Homepage

OSI Systems, Inc.

OSIS NASDAQ Categories PDF
Technology · Hardware, Equipment & Parts · United States · Updated May 11, 1:51pm
$235.91
Price
$3.9B
Market Cap
6,681
Employees
1.31
Beta
Ajay Mehra
CEO
Business Description

OSI Systems, Inc. designs and manufactures electronic systems and components worldwide. It operates in three segments: Security, Healthcare, and Optoelectronics and Manufacturing. The Security segment offers baggage and parcel inspection, cargo and vehicle inspection, hold baggage and people screening, radiation detection, and explosive and narcotics trace detection systems under the Rapiscan Systems, AS&E, and Gatekeeper names. It also provides site design, installation, training, and technical support services; and security screening solutions under the S2 name. The Healthcare segment offers patient monitoring and diagnostic cardiology systems, and related supplies and accessories under the Spacelabs name for use in critical care, emergency, and perioperative areas within hospitals, physicians' offices, medical clinics, and ambulatory surgery centers. The Optoelectronics and Manufacturing segment provides optoelectronic devices under the OSI Optoelectronics, OSI LaserDiode, OSI Laserscan, Semicoa, and Advanced Photonix names for the aerospace and defense, avionics, medical imaging and diagnostics, biochemistry analysis, pharmaceutical, nanotechnology, telecommunications, construction, and homeland security markets. It also offers electronics manufacturing services to original equipment manufacturers and end users for medical, automotive, defense, aerospace, industrial, and consumer applications under the OSI Electronics, APlus Products, Altaflex, and PFC names; and LCD displays for medical, industrial, and consumer electronics applications, as well as flex circuits for OEM customers. This segment offers laser-based remote sensing devices to detect and classify vehicles in toll and traffic management systems under the OSI Laserscan and Autosense names; and solid-state laser products for aerospace, defense, telecommunication, and medical applications under the OSI LaserDiode name. The company was incorporated in 1987 and is headquartered in Hawthorne, California.

Business History
Price Overview
Last updated: May 11, 2026 1:51pm (just now)
$235.51
+4.68 (+2.03%)
Day Range
$226.50 – $237.32
52-Week Range
$204.00 – $311.72
50-Day MA
$279.89
200-Day MA
$261.24
Volume
264,789.95
Analyst Price Targets
Low $292.00
Consensus $301.00
High $310.00
(10 analysts)
Share Structure
Outstanding 16,482,890.00
Float 15,567,430.00
Free Float 94.4%
High free float — 94.4% of shares trade freely, ~5.6% held by insiders/institutions
Very liquid — most shares trade freely. Low insider ownership can mean less management alignment, but makes large position sizing straightforward.
Price History (1 Year)
Revenue & Net Income Trend
The directional story — useful even when net income is negative.
Revenue
The top line — total sales before any costs or taxes are subtracted. A measure of how much business the company is doing.
Net Income
The bottom line — profit left after subtracting all expenses, interest, and taxes from revenue. Reflects accounting profitability, but includes non-cash items like depreciation, so it isn't the same as cash earned.
Operating Cash Flow
The real cash generated by the day-to-day business — selling products, paying suppliers, collecting from customers. Calculated from net income by adding back non-cash items and adjusting for timing (unpaid bills, unsold inventory). When OCF consistently lags net income, the reported profit may not be converting to real money.
Period Revenue Net Income Net Margin YoY/QoQ
Key Metrics
API Direct from provider CALC Derived from statements
P/E Ratio (Price per dollar of earnings)
API
Stock Price / EPS (Diluted)
25.49
Stock Price: $235.91
EPS (Diluted): 8.91
P/B Ratio (Price vs net asset value)
API
Stock Price / Book Value Per Share
4.06
Stock Price: $235.91
Total Equity: $951.08M
Shares: 17,178,000
EV/EBITDA (Total value vs operating profit)
API
Enterprise Value / EBITDA
13.48
Market Cap: $3.89B
Total Debt: $649.63M
Cash: $106.41M
EBITDA: $261.10M
Enterprise Value (Takeover price (cap + debt - cash))
API
Market Cap + Total Debt - Cash
$4.4B
Market Cap: $3.89B
Total Debt: $649.63M
Cash: $106.41M
Gross Margin (Revenue left after direct costs)
API
Gross Profit / Revenue
34.3%
Gross Profit: $587.18M
Revenue: $1.71B
Operating Margin (Revenue left after all operations)
API
Operating Income / Revenue
12.7%
Operating Income: $217.52M
Revenue: $1.71B
Net Margin (Revenue left as actual profit)
API
Net Income / Revenue
8.7%
Net Income: $149.64M
Revenue: $1.71B
ROE (Profit from shareholder equity)
API
Net Income / Total Equity
16.7%
Net Income: $149.64M
Total Equity: $951.08M
ROIC (Profit from all invested capital)
API
NOPAT / Invested Capital
8.8%
Operating Income: $217.52M
Tax Rate: 19.6%
Equity: $951.08M
Total Debt: $649.63M
Cash: $106.41M
Current Ratio (Can it pay short-term bills)
API
Current Assets / Current Liabilities
2.04
Current Assets: $1.42B
Current Liabilities: $696.94M
Debt/Equity (Leverage — debt vs equity)
CALC
Total Debt / Total Equity
0.68
Short-Term Debt: $186.13M
Long-Term Debt: $463.50M
Total Debt: $649.63M
Total Equity: $951.08M
Rev/Share (Top-line per share)
CALC
Revenue / Shares Outstanding
$99.73
Revenue: $1.71B
Shares: 17,178,000
Book Value/Share (Net assets per share)
CALC
(Total Assets - Total Liabilities) / Shares
$55.37
Total Equity: $951.08M
Shares: 17,178,000
FCF/Share (Real cash generated per share)
CALC
(Operating Cash Flow + CapEx) / Shares
$3.27
Operating CF: $97.59M
CapEx: -$41.50M
Shares: 17,178,000
CapEx is negative (outflow) — added to OCF to get FCF
Div Yield (Annual income from holding)
API
Last Annual Dividend / Stock Price
0.0%
Last Dividend: N/A
Stock Price: $235.91
Payout Ratio (Earnings paid out as dividends)
Dividends Paid / Net Income
—
Dividends Paid: N/A
Net Income: $149.64M
Dividends paid not available in cash flow statement
Industry Benchmarks
Compares OSIS against LLM-researched typical ranges for its industry. One research call per industry, cached indefinitely — every stock in the same industry reuses the same baseline.
Deep Analysis

