Cognex (CGNX) Asset Utilization Ratio (2010 - 2026)
Cognex's (CGNX) quarterly Asset Utilization Ratio came in at 0.52 in Q3 2026, up 10.2% on a YoY basis from 0.47 in Q3 2025, and little changed quarter-over-quarter from 0.52 in Q2 2026.
Analysis
Cognex (CGNX) Asset Utilization Ratio (2010 - 2026) Analysis & Trends
Cognex (CGNX) has reported Asset Utilization Ratio for 17 consecutive years, with 0.52 the latest figure, recorded in Q3 2026.
- For the quarter ending Q3 2026, Asset Utilization Ratio rose 10.2% year-over-year to 0.52; the trailing twelve-month figure through Jul 2026 stood at 0.52 (up 10.2% YoY), and the FY2025 full-year result was 0.5, up 8.76% from the prior year.
- Asset Utilization Ratio was little changed at 0.52 in Q3 2026 per CGNX's latest filing, from 0.52 in the prior quarter.
- Across five years, Asset Utilization Ratio topped out at 0.56 in Q3 2022 and bottomed at 0.42 in Q4 2023.
- Historically, Asset Utilization Ratio has averaged 0.48 across 5 years, with a median of 0.47 in 2023.
- The sharpest annual moves came in 2022 and 2023: Asset Utilization Ratio grew 15.3% in 2022, then slipped 19.85% in 2023.
- Over 5 years, Asset Utilization Ratio stood at 0.52 in 2022, then declined by 19.85% to 0.42 in 2023, then rose by 7.89% to 0.45 in 2024, then increased by 9.73% to 0.49 in 2025, then advanced by 5.19% to 0.52 in 2026.
- According to Business Quant data, Asset Utilization Ratio over the past three periods registered 0.52, 0.52, and 0.49 for Q3 2026, Q2 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | 3M | 84.63 Bn | 81.30 Bn | 2.68 Bn | 0.72 |
| 2 | Illinois Tool Works | 75.96 Bn | 75.12 Bn | 1.90 Bn | 1.01 |
| 3 | Ametek | 53.68 Bn | 53.19 Bn | 735.04 Mn | 0.48 |
| 4 | Rockwell Automation | 46.83 Bn | 46.35 Bn | 1.14 Bn | 0.80 |
| 5 | Mettler Toledo International | 25.77 Bn | 25.72 Bn | 650.22 Mn | 1.13 |
| 6 | Dover | 25.23 Bn | 23.47 Bn | 880.61 Mn | 0.62 |
| 7 | Nordson | 17.11 Bn | 17.00 Bn | 453.73 Mn | 0.50 |
| 8 | Fortive | 16.56 Bn | 16.19 Bn | 695.30 Mn | 0.37 |
| 9 | RBC Bearings | 15.05 Bn | 14.92 Bn | 247.80 Mn | 0.38 |
| 10 | Cognex | 10.32 Bn | 9.91 Bn | 205.77 Mn | 0.52 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 5, 2026 | 0.52 |
| Apr 5, 2026 | 0.52 |
| Dec 31, 2025 | 0.49 |
| Sep 28, 2025 | 0.49 |
| Jun 29, 2025 | 0.47 |
| Mar 30, 2025 | 0.47 |
| Dec 31, 2024 | 0.45 |
| Sep 29, 2024 | 0.43 |
| Jun 30, 2024 | 0.42 |
| Mar 31, 2024 | 0.42 |
| Dec 31, 2023 | 0.42 |
| Oct 1, 2023 | 0.44 |
| Jul 2, 2023 | 0.45 |
| Apr 2, 2023 | 0.47 |
| Dec 31, 2022 | 0.52 |
| Oct 2, 2022 | 0.53 |
| Jul 3, 2022 | 0.56 |
| Apr 3, 2022 | 0.55 |
| Dec 31, 2021 | 0.51 |
| Oct 3, 2021 | 0.50 |