Cognex Corporation (CGNX) vs Trimble Inc. (TRMB)
Cognex Corporation and Trimble Inc. are both Scientific & Technical Instruments companies. Trimble Inc. is the larger, with a market value of $13.5B against $9.8B — 1.4× the size. Trimble Inc. has negative trailing earnings, so its P/E is not meaningful; Cognex Corporation trades at 55.9×. Cognex Corporation grew revenue faster over the last twelve months: 17.2% against 5.80%. Cognex Corporation has the higher net margin (16.1% vs −2.77%) and the higher return on invested capital (12.2% vs 6.32%). Across the 21 metrics below, Cognex Corporation leads on 13 and Trimble Inc. on 8.
Valuation
Profitability
| Metric | CGNX | TRMB | Scientific & Technical Instruments median |
|---|---|---|---|
| Gross margin | 68.87% | 69.80% | 45.75% |
| Operating margin | 21.90% | 16.99% | 7.34% |
| Net margin | 16.05% | (2.77%) | 1.56% |
| Free cash flow margin | 25.25% | 20.44% | 5.84% |
| Return on equity | 11.15% | (1.94%) | 2.87% |
| Return on assets | 8.36% | (1.19%) | 0.99% |
| Return on invested capital | 12.16% | 6.32% | 3.88% |
Growth
Health
Dividend
Size
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