Q vs. TER: Qnity Electronics vs. Teradyne Stock Comparison

November 11, 2026

How do Qnity Electronics (Q) 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

Qnity Electronics (Q) and Teradyne (TER) are both classified in the Semiconductor Materials & Equipment sub-industry within the broader Semiconductors & Semiconductor Equipment industry, placing them in the closest GICS peer bucket.

Teradyne (TER) carries decades of public-market history since February 21, 1973, while Qnity Electronics (Q) listed on October 27, 2025 — long-window comparisons have far more historical data on the TER side.

Company profile comparison for Qnity Electronics (Q) and Teradyne (TER)
Profile Item	Q	TER
Name	Qnity Electronics 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	Semiconductor Materials & Equipment	Semiconductor Materials & Equipment
Market Capitalization	24.46 billion USD	34.07 billion USD
Currency	USD	USD
Exchange	NYSE	Nasdaq
Listing Date	October 27, 2025	February 21, 1973
Security Type	Common Stock	Common Stock

Price Performance

Cumulative Growth

TER

GSPC

Qnity Electronics (Q) 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 Qnity Electronics (Q) and Teradyne (TER). Returns over one year are annualized.

Calendar-Year Returns

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

Performance Metrics

Price performance metrics for Qnity Electronics (Q) and Teradyne (TER)
Metric	Q	TER
Total Return (1Y)	35.04%	31.13%
Total Return (3Y, Annualized)	--	41.60%
Total Return (5Y, Annualized)	--	10.83%

Risk Profile

Drawdown History

TER

GSPC

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

Risk Metrics

Risk profile metrics for Qnity Electronics (Q) and Teradyne (TER)
Metric	Q	TER
Volatility (1Y, Annualized)	55.87%	78.35%
Beta (5Y)	1.49	1.78
Max Drawdown (5Y)	-38.03%	-59.12%
Avg. Volume (3M)	1.73M	3.01M

Risk-Adjusted Performance

Risk-Return Positioning

Q 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 Qnity Electronics (Q) and Teradyne (TER)
Metric	Q	TER
Sharpe Ratio (1Y)	0.55	0.34
Sortino Ratio (1Y)	0.80	0.48

Profitability

ROE (TTM)

Teradyne (TER) at 42.72% sits in the top ROE quartile, while Qnity Electronics (Q) at 6.98% is closer to the peer norm — stronger capital efficiency for TER.

Q

Semiconductors & Semiconductor Equipment industry group

6.98%

Max: 52.82%
Q3: 22.26%
Median: 10.58%
Q: 6.98%
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%

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

Net Margin (TTM)

Both Qnity Electronics (Q) at 10.16% 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.

Q

Semiconductors & Semiconductor Equipment industry group

10.16%

Max: 63.80%
Q3: 28.36%
Median: 11.44%
Q: 10.16%
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%

Qnity Electronics (Q) 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 Qnity Electronics (Q) at 25.00%, which runs around its industry’s norm.

Q

Semiconductors & Semiconductor Equipment industry group

25.00%

Max: 58.66%
Q3: 30.23%
Q: 25.00%
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%

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

Profitability Metrics

Profitability metrics for Qnity Electronics (Q) and Teradyne (TER)
Metric	Q	TER
ROE (TTM)	6.98%	42.72%
ROA (TTM)	5.78%	21.59%
Net Margin (TTM)	10.16%	27.46%
Operating Margin (TTM)	25.00%	30.87%
Gross Margin (TTM)	46.92%	59.32%

Growth

Revenue Growth

Both Qnity Electronics (Q) at 9.67% and Teradyne (TER) at 13.13% land near their industries' usual revenue growth ranges, so top-line momentum looks broadly in line with peers on both sides.

Qnity Electronics (Q) vs. Teradyne (TER): A comparison of their Revenue Growth across different time periods.

