TDY vs TER vs GD Stock Comparison

Teledyne Technologies, Teradyne and General Dynamics Prices as of Oct 27, 2026 Peers: Industry group
TER Teradyne, Inc
$323.68 -18.8% 1M +119.4% 1Y
Market cap
$50.62B
P/E
44.0x
Revenue (TTM)
$4.46B
Div. yield
0.16%
Test and Measurement Technology
5 wins
GD General Dynamics Corp
$354.89 +5.4% 1M +0.3% 1Y
Market cap
$96.02B
P/E
21.4x
Revenue (TTM)
$54.86B
Div. yield
1.77%
Defense Industrials
7 wins

Head to Head

12 decided of 12

General Dynamics leads on 7 of the 12 questions below (General Dynamics 7, Teradyne 5). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionTDYTERGDLeader
Larger companyMarket capitalisation $30.28B $50.62B $96.02B GD
Cheaper on earningsLower P/E, profitable companies only 29.5x 44.0x 21.4x GD
Cheaper on forward earningsLower price / next fiscal year consensus EPS 25.1x 33.5x 20.2x GD
Faster revenue growthRevenue growth, trailing twelve months +8.6% +57.9% +9.1% TER
More profitableNet margin, trailing twelve months 15.8% 25.8% 8.2% TER
Better return on capitalReturn on invested capital 8.1% 35.3% 13.6% TER
Less leveragedLower net debt / EBITDA 0.9x — 0.5x GD
Higher dividend yieldTrailing dividend yield — 0.16% 1.77% GD
Better 1-year returnPrice return, last 12 months +24.0% +119.4% +0.3% TER
Better 5-year returnAnnualised price return, 5 years +8.0%/yr +18.8%/yr +11.9%/yr TER
Less volatileAnnualised volatility, 1 year 25.6% 78.6% 22.2% GD
Higher overall scoreMean of the five percentile scores vs peers 70/100 66/100 71/100 GD

Percentile Scorecard

TDYTERGD

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisTDYTERGD
Valuation 66 #35 of 100 23 #87 of 112 87 #14 of 100
Growth 39 #60 of 97 90 #12 of 109 43 #56 of 97
Profitability 83 #17 of 96 94 #7 of 104 79 #21 of 96
Financial Health 73 #29 of 105 71 #34 of 116 63 #40 of 105
Shareholder Returns 91 #7 of 65 50 #41 of 81 86 #10 of 65
Overall 70 66 71
  • TDY ranked among 107 companies in Aerospace and Defense
  • TER ranked among 122 companies in Computer Hardware
  • GD ranked among 107 companies in Aerospace and Defense

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodTDYTERGDSPY
1 month +6.7%-18.8%+5.4% -0.2%
3 months +0.8%+0.9%-9.8% +3.9%
6 months +2.1%-14.9%+13.1% +8.2%
Year to date +28.3%+67.2%+5.4% +12.9%
1 year +24.0%+119.4%+0.3% +12.3%
3 years +76.7%+286.1%+49.0% +87.4%
3 years, per year +20.9%+56.9%+14.2% +23.3%
5 years +46.7%+136.2%+75.2% +67.9%
5 years, per year +8.0%+18.8%+11.9% +10.9%
10 years +518.4%+1,318.4%+136.4% +261.1%
10 years, per year +20.0%+30.4%+9.0% +13.7%

