Teradyne
Teradyne returns on capital
Annual and trailing 12-month returns on invested capital, equity and assets.
ROIC
% · Annual / TTM
ROCE
% · Annual / TTM
ROIIC
% · Annual / TTM
ROE
% · Annual / TTM
ROA
% · Annual / TTM
ROIC − WACC
Percentage points · Scenario
Quarterly data
| Fiscal period | Ended | ROIC% | ROCE% | ROIIC% | ROE% | ROA% | ROIC − WACCPercentage points |
|---|---|---|---|---|---|---|---|
| FY 2026 Q2 | Jun 28, 2026 | — | 39.12% | — | 36.66% | 26.48% | — |
| FY 2026 Q1 | Mar 29, 2026 | — | 30.94% | — | 28.75% | 20.99% | — |
| FY 2025 Q4 | Dec 31, 2025 | — | 21.13% | — | 19.73% | 14.04% | — |
| FY 2025 Q3 | Sep 28, 2025 | — | 16.62% | — | 15.77% | 11.46% | — |
| FY 2025 Q2 | Jun 29, 2025 | — | 16.98% | — | 16.85% | 12.69% | — |
| FY 2025 Q1 | Mar 30, 2025 | — | 21.54% | — | 21.55% | 16.22% | — |
| FY 2024 Q4 | Dec 31, 2024 | — | 20.09% | — | 20.29% | 15.08% | — |
| FY 2024 Q3 | Sep 29, 2024 | — | 19.12% | — | 19.21% | 14.37% | — |
| FY 2024 Q2 | Jun 30, 2024 | — | 19.42% | — | 19.19% | 14.11% | — |
| FY 2024 Q1 | Mar 31, 2024 | — | 17.32% | — | 17.15% | 12.64% | — |
| FY 2023 Q4 | Dec 31, 2023 | — | 17.95% | — | 18.03% | 12.84% | — |
| FY 2023 Q3 | Oct 1, 2023 | — | 20.32% | — | 21.47% | 15.07% | — |
| FY 2023 Q2 | Jul 2, 2023 | — | 23.3% | — | 23.63% | 16.25% | — |
| FY 2023 Q1 | Apr 2, 2023 | — | 26.15% | — | 25.88% | 18.22% | — |
| FY 2022 Q4 | Dec 31, 2022 | — | 28.89% | — | 28.54% | 19.57% | — |
| FY 2022 Q3 | Oct 2, 2022 | — | 32.77% | — | 32.02% | 21.67% | — |
| FY 2022 Q2 | Jul 3, 2022 | — | 35.49% | — | 35.08% | 22.44% | — |
| FY 2022 Q1 | Apr 3, 2022 | — | 38.91% | — | 40.47% | 26.5% | — |
| FY 2021 Q4 | Dec 31, 2021 | — | 40.32% | — | 42.55% | 27.19% | — |
| FY 2021 Q3 | Oct 3, 2021 | — | 40.82% | — | 43.56% | 27.42% | — |
| FY 2021 Q2 | Jul 4, 2021 | — | 40.67% | — | 44.97% | 26.29% | — |
| FY 2021 Q1 | Apr 4, 2021 | — | 35.76% | — | 41.98% | 24.88% | — |
| FY 2020 Q4 | Dec 31, 2020 | — | 35.71% | — | 42.53% | 24.35% | — |
| FY 2020 Q3 | Sep 27, 2020 | — | 34.85% | — | 41.02% | 23.24% | — |
| FY 2020 Q2 | Jun 28, 2020 | — | 31.81% | — | 38.84% | 21.15% | — |
| FY 2020 Q1 | Mar 29, 2020 | — | 29.78% | — | 35.39% | 19.66% | — |
| FY 2019 Q4 | Dec 31, 2019 | — | 24.73% | — | 31.14% | 17.02% | — |
| FY 2019 Q3 | Sep 29, 2019 | — | 21.35% | — | 30.87% | 17.42% | — |
| FY 2019 Q2 | Jun 30, 2019 | — | 20.62% | — | 29.22% | 16.79% | — |
| FY 2019 Q1 | Mar 31, 2019 | — | 19.64% | — | 28.08% | 16.89% | — |
| FY 2018 Q4 | Dec 31, 2018 | — | 19.4% | — | 25.99% | 15.54% | — |
| FY 2018 Q3 | Sep 30, 2018 | — | 18.08% | — | 10.7% | 6.77% | — |
| FY 2018 Q2 | Jul 1, 2018 | — | — | — | — | — | — |
| FY 2018 Q1 | Apr 1, 2018 | — | — | — | — | — | — |
| FY 2017 Q4 | Dec 31, 2017 | — | 21.01% | — | 13.63% | 8.78% | — |
| FY 2017 Q3 | Oct 1, 2017 | — | 21.11% | — | 22.09% | 15.76% | — |
| FY 2017 Q2 | Jul 2, 2017 | — | 18.44% | — | 20.58% | 14.36% | — |
| FY 2017 Q1 | Apr 2, 2017 | — | -0.98% | — | -0.42% | -0.3% | — |
| FY 2016 Q4 | Dec 31, 2016 | — | -2.63% | — | -2.29% | -1.64% | — |
| FY 2016 Q3 | Oct 2, 2016 | — | -6.05% | — | -5.77% | -4.39% | — |
| FY 2016 Q2 | Jul 3, 2016 | — | -4.65% | — | -5.38% | -4.03% | — |
| FY 2016 Q1 | Apr 3, 2016 | — | 11.93% | — | 11.04% | 8.84% | — |
| FY 2015 Q4 | Dec 31, 2015 | — | 10.99% | — | 10.21% | 8.12% | — |
