IPG Photonics Corporation (IPGP) — Capital Reinvestment Ratio
IPG Photonics Corporation (IPGP) has a Capital Reinvestment Ratio of 0.55x as of June 2026, meaning it reinvests 1% of its operating cash flow ($37.79 Million) in capital expenditures ($20.71 Million). Check IPG Photonics Corporation tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
IPG Photonics Corporation Capital Reinvestment Ratio (2004–2025)
This chart tracks IPG Photonics Corporation's Capital Reinvestment Ratio across 22 annual periods. For the full cash flow conversion analysis, see IPG Photonics Corporation cash flow conversion.
Annual Capital Reinvestment Ratio for IPG Photonics Corporation (2004–2025)
Year-by-year Capital Reinvestment Ratio for IPG Photonics Corporation from 2004 to 2025. See cash generation quality of IPG Photonics Corporation to measure how efficiently the company converts operating cash flow to free cash.
| Year | Reinvestment Ratio | Operating CF (USD) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 1.05x | $75.34 Million | $78.80 Million | ▲ +163.1% |
| 2024 | 0.40x | $247.90 Million | $98.52 Million | ▲ +6.5% |
| 2023 | 0.37x | $295.99 Million | $110.48 Million | ▼ -27.9% |
| 2022 | 0.52x | $212.65 Million | $110.14 Million | ▲ +64.0% |
| 2021 | 0.32x | $389.70 Million | $123.11 Million | ▲ +2.8% |
| 2020 | 0.31x | $285.33 Million | $87.70 Million | ▼ -25.5% |
| 2019 | 0.41x | $323.52 Million | $133.54 Million | ▲ +1.2% |
| 2018 | 0.41x | $393.30 Million | $160.34 Million | ▲ +30.3% |
| 2017 | 0.31x | $404.45 Million | $126.53 Million | ▼ -28.0% |
| 2016 | 0.43x | $292.29 Million | $127.04 Million | ▲ +59.0% |
| 2015 | 0.27x | $256.57 Million | $70.12 Million | ▼ -44.4% |
| 2014 | 0.49x | $184.21 Million | $90.60 Million | ▼ -17.2% |
| 2013 | 0.59x | $119.37 Million | $70.92 Million | ▲ +52.4% |
| 2012 | 0.39x | $175.50 Million | $68.41 Million | ▼ -36.0% |
| 2011 | 0.61x | $87.93 Million | $53.58 Million | ▲ +36.2% |
| 2010 | 0.45x | $63.42 Million | $28.37 Million | ▲ +131.9% |
| 2009 | 0.19x | $54.41 Million | $10.50 Million | ▼ -82.0% |
| 2008 | 1.07x | $34.67 Million | $37.11 Million | ▼ -66.8% |
| 2007 | 3.22x | $10.66 Million | $34.34 Million | ▲ +202.7% |
| 2006 | 1.06x | $19.20 Million | $20.44 Million | ▼ -9.5% |
| 2005 | 1.18x | $13.59 Million | $15.99 Million | ▲ +82.2% |
| 2004 | 0.65x | $6.25 Million | $4.04 Million | — |