FLIR Flir Systems

FLIR Systems is the world's largest commercial company specializing in the design and production of thermal imaging cameras, components and imaging sensors. Based in Wilsonville, Oregon, United States and founded in 1978, the company makes thermal cameras and components for a wide variety of commercial and government applications. FLIR is a component of the S&P 500 index with annual revenues in excess of $1.5 billion annually as of 2014. In the spring of 2013, Andrew C. Teich became FLIR's chief executive officer and president after the retirement of Earl Lewis. FLIR employs 2,741 people worldwide. FLIR took its name from the acronym for forward-looking Infrared. The company began in 1978 with airborne IR systems, and developed from 1978 to 2004 through product development and acquisitions of related companies. Originally based in Tigard, Oregon, the company relocated to Portland in the mid-1990s. FLIR teamed up with Hughes Aircraft Company in 1990, with Hughes taking part ownership of FLIR.

FLIR stock data


Investment data

Data from SEC filings
Securities sold
Number of investors


25 Feb 21
28 Feb 21
31 Dec 21
Quarter (USD)
Dec 20 Sep 20 Jun 20 Mar 20
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS
Annual (USD)
Dec 20 Dec 19 Dec 18 Dec 17
Cost of revenue
Operating income
Operating margin
Net income
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Diluted EPS

Financial data from company earnings reports.

Cash burn rate (estimated) Burn method: Change in cash Burn method: Operating income/loss Burn method: FCF (opex + capex)
Last Q Avg 4Q Last Q Avg 4Q Last Q Avg 4Q
Cash on hand (at last report) 297.8M 297.8M 297.8M 297.8M 297.8M 297.8M
Cash burn (monthly) 7.4M (positive/no burn) (positive/no burn) (positive/no burn) (positive/no burn) (positive/no burn)
Cash used (since last report) 14.64M n/a n/a n/a n/a n/a
Cash remaining 283.16M n/a n/a n/a n/a n/a
Runway (months of cash) 38.3 n/a n/a n/a n/a n/a

Beta Read what these cash burn values mean

Date Owner Security Transaction Code Indirect 10b5-1 $Price #Shares $Value #Remaining
16 Feb 21 Lowe Carol P Common Stock Grant Aquire A No No 0 12,638 0 103,308
16 Feb 21 Cannon James J Common Stock Grant Aquire A No No 0 29,367 0 260,573
16 Feb 21 Cannon James J Common Stock Grant Aquire A No No 0 27,803 0 231,206
2 Feb 21 Halligan Catherine Ann Common Stock Payment of exercise Dispose F No No 54.01 5,938 320.71K 33,998
2 Feb 21 Halligan Catherine Ann Common Stock Option exercise Aquire M No No 36.73 8,721 320.32K 39,936
2 Feb 21 Halligan Catherine Ann Common Stock Payment of exercise Dispose F No No 54.01 8,144 439.86K 31,215
2 Feb 21 Halligan Catherine Ann Common Stock Option exercise Aquire M No No 30.75 14,285 439.26K 39,359
2 Feb 21 Halligan Catherine Ann Common Stock Payment of exercise Dispose F No No 54.01 8,896 480.47K 25,074
2 Feb 21 Halligan Catherine Ann Common Stock Option exercise Aquire M No No 31.15 15,400 479.71K 33,970
2 Feb 21 Halligan Catherine Ann Common Stock Payment of exercise Dispose F No No 54.01 6,843 369.59K 18,570
90.6% owned by funds/institutions
13F holders
Current Prev Q Change
Total holders 439 428 +2.6%
Opened positions 87 50 +74.0%
Closed positions 76 86 -11.6%
Increased positions 149 155 -3.9%
Reduced positions 156 169 -7.7%
13F shares
Current Prev Q Change
Total value 7.76B 4.18B +85.7%
Total shares 118.95M 116.58M +2.0%
Total puts 468.4K 615.3K -23.9%
Total calls 900.8K 813.2K +10.8%
Total put/call ratio 0.5 0.8 -31.3%
Largest owners
Shares Value Change
Vanguard 14.17M $620.97M -0.7%
BLK Blackrock 7.47M $327.44M -30.3%
Barrow Hanley Mewhinney & Strauss 4.94M $216.4M NEW
WFC Wells Fargo & Co. 4.58M $200.66M -5.7%
BK Bank Of New York Mellon 4.31M $188.75M -4.2%
STT State Street 4.28M $187.77M -21.8%
Atlanta Capital Management Co L L C 3.51M $154.04M -0.2%
Kayne Anderson Rudnick Investment Management 3.01M $132.03M +14.7%
Capital World Investors 2.74M $120.15M +0.7%
CS Credit Suisse 2.59M $113.4M -2.3%
Largest transactions
Shares Bought/sold Change
Barrow Hanley Mewhinney & Strauss 4.94M +4.94M NEW
BLK Blackrock 7.47M -3.25M -30.3%
Ariel Investments 2.1M +1.47M +232.3%
BNP Paribas Asset Management Holding 1.72M +1.29M +299.2%
STT State Street 4.28M -1.19M -21.8%
Polar Capital 1.05M +1.05M NEW
POLR Polar Capital 0 -1.05M EXIT
ARK Investment Management 1.47M +1.02M +225.8%
UBS UBS Group AG - Registered Shares 1.29M +785.2K +154.9%
California Public Employees Retirement System 318.6K -767.18K -70.7%

Financial report summary

Content analysis
H.S. sophomore Avg
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