Teradyne (TER) vs Veralto (VLTO)
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 Veralto (VLTO) over the past year, gaining 193.8% versus a loss of 8.7%. Teradyne is the larger company by market cap ($62.34 billion vs $23.52 billion), about 2.7 times the size. On valuation, Veralto trades at a lower forward P/E (20.2x vs 34.2x for Teradyne).
Veralto offers the higher dividend yield (0.52% vs 0.13%). Teradyne converts more of its revenue into profit, with a net margin of 17.4% versus 17.1%.
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 | TER | VLTO |
|---|---|---|
| Share price | $398.72 | $96.48 |
| Market cap | $62.34B | $23.52B |
| 1-day change | -3.17% | +0.78% |
| YTD return | +112.74% | -4.06% |
| 1-year return | +193.83% | -8.69% |
| 5-year return | +261.46% | — |
| P/E ratio (TTM) | 54.77 | 24.30 |
| Forward P/E | 34.22 | 20.15 |
| EPS (TTM) | $7.28 | $3.97 |
| Dividend yield | 0.13% | 0.52% |
| Annual dividend | $0.50 | $0.50 |
| Revenue (latest FY) | $3.19B | $5.50B |
| Revenue growth (YoY) | +13.13% | +5.97% |
| Net income (latest FY) | $554.05M | $940.00M |
| Gross margin | 58.22% | 59.95% |
| Operating margin | 20.38% | 23.21% |
| Net margin | 17.37% | 17.08% |
| 52-week high | $487.91 | $105.75 |
| 52-week low | $131.75 | $80.03 |
| Distance from 52-week high | -18.28% | -8.77% |
| Analyst consensus | buy | buy |
| Avg. price target upside | +11.98% | +18.16% |
| Average volume | 2.86M | 1.65M |
| Shares outstanding | 156.34M | 243.79M |
| Employees | 6,600 | 17,000 |
| Sector | Industrials | 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
- Teradyne is about 2.7 times larger than Veralto by market value ($62.34B vs $23.52B).
- TER has outperformed VLTO by 202.5 percentage points over the past year.
- Teradyne trades at a higher earnings multiple (54.8x vs 24.3x trailing P/E).
- Teradyne grew revenue faster in its latest fiscal year (+13.13% vs +5.97%).
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
About Veralto
VLTO stock →Veralto Corporation provides water analytics, water treatment, marking and coding, and packaging and color solutions worldwide. It operates through two segments, Water Quality (WQ) and Product Quality & Innovation (PQI).
Industrials · Electrical Products · 17,000 employees
TER vs VLTO FAQ
Which is bigger, Teradyne or Veralto?
Teradyne (TER) is larger, with a market capitalization of $62.34B compared with $23.52B for Veralto (VLTO).
Which stock has performed better over the past year, TER or VLTO?
TER returned +193.83% over the past 12 months, compared with -8.69% for VLTO (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, TER or VLTO?
VLTO has the lower trailing P/E at 24.3, versus 54.8 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, Teradyne or Veralto?
Veralto has the higher yield at 0.52%, compared with 0.13% for Teradyne.
Are Teradyne and Veralto in the same industry?
Yes. Both are classified in the Electrical Products industry within the Industrials sector.