A Floquet multiplier is an eigenvalue of a one-period linear evolution map. For a homogeneous linear differential equation with continuous coefficients of period , this map is the monodromy matrix of a periodic linear system . If for a nonzero eigenvector , the associated solution of a differential equation with satisfies . Its exponential rate is , the corresponding Floquet growth rate. A Floquet multiplier equal to one gives a -periodic solution in that eigenvector direction; a nontrivial Jordan block at a unit-modulus Floquet multiplier can still produce polynomial growth.
For a nonlinear periodic orbit, the Floquet multipliers are eigenvalues of the one-period map of its variational equation. A nonconstant periodic orbit of a smooth autonomous differential equation has a Floquet multiplier equal to one in its tangent direction: differentiating the solution of a differential equation with respect to its starting phase gives a periodic solution of the variational equation. The derivative of a transverse Poincaré map removes this phase direction and retains the transverse Floquet multipliers. Transverse Floquet multipliers strictly inside the unit circle give local attraction, while one outside gives instability; a transverse Floquet multiplier on the unit circle requires further analysis. For a planar periodic orbit, the transverse Floquet multiplier is given by the divergence test for a planar periodic orbit.
For a planar periodic orbit of period , its nontrivial Floquet multiplier is
The orbit is asymptotically stable when the integral is negative and unstable when it is positive.

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