Teradyne Gross Profit vs Operating Income Analysis

TER Stock  USD 139.62  1.40  0.99%   
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 Gross Profit and its Operating Income 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 tightly coupled 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.

Gross Profit vs Operating Income

Gross Profit vs Operating Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Teradyne Gross Profit account and Operating Income. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Teradyne's Gross Profit and Operating Income is 0.88. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Operating Income in the same time period over historical financial statements of Teradyne, assuming nothing else is changed. The correlation between historical values of Teradyne's Gross Profit and Operating Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Gross Profit of Teradyne are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Gross Profit i.e., Teradyne's Gross Profit and Operating Income go up and down completely randomly.

Correlation Coefficient

0.88
Relationship DirectionPositive 
Relationship StrengthStrong

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Teradyne minus its cost of goods sold. It is profit before Teradyne operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

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.
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 tightly coupled 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 06/05/2024, 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 Revenue3.7B3.2B2.7B1.6B
Depreciation And Amortization126.8M145.1M110.7M96.3M

Teradyne fundamental ratios Correlations

0.40.510.910.930.75-0.520.390.670.790.260.790.810.290.540.710.620.950.830.960.220.60.850.530.560.24
0.40.210.20.22-0.010.23-0.430.120.35-0.310.620.190.270.74-0.140.10.530.570.370.34-0.030.250.510.450.52
0.510.210.660.380.46-0.570.090.680.340.180.320.65-0.040.350.470.840.430.580.52-0.330.20.68-0.01-0.06-0.29
0.910.20.660.810.85-0.720.370.830.620.460.620.940.040.460.860.750.820.830.920.040.720.90.230.27-0.07
0.930.220.380.810.72-0.50.660.490.860.180.630.680.370.220.680.550.870.580.840.230.510.750.580.630.23
0.75-0.010.460.850.72-0.790.480.760.540.680.310.89-0.080.20.920.560.640.590.74-0.250.830.820.10.18-0.29
-0.520.23-0.57-0.72-0.5-0.79-0.39-0.86-0.35-0.76-0.12-0.740.03-0.04-0.79-0.57-0.44-0.41-0.530.46-0.75-0.68-0.01-0.070.57
0.39-0.430.090.370.660.48-0.390.070.460.090.050.280.17-0.520.440.320.2-0.130.310.060.220.350.170.220.0
0.670.120.680.830.490.76-0.860.070.350.720.430.850.010.510.750.610.630.770.72-0.320.80.790.10.14-0.35
0.790.350.340.620.860.54-0.350.460.350.120.430.420.610.190.540.380.830.460.580.110.360.590.750.780.12
0.26-0.310.180.460.180.68-0.760.090.720.12-0.070.52-0.010.10.690.20.240.310.28-0.460.870.46-0.040.03-0.58
0.790.620.320.620.630.31-0.120.050.430.43-0.070.540.310.760.210.390.760.810.840.530.30.560.530.520.68
0.810.190.650.940.680.89-0.740.280.850.420.520.54-0.20.480.840.730.70.810.88-0.090.760.910.020.06-0.15
0.290.27-0.040.040.37-0.080.030.170.010.61-0.010.31-0.20.1-0.08-0.070.40.090.10.260.040.060.910.880.36
0.540.740.350.460.220.2-0.04-0.520.510.190.10.760.480.10.160.240.620.880.620.210.320.450.290.270.37
0.71-0.140.470.860.680.92-0.790.440.750.540.690.210.84-0.080.160.620.630.560.69-0.230.810.820.050.14-0.41
0.620.10.840.750.550.56-0.570.320.610.380.20.390.73-0.070.240.620.510.560.64-0.020.330.810.050.0-0.15
0.950.530.430.820.870.64-0.440.20.630.830.240.760.70.40.620.630.510.830.880.220.560.770.650.690.24
0.830.570.580.830.580.59-0.41-0.130.770.460.310.810.810.090.880.560.560.830.890.150.590.770.310.310.19
0.960.370.520.920.840.74-0.530.310.720.580.280.840.880.10.620.690.640.880.890.240.630.850.350.390.26
0.220.34-0.330.040.23-0.250.460.06-0.320.11-0.460.53-0.090.260.21-0.23-0.020.220.150.24-0.13-0.060.390.350.82
0.6-0.030.20.720.510.83-0.750.220.80.360.870.30.760.040.320.810.330.560.590.63-0.130.70.160.25-0.27
0.850.250.680.90.750.82-0.680.350.790.590.460.560.910.060.450.820.810.770.770.85-0.060.70.260.27-0.08
0.530.51-0.010.230.580.1-0.010.170.10.75-0.040.530.020.910.290.050.050.650.310.350.390.160.260.990.5
0.560.45-0.060.270.630.18-0.070.220.140.780.030.520.060.880.270.140.00.690.310.390.350.250.270.990.46
0.240.52-0.29-0.070.23-0.290.570.0-0.350.12-0.580.68-0.150.360.37-0.41-0.150.240.190.260.82-0.27-0.080.50.46
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Teradyne Account Relationship Matchups

