Cognex Corporation

CGNX Technology Scientific & Technical Instruments

Cognex Corporation’s revenue for fiscal 2025 (year ended December 2025) was $994.4 million, up 8.73% from fiscal 2024.

Revenue
+16.9%
EPS
+79.2%
Free cash flow
+67.3%

Quarter to June 2026, against a year earlier

52.63 5.48 −9.43%
Market cap
$9.8B
P/E
55.4×
Fwd P/E
34.5×
Dividend yield
0.58%
F-score
8/9
Altman Z
8.26
Beneish M
−2.78
Dividend safety
84/100

Cognex Corporation (CGNX) Price to free cash flow

Alert me on Price to free cash flow

As of 3 November 2026, Cognex Corporation (CGNX) trades at a price to free cash flow of 36.8×. Over the past ten years it has ranged from 19.5× (December 2015) to 140× (July 2024); the current reading is higher than 28% of that period. That is above the Scientific & Technical Instruments industry median of 28.5× and above the Technology sector median of 20.0×.

Price to free cash flow, daily

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Annual newest first

Period Price to free cash flow Change
FY2025 26.0× (47.84%)
FY2024 49.8× (43.17%)
FY2023 87.6× 124.70%
FY2022 39.0× (18.18%)
FY2021 47.6× (25.26%)
FY2020 63.7× 46.83%
FY2019 43.4× 14.52%
FY2018 37.9× (34.06%)
FY2017 57.5× 68.97%
FY2016 34.0× 16.23%

Quarterly newest first

Period Price to free cash flow Change
Jun 2026 45.8× 33.29%
Mar 2026 34.4× 32.45%
Dec 2025 26.0× (30.60%)
Sep 2025 37.4× 18.78%
42 more quarters

Against its own ten years

Low 19.5× High 140×
Ten-year median 42.9×
Current reading's percentile 28

Price to free cash flow against peers

Company Price to free cash flow
ST Sensata Technologies Holding N.V. compare 9.4×
VNT Vontier Corporation compare 13.3×
FTV Fortive Corporation compare 18.5×
TRMB Trimble Inc. compare 20.0×
MKSI MKS Inc. compare 30.2×
BMI Badger Meter, Inc. compare 30.8×
ESE ESCO Technologies Inc. compare 33.1×
CGNX Cognex Corporation 36.8×
NOVT Novanta Inc. compare 55.3×
Scientific & Technical Instruments industry median 28.5×
Technology sector median 20.0×
Market median 14.2×

What Price to free cash flow is

Price to Free Cash Flow Ratio shows how much investors pay for each dollar of cash a company generates after its capital spending.

Stock Price ÷ ((Operating Cash Flow (TTM) + Property, Plant, Equipment Change (Net) (TTM) + Intangible Assets Change (Net) (TTM)) ÷ (Shares (Basic, Weighted) (latest quarter)))

The full definition of Price to free cash flow →

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