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IPG Photonics IPGP Ratios & Valuation

FY'25FY'24FY'23FY'22
Profitability
Gross margin38%+3.4pp34.6%-7.5pp42.1%+3.2pp38.9%-8.8pp
Operating margin1.3%+24.0pp-22.7%-40.8pp18%
Net margin3.1%+22.5pp-19.4%-36.4pp17%
Returns
Return on equity1.5%+10.0pp-8.5%-17.6pp9.1%
Return on invested capital0.8%+14.1pp-13.3%-23.4pp10.1%
Efficiency
Asset turnover0.4×0.0×0.4×-0.1×0.5×0.0×0.5×0.0×
Liquidity
Current ratio6.1×-0.9×-1.9×8.9×+1.7×7.2×-0.3×
Leverage
Debt-to-equity0.0×0.0×0.0×0.0×
Net debt / EBITDA-4.8×-1.6×
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%
Price / earnings97×23.1×
Price / sales-0.2×3.2×-0.7×3.9×+0.7×3.2×-3.1×
Price / book1.4×-0.1×1.6×-0.5×2.1×+0.2×1.9×-1.4×
EV / EBITDA32.9×15.1×

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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.