Ipg Photonics (IPGP) Tax Rate (2010 - 2026)
Ipg Photonics (IPGP) recorded Tax Rate of 58.20% in Q2 2026, up 38.06 percentage points from 20.14% a year earlier and up 113.65 percentage points from the prior quarter.
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Analysis
Ipg Photonics (IPGP) Tax Rate (2010 - 2026) Analysis & Trends
On a TTM basis, Ipg Photonics' Tax Rate came in at 30.70% as of Jun 30, 2026, up 37.55 percentage points year-over-year; for FY2025, it was 31.04%, up 43.18 percentage points from FY2024.
- Annual Tax Rate has a five-year change of +9.00 percentage points (FY2020 to FY2025).
- Across earlier years, Tax Rate came in at -12.13% in FY2024 (-32.50 pp), 20.37% in FY2023 (-19.22 pp), 39.59% in FY2022 (+15.41 pp) and 24.18% in FY2021 (+2.13 pp).
- The Q2 2026 figure is the highest quarterly Tax Rate since Q1 2025.
- On a year-over-year basis, Tax Rate rose in five of the last eight quarters, with an average year-over-year change of -4.87 percentage points.
- Peak year-over-year performance for Tax Rate in the last five years was a gain of 62.78 percentage points in Q4 2024, against a drop of 120.04 percentage points in Q1 2026 at the low end.
- Per Business Quant, the preceding three quarters came in at -55.45% (Q1 2026), -25.71% (Q4 2025) and 52.33% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 379.87 Bn | 351.57 Bn | 7.76 Bn | 23.15% |
| 2 | Amphenol | 211.41 Bn | 206.11 Bn | 3.55 Bn | 25.30% |
| 3 | Deere | 179.93 Bn | 188.69 Bn | 4.66 Bn | 28.11% |
| 4 | Eaton | 169.93 Bn | 167.16 Bn | 2.86 Bn | 28.06% |
| 5 | Parker-Hannifin | 121.78 Bn | 119.91 Bn | 2.25 Bn | 18.51% |
| 6 | Vertiv Holdings | 94.75 Bn | 85.37 Bn | 1.23 Bn | 19.71% |
| 7 | Emerson Electric | 88.42 Bn | 81.17 Bn | 2.66 Bn | 21.62% |
| 8 | 3M | 84.08 Bn | 65.54 Bn | 2.68 Bn | 16.34% |
| 9 | Illinois Tool Works | 74.29 Bn | 70.85 Bn | 1.90 Bn | 24.54% |
| 10 | Ipg Photonics | 3.56 Bn | 164.44 Mn | 112.52 Mn | 58.20% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 58.20% |
| Sep 30, 2025 | 52.33% |
| Jun 30, 2025 | 20.14% |
| Mar 31, 2025 | 64.60% |
| Dec 31, 2024 | 64.50% |
| Jun 30, 2024 | 19.42% |
| Mar 31, 2024 | 28.28% |
| Dec 31, 2023 | 1.72% |
| Sep 30, 2023 | 18.91% |
| Jun 30, 2023 | 23.64% |
| Mar 31, 2023 | 27.80% |
| Sep 30, 2022 | 21.00% |
| Jun 30, 2022 | 21.97% |
| Mar 31, 2022 | 25.00% |
| Dec 31, 2021 | 22.78% |
| Sep 30, 2021 | 26.40% |
| Jun 30, 2021 | 24.16% |
| Mar 31, 2021 | 23.00% |
| Dec 31, 2020 | 24.27% |
| Sep 30, 2020 | 16.44% |
API Access
Ipg Photonics Tax Rate 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=tax-rate&ticker=IPGP&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "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=tax-rate&ticker=IPGP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();