Teradyne Operating Income vs Total Revenue Analysis

TER Stock

USD 105.52 1.94 1.87%

Teradyne financial indicator trend analysis is much more than just breaking down Teradyne prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Teradyne is a good investment. Please check the relationship between Teradyne Operating Income and its Total Revenue accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Teradyne. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.

To learn how to invest in Teradyne Stock, please use our How to Invest in Teradyne guide.

Operating Income vs Total Revenue

Operating Income vs Total Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Teradyne Operating Income account and Total Revenue. At this time, the significance of the direction appears to have very strong relationship.

The correlation between Teradyne's Operating Income and Total Revenue is 0.89. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Total Revenue in the same time period over historical financial statements of Teradyne, assuming nothing else is changed. The correlation between historical values of Teradyne's Operating Income and Total Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Operating Income of Teradyne are associated (or correlated) with its Total Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Revenue has no effect on the direction of Operating Income i.e., Teradyne's Operating Income and Total Revenue go up and down completely randomly.

Correlation Coefficient

0.89

Relationship Direction	Positive
Relationship Strength	Strong

View All Relationships

Operating Income

Operating Income is the amount of profit realized from Teradyne operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Teradyne is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

Total Revenue

Total revenue comprises all receipts Teradyne generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Most indicators from Teradyne's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Teradyne current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Teradyne. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.

To learn how to invest in Teradyne Stock, please use our How to Invest in Teradyne guide.At this time, Teradyne's Selling General Administrative is relatively stable compared to the past year. As of 11/22/2024, Tax Provision is likely to grow to about 101.6 M, while Issuance Of Capital Stock is likely to drop slightly above 27.7 M.

	2021	2022	2023	2024 (projected)
Total Revenue	3.7B	3.2B	2.7B	1.6B
Depreciation And Amortization	112.5M	110.1M	110.7M	94.9M

