Is LITE or TER cheaper?

On trailing earnings, TER is cheaper: LITE trades at a 153.22 P/E and TER at 77.80.

Which has grown faster, LITE or TER?

Over the past five years, LITE grew revenue faster — LITE at a 7.50% CAGR versus TER at 3.76%.

Does LITE or TER pay a bigger dividend?

TER pays a dividend (0.12% yield) while LITE does not currently pay one.

Is LITE or TER more profitable?

TER runs the higher net margin — LITE at 17.68% versus TER at 22.55%.

Which has been the better investment, LITE or TER?

Over the past 10-year, LITE delivered the higher annualized total return — LITE at 41.80% versus TER at 36.17%. Past performance doesn't predict future results.

Lumentum Holdings Inc. (LITE) vs Teradyne, Inc. (TER)

TER leads on 13 of 15 compared metrics.

A side-by-side comparison of Lumentum Holdings Inc. and Teradyne, Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 24, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

LITE

Lumentum Holdings Inc.

Total return — LITE vs TER

growth of $100 · last 11y

LITE +4770.1%TER +2132.3%LITE compounded faster

LITE TER

LITE vs TER: by the numbers

•TER is the larger company ($65.77B vs $64.41B market cap).
•TER trades at the lower earnings multiple (77.80 vs 153.22 P/E).
•TER converts more revenue to profit (22.55% vs 17.68% net margin).
•LITE grew revenue faster over the past five years (7.50% vs 3.76% CAGR).
•TER pays a dividend (0.12% yield) while LITE does not currently pay one.

Which is better, LITE or TER?

Metric tally: LITE 2 · TER 13

It depends on what you're optimizing for:

ValueTER(lower P/E)

GrowthLITE(faster 5Y revenue CAGR)

QualityTER(higher ROIC)

Metrics side by side

Valuation

Metric	LITE	TER
P/E ratio	153.22	77.80●
Forward P/E	100.96	57.01●
P/S ratio	32.01	17.49●
P/B ratio	26.79	21.07●
PEG ratio	—	23.64
EV / EBITDA	145.49	59.78●
FCF yield	0.34%	0.84%●

Profitability

Metric	LITE	TER
Gross margin	37.71%	58.79%●
Operating margin	9.53%	26.92%●
Net margin	17.68%	22.55%●
ROE	14.79%	27.17%●
ROIC	0.70%	18.45%●

Dividends

Metric	LITE	TER
Dividend yield	—	0.12%
Payout ratio	—	14.33%

Growth (annualized)

Metric	LITE	TER
Revenue CAGR (5Y)	7.50%●	3.76%
EPS CAGR (5Y)	-26.64%	-5.86%●
FCF CAGR (5Y)	-7.72%	-3.97%●
Total return CAGR (5Y)	59.21%●	27.49%

Frequently asked

Which is better, LITE or TER?: It depends on your goal. value: TER (lower P/E); growth: LITE (faster 5Y revenue CAGR); quality: TER (higher ROIC). Across all compared metrics, TER leads 13 to 2.
Is LITE or TER cheaper?: On trailing earnings, TER is cheaper: LITE trades at a 153.22 P/E and TER at 77.80.
Which has grown faster, LITE or TER?: Over the past five years, LITE grew revenue faster — LITE at a 7.50% CAGR versus TER at 3.76%.
Does LITE or TER pay a bigger dividend?: TER pays a dividend (0.12% yield) while LITE does not currently pay one.
Is LITE or TER more profitable?: TER runs the higher net margin — LITE at 17.68% versus TER at 22.55%.
Which has been the better investment, LITE or TER?: Over the past 10-year, LITE delivered the higher annualized total return — LITE at 41.80% versus TER at 36.17%. Past performance doesn't predict future results.

Go deeper

Full LITE analysis Full TER analysis Interactive comparison tool

Dig into the metrics

Lumentum P/E ratio Teradyne P/E ratio Lumentum dividend yield Teradyne dividend yield Lumentum ROE Teradyne ROE Lumentum operating margin Teradyne operating margin Lumentum revenue growth Teradyne revenue growth Lumentum free cash flow Teradyne free cash flow

Lumentum & Teradyne appear in these rankings

Highest ROE Stocks Highest ROIC Stocks Best 10-Year Total Return Stocks

Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified June 24, 2026.