Pre-flight intelligence scans the company first, then routes to the right analytical methods.

0 Company Classification — What type of company is this?
1 Industry Landscape — Where is the industry headed?
2 Company Momentum — Where is this company trending?
3 Forward Projection — 1Y & 2Y projected metrics (requires Layer 1 + 2)
4a DCF Valuation — Present value of future cash flows
4b Earnings Power Value — Floor value — worth with zero growth
4c Anchored PE — Industry PE adjusted for growth differential
4d Reverse DCF — What growth is the market pricing in?
4e Revenue-Based DCF — For growth/narrative companies (skip if mature earner)
4f Anchored P/S — Price-to-Sales peer comparison (skip if mature earner)
4g Scenario Analysis — Bull / Base / Bear (skip if mature earner)
4h Dividend Discount Model — For dividend/income stocks only
4i Book Value Analysis — For deep value / turnaround stocks only
4j Insider Activity — Are insiders buying or selling?
4f Cash Flow Quality — How trustworthy is the FCF?
4g Debt Maturity Risk — Can it handle its debt?
4h Macro Environment — Rates, market valuation, volatility
4i Sector Intelligence — How does this company compare within its sector?
4j Revenue Confidence — How reliable is the growth projection?
4k Sensitivity Analysis — How fragile is the fair value estimate?
4l Sector Demand Cycle — Is the sector in a boom, steady state, or contraction?
5 AI Investigation — Adaptive research engine (Claude)
5b Thesis Evaluation — What does the market believe? (narrative/platform stocks only)
6 Valuation Synthesis — Weighted verdict from all methods (requires Layer 4)
Income Statement (Annual)
Metric 2021 2022 2023 2024 2025
Revenue $1.1B $1.2B $1.3B $1.5B $1.7B
Cost of Revenue $727.0M $758.8M $847.9M $1.0B $1.1B
Gross Profit $419.9M $424.4M $430.5M $530.5M $587.2M
Operating Expenses $304.5M $302.7M $295.2M $341.4M $369.7M
Operating Income $115.4M $121.7M $135.3M $189.1M $217.5M
Net Income $74.0M $115.3M $91.8M $128.2M $149.6M
EBITDA $159.2M $168.0M $173.8M $230.7M $261.1M
EPS $4.12 $6.57 $5.45 $7.55 $8.91
EPS (Diluted) — — — — —
Balance Sheet (Annual)
Metric 2021 2022 2023 2024 2025
Cash & Equivalents $80.6M $64.2M $76.8M $95.4M $106.4M
Total Current Assets $709.4M $746.1M $839.9M $1.2B $1.4B
Total Assets $1.4B $1.4B $1.6B $1.9B $2.2B
Current Liabilities $344.8M $614.0M $571.7M $814.6M $696.9M
Long-Term Debt $276.4M $48.7M $136.5M $129.4M $463.5M
Total Liabilities $744.5M $804.7M $829.5M $1.1B $1.3B
Total Equity $639.8M $638.4M $726.2M $863.5M $951.1M
Retained Earnings $548.8M $663.9M $736.0M $861.2M $942.3M
