IPG Photonics (IPGP) stock price, revenue, and financials

IPG Photonics market cap is $8.9 b, and annual revenue was $1.2 b in FY 2020

$8.9 B

IPGP Mkt cap, 12-Nov-2021

$371.7 M

IPG Photonics Revenue Q2, 2021
IPG Photonics Gross profit (Q2, 2021)180.5 M
IPG Photonics Gross profit margin (Q2, 2021), %48.6%
IPG Photonics Net income (Q2, 2021)69.7 M
IPG Photonics EBIT (Q2, 2021)92.3 M
IPG Photonics Cash, 30-Jun-2021754.2 M
IPG Photonics EV8.2 B
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IPG Photonics Revenue

IPG Photonics revenue was $1.2 b in FY, 2020 which is a 8.7% year over year decrease from the previous period.

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IPG Photonics Revenue Breakdown

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IPG Photonics revenue breakdown by business segment: 90.2% from Materials Processing, 5.3% from Advanced Applications and 4.5% from Other

IPG Photonics revenue breakdown by geographic segment: 5.5% from Germany, 18.3% from Other Europe including Eastern Europe/CIS, 8.6% from Other Asia and Australia, 20.5% from North America, 41.8% from China and 5.3% from Other

IPG Photonics Income Statement

Annual

USDFY, 2018FY, 2019FY, 2020

Revenue

1.5b1.3b1.2b

Revenue growth, %

4%(10%)(9%)

Cost of goods sold

659.6m708.4m661.7m

Gross profit

800.3m606.2m539.0m

Gross profit Margin, %

55%46%45%

Sales and marketing expense

57.8m77.7m70.6m

R&D expense

122.8m130.0m126.9m

General and administrative expense

102.4m107.6m110.0m

Operating expense total

276.9m372.4m340.3m

EBIT

523.4m233.8m198.7m

EBIT margin, %

36%18%17%

Interest income

9.1m14.2m6.3m

Pre tax profit

534.4m248.4m205.7m

Income tax expense

130.2m68.1m45.4m

Net Income

404.2m180.2m160.3m

EPS

7.43.43.0

IPG Photonics Balance Sheet

Annual

USDFY, 2018FY, 2019FY, 2020

Cash

544.4m680.1m876.2m

Accounts Receivable

255.5m238.5m264.3m

Inventories

403.6m380.8m365.0m

Current Assets

1.8b1.9b2.1b

PP&E

543.1m600.9m597.5m

Goodwill

100.7m82.1m41.4m

Total Assets

2.6b2.7b2.9b

Accounts Payable

36.3m27.3m25.7m

Short-term debt

3.7m3.7m29.6m

Current Liabilities

245.8m191.9m214.6m

Long-term debt

41.7m38.0m34.2m

Total Debt

45.4m41.7m63.7m

Total Liabilities

368.2m328.0m341.6m

Common Stock

5.0k5.0k6.0k

Additional Paid-in Capital

744.9m785.6m854.3m

Retained Earnings

1.8b2.0b2.2b

Total Equity

2.2b2.4b2.6b

Debt to Equity Ratio

0 x0 x0 x

Debt to Assets Ratio

0 x0 x0 x

Financial Leverage

1.2 x1.1 x1.1 x

IPG Photonics Cash Flow

Annual

USDFY, 2018FY, 2019FY, 2020

Net Income

404.2m180.3m160.3m

Depreciation and Amortization

80.3m96.3m94.6m

Accounts Receivable

(18.8m)9.8m(13.0m)

Inventories

(135.4m)(28.1m)(39.9m)

Accounts Payable

(1.4m)(10.3m)(1.9m)

Cash From Operating Activities

393.3m323.5m285.3m

Purchases of PP&E

(160.3m)(133.5m)(87.7m)

Cash From Investing Activities

(563.0m)(140.0m)(99.6m)

Short-term Borrowings

(255.0k)(15.0k)

Long-term Borrowings

(3.6m)(3.7m)(3.7m)

Cash From Financing Activities

(166.6m)(37.1m)(10.1m)

Net Change in Cash

(365.5m)138.6m195.6m

Interest Paid

3.1m2.7m2.2m

Income Taxes Paid

112.8m117.0m85.9m

IPG Photonics Ratios

USDFY, 2018

EV/EBIT

10.6 x

EV/CFO

14.1 x

Revenue/Employee

234.7k

Financial Leverage

1.2 x

P/E Ratio

15.4

IPG Photonics Operating Metrics

IPG Photonics's Backlog was reported to be $673.7m in FY, 2020.
FY, 2018FY, 2019FY, 2020Aug, 2021

Backlog

$712.3 m$693.4 m$673.7 m

Countries

19

Facility Space Leased, sq. ft.

371.9 k600 k500 k

Facility Space Owned, sq. ft.

1.93 m2.2 m2.5 m

Industries Served

14

Patent Applications

430450475

Patents Issued

350400500

IPG Photonics Employee Rating

3155 votes
Culture & Values
2.7
Work/Life Balance
3.2
Senior Management
2.8
Salary & Benefits
3.6
Career Opportunities
2.8
Source