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Cognex Corporation

Technology US CGNX

50.58USD
-0.24(0.47%)

Last update at 2026-03-10T20:00:00Z

Day Range

50.3551.85
LowHigh

52 Week Range

34.0959.09
LowHigh

Fundamentals

  • Previous Close 50.82
  • Market Cap8102.45M
  • Volume1746157
  • P/E Ratio82.81
  • Dividend Yield0.63%
  • EBITDA141.09M
  • Revenue TTM847.22M
  • Revenue Per Share TTM4.92
  • Gross Profit TTM 721.90M
  • Diluted EPS TTM0.57

Source: TradingView
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Financials

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Income before tax 250.69M 318.90M 186.91M 162.99M 234.57M
Minority interest - - - - -
Net income 215.53M 279.88M 176.19M 203.87M 219.27M
Selling general administrative 312.11M 309.35M 267.59M 273.84M 262.70M
Selling and marketing expenses - - - - -
Gross profit 721.90M 759.83M 604.60M 535.87M 600.29M
Reconciled depreciation 19.62M 20.28M 26.50M 24.90M 21.55M
Ebit 246.23M 315.10M 170.53M 97.31M 186.16M
Ebitda 286.63M 311.30M 251.33M 122.21M 207.71M
Depreciation and amortization 40.41M -3.79900M 80.80M 24.90M 21.55M
Non operating income net other 4.47M 3.80M 16.38M 20.39M 13.43M
Operating income 246.23M 315.10M 170.53M 97.31M 221.14M
Other operating expenses 737.42M 722.00M 605.00M 583.02M 585.20M
Interest expense 16.32M 27.88M 37.92M 65.68M 0.00000M
Tax provision 35.17M 39.02M 10.72M -40.87100M 15.31M
Interest income - - - 19.18M 13.65M
Net interest income - - - - -
Extraordinary items - - - - -11.02800M
Non recurring 1.66M - 35.49M - -
Other items - - - - -
Income tax expense 35.17M 39.02M 10.72M -40.87100M 15.31M
Total revenue 1006.09M 1037.10M 811.02M 725.62M 806.34M
Total operating expenses 453.24M 444.73M 398.57M 393.27M 379.14M
Cost of revenue 284.19M 277.27M 206.42M 189.75M 206.05M
Total other income expense net 4.47M 3.80M 16.38M 65.68M 13.43M
Discontinued operations - - - - -
Net income from continuing ops 215.53M 279.88M 176.19M 122.12M 219.27M
Net income applicable to common shares 215.53M 279.88M 176.19M 203.87M 219.27M
Preferred stock and other adjustments - - - - -
Breakdown 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Type yearly yearly yearly yearly yearly
Date 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Total assets 2017.81M 1958.14M 2003.66M 1800.70M 1885.93M
Intangible assets 112.95M 12.41M 11.89M 15.55M 39.49M
Earning assets - - - - -
Other current assets 68.10M 67.49M 210.19M 37.22M 272.09M
Total liab 513.06M 519.75M 573.57M 538.50M 530.23M
Total stockholder equity 1504.75M 1438.39M 1430.09M 1262.20M 1355.71M
Deferred long term liab - 249.96M 293.77M 314.95M 332.34M
Other current liab 89.28M 58.55M 58.73M 86.64M 72.93M
Common stock 0.34M 0.34M 0.35M 0.35M 0.34M
Capital stock 0.34M 0.34M 0.35M 0.35M 0.34M
Retained earnings 512.54M 528.18M 562.88M 487.91M 753.27M
Other liab - 300.74M 367.19M 388.08M 397.42M
Good will 393.18M 242.63M 241.71M 244.08M 243.44M
Other assets - 413.88M 425.81M 860.21M 455.35M
Cash 202.66M 854.25M 907.36M 269.07M 845.35M
Cash and equivalents - - - - -
Total current liabilities 151.88M 228.13M 238.74M 132.30M 163.07M
Current deferred revenue 31.52M 40.79M 35.74M 21.27M 14.43M
Net debt -124.05400M -806.04400M -881.78300M -242.84300M -827.38000M
Short term debt 9.62M 8.45M 7.79M 8.11M 5.65M
Short long term debt - - - - -
Short long term debt total 78.60M 48.21M 25.58M 26.23M 17.97M
Other stockholder equity 1037.20M 979.17M 914.80M 807.74M 639.37M
Property plant equipment - 79.71M 77.55M 79.17M 89.44M
Total current assets 679.00M 1102.15M 1150.81M 601.69M 1009.06M
Long term investments 244.23M 454.12M 583.75M 395.12M 433.45M
Net tangible assets - 1183.35M 1176.49M 1002.57M 1072.78M
Short term investments 129.39M 218.76M 137.46M 103.24M 240.47M
Net receivables 116.57M 125.42M 130.35M 131.33M 103.45M
Long term debt - - - - -
Inventory 162.28M 122.48M 113.10M 60.83M 60.26M
Accounts payable 21.45M 120.34M 136.48M 16.27M 70.06M
Total permanent equity - - - - -
Noncontrolling interest in consolidated entity - - - - -
Temporary equity redeemable noncontrolling interests - - - - -
Accumulated other comprehensive income -45.33600M -69.29700M -47.94200M -33.80100M -37.27500M
Additional paid in capital - - - - -
Common stock total equity - 0.34M 0.35M 0.35M 0.34M
Preferred stock total equity - - - - -
Retained earnings total equity - 528.18M 562.88M 487.91M 753.27M
Treasury stock - - - - -
Accumulated amortization - - - - -
Non currrent assets other 7.09M -377.80500M -503.77400M 7.79M -395.99700M
Deferred long term asset charges - - - - 449.52M
Non current assets total 1338.82M 855.99M 852.85M 1199.01M 876.87M
Capital lease obligations 78.60M 39.75M 25.58M 26.23M 17.97M
Long term debt total - - - - -
Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Investments 20.26M -237.08400M 181.74M 31.32M 30.53M
Change to liabilities -15.66500M 38.29M -0.11900M 21.84M -27.33600M
Total cashflows from investing activities -4.45400M -252.53900M 169.44M -157.33600M -10.82700M
Net borrowings - - - - -
Total cash from financing activities -240.37400M -141.62300M -316.86800M -32.23300M -209.90400M
Change to operating activities -17.02300M -12.07000M 19.18M 2.96M -10.20800M
Net income 215.53M 279.88M 176.19M 203.87M 219.27M
Change in cash -4.78700M -82.91200M 97.64M 63.22M 1.63M
Begin period cash flow 186.16M 269.07M 171.43M 108.21M 106.58M
End period cash flow 181.37M 186.16M 269.07M 171.43M 108.21M
Total cash from operating activities 243.41M 314.06M 242.40M 253.22M 223.45M
Issuance of capital stock - - - - -
Depreciation 19.62M 20.28M 26.50M 24.90M 21.55M
Other cashflows from investing activities -5.05000M - 1.00M -166.91100M -4.26500M
Dividends paid -45.92100M -43.26300M -390.50800M -35.12400M 31.86M
Change to inventory -48.93400M -54.92000M -10.31900M 23.14M -16.94600M
Change to account receivables 3.45M -4.50300M -21.28500M 16.81M -1.86700M
Sale purchase of stock -204.31400M -161.65200M -51.03600M -61.69000M -203.82200M
Other cashflows from financing activities -4.45400M 63.29M 124.68M 64.58M -1.00000M
Change to netincome 27.37M 40.45M 56.46M -52.13000M 40.17M
Capital expenditures 19.67M 15.46M 13.30M 21.75M 37.09M
Change receivables 3.45M -4.50300M -21.28500M 20.34M -2.77300M
Cash flows other operating 37.07M -10.30400M 13.70M 11.90M -10.58800M
Exchange rate changes - - - -0.43700M -1.09300M
Cash and cash equivalents changes -1.42200M -80.09700M 94.97M 63.22M 1.63M
Change in working capital -73.53200M -34.01200M -31.36100M 77.21M -57.64300M
Stock based compensation 54.51M 43.77M 42.66M 45.59M 41.09M
Other non cash items 54.62M 7.26M 31.76M -3.47100M -0.39600M
Free cash flow 223.74M 298.61M 229.10M 231.48M 186.36M