Cash Flow (Annual)
Metric 2021 2022 2023 2024 2025
Operating Cash Flow $139.1M $63.8M $94.8M -$87.5M $97.6M
Capital Expenditure -$29.5M -$30.5M -$32.3M -$39.4M -$41.5M
Free Cash Flow $109.6M $33.3M $62.6M -$126.9M $56.1M
Acquisitions (net) -$3.0M -$14.1M -$7.1M -$9.0M -$76.7M
Debt Repayment — — — — —
Dividends Paid — — — — —
Stock Buybacks -$37.5M -$111.6M -$34.7M $0 -$80.4M
Net Change in Cash $4.5M -$16.4M $12.5M $18.6M $11.1M
Analyst Estimates (Annual)
Metric 2025 2026 2027 2028
Revenue $1.7B
$1.7B – $1.7B
 $1.8B
$1.8B – $1.9B
 $1.9B
$1.9B – $2.0B
 $2.1B
$2.1B – $2.1B
EBITDA $245.2M
$243.7M – $246.6M
 $263.3M
$260.9M – $267.6M
 $279.2M
$274.9M – $282.1M
 $298.6M
$298.6M – $298.6M
Net Income $160.2M
$158.2M – $162.3M
 $178.9M
$178.0M – $179.8M
 $197.1M
$191.5M – $202.7M
 $228.3M
$222.5M – $234.0M
EPS — — — —
Growth Trends (YoY %)
Metric 2022 2023 2024 2025
Revenue Growth +3.2% +8.0% +20.4% +11.3%
Gross Profit Growth +1.1% +1.4% +23.2% +10.7%
Operating Income Growth +5.5% +11.1% +39.8% +15.1%
Net Income Growth +55.8% -20.4% +39.6% +16.8%
EBITDA Growth +5.5% +3.5% +32.8% +13.2%
Insider Trading (Recent)
Date Insider Type Shares Price Value
2026-05-04 CHOPRA DEEPAK S-Sale 20,000.00 $281.84 $5.6M
2026-04-23 Constantine W Paul F-InKind 65.00 $292.52 $19,014
2026-02-02 CHOPRA DEEPAK S-Sale 20,000.00 $250.91 $5.0M
2025-12-31 Constantine W Paul A-Award 55.00 $192.73 $10,600
2025-12-31 SZE VICTOR S A-Award 75.00 $140.61 $10,546
2025-12-31 Morben Paul Keith A-Award 75.00 $140.61 $10,546
2025-12-31 Tropeano Michael A-Award 75.00 $140.61 $10,546
2025-12-31 CHOPRA DEEPAK A-Award 75.00 $140.61 $10,546
2025-12-31 Okawa Cary M. A-Award 52.00 $109.61 $5,700
2025-12-31 EDRICK ALAN I A-Award 75.00 $140.61 $10,546
2025-12-31 MEHRA AJAY A-Award 75.00 $140.61 $10,546
2025-12-23 EDRICK ALAN I G-Gift 1,500.00 $0.00 $0
2025-12-13 HAWKINS JAMES B F-InKind 15.00 $259.44 $3,892
2025-12-12 SZE VICTOR S G-Gift 251.00 $0.00 $0
2025-12-11 MEHRA AJAY G-Gift 3,000.00 $0.00 $0
2025-12-02 Constantine W Paul A-Award 470.00 $266.17 $125,100
2025-11-22 Okawa Cary M. F-InKind 26.00 $251.10 $6,529
2025-11-10 CHOPRA DEEPAK S-Sale 20,000.00 $285.74 $5.7M
2025-11-07 Morben Paul Keith S-Sale 416.00 $279.10 $116,106
2025-11-07 HAWKINS JAMES B S-Sale 1,500.00 $283.15 $424,725
Community AI Feedback
Sign in to Contribute
No community reviews yet for OSIS. Be the first — export the analysis to your AI and contribute back.
My Notes personal — only you see this
Data via Financial Modeling Prep · Cached for performance · fmp
v1.1.193 · 1946f027 · 2026-05-08 18:57:27