IPG Photonics Corporation (IPGP)
Return on equity (ROE)
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 stockholders’ equity | US$ in thousands | 2,024,470 | 2,114,610 | 2,253,370 | 2,340,720 | 2,415,380 | 2,383,950 | 2,398,550 | 2,338,520 | 2,385,360 | 2,580,510 | 2,639,220 | 2,707,250 | 2,746,580 | 2,739,350 | 2,704,920 | 2,639,500 | 2,592,820 | 2,470,210 | 2,436,350 | 2,355,070 |
ROE | -8.97% | -6.99% | 6.24% | 7.81% | 9.06% | 3.55% | 4.41% | 4.30% | 4.61% | 10.38% | 10.12% | 10.34% | 10.14% | 9.59% | 8.24% | 7.25% | 6.15% | 4.28% | 5.23% | 6.86% |
December 31, 2024 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $-181,526K ÷ $2,024,470K
= -8.97%
The return on equity (ROE) of IPG Photonics Corporation has displayed fluctuations over the course of the presented periods, as follows:
- The ROE showed a gradual decline from March 2020 to September 2020, dropping from 6.86% to 4.28%. This indicates a decrease in the company's ability to generate profits from shareholders' equity during the initial phase.
- However, there was a subsequent positive trend from December 2020 to June 2022, with the ROE steadily increasing from 6.15% to 10.12%. This period signifies an improvement in the company's profitability in relation to shareholders' equity.
- The ROE took a downturn in the latter half of 2022, dropping to 4.61% by December 2022, and further declining to 3.55% by September 2023. These figures suggest a weakening profitability performance compared to the equity invested.
- There was a notable rebound in the ROE from December 2023 to March 2024, rising from 9.06% to 7.81%. This uptick signifies an improvement in profitability relative to shareholders' equity.
- However, from June 2024 to December 2024, there was a sharp decline in ROE, plunging into negative territory with figures of -6.99% and -8.97% respectively. This negative ROE indicates that the company incurred net losses in these particular periods, resulting in an adverse impact on shareholders' equity.
Overall, the ROE of IPG Photonics Corporation has exhibited variability, reflecting fluctuations in profitability performance in relation to shareholders' equity over the specified time frame. It is essential for stakeholders to closely monitor these changes to assess the company's financial health and sustainability.
Peer comparison
Dec 31, 2024