A new type of compound multifrequency ultrasonic transducer is analyzed in this paper. The compound multifrequency ultrasonic transducer consists of two sandwiched ultrasonic transducers and a rectangular radiator. In virtue of the coupling between longitudinal vibration of the sandwiched ultrasonic transducers and flexural vibration of the rectangular radiator, the compound multifrequency ultrasonic transducer can produce several resonance frequencies. Some compound multifrequency ultrasonic transducers are designed and simulated by finite element method (ANSYS), and modal shapes and harmonic response are analyzed. The compound multifrequency ultrasonic transducers are designed and manufactured. The resonance frequencies are measured and compared with the numerical results. The effect of the geometrical dimensions of the compound multifrequency ultrasonic transducer and the location of two sandwiched ultrasonic transducers on the compound multifrequency ultrasonic transducer is discussed. It is shown experimentally and numerically that the compound multifrequency ultrasonic transducer has several resonance frequencies.