. 43.05% 39.19% 27.17% 16.86% 6.09% 2.67% 10.13% 14.50% 22.38% 24.97% 24.50% 27.34% 25.99% 25.10% 24.40% 22.42% 20.87% 17.93%
Intel Corp. 41.49% 40.04% 38.14% 38.27% 38.34% 42.61% 46.56% 49.85% 54.32% 55.45% 56.27% 55.59% 54.62% 56.01% 56.52% 57.88% 59.51% 58.56%
KLA Corp. 59.44% 59.81% 60.16% 60.69% 61.23% 61.00% 60.86% 60.77% 60.27% 59.93% 59.38% 58.80% 58.43% 57.81% 56.81% 56.09% 57.21% 59.08%
Lam Research Corp. 44.80% 44.62% 44.65% 45.31% 45.74% 45.69% 45.93% 46.30% 46.19% 46.53% 46.49% 46.59% 46.43% 45.88% 45.86% 45.20% 45.13% 45.15%
Micron Technology Inc. -14.49% -9.11% 9.03% 27.51% 41.34% 45.18% 46.89% 45.81% 41.37% 37.62% 33.66% 30.70% 31.37% 30.57% 29.03% 30.33% 36.11% 45.72%
NVIDIA Corp. 56.31% 56.93% 57.84% 60.45% 65.26% 64.93% 64.40% 63.76% 62.43% 62.34% 62.62% 62.84% 63.47% 61.99% 59.49% 58.57% 59.64% 61.21%
Qualcomm Inc. 55.54% 55.70% 56.31% 56.46% 57.22% 57.84% 57.99% 58.51% 58.16% 57.51% 59.82% 59.99% 60.17% 60.67% 56.96% 65.07% 65.22% 64.57%
Texas Instruments Inc. 61.01% 62.90% 64.46% 66.29% 67.64% 68.76% 69.51% 69.26% 68.68% 67.47% 66.36% 65.46% 64.70% 64.10% 63.49% 63.65% 63.68% 63.71%

Based on: 10-Q (reporting date: 2024-03-31), 10-K (reporting date: 2023-12-31), 10-Q (reporting date: 2023-10-01), 10-Q (reporting date: 2023-07-02), 10-Q (reporting date: 2023-04-02), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-10-02), 10-Q (reporting date: 2022-07-03), 10-Q (reporting date: 2022-04-03), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-10-03), 10-Q (reporting date: 2021-07-04), 10-Q (reporting date: 2021-04-04), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-27), 10-Q (reporting date: 2020-06-28), 10-Q (reporting date: 2020-03-29), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-29), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31).

1 Q1 2024 Calculation
Gross profit margin = 100 × (Gross profitQ1 2024 + Gross profitQ4 2023 + Gross profitQ3 2023 + Gross profitQ2 2023) ÷ (RevenuesQ1 2024 + RevenuesQ4 2023 + RevenuesQ3 2023 + RevenuesQ2 2023)
= 100 × (339,282 + 379,545 + 398,291 + 402,492) ÷ (599,819 + 670,600 + 703,732 + 684,437) = 57.16%

2 Click competitor name to see calculations.

Profitability ratio Description The company
Gross profit margin Gross profit margin indicates the percentage of revenue available to cover operating and other expenditures. Teradyne Inc. gross profit margin ratio deteriorated from Q3 2023 to Q4 2023 and from Q4 2023 to Q1 2024.

