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) Return on invested capital

Alert me on Return on invested capital

Cognex Corporation's return on invested capital over the twelve months to 30 June 2026 was 12.2%, up 3.4 percentage points from fiscal 2025 (8.80%). Over the past ten years it has ranged from 5.66% (fiscal 2024) to 23.4% (fiscal 2017); the current reading is higher than 27% of that period. That is above the Scientific & Technical Instruments industry median of 4.67% and above the Technology sector median of 0.00%.

Return on invested capital, annual

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Annual newest first

Period Return on invested capital Change (points)
FY2025 8.80% 3.14
FY2024 5.66% (1.31)
FY2023 6.97% (7.85)
FY2022 14.8% (2.98)
FY2021 17.8% 5.82
FY2020 12.0% 2.54
FY2019 9.44% (13.61)
FY2018 23.1% (0.36)
FY2017 23.4% 5.64
FY2016 17.8% 1.85

Against its own ten years

Low 5.66% High 23.4%
Ten-year median 14.8%
Current reading's percentile 27

Return on invested capital against peers

Company Return on invested capital
BMI Badger Meter, Inc. compare 17.7%
VNT Vontier Corporation compare 14.3%
CGNX Cognex Corporation 12.2%
ESE ESCO Technologies Inc. compare 7.76%
ST Sensata Technologies Holding N.V. compare 7.39%
MKSI MKS Inc. compare 6.74%
TRMB Trimble Inc. compare 6.32%
FTV Fortive Corporation compare 5.93%
NOVT Novanta Inc. compare 5.12%
Scientific & Technical Instruments industry median 4.67%
Technology sector median 0.00%
Market median 0.00%

What Return on invested capital is

Return on Invested Capital shows how much after-tax operating profit a company earns on the money its lenders and shareholders have put in.

TTM: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) (latest quarter) + Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter) − Cash & Short Term Investments (latest quarter)); Annual: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) + Long Term Debt (Total) + Current Part of Debt − Cash & Short Term Investments)

The full definition of Return on invested capital →

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