IPG Photonics Corporation (IPGP)
Net profit margin
| Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 218,878 | 84,555 | 105,825 | 100,472 | 109,909 | 267,891 | 267,029 | 279,861 | 278,416 | 262,668 | 222,870 | 191,296 | 159,572 | 105,783 | 127,432 | 161,478 | 180,234 | 260,243 | 303,507 | 352,852 |
| Revenue (ttm) | US$ in thousands | 1,287,439 | 1,322,085 | 1,369,690 | 1,406,742 | 1,429,547 | 1,460,475 | 1,490,619 | 1,485,254 | 1,460,860 | 1,433,023 | 1,372,314 | 1,297,067 | 1,200,724 | 1,170,721 | 1,181,418 | 1,248,776 | 1,314,581 | 1,338,004 | 1,365,212 | 1,415,056 |
| Net profit margin | 17.00% | 6.40% | 7.73% | 7.14% | 7.69% | 18.34% | 17.91% | 18.84% | 19.06% | 18.33% | 16.24% | 14.75% | 13.29% | 9.04% | 10.79% | 12.93% | 13.71% | 19.45% | 22.23% | 24.94% |
December 31, 2023 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $218,878K ÷ $1,287,439K
= 17.00%
Based on the data provided, the net profit margin of IPG Photonics Corp has shown some fluctuations over the past eight quarters. In Q4 2023, the net profit margin stood at 17.00%, representing a significant improvement from the previous quarter's value of 6.40% in Q3 2023.
Although the net profit margin has been fluctuating, the company managed to maintain relatively healthy profitability levels, with values ranging from 6.40% to 18.84% over the past two years. Notably, in Q3 2022, the net profit margin was at its highest point at 18.34%, followed closely by Q1 2022 and Q2 2022, with values of 18.84% and 17.91%, respectively.
Overall, the recent improvement in net profit margin in Q4 2023 may indicate effective cost management or revenue growth strategies implemented by IPG Photonics Corp. However, further analysis of the company's financial performance and operational efficiency would be required to understand the underlying factors driving these fluctuations and determine the sustainability of the profitability levels.
Peer comparison
Dec 31, 2023