Risk

MeasureTDYTERGDSPY
Volatility, 1Y 25.6%78.6%22.2% 12.7%
Downside volatility, 1Y 24.0%85.3%20.9% 12.7%
Beta vs S&P 500, 1Y 1.123.380.33 1.00
Return / volatility, 1Y 0.931.520.01 0.97
Max drawdown, 5Y -32.2%-59.7%-23.0% -25.4%
From 52-week high -5.2%-33.1%-10.4% -1.2%
52-week high $691.24$483.84$395.97 $779.14
52-week low $484.47$144.38$312.53 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleTDYTERGD
P/E now vs peer median 29.5xmedian 26.5x 44.0xmedian 33.2x 21.4xmedian 26.5x
P/S now vs peer median 4.6xmedian 3.0x 11.3xmedian 2.8x 1.8xmedian 3.0x
EV/EBITDA now vs peer median 19.3xmedian 14.6x 33.6xmedian 20.0x 15.1xmedian 14.6x
P/FCF now vs peer median 26.4xmedian 26.4x 65.8xmedian 29.8x 14.9xmedian 26.4x
P/B now vs peer median 2.7xmedian 2.5x 14.6xmedian 3.0x 3.6xmedian 2.5x
PEG now vs peer median -49.75median 0.90 1.52median 1.17 2.09median 0.90

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsTDYTERGD
Revenue $6.52B $4.46B $54.86B
Gross profit $2.84B $2.64B $8.44B
Operating income $1.30B $1.35B $5.66B
Net income $1.03B $1.15B $4.49B
Free cash flow $1.15B $769.75M $6.45B
R&D $330.60M $559.87M –
EPS (diluted) $21.90 $7.29 $16.40
Cash & equivalents $562.40M $349.54M $4.33B
Total debt $2.03B – $7.52B
Shares (diluted) 46.90M 157.69M 273.52M
Enterprise value $28.50B $49.43B $83.13B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricTDYTERGD
P/E 29.5x 44.0x 21.4x
P/FCF 26.4x 65.8x 14.9x
P/Operating cash flow 23.6x 47.5x 12.5x
P/S 4.6x 11.3x 1.8x
P/B 2.7x 14.6x 3.6x
P/Tangible book 3.3x 15.0x 3.8x
EV/EBITDA 19.3x 33.6x 15.1x
EV/EBIT 24.3x 37.2x 17.5x
EV/Revenue 4.9x 11.3x 1.8x
EV/FCF 27.7x 65.3x 15.4x
EV/Operating cash flow 24.8x 47.2x 12.9x
PEG (3Y EPS CAGR) -49.75 1.52 2.09

Growth

14 metrics
MetricTDYTERGD
Revenue growth (1Y) 8.6% 57.9% 9.1%
Revenue CAGR (3Y) 0.5% 16.0% 10.3%
Gross profit growth (1Y) 10.8% 58.2% 8.9%
Gross profit CAGR (3Y) -0.1% 16.7% 8.6%
Operating income growth (1Y) 23.3% 160.9% 9.4%
Operating income CAGR (3Y) 0.0% 28.8% 10.3%
Net income growth (1Y) 25.5% 145.2% 9.8%
Net income CAGR (3Y) -1.3% 27.2% 10.0%
EPS growth (1Y) 27.2% 149.0% 8.8%
EPS CAGR (3Y) -0.6% 29.0% 10.2%
Operating cash flow growth (1Y) 11.9% 34.4% –
Operating cash flow CAGR (3Y) 26.7% 19.9% 23.0%
Free cash flow growth (1Y) 10.5% 38.4% –
Free cash flow CAGR (3Y) 29.4% 18.5% 28.7%

Profitability

14 metrics
MetricTDYTERGD
Gross margin 43.6% 59.2% 15.4%
EBITDA margin 25.3% 33.5% 12.0%
Operating margin 20.0% 30.2% 10.3%
Pretax margin 19.4% 30.2% 9.9%
Net margin 15.8% 25.8% 8.2%
FCF margin 17.6% 17.2% 11.8%
Operating cash flow margin 19.6% 23.9% 14.0%
Return on equity 9.3% 35.2% 17.0%
Return on assets 6.7% 24.9% 7.5%
Return on invested capital 8.1% 35.3% 13.6%
Return on capital employed 9.4% 37.8% 13.9%
Asset turnover 0.4x 1.0x 0.9x
Cash conversion (OCF / net income) 1.2x 0.9x 1.7x
Stock comp / revenue 0.6% 1.7% 0.4%

