Cognex CGNX Ratios & Valuation
| Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | ||
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | 68%+1.1pp | 66.9%-0.7pp | 67.6%-0.1pp | 67.7%-0.6pp | 68.3%-0.1pp | |
| Operating margin | 18.8%+2.4pp | 16.3%+0.1pp | 16.3%+2.1pp | 14.2%+0.4pp | 13.8%+1.2pp | |
| Net margin | 13.6%+2.1pp | 11.5%+0.2pp | 11.3%-1.8pp | 13.1%+0.3pp | 12.8%+1.2pp | |
| EBITDA margin | 21.6%+2.2pp | 19.4%-0.1pp | 19.5%+1.8pp | 17.7%+0.4pp | 17.3%+1.2pp | |
| Free cash flow margin | 23%-0.8pp | 23.8%+1.8pp | 22%+2.7pp | 19.3%+1.7pp | 17.7%+3.0pp | |
| Returns | ||||||
| Return on equity | 9.7%+2.1pp | 7.6%+0.4pp | 7.2%-0.9pp | 8.1%+0.1pp | 8%+1.0pp | |
| Return on assets | 7.2%+1.5pp | 5.7%+0.3pp | 5.4%-0.7pp | 6.1%+0.1pp | 6%+0.7pp | |
| Return on invested capital | 9.6%+2.1pp | 7.5%+0.3pp | 7.2%-0.5pp | 7.7%+0.2pp | 7.5%+0.8pp | |
| Efficiency | ||||||
| Asset turnover | 0.5×0.0× | 0.5×0.0× | 0.5×0.0× | 0.5×0.0× | 0.5×0.0× | |
| Inventory turnover | 2.3×+0.1× | 2.2×+0.1× | 2.1×+0.1× | 2×+0.2× | 1.8×0.0× | |
| Liquidity | ||||||
| Current ratio | 3.6×-0.2× | 3.8×-0.2× | 4×+0.7× | 3.3×+0.1× | 3.1×-0.5× | |
| Quick ratio | 2.9×-0.1× | 3×-0.1× | 3.1×+0.6× | 2.5×+0.2× | 2.3×-0.4× | |
| Cash ratio | 1.3×-0.2× | 1.4×0.0× | 1.5×+0.5× | 0.9×+0.2× | 0.8×-0.3× | |
| Leverage | ||||||
| Debt-to-equity | 0.1×0.0× | 0.1×0.0× | 0.1×0.0× | 0.1×0.0× | 0.1×0.0× | |
| Debt-to-assets | 0×0.0× | 0×0.0× | 0×0.0× | 0×0.0× | 0×0.0× | |
| Net debt / EBITDA | -0.7×+0.2× | -1×-0.1× | -0.9×-0.3× | -0.6×-0.1× | -0.4×+0.3× | |
| Per Share | ||||||
| Book value per share | $8.78-0.3% | $8.81+0.1% | $8.80-1.5% | $8.93+5.3% | $8.48-3.5% | |
| Valuation | ||||||
| Market capitalization | $8.18B+35.7% | $6.03B-20.7% | $7.61B+47.5% | $5.16B+2.0% | $5.05B-17.9% | |
| Enterprise value | $8.02B+37.2% | $5.84B-21.4% | $7.44B+47.0% | $5.06B+1.5% | $4.98B-17.4% | |
| Price / earnings | 57.4×+4.7× | 52.7×-16.4× | 69.1×+26.8× | 42.2×-0.7× | 42.9×-15.0× | |
| Price / sales | 7.8×+1.8× | 6.1×-1.8× | 7.8×+2.3× | 5.5×+0.1× | 5.5×-1.2× | |
| Price / book | 5.5×+1.5× | 4×-1.1× | 5.1×+1.7× | 3.4×-0.1× | 3.5×-0.6× | |
| EV / EBITDA | 35.4×+5.2× | 30.2×-9.0× | 39.3×+8.5× | 30.7×-0.5× | 31.2×-9.6× | |
| EV / sales | 7.7×+1.8× | 5.9×-1.8× | 7.7×+2.2× | 5.4×0.0× | 5.4×-1.2× | |
| Free cash flow yield | 2.9%-1.0pp | 3.9%+1.1pp | 2.8%-0.7pp | 3.5%+0.3pp | 3.2%+1.0pp | |
| Earnings yield | 1.7%-0.2pp | 1.9%+0.4pp | 1.4%-0.9pp | 2.4%0.0pp | 2.3%+0.6pp | |
| Dividend yield | 0.7%-0.2pp | 0.9%+0.2pp | 0.7%-0.3pp | 1%0.0pp | 1%+0.2pp | |
| PEG ratio | 2.7×-4.0× | 6.8×+3.8× | 2.9×+2.2× | 0.8×-1.6× | 2.4×— |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- What are Cognex's profit margins?
- Cognex (CGNX) runs a 68.0% gross margin and a 18.8% operating margin, with a 13.6% net margin.
- Where do Cognex's ratios come from?
- Every ratio is computed from Cognex's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.