Operating Profit Margin

Teradyne Inc., operating profit margin calculation (quarterly data)

Microsoft Excel
Mar 31, 2024 Dec 31, 2023 Oct 1, 2023 Jul 2, 2023 Apr 2, 2023 Dec 31, 2022 Oct 2, 2022 Jul 3, 2022 Apr 3, 2022 Dec 31, 2021 Oct 3, 2021 Jul 4, 2021 Apr 4, 2021 Dec 31, 2020 Sep 27, 2020 Jun 28, 2020 Mar 29, 2020 Dec 31, 2019 Sep 29, 2019 Jun 30, 2019 Mar 31, 2019
Selected Financial Data (US$ in thousands)
Income from operations 77,771 124,324 143,972 139,908 92,864 166,587 231,507 247,990 185,855 256,435 322,400 388,872 233,013 234,079 269,661 217,949 206,718 171,654 154,921 133,994 93,085
Revenues 599,819 670,600 703,732 684,437 617,529 731,836 827,073 840,766 755,370 885,046 950,501 1,085,728 781,606 758,969 819,484 838,661 704,355 654,650 582,038 564,178 494,099
Profitability Ratio
Operating profit margin1 18.28% 18.72% 19.85% 22.05% 24.49% 26.37% 27.86% 29.51% 31.38% 32.43% 32.94% 32.67% 29.85% 29.74% 28.70% 27.03% 26.64% 24.12%
Benchmarks
Operating Profit Margin, Competitors2
Advanced Micro Devices Inc. 2.55% 1.77% -0.41% -1.73% 0.73% 5.36% 11.48% 16.83% 20.86% 22.20% 20.27% 18.83% 16.23% 14.02% 13.27% 11.56% 10.63% 9.37%
Analog Devices Inc. 28.34% 31.07% 33.43% 33.06% 32.15% 27.29% 20.49% 20.42% 18.87% 23.12% 31.59% 30.06% 28.83% 26.74% 24.91% 25.30% 26.56% 28.55% 30.69% 31.07% 31.05%
Applied Materials Inc. 28.89% 28.86% 28.92% 29.28% 29.64% 30.20% 31.03% 31.80% 31.37% 29.87% 28.47% 26.49% 25.30% 25.37% 24.26% 23.58% 23.20% 22.93% 23.55% 25.09% 26.83%
Broadcom Inc. 36.50% 45.25% 45.00% 45.19% 44.23% 42.84% 40.47% 37.37% 34.35% 31.03% 28.16% 24.83% 20.81% 16.80% 15.27% 14.85% 15.90% 15.24% 18.15% 20.70% 22.28%
First Solar Inc. 30.37% 25.83% 13.08% 2.42% 1.73% -1.04% 7.60% 12.55% 11.12% 20.07% 17.95% 21.14% 19.05% 11.71% 4.05% -0.77% -2.73% -5.28%
Intel Corp. 0.89% 0.17% -6.86% -7.01% -6.16% 3.70% 12.16% 18.88% 25.87% 24.62% 25.93% 26.00% 26.17% 30.41% 31.49% 32.90% 32.88% 30.62%
KLA Corp. 37.20% 38.06% 39.00% 39.86% 40.05% 39.67% 39.30% 38.90% 37.26% 35.97% 34.43% 28.42% 27.28% 25.87% 23.51% 26.24% 27.73% 30.41%
Lam Research Corp. 28.42% 29.69% 30.76% 31.76% 31.71% 31.24% 31.18% 31.60% 31.06% 30.64% 29.55% 28.68% 28.02% 26.62% 26.37% 25.20% 25.40% 25.53%
Micron Technology Inc. -41.18% -36.97% -15.14% 8.73% 25.27% 31.54% 34.38% 31.86% 27.17% 22.68% 17.60% 15.21% 15.19% 14.01% 12.33% 13.36% 20.04% 31.51%
NVIDIA Corp. 17.37% 15.66% 20.79% 26.93% 33.69% 37.31% 35.34% 33.36% 28.62% 27.18% 27.17% 27.13% 29.41% 26.07% 21.46% 22.40% 26.72% 32.47%
Qualcomm Inc. 22.74% 21.74% 26.03% 30.91% 33.66% 35.88% 35.82% 32.65% 30.88% 29.16% 31.74% 30.35% 29.04% 26.58% 17.52% 32.49% 32.59% 31.59%
Texas Instruments Inc. 39.78% 41.85% 44.03% 46.54% 48.77% 50.63% 51.84% 51.52% 50.55% 48.84% 47.02% 45.19% 42.73% 40.76% 38.81% 38.79% 39.58% 39.79%

