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Cognex Corp  (CGNX)
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Cognex's ROA from the fourth quarter of 2023 to the fourth quarter of 2022 and 5 Year Period

Return on Assets, Quarterly Results, Trends, Rankings, Statistics


What is Cognex's ROA in the fourth quarter of 2023?
Cognex Corp achieved a return on average assets (ROA) of 5.85 % in its fourth quarter of 2023, which is below Cognex's average return on assets, which stands at 13.8%.

ROA decreased relative to the period ending Oct 01 2023, due to the decline in net income.

However, within the Technology sector 108 other companies had a higher return on assets. While Return on assets, overall ranking has advanced in the Dec 31 2023 quarter, so far to 774, from total ROA ranking in the third quarter of 2023 at 782.

What is ROA?


Return On Assets (Dec 31 2023)
IV. Quarter
(Oct 01 2023)
III. Quarter
(Jul 02 2023)
II. Quarter
(Apr 02 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
Y / Y Total Assets Change 1.12 % 2.99 % 0.95 % 1.76 % -2.59 %
Y / Y Net Income Change -79.7 % -44.33 % -2.42 % -61.96 % 3.32 %
Net Income (TTM) in million 113 157 172 174 216
Return On Assets (TTM) 5.85 % 8.15 % 9 % 9.09 % 11.32 %
CGNX's Total Ranking # 774 # 782 # 755 # 767 # 730
Total Assets (TTM) in million 1,945 1,927 1,933 1,938 1,924
Seq. Total Assets Change 0.95 % -0.3 % -0.27 % 0.75 % 2.81 %
Seq. Net Income Change -40.64 % -67.09 % 124.38 % -53.69 % 62.78 %



Return On Assets Company Ranking
Within: No.
Industry # 9
Sector # 109
Overall # 772

Return On Assets Statistics
High Average Low
22.76 %
13.8 %
5.68 %
(Sep. 30, 2015)  





Financial Statements
Cognex's Assets $ 1,945 million CGNX's Balance sheet
Cognex's Income $ 11 million Quarterly CGNX's Income Statement
CGNX's Income by Division See CGNX's Income by Division



Annual Return On Assets (Dec 31 2023)
FY 2023
(Dec 31 2022)
FY 2022
(Dec 31 2021)
FY 2021
(Dec 31 2020)
FY 2020
(Dec 31 2019)
FY 2019
Y / Y Total Assets Change 17.6 % -3.03 % 11.47 % -4.86 % 45.04 %
Total Assets in million 2,262 1,924 1,984 1,780 1,871
Y / Y Net Income Change -47.46 % -22.99 % 58.86 % -13.58 % -7.02 %
Net Income in million 113 216 280 176 204
Return On Assets 5.01 % 11.2 % 14.11 % 9.9 % 10.9 %




Comment on CGNX's ROA in the fiscal year ending 2023
In the fiscal year 2023 Cognex's ROA decreased compared to previous year to 5.01 %, due to deterioration of net income -47.46 % to $113.23 million, from $215.53 million a year ago, as CGNX's assets were $2,262.04 million.


More Return On Assets Ratios
CGNX's' Return on Assets at Yahoo Finance
Electronic Instruments & Controls Industry Return On Assets Trends and Statistics
Technology Sector Roa Statistics
Roa Trends for overall market
CGNX's Roa Ratio versus Electronic Instruments & Controls Industry, Technology Sector and overall Market
Highest Ranking Return On Assets
Lowest Ranking Return On Assets
Roa for CGNX's Competitors
Roa for Cognex's Suppliers
Return On Assets for CGNX's Customers

You may also want to know
CGNX's Roi CGNX's Inventory Turnover Ratio CGNX's Growth Rates CGNX's Dividend Comparisons
CGNX's Profitability Ratios CGNX's Asset Turnover Ratio CGNX's Dividend Growth
CGNX's Roe CGNX's Valuation Ratios CGNX's Financial Strength Ratios CGNX's Dividend Payout Ratio



Companies with similar Return On Assets at Dec 31 2023, within Technology Sector ROA
Transact Technologies Inc  15.95 %
Fortinet Inc   15.80 %
Qualcomm Inc  15.49 %
Dropbox Inc   15.21 %
Match Group Inc   15.06 %
Palo Alto Networks Inc  14.74 %
Thomson Reuters Corporation  14.42 %
Microchip Technology Incorporated  14.37 %
Verisk Analytics Inc   14.26 %
Photronics Inc   13.84 %
Synopsys Inc   13.75 %
Jack Henry and Associates Inc   13.73 %
Optex Systems Holdings Inc   13.66 %
Motorola Solutions inc   13.61 %
Cisco Systems Inc   13.46 %
Where Food Comes From Inc   13.22 %
Hubbell Inc  12.87 %
Doximity Inc   12.75 %
Enphase Energy Inc   12.74 %
Marketwise Inc   12.58 %
Fabrinet  12.47 %
Amphenol Corporation  12.37 %
Gen Digital Inc   12.08 %
Factset Research Systems Inc   12.06 %
Nova Ltd   12.02 %
Harmonic Inc   11.85 %
Gartner Inc   11.84 %
Broadcom Inc   11.81 %
Nxp Semiconductors N v   11.77 %
Cognizant Technology Solutions Corporation  11.70 %


Date modified: 2024-02-15T16:21:04+00:00


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