Teradyne, Inc. Website

Teradyne, Inc.

NasdaqGS-TER

Income Statement
Dec '14
Dec '15
Dec '16
Dec '17
Dec '18
Dec '19
Dec '20
Dec '21
Dec '22
Dec '23
LTM

Total Revenues

2,295

3,121.5

3,702.9

3,155

2,676.3

2,704

Total Revenues % Chg.

9.2%

36%

18.6%

-14.8%

-15.2%

-5.5%

Cost of Goods Sold, Total

955.1

1,335.7

1,496.2

1,287.9

1,139.6

1,161.1

Gross Profit

1,339.8

1,785.7

2,206.7

1,867.2

1,536.7

1,543

Selling General & Admin Expenses, Total

446.4

476

546.6

536

582.6

589.6

R&D Expenses

322.8

375

427.6

440.6

418.1

421.6

Amortization of Goodwill and Intangible Assets

40.1

30.8

21.5

19.3

19

18.7

Other Operating Expenses

0.8

6.8

2.1

0.3

0.4

-0.8

Other Operating Expenses, Total

810.1

888.5

997.8

996.3

1,020.1

1,029.2

Operating Income

529.7

897.2

1,208.9

870.9

516.7

513.8

Interest Expense, Total

-22.2

-24.2

-17.8

-3.7

-3.8

-4

Interest And Investment Income

17

6

2.6

6.4

27.3

30.3

Net Interest Expenses

-5.2

-18.2

-15.2

2.7

23.5

26.4

Currency Exchange Gains (Loss)

-4.4

-6.1

-4.4

-8.3

-1.6

-10

Other Non Operating Income (Expenses)

4.9

0.3

1.3

1.9

0.3

2

EBT, Excl. Unusual Items

525

873.2

1,190.6

867.2

538.9

532.1

Restructuring Charges

-2.1

-1.6

—

-2.9

-14.7

-11.7

Merger & Related Restructuring Charges

—

—

-2.5

-1.7

-0.5

—

-3.6

-5.8

Impairment of Goodwill

—

—

—

—

—

—

—

—

—

Gain (Loss) On Sale Of Investments

—

—

—

-13.9

7.9

6.4

-9.9

7.5

6.9

Gain (Loss) On Sale Of Assets

—

—

—

—

—

—

—

—

3.4

—

57.5

Asset Writedown

—

—

—

—

—

—

—

—

—

Insurance Settlements

—

—

—

—

—

—

—

—

—

Legal Settlements

—

—

—

—

—

—

—

-12

-14.7

—

—

Other Unusual Items

19.2

23.3

-23.6

-2.7

-2.6

-2.6

EBT, Incl. Unusual Items

525.8

901

1,161

840.4

525.6

576.4

Income Tax Expense

58.3

116.9

146.4

124.9

76.8

80.8

Earnings From Continuing Operations

467.5

784.1

1,014.6

715.5

448.8

495.6

Net Income

467.5

784.1

1,014.6

715.5

448.8

495.6

Net Income to Common Incl Extra Items

467.5

784.1

1,014.6

715.5

448.8

495.6

Net Income to Common Excl. Extra Items

467.5

784.1

1,014.6

715.5

448.8

495.6

Total Shares Outstanding

166.6

166.1

162.3

155.8

152.7

161.8

Weighted Avg. Shares Outstanding

170.4

166.1

165

158.4

154.3

154.4

Weighted Avg. Shares Outstanding Dil

179.5

183

183.6

169.7

164.3

163

EPS

2.7

4.7

6.2

4.5

2.9

3.2

EPS Diluted

2.6

4.3

5.5

4.2

2.7

3

EBITDA

650.4

1,023.9

1,334.4

981.6

627.6

628.2

Effective Tax Rate

11.1%

13%

12.6%

14.9%

14.6%

14%