Teradyne price to free cash flow TER

Market value divided by free cash flow over the last twelve months, since 2011.

Today, Oct 23, 2026: 60.4×
10-year median: 27.8×
Against its 10-year history: 90th; percentile: 0 is its lowest day, 100 its highest
10-year range: 12.5× to 145×
Peer median: 36.0×

Teradyne's price to free cash flow is 60.4× as of Oct 23, 2026.

That is above its ten-year median of 27.8×, higher than on 90% of days in the last ten years.

Over that time it ranged from 12.5× in Apr 2018 to 145× in Apr 2026.

The median for 10 semiconductor stocks of a similar size is 36.0×.

Price to free cash flow over time

median 27.8×

The dashed line is the 10-year median and the shaded band the middle half of its days.

Open the interactive chart, with overlays and comparisons

Year by year

Year	End of year	Low	High
2026 so far	60.4×	60.4×	145×
2025	68.2×	20.0×	68.8×
2024	46.2×	34.5×	59.4×
2023	44.8×	25.0×	44.8×
2022	24.0×	13.5×	30.3×
2021	30.1×	26.5×	37.0×
2020	31.1×	16.6×	32.2×
2019	27.2×	14.5×	27.2×
2018	14.5×	12.5×	22.1×
2017	19.4×	14.4×	26.3×
2016	14.2×	7.9×	14.5×
2015	9.3×	8.9×	22.5×
2014	23.0×	14.4×	25.0×
2013	21.5×	9.6×	21.5×
2012	9.9×	8.9×	18.6×
2011	8.3×	4.3×	8.6×

Against its peers

Companies in Semiconductors nearest Teradyne's size, closest first, today.

Company	Price to free cash flow
TERTeradyne	60.4×
ALABAstera Labs	161×
MPWRMonolithic Power Systems	95.7×
MCHPMicrochip Technology	36.2×
NXPINXP Semiconductors	21.1×
TELTE Connectivity	18.2×
ONON Semiconductor	18.7×
CRDOCredo Technology	63.1×
QQnity Electronics	27.9×
ENTGEntegris	35.7×
MTSIMACOM Technology Solutions	88.4×
Peer median	36.0×

What the price to free cash flow tells you

Market value divided by free cash flow: the cash left after running the business and paying for equipment. Cash is harder to manage than accounting earnings, so many investors trust this more than PE.

Lumpy: a big year of building factories drops cash flow and inflates the ratio without the business getting worse.

More on Teradyne

Valuation data, not investment advice. Prices as of Oct 23, 2026. Reported figures come from the company's filings with the SEC.