National Instruments Corporation

NasdaqGS:NATI Stock Report

Market Cap: US$8.0b

National Instruments Past Earnings Performance

Past criteria checks 4/6

National Instruments's earnings have been declining at an average annual rate of -1.6%, while the Electronic industry saw earnings growing at 15.3% annually. Revenues have been growing at an average rate of 5.3% per year. National Instruments's return on equity is 14.7%, and it has net margins of 10.4%.

Key information

-1.6%

Earnings growth rate

-1.6%

EPS growth rate

Electronic Industry Growth15.3%
Revenue growth rate5.3%
Return on equity14.7%
Net Margin10.4%
Last Earnings Update30 Jun 2023

Recent past performance updates

Recent updates

National Instruments: Compelling Growth Play But Priced At A Premium

Oct 09

National Instruments CFO Karen Rapp to retire

Sep 13

National Instruments goes ex dividend tomorrow

Aug 04

National Instruments Looks Like It May Be Building Toward Something More Interesting

Feb 12

Revenue & Expenses Breakdown

How National Instruments makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

NasdaqGS:NATI Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Jun 231,730179583328
31 Mar 231,709161600330
31 Dec 221,657140604328
30 Sep 221,629140612332
30 Jun 221,569105608331
31 Mar 221,520110590327
31 Dec 211,47089579325
30 Sep 211,41754566315
30 Jun 211,35822555303
31 Mar 211,31215545287
31 Dec 201,287144557275
30 Sep 201,286198546270
30 Jun 201,319254549266
31 Mar 201,352272565269
31 Dec 191,353162580269
30 Sep 191,346160569266
30 Jun 191,352152571265
31 Mar 191,358154576263
31 Dec 181,359155579259
30 Sep 181,34974580251
30 Jun 181,32464581242
31 Mar 181,30159575232
31 Dec 171,28952571229
30 Sep 171,268106567227
30 Jun 171,25497567230
31 Mar 171,24192562234
31 Dec 161,22883560236
30 Sep 161,23486560234
30 Jun 161,22784557228
31 Mar 161,22390550223
31 Dec 151,22595546225
30 Sep 151,224107541226
30 Jun 151,238123543232
31 Mar 151,249123551232
31 Dec 141,244126553227
30 Sep 141,212115547224
30 Jun 141,18791540225
31 Mar 141,17181532228
31 Dec 131,17381535235
30 Sep 131,17269536238
30 Jun 131,17378534234
31 Mar 131,16990531230
31 Dec 121,14490517223

Quality Earnings: NATI has high quality earnings.

Growing Profit Margin: NATI's current net profit margins (10.4%) are higher than last year (6.7%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: NATI's earnings have declined by 1.6% per year over the past 5 years.

Accelerating Growth: NATI's earnings growth over the past year (70.6%) exceeds its 5-year average (-1.6% per year).

Earnings vs Industry: NATI earnings growth over the past year (70.6%) exceeded the Electronic industry 0.4%.

Return on Equity

High ROE: NATI's Return on Equity (14.7%) is considered low.

Return on Assets

Return on Capital Employed

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2023/10/12 19:36
End of Day Share Price 2023/10/10 00:00
Earnings2023/06/30
Annual Earnings2022/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

National Instruments Corporation is covered by 19 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Robert MasonBaird
William SteinCredit Suisse
Vijay BhagavathDeutsche Bank