Cognex (MIL:1CGNX) FCF Margin %: 23.22% (As of Jun. 2026) — Near Median

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MIL:1CGNX Cognex Corp MIL:1CGNX
58 GF Score
Price €53.06
GF Value €46.21
Valuation Modestly Overvalued
! 4 Warning Signs
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What is Cognex FCF Margin %?

Cognex MIL:1CGNX 58 FCF Margin % is 23.22% as of Jun. 2026, which is 6% below its 10-year median of 24.67. GuruFocus rates MIL:1CGNX with a GF Score™ of 58/100 and a GF Value™ of €46.21 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 2,477 Hardware companies, Cognex ranks better than 95.92% on this metric.

FCF Margin % is calculated as Free Cash Flow divided by its Revenue. Cognex's Free Cash Flow for the three months ended in Jun. 2026 was €58.7 Mil. Cognex's Revenue for the three months ended in Jun. 2026 was €252.8 Mil. Therefore, Cognex's FCF Margin % for the quarter that ended in Jun. 2026 was 23.22%.

As of today, Cognex's current FCF Yield % is 2.63%.

The historical rank and industry rank for Cognex's FCF Margin % or its related term are showing as below:

MIL:1CGNX' s FCF Margin % Range Over the Past 10 Years
Min: 10.73   Med: 24.67   Max: 31.97
Current: 24.6


During the past 13 years, the highest FCF Margin % of Cognex was 31.97%. The lowest was 10.73%. And the median was 24.67%.

MIL:1CGNX's FCF Margin % is ranked better than
95.92% of 2477 companies
in the Hardware industry
Industry Median: -0.25 vs MIL:1CGNX: 24.60


Cognex FCF Margin % Related Terms


Cognex FCF Margin % Historical Data

* Premium members only.

The historical data trend for Cognex's FCF Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Cognex FCF Margin % Chart

Cognex Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
FCF Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 28.79 22.24 10.73 14.66 23.81

Cognex Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
FCF Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 16.23 31.07 28.65 15.77 23.22

MIL:1CGNX vs ESE, TRMB, ST: FCF Margin % Comparison

For the Scientific & Technical Instruments subindustry, Cognex's FCF Margin %, along with its competitors' market caps and FCF Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Cognex FCF Margin % vs Hardware Industry

For the Hardware industry and Technology sector, Cognex's FCF Margin % distribution charts can be found below:

* The bar in red indicates where Cognex's FCF Margin % falls into.


MIL:1CGNX
58GF Score
Cognex Corp MIL:1CGNX
FCF Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Cognex FCF Margin % Calculation

FCF margin is the ratio of Free Cash Flow divided by net sales or Revenue, usually presented in percent.

Cognex's FCF Margin for the fiscal year that ended in Dec. 2025 is calculated as

FCF Margin=Free Cash Flow (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=202.202/849.183
=23.81 %

Cognex's FCF Margin for the quarter that ended in Jun. 2026 is calculated as

FCF Margin=Free Cash Flow (Q: Jun. 2026 )/Revenue (Q: Jun. 2026 )
=58.695/252.816
=23.22 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about FCF Margin % →
What does a FCF Margin % of 23.22% mean?
Cognex (MIL:1CGNX) has a FCF Margin % of 23.22% as of Jun. 2026. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Cognex and its competitors. This is near median its historical median of 24.67. Over the past decade, Cognex's FCF Margin % has ranged from 10.73 to 31.97. According to the industry distribution chart, Cognex ranks #101 out of 2477 companies in the Hardware industry, placing it in the top 4.1%.
Is Cognex's FCF Margin % too high?
Cognex's current FCF Margin % of 23.22% is near median its 10-year median of 24.67. Over the past 10 years, this metric has ranged from a low of 10.73 to a high of 31.97. Based on the distribution chart, Cognex ranks #101 out of 2477 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Cognex has a GF Score™ of 58/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Cognex's FCF Margin % compare to ESE and TRMB?
According to the Hardware industry distribution chart, Cognex ranks #101 out of 2477 companies for FCF Margin %. This places Cognex in the top 4% of its industry — outperforming the majority of peers. Historically, Cognex's own FCF Margin % has ranged from 10.73 to 31.97 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good FCF Margin % for a Hardware company?
A good FCF Margin % depends on the Hardware industry context. However, FCF Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high FCF Margin % mean?
A high FCF Margin % can signal that a stock is expensive relative to its fundamentals. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Cognex and its competitors. Cognex's current FCF Margin % is 23.22%, which is near median its own 10-year median of 24.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cognex stock overvalued right now?
Based on GuruFocus' analysis, Cognex (MIL:1CGNX) is currently considered Modestly Overvalued. The stock's GF Value™ is €46.21, compared to a current price of €53.06 — trading 14.8% above its estimated fair value. The current FCF Margin % is 23.22%, which is near median its 10-year median of 24.67. Cognex's overall GF Score™ is 58/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is FCF Margin % calculated?
FCF Margin % is calculated from a company's financial statements. For Cognex (MIL:1CGNX), the current FCF Margin % is 23.22% as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Cognex (MIL:1CGNX) Overvalued in 2026?

Based on GuruFocus' analysis, Cognex stock appears to be overvalued. The current stock price of €53.06 is trading 14.8% above its estimated GF Value™ of €46.21. GuruFocus considers Cognex to be Modestly Overvalued.

Key valuation signals for MIL:1CGNX:

  • FCF Margin %: 23.22% (near median its 10-year median of 24.67)
  • GF Value™: €46.21 vs. price of €53.06 (14.8% above fair value)
  • GF Score™: 58/100 with 4 warning signs

No single metric tells the full story. See the MIL:1CGNX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Cognex Business Description

Address One Vision Drive, Natick, MA, USA, 01760-2059
Cognex Corp provides machine vision products that help automate manufacturing processes. The firm's products include vision software, vision systems, vision sensors, and ID products. Vision software combines vision tools with a customer's cameras and peripheral equipment and can help with several vision tasks, including part location, identification, measurement, and robotic guidance. Vision systems combine a camera, processor, and vision software into a single package. Vision sensors deliver simple, low-cost solutions for common vision applications, such as checking the size of parts. Geographically, it operates in United states, Europe, Greater China and others. Cognex generates the maximum proportion of its sales in the United States and Europe.
58GF Score

Get the complete analysis for MIL:1CGNX

FCF Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€53.06
Price
€46.21
GF Value