MTSI vs. TER: MACOM vs. Teradyne Stock Comparison

November 11, 2026

How do MACOM (MTSI) 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

MACOM (MTSI) and Teradyne (TER) both belong to the Semiconductors & Semiconductor Equipment industry, though MTSI is classified under Semiconductors while TER falls under Semiconductor Materials & Equipment.

Company profile comparison for MACOM (MTSI) and Teradyne (TER)
Profile Item	MTSI	TER
Name	MACOM Technology Solutions Holdings, 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	16.11 billion USD	34.07 billion USD
Currency	USD	USD
Exchange	Nasdaq	Nasdaq
Listing Date	March 15, 2012	February 21, 1973
Security Type	Common Stock	Common Stock

Price Performance

Cumulative Growth

MTSI

TER

GSPC

MACOM (MTSI) 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 MACOM (MTSI) and Teradyne (TER). Returns over one year are annualized.

Calendar-Year Returns

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Calendar-year total returns for MACOM (MTSI) and Teradyne (TER). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for MACOM (MTSI) and Teradyne (TER)
Metric	MTSI	TER
Total Return (1Y)	33.29%	31.13%
Total Return (3Y, Annualized)	46.28%	41.60%
Total Return (5Y, Annualized)	25.03%	10.83%

Risk Profile

Drawdown History

MTSI

TER

GSPC

MACOM (MTSI) 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 MACOM (MTSI) and Teradyne (TER). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for MACOM (MTSI) and Teradyne (TER)
Metric	MTSI	TER
Volatility (1Y, Annualized)	68.69%	78.35%
Beta (5Y)	1.83	1.78
Max Drawdown (5Y)	-53.54%	-59.12%
Avg. Volume (3M)	1.51M	3.01M

Risk-Adjusted Performance

Risk-Return Positioning

MTSI 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 MACOM (MTSI) and Teradyne (TER)
Metric	MTSI	TER
Sharpe Ratio (1Y)	0.42	0.34
Sortino Ratio (1Y)	0.58	0.48

Profitability

ROE (TTM)

Teradyne (TER) at 42.72% sits in the top ROE quartile, while MACOM (MTSI) at 22.17% is closer to the peer norm — stronger capital efficiency for TER.

MTSI

Semiconductors & Semiconductor Equipment industry group

22.17%

Max: 52.82%
Q3: 22.26%
MTSI: 22.17%
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%

MACOM (MTSI) vs. Teradyne (TER): A comparison of their ROE against the Semiconductors & Semiconductor Equipment industry group benchmark.

Net Margin (TTM)

Both MACOM (MTSI) at 25.25% 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.

MTSI

Semiconductors & Semiconductor Equipment industry group

25.25%

Max: 63.80%
Q3: 28.36%
MTSI: 25.25%
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%

MACOM (MTSI) vs. Teradyne (TER): A comparison of their net margin against the Semiconductors & Semiconductor Equipment industry group benchmark.

Operating Margin (TTM)

Both MACOM (MTSI) at 31.66% and Teradyne (TER) at 30.87% convert sales into operating profit at a top-quartile rate, pointing to tighter cost discipline before financing and tax.

MTSI

Semiconductors & Semiconductor Equipment industry group

31.66%

Max: 58.66%
MTSI: 31.66%
Q3: 30.23%
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%

MACOM (MTSI) vs. Teradyne (TER): A comparison of their operating margin against the Semiconductors & Semiconductor Equipment industry group benchmark.

Profitability Metrics

Profitability metrics for MACOM (MTSI) and Teradyne (TER)
Metric	MTSI	TER
ROE (TTM)	22.17%	42.72%
ROA (TTM)	8.66%	21.59%
Net Margin (TTM)	25.25%	27.46%
Operating Margin (TTM)	31.66%	30.87%
Gross Margin (TTM)	58.11%	59.32%

Growth

Revenue Growth

Only one side can be read here: Teradyne (TER) reports revenue growth of 13.13%, ranked against its industry; MACOM (MTSI) has no revenue growth figure this period.

MACOM (MTSI) vs. Teradyne (TER): A comparison of their Revenue Growth across different time periods.