Total Revenue Depreciation And Amortization

Teradyne fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Accounts Payable	Current Deferred Revenue	Common Stock	Common Stock Total Equity	Short Term Investments
Total Assets		0.31	0.45	0.91	0.93	0.75	-0.52	0.39	0.67	0.79	0.26	0.79	0.81	0.29	0.54	0.71	0.55	0.95	0.83	0.96	0.26	0.6	0.85	0.53	0.56	0.24
Short Long Term Debt Total	0.31		-0.04	0.02	0.21	-0.16	0.38	-0.31	-0.12	0.27	-0.47	0.62	0.01	0.3	0.57	-0.29	0.23	0.43	0.37	0.28	0.54	-0.14	0.1	0.58	0.52	0.72
Other Current Liab	0.45	-0.04		0.59	0.31	0.38	-0.51	-0.01	0.64	0.33	0.15	0.28	0.55	0.02	0.37	0.39	0.7	0.41	0.55	0.44	-0.32	0.13	0.59	0.03	-0.03	-0.31
Total Current Liabilities	0.91	0.02	0.59		0.81	0.85	-0.72	0.37	0.83	0.62	0.46	0.62	0.94	0.04	0.46	0.86	0.58	0.82	0.83	0.92	0.09	0.72	0.9	0.23	0.27	-0.07
Total Stockholder Equity	0.93	0.21	0.31	0.81		0.72	-0.5	0.66	0.49	0.86	0.18	0.63	0.68	0.37	0.22	0.68	0.41	0.87	0.58	0.84	0.27	0.51	0.75	0.58	0.63	0.23
Property Plant And Equipment Net	0.75	-0.16	0.38	0.85	0.72		-0.79	0.48	0.76	0.54	0.68	0.31	0.89	-0.08	0.2	0.92	0.28	0.64	0.59	0.74	-0.2	0.83	0.82	0.1	0.18	-0.29
Net Debt	-0.52	0.38	-0.51	-0.72	-0.5	-0.79		-0.39	-0.86	-0.35	-0.76	-0.12	-0.74	0.03	-0.04	-0.79	-0.39	-0.44	-0.41	-0.53	0.41	-0.75	-0.68	-0.01	-0.07	0.57
Retained Earnings	0.39	-0.31	-0.01	0.37	0.66	0.48	-0.39		0.07	0.46	0.09	0.05	0.28	0.17	-0.52	0.44	0.04	0.2	-0.13	0.31	0.1	0.22	0.35	0.17	0.22	0.0
Cash	0.67	-0.12	0.64	0.83	0.49	0.76	-0.86	0.07		0.35	0.72	0.43	0.85	0.01	0.51	0.75	0.58	0.63	0.77	0.72	-0.28	0.8	0.79	0.1	0.14	-0.35
Non Current Assets Total	0.79	0.27	0.33	0.62	0.86	0.54	-0.35	0.46	0.35		0.12	0.43	0.42	0.61	0.19	0.54	0.35	0.83	0.46	0.58	0.13	0.36	0.59	0.75	0.78	0.12
Non Currrent Assets Other	0.26	-0.47	0.15	0.46	0.18	0.68	-0.76	0.09	0.72	0.12		-0.07	0.52	-0.01	0.1	0.69	0.03	0.24	0.31	0.28	-0.44	0.87	0.46	-0.04	0.03	-0.58
Cash And Short Term Investments	0.79	0.62	0.28	0.62	0.63	0.31	-0.12	0.05	0.43	0.43	-0.07		0.54	0.31	0.76	0.21	0.59	0.76	0.81	0.84	0.54	0.3	0.56	0.53	0.52	0.68
Net Receivables	0.81	0.01	0.55	0.94	0.68	0.89	-0.74	0.28	0.85	0.42	0.52	0.54		-0.2	0.48	0.84	0.56	0.7	0.81	0.88	-0.04	0.76	0.91	0.02	0.06	-0.15
Common Stock Shares Outstanding	0.29	0.3	0.02	0.04	0.37	-0.08	0.03	0.17	0.01	0.61	-0.01	0.31	-0.2		0.1	-0.08	0.14	0.4	0.09	0.1	0.24	0.04	0.06	0.91	0.88	0.36
Non Current Liabilities Total	0.54	0.57	0.37	0.46	0.22	0.2	-0.04	-0.52	0.51	0.19	0.1	0.76	0.48	0.1		0.16	0.5	0.62	0.88	0.62	0.2	0.32	0.45	0.29	0.27	0.37
Inventory	0.71	-0.29	0.39	0.86	0.68	0.92	-0.79	0.44	0.75	0.54	0.69	0.21	0.84	-0.08	0.16		0.2	0.63	0.56	0.69	-0.18	0.81	0.82	0.05	0.14	-0.41
Other Current Assets	0.55	0.23	0.7	0.58	0.41	0.28	-0.39	0.04	0.58	0.35	0.03	0.59	0.56	0.14	0.5	0.2		0.49	0.63	0.57	0.02	0.22	0.56	0.2	0.15	0.1
Other Stockholder Equity	0.95	0.43	0.41	0.82	0.87	0.64	-0.44	0.2	0.63	0.83	0.24	0.76	0.7	0.4	0.62	0.63	0.49		0.83	0.88	0.25	0.56	0.77	0.65	0.69	0.24
Total Liab	0.83	0.37	0.55	0.83	0.58	0.59	-0.41	-0.13	0.77	0.46	0.31	0.81	0.81	0.09	0.88	0.56	0.63	0.83		0.89	0.17	0.59	0.77	0.31	0.31	0.19
Total Current Assets	0.96	0.28	0.44	0.92	0.84	0.74	-0.53	0.31	0.72	0.58	0.28	0.84	0.88	0.1	0.62	0.69	0.57	0.88	0.89		0.28	0.63	0.85	0.35	0.39	0.26
Short Term Debt	0.26	0.54	-0.32	0.09	0.27	-0.2	0.41	0.1	-0.28	0.13	-0.44	0.54	-0.04	0.24	0.2	-0.18	0.02	0.25	0.17	0.28		-0.1	-0.01	0.38	0.34	0.8
Accounts Payable	0.6	-0.14	0.13	0.72	0.51	0.83	-0.75	0.22	0.8	0.36	0.87	0.3	0.76	0.04	0.32	0.81	0.22	0.56	0.59	0.63	-0.1		0.7	0.16	0.25	-0.27
Current Deferred Revenue	0.85	0.1	0.59	0.9	0.75	0.82	-0.68	0.35	0.79	0.59	0.46	0.56	0.91	0.06	0.45	0.82	0.56	0.77	0.77	0.85	-0.01	0.7		0.26	0.27	-0.08
Common Stock	0.53	0.58	0.03	0.23	0.58	0.1	-0.01	0.17	0.1	0.75	-0.04	0.53	0.02	0.91	0.29	0.05	0.2	0.65	0.31	0.35	0.38	0.16	0.26		0.99	0.5
Common Stock Total Equity	0.56	0.52	-0.03	0.27	0.63	0.18	-0.07	0.22	0.14	0.78	0.03	0.52	0.06	0.88	0.27	0.14	0.15	0.69	0.31	0.39	0.34	0.25	0.27	0.99		0.46
Short Term Investments	0.24	0.72	-0.31	-0.07	0.23	-0.29	0.57	0.0	-0.35	0.12	-0.58	0.68	-0.15	0.36	0.37	-0.41	0.1	0.24	0.19	0.26	0.8	-0.27	-0.08	0.5	0.46

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Teradyne Account Relationship Matchups

