NATIONAL INSTRUMENTS CORP
Technology · Services-Prepackaged Software · DE · SEC filings ↗ · Compare ⊕
Financials
SEC XBRL · annual| FY22 | FY21 | FY20 | FY19 | FY18 | FY17 | |
|---|---|---|---|---|---|---|
| Revenue | $1.66B | $1.47B | $1.29B | $1.35B | $1.36B | $1.29B |
| Operating income | $192.1M | $118.2M | $199.6M | $174.6M | $172.9M | $145.8M |
| Net income | $139.6M | $89.3M | $143.7M | $162.2M | $155.1M | $52.4M |
| Total assets | $2.36B | $2.11B | $1.88B | $1.65B | $1.67B | $1.57B |
| Total liabilities | $1.20B | $891.3M | $659.6M | $475.5M | $432.9M | $438.4M |
| Equity | $1.16B | $1.22B | $1.22B | $1.18B | $1.24B | $1.13B |
| EPS (diluted) | $1.05 | $0.67 | $1.09 | $1.22 | $1.16 | $0.40 |
| Shares out. | 132.0M | 131.6M | 130.8M | 132.2M | 131.2M | 129.5M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2022- Operating margin
- 11.6%
- Net margin
- 8.4%
- Return on equity
- 12.1%
- Return on assets
- 5.9%
- Return on capital (ROCE)
- 10.5%
- Liabilities / assets
- 51.0%
- Debt / equity
- 1.04×
- Book value / share
- $8.76
- Revenue growth (YoY)
- 12.7%
- Net income growth (YoY)
- 56.3%
Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.
Financial health
forensic scores · FY2022- Altman Z″ (distress)
- 3.11safe
- Accruals / assets
- 4.1%clean
- Beneish M-Score
- -2.08normal
- Piotroski F-Score
- 5/9mixed
Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.
Quality score
EDS ScoreOur own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast.
Signs
● 5 good- Operating margin is positive
- Revenue is growing year-over-year
- Positive operating cash flow
- Clean earnings (low accruals)
- Altman Z″ in the safe zone
Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.
Insider transactions
SEC Form 4 · most recent| Insider | Date | Type | Shares | Price |
|---|---|---|---|---|
| Griffin LiamDirector | Oct 11, 2023 | D | 21,501 | — |
| Fettweis Gerhard PaulDirector | Oct 11, 2023 | D | 28,573 | — |
Headline trade per Form 4 (officers, directors, 10%+ owners). Buy/sell read from the filing's structured data — blank where a field isn't cleanly tagged.
Material events
SEC Form 8-K · most recent- Director / officer changeOct 18, 2023
- Terminated a material agreement · Completed an acquisition or disposition · Delisting / listing-standard notice · Modified shareholder rights · Change in control · Director / officer change · Amended charter or bylawsOct 11, 2023
- Results of operations · Other material eventJul 27, 2023
- Shareholder vote · Other material eventJun 29, 2023
- Other material eventJun 22, 2023
- Shareholder voteMay 10, 2023
- Results of operations · Other material eventApr 27, 2023
- Entered a material agreement · Modified shareholder rightsApr 12, 2023
Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.