Teradyne Inc (TER)

Gross profit margin

		Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020
Gross profit (ttm)	US$ in thousands	1,644,650	1,576,431	1,540,602	1,519,220	1,534,589	1,575,970	1,660,664	1,764,847	1,867,150	1,973,750	2,059,372	2,199,972	2,206,657	2,129,397	2,017,324	1,841,808	1,785,740	1,719,189	1,605,299	1,457,744
Revenue (ttm)	US$ in thousands	2,817,600	2,735,316	2,697,790	2,651,934	2,670,386	2,731,622	2,858,923	3,015,666	3,155,045	3,308,256	3,431,684	3,676,648	3,702,884	3,576,805	3,445,788	3,198,719	3,121,468	3,017,150	2,779,704	2,505,221
Gross profit margin		58.37%	57.63%	57.11%	57.29%	57.47%	57.69%	58.09%	58.52%	59.18%	59.66%	60.01%	59.84%	59.59%	59.53%	58.54%	57.58%	57.21%	56.98%	57.75%	58.19%

December 31, 2024 calculation

Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $1,644,650K ÷ $2,817,600K
= 58.37%

Teradyne Inc's gross profit margin has shown fluctuation over the past few years, ranging from a low of 56.98% in September 2020 to a high of 60.01% in June 2022. The trend generally indicates a gradual improvement in the company's ability to generate gross profit from its revenue. However, there are some variations, with occasional dips such as in December 2022 and slight decreases in the margins in subsequent periods. Overall, the company has maintained strong margins above 57%, with the most recent reported margin standing at 58.37% as of December 31, 2024. It suggests that Teradyne Inc has been able to effectively manage its production costs and pricing strategies to preserve a healthy level of gross profit relative to its revenue.