Teradyne Inc (TER) — Capital Reinvestment Ratio
Teradyne Inc (TER) has a Capital Reinvestment Ratio of 0.22x as of December 2025, meaning it reinvests 0% of its operating cash flow ($281.64 Million) in capital expenditures ($62.89 Million). Check tangible net worth ratio of Teradyne Inc to evaluate the tangible quality of the company's equity base.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Teradyne Inc Capital Reinvestment Ratio (1989–2025)
This chart tracks Teradyne Inc's Capital Reinvestment Ratio across 35 annual periods. For the full cash flow conversion analysis, see cash flow conversion of Teradyne Inc.
Annual Capital Reinvestment Ratio for Teradyne Inc (1989–2025)
Year-by-year Capital Reinvestment Ratio for Teradyne Inc from 1989 to 2025. See Teradyne Inc free cash flow efficiency to measure how efficiently the company converts operating cash flow to free cash.
| Year | Reinvestment Ratio | Operating CF (USD) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.33x | $674.41 Million | $224.01 Million | ▲ +12.7% |
| 2024 | 0.29x | $672.18 Million | $198.09 Million | ▲ +8.0% |
| 2023 | 0.27x | $585.23 Million | $159.64 Million | ▼ -3.4% |
| 2022 | 0.28x | $577.92 Million | $163.25 Million | ▲ +134.2% |
| 2021 | 0.12x | $1.10 Billion | $132.47 Million | ▼ -43.3% |
| 2020 | 0.21x | $868.93 Million | $184.98 Million | ▼ -8.5% |
| 2019 | 0.23x | $578.75 Million | $134.64 Million | ▼ -3.0% |
| 2018 | 0.24x | $476.88 Million | $114.38 Million | ▲ +42.6% |
| 2017 | 0.17x | $626.50 Million | $105.38 Million | ▼ -12.1% |
| 2016 | 0.19x | $445.80 Million | $85.27 Million | ▼ -12.6% |
| 2015 | 0.22x | $410.59 Million | $89.88 Million | ▼ -36.3% |
| 2014 | 0.34x | $492.06 Million | $168.98 Million | ▼ -14.0% |
| 2013 | 0.40x | $267.27 Million | $106.73 Million | ▲ +35.7% |
| 2012 | 0.29x | $404.53 Million | $119.08 Million | ▼ -6.4% |
| 2011 | 0.31x | $273.76 Million | $86.10 Million | ▲ +134.4% |
| 2010 | 0.13x | $566.80 Million | $76.04 Million | ▼ -61.2% |
| 2009 | 0.35x | $121.32 Million | $41.93 Million | ▼ -35.3% |
| 2008 | 0.53x | $163.13 Million | $87.20 Million | ▼ -20.4% |
| 2007 | 0.67x | $128.19 Million | $86.09 Million | ▲ +173.8% |
| 2006 | 0.25x | $450.09 Million | $110.42 Million | ▼ -96.9% |
| 2005 | 7.92x | $14.32 Million | $113.47 Million | ▲ +1206.3% |
| 2004 | 0.61x | $254.83 Million | $154.56 Million | ▼ -32.8% |
| 2003 | 0.90x | $34.17 Million | $30.83 Million | ▲ +80.7% |
| 2000 | 0.50x | $470.86 Million | $235.19 Million | ▲ +53.2% |
| 1999 | 0.33x | $367.48 Million | $119.78 Million | ▼ -34.9% |
| 1998 | 0.50x | $238.62 Million | $119.46 Million | ▼ -93.7% |
| 1997 | 7.91x | $13.45 Million | $106.44 Million | ▲ +3235.8% |
| 1996 | 0.24x | $250.82 Million | $59.49 Million | ▼ -65.4% |
| 1995 | 0.69x | $115.54 Million | $79.20 Million | ▲ +149.6% |
| 1994 | 0.27x | $89.41 Million | $24.56 Million | ▲ +22.6% |
| 1993 | 0.22x | $91.80 Million | $20.57 Million | ▼ -53.2% |
| 1992 | 0.48x | $40.70 Million | $19.50 Million | ▲ +6.0% |
| 1991 | 0.45x | $32.30 Million | $14.60 Million | ▼ -33.3% |
| 1990 | 0.68x | $40.90 Million | $27.70 Million | ▼ -9.9% |
| 1989 | 0.75x | $59.10 Million | $44.40 Million | — |