Teradyne fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.8B3.7B3.8B3.5B3.5B1.9B
Short Long Term Debt Total460.0M472.8M184.6M132.9M82.6M78.5M
Other Current Liab288.1M378.6M458.6M389.5M7.4M7.0M
Total Current Liabilities539.0M700.9M797.1M746.3M660.0M353.1M
Total Stockholder Equity1.5B2.2B2.6B2.5B2.5B1.3B
Property Plant And Equipment Net377.8M449.4M456.0M492.4M518.9M378.5M
Net Debt(313.9M)(441.4M)(937.6M)(721.9M)(675.0M)(641.2M)
Retained Earnings(241.9M)387.4M736.6M725.7M706.5M358.8M
Cash773.9M914.1M1.1B854.8M757.6M795.4M
Non Current Assets Total1.1B1.2B1.2B1.2B1.3B823.9M
Non Currrent Assets Other41.4M26.9M39.2M40.7M50.1M70.2M
Cash And Short Term Investments911.2M1.4B1.4B894.4M819.7M568.6M
Net Receivables362.4M497.5M550.7M491.1M422.1M235.9M
Common Stock Shares Outstanding179.5M183.0M183.6M169.7M164.3M220.4M
Liabilities And Stockholders Equity2.8B3.7B3.8B3.5B3.5B1.9B
Non Current Liabilities Total765.5M744.5M441.9M303.7M301.0M269.8M
Inventory196.7M222.2M243.3M325.0M310.0M185.0M
Other Current Assets188.6M259.3M415.7M547.4M38.0M36.1M
Other Stockholder Equity1.7B1.8B1.8B1.8B1.8B1.1B
Total Liab1.3B1.4B1.2B1.0B960.9M622.9M
Total Current Assets1.7B2.4B2.6B2.3B2.2B1.1B
Short Term Debt19.5M53.9M39.2M68.7M17.5M16.6M
Accounts Payable126.6M133.7M153.1M139.7M180.1M189.1M
Current Deferred Revenue104.9M134.7M146.2M148.3M99.8M82.5M
Common Stock20.8M20.8M20.3M19.5M19.1M22.1M
Common Stock Total Equity20.8M20.8M20.3M19.5M22.4M22.8M
Short Term Investments137.3M522.3M244.2M39.6M62.2M59.0M
Property Plant And Equipment Gross377.8M394.8M456.0M492.4M1.4B1.5B
Accumulated Other Comprehensive Income(18.9M)33.5M(5.9M)(49.9M)(27.0M)(28.3M)
Other Assets104.0M114.8M139.9M183.5M211.0M221.5M
Long Term Debt380.0M394.7M376.8M89.2M80.3M76.3M
Property Plant Equipment320.2M394.8M456.0M418.7M376.8M314.1M
Other Liab327.3M325.6M296.4M239.5M275.4M200.2M
Good Will416.4M453.9M426.0M403.2M415.7M290.6M
Intangible Assets125.5M100.9M75.6M53.5M35.4M33.6M
Net Tangible Assets938.2M1.7B2.1B2.0B2.3B1.5B
Retained Earnings Total Equity(241.9M)387.4M736.6M725.7M834.6M876.3M
Capital Surpluse1.7B1.8B1.8B1.8B2.0B1.7B

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Additional Tools for Teradyne Stock Analysis

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