/
OSI Systems, Inc., together with our subsidiaries, is a vertically integrated designer and manufacturer of specialized electronic systems and components for critical applications. We sell our products and provide related services in diversified markets, including homeland security, healthcare, defense and aerospace.
12.70% operating margin is respectable but not wide. ROIC at 14.56%. Suggests the business covers its cost of capital, but doesn't point to a wide moat.
Revenue grew 11.3%, still solid.
Net debt of $398M represents 5.4x FCF, leverage limits flexibility.
Profitability & Returns
Revenue (TTM)
$1.81B
▲ +11.3% YoY
Net Income (TTM)
$152M
▲ +16.8% YoY
Op. Margin
12.07%
▲ +0.4pp YoY
ROIC
10.83%
▼ -1.6pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
$67M
▲ +167.3% YoY
Op. Cash Flow (TTM)
$94M
▲ +211.5% YoY
Net Debt
$700M
Cash & Equiv.
$345M
5Y CAGR: +8.0%
5Y CAGR: -7.4%
Continue Research