Financial Health

11 metrics
MetricTDYTERGD
Debt / assets 13.0% – 12.5%
Debt / equity 0.2x – 0.3x
Net debt / EBITDA 0.9x – 0.5x
Debt / FCF 1.8x – 1.2x
Liabilities / assets 28.5% 29.5% 55.4%
Equity / assets 71.5% 70.5% 44.6%
Interest coverage 26.9x 118.8x –
Current ratio 2.3x 2.1x 1.4x
Quick ratio 1.3x 1.3x 2.8x
Cash ratio 0.4x 0.3x 0.2x
Altman Z-score 5.66 23.43 4.17

Shareholder Returns

7 metrics
MetricTDYTERGD
Dividend yield – 0.2% 1.8%
Net buyback yield 1.5% 0.9% 0.4%
Shareholder yield 1.5% 1.1% 2.1%
Payout ratio (earnings) – – –
Payout ratio (FCF) – – –
Dividend growth (1Y) – – –
Dividend CAGR (3Y) – – –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusTDYTERGD
Forward P/E 25.1xFY2026 33.5xFY2026 20.2xFY2026
EPS, next fiscal year $26.05FY2026 $9.65FY2026 $17.56FY2026
EPS growth, next FY +18.5%FY2026 +143.7%FY2026 +13.7%FY2026
EPS growth, the year after +13.6% +25.7% +8.9%
Revenue, next fiscal year $6.20BFY2026 $5.01BFY2026 $53.43BFY2026
Revenue growth, next FY +1.4%FY2026 +57.1%FY2026 +1.7%FY2026
Revenue growth, the year after +5.9% +18.9% +12.6%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersTDYTERGD
Held by institutions 97.2% 97.3% 86.5%
Institutions holding 886 1,419 2,217
Change in shares held, QoQ +2.7% +5.2% +0.1%
Institutions buying 399 828 1,018
Institutions selling 327 456 831
Buyers to sellers 1.22 1.82 1.23

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

TDYTERGD
TDY 1.00 0.47 0.37
TER 0.47 1.00 -0.14
GD 0.37 -0.14 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, TDY, TER and GD?

General Dynamics (GD) is the largest by market capitalisation: Teledyne Technologies (TDY) $30.28B, Teradyne (TER) $50.62B, General Dynamics (GD) $96.02B.

Which stock is cheaper, TDY, TER and GD?

General Dynamics (GD) trades on the lowest price-to-earnings ratio (Teledyne Technologies (TDY) 29.5x, Teradyne (TER) 44.0x, General Dynamics (GD) 21.4x). On next year's consensus earnings, General Dynamics (GD) is cheapest (Teledyne Technologies (TDY) 25.1x, Teradyne (TER) 33.5x, General Dynamics (GD) 20.2x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Teradyne (TER) grew revenue fastest over the trailing twelve months: Teledyne Technologies (TDY) +8.6%, Teradyne (TER) +57.9%, General Dynamics (GD) +9.1%.

Which company is more profitable?

Teradyne (TER) has the highest net margin (Teledyne Technologies (TDY) 15.8%, Teradyne (TER) 25.8%, General Dynamics (GD) 8.2%). On return on invested capital, Teradyne (TER) leads (Teledyne Technologies (TDY) 8.1%, Teradyne (TER) 35.3%, General Dynamics (GD) 13.6%).

Which stock has performed better?

Over the past year Teradyne (TER) returned the most: Teledyne Technologies (TDY) +24.0%, Teradyne (TER) +119.4%, General Dynamics (GD) +0.3%. Over five years, Teradyne (TER) compounded fastest (Teledyne Technologies (TDY) +8.0%/yr, Teradyne (TER) +18.8%/yr, General Dynamics (GD) +11.9%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

General Dynamics (GD) has the highest dividend yield: Teradyne (TER) 0.16%, General Dynamics (GD) 1.77%. Teledyne Technologies (TDY) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, General Dynamics (GD) has been the steadiest (Teledyne Technologies (TDY) 25.6%, Teradyne (TER) 78.6%, General Dynamics (GD) 22.2%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, TDY, TER and GD?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, General Dynamics (GD) leads on 7. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.