Teradyne company profile - Office locations, jobs, key people, competitors, financial metrics, news, company life

Manufacturing & Industrial automation electronics equipment manufacturing equipment testing

Teradyne (NYSE:TER) is a leading supplier of automation equipment for test and industrial applications. Teradyne Automatic Test Equipment (ATE) is used to test semiconductors, wireless products, data storage and complex electronic systems, which serve consumer, communications, industrial and government customers. Our industrial automation products include collaborative robots used by global manufacturing and light industrial customers to improve quality and increase manufacturing efficiency. In 2015, Teradyne had revenue of $1.64 billion and currently employs approximately 4,100 people worldwide. The Semiconductor Test Division is the world's largest supplier of semiconductor test equipment for logic, RF, analog, power, mixed-signal and memory technologies. The System Test Group is a global leader in electronics testing solutions serving the world's leading original equipment manufacturers, electronics manufacturing services suppliers, and hard disk drive makers. The Wireless Test segment, LitePoint, is focused on reducing the time to market and cost of system level test for wireless products operating on WiFi, Bluetooth, GPS, and cellular phone networks. Our collaborative robots business, headed up by Universal Robots, provides low-cost, easy-to-deploy and simple-to-program robots that work side by side with production workers to improve quality and increase manufacturing efficiency.

Revenue(Q1, 2017)

$456.9 M

Market capitalization(2017-08-22)

$7 B

Backlog(FY, 2016)

$729.7 M

Company Growth (employees)

Type

Public

North Reading, US

Founded

1960

Size (employees)

4,300 (est)

Website

teradyne.com

North Reading, US (HQ)

600 Riverpark Dr

Teradyne Financial Metrics

Teradyne's revenue was reported to be $456.9 m in Q1, 2017

Summary

USD

Teradyne's current market capitalization is $7 b.

Source: SEC Filings

Income Statement

Annual

USD	FY, 2014	FY, 2015	FY, 2016
Revenue	1.6 b	1.6 b	1.8 b
Revenue growth, %	15%	(1%)	7%
Cost of goods sold	769 m	723.9 m	793.7 m
Gross profit	878.8 m	915.6 m	959.6 m
Gross profit Margin, %	53%	56%	55%
EBIT	96.4 m	243 m	59.2 m
EBIT margin, %	6%	15%	3%
Interest income	2 m	2 m	3.1 m
Pre tax profit	95.4 m	253.1 m	(55.1 m)
Net Income	81.3 m	206.5 m	(43.4 m)

Quarterly

USD	Q2, 2014	Q3, 2014	Q1, 2015	Q2, 2015	Q3, 2015	Q1, 2016	Q2, 2016	Q3, 2016	Q1, 2017
Revenue	525.6 m	478 m	342.4 m	512.7 m	466 m	431 m	531.8 m	410.5 m	456.9 m
Cost of goods sold	32.7 m	34.3 m	31 m	32.7 m	36.4 m	33.1 m	33.1 m	34.9 m	37 m
Gross profit	492.8 m	443.7 m	311.4 m	480.1 m	429.6 m	397.9 m	498.7 m	375.6 m	419.9 m
Gross profit Margin, %	94%	93%	91%	94%	92%	92%	94%	92%	92%
EBIT	120.7 m	98.2 m	35.1 m	130.8 m	86.8 m	56.1 m	(231.8 m)	56.5 m	93.4 m
EBIT margin, %	23%	21%	10%	26%	19%	13%	(44%)	14%	20%
Interest income	1.3 m	1.9 m	1.8 m	1.7 m	1.7 m	1.6 m	1.7 m	2.9 m	3.5 m
Pre tax profit	121.4 m	100.7 m	42.4 m			57.2 m	(230.8 m)	59.7 m
Net Income	101.2 m	82.9 m	32.8 m	102.9 m	71.5 m	50 m	(223.5 m)	63.8 m	85.2 m

Source: SEC Filings

Balance Sheet

Annual

USD	FY, 2013	FY, 2014	FY, 2015	FY, 2016
Cash	341.6 m	294.3 m	264.7 m	307.9 m
Accounts Receivable	157.6 m	151 m	211.3 m	9.8 m
Inventories				136 m
Current Assets	1.4 b	1.2 b	1.3 b	1.6 b
PP&E	275.2 m	329 m	273.4 m	253.8 m
Goodwill	361.8 m	273.4 m	488.4 m	223.3 m
Total Assets	2.6 b	2.5 b	2.5 b	2.8 b
Accounts Payable	62.9 m	47.8 m	92.4 m	95.4 m
Total Debt				352.7 m
Current Liabilities	475.6 m	292.4 m	372.9 m	372.7 m
Total Liabilities				933.8 m
Additional Paid-in Capital	1.4 b	1.4 b	1.5 b	1.6 b
Retained Earnings	566.2 m	610.1 m	467.8 m	230.3 m
Total Equity	2 b	2.1 b	2 b	1.8 b
Debt to Equity Ratio				0.2 x
Debt to Assets Ratio				0.1 x
Financial Leverage	1.3 x	1.2 x	1.3 x	1.5 x

