Ipg Photonics IPGP
NASDAQ IPGP
$84.05 +0.39 (+0.47%)
At close: Oct 2, 2026 · 4:00 PM EDT

Ipg Photonics (IPGP) Return on Invested Capital [ROIC] (2011 - 2023)

Updated

Ipg Photonics (IPGP) posted Return on Invested Capital [ROIC] of 7.70% for Q4 2023, up 3.60 percentage points from 4.10% a year earlier and up 5.04 percentage points from the prior quarter.

Analysis

Ipg Photonics (IPGP) Return on Invested Capital [ROIC] (2011 - 2023) Analysis & Trends

For FY2023, Ipg Photonics' Return on Invested Capital [ROIC] came in at 7.67%, up 3.72 percentage points from FY2022.

  • Annual Return on Invested Capital [ROIC] shows a five-year change of -10.64 percentage points (FY2018 to FY2023).
  • In prior years, Ipg Photonics' Return on Invested Capital [ROIC] was 3.95% in FY2022 (-6.35 pp), 10.31% in FY2021 (+4.20 pp), 6.10% in FY2020 (-1.13 pp) and 7.23% in FY2019 (-11.09 pp).
  • The Q4 2023 figure stands as the highest quarterly Return on Invested Capital [ROIC] since Q3 2022.
  • On a year-over-year basis, Return on Invested Capital [ROIC] increased in four of the last eight quarters, with an average year-over-year change of -2.14 percentage points.
  • The strongest year-over-year quarter for Return on Invested Capital [ROIC] in the past five years was Q3 2021, with a gain of 5.54 percentage points; the weakest was Q4 2019, with a drop of 10.60 percentage points.
  • According to Business Quant data, Return on Invested Capital [ROIC] for the three prior quarters was 2.66% (Q3 2023), 3.74% (Q2 2023) and 3.72% (Q1 2023).
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) ROIC (Qtr)
1 Caterpillar 388.70 Bn 360.40 Bn 7.76 Bn 15.86%
2 Amphenol 214.42 Bn 209.12 Bn 3.55 Bn 16.52%
3 Deere 185.30 Bn 194.07 Bn 4.66 Bn 9.33%
4 Eaton 169.35 Bn 166.59 Bn 2.86 Bn 10.34%
5 Parker-Hannifin 122.64 Bn 120.77 Bn 2.25 Bn 15.40%
6 Vertiv Holdings 97.12 Bn 87.74 Bn 1.23 Bn 23.98%
7 Emerson Electric 90.13 Bn 82.89 Bn 2.66 Bn 10.94%
8 3M 83.49 Bn 64.94 Bn 2.68 Bn 22.67%
9 Illinois Tool Works 74.89 Bn 71.45 Bn 1.90 Bn 27.10%
10 Ipg Photonics 3.57 Bn 181.03 Mn 112.52 Mn -
Historic Data

Historic Data

Download Data
DateValue
Dec 31, 2023 7.70%
Sep 30, 2023 2.66%
Jun 30, 2023 3.74%
Mar 31, 2023 3.72%
Dec 31, 2022 4.10%
Sep 30, 2022 10.06%
Jun 30, 2022 9.84%
Mar 31, 2022 10.15%
Dec 31, 2021 10.04%
Sep 30, 2021 9.53%
Jun 30, 2021 8.21%
Mar 31, 2021 7.12%
Dec 31, 2020 6.02%
Sep 30, 2020 3.99%
Jun 30, 2020 4.91%
Mar 31, 2020 6.28%
Dec 31, 2019 6.97%
Sep 30, 2019 10.24%
Jun 30, 2019 12.28%
Mar 31, 2019 14.99%
API Access

Ipg Photonics Return on Invested Capital [ROIC] API

Pull this series into your own models, spreadsheets and apps with the Business Quant Historical Metrics API. The request below matches the chart above — change the frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.

https://data.businessquant.com/historic?slug=return-on-invested-capital-%5Broic%5D&ticker=IPGP&period=max&api_key=YOUR_API_KEY