Flagship explainer

What drives COGNEX CORP’s return on equity?

ROE is five filed business factors multiplied together.

DuPont return on equity factor treeReturn on equity branches into tax burden, interest burden, operating margin, asset turnover, and the equity multiplier.Return on equity8%Tax burden63%net income ÷ pretax incomeInterest burden112%pretax ÷ operating incomeOperating margin16%operating income ÷ revenueAsset turnover0.50×revenue ÷ average assetsEquity multiplier1.33×average assets ÷ average equityAs of 2025-12-31 · 2 SEC filing sourcesBuy Like Buffett · buylikebuffett.com
DuPont source inputs
InputValueFiscal yearSource
$114MFY2025
Income before tax$183MFY2025
Operating income$163MFY2025
$994MFY2025
Ending assets$2.0BFY2025
Beginning assets$2.0BFY2024
$1.5BFY2025
$1.5BFY2024
Source: · event Dec 31, 2025 · retrieved Oct 15, 2026 · annual-row source set
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