TERADYNE, INCTER

Market cap

$19.5B

P/E ratio

	Dec 31, 2010	Dec 31, 2011	Dec 31, 2012	Dec 31, 2013	Dec 31, 2014	Dec 31, 2015	Dec 31, 2016	Dec 31, 2017	Dec 31, 2018	Dec 31, 2019	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022
Revenues	1,609	1,429	1,657	1,428	1,648	1,640	1,753	2,137	2,101	2,295	3,121	3,703	3,155
Cost of Goods and Services Sold	-	-	-	-	-	-	-	-	880	955	1,336	1,496	1,288
Gross profit	873	714	886	809	879	916	960	1,224	1,220	1,340	1,786	2,207	1,867
Selling and administrative	230	234	282	280	320	306	316	348	391	437	465	548	558
Engineering and development	197	196	251	264	292	292	291	306	302	323	375	428	441
Amortization of Intangible Assets	29	40	74	72	71	69	53	31	39	40	31	22	19
Restructuring and other	-	-	-8	2	1	5	22	9	15	-14	-13	9	17
Total operating expenses	459	478	599	618	782	673	1,020	694	747	786	857	1,006	1,035
Income from operations	413	236	287	191	96	243	-60	530	474	554	928	1,201	832
Interest income	8	7	4	4	6	7	9	18	27	25	6	3	6
Interest expense	-	24	25	-	7	2	4	22	31	23	24	18	4
Other (income) expense, net	-27	-	-	-	-0	5	-1	-2	-1	-30	-9	-25	6
Income before income taxes	395	219	266	202	95	253	-55	524	468	526	901	1,161	840
Income tax provision	15	-129	49	37	14	47	-12	267	16	58	117	146	125
Net income	380	374	217	165	81	206	-43	258	452	467	784	1,015	716
Basic	2.11	2.02	1.16	0.86	0.4	0.98	-0.21	1.3	2.41	2.74	4.72	6.15	4.52
Diluted	1.73	1.65	0.94	0.7	0.37	0.97	-0.21	1.28	2.35	2.6	4.28	5.53	4.22