TER vs EMR vs KEYS Stock Comparison

Teradyne, Emerson Electric and Keysight Technologies Prices as of Oct 28, 2026 Peers: Industry group
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TER Teradyne, Inc
$313.24 -21.9% 1M +117.0% 1Y
Market cap
$48.98B
P/E
54.2x
Revenue (TTM)
$5.00B
Div. yield
0.16%
Test and Measurement Technology
3 wins
EMR Emerson Electric Co
$167.78 +5.3% 1M +24.7% 1Y
Market cap
$93.59B
P/E
36.4x
Revenue (TTM)
$18.64B
Div. yield
1.33%
Pumps and Valves Industrials
5 wins

Head to Head

12 decided of 12

Emerson Electric leads on 5 of the 12 questions below (Emerson Electric 5, Keysight Technologies 4, Teradyne 3). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionTEREMRKEYSLeader
Larger companyMarket capitalisation $48.98B $93.59B $57.11B EMR
Cheaper on earningsLower P/E, profitable companies only 54.2x 36.4x 45.5x EMR
Cheaper on forward earningsLower price / next fiscal year consensus EPS 32.5x 24.9x 31.3x EMR
Faster revenue growthRevenue growth, trailing twelve months +74.9% +4.8% +25.5% TER
More profitableNet margin, trailing twelve months — 13.8% 19.1% KEYS
Better return on capitalReturn on invested capital — 10.9% 13.4% KEYS
Less leveragedLower net debt / EBITDA — 1.8x -0.1x KEYS
Higher dividend yieldTrailing dividend yield 0.16% 1.33% — EMR
Better 1-year returnPrice return, last 12 months +117.0% +24.7% +97.3% TER
Better 5-year returnAnnualised price return, 5 years +17.8%/yr +11.6%/yr +13.3%/yr TER
Less volatileAnnualised volatility, 1 year 78.7% 31.8% 45.2% EMR
Higher overall scoreMean of the five percentile scores vs peers 60/100 45/100 64/100 KEYS

Percentile Scorecard

TEREMRKEYS

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

AxisTEREMRKEYS
Valuation 18 #91 of 111 33 #136 of 203 26 #82 of 111
Growth 95 #6 of 108 39 #115 of 188 66 #37 of 108
Profitability 87 #14 of 104 87 #25 of 184 89 #12 of 104
Financial Health 65 #41 of 115 30 #153 of 217 53 #55 of 115
Shareholder Returns 35 #51 of 78 37 #97 of 153 86 #12 of 78
Overall 60 45 64
  • TER ranked among 121 companies in Computer Hardware
  • EMR ranked among 222 companies in Machinery
  • KEYS ranked among 121 companies in Computer Hardware

Price Performance

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

Returns

PeriodTEREMRKEYSSPY
1 month -21.9%+5.3%-6.8% +0.9%
3 months -1.9%+15.1%+13.0% +5.9%
6 months +2.3%+22.9%0.0% +8.5%
Year to date +61.8%+26.4%+65.1% +13.3%
1 year +117.0%+24.7%+97.3% +12.4%
3 years +273.6%+90.6%+181.2% +88.1%
3 years, per year +55.2%+24.0%+41.2% +23.5%
5 years +126.6%+73.0%+86.3% +68.2%
5 years, per year +17.8%+11.6%+13.3% +11.0%
10 years +1,257.2%+235.0%+922.4% +263.4%
10 years, per year +29.8%+12.9%+26.2% +13.8%

Risk

MeasureTEREMRKEYSSPY
Volatility, 1Y 78.7%31.8%45.2% 12.7%
Downside volatility, 1Y 85.4%33.5%43.9% 12.7%
Beta vs S&P 500, 1Y 3.381.541.93 1.00
Return / volatility, 1Y 1.490.782.15 0.98
Max drawdown, 5Y -59.7%-29.9%-42.6% -25.4%
From 52-week high -35.3%0.0%-13.5% -0.9%
52-week high $483.84$167.78$387.90 $779.14
52-week low $144.38$123.30$169.67 $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.

