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United Kingdom
In shortOxford Instruments PLC is profitable, generates cash and holds more cash than debt, with revenue shrinking (−4.6% last year).
Financial health
Solid
Built from five areas over the last five annual reports. Tap an area to see the figures behind it.
| Operating marginShare of each sale left after running the business, before interest and tax. | 13.7% | 62/100 |
|---|---|---|
| Net marginShare of each sale left as profit after every cost, interest and tax. | 11.4% | 66/100 |
| Return on equityProfit earned on the money shareholders put in. Above 15% is strong. | 13.5% | 67/100 |
| Return on invested capitalProfit earned on all the capital used (equity and debt). Above 10% usually means a real competitive edge. | 12.5% | 83/100 |
Weight in the score: 25%
| Current ratioShort-term assets divided by short-term debts. Below 1 can mean tight cash. | 1.83× | 86/100 |
|---|---|---|
| Debt / equityDebt compared with the shareholders' stake. Above 2 is heavily indebted. | 0.04× | 100/100 |
| Net debt / EBITDAYears of operating profit needed to repay net debt. Below 2 is comfortable. | Net cash | 100/100 |
| Interest coverageHow many times operating profit covers interest. Below 2 is risky. | 22.31× | 100/100 |
| Altman Z''Bankruptcy-risk model. Above 2.6 safe, below 1.1 distress. | 5.64 | 100/100 |
Weight in the score: 25%
| Free cash flow marginCash left from each sale after investments. The money that can pay dividends or reduce debt. | 11.1% | 64/100 |
|---|---|---|
| Free cash flow / net incomeHow much accounting profit turns into real cash. Near 1 or above is healthy. | 0.98× | 84/100 |
| Years with positive free cash flow (last 5) | 4 of 4 | 100/100 |
Weight in the score: 20%
| Profitable years (last 5) | 5 of 5 | 100/100 |
|---|---|---|
| Years of revenue decline (last 5) | 2 of 5 | 33/100 |
| Revenue growth volatility | 11.9% | 67/100 |
| Operating margin volatility | 2.9% | 83/100 |
Weight in the score: 20%
| Revenue growth, 3-year average | -1.6% | 8/100 |
|---|---|---|
| EPS growth, 3-year average | -5.9% | 0/100 |
Weight in the score: 10%
Fiscal year 2026 · change vs prior year
European data comes from annual reports in ESEF format (since 2020). Industry and ticker are not provided by this source.
Annual figures as reported. Hover a bar or point for the exact value.
1 older year available with the 10-year history. Essential plan, from €8.25/month →
The last 5 fiscal years from the company's annual reports.
GBP millions; negative values in parentheses.
| Fiscal year | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Revenue | 367 | 445 | 470 | 443 | 423 |
| Cost of revenue | 180 | 215 | 228 | 199 | 187 |
| Gross profit | 188 | 230 | 242 | 244 | 236 |
| Research & development | 33 | 37 | 39 | 39 | 37 |
| Operating income | 48 | 72 | 68 | 38 | 58 |
| Interest expense | 1.2 | 1.6 | 1.7 | 2 | 2.6 |
| Pre-tax income | 48 | 74 | 71 | 38 | 59 |
| Income tax | 9 | 15 | 21 | 13 | 14 |
| Net income | 39 | 59 | 51 | 26 | 48 |
| Diluted EPS | £0.66 | £1.00 | £0.87 | £0.44 | £0.84 |
1 older year available with the 10-year history. Essential plan, from €8.25/month →
5.64 Safe zone
Estimates bankruptcy risk from working capital, retained earnings, operating profit and equity. Above 2.6 is considered safe, below 1.1 signals distress.
8/9
Nine yes-or-no tests on profitability, debt, liquidity and efficiency versus the prior year. 7 to 9 is strong, 0 to 3 is weak.
All figures: filings.xbrl.org (ESEF). Ratios and scores are computed by Scorvest (see how it works). Information only, not investment advice. How it works
Latest annual report: Mar 31, 2026 · Data updated Mar 31, 2026