IPG Photonics Corporation (IPGP) — Cash Flow Quality Index
IPG Photonics Corporation (IPGP) has a Cash Flow Quality Index of -3.45x as of March 2026. Operating cash flow of $-5.46 Million is below net income of $1.58 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore IPGP cash flow metrics to assess how effectively this company generates cash.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
IPG Photonics Corporation Cash Flow Quality Index (2004–2025)
Historical Cash Flow Quality Index for IPG Photonics Corporation across 21 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check IPGP capex plus investments ratio to assess the company's total reinvestment commitment from operating cash flow.
Annual Cash Flow Quality Index for IPG Photonics Corporation (2004–2025)
Year-by-year earnings quality comparison for IPG Photonics Corporation. For live market cap and the full company financial profile, see IPG Photonics Corporation (IPGP) total market value.
| Year | Quality Index | Operating CF (USD) | Net Income | YoY Change |
|---|---|---|---|---|
| 2025 | 2.42x | $75.34 Million | $31.10 Million | ▲ +79.2% |
| 2023 | 1.35x | $295.99 Million | $218.88 Million | ▼ -29.6% |
| 2022 | 1.92x | $212.65 Million | $110.76 Million | ▲ +36.9% |
| 2021 | 1.40x | $389.70 Million | $277.87 Million | ▼ -21.2% |
| 2020 | 1.78x | $285.33 Million | $160.34 Million | ▼ -0.8% |
| 2019 | 1.79x | $323.52 Million | $180.26 Million | ▲ +84.4% |
| 2018 | 0.97x | $393.30 Million | $404.17 Million | ▼ -16.4% |
| 2017 | 1.16x | $404.45 Million | $347.59 Million | ▲ +3.8% |
| 2016 | 1.12x | $292.29 Million | $260.72 Million | ▲ +5.8% |
| 2015 | 1.06x | $256.57 Million | $242.03 Million | ▲ +15.4% |
| 2014 | 0.92x | $184.21 Million | $200.44 Million | ▲ +19.9% |
| 2013 | 0.77x | $119.37 Million | $155.78 Million | ▼ -35.5% |
| 2012 | 1.19x | $175.50 Million | $147.74 Million | ▲ +63.5% |
| 2011 | 0.73x | $87.93 Million | $121.01 Million | ▼ -37.7% |
| 2010 | 1.17x | $63.42 Million | $54.35 Million | ▼ -88.7% |
| 2009 | 10.30x | $54.41 Million | $5.28 Million | ▲ +988.5% |
| 2008 | 0.95x | $34.67 Million | $36.65 Million | ▲ +165.3% |
| 2007 | 0.36x | $10.66 Million | $29.89 Million | ▼ -45.7% |
| 2006 | 0.66x | $19.20 Million | $29.23 Million | ▼ -64.1% |
| 2005 | 1.83x | $13.59 Million | $7.43 Million | ▼ -41.1% |
| 2004 | 3.11x | $6.25 Million | $2.01 Million | — |