Teradyne (XSWX:TER) Debt-to-EBITDA : 0.04 (As of Mar. 2026) — 90% Below Median


XSWX:TER Teradyne Inc XSWX:TER
72 GF Score
Price CHF310.80
GF Value CHF163.31
! 4 Warning Signs
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What is Teradyne Debt-to-EBITDA?

Teradyne XSWX:TER 72 Debt-to-EBITDA is 0.04 as of Mar. 2026, which is 90% below its 10-year median of 0.40. GuruFocus rates XSWX:TER with a GF Score™ of 72/100 and a GF Value™ of CHF163.31. The stock has 4 warning signs investors should review. Among 716 Semiconductors companies, Teradyne ranks better than 87.29% on this metric.

Debt-to-EBITDA measures a company's ability to pay off its debt.

Teradyne's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was CHF18 Mil. Teradyne's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was CHF64 Mil. Teradyne's annualized EBITDA for the quarter that ended in Mar. 2026 was CHF2,006 Mil. Teradyne's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 was 0.04.

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.

The historical rank and industry rank for Teradyne's Debt-to-EBITDA or its related term are showing as below:

XSWX:TER' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.07   Med: 0.4   Max: 5.14
Current: 0.07

During the past 13 years, the highest Debt-to-EBITDA Ratio of Teradyne was 5.14. The lowest was 0.07. And the median was 0.40.

XSWX:TER's Debt-to-EBITDA is ranked better than
87.29% of 716 companies
in the Semiconductors industry
Industry Median: 1.445 vs XSWX:TER: 0.07

Teradyne  (XSWX:TER) Debt-to-EBITDA Explanation

In the calculation of Debt-to-EBITDA, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by EBITDA. In some calculations, Total Liabilities is used to for calculation.


Be Aware

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.

According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.


Teradyne Debt-to-EBITDA Related Terms


Teradyne Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Teradyne's Debt-to-EBITDA can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Teradyne Debt-to-EBITDA Chart

Teradyne Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.14 0.14 0.13 0.11 0.36

Teradyne Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.12 0.15 0.10 0.22 0.04

XSWX:TER vs : Debt-to-EBITDA Comparison

For the Semiconductor Equipment & Materials subindustry, Teradyne's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Teradyne Debt-to-EBITDA vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Teradyne's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Teradyne's Debt-to-EBITDA falls into.


XSWX:TER
72GF Score
Teradyne Inc XSWX:TER
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
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Teradyne Debt-to-EBITDA Calculation

Debt-to-EBITDA measures a company's ability to pay off its debt.

Teradyne's Debt-to-EBITDA for the fiscal year that ended in Dec. 2025 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(219.34 + 63.899) / 788.087
=0.36

Teradyne's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(18.438 + 63.96) / 2005.928
=0.04

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data, the EBITDA data used here is four times the quarterly (Mar. 2026) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of 0.04 mean?
Teradyne (XSWX:TER) has a Debt-to-EBITDA of 0.04 as of Mar. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Teradyne. This is 90% below median its historical median of 0.40. Over the past decade, Teradyne's Debt-to-EBITDA has ranged from 0.07 to 5.14. According to the industry distribution chart, Teradyne ranks #91 out of 716 companies in the Semiconductors industry, placing it in the top 12.7%.
Is Teradyne's Debt-to-EBITDA too high?
Teradyne's current Debt-to-EBITDA of 0.04 is 90% below median its 10-year median of 0.40. Over the past 10 years, this metric has ranged from a low of 0.07 to a high of 5.14. The Semiconductors industry median Debt-to-EBITDA is 1.45. Teradyne's value of 0.04 is 97.2% below this industry median. Based on the distribution chart, Teradyne ranks #91 out of 716 companies in the Semiconductors industry, which is in the top quartile — a strong position relative to peers. Overall, Teradyne has a GF Score™ of 72/100, reflecting its overall financial health beyond just this single metric.
How does Teradyne's Debt-to-EBITDA compare to ?
According to the Semiconductors industry distribution chart, Teradyne ranks #91 out of 716 companies for Debt-to-EBITDA. This places Teradyne in the top 13% of its industry — outperforming the majority of peers. The industry median Debt-to-EBITDA is 1.45. Teradyne's value of 0.04 is 97.2% below this benchmark. Historically, Teradyne's own Debt-to-EBITDA has ranged from 0.07 to 5.14 over the past decade. While the company's 10-year median is 0.40 vs. the industry median of 1.45, Teradyne has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-EBITDA for a Semiconductors company?
The median Debt-to-EBITDA among Semiconductors companies is 1.45, based on 716 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Teradyne's current Debt-to-EBITDA of 0.04 is 97.2% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-EBITDA mean?
A high Debt-to-EBITDA can signal that a stock is expensive relative to its fundamentals. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Teradyne. For the Semiconductors industry, the median Debt-to-EBITDA is 1.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Teradyne's current Debt-to-EBITDA is 0.04, which is 90% below median its own 10-year median of 0.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Teradyne stock overvalued right now?
Teradyne (XSWX:TER) has a current Debt-to-EBITDA of 0.04. The stock's GF Value™ is CHF163.31, compared to a current price of CHF310.80 — trading 90.3% above its estimated fair value. The current Debt-to-EBITDA is 0.04, which is 90% below median its 10-year median of 0.40 and 97.2% below the Semiconductors industry median of 1.45. Teradyne's overall GF Score™ is 72/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-EBITDA calculated?
Debt-to-EBITDA is calculated from a company's financial statements. For Teradyne (XSWX:TER), the current Debt-to-EBITDA is 0.04 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Teradyne (XSWX:TER) Overvalued in 2026?

Based on GuruFocus' analysis, Teradyne stock appears to be overvalued. The current stock price of CHF310.80 is trading 90.3% above its estimated GF Value™ of CHF163.31.

Key valuation signals for XSWX:TER:

  • Debt-to-EBITDA: 0.04 (90% below median its 10-year median of 0.40)
  • GF Value™: CHF163.31 vs. price of CHF310.80 (90.3% above fair value)
  • GF Score™: 72/100 with 4 warning signs
  • Industry Position: 97.2% below the Semiconductors median (#91 of 716)

No single metric tells the full story. See the XSWX:TER stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Teradyne Business Description

Comparable Companies
Address 600 Riverpark Drive, North Reading, MA, USA, 01864
Teradyne provides testing equipment, including automated test equipment for semiconductors, system testing for hard disk drives, circuit boards, and electronics systems, and wireless testing for devices. The firm entered the industrial automation market in 2015 and sells collaborative and autonomous robots for factory applications. Teradyne serves numerous end markets and geographies, directly and indirectly, through its products, but its most significant exposure is to semiconductor testing. Teradyne serves vertically integrated, fabless, and foundry chipmakers with its equipment.
72GF Score

Get the complete analysis for XSWX:TER

Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

CHF310.80
Price
CHF163.31
GF Value