EPS Growth

Only one side can be read here: Teradyne (TER) reports EPS growth of 4.52%, ranked against its industry; MACOM (MTSI) has no EPS growth figure this period.

MACOM (MTSI) vs. Teradyne (TER): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for MACOM (MTSI) and Teradyne (TER)
Metric	MTSI	TER
Revenue Growth (YoY)	--	13.13%
Revenue Growth (3Y CAGR)	--	0.37%
EPS Growth (YoY)	--	4.52%
EPS Growth (3Y CAGR)	49.88%	-6.31%

Financial Strength

Current Ratio (MRQ)

MACOM (MTSI) at 2.54 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.

MTSI

Semiconductors & Semiconductor Equipment industry group

2.54

Max: 10.33
Q3: 5.62
Median: 3.33
MTSI: 2.54
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

MACOM (MTSI) vs. Teradyne (TER): A comparison of their current ratio against the Semiconductors & Semiconductor Equipment industry group benchmark.

Debt / Equity (MRQ)

Teradyne (TER) at 0.04 keeps leverage in the lower industry quartile, while MACOM (MTSI) at 0.24 runs a more typical debt-to-equity mix.

MTSI

Semiconductors & Semiconductor Equipment industry group

0.24

Max: 1.46
Q3: 0.65
Median: 0.27
MTSI: 0.24
Q1: 0.04
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

MACOM (MTSI) 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 MACOM (MTSI) and Teradyne (TER)
Metric	MTSI	TER
Current Ratio (MRQ)	2.54	2.08
Debt / Equity (MRQ)	0.24	0.04
Net Debt / EBITDA	-1.04	-0.19

Dividends

Dividend Yield (TTM)

MACOM (MTSI) pays no dividend (yield 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile Teradyne (TER) reports a yield of 0.24%, ranking against industry peers normally.

MTSI

Semiconductors & Semiconductor Equipment industry group

0.00%

Max: 1.37%
Q3: 0.65%
MTSI: 0.00%
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%

MACOM (MTSI) vs. Teradyne (TER): A comparison of their dividend yield against the Semiconductors & Semiconductor Equipment industry group benchmark.

Dividend Payout Ratio (TTM)

MACOM (MTSI) pays no dividend (payout 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile Teradyne (TER) reports a payout of 5.86%, ranking against industry peers normally.

MTSI

Semiconductors & Semiconductor Equipment industry group

0.00%

Max: 49.64%
Q3: 21.71%
MTSI: 0.00%
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%

MACOM (MTSI) vs. Teradyne (TER): A comparison of their payout ratio against the Semiconductors & Semiconductor Equipment industry group benchmark.

Dividend Metrics

Dividend metrics for MACOM (MTSI) and Teradyne (TER)
Metric	MTSI	TER
Dividend Yield (TTM)	0.00%	0.24%
Dividend Payout Ratio (TTM)	0.00%	5.86%

Valuation

P/E Ratio (TTM)

Both MACOM (MTSI) at 48.95 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.

MTSI

Semiconductors & Semiconductor Equipment industry group

48.95

Max: 110.34
Q3: 66.81
MTSI: 48.95
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

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

P/S Ratio (TTM)

On P/S ratio, both MACOM (MTSI) at 12.14 and Teradyne (TER) at 6.81 are priced roughly in line with their industries — neither looks cheap nor rich on a sales basis.

MTSI

Semiconductors & Semiconductor Equipment industry group

12.14

Max: 21.42
Q3: 12.27
MTSI: 12.14
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

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

P/B Ratio (MRQ)

Both MACOM (MTSI) at 9.50 and Teradyne (TER) at 9.24 carry a premium to book value versus peers, sitting in the upper P/B ratio quartile of their industries.

MTSI

Semiconductors & Semiconductor Equipment industry group

9.50

Max: 14.06
MTSI: 9.50
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

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

Valuation Metrics

Valuation metrics for MACOM (MTSI) and Teradyne (TER)
Metric	MTSI	TER
P/E Ratio (TTM)	48.95	25.08
P/S Ratio (TTM)	12.14	6.81
P/B Ratio (MRQ)	9.50	9.24
Free Cash Flow Yield (TTM)	1.15%	1.76%