MultipleTEREMRKEYS
P/E now vs peer median 54.2xmedian 33.5x 36.4xmedian 25.4x 45.5xmedian 33.5x
P/S now vs peer median 9.8xmedian 2.8x 5.0xmedian 1.9x 8.7xmedian 2.8x
EV/EBITDA now vs peer median —median 19.6x 17.0xmedian 14.3x 33.0xmedian 19.6x
P/FCF now vs peer median 80.9xmedian 29.8x 27.0xmedian 21.8x 38.9xmedian 29.8x
P/B now vs peer median 13.3xmedian 2.9x 4.6xmedian 2.2x 8.7xmedian 2.9x
PEG now vs peer median —median 1.10 -0.88median 1.41 9.33median 1.10

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 monthsTEREMRKEYS
Revenue $5.00B $18.64B $6.58B
Gross profit $2.97B $9.91B $4.26B
Operating income $1.61B $4.68B $1.33B
Net income $1.38B $2.58B $1.26B
Free cash flow – $3.46B $1.47B
R&D $598.20M – $1.19B
EPS (diluted) – $4.59 $7.28
Cash & equivalents $460.74M $2.18B $2.61B
Total debt – $13.11B $2.52B
Shares (diluted) 157.69M 561.10M 173.00M
Enterprise value $49.03B $86.34B $48.04B

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
MetricTEREMRKEYS
P/E 54.2x 36.4x 45.5x
P/FCF 80.9x 27.0x 38.9x
P/Operating cash flow 36.8x 23.9x 35.6x
P/S 9.8x 5.0x 8.7x
P/B 13.3x 4.6x 8.7x
P/Tangible book 13.6x 8.0x 10.5x
EV/EBITDA – 17.0x 33.0x
EV/EBIT – 22.4x 42.8x
EV/Revenue 9.8x 5.6x 8.7x
EV/FCF – 30.2x 38.8x
EV/Operating cash flow 36.8x 26.7x 35.6x
PEG (3Y EPS CAGR) – -0.88 9.33

Growth

14 metrics
MetricTEREMRKEYS
Revenue growth (1Y) 74.9% 4.8% 25.5%
Revenue CAGR (3Y) 22.2% 7.6% 5.6%
Gross profit growth (1Y) 76.1% 5.7% 30.2%
Gross profit CAGR (3Y) 23.4% 11.0% 5.8%
Operating income growth (1Y) 214.6% 9.2% 49.9%
Operating income CAGR (3Y) 43.5% 13.6% -2.1%
Net income growth (1Y) 211.2% -3.0% 131.6%
Net income CAGR (3Y) 39.9% -42.0% 3.7%
EPS growth (1Y) – -2.2% 131.6%
EPS CAGR (3Y) – -41.6% 4.9%
Operating cash flow growth (1Y) 96.9% 4.4% 4.0%
Operating cash flow CAGR (3Y) 36.8% 10.1% 4.0%
Free cash flow growth (1Y) – 4.4% 3.8%
Free cash flow CAGR (3Y) – 9.4% 6.6%

Profitability

14 metrics
MetricTEREMRKEYS
Gross margin – 53.2% 64.7%
EBITDA margin – 33.1% 26.2%
Operating margin – 25.1% 20.3%
Pretax margin – 17.6% 21.5%
Net margin – 13.8% 19.1%
FCF margin – 18.6% 22.3%
Operating cash flow margin 26.6% 21.0% 24.4%
Return on equity 38.7% 12.7% 19.8%
Return on assets 26.7% 6.1% 10.8%
Return on invested capital – 10.9% 13.4%
Return on capital employed – 14.9% 14.5%
Asset turnover 1.0x 0.4x 0.6x
Cash conversion (OCF / net income) 1.0x 1.5x 1.3x
Stock comp / revenue 1.6% 1.3% 3.3%

