Flex (FLEX) vs Teradyne (TER)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
Teradyne (TER) has outperformed Flex (FLEX) over the past year, gaining 193.8% versus a gain of 108.5%. Over five years, FLEX leads with a +731.7% price change compared with +261.5% for TER. Teradyne is the larger company by market cap ($64.38 billion vs $44.09 billion), about 1.5 times the size.
On valuation, Flex trades at a lower forward P/E (16.9x vs 35.3x for Teradyne). Teradyne pays a dividend yielding 0.12%, while Flex does not currently pay one. Teradyne converts more of its revenue into profit, with a net margin of 17.4% versus 3.2%.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | FLEX | TER |
|---|---|---|
| Share price | $119.34 | $411.78 |
| Market cap | $44.09B | $64.38B |
| 1-day change | -1.68% | -4.31% |
| YTD return | +97.52% | +112.74% |
| 1-year return | +108.45% | +193.83% |
| 5-year return | +731.74% | +261.46% |
| P/E ratio (TTM) | 46.08 | 56.56 |
| Forward P/E | 16.91 | 35.34 |
| EPS (TTM) | $2.59 | $7.28 |
| Dividend yield | 0.00% | 0.12% |
| Annual dividend | $0.00 | $0.50 |
| Revenue (latest FY) | $27.91B | $3.19B |
| Revenue growth (YoY) | +8.14% | +13.13% |
| Net income (latest FY) | $880.00M | $554.05M |
| Gross margin | 9.20% | 58.22% |
| Operating margin | 4.90% | 20.38% |
| Net margin | 3.15% | 17.37% |
| 52-week high | $166.86 | $487.91 |
| 52-week low | $53.07 | $131.75 |
| Distance from 52-week high | -28.48% | -15.60% |
| Analyst consensus | strong_buy | buy |
| Avg. price target upside | +34.49% | +8.42% |
| Average volume | 3.65M | 2.87M |
| Shares outstanding | 369.46M | 156.34M |
| Employees | 149,686 | 6,600 |
| Sector | Technology | Industrials |
| Industry | Electrical Products | Electrical Products |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- TER has outperformed FLEX by 85.4 percentage points over the past year.
- Teradyne is more profitable, keeping 17.4 cents of every revenue dollar as net income versus 3.2 cents for Flex.
- The two companies sit in different sectors: Flex in Technology and Teradyne in Industrials.
About Flex
FLEX stock →Flex Ltd. provides technology innovation, supply chain, and manufacturing solutions to data center, communications, enterprise, consumer, automotive, healthcare, industrial, and power industries in the Americas, Asia, and Europe.
Technology · Electrical Products · 149,686 employees
About Teradyne
TER stock →Teradyne, Inc. engages in the design, development, manufacture, and sale of automated test systems and robotics products in the United States, Asia Pacific, Europe, the Middle East, and Africa.
Industrials · Electrical Products · 6,600 employees
FLEX vs TER FAQ
Which is bigger, Flex or Teradyne?
Teradyne (TER) is larger, with a market capitalization of $64.38B compared with $44.09B for Flex (FLEX).
Which stock has performed better over the past year, FLEX or TER?
TER returned +193.83% over the past 12 months, compared with +108.45% for FLEX (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, FLEX or TER?
FLEX has the lower trailing P/E at 46.1, versus 56.6 for TER. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, Flex or Teradyne?
Teradyne pays a dividend yielding 0.12%, while Flex does not currently pay a regular dividend.
Are Flex and Teradyne in the same industry?
Yes. Both are classified in the Electrical Products industry within the Technology sector.