IPG Photonics Corporation (IPGP) — Cash Flow Reinvestment Rate

Latest as of June 2026: 3.20x

IPG Photonics Corporation (IPGP) has a Cash Flow Reinvestment Rate of 3.20x as of June 2026, reinvesting $120.79 Million (capex $20.71 Million plus investments $-100.08 Million) from operating cash flow of $37.79 Million. See IPG Photonics Corporation free cash flow generation to measure how efficiently the company converts operating cash flow to free cash.

Reinvestment Rate

3.20x
(Capex + Investments) / Operating CF

Total Reinvested

$120.79 Million
Capex + Investments

Operating Cash Flow

$37.79 Million
USD

Capital Expenditures

$20.71 Million
USD

IPG Photonics Corporation Cash Flow Reinvestment Rate (2004–2025)

Historical reinvestment intensity for IPG Photonics Corporation across 22 annual periods. For the full cash flow conversion analysis, see IPGP cash flow metrics.

Annual Cash Flow Reinvestment Rate for IPG Photonics Corporation (2004–2025)

Year-by-year capital reinvestment analysis for IPG Photonics Corporation. See IPGP FCF to total liabilities ratio to measure the company's free cash flow as a share of total liabilities.

Year Reinvestment Rate Total Reinvested (USD) Operating CF Capex YoY Change
2025 3.54x $266.70 Million $75.34 Million $78.80 Million ▲ +185.6%
2024 1.24x $307.26 Million $247.90 Million $98.52 Million ▼ -4.5%
2023 1.30x $383.99 Million $295.99 Million $110.48 Million ▼ -32.2%
2022 1.91x $407.09 Million $212.65 Million $110.14 Million ▲ +79.3%
2021 1.07x $416.18 Million $389.70 Million $123.11 Million ▲ +204.6%
2020 0.35x $100.03 Million $285.33 Million $87.70 Million ▼ -19.7%
2019 0.44x $141.31 Million $323.52 Million $133.54 Million ▼ -62.3%
2018 1.16x $455.32 Million $393.30 Million $160.34 Million ▲ +268.1%
2017 0.31x $127.22 Million $404.45 Million $126.53 Million ▼ -59.6%
2016 0.78x $227.74 Million $292.29 Million $127.04 Million ▲ +13.0%
2015 0.69x $176.87 Million $256.57 Million $70.12 Million ▼ -35.7%
2014 1.07x $197.35 Million $184.21 Million $90.60 Million ▲ +79.1%
2013 0.60x $71.41 Million $119.37 Million $70.92 Million ▲ +11.9%
2012 0.53x $93.86 Million $175.50 Million $68.41 Million ▼ -40.5%
2011 0.90x $79.03 Million $87.93 Million $53.58 Million ▲ +100.9%
2010 0.45x $28.37 Million $63.42 Million $28.37 Million ▲ +131.9%
2009 0.19x $10.50 Million $54.41 Million $10.50 Million ▼ -82.0%
2008 1.07x $37.11 Million $34.67 Million $37.11 Million ▼ -66.8%
2007 3.22x $34.34 Million $10.66 Million $34.34 Million ▲ +202.7%
2006 1.06x $20.44 Million $19.20 Million $20.44 Million ▼ -9.5%
2005 1.18x $15.99 Million $13.59 Million $15.99 Million ▲ +82.2%
2004 0.65x $4.04 Million $6.25 Million $4.04 Million
Cash Flow Reinvestment Rate = (ABS(Capex) + ABS(Investments)) / Operating Cash Flow