Ipg Photonics (IPGP) Return on Invested Capital [ROIC] (2011 - 2023)
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.
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 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
| Date | Value |
|---|---|
| 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% |
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
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "ticker": "IPGP", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=return-on-invested-capital-%5Broic%5D&ticker=IPGP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();