Advanced Energy vs Teradyne
Teradyne reported revenue of $3.2 billion in fiscal 2025, 1.8 times Advanced Energy's $1.8 billion in fiscal 2025. Advanced Energy's revenue grew 21.4% in its latest year, and Teradyne's grew 13.1%. Advanced Energy had an operating margin of 9.3%, against 20.4% at Teradyne. Free cash flow was $126 million at Advanced Energy and $450 million at Teradyne.
Side by side
| Advanced Energy | Teradyne | |
|---|---|---|
| Latest fiscal year | FY2025, Dec 31, 2025 | FY2025, Dec 31, 2025 |
| Revenue | $1.8B | $3.2B |
| Revenue growth | 21.4% | 13.1% |
| Revenue growth a year, last 5 years | 4.9% | 0.4% |
| Gross margin | 37.7% | 58.2% |
| Operating margin | 9.3% | 20.4% |
| Net margin | 8.2% | 17.4% |
| Free cash flow | $126M | $450M |
| Free cash flow margin | 7.0% | 14.1% |
| Return on capital | 13.6% | 23.0% |
| Net debt to EBITDA | −1.0x | −0.1x |
| Dividends and buybacks | $46M | $778M |
| Change in diluted share count | 2.1% | −2.2% |
| Last close | $221.13 | $309.00 |
| P/E at the last close | 41.1× | 89.0× |
| Insider trades, last 12 months | sold $34.4 million | sold $16.0 million |
| Piotroski F-score | 6 of 9 | 5 of 9 |
Amounts in each company's own currency, US$ unless marked (a foreign company may report in another), each company's latest fiscal year from its 10-K, or 20-F or 40-F for a foreign company. Growth rates compare with the year before; the five-year rate is the average a year. Free cash flow is cash from operations minus capital spending; return on capital is after-tax operating income over the money invested in the business; P/E is the last close over the latest earnings per share. Banks are measured differently (return on equity, efficiency ratio), so some rows apply to one company only.
Ten years
Revenue
US$ billions, fiscal years
Advanced EnergyTeradyne
Operating margin
Percent of revenue
Advanced EnergyTeradyne
Free cash flow
US$ billions. Cash from operations minus capital expenditure.
Advanced EnergyTeradyne
Source: the companies' Form 10-K filings, from SEC EDGAR, and the last close. For information only, not investment advice: the figures describe results, not which company is the better investment. The Filing Desk is not affiliated with either company. Full figures on the Advanced Energy and Teradyne pages.