Quarterly

USD	Q2, 2014	Q3, 2014	Q1, 2015	Q2, 2015	Q3, 2015	Q1, 2016	Q2, 2016	Q3, 2016	Q1, 2017
Cash	254.6 m	211.7 m	218.9 m	300.7 m	294.2 m	319.4 m	381.1 m	297.9 m	324.7 m
Inventories									203.3 m
Current Assets	1.4 b	1.4 b	1.3 b	1.3 b	1.3 b	1.2 b	1.4 b	1.3 b	1.9 b
PP&E			308.3 m	291.9 m	275.1 m	266.9 m	264.6 m	261.8 m	253.5 m
Goodwill	361.8 m	361.8 m	273.4 m	495.4 m	498.3 m	495.9 m	237.2 m	238.6 m	230.1 m
Total Assets	2.6 b	2.7 b	2.5 b	2.7 b	2.7 b	2.5 b	2.4 b	2.4 b	2.8 b
Accounts Payable	102.2 m	60.3 m	59.8 m	86.5 m	81.6 m	84.1 m	103.1 m	61.9 m	121.4 m
Current Liabilities	361.2 m	329.8 m	293.1 m	402.1 m	395.7 m	344.5 m	455.3 m	369.1 m	393.1 m
Additional Paid-in Capital	1.4 b	1.4 b	1.4 b	1.5 b	1.5 b	1.5 b	1.5 b	1.5 b	1.6 b
Retained Earnings	656.7 m	726.9 m	579.6 m	588.5 m	548 m	476.4 m	212.1 m	235.6 m	300.3 m
Total Equity	2.1 b	2.2 b	2.1 b	2.1 b	2 b	2 b	1.7 b	1.8 b	1.9 b
Financial Leverage	1.3 x	1.2 x	1.2 x	1.3 x	1.3 x	1.3 x	1.4 x	1.3 x	1.5 x

Cash Flow

Annual

USD	FY, 2013	FY, 2014	FY, 2015	FY, 2016
Net Income	164.9 m	81.3 m	206.5 m	(43.4 m)
Depreciation and Amortization	57.3 m	73.4 m	68.2 m	64.8 m
Accounts Receivable	(3.7 m)	8.1 m	(57 m)	18.3 m
Inventories	21.2 m	51.2 m	15.6 m	34.3 m
Cash From Operating Activities	267.3 m	492.1 m	412.8 m	445.8 m
Purchases of PP&E	(106.7 m)	(169 m)	(89.9 m)	(85.3 m)
Cash From Investing Activities	(281.8 m)	(332.9 m)	(113.7 m)	(640.5 m)
Long-term Borrowings	(2.5 m)	(191 m)	(191 m)	(191 m)
Dividends Paid		(37.4 m)	(50.7 m)	(48.6 m)
Cash From Financing Activities	17.3 m	(206.6 m)	(328.7 m)	237.8 m
Interest Paid	8.6 m	4.3 m	301 k	446 k
Income Taxes Paid	38.2 m	25.9 m	(5.2 m)	18.4 m

Quarterly

USD	Q2, 2014	Q3, 2014	Q1, 2015	Q2, 2015	Q3, 2015	Q1, 2016	Q2, 2016	Q3, 2016	Q1, 2017
Net Income	101.2 m	82.9 m	32.8 m	102.9 m	71.5 m	50 m	(223.5 m)	63.8 m	85.2 m
Accounts Payable	102.2 m	60.3 m	59.8 m	86.5 m	81.6 m	84.1 m	103.1 m	61.9 m	121.4 m

Ratios

	Y, 2017
Financial Leverage	1.5 x

Teradyne Operating Metrics

Teradyne's Backlog was reported to be $729.7 m in FY, 2016, which is a 19% increase from the previous period

	FY, 2014	FY, 2015	FY, 2016
Backlog (Semiconductor Test)	$262.8 m	$472.9 m	$575.7 m
Backlog (System Test)	$96.1 m	$108.8 m	$117.8 m
Backlog (Wireless Test)	$37 m	$33.4 m	$32.4 m
Total Systems Installed	14.2 k	15 k	16.9 k
Backlog	$395.9 m	$615.7 m	$729.7 m
Backlog (Industrial Automation)		$600 k	$3.8 m

Teradyne Market Value History

Teradyne Revenue Breakdown

Teradyne Median Salaries

Source: 54 public H-1B filings from Teradyne

Teradyne

Company Growth (employees)

Teradyne Office Locations

Teradyne Data and Metrics

Teradyne Financial Metrics

Summary

Revenue (Q1, 2017)

Gross profit (Q1, 2017)

Gross profit margin (Q1, 2017), %

Net income (Q1, 2017)

EBIT (Q1, 2017)

Market capitalization (22-Aug-2017)

Cash (02-Apr-2017)

Income Statement

Revenue

Revenue growth, %

Cost of goods sold

Gross profit

Gross profit Margin, %

EBIT

EBIT margin, %

Interest income

Pre tax profit

Net Income

Revenue

Cost of goods sold

Gross profit

Gross profit Margin, %

EBIT

EBIT margin, %

Interest income

Pre tax profit

Net Income

Balance Sheet

Cash

Accounts Receivable

Inventories

Current Assets

PP&E

Goodwill

Total Assets

Accounts Payable

Total Debt

Current Liabilities

Total Liabilities

Additional Paid-in Capital

Retained Earnings

Total Equity

Debt to Equity Ratio

Debt to Assets Ratio

Financial Leverage

Cash

Inventories

Current Assets

PP&E

Goodwill

Total Assets

Accounts Payable

Current Liabilities

Additional Paid-in Capital

Retained Earnings

Total Equity

Financial Leverage

Cash Flow

Net Income

Depreciation and Amortization

Accounts Receivable

Inventories

Cash From Operating Activities

Purchases of PP&E

Cash From Investing Activities

Long-term Borrowings

Dividends Paid

Cash From Financing Activities

Interest Paid

Income Taxes Paid

Net Income

Accounts Payable

Ratios

Financial Leverage