Cognex vs Crane NXT
Crane NXT is the larger business, with $1.66bn of revenue in fiscal 2025 against $994m for Cognex (1.7 times as much). Crane NXT grew faster (11.4% against 8.7%). Cognex kept more of each dollar of sales as profit: a net margin of 11.5% against 8.8%. Cognex carries less debt relative to equity (0.0% against 90.9%).
| Latest fiscal year | CognexCGNX, 2025 | Crane NXTCXT, 2025 |
|---|---|---|
| Revenue | $994m | $1.66bn |
| Revenue growth | 8.7% | 11.4% |
| Net income | $114m | $145m |
| Operating margin | 16.3% | 14.9% |
| Net margin | 11.5% | 8.8% |
| Return on equity | 7.6% | 12.5% |
| Free cash flow | $237m | $198m |
| Cash | $263m | $234m |
| Total debt | $0 | $1.14bn |
| Debt to equity | 0.0% | 90.9% |
| Dividend per share | $0.33 | $0.68 |
| Dividend yield | 0.6% | 1.1% |
| Share buybacks | $151m | — |
| Employees | — | — |
| Market value | $9.81bn | $3.46bn |
| Price vs our value range | Above our value range | Within our value range |
| Moat score | 83 (Strong) | 53 (Moderate) |
| Insider trades, 12 months | 0 buys, 42 sales | 2 buys, 0 sales |