| FY 2015 Q3 | Oct 4, 2015 | — | 5.46% | — | 4.88% | 3.86% | — |
| FY 2015 Q2 | Jul 5, 2015 | — | 6.05% | — | 5.5% | 4.31% | — |
| FY 2015 Q1 | Apr 5, 2015 | — | 5.84% | — | 5.59% | 4.57% | — |
| FY 2014 Q4 | Dec 31, 2014 | 4.32% | 4.38% | — | 4% | 3.14% | -3.4 pp |
| FY 2014 Q3 | Sep 28, 2014 | — | 10.22% | — | 10.02% | 7.82% | — |
| FY 2014 Q2 | Jun 29, 2014 | — | 10.43% | — | 9.78% | 7.55% | — |
| FY 2014 Q1 | Mar 30, 2014 | — | 9.19% | — | 8.43% | 6.61% | — |
| FY 2013 Q4 | Dec 31, 2013 | 8.58% | 8.9% | -19.61% | 8.77% | 6.52% | 0.9 pp |
| FY 2013 Q3 | Sep 29, 2013 | — | 7.51% | — | 6.75% | 4.97% | — |
| FY 2013 Q2 | Jun 30, 2013 | — | 8.58% | — | 8.18% | 5.88% | — |
| FY 2013 Q1 | Mar 31, 2013 | — | 12.8% | — | 11.38% | 8.21% | — |
| FY 2012 Q4 | Dec 31, 2012 | 17.3% | 14.56% | — | 13.22% | 9.4% | 9.6 pp |
| FY 2012 Q3 | Sep 30, 2012 | — | 16.28% | — | 23.37% | 16.66% | — |
| FY 2012 Q2 | Jul 1, 2012 | — | 14.2% | — | 22.18% | 15.11% | — |
| FY 2012 Q1 | Apr 1, 2012 | — | 11.97% | — | 22.51% | 15.2% | — |
| FY 2011 Q4 | Dec 31, 2011 | — | 14.45% | — | 28.46% | 18.7% | — |
| FY 2011 Q3 | Oct 2, 2011 | 47.5% | 19.51% | — | 24.52% | 15.92% | 39.8 pp |
| FY 2011 Q2 | Jul 3, 2011 | 45.33% | 28.36% | — | 34.91% | 22.71% | 37.6 pp |
| FY 2011 Q1 | Apr 3, 2011 | — | — | — | — | — | — |
| FY 2010 Q4 | Dec 31, 2010 | — | — | — | — | — | — |
| FY 2010 Q3 | Oct 3, 2010 | — | — | — | — | — | — |
| FY 2010 Q2 | Jul 4, 2010 | — | — | — | — | — | — |
Sources and calculations
Financial inputs from company filings. Last checked Oct 18, 2026. A dash means missing inputs or an undefined calculation.
Period changes use the preceding fiscal quarter or year. Percentage changes divide by the absolute prior value; a zero or missing baseline has no percentage change. Percentage metrics show changes in percentage points.
Quarterly returns use trailing 12-month earnings and period-end balances averaged with the same fiscal quarter one year earlier. NOPAT uses the reported effective tax rate only when pretax profit is positive and the rate is between 0 and 100%. WACC starts at 7.7%, rounded from the US nonfinancial market · generic proxy benchmark in NYU Stern · January 2026. It is an editable US sector proxy applied across history, not a company estimate; foreign reporting currencies also need a currency-specific assessment.
Market prices: Yahoo Finance · TER, USD. Latest completed close Sep 25, 2026. Price data retrieved Sep 28, 2026.
- ROIC
- NOPAT / average invested capital × 100. NOPAT = operating income × (1 − effective tax rate). Invested capital = equity including noncontrolling interests + debt − cash and equivalents. Average uses period end and one year earlier.
- ROCE
- Operating income / average (assets − current liabilities) × 100, using period end and one year earlier.
- ROIIC
- Year-over-year change in annual/TTM NOPAT / positive year-over-year change in invested capital × 100. Capital reductions and missing inputs yield unavailable values.
- ROE
- Earnings attributable to owners / average equity attributable to owners × 100, using period end and one year earlier.
- ROA
- Net income / average total assets × 100, using period end and one year earlier.
- ROIC − WACC
- ROIC less your WACC assumption, in percentage points. The same scenario rate is applied across history; it is not a reported or historical company WACC.