Teradyne Inc (TER) — Financial Flexibility Index

Latest as of December 2025: 0.25x

Teradyne Inc (TER) has a Financial Flexibility Index of 0.25x as of December 2025. Free cash flow of $344.53 Million (operating CF $281.64 Million minus capex $62.89 Million) represents 0% of total liabilities ($1.37 Billion). Check Teradyne Inc strategic asset allocation index to assess the company's strategic physical and investment asset allocation.

Financial Flexibility Index

0.25x
Free Cash Flow / Total Liabilities

Free Cash Flow

$344.53 Million
Operating CF − Capex

Total Liabilities

$1.37 Billion
USD

Capital Expenditures

$62.89 Million
USD

Teradyne Inc Financial Flexibility Index (1989–2025)

Historical Financial Flexibility Index trend for Teradyne Inc across 37 annual periods. See how liquid is Teradyne Inc's working capital to evaluate short-term liquidity relative to the company's equity base.

Annual Financial Flexibility Index for Teradyne Inc (1989–2025)

Year-by-year free cash flow to debt coverage for Teradyne Inc. For the full company profile including market capitalisation, see TER stock market capitalisation.

Year Flexibility Index Free Cash Flow (USD) Operating CF Total Liabilities YoY Change
2025 0.65x $898.42 Million $674.41 Million $1.37 Billion ▼ -33.2%
2024 0.98x $870.27 Million $672.18 Million $889.42 Million ▲ +26.2%
2023 0.78x $744.87 Million $585.23 Million $960.93 Million ▲ +9.8%
2022 0.71x $741.17 Million $577.92 Million $1.05 Billion ▼ -28.6%
2021 0.99x $1.23 Billion $1.10 Billion $1.25 Billion ▲ +35.2%
2020 0.73x $1.05 Billion $868.93 Million $1.44 Billion ▲ +33.9%
2019 0.55x $713.39 Million $578.75 Million $1.31 Billion ▲ +9.3%
2018 0.50x $591.26 Million $476.88 Million $1.18 Billion ▼ -21.1%
2017 0.63x $731.87 Million $626.50 Million $1.16 Billion ▲ +11.3%
2016 0.57x $531.07 Million $445.80 Million $933.83 Million ▼ -33.8%
2015 0.86x $500.47 Million $410.59 Million $582.89 Million ▼ -40.3%
2014 1.44x $661.04 Million $492.06 Million $459.54 Million ▲ +148.0%
2013 0.58x $374.01 Million $267.27 Million $644.73 Million ▼ -27.9%
2012 0.80x $523.61 Million $404.53 Million $650.99 Million ▲ +52.8%
2011 0.53x $359.86 Million $273.76 Million $683.58 Million ▼ -43.6%
2010 0.93x $642.84 Million $566.80 Million $688.17 Million ▲ +226.6%
2009 0.29x $163.25 Million $121.32 Million $570.76 Million ▼ -39.5%
2008 0.47x $250.34 Million $163.13 Million $529.13 Million ▼ -28.0%
2007 0.66x $214.28 Million $128.19 Million $326.11 Million ▼ -57.8%
2006 1.56x $560.50 Million $450.09 Million $359.87 Million ▲ +652.1%
2005 0.21x $127.80 Million $14.32 Million $617.07 Million ▼ -60.1%
2004 0.52x $409.39 Million $254.83 Million $789.00 Million ▲ +567.2%
2003 0.08x $65.00 Million $34.17 Million $835.79 Million ▲ +59.7%
2002 0.05x $42.19 Million $-4.25 Million $866.20 Million ▼ -68.2%
2001 0.15x $119.21 Million $-78.97 Million $778.01 Million ▼ -85.9%
2000 1.09x $706.05 Million $470.86 Million $648.90 Million ▼ -7.3%
1999 1.17x $487.26 Million $367.48 Million $415.18 Million ▼ -6.1%
1998 1.25x $358.08 Million $238.62 Million $286.44 Million ▲ +228.0%
1997 0.38x $119.89 Million $13.45 Million $314.54 Million ▼ -68.7%
1996 1.22x $310.32 Million $250.82 Million $254.81 Million ▲ +65.1%
1995 0.74x $194.74 Million $115.54 Million $263.98 Million ▲ +5.3%
1994 0.70x $113.96 Million $89.41 Million $162.69 Million ▼ -22.5%
1993 0.90x $112.37 Million $91.80 Million $124.33 Million ▲ +74.9%
1992 0.52x $60.20 Million $40.70 Million $116.50 Million ▲ +25.7%
1991 0.41x $46.90 Million $32.30 Million $114.10 Million ▼ -31.6%
1990 0.60x $68.60 Million $40.90 Million $114.10 Million ▼ -27.3%
1989 0.83x $103.50 Million $59.10 Million $125.20 Million
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities