This is the average share buyback rate of the company over the past 3 years. A negative number means the company might be issuing new shares. A positive number indicates that the company is buying back shares.
The historical rank and industry rank for Illumina's 3-Year Average Share Buyback Ratio or its related term are showing as below:
ILMN'
s 3-Year Average Share Buyback Ratio Range Over the Past 10 Years
Min: -184.6 Med: -4.55 Max: 0.2
Current: -2.2
During the past years, Illumina's highest 3-Year Average Share Buyback Ratio was 0.20. The lowest was -184.60. And the median was -4.55.
ILMN's 3-Year Average Share Buyback Ratio is ranked better than 73.22% of 183
companies
in the Medical Diagnostics & Research industry
Industry Median: -7.00
vs ILMN: -2.20
Illumina 3-Year Average Share Buyback Ratio Historical Data
The historical data trend for Illumina's 3-Year Average Share Buyback Ratio 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.
* Premium members only.
Illumina Annual Data
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Illumina Quarterly Data
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Competitive Comparison
For the Diagnostics & Research subindustry, Illumina's 3-Year Average Share Buyback Ratio, along with its competitors' market caps and 3-Year Average Share Buyback Ratio 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.
Illumina 3-Year Average Share Buyback Ratio Distribution
For the Medical Diagnostics & Research industry and Healthcare sector, Illumina's 3-Year Average Share Buyback Ratio distribution charts can be found below:
* The bar in red indicates where Illumina's 3-Year Average Share Buyback Ratio falls into.
Illumina 3-Year Average Share Buyback Ratio Calculation
This is the average share buyback rate of the company over the past 3 years.
Illumina (NAS:ILMN) 3-Year Average Share Buyback Ratio Explanation
A negative number means the company might be issuing new shares. A positive number indicates that the company is buying back shares.
Be Aware
Investors usually like share buybacks. But as pointed by Warren Buffett, only if a company buys back shares at the prices below the stock's intrinsic value, it rewards remaining shareholders. If a company buys its overvalued stocks back, it destroys shareholder value.
Illumina 3-Year Average Share Buyback Ratio Related Terms
Thank you for viewing the detailed overview of Illumina's 3-Year Average Share Buyback Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Illumina provides tools and services to analyze genetic material with life science and clinical lab applications. The company generates revenue from sequencing tools and dedicated consumables (76% of 2020 sales). Illumina's high-throughput technology enables whole genome sequencing in humans and other large organisms. Its lower throughput tools enable applications that require smaller data outputs, such as viral and cancer tumor screening. Illumina also sells microarrays (9% of sales) that enable lower-cost, focused genetic screening with primarily consumer and agricultural applications. Services account for 16% of sales and include basic maintenance services, clinical lab applications (such as noninvasive prenatal, oncology, and rare-disease screening), and whole genome sequencing.
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