IPG Photonics Corporation (IPGP)

Return on assets (ROA)

		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
Total assets	US$ in thousands	2,289,260	2,355,130	2,495,430	2,598,440	2,698,900	2,672,860	2,696,420	2,671,160	2,743,280	2,962,520	3,048,770	3,098,470	3,170,540	3,143,910	3,086,510	2,982,950	2,935,700	2,794,930	2,758,740	2,680,130
ROA		-7.93%	-6.28%	5.64%	7.04%	8.11%	3.16%	3.92%	3.76%	4.01%	9.04%	8.76%	9.03%	8.78%	8.35%	7.22%	6.41%	5.44%	3.78%	4.62%	6.03%

December 31, 2024 calculation

ROA = Net income (ttm) ÷ Total assets
= $-181,526K ÷ $2,289,260K
= -7.93%

IPG Photonics Corporation's return on assets (ROA) has demonstrated fluctuations over the past few years. The ROA was 6.03% as of March 31, 2020, and experienced a decline to 4.62% by June 30, 2020. This downward trend continued as the ROA further decreased to 3.78% as of September 30, 2020.

However, there was a notable improvement in the company's ROA performance as it rose to 5.44% by December 31, 2020, and continued to increase over the next few quarters. The ROA reached 9.04% as of September 30, 2022, marking a peak in the company's asset efficiency.

Subsequently, IPG Photonics Corporation experienced a decline in ROA, dropping to 4.01% by December 31, 2022. The ROA fluctuated over the next several quarters, with a low of -7.93% as of December 31, 2024, signifying a period of negative asset returns.

Overall, IPG Photonics Corporation's ROA performance has been variable, showcasing both periods of improvement and decline in asset efficiency over the analyzed timeframe.