TeradyneXSWX:TER 72 Debt-to-Equity is 0.03 as of Mar. 2026, which is 79% below its 10-year median of 0.14. 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 900 Semiconductors companies, Teradyne ranks better than 88% on this metric.
A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.
The historical rank and industry rank for Teradyne's Debt-to-Equity or its related term are showing as below:
XSWX:TER'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.03 Med: 0.14 Max: 0.31
Current: 0.03
During the past 13 years, the highest Debt-to-Equity Ratio of Teradyne was 0.31. The lowest was 0.03. And the median was 0.14.
XSWX:TER's Debt-to-Equity is ranked better than 88% of 900
companies
in the Semiconductors industry
Industry Median: 0.255
vs XSWX:TER: 0.03
Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.
Teradyne Debt-to-Equity Related Terms
Teradyne Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Teradyne's Debt-to-Equity 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.
For the Semiconductor Equipment & Materials subindustry, Teradyne's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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-Equity vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Teradyne's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Teradyne's Debt-to-Equity falls into.
* 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 (XSWX:TER) has a Debt-to-Equity of 0.03 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Teradyne and its competitors. This is 79% below median its historical median of 0.14. Over the past decade, Teradyne's Debt-to-Equity has ranged from 0.03 to 0.31. According to the industry distribution chart, Teradyne ranks #108 out of 900 companies in the Semiconductors industry, placing it in the top 12%.
Is Teradyne's Debt-to-Equity too high?
Teradyne's current Debt-to-Equity of 0.03 is 79% below median its 10-year median of 0.14. Over the past 10 years, this metric has ranged from a low of 0.03 to a high of 0.31. The Semiconductors industry median Debt-to-Equity is 0.26. Teradyne's value of 0.03 is 88.2% below this industry median. Based on the distribution chart, Teradyne ranks #108 out of 900 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-Equity compare to ?
According to the Semiconductors industry distribution chart, Teradyne ranks #108 out of 900 companies for Debt-to-Equity. This places Teradyne in the top 12% of its industry — outperforming the majority of peers. The industry median Debt-to-Equity is 0.26. Teradyne's value of 0.03 is 88.2% below this benchmark. Historically, Teradyne's own Debt-to-Equity has ranged from 0.03 to 0.31 over the past decade. While the company's 10-year median is 0.14 vs. the industry median of 0.26, 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-Equity for a Semiconductors company?
The median Debt-to-Equity among Semiconductors companies is 0.26, based on 900 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Teradyne's current Debt-to-Equity of 0.03 is 88.2% 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-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Teradyne and its competitors. For the Semiconductors industry, the median Debt-to-Equity is 0.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Teradyne's current Debt-to-Equity is 0.03, which is 79% below median its own 10-year median of 0.14. 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-Equity of 0.03. 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-Equity is 0.03, which is 79% below median its 10-year median of 0.14 and 88.2% below the Semiconductors industry median of 0.26. 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-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Teradyne (XSWX:TER), the current Debt-to-Equity is 0.03 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-Equity: 0.03 (79% below median its 10-year median of 0.14)
GF Value™: CHF163.31 vs. price of CHF310.80 (90.3% above fair value)
Industry Position: 88.2% below the Semiconductors median (#108 of 900)
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 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
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