TER vs. AMAT

Last updated Apr 1, 2026

Compare and contrast key facts about Teradyne, Inc. (TER) and Applied Materials, Inc. (AMAT).

Performance

TER vs. AMAT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Teradyne, Inc. (TER) and Applied Materials, Inc. (AMAT). The values are adjusted to include any dividend payments, if applicable.

TER vs. AMAT - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
TER Teradyne, Inc.	53.23%	54.39%	16.51%	24.78%	-46.35%	36.81%	76.73%	118.93%	-24.37%	66.16%
AMAT Applied Materials, Inc.	33.16%	59.60%	1.13%	67.97%	-37.54%	83.64%	43.29%	89.86%	-34.92%	59.86%

Fundamentals

Market Cap TER : $46.74B AMAT : $273.09B
EPS TER : $3.48 AMAT : $9.73
PE Ratio TER : 85.22 AMAT : 35.13
PS Ratio TER : 14.80 AMAT : 9.76
PB Ratio TER : 16.72 AMAT : 12.57
Total Revenue (TTM) TER : $3.19B AMAT : $28.21B
Gross Profit (TTM) TER : $1.86B AMAT : $13.75B
EBITDA (TTM) TER : $779.72M AMAT : $9.59B

Returns By Period

In the year-to-date period, TER achieves a 53.23% return, which is significantly higher than AMAT's 33.16% return. Over the past 10 years, TER has underperformed AMAT with an annualized return of 30.61%, while AMAT has yielded a comparatively higher 33.40% annualized return.

TER

• 1D: 7.28%
• 1M: -7.36%
• YTD: 53.23%
• 6M: 115.64%
• 1Y: 260.24%
• 3Y*: 40.80%
• 5Y*: 18.61%
• 10Y*: 30.61%

AMAT

• 1D: 5.78%
• 1M: -8.20%
• YTD: 33.16%
• 6M: 67.47%
• 1Y: 137.63%
• 3Y*: 41.87%
• 5Y*: 20.31%
• 10Y*: 33.40%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

TER vs. AMAT — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

TER

TER Risk / Return Rank: 98
TER Sharpe Ratio Rank: 99
TER Sortino Ratio Rank: 98
TER Omega Ratio Rank: 96
TER Calmar Ratio Rank: 99
TER Martin Ratio Rank: 99

AMAT

AMAT Risk / Return Rank: 95
AMAT Sharpe Ratio Rank: 96
AMAT Sortino Ratio Rank: 92
AMAT Omega Ratio Rank: 93
AMAT Calmar Ratio Rank: 96
AMAT Martin Ratio Rank: 96

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

TER vs. AMAT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Teradyne, Inc. (TER) and Applied Materials, Inc. (AMAT). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	TER	AMAT	Difference
Sharpe ratio Return per unit of total volatility	4.21	2.82	+1.39
Sortino ratio Return per unit of downside risk	4.28	3.05	+1.23
Omega ratio Gain probability vs. loss probability	1.57	1.43	+0.14
Calmar ratio Return relative to maximum drawdown	12.75	6.44	+6.30
Martin ratio Return relative to average drawdown	38.79	17.96	+20.84
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

TER vs. AMAT - Sharpe Ratio Comparison

The current TER Sharpe Ratio is 4.21, which is higher than the AMAT Sharpe Ratio of 2.82. The chart below compares the historical Sharpe Ratios of TER and AMAT, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	TER	AMAT	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	4.21	2.82	+1.39
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.39	0.47	-0.08
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.70	0.79	-0.09
Sharpe Ratio (All Time) Calculated using the full available price history	0.21	0.41	-0.20

Correlation

The correlation between TER and AMAT is 0.62, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

TER vs. AMAT - Dividend Comparison

TER's dividend yield for the trailing twelve months is around 0.17%, less than AMAT's 0.54% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
TER Teradyne, Inc.	0.17%	0.25%	0.38%	0.41%	0.50%	0.24%	0.33%	0.53%	1.15%	0.67%	0.94%	1.16%
AMAT Applied Materials, Inc.	0.54%	0.69%	0.93%	0.75%	1.05%	0.60%	1.01%	1.36%	2.14%	0.78%	1.24%	2.14%

Drawdowns

TER vs. AMAT - Drawdown Comparison

The maximum TER drawdown since its inception was -97.30%, which is greater than AMAT's maximum drawdown of -85.22%. Use the drawdown chart below to compare losses from any high point for TER and AMAT.

Drawdown Indicators

	TER	AMAT	Difference
Max Drawdown Largest peak-to-trough decline	-97.30%	-85.22%	-12.08%
Max Drawdown (1Y) Largest decline over 1 year	-20.35%	-21.37%	+1.02%
Max Drawdown (5Y) Largest decline over 5 years	-59.12%	-55.14%	-3.98%
Max Drawdown (10Y) Largest decline over 10 years	-59.12%	-55.14%	-3.98%
Current Drawdown Current decline from peak	-13.52%	-13.46%	-0.06%
Average Drawdown Average peak-to-trough decline	-58.93%	-38.96%	-19.97%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.69%	7.67%	-0.98%

Volatility

TER vs. AMAT - Volatility Comparison

Teradyne, Inc. (TER) has a higher volatility of 23.19% compared to Applied Materials, Inc. (AMAT) at 17.09%. This indicates that TER's price experiences larger fluctuations and is considered to be riskier than AMAT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	TER	AMAT	Difference
Volatility (1M) Calculated over the trailing 1-month period	23.19%	17.09%	+6.10%
Volatility (6M) Calculated over the trailing 6-month period	45.67%	34.94%	+10.73%
Volatility (1Y) Calculated over the trailing 1-year period	62.25%	49.10%	+13.15%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	47.65%	43.28%	+4.37%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	43.72%	42.40%	+1.32%

Financials

TER vs. AMAT - Profitability Comparison

The chart below illustrates the profitability comparison between Teradyne, Inc. and Applied Materials, Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

TER - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Teradyne, Inc. reported a gross profit of 622.85M and revenue of 1.08B. Therefore, the gross margin over that period was 57.5%.

AMAT - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Applied Materials, Inc. reported a gross profit of 3.44B and revenue of 7.01B. Therefore, the gross margin over that period was 49.0%.

TER - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Teradyne, Inc. reported an operating income of 310.18M and revenue of 1.08B, resulting in an operating margin of 28.6%.

AMAT - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Applied Materials, Inc. reported an operating income of 2.10B and revenue of 7.01B, resulting in an operating margin of 29.9%.

TER - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Teradyne, Inc. reported a net income of 257.22M and revenue of 1.08B, resulting in a net margin of 23.7%.

AMAT - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Applied Materials, Inc. reported a net income of 2.03B and revenue of 7.01B, resulting in a net margin of 28.9%.