MPWR vs. TER: Monolithic Power Systems vs. Teradyne Stock Comparison

November 11, 2026

How do Monolithic Power Systems (MPWR) and Teradyne (TER) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.

Company Profile

Monolithic Power Systems (MPWR) and Teradyne (TER) both belong to the Semiconductors & Semiconductor Equipment industry, though MPWR is classified under Semiconductors while TER falls under Semiconductor Materials & Equipment.

Company profile comparison for Monolithic Power Systems (MPWR) and Teradyne (TER)
Profile Item	MPWR	TER
Name	Monolithic Power Systems Inc.	Teradyne, Inc.
Country/Region	United States	United States
GICS Sector	Information Technology	Information Technology
GICS Industry Group	Semiconductors & Semiconductor Equipment	Semiconductors & Semiconductor Equipment
GICS Industry	Semiconductors & Semiconductor Equipment	Semiconductors & Semiconductor Equipment
GICS Sub-Industry	Semiconductors	Semiconductor Materials & Equipment
Market Capitalization	58.06 billion USD	34.07 billion USD
Currency	USD	USD
Exchange	Nasdaq	Nasdaq
Listing Date	November 19, 2004	February 21, 1973
Security Type	Common Stock	Common Stock

Price Performance

Cumulative Growth

MPWR

TER

GSPC

Monolithic Power Systems (MPWR) vs. Teradyne (TER), with S&P 500 (GSPC) for reference: Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Trailing Returns

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Trailing total returns for Monolithic Power Systems (MPWR) and Teradyne (TER). Returns over one year are annualized.

Calendar-Year Returns

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Calendar-year total returns for Monolithic Power Systems (MPWR) and Teradyne (TER). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for Monolithic Power Systems (MPWR) and Teradyne (TER)
Metric	MPWR	TER
Total Return (1Y)	42.29%	31.13%
Total Return (3Y, Annualized)	42.13%	41.60%
Total Return (5Y, Annualized)	20.48%	10.83%

Risk Profile

Drawdown History

MPWR

TER

GSPC

Monolithic Power Systems (MPWR) vs. Teradyne (TER), with S&P 500 (GSPC) for reference: Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Return Distribution

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Distribution of monthly total returns for Monolithic Power Systems (MPWR) and Teradyne (TER). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for Monolithic Power Systems (MPWR) and Teradyne (TER)
Metric	MPWR	TER
Volatility (1Y, Annualized)	57.22%	78.35%
Beta (5Y)	1.67	1.78
Max Drawdown (5Y)	-51.65%	-59.12%
Avg. Volume (3M)	776.23K	3.01M

Risk-Adjusted Performance

Risk-Return Positioning

MPWR and TER are plotted by 1-year volatility (risk) and 1-year return. The dashed Capital Allocation Line runs from the risk-free rate through the shared industry median.

Risk-Adjusted Metrics

Risk-adjusted metrics for Monolithic Power Systems (MPWR) and Teradyne (TER)
Metric	MPWR	TER
Sharpe Ratio (1Y)	0.66	0.34
Sortino Ratio (1Y)	0.98	0.48

Profitability

ROE (TTM)

Both Monolithic Power Systems (MPWR) at 24.47% and Teradyne (TER) at 42.72% sit in the top peer quartile for ROE, suggesting each generates more profit from shareholders’ equity than typical industry peers.

MPWR

Semiconductors & Semiconductor Equipment industry group

24.47%

Max: 52.82%
MPWR: 24.47%
Q3: 22.26%
Median: 10.58%
Q1: 1.29%
Min: -16.89%

TER

Semiconductors & Semiconductor Equipment industry group

42.72%

Max: 52.82%
TER: 42.72%
Q3: 22.26%
Median: 10.58%
Q1: 1.29%
Min: -16.89%

Monolithic Power Systems (MPWR) vs. Teradyne (TER): A comparison of their ROE against the Semiconductors & Semiconductor Equipment industry group benchmark.

Net Margin (TTM)

Both Monolithic Power Systems (MPWR) at 23.89% and Teradyne (TER) at 27.46% keep about the typical share of revenue as profit for their industries — neither bottom line stands out from peers.

MPWR

Semiconductors & Semiconductor Equipment industry group

23.89%

Max: 63.80%
Q3: 28.36%
MPWR: 23.89%
Median: 11.44%
Q1: 0.90%
Min: -37.77%

TER

Semiconductors & Semiconductor Equipment industry group

27.46%

Max: 63.80%
Q3: 28.36%
TER: 27.46%
Median: 11.44%
Q1: 0.90%
Min: -37.77%

Monolithic Power Systems (MPWR) vs. Teradyne (TER): A comparison of their net margin against the Semiconductors & Semiconductor Equipment industry group benchmark.

