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Teradyne, Inc. (TER) Operating Margin: 21.74%

Is Teradyne, Inc.’s operating margin high or low?

Teradyne, Inc.'s operating margin of 21.74% is 13% below its 5-year average of 25.01%, near the low end of its 5-year range (18.72%–32.43%).

The operating margin for Teradyne, Inc. (TER) is 21.74% as of Tuesday, June 9, 2026. It is above its 12-month average by 1.59% (21.40%).

TER Operating Margin Chart

TER Operating Margin
21.74%+3.23% 1Y
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TER Average Operating Margin Chart

TER Current vs Average Operating Margin Chart

TER Operating Margin Metrics

OPERATING MARGIN

21.74%

OPERATING MARGIN AVG TTM

21.40%

OPERATING MARGIN AVG 3Y

21.97%

OPERATING MARGIN AVG 5Y

25.01%

OPERATING MARGIN AVG 10Y

21.14%

OPERATING MARGIN AVG 15Y

19.49%

OPERATING MARGIN AVG 20Y

13.00%

CURRENT VS TTM AVG

+1.59%

CURRENT VS 3Y AVG

-1.06%

CURRENT VS 5Y AVG

-13.07%

CURRENT VS 10Y AVG

+2.83%

CURRENT VS 15Y AVG

+11.56%

CURRENT VS 20Y AVG

+67.18%

TER Competitors' Operating Margin

NAMEMARKET CAPOPERATING MARGINTTM3Y5Y
Teradyne, Inc. (TER)21.74%21.40%21.97%25.01%
Keysight Technologies, Inc. (KEYS)$56.61B17.64%17.19%20.96%20.64%
Block, Inc. (SQ)$51.73B7.06%5.38%1.48%1.62%
Hewlett Packard Enterprise Company (HPE)$63.89B4.79%6.45%6.93%6.89%
Microchip Technology Incorporated (MCHP)$49.58B10.40%8.57%21.94%22.20%
ON Semiconductor Corporation (ON)$45.85B12.47%18.71%24.13%20.38%
Block, Inc. (XYZ)$40.64B12.59%9.79%5.29%3.65%
NXP Semiconductors N.V. (NXPI)$75.09B26.98%27.04%27.60%23.10%
Monolithic Power Systems, Inc. (MPWR)$75.27B26.11%25.27%26.59%24.48%
Workday, Inc. (WDAY)$36.73B10.72%7.82%3.65%1.09%

Operating Efficiency

Gross Margin

58.5%

Operating Margin

21.7%

Teradyne, Inc. Operating Margin Formula & Definition

Operating Margin = Operating Income / Revenue

Operating margin is the percentage of revenue remaining after operating expenses, reflecting operating efficiency.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

Teradyne, Inc. Operating Margin FAQ

What is the operating margin for Teradyne, Inc. (TER)?
The operating margin for TER stock is 21.74%.
Is Teradyne, Inc.'s operating margin high or low?
Teradyne, Inc.'s operating margin of 21.74% is 13% below its 5-year average of 25.01%, near the low end of its 5-year range (18.72%–32.43%).
What is the TTM average operating margin for Teradyne, Inc. (TER)?
The TTM average operating margin for TER stock is 21.40%.
What is the 3Y average operating margin for Teradyne, Inc. (TER)?
The 3Y average operating margin for TER stock is 21.97%.
What is the 5Y average operating margin for Teradyne, Inc. (TER)?
The 5Y average operating margin for TER stock is 25.01%.
What is the 10Y average operating margin for Teradyne, Inc. (TER)?
The 10Y average operating margin for TER stock is 21.14%.
What is the 15Y average operating margin for Teradyne, Inc. (TER)?
The 15Y average operating margin for TER stock is 19.49%.
What is the 20Y average operating margin for Teradyne, Inc. (TER)?
The 20Y average operating margin for TER stock is 13.00%.

Teradyne, Inc. Operating Margin History

DATEOPERATING MARGIN
2025-12-3121.74%
2024-12-3121.06%
2023-12-3118.72%
2022-12-3126.37%
2021-12-3132.43%
2020-12-3129.74%
2019-12-3124.12%
2018-12-3122.55%
2017-12-3124.59%
2016-12-31-3.59%
2015-12-3114.82%
2014-12-315.85%
2013-12-3113.35%
2012-12-3117.35%
2011-12-3116.20%
2010-12-3126.49%
2009-12-31-14.94%
2008-12-31-34.39%
2007-12-313.83%
2006-12-3114.93%
2005-12-31-8.13%
2004-12-3111.01%
2003-12-31-13.04%
2002-12-31-45.47%
2001-12-31-24.49%
2000-12-3123.35%
1999-12-3114.41%
1998-12-318.99%
1997-12-3113.84%
1996-12-3110.48%