IPG Photonics Corporation (IPGP) — Financial Flexibility Index

Latest as of June 2026: 0.20x

IPG Photonics Corporation (IPGP) has a Financial Flexibility Index of 0.20x as of June 2026. Free cash flow of $58.51 Million (operating CF $37.79 Million minus capex $20.71 Million) represents 0% of total liabilities ($297.39 Million). Check IPG Photonics Corporation (IPGP) reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.

Financial Flexibility Index

0.20x
Free Cash Flow / Total Liabilities

Free Cash Flow

$58.51 Million
Operating CF − Capex

Total Liabilities

$297.39 Million
USD

Capital Expenditures

$20.71 Million
USD

IPG Photonics Corporation Financial Flexibility Index (2004–2025)

Historical Financial Flexibility Index trend for IPG Photonics Corporation across 22 annual periods. For the full cash flow conversion analysis, see IPG Photonics Corporation cash conversion from operations.

Annual Financial Flexibility Index for IPG Photonics Corporation (2004–2025)

Year-by-year free cash flow to debt coverage for IPG Photonics Corporation. Explore IPG Photonics Corporation (IPGP) debt coverage ratio to assess how comfortably operating cash covers total debt obligations.

Year Flexibility Index Free Cash Flow (USD) Operating CF Total Liabilities YoY Change
2025 0.52x $154.14 Million $75.34 Million $296.15 Million ▼ -60.2%
2024 1.31x $346.42 Million $247.90 Million $264.79 Million ▼ -8.7%
2023 1.43x $406.47 Million $295.99 Million $283.51 Million ▲ +59.0%
2022 0.90x $322.79 Million $212.65 Million $357.92 Million ▼ -25.6%
2021 1.21x $512.81 Million $389.70 Million $423.32 Million ▲ +10.9%
2020 1.09x $373.03 Million $285.33 Million $341.59 Million ▼ -21.6%
2019 1.39x $457.06 Million $323.52 Million $327.99 Million ▼ -7.3%
2018 1.50x $553.64 Million $393.30 Million $368.22 Million ▼ -1.0%
2017 1.52x $530.98 Million $404.45 Million $349.65 Million ▼ -15.9%
2016 1.81x $419.33 Million $292.29 Million $232.28 Million ▲ +6.5%
2015 1.69x $326.69 Million $256.57 Million $192.76 Million ▲ +1.3%
2014 1.67x $274.81 Million $184.21 Million $164.33 Million ▲ +17.1%
2013 1.43x $190.29 Million $119.37 Million $133.25 Million ▼ -10.7%
2012 1.60x $243.91 Million $175.50 Million $152.57 Million ▲ +34.1%
2011 1.19x $141.51 Million $87.93 Million $118.68 Million ▲ +62.1%
2010 0.74x $91.80 Million $63.42 Million $124.80 Million ▼ -36.5%
2009 1.16x $64.90 Million $54.41 Million $56.06 Million ▲ +12.8%
2008 1.03x $71.78 Million $34.67 Million $69.92 Million ▲ +33.9%
2007 0.77x $45.00 Million $10.66 Million $58.69 Million ▲ +37.5%
2006 0.56x $39.64 Million $19.20 Million $71.07 Million ▲ +203.7%
2005 0.18x $29.57 Million $13.59 Million $161.04 Million ▲ +184.0%
2004 0.06x $10.29 Million $6.25 Million $159.07 Million
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities