Cognex Corporation (CGNX)
Profitability ratios
Return on sales
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 68.32% | 68.45% | 70.40% | 71.82% | 72.85% | 72.88% | 72.32% | 71.66% | 71.88% | 72.28% | 71.50% | 72.16% | 73.43% | 74.26% | 75.79% | 75.02% | 74.57% | 74.12% | 73.72% | 74.75% |
| Operating profit margin | 12.56% | 11.01% | 11.53% | 14.71% | 15.84% | 19.75% | 20.37% | 19.66% | 24.52% | 24.69% | 27.33% | 29.98% | 30.45% | 31.32% | 33.22% | 25.78% | 21.03% | 17.05% | 11.01% | 18.65% |
| Pretax margin | 14.36% | 12.49% | 12.07% | 15.18% | 16.40% | 20.66% | 21.59% | 20.48% | 24.96% | 24.79% | 27.58% | 30.38% | 30.82% | 32.12% | 34.42% | 27.44% | 23.05% | 19.14% | 13.27% | 21.01% |
| Net profit margin | 11.59% | 10.11% | 9.41% | 11.94% | 13.72% | 18.03% | 19.32% | 18.81% | 21.46% | 21.24% | 23.89% | 25.71% | 27.05% | 29.15% | 30.94% | 25.50% | 21.73% | 24.73% | 20.62% | 26.74% |
Cognex Corporation's profitability ratios have shown fluctuations over the past few years. The gross profit margin has been gradually declining from 74.75% in March 2020 to 68.32% in December 2024. This indicates a decrease in the efficiency of the company's production and pricing strategies.
Similarly, the operating profit margin experienced significant fluctuations, reaching a peak of 33.22% in June 2021, before declining to 11.01% in December 2024. This suggests fluctuations in the company's operational efficiency and cost management practices.
The pretax margin followed a similar trend, peaking at 34.42% in June 2021 and then decreasing to 12.49% in September 2024. This shows variations in the company's ability to generate profits before accounting for taxes.
Moreover, the net profit margin also displayed fluctuations, declining from 30.94% in June 2021 to 9.41% in June 2024. This indicates changes in the company's profitability after accounting for all expenses and taxes.
Overall, the decreasing trend in profitability margins suggests a need for Cognex Corporation to focus on cost management, operational efficiency, and pricing strategies to maintain and improve its profitability in the future.
Return on investment
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 5.77% | 4.70% | 4.79% | 6.10% | 6.48% | 8.66% | 9.09% | 9.20% | 12.57% | 13.07% | 15.23% | 16.72% | 15.73% | 15.50% | 16.14% | 11.95% | 9.47% | 6.26% | 3.90% | 7.08% |
| Return on assets (ROA) | 5.33% | 4.32% | 3.91% | 4.95% | 5.61% | 7.91% | 8.63% | 8.80% | 11.01% | 11.25% | 13.31% | 14.34% | 13.97% | 14.43% | 15.03% | 11.82% | 9.78% | 9.08% | 7.31% | 10.14% |
| Return on total capital | 7.58% | 6.19% | 6.37% | 8.24% | 8.69% | 11.58% | 12.27% | 12.56% | 17.12% | 17.88% | 21.29% | 23.80% | 22.03% | 21.28% | 22.86% | 16.80% | 13.51% | 8.57% | 5.49% | 10.05% |
| Return on equity (ROE) | 7.00% | 5.68% | 5.20% | 6.69% | 7.53% | 10.57% | 11.64% | 12.02% | 14.98% | 15.39% | 18.61% | 20.41% | 19.57% | 19.81% | 21.29% | 16.62% | 13.96% | 12.43% | 10.27% | 14.41% |
Cognex Corporation's profitability ratios have shown fluctuations over the past few years.
1. Operating return on assets (Operating ROA) has generally been above 5%, indicating the company has been able to generate profits from its core operations effectively. The ratio peaked at 16.72% on March 31, 2022 and gradually decreased to 4.70% on September 30, 2024.
2. Return on assets (ROA) also followed a similar trend, with values ranging from 3.91% on June 30, 2024 to 15.03% on June 30, 2021. This ratio illustrates how efficiently the company's assets are being used to generate profits.
3. Return on total capital reflects the return generated from all capital invested in the company. This ratio ranged from 6.19% on September 30, 2024 to 23.80% on March 31, 2022. The decreasing trend towards the end of the period indicates a potentially less efficient use of total capital.
4. Return on equity (ROE) represents the return on shareholders' equity. The values varied from 5.20% on June 30, 2024 to 21.29% on June 30, 2021. This ratio shows how well the company is using shareholders' equity to generate profits.
Overall, Cognex Corporation has shown mixed profitability performance over the years, with some periods of significant growth in profitability ratios and others showing a decline. It is important for investors and stakeholders to closely monitor these ratios to assess the company's financial health and performance.