Based on: 10-Q (reporting date: 2024-03-31), 10-K (reporting date: 2023-12-31), 10-Q (reporting date: 2023-10-01), 10-Q (reporting date: 2023-07-02), 10-Q (reporting date: 2023-04-02), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-10-02), 10-Q (reporting date: 2022-07-03), 10-Q (reporting date: 2022-04-03), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-10-03), 10-Q (reporting date: 2021-07-04), 10-Q (reporting date: 2021-04-04), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-27), 10-Q (reporting date: 2020-06-28), 10-Q (reporting date: 2020-03-29), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-29), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31).

1 Q1 2024 Calculation
Operating profit margin = 100 × (Income from operationsQ1 2024 + Income from operationsQ4 2023 + Income from operationsQ3 2023 + Income from operationsQ2 2023) ÷ (RevenuesQ1 2024 + RevenuesQ4 2023 + RevenuesQ3 2023 + RevenuesQ2 2023)
= 100 × (77,771 + 124,324 + 143,972 + 139,908) ÷ (599,819 + 670,600 + 703,732 + 684,437) = 18.28%

2 Click competitor name to see calculations.

Profitability ratio Description The company
Operating profit margin A profitability ratio calculated as operating income divided by revenue. Teradyne Inc. operating profit margin ratio deteriorated from Q3 2023 to Q4 2023 and from Q4 2023 to Q1 2024.

Net Profit Margin

Teradyne Inc., net profit margin calculation (quarterly data)

Microsoft Excel
Mar 31, 2024 Dec 31, 2023 Oct 1, 2023 Jul 2, 2023 Apr 2, 2023 Dec 31, 2022 Oct 2, 2022 Jul 3, 2022 Apr 3, 2022 Dec 31, 2021 Oct 3, 2021 Jul 4, 2021 Apr 4, 2021 Dec 31, 2020 Sep 27, 2020 Jun 28, 2020 Mar 29, 2020 Dec 31, 2019 Sep 29, 2019 Jun 30, 2019 Mar 31, 2019
Selected Financial Data (US$ in thousands)
Net income 64,197 117,055 128,116 120,050 83,531 172,301 183,485 197,787 161,928 224,040 256,718 328,319 205,512 196,330 222,718 188,908 176,191 125,073 135,860 97,397 109,138
Revenues 599,819 670,600 703,732 684,437 617,529 731,836 827,073 840,766 755,370 885,046 950,501 1,085,728 781,606 758,969 819,484 838,661 704,355 654,650 582,038 564,178 494,099
Profitability Ratio
Net profit margin1 16.15% 16.77% 18.41% 19.55% 21.12% 22.68% 23.19% 24.49% 26.41% 27.40% 27.59% 27.65% 25.43% 25.12% 23.63% 22.52% 21.34% 20.37%
Benchmarks
Net Profit Margin, Competitors2
Advanced Micro Devices Inc. 4.89% 3.77% 0.94% -0.11% 1.71% 5.59% 9.96% 14.51% 17.98% 19.24% 26.72% 25.76% 25.24% 25.50% 10.17% 7.96% 6.72% 5.07%
Analog Devices Inc. 24.34% 26.94% 29.23% 28.16% 27.27% 22.88% 17.00% 16.84% 15.18% 19.00% 26.15% 25.16% 23.99% 21.79% 20.14% 20.05% 21.06% 22.75% 24.71% 25.18% 25.42%
Applied Materials Inc. 27.03% 25.86% 24.27% 24.36% 24.57% 25.31% 26.42% 27.20% 27.10% 25.53% 24.54% 22.35% 21.19% 21.04% 19.58% 18.89% 18.83% 18.52% 19.40% 22.10% 23.50%
Broadcom Inc. 29.93% 39.31% 39.25% 39.06% 37.19% 34.62% 31.96% 29.76% 27.47% 24.54% 22.90% 19.11% 16.01% 12.39% 10.70% 10.97% 11.64% 12.05% 13.44% 15.92% 30.50%
First Solar Inc. 28.75% 25.03% 14.99% 5.23% 1.49% -1.69% 3.75% 7.63% 8.68% 16.03% 17.26% 18.96% 17.34% 14.69% 6.38% 3.17% 1.42% -3.75%
Intel Corp. 7.36% 3.11% -3.11% -1.71% -5.06% 12.71% 19.13% 26.03% 31.68% 25.14% 26.89% 23.91% 23.93% 26.84% 28.10% 29.97% 30.02% 29.25%
KLA Corp. 30.51% 32.27% 33.01% 33.77% 33.28% 36.06% 36.41% 36.57% 36.52% 30.04% 28.77% 22.52% 21.76% 20.96% 18.26% 21.55% 23.04% 25.73%
Lam Research Corp. 25.08% 25.88% 26.08% 26.91% 26.96% 26.73% 27.13% 27.78% 27.07% 26.72% 26.07% 24.85% 23.60% 22.42% 21.81% 21.67% 22.38% 22.70%
Micron Technology Inc. -42.47% -37.54% -16.02% 6.99% 22.78% 28.24% 30.61% 28.95% 24.86% 21.16% 16.20% 13.60% 13.59% 12.54% 11.16% 11.72% 17.01% 26.97%
NVIDIA Corp. 18.52% 16.19% 20.85% 26.03% 32.02% 36.23% 33.81% 32.33% 27.66% 25.98% 25.89% 25.94% 28.18% 25.61% 24.07% 26.92% 30.67% 35.34%
Qualcomm Inc. 21.39% 20.19% 22.33% 25.67% 27.40% 29.27% 30.52% 28.42% 27.71% 26.94% 28.25% 27.28% 25.21% 22.09% 13.72% 16.36% 17.31% 18.07%
Texas Instruments Inc. 35.16% 37.16% 39.21% 40.84% 42.33% 43.68% 44.21% 43.78% 43.34% 42.35% 41.61% 40.12% 40.04% 38.69% 36.24% 36.88% 35.23% 34.88%

Based on: 10-Q (reporting date: 2024-03-31), 10-K (reporting date: 2023-12-31), 10-Q (reporting date: 2023-10-01), 10-Q (reporting date: 2023-07-02), 10-Q (reporting date: 2023-04-02), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-10-02), 10-Q (reporting date: 2022-07-03), 10-Q (reporting date: 2022-04-03), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-10-03), 10-Q (reporting date: 2021-07-04), 10-Q (reporting date: 2021-04-04), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-27), 10-Q (reporting date: 2020-06-28), 10-Q (reporting date: 2020-03-29), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-29), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31).

1 Q1 2024 Calculation
Net profit margin = 100 × (Net incomeQ1 2024 + Net incomeQ4 2023 + Net incomeQ3 2023 + Net incomeQ2 2023) ÷ (RevenuesQ1 2024 + RevenuesQ4 2023 + RevenuesQ3 2023 + RevenuesQ2 2023)
= 100 × (64,197 + 117,055 + 128,116 + 120,050) ÷ (599,819 + 670,600 + 703,732 + 684,437) = 16.15%

2 Click competitor name to see calculations.

Profitability ratio Description The company
Net profit margin An indicator of profitability, calculated as net income divided by revenue. Teradyne Inc. net profit margin ratio deteriorated from Q3 2023 to Q4 2023 and from Q4 2023 to Q1 2024.

