Microchip Technology Incorporated (MCHP) vs Teradyne, Inc. (TER)
TER leads on 11 of 15 compared metrics.
A side-by-side comparison of Microchip Technology Incorporated and Teradyne, Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 15, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).
MCHP
Microchip Technology Incorporated
$95.24Technology
TER
Teradyne, Inc.
$403.20Technology
Total return — MCHP vs TER
growth of $100 · last 30yMCHP +4095.6%TER +4410.1%TER compounded faster
MCHP TER
MCHP vs TER: by the numbers
- •TER is the larger company ($63.12B vs $51.63B market cap).
- •TER trades at the lower earnings multiple (74.67 vs 359.53 P/E).
- •TER converts more revenue to profit (22.55% vs 4.29% net margin).
- •TER grew revenue faster over the past five years (3.76% vs -2.82% CAGR).
- •MCHP pays the higher dividend yield (1.91% vs 0.12%).
Which is better, MCHP or TER?
Metric tally: MCHP 4 · TER 11It depends on what you're optimizing for:
ValueTER(lower P/E)
GrowthTER(faster 5Y revenue CAGR)
IncomeMCHP(higher dividend yield)
QualityTER(higher ROIC)
Metrics side by side
Valuation
| Metric | MCHP | TER |
|---|---|---|
| P/E ratio | 359.53 | 74.67● |
| Forward P/E | — | 54.71 |
| P/S ratio | 11.07● | 16.78 |
| P/B ratio | 8.11● | 20.22 |
| PEG ratio | 519.48 | 23.29● |
| EV / EBITDA | 80.79 | 57.36● |
| FCF yield | 1.67%● | 0.87% |
Profitability
| Metric | MCHP | TER |
|---|---|---|
| Gross margin | 57.73% | 58.79% |
| Operating margin | 10.40% | 26.92%● |
| Net margin | 4.29% | 22.55%● |
| ROE | 3.14% | 27.17%● |
| ROIC | 3.11% | 18.45%● |
Dividends
| Metric | MCHP | TER |
|---|---|---|
| Dividend yield | 1.91%● | 0.12% |
| Payout ratio | 674.07% | 14.33% |
Growth (annualized)
| Metric | MCHP | TER |
|---|---|---|
| Revenue CAGR (5Y) | -2.82% | 3.76%● |
| EPS CAGR (5Y) | -16.62% | -5.86%● |
| FCF CAGR (5Y) | -13.74% | -3.97%● |
| Total return CAGR (5Y) | 6.56% | 26.28%● |
Frequently asked
- Which is better, MCHP or TER?
- It depends on your goal. value: TER (lower P/E); growth: TER (faster 5Y revenue CAGR); income: MCHP (higher dividend yield); quality: TER (higher ROIC). Across all compared metrics, TER leads 11 to 4.
- Is MCHP or TER cheaper?
- On trailing earnings, TER is cheaper: MCHP trades at a 359.53 P/E and TER at 74.67.
- Which has grown faster, MCHP or TER?
- Over the past five years, TER grew revenue faster — MCHP at a -2.82% CAGR versus TER at 3.76%.
- Does MCHP or TER pay a bigger dividend?
- MCHP yields 1.91% and TER yields 0.12% based on trailing dividends and the latest price.
- Is MCHP or TER more profitable?
- TER runs the higher net margin — MCHP at 4.29% versus TER at 22.55%.
- Which has been the better investment, MCHP or TER?
- Over the past 10-year, TER delivered the higher annualized total return — MCHP at 15.96% versus TER at 35.84%. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Microchip Technology P/E ratioTeradyne P/E ratioMicrochip Technology dividend yieldTeradyne dividend yieldMicrochip Technology ROETeradyne ROEMicrochip Technology operating marginTeradyne operating marginMicrochip Technology revenue growthTeradyne revenue growthMicrochip Technology free cash flowTeradyne free cash flow
Microchip Technology & Teradyne appear in these rankings
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 15, 2026.