IPG Photonics Corporation (IPGP)
Net profit margin
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | -181,526 | -147,913 | 140,675 | 182,842 | 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 |
| Revenue (ttm) | US$ in thousands | 977,134 | 1,041,690 | 1,109,948 | 1,192,274 | 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 |
| Net profit margin | -18.58% | -14.20% | 12.67% | 15.34% | 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% |
December 31, 2024 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $-181,526K ÷ $977,134K
= -18.58%
The net profit margin of IPG Photonics Corporation has shown variability over the periods from March 31, 2020, to December 31, 2024. The net profit margin started at 12.93% in March 2020, then declined to 9.04% by September 2020, before rebounding to 19.06% by December 2021. The margin peaked at 18.84% in March 2022 and remained relatively stable around the high teens until September 2023.
However, there was a significant drop in net profit margin to 6.40% by September 30, 2023, before a recovery to 17.00% by December 31, 2023. The margin slightly decreased to 15.34% by March 31, 2024, and further declined to 12.67% by June 30, 2024. Notably, the net profit margin turned negative in the following quarters, reaching -18.58% by December 31, 2024, indicating a period of losses for the company.
This trend suggests fluctuations in IPG Photonics Corporation's profitability over the analyzed period, with several periods of strong profitability followed by significant declines, ultimately leading to negative margins in the final quarters of 2024. It would be important for stakeholders to closely monitor the company's financial performance and assess factors contributing to these fluctuations in net profit margin.
Peer comparison
Dec 31, 2024