What are IPG Photonics's profit margins?

IPG Photonics (IPGP) runs a 37.6% gross margin and a 0.3% operating margin, with a 2.8% net margin.

Where do IPG Photonics's ratios come from?

Every ratio is computed from IPG Photonics's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.

IPG Photonics IPGP Ratios & Valuation

Income Statement Balance Sheet Cash Flow Ratios Segments

Quarterly Annual TTM

YoY

Simplified Detailed

	FY'25	FY'24	FY'23	FY'22
Profitability
Gross margin	38%+3.4pp	34.6%-7.5pp	42.1%+3.2pp	38.9%-8.8pp
Operating margin	1.3%+24.0pp	-22.7%-40.8pp	18%—	——
Net margin	3.1%+22.5pp	-19.4%-36.4pp	17%—	——
EBITDA margin	8%+24.4pp	-16.5%-39.9pp	23.4%—	——
Returns
Return on equity	1.5%+10.0pp	-8.5%-17.6pp	9.1%—	——
Return on assets	1.3%+8.9pp	-7.6%-15.6pp	8%—	——
Return on invested capital	0.8%+14.1pp	-13.3%-23.4pp	10.1%—	——
Efficiency
Asset turnover	0.4×0.0×	0.4×-0.1×	0.5×0.0×	0.5×0.0×
Inventory turnover	2.1×+0.4×	1.7×+0.2×	1.5×-0.3×	1.8×0.0×
Liquidity
Current ratio	6.1×-0.9×	7×-1.9×	8.9×+1.7×	7.2×-0.3×
Quick ratio	4.7×-0.8×	5.6×-1.2×	6.8×+1.4×	5.4×-0.6×
Cash ratio	1.7×-1.3×	3×+0.6×	2.4×-0.1×	2.5×+0.3×
Leverage
Debt-to-equity	0×0.0×	0×0.0×	0×0.0×	0×0.0×
Debt-to-assets	0×0.0×	0×0.0×	0×0.0×	0×0.0×
Net debt / EBITDA	-4.8×—	——	-1.6×—	——
Interest coverage	0.4×+5.3×	-4.9×-10.4×	5.6×—	——
Per Share
Book value per share	$49.90+9.3%	$45.66-10.5%	$51.04+9.0%	$46.84-8.0%
Valuation
Market capitalization	$3.02B-4.1%	$3.15B-37.7%	$5.05B+9.5%	$4.61B-49.7%
Enterprise value	$2.63B+3.4%	$2.54B-44.2%	$4.55B+15.3%	$3.95B-53.6%
Price / earnings	97×—	——	23.1×—	——
Price / sales	3×-0.2×	3.2×-0.7×	3.9×+0.7×	3.2×-3.1×
Price / book	1.4×-0.1×	1.6×-0.5×	2.1×+0.2×	1.9×-1.4×
EV / EBITDA	32.9×—	——	15.1×—	——
EV / sales	2.6×0.0×	2.6×-0.9×	3.5×+0.8×	2.8×-3.1×
Earnings yield	1%+7.1pp	-6%-10.4pp	4.3%—	——

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Questions, answered.

What are IPG Photonics's profit margins?: IPG Photonics (IPGP) runs a 37.6% gross margin and a 0.3% operating margin, with a 2.8% net margin.
Where do IPG Photonics's ratios come from?: Every ratio is computed from IPG Photonics's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.