Financial Health

11 metrics
MetricTEREMRKEYS
Debt / assets – 31.1% 21.1%
Debt / equity – 0.6x 0.4x
Net debt / EBITDA – 1.8x -0.1x
Debt / FCF – 3.8x 1.7x
Liabilities / assets 31.4% 51.7% 44.9%
Equity / assets 67.7% 48.3% 55.1%
Interest coverage – – 12.3x
Current ratio 2.1x 0.9x 2.0x
Quick ratio – 0.5x 1.4x
Cash ratio – 0.2x 1.0x
Altman Z-score – 4.73 8.55

Shareholder Returns

7 metrics
MetricTEREMRKEYS
Dividend yield 0.2% 1.3% –
Net buyback yield – 1.0% 2.0%
Shareholder yield 0.2% 2.3% 2.0%
Payout ratio (earnings) – 47.8% –
Payout ratio (FCF) – 35.6% –
Dividend growth (1Y) – 3.1% –
Dividend CAGR (3Y) – 0.7% –

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.

ConsensusTEREMRKEYS
Forward P/E 32.5xFY2026 24.9xFY2026 31.3xFY2026
EPS, next fiscal year $9.65FY2026 $6.75FY2026 $10.71FY2026
EPS growth, next FY +143.7%FY2026 +12.5%FY2026 +49.6%FY2026
EPS growth, the year after +25.7% +15.3% +20.4%
Revenue, next fiscal year $5.01BFY2026 $18.13BFY2026 $6.71BFY2026
Revenue growth, next FY +57.1%FY2026 +0.6%FY2026 +24.8%FY2026
Revenue growth, the year after +18.9% +15.3% +18.9%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersTEREMRKEYS
Held by institutions 97.3% 82.1% 89.8%
Institutions holding 1,419 2,291 1,247
Change in shares held, QoQ +5.2% +0.9% +1.2%
Institutions buying 828 1,081 675
Institutions selling 456 798 380
Buyers to sellers 1.82 1.35 1.78

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.

TEREMRKEYS
TER 1.00 0.52 0.70
EMR 0.52 1.00 0.51
KEYS 0.70 0.51 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, TER, EMR and KEYS?

Emerson Electric (EMR) is the largest by market capitalisation: Teradyne (TER) $48.98B, Emerson Electric (EMR) $93.59B, Keysight Technologies (KEYS) $57.11B.

Which stock is cheaper, TER, EMR and KEYS?

Emerson Electric (EMR) trades on the lowest price-to-earnings ratio (Teradyne (TER) 54.2x, Emerson Electric (EMR) 36.4x, Keysight Technologies (KEYS) 45.5x). On next year's consensus earnings, Emerson Electric (EMR) is cheapest (Teradyne (TER) 32.5x, Emerson Electric (EMR) 24.9x, Keysight Technologies (KEYS) 31.3x). 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: Teradyne (TER) +74.9%, Emerson Electric (EMR) +4.8%, Keysight Technologies (KEYS) +25.5%.

Which company is more profitable?

Keysight Technologies (KEYS) has the highest net margin (Emerson Electric (EMR) 13.8%, Keysight Technologies (KEYS) 19.1%). On return on invested capital, Keysight Technologies (KEYS) leads (Emerson Electric (EMR) 10.9%, Keysight Technologies (KEYS) 13.4%).

Which stock has performed better?

Over the past year Teradyne (TER) returned the most: Teradyne (TER) +117.0%, Emerson Electric (EMR) +24.7%, Keysight Technologies (KEYS) +97.3%. Over five years, Teradyne (TER) compounded fastest (Teradyne (TER) +17.8%/yr, Emerson Electric (EMR) +11.6%/yr, Keysight Technologies (KEYS) +13.3%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Emerson Electric (EMR) has the highest dividend yield: Teradyne (TER) 0.16%, Emerson Electric (EMR) 1.33%. Keysight Technologies (KEYS) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Emerson Electric (EMR) has been the steadiest (Teradyne (TER) 78.7%, Emerson Electric (EMR) 31.8%, Keysight Technologies (KEYS) 45.2%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, TER, EMR and KEYS?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Emerson Electric (EMR) leads on 5. 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.