Return on Equity (ROE)

Teradyne Inc., ROE calculation (quarterly data)

Microsoft Excel
Mar 31, 2024 Dec 31, 2023 Oct 1, 2023 Jul 2, 2023 Apr 2, 2023 Dec 31, 2022 Oct 2, 2022 Jul 3, 2022 Apr 3, 2022 Dec 31, 2021 Oct 3, 2021 Jul 4, 2021 Apr 4, 2021 Dec 31, 2020 Sep 27, 2020 Jun 28, 2020 Mar 29, 2020 Dec 31, 2019 Sep 29, 2019 Jun 30, 2019 Mar 31, 2019
Selected Financial Data (US$ in thousands)
Net income 64,197 117,055 128,116 120,050 83,531 172,301 183,485 197,787 161,928 224,040 256,718 328,319 205,512 196,330 222,718 188,908 176,191 125,073 135,860 97,397 109,138
Shareholders’ equity 2,557,829 2,525,897 2,441,300 2,434,883 2,449,462 2,451,294 2,254,125 2,298,596 2,474,532 2,562,444 2,537,493 2,493,256 2,324,553 2,207,018 1,993,544 1,744,551 1,550,673 1,480,158 1,482,635 1,479,412 1,470,228
Profitability Ratio
ROE1 16.79% 17.77% 20.64% 22.97% 26.01% 29.19% 34.04% 36.56% 39.24% 39.59% 38.89% 38.22% 34.99% 35.53% 35.76% 35.88% 34.47% 31.58%
Benchmarks
ROE, Competitors2
Advanced Micro Devices Inc. 1.99% 1.53% 0.38% -0.05% 0.72% 2.41% 4.17% 5.67% 6.13% 42.18% 55.62% 48.63% 44.51% 42.66% 22.73% 18.43% 16.04% 12.06%
Analog Devices Inc. 7.92% 9.32% 10.45% 10.06% 9.39% 7.54% 5.15% 4.43% 3.43% 3.66% 13.87% 12.83% 11.63% 10.17% 9.44% 9.59% 10.37% 11.64% 12.88% 13.37% 13.66%
Applied Materials Inc. 41.07% 41.94% 42.69% 45.93% 48.06% 53.51% 55.06% 58.35% 55.09% 48.08% 44.00% 36.95% 33.62% 34.21% 33.30% 32.31% 32.64% 32.94% 35.53% 42.51% 48.11%
Broadcom Inc. 16.55% 58.70% 63.03% 62.20% 54.90% 50.62% 48.50% 42.58% 34.09% 26.99% 24.94% 20.40% 16.49% 12.40% 10.54% 10.48% 10.83% 10.92% 13.91% 15.66% 27.99%
First Solar Inc. 14.85% 12.42% 7.52% 2.59% 0.71% -0.76% 1.63% 3.21% 3.67% 7.86% 7.77% 9.73% 9.08% 7.22% 4.14% 1.89% 0.84% -2.26%
Intel Corp. 3.84% 1.60% -1.61% -0.91% -2.91% 7.90% 13.32% 18.88% 23.87% 20.83% 23.42% 21.78% 23.30% 25.79% 29.44% 28.85% 29.78% 27.16%
KLA Corp. 103.76% 116.01% 130.76% 136.01% 156.01% 237.04% 77.19% 73.76% 70.61% 61.53% 59.60% 46.59% 46.99% 45.65% 44.35% 42.61% 42.32% 44.21%
Lam Research Corp. 49.36% 54.94% 58.49% 61.71% 65.45% 73.35% 75.35% 70.88% 73.28% 64.85% 64.42% 53.86% 48.15% 43.53% 46.21% 47.26% 43.02% 46.89%
Micron Technology Inc. -16.02% -13.22% -6.41% 3.41% 12.55% 17.41% 20.12% 18.86% 16.04% 13.34% 9.77% 7.86% 7.51% 6.89% 5.98% 6.20% 9.62% 17.59%
NVIDIA Corp. 19.55% 19.76% 27.90% 32.45% 35.93% 36.65% 34.49% 33.48% 28.37% 25.64% 24.95% 24.36% 25.34% 22.91% 21.50% 26.53% 33.91% 44.33%
Qualcomm Inc. 33.67% 33.51% 41.68% 53.52% 62.58% 71.81% 80.15% 83.73% 88.12% 90.88% 112.56% 108.05% 91.17% 85.54% 83.00% 132.94% 94.02% 89.35%
Texas Instruments Inc. 34.78% 38.53% 42.70% 48.22% 54.16% 60.02% 61.52% 60.86% 58.62% 58.27% 60.23% 60.30% 60.73% 60.90% 59.78% 66.05% 64.31% 56.33%