Operating Margin (TTM)

Teradyne (TER) at 30.87% operates in the top operating margin quartile, ahead of Monolithic Power Systems (MPWR) at 29.75%, which runs around its industry’s norm.

MPWR

Semiconductors & Semiconductor Equipment industry group

29.75%

Max: 58.66%
Q3: 30.23%
MPWR: 29.75%
Median: 15.91%
Q1: 7.54%
Min: -25.74%

TER

Semiconductors & Semiconductor Equipment industry group

30.87%

Max: 58.66%
TER: 30.87%
Q3: 30.23%
Median: 15.91%
Q1: 7.54%
Min: -25.74%

Monolithic Power Systems (MPWR) vs. Teradyne (TER): A comparison of their operating margin against the Semiconductors & Semiconductor Equipment industry group benchmark.

Profitability Metrics

Profitability metrics for Monolithic Power Systems (MPWR) and Teradyne (TER)
Metric	MPWR	TER
ROE (TTM)	24.47%	42.72%
ROA (TTM)	15.52%	21.59%
Net Margin (TTM)	23.89%	27.46%
Operating Margin (TTM)	29.75%	30.87%
Gross Margin (TTM)	55.26%	59.32%

Growth

Revenue Growth

Monolithic Power Systems (MPWR) at 26.43% sits in the top revenue growth quartile, while Teradyne (TER) at 13.13% is closer to the peer norm — faster top-line expansion for MPWR.

Monolithic Power Systems (MPWR) vs. Teradyne (TER): A comparison of their Revenue Growth across different time periods.

EPS Growth

Teradyne (TER) at 4.52% is around its peer norm for EPS growth, while Monolithic Power Systems (MPWR) at -64.85% drops into the bottom quartile, signaling weaker earnings momentum.

Monolithic Power Systems (MPWR) vs. Teradyne (TER): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for Monolithic Power Systems (MPWR) and Teradyne (TER)
Metric	MPWR	TER
Revenue Growth (YoY)	26.43%	13.13%
Revenue Growth (3Y CAGR)	15.86%	0.37%
EPS Growth (YoY)	-64.85%	4.52%
EPS Growth (3Y CAGR)	12.43%	-6.31%

Financial Strength

Current Ratio (MRQ)

Monolithic Power Systems (MPWR) at 3.70 keeps current ratio within its industry’s typical mid-range, while Teradyne (TER) at 2.08 runs in the tighter-liquidity quartile — a thinner cushion against current liabilities for TER.

MPWR

Semiconductors & Semiconductor Equipment industry group

3.70

Max: 10.33
Q3: 5.62
MPWR: 3.70
Median: 3.33
Q1: 2.35
Min: 1.03

TER

Semiconductors & Semiconductor Equipment industry group

2.08

Max: 10.33
Q3: 5.62
Median: 3.33
Q1: 2.35
TER: 2.08
Min: 1.03

Monolithic Power Systems (MPWR) vs. Teradyne (TER): A comparison of their current ratio against the Semiconductors & Semiconductor Equipment industry group benchmark.

Debt / Equity (MRQ)

Both Monolithic Power Systems (MPWR) at 0.01 and Teradyne (TER) at 0.04 keep leverage in the lower quartile of their industries, with less balance-sheet debt relative to equity than most peers.

MPWR

Semiconductors & Semiconductor Equipment industry group

0.01

Max: 1.46
Q3: 0.65
Median: 0.27
Q1: 0.04
MPWR: 0.01
Min: 0.00

TER

Semiconductors & Semiconductor Equipment industry group

0.04

Max: 1.46
Q3: 0.65
Median: 0.27
Q1: 0.04
TER: 0.04
Min: 0.00

Monolithic Power Systems (MPWR) vs. Teradyne (TER): A comparison of their debt-to-equity ratio against the Semiconductors & Semiconductor Equipment industry group benchmark.

Financial Strength Metrics

Financial strength metrics for Monolithic Power Systems (MPWR) and Teradyne (TER)
Metric	MPWR	TER
Current Ratio (MRQ)	3.70	2.08
Debt / Equity (MRQ)	0.01	0.04
Net Debt / EBITDA	-0.92	-0.19

Dividends

Dividend Yield (TTM)

Monolithic Power Systems (MPWR) at 0.67% delivers top-quartile income for its industry, while Teradyne (TER) at 0.24% pays a more typical yield — both are credible income propositions, MPWR the richer one.