Peer Comparison

Sector: Technology Industry: Scientific & Technical Instruments

Company Change (USD) Price (USD) Trailing PE (x) Forward PE (x) Price Sales TTM (x) Price to Book Value (x) Enterprise Value to Revenue (x) Enterprise Value to EBITDA (x)
CGNX
Cognex Corporation
-0.24 0.47% 50.58 82.81 42.73 8.40 4.67 8.09 46.89
KYCCF
Keyence
19.74 5.35% 388.75 41.66 38.76 0.11 5.69 0.10 0.19
HXGBY
Hexagon AB ADR
-0.13 1.22% 10.54 33.46 33.33 6.00 2.83 6.50 29.28
HXGBF
Hexagon AB (publ)
0.01 0.09% 10.90 33.03 32.15 5.73 2.79 6.64 29.93
KEYS
Keysight Technologies Inc
3.52 1.25% 285.54 26.94 21.64 5.05 5.89 4.94 16.38

Reports Covered

Stock Research & News

Profile

Cognex Corporation provides machine vision products that capture and analyze visual information to automate manufacturing and distribution tasks worldwide. Its machine vision products are used to automate the manufacturing and tracking of discrete items, including mobile phones, electric vehicle batteries, and e-commerce packages by locating, identifying, inspecting, and measuring them during the manufacturing or distribution process. The company offers VisionPro software, a suite of patented vision tools for advanced programming; QuickBuild that allows customers to build vision applications with a graphical, flowchart-based programming interface; and Cognex deep learning vision software. It also provides a range of inspection tasks, including part location, identification, measurement, assembly verification, and robotic guidance; vision sensors for vision applications, such as checking the presence and size of parts; and the In-Sight product line of vision systems and sensors. In addition, the company offers DataMan, an image-based barcode readers and barcode verifiers. It sells its products to automotive, logistics, consumer electronics, medical-related, semiconductor, consumer products, food and beverage, and others, as well as through a network of distributors and integrators. The company was incorporated in 1981 and is headquartered in Natick, Massachusetts.

Cognex Corporation

One Vision Drive, Natick, MA, United States, 01760-2059

Key Executives

Name Title Year Born
Mr. Robert J. Willett CEO, Pres & Exec. Director 1968
Dr. Robert J. Shillman Founder, Chairman Emeritus & Adviser 1947
Mr. Paul D. Todgham Sr. VP of Fin. & CFO 1977
Ms. Sheila M. DiPalma CPA Exec. VP of Employee Services and Corp. Officer & Chief Culture Officer 1967
Mr. Carl W. Gerst III Exec. VP of Vision, ID Products & Platforms 1968
Mr. Joerg Kuechen Sr. VP of Advanced Vision Technology & CTO NA
Ms. Susan Conway Sr. Director of Investor Relations NA
Mr. Todd Keebaug VP of Legal Services NA
Ms. Robin Pratt Corp. Communications Contractor NA
Mr. Didier Lacroix Sr. VP Worldwide Sales & Marketing NA

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