Based on: 10-Q (reporting date: 2024-03-31), 10-K (reporting date: 2023-12-31), 10-Q (reporting date: 2023-10-01), 10-Q (reporting date: 2023-07-02), 10-Q (reporting date: 2023-04-02), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-10-02), 10-Q (reporting date: 2022-07-03), 10-Q (reporting date: 2022-04-03), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-10-03), 10-Q (reporting date: 2021-07-04), 10-Q (reporting date: 2021-04-04), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-27), 10-Q (reporting date: 2020-06-28), 10-Q (reporting date: 2020-03-29), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-29), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31).

1 Q1 2024 Calculation
ROE = 100 × (Net incomeQ1 2024 + Net incomeQ4 2023 + Net incomeQ3 2023 + Net incomeQ2 2023) ÷ Shareholders’ equity
= 100 × (64,197 + 117,055 + 128,116 + 120,050) ÷ 2,557,829 = 16.79%

2 Click competitor name to see calculations.

Profitability ratio Description The company
ROE A profitability ratio calculated as net income divided by shareholders’ equity. Teradyne Inc. ROE deteriorated from Q3 2023 to Q4 2023 and from Q4 2023 to Q1 2024.

Return on Assets (ROA)

Teradyne Inc., ROA calculation (quarterly data)

Microsoft Excel
Mar 31, 2024 Dec 31, 2023 Oct 1, 2023 Jul 2, 2023 Apr 2, 2023 Dec 31, 2022 Oct 2, 2022 Jul 3, 2022 Apr 3, 2022 Dec 31, 2021 Oct 3, 2021 Jul 4, 2021 Apr 4, 2021 Dec 31, 2020 Sep 27, 2020 Jun 28, 2020 Mar 29, 2020 Dec 31, 2019 Sep 29, 2019 Jun 30, 2019 Mar 31, 2019
Selected Financial Data (US$ in thousands)
Net income 64,197 117,055 128,116 120,050 83,531 172,301 183,485 197,787 161,928 224,040 256,718 328,319 205,512 196,330 222,718 188,908 176,191 125,073 135,860 97,397 109,138
Total assets 3,410,720 3,486,824 3,370,655 3,394,896 3,383,407 3,501,252 3,319,906 3,488,426 3,609,154 3,809,425 3,762,182 4,000,922 3,719,717 3,652,346 3,436,512 3,249,189 2,820,388 2,787,014 2,698,791 2,671,514 2,616,643
Profitability Ratio
ROA1 12.59% 12.87% 14.95% 16.48% 18.83% 20.44% 23.11% 24.09% 26.90% 26.63% 26.23% 23.82% 21.87% 21.47% 20.74% 19.27% 18.95% 16.77%
Benchmarks
ROA, Competitors2
Advanced Micro Devices Inc. 1.64% 1.26% 0.31% -0.04% 0.58% 1.95% 3.35% 4.64% 5.07% 25.46% 35.59% 32.14% 28.70% 27.78% 12.52% 9.25% 8.30% 5.66%
Analog Devices Inc. 5.82% 6.79% 7.60% 7.32% 6.83% 5.46% 3.75% 3.23% 2.50% 2.66% 7.86% 7.23% 6.56% 5.69% 5.15% 5.21% 5.67% 6.37% 7.04% 7.21% 7.25%