MPWR

Semiconductors & Semiconductor Equipment industry group

0.67%

Max: 1.37%
MPWR: 0.67%
Q3: 0.65%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

TER

Semiconductors & Semiconductor Equipment industry group

0.24%

Max: 1.37%
Q3: 0.65%
TER: 0.24%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

Monolithic Power Systems (MPWR) vs. Teradyne (TER): A comparison of their dividend yield against the Semiconductors & Semiconductor Equipment industry group benchmark.

Dividend Payout Ratio (TTM)

Teradyne (TER) at 5.86% pays out a band-typical share of earnings, while Monolithic Power Systems (MPWR) at 41.65% distributes more than its industry norm — less retained, thinner cover.

MPWR

Semiconductors & Semiconductor Equipment industry group

41.65%

Max: 49.64%
MPWR: 41.65%
Q3: 21.71%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

TER

Semiconductors & Semiconductor Equipment industry group

5.86%

Max: 49.64%
Q3: 21.71%
TER: 5.86%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

Monolithic Power Systems (MPWR) vs. Teradyne (TER): A comparison of their payout ratio against the Semiconductors & Semiconductor Equipment industry group benchmark.

Dividend Metrics

Dividend metrics for Monolithic Power Systems (MPWR) and Teradyne (TER)
Metric	MPWR	TER
Dividend Yield (TTM)	0.67%	0.24%
Dividend Payout Ratio (TTM)	41.65%	5.86%

Valuation

P/E Ratio (TTM)

Both Monolithic Power Systems (MPWR) at 65.27 and Teradyne (TER) at 25.08 land around their industries’ usual P/E ratio levels — neither is getting a clear earnings-multiple discount or premium versus peers.

MPWR

Semiconductors & Semiconductor Equipment industry group

65.27

Max: 110.34
Q3: 66.81
MPWR: 65.27
Median: 37.02
Q1: 23.96
Min: 8.12

TER

Semiconductors & Semiconductor Equipment industry group

25.08

Max: 110.34
Q3: 66.81
Median: 37.02
TER: 25.08
Q1: 23.96
Min: 8.12

Monolithic Power Systems (MPWR) vs. Teradyne (TER): A comparison of their P/E ratio against the Semiconductors & Semiconductor Equipment industry group benchmark.

P/S Ratio (TTM)

Teradyne (TER) at 6.81 is priced about in line with its industry on P/S ratio, while Monolithic Power Systems (MPWR) at 15.53 sits in the pricier quartile — MPWR costs more per dollar of sales.

MPWR

Semiconductors & Semiconductor Equipment industry group

15.53

Max: 21.42
MPWR: 15.53
Q3: 12.27
Median: 5.76
Q1: 2.73
Min: 0.00

TER

Semiconductors & Semiconductor Equipment industry group

6.81

Max: 21.42
Q3: 12.27
TER: 6.81
Median: 5.76
Q1: 2.73
Min: 0.00

Monolithic Power Systems (MPWR) vs. Teradyne (TER): A comparison of their P/S ratio against the Semiconductors & Semiconductor Equipment industry group benchmark.

P/B Ratio (MRQ)

Both look rich against book: Teradyne (TER) at 9.24 sits in the upper P/B ratio quartile, and Monolithic Power Systems (MPWR) at 15.56 prices even higher, above its industry range.

MPWR

Semiconductors & Semiconductor Equipment industry group

15.56

MPWR: 15.56
Max: 14.06
Q3: 7.44
Median: 4.29
Q1: 2.30
Min: 0.20

TER

Semiconductors & Semiconductor Equipment industry group

9.24

Max: 14.06
TER: 9.24
Q3: 7.44
Median: 4.29
Q1: 2.30
Min: 0.20

Monolithic Power Systems (MPWR) vs. Teradyne (TER): A comparison of their P/B ratio against the Semiconductors & Semiconductor Equipment industry group benchmark.

Valuation Metrics

Valuation metrics for Monolithic Power Systems (MPWR) and Teradyne (TER)
Metric	MPWR	TER
P/E Ratio (TTM)	65.27	25.08
P/S Ratio (TTM)	15.53	6.81
P/B Ratio (MRQ)	15.56	9.24
Free Cash Flow Yield (TTM)	0.87%	1.76%