IPG Photonics Corporation Capital Reinvestment Ratio
IPG Photonics Corporation 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). See IPG Photonics Corporation free cash flow generation to measure how efficiently the company converts operating cash flow to free cash.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Capital Reinvestment Ratio of IPG Photonics Corporation (2004–2025)
Capital reinvestment ratio of IPG Photonics Corporation from 2004 to 2025. This chart tracks IPG Photonics Corporation's Capital Reinvestment Ratio across 22 annual periods. See IPGP financial flexibility score to measure the company's free cash flow as a share of total liabilities.
IPG Photonics Corporation Capital Reinvestment Ratio by Year (2004–2025)
IPG Photonics Corporation capital reinvestment ratio by year from 2004 to 2025. For the full cash flow conversion analysis, see IPGP cash flow conversion.
| 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 | — |