Cognex CGNX Ratios & Valuation
| Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | ||
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | 68%-0.3pp | 66.9%-1.5pp | 67.6%-0.8pp | 67.7%-1.8pp | 68.3%-2.5pp | |
| Operating margin | 18.8%+5.0pp | 16.3%+3.8pp | 16.3%+5.3pp | 14.2%+2.8pp | 13.8%-0.7pp | |
| Net margin | 13.6%+0.8pp | 11.5%-0.1pp | 11.3%+1.2pp | 13.1%+3.8pp | 12.8%+1.0pp | |
| EBITDA margin | 21.6%+4.3pp | 19.4%+3.3pp | 19.5%+4.9pp | 17.7%+3.0pp | 17.3%-0.1pp | |
| Free cash flow margin | 23%+5.4pp | 23.8%+9.2pp | 22%+11.5pp | 19.3%+10.4pp | 17.7%+8.5pp | |
| Returns | ||||||
| Return on equity | 9.7%+1.7pp | 7.6%+0.6pp | 7.2%+1.4pp | 8.1%+2.9pp | 8%+1.2pp | |
| Return on assets | 7.2%+1.3pp | 5.7%+0.4pp | 5.4%+1.0pp | 6.1%+2.2pp | 6%+1.0pp | |
| Return on invested capital | 9.6%+2.1pp | 7.5%+0.8pp | 7.2%+1.2pp | 7.7%+2.3pp | 7.5%+0.5pp | |
| Efficiency | ||||||
| Asset turnover | 0.5×+0.1× | 0.5×0.0× | 0.5×0.0× | 0.5×0.0× | 0.5×0.0× | |
| Inventory turnover | 2.3×+0.5× | 2.2×+0.4× | 2.1×+0.2× | 2×+0.2× | 1.8×+0.1× | |
| Liquidity | ||||||
| Current ratio | 3.6×+0.5× | 3.8×+0.2× | 4×0.0× | 3.3×-0.7× | 3.1×-0.4× | |
| Quick ratio | 2.9×+0.6× | 3×+0.4× | 3.1×+0.1× | 2.5×-0.6× | 2.3×-0.3× | |
| Cash ratio | 1.3×+0.5× | 1.4×+0.3× | 1.5×+0.3× | 0.9×-0.1× | 0.8×0.0× | |
| 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×-0.3× | -1×-0.2× | -0.9×+0.1× | -0.6×+0.2× | -0.4×0.0× | |
| Per Share | ||||||
| Book value per share | $8.78+3.5% | $8.81+0.2% | $8.80-3.0% | $8.93+2.4% | $8.48-1.7% | |
| Valuation | ||||||
| Market capitalization | $8.18B+61.9% | $6.03B-2.0% | $7.61B+9.5% | $5.16B-35.8% | $5.05B-30.7% | |
| Enterprise value | $8.02B+60.9% | $5.84B-3.2% | $7.44B+9.0% | $5.06B-36.2% | $4.98B-31.1% | |
| Price / earnings | 57.4×+14.5× | 52.7×-5.2× | 69.1×-8.9× | 42.2×-60.2× | 42.9×-30.2× | |
| Price / sales | 7.8×+2.3× | 6.1×-0.7× | 7.8×-0.1× | 5.5×-4.0× | 5.5×-3.1× | |
| Price / book | 5.5×+2.0× | 4×0.0× | 5.1×+0.7× | 3.4×-1.9× | 3.5×-1.4× | |
| EV / EBITDA | 35.4×+4.2× | 30.2×-10.6× | 39.3×-13.8× | 30.7×-33.1× | 31.2×-17.7× | |
| EV / sales | 7.7×+2.2× | 5.9×-0.7× | 7.7×-0.1× | 5.4×-3.9× | 5.4×-3.1× | |
| Free cash flow yield | 2.9%-0.3pp | 3.9%+1.7pp | 2.8%+1.5pp | 3.5%+2.5pp | 3.2%+2.2pp | |
| Earnings yield | 1.7%-0.6pp | 1.9%+0.2pp | 1.4%+0.2pp | 2.4%+1.4pp | 2.3%+1.0pp | |
| Dividend yield | 0.7%-0.4pp | 0.9%+0.1pp | 0.7%0.0pp | 1%+0.4pp | 1%+0.4pp | |
| PEG ratio | 2.7×+0.4× | 6.8×— | 2.9×— | 0.8×— | 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.