Applied Materials Inc. 22.69% 22.31% 21.19% 22.31% 23.07% 24.41% 25.40% 26.54% 25.76% 22.80% 21.68% 18.40% 16.55% 16.19% 15.05% 13.37% 14.30% 14.22% 15.34% 18.57% 20.87%
Broadcom Inc. 6.54% 19.33% 19.44% 19.10% 17.54% 15.69% 14.20% 12.45% 10.69% 8.91% 8.00% 6.47% 5.14% 3.90% 3.13% 3.08% 3.26% 4.04% 4.29% 4.90% 9.01%
First Solar Inc. 9.52% 8.02% 4.95% 1.74% 0.49% -0.54% 1.26% 2.55% 2.92% 6.32% 6.23% 7.77% 7.28% 5.60% 3.20% 1.40% 0.62% -1.53%
Intel Corp. 2.11% 0.88% -0.87% -0.50% -1.54% 4.40% 7.61% 11.21% 13.96% 11.80% 12.56% 12.00% 12.35% 13.65% 15.11% 15.51% 15.39% 15.42%
KLA Corp. 21.95% 24.07% 25.64% 25.79% 24.99% 26.37% 26.21% 25.57% 24.46% 20.23% 18.68% 13.93% 13.85% 13.11% 11.57% 12.30% 12.20% 13.05%
Lam Research Corp. 21.43% 24.02% 25.55% 26.68% 25.91% 26.78% 27.37% 27.51% 27.40% 24.59% 22.64% 19.28% 17.33% 15.47% 16.21% 17.37% 17.21% 18.26%
Micron Technology Inc. -10.78% -9.08% -4.43% 2.42% 9.11% 13.11% 15.18% 14.17% 12.02% 9.96% 7.38% 5.91% 5.59% 5.01% 4.35% 4.63% 7.07% 12.91%
NVIDIA Corp. 10.78% 10.61% 14.71% 17.80% 20.92% 22.07% 20.20% 18.32% 17.30% 15.05% 14.23% 13.46% 14.27% 16.15% 15.25% 18.56% 23.47% 31.15%
Qualcomm Inc. 14.89% 14.17% 17.58% 21.80% 23.54% 26.39% 27.35% 25.19% 23.32% 21.93% 23.74% 21.58% 17.95% 14.60% 8.49% 12.67% 12.81% 13.31%
Texas Instruments Inc. 16.93% 20.12% 22.44% 24.85% 28.25% 32.16% 34.25% 34.69% 32.51% 31.48% 31.45% 32.64% 31.44% 28.91% 27.34% 28.94% 28.78% 27.84%

Based on: 10-Q (reporting date: 2024-03-31), 10-K (reporting date: 2023-12-31), 10-Q (reporting date: 2023-10-01), 10-Q (reporting date: 2023-07-02), 10-Q (reporting date: 2023-04-02), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-10-02), 10-Q (reporting date: 2022-07-03), 10-Q (reporting date: 2022-04-03), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-10-03), 10-Q (reporting date: 2021-07-04), 10-Q (reporting date: 2021-04-04), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-27), 10-Q (reporting date: 2020-06-28), 10-Q (reporting date: 2020-03-29), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-29), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31).

1 Q1 2024 Calculation
ROA = 100 × (Net incomeQ1 2024 + Net incomeQ4 2023 + Net incomeQ3 2023 + Net incomeQ2 2023) ÷ Total assets
= 100 × (64,197 + 117,055 + 128,116 + 120,050) ÷ 3,410,720 = 12.59%

2 Click competitor name to see calculations.

Profitability ratio Description The company
ROA A profitability ratio calculated as net income divided by total assets. Teradyne Inc. ROA deteriorated from Q3 2023 to Q4 2023 and from Q4 2023 to Q1 2024.