EPS Growth

Both Qnity Electronics (Q) at -0.27% and Teradyne (TER) at 4.52% land near their industries' usual EPS growth ranges, so bottom-line momentum looks broadly in line with peers on both sides.

Qnity Electronics (Q) vs. Teradyne (TER): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for Qnity Electronics (Q) and Teradyne (TER)
Metric	Q	TER
Revenue Growth (YoY)	9.67%	13.13%
Revenue Growth (3Y CAGR)	-0.01%	0.37%
EPS Growth (YoY)	-0.27%	4.52%
EPS Growth (3Y CAGR)	--	-6.31%

Financial Strength

Current Ratio (MRQ)

Both Qnity Electronics (Q) at 2.09 and Teradyne (TER) at 2.08 run current ratio in the tighter-liquidity quartile of industry peers, leaving thinner cushions against current liabilities than typical competitors.

Q

Semiconductors & Semiconductor Equipment industry group

2.09

Max: 10.33
Q3: 5.62
Median: 3.33
Q1: 2.35
Q: 2.09
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

Qnity Electronics (Q) 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 Qnity Electronics (Q) at 0.57 runs a more typical debt-to-equity mix.

Q

Semiconductors & Semiconductor Equipment industry group

0.57

Max: 1.46
Q3: 0.65
Q: 0.57
Median: 0.27
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

Qnity Electronics (Q) 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 Qnity Electronics (Q) and Teradyne (TER)
Metric	Q	TER
Current Ratio (MRQ)	2.09	2.08
Debt / Equity (MRQ)	0.57	0.04
Net Debt / EBITDA	2.07	-0.19

Dividends

Dividend Yield (TTM)

Both Qnity Electronics (Q) at 0.27% and Teradyne (TER) at 0.24% pay solid, industry-typical yields, sitting squarely within their peers’ usual range.

Q

Semiconductors & Semiconductor Equipment industry group

0.27%

Max: 1.37%
Q3: 0.65%
Q: 0.27%
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%

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

Dividend Payout Ratio (TTM)

Both Qnity Electronics (Q) at 11.28% and Teradyne (TER) at 5.86% keep payout ratio within their industries’ typical mid-ranges — dividend policies that share earnings without consuming too much of them.

Q

Semiconductors & Semiconductor Equipment industry group

11.28%

Max: 49.64%
Q3: 21.71%
Q: 11.28%
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%

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

Dividend Metrics

Dividend metrics for Qnity Electronics (Q) and Teradyne (TER)
Metric	Q	TER
Dividend Yield (TTM)	0.27%	0.24%
Dividend Payout Ratio (TTM)	11.28%	5.86%

Valuation

P/E Ratio (TTM)

Both Qnity Electronics (Q) at 43.98 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.

Q

Semiconductors & Semiconductor Equipment industry group

43.98

Max: 110.34
Q3: 66.81
Q: 43.98
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

Qnity Electronics (Q) 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 Qnity Electronics (Q) at 4.46 and Teradyne (TER) at 6.81 are priced roughly in line with their industries — neither looks cheap nor rich on a sales basis.

Q

Semiconductors & Semiconductor Equipment industry group

4.46

Max: 21.42
Q3: 12.27
Median: 5.76
Q: 4.46
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

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

P/B Ratio (MRQ)

Qnity Electronics (Q) at 3.22 is valued about in line with its industry on P/B ratio, while Teradyne (TER) at 9.24 carries an above-peer premium to book — TER is pricier on assets.

Q

Semiconductors & Semiconductor Equipment industry group

3.22

Max: 14.06
Q3: 7.44
Median: 4.29
Q: 3.22
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

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

Valuation Metrics

Valuation metrics for Qnity Electronics (Q) and Teradyne (TER)
Metric	Q	TER
P/E Ratio (TTM)	43.98	25.08
P/S Ratio (TTM)	4.46	6.81
P/B Ratio (MRQ)	3.22	9.24
Free Cash Flow Yield (TTM)	2.85%	1.76%