Teradyne fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	2.8B	3.7B	3.8B	3.5B	3.5B	1.9B
Short Long Term Debt Total	460.0M	472.8M	184.6M	132.9M	82.6M	78.5M
Other Current Liab	288.1M	297.9M	357.9M	305.9M	7.4M	7.0M
Total Current Liabilities	539.0M	700.9M	797.1M	746.3M	660.0M	353.1M
Total Stockholder Equity	1.5B	2.2B	2.6B	2.5B	2.5B	1.3B
Property Plant And Equipment Net	377.8M	449.4M	456.0M	492.4M	518.9M	378.5M
Net Debt	(313.9M)	(441.4M)	(937.6M)	(721.9M)	(675.0M)	(641.2M)
Retained Earnings	(241.9M)	387.4M	736.6M	725.7M	706.5M	358.8M
Cash	773.9M	914.1M	1.1B	854.8M	757.6M	795.4M
Non Current Assets Total	1.1B	1.2B	1.2B	1.2B	1.3B	823.9M
Non Currrent Assets Other	41.4M	26.9M	39.2M	40.7M	50.1M	70.2M
Cash And Short Term Investments	911.2M	1.4B	1.4B	894.4M	819.7M	568.6M
Net Receivables	362.4M	497.5M	550.7M	491.1M	422.1M	235.9M
Common Stock Shares Outstanding	179.5M	183.0M	183.6M	169.7M	164.3M	220.4M
Liabilities And Stockholders Equity	2.8B	3.7B	3.8B	3.5B	3.5B	1.9B
Non Current Liabilities Total	765.5M	744.5M	441.9M	303.7M	301.0M	269.8M
Inventory	196.7M	222.2M	243.3M	325.0M	310.0M	185.0M
Other Current Assets	188.6M	259.3M	415.7M	56.3M	38.0M	36.1M
Other Stockholder Equity	1.7B	1.8B	1.8B	1.8B	1.8B	1.1B
Total Liab	1.3B	1.4B	1.2B	1.0B	960.9M	622.9M
Total Current Assets	1.7B	2.4B	2.6B	2.3B	2.2B	1.1B
Short Term Debt	19.5M	53.9M	59.1M	87.3M	17.5M	16.6M
Accounts Payable	126.6M	133.7M	153.1M	139.7M	180.1M	189.1M
Current Deferred Revenue	104.9M	134.7M	146.2M	148.3M	99.8M	82.5M
Common Stock	20.8M	20.8M	20.3M	19.5M	19.1M	22.1M
Common Stock Total Equity	20.8M	20.8M	20.3M	19.5M	22.4M	22.8M
Short Term Investments	137.3M	522.3M	244.2M	39.6M	62.2M	59.0M
Property Plant And Equipment Gross	377.8M	394.8M	456.0M	492.4M	1.4B	1.5B
Accumulated Other Comprehensive Income	(18.9M)	33.5M	(5.9M)	(49.9M)	(27.0M)	(28.3M)
Other Assets	104.0M	114.8M	139.9M	183.5M	211.0M	221.5M
Long Term Debt	380.0M	394.7M	376.8M	89.2M	80.3M	76.3M
Property Plant Equipment	320.2M	394.8M	456.0M	418.7M	376.8M	314.1M
Other Liab	327.3M	325.6M	296.4M	239.5M	275.4M	200.2M
Good Will	416.4M	453.9M	426.0M	403.2M	415.7M	290.6M
Intangible Assets	125.5M	100.9M	75.6M	53.5M	35.4M	33.6M
Net Tangible Assets	938.2M	1.7B	2.1B	2.0B	2.3B	1.5B
Retained Earnings Total Equity	(241.9M)	387.4M	736.6M	725.7M	834.6M	876.3M
Capital Surpluse	1.7B	1.8B	1.8B	1.8B	2.0B	1.7B

Pair Trading with Teradyne

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Teradyne position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Teradyne will appreciate offsetting losses from the drop in the long position's value.

Moving together with Teradyne Stock

0.89	ENPH	Enphase Energy	Pair Corr
0.76	FSLR	First Solar	Pair Corr

Moving against Teradyne Stock

0.81	ZM	Zoom Video Communications Earnings Call This Week	Pair Corr
0.63	S	SentinelOne	Pair Corr
0.52	ZD	Ziff Davis	Pair Corr
0.5	INTC	Intel Fiscal Year End 23rd of January 2025	Pair Corr
0.43	GB	Global Blue Group Earnings Call Today	Pair Corr

The ability to find closely correlated positions to Teradyne could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Teradyne when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Teradyne - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Teradyne to buy it.

The correlation of Teradyne is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Teradyne moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Teradyne moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Teradyne can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Additional Tools for Teradyne Stock Analysis

When running Teradyne's price analysis, check to measure Teradyne's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Teradyne is operating at the current time. Most of Teradyne's value examination focuses on studying past and present price action to predict the probability of Teradyne's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Teradyne's price. Additionally, you may evaluate how the addition of Teradyne to your portfolios can decrease your overall portfolio volatility.

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