Ipg Photonics IPGP
NASDAQ IPGP
$70.81 +1.32 (+1.90%)
At close: Nov 11, 2026 · 4:00 PM EST

Ipg Photonics (IPGP) Return on Invested Capital [ROIC] (2009 - 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] (2009 - 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 267.46 Bn 238.77 Bn 7.35 Bn 16.80%
2 Amphenol 197.37 Bn 192.21 Bn 4.02 Bn 18.53%
3 Deere 185.36 Bn 194.13 Bn 4.66 Bn 5.47%
4 Eaton 137.64 Bn 134.62 Bn 3.11 Bn 10.72%
5 Parker-Hannifin 121.80 Bn 119.79 Bn 2.26 Bn 13.34%
6 3M 97.84 Bn 80.25 Bn 2.78 Bn 22.04%
7 Emerson Electric 93.37 Bn 85.86 Bn 2.74 Bn 11.23%
8 Illinois Tool Works 81.86 Bn 78.53 Bn 1.91 Bn 27.11%
9 Vertiv Holdings 74.77 Bn 63.62 Bn 1.64 Bn 26.27%
10 Ipg Photonics 2.95 Bn